Multnomah County v. Department of Revenue

CARL N. BYERS, Judge.

Plaintiffs appeal from defendant’s Opinion and Order No. 91-0140, which reduced the assessed value of intervenor’s property for 1988, 1989 and 1990. This appeal concerns the effect of government regulation on the highest and best use of property.

The subject property consists of approximately 420 acres of undeveloped land northwest of Portland. It is bordered on the west by the Burlington Northern railroad track and on the east by the Multnomah Channel of the Columbia River. The parcel is in the shape of a large slug on the railroad with the river flowing over its back. It…