Texaco Refining & Marketing, Inc. v. Assessment Board of Appeals

TAYLOR, Judge.

This is a property tax assessment appeal by Texaco Refining and Marketing, Inc. [Texaco] from a determination of the Assessment Board of Appeals of the City of Delaware City [Board].

Texaco is the owner of an oil refinery in New Castle County, Delaware. A portion of the refinery known as “the dock area” is located in Delaware City, Delaware. The dock area consists of 397.16 acres of land on which are located a berm or dike, pipelines, tanks, equipment, buildings and other improvements. For the 1986 tax year, Delaware City assessed the dock area at $11,-115,141. Texaco appealed…