Board of Assessment Appeals v. Colorado Arlberg Club

*148MULLARKEY, Justice.

The Colorado Arlberg Club (Club) sought judicial review of the Board of Assessment Appeals’ (Board’s) final decision holding that its real property had an actual value of $1,840,585.00 and a valuation for assessment of $533,770.00 for the tax year 1983. The district court affirmed and the court of appeals reversed. Colorado Arlberg Club v. Board of Assessment Appeals, 719 P.2d 371 (Colo.Ct.App.1986). We granted the Board’s petition for certiorari.

The Board contends that the court of appeals improperly substituted its own findings of fact for those of the Board. The Board…