Oregon Bank v. Department of Revenue

CARLISLE B. ROBERTS, Judge.

The Oregon Bank, an Oregon banking corporation, appealed from the Department of Revenue’s Order No. VL 78-264, dated May 24, 1978. The question presented is the true cash value of a newly constructed banking facility in Eugene, Oregon, as of the assessment date, January 1, 1977.

The property is located on the southwest corner of the intersection of 11th Avenue West and Garfield Street, with a street address of 2000 West 11th Avenue, Eugene, Oregon. Its legal description is Lots 1,2 and 3, Block 10, Chambers Addition to Eugene, in Lane County, Oregon. The County…