Legal Opinion
Lake Morey Inn Golf Resort, Ltd. Partnership v. Town of Fairlee
Supreme Court of Vermont
Decided November 7, 1997No. 96-435PublishedCited by 20 opinions
1Opinion of the CourtGibson, J.
The Town of Fairlee appeals a State Board of Appraisers decision that valued a 164-room resort and conference center, owned by the Lake Morey Inn Golf Resort, at $3,275,000. The Town contends that (1) the market data approach is the best method to determine the value of the property, and the Board erred in rejecting the Town’s comparables; (2) the Board improperly relied on the cost approach as the sole method to value the property; and (3) the Board’s decision was not supported by adequate findings of fact. We hold that the method used by the Board to value the property was proper and…
2Cases cited12 opinions
- New England Power Company v. Town of BarnetSupreme Court of Vermont · 1976
- Sondergeld v. Town of HubbardtonSupreme Court of Vermont · 1988
- In Re Southview AssociatesSupreme Court of Vermont · 1989
- Kruse v. Town of WestfordSupreme Court of Vermont · 1985
- Town of Barnet v. Central Vermont Public Service Corp.Supreme Court of Vermont · 1973
7 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Town of Killington v. Department of TaxesSupreme Court of Vermont · 2003
- Vermont Electric Power Co. v. Town of VernonSupreme Court of Vermont · 2002
- Barrett v. Town of WarrenSupreme Court of Vermont · 2005
- Franks v. Town of Essex, Rockingham Area Community Land Trust v. Town of RockinghamSupreme Court of Vermont · 2013
- Dewey v. Town of WaitsfieldSupreme Court of Vermont · 2008
15 more not listed; retrieve them via the Exa API.