BOSS HOTELS COMPANY v. County of Hall

This case involves the valuation of plaintiff’s property for tax purposes. The property consisted of the parking lot and hotel building, known as The Yancy Hotel, in Grand Island, Nebraska. The trial court found that the actual value of the property was $295,000, with an assessed value of $103,250. The defendant has appealed.

This action is a statutory proceeding under the provisions of sections 77-1510 and 77-1511, R. R. S'. 1943. For the 1967 tax year, the Hall County board of equalization initially fixed the actual value of the property at $553,457 with an assessed value of $193,710. After…