Penn Phillips Lands, Inc. v. Commission

Edward H. Howell, Judge.

This case is plaintiff’s second appeal to the Tax Court. The details and background of plaintiff’s development, promotion and sale of land in Christmas Valley in the northern part of Lake County are set forth in the decisions of this court, 2 OTR 373 (1966), and the Oregon Supreme Court, 247 Or 380, 430 P2d 349 (1967).

In the former case involving the tax year 1965-66 the connty assessor, after completing a reappraisal of the southern half of Lake Connty, increased the value of plaintiff’s lands in the Christmas Valley area of the northern portion of Lake County to $60…