Oregon Broadcasting Co. v. Department of Revenue

Plaintiff appeals from a decree of the Oregon Tax Court establishing a value of $219,340 for its property as of January 1, 1976.

Plaintiff’s property consists of approximately 7.95 acres together with improvements in the form of a broadcast television studio, the administrative offices of Oregon Broadcasting, Inc., formerly Southern Oregon Broadcasting Company, and facilities for the transmission and reception of microwave signals. The property has a northwesterly boundary consisting of 500 feet of frontage on Crater Lake Highway and is one-quarter of a mile to'the southwest from the highway’s…