Aspen Valley Ranch v. Department of Revenue

CARLISLE B. ROBERTS, Judge.

The plaintiff partnership appealed from defendant’s Order No. VL 78-380, dated August 1,1978. The issue presented was the true cash value on January 1, 1977, of 5,000-plus acres of Crook County farmland, identified in the assessor’s records as Tax Lots 17 19-TL 800-1,17 19-TL 1000-1, 16 19-TL 2000-1, 16 19-TL 2100-1 and 16 19-TL 2300-1. The parties agreed that the highest and best use of the farmland was as a cow/calf grazing operation. The subject property has been granted the special farm use classification under ORS 308.370.

It was agreed by the parties that the…