Grant Cty. Ass. v. Hawkeye Mini.

I. INTRODUCTION

This matter comes before the court for decision after trial. Plaintiff Grant County (the county) appeals from a Magistrate Division decision finding that, for the 2004-05 tax year, the real market value (RMV) of Defendant Hawkeye Mining Company (taxpayer) was $11,000. Taxpayer maintains that the property's RMV is no more than $5,400. The county alleges that the value is $68,000.

II. FACTS

This appeal concerns the value of a 54.82-acre parcel of real property. Both parties presented exhibits and testimony in support of their respective theories of value at the trial.

The testimony…