Legal Opinion
City of Atlantic v. County Board of Review of Cass County
Supreme Court of Iowa
Decided November 12, 1975No. 2-56540PublishedCited by 4 opinions
1Opinion of the Court
MOORE, Chief Justice.
This court has adjudicated countless cases involving claimed overvaluation of real property by assessors and boards of review. This appeal presents for the first time a claim of undervaluation for property tax purposes.
After thorough study and survey to determine the needed area and most advantageous location for a new supermarket in Atlantic, Iowa, Safeway Stores, Inc. (Safeway) began taking options and finally purchased ten city lots and houses at a total price of $241,250. The cost of acquisition was initially estimated at $127,500. Safeway after removing the existing…
2Cases cited5 opinions
- L. Bamberger & Co. v. Division of Tax AppealsSupreme Court of New Jersey · 1948
- Milroy v. Board of Review of County of BentonSupreme Court of Iowa · 1975
- Power v. RegisSupreme Court of Iowa · 1974
- Northwestern Mutual Life Insurance Co. v. Board of ReviewSupreme Court of Iowa · 1975
- L. Bamberger & Co. v. Division of Tax Appeals of the Department of Taxation & FinanceSupreme Court of New Jersey · 1948
3Cited by4 opinions
- Foreman & Clark of Iowa, Inc. v. Board of Review of City of Cedar RapidsSupreme Court of Iowa · 1979
- White v. Board of Review of Polk CountySupreme Court of Iowa · 1976
- Security Mutual Insurance Ass'n of Iowa v. Board of ReviewCourt of Appeals of Iowa · 1991
- Valley Forge Apartments v. Board of ReviewSupreme Court of Iowa · 1976