Ferche Acquisitions, Inc. v. County of Benton

OPINION

GARDEBRING, Justice.

This is an appeal by Benton County from a Minnesota Tax Court decision challenging the findings of fact and conclusions of law regarding the valuation of property owned by Ferche Acquisitions, Inc. The dispute between Ferche and the County turns on whether the determination of the property’s “highest and best use” should specifically take into account its unique design and construction characteristics, or whether it is more properly valued as a general purpose industrial site. Put another way, the question is whether the unusual design and construction…