CNL Hotels & Resorts, Inc. v. Maricopa County

OPINION

DOWNIE, Judge.

¶ 1 This is a property tax challenge to the classification of property located on State-owned land. The Arizona Tax Court granted summary judgment to defendant/appellee Maricopa County (the “County”), concluding it had properly classified plaintiffs’/appellants’ (“Taxpayers”) property as class one. We reverse and hold that the property should be classified as class nine because the necessary governmental reversionary inter-est exists.

FACTS AND PROCEDURAL HISTORY

¶2 CNL Hotels and Resorts, Inc. holds and owns Desert Ridge Resort, L.L.C. (“Desert Ridge”). Desert Ridge has a…