Lexington Tower Assocs. v. Director of Finance

BY JUDGE T. J. MARKOW

This case is before the court on the Petition for Correction of Erroneous Assessments of taxes. The parties appeared by counsel for trial on March 6, 1998. The plaintiff is Lexington Towers Associates (“LTA”), a Virginia general partnership which owns the Lexington Towers apartment building (“the Property”) in the City of Richmond. The defendants are the Director of Finance of the City of Richmond and the City of Richmond (“the City”). They are authorized to assess values of property and levy real estate taxes pursuant to Title 58.1, Chapter 32 of the Virginia Code.

Lexingt…