EL DORADO PALM SPRINGS, LTD. v. BOARD OF SUP'RS

No. E030299.

128 Cal.Rptr.2d 891 (2002)

104 Cal.App.4th 1262

EL DORADO PALM SPRINGS, LTD., Plaintiff and Appellant, v. Riverside County BOARD OF SUPERVISORS et al., Defendants and Respondents.

Court of Appeals of California, Fourth District, Division Two.

Review Denied March 19, 2003.


Attorney(s) appearing for the Case

Gilchrist & Rutter, Frank Gooch III, Santa Monica, and Thomas W. Casparian, Santa Monica, for Plaintiff and Appellant.

William C. Katzenstein, County Counsel, Joe S. Rank, Assistant County Counsel, and Carole A. Nunes-Fong, Deputy County Counsel, for Defendants and Respondents.

Bill Lockyer, Attorney General, David S. Chaney, Supervising Deputy Attorney General, W. Dean Freeman, Lead Supervising Deputy Attorney General, and Brian D. Wesley, Deputy Attorney General, for California State Board of Equalization as Amicus Curiae on behalf of Plaintiff and Appellant.


OPINION

GAUT, J.

1. Introduction

Revenue and Taxation Code section 51,1 enacted in 1978 as Proposition 8, allows the taxable value of real property to be reduced due to a decline in value.2

In 1997, plaintiff El Dorado Palm Springs Ltd., a partnership (El Dorado), prevailed on an assessment appeal and obtained a reduction in a real property tax assessment for the tax year...

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