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NORTHERLY CENTRE CORP. v. COUNTY OF RAMSEY

No. 46316.

248 N.W.2d 923 (1976)

In re Real Estate Taxes Payable in Year 1974 against Property of Northerly Centre Corporation, Located in Ramsey County, Minnesota. NORTHERLY CENTRE CORPORATION, petitioner, Appellant, v. COUNTY OF RAMSEY, Respondent.

Supreme Court of Minnesota.

December 23, 1976.

Attorney(s) appearing for the Case

Oppenheimer, Wolff, Foster, Shepard & Donnelly and Craig W. Gagnon and Thomas W. Anderson, St. Paul, for appellant.

William B. Randall, County Atty., Thomas M. Quayle and Steven C. DeCoster, Asst. County Attys., St. Paul, for respondent.

Heard before TODD, MacLAUGHLIN and YETKA, JJ., and considered and decided by the court en banc.

MacLAUGHLIN, Justice.

This is an appeal by petitioner, Northerly Centre Corporation, hereafter Northerly Centre, from a judgment of the district court finding the Ramsey County assessor's 1973 valuation of petitioner's real estate to be excessive and reducing the value to the sum of $4,800,000. It is Northerly Centre's belief that the trial court did not sufficiently reduce the valuation of its property and that the trial court's valuation is not reasonably supported...

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