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NORTH STAR ALASKA HOUS. v. BD. OF EQUAL.

No. S-4568.

844 P.2d 1109 (1993)

NORTH STAR ALASKA HOUSING CORPORATION, an Alaska corporation, Appellant, v. FAIRBANKS NORTH STAR BOROUGH BOARD OF EQUALIZATION, Appellee.

Supreme Court of Alaska.

January 15, 1993.

Attorney(s) appearing for the Case

John Spencer Stewart and Erin Marston, Stafford Frey Cooper & Stewart, Portland, OR, for appellant.

Mark Andrews, Acting Borough Atty., Fairbanks North Star Borough, Fairbanks, for appellee.

Before MOORE, C.J., and RABINOWITZ, BURKE, MATTHEWS and COMPTON, JJ.

OPINION

COMPTON, Justice.

The conflict between North Star Alaska Housing Corporation (North Star) and the Fairbanks North Star Borough (FNSB) regarding the valuation of North Star's housing project at Fort Wainwright again comes before this court. This time North Star appeals its 1988 tax assessment. We affirm.

I. FACTUAL AND PROCEDURAL BACKGROUND

The background facts of this case are noted in North Star Alaska Housing

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