PULASKI CTY. v. CARRIAGE CREEK PROPERTY

No. 93-1257.

888 S.W.2d 652 (1994)

319 Ark. 12

PULASKI COUNTY, Arkansas, Appellant, v. CARRIAGE CREEK PROPERTY OWNERS IMPROVEMENT DISTRICT NO. 639, Appellee.

Supreme Court of Arkansas.

December 12, 1994.


Attorney(s) appearing for the Case

Nelwyn Davis, Little Rock, for appellant.

Gregory B. Graham, Lynda M. Johnson, Little Rock, for appellee.


NEWBERN, Justice.

The issue in this appeal is whether property acquired and held by an improvement district as the result of foreclosure for failure to pay improvement district assessments is subject to taxation. The Trial Court held that it is not. We affirm the decision.

The appellee, Carriage Creek Property Owners Improvement District No. 639 (the District), foreclosed, in accordance with Ark. Code Ann. § 14-94-122 (Supp.1993), on 217 lots in the District...

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