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METRO JACOBSON DEV. VENTURE v. BD. OF REV.

No. 93-557.

524 N.W.2d 189 (1994)

METROPOLITAN JACOBSON DEVELOPMENT VENTURE and Washington Avenue Venture, Appellants, v. BOARD OF REVIEW OF the CITY OF DES MOINES, Appellee.

Supreme Court of Iowa.

Rehearing Denied December 20, 1994.

Attorney(s) appearing for the Case

Dennis P. Ogden, Gerard D. Neugent, and Margaret C. Callahan of Belin Harris Lamson McCormick, A Professional Corp., Des Moines, for appellants.

William R. Clark, Jr. of Herrick, Langdon & Langdon, Des Moines, for appellee.

Considered by McGIVERIN, C.J., and LAVORATO, NEUMAN, ANDREASEN, and TERNUS, JJ.

TERNUS, Justice.

Appellants, Metropolitan Jacobson Development Venture and Washington Avenue Venture, own commercial warehouse properties in the City of Des Moines. They challenged the assessments1 of these properties as excessive and inequitable. The district court agreed and reduced the assessed values.

The property owners appealed claiming that the reduced assessments are still inequitable because the properties are assessed...

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