PEDCOR INVESTMENTS-1990-XIII, L.P. v. STATE BD. OF TAX COMM'RS

Nos. 49T10-9602-TA-00017, 49T10-9609-TA-00103.

715 N.E.2d 432 (1999)

PEDCOR INVESTMENTS-1990-XIII, L.P., Petitioner, v. STATE BOARD OF TAX COMMISSIONERS, Respondent.

Tax Court of Indiana.

September 2, 1999.


Attorney(s) appearing for the Case

Marc A. Hetzner, Frank A. Hoffman, Michael J. Messaglia, Krieg Devault Alexander & Capehart, Indianapolis, Indiana, Attorneys for Petitioner.

Jeffrey A. Modisett, Attorney General of Indiana, Angela L. Mansfield, Deputy Attorney General, Indianapolis, Indiana, Attorneys for Respondent.


FISHER, J.

Pedcor Investments-1990-XIII, L.P. (Pedcor) appeals two final determinations of the State Board of Tax Commissioners (State Board) fixing the assessed value of Pedcor's 13-acre, 160-unit apartment complex as of the March 1, 1992 and March 1, 1993 assessment dates.

FACTS AND PROCEDURAL HISTORY

Federal law provides a number of tax incentives to encourage the production of affordable housing for...

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