COBBLESTONE SQUARE CO. v. BD.

No. 2004-0883.

106 Ohio St.3d 305 (2005)

2005-Ohio-5128

COBBLESTONE SQUARE CO., LTD., APPELLANT, v. LORAIN COUNTY BOARD OF REVISION ET AL., APPELLEES.

Supreme Court of Ohio.

Decided October 12, 2005.


Attorney(s) appearing for the Case

Martin Hughes & Associates, Martin J. Hughes III, and Jackie Lynn Hager, for appellant.

Armstrong, Mitchell, Damiani & Zaccagnini and Timothy J. Armstrong, for appellee Board of Education of Elyria City School District.


Per Curiam.

{¶ 1} Appellant, Cobblestone Square Co., Ltd. ("Cobblestone"), purchased the real property in question in May 2001. The property consists of approximately 8.34 acres and a one-story cement-block building of slightly over 100,000 square feet, which formerly housed a Kmart store.

{¶ 2} For tax year 2001, the Lorain County Auditor valued the real property at $3,417,110. Based on a sale of the property...

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