REYNOLDS v. BOARD OF EQUALIZATION

Nos. A-09-1019, A-09-1020.

790 N.W.2d 455 (2010)

18 Neb. App. 616

Robert B. REYNOLDS, appellant, v. KEITH COUNTY BOARD OF EQUALIZATION, appellee. Theresa Shaw-Roth and Richard S. Roth, appellants, v. Keith County Board of Equalization, appellee.

Court of Appeals of Nebraska.

October 26, 2010.


Attorney(s) appearing for the Case

Michael D. Samuelson , of McGinley, O'Donnell, Reynolds & Korth, P.C., L.L.O., Ogallala, for appellants.

J. Blake Edwards , Keith County Attorney, for appellee.

INBODY, Chief Judge, and MOORE and CASSEL, Judges.


CASSEL, Judge.

INTRODUCTION

At issue in these consolidated appeals are the valuations for property tax purposes of leasehold interests in public land. The taxpayers contend that because their respective leases were determined by protracted negotiations at arm's length, the resulting rentals necessarily meet or exceed market rent and thereby preclude their leaseholds, except for the buildings and improvements located on the leased land, from having taxable...

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