RNG PROP. v. SUMMIT BD. OF REV.

No. 2013-0028.

140 Ohio St.3d 455 (2014)

2014-Ohio-4036

RNG PROPERTIES, LTD., APPELLANT, v. SUMMIT COUNTY BOARD OF REVISION ET AL., APPELLEES.

Supreme Court of Ohio.

Decided September 23, 2014.


Attorney(s) appearing for the Case

Karen H. Bauernschmidt Co., L.P.A., Karen H. Bauernschmidt , and Stephen M. Nowak , for appellant.

Brindza, McIntyre & Seed, L.L.P., David H. Seed , and Jennifer A. Antoon , for appellee Akron City School District Board of Education.

Sherri Bevan Walsh , Summit County Prosecuting Attorney, and Regina M. VanVorous , for appellees Summit County Fiscal Officer and Summit County Board of Revision.


Per Curiam.

{¶ 1} This real-property-valuation case addresses whether the Board of Tax Appeals ("BTA") acted reasonably and lawfully when it rejected a contractual allocation of a 2010 asset purchase price to determine property values for tax year 2008. Appellant, RNG Properties, Ltd., the owner-taxpayer, sold a large industrial-warehouse business in 2010, including several parcels of...

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