Appeal of Pace/Dowd Properties Ltd.

Supreme Court, Appeal of Pace/Dowd Properties Ltd. v. Union County, Supreme Court case of COA13-759 and 10 PTC 638. "PETITION FOR DISCRETIONARY REVIEW to review the decision of the North Carolina Court of Appeals filed on the 5th of May 2014 was dismissed as moot by order of the North Carolina Supreme Court on the 19th day of August 2014, and same has been certified to the North Carolina Court of Appeals."

COA13-759, Appeal of Pace/Dowd Properties Ltd. v. Union County, Court of Appeals case of 10 PTC 638. "Furthermore, the Commission did not err by holding that Union County "improperly 'discovered' Parcel (3A) for tax years 2008 and 2009" as the General Assembly has stated that "(a)n increase or decrease in appraised value made under this section is effective as of January 1 of the year in which it is made and is not retroactive.""

10 PTC 638, Appeal of Pace/Dowd Properties Ltd. v. Union County, development property. "In this appeal, the Commission, having exercised its duty to hear the evidence of both sides, in order to determine its weight and sufficiency and the credibility of witnesses, and to draw inferences, and to appraise conflicting and circumstantial evidence, determines that Union County did not meet its burden regarding the valuations of the subject parcels when Union County did not consider certain relevant factors, as required by N.C. Gen. Stat. § 105-317..."