08/02/2018 (2) VAB - Laserfiche WebLink

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Agent: The Agent,pres'e tetl.a.:.Valuation Rep'ott-dated::,. X;:.20x7: He stated that the faciiity.is. at % of total: capacity l i,liis:rep6t.:i e used OxX'to:develop a. °lo ;a justmenY vith.a scale 'factor::of::::6; His' report:::included a surYitn'ary of., pp a1;: valuation` o ..property;: economic .,bb 2ne1. impact -on:: coiisirictioxl xnarl<ets,.XX. profit `margins, :... requested;:waltie>::'b:ased: on _% ihttility,Tbft. aty,. l'q ier:'of Attorney, 20X : :Florida Valuation Model and..-pages_6oin ASA'-s-book"1.oii valuingmachinery'and.equli tient. lie read'.A.SA.'s;: deft itioz�s' relating to -economi-e:,obsolescence:..' T`he ;Agent: stated ` the;.true capacity is' � 000.:tOns-, .T4e theh shovved liovvafieiz eatculations vere..:applied to%establish their Yregt ested lixe:: ;.This ;plant runs: 5 clays a: woek,: l2;.iio rs a :day.: T� W plant produces XXX ti -i6— f Wim: The Agerit:requested:tlieir.Opnion of Valiefoil asoWs::: 2017 -XXX `:':.:':.:.... keg -XX XX T1ie .PA` .statecl.:thai.'. they :have.'included :the`::Agetit'S -.20XX-. evidence, .-which` shoves improvement;iri fl e::pr.'o. ction.leve ls: .The..Agerit:stated;that-1he-operating;prof"it`sho vs-`a:'loss for; �. of tlie:10:yoars.and,fliat there is competition; all around `. them kie :requested on i . -rat ori addihoiial econorriic :. obso`lesceiige'liiirg:applied to tlie:Just Findings mf Asper Riile'12D .;025'(1) -F A:G;: iho: Special":'Magisttate shall:review .the: evidence and ddtenilirie wl effi, -. t:::is::. admissible. ;All of: lie.ev der ce:.:leas :considered- acid" adrriitte'& The PA:believes-the- , "fi — coir pIied with.::al. Ibf tlie::'stanclaids azid.:statutes #o .estabX sh. the .; resntii tion o c p p; ' f Directness. ;The Agent; .states, thaf;.tleir iequest for.:..an 'addi#ional ; obsolescence:factor.sl oiild be considered: " = Both the—PA—:aid #rie A.gent4greed 'that the onl3i issue is,an: additional:.obsolescerice factor (eco»ornic) folie applied tb the:Just'-Valtie. ' With-:r'egar to'.th6:datd'.pr sented, p4ge L 6f.. the PA's"binder.atid"Exliibif B of the...Agent's report;ki ve";differences.-iin the sortie `-of the cost; lives; ani ::%: good used. to calcul.ate;::the.' 'axpayer's estirriate' of -value.'. There" is ;a differerice.ri .iirginl cost stated .on.;tYie Retizri tiid`4'that.stated.;on'Page of,tlie, PA's Evidence;arid Exhibit B of .the Agent's Evidence.?' Tlie I:epreciated Value .is .;used to calculate `t1i� --i' is Requested Value. The: A=gent's :report': discusses depressed"inarket condifions:iri:2.Q, the clositg.of.some of.tYieir:plaittsiri.:XX'aiid X0, arid'inaiicial losse's for 7:years since:20) `The.repbrt:states tY ai:the';value nftfie.TPP°is based, on IS. > ability to-.geixerato income; which is' driveri-1 y ;demand in e:iriazketplace. It then states ...: .