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HomeMy WebLinkAbout07/29/2025 vER L.Butler Ryas � . Clerk of Circuit Court& Comptroller Clerk to the Board and Value Adjustment Board Lox�- 180127th Street Vero Beach,FL 32960 Telephone: (772)226-1432 Fax: (772)978-1857 E-mail: Axia ar,clerk.indi an-river.org Web address: httn://indianriverclerk.com AGENDA VALUE ADJUSTMENT BOARD(VAB)ORGANIZATIONAI::MEETING COUNTY ADiVIINISTRATI:ON BUILDING"A"A2-511 BOARD:MEMBERS Joseph H.Earman,Commissioner,Chairman Joseph E.Flescher,Commissioner,Vice Chairman Jacqueline Rosario,School Board Member Dr.Peggy Jones,Alternate School Board Member Angie Schepers,Business Citizen Member . . Rick Wykoff,Homesteaded Citizen Member, 1. CALL TO ORDER 2. INVOCATION—Commissioner Joseph 11,Earman 3. PLEDGE OF ALLEGIANCE-Commissioner Joseph E.Flescher 4. BOARD MEMBERS:LIST AND VAB.CONTACT INFORMATION A. Introduction of Board Members/Board Clerk B. Board Members list and designated Board Clerk's contact information 1 5. . APPROVE FIRST AMENDMENT TO AGREEMENT BETWEEN THE. INDIAN. RIVER COUNTY VALUE ADJUSTMENT BOARD AND NAPIER & ROLLIN, PLLC.FOR LEGAL SERVICES. A. Memorandum — First Amendment to Agreement between the VAB and Napier & Rollin 2 2025 VAB Organizational Meeting Agenda Page 1 July 29,2025 • B. First Amendment to Agreement 3-6 C. VAB Special Magistrate Rate Survey 7-12 6. APPROVAL OF THE MINUTES A. VAB Final Meeting Minutes of April 29,2025 13-16 7. REVIEW, DISCUSS, AND ADOPT A FILING FEE OF AN AMOUNT NOT TO EXCEED$50 FOR THE 2025 APPEAL CYCLE. A.Memorandum Increased Filing Fee for Petitions 17 B. Survey-Proposed filing fees for the 2025 Tax Year 18 8. APPROVE A RESOLUTION SETTING THE FILING FEE_TO THE:AMOUNT DETERMINED BY THE VALUE ADJUSTMENT BOARD, NOT:TO.EXCEED $50 PER PARCEL FOR THE 2025 PETITION FILING PERIOD, PURSUANT TO FS. 194.013. A. Draft VAB Resolution 2025-1 19-20 9. ' APPOINT ATTORNEY APPLICANT TO SERVE AS A SPECIAL MAGISTRATE FOR EXEMPTION/CLASSIFICATION/TAX DEFERRAL HEARINGS,PURSUANT TO F.S. 194.035 A. James Haynes Davis : 21 .. -41 10. SET THE RATE OF PAY FOR ATTORNEY SPECIAL MAGISTRATES Rate of pay for Attorney Special Magistrates is$125.00 per . . ° 11. DISCUSSION AND APPOINTMENT OF APPRAISER APPLICANTS TO SERVE AS SPECIAL MAGISTRATES FOR REAL PROPERTY VALUATION,PURSUANT TO F.S. 194.035. A. Stephen Boyle - 42 50 B. Terre Peltier ....'..,.....,. 5160. .: C. Robert Busier 61-69 D. Scott Sehr ,,.., 70-81 E. Douglas Lawson «- 82-92 12. SET THE RATE OF PAY FOR APPRAISER SPECIAL MAGISTRATES Rate of pay for Appraiser Special Magistrates is$125.00 per hour. 13. APPOINT : ONE APPRAISER APPLICANT TO :SERVE AS A SPECIAL MAGISTRATE FOR TANGIBLE PERSONAL PROPERTY HEARING AND ONE APPRAISER APPLICANT AS AN ALTERNATE,PURSUANT TO F.S. 194.35. :ill 2025 VAB Organizational Meeting Agenda Page 2 July 29, 2025 .. i A. Pamela Andrea 93-112 B. Alex Ruden 113-139 14. DESIGNATE THE VAB.ATTORNEYS TO MAKE DETERMINATION FOR LATE. FILE GOOD CAUSE REVIEWS AND LATE FILE RESCHEDULE GOOD CAUSE REQUESTS ON BEHALF OF THE FULL BOARD,PURSUANT TO DOR RULE 12D- 9.015(11)(D), 12D-9.019(5),and 12D-9.021(6), and{7). 15. DESIGNATE THE VAB ATTORNEYS . TO . REVIEW ALL: SPECIAL MAGISTRATES' RECOMMENDATIONS FOR LEGAL SUFFICIENCY. 16. DESIGNATE THE VAB ATTORNEYS TO PROVIDE SPECIAL MAGISTRATE ORIENTATION ON HEARING GUIDELINES, EVIDENCE : EXCHANGE, :A REVIEW OF THE FLORIDA ADMINISTRATIVE CODE, AND CURRENT PRACTICES AND PROCEDURES.: : 17. APPROVE THE VAB CHAIRMAN TO REVIEW AND AUTHORIZE PAYMENT OF 2025-2026 VAB INVOICES ON BEHALF OF THE FULL BOARD. 18. OTHER BUSINESS 19. PUBLIC INPUT 20. ADJOURNMENT Anyone who needs a special accommodation for this meeting may contact the County's Americans with Disabilities Act (ADA) Coordinator at (772) 226-1223 at least 48 hours in advance of the meeting. Anyone who needs special accommodation with a hearing aid for this meeting may contact the Board of County Commission.Office at 772-226-1490 at least 24 hours in advance of the meeting. 2025 VAB Organizational Meeting Agenda Page 3 July 29, 2025 Item 4.B. ANDIAPERIVER COUNTY VALUE AD, STML`l ''I' BOARD (VAB) MEMBERS • Commissioner Joseph H.Earth - District 3 (Chairman) Commissioner Joseph E Fleseher-District 2(Vice Chairman) Citizen Business Member Angie Sehepers Citizen Homesteaded Property Owner Member--Rick Wykoff School Board,Member-Jacqueline Rosario, District 2 School Board Member(Alternate)--Dr.Peggy Jones,Dim 3 VAB Attorneys—Michelle Napier, Esti. and Nicholas Bykky,Esti.: ONLINE SERVICES a ONLINE PETITION FILING: Aapialuidatkitilmats EMAIL: A.XIA,ciedk,lMitm4tVor.ottg VAI3 FORMS,RULES,&ADDITIONAL INFORMATION: hiltrlidatittyfori N* - Mitt FLORIDA STATUTES CEAPTER 194.611:. :: CQNTACT INFO1131.41riON. . . Tani Collins-Lister,Supervisor Cly to the Board and V# ' CountyAc ►histrat Building"A" : : . 1(01 27111 Street Vero Beach,FL 32960 072)226-1432 Email: that . . korg .. . . • 1 _ Item 5. A. VALUE ADJUSTMENT BOARD MEMORANDUM To: Members of the Value Adjustment Board Date: July 22, 2025 Subject: First Amendment to Agreement with the Value Adjustment Board& Napier& Rollin, PLLC. From: Terri Collins-Lister, Supervisor Clerk to the Board and VAB An Agreement was made and entered into by and between the Indian River County Value Adjustment Board and Michelle D. Napier, Esq., and Nicholas Bykowsky, Esq., of Napier & Rollin, PLLC, Attorneys At Law, on the 8th day of August 2024. First Amendment to the Agreement amends Article 2: Fees, increasing the rate from $175.00 per hour to $200.00 per hour for her/his services, effective July 29, 2025. ARTICLE 2: FEES The Board shallpayCounsel the rate of$4g-5440$200 per hour for her/his services,$100.00 2.1 per hour for paralegal services and $50.00 per hour for clerical services. 2.2 No travel expenses or travel time shall be paid for routine travel to and from the County Administration Building at 1801 27th Street, Vero Beach, Florida. Normal office supplies consumed in the course of this project will not be reimbursable. Recommendation: Approve First Amendment to Agreement between the VAB and Napier & Rollin, PLLC., increasing the hourly rate from$175.00 per hour to $200.00 per hour. Cc: First Amendment to Agreement between the Indian River County Value Adjustment Board and Napier&Rollin, PLLC. VAB Special Magistrate Rate Survey - 2 - Item 5,B. FIRST AMENDMENT TO AGREEMENT BETWEEN THE INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD and NAPIER& ROLLIN,PLLC FOR LEGAL SERVICES An Agreement was made and entered into by and between the Indian River County Value Adjustment Board, 1801 27th Street, Vero Beach, Florida 32960 (hereinafter referred to as "Board"), and Michelle D. Napier, Esq., and Nicholas Bykowsky, Esq., of Napier & Rollin, PLLC Attorneys At Law, 2066 14th Avenue, Suite 201, Vero Beach, Florida 32960 (hereinafter referred to as "Counsel "), on the 8th day of August 2024. The First Amendment to the Agreement amends Article 2: Fees, increasing the rate from $175.00 per hour to $200.00 per hour for her/his services, is entered into effective as of July 29, 2025, by and between Indian River County Value Adjustment Board and Napier& Rollin, PLLC Attorneys At Law. WITNESSETH: WHEREAS, the Board needs the services of an attorney (and not the County Attorney) as provided by Chapter 194, Florida Statutes, for the purpose of representing the Board, giving legal advice to the Board, attendance at Board meetings, and appeals; and WHEREAS, Counsel desires to provide such services to the Board as an independent contractor, WHEREAS, Counsel confirms they meet the qualifications of Section 194.015 (2024) Fla. Stat. in that she/he is not an elected or appointed official or an employee of Indian River County; she/he is a member of the Florida Bar for more than five years; and she/he shall not represent the Property Appraiser, the Tax Collector, any taxing authority or any property owner in any administrative or judicial review of property taxes during the time she shall serve as Counsel. NOW, THEREFORE, in consideration of the mutual terms and conditions, promises, covenants and payment hereinafter set forth,the Board and Counsel agree as follows: ARTICLE 1: SERVICES 1.1 The above recitals are true and correct and are hereby incorporated into this agreement. 1.2 Counsel shall perform professional services to the Board as outside, independent contract Counsel. The Counsel's services shall include,but not be limited to the following: a. Attending all meetings of the Board pursuant to Chapter 194, Florida Statutes; b. Providing prompt professional legal advice to the Board including, but not limited to research legal issues and prepare such opinions, memoranda and reports as requested by the Board or the administrative support staff of the Board; 1 -3 - c. Counsel to the Board will advise Board members, Board staff and at times, special magistrates on the interpretation and application of relevant statutes, regulations and policies, including Chapters 193 through 196. 1.3 Counsel shall be responsible for complying with all federal, state, and local rules, regulations, statutes, laws, or ordinances regarding payment for services under this Agreement and any reporting requirements thereunder. Counsel agrees that she/he will not display or distribute business cards or otherwise advertise for business while serving as Counsel for the Board. 1.4 During any hours Counsel provides services to the Board, Counsel shall devote her/his full time and effort to the services being performed for the Board. Counsel shall truthfully and accurately maintain all records and make such reports as the Board may require. Counsel shall comply with all requirements of Chapter 119 F.S.with all Board matters. 1.5 Should Counsel find that there may be the potential for a conflict of interest,the Counsel shall notify the Board and/or the Clerk to the Board in a timely manner. ARTICLE 2: FEES 2.1 The Board shall pay Counsel the rate of$200 per hour for her/his services, $100.00 per hour for paralegal services and$50.00 per hour for clerical services. 2.2 No travel expenses or travel time shall be paid for routine travel to and from the County Administration Building at 1801 27th Street, Vero Beach, Florida. Normal office supplies consumed in the course of this project will not be reimbursable. ARTICLE 3: TERM OF SERVICE 3.1 The term of this Agreement shall begin on August 8, 2024 and shall continue for a period of three years, terminating on August 9, 2027. If agreed upon by both the Board and Counsel, this agreement may be extended for an additional two-year period upon giving written notice to Counsel no less than sixty (60)days prior to the original expiration date. Counsel shall notify the Clerk to the Board of any scheduling conflicts so that they may be resolved in a timely manner. It is intended by both parties that Counsel's pay rate is to be negotiable annually, regardless of the contract term. 3.2 This Agreement may be terminated by the Board,with or without cause,by written notice to Counsel of the intent to terminate. Such termination shall be effective immediately upon receipt of such written notice of intent to terminate. Counsel may terminate with or without cause,upon 30 days written notice,to enable the Board to retain replacement Counsel. 3.3 In the event of termination, Counsel shall be entitled to compensation for services rendered and costs incurred through the effective date of termination. All finished or unfinished documents prepared by Counsel shall become the property of the Board and shall be delivered by Counsel to the Clerk to the Board immediately upon the effective date of termination. 24- ARTICLE 4: METHOD OF BILLING AND PAYMENT 4.1 Counsel shall submit billings for payment of services actually rendered on a monthly basis to the Clerk of the Board for processing. Billings shall provide the nature of the services performed and shall include a summary of any amounts previously billed and any credits for amounts previously paid. 4.2 Counsel acknowledges that each billing must be reviewed and approved by the Clerk of the Board or its designee. Should the Clerk of the Board or its designee determine that the billing is not commensurate with services performed, work accomplished or hours expended, Counsel shall adjust billing accordingly. However, Counsel shall be entitled to payment of any portion of a billing not in dispute. 4.3 The Board shall pay Counsel's billings in accordance with Section 218.70 through 218.79,Florida Statues,the Local Government Prompt Payment Act. ARTICLE 5: STANDARDS AND CORRECTIONS 5.1 Counsel shall perform or furnish to the Board her/his professional services in accordance with the generally accepted standards of Counsel's services and with any laws, statutes, ordinances, codes,policies,rules and regulations governing Counsel's services hereunder. 5.2 Counsel shall,without additional compensation, correct and revise any errors, omissions, or other deficiencies in her/his work product, services, or materials arising from the negligent act, error or omission of Counsel. The foregoing shall be construed as an independent duty to correct rather than waiver of the Board's rights under any applicable statute of limitations. The review of, approval of, or payment for any of Counsel's work product,services,or materials shall not be construed to operate as a waiver of any of the Board's rights under this Agreement. ARTICLE 6: NO CONTINGENT FEES 6.1 Counsel certifies that she/he has not employed or retained any company or person, other than a bona fide employee working solely for Counsel, to solicit or secure this Agreement and that she has not paid or agreed to pay any person,company,corporation,individual or firm,other than a bona fide employee working solely for Counsel, any fee, commission,percentage, gift or other consideration contingent upon or resulting from the award or making of this Agreement. For the breach or violation of this provision, the Board shall have the right to terminate the Agreement without liability at its discretion, to deduct from the contract price, or otherwise recover,the full amount of such fee,commission,percentage,gift or consideration. ARTICLE 7: NO ASSIGNMENT 7.1 This Agreement, or any interest herein, shall not be assigned, transferred or otherwise encumbered,under any circumstances by Counsel without the prior written consent of the Board. Further, no portion of this Agreement may be performed by subcontractors or subconsultants without written notice to and approval of such action by the Board. 3 -5- ARTICLE 8: SEVERABILITY AND WAIVER 8.1 In the event any provision of this Agreement shall be held invalid and unenforceable,the remaining provisions shall be valid and binding upon the parties. One or more waivers by either party of any breach of any provision, term, condition or covenant shall not be construed by the other party as a waiver of any subsequent breach. ARTICLE 9: GOVERNING AND LAW VENUE 9.1 This Agreement shall be governed and construed in accordance with Florida law. 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O a) O C •C: - 12 - Item 6A. Ryan L.Butler Clerk of Circuit Court& Comptroller "iv*Clerk to the Board and Value Adjustment Board180127th Street Vero Beach,FL 32960 TTelephone: (772)226-1916 el Fax: (772 • . )978-1857 E-mail: Axia@clerk.indian-river.org Web address: http:Hind lanrive rclerk.coin VALUE ADJUSTMENT BOARD(VAB)FINAL MEETING MINUTES . . . The Value Adjustment Board(VAB)of Indian River County,Florida,met on Tuesday,April 29,2025,at 1:30 p.m.,in the County Administration Building,1801 276 Street,Building"A", Room A2-511, Vero Beach, Florida. Board Members Chairman Joseph_H.Earman, Vice Chairman Joseph E.Flescher,School Board Member Jacqueline Rosario,Citizen Members Angie``Schepers,and Rick Wykoff were present. Also present were VAB Attorney Nicholas: Bykowsky Ryan Butler, Clerk of_the Circuit Court&Comptroller,and VAB Clerks Terri Collins-Lister and Jacqui Rizzo. Present from the Property Appraiser's Office(PAO)were Falisha Carter,Jenny Wingate,Ryan McIver, Billy Auton,Austin Boller, and Alisa Barkett;Linda Bailey Downey,Taxpayer for Petition 2024-157; and Students from Indian River Charter High School: 1. CALL TO ORDER Chairman Joseph H. Earman called the meeting to order. 2. INVOCATION-Chairman Joseph H.Earman Chairman Joseph H.Earman delivered the Invocation. 3. PLEDGE OF ALLEGIANCE—Vice Chairman Joseph E.:Flescher= Vice Chairman Joseph E. Flescher led the Pledge of Allegiance to the Flag. 4. INTRODUCTION Introductions were made individua all; esent. lh'by. . ..pr Value Adjustment Board Final Meeting Minutes—2024 Tax Year Page 1 April 29,2025 -13- Item 6.A. 5. APPROVAL OF MINUTES A. VAB Organizational Meeting of August 8,2024 ON MOTION by Vice Chairman Flescher, SECONDED by Citizen Member Wykoff,the Board,by a 5-0 vote, approved the Value Adjustment Board Organizational Meeting Minutes of August 8,2024, as presented. 6. FLORIDA DEPARTMENT OF REVENUE ADVISORY OPINION ON THE ELECTION OF CHAIRMAN TO THE VALUE ADJUSTMENT BOARD (INFORMATIONAL ONLY) VAB Clerk Terri Collins-Lister gave an overview of the Florida Department of Revenue opinion interpreting Florida Statute 194.015 to require the Board of County Commissioners to elect a Chair of the VAB instead of the VAB Membership. 7. 2024 VAB Recap VAB Clerk Terri Collins-Lister provided a recap of the 2024 VAB Tax Year and a comparison to the previous tax years. 8. APPROVE AND ADOPT THE SPECIAL MAGISTRATES' RECOMMENDATIONS AS THE VALUE ADJUSTMENT BOARD'S DECISION AND AUTHORIZE DISTRIBUTION OF FORM DR485V, PURSUANT TO SECTION 194.032,F.S. A. 2024 Special Magistrates' Recommendations 1. Special Magistrates' Decision Summaries VAB Clerk Terri Collins-Lister presented the 2024 Special Magistrates' Recommendations.Attorney Bykowsky confirmed that he had carefully reviewed each recommendation for legal sufficiency. Attorney Bykowsky spoke about some observations in reviewing the recommendations,noting that the VAB had an All-Star cast of Special Magistrates and paid compliments to the Property Appraiser's Office for their work,stating that they are often at a disadvantage in accessing information compared to paid agents. Petitioner Linda Bailey Downey also complimented the staff,stating that everyone was easy to work with and she appreciated the efforts made to review her property. Value Adjustment Board Final Meeting Minutes—2024 Tax Year Page 2 April 29,2025 - 14 - Item 6.A. ON MOTION by Vice Chairman Flescher, SECONDED by School Board Member Rosario,the Board,by a 5-0 vote, adopted the Special Magistrate Recommendations for the 2024 Tax Year. 9. AUTHORIZE AND APPROVE THE CHAIRMAN TO EXECUTE THE FOLLOWING FORMS PURSUANT TO F.S. 193.122 A. Tax Impact Notice DR-529 for Tax Year 2024 ON MOTION by Vice Chairman Flescher, SECONDED by School Board Member Rosario,the Board, by a 5-0 vote, approved and authorized the Chairman to execute the Tax Impact Notice Form DR-529 for Tax Year 2024 for publication. B. Certification Form DR-488 Real Property ON MOTION by Vice Chairman Flescher, SECONDED by Chairman Earman,the Board,by a 5-0 vote, approved and authorized the Chairman to execute the Certification Form DR-488 for Real Property. C. Certification Form DR-488 Tangible Personal Property ON MOTION by Vice Chairman Flescher, SECONDED by Citizen Member Schepers,the Board,by a 5-0 vote, approved and authorized the Chairman to execute the Certification Form DR-488 for Tangible Personal Property. 10. AUTHORIZE THE VALUE ADJUSTMENT BOARD CLERK TO SOLICIT FOR SPECIAL MAGISTRATES IN THE CAPACITY OF ATTORNEY, TANGIBLE, AND APPRAISER FOR THE 2025 VAB HEARINGS. ON MOTION by Vice Chairman Flescher,SECONDED by Citizen Member Wykoff, the Board, by a 5-0 vote, authorized the Value Adjustment Board Clerk to solicit Attorney, Tangible, and Appraiser Special Magistrates for the 2025 Tax Year Hearings. 11. PUBLIC COMMENT Petitioner Linda Bailey Downey inquired about obtaining a copy of the depreciation schedule used to depreciate the value of improvements for appraisal purposes. Her concern was that she was looking at a 70-year-old house where the depreciation had stopped,and the cost it would take to bring it up to standard,given the increase in building costs. 12. OTHER BUSINESS There was none. Value Adjustment Board Final Meeting Minutes—2024 Tax Year Page 3 April 29,2025 - 15 - . Item 6.A. 13. ADJOURNMENT There being no further business,the meeting adjourned at 12;01 p.m.. .:° . . . . • Value Adjustment Board Final Meeting Minutes—2024 Tax Year Page 4 April 29,2.025 .. . • - 16 - Item 7.A. VALUE ADJUSTMENT BOARD MEMORANDUM To: Members of the Value Adjustment Board Date: July 22, 2025 Subject: Increased Filing Fee for Petitions Filed with the Value Adjustment Board From: Terri Collins-Lister, Supervisor Clerk to the Board and VAB Effective July 1, 2025, Section 8 of House Bill 7031 amends Section 194.013, Florida Statutes,to increase the maximum filing fee that a Value Adjustment Board (VAB) may impose to file a petition with the VAB from $15 to $50 per parcel The filing fee cannot exceed $50 for each separate parcel of property, real or personal, covered in the VAB petition and subject to appeal. No filing fee may be required with respect to an appeal from the disapproval of homestead exemption under s. 196.151 or from the denial of tax deferral under s. 197.2425. For joint petitions filed pursuant to s. 194.011 (3)(e), (f), or (g), a single file shall be charged and thereafter parcels similar in nature shall not exceed $5 per parcel for real property or tangible property account. RECOMMENDATION: Request that the Value Adjustment Board review the survey on the proposed filing fees from other counties,discuss,and adopt a filing fee of an amount not to exceed $50 for the 2025 Appeal Cycle. - 17- 2025 VAB Filing Fees Item 7.B. County VAB Filing Fee Exceptions Alachua County Organizational meeting has not been scheduled yet Bay County $ i C an tionalime ngnottlt-sti mbert ent ley lr i� f e Brevard County Organizational meeting scheduled 8/15 Sroward County " : $7.5 Citrus County $50 Clay County $25 to$ */$5C*Organizational meeting are conEsid t pet foljoitelegOilit#16110(fitifig.,000101911141 Collier County S50 *Filing Fee for Portability '','�ik1 t't r Iltl'�z�,�a'.�^r g I i�'% DuvalCornty $50 nizat nalme tIni �.willtoa (ln ,� Ila # , Escambia County $50* *they plan to take a Resolution to VAB next month asking to Increase to$50 Flagler CouatyIMMINMEITMA Hernando County $50 *for portability denials as directed by statute/will be voted on 8/7 Highlands County, X15 Waiting fbr the VABClerkt ices iii ; ;, . 11h it,: Hillsborough County $15 Organizational meeting 8/26 will adopt new filing fee at that time Lake County $50* *except ose a d tute at '1 'by u to , 4";i' REENEEDEshimil Lee County $50 Nothing has been approved but are moving in the direction of$50 filing fee LeonCbpnty !$50 'On the table,how rerIt`s of final.! I,1aa} I'1i ' ,..: n' i"lik i iii Manatee County *Organizational meeting 8/22 requesting$50 but willing to accept$30 Marion Countyg 9Clilti 6 i i`1h Organiintl�►ll#4tiri ���ftd' ��dd �' ii Martin County They will address their Filing Fee at their Organizational meeting Miami-Dade C unry _ = = t o trtirOMMRgfigglitngt Monroe County $50 i�iN - {E assau-Cou 1 3'*"' I I jlllf . . _ - x II 'j.!ti� l.. , 71tliiA 'F� h .. _ �wr:. Okaloosa County $15 Okeechobee County $15. t. _ T"'i°j i •.� it i rIi�:F91 DIY � Osceola County Palrfi tech County Not dei=i ed yet,Organizatiotialime Othed#led 8/1S.,, I, '" teg',°. Pasco County Not sure Organizational meeting 8/22 Folk County Decision will lie ri ade at, nal eting in October s,}•1. ::1:1 Sarasota County $50 Or�iizational Meeting i 2�1��1dering. 'Filing �.,�, I�E, _�. . arta�asa_Coi�nty t, F • , St.Johns County $50 3 Oel utthe i Ion 8 ,att iltiA rr MWOOg ; :: St ltrcle Oounty $�l`i- la cur nitYx ' Sumter County $50* *except those waived by statute or specifically set at$15 by statute Walton County $50 .Organzatlonalti ,g Is 19tAillptim4a8� tsr T T , ra 4 - - 18 - Item 8.A. INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD -yR RESOLUTION 2025- 1 .: WHEREAS, Chapter 194, Florida Statutes,:Section 194.013,: allows the Value Adjustment Board, hereafter"VAB",to adopt a Resolution imposing a filing fee not to exceed $50 for each separate parcel of property,real or personal,covered by a petition and subject to appeal NOW, THEREFORE, BE IT RESOLVED BY THE 2024 INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD THAT: 1. There is hereby authorized,established,and imposed a fling fee upon each separate parcel of property covered by petitions filed pursuant to Section 194.011,Florida Statutes. 2. The filing fee shall be $ 1,1575Qjfor each separate, non-contiguous parcel of property, real or personal,covered by a petition filed pursuant to Section 194.011,Florida Statutes,and subject to appeal. An owner of contiguous,undeveloped parcels may file with the VAB,a single-joint petition if the Property Appraiser determines such parcels are substantially similar in nature. A condominium association, cooperative association, or any homeowners' association as'. . . defined in Section 723.075, Florida Statutes, with approval of its.board ofadministration or directors,may file with the VAB,a single_joint petition on behalf of any association members who own parcels of property which the Property Appraiser determines are substantially similar with respect to location, proximity to amenities,number of rooms, living area and condition. For J single='oint petitions,a filing fee of$(15-5A1 for the petition,plus a cost of$5.00 for each parcel included in the petition,will be imposed. 3. All filing fees shall be paid to the Clerk of the VAB at the time of filing, Any petition not accompanied by the required filing fee will be deemed incomplete. The Clerk shall notify the petitioner and allow the petitioner to complete thetition within 10 calendar s. If the pe' days. petitioner does not satisfy the paymentrequirement at the time, the petition will be deemed incomplete and will not be scheduled for a hearing. 4. Upon the acceptance and filing of a petition by the VAB Clerk, the accompanying filing fee shall be non-refundable,except when an excessive filing fee has been collected due to an error by the VAB Clerk or through the electronic filing system. Overpayments in excess:of Ten and No/100 ($10.00) due to miscalculation on the part of the petitioner or petitioner's agent shall be refunded. The VAB Clerk shall develop and utilize a standard procedure for issuing required refunds.. 5. Any petition filed after the statutory deadline for petition filing,.:as set forth in Section 194.011(3), Florida Statutes, may reviewed to determine:whether the petitioner has demonstrated a good cause justifying the late filing:: Fee payments filed with late-filed petitions are non-refundable, 1 - 19- Item 8.A. *tAv3171c°%,:*) INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD 6. No filing fee will be required by a taxpayer who demonstrates at the time of filing: a. they are receiving assistance under Chapter 414,Florida Statutes b. disapproval of a timely filed application for homestead exemption under Section 196:151, Florida Statutes c. disapproval of homestead tax deferral under Section 197.2425,Florida Statutes DONE AND RESOLVED by the Value Adjustment Board of Indian River County, Florida in regular session this 29th day of July,2025. ATTEST: Ryan L.Butler, Joseph H.Earman,Chairman Clerk of Circuit Court and Comptroller Indian River Value Adjustment Board BY: Approved:July 29,2025 Deputy Clerk 2 `�0- SPECIAL MAGISTRATE APPLICATION • 1 INDIAN:RIVER COUNTY VALUE ADJUSTMENT BOARD (APPLICANTS MUST MEET QUALIFICATIONS OUTLINED TN FLA.STAT.S 194,035) Please type or print. If more space is needed,attach additional sheets. Applicants may supplement their application with a resume. However,a resume cannot be used in lieu of an application. Application for: Attorney Special Magistrate 0 Appraiser Special Magistrate for.., 0 Real Property and/or 0 Tangible Personal Property If appointed,how much time would you be available to conduct hearings and complete your recommendations? 0 1 to 8 hours per week;❑9 to 20 hours per week;0 21 to 30 hours per week;0 3 to 40 hours per week. APPLICANT INFORMATION Name: JOSEPH HAYNES DAVIS,ESQUIRE Home Address: 8421 SHADY GLEN DRIVE ORLANDO FLORIDA 32819 Mailing Address: 2750 TAYLOR AVENUE#8207 ORLANDO FLORIDA 32806 Business Name: LAW OFFICES OF JOSEPH HAYNES DAVIS PA • Business Address: 2750 TAYLOR AVENUE#B207 ORLANDO FLORIDA 32806 Phone: Home/ Business! 407 839 3725 Cell/ 407 616 6961 Fax: 407 839 4708 E Mail: loseph.davisc lhdlaw:com I)OC111MENTATION REQUIRED) I erificatiozz of qualifications rvill be mode prior to consideration of thic application,pursuant to I'S 194.035. • Copy of license referenced below. • Documentation to support membership in professional organizations listed below under Organizations. • A writing sample, which may consist of an opinion letter or other business-related documentation that contains one or more written pages of original material. If you have served as a special magistrate • previously,please submit a recommended decision as your sample. Do not submit a copy of an appraisal as a writing sample. • Prior to conducting hearings,all applicants are required under Fla.Stat.§ 194.035 to certify completion of the current year training provided by the Department of Revenue. To obtain the training,go online to the Department's website at http://dor.myfo.rida.corn/dor!property/vabitttlin.in);.,htznl. Return your completion certificate to the VAB clerk. LICE NS U RE/EXPERIENCE Attorney Magistrate Applicant: Bar Number: o45eo58 Date of Admission: 1/23/2001since 2008 How many years of experience do you have in the area of ad valorem taxation: Appraiser Magistrate Applicant: Residential Appraiser License#: Valid Through: General Appraiser License#: Valid Through: Provide number of years of experience you have in the area of real property valuation: ala Describe experience,and number of years you have in the area of tangible property valuation: nia Page 1 v01/13/201.5 -21 - SPECIAL MAGISTRATE APPLICATION `_ INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD (APPLICANTS MUST MEET QUALIFICATIONS OUTLINED IN FLA.STAT.ti 194.035) QUAIL FICATIONS/EXPERIENCE 1. Educational Background SEE ATTACHED RESUME:ILLINOIS STATE UNIVERSITY,B.S.;UNIVERSTIY OF PENNSYLVANIA,MSW;RUTGERS LAW-CAMDEN JURIS DOCTOR 2. List any experience and/or specialty for the following property types: PROPERTY TYPE EXPERIENCE/SPECIALTY Residential Real Property CLOSINGS SINCE 2001 Commercial Real Property CLOSINGS SINCE 2001 - Tangible Property BANKRUPTCY ATTORNEY SINCE 2001 _Other(please specify) 3. If you currently or previously have served as a special magistrate,please provide the municipality or county and dates served. SEE ATTACHED 4. Have you ever been dismissed,terminated or denied appointment as a special magistrate for poor or improper performance? El No 0 Yes(please explain) 5. List any additional information which makes you qualified to serve as a special magistrate. Also provide name and contact information of at least two individuals who can attest to your years of experience in ad valoretn. taxation,tangible personal property or real property appraisals. SEE ATTACHED 6. Are you willing to accept the Value Adjustment Board established schedule of fees?0 Yes 0 No If no,please indicate your schedule of fees to be charged the board on a one-hour basis. 7. Explain your level of knowledge and experience with computers and list the applications you are familiar with, including Axia. ARIA SINCE 2008. SEE ATTACHED:HILLSBOROUGH,ORANGE,INDIAN RIVER,BREVARD,PALM BEACH,OSCEOLA. ORGANIZATIONS 1. List each organization, recognized by the real estate appraisal industry or the professionals in that field, in which you are currently or have previously been a designated member: ORGANIZATION DESIGNATION DATE MEMBER# N/A 2. Of those organizations describe any possible conflict of interest that could occur or the appearance of a conflict of interest that may prevent you from fairly conducting a hearing: N/A Page 2 v01/13/2015 -2 2 - ptvErt SPECIAL MAGISTRATE APPLICATION ,• . > INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD (APPLICANTS MUST MEET QUALIFICATIONS OUTLINED IN NLA.STAT.&194.035) 3. Have you ever been disbarred, suspended or received any other disciplinary action from any organized association,or from.the State of Florida? 0 No ❑Yes(please explain) 4. List any personal or business relationship you have ever had with any officer or employee of the office of the property appraiser,office of the clerk of the circuit court,office of the county attorney or the value adjustment board of any of the counties to which you are applying: NONE 5. List any clubs,organizations,associations,or other entities to which you belong or participate in and in which a possible conflict of interest could occur or the appearance of a conflict of interest might arise that would prevent you from fairly conducting the hearing between the property appraiser and the property owner and taxpayer. NONE CERTIFICATION Pursuant to Fla. Stat. § 194.035,a person cannot serve as a special magistrate if be/she is an elected or appointed official of a county,a taxing jurisdiction,or the state;is an employee of a county,a taxing jurisdiction, or the state; or in the same tax year that he/she services the Board as a special magistrate,represents a party before the Board in any administrative review of property taxes. Are you an elected or appointed official or employee of a county,a taxing jurisdiction,or the state?0 Yes®No If yes,please provide details: The undersigned certifies, under penalty of disqualification from consideration, that each item contained in this application, or an,other document furnished by or on behalf'of the applicant is true and complete as of the date it bears. . ' ndersign•. authorize the Value Adjustment Board to obtain information frons other sources to verify each it n:containe, ,. a un ersigned acknowledges that, if selected,he/she will follow all requirements and mand.es ofin fidfi.ili,_ ' dull,s of special magistrate. , , Date: 5/1/2025 Sig1Sature of App OSEPH HAYNE' DAVIS, ESQUIRE tinted Name of . •plicant Page 3 v01/13/2015 -23 - 1 Form ■1•-9 Request for Taxpayer Give form to the W � (Rev.March 2024) Identification Number and Certification requester.send to the Do Sot Department of the Treasury Go to www.irs.gov/FormW9 for instructions and the latest Information, Internal Revenue Service I Before you begin.For guidance related to the purpose of Form W-9,see Purpose of Form,below. 1 Name of entity/individual.An entry is required.(For a sole proprietor or disregarded entity,enter the owner's name on line 1,and enter the business/disregarded entity's name on line 2.) LAW OFFICES OF JOSEPH HAYNES DAVIS PA 2 Business name/disregarded entity name,if different from above. M 32 Check the appropriate box for federal tax classification of the entity/individual whose name is entered on line 1.Check 4 Exemptions(codes apply only to c only one of the following seven boxes. certain entities,not Individuals; tu asee instructions on page 3): c ❑ Individual/sole proprietor ❑ C corporation ❑✓ S corporation ❑ Partnership ❑ Trust/estate oExempt payee code(if any) ❑ LLC.Enter the tax classification(C=C corporation,S=S corporation,P=Partnership) . , o.o Note:Check the"LLC"box above and,In the entry space,enter the appropriate code(C,S,or P)for the tax U classification of the LLC,unless it is a disregarded entity.A disregarded entity should instead check the appropriate Exemption from Foreign Account Tax a box for the tax classification of its owner. Compliance Act(FATCA)reporting 1 eS ❑ Other(see instructions) code(if any) rl 74`- 3b If on line 3a you checked"Partnership"or"Trust/estate,"or checked"LLC"and entered"P"as its tax classification, (Applies to accounts maintained w and you are providing this form to a partnership,trust,or estate In which you have an ownership interest,check ❑ outside the United States.) Q• this box if you have any foreign partners,owners,or beneficiaries.See instructions 5 5 Address(number,street,and apt.or suite no.).See Instructions. Requester's name and address(optional) cn 2750 TAYLOR AVENUE#6207 8 City,state,and ZIP code ORLANDO FLORIDA 32806 7 List account number(s)here(optional) Part I Taxpayer Identification Number(TIN) Enter your TIN In the appropriate box.The TIN provided must match the name given on line 1 to avoid Social security number backup withholding.For individuals,this is generally your social security number(SSN).However,for a — resident alien,sole proprietor,or disregarded entity,see the instructions for Part I,later.For other entities,it is your employer identification number(EIN).If you do not have a number,see How to get a or TIN,later. I Employer Identification number l Note:If the account is in more than one name,see the instructions for line 1.See also What Name and 5 9 — 3 6 9 5 2 9 9 Number To Give the Requester for guidelines on whose number to enter. Part H Certification Under penalties of perjury,I certify that: 1.The number shown on this form Is my correct taxpayer Identification number(or I am waiting for a number to be issued to me);and 2.I am not subject to backup withholding because(a)1 am exempt from backup withholding,or(b)I have not been notified by the Internal Revenue Service(IRS)that I am subject to backup withholding as a result of a failure to report all Interest or dividends,or(c)the IRS has notified me that I am no longer subject to backup withholding;and 3.I am a U.S.citizen or other U.S,person(defined below);and 4.The FATCA code(s)entered,orrths form(if any)indicating that I am exempt from FATCA reporting Is correct. Certification instructions.Y.ou must ross out item 2 above if you have been notified by the IRS that you are currently subject to backup withholding because you have failed to report all interest and dividends on your tax retum.For real estate transactions,item 2 does not apply.For mortgage interest paid, acquisition or abandonment of secured property,cancellation of debt,contributions to an individual retirement arrangement(IRA),and,generally,payments other than interest and dividends,you erenpt required to sign the certification,but you must provide your correct N.See the instructions for Part II,later. Sign Signature oft Date (./ 1-0�-- Here U.S.person ,✓'A 1 General Inst dos New line 3b has been addh to this form.A flow-through entity is required to complete this line to indicate that it has direct or indirect Section references are to the Internal Revenue Code unless otherwise foreign partners,owners,or beneficiaries when it provides the Form W-9 noted. to another flow-through entity in which it has an ownership interest.This change Is intended to provide a flow-through entity with information FuturereatetodForm W-9 and Forthe ruc ions,t such information about ion enactednpmets regarding the status of its indirect foreign partners,owners,or after they y wereorm bl its instructions,such o legislation beneficiaries,so that it can satisfy any applicable reporting after published,go to tvww.irs.gov/FormW9. requirements,For example,a partnership that has any indirect foreign What's New partners may be required to complete Schedules K-2 and K-3.See the Partnership Instructions for Schedules K-2 and K-3(Form 1065). Line 3a has been modified to clarify how a disregarded entity completes this line.An LLC that is a disregarded entity should check the Purpose of Form appropriate box for the tax classification of its owner.Otherwise,it should check the"LW"box and enter its appropriate tax classification. An individual or entity(Form W-9 requester)who is required to file an Information return with the IRS is giving you this form because they Cat No.10231X Form W-9(Rev.3-2024) -24- DR-485XC DECISION OF THE VALUE ADJUSTMENT BOARD R. 11o5 Rule i2D'16002 :v EXEMPTION, CLASSIFICATION, ASSESSMENT DIFFERENCE F.A.C.TRANSFER, CHANGE{�FCDNNERSH!P {]F� {�C)NTR{�L. se11 k��U� OR QUALIFYING IMPROVEMENT PETITION FLORIDA _ _____ The actions below were taken on your petition in NASSAU County. I C'll These actions are a recommendation only, not final. ID These actions are a final decision of the VAB. 1 If you are not satisfied after you are notified of the final decision of the VAB,you have the right to file a lawsuit in circuit court to further contest your assessment. (See sections 193.155(8 1,194.036,194.171(2),194.181,196.151,and 197.2425,Florida Statutesj_ Petition#2024-003 Parcel ID 13-2N-26-1832-0101-0000 Petitioner name Sherman Allen Greenup Property 65OB9EdoevvmterDrNaYU|eeFl The petitioner h [� � �x�y ,of�um [�d representativeaddress 0 - other, explain: — - _ - - Decision Summary El Denied your petition El Granted your petition 0 Granted your--petition in part -- — LiO�� 1 �nd4UDU�� �� ��[Bok�ed Value from vwm� w�/c«� o»aro*coon Value after ~�- T�|� Notice appraiser Board Action Rule 12D-9.82510),F�.C._ 1. Just value, required _$285.281 $285,281 $285,281 value,*2. Assessed nrclassified use � , -------- $285,281 $285,281 �2G5281 m"^|�mb1e . - ' _-_ - � 3. Exempt value,*enter"0" if none _ $0 $0 ` _ - 4. Taxable value,* required $285.281 _ _ $285,281 $285,281--' °AUv�u9aeD�re1oh0�dbeouun�1aK�b�vB�8G.SChg�8Dd�h8[�X���u�nh�V8�eS may differ. 1 F�S] Reason �rPeddon -- - --- -- Homestead Vdow/er Blind � TotaUyondp�rm ently d isebd veteranCI Low-income senior 0 Disabled FDisabled veteran 0 Use classification, -- / 0Pmnant/geandpon»nt assessment reduction El Deployed military 0 Use exemption, specify CI Transfer of homestead assessment difference 0 Qualifying improvement El Change of ownership or control 0 Other, specify __ _ Reasons for Decision - Findings of Fact -- '- - PETITION: 2024'003 10/16/2024 NASSAU COUNTY FLORIDA VALUE ADJUSTMENT BOARD HEARING 1:15 pm THE PETITIONER APPEARED: Sherman Allen Greenup 65889 Edgewater Drive Yulee Florida 32097 THE NASSAU COUNTY PROPERTY APPRAISER APPEARED: Kevin Lilly, Veronica Jarman, Kaitlyn Holten No objections to the oath given to the parties. Values were read into the record: MKT-285.281; ASSESSED-285.281; TAX-285.281; NOEXEMPTIONS Denial of Homestead and denial of widow's exemption. PROPERTY APPRAISER: Mailed the evidence exchange letter 9/25/2024. NO OBJECTIONS: Property Appraiser's evidence#1. PETITIONER EVIDENCE: Late evidence exhibit E page 10 from Property Appraiser's Evidence, Petitioner provided evidence of the military leave and earning statements. ~ RELEVANT STATUTES STATUTE: 196.031 Exemption of homesteads.— (1)(a) A person who, on January 1, has the legal title or beneficial title in equity to real property in this state and who in good faith makes the property his or her permanent residence or the permanent residence of another or others legally or naturally dependent upon him or her, is entitled to an exemption from all taxation, except for assessments for special benefits, up to the assessed valuation of$25,000 on the residence and contiguous real property, as defined in s. 6, Art. VII of the State Constitution. Such title may be held by the entireties, jointly, or in common with others, arid the exemption may be apportioned among such of the owners | a�Teaidathereon, astheir nmapecUveinterests appeec / -25 - STATUTE 196.015 196.015 Permanent cy; factual determination establish permanent residence in this state is a factual determination to be made, in the first instance, by the property appraiser. Although any one factor is not conclusive of the establishment or nonestablishment of permanent residence, the following are relevant factors that may be considered by the property appraiser in making his or her determination as to the intent of a person claiming a homestead exemption to establish a permanent residence in this state: (1) A formal declaration of domicile by the applicant recorded in the public records of the county in which the exemption is being sought. (2) Evidence of the location where the applicant's dependent children are registered for school. (3) The place of employment of the applicant. (4) The previous permanent residency by the applicant in a state other than Florida or in another country and the date non-Florida residency was terminated. (5) Proof of voter registration in this state with the voter information card address of the applicant, or other official correspondence from the supervisor of elections providing proof of voter registration, matching the address of the physical location where the exemption is being sought. A valid Florida driver license issued under s. 322.18 or a valid Florida identification card issued under s. ' 322.051 and ividence of relinquishment of driver licenses from any other states. (7) |�nu�Do� ofGF|orid� |iceD�a[e�oDanyrno�orvmhiC|m�V«D�dbVthaGpp||��OL ) (8) The address as listed on federal income tax returns filed by the applicant. (9) The location where the applicant's bank statements and checking accounts are registered. (10) Proof of payment for utilities at the property for which permanent residency is being claimed. FINDINGS OF FACT FOR THE PROPERTY APPRAISER: Veronica Jarman testified. Testified that the issue via the Florida Statute 196.031 in the instant matter is one of the subsection (1) (a) and the "A person who, on January 1, has the legal title or beneficial title in equity to real property in this state and who in good faith makes the property his or her permanent residence or the permanent residence" clause of the statute as the basis for the denial by the Property [)ff|oe |Dthe instant n1a� Testified Te� �edthat the ''Pornlanentresidency; factual determination' byproperty appraiser"from Florida Statute 108.O15was also a basis for the denial by the Property Appraiser in the instant matter, in particular, the subsection (6) and the"A valid Florida driver license issued under s. 322.18 or a valid Florida identification card issued under s. 322.051 and evidence of relinquishment of driver licenses from any other states1' language that the Property Appraiser's Office argued that the Petitioner's evidence did not comport with the meaning of the statute and the aforementioned subsections. Testified that the instant matter is one of new home construction and that the instant matter is one of a new ' application fr the homestead relief that the Petitioner seeks. Testified that the application was filed on12/7/2023. Testified that the Petitioner is active military and here in the state on orders. Testified that the Petitioner still has a Texas driver's license and that the Petitioner has not applied for a Florida driver's license. Testified that the Texas driver's license is for a Texas resident benefit (exhibit E in the Property Appraiser evidence package.) Testified that the issue for the Property Appraiser is the Petitioner keeping the Texas driver's license for a residential benefit and by doing so the benefit makes the Petitioner a Texas resident. Testified that the aforementioned does not comport with subsection (4) and the "previous permanent residency by the applicant in a state other than Florida or in another country and the date non-Florida residency was terminated" language of Florida Statute 196.015 nor does it comport with subsection (6) and the "A valid Florida driver license issued under s. 322.18 or a valid Florida identification card issued under s. 322.051 and evidence of relinquishment of driver licenses from any other states" language of Florida Statute 198.015. Testified that the Texas driver's license has a "permit basis"for the state of Texas for the Petitioner to hunt and fish at no cost. PROPERTY APPRAISER'S EVIDENCE was re|evant, admissible and credible. -26 - FOR THE PETITIONER: Sherman Allen Greenup testified, Testified that the Petitioner has a Texas license for hunting and fishing. Testified that the license for Texas shows where the Petitioner joined the Navy. Testified that the Petitioner pays no taxes to the state of Texas. Testified that the Petitioner owns no property in Texas. Testified that the Texas driver's license has the Petitioner's brother's address on it. Testified that as per Florida Statute 196.015, the driver's license issue is the sole issue that the Property Appraiser is using for the issue of the non-establishment of residency. Testified that the issue for the Petitioner is the"Although any one factor is not conclusive of the establishment or nonestablishment of permanent residence" language of Florida Statute 196.015 is relevant for the instant matter and should be interpreted in the Petitioner's favor. Testified that he hunting and fishing license is free in the state of Texas if the person holding the hunting and fishing license also has a Texas driver's license. PETITIONER'S EVIDENCE was relevant, admissible and credible. Conclusions cf Law CONCLUSIONS OF LAW: The undersigned Special Magistrate finds that the following below is controlling and or persuasive in the recommendation: STATUTE: 196.031 Exemption of homesteads.— (1)(a) A person who, on January 1, has the legal title or beneficial title in equity to real property in this state and who in good faith makes the property his or her permanent residence or the permanent residence of another or others legally or naturally dependent upon him or her, is entitled to an exemption from all taxation, except for assessments for special benefits, up to the assessed valuation of$25,000 on the residence and contiguous real property, as defined in s. 6, Art. VII of the State Constitution, Such title may be held by the entireties,jointly, or in common with others, and the exemption may be apportioned among such of the owners as reside thereon, as their respective interests appear. STATUTE 196.015 196.015 Permanent residency;factual determination by property appraiser.—Intention to establish a permanent residence in this state is a factual determination to be made, in the first instance, by the property appraiser. Although any one factor is not conclusive of the establishment or nonestablishment of permanent residence, the following are relevant factors that may be considered by the property appraiser in making his or her determination as to the intent of a person claiming a homestead exemption to establish a permanent residence in this state: (1) A formal declaration of domicile by the applicant recorded in the public records of the county in which the exemption is being sought. (2) Evidence of the location where the applicant's dependent children are registered for school. (3) The place of employment of the applicant. (4) The previous permanent residency by the applicant in a state other than Florida or in another country and the date non-Florida residency was terminated, (5) Proof of voter registration in this state with the voter information card address of the applicant, or other official correspondence from the supervisor of elections providing proof of voter registration, matching the address of the physical location where the exemption is being sought. (6) A valid Florida driver license issued under s. 322.18 or a valid Florida identification card issued under s. 322.051 and evidence of relinquishment of driver licenses from any other states. (7) Issuance of a Florida license tag on any motor vehicle owned by the applicant. (8) The address as listed on federal income tax returns filed by the applicant. (9) The location where the applicant's bank statements and checking accounts are registered. (10) Proof of payment for utilities at the property for which permanent residency is being claimed. As to PETITION: 2024-003: It is recommended that the instant petition be denied. A preponderance of the evidence shows that Petitioner and the property at issue in the instant matter has. NOT met the statutory application of Florida Statute 196.031 Exemption of homesteads (1)(a) and has NOT met the statutory application of Florida Statute 196.015 subsections (4), and (6). A preponderance of the evidence shows that the Petitioner did not comport with the (1) (a) subsection of Florida Statute 196.031 and the"A person who, on January 1, has the legal title or beneficial title in equity to real property in this state and who in good faith makes the property his or her permanent residence" clause of L the statute because of the following: _ -27 - 1. The Petitioner did not comport with the (1) subsection of Florida Statute 196.031 and the"A person who, on January 1 has the legal title or beneficial title in equity to real property in this state and who in good faith makes the property his or her permanent residence" clause of the statute because of the preponderance of the evidence showing that the Petitioner did not comport with subsections (4), and (6) of Florida Statute 196.015. ' A preponderance of the evidence shows that the Petitioner testified that he hunting and fishing license is free in the state of Texas if the person holding the hunting and fishing license also has a Texas driver's license, and that the Property Appraiser witness Veronica Jarman testified that the Texas driver's license is for a Texas resident benefit which is the hunting and fishing license that the Petitioner has which does not comport with subsection (4) and the "previous permanent residency by the applicant in a state other than Florida or in another country and the date non-Florida residency was terminated" language of Florida Statute 196.015 and does not comport with the language of subsection (6) of Florida Statute 196.015 and the "valid Florida driver license issued under s. 322.18 or a valid Florida identification card issued under s. 322.051 and evidence of relinquishment of driver licenses from any other states" clause of the statute because the Petitioner has not demonstrated the"evidence of relinquishment of driver licenses from any other states" language of Florida Statute 196.015 because of the Texas hunting license and Texas driver's license. As a result, a preponderance of the evidence shows that the Petitioner did not comport with the "who in good faith makes the property his or her permanent residence" clause of Florida Statute 196,031 because of the aforementioned reasoning and conclusion. For the aforementioned reasons, it is recommended that PETITITON: 2024-003 is recommended to be DENIED. rrn °��n�� --' -- ---------- - --- Rdof5pecial.Magistrate The findhig and conclusions above are recommendations. ---- ' — JOSEPH HAYNES DAVI -- ESQUIRE 2/7/2025 � � no��' �'n~'| Printvame Date -- _�� - Signature, AB -rk or special representative Print name bate If this is a - ommended decision,the board will consider the recommended decision on at 0 AM 0 PM. Address If the line above is blank.please oeU orv��our website at . | [| Final |���igi��� ���������v& E�m�r� �~ Adjustment Signature,chair,value adjustment board --' -- Print name -- ' Date of decision Signature,VA8clerk urnepLesentadve Print name Date mailed to parties -30 - INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD ATTORNEY SPECIAL MAGISTRATE APPLICATION 2025: NAME AND CONTACT OF INDIVIDUALS WHO CAN ATTEST TO THE YEARS OF EXPERIENCE IN AD VALOREM TAXATION JOSEPH HAYNES DAVIS,ESQ. 1. Karen Wonsetler, Esq. The Law Office of Karen Wonsetler,P.A. 860 North Orange Avenue, Suite 135 Orlando,FL 32801 Telephone (407)770-0846 Fax(407)770-0843 karenwonsetler@yahoo.com. 2. Holly E. Cosby Law Office of Holly E. Cosby, P.A. 602 Center Road Fort Myers,Florida 33907 (239) 931-0006 Office. (239)418-0006 (fax)holly@cosbylaw.com 3. Aaron Thalwitzer,Esq. 257 N. Orlando Ave. Cocoa Beach, FL 32931; (321) 799-4777; Aaron@BrevardLegal.com -29 - Computer Experience p p VAB 2025 • JOSEPH HAYNES DAVIS, ESQUIRE • Westlaw 30 years • Lexis-Nexis 30 years • WordPerfect 32 years • Microsoft Word 32 plus years • Internet 32 plus years • E-mail 27 plus years • Axia 15 plus years • FindLaw 16 plus years -30 - JOSEPH HAYNES DAVIS, ESQUIRE INDIAN RIVER COUNTY FLORIDA VAB SPECIAL MAGISTRATE APPLICATION 2025 EXPERIENCE IN AD VALOREM TAXATION ISSUES ADDITIONAL INFORMATION THAT QUALIFIES ME TO SERVE I respectfully submit the detailed experience below as representing a microcosm of my experience as per my resume as a Value Adjustment Board Special Magistrate Attorney since 2008 as more evidence of my preparedness for this instant opportunity. Additionally, I have been a licensed attorney in the state of Florida since January,2001.The instances listed below are not exhaustive of the matters before me over the past as a Special Attorney Magistrate. However, they should represent to the reader the diversity of the matters were before me and evidence the requisite experience needed to perform the tasks as Value Adjustment Board Special Magistrate. 1. While serving in Manatee County: Pursuant to Section 193.461 (3) (b)Florida Statutes, as a Special Magistrate a "Greenbelt" properties matter came before me. With a "Greenbelt" agricultural classification, properties are bona fide agricultural operations taxed according to the"use"value of those operations,rather than the development value. For property to qualify for agricultural classification, land must be used in good faith for commercial agricultural purposes. 2. In another matter while serving in Manatee County,was the late filing of an application for homestead exemption based on extenuating circumstances pursuant to Section 196.011(8)Florida Statutes and whether or not the Petitioner personally and exclusively owned by operation of the trust language the beneficial interest in the property at issue in the matter for 2011 tax period based upon the trust instrument language provided by petitioner. 3. In another matter while serving in Manatee County, an appeal seeking the late filing of an application for Veterans total disability exemption based on extenuating circumstances pursuant to Section 196.011(8) Florida Statutes (2010) and Section 196.081 Florida Statutes (2010) The issue in that matter was whether the Petitioner demonstrated by a preponderance of the evidence extenuating circumstances judged by the Special Magistrate to warrant the granting of the Veterans Total Disability exemption for the current year. 4. While serving in Manatee County, there was an appeal seeking the late filing of an application for homestead exemption based on extenuating circumstances pursuant to Section 196.011(8)Florida Statutes and the rules regarding portability set forth in Florida Statute 193.155(8). The issue(s)in that matter:whether the Petitioners had demonstrated by a preponderance of the evidence extenuating circumstances to warrant the granting of the homestead exemption for that year as a result of the late filing and, whether or not Petitioners could "port"their Save Our Homes tax benefits to their new home as per in Florida Statute 193.155(8). 5. While serving in Manatee County an appeal seeking the late filing of an application for homestead exemption based on extenuating circumstances pursuant to Section 196.011(8) Florida Statutes (2011) The issue(s) in the instant matter: whether the Petitioners demonstrated by a preponderance of the evidence extenuating circumstances to warrant the granting of the homestead exemption for that year as a result of the late filing. The petition was a request for a hearing as a result of the ending of the Homestead 1 -31 - on said property as a result of an apparent scrivener error or input error on the deed evidencing the address of their new homestead after a closing. 6. While serving in Flagler County,there was an issue before me of an appeal of a denial of historically commercial or nonprofit exemption of two real property parcels. 7. While serving in Flagler County,an appeal of a petition on a Homestead denial with the issue as to whether or not the Petitioner is a permanent resident of the property at issue. The issue was a permanent resident issue and whether or not has the Petitioner demonstrated by a preponderance of the evidence that he is indeed a permanent resident of the property. 8. While serving in Flagler County,there was an appeal of a petition on a Homestead denial with the issue as to whether or not the Petitioner had abandoned the property by way of a rental of the property, and whether or not rental of a homestead constitutes the abandonment of the property, with that abandonment being the rental of an entire dwelling previously claimed to be a homestead for tax purposes. Did that rental constitute the abandonment of homestead tax designation? 9. While serving in Indian River County: Pursuant to Section 193.461 (3) (b) Florida Statutes,as a Special Magistrate a"Greenbelt"properties matter came before me. With a "Greenbelt" agricultural classification,properties are bona fide agricultural operations taxed according to the"use"value of those operations,rather than the development value. For property to qualify for agricultural classification, land must be used in good faith for commercial agricultural purposes. 10. While serving in Marion County:An appeal of the denial by the Marion County Property Appraiser of Petitioner's application for non-profit/charitable ad valorem exemption status as to the use of property/properties at issue. There were 35 parcels at issue before me as the Special Magistrate.APPLICABLE STATUTES:Florida Statutes 196.26,Florida Statute 193.501 Florida Statute 196.196,as admitted as evidence via testimony and documents and submitted by the Property Appraiser and Petitioner respectively. 11.While serving in Citrus County: An appeal for a denial of Homestead Denial. RELEVANT STATUTE:Section 6(b)Florida Constitution and Florida Statute 196.015. 12. Appointed as the Sumter County Florida Value Adjustment Board legal counsel on April 11,2023. If selected by the Value Adjustment Board, the objectives and goals that I would take to ensure timely return of the associated worksheets would be as I have done over the years in my capacity as a VAB special magistrate in the counties that I have served are very simple: to get the work done immediately after receiving the files from the VAB clerk whether it would be the physical files through the U.S. Postal Mail or electronically by and through AXIA or the particular system designed for the particular county. Should I need a question answered, then I ask not only electronically to either the clerk or VAB counsel, but I also follow up with a telephonic conversation to make sure the written electronic communication comports with the overall understanding of the substance of the intent of the communication. To put it even more simply, when the work comes to me,I get the job done quickly,without delay,and efficiently. I believe that I am the most qualified to serve the taxpayers of Indian River County as a Value Adjustment Board Special Magistrate because of the combination of my prior experience as a VAB 2 -32- Special Magistrate in the counties listed in this application and on my resume, and because of my zeal and affinity for this kind of work. I am always honored and humbled by the opportunity to serve the citizens and taxpayers of the great State of Florida and the surrounding counties in the capacity as a Special Attorney Magistrate. And, I thank you for considering me for this 2025 tax year with this application. /s/Joseph Haynes Davis JOSEPH HAYNES DAVIS Florida Bar No. 0458058 Law Offices of Joseph Haynes Davis,P.A. 2750 TAYLOR AVENUE#B207 Orlando, Florida 32806 Telephone: (407) 839-3725 Facsimile: (407) 839-4708 Joseph.davis@jhdlaw.com 3 -33 - Joseph Haynes Davis, Esq. Law Offices of Joseph Haynes Davis,P.A.2750 Taylor Avenue Suite B207. Orlando,FL 32806 Phone (407)839-3725 • Cell(407)616-6961• Email joseph.davistjhdlaw.com • Website www.jhdlaw.com Summary of Qualifications • Diligent and hard-working attorney in small firm handling all facets of Real Estate Law and Commercial and Residential Real Property Closings,Mortgage Law,Title Insurance,Probate and Guardianship, Business Formation and Consulting,Creditor Collections,Bankruptcy and all phases of Civil and Criminal Litigation. • Highly organized,with demonstrated strengths in successfully managing diverse caseload. • Excellent interpersonal skills with demonstrated ability to motivate lead and interact effectively with diverse groups of people. • Experienced and skillful negotiator with consistent ability to resolve cases favorably through alternative dispute resolution. • Results-oriented with strong work ethic, high level of integrity, reliability and commitment to excellence in all matters undertaken. • Court appointed in the area of Criminal, Probate, Guardianship and Mental Health for Orange County and the 9th Judicial Circuit since March,2002,and for Guardianship in Osceola County in 2012. • Court appointed in the area of Criminal, Probate, Guardianship and Mental Health for Sarasota County and the 12th Judicial Circuit March,2008 and May,2013. • In 2008, 2009, 2011, 2016 and 2017 appointed to serve as an exemption/classification Value Adjustment Board special magistrate by Orange County,Florida. In 2010,and 2011 appointed to serve as an exemption/classification Value Adjustment Board special magistrate by Manatee County,Florida. • In 2011,2012,2013,2014,2015,2016 and 2017 and 2019 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Hillsborough County, Florida. • In 2011, 2012, 2013, 2014 and 2015 appointed to serve as an exemption/classification Value Adjustment Board special magistrate by Flagler County,Florida. • In 2012,2013,2014,2015,2016,2017,2018 and 2019 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Sumter County,Florida • In 2012,and 2016 appointed to serve as an exemption/classification Value Adjustment Board special magistrate by Seminole County,Florida. • In 2013,2014,2015,2016,2017,2018,and 2019 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Brevard County,Florida • In 2013 appointed to serve as an exemption/classification Value Adjustment Board special magistrate by Indian River County,Florida. • In 2013,2014,2015,2016,2017,2018 and 2019 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Volusia County,Florida. • In 2013 and 2019 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Citrus County,Florida • In 2013,2015,2017,2018,2019 appointed to serve as an exemption/classification Value Adjustment Board special magistrate by Marion County,Florida. • In 2014 and 2015 appointed to serve as an exemption/classification Value Adjustment Board special magistrate by Bay County,Florida. 1 -34 - • In 2014, 2015, 2016, 2018, and 2019 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Lee County,Florida. • In 2014 appointed to serve as an exemption/classification Value Adjustment Board special magistrate by Nassau County,Florida. • In 2014,2015,2016 and 2017 appointed to serve as an exemption/classification Value Adjustment Board special magistrate by Leon County,Florida. • In 2014, 2015, 2016, 2017, 2018 and 2019 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Leon County,Florida. • In 2016,2017,2018,and 2019 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Polk County,Florida. • In 2017,2018 and 2019 appointed to serve as an exemption/classification Value Adjustment Board special magistrate by Osceola County,Florida. • In 2018 and 2019 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Pinellas County,Florida. • In 2018 and 2019 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Alachua County,Florida. • Local counsel to Shapiro and Fishman,LLP Tampa,Florida for foreclosure appearances in Orange County Florida and Seminole County Florida,August 2008 to the present. • Florida counsel to Bass Law Group, LLC Woodstock, Georgia for civil debt collection matters January 2009 to 2010. • Appointed as the Sumter County Florida Value Adjustment Board legal counsel on April 11,2023. Areas of Expertise Business Civil& Personal Real Estate Sports& Family Transactions Criminal Injury Estate Planning Entertainment Law Legal Experience Law Offices of Joseph Haynes Davis,P.A.,Orlando,FL 2001 to Present Small Law Firm, representing wide range of clients in Commercial and Residential Real Property Closings, Mortgage Law, Title Insurance, Probate and Guardianship, Business Formation and Consulting, Civil and Criminal Litigation, Real Estate, Personal Injury, Estate Planning, Probate, Bankruptcy,Family and Sports&Entertainment Law. • Business Formation,Transactions and Consulting:Advise and assist business and corporate clients on wide range of matters including business formation and incorporation.Draft and review articles of incorporation, bylaws, shareholder agreements, buy/sell agreements, compensation agreements, various contracts and represent and advise clients in all phases of business transactions. • Civil&Criminal Litigation:Handle all phases of Civil and Criminal litigation from pre-trial practice through trial.Responsibilities include conducting extensive legal research,drafting pleadings,motions, discovery,trial briefs,taking and defending depositions,witness preparation,conducting voir dire and representing clients at hearings,trials and mediation. • Personal Injury: Routinely handle all aspects of wide range of plaintiffs personal injury cases from client interview through settlement or trial. • Family:Represent clients in all aspects of family law including divorce,paternity,annulment,custody, support,modifications as well as mediation and informal settlement conferences.Regularly negotiate and draft property settlement agreements. 2 -35 - • Estate Planning: Routinely analyze and draft wills and living trusts,and handle all aspects of Probate and Guardianship proceedings. • Real Estate: Review residential real estate contracts and closing documents for buyers, issue title insurance for residential and commercial closings and counsel clients on various matters including actions for ejectment,actions for partition and foreclosures. • Sports & Entertainment Law: Negotiate a variety of contract deals for vocal singer-performers, professional basketball athletes and radio broadcast air talents. • Title Insurance Agent:Former title insurance agent for Attorney's Title Fund (2005-2009) and Land America (2006-2009). Issued title insurance through the Law Offices of Joseph Haynes Davis,PA and owner of Sivad Title Services,Incorporated. PREVIOUS EXPERIENCE includes highly successful 30-year career as radio broadcaster and broadcast manager for a variety of stations in Florida,Texas,Pennsylvania,Illinois,Missouri,Louisiana and Georgia.Nominated in 1999 and 2000 by the Billboard R&B Monitor radio trade publication as Assistant Program Director/Music Director of the Year(winner 2000).Youngest brother to the late trumpeter and music icon,Miles Davis. Education and Professional Development J.D. Rutgers Law School,Camden,NJ,1996 Dean's List, Spring 1996 M.S.W.University of Pennsylvania,School of Social Work,Philadelphia,PA,1992 B.S. (Communications/Journalism) Illinois State University,Normal,IL,1981 Recipient, Outstanding Graduate in Communications, 1998 Regularly attend continuing education(CLE)courses and professional seminars. Bar Admissions 1 • State of Florida,2001;U.S.Middle District of Florida 2001;U.S.Southern District of Florida 2012 Professional Affiliations • Orange County Bar Association • Central Florida Real Estate Investors • Business Opportunities Group Incorporated(BOGI) • Rutgers Law School Alumni Association • Sanford Housing Authority,Board Chairman(04/01 to 02/02) Computer Skills • Westlaw • Lexis-Nexis • WordPerfect 3 -36 - • Microsoft Word • Internet • E-mail • Axia (Value Adjustment Board,Florida program) 4 -37 - ATTORNEY-SPECIAL MAGISTRATE HEARING OFFICER FOR VALUE ADJUSTMENT BOARDS,AROUND THE STATE OF FLORIDA 2025 APPLICATION JOSEPH HAYNES DAVIS, ESQUIRE • In 2008, 2009, 2011, 2016 and 2017 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Orange County,Florida • In 2010, 2011, 2022, 2023, and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Manatee County,Florida • In 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2019, 2021, 2022, 2023 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Hillsborough County, Florida • In 2011,2012,2013,2014,2015 and 2023 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Flagler County, Florida • In 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021 and 2022 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Sumter County,Florida • In 2012 and 2016 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Seminole County, Florida • In 2013,2014,2015,2016, 2017,2018,2019,2020,2021, 2022,2023 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Brevard County, Florida • In 2013, 2021, 2022, 2023 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Indian River County, Florida • In 2013, 2014, 2015, 2016, 2017, 2018, 2019,2020, 2021, 2022,2023 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Volusia County,Florida • In 2013, 2019, 2020, 2021, 2022, 2023 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Citrus County, Florida 1 -38 - • In 2013, 2015, 2017, 2018, 2019, 2020, 2021, 2022, 2023 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Marion County, Florida • In 2014, 2015, 2020, 2021, 2022 , 2023 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Bay County,Florida • In 2014, 2015, 2016, 2018, 2019, 2020, 2021, 2022 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Lee County, Florida • In 2014, 2023 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Nassau County,Florida • In 2014, 2015, 2016, 2017, 2018, 2019, 2021, 2022, 2023 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Leon County,Florida • In 2014, 2015, 2016, 2017,2018, 2019, 2020, 2021,2022,2023 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Pasco County, Florida • In 2016, 2017, 2018, 2019, 2020, 2022, 2023 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Polk County, Florida • In 2018, 2019, 2020, 2021, 2022, 2023 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Pinellas County, Florida • In 2018, 2019, 2020, 2021, 2022, 2023, and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Alachua County, Florida. • In 2019, 2020, 2021, 2022,2023 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by St. Johns County, Florida • In 2017, 2018, 2019, 2021, 2022, 2023 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Osceola County, Florida • In 2020, 2021, 2022, 2023 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Santa Rosa County,Florida 2 -39 - • In 2019, 2020, 2021, 2022, 2023 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Sarasota County, Florida • In 2021, 2022, 2023 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Okaloosa County,Florida • In 2021, 2022, 2023 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Walton County,Florida • In 2021, 2022, 2023 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Escambia County, Florida • In 2022, 2023 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Palm Beach County, Florida • In 2022, 2023 and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Collier County,Florida • In 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by St. Lucie County,Florida • In 2022, 2023, and 2024 appointed to serve as an exemption/classification Value Adjustment Board Special Magistrate by Duval County, Florida 3 - 40 - i'. • I 0.:,'.. ";. t y a Ike i. j ;: �l.rte, qy//\ r . .,. .. ; ‘, . J... . . . M .., , ' i • .. j . 1 . . 1 -41 - 1 ?;a SPECIAL MAGISTRATE APPLICATION � 0.* INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD (APPLICANTS MUST MEET QUALIFICATIONS OUTLINED IN FLA.STAT.§ 194.035) Please type or print. If more space is needed,attach additional sheets. Applicants may supplement their application with a resume. However, a resume cannot be used in lieu of an application. Application for: ❑Attorney Special Magistrate ®Appraiser Special Magistrate for... Z Real Property and/or❑Tangible Personal Property If appointed,how much time would you be available to conduct hearings and complete your recommendations? 0 1 to 8 hours per week;® 9 to 20 hours per week;0 21 to 30 hours per week;0 31 to 40 hours per week. APPLICANT INFORMATION Name: Stephen J.Boyle,MAI Home Address: 2257 W Ocean Oaks Circle Vero Beach FL 32963 Mailing Address:Same Business Name: Boyle Appraisal Service Business Address: 2257 W Ocean Oaks Circle Vero Beach,FL 32963 Phone: Home/ Business/772-538-1303 Ce11/772-538-1303 Fax: E-Mail: StephenRBovledrake.com DOCUMENTATION REQUIRED Verification of qualifications will be made prior to consideration of this application,pursuant to FS 194.0.35. • Copy of license referenced below. • Documentation to support membership in professional organizations listed below under Organizations. • A writing sample, which may consist of an opinion letter or other business-related documentation that contains one or more written pages of original material. Ti you have served as a special magistrate previously, please submit a recommended decision as your sample. Do not submit a copy of an appraisal as a writing sample. • Prior to conducting hearings, all applicants are required under Fla. Stat. § 194.035 to certify completion of the current year training provided by the Department of Revenue. To obtain the training, go online to the Depattnient's website at http://dor.myflorida.com/dor/property/vab/training.html. Return your completion certificate to the VAB clerk. LICENSURE/EXPERIENCE Attorney Magistrate Applicant: Bar Number: Date of Admission: How many years of experience do you have in the area of ad valorem taxation: Appraiser Magistrate Applicant: Residential Appraiser License#: Valid Through: General Appraiser License#: RZ 699 Valid Through: 11/30/26 Provide number of years of experience you have in the area of real property valuation: 42+years Describe experience,and number of years you have in the area of tangible property valuation:None Page 1 v01/13/2015 - 42 - SPECIAL MAGISTRATE APPLICATION * �* INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD (APPLICANTS MUST MEET QUALIFICATIONS OUTLINED IN FLA.STAT.$ 194.035) QUALIFICATIONS/EXPERIENCE 1. Educational Background BS in Business Administration and Finance,MAI designation from the Appraisal Institute 2. List any experience and/or specialty for the following property types: PROPERTY TYPE EXPERIENCE/SPECIALTY Residential Real Property 42+years for typical and high end residential property Commercial Real Property 42+years All types of commercial property Tangible Property None Other(please specify) Industrial,A:ricultural,Marinas, Subdivision Develo.ment 3. If you currently or previously have served as a special magistrate,please provide the municipality or county and dates served. Brevard County 2020-2024,Palm Beach 2022&2023,Martin, St.Lucie and Indian River Counties 2022-2024 4. Have you ever been dismissed, terminated or denied appointment as a special magistrate for poor or improper performance? ®No ❑Yes(please explain) 5. List any additional information which makes you qualified to serve as a special magistrate. Also provide name and contact information of at least two individuals who can attest to your years of experience in ad valorem taxation,tangible personal property or real property appraisals. I served as a special magistrate in Brevard County over the past 5 years.Most of my cases were complex commercial properties.I have also testified in numerous tax appeals in Martin,St.Lucie and Indian River counties over the recent past.Please contact Mike Umphrey 772-226-1478 at the Indian River County PA's office and Nicole Summers,Deputy Clerk Value Adjustment Board,Brevard County 321-637-2001. 6. Are you willing to accept the Value Adjustment Board established schedule of fees? ®Yes❑No If no,please indicate your schedule of fees to be charged the board on a one-hour basis. 7. Explain your level of knowledge and experience with computers and list the applications you are familiar with, including Axia. I have used Axia,Word,Excel and Zoom for several years. ORGANIZATIONS 1. List each organization,recognized by the real estate appraisal industry or the professionals in that field,in which you are currently or have previously been a designated member: ORGANIZATION DESIGNATION DATE MEMBER# Appraisal Institute MAI 10/1993 32473 2. Of those organizations describe any possible conflict of interest that could occur or the appearance of a conflict Page 2 v01/13/2015 - 43 - ; '� SPECIAL MAGISTRATE APPLICATION * INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD (APPLICANTS MUST MEET QUALIFICATIONS OUTLINED IN FLA.STAT..* 194.035) of interest that may prevent you from fairly conducting a hearing: None 3. Have you ever been disbarred, suspended or received any other disciplinary action from any organized association,or from the State of Florida? ®No ❑Yes(please explain) 4. List any personal or business relationship you have ever had with any officer or employee of the office of the property appraiser, office of the clerk of the circuit court,office of the county attorney or the value adjustment board of any of the counties to which you are applying: None 5. List any clubs,organizations,associations,or other entities to which you belong or participate in and in which a possible conflict of interest could occur or the appearance of a conflict of interest might arise that would prevent you from fairly conducting the hearing between the property appraiser and the property owner and taxpayer. Quail Valley,however,it would not create a conflict.In addition,if I personally know the petitioner,I would withdraw from the hearing. CERTIFICATION Pursuant to Fla. Stat. § 194.035, a person cannot serve as a special magistrate if he/she is an elected or appointed official of a county,a taxing jurisdiction,or the state;is an employee of a county,a taxing jurisdiction,or the state;or in the same tax year that he/she services the Board as a special magistrate,represents a party before the Board in any administrative review of property taxes. Are you an elected or appointed official or employee of a county,a taxing jurisdiction,or the state? ❑Yes®No If yes,please provide details: The undersigned certifies, under penalty of disqualification from consideration, that each item contained in this application, or any other document furnished by or on behalf of the applicant is true and complete as of the date it bears. The undersigned authorizes the Value Adjustment Board to obtain information from other sources to verify each item contained herein. The undersigned acknowledges that, if selected, he/she will follow all requirements and mandates of law in fulfilling the duties of special magistrate. (49Men,janoyk, ,9123ff Date: 5/25/2025 Signature of Applicant Stephen J.Boyle,MAI Printed Name of Applicant Page 3 v01/13/2015 - 44 - DECISION OF THE VALUE ADJUSTMENT BOARD DR-485VR. 11/23 VALUE PETITION Rule 12D-16.002 F.A.C. Eff. 11/23 0 Indian River County FLORIDA The actions below were taken on your petition. ❑✓ These actions are a recommendation only, not final ❑ These actions are a final decision of the VAB If you are not satisfied after you are notified of the final decision of the VAB, you have the right to file a lawsuit in circuit court to further contest your assessment. (See sections 193.155(8)(l), 194.036, 194.171(2094.181, 196.151,and 197.2425, Florida Statutes.) Petition # 2024-107 Parcel ID 32392300000300000008.0 Petitioner name RYAN, LLC Property 5001 US HIGHWAY 1 The petitioner is: ❑ taxpayer of record ❑✓ taxpayer's address VERO BEACH, FL 32967 representative 0 other, explain: Decision Summary 0 Denied your petition 0 Granted your petition ❑ Granted your petition in part Value Value from Before Board Action After Board Value presented by property appraiser Action Lines 1 and 4 must be completed TRIM Notice Rule 12D-9.025(10),F.A.C. 1. Just value, required 1,091,062.00 1,091,062.00 1,091,062.00 2. Assessed or classified use value,* if applicable 1,091,062.00 1,091,062.00 1,091,062.00 3. Exempt value,* enter"0" if none 0.00 0.00 0.00 4. Taxable value,* required 1,091,062.00 1,091,062.00 1,091,062.00 *All values entered should be county taxable values. School and other taxing authority values may differ. (Section 196.031(7), F.S.) Reasons for Decision Fill-in fields will expand, or add pages as needed. Findings of Fact See attached. Conclusions of Law See attached. 0 Recommended Decision of Special Magistrate Finding and conclusions above are recommendations. Stephen J Boyle Stephen J Boyle 01/17/2025 Signature, special magistrate Print name Date Terri Collins-Lister Terri Collins-Lister Signature,VAB clerk or special representative Print name Date If this is a recommended decision, the board will consider the recommended decision on at Address If the line above is blank, the board does not yet know the date, time, and place when the recommended decision will be considered. To find the information, please call 772-226-1432 or visit our website at//vab.indian-river.org/Axia02 ❑ Final Decision of the Value Adjustment Board Signature,chair,value adjustment board Print name Date of decision Signature,VAB clerk or representative Print name Date mailed to parties 2024-107 -45 - Page 1 of 4 Finding of fact for petition number 2024-107 List of Property Appraiser's witnesses and exhibits: Billy Auton, representing the Property Appraiser's Office, appeared in person. The Property Appraiser's (PA's) evidence package consisted of 20 pages. The evidence included, a summary of the testimony, consideration by the PA per Florida Statute 193.011, a vacant land sales chart summarizing 4 comparable sales, the property card for the subject property, and property cards for the 4 comparable sales, and an aerial location map showing the subject and the 4 comparable sales. The above evidence was submitted in to Axia and was admitted in to evidence. List of Petitioner's witnesses and exhibits: Jeffrey Smith, with Ryan, representing the property owner, appeared by phone. The petitioner submitted an evidence package that consisted of 10 pages. The evidence included a summary sheet of the evidence submitted, a Sales Comps Map and 5 comparable sales from Costar along with the sales summary sheets, and the DR-493 for Indian River County. The above evidence was submitted in to Axia and was admitted in to evidence. Overview of the Subject Property: The property is a 11.55 acre parcel that is zoned both IL- Light Industrial and CL- Commercial Limited. The property is vacant and fronts both US Hwy 1 and Old Dixie Hwy and is located at 5001 US Hwy 1 in Vero Beach. Summary of evidence presented by the property appraiser: The PA stated that the property has a Just Value of$1,091,062 or $2.17 SF at the beginning of the hearing. The PA presented a sales comparison approach with 4 comparable sales in a chart. Comparable sales were zoned either CH-Heavy Commercial or LI-Light Industrial. The four comparable sales ranged in size from 6.05 acres to 20.07 acres. The sales sold between $3.23 SF to $4.14 SF, with an average sale price of$3.70 SF. Based 1 2024-107 -46 - Page 2 of 4 on the average sale price of$3.70 SF, the PA concluded at a preliminary value (market value) for the 11.55 acres at $3.70 SF or $1,861,536. (A 15% deduction for the cost of sale (COS) was not applied to the estimate of market value by the PA to indicate a just value. Applying a 15% COS adjustment to the preliminary value would result in a just value of$1,582,306.) The PA testified that, considering a COS deduction, the current assessment for the subject of$1,091,062 or $2.17 SF is well below the value estimate of$1,861,536. The PA provided the property record cards for the subject and the comparable sales along with the location map showing that three of the sales were located along US Hwy 1 and 1 of the sales was located just west of US Highway 1 off of 41' Street. Summary of evidence presented by the petitioner: The petitioner requested a Just Value of$736,312 or $1.46 SF ($63,750 per acre) at the beginning of the testimony. The petitioner presented 5 comparable sales from CoStar. The comparable sales sold between $45,208 per acre to $157,368 per acre or between $1.04 SF to $3.61 SF. The sales ranged in size from 9.91 acres to 37 acres. The comparable sales were zoned a variety of different zonings. The different zonings included IG- Industrial General, RS-3 a residential zoning, a combination of both Commercial and Multifamily zonings, CG- General Commercial and a combination of CH- Commercial Heavy and CL- Commercial Light. (It is noted that Sale 5 at $3.61 SF was the PA's Sale 2. It is also noted that Sale 4, at $1.97 SF, was an auction sale and resold just over one year later for $3.65 SF, the PA's Sale 1.) There was no discussion of the sales in the evidence submitted. The petitioner testified that the subject property was both irregular in shape and was transacted by US Hwy 1. As a result, it is not two contiguous parcels. In addition, there is a parcel cut out of the back of the west side property. This resulted in physical and functional issues for the development of the subject property, including issues with the setbacks (legal issues). (The petitioner did not provide a tax map or survey demonstrating the shapes of the subject parcels. The petitioner did not value the property as two separate parcels.) Rebuttal Testimony: The PA testified that the parcel may have some setback issues. However, the west side parcel is approximately five acres and is a substantial piece (of adequate size) 2 2024-107 - 47- Page 3 of 4 and not all of the issues the petitioner discussed would not impact the parcel. The PA testified that the petitioner's Sale 1 is located on 45th Street approximately 1.5 west of US Highway 1 and is not in a good a location, Sale 2, located off of Quay Dock Rd, is going to be developed with residential uses and Sale 3 is a mixture of commercial and residential zoning. The PA also testified that the petitioner's Sale 4 (PA's Sale 1) resold for substantially more a year later. The petitioner had no rebuttal. Special magistrate's analysis and finding of facts: The presumption of correctness for the assessment was established because the PA proved by the preponderance of the evidence that the PA's just value methodology complied with the eight criteria of Section 193.011 of the Florida Statutes and professionally accepted appraisal practices. The petitioner's evidence did not overcome the presumption of correctness. The comparable sales presented by the PA were applicable for the analysis and valuation of the subject property. The comparable sales presented by the PA were based on the recorded sale price. After the establishment of a preliminary value, the PA did not make a 15% COS deduction and provide an indication of just value. However, applying a 15% COS deduction does provide a just value that supports the current assessed value. Conclusions of law for petition 2024-107 The admitted evidence was determined sufficiently relevant and credible to reach the preponderance of the evidence standard of proof, Rule 12D-9.025 and 12D- 9.027. The admitted evidence provides by a preponderance of the evidence that the property appraiser's just valuation methodology complies with section 193.011, F.S. and professionally accepted appraisal practices. 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ROktoCI 4,;, SPECIAL MAGISTRATE APPLICATION INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD (APPLICANTS MUST MEET QUALIFICATIONS OUTLINED IN FLA.STAT.6 194.035) Please type or print. If more space is needed,attach additional sheets. Applicants may supplement their application with a resume. However, a resume cannot be used in lieu of an application. Application for: 0 Attorney Special Magistrate ❑✓ Appraiser Special Magistrate for... ❑✓ Real Property and/or 0 Tangible.Personal Property If appointed,how much time would you be available to conduct hearings and complete your recommendations? 0 1 to 8 hours per week;0 9 to 20 hours per week;0 21 to 30 hours per week;0 31 to 40 hours per week. APPLICANT INFORMATION Name: Terrie Peltier Home Address: 8830 SW 123 Court,Unit I-308,Miami,FL 33186 Mailing Address: 6800 SW 40 Street,#644,Mien'',FL 33155 Business Name: Pettier Appraisals,LLC Business Address: 6800 SW 40 Street,#644,Miami,Fl.33186 Phone: Home/305-772-6062 Business/ 305-772-6062 Cell/ 305-772-6062 .Fax: N/A . E-Mail: Terrie201©belisouth.net DOCUMENTATION REQUIRED I erificution of qualifications will be nuide prior to consideration of this application,pursuant to FS 194.035, • Copy of license referenced below. • Documentation to support membership in professional organizations listed below under Organizations. • A writing sample, which may consist of an opinion letter or other business-related documentation that contains one or more written pages of original material, If you have served as a special magistrate previously, please submit a recommended decision as your sample. Do not submit a copy of an appraisal as a writing sample. • Prior to conducting hearings,all applicants are required under Fla.Stat.§ 194.035 to certify completion of the current year training provided by the Department of Revenue. To obtain the training, go online to the Department's website at http://dor.myflorida.com/dor/property/vab/training.html. Return your completion certificate to the VAB clerk. LICENSURE/EXPERIENCE Attorney Magistrate Applicant: Bar Number: Date of Admission: How many years of experience do you have in the area of ad valorem taxation: Appraiser Magistrate Applicant: Residential Appraiser License#: Ro6210 Valid Through: 11/30/24 General Appraiser License#: Valid Through: Provide number of years of experience you have in the area of real property valuation: 32+Years Describe experience,and number of years you have in the area of tangible property valuation: None Page 1 v01/13/2015 - 51 - f ,I SPECIAL MAGISTRATE APPLICATION *) INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD (APPLICANTS MUST MEET QUALIFICATIONS OUTLINED IN FLA.STAT.ti 194.035) QUALIFICATIONS/EXPERIENCE 1. Educational Background See Attached Resume 2. List any experience and/or specialty for the following property types: PROPERTY TYPE EXPERIENCE/SPECIALTY Residential Real Property Single Family,2.4 Family,Condominium,Vacant Land,Co-Op Commercial Real Property Tangible Property Other(please specify) 3. If you currently or previously have served as a special magistrate,please provide the municipality or county and dates served. See Attached Resume 4. Have you ever been dismissed,terminated or denied appointment as a special magistrate for poor or improper performance? No ❑Yes(please explain) 5. List any additional information which makes you qualified to serve as a special magistrate. Also provide name and contact information of at least two individuals who can attest to your years of experience in ad valorem taxation,tangible personal property or real property appraisals. I have over 32 years of appraising experience In Florida and have performed appraisals for the largest lending institutions. I have served as Special Magistrate in 13 counties in Florida over the past 11 years. Robert Blecha 305-274-9415 and Karen Muni 305-298-3980. 6. Are you willing to accept the Value Adjustment Board established schedule of fees? Yes❑No If no,please indicate your schedule of fees to be charged the board on a one-hour basis. 7. Explain your level of knowledge and experience with computers and list the applications you are familiar with, including Axia. I have experience with Microsoft Word,Alamode appraisal software and Axia. ORGANIZATIONS 1. List each organization, recognized by the real estate appraisal industry or the professionals in that field, in which you are currently or have previously been a designated member: ORGANIZATION DESIGNATION DATE MEMBER# None 2. Of those organizations describe any possible conflict of interest that could occur or the appearance of a conflict of interest that may prevent you from fairly conducting a hearing: N/A Page 2 v01/13/2015 - 52 - 1 a s�. 4 .,� PECYAL MAGISTRATE APPLICATION INDIAN RIVER COITTY VALUE ADJUSTMENT BOARD (APPLICANTS MUST MEET QUALIFICATIONS OUTLINED IN FLA.STAT.b 194.035) 3. Have you ever been disbarred, suspended or received any bthet disciplinary action from any organized association,or from the State of Florida? ED No D Yes(please explain) 4. List any personal or business relationship you have ever bad With any macer or employee of the ofifice of the property appraiser,office of the clerk of the circuit court,office of the county attorney or the value adjustment board of any of the counties to which you are applying: None 5. Litt any clubs,organizations,associations,or other entities to which you belong or parttcipaae In and in which a possible conflict of interest could occur or the appearance of a conflict of interest might arise that would prevent you from fairly conducting the hearing between the property appraiser and the property owner and taxpayer. Nona Pursuant to Fla. Staff. § 194.05,a person cannot serve as a Special Magistrate if be/she is an elected or appointed official of a county,a taxing jurisdiction,or the state;is an employee of a county,a taxing jurisdiction,or the state; . or in the same tax year that he/she services the Board as a special magistrate,represents a party before the Board in any administrative review of property taxes. Are you an elected or appointed official or employee of a county,a faxing jurisdiction,or the state?❑Yes IA No If yes,please provide details: The undersigned cettifie4, under penalty of disqualification from consideration that each item contained In this application, or any other documentfurnished by or on behalf of the applicant is true and complete as of the date it bears. The undersigned authorizes the Value Adjustment Board to obtain information/14m other sources to verify each item contained herein. The undersigned acknowledges that, (fselected,he/she willfbllow all requtrerltent,9 and Mandates of law in fuflling the duties of special magistrate. 4110 Date: 5-19-25 Signature of Applicant Terrie Peltier Printed Name of Applicant Page 3 vi)I/13/2015 -53- TERRIE PELTIER 6800 SW 40 STREET#644 MIAMI, FL. 33155 305-772-6062 TERRIE201@BELLSOUTH.NET SUMMARY OF QUALIFICATIONS • Appraised Residential Real Estate for 32 years in Miami-Dade,Broward and Palm Beach Counties. • Specializing in Single Family,Condo,2-4 Family,Co-Op and Vacant Land • Special Magistrate---Martin, Broward,Hillsborough,Orange,Osceola,Pasco,Lee,Polk,St.Lucie, Sarasota, Indian River,Volusia and Brevard Counties • Real Estate Investor with 21 years of experience as a buyer,seller,landlord,property manager and renovation specialist EXPERIENCE 2018-Present Peltier Appraisals,LLC 2023-2025 Appraiser Special Magistrate for Broward,Hillsborough,Orange,Brevard, Indian River and Volusia Counties 2022-2023 Appraiser Special Magistrate for Broward,Hillsborough,Orange,Sarasota Brevard and Indian River Counties 2021-2022 Appraiser Special Magistrate for Broward,Martin,Hillsborough,Orange, Sarasota,Brevard,Osceola and Indian River Counties 2020-2021 Appraiser Special Magistrate for Broward, Martin, Hillsborough,Orange,St. Lucie,Sarasota,Brevard and Osceola Counties 2019-2020 Appraiser Special Magistrate for Broward,Martin, Hillsborough,Orange Pasco,St.Lucie,Sarasota and Brevard Counties 2017-2019 Appraiser Special Magistrate for Broward,Martin,Hillsborough,Orange, Pasco,St.Lucie and Brevard Counties 2016-2017 Appraiser Special Magistrate for Broward,Martin,Hillsborough,Orange, Osceola,Pasco, Lee,and Polk Counties 2015-2016 Appraiser Special Magistrate for Broward,Martin and Hillsborough County 2014-2015 Appraiser Special Magistrate for Martin County 2009-2018 Terrie Peltier(Appraiser) 2008-2025 Amerifirst Consulting,LLC (Real Estate Investor) 1993-2009 Investors Appraisal Service 1984-1993 Myron W.Peltier,Inc.(Appraiser Retired) LICENSURE 2007 Mortgage Broker's License 2006 State-Certified Residential Real Estate Appraiser 1993 State-Registered Real Estate Appraiser EDUCATION 1989-1990 Nova University---Paralegal Certificate 1988-1990 Nova University—9 Credits away from B.A.degree in Business Administration 1986-1988 Briarcliffe College--A.A.Degree in Business Administration PROFESSIONAL TECHNICAL COURSES 2007 Gold Coast Schools---Mortgage Brokers Pre-License Course 2006 Gold Coast Schools–Mastering RE Appraisal Pre-Lic Course 2006 Gold Coast Schools--15 Hr.National USPAP Pre-Lia Course 2000-01 Miami-Dade Community College---Certified Appraiser Course(AB-2&AB-28) 1993 Miami-Dade Community College---Registered Appraiser Course 1(AB-1) 1986 Century 21–Principles&Practices of Real Estate SEMINARS,CONFERENCES,CONTINUING EDUCATION 2014-2024 Department of Revenue Value Adjustment Board Yearly Training 1994-2024 30 Hr.Continuing Education/USPAP(Every 2 Years) 2010 Defaulted Mortgage Note Training 2009 14 Hr.Mtg Broker Continuing Education - 54 - 4* 4 „on ,et . ti i.,'. 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C m -11 s # Z C7 V, o 7 C 5 CD 03 ' rn m a 0 a I Z t ; CF:1 .DECISION OF THE VALUE ADJUSTMENT BOARD DR-485V VALUE PETITION Rule 12016.R. 1/17 02 F.A.C. ���FL Broward County Efr.01/17 DA The actions below were taken on your petition. t J These actions are a recommendation only,not final ❑ These actions are a final decision of the VAB If you are not satisfied after you are notified of the final decision of the VAB, you have the right to file a lawsuit in circuit court to further contest your assessment. (See sections 193.155(8)(l), 194.036,194.171(2), 196.151,and 197.2425, Florida Statutes.) Petition# 2024 . . Parcel ID _ Petitioner name Property The petitioner is: ❑ taxpayer of record [] taxpayer's agent address HOLLYWOOD,FL 33019 0 other, explain: Decision Summary ❑ Denied your petition [J Granted your petition ❑ Granted your petition in part Value Value from Before Board Action After Board bLines I and 4 must be completed TRIM Notice Value presented 0 property25((10}10),, F.A.C.appraiser Rule 12D-9.1) Action 1. Just value, required 621980 621980 579180 2. Assessed or classified use value,* if applicable 571500 571500 571500 3. Exempt value,* enter"0" if none 0 0 0 4. Taxable value,* required 571500 571500 571500 *Ail values entered should be county taxable values.School and other taxing authority values may differ.(Section 196.031(7),F.S.) Reasons for Decision Fill-in fields will expand or add pages,as needed. Findings of Fact (See Attached) Conclusions of Law (See Attached) 2 Recommended Decision of Special Magistrate Finding and conclusions above are recommendations. PELTIER,TERRIE PELTIER,TERRIE 03/19/2025 Signature,special magistrate Print name — Date VAB Clerk VAB Clerk 03/21/2025 Signature,VAB clerk or special representative Print name Date If this is a recommended decision,the board will consider the recommended decision on at Address If the line above is blank,the board does not yet know the date,time, and place when the recommended decision will be considered.To find the information, please call 954 357-7205 or visit our web site at https://bcvab.broward.org/AxiaWel D Final Decision of the Value Adjustment Board Signature,chair,value adjustment board Print name Date of decision Signature,VAB clerk or representative Print name Date mailed to parties - 56 - 2024 Page 1 of 4 Findings of Fact for Petition 2024- The Petitioner's Agent, with :., attended the hearing via telephone.Valentina .and Michelle were present at the hearing representing the Property Appraisers office. As per testimony,the evidence exchange complied with statutory time frame requirements.No objections by either party were made related to data submittal. The subject is located in a highrise condo building in The Summit Condo.The subject is located in the north building. The subject has 2 bedrooms and 2 bathrooms.The subject is an interior unit on the 18th floor and has an unobstructed northerly view of the intracoastal/city/ocean view.The subject has 1,570 adjusted building square footage and was built in 1982. The subject's project has 2 buildings.There is a north building and a south building. The subject is located in the north building. The Property Appraiser provided the Broward county property appraiser's certification of evidence, Subject's property record card,Aerial views of subject, Subject's location map,Exterior photos of subject,North tower and south tower unit building layouts,Floorplans for"C" units and"D" units, Subject and comparable unit locator, Summary of 4 comparable sales, Summary of 2 comparable sales,Department of Revenue's Broward county time trend,DR-493, Florida Statutes and misc. information. The Property Appraiser provided as rebuttal evidence a Summary of 5 comparable sales with the Property Appraiser's sales and the Petitioner's unit 4105 sale added. The Property Appraiser utilized 4 comparable sales in the subject's project.The Property Appraiser's comparables are the same model as the subject. Comparable#1 is located in the same building as the subject,but is on a much lower floor than the subject and is not the bestsale to indicate the subject's value. Comparable#2 is located in the subject's building on the 10th floor and has a north view like the subject and is a good indicator of value. Comparable#3 is located in the south building and is on a much lower floor than the subject and is not the best sale to indicate the subject's value. Comparable#4 is located in the south building on the 19th floor,has a similar view as the subject and is a good indicator of value. Out of the 4 comparables sales that the Property Appraiser's provided,comparables#2 and #4 should be utilized to determine the subject's value as they are the most similar to the subject. The Property Appraiser stated the floor height adjustment also included a view adjustment. The Petitioner provided as evidence the Ownwell cover page,Property summary, Property photos,Evaluation summary, 7 Sales comparables,7 Adjusted sales comparables and Comparable map. The Petitioner provided 7 comparable sales in the subject's project.The Petitioner's comparables#1,#2,#3,#4 and#6 are the same model as the subject. Comparables#1 and#3 have obstructed views and are not the best sales to indicate the subject's value. Comparable#2 is located on the 20th floor in the subject's building,has a similar northern view as the subject and is a good indicator of value, Comparable#4 is located on a much lower floor than the subject and is not the best sale to indicate the subject's value. Comparable#5 is a corner unit with a direct intracoastal/city/ocean view and is larger in adjusted building square feet than the subject and is not the best sale to indicate the subject's value. Comparable#6 is shared with the Property Appraiser. Comparable#6 is located on the 19th floor in the south building and has a similar view as the subject and is a good indicator of value. Comparable#7 is a corner unit with a direct intracoastal/city/ocean view and is larger in adjusted building square feet than the subject and is not the best sale to indicate the subject's value. Out of the 7 comparables sales that the Petitioner provided,comparables#2 and#6 should ae utilized to determine the subject's value as they are the most similar to the subject. [he Property Appraiser's comparable sales#2 and#4 and the Petitioner's comparables#2 and#6 are the best overall ;ales to determine the subject's value as they are the same model as the subject,most similar in floor height and have a similar view as the subject. [he Property Appraiser did not adjust the comparable sales in the market grid for cost of sale.The Property Appraiser lid apply the cost of sale in their evidence and testimony at the hearing.The Property Appraiser took into :onsiderration the 10%for cost of sale in the summary of comparable sales.The subject's cost of sale of 10%for the ubject's use code was found on the DR-493 form provided as evidence by the Property Appraiser. -57- 2024 Page 2 of 4 The Petitioner adjusted the comparable sales 10%in his market grid for the cost of sale. The Property Appraiser made a time adjustment based on the Department of Revenue's 2023 time trend analysis.The Property Appraiser provided a 1 year time trend analysis.The DOR's time trend is for the entire county of Broward and not for the subject's market area. The time adjustment does appear to be appropriate for the subjects market area. The Petitioner stated his time adjustment was from Zillow and was for all of Broward County and not for the subject's market area. The Petitioner's time adjustment does not appear to be appropriate for the subjects market area. The Property Appraiser's comparables#2 and#4 and the Petitioner's comparables#2 and#6 are the best sales to indicate the subject's value as they were overall the most similar to the subject. The comparables should be adjusted appropriately for floor height as below. The Property Appraiser's comparables#2 and#4 and the Petitioner's comparables#2 and#6 should be adjusted as follows: 1201 S. Ocean Drive#1008N--Sold for$690,000,-0-Time Adjustment,+35,000 Inferior Floor Height=$725,000 Adjusted Purchase Price. 1201 S. Ocean.Drive#19065 --Sold for$655,000,-0-Time Adjustment, -5,000 Superior Floor Height=$650,000 Adjusted Purchase Price. 1201 S. Ocean Drive#2004N--Sold for$565,600, -0-Tune Adjustment,-10,000 Superior Floor Height=$555,600 Adjusted Purchase Price. The 3 comparable adjusted sales prices form a range between$555,600 to $725,000. By utilizing the mean, the preliminary value/present cash value for the subject is $643,533. In conclusion,the Special Magistrate recommends the Market/Just Value be changed to$643,533 (Preliminary Value/ Present Cash Value)less 10% (Cost of Sale) $64,353 for a Market/Just Value of$579,180. This change is recommended to comply with the 1st and 3rd criteria. The Petitioner overcame the Property Appraiser's established presumption of correctness because the admitted evidence proves by a preponderance of the evidence that the Property Appraiser's just valuation does not represent just value. The Property Appraiser did not take into consideration F.S. 193.011(1),which is the present cash value of the property, which is the amount a willing purchaser would pay a willing seller,exclusive of reasonable fees andcosts of purchase, in cash or the immediate equivalent thereof in a transaction at arm's length. The Property Appraiser did not take into consideration P.S. 193.011(3),which is the location of said property. Therefore,the Special Magistrate recommends the Just/Market value be changed to$579,180 and the Petition be Granted. Granted by Special Magistrate at Hearing&after Tax Roll, Conclusions of Law for Petition 2024 . Florida Law allows the Property Appraiser to establish a presumption of correctness. For the Property Appraiser to establish a presumption of correctness for the assessment, the admitted evidence must prove by a preponderance of the widence that the Property Appraiser's just valuation methodology complies with Section 193.011,Florida Statutes and professionally accepted appraisal practices. In the instant matter,the Property Appraiser established a presumption of orrectness for the assessment because the admitted evidence proves by a preponderance of the evidence that the iroperty Appraiser's just valuation methodology complies with Section 193.011, Florida Statutes and professionally accepted appraisal practices. Since the Property Appraiser established a presumption of correctness, the Petitioner nust overcome the established presumption of correctness by proving that the admitted evidence proves by a preponderance of the evidence that: (a)the Property Appraiser's just valuation does not represent just value; or(b) the 'roperty Appraiser's just valuation is arbitrarily based on appraisal practices that are different from the appraisal )ractices generally applied by the Property Appraiser to comprre property within the same county. In the instant 2024 Page 3 of 4 matter,the Petitioner overcame the Property Appraiser's established presumption of correctness because the admitted evidence proves by a preponderance of the evidence that(a) the Property Appraiser's just valuation does not represent just value; or(b)the Property Appraiser's just valuation is arbitrarily based on appraisal practices that are different from the appraisal practices generally applied by the Property Appraiser to comparable property within the same county. Further, competent substantial evidence of just value which cumulatively meets the criteria of Section 193.011, Florida Statutes, and professionally accepted appraisal practices exists in the record for Special Magistrate to establish a revised just value. - 59 - 2024. Page 4 of 4 P h) , 0 11 Xir ca 0 ra MIN -13 II 0 0 No cp0 P. —.IC (D C`"‹ CD 03 ..., Fin) ,..... cil rim . PO (elt 3 Oa � � � �♦�� � � 0 +�'AfPARTM4N7 0€ROME �` Mr -P1 M CD TT. ) 111 Cf22 �. 73CD E to C rh co tF Cl)u) _ ,. __ _ IA s SPECIAL MAGISTRATE APPLICATION `rAr INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD (APPLICANTS MUST MEET QUALIFICATIONS OUTLINED IN FLA.STAT.$ 194.035) Please type or print. If more space is needed,attach additional sheets. Applicants may supplement their application with a resume. However, a resume cannot be used in lieu of an application. Application for: ❑Attorney Special Magistrate ElAppraiser Special Magistrate for... ❑Real Property and/or❑Tangible Personal Property If appointed,how much time would you be available to conduct hearings and complete your recommendations? ❑✓ 1 to 8 hours per week; ❑9 to 20 hours per week;❑21 to 30 hours per week;❑31 to 40 hours per week. APPLICANT INFORMATION Name: Robert Busier Home Address: 2711 Old Donald Ross Rd. Palm Beach Gardens,FL 33410 Mailing Address: 2711 Old Donald Ross Rd. Palm Beach Gardens,FL 33410 Business Name: RA-Bus Corp Business Address: 2711 Old Donald Ross Rd. Palm Beach Gardens,FL 33410 Phone: Home/561-310-2449 Business/ 561-310-2449 Cell/ 561-310-2449 Fax: None E-Mall: RaBusCorp@gmail.com DOCUMENTATION REQUIRED Verification of qualifications will be made prior to consideration of this application,pursuant to FS 194.035. • Copy of license referenced below. • Documentation to support membership in professional organizations listed below under Organizations. • A writing sample, which may consist of an opinion letter or other business-related documentation that contains one or more written pages of original material. If you have served as a special magistrate previously,please submit a recommended decision as your sample. Do not submit a copy of an appraisal as a writing sample. • Prior to conducting hearings,all applicants are required under Fla. Stat. § 194.035 to certify completion of the current year training provided by the Department of Revenue. To obtain the training, go online to the Department's website at http://dor.mvflorida.com/dor/property/vab/training.html. Return your completion certificate to the VAB clerk. LICENSURE/EXPERIENCE Attorney Magistrate Applicant: Bar Number: Date of Admission: How many years of experience do you have in the area of ad valorem taxation: Appraiser Magistrate Applicant: Residential Appraiser License#: RD7712 Valid Through: 11/30/2026 General Appraiser License#: Valid Through: Provide number of years of experience you have in the area of real property valuation: 21 Describe experience,and number of years you have in the area of tangible property valuation: NSA Page 1 v01/13/2015 -61 - (**191- SPECIAL MAGISTRATE APPLICATION INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD (APPLICANTS MUST MEET QUALIFICATIONS OUTLINED IN FLA.STAT.$ 194.035) QUALIFICATIONS/EXPERIENCE 1. Educational Background See attached qualifications page 2. List any experience and/or specialty for the following property types: PROPERTY TYPE EXPERIENCE/SPECIALTY Residential Real Property Single Family,Multi Family,Vacant Land,Condominiums Commercial Real Property Tangible Property Other(please specify) 3. If you currently or previously have served as a special magistrate,please provide the municipality or county and dates served. Indian River 2023,Palm Beach 2020,2021,2022,2023,2024, Broward 2022,2023,2024 4. Have you ever been dismissed,terminated or denied appointment as a special magistrate for poor or improper performance? ❑✓ No ❑Yes(please explain) 5. List any additional information which makes you qualified to serve as a special magistrate. Also provide name and contact information of at least two individuals who can attest to your years of experience in ad valorem taxation,tangible personal property or real property appraisals. Mark Holmes-mark@markholmesrealestate.com-561-758-9695 Fred Locke-lockeappraisalgroup@gmail.com-561-512-7904 6. Are you willing to accept the Value Adjustment Board established schedule of fees?0 Yes❑No If no,please indicate your schedule of fees to be charged the board on a one-hour basis. 7. Explain your level of knowledge and experience with computers and list the applications you are familiar with, including Axia. Excel,Word,Axia ORGANIZATIONS 1. List each organization, recognized by the real estate appraisal industry or the professionals in that field, in which you are currently or have previously been a designated member: ORGANIZATION DESIGNATION DATE MEMBER# 2. Of those organizations describe any possible conflict of interest that could occur or the appearance of a conflict of interest that may prevent you from fairly conducting a hearing: N/A Page 2 v01/13/2015 -62 - ,teos SPECIAL MAGISTRATE APPLICATION INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD (APPLICANTS MUST MEET QUALIFICATIONS OUTLINED IN FLA.STAT.§ 194.035) 3. Have you ever been disbarred, suspended or received any other disciplinary action from any organized association,or from the.State of Florida? 0 No 0 Yes(please explain) 4. List any personal or business relationship you have ever had with any officer or employee of the office of the property appraiser,office of the clerk of the circuit court,office of the county attorney or the value adjustment board of any of the counties to which you are applying: N/A 5. List any clubs,organizations,associations,or other entities to which you belong or participate in and in which a possible conflict of interest could occur or the appearance of a conflict of interest might arise that would prevent you from fairly conducting the hearing between the property appraiser and the property owner and taxpayer. N/A CERTIFICATION Pursuant to Fla. Stat. § 194.035,a person cannot serve as a special magistrate if he/she is an elected or appointed official of a county,a taxing jurisdiction,or the state;is an employee of a county,a taxing jurisdiction,or the state; or in the same tax year that he/she services the Board as a special magistrate,represents a party before the Board in any administrative review of property taxes. Are you an elected or appointed official or employee of a county,a taxing jurisdiction,or the state?0 Yes®No If yes,please provide details: The undersigned certifies, under penalty of disqualification from consideration, that each item contained in this application, or any other document furnished by or on behalf of the applicant is true and complete as of the date it bears. The undersigned authorizes the Value Adjustment Board to obtain information from other sources to verify each item contained herein. The undersigned acknowledges that,if selected,he/she will follow all requirements and mandates of law in fulfilling the duties of special magistrate. LCIAA/~'43, t, Date: 5/1/2025 Signature of Applicant Robert Busier Printed Name of Applicant Page 3 v01/13/2015 - 63 - Findings of Fact for Petition 2023-154: At the hearing,the following individuals were present. From the Property Appraiser's Office was Robert Taylor,Alisa Barkett,John Vordermeier,and PAO Attorney Eric Barkett. The Petitioner was represented by their Attorney P.K.Barrie and Stephen M.Boyle with Boyle and Drake,Inc. After both parties were given the opportunity to be heard,special magistrate finds property appraiser's just valuation methodology complies with section 193.011,F.S.,and professionally accepted appraisal practices.Property Appraiser established a presumption of correctness for the assessment. The property appraiser(PAO)submitted evidence consisting of a comparative market analysis(CMA)utilizing seven improved sales which closed between July 2020 and August 2022.The subject is a unit located at 2020 S Highway AlA,within Vero Beach.The subject has 11,808 SF of gross living area(GLA)and originally constructed in 2022. The sales utilized ranged in price from$5,300,000 to$27,000,000(rounded to nearest$1,000).The subject is located on a 5.10 acre lot.The comparable sales are located on lots between 1.03 acres and 5.02 acres.The size of the sales ranged from 7266 SF(GLA)to 28,793 SF(GLA).The just value determination by the PAO of$25,877,648 appears generally supported by the evidence submitted.All of the written evidence and testimony provided by the PAO was reviewed,considered and appropriately weighted by the magistrate in determining the conclusion of law. The petitioner(PET) submitted evidence and testimoney consisting of a Comparative Market Analysis consisting of six sales of improved units from the same general area;the sales closed between July 2020 and September 2022.The sales ranged in price from$8,870,000 to$27,000,000(rounded to nearest$1,000).The living square foot range of these comparables was stated to be between 6714 SF(GLA)to 28,793 SF(GLA).The site size of the comparables ranged from between 1.41 acres and 15.22 acres.The estimate of value based on PET evidence was$20,000,000.The written evidence and testimony provided by the PET was reviewed,considered and appropriately weighted by the magistrate in determining the conclusion of law. A remarkable amount of rebutal was provided by both PAO and PET. Of note from the exchange was that PET agreed with PAO land portion of the just value and only expressed concern with building value. Petitioner overcame the presumption of correctness established at the hearing by the property appraiser's evidence. Petitioner's evidence proved by a preponderance that property appraiser's valuation does not represent just value or is arbitrarily based on appraisal practices that are different from the appraisal practices generally applied by the property appraiser to comparable property in Indian River. There is competent substantial evidence in the record to establish a revised value. Based on the totality of evidence,there were several considerations.The median of the PET sales was$21,220,000 (rounded).The magistrate is of the opinion that due to similarities in site size and location,the most comparable property used among the PAO and PET(and shared by both)was PAO sale 4 and PET sale 6.Magistrate places most weight on this sale.The adjustments for market condition and GLA made by PET to sale 6 resulted in an indicated adjusted sale price of$22,034,900. A value of$22,034,900 was considered and the just value revised to$22,035,000(PAO sale 4 and PET sale 6 with adequate market adjustments rounded to nearest$5,000 increment). Conclusions of Law for Petition 2023-154: Petitioner overcame the presumption of correctness established by property appraiser at the hearing[Section 194.301, F.S.].There is competent substantial evidence in the record to establish a revised just value of$22,035,000[Rule 12D-9.027,F.A.C.].The petition is granted and the assessment shall be adjusted according to this decision. 2023-154 Page 2 of 2 -64- (011 After both parties were given the opportunity to be heard, special magistrate finds property appraiser's just valuation methodology complies with section 193.011, F.S. , and professionally accepted appraisal practices. Property Appraiser established a presumption of correctness for the assessment. The property appraiser (PAO) submitted evidence consisting of a comparative market analysis (CMA) utilizing four improved sales closed between January 2021 and September 2021. The subject is a unit located at 1440 HOLLYWOOD BLVD, within HOLLYWOOD. The subject has 3314 SF of gross living area (GLA) and originally constructed in 1997. The sales utilized ranged in price from $880,000 to $1,000,000 (rounded to nearest $1,000) . The subject is located on a 9679 SF lot. The comparable sales are located on lots between 6053 SF and 12,130 SF. The size of the sales ranged from 2679 SF to 3316 SF (GLA) . After consideration of adjustments, the range of value was between $1,101,000 to $1,235,000 (rounded to nearest $1,000) . A time adjustment of 2.1%/month was utilized by the PAO for all sales occurring prior to the date of valuation. The just value determination by the PAO of $850,480 appears generally supported by the evidence submitted. All of the written evidence and testimony provided by the PAO was reviewed, considered and appropriately weighted by the magistrate in determining the conclusion of law. The petitioner (PET) submitted written evidence consisting of a Comparative Market Analysis consisting of three sales of improved units from the same general area; the sales closed between April 2021 and January 2022. The sales ranged in price from $680,000 to $1,165,000 (rounded to nearest $1,000) . The comparable sales are located on lots between 10,246 SF and 19,843 SF. The living square foot range of these comparables was stated to be between 2516 SF (GLA) to 4895 SF (GLA) . The estimate of value based on PET evidence was the average of their sales less a deduction of 15% for the 1st and 8th factors to arrive at a just value of $825,000. Equal weight was applied to PAO median sale and PET median sale (the subject sale) . As a result, the petition is denied and remains unchanged from the PAO just value of $850,480. Petitioner failed to overcome the presumption of correctness established at the hearing by the property appraiser's evidence. Petitioner's evidence did not prove by a preponderance that property appraiser's valuation does not represent just value or is arbitrarily based on appraisal practices that are different from the appraisal practices generally applied by the property appraiser to comparable property in Broward County. - 65 - Qualifications of Robert A. Busier Business Address RA-Bus Corp 2711 Old Donald Ross Rd. Palm Beach Gardens,Florida 33410 Phone:561-310-2449 Email:RaBusCorp@gmail.com Tax ID#45-5429381 Education Florida Atlantic University—College of Business Bachelor of Science Degree Marketing/Management Real Estate Education 30-Hour Continuting Education(2022) 7-Hour National USPAP Update(2020-2021) 3-Hour Florida Appraisal Law Update—2020 5-Hour Appraisal Regulatory Process-2020 4-Hour The Inspection-2020 4-USPAP Compliant Appraisal Reviews-2020 7-Hour Small Residential Income Property-2020 L&R-Appraisal Laws and Rules—2018 N/USPAP-USPAP UPDATE—2018 APPRAISER VS FORM FILLER -2018 NEIGHBORHOOD MARKET ANALYSIS—2018 BACK 2 BASICS—2018 FHA PROPERTY ANALYSIS-2016 BETTER SAFE THAN SORRY—2016 LAW AND STANDARDS -2016 - 66 - Qualifications of Robert A. Busler (Continued) Real Estate Education (Continued) 7 HOUR USPAP UPDATE-2016 L&R-Appraisal Laws and Rules Appraisal Review of Residential Properties Green in Residences and Appraisals Methodology and Application of Sales Comparison USPAP 7 Hour Updates Florida Real Estate Appraisal Laws and Rules Even Odder:More Oddball Appraisals Dirty Dozen Florida Appraisal Laws and Regulations FHA Today The Nuts and Bolts of Green Building for Appraisers Supervisor/Trainee Roles&Relationships National USPAP Update Mastering Unique&Complex Appraisals Florida Appraisal Law Update IAAO 101 -Fundamentals of Real Property Appraisal IAAO 102-Income Approach to Valuation IAAO 300-Fundamentals of Mass Appraisal IAAO 601-Cadastral Mapping Methods and Applications -67 - Qualifications of Robert A. Busier (Continued) Professional Experience August 2017—Present Mueller Reports-RA-Bus Corp—EXP Realty,LLC Palm Beach Gardens,Florida Staff Appraiser Mueller Reports/President,RA-Bus Corp—Associate/Consultant,EXP Realty,LLC June 2012—August 2017 Property Tax Professionals-Landmark Realty Professionals Palm Beach Gardens,Florida Associate/Consultant 2008—June 2012 Palm Beach County Property Appraiser—Commercial Department West Palm Beach,Florida Appraiser II 2004—2008 Palm Beach County Property Appraiser—Condominium Department West Palm Beach,Florida Appraiser I -68 - Qualifications of Robert A. Busier (Continued) Licenses Licensed Real Estate Sales Associate License No.3269790-Florida State-Certified Residential Real Estate Appraiser License No.RD7712—Florida f i '?r 4 Ron DeSantis,Governor Melanie S.Griffin,Secretary ,iT Ddb . STATE OF FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION 1 FLORIDA ': '..r-::e RAISAL BD THE CERTIFIED RESID: t4 , -.„:1_,..,r.. r `a'a ' TIED UNDER THE I PROVISI•.''x,. r ' "> 3 1,:.‘1, • t,TUTE.S . �, .:, • . \A`t s 1 1� g t eL a 1( V t� a j ai * it. 'r.rS f!FII1% rc"t'c ' i.-?,v.,,,,,,,,,,, * 7 a 7 1.t 3 a i Ij[ J 6 � � a\ a rt%!..v.,.--...4.., 4 at, rJ ..r't.. ,S 1 ... ,6-4t ,0,,� ?.f..�'; , *�/ aa` � _ r a _ r, i w / t • ( 1 EXPIRATION DATE 'MEMBER 30,2026 I Always verify licenses online at MyFlorldaLkense.com i I IR -,.„6.❑ ISSUED:11/04/2024 1 ,a � Do not alter this docoment In any form. { 0 This Is your license.It is unlawful for anyone other than the licensee to use this document. ',.. E 4.�. a :...,._ .•. _. ..2._ .. ., -� ._.. .,�,.� ,,.,... .,, .,...x <, ,.n.». -69- JI' SPECIAL MAGISTRATE APPLICATION �, ; INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD Ptoit - (APPLICANTS MUST MEET QUALIFICATIONS OUTLINED IN FLA.STAT.S 194.035) Please type or print. If more space is needed,attach additional sheets. Applicants may supplement their application with a resume. However, a resume cannot be used in lieu of an application. Application for: ❑ Attorney Special Magistrate 12 Appraiser Special Magistrate for ✓❑Real Property and/or [Tangible Personal Property If appointed,how much time would you be available to conduct hearings and complete your recommendations? ❑ 1 to 8 hours per week;❑ 9 to 20 hours per week;❑ 21 to 30 hours per week;I 31 to 40 hours per week. APPLICANT INFORMATION Name: Scott Sehr Home Address: 4672 SW Carib St,Port St Lucie,FL 34953 Mailing Address: 4672 SW Carib St,Port St Lucie,FL 34953 Business Name: Scott Sehr Inc Business Address: 1440 Coral Ridge Dr#124,Coral Springs,FL 33071 Phone: Home/ Business/ 954-254-6740 Cell/ 954-254-6740 Fax: E Mail: ssincfl@gmail.com DOCUMENTATION REQUIRED Verification of qualifications will be made prior to consideration of this application,pursuant to FS 194.035. • Copy of license referenced below. • Documentation to support membership in professional organizations listed below under Organizations. • A writing sample, which may consist of an opinion letter or other business-related documentation that contains one or more written pages of original material. If you have served as a special magistrate previously, please submit a recommended decision as your sample. Do not submit a copy of an appraisal as a writing sample. • Prior to conducting hearings, all applicants are required under Fla. Stat. § 194.035 to certify completion of the current year training provided by the Department of Revenue. To obtain the training,go online to the Department's website at http://dor.myflorida.com/dor/property/vab/training.html. Return your completion certificate to the VAB clerk. LICENSURE/EXPERIENCE Attorney Magistrate Applicant: Bar Number: Date of Admission: How many years of experience do you have in the area of ad valorem taxation: Appraiser Magistrate Applicant: Residential Appraiser License#: RD5072 Valid Through: 11/30/2026 General Appraiser License#: Valid Through: Provide number of years of experience you have in the area of real property valuation: 20+years Describe experience,and number of years you have in the area of tangible property valuation: Page 1 v01/13/2015 - 70 - l SPECIAL MAGISTRATE APPLICATION INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD (APPLICANTS MUST MEET QUALIFICATIONS OUTLINED IN FLA.STAT. 194.035) QUALIFICATIONS/EXPERIENCE 1. Educational Background 2. List any experience and/or specialty for the following property types: PROPERTY TYPE EXPERIENCE/SPECIALTY Residential Real Property Single family attached,detached,condo,and vacant land Commercial Real Property Tangible Property Other(please specify) 3. If you currently or previously have served as a special magistrate,please provide the municipality or county and dates served. Broward County 2010 to present,Martin County 2014,2015,2016,2024,Indian River County 2023,2024 4. Have you ever been dismissed,terminated or denied appointment as a special magistrate for poor or improper performance? ❑✓ No ❑Yes(please explain) None 5. List any additional information which makes you qualified to serve as a special magistrate. Also provide name and contact information of at least two individuals who can attest to your years of experience in ad valorem taxation,tangible personal property or real property appraisals. Independent,impartial,unbiased with various types of valuation experience(traditional fee appraiser,review appraiser,prior expert witness and Special Magistrate experience). Broward County VAB 954-357-7205 6. Are you willing to accept the Value Adjustment Board established schedule of fees?g Yes❑No If no,please indicate your schedule of fees to be charged the board on a one-hour basis. 7. Explain your level of knowledge and experience with computers and list the applications you are familiar with, including Axia. Windows,Office suite,web browsers,Zoom/Teams,Axia ORGANIZATIONS 1. List each organization, recognized by the real estate appraisal industry or the professionals in that field, in which you are currently or have previously been a designated member: ORGANIZATION DESIGNATION DATE MEMBER# 2. Of those organizations describe any possible conflict of interest that could occur or the appearance of a conflict of interest that may prevent you from fairly conducting a hearing: N/A Page 2 v01/13/2015 - 71 - � �� SPECIAL MAGISTRATE APPLICATION �Q) INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD (APPLICANTS MUST MEET QUALIFICATIONS OUTLINED IN FLA.STAT.$ 194.035) 3. Have you ever been disbarred, suspended or received any other disciplinary action from any organized association,or from the State of Florida? ❑✓ No ❑Yes(please explain) None 4. List any personal or business relationship you have ever had with any officer or employee of the office of the property appraiser,office of the clerk of the circuit court,office of the county attorney or the value adjustment board of any of the counties to which you are applying: None 5. List any clubs,organizations,associations,or other entities to which you belong or participate in and in which a possible conflict of interest could occur or the appearance of a conflict of interest might arise that would prevent you from fairly conducting the hearing between the property appraiser and the property owner and taxpayer. None CERTIFICATION Pursuant to Fla. Stat. § 194.035, a person cannot serve as a special magistrate if he/she is an elected or appointed official of a county,a taxing jurisdiction,or the state; is an employee of a county,a taxing jurisdiction,or the state; or in the same tax year that he/she services the Board as a special magistrate,represents a party before the Board in any administrative review of property taxes. Are you an elected or appointed official or employee of a county,a taxing jurisdiction,or the state?❑Yes gi No If yes,please provide details: The undersigned certifies, under penalty of disqualification from consideration, that each item contained in this application, or any other document furnished by or on behalf of the applicant is true and complete as of the date it bears. The undersigned authorizes the Value Adjustment Board to obtain information from other sources to verify each item contained herein. The undersigned acknowledges that, if selected, he/she will follow all requirements and mandates of law in fulfilling the duties/of special magistrate. Date: 05/02/2025 Signature of Applicant Scott A. Sehr Printed Name of Applicant Page 3 v01/13/2015 - 72 - Loom CLI LL:) • Z OC w o L11".. _ E v Jo CD c D w1:1 N co tri J 0 w /� rrwrlsAaVys r,* •_ C`1 W *�s. r!'rY,,yam ++ 11 .7, Z I— .'"i4.4* rWALW411 w''''.. N E C1J (/) c4 ,0 tie ►,•� '� 0 c o u 1 f t ' as '�t y o a� Q w g „,,,...4,,,, , 4 i '++"" . .. k ; aKM. rem c O LL • + #+. � ! 'Cr 4 r `° *' CX 0 l ey +' wco +, L. J (33 a f' y ktir NII „ •.iI)� � ,,,, , •,ivis.��Lr' 4�r. o t O .J O O 1J c O < v I ®, 1” 5 �i r 1 {,{S tr;!. *kV 4, i i firs NM — 3 vs 0 `ce* 7 A r ,tY- ."-`t 1 O .._,....i � ii t „ • g I 0 (a co �#. !. �; aa #1+ CIJ i > o - O O N w.,,. w arFw*r►fr 00 1 J 0 > 3 a o Z LL w Q c E a ILn" w o CD M f r w 0 2 c LV I- 0 cc 0 t; P • _._ v. __..__. .. - 71 - References Madeline Ayala 954-357-5961 Tanina Canals 954-357-8092 Adrian Graham-Cooper 954-357-7300 - 74 - The Appraiser Special Magistrate(SM)conducted a hearing that occurred on Nov 14,2024 for the correctness of the 2024 Just/Market Value of 211 Beachside Dr(31-39-23-00011-0000-00021.0)in Vero Beach.At the hearing were the Special Magistrate,clerk(Terri),representatives from Indian River County Property Appraisers Office(PAO) and James Calkins the petitioner(PET)with Janice Cosden& Alexandra Mishler from Cosden-Mishler Appraisers. Both parties presented evidence in support of their opinions for the subject value The PAO evidence consisted of a cover page, information/evidence request letter,evidence exchange 12D-9.020 document,methodology and consideration page, 193.011 Factors to consider document, emails from PET,copies of the PET appraisal,subject property card,subject MLS from the 2023 sale, land value analysis,aerial photos of subject and comparables,comparable grid,map of subject/comparables, property cards/aerial photos of the comparables and case law documents.A 15% cos (cost of sale) adjustment was considered. The PET evidence consisted of an appraisal on a GP Residential form,assessment comparison pages, property cards for subject/comparables and time trend submitted as rebuttal/additional data. All documents were admissible,and all evidence was admitted into evidence without objection. Upon examination of the evidence submitted,the PAO provided a grid with four sales(two shared with the PET).The PAO applied adjustments in the grid for size,bathrooms,effective age,WFF(water front footage),location and cos. No adjustments were applied for the subject having a much larger garage size than the comparables. The four sales provide an average adjusted value of$11,607,050. The PAO provided a vacant land analysis that showed the increasing land values from 2021 through 2023.The first page of the land analysis showed a price per sf and WFF breakdown. The second page of the land sales showed increase in sale prices for parcels that had a sale and then a subsequent sale with the minimum increase of 4%monthly from 04/2021 to 05/2022.The other sales had 6%monthly from 06/2021 to 01/2023 and the third was a 40%increase in 3 months(flip sale).This data does provide sufficient support for the subject land value portion at$3,093,179($25,354 WFF/between$81-82 per sf). The PAO commented on the vacant land sale in Apr 2021 that was next to the subject. The aerial imagery shows the site was vacant/raw land on the effective date(photo flight date was Jan 2,2024 per PAO).This parcel has less buildable land,less front footage with a wider WFF view.The land sale value plus an increase on the low end still supports the land assessment portion. - 75 - The PET provided three copies of appraisals on the subject property.Their original submission to the PAO was not considered as it had four 2024 sales and one 2023 sale with an effective date of Sept 2024 which is after the effective date of value for this hearing(Jan 1,2024 value date).That appraisal had a value of$10,065,000.Comparable 5 was actually a 2023 sale per the other appraisals and the PAO grid as this was a shared sale from Nov 2023. There was a second appraisal presented which had six sales(4 from 2023,2 from 2019)which had a value of$10,280,000(signature date 10/22/2024,effective date 12/31/2023). The third appraisal is the one reviewed for this hearing. It had the same six sales as the second appraisal plus an additional seventh sale(included as comp 5)which changed the value to$9,980,000(signature date 10/30/2024). The PET presented one-line grids of the assessed values of the other beachfront properties in the subject subdivision.This data is not relevant in this instance as the PAO does not compare assessments due to differences in sale dates,homestead exemptions, portability etc.The PAO commented on the changes to the market values that fluctuate with market area values with the owners having protections/caps in the Assessed/SOH value lines. The owner stated they purchased the dwelling with the furniture;however,without a tangible property appraisal and a separate real estate appraisal from time of sale,the sale price is considered for the real estate.Typically,when the furnishings are left,it's for seller convenience(time,sell,donate,move items etc),to entice a buyer,AirBnB/short term rental etc. In the hearing folder was page 1 of the subject purchase contract.The contract indicated the items to be included in the sale per MLS listing and furniture as seen on 12/14/2022.The MLS was provided in the PAO evidence which did not provide details or photos of the personal items.The contract did indicate that the vehicles in the garage, artwork, Ferrari dinnerware,wine,glasses,statues,glass turtle in billiard room and other personal items were not included in the sale, hence,the remaining items left did not have value to the seller. The PAO and PET utilize two sales in common. 910 Reef Rd was adjusted for inferior location by the PAO. The PET indicated the site size offset the location adjustment which is not supported as the site size is similar and the WFF differs by 2 If which did not warrant an adjustment.The PET should have applied a location adjustment based on the data presented. The condition/quality,effective age,size and bathroom adjustments are similar from both parties. - 76 - 8150 Highway A1A was also similarly adjusted by both parties except the location adjustment by the PET. Without the location adjustment the adjusted values from both parties are less than$200,000 apart(less than 2%difference). PAO sale 2 is the high sale from both parties.The PAO applied a large effective age adjustment for being newer construction (no data provided to confirm/dispute the adjustment)and appeared reasonable and similar to the other comparable adjustments. 1916 Ocean Dr had an inferior age/effective age adjustment that was large. No MLS data was presented to validate/dispute the adjustment. The PAO provided the adjustment amounts on the bottom of their grid which appear reasonable for large luxury ocean front properties. The PET had seven comparables.Comparable 5 was excluded per the PAO indicating it was an auction sale and not a typical arms-length transaction.Comp 5 had a 100%overall increase from sale price to the adjusted value further reducing the credibility of this sale. Comparables 6&7 were from 2019. The PET did apply an increasing trend adjustment which the SM did not deem fully supported.The PET provided a one-line grid to support the adjustments; however,the data was not just for similar properties. A brief synopsis of the data showed majority of the sales were inferior properties with sale prices below$5million.There were 6 of 18 above$5M for 2019,4 of 30 in 2020, 11 of 38 in 2021,5 of 11 in 2022 and 4 of 13 in 2023.A further analysis shows number of sales above$9M to be 1 for 2019&2020,4 in 2021,2 in 2022 and 3 in 2023. Looking at the data the size of the dwellings is important with the number of properties above 8,000 sf were 4 in 2019,5 in 2020,6 in 2021, 1 in 2022 and 3 in 2023. The three large sales in 2023 were the subject sale at$13M and two others at$22M&$22.5M. These sales over 8,000 sf in size are mostly much higher in value than the smaller dwellings reducing the credibility of the trend. Insufficient data was available on these sales to determine size,condition,location etc prior to extracting a trend adjustment. PET sale 2 is not deemed comparable with a GLA almost half the subject size with a 0.3 acre parcel which is not comparable to acre+/-properties. The PET adjusted value is 276%higher than the actual sale price. A$2.5M view adjustment lends support for not being comparable as the ocean view is not direct. PET sale 3 is insufficiently adjusted being a riverfront property and not oceanfront.This sale would require different adjustments for WFF as the oceanfront properties have view while the riverfront properties dock sizes/depth of water become most important for boat/yacht owners. The PET included the guesthouse living areas of the comparables in the overall gla which may or may not be fully supported.The SM did not have additional supporting/market area data to verify the -77- adjustments applied this way.The PET had additional trivial adjustments for elevator,summer kitchen, seawall that were not fully supported. The PAO utilized the averages from the adjusted value of the comparables.The PET provided a weighted average based on adjustment percentages.The PET placed most weight on the least comparable riverfront property. The SM calculated the PAO 4 sales as shown in their grid which returned a value of$11,607,050 after the cos. The same 4 sales with the PET values for the shared sales with the location adjustment removed from 8150 Hwy A1A and the location adjustment added to 910 Reef Rd provide an average value of$11,102,460. The subject sale with the 15%cos applied is$11,050,000. The subject sale by itself indicates a revision is warranted. The subject value prior to the hearing of$11,126,326 is higher than the best data shows indicating a revision is warranted. In conclusion,it is the magistrate's opinion that the PAO&PET sales provided sufficient credible data to determine a supported Just value for the subject. Factoring all the evidence provided,$11,050,000 is a supported Just Value for the subject. The PET request for a value revision is approved based on the evidence presented. - 78 The Appraiser Special Magistrate(SM)conducted a hearing that occurred on Nov 14,2024 for the correctness of the 2024 Just/Market Value of 2305 86 Ave SW(33-38-35-00001-0140-00001.0) in Vero Beach.At the hearing were the Special Magistrate,clerk(Terri),representatives from Indian River County Property Appraisers Office(PAO)and Edward Kuvlesky/Best Choice Properties 2 LLC the petitioner(PET). Both parties presented evidence in support of their opinions for the subject value The PAO evidence consisted of a cover page, information/evidence request letter, evidence exchange 12D-9.020 document, methodology and consideration page, 193.011 Factors to consider document, email from PET,subject property card,aerial/interior subject photos,comparable grid,map of subject and comparables,property cards and aerial photos of the comparables.A 15%cos(cost of sale) adjustment was considered. The PET evidence consisted of an email with VAB,land survey,floorplan pages,construction cost pages (typed budgets,invoices,quotes,receipts etc). All documents were admissible, and all evidence was admitted into evidence without objection. Upon examination of the evidence submitted,the subject is a 17.2 acre parcel with a 4,800 sf structure. At the hearing the PAO and PET both indicated the structure does not meet code to be a habitable dwelling and is a partially overimproved barn (upgraded kitchen,A/C areas,not a typical horse/animal farm barn.The structure has 1,600 sf garage area and 4,800 sf enclosed A/C area.There are interior finishes of electric, plumbing,drywall, interior walls, kitchen,bathrooms to facilitate an office/business/working area. The VAB presented a comparable grid with three sales including the subject 2023 transaction. PAO sale 1 was the subject sale.Sale 2 is a 12.5 acre parcel with a 2660 barn/stable area and 1440 sf living area (A/C,kitchen,bathrooms etc).Sale 3 has 18.72 acres with a small open pole barn (420 sf).The PAO addressed the differences in land value from sales 2&3 north/east of 1-95 location to the subjects south location west of 1-95.The wind load construction codes were discussed which the subject building as built cannot be habitable for living purposes and can function as a business/farm structure. The PET provided construction costs which appear to adequately cover the structure, plumbing(rough in-not finished bathrooms),electrical costs,A/C and partial cost of the septic system (invoice had a discounted total of$4,500 with only$2,250 on the full budget sheet.These were older costs with invoice dates back in 2021.The PAO commented on the increase in construction costs.The cement - 79 - invoice did not include all costs associated with Jeff Wilson Masonry Services portion of the work.The invoice indicated additional costs the owner at that time was responsible for that were not noted in the budget sheet: permit, dumpster for site, dumpster for concrete washout,power(electric cost on budget sheet do not show main feed costs)with the water costs appearing on the budget from Robert Scarborough Wells. The total budget of$163,111 is considered to be low for costs as of the Jan 1,2024 effective date. Plus these additional items which were not in the budget;cost of sand for septic(invoice indicated not included in price),material&labor for kitchen, bathrooms, interior walls etc that did not appear to be included in the budget.The kitchen, bathrooms,walls etc have value for functionality allowing for multiple different usages of the structure. The PAO and PET somewhat agree on the land values based on the location of the parcel with similar access dirt roads. The area where they disagree is with the additional structure value. PAO sale had a 420 sf open pole barn which has minimal value and is basically a large parcel with a tree farm. The PAO did provide a building value of$264,155 for sale 2 having a small living area of 1,140 sf,380 sf non-A and carport C barn area of 2,660 sf which is an older structure built in 2011. p non-A/C byboth parties.The SM concurs on the low side with the PAO land The SM reviewed the data P value portion of the assessment at$219,300.The structure value prior to the hearing of$423,318 appears high as the dwelling cannot be lived in as a typical home due to not meeting code for a full-time living dwelling. The building does have value being composed of a 1,600 sf garage/storage area and 4,800 sf of A/C enclosed semi-finished area.The construction costs provided a staring point for valuation for the structure(shell), partial electric/plumbing and A/C.The cost was from 2021 per invoice dates and would require modification to costs on the effective date.The SM also considered the finishings for the subject(kitchen,bathrooms, interior walls etc)and other construction costs not included in the budget when comparing to PAO sale 2 structure. PAO sale 2 building breakdown is noted to be 27%living-A/C area,9%carport and 64% barn/stable.The subject structure has 25%for the garage area and 75%for the A/C-enclosed area. These figures along with building budget costs were considered in the building valuation.Overall for all areas combined the subject is 33% larger in size and sale 2 A/C area is less than 25%of the subject A/C area. The subject incomplete building budget with a 20-25%cost increase,additional costs for construction items not included in the budget,finishings as mentioned previously and the full size of the structure is reasonably supported at a value of$300,000(approx$47 per sf x 6,400 sf). The building has significant value as it has a large area under A/C,which can be utilized for business/farm support purposes and the additional large garage area which has many uses. The SM considered the structure to have substantial value due to its overall size and utility(larger than typical garage area and 4,800 sf under A/C allowing for a myriad of usage other than living area (ag and other commercial use). Having electric and plumbing(well/septic) in place is a plus for further expanding on parcel improvements. - 80 - Taking the land value of$219,300 and an existing structure value of$300,000 returns a value of $519,300 for the subject. The subject was purchased for$800,000 with a non-habitable structure. Original purchase price was $1,000,000 and reduced to$800,000 per PET prior agreement if the dwelling could not be habitable. The value of$519,300 is more than sufficient to cover the 15%cos(cost of sale) adjustments(approx 35%from purchase price).This value is based on the land and structure maintaining AG usage.Any changes to the parcel would warrant modifications to the assessment. The subject Just/Market value prior to the hearing of$642,618 is higher than the data shows indicating a revision is warranted. In conclusion, it is the magistrate's opinion that the PAO sales, PET cost analysis and additional evidence provided sufficient credible data to determine a supported Just value for the subject. Factoring all the evidence provided,$519,300 is a supported Just Value for the subject. The PET request for a value revision is approved based on the evidence presented. - 81 - stye: SPECIAL MAGISTRATE APPLICATION • INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD "toxma j (APPLICANTS MUST MEET QUALIFICATIONS OUTLINED IN FLA.STAT.§ 194.035) Please type or print. If more space is needed,attach additional sheets. Applicants may supplement their application with a resume. However, a resume cannot be used in lieu of an application. Application for: 0 Attorney Special Magistrate ElAppraiser Special Magistrate for... 0 Real Property and/or 0 Tangible Personal Property If appointed,how much time would you be available to conduct hearings and complete your recommendations? 0 1 to 8 hours per week;p 9 to 20 hours per week;0 21 to 30 hours per week;❑31 to 40 hours per week. APPLICANT INFORMATION Name: Douglas B.Lawson Home Address: 7500 SE Waxberry Circle,Hobe Sound,FL 33455 Mailing Address: 7500 SE Waxberry Circle,Hobe Sound,FL 33455 Business Name: Lawson Appraisal Service,LLC Business Address: 7500 SE Waxberry Circle,Hobe Sound,FL 33455 Phone: Home/561-329-1205Business! 561-329-1205 Cell/ 561-329-1205 Fax: none E Mail: dlawsonmal@gmail.com DOCUMENTATION REQUIRED Verification of qualifications will be made prior to consideration of this application,pursuant to FS 194.035. • Copy of license referenced below. • Documentation to support membership in professional organizations listed below under Organizations. • A writing sample, which may consist of an opinion letter or other business-related documentation that contains one or more written pages of original material. If you have served as a special magistrate previously,please submit a recommended decision as your sample. Do not submit a copy of an appraisal as a writing sample. ▪ Prior to conducting hearings,all applicants are required under Fla. Stat. § 194.035 to certify completion of the current year training provided by the Department of Revenue. To obtain the training,go online to the Department's website at http//dor.myflorida.com/dor/property/vab/training.html. Return your completion certificate to the VAB clerk. LICENSURE/EXPERIENCE Attorney Magistrate Applicant: Bar Number: Date of Admission: How many years of experience do you have in the area of ad valorem taxation: Appraiser Magistrate Applicant: Residential Appraiser License#: Valid Through: h: 11/30/26 Rz170 Valid Through:General Appraiser License#: g Provide number of years of experience you have in the area of real property valuation: 46 Describe experience,and number of years you have in the area of tangible property valuation: Page 1 v01/13/2015 -82 - Cs `, SPECIAL MAAINDIAN RIVER COUNTY VALUEGISTRADJUSTMENTTEAPPLICATIONARD BO ta1- (APPLICANTS MUST MEET QUALIFICATIONS OUTLINED IN FLA.STAT.§194.035) QUALIFICATIONS/EXPERIENCE 1. Educational Background Bachelor of Science in Business Administration majoring in Real Estate from University of Florida,1978 Palm Beach Community College 2. List any experience and/or specialty for the following property types: PROPERTY TYPE EXPERIENCE/SPECIALTY Residential Real Property Appraised and Reviewed wide variety of Residential property—46 years Commercial Real Property Appraised and Reviewed wide variety of Residential property—46 years Tangible Property Other(please specify) CMBS Appraisal Reviewer for 6 years 3. If you currently or previously have served as a special magistrate,please provide the municipality or county and dates served. Palm Beach County:20 of the past 38 years,last year served 2024.Martin County:2013-2017,2023-2024 Broward County:2014-2017,2024,Miami/Dade County 2013-2017,Brevard County:2023-2024,St.Lucie County 2024 4. Have you ever been dismissed, terminated or denied appointment as a special magistrate for poor or improper performance? ❑✓ No ❑Yes(please explain) 5. List any additional information which makes you qualified to serve as a special magistrate. Also provide name and contact information of at least two individuals who can attest to your years of experience in ad valorem taxation,tangible personal property or real property appraisals. Glenn Lazarus,MAI,CCIM glennlazarus@situsamc.com 561-314-2973 John McDonald john@lowpropertytax.com 561-627-6551 6. Are you willing to accept the Value Adjustment Board established schedule of fees?gl Yes❑No If no,please indicate your schedule of fees to be charged the board on a one-hour basis. 7. Explain your level of knowledge and experience with computers and list the applications you are familiar with, including Axia. Proficient In all related software products and experienced in Axia. ORGANIZATIONS 1. List each organization, recognized by the real estate appraisal industry or the professionals in that field, in which you are currently or have previously been a designated member: ORGANIZATION DESIGNATION DATE MEMBER# Appraisal Institute MAI 1987-2025 7581 2. Of those organizations describe any possible conflict of interest that could occur or the appearance of a conflict of interest that may prevent you from fairly conducting a hearing: None Page 2 v01/1312015 -83 - veR�. SPECIAL MAGISTRATE APPLICATION */ INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD mA (APPLICANTS MUST MEET QUALIFICATIONS OUTLINED IN FLA.STAT.& 194.035) 3. Have you ever been disbarred, suspended or received any other disciplinary action from any organized association,or from the State of Florida? ®No ❑Yes(please explain) 4. List any personal or business relationship you have ever had with any officer or employee of the office of the property appraiser,office of the clerk of the circuit court,office of the county attorney or the value adjustment board of any of the counties to which you are applying: None 5. List any clubs,organizations,associations,or other entities to which you belong or participate in and in which a possible conflict of interest could occur or the appearance of a conflict of interest might arise that would prevent you from fairly conducting the hearing between the property appraiser and the property owner and taxpayer. None CERTIFICATION Pursuant to Fla. Stat. § 194.035, a person cannot serve as a special magistrate if he/she is an elected or appointed official of a county,a taxing jurisdiction,or the state;is an employee of a county,a taxing jurisdiction,or the state;or in the same tax year that he/she services the Board as a special magistrate,represents a party before the Board in any administrative review of property taxes. Are you an elected or appointed official or employee of a county,a taxing jurisdiction,or the state?❑Yes®No If yes,please provide details: The undersigned certifies, under penalty of disqualification from consideration, that each item contained in this application, or any other document furnished by or on behalf of the applicant is true and complete as of the date it bears. The undersigned authorizes the Value Adjustment Board to obtain information from other sources to verify each item contained herein. The undersigned acknowledges that, if selected, he/she will follow all requirements and mandates of law in fulfilling the duties of special magistrate. Date:6/9/2 5 Signature of Applicant Douglas B.Lawson,MAI Printed Name of Applicant Page 3 v01/13/2015 - 84 - DOUGLAS B. LAWSON,MAI QUALIFICATIONS Works as a real estate appraiser and consultant. Mr. Lawson has been actively engaged in various phases of real estate valuation since 1977. He has prepared appraisals encompassing most of the major categories of land and buildings.He has also been actively involved in the review process of appraisals and serves as a Special Magistrate for several Florida counties. Mr. Lawson has been a resident of Palm Beach and Martin County, Florida, since 1955, currently residing in Hobe Sound.He received his secondary education from the University of Florida, where he graduated in 1978 with a Bachelor of Science degree in Business Administration. PROFESSIONAL AFFILIATIONS Member of the Appraisal Institute--MAI Certification No. 7581 Qualified as an expert witness in Circuit Courts of Palm Beach and Martin Counties, as well as in Federal Bankruptcy Court Board of Directors, South Florida Chapter of the Appraisal Institute, 1999-2003 Licensed as a Broker with Florida Real Estate Commission--License BK3001120 State-Certified General Real Estate Appraiser,License RZ170,State of Florida, Department of Business and Professional Regulation,Real Estate Appraisal Board through November 30,2026 Mr. Lawson has appraisal experience in 45 states and is currently licensed as a real estate appraiser in Florida, Georgia,Washington,West Virginia,Nebraska, Illinois and Indiana. APPRAISAL EDUCATION BSBA University of Florida, 1978,majoring in Real Estate and Urban Land Development Appraisal Institute: Comprehensive Examination--Challenged and Passed, 1987 Completed several hundred hours of a coursework and Continuing Education including: Standards and Ethics for Professionals Florida Appraisal Laws and Regulation Business Practices and Ethics Appraising High Value and Historic Homes - 85 - RECENT APPRAISAL EXPERIENCE Principal,Lawson Appraisal Service,LLC,Real Estate Appraisal and Consulting Firm, Palm Beach Gardens,Florida--2009-2018,2023-2024 Review Appraiser, SitusAMC,national appraisal management company,Houston,New York,West Des Moines and Boca Raton,Florida--2018-present Special Magistrate Service: Palm Beach County Value Adjustment Board: 1987 through 1992,2000,2002 and 2003 through 2008, 2012 through 2014,2017,2023, 2024 Martin County Value Adjustment Board: 2012-2017,2023, 2024 Broward County Value Adjustment Board: 2014-2017,2024 Brevard County Value Adjustment Board: 2023, 2024 Indian River County: 2023,2024 Miami-Dade County:2013-2017 TYPES OF PROPERTY APPRAISED All primary residential types of property (single family homes,historic homes,high- value homes, duplexes,multi-family projects, subdivisions, condominium units and projects etc.)for individuals, corporations, banks, attorneys,governmental agencies, insurance companies and mortgage companies. -86 - ,. ._ 4 3,, Ron DeSantis,Governor Melanie S.Grifln.Secretary LILO'io,r- Xe { STATE OF FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION FLORIDA REAL ESTiNT . 1P. RAISAL BD THE CERTIFIED GEN RTIFIED UNDER THE PROVISI F ti y x } '=r e rr`TATUTES I I �` f . 4y I I ,••- r„ • • r-. • r. r • r,�aaar.. 1 t' t' F )~� et, [t' t f• • ,gRvj � I,:4s n AV fitr ` 4;6: r— Lfc _t AMBER:"",. 0 EXPIRATION DATE: NOVEMBER 30,2026 Ij Always verify licenses online at MyFloridalicense.com ti !AO ISSUED:11/19/2024 , r. Do not alter this document in any form. . ';'1,,,4-1; This is your license It is unlawful for anyone other than the licensee to use this document. Al Continuing Education:An Overview Account S:50109 Practicing Status:Practicing Status:0eel:nated.Me nber-CE Renewal(Required) Need Help? Al CE Cycle Start:01109(2024 (866)756-4624 Al CE Cycle End:060012029 custemerservice@appraisalinstitute.org toga /wsecxed n.underer.ieh ?re,r Fair Housing Pending Completion by Jun 302023 Standards Pending Completion by Jun 302029 AI Business Practices and Ethics ,!• Pending Completion by Jun 30 2029 500 Points Click the above link(500 points)to access your point iota/. •PrPOI eJ Dirac e,rd service bent sutEdor P,O,da,s V.a saint oI F.tn•at CS debuts Pending Points -n<pa i s•r.lc t ru Iha Al and ria rpal*std a profnsswn ... .. PI Continuing Erb/4*ton An°w*vwa _87_ Year courses completed Hours Date 2019 2019 R E Forum- 8 £/7/2019 West Virginia Appraisal taw 3 7/2/2019 Florida Appraisal Laws and Rags 3 11/15/2019 Business Practices&Ethics 6 12/6/2019 2020 Artificial Intelligence 4 1/24/2020 2020-2021 USPAP McKissoek 7 2/18/2020 Sexual Harassment IL 1 3/10/2020 supervisory appraiser 4 4/15/2020 2021 Commercial Appraisal Review 7 G/15/2021 The Income approach 7 8/20/2021 Bifurcated and Hybrid Appraisals 3 11/28/2021 2022 New Construction-Luxury Homes 3 2/17/2022 2022 USPAP McKissock 7 2/17/2022 Supporting Your Adjustments 3 3/22/2022 Commercial Land Valuation 4 4/7/2022 Appraisal of Industrial&Flex Bldgs 7 4/16/2022 Florida Law 3 6/15/202.3 West Virginia Appraisal Law 3 7/22/202' 2023 Understanding Luxury Home Features 7 3/20/2023 Valuation of Residential Green Buildings 4 3/28/2021 Appraisal of Fast Food Facilities 7 4/3/2023 Divorce and Estate Appraisals 4 5/21/2023 2024 2024-2025 USPAP McKissock 7 9/3/2024 Complex Property Appraisal 7 9/26/202' - 88 - DR-485V DECISION OF THE VALUE ADJUSTMENT BOARD R.01/17 VALUE PETITION Rule 120-16.0 02 F.A.C. EfP.01/17 Broward County FLORIDA The actions below were taken on your petition. �✓ These actions are a recommendation only, not final ❑These actions are a final decision of the VAB If you are not satisfied after you are notified of the final decision of the VAB,you have the right to file a lawsuit in circuit court to further contest your assessment. (See sections 193.155(8)(1),194.036,194.171(2),196.151,and 197.2425, Florida Statutes.) Petition# 2024-02950 Parcel ID 494218160300 Petitioner name FLANAGAN BILTON Property 3520 NW 56 ST The petitioner is: ❑taxpayer of record 0 taxpayer's agent address FORT LAUDERDALE,FL 33309 ❑other,explain: Decision Summary Q Denied your petition ❑ Granted your petition ❑ Granted your petition in part Before Board Action Value Value from After Board Value presented by property appraiser Lines 1 and 4 must be completed TRIM NoticeRu►e 12D-9.025(10),F.A.C. Action 1. Just value, required 8520370 8520370 8520370 2.Assessed or classified use value,*if applicable 8520370 8520370 8520370 3. Exempt value,*enter"0"if none 0 0 0 4.Taxable value,*required 8520370 8520370 8520370 *All values entered should be county taxable values.School and other taxing authority values may differ.(Section 196.031(7),F.S.) Reasons for Decision Fill-in fields will expand or add pages,as needed. Findings of Fact (See Attached) Conclusions of Law (See Attached) El Recommended Decision of Special Magistrate Finding and conclusions above are recommendations. LAWSON, DOUGLAS LAWSON,DOUGLAS 05/08/2025 Signature,special magistrate Print name Date VAB Clerk VAB Clerk 05/12/2025 Signature,VAB,clerk or special representative Print name Date If this is a recommended decision,the board will consider the recommended decision on at Address If the line above is blank,the board does not yet know the date,time,and place when the recommended decision will be considered.To find the information,please call 954 357-7205 or visit our web site at https://bcvab.broward.org/AxiaWel ❑ Final Decision of the Value Adjustment Board Signature,chair,value adjustment board Print name Date of decision Signature,VAB clerk or representative Print name Date mailed to parties 2024-02950 Page 1 of 4 - 89 - Findings of Fact for Petition 2024-02950: Aida includes the Petition,Agent Authorization and Hearing Notice. List of Property Appraiser's witnesses and Exhibits: Joseph Richardson represented the Property Appraiser's Office(PA)and provided testimony via telephone.Their evidence packages include:the property card,photographs,aerialphotos,applicable valuation,Dept.of Revenue Form DR-493 relating to Cost of Sale adjustments,tax bill and hearing info,Florida Statutes relating to Just Valuation, Appraiser Mass Appraisal and the Presumption of Correctness Tax Year 2024,memos and documents on Assessments from Florida Department of Revenue.The market value of the property is$8,520,370. List of Petitioner's witnesses and Exhibits: Ryan Malik of Flanagan Bilton represented the petitioner via phone.He discussed the 115-page Florida supporting evidence and valuation document.Various administrative documents and memoranda are included in the evidence, along with property card,property info,aerial photo,rent comparables,cap rate support. Overview of the Subject Property: The subject property(Palm Crossing North)has three light-industrial warehouses containing 56,299 SgFt.The address is 3520 NW 56th St.Ft.Lauderdale.The masonry building was constructed in 1986 and features 7 dock height truck doors and 18'clear height.The land area is 180,148 which indicates a land to building ratio.of 3.21:1:0.The assessed value equals$151.34 psf Costar indicates it is a rated a Class B,3-Star property with 19,278 SF Industrial and 13,344 SF office. Summary of Evidence presented by the Property Appraiser: The property appraiser has submitted a 55-page evidence package in addition to Florida Statute document packages, which contain Dept.of Revenue Form DR-493,Florida Statutes relating to Just Valuation,Appraiser Mass Appraisal and the Presumption of Correctness Tax Year 2024.The.PA evidence includes the property sheet, photographs and the building card for the parcel.PA reviews the recorded sale of the property whi was disqualified as it was an allocation of a bulk purchase.Costar indicates a market rent of$16-20 psf. The Pro Forma income analysis is presented on page 13 of the evidence.The p • a appraiser has estimated a market rent of$14.00 peon a NNN basis,then deducted 5%for a stabilized vacancy a ' collection loss.Expenses were estimated at 8%of effective gross income.PA estimates a base capitalization rate of 6.5%.The cost of sales figure of 10%is deducted to indicate a Just Value of$9,538,268 or$169.42 psf. Lease comparable info begins on page 15.A lease comps survey from Costar includes 9 deals on similar industrial properties m the area.The rent comps are offered between$14.00 and$20.50 psf NNN with starting rents at$14.50- $19.50.The unit sizes range from 1,871 to 15,000 square feet.The average asking rent is$18.12 psf with an average starting rent at$17.65.The property appraiser briefly reviews the comps. Numerous tables and charts from a wide variety of recognized surveys are presented for cap rate andvacancy support. The Avison Young First Qtr 2024 survey shows an average vacancy rate of 5:2%for the NE Broward market and an average asking rent of$14.88 psf on a triple net lease basis:It shows the Deerfield Beach Warehouse Distribution market at$1939 psf with 0.8%vacancy.Costar Group surveys the NE Broward market at 5.5%vacancy and average gross rent of$19.37 psf.CBRE surveys market vacancy of 3.53%and$15.43 psf NNN rent.Cushman and Wakefield surveys the North Broward market at 4.69%vacancy and$16.54 psf rent and the Pompano Beach market with 4.0% vacancy and$14.10 psf NNN.Cap rates indicate around 6.5%for the Miami-Metro submarket in the Newmark survey. Costar indicates a cap rate of 7.5%(for Logisticses)with asking rates at 6.3%CBRE surveys the Miami- Metro submarket with a Class A cap rate of 5.0%to and Class B at 5.5%to 6.0%.Cushman and Wakefield indicate a range of 4.5%-6.25%(average of 5.49%)for Class A and 5.5%to 7.5%(average of 6.28%).The evidence also includes a Costar group survey of the NE Broward County Industrial Flex Market indicating an average sale price of$276 psf.All industrial sales average$229 psf in the NE Broward industrial market. The property appraiser included six comparable sales in a sales comparison analysis on page 25.The sold in 2023 through early 2024. and indicate a sale price range of$183 to$293. psf.The buil are between 10,910 and 36,106 SE All are older buildings and smaller than the subject,Details are provided for a comps.He states the sales indicate around$188 to$190 psf and they support the Assessed Value. Summary of Evidence presented by the Petitioner: Mr.Malek for the petitioner refers to his 115-page evidence and valuation document He reviews property info then 2024-02950 Page 2 of 4 - 90 - refers to the section titled Negative Factors and incorporates his prior testimony from Petitions 02998&02999 for discussion on this and an RERC Investment conditions survey for industrial properties and a section of the document discussing negative factors in the national market. On page 28,the Petitioner has estimated a market rent of$15.00 pion a gross basis,then deducted 6%for a stabilized vacancy and collection loss.Expenses were estimated at 20%of effective gross income and Petitioner also deducted • ment.The Petitioner estimates a basecapitalization rate of 6.25%and loaded it at 8.10%.The cost reserves for replacement. yap of sales figure of 10%is deducted to indicate a Just Value of$6,985,103 or$124.07 psf. The Petitioner then refers to page 30,which includes rental rates,cap rates,and operatingxp The Rental rates from costar indicate$14.38 to$15.60 psf for Central Broward in years 2022 through 2023 IRR>ndicates$9.00 psf for Palm Beach Broward markets.The Cap Rate summary indicates 6,4%for NE Broward and 6.8%for Central Broward and IRR shows 6.5%for Broward. Lease comparable info begins on page 32,,A lease comps survey from Costar includes 12 deals on similar industrial properties in the submarket.The rent comps are offered between$14.00 and$17.00 psf modified gross with starting rents at$13.50 to$15.00.The unit sizes range from 2,432 to 32,650 square feet.The average asking rent is$15.60 psf with an average starting rent at$14.38.The Petitioner briefly reviews the comps. Beginning on page 37 is detailed surveys data from a variety of recogni 7ed_sources.He refers to national vacancy rates and operating expense data from other areas of the state.The RERC survey for Fort Lauderdale First Tier Investment Properties indicates 6.9%cap rate for Flex.Other Regional and national data is included.RealtyRates.com surveys the Florida Industrial market at 8.9%.The Petitioner emphasizes band of investment method surveysys from RealtyRates.com and illustrates the impact of inexeaasmg interest rates in the national market.The Petitioner's example on page 62 indicates a 2.1%nominal decrease in flex ind1strial value from 1/1/23 to 1/1/24. A sales comparison approach was also included on page 75,The four sales from the Pompano submarket range from $81.54 to$ 5 psf after COS.Most of the buildings are much smaller than the subject and all but two closed in 2022,1 to 2 years prior to the analysis date.He points out Sale 1&4 are the most similar in size.He then takes the average indication of$116.62 and applies that to the subject for a value of$6,565,690.Building cards are provided with no photographs. Rebuttal Testimony: In Rebuttal for the property appraiser,Mr.Richardson refers to the lease co s used by the Petitioner are smaller and a distance from the Subject.He feels the sales used by PA are closer to the • I.ject are more applicable.Most of the sales are from 2022 and there are newer sales,as the PA used 8 from 2023. The petitioner says USPAOP allows appraisers to go back three years.He says all his are near the subject.Two of the PA sales are in 2024.Sales 1-5 were 100%leased at time of sale.All the PA sales are smaller than the subjject.Comp 5 is a sale leaseback.PA lease comps include two in early 2024.Comp 2 has higher clear height and comp 5 is a flex building.He compares rents to other 2022 dated leases,which indicates an increase in rent, Special Magistrate's analysis and Finding of Facts: The PAO presented evidence to support the market value.The Property Appraiser has included a proforma income analysis with substantial and reasonable support for the assessed value.This approach to value would be given primary emphasis for this type of property.Comparable sales were not included in the evidence.Property appraiser established a presumption of correctness for the assessment at the hearing. The petitioner included property information,comparable data and a Pro Forma income approach.The petitioner estimated market rent at$15.00 psf on a gross basis compared to the property appraiser estimatiag$14:00 on a net basis.The special magistrate has reviewed the rental data and comments provided by both sides. . . . =viewing all the data,the Magistrate substantially agrees with the PA's methodologyand considers a slightly lower market rent of $13.00 psf.The value indication of$8,857,000 after COS still exceeds the assessed value.The sales data included in various survey data tables and the sale c• i 's provided by the PA also supports the value:The sale comps provided by the Petitioner did not provide sufficient evi.ence for physical comparison,and all but 2 are 1-2 years prior to the date of value.The 2024 AV for these sale properties is much greater than the 2022 sale prices.. 2024-02950 Page 3 of 4 -91 - A reduction to the assessed value is not supported by the evidence.The Petitioner failed to overcome the Property Appraiser's established presumption of correctness. Conclusions of Law for Petition 2024-02950: Florida Law allows the Property Appraiser to establish a presumption of correctness.For the Property Appraiser to establish a presumption of correctness for the assessment,the admitted evidence mustpmve by a preponderance of the evidence that the Property Appraiser's just valuation methodology complies with Section 193,011,Florida Statutes and professionally accepted appraisal practices.In the instant matter,the Property Appraiser established a presumption of correctness for the assessment because the admitted evidence proves by a preponderance of the evidence that the Property Appraiser's just valuation methodology complies with.Section 193.011,Florida Statutes and professionally accepted appraisal practices.Since the Property Appraiser established a presumption of correctness,the Petitioner must overcome the established.presumption of correctness bythat the admitted evidence fails to prove by a preponderance of the evidence that(a)the Property Appraiser a�p�valuation does not represent just value;or(b)the PropertyAppraiser's just valuation is arbitrarily based on appraisal practices that are different from the a . ;sal practices generally applied by the Property Appraiser to comparable property within the same county.In .'e instant matter,the Petitioner failed to overcome the Property Appraiser's established presumption of correctness because the admitted evidence fails to prove by a preponderance of the evidence that(a)the Property Appraiser's just valuation does not represent just value;or(b)the Property Appraiser's just valuation is arbitrarily based on appraisal practices that are different from the appraisal practices generally applied by the Property Appraiser to comparable property within the same county.Therefore,the appraisal should be upheld. 2 024-029 s o Page 4 of 4 - 92 - • • SPECIALivrAaspart APPLICATION', . rirtc CiJ, V�VAztr.I: JiSPMErrBOA : : • . , =P>YtN '(3tJT 1Nlyl3.Ii> 3i�;T . 4b31. CA�i� T :t �} .QM 1. -. Please •type or p int:I more' ale is.iiee(ie attacl addifioii8}.;91i s, Applieratrtts.may.sugtplen'14.0*. i 3pltcatfon"` • • 1,jith.a-resume' However a:reSwnela»not.b •used In Iteu:o an:ap1u atiio), Application.for Attoipey'S`peciaUvfagistrate ,• . • • . • •s 'e • er cial tefor.. " :O•Real:Property:aritllor-O 1angible:Persciipal•�tipe iy • ' •• - . • • • vir;iiiiich. e •wouli• l: u::1ae';aveSlabieto i rid Ctlie ing w 4.complete-gpdt'; gei�dations? 'r " '-If:appointed;lio tim yo •• • . '••- _ 1 to.8 hours '•rrveek:O:9:to20:hourspar•weg 21t 3 h410Per • O:Bouts erwe .^:� • , Na i : .Pamela"B:filieey.AS.A ° •_ • i Home;Address::: 614G I lsaen"en: iiil's ;i.•'Jacksonville;.FI:358.", '' • • e a as.above: Address. if••s•s Name:',"'FF&" Veluatiati:Service •• • • $1i iu ss r>ddress:',,Barrie a.Sbove ,t: Phos ' .. .e/eo4�80a241 t lhusines 954-558-49156• • � 111 94545$-as5s • ffevalaerv(aothdm t ! RED IN:: I1 this application.j)lti'5ffalif to FS 194.035. Cppy-oflieense iefereticedbelou+. . • • ." •••••• . Documentation to suppol t"m ember hip.i.A:P ofessional;olg ni atioris:listed; In !:i lidht`;)rgst alio s:. • .;• Ar.'w iting"sainpre i,which"may consist'of an;open on letter•or other.businesstreiated doi utnentai of that • • cotlta ns=one`or irigre'.wuttei•page•..of.original material:. `•tf• youHave.serval"as;2r special magistrates;' pteviotis•ly,pl€ase submit a rrcoinmended d'eoiamon-as yoursatrmple f)o'iidf• 'submit a of ait app•raisal,; ••' as a w•itnlg sample. •' • • • • : . • • " • f` • gngsal! ?licatits:arerequire :iinderPe.:Stat.*.:134:05 to-.eariifyc xi let ono - ' • . . . • the curi`ent:yea;train$ g,provided by the epm tieot of Reveuiite:` To.olitalp:the:,tr .`go,oiihinie to the r:. Department's'webat site" 'h'ttp�.Udor;my•tlpn""•*cs3itlidot ertylva�i/kraininghtml t°boat' nilpletian.: - . •• - •certificate to theVAS cler1E : fix • • • • Attorney Magistrate.Appli t:'•'fat IYumbei - -- Pate.of Adsaion, How many:years of expe•rience.do you have is the'area.of ad valorem ianatiouc • ••• ' :•Appraiser Magi•ti ate A►plica t; :Residential`Appraiser l ice$se#t .-:o gValid'Tiuo.'r - • • Gelid-at �ta�ia"i`Itr�igh. • . • • Provide number bfyears of experience,yyii have"irixlie:are, ofreal:p ere vats o>: Describeexpeneuce,a>id:u itecofyearsyou:hayein.the=ateaottangiile-property.vatu4tibn. as year � v01310i3:;= • - SPEC +•11+I rl.ISTi4i7. A�,7 1404TXO ' ' _ •• • ��'�-y ��.}.�-} /y`,a,.'��py���• "('� aye" x�,1 , ��y��.�' yyy���-, �•"- . .. • ' Nt)t. NR 1'CV E i),:T� : FIWNT: f• • Q Dl5 S). : .IMA SEAT :19 4 �� .. __ ... :.. . . .: 1: Educational Background • • • ' .. • • • See Resume attached: - - - • - 2. List any experience and/bt sp alty for the•fell vlitg property types: • • • '.,_:.. . " •• . • x :f " E htCE/S1'RC`IAIGTY: , •. _. • RlE R CotninereialJ,eal - -' Se6 Resume attached Qther cease �ec-� �. . �': --'-��___ � - -- �-•*� ---- .. .. '- • • 3'. •1f you currently orprev ouslg hays•se•rved-as-4-special, 1gislrate,'pl provide Cher muu is l ty or co1Wty• .. '• - date :. . • • • • See.attached list " '. :. • • • 4. Iave you ever:been;disraisseil;-terminated fir de�ieE appGii ttneiit,an a special magi e.for poor"tfr itriproper-::' • • • • •• • performance? Na'C1 Yes fp1ease explain) • .• • • • " • • • e . you•qualihed-to- 'as aspmisistrafe Also • '• • 'and contact information of 'east•two.individuals'who•earl atte'st:`to:your'years'of etpenence int valorem • to atititangiblepetsonal property of teal Prop y 010140s . See Reference listattached ' • • r . 6:'''Are you willing"to accept:the Value Adjustor t oard.e tablisbed=stlieduie offees? :Yes 110 ,._. e" bass • •- • ���:Iftrio,llieaseiitidlcate j!bttr�cli'edule eff�xs:ta:lie�chat�ed the'l�iprtl:c3p;a 4ii.::ii63�.. � .. • • •See attached.=per last years edhr Jute. .- - . 7:. Explain ytfuir:level:ofknowledge:and.experii ncewlth"computers.nd`bst th $dip ons you are fai�nibar'with, including Airia e ; • `Ve" faitiiliar.with Axia;Word:& XGel . . i•:. List.each orgahi ioii, recognized by the.real estate appraisal�ticiiistry'or the professionals'ui that field, T.:. • -'which you are cut r ntly or-have prevt sly been esignated m • i 'ad emiseri 'GA1V11Z 11< DSI{ TA'lE`i DX. : A # • American Society.of•Appraisers. Accredited;Senior A pOder 799' %• 9513 • Ofthose.orgahtzatioiis:t cnbe any possible'cori#lict-of>:ittterpstt tai.cotitd.occur=oytlie'appearapce of:•a•contlict;-- : - .:of interest that may.prevent ou•from fairl e a:htarift :" ': ••: • - y� Y otidiicdin :.None • _ '..::: • • • ..•v01113/201$ • • • • ,...•' •is- ::„•:'.••••••'• • Le{'/'.' • • '�1 etjuNr ;V,AL. ? �'Y' tIOAR :;`” 1'IC:4t+T1SMIJI"fi' .. • `Alowaiii S �fi' - , _ : }' • endaii...or•received: othe�,diseiglinatj!:sc4 die y otaxad ••••,...': .` it. • • •• Have you 'dyer beon•:dispel,._sem ; • association or: oii'`the•State of Florida .4.21.$o•"Q'' •es'(iii�. l ?t�. = • • • 4.. List any persona•l ot.busifless,relationship'y•ou have ever•hail with any"officer:car•emplo}ee of the:o ce.of the `• a raiser;;oi ce of the cleric:of the.Citcitit eouri,office Of the•county attorney or the value--.•ustm:• -..' • Oro-petty . • • • •board.of any:of the coutitie .to:whichyou are applying : . • '•. S.• •List.an"club •••• ••••.:• soeiat•ions;,tirattier entitie•s :which.,yo•u b•elong or p• aiticipato.in and.in which•i:; • • • • possible conflict of interes•t coi ld:oceiir�:or-the:app:�ance of•a-¢onflict of interest.mi arise that'woul4 itevent:: : • ••• . •• you tI- n�fault+condn'eti igt(►e•licarin between the prti • tty aper seer and the• •prop ►owner. d a :. . • • • • • .•Pursuant•to Fla:Stat:.§:194,035;.asperson'cannot`seive"as_a.•spe ci�al.�magiistrate if"b she JP•.11!'elected:`or.:a iponited�'. ... • . of.ic'ial:of a county;a:taxing jurisdiction,:oe the•:s ,is"an eo}ployce of a co y,a 8: °n ii tie state;.::' .."or:incial.ee=s�ame ttaax year that -..;s�,._•,.e ,..- iyces the Board as'a special'magistrate,repretettts:a•party:before the•;Board it1;: ` - • ••-a•n•y ada• ilnist• atry ei.revieW(1f prop-_y taxeal. .. ... •"1 .. `: t. Are• .. ..:'i elected or:appointedoit cial.or eriiployee,pf a:county,s:t8xili$juiisdictlofl,ilf•the•staid?[ ,Yes" No • . : If yes,please,pr•"ovide;d'etails • • under penal '"•7' cationfrom:considertation,:'tha ' item.co stain din th .` ' e.untl signed: ti res, n . 1 . V.a1 r 4.i .�r,.,,, - .• .. • . . • : application,or any other'document f misled by`i r on beia f of the applicant'fs-tr•'r a aijd complete•us:_,,,_•,-• ,date it . • . • r bears. Tie undersigned ai tho't es the.Value Adjustment Board:to-ob ain info.' ' "`o)i other sources'to enjJi �t� • • • eachitem co»taanetf�Jiewein:. under"Bfgnedacknarvlecgges�.tht�r'•fsel.¢ctec�.h�e./sl4ewi �followtillr�rjufteiiieniis-and;• • . ..mai dates of law in.; dfrlltng:the duties,o.f s•pecial magistrate. ". • I. • ••••••%••'•r••••••••••. • .• r. . • •••••.:•• -:...,,4• •'• : ••: •.,...-;•• ;:,••••'„••baje.,•.6;:ea.9!1..::;:.,•:..,..,... •....r - -.. - Signature:ofApphca.... . ••./ • .. :" • - • - : Pamela:B:-AaidroA A.S;A:' . . . 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'�;�v ;�. level.of.' co It ma "'nt(it`:be.:re son 1to.:u e he`{ +ofia r r ' .. 'value' ::t f r,t,. cause it:ml�a/' `.in'-1.i'..11/444114./.'"..-- ,os a to i he!. '..,':: i..J r ja#e ':. ' . .�na�rieet . lid etl ,?ta ,�. :•. :.�,• `fha:fi`:�o a �pr;! r�t::b� •.i�rii�s�i�A.ettua _t�f. .�l.;r�,� :� dminist do: .th .rett..me Approach.is onsideredthe..lea relia rle"mea sof deter p e'vale . f . i •lei S:M1 •n-i i1� .a 'etc so 'fit Pe .b flee.:`'_ • 41:,: �: ��.. .`cb':r :•itt�� .� fid.- .. •.trti_��ii���l��rri�r•�ntdttt�>t;:y::']:�3���.t17.1.'- .. � .r#s �i ��. - ~•�. .:'....:::::.':j:.?.':::.:'- '. • 'r•° .,.thea';-:•the:...•' 'rush Wer; t i:,.due••:to ite{ .an:,isoI ting tl e. : •�ufject::prgpei�l,'�i#�iv3 , t]�A :+�.� ..�#� - . . �n� •t'�a�•s�' ssr3#:fi�e.��.a nce . _r• �uti+�n •'t', �:co• .rye.t:tp h u�• e.!t?$' .. •,., • 8):TFie.net'p:15 . :0.the: el 1�• e . t �.:. + • • •n changesin:mar• t'-trends r. # ! J ,' :.i_, .h, i dti ���,;;,`� c•old- -i r t'trends' : :ds utter l 4lntJk • On-Sit@ . � . Cj ..1 -• ` 44,:.:. r V -.A n v,' 'mom" :::::• ~ : ice' a T`:• ! :. A , hallo " ..i:. .. ••. ...-based•dfir rl+s�i,��?�.� _ :el�hua1�:`te. !" .�o t� �:' . . ':. a ::toe` o•'a :cat r 'to a;shorter.nor�ii al..0 i i iris: • •}; �.�tfe`pttrp�erty .p� �� .P. .I? �. ei� .:� k:. - •;� �.,:' `r .�. tt .;tfte���RA:d'stars�' =1�ary. rti� i�. ►oaf�-`a .ttt�`��- �e 1 ..���'' ..��'•� ►�► nd ids •accepted. r .i--.: d::'t-i :app ais li E c..`; : •Fio :. -' ata a ,::04.47;7.7_,. P, ePp. .,...� � ,�:.� - rta �t� p+ �.rQ• s .',7.:. �: •. ......':::.:.'•04.R, :Wepsrtrrtt3nt.o��'[ iur�:� h. de ! i���, - .• . prison r'to: lne the iust:values:'Ju tv a's baked:on Fair'1+; .4,1$77., erd,Uswe: •x r• ' �1"he•-•�b= sed`.�a ai:'��2i� uiait�tirs �•st•• and ��� d� .I� .C:<. r!d' �-#rr:�estiisl't.': rri nt .n• ie. RCN `-.Then-th PAs ' r ..ia•'ian- sicdi r. isir+` -:#tedlace e � .. . an+�(. )� 1 Cpl. �: � r •; :.: ;. . a •she i(1/ e'id .o .h• 1 he`d s ; ' . .. . ' , .tR, •"ii"tat iti rlde'{ 4.5) • a1 ':. W l f:: ,... o !i- .:: .:.: . ::-, " , a n.'esti ate::of:-ei ctive i:a percent- z=-a d=..i,h:additi o er► Y e:as.:a �,: i� kt .. .•date, and'contit sus�!•� reviewed market.data t •deters in any:change:wi ddu 'fill:lit 16 r= �•t� -yd j:` :Tftie�:'pA.. -er#Etr��r�s:::a`:rrorriial�'��. e: ��ItJ. :A. .er�'h `9� �oi��--�. �;�' 'ids =:t,•� e:• . appropriate•asse u :t calcine a.the':aerai' .r 1r:�t.'li ';: PA°a# fes • • .. • :. ..; ...develo in •mom r-essearch=f r..:additional:Obso rete `. su . . •b' P; . P � �, :; iii•: :' .: :b -conductin a.:field°:In ` r Band:;• <'apd': :.:.-tts ui p r t= } fes$ e: eview't h •'a g p,s.' 1.,ir a-.d tir.0 to...:,i•ce re la 't: •�:•'ney�y�'.or �d ��r4 ct ny • .� ,he •igf )•:'."'...* .}kt,..: F,ti.R7lF C.r./. .R6 Fl �7'iRl�'..N� i)Z�rJ�• +' ".s.„...7• ''Y r.'.. �,, - -c..' G'f•..:` Vii. . , . .. . The`PA resent: hs showin :the:results of their +d- •s:: ::;s '' ' ;r' _ :P' f•.Y:'e`.: -:6.. { .tA,: • :The:PAS stat•ed= the °It c•:me r •c: w •••144.14001,d'. '----- bl" _;t .� •_els. h • •'�!t ':c ;_ `� :� solate•iiie it1 • :Usable ° the dptn - re; :• a ,# 17 :l r _ate" . • :t ie Cost' se on P it M Value •i , ;; lending.limited s rt:to tide.reasona rt ss of Tyiiiite : • •:::`.. Judgments••f ..urant.5- :Inc:: :court ca.•s` • ;`>:`, • The'PA:, a ••dt-, ,:r_-'their•equipment'in . td!` • 1 oaf ce`assigns. T • the..a as:a'$i • d econo' • :ui. i.: •r< <,� _ s itrn •;•‘:•- ••••'••••;::::;` �: use•: ite:.,i+�s s tee:coec e1:a :5."#l 'd l :l ::. tr. • A.. .. - i,sueol . . : '• :Ci sto r te;at'eac � g • t ::..' no":response•.1 • °i" itione .410 .: ;!1llati• ' e A.�di• ';-....`:...;•,1„....‘'.': :, + + i" nom' '..r. ::In.the;Taxpa�j• r' . or .:.•The.PSA 4p nted s.?fni'pI•ih of m• • b nd:: ,•_ ail:j'...--„4.i n n �.� •n .. ••::••••,:•::••:: • e A. h .41187'��•et�'e`.:-......• '•••2:*„..-1-.7.44. Pk•a”4110.....:?:::•.-:••••,•••-•••.--••••••••.1:f.-....•'.'::.j-.!..,..:.::- 3•.::':•;;•••••;•:.•:•:••.•,� •ri es'•now. •i .p.: ..r • •••• tie A • � held AV as ,:; :In :ii . 4:' �, : : . similar.to. ',1116:PA ��1/y# : '..:•:••.2••• ••:`,;;; :••:!•:•::;• -;•`•.•••;i.,11.,.! ...:•••••-.'1:'.:.!..--.:...-:.--.: follow9 : ;': ::l 1 #' y�� R • 44 i : 4 -r.4 ,, i�' 11 i1 . l . . • �11'.*••••g><:-020."...‘40M4"!'• i?l�t�;:.'i�-t ��.a:2` �riiri4� . -_.-. A pp '..'":•••:"3.-: .J.. #300,.. 204- O6,•±is a• • n :•-.44'4114 F . . ',. .'•! � , fey�.s�.'��e .e :`. ' `: 91'14': •,�fi ...wh .: 125,•rHill.-Ph T -fit t 're._ ' • tt :P • 1 -:._ : •- °.:. forklift,Yale • t tt • 1.---,i1.4 s l.;i. :::;.:::::1-:":•,•,.,:.../:: • 'r 'Cly its•iil e'fa .• ... : : ... '..was • ,_ _ u 9 in' 1 ea ::"s PA'also is • *. -- •.the •• ± . .whichcteapjy.•sta i�.. :: amount iri:their calcu t ► r '•u l� I�•�t`i�3tt1��•',�"3r�$�w 1'liits`da ely� �' '.� :, de d•for 4-year ojd s- :.' `PA "1` • l n} ..;: '• Otesen 'l7str_a sa+anpljh ;;:: I` le•. :{ found in the•co: :rable`da.. F .' •-•-,..f••,• •••••••• -''• .. he of n A e io� t rr� •>:� - t .t�Y l� •,� �•�� 'a. .may,,, ''''..)-:• • . . costs,and sales t ...On 7•ojr' n d:age.are:incl ,,.. 7 iii: ..: • cost ari .. .., •.. 1• tid+�iri�'Ciir��ahaly�i .. ':,.� ....i.:.. 5` t ed.:h w .he: ents' evIde.d o f :3 �p .. ••••'.':;;•:J1.1•'•...� '';�I s�:usS,.. �..� . t. ... �.�.�.: =:iia:: ... ' ;,� ���: ��{{yy��,,,yy,;yy�� .: i� :��ra �d: : � �.'�...:� ri >:.�'`�x'a ei��°:retiit=�%:sa�r�► applied .a>�P p. fi �t xki�s �� e.luso C -PA.'• I' ed:.y •t�:irh��' it` :��;.�� ..� ��• `��. �i:- • • -r . _ ::The. �e a�u..... ti'a:',,,,r•• ..Ag.rta:h... �-:ric� subi�. r � ..err K.�r.�..i� a�. :'.�. t�.. _ :.:currassessments;. l •PA'made.The: On16nts�.art # w•it is_It i Stat -r_i'li�t{es• -;,.....in _ iU dards.The':°PA r =that .e:-! 2i v. 1 •Za°' • t>�f''fie:��A:s'evide�r�:`was"" ' ...ted ai�cFiu ���-• ,-s d�xe x��- - e t one ts: ..!: -.e - .`The' e�nts're uested'ya.D es whi`NF1"uvere identifie -ini e'i ` �it1 w` ou the S. �) �F� Y !.7.„;-•:,...:::::;:.:. •;.•:.iiiiitif:':::• •5.-.J3,s:i.-.',.• •-•-",:- ... ....••••'::....,;;;:-...••:.•••„....:••• .:-:-.: .. ••:::•'...,:.;•••:.-'.; ,ititi •�'����: a d +.ISI' arks ' ':...:i:•-:;;;:•;'..;:::".....s.4.• ,i - 'Pe i� z+ 'ri ':�- -Mtir��: t o rr•"� Q tie:` -:Y • KK 5. .;" .� arta v' , rt ��.I� 'iv1 t. • •� � i�C a:_.. : : e t Ute`. :NI�� �lailai�'': c� k^�� e•�V • i t'tlo. .•�, r:•t. �y� V8��• _ Yui,. Pet a :> ori'••00' Merkitveva, Y '. • • . .. ::-•,...••••:.!-,::.,. .1009''-'...,-*o . 07 ' f,'•:;:',:::(::•: t r' 5 :' w....-::.....%.-,..:2•:... '.:'R.♦ • fetii..o .N• ia .. � , .. : t r� -,...'-� .,_ Ailarlre :v� :::i..,...:.....,:',:;......• t.•. yy E:itr MM '1L t n p Q :e �vf� A•: • V. .3,:,r•,r e t�tio N, � aar P•eti ti' ti n'. - • ...-•••••.1";:::'.i:•-;•. • • � ',:•::: ::f.,..!;!....:......';',... ..{,• ice::•• �y[ tit (� fui .ket� I :�: •.P eti'i`. 10.1:••••.!.':...:.... *: t o. •2 �IVIS kat:V :.°. .G'L't�©' n ,d. ••rt" .'.vgr :�iN • e.. + '•:-:.•.-•.'..;.;;;:•, :• ..-.40.".-2/10. ir. - tit petition 'o�•:2J IVI tie�.V�: - • '.'0.•.' te}' i'oe e' dis rsf: •X0••0.00 will.l;e:a • p ���.�,. .Pp(ie�': b.ee�';if •s� • "ue • "presented`.e;4 t... oil fts m s ,� °� ti,.'--, `:'air =mar t: eq: in bn om •• • °�' p ;i ron. i k: 5 t i io .sc_h u1` in w' estirilte's:the d iitte i?...--. otitie$ • -i::.. (. :.: f 2.46.a.....:._ } ,:,. bject s ,.er m...-.!!3'!-..,o:• the;user their V-lue th rriatch„basis' ' .iis a tirt .: : .: • • . •17 :e:t'r ''•J, - '',: ::'!•110•••••i•,7'..1,-.:• '::1; •+):.'A.. ---.G:Y1:•r:' •h::AC'.v Z:.,;.'Vi -,-7.:•-, • ?9 i r_)- ',..1.1' - ,'t': t"F•�:•. .eS:ryry '..fi.. - 'f:'..vF:. !'S`, :.i '▪ •a,:':,J`iiS.l:y.a •.. ..`•A•a .rn,,..Il,r• ,��:::;:;': J• .fi)'-: :,F•w • iS:.C:.. :. i_. : ,▪,,.. .. _Eris :. • • . • ':;: tilrip�rable°-5, ���:.11 .#� :� '- • `'transactions, 'whlth ` •ins,.....*::• ::pr•'ydoij..z s; �F. l ,r [> '. • . . . of solescence.•: `. • .uelops •trend.line :off-1 a tiO7 schedel••rli is. is•�. _ the . . . .: iii • 6Y — ^1i iia.t �� ._,].. 4 • . .: �'....,..,;:,.:'-,:.:!•:'.'.!c7::::... . '.is .1' .'t...''] — • .. 'i M• M.:.� .y. •h `y'. !i •I �j -.ti.s v3 t.+t On� `'�i5e,:� Of may ..i'•••:•03'... :yi.ei.T-;��+{ ! t >: 'K y ,�.a•.�-.�ry.�{ r 4 -f•:;'.'''';', .....4:-. ``''.Jf -47:4; ; `,•47. .�K.`•`! ' ,.•v fir, ryY.,�.,,,t'...4'. .._l7D�W.. .e� ,.;.;',1C...., t: 1 ;i' -c f{� 5:. ':�`::::= .:::::•,•. . ' ' �ar-,ket•-se.i��n�.:.�, -Iii art:-�l�: � � �'+ � .. X' �. _ '` '.•-�'•.•:�•;' .•' ‘.....:01:01! "': .: •est�rflJsht�i•'trt?�.`,''' f..�J�,�t• l 's�+�,• , ••,• ,::''. • . :•• Te '.• j riot-een .•w .u-p l ':i xt . ,s :,:.. .. ,. ,. , . .' .:��ct°r.. �.......�� �•} fit - v� , .,., -, - :�.. •�a�x�r • -(RN) `:wf �f��.sl 'f�1:�'ttfa �!_ l�. W. ,.,�. �: .: • 'th e J�m •me .e et ,K .. •$.`. el°��1fl�1'fl��illfl�;�'-,� � �'•�•��•�.�, `.1 not �.n. ` . ee' '€demi -�atl'.1►t.0 .9e ,;ea,_ t 3 .! . ' .. c':,:1,-... :; , itie ,.u�ezt p. .. . ' ri a ::p P rib P' 1 i� '� '.gin-�o'� e- � • i �• .>° r;.l. =a e , •stall a tion: sales:tax rn ii std n Or P $1 :. e. r ;-.'•,'--.::::::'-.�.Y : :• niy�d ' -..:.. 'f': :'are:in7.44:441t10.$74-. �.. :: Pb P -, • 's'.;.. :.z �: ti..•. . .. :����var�l`o#tlia� es::��-:: 'i±o :�k�# 1. ��np rt'�. � .�PA :� s t •wa� �#tfe •� '.� • the.:. .:rets''cam.;,'', s rl .l J trate H:: f1 . .l o4. >; ; u. +�p ee lei:A.4*A, th-irl l" • OM....- ..m�1c i�tr r f:'' }t15 •• baa• : 0,4n:....:. ''''."2--...... '• ,i.. •`"it ;isn•:r . ;r; ,. , . ... fr ...r 'rf tl a ' '.iii {J'i - 1J. .:pn,..-. . '�' ~ 4 f- ;• ''rused as':�� ye�r; rt:� t,:bc�t�.¢a~'s .t�. .�.e �,:� _.�:� �.., � ::�`. , ,:�; • _ ':`�: : d seta C,, unt::ala l • ;81pN 1= et s,'I $res ._` 9 rand . '� ' Gfl.. i •cxirrnessi�a'p �rat�l.etl:" `-L' i'.y. - �!rf� 99,, fl j� p`' ,Fy.,� its 4,n'.,Y.. :.fi"at`e ltth 'r M':s'" - 4 s> repr 'r t: . rc r:. ; ......,,.:,......:• -•.....7.:.:,,i that are'differel in T•o p#th same p #tut the.cout : ,::�� .': is aiL . : p� r.e. • :d' tf1@ Ytt3 } !t �.1. �> ,11, 1:'IiYe'�l !Q- iii.,. - :kl' .- .[�•;. 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Lmieis4 : eDR : , .r r afu sase': 'S" • • .5.•� ''t" •••'::::::"::::,;::: . •�• X.'fit ... s, •:7 . t . - Vi: .4 •t: .Y r :X• •, a.• _ij� { ' r - .: • l ..i.l •t _. Vii;• '•;: s !';1.' .. .. •- ,:..;. .. ,.. it SPECIAL MAGISTRATE APPLICATION *��- A• INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD �'tosio (APPLICANTS MUST MEET QUALIFICATIONS OUTLINED IN FLA.STAT. $ 194.035) Please type or print. If more space is needed,attach additional sheets. Applicants may supplement their application with a resume. However, a resume cannot be used in lieu of an application. Application for: ❑Attorney Special Magistrate X Appraiser Special Magistrate for... ❑Real Property and/or X Tangible Personal Property If appointed,how much time would you be available to conduct hearings and complete your recommendations? ❑ 1 to 8 hours per week;X 9 to 20 hours per week;❑21 to 30 hours per week;❑ 31 to 40 hours per week. APPLICANT INFORMATION Name: Alex Ruden Home Address: 311 17th Street,Atlantic Beach,Florida 32233 Mailing Address: Same Business Name: Southeast Appraisal Business Address: 3350 Riverwood Parkway,Suite 1900-19077,Atlanta,Georgia 30339 Phone: Home/770 883 6987 Business/770 883 6987 Cell/770 883 6987 Fax: 866 839 7887 E-Mail:seappraise@aol.com DOCUMENTATION REQUIRED Verification of qualifications will be made prior to consideration of this application,pursuant to FS 194.035. • Copy of license referenced below. • Documentation to support membership in professional organizations listed below under Organizations. • A writing sample, which may consist of an opinion letter or other business-related documentation that contains one or more written pages of original material. If you have served as a special magistrate previously, please submit a recommended decision as your sample. Do not submit a copy of an appraisal as a writing sample. • Prior to conducting hearings, all applicants are required under Fla. Stat. § 194.035 to certify completion of the current year training provided by the Department of Revenue. To obtain the training, go online to the Department's website at http://dor.myflorida.com/dor/property/vab/training.html. Return your completion certificate to the VAB clerk. LICENSURE/EXPERIENCE Attorney Magistrate Applicant: Bar Number: Date of Admission: How many years of experience do you have in the area of ad valorem taxation: Appraiser Magistrate Applicant: Residential Appraiser License#: Valid Through: General Appraiser License#3680 CG Georgia Valid Through: 9/30/25 American Society of Appraisers,ARM&MTS,Reaccredited to 2028 Provide number of years of experience you have in the area of real property valuation: 26 Describe experience,and number of years you have in the area of tangible property valuation: 50 - 113 - Page l v01/13/2015 NvERco SPECIAL MAGISTRATE APPLICATION I , * INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD ORlO4' (APPLICANTS MUST MEET QUALIFICATIONS OUTLINED IN FLA.STAT. 194.035) QUALIFICATIONS/EXPERIENCE 1. Educational Background 2 yrs engineering day school at Villanova. Moved to night school at Rutgers with BS Accounting,emphasis on Managerial Accounting and Finance,continued at Rutgers MBA program completing 75%course work. Was then transferred from NJ to VA not fmishing MBA. Many years appraisal course work since 1970, 2. List any experience and/or specialty for the following property types: PROPERTY TYPE EXPERIENCE/SPECIALTY Residential Real Property Commercial Real Property Industrial Primarily,as well as institutional Tangible Property General experience,industrial,commercial,institutional Other(please specify) 3. If you currently or previously have served as a special magistrate,please provide the municipality or county and dates served. Clay 2016 to current,Duval 2019,20,22.23,24 Seminole 2022,23,24 Indian River 2022,23,24 Orange 2019,20.21,22,23,24 Hillsborough 23,24 Polk 22-23,24 4. Have you ever been dismissed, terminated or denied appointment as a special magistrate for poor or improper performance? X No ❑Yes(please explain) No 5. List any additional information which makes you qualified to serve as a special magistrate. Also provide name and contact information of at least two individuals who can attest to your years of experience in ad valorem taxation,tangible personal property or real property appraisals. Business Valuation,Real Property,Tangible Personal Property combined education and experience overall places . me at say the top 100 overall experienced appraisers in the United States. . For references contact: Steve@noblevaluations.com,ryan( rkvals.com 6. Are you willing to accept the Value Adjustment Board established schedule of fees?X Yes 0 No If no,please indicate your schedule of fees to be charged the board on a one-hour basis. Yes will accept County rates Reasonable compensation for travel and overnights welcomed if scheduling is demanding. 7. Explain your level of knowledge and experience with computers and list the applications youare familiar with, including Axia. 30 years experienced in Microsoft Word and Excel.also 6 years AXIA.and I can type ORGANIZATIONS 1. List each organization,recognized by the real estate appraisal industry or the professionals in that field,in which you are currently or have previously been a designated member: ORGANIZATION DESIGNATION DATE MEMBER# GA Real Property Comm Certified General Appraiser 1996 3680 Page2 - 114- v01/13/2015 SPECIAL MAGISTRATE APPLICATION coa INDIAN RIVER COUNTY VALUE ADJUSTMENT BOARD (APPLICANTS MUST MEET QUALIFICATIONS OUTLINED IN FLA.STAT.$ 194.035) American Society of Accredited Senior Appraiser 1970& 3951 Appraisers,ARM&MTS 2006 2. Of those organizations describe any possible conflict of interest that could occur or the appearance of a conflict of interest that may prevent you from fairly conducting a hearing: None 3. Have you ever been disbarred, suspended or received any other disciplinary action from any organized association,or from the State of Florida? 0 No 0 Yes(please explain) No 4. List any personal or business relationship you have ever had with any officer or employee of the office of the property appraiser,office of the clerk of the circuit court,office of the county attorney or the value adjustment board of any of the counties to which you are applying: None 5. List any clubs,organizations,associations,or other entities to which you belong or participate in and in which a possible conflict of interest could occur or the appearance of a conflict of interest might arise that would prevent you from fairly conducting the hearing between the property appraiser and the property owner and taxpayer. None CERTIFICATION Pursuant to Fla. Stat. § 194.035, a person cannot serve as a special magistrate if he/she is an elected or appointed official of a county,a taxing jurisdiction,or the state;is an employee of a county,a taxing jurisdiction,or the state;or in the same tax year that he/she services the Board as a special magistrate,represents a party before the Board in any administrative review of property taxes. Are you an elected or appointed official or employee of a county,a taxing jurisdiction,or the state?0 Yes X No If yes,please provide details: The undersigned certifies, under penalty of disqualification from consideration, that each item contained in this application, or any other document furnished by or on behalf of the applicant is true and complete as of the date it bears. The undersigned authorizes the Value Adjustment Board to obtain information from other sources to verb each item contained herein. The undersigned acknowledges that, if selected, he/she will follow all requirements and mandates of law in fulfilling the duties of special magistrate. Alex Ruden Date: 5/12/2025 Signature of Applicant Alex Ruden Printed Name of Applicant 115- Page 3 v01/13/2015 a STATE OF GEORGIA o REAL ESTATE APIPR RISERS BOARD i...,,61 REAL 7 ' , C �1 ,Y Id ALEX�4 1 ` , IN RUDEN 'Pi ` 1 Jam ' Cr IS AUTHO'Pi 1 O :AralF II�1 §E'SftGIA AS A A CERTIFIED GENERA ' EAL'PROPERTY APPRAISER t a\')' ii J THE PRIVILEGE AND RESPONSIBILITIES t TH($'A RAISER CLASSIFICATION SHALL CONTINUE IN EFFECT AS LONG 1 14 AS THE APPRAISER PAYS REQUIRED AFIL- SaR FEES AND COMPLIES WITH ALL OTHER REQUIREMENTS OF THE M' OFFICIAL CODE OF GEORGIA ANNOTATE HAPTER 43-39-A THE APPRAISER IS SOLELY RESPONSIBLE FOR THE L7PAYME ;RF ALL FEES PN A TIMELY BASIS. D.SCOTT MURPHY -\`.t`,,,,. d y ��::.. MARLON L.DAY Chairperson '''••:::...-:.7t--;17.,.',;':>-"-' WILLIAM A.MURRAY PA� KEITH STONE 1 JEANMARIE HOLMES Vice Chairperson J 23403264037501 ngrpr71 f nreil[ It? t l I'i �`'- - .'J`*.�' ' C `t it &emararai ageg c GF i. r. , L,i, ALEXANDER FRANKLIN RUDER # 3680 Status ACTIVE END OF RENEWAL 09130/2025 ERTIFIED GENERAL REAL PROPERTY APPRAISER :HIS LICENSE EXPIRES IF YOU FAIL TO PAY pF F.CO, RENEWAL FEES OR IF YOU FAIL TO COMPLETE ANY -ti. REQUIRED EDUCATION IN A TIMELY MANNER. ei :1,,1 :State r c'�r State of Georgia k.• I �i''# Real Estate Commission '•- e ,L. J 'Suite 1000-International Tower ',••Y•j'jti =' 029 Peachtree Street,N.E. LYNN DEMPSEY Manta,GA 30303-1605 Real Estate Commissioner CJ 1234032640375011 "-1 '—' C r ALEXANDER FRANKLIN RUDEN —• m _1 z Status ACTIVE END OF RENEWAL n= > 09130/2025 0 I— ;CERTIFIED GENERAL REAL PROPERTY m-I m APPRAISER D n iii z THIS LICENSE EXPIRES tF YOU FAIL TO PAY ---oF c Fo,, _---I RENEWAL FEES OR IF YOU FAIL TO COMPLETE ANY /�.:••• .,p5, REQUIRED EDUCATION,N A TIMELY MANNER. !,,,//4.---- ..n% -n I'Tl itt.1 c am:e.,7 11i-1 I— ' ...:a, State of Georgia 4 i - t co -n Real Estate Commission . ' 1 N 'Suite 1000-International Tower , iii 6 ..i W229 Peachtree Street,N.E LYNN___„.„DEMPSEY W Z Atlanta,GA 30303-1605 X Real Estate Commissioner r z 1234032640375011 i Report Version 8 Generated on 7/7/2025 et:•5o.23 PM - 116 ALEXANDER F. RUDEN, ASA Accredited Senior Appraiser Certified General Real Property Appraiser Business and Intangible Asset Valuer PROFESSIONAL QUALIFICATIONS For over fifty years Mr. Ruden has worked in the areas of corporate finance, mergers/ acquisitions, income and/or property taxation, insurance placement / proof of loss, cost segregation analysis, and fixed asset accounting matters relating to the appraisal/valuation of tangible and/or intangible assets. Services have been completed for the purposes of acquisition accounting, Ad Valorem taxation; allocation of sale or purchase; bankruptcy; construction cost segregation; debt and/or equity restructuring; eminent domain; equitable dissolution; estate matters; fair value accounting; federal and/or state income tax compliance and/or planning; financing or refinancing, leasing, sale / leaseback or syndication; fixed asset control and information systems; insurance damage disputes, placement or proof of loss;purchase or sale of assets. Mr. Ruden either directly prepared, supervised, and/or contracted for these services relating to the appraisal / valuation of business enterprises, specific intangible assets, land, land improvements, buildings and structures, machinery and equipment, furniture and fixtures, electronic data processing equipment, office equipment,heavy equipment,rolling stock,inventory,and so forth. He has served as account manager during the installation and/or restructuring I migration of numerous accounting, insurance,and taxation fixed asset systems. Prior to founding Southeast Appraisal in 1988, during his business career Mr. Ruden was employed as an appraiser and as an account executive by A. Frank Ruden (his grandfather) and Son (son being his father), Industrial Appraisal, Marshall and Stevens, American Appraisal, Valuation Research, and Arthur D. Little Valuation. He has a working knowledge in the disciplines of accounting, appraising, engineering,finance,taxation,and organizational psychology. EDUCATION Mechanical and Electrical Engineering: Villanova University(2 years) Electronics/Radar Training/Technician,Ground Control I Search:U.S.M.0(3 years) Bachelor of Arts—Accounting: Rutgers University Graduate School of Business Administration: Rutgers University(75%course work completed) Appraisal Courses: American Society of Appraisers.Appraisal Institute,McKissock, and the Institute of Business Appraisers PROFESSIONAL AFFILIATIONS Accredited Senior Appraiser (ASA 0961), American Society of Appraisers, Machinery & Technical Services (M&TS), Basic Industry, Initial Accreditation 1970, Reaccredited to 2028, Appraisal Review and Management(ARM). Initial Certification 2008,Reaccredited to 2028 LICENSING Georgia Certified General Real Estate Appraiser,License#003680(1996 initially. licensed to 9/30/23) - 117- SOUTHEAST APPRAISAL 3350 Riverwood Parkway,Suite 1900-19077,Atlanta,Georgia 30339 Phone: (770)883-6987; Fax: (866)839-7887 E-Mail: www.seannraise(amol.com,Webpage: www.seannval.com, BRIEF HISTORY OF THE FIRM Objectives Business Stve, Staff and Associates Southeast Appraisal was formed by Alex Ruden in 1988 to provide multi-disciplined (financial, real property, machinery and equipment, and inventory) appraisal and valuation services to firms and individuals located primarily in the southeast United States, and by extension nationally and internationally. Cost Segregation and Fixed Asset Accounting implementation services are also a significant element of our practice. Services have been completed for the purposes of acquisition accounting; Ad Valorem taxation; allocation of sale or purchase; bankruptcy; construction cost segregation; debt and/or equity restructuring; eminent domain; equitable dissolution; estate matters; fair value accounting; federal and/or state income tax compliance and/or planning; financing or refinancing, leasing, sale I leaseback or syndication; fixed asset control and information systems; insurance damage disputes, placement or proof of loss;purchase or sale of assets. Appraisal / valuation reports are completed for individuals, partnerships, corporations, the SEC, the IRS, other governmental agencies and entities, major national (Big 4) and regional accounting firms, law practices, financial planners, major / regional banks and commercial lenders, and investment banking firms. Our business style is to thoroughly comprehend the direct and indirect ramifications of the appraisal / valuation project. We then analyze and review the relevant value concepts and service levels, considering the relative costs and benefits, with our clients. Through this process, we provide the appropriate level of multi-discipline or single discipline service in a professional and timely manner, for an equitable fee. Certain staff members and associates are listed below(years experience in parenthesis): John B.Allen,CPA,CFF,CVA,financial,BS-Accounting I Economics,Indiana University(25) John Chapman,Jr.. MAI. real property, BOA-Finance,Georgia University,MBA-Emory University(30) Mark Dayman,CPA,ABV,CVA,financial,BA-Vermont University(30) David Eichner,ASA,CEA,m&e,machinery broker,industrial contractor(35),Las Vegas located Ryan Kinahan,ASA,CPA,m&e.BS International Business and Finance-Elon University(20) Larry LeDuc,AEA,machinery and equipment,machinery broker(30) Steve Noble,MAI,real property,BS Ag. Econ-NC State,MBA-Wake Forest University(30) Jim Reinhardt,financial,investment banking/financial,AB Econ-Princeton,MBA-Harvard(30) Alex Ruden,ASA, financial,real property,m&e,BA Accounting-Villanova and Rutgers University(50) Shelby St.John,valuation modeling,BS-Florida State University.MS-Georgia State University(15) We are looking forward to being of assistance by generally discussing appropriate appraisal/valuation alternatives, as well as addressing relevant procedures and strategies for your specific service application. Business Enterprise and intangible Asset Valuations:Real Property,Machinery/Equipment and Inventory Appraisals; Feasibility Studies,Solvency Opinions,Fairness Opinions;Reviews of Appraisals/Valuations of Others - 118- . . . . , . CLIENTS SERVED BY ALEX RUDEN AND/OR SOUTHEAST APPRAISAL AETNA INSURANCE COMPANY HAZELTON LABORATORIES AISIN HOLDINGS OF AMERICA HENRICO COUNTY,VIRGINIA AMERICAN STUDIOS,INC. HERCULES CORPORATION ARAUCO USA HOME INSURANCE COMPANY ARTHUR ANDERSEN& CO. IMERYS NORTH AMERICA BAE SYSTEMS INSURANCE CO, OF NORTH AMERICA BELLSOUTH INTERNAL REVENUE SERVICE BLUE BELL INTERSTATE COMMERCE COMMISSION BUREAU OF NATIONAL AFFAIRS JAMES RIVER PAPER BURLINGTON INDUSTRIES KING& SPALDING BURROUGHS WELLCOME CORPORATION KPMG PEAT MARWICK • CAP-SNAP,INC. LIGGETT GROUP CARILLON HEALTH SYSTEMS MARRIOTT CORPORATION CARRIER CORPORATION MARS CORPORATION CITY OF BALTIMORE, MARYLAND MARTIN MARIETTA CITY OF PETERSBURG,VIRGINIA McDONALD'S CHUBB INSURANCE McGRAW-HILL,INC. CLAY COUNTY,FLORIDA MCI COMMUNICATIONS,INC. . COCA-COLA COMPANY McLEAN TRUCKING COCA-COLA BOTTLING OF NEW YORK MILLER ZELL, INC. COLONIAL CIRCUITS MR.BOSTON LIQUORS COLONNA'S SHIPYARD, INC. NEW JERSEY DOT COMMONWEALTH OF VIRGINIA NUCOR,INC. COMMONWEALTH OF VIRGINIA DOT OWENS CORNING COMI'TRONIX, INC. PAPERPAK PRODUCTS,INC. CONE MILLS PARKS SAUSAGE CONSO PRODUCTS.INC. PEARLSTINE DISTRIBUTORS COOPERS&LYBRAND PENNSYLVANIA DOT CP INDUSTRIES PENSION BENEFIT GUARANTY ASSO. CROWN ROYAL DISTILLARY PEOPLES DRUGS DEL MONTE PERDUE,INC. DELOITTE&TOUCHE PREMIERE COMMUNICATIONS,INC. DIAMOND RUG &CARPET MILLS, INC. PRICE WATERHOUSE COOPERS DISNEY CORPORATION PRINCETON CARPETS,INC. DORSEY TRAILERS PRUDENTIAL INSURANCE COMPANY DYNALECTRON PSYCHIATRIC INSTITUTES OF AMERICA ELLIS&EVERARD PLC R&S STRAUSS ERNST& WHINNEY REYNOLDS METALS ERNST&YOUNG RHODES,INC. EXIDE ELECTRONICS RJ REYNOLDS FACTORY MUTUAL(FM GLOBAL) ROMANOFF FOODS,INC. FEDERAL HOUSING ADMINISTRATION ROPER INDUSTRIES FIREMANS FUND ROYAL GLOBE INSURANCE COMPANY FULLER-PEISER RUSHTON INTERNATIONAL GENERAL ADJUSTMENT BUREAU RUTGERS UNIVERSITY GEORGIA PACIFIC SAFEGUARD INDUSTRIES GIANT PORTLAND CEMENT SAMUEL MANU-TECH INC. GOULD. INC. SANDOZ CORP. GREAT'AMERICAN GROUP SARA LEE--HANES GROUP HARTFORD INSURANCE COMPANY SCHAEFFLER GROUP USA,INC. - 119- .. . , 1 1 SCIENTIFIC ATLANTA TUNE-UP CLINIC SIMPLICITY PATTERNS TURNER BROADCASTING COMPANY SOUTHERN TEA/TETLEY TEA TYCO INTERNATIONAL SPRING MILLS UNION CAMP CORPORATION STERLING WINERY UNITED STATES STEEL SUNCORP VALUATIONS UNITED STATES FIDELITY& GUARANTY SYNDER'S LANCE, INC. UNIVERSAL LEAF TOBACCO SYNDER'S OF HANOVER US AIR TARGET CORPORATION USA.NET TEXFI VULCAN MATERIALS CORPORATION TOUCI IE ROSS WINN DIXIE STORES INVESTMENT BANKERS,CORPORATE FINANCE,ASSET BASED LENDERS, LEASING FIRMS,LOAN GUARANTORS ALLIED CAPITAL HELLER FINANCIAL SERVICES AMSAVE CREDIT CORPORATION HIBERNIA NATIONAL BANK AT COMMERCIAL IBM CREDIT CORPORATION BA COMMERCIAL CORPORATION ITT CAPITAL FINANCE BANK OF BOSTON ITT SMALL BUSINESS CREDIT BANK SOUTH IRVING COMMERCIAL CORPORATION BARCLAYS AMERICAN J.C.BRADFORD BARNETT BANKS OF FLORIDA MARINE MIDLAND BANK BRANCH BANK AND TRUST MERRILL LYNCH BT COMMERCIAL CORPORATION MNC COMMERCIAL CORPORATION C&S BANK , MONY FINANCIAL SERVICES CARLYLE GROUP NATIONS BANK CHASE COMMERCIAL CORPORATION NCNB INVESTMENT BANKING CHEMICAL BANK NORO-MOSELEY CHRYSLER COMMERCIAL CREDIT PENSION BENEFIT GUARANTY CORP. CIGNA FINANCIAL SERVICES RAYMOND JAMES CAPITAL CIT CREDIT GROUPS REGIONS BANK CITICORP INDUSTRIAL CREDIT RESOLUTION TRUST CORPORATION CONTINENTAL ILLINOIS ROBINSON-HUMPHREY COMPANY,INC. • ECONOMIC DEVELOPMENT ADMIN. SECURITY PACIFIC BUSINESS CREDIT E.F. HUTTON SHAWMUT CREDIT CORPORATION EVERGREEN RESOURCES SOUTHEAST BANK FARMERS HOME ADMINISTRATION B&I SOUTHERN NATIONAL BANK OF NC FEDERAL DEPOSIT INSURANCE CORP. SOUTHTRUST BANK FINALCO SMALL BUSINESS ADMINISTRATION FIRST NATIONAL BANK OF ATLANTA STANCHART BUSINESS CREDIT FIRST TENNESSEE BANK STATE STREET BANK FIRST UNION COMMERCIAL CORP. STRATEGIC INVESTMENTS FLEET FINANCIAL STRINGER,WYATT&WILLIAMS FORSCH CORPORATION SUNTRUST BANK FORSTMANN-UTILE TEXTRON FINANCIAL SERVICES GENERAL ELECTRIC CREDIT CORP. THE BRECKINRIDGE GROUP GENSTAR CAPITAL VIRGINIA NATIONAL BANK GMAC BUSINESS CREDIT WELLS FARGO BUSINESS CREDIT GREYHOUND FINANCIAL WESTINGHOUSE CREDIT CORPORATION - 120- SOUTHEAST APPRAISAL 3350 Riverwood Parkway,Suite 1900-19077,Atlanta,Georgia 30339 Phone: (770)883-6987; Fax:(866)839-7887 E-Mail: seappraiserr�,aol.com; Webpage:www.seannvaLcom Prepared by Alex Ruden,ASA(MTS&ARM,CG/GA,Business Valuer) INSURANCE PLACEMENT VALUATIONS AND LOSS PREPAREDNESS An insurance appraisal fulfills three needs: these are independence, placement value data, and proof of loss preparedness. Differing levels and types of insurance appraisals fulfill each of these needs to differing degrees. Addressing each need in turn below: Independence: the insurance company would like to see an appraisal from an outside firm. This is somewhat obvious so that there is not fraud perpetrated by the assured. Yes some insurance companies now have their own appraisers but nasty loss situations may still occur. Placement: an independent valuation will inform the assured about the amount of insurance to carry. Such an analysis may be completed in great detail with say a+/-10%possible variance or in an overview manner with a+i-20% or greater variance. Be wary,just because the insurance carrier does an insurance placement value analysis,as stated before a very nasty loss situation may occur.with the insurance company denying the proper amount of insurance is carried. It does not good to carry excess amounts of insurance, by design or based upon incorrect value analysis. Discussions should be held with the insurance broker/carrier concerning what is covered relating to both the buildings(underground piping,foundations,architect's fees,etc.)and contents (software, engineering and design fees, property of others, etc.) Relating to both buildings and contents one does not want to be a co-insurer,that is,the assured sharing in the cost of the lost due to being underinsured or worse,being the subject of the co-insurance clause of the contract. Proof of Loss: along with having the appropriate amount of insurance, this is the most important element of an insurance appraisal. Directly stated, if one is not prepared to prove one's loss instantly 10% of a fair settlement is gone. If not prepared this lost amount may be 25%. The strategy is to get a balanced"fair/equitable and timely"settlement. These thoughts are directly linked. Yes one can get a fair settlement say 5 years hence,but it is not timely. Or one can get a quick timely settlement if one accepts 75 cents on the dollar. Again,not good. One wants the fair settlement at full value in say 6-12 months or whatever time is appropriate for the loss situation, balancing the wishes of"fair"and"timely"is the critical concept. - 121 - So let's address what is adequate Proof of Loss. The fixed asset accounting record most often is grossly inadequate for a loss situation. Without going into a long explanation, many fixed asset accounting systems contain data that includes intangibles in the values,non-value entries,allocated values,"ghost"disposed assets,transfers in at net book, donated assets, values net of trade-ins, upgrades, and on and on. Various types of detailed diagrams,photographs and movies/videos of specific assets and installations help. Files that have original purchase costs and descriptive detail are wonderful (but rarely are available). Engineering records may help. Sorry,but in the instance of most facilities/operations the assured is not prepared. Oversight in this regard is strongly suggested. Why do I say that? Because I worked for the pre-eminent"insurance loss machinery expert"'firms(my family three generations). No we were not "mean", yes helping assureds as professionally / sensitively possible, but ultimately to reasonably prove one's loss is the assured's responsibility. Repeating, it is the assured's responsibility to prove the loss, that is, the assets that are/were in place and"in use" and the values of the assets. Yes,for those facilities where the appraiser has had the opportunity to prepare a detailed valuation for fair value accounting the information may be very good, at that instant. This assumes that physical verification of the assets in place has been completed,yes perhaps even inter-related with a"trend and bend"work effort. No, a sloppy trend and bend job will not provide adequate proof of loss. Yes, the information must be kept up to date. The asset listings and value information must be kept up to date either within the fixed asset accounting system or as a separate aside record, incorporating inflation/deflation adjustments,changes in depreciation if appropriate for the policy /contract form, and of course additions or deletions. Critical property and casualty insurance thoughts: • One may rather deal with the IRS than fight an insurance battle. • Understand the insurance policy ("contract") co-insurance clause where assured share in the settlement to the extent(say 80%usual)of the insurance that should have been carried. • The fixed asset accounting record is not adequate proof of loss, I repeat, the fixed asset accounting record is not adequate proof of loss. • Understand the difference between a Replacement Cost policy and an Actual Cash Value policy • Replacement Cost policies are"repair or replace"often up to Actual Cash Value(a litigious issue,also considering the issues of Market Value,depreciation or betterment). • Further, if Replacement Cost, usually the insurance policy (contract) states that Actual Cash Value will be paid until or if the covered assets are replaced (language varies per differing forms),then if replaced the full Replacement Cost is paid. • Actual Cash Value generally considers the current cost new for the same functional utility, less physical depreciation / deterioration. But in some instances ACV is considered to mean the cost of replacing the asset at Market Value(another litigious issue). - 122 - • Being unprepared to prove one's loss may prove to be extremely costly,particularly if one had not gone through the exercise and cost of perpetually being prepared in advance. • The insurance company will not pay for betterments, meaning if you have an old Model A asset and now a Model B is only available you will not receive the settlement for a Model B loss. Check insurance contracts in this regard concerning betterments. • The insurance company may well not pay for engineering or intangible assets relating to specific tangible assets. Check the policy and/or discuss this matter with the broker. • Understand what the insurance policy says. One can under-insure as well as over-insure. A personal note. Are you prepared for a loss at your home? Do you have the proof of value and listing of the assets,or at least photos or a movie/video of the residence and the contents? Is this information somewhere else other than in your residence? All are encouraged to get prepared for an unfortunate insured event. But imagine in a loss situation how much less of a fair settlement you would receive if such data is not available. Then project this thought into your business situation. Not good? You are encouraged to cure this situation in all regards. About the Author Alex Ruden, ASA(M&TS,ARM),CO/GA,Business Valuer American Society of Appraisers Senior Appraiser, Machinery and Technical Services, Appraisal Review and Management Certified General Real Property Appraiser,Georgia,Elsewhere by Temporary Permit Business and Intangible Asset Valuation Manager Education: Villanova University,Engineering 2 years Rutgers University,BS Accounting,Emphasis on Managerial Accounting/Finance Rutgers University,Business Administration Graduate School, 75%complete Military Service: United States Marine Corp,3 years,Aviation Radar Technician Alex is the fourth generation of his family in the appraisal / valuation business. Ibis great grandfather was a Public Adjuster being a partner in a well known Manhattan insurance district firm. Both his grandfather and father were"machinery experts" assisting staff and independent insurance adjusters with their loss work. Alex worked within the family firm but eventually moved on to certain national firms prior to establishing Southeast Appraisal in 1988. The firm not only provides insurance related services but also multi-disciplined appraisal/valuation and fixed asset accounting services for financial and tax reporting,property taxation,financing,Eminent Domain matters. fixed asset accounting.and so forth. - 123- aa. E., '..( U r Q w - A A a 0 0el. H 3 of r�'' j N' �...t'. coo !� P IC iz tea `" O n a. : c. o rn 0. ai 6• cit '`" CA CT . p 5. ,mow. a- `C .' am ...t. . -1 =' Q ' _, a 5,) ,,,:.,,,j. ri. i 4,..t.;., r0 t Ie•n w e 3 - I ... . ru 9 IA .44%.,e‘ 43 g ._ . gCO tcn 0d. re ry o 0 * 0 se st a• R g el - 124- a c P ' N 4 . 7.1 Cil E. rL 0 a r al %Q ` cr co 0 rD p : to 5 *az < - ro PaC ett • - . ill 6 .. -• ' '' ' '' It -,‘ .G1 0-4. )--t =LCD a Att iii 1 1 . ., ., ,. . .„ . 0 n ,. .. „, CD M" ;17-1-1 1 6 n • R-pt 0 w 0 2 d ma to = — • •• CIS V) o CSU i F I e ` a r-ii Cin Lea a F4 W - 125 - 3t Q 0 q al CO 0 Pi r > 7174 til t".4 .--, 1 ir,-,4:: t„ s ',-;,i ped •• e'^h & +r• ,,1111::.,?, , :, �+p) �' 0 i-ff.1.. 2 lir tz. in,, x kI !. > ,,,,,,, = cf...+, 4 Ig .1z; -4. Cf Q 5. 0 0 ki o• ei (1-.) 00 g co CA CD IMftt 0 crg titICI i 1,1 — 126 — CAN THE SAME ASSET HAVE DIFFERENT VALUES FOR DIFFERENT BUSINESSES No,an asset may not have different values for different businesses if the value concept is"in-exchange" based. But distance and Installation matters and does affect the value. For example,the same asset say in Chicago,as well as In New Zealand,has differing values to a group of Indiana buyers. Or,the same asset,assuming the buyer pays for deinstallation,would have differing values based upon the relative costs of removing the asset. This thought is basic. The more challenging question is if the same asset"in continued use"can have differing values. This writer believes so,based upon the relative capital contribution,and relative level of economic support, for the subject asset. The temptation Is to claim that any difference should be attributable to the relative level of the intangible assets. Some of this argument Is germane. But with the intangible assets being the same in value the contribution to profitability may vary to the level of the tangible personal property. Often this variance is product and/or utilization based. A product based variance example may be a Mazak machining center used to make very dose tolerance special metal parts,vs.the same asset being used to produce much greater tolerance carbon steel parts. A utilization based variance example may be the same machining center being used in an 8 hour constant production process,vs. used occasionally in the maintenance machine shop of the same facility(note this is the same business) A test of this logic is an Impairment study for Fair Value accounting. Two businesses may have precisely the same assets,but due to any number of entity specific or outside causes,the level of impairment by dip beyond the value of the intangible assets to the tangible personal property. As another example, the same asset within the same business enterprise may have a differing value"in continued use". A specific example may be an automotive parts manufacturer with a number of lines,where the production needs and utilization of one line Is different from another,yet many of the assets in each line are identical, Consideration of this Issue is particularly important to the"continued use"appraiser working in the areas of Ad Valorem taxation,income tax purchase price allocations,and Fair Value accounting. Standing alone,the M&TS appraiser may not have the Information necessary to determine the variance amount based upon the level of economic support. This appraiser should work with the financial appraiser on the assignment to calculate these amounts,being attributable to economic obsolescence.; - 127- f I insurance Valuations and Loss Preparedness An insurance appraisal fulfills three needs: these are independence, placement value data, and proof of loss preparedness. Differing levels and types of insurance appraisals fulfill each of these needs to differing degrees. Addressing each need in turn below: Independence: the insurance company would like to see an appraisal from an outside firm. This is somewhat obvious so that there is not fraud perpetrated by the assured. Yes some insurance companies now have their own appraisers but nasty loss situations may still occur. Pjacement: an independent valuation will inform the assured about the amount of insurance to carry. Such an analysis may be completed in great detail with say a+/-10%possible variance or in an overview manner with a +/-20% or greater variance. Be wary,just because the insurance carrier does an insurance placement value analysis,as stated before a very nasty loss situation may occur,with the insurance company denying the proper amount of insurance is carried. Proof of Loss: along with having the appropriate amount of insurance, this is the most important element of an insurance appraisal. Directly stated, if one is not prepared to prove one's loss instantly 10% of a fair settlement is.gone. If not prepared this lost amount may be 25%. The strategy is to get a balanced"fair/equitable and timely"settlement. These thoughts arc directly linked. Yes one can get a fair settlement say 5 years hence,but it is not timely. Or one can get a quick timely settlement if one accepts 75 cents on the dollar. Again,not good. One wants the fair settlement at full value in say 6-12 months or whatever time is appropriate for the loss situation, balancing the wishes of"fair"and"timely"is the critical concept. So let's address what is adequate Proof of Loss. The fixed asset accounting record most often is grossly inadequate for a loss situation. Without going into a long explanation, many fixed asset accounting systems contain data that includes intangibles in the values, non-value entries, allocated values from acquisitions, "ghost" assets, transfers in at net book,values net of trade-ins,%value upgrades,and on and on. Flow diagrams help to prove ones loss. Photographs and movies / videos of specific assets and systems help. Files that have original purchase costs and descriptive detail are wonderful (but rarely are available). Engineering records may help. Sorry,but in the instance of most facilities/operations the assured is not prepared. Oversight in this regard is strongly suggested. Why do I say that? Because I worked for the pre-eminent"insurance loss machinery expert" firms(my family three generations). No we were not "mean", yes helping assureds as professionally f sensitively possible, but ultimately to reasonably prove one's loss is the aQsured's responsibility. Repeating, it is the assured's responsibility to prove the loss,that is,the assets that are/were inplace and"in use"and the values of the assets. Yes,for those facilities where the appraiser has had the opportunity to prepare a detailed valuation for fair value accounting the information may be very good, at that instant. This assumes that - 128- ___ . _., • physical verification of the assets in place has been completed,yes perhaps even inter-related with a"trend and bend"work effort. No,a sloppy trend and bend job will not provide adequate proof of loss. Yes,the information must be kept up to date. The asset listings and value information must be kept up to date either within the fixed asset accounting system or as a separate aside record, incorporating inflation.!deflation adjustments,changes in depreciation if appropriate for the policy /contract form,and of course additions or deletions. Critical property and casualty insurance thoughts: • One may rather deal with the IRS than fight an insurance battle. • Understand the insurance policy ("contract")coinsurance clause where assured shares in the settlement to the extent(say 80%usual)of the insurance that should have been carried. • The fixed asset accounting record io not adequate proof of loss. I repeat, the fixed asset accounting record is not adequate proof°floss. • Understand the difference between a Replacement Cost policy and an Actual Cash Value policy • Replacement Cost policies are"repair or replace"often up to Actual Cash Value(aa litigious issue,also considering the issues of Market Value,depreciation or betterment). • Further, if Replacement Cost, usually the insurance policy (contract) states that Actual Cash Value will be paid until or if the covered assets arc replaced (language varies per differing forms),then if replaced the full Replacement Cost is paid. • Actual Cash Value generally considers the current cost new for the same functional utility, less physical depreciation / deterioration. But in some instances ACV is considered to mean the cost of replacing the asset at Market Value(another litigious issue). • Being unprepared to prove one's loss may prove to be extremely costly,particularly if one had not gone through the exercise and cost of perpetually being prepared in advance. • The insurance company will not pay for betterments,meaning if you have an old Model.A asset and now a Model B is only available you will not receive the settlement for a Model B loss. Check insurance contracts in this regard concerning betterments. • The insurance company may well not pay fbr engineering or intangible assets relating to specific tangible assets. Check the policy and/or discuss this matter with the broker. • Understand what the insurance policy says. One can under-insure as well as over-insure. A personal note. Are you prepared for a loss at your home? Do you have the proof of value and listing of the assets,or at least photos or a movie/video of the residence and the contents? Is this information somewhere else other than in your residence? All are encouraged to get prepared for an unfortunate insured event. But imagine in a loss situation how much less of a fair settlement you would receive if such data is not available. Then project this thought into your business situation. Not good? You are encouraged to cure this situation in all regards. Alex Ruden, ASA (M&TS & ARM). CG/GA, Business Valuer, is the fourth generation of his family in the appraisal/valuation business. His great grandfather was a Public Adjuster being a 4.12Q partner in a well known Manhattan insurance district firm. Both his grandfather and father were "machinery experts"assisting staff and independent insurance adjusters with their loss work. Alex worked within the firm but eventually moved on into marketing and providing multi-disciplined appraisal/valuation and fixed asset accounting services for financial and tax reporting,property taxation,financing,insurance,fixed asset accounting,and so forth. _�. . __..w....__ __.__....�..__...�._.....____..- 130 ASSUME ASSET IS 3 YEARS OLD.COST FEW IIIEN WAS 520,000.TECHNOLOGY ADVANCE 10%TO NOW FROM WHEN NEW.PHYSICAL DETERIORATION 3 YEARS ON 10 YEAR LIFE THEREFORE 24% PER MARSHALL VALUATION SERVICE AGF IFE CARVE.FUNCTIONAL OBSOLESCENCE IS 5%DUE MACHINE DrscRIP'noN YAiA(ATION DATE E IS SEPTEMBER I,2022 WED BRIDGEPORT MODEJ.A VERTICAL MILL COST NEW,FOR,ELMIRA,NY(3 YEARS AGO) $20,000 • ' 3a DIRECT COSTS(3 YEARS AGO) • FREIGHT 52.000 RIGGING/MILLWRIGHT WORK 5.2,000 \ ITni.IIIFS HOOKUP.ELECTRICAL 52,000 SALES TAX • 5E000 ;ru.... TOTAL DIRECT COSTS 57,000 INDIRECT COSTS(3 YEARS AGO) ENGINEERING/PURCHASING 5500 COMMISSIONING Sl 000 TOTAL INDIRECT COSTS $1,500 TOTAL DIRECT AND INDIRECT COSTS $11.500 . TOTAL COST(HISTORIC).AMOUNT BOOKED 5283003 SEE"NEW"ASSET CALCULATIONS FOR FINANCIAL AND TAX 3 YEARS AGO ACCUMULATED DEPRECIATION.FINANCIAL 55.550 3 YEARS AT 10%PER YEAR ON 10 REPORTING YEAR ME.CAIrULATFD AS 30%OF 5211.500 NET BOOK VALUE.FINANCIAL REPORTING 519,950 CALCULATED AS$28,5011-$8.S50 NEI BOOK VALUE,TAX REPORTING(MACRS.S 54,101 FROM TAX TABLE.ACCI'-E.FAMED TOTAL COST(REPLACEMENT COST NEW), 531,350 522,000.NOW 10%COST MORE MIT MODEL B WOULD NOW COST 522,0000 BEING 10%ADVANCED.PLUS$8500 X 10% 10%MORE BASE,AS WELL.AS DIRECT AND INSTALLED ALSO REFLECTING 10% INDIRECT COSTS INFLATION USED MARKET(DERIVED FROM MARKET 512,010 COST 1S P O R.FROM DEALER RESEARCH) EXCESS CAPITAL COST(TECIINOLOGYi 10% COMPARED TO NEW ASSET PI IYSICAI,DEPRECIATION 24% PER MVS.NOT LINEAR FUNCTIONAL OBSOLESCENCE(APPRAISERS 3% LOST SOME TOLERANCE SINCE NEW ESTIMATE) 3 YEARS Apo INSTALLATION FACTOR 39% CALCULATED DY 58300 INSTALLATION DIVIDED BY$22000 COST OF THE ASSE F 4fOOVEARE THE ASSUMED F2C7V TO BE APPLIED FOR Tills EXAMPLE TO DEVELOP LEVELS OFTRADE VALUES flELOJY - 131 - • • 1,EVF,1 R OF TRADE.VAIL%APPLICATIONS INSURANCE PLACEMENT COST NOW(CALLED 528.350 RP. CALCULATED AS$311,500 X(1+1046) REPLACEMENT PRICE FOR INSURANCE 521,546 FOR INFLATION X(1-10%)FOR POLICIES BUT ACTUALLY IS REPRODUCTION ACV EXCESS CAPITAL COST X(1$%)FOR COST NEW,IE.,SAME PRODUCTIVE UTILITY). FUNCTIONAL OBSOLESCENCE TO OR ACTUAL CASH VALUE WHICH IS DERIVE CURRENT REPLACEMENT ESSENTIALLY PHYSICALLY DEPRECIATED COST OF$28,350,OR FOR ACTUAL REPLACEMENT COST(CAN BE THOUGHT OF AS CASH VALUE THE REPLACEMENT BEING THE SAME FUNCTIONAL UTILITY COSTNEW OF 528,350 LESS 24%FOR WITHOUT BETTERMENTS AND CONSIDERING 3 YEARS OF PHYSICAL. PHYSICAL DETERIORATION) DlTERJORATIN.NETTING TO$21,546 PURCHASE PRICE ALLOCATION,FAIR VALUE 521,546 SAME AS JUST ABOVE FOR ACTUAL UNDER ASC 805.IFRS 3(ASSUMING ADEQUATE CASH VALUE COVERAGE(NOTE. ECONOMIC SUPPORT) REDUCE FOR ECONOMIC OBSOLESCENCE IF NOT ADEQUATE ECONOMIC SUPPORT) PURCHASES PRICE ALLOCATION,IRS,FAIR $21,546 AGAIN.SAME AS JUST ABOVE MARKET VALUE IN CONTINUED USE (NOTE,ALSO REDUCE IF NOT (ASSUMING ADEQUATE ECONOMIC SUPPORT) ADEQUATE ECONOMIC SUPPORT MARKET VALUE.INSTALLED.MAY BE USRD 816.680 'CALCULATED AS S12,000 USED FOR FAIR VALUE REPORTING AS AN MARKET VALUE+39% ALTERNATIVE TO ABOVE NOTED PURCHASE INSTALLATION FACTOR PRICE ALLOCATION FAIR VAIMEOFS21.546 MARKET VALUE.REMOVAL FOR ADJLIS'TEI) $12,000 ESTIMATE F.O.B.COST BASED UPON BALANCE SHEET APPROACH,FINANCING, DEALER DISCUSSIONS BUSINESS DISSOLUTIONS,ETC. AI)VALOREM TAXATION.MARKET VALUE $20,790 CALCULATED AS 421,000 NET OF (CERTAIN JURISDICTIONS CONSIDERING"IN INDIRECT COSTS X.(1+10%)FOR USE"INSTALLED VALUE.TREND UP INFLATION X(1.30%)FOR 3 YEARS HISTORICAL COST AND DEPRECIATE ON OP STRAIGHT LINE DEPRECIATION, STRAIGHT LINE BASIS OR ACCORDING TO TAX TABLES NOTE: MOST TAX ASSESSOR'S USE:Till;iiVS (NOTE,LEVEL OF ECONOMIC AGE/LIFE DEPRECIATION CURVE IF SO SUPPORT NOT CONSIDERED,ALSO RAIZ IER THAN THERM BEING 30%FOR 3 YEARS 51,500 OF INTANGIBLE ASSETS/ OF STRAIGHT LINE DEPRECIATION IT WOULD INDIRECT'COSTS IN VALUE NOT BE 24%WITH THE VALUE BEING HIGHER AT INCLUDED AD VALOREM TAXATION.MARKET VALUE AS 516,680 CALCULATED AS$13,000 USED USED PLUS DEPRECIATED INSTALLATION. MARKET VALUE+.39%OF 512,000 NOEL?THIS MAY BE TIIE TAXPAYERS FOR DEPRECIATED INSTALLATION APPROACH OLV,FOR FINANCING PURPOSES $9,600 CALCUTATEI)AS 10%LESS THAN 512,000 FMV OLV,FOR FINANCIAL RoORTING(I3ARGAIN 58,640 NET OF SELLING COSTS OF 10% PURCHASE) FI.Y,FOR FINANCING PURPOSES 59.201) CALCULATED AS 60%ON S13,000 DECISION OF THE VALUE ADJUSTMENT BOARD DR-485V alt 17 ' * VALUE PETITION Rule 120-16.0 02 F.A.C. Polk County County Eft 01117 FLORIDA The actions below were taken on your petition. ga These actions are a recommendation only, not final 0 These actions are a final decision of the VAB if you are not satisfied after you are notified of the final decision of the VAB,you have the right to file a lawsuit in circuit court to further contest your assessment (See sections 193.155(8)0),194.036,194.171(2),196.151,and 197.2425, Florida Statutes.) Petition 4 20214)208Parcel ID 2011/524 Petitioner name SCOTT TYLER — Property 365 PROGRESS RD The petitioner is:❑taxpayer of record(]taxpayer's agent address AUBURNDALE,FL 33823 other,explain: Decision Summary 0 Denied your petition 0 Granted your petition ❑Granted your petition In part ValueValue from Before Board Action After Board g Lines 1 and 4 must be completed TRIM Notice vRule 12Dsented-9.025(10), Aber Action 1. Just value, required4,788,008.00 4,788,006.00 4,788,006.00 2.Assessed or classified use value,*if applicable 4,788,008.00 4,788,006.00 4,788,006.00 3. Exempt value,*enter*Cr If none 25,000.00 25,000.00 25,000.00 4.Taxable value,*required 4,763,006,00 4,763,008.00 4,763,006.00 "All values entered should be county taxable values.School and other taxing authority values may differ.(Section 196.031(7),F.S.) Reasons for Decision Fill-in fields will expand or add pages,as needed. Findings of Fact (See Attached) Conclusions of Law .,._. (See Attached) • Qj Recommended Decision of Special Magistrate Finding and conclusions above are recommendations. Alex Ruden Alex Ruden Signature,special magistrate Print name Date Stephanie May Stephanie May Signature,VAB clerk or special representative Print name Date if this is a recommended decision,the board will consider the recommended decision on at Address If the line shove is blank,the board does not yet know the date,time,and place when the recommended decision will be considered.To find the information,please call (863)534-6502 or visit our web site at https:lfapps.polkcountycterk.netI - ❑ Final Decision of the Value Adjustment Board Signature.chair,value adjustment board Print name Date of decision Signature,VAS clerk or representative Print name _ Date railed to panics 2021-00208 Page 1 of t - 133- . Findings of Fact for Petition 2021-00208: Hearing Scheduled for November 5, 2021 at 10:30 AM Property Appraiser's Office and VAB Representatives Tina Greene, CFE, Karen Price, and Todd Mudge Petitioner's Representative Eric Marrera and Katherine Ortiz for Scott'Tyler of Ryan LLC, Houston,Texas Special Magistrate, Tangible Personal Property,Alex Ruden,ASA (MTS,ARM), CG/ Georgia Evidence Packages, 259 pages by PAO exclusive of notices, 154 pages by Petitioner excluding petition and power of attorney The subject business enterprise is referred to as Buckhead Beef Company,located at 355 Progress Road in Auburndale, Florida 33823. The firm operates out of a 110,000 square foot facility. The firm is a beef meat packer providing beef cuts of meat to food markets and restaurants. The firm is a subsidiary of Sysco, per information on the internet Sysco is a global leader in selling, marketing and distributing food and non-food products to restaurants, healthcare and educational, facilities, lodging establishments and other customers around the world. Overview of more important evidence presented by the Property Appraiser's Office The Original Cost Value reported by Buckhead Beef is $10,784,272, with an assessed value of$4,788,006, less the Exemption Value of$25,000 netting to the Base Taxable Value of$4,763,006. The valuation considers the Cost Approach, Sales Comparison Approach and Income Approach, with the value estimated being based upon Fair Market Value - Installed. As such, Fair Market Value - Installed must meet the following requirements: I. Equipment is installed 2. The highest and best use is as installed for the purpose of producing income 3. The equipment is employed or part of a business enterprise used to produce income 4. The equipment is economically feasible The Cost Approach was developed for the purpose of the PAO's analysis, considering Replacement Cost New - Installed, physical depreciation,but not functional nor economic obsolescence. It is noted that the PAO indicates that the depreciation schedule developed by Polk County indicates shorter normal useful lives than those provided by Marshall Valuation Service or the American Society of Appraisers. Further, due to the nature of mass appraisal, the PAO relies on the historic or actual age of the TPP to 2021-00208 Page 2 of 7 _.. __.._._..._....._.._..._...........__._. ._ _ 134- • represent its effective age. The Useful Life Study of the Polk County PAO is provided as an addendum within their exhibit package. Neither the Sales Comparison Approach nor the Income Approach was developed by the PAO. Other subjects addressed within the PAO evidence include the concept of Inutility (plant operating at less than its design or rated capacity), and Capacity Utilization Rate (actual output/potential output). It is noted that the PAO requested financial, production, and other information from the Petitioner, with such information not being provided. Further the PAO was not permitted to view the Tangible Personal Property at the subject facility. The PAO provided an account summary by asset category detailing the original cost, replacement cost new, depreciation table, assessed value, overall % good to replacement cost new, item count and oldest to newest date. Following the account summary is an asset by asset listing of each rendered/reported asset by description, year acquired, original cost, index factor, replacement cost new, depreciation table, % good and assessed value. To the original cost by year acquired the PAO applied an index factor, by asset description, to develop the Replacement Cost New. These index factors the PAO states are from the Producer Price Index prepared by the Bureau of Labor Statistics. According to Investopedia on the Internet"the producer price index (PPI) is a family of indexes that gauges the average fluctuation in selling prices received by domestic producers over time." It is noted that some assets, such as a refrigerator, may increase in cost over time. Conversely some assets such as personal computers may decrease in cost over time. Graphed information is provided by the PAO as to its normal useful life studies for kitchen equipment, general office furniture and equipment, computer and accessory equipment, laptop computers, general security equipment, conveyor equipment, molds/ dies, and signage. For each of the noted asset classes Polk County represents that such assets are currently in use, with the applied depreciation for the county being shorter. For example, conveyor equipment of 12-15 years of age is still 46% and 36%respectively in use. For this asset category a 10 year Normal Useful Life was applied. The Industry Sector estimated Normal Useful Lives chart of the American Society of Appraisers is provided. Then the ASA's specific life chart of some 28 pages is presented. The business personal property tax return of Buckhead Beef(Budkhead Florida) is then presented. The 2021 Polk County Department Code Index and trend factor listing is presented. The trend factor chart, 27 pages, utilized by the PAO is presented. 2021-00208 Page 3 of 7 - 135- The PAO Consideration, by each of its 8 points, of Florida Statute 193.011 is offered (see pages 242-244). Relating to Covid-19 information is offered concerning the State of Florida's response to the pandemic, noting that Florida has created its own guidance in this regard. Overview of more important evidence presented by the Petitioner The Petitioner was represented by staff of Ryan, LLC. The evidence offered related to both the Fair Market Value -Installed, without consideration of the effect of Covid-19 (ie. economic obsolescence) as well as due to the effect of the pandemic. The more important information provided as evidence by the Petitioner is as follows: 1. Executive Summary 2. Purpose of Appeal 3. Company Profile 4. Property Description 5. Reference Sources 6. Florida Personal Property Assessment Process, noting 8 factors of F.S. 193.011 Key considerations of the evidence are as follows: 1. The assessment must be arrived at by complying with F.S. 193.011 2. The assessment must be arrived at by complying with "professionally accepted appraisal practices, including mass appraisal standards, if appropriate". 3. F.S. 194.301 provides that "The provisions of this subsection preempt any prior case law that is inconsistent with this subsection". The Petitioner's representative then presents the following information: 1. Citations from the VAB training manual 2. Information concerning the Darden Restaurants case 3. Information about the Cost, Sales Comparison and Income Approaches to value, stating that the PAO has not considered Functional Obsolescence nor Economic Obsolescence in its value analysis. 4. Discussion of the Marshall Valuation Service depreciation tables. The Petitioner also utilized the Cost Approach, modified by its analysis to capture depreciation 1 obsolescence from all causes. Further, the Petitioner cites Willamette (a well respected national appraisal company) stating that 3 economic principles form the basis of the cost approach to valuation, ie. Substitutions, Supply and Demand, and Externalties. Further, the Petitioner cites The Appraisal Foundations USPAP Standard 5 guidance as to the elements that are required to produce a credible mass appraisal. Then the Petitioner cites 16 points of the IAAO and ASA describing appropriate methodology 2021-00208 Page 4 of - 136- • for developing depreciation schedules from market derived data. The ASA's concept and application of Remaining Obsolescence Factor is addressed particularly as it relates to asset classification groups. Discount for Ownership is addressed, ie. discounts applicable immediately after an asset is purchased, and offered for sale or sold to a secondary owner(for example a newly purchased automobile immediately sold to a secondary purchaser). The Petitioner cites the work of PTRS in developing depreciation schedules for Tangible Personal Property. It is stated that comparable sales data is utilized in this regard. The Petitioner then offers its value analysis table showing pre-Covid-19 and post- Covid-19 values as they are affected thereby. In this regard much information is provided relating to macro-economic effects of Covid-19. Extensive discussion of economic obsolescence follows. Thereafter the Petitioner essentially presents an extensive essay addressingnumerous published and case sources discussing the development and use of depreciation curves. Appendix G. H and I — PTRS Market-derived Depreciation Schedule Guide is addressed. Appendix J is the Petitioner's Asset Detail Valuation Analysis, applying inflation factors and the PTRS depreciation factors. 2021-00208 Page 5 oft - 137- Conclusions of Law for Petition 2021-00208: Conclusions of Law The Property Appraiser's Office presented reasonable evidence leading to a credible indication of value. Key elements of this consideration are as follows: 1. Cost Approach data is developed, with both the Sales Compa 'son Approach and the income Approach considered not being applicable nor capable o reasonable development. 2. The PAO utilizes shorter lives, based upon its own market research, as compared to ' DOR provided lives and/or ASA developed lives. 3. The PAO astutely indicates that the Cost A. 'roach does not consider either functional or economic obsolescence, nor did it apply - +d:itional depreciation factors in this regard. 4. Depreciation factors are based upon the Marshall Valuation Service age/life table, considered by the appraisal industry as being a reasonable indication of"installed" remaining value. 5. Neither functional obsolescence nor economic obsolescence factors, prior to addressing Covid-19 issues, were developed. 6. The PAO did not address any possible economic obsolescence effect of the Covid-19 pandemic, other than offering information concerning how the State of Florida dealt with such issues. 7. Overall, the value information developed by the PAO is considered reasonably persuasive The Petitioner presented evidence relating to the values without consideration of the Covid-19 pandemic, as well as considering the possible level of economic obsolescence resulting from the pandemic. Key elements of this consideration are as follows: I. The Petitioner states that the PAO analysis does not include all forms of depreciation. However, the PAO does state in its evidence that neither functional obsolescence or economic obsolescence has been applied in its analysis. 2. The Petitioner extensively relates valuation information from a number of respected sources (as previously noted). Such information is considered generally reasonable "guidance" within the profession. 3. The Petitioner applies its essentially straight-line age/life factors, as compared to the age/life curve utilized by the PAO, the latter PAO factors being considered to more appropriately reflect physical deterioration of installed tangible property. 4. The Petitioner relies heavily upon information provided by PTRS, an independent consulting firm, for its development of its age/life factors, as well as Remaining Obsolescence Factors. However, there is not clearly provided or sufficient asset detail information in this regard. 5. Relating to the possible effect of Covid-19 causing additional economic obsolescence, the Petitioner's information is not acceptably developed. As has been noted the PAO requested from Buckhead Beef(not its parent Sysco) detailed financial and production information in this regard. Such requested data was not provided. Further, the PAO requested access to the facility, but such access was denied. Lastly, and of significant 2021-00208 Page 6 of 7 - 138- importance, the Petitioner offers generalized statements concerning the national impact of Covid-19 on industry, as well as general information concerning Sysco (the Buckhead Beef Company's parent). Such general information is not directly related to this appeal matter and is considered irrelevant. In conclusion, the value information developed by the PAO office is reasonably developed and generally credible. The value information offered by the Petitioner is general in nature and not sufficiently detailed nor supportive as it relates to the subject property. THEREFORE, IT IS THE DECISION OF THE SPECIAL, MAGISTRATE THAT THE PETITION IS DENIED. 2021-00208 Page 7 of 7 - 139-