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Attempt to lower Iron Horse Properties valuation fails, but referee recommendation adopted later

Gage County Board of Equalization · July 8, 2026
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Summary

A motion to lower Iron Horse Properties’ parcel to $270,000 failed for lack of a second; a referee-recommended, smaller reduction for Iron Horse parcels was later approved as part of the referees’ list.

Supervisor Rex Adams moved to lower parcel #010230000, owned by Iron Horse Properties (represented by Nolan Schafer), to $270,000; the motion died for lack of a second. The record shows Schafer appeared for Iron Horse Properties during the reconvened session.

Later in the meeting the referees' recommendations submitted to the board included a reduction for Iron Horse Properties (parcel #010230000) from $334,330 to $307,735; that recommendation was included in the list approved by the board (motion by Eddie Dorn, seconded by Rex Adams, motion carried 5-0).