Board trims building value for Howell Metal warehouse, leaves vacant parcels unchanged
Summary
On June 18 the county board reduced the assessed building value of Howell Metal's commercial warehouse (PID 7058) after a financial packet was submitted; three vacant land parcels tied to the company remained unchanged.
Bert Choi appeared by conference call June 18 for Howell Metal and provided a packet of the previous year's expenses, income and profit. After reviewing the materials the Shenandoah County Board of Equalization voted to reduce the building value for PID 7058 and left three vacant land parcels unchanged.
BOE members noted PID 7058 is a commercial warehouse with no recent improvements. The board discussed the company's financial evidence and agreed that a reduction in the building value was warranted; PIDs 7838, 7839 and 31776 (all vacant land) were recorded as no change.
A motion by Butch Barnes, seconded by Bill Wines, carried with all agreeing. The board set PID 7058 BUILDING VALUE to $3,655,700, reducing the parcel's OVERALL VALUE to $11,121,700. The minutes do not record individual roll-call votes beyond the unanimous outcome.
No additional follow-up or appeals information was recorded in the minutes.
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