Board of Equalization and Review - March 15, 2012 Date run: 4/25/2012 11:19:46 AM NCPTS V4 TR-121 Appeal Docket Report Report Parameters: Calendar Pk: TIME 9:00 AM 1 ROW NO. 5 LEVEL BER Docket Date: CASE NUMBER 11-BER002364 3/15/2012 APPEAL ID OWNER/ APPELLANT PARCEL ID/ VIN CONSE NT ABS TYPE 29990 ALPHA SOLUTIONS LLC - ATTN: KENN HUSTON 11702101 N REI ABS NUMBER 0001803328-20112011-0000-0 REASON 01 Above Market STAFF NOTES )RUHFORVXUHQR 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV ODQGQRWDSSUHFLDWLQJ APPRAISER PENALTY AMOUNT ($) PENALTY DECISION APPR VALUE ($) APPELLANT OPINION VALUE ($) STAFF REC STAFF REC VALUE ($) DECISION DECISION VALUE ($) MOTION DEVAULT, CHERYL 0 11,600 9,700 01 REDUCTION 9,900 ACCEPT STAFF REC 9,900 ZH/UM DEVAULT, CHERYL 0 38,100 26,483 01 REDUCTION 31,700 ACCEPT STAFF REC 31,700 ZH/UM DEVAULT, CHERYL 0 35,200 26,483 01 REDUCTION 28,900 ACCEPT STAFF REC 28,900 ZH/UM 6DOHV5DWLR &2' &RXQW\CV&DVH $GMXVWHGIRUVKDSH 5HFRPPHQGQHZYDOXH RI 9:00 AM 2 BER 11-BER005774 14593 ALPHA SOLUTIONS LLC - ATTN: KENN HUSTON 11702102 N REI 0001803334-20112011-0000-0 01 Above Market )RUHFORVXUHQR 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV UHDOHVWDWHQRW DSSUHFLDWLQJVDOHV 6DOHV5DWLR &2' &RXQW\CV&DVH&RPSV SURYLGHGDUH)& YLVLWDWLRQGHHPHG ORZHULQJH\EWR 5HFRPPHQGQHZYDOXH RI 9:00 AM 3 BER 11-BER005782 14590 ALPHA SOLUTIONS LLC - ATTN: KENN HUSTON 11702103 N REI 0001803339-20112011-0000-0 01 Above Market )RUHFORVXUHQR 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV FRPSVDOHVUHDOHVWDWH QRWDSSUHFLDWLQJ 6DOHV5DWLR &2' &RXQW\CV&DVHORZHUHG H\EIRUHTXLW\ 5HFRPPHQGQHZYDOXH RI PAGE 1 of 16 DECISION COMMENTS Board of Equalization and Review - March 15, 2012 TIME 9:00 AM 4 ROW NO. LEVEL BER CASE NUMBER 11-BER005784 APPEAL ID OWNER/ APPELLANT PARCEL ID/ VIN CONSE NT ABS TYPE 14595 ALPHA SOLUTIONS LLC - ATTN: KENN HUSTON 11702106 N REI ABS NUMBER 0001803354-20112011-0000-0 REASON 01 Above Market STAFF NOTES )RUHFORVXUHQR 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV UHDOHVWDWHQRW DSSUHFLDWLQJVDOHV APPRAISER PENALTY AMOUNT ($) PENALTY DECISION APPR VALUE ($) APPELLANT OPINION VALUE ($) STAFF REC STAFF REC VALUE ($) DECISION DECISION VALUE ($) MOTION DEVAULT, CHERYL 0 35,900 22,188 01 REDUCTION 29,500 ACCEPT STAFF REC 29,500 ZH/UM DEVAULT, CHERYL 0 36,200 22,188 01 REDUCTION 29,100 01 REDUCTION 28,800 ZH/UM DEVAULT, CHERYL 0 39,400 0 01 REDUCTION 32,800 ACCEPT STAFF REC 32,800 ZH/UM DEVAULT, CHERYL 0 35,700 22,188 01 REDUCTION 29,600 01 REDUCTION 29,300 ZH/UM 6DOHV5DWLR &2' &RXQW\CV&DVHORZHUHG H\EWRIRUHTXLW\ 5HFRPPHQGQHZYDOXH RI 9:00 AM 5 BER 11-BER005778 14597 ALPHA SOLUTIONS LLC - ATTN: KENN HUSTON 11702107 N REI 0001803359-20112011-0000-0 01 Above Market )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV UHDOHVWDWHQRW DSSUHFLDWLQJVDOHV 6DOHV5DWLR &2' &RXQW\CV&DVHORZHUHG H\EWR 5HFRPPHQGQHZYDOXH RI 9:00 AM 6 BER 11-BER005780 14603 ALPHA SOLUTIONS LLC - ATTN: KENN HUSTON 11702108 N REI 0001803366-20112011-0000-0 01 Above Market )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 1$ 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV UHDOHVWDWHQRW DSSUHFLDWLQJVDOHV 6DOHV5DWLR &2' &RXQW\CV&DVHORZHUHG H\EWR 5HFRPPHQGQHZYDOXH RI 9:00 AM 7 BER 11-BER005777 14601 ALPHA SOLUTIONS LLC - ATTN: KENN HUSTON 11702109 N REI 0001803372-20112011-0000-0 01 Above Market )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV UHDOHVWDWHQRW DSSUHFLDWLQJVDOHV 6DOHV5DWLR &2' &RXQW\CV&DVHORZHUHG H\EWR 5HFRPPHQGQHZYDOXH RI PAGE 2 of 16 DECISION COMMENTS Board of Equalization and Review - March 15, 2012 TIME ROW NO. 9:00 AM 8 LEVEL BER CASE NUMBER 11-BER002366 APPEAL ID OWNER/ APPELLANT PARCEL ID/ VIN CONSE NT ABS TYPE 27029 ALPHA SOLUTIONS LLC - ATTN: KENN HUSTON 11702110 N REI ABS NUMBER 0001803377-20112011-0000-0 REASON 01 Above Market STAFF NOTES )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV UHDOHVWDWHQRW DSSUHFLDWLQJVDOHV APPRAISER PENALTY AMOUNT ($) PENALTY DECISION APPR VALUE ($) APPELLANT OPINION VALUE ($) STAFF REC STAFF REC VALUE ($) DECISION DECISION VALUE ($) MOTION DEVAULT, CHERYL 0 39,700 22,188 01 REDUCTION 33,200 ACCEPT STAFF REC 33,200 ZH/UM DEVAULT, CHERYL 0 40,200 22,188 01 REDUCTION 33,600 ACCEPT STAFF REC 33,600 ZH/UM DEVAULT, CHERYL 0 15,300 13,600 02 NO CHANGE 15,300 ACCEPT STAFF REC 15,300 ZH/UM DEVAULT, CHERYL 0 40,100 22,188 01 REDUCTION 33,500 ACCEPT STAFF REC 33,500 ZH/UM 6DOHV5DWLR &2' &RXQW\CV&DVHORZHUHG H\EWR 5HFRPPHQGQHZYDOXH RI 9:00 AM 9 BER 11-BER005776 14587 ALPHA SOLUTIONS LLC - ATTN: KENN HUSTON 11702111 N REI 0001803383-20112011-0000-0 01 Above Market )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV UHDOHVWDWHQRW DSSUHFLDWLQJVDOHV 6DOHV5DWLR &2' &RXQW\CV&DVHORZHUHG H\EWR 5HFRPPHQGQHZYDOXH RI 9:00 AM 10 BER 11-BER002361 29992 ALPHA SOLUTIONS LLC - ATTN: KENN HUSTON 11702112 N REI 0001803389-20112011-0000-0 01 Above Market )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV UHDOHVWDWHQRW DSSUHFLDWLQJVDOHV 6DOHV5DWLR &2' &RXQW\CV&DVHSDUFHOLV HTXLWDEOHLQWD[QEKG 5HFRPPHQGQRFKDQJH LQYDOXH 9:00 AM 11 BER 11-BER005773 14599 ALPHA SOLUTIONS LLC - ATTN: KENN HUSTON 11702113 N REI 0001803393-20112011-0000-0 01 Above Market )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV UHDOHVWDWHQRW DSSUHFLDWLQJVDOHV 6DOHV5DWLR &2' &RXQW\CV&DVHORZHUHG H\EWR 5HFRPPHQGQHZYDOXH RI PAGE 3 of 16 DECISION COMMENTS Board of Equalization and Review - March 15, 2012 TIME ROW NO. 9:00 AM 12 LEVEL BER CASE NUMBER 11-BER001717 APPEAL ID 3198 OWNER/ APPELLANT COX, PATSY PARCEL ID/ VIN CONSE NT ABS TYPE 11907132 N REI ABS NUMBER 0001808403-20112011-0000-0 REASON 01 Above Market STAFF NOTES )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV SHUVRQDOMXGJHPHQW APPRAISER PENALTY AMOUNT ($) PENALTY DECISION APPR VALUE ($) APPELLANT OPINION VALUE ($) STAFF REC STAFF REC VALUE ($) DECISION DECISION VALUE ($) MOTION DEVAULT, CHERYL 0 155,000 82,000 02 NO CHANGE 155,000 ACCEPT STAFF REC 155,000 ZH/UM DEVAULT, CHERYL 0 11,400 5,000 02 NO CHANGE 11,400 ACCEPT STAFF REC 11,400 UM/ZH DEVAULT, CHERYL 0 73,600 20,000 01 REDUCTION 63,900 01 REDUCTION 21,100 ZH/UM DEVAULT, CHERYL 0 61,100 15,000 01 REDUCTION 53,700 01 REDUCTION 21,200 ZH/UM 6DOHV5DWLR &2' &RXQW\CV&DVH73JDYH QRLQIRUPDWLRQH[FHSW SHUVRQDOMXGJHPHQWQR FRPSV5HFRPPHQGQR FKDQJHLQYDOXH 9:00 AM 13 BER 11-BER002258 29988 GRIER, DOUGLAS G 11707218 N REI 0001804542-20112011-0000-0 01 Above Market )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV UHFHQWVDOHV 6DOHV5DWLR &2' &RXQW\CV&DVH6DOHV SURYLGHGDUHVDOHV 1RRWKHULQIR 5HFRPPHQGQRFKDQJH LQYDOXH 9:00 AM 14 BER 11-BER002255 27028 GRIER, DOUGLAS G 11707219 N REI 0001804548-20112011-0000-0 01 Above Market )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV UHFHQWVDOHV 6DOHV5DWLR &2' &RXQW\CV&DVHORZHUHG H\EWRIRUFRQGLWLRQ 6DOHVSURYLGHGDUH VDOHV5HFRPPHQG FKDQJHLQYDOXHWR 9:00 AM 15 BER 11-BER002256 27030 GRIER, DOUGLAS G 11707220 N REI 0001804552-20112011-0000-0 01 Above Market )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV UHFHQWVDOHV 6DOHV5DWLR &2' &RXQW\CV&DVHORZHUHG H\EWRIRUFRQGLWLRQ 6DOHVSURYLGHGDUH VDOHV5HFRPPHQGQHZ YDOXHRI PAGE 4 of 16 DECISION COMMENTS Board of Equalization and Review - March 15, 2012 TIME ROW NO. 9:00 AM 16 LEVEL BER CASE NUMBER 11-BER005568 APPEAL ID OWNER/ APPELLANT PARCEL ID/ VIN CONSE NT ABS TYPE 23708 MEDLEY, JAMES & MEDLEY, SOBRENIA 11907607 N REI ABS NUMBER 0001808621-20112011-0000-0 REASON 01 Above Market STAFF NOTES )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV UHFHQWVDOHV APPRAISER PENALTY AMOUNT ($) PENALTY DECISION APPR VALUE ($) APPELLANT OPINION VALUE ($) STAFF REC STAFF REC VALUE ($) DECISION DECISION VALUE ($) MOTION DEVAULT, CHERYL 0 132,300 50,000 02 NO CHANGE 132,300 01 REDUCTION 118,900 ZH/UM DEVAULT, CHERYL 0 75,000 50,000 02 NO CHANGE 75,000 ACCEPT STAFF REC 75,000 ZH/UM DEVAULT, CHERYL 0 53,200 0 02 NO CHANGE 53,200 ACCEPT STAFF REC 53,200 UM/ZH 6DOHV5DWLR &2' &RXQW\CV&DVH3URSHUW\ LVHTXLWDEOHZLWKLQWD[ QEKG&RPSVSURYLGHG DUHVDOHV 5HFRPPHQGQRFKDQJH RQYDOXH 9:00 AM 17 BER 11-BER002358 27268 NINTH STREET INVESTORS LLC / PROPERTY ASSESSMENT SERVICES, INC ATTN: LARRY W. BURKS 11907718 N REI 0001808731-20112011-0000-0 01 Above Market )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO $SSUDLVDO'DWH 73CV&DVHDQG,VVXHV FRPSVDOHV 6DOHV5DWLR &2' &RXQW\CV&DVH3URSHUW\ LVIDLUDQGHTXLWDEOHLQ WD[QEKG0$,FRPS )&LQGLIIHUHQWWD[QEKG &RPSGLIIHUHQWWD[ QEKG&RPS)&VDPH WD[QEKG5HFRPPHQG QRFKDQJHLQYDOXHDW WKLVWLPH 9:00 AM 18 BER 11-BER001163 40896 PS REALTY CORP / MARVIN F. POER AND COMPANY ATTN: BYRON PEARCE 06914416 N REI 0001689996-20112011-0000-0 01 Above Market )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 1$ 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV 6DOHV5DWLR &2' &RXQW\CV&DVH1RLQIR SURYLGHG3URSHUW\LV HTXLWDEOHLQWD[QEKG 5HFRPPHQGQRFKDQJH LQYDOXH PAGE 5 of 16 DECISION COMMENTS Board of Equalization and Review - March 15, 2012 TIME ROW NO. 9:00 AM 19 LEVEL BER CASE NUMBER 11-BER003982 APPEAL ID OWNER/ APPELLANT PARCEL ID/ VIN CONSE NT ABS TYPE 19065 STIKELEATHER, RICHARD W 06915412 N REI ABS NUMBER 0001690205-20112011-0000-0 REASON 01 Above Market STAFF NOTES )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV FRPSVDOHV APPRAISER PENALTY AMOUNT ($) PENALTY DECISION APPR VALUE ($) APPELLANT OPINION VALUE ($) STAFF REC STAFF REC VALUE ($) DECISION DECISION VALUE ($) MOTION DEVAULT, CHERYL 0 48,300 41,100 02 NO CHANGE 48,300 ACCEPT STAFF REC 48,300 UM/ZH DEVAULT, CHERYL 0 41,800 41,100 02 NO CHANGE 41,800 ACCEPT STAFF REC 41,800 UM/ZH DEVAULT, CHERYL 0 138,700 80,000 02 NO CHANGE 138,700 01 REDUCTION 122,400 ZH/UM DEVAULT, CHERYL 0 126,500 75,000 02 NO CHANGE 126,500 01 REDUCTION 118,400 ZH/UM 6DOHV5DWLR &2' &RXQW\CV&DVH&RPSV DUH)&3URSHUW\LV HTXLWDEOHLQWD[QEKG 5HFRPPHQGQRFKDQJH LQYDOXH 9:00 AM 20 BER 11-BER003985 19054 STIKELEATHER, RICHARD W 06916430 N REI 0001690487-20112011-0000-0 01 Above Market )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV FRPSVDOHV 6DOHV5DWLR &2' &RXQW\CV&DVH&RPSV DUH)&3URSHUW\LV HTXLWDEOHLQWD[QEKG 5HFRPPHQGQHZYDOXH RI 9:00 AM 21 BER 11-BER005945 10972 WITHROW, DAVID E 11907140 N REI 0001808417-20112011-0000-0 01 Above Market )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV FRPSVDOHV 6DOHV5DWLR &2' &RXQW\CV&DVH&RPSV DUH)&3URSHUW\LV HTXLWDEOHLQWD[QEKG 5HFRPPHQGQRFKDQJH LQYDOXH 9:00 AM 22 BER 11-BER005928 10966 WITHROW, DAVID E 11907601 N REI 0001808604-20112011-0000-0 01 Above Market )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV FRPSVDOHV 6DOHV5DWLR &2' &RXQW\CV&DVH&RPSV DUH)&3URSHUW\LV HTXLWDEOHLQWD[QEKG 5HFRPPHQGQRFKDQJH LQYDOXH PAGE 6 of 16 DECISION COMMENTS Board of Equalization and Review - March 15, 2012 TIME ROW NO. 9:00 AM 23 LEVEL BER CASE NUMBER 11-BER002347 APPEAL ID 25116 OWNER/ APPELLANT XIE, MEI YU & SAEZ, ELIZABETH PARCEL ID/ VIN CONSE NT ABS TYPE 11706157 N REI ABS NUMBER 0001804233-20112011-0000-0 REASON 01 Above Market STAFF NOTES )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$$SSUDLVDO 'DWH1$ 73CV&DVHDQG,VVXHV FRPSVDOHV APPRAISER PENALTY AMOUNT ($) PENALTY DECISION APPR VALUE ($) APPELLANT OPINION VALUE ($) STAFF REC STAFF REC VALUE ($) DECISION DECISION VALUE ($) MOTION DEVAULT, CHERYL 0 103,000 65,000 01 REDUCTION 87,400 ACCEPT STAFF REC 87,400 UM/ZH ERWIN, CHARLES 0 3,869,700 1,780,773 01 REDUCTION 1,877,800 ACCEPT STAFF REC 1,877,800 ZH/UM ERWIN, CHARLES 0 12,487,200 7,009,157 01 REDUCTION 9,690,400 ACCEPT STAFF REC 9,690,400 ZH/UM 6DOHV5DWLR &2' &RXQW\CV&DVH&RPSV DUH)&*DYHIRU 59WRHTXDOL]HQEKG 3URSHUW\LVQRZHTXLWDEOH LQWD[QEKG5HFRPPHQG FKDQJHLQYDOXHWR 9:00 AM 24 BER 11-BER003493 36825 ARROWRIDGE GROUP LLC / THOMSON REUTERS ATTN: SUZANNE MARKLEY 20303120 N REI 0001966001-20112011-0000-0 01 Above Market )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$ $SSUDLVDO'DWH1$ 73CV&DVHDQG,VVXHV WRRKLJK 6DOHV5DWLR &2' &RXQW\CV&DVH7KH VXEMHFWLVORFDWHGQHDU WKHLQWHUVHFWLRQRI, DQG$UURZRRG5RDG7KH FRXQW\UHFRPPHQGVD UHGXFWLRQWR 7KLVLVGXHWRD FRUUHFWLRQIURPRIILFHWR IOH[UHQWV 9:00 AM 25 BER 11-BER003223 40191 BB T / THOMSON REUTERS ATTN: SUZANNE MARKLEY 20302107 N REI 0001965931-20112011-0000-0 01 Above Market )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$ $SSUDLVDO'DWH1$ 73CV&DVHDQG,VVXHV 6DOHV5DWLR &2' &RXQW\CV&DVH7KH VXEMHFWLVORFDWHGQHDU WKHLQWHUVHFWLRQRI, DQGDUURZRRG5RDG7KH FRXQW\UHFRPPHQGVD UHGXFWLRQWR 7KLVUHGXFWLRQLVIRU DGMXVWLQJWKHUHQW PAGE 7 of 16 DECISION COMMENTS Board of Equalization and Review - March 15, 2012 TIME ROW NO. 9:00 AM 26 LEVEL BER CASE NUMBER 11-BER003065 APPEAL ID OWNER/ APPELLANT PARCEL ID/ VIN CONSE NT ABS TYPE 39829 BEACON ARROWPOINT LLC / THOMSON REUTERS ATTN: SUZANNE MARKLEY 20302115 N REI ABS NUMBER 0001965939-20112011-0000-0 REASON 01 Above Market STAFF NOTES )RUHFORVXUHQR 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 81.12:1 733ULYDWH$SSUDLVDO 1$ $SSUDLVDO'DWH1$ 73CV&DVHDQG,VVXHV WRRKLJK APPRAISER PENALTY AMOUNT ($) PENALTY DECISION APPR VALUE ($) APPELLANT OPINION VALUE ($) STAFF REC STAFF REC VALUE ($) DECISION DECISION VALUE ($) MOTION ERWIN, CHARLES 0 1,317,300 0 01 REDUCTION 1,097,700 ACCEPT STAFF REC 1,097,700 ZH/UM ERWIN, CHARLES 0 1,315,500 0 01 REDUCTION 838,700 ACCEPT STAFF REC 838,700 ZH/UM ERWIN, CHARLES 0 7,002,000 2,500,000 01 REDUCTION 3,476,900 ACCEPT STAFF REC 3,476,900 ZH/UM 6DOHV5DWLR &2' &RXQW\CV&DVH7KH VXEMHFWLVDYDFDQWWUDFW QHDUWKHLQWHUVHFWLRQRI, DQG$UURZRRG5RDG 7KHFRXQW\UHFRPPHQGV DUHGXFWLRQWR GXHWRIORRG SODLQ 9:00 AM 27 BER 11-BER003217 39803 BRANCH BANKING TRUST CO / THOMSON REUTERS ATTN: SUZANNE MARKLEY 20302140 N REI 0001965973-20112011-0000-0 01 Above Market )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 8QNQRZQ 733ULYDWH$SSUDLVDO 1$ $SSUDLVDO'DWH1$ 73CV&DVHDQG,VVXHV WRRKLJK 6DOHV5DWLR &2' &RXQW\CV&DVH7KH VXEMHFWLVORFDWHGQHDU WKHLQWHUVHFWLRQRI, DQG$UURZRRG5RDG7KH FRXQW\UHFRPPHQGVD UHGXFWLRQWR GXHWRIORRGSODLQ 9:00 AM 28 BER 11-BER003156 39633 BRI 1828 ARROWPOINT LLC / EASLEY, MCCALEB & ASSOCIATES, INC - ATTN: NEAL COOPER 20302114 N REI 0001965936-20112011-0000-0 01 Above Market )RUHFORVXUH12 6DOH'DWH6DOH 3ULFH EXLOGLQJV 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$ $SSUDLVDO'DWH1$ 73CV&DVHDQG,VVXHV WRRKLJK 6DOHV5DWLR &2' &RXQW\CV&DVHWKH VXEMHFWLVORFDWHGQHDU WKHLQWHUVHFWLRQRI, DQG$UURZRRG5RDG7KH FRXQW\UHFRPPHQGVD UHGXFWLRQWR 7KLVLVIRUWKHXQXVXDOO\ KLJKYDFDQF\LQWKH VXEMHFWDVZHOODVWKH VFKHGXOHGDVNLQJUHQW SHUWKHQHZRZQHU PAGE 8 of 16 DECISION COMMENTS Board of Equalization and Review - March 15, 2012 TIME ROW NO. 9:00 AM 29 LEVEL BER CASE NUMBER 11-BER002791 APPEAL ID OWNER/ APPELLANT PARCEL ID/ VIN CONSE NT ABS TYPE 37673 CHICK-FIL-A INC - ATTN: DAVID FADER 20130114 N REI ABS NUMBER 0001962194-20112011-0000-0 REASON 01 Above Market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of 16 APPRAISER ERWIN, CHARLES PENALTY AMOUNT ($) 0 PENALTY DECISION APPR VALUE ($) 1,871,800 APPELLANT OPINION VALUE ($) STAFF REC 1,287,300 02 NO CHANGE STAFF REC VALUE ($) DECISION 1,871,800 ACCEPT STAFF REC DECISION VALUE ($) MOTION 1,871,800 ZH/UM DECISION COMMENTS Board of Equalization and Review - March 15, 2012 TIME ROW NO. 9:00 AM 30 LEVEL BER CASE NUMBER 11-BER001408 APPEAL ID OWNER/ APPELLANT PARCEL ID/ VIN CONSE NT ABS TYPE 39598 DEXTER BIRDIE YAGER FAMILY LIMITED / TAX ADVANTAGE PROPERTY SERVICES ATTN: DAVE PAWLOWSKI 20130119 N REI ABS NUMBER 0001962202-20112011-0000-0 REASON 01 Above Market STAFF NOTES )RUHFORVXUH12 6DOH'DWH6DOH 3ULFH 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$ $SSUDLVDO'DWH1$ 73CV&DVHDQG,VVXHV WRRKLJK APPRAISER PENALTY AMOUNT ($) PENALTY DECISION APPR VALUE ($) APPELLANT OPINION VALUE ($) STAFF REC STAFF REC VALUE ($) DECISION DECISION VALUE ($) MOTION ERWIN, CHARLES 0 3,027,900 1,453,000 01 REDUCTION 2,308,400 ACCEPT STAFF REC 2,308,400 ZH/UM ERWIN, CHARLES 0 3,957,600 0 01 REDUCTION 3,298,800 ACCEPT STAFF REC 3,298,800 ZH/UM ERWIN, CHARLES 0 889,200 904,200 ACCEPT STAFF REC 904,200 ZH/UM 6DOHV5DWLR &2' &RXQW\CV&DVH7KH VXEMHFWLVORFDWHG DSSUR[LPDWHO\PLOH IURPWKHLQWHUVHFWLRQRI 6RXWK7U\RQ6WUHHW7KH FRXQW\UHFRPPHQGVD UHGXFWLRQWR 7KLVLVGXHWRFRUUHFWLRQV WR]RQLQJLVVXHVDQGD ODNHRQWKHVLWH 9:00 AM 31 BER 11-BER001541 40943 EUROTHERM DRIVES INC / DUCHARME, MCMILLEN & ASSOCIATES, INC 20131108 N REI 0001962282-20112011-0000-0 01 Above Market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of 16 0 03 INCREASE DECISION COMMENTS Board of Equalization and Review - March 15, 2012 TIME ROW NO. 9:00 AM 33 LEVEL BER CASE NUMBER 11-BER002663 APPEAL ID 40118 OWNER/ APPELLANT LIBERTY PROPERTY LP / PARADIGM TAX GROUP - ATTN: ERIC VINTON PARCEL ID/ VIN CONSE NT ABS TYPE 20142106 N REI ABS NUMBER 0001965026-20112011-0000-0 REASON 01 Above Market STAFF NOTES )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$ $SSUDLVDO'DWH1$ 73CV&DVHDQG ,VVXHV*$9(12 (9,'(1&( APPRAISER PENALTY AMOUNT ($) PENALTY DECISION APPR VALUE ($) ERWIN, CHARLES 0 480,400 ERWIN, CHARLES 0 4,009,800 APPELLANT OPINION VALUE ($) STAFF REC 300,000 02 NO CHANGE STAFF REC VALUE ($) DECISION DECISION VALUE ($) MOTION 480,400 ACCEPT STAFF REC 480,400 ZH/UM 3,402,100 ACCEPT STAFF REC 3,402,100 ZH/UM 6DOHV5DWLR &2' &RXQW\CV&DVH7KH VXEMHFWLVORFDWHGRQ 9LUNOHU'ULYHQHDUWKH 6WHHOH&UHHN5RDGDQG 6RXWK7U\RQ6WUHHW LQWHUVHFWLRQ7KHVXEMHFW LVDVVHVVHGDW6) DQGDFUHWUDFWDFURVV VWUHHWVROGIRU 6)&RXQW\ UHFRPPHQGVQRFKDQJH 9:00 AM 34 BER 11-BER002665 40901 LIBERTY PROPERTY LP / PARADIGM TAX GROUP - ATTN: ERIC VINTON 20142107 N REI 0001965027-20112011-0000-0 01 Above Market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of 16 2,770,695 01 REDUCTION DECISION COMMENTS Board of Equalization and Review - March 15, 2012 TIME ROW NO. 9:00 AM 35 LEVEL BER CASE NUMBER 11-BER002346 APPEAL ID OWNER/ APPELLANT PARCEL ID/ VIN CONSE NT ABS TYPE 37083 MARKETS AT CEDAR RIDGE LLC / STALLINGS GROUP - ATTN: JEFF ROBINSON 20137134 N REI ABS NUMBER 0001963971-20112011-0000-0 REASON 01 Above Market STAFF NOTES )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$ $SSUDLVDO'DWH1$ 73CV&DVHDQG,VVXHV WRRKLJK APPRAISER PENALTY AMOUNT ($) PENALTY DECISION APPR VALUE ($) APPELLANT OPINION VALUE ($) STAFF REC STAFF REC VALUE ($) DECISION DECISION VALUE ($) MOTION ERWIN, CHARLES 0 4,581,000 3,768,033 01 REDUCTION 3,971,200 01 REDUCTION 3,709,500 ZH/UM ERWIN, CHARLES 0 7,621,700 4,954,000 01 REDUCTION 5,527,600 ACCEPT STAFF REC 5,527,600 ZH/UM ERWIN, CHARLES 0 92,500 0 01 REDUCTION 23,400 ACCEPT STAFF REC 23,400 ZH/UM 6DOHV5DWLR &2' &RXQW\CV&DVH7KH VXEMHFWLVORFDWHGRQ 6RXWK7U\RQ6WUHHWQHDU WKHLQWHUVHFWLRQRI $UURZRRG5RDG7KH FRXQW\UHFRPPHQGVD UHGXFWLRQWR 7KLVLVGXHWRXVLQJ DSSHOODQWVVTXDUH IRRWDJHIRUWKHLQFRPH FDOFXODWLRQV7KHFRXQW\ UHFRPPHQGVQRIXUWKHU UHGXFWLRQV 9:00 AM 36 BER 11-BER000606 40758 NC OWNER LLC / C.B. MCLEAN, JR 20302102 N REI 0001965923-20112011-0000-0 01 Above Market )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$ $SSUDLVDO'DWH1$ 73CV&DVHDQG,VVXHV WRRKLJK 6DOHV5DWLR &2' &RXQW\CV&DVH7KH VXEMHFWLVORFDWHGDWWKH LQWHUVHFWLRQRI,DQG DUURZRRG5RDG7KH FRXQW\UHFRPPHQGVD UHGXFWLRQWR 9:00 AM 37 BER 11-BER001615 34176 PINE BROOK CENTER OWNERS ASSOCIATION / CHILDRESS KLEIN PROPERTIES ATTN: RICHARD HELMS 20302136 N REI 0001965966-20112011-0000-0 01 Above Market )RUHFORVXUHQR 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$ $SSUDLVDO'DWH1$ 73CV&DVHDQG,VVXHV RZQHUVDVVRFLDWLRQ 6DOHV5DWLR &2' &RXQW\CV&DVHWKH VXEMHFWLVDYDFDQWWUDFW WKDWLVPRVWO\IORRGSODLQ 7KHFRXQW\UHFRPPHQGV DUHGXFWLRQWR 7KHRZQHUVDVVRFLDWLRQ PXVWEHDQRQSURILWWR TXDOLI\IRUQRYDOXH PAGE 12 of 16 DECISION COMMENTS Board of Equalization and Review - March 15, 2012 TIME ROW NO. 9:00 AM 38 LEVEL BER CASE NUMBER 11-BER003313 APPEAL ID 37395 OWNER/ APPELLANT PARCEL ID/ VIN CONSE NT ABS TYPE SL E INVESTMENTS LLC / TAX ADVANTAGE PROPERTY SERVICES ATTN: DAVE PAWLOWSKI 20130113 N REI ABS NUMBER 0001962193-20112011-0000-0 REASON 01 Above Market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of 16 APPRAISER ERWIN, CHARLES PENALTY AMOUNT ($) 0 PENALTY DECISION APPR VALUE ($) 2,932,900 APPELLANT OPINION VALUE ($) STAFF REC 1,857,000 02 NO CHANGE STAFF REC VALUE ($) DECISION 2,932,900 01 REDUCTION DECISION VALUE ($) MOTION 2,786,600 ZH/UM DECISION COMMENTS Board of Equalization and Review - March 15, 2012 TIME ROW NO. 9:00 AM 39 LEVEL BER CASE NUMBER 11-BER003391 APPEAL ID OWNER/ APPELLANT PARCEL ID/ VIN CONSE NT ABS TYPE 40728 STEELE CREEK ASSOCIATES LLC / THOMSON REUTERS ATTN: SUZANNE MARKLEY 20131105 N REI ABS NUMBER 0001962278-20112011-0000-0 REASON 01 Above Market STAFF NOTES APPRAISER )RUHFORVXUH12 ERWIN, 6DOH'DWH6DOH CHARLES 3ULFH 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$ $SSUDLVDO'DWH1$ 73CV&DVHDQG,VVXHV WRRKLJK PENALTY AMOUNT ($) PENALTY DECISION APPR VALUE ($) APPELLANT OPINION VALUE ($) STAFF REC STAFF REC VALUE ($) DECISION 0 2,121,700 1,664,314 03 INCREASE 2,246,500 Withdrawn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bove Market )RUHFORVXUHQR 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$ $SSUDLVDO'DWH1$ 73CV&DVHDQG,VVXHV 6DOHV5DWLR &2' &RXQW\CV&DVH7KH VXEMHFWLVORFDWHGQHDU WKHLQWHUVHFWLRQRI, DQG$UURZRRG5RDG7KH FRXQW\UHFRPPHQGVD UHGXFWLRQWR 7KLVLVGXHWRWKHUHQW EHLQJDGMXVWHG PAGE 14 of 16 ERWIN, CHARLES 1,512,100 ZH/UM DECISION COMMENTS Board of Equalization and Review - March 15, 2012 TIME ROW NO. 9:00 AM 41 LEVEL BER CASE NUMBER 11-BER003669 APPEAL ID OWNER/ APPELLANT PARCEL ID/ VIN CONSE NT ABS TYPE 41454 WBW JR INVESTMENT PROPERTIES LLC / INTERNATIONAL APPRAISAL COMPANY ATTN: RICK BROWN 20301133 N REI ABS NUMBER 0001965918-20112011-0000-0 REASON 01 Above Market STAFF NOTES )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 121(*,9(1 733ULYDWH$SSUDLVDO 1$ $SSUDLVDO'DWH1$ 73CV&DVHDQG,VVXHV WRRKLJK APPRAISER PENALTY AMOUNT ($) PENALTY DECISION APPR VALUE ($) APPELLANT OPINION VALUE ($) STAFF REC STAFF REC VALUE ($) DECISION DECISION VALUE ($) MOTION ERWIN, CHARLES 0 3,003,100 0 01 REDUCTION 2,743,000 ACCEPT STAFF REC 2,743,000 ZH/UM ERWIN, CHARLES 0 12,520,100 8,184,402 01 REDUCTION 8,584,600 ACCEPT STAFF REC 8,584,600 ZH/UM ERWIN, CHARLES 0 76,500 20,000 01 REDUCTION 45,400 ACCEPT STAFF REC 45,400 ZH/UM 6DOHV5DWLR &2' &RXQW\CV&DVH7KH VXEMHFWLVORFDWHGDWWKH LQWHUVHFWLRQRI6RXWK 7U\RQ6WUHHWDQG: $UURZRRG5RDGDFURVV IURPWKH:DOPDUWDW, 7KHFRXQW\ UHFRPPHQGVDUHGXFWLRQ GXHWRDFRUUHFWLRQLQWKH 1HW/HDVDEOH$UHD7KH UHFRPPHQGHGYDOXHLV 9:00 AM 42 BER 11-BER000610 40585 WHITEHALL COMMONS LLC / MARVIN F. POER AND COMPANY ATTN: BYRON PEARCE 20130112 N REI 0001962191-20112011-0000-0 01 Above Market )RUHFORVXUHQR 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$ $SSUDLVDO'DWH1$ 73CV&DVHDQG,VVXHV WRRKLJK 6DOHV5DWLR &2' &RXQW\CV&DVH7KH VXEMHFWLVORFDWHGRQ 6RXWKWU\RQ6WUHHWDWWKH LQWHUVHFWLRQRI$UURZRRG 5RDG7KLVLVDGMDFHQWWR /RZHCVDQG:DOPDUW 7KHFRXQW\UHFRPPHQGV DUHGXFWLRQWR 7KLVLVIRU FKDQJLQJIURPFRVWWR LQFRPH 9:00 AM 43 BER 11-BER001377 39602 YFP LLC / TAX ADVANTAGE PROPERTY SERVICES ATTN: DAVE PAWLOWSKI 20301112 N REI 0001965909-20112011-0000-0 01 Above Market )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$ $SSUDLVDO'DWH1$ 73CV&DVHDQG,VVXHV WRRKLJK 6DOHV5DWLR &2' &RXQW\CV&DVH7KH VXEMHFWLVDYDFDQWWUDFW ORFDWHGRIIRI6RXWK 7U\RQ6WUHHW7KHSDUFHO LVDGMDFHQWWRDWUDFWWKDW LVDOVRRZQHGE\WKH VDPHSHUVRQ7KHYDOXH ZDVDGMXVWHGWRUHIOHFW WKHIORRGSODLQWKDWH[LVWV RQRQHDFUHDQGWKH OLPLWHGDFFHVVDQGVKDSH RIWKHWUDFW1RIXUWKHU FKDQJHLVUHFRPPHQGHG PAGE 15 of 16 DECISION COMMENTS Board of Equalization and Review - March 15, 2012 TIME ROW NO. 9:00 AM 44 LEVEL BER CASE NUMBER 11-BER001375 APPEAL ID 39603 OWNER/ APPELLANT YFP LLC / TAX ADVANTAGE PROPERTY SERVICES ATTN: DAVE PAWLOWSKI PARCEL ID/ VIN CONSE NT ABS TYPE 20301113 N REI ABS NUMBER 0001965910-20112011-0000-0 REASON 01 Above Market STAFF NOTES )RUHFORVXUH12 6DOH'DWH1$6DOH 3ULFH1$ 732SLQLRQRI9DOXH 733ULYDWH$SSUDLVDO 1$ $SSUDLVDO'DWH1$ 73CV&DVHDQG,VVXHV WRRKLJK APPRAISER PENALTY AMOUNT ($) PENALTY DECISION APPR VALUE ($) ERWIN, CHARLES 0 75,400 APPELLANT OPINION VALUE ($) STAFF REC 20,000 01 REDUCTION STAFF REC VALUE ($) DECISION 43,400 ACCEPT STAFF REC DECISION VALUE ($) MOTION DECISION COMMENTS 43,400 ZH/UM 6DOHV5DWLR &2' &RXQW\CV&DVH7KH VXEMHFWLVDYDFDQWWUDFW ORFDWHGRIIRI6RXWK 7U\RQ6WUHHW7KHSDUFHO LVDGMDFHQWWRDWUDFWWKDW LVDOVRRZQHGE\WKH VDPHSHUVRQ7KHYDOXH ZDVDGMXVWHGWRUHIOHFW WKHIORRGSODLQWKDWH[LVWV RQRQHDFUHDQGWKH OLPLWHGDFFHVVRIWKH WUDFW1RIXUWKHUFKDQJH LVUHFRPPHQGHG 9:00 AM 45 BER 11-BER003471 41035 ARROWRIDGE COMPANY LLC / THOMSON REUTERS ATTN: SUZANNE MARKLEY 20303115 Y REI 0001965992-20112011-0000-0 01 Above Market ERWIN, CHARLES 0 1,872,100 0 WITHDRAWAL 1,872,100 Withdrawn 0 9:00 AM 46 BER 11-BER003449 37233 ARROWRIDGE GROUP LLC / THOMSON REUTERS ATTN: SUZANNE MARKLEY 20303119 Y REI 0001965998-20112011-0000-0 01 Above Market ERWIN, CHARLES 0 1,689,300 0 WITHDRAWAL 1,689,300 Withdrawn 0 9:00 AM 47 BER 11-BER000616 40515 PATRIOT CONTI CHARLOTTE LLC / MARVIN F. POER AND COMPANY ATTN: BYRON PEARCE 20302139 Y REI 0001965971-20112011-0000-0 01 Above Market ERWIN, CHARLES 0 313,600 0 WITHDRAWAL 313,600 Withdrawn 0 9:00 AM 48 BER 11-BER000619 40140 WHITEHALL COMMONS LLC / MARVIN F. POER AND COMPANY ATTN: BYRON PEARCE 20130122 Y REI 0001962211-20112011-0000-0 01 Above Market ERWIN, CHARLES 0 1,320,200 0 WITHDRAWAL 1,320,200 Withdrawn 0 Notes: ZHUHUHPRYHGIURPWKHGRFNHWDQGDGGHGWRSHU&KHU\O0U0LOHVHPDLOHGDJDLQDQGZDQWHGWKHVHUHVFKHGXOHGDJDLQEDFNWRDQGZDQWHGRWKHUSDUFHOVDOVRSXWRQ,UHVSRQGHGWRKLP ,FRXOGQRWUHVFKHGXOHWKHPDJDLQDQGWKHRWKHUSDUFHOVDUHVWLOO#WKHLQIRUPDOOHYHODQGFRXOGQRWEHVFKHGXOHGDWWKLVWLPH ,QIRUPDO/LVWUHSRUWGDWHGZDVKHDUGEOHVVHGDQGDFFHSWHGDVOLVWHG80=+ Wednesday, April 25, 2012 BER MEETING MINUTES - APPROVED AND SIGNED BY PAGE 16 of 16 BER CHAIRMAN