42-13204. Election to use income method of
valuation initially
In lieu of valuation under section 42-13203, the owner of a shopping center may
elect to have the valuation of the shopping center determined by the income method
commonly known as the straight line building residual method if the owner submits all
reasonably necessary income and expense information for the owner's three most recent
fiscal years to the county assessor before September 1 of the year immediately preceding
the year for which the property will be valued.
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