[Download] "Cuny v. Annunzio" by Supreme Court of Illinois # Book PDF Kindle ePub Free
eBook details
- Title: Cuny v. Annunzio
- Author : Supreme Court of Illinois
- Release Date : January 20, 1952
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 55 KB
Description
On October 21, 1955, the county of La Salle, by and through the tax committee of the board of supervisors of the county, entered into an agreement with J.L. Jacobs and Company for the preparation of a detailed property record system of all assessable commercial and industrial real property and tangible personal property in La Salle County. That agreement provided that J.L. Jacobs and Company should prepare and provide property record card forms including the description and location of real property, acreage and dimensions, ground plan sketch, owners name and address, the appraised value of land and improvements, and upon the personal property record card the name and address of the owner, the location and description of the tangible personal property, the appraised valuation of each class of tangible personal property such as inventories of goods and merchandise, works in process, furniture, fixtures, Page 20 machinery and equipment; that the company should collect and analyse real-property data on present construction costs, sales, rentals and other data for use in determining land values, building replacement costs, depreciation and obsolescence allowances, establish base front-foot, square-foot or acreage-unit values for each parcel of commercial or industrial property, prepare building appraisal schedules from an analysis of local building material and labor costs, sales and rentals, prepare tangible personal property appraisal schedules with all appraisal standards and procedures for land and building valuation to be reviewed by the company with township assessors and county assessment officials and finally approved by the tax committee of the county board of supervisors; the valuation of commercial and industrial land to be determined by applying approved base unit land values and recorded on property record cards and township maps; each commercial, industrial and accessory building to be measured, sketched on record cards, with notations of type of construction, height, etc., and priced from appraisal schedules; each building to be field inspected by company appraisers; inspect and list major items of tangible personal property on personal property record cards, and establish the value of the tangible personal property from appraisal standards for each commercial or industrial establishment and record the same. The county agreed to furnish all real-property identification material to the company, provide access to all records relating to the property to be systemized, and working space. The company agreed to complete the work no later than May 1, 1956, and to make periodic reports of progress. For this service the county agreed to pay the sum of $65,000.