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valueappraiser wrote:
wm25burke....
You mentioned multi-family community development....
Here is an example of just one of the city owned residential properties...7220 Austin Bluffs Parkway...80 units in 8 buildings on 4.08 acres. These units were constructed in the year 2000 and purchased new by the city housing authority. Purchase price is not indicated by the assessors record, nor does it say who constructed them. The assessor has the 2009 market value at over 5 million dollars, but, of course, no taxes are paid on this land or the improvements.
You can check this out for yourself on the El Paso County Assessor web site -
http://asr.elpasoco.com/
then click on "parcel record search" and enter schedule # 6311110002 in the appropriate box.
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