February 16, 2022

Commissioner Strickland

made a motion to approve; seconded by Mrs. Eastley. There was discussion regarding whether Mrs. Strickland was a Commissioner liaison who was not a voting member or an alternate member who could vote.

Commissioner Strickland

withdrew her motion; Mrs. Eastley withdrew her second. The Board took a brief recess to allow Ms. Zlotek and Ms. Nelson to review the statute.

Ms. Zlotek

advised upon review of NRS 361.340, which allowed for the Board of County Commissioners to also appoint alternate members to either panel, as well as review of the Board of County Commissioners’ agenda from February, 2022, with the assignments which clearly designated Commissioner Strickland as the alternate, the vacancy would allow the alternate to step into that position as that was the purpose of having the alternate. ‘Page 2 February 16, 2022 2. For Possible Action - Approval of the Agenda for the Board of Equalization Meeting of February 16, 2022-Cont'd.

Commissioner Strickland

made a motion to approve; seconded by Mrs. Eastley; 5 yeas.

Mrs. Eastley

made a motion to approve; seconded by Mr. Light; 4 yeas. Commissioner Strickland abstained as she was not present at the meeting.

Commissioner Strickland

disclosed she was a licensed real estate broker but had no pecuniary interests in any of the matters being heard today.

Mrs. Parmenter

disclosed she was also a licensed real estate agent, but she did not have any pecuniary interest.

Mrs. Eastley

made a motion to accept the exhibits: seconded by Commissioner. Strickland; 5 yeas. February 16, 2022 8A. Enterprise One, Inc., APN 045-121-04-Cont’d. The Assessor's Office identified the property. The Petitioner was not present. Kimberley Hildebrand stated the subject property was a 20-acre residential property located in the southern portion of the Pahrump Valley. The sales were all inferior in size and similar in zoning, and all were located in the southern portion of the Pahrump Valley. The sales supported that the subject's taxable value did not exceed the full cash value and it was the recommendation of the Assessor's Office to uphold their values.

Mrs. Eastley

made a motion that the taxpayer had not presented sufficient evidence to indicate the value established by the County Assessor was unjust or inequitable. The Subject property was appraised at the proper taxable value in accordance with NRS 361.227. The petition of Enterprise One, Inc. was denied based upon the findings of fact and conclusions of law. The Nye County Assessor was hereby instructed to certify the assessment roll of the County consistent with this decision; seconded by

Commissioner Strickland

; 5 yeas. 8B. Fort Churchill Corp., APN 027-421-16 The Clerk read the following exhibits into the record: Assessor's Exhibit 1: Vacant Land Sales; Land Sales Map Petitioner’s Exhibit A: 2022-2023 Notice of Assessed Valuation

Mrs. Eastley

made a motion to accept the exhibits: seconded by Mrs. Strickland; 5 yeas. The Assessor's Office identified the property. The Petitioner was not present. Kimberley Hildebrand stated the subject property was a 38.96-acre commercial property located in the mid/eastern portion of the Pahrump Valley. Land sale one was similar in size but inferior in zoning and was located in the center of the Pahrump Valley. Land sale two was inferior in size but similar in zoning and was located in the mid/eastern portion of the Pahrump Valley. Land sale three was inferior in size but similar in zoning and was located in the mid/eastern portion of the Pahrump Valley. The sales supported that the subject's taxable value did not exceed full cash value and it was the recommendation of the Assessor’s Office to uphold their values.

Mrs. Eastley

made a motion that the taxpayer had not presented sufficient evidence to indicate the value established by the County Assessor was unjust or inequitable. The subject property was appraised at the proper taxable value in accordance with NRS February 16, 2022 8B. Fort Churchill Corp., APN 027-421-16-Cont'd. 361.227. The petition of Fort Churchill Corp. was denied based upon the findings of fact and conclusions of law. The Nye County Assessor was hereby instructed to certify the assessment roll of the County consistent with this decision; seconded by Commissioner Strickland; 5 yeas. 8C. Texas Land and Cattle Corporation, APN 035-033-006 The Clerk read the following exhibits into the record: Assessor's Exhibit 1: Vacant Land Sales; Land Sales Map Petitioner's Exhibit A: 2022-2023 Notice of Assessed Valuation

Commissioner Strickland

made a motion to accept the exhibits; seconded by Mr. Light; 5 yeas. The Assessor's Office identified the property. The Petitioner was not present. Kimberley Hildebrand stated the subject property was a 9.4-acre residential property located in the northern portion of the Pahrump Valley. The listed sales were recent sales of 8-acre to 10-acre properties which were vacant and located in the northern/central portion of the Pahrump Valley. All sales were similar in zoning. The | sales supported that the subject's taxable value did not exceed full cash value and it was the recommendation of the Assessor's Office to uphold their values.

Mrs. Eastley

made a motion that the taxpayer had not presented sufficient evidence to indicate the value established by the County Assessor was unjust or inequitable. The: subject property was appraised at the proper taxable value in accordance with NRS 361.227. The petition of Texas Land and Cattle Corporation was denied based upon the findings of fact and conclusions of law. The Nye County Assessor was hereby instructed to certify the assessment roll of the County consistent with this decision; seconded by Commissioner Strickland; 5 yeas. 8D. TIP Holdings Corp., APN 027-311-42 The Clerk read the following exhibits into the record: Assessor's Exhibit 1: Vacant Land Sales; Land Sales Map Petitioner's Exhibit A: 2022-2023 Notice of Assessed Valuation Petitioner's Exhibit B: Letter dated February 14, 2022 regarding recently sold parcels February 16, 2022 8D. TIP Holdings Corp., APN 027-311-42-Cont’d.

Mrs. Eastley

made a motion to accept the exhibits; seconded by Commissioner Strickland; 5 yeas. The Assessor's Office identified the property. The Petitioner was not present. Kimberley Hildebrand stated the subject property was a one-acre commercial property located in the northern portion of the Pahrump Valley. The listed sales were recent sales of oné-acre commercial properties which were vacant and located in the northern/central portion of the Pahrump Valley. The sales supported that the subject's taxable value did not exceed full cash value and it was the recommendation of the Assessor's Office to uphold their values.

Mrs. Eastley

asked if the letter from the Petitioner received yesterday and dated February 14, 2022, contained valid comparables.

Mrs. Hildebrand

said she looked through them quickly this morning. They were all residential properties so she did not believe they were comparable. Justin Zimmerman advised the last comparable listed did not match their records so they were not able to verify that at all.

Mrs. Eastley

made a motion that the taxpayer had not presented sufficient evidence to indicate the value established by the County Assessor was unjust or inequitable. The Subject property was appraised at the proper taxable value in accordance with NRS 361.227. The petition of TIP Holdings Corp. was denied based upon the findings of fact and conclusions of law. The Nye County Assessor was hereby instructed to certify the assessment roll of the County consistent with this decision: seconded by Commissioner Strickland; 5 yeas. 8E. TIP Holdings, APN 027-351-17 The Clerk read the following exhibits into the record: Assessor's Exhibit 1: Vacant Land Sales; Land Sales Map Petitioner's Exhibit A: 2022-2023 Notice of Assessed Valuation Petitioner's Exhibit B: Letter dated February 14, 2022, regarding comparable parcel recently sold nearby the property

Mrs. Eastley

made a motion to accept the exhibits; seconded by Mr. Light; 5 yeas. The Assessor's Office identified the property. February 16, 2022 8E._ TIP Holdings, APN 027-351-17-Cont'd. The Petitioner was not present. Kimberley Hildebrand stated the subject property was a 9.056-acre commercial property located in the northern portion of the Pahrump Valley. The listed sales were recent sales of 8-acre to 10-acre property which were vacant and located in the northern/central portion of the Pahrump Valley. All sales were inferior in zoning. The sales supported that the subject's taxable value did not exceed the full cash value and it was the recommendation of the Assessor's Office to uphold their values.

Mrs. Eastley

asked if the additional documentation received yesterday evening from the Petitioner with supporting information for his appeal was legitimate to support their request. Justin Zimmerman said no since the subject property was commercial and the comparable listed was residential.

Mrs. Eastley

made a motion that the taxpayer had not presented sufficient evidence to indicate the value established by the County Assessor was unjust or inequitable. The subject property was appraised at the proper taxable value in accordance with NRS 361.227. The petition of TIP Holdings was denied based upon the findings of fact and conclusions of law. The Nye County Assessor was hereby instructed to certify the assessment roll of the County consistent with this decision; seconded by Mr. Light; 5 yeas. 8F. TIP Holdings, APN 035-011-19 The Clerk read the following exhibits into the record: Assessor's Exhibit 1: Vacant Land Sales; Land Sales Map Petitioner's Exhibit A: 2022-2023 Notice of Assessed Valuation

Commissioner Strickland

made a motion to accept the exhibits: seconded by Mrs. Eastley; 5 yeas. The Assessor’s Office identified the property. The Petitioner was not present. Kimberley Hildebrand stated the subject property was a 40-acre light industrial property located in the north/eastern portion of the Pahrump Valley. Land sale one was inferior in size and zoning and was located in the northern portion of the Pahrump Valley. Land sale two was similar in size but inferior in zoning and was located in the northern portion of the Pahrump Valley. Land sale three was similar in size but inferior in zoning and February 16, 2022 8F. TIP Holdings, APN 035-011-19-Cont’d. was located in the middle portion of the Pahrump Valley. The sales supported that the subject's taxable value did not exceed full cash value and it was the recommendation of the Assessor's Office to uphold their values based on the sales data.

Mrs. Eastley

made a motion that the taxpayer had not presented sufficient evidence to indicate the value established by the County Assessor was unjust or inequitable. The subject property was appraised at the proper taxable value in accordance with NRS 361.227. The petition of TIP Holdings was denied based upon the findings of fact and conclusions of law. The Nye County Assessor was hereby instructed to certify the assessment roll of the County consistent with this decision: seconded by Mr. Light; 5 yeas. 8G. TIP Holdings, APN 035-268-06 It was noticed the APN on the agenda should have been 035-268-05, not 035-268-06. A meeting was scheduled for February 24, 2022 at 9:00 a.m. for this appeal.

Mrs. Kaminski

adjourned the meeting. APPROVED this__1S* day ATTESTED: of _f-clorneey , 2023. NY = | 44 ceo, & Be Xpraun Chair / Board of Equalization” Nye County Clerk / Deputy