CARSON CITY — The Howard Hughes Corp. has submitted a litigation in Region The courtroom searching for to have the evaluated value diminished by more than $50 million on 5,541 acres of pristine place in the Summerlin place.The unique value of the place was placed by $249.3 million by the Clark Nation assessor, but the county Panel of Equalization diminished it to $149.7 million.
The assessor’s workplace become a huge hit to the condition Panel of Equalization, which put the value to $200 million.
The Hughes Corp. wants the taxed value set again at $149.7 million. It says the choice of the condition Equalization Panel was “clearly wrong, haphazard, capricious and recognized by mistreatment of attention.”
The organization said one of the condition selected board associates encouraged the value be set at $200 million as a compromise.
