Represented Our Client to Obtain the Retroactive Application of a Tax Exemption

We represented our client in the retroactive application of a 15-year Community Reinvestment Area tax exemption for improvements made to the property involving negotiations with the city, county auditor and school board.  We obtained a six-figure refund of overpaid taxes for the years prior to the ratification of the agreement, and prospective application of a 53 percent reduction in the taxable value of the property.