Redding Life Care, LLC v. Town of Redding

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This case concerned the valuation of property owned by Plaintiff on which Plaintiff built a continuing care retirement community. In 2007, the assessor determined that Plaintiff's property had a fair market value of $117,621,000 and an assessment value of $82,334,600. Plaintiff challenged the valuation. The board of assessment appeals upheld the assessor's valuation. Plaintiff appealed, alleging it was aggrieved by the actions of the board because the assessor's valuation of the property exceeded seventy percent of its true and actual value on the assessment date. The trial court denied the appeal. The Supreme Court affirmed, holding (1) the trial court's determination that Plaintiff failed to establish aggrievement under Conn. Gen. Stat. 12-117a was not clearly erroneous; and (2) the trial court properly determined that Plaintiff failed to meet its burden of proving the town's assessment of the property was manifestly excessive under Conn. Gen. Stat. 12-119. View "Redding Life Care, LLC v. Town of Redding" on Justia Law