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24 <br />r <br />Map Nbr: 4.42.B.3A <br />Tract Nbr: 440373 <br />Account Nbr: 143419 <br />Rate Code: 23 <br />Name: Flint Ridge Ltd. <br />Address: c/o American Resource Mgmt. <br />2582 Santiago Blvd. <br />Orange, CA 9266? <br />Action Requested: Request property tax refund for 1997 - 1998. <br />Recommendation: Approve total property tax refund of $24,146.95 <br />Explanation: N.C. Property Tax Commission issued order to reduce 1997 and 1998 <br />property value from $6,976,968 to $6,153,676. Value difference of <br />$823,292. This is the 164 unit apartment complex known as <br />Flint Ridge located in Hillsborough on Old Hwy 86. <br />Reference: General Statute 105-290(b)(3). Property Tax Commission decision. <br />