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I1 s = - 2, - - 3e ducing any income. The Tax Supervisor recommends that a 50% 5. economic depreciation be granted because no income was produced 6. ($40,620 reduced to $20,310) and that as much tax liability as is 7. "attributable to one half of that valuation" be released. Com- 8. missioner Whitted moved, seconded by Commissioner Willhoit, to 9. approve the Tax Supervisor's recommendation. Vote: Ayes, 5; noes, 0- ;a Kappa Alpha Order--Mr. Kelly told the Board the Tax Office had discovered the personal property of the Upsilon Chapter of this o:.-der in 1979 for the years 1974-79 in the amount of $15,200 each year (approximately 20% of the value of the house) ; the Tax Office discovered the personal property at approximately 40% (or .$3.0,400) in 1980. The Chapter has protested this valuation, and requests that valuation be reduced. The Tax Supervisor, based on an inspec-- -.3. tion of the personal, property of the chapter "and in the interest _<<; . of uniform assessment" recommends that the assessment be reduced to . 20„ 5% of the valuation of the house ($3,790) for 1974-80 plus 10% 27., late listing penalty for each year and the tax bills for those years 212, be reduced accordingly. Commissioner Gustaveson moved, seconded �3, by Commissioner Barnes, to approve the Tax Supervisor's recommendation. 21,._ Vote: Ayes, 5; noes, 0. The Board asked the Tax Office to furnish it with the exact figures of the amounts, i;nvolved, for informational purposes. Chapel Hill Country Club--Mr. Kelly said this personalty had 23 been incorrectly listed as being within the city limits of Chapel �9, Hill, when in fact, it was in the County. The Tax Supervisor recom- . 30. mends refund of Chapel Hill taxes for 1979-80 for $2,387.71. Commissioner Whitted moved .approval of the Tax Supervisor's f_e recommendation; Commissioner Gustaveson seconded the motion. Vote: 33- Ayes, 5; noes, 0. 3tr Edna Potts--Mr. Kelly said Ms. Potts claims an error was made 35. by the lister when her 1981 listing form was filled out, indicating 16. her income exceeded $9,000. Ms. Potts says her income does not 37. exceed that amount. Ms. Potts requests the Board release that portion 36, of her 1981 taxes which was based on the amount increased by the 39. 40.