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3 <br /> REQUEST <br /> FOR PROPERTY TAX REFUND <br /> Map Nbr: 7.126M..729 <br /> Tract Nbr: 763442 <br /> Account Nbr: 244587 <br /> Rate Code: 22 <br /> Name: WHG, Inc. <br /> Address: 308 Glade Street <br /> Chapel Hill,NC 27516 <br /> Action Requested: Request property tax refund for 2001. <br /> Recommendation: Approve total property tax refund of$1,491.67 <br /> Explanation: WHG,Inc. is a builder. This house, located at 308 Glade Street was under <br /> construction in 2001. New house taxed at 100%complete on 01/01/01. <br /> Should have been at 55%complete. Valuation changed from$295,256 <br /> (100%complete)to $196,535 (55%on house, 100% for land). <br /> Reference: General Statute 105-381(a)(1)b. A illegal tax. <br />