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DocuSign Envelope ID:CD609373-3AA7-4A4A-AD96-60FEBC2424AD <br /> Kelly Wells represented the County and stated the property is a multi-tenant retail building located in the <br /> area known as Carraway Village. The appellant is appealing the valuation on the basis that the income <br /> and expenses from 2020 suggest a lower valuation of$4,000,000 for the property. <br /> Ms. Wells stated that upon review of this property by CCA, CCA weighted the sales comparison <br /> approach 50%and the income approach 50%for a reconciled valuation of$2,229,285 for the property. <br /> As a result of this review, Orange County recommends changing the market adjustment of the land from <br /> 200%to -22%for a revised valuation of$2,234,700. <br /> The Board reviewed all documents and information provided by the appellant and the County. After <br /> deliberation and review,Mr. Beattie made a motion to accept the County's revised value of$2,234,700. <br /> Ms. Levine seconded the motion and the motion carried. <br /> Yes: 3 <br /> Noes: 0 <br /> Having heard all of the appeals scheduled on this date,Mr. Beattie made a motion to adjourn this meeting <br /> at 2:11 PM. The motion was seconded by Mr. Meyers and the meeting was adjourned. <br /> �DIo1cuSSiign^ed by, A <br /> 6,�/N N ✓�N l`L <br /> RqRFIRF <br /> Hunter Beattie, Chair 4/1/2022 <br /> /DocuSigned by: <br /> 4/1/2022 <br /> Vrinlli Flores,Recording Secretary <br />