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3 <br />~QuEST <br />FOR PROPERTY TAX REFi.JND <br />Map Nbr: <br />Tract Nbr: <br />Account Nbr: 2002265241 <br />Rate Code: 22 <br />Name: Centura Bank Leasing <br />Address: P.O. Box 500 <br />Rocky Mount, NC 27802 <br />Action Requested: Request property tax refund for 2002. <br />Recommendation: Approve total property tax refund of $801.09 <br />Explanation: Centura Bank listed business personal property leased to University Inn <br />Associates with a cost of $12,925. Was billed on a value of $57,455. <br />Should have been billed on 51% of cost, which was $6,592. (A <br />transcription error that resulted in an illegal tax.) <br />Reference: General Statute 105-381(a)(1)b. An illegal tax. <br />