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<P><B><FONT face=Arial,Helvetica,Geneva,Swiss,SunSans-Regular color=red
size=+2>Up date on May 18th Court Hearing</FONT></B></P></DIV>
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<P><FONT face=Arial,Helvetica,Geneva,Swiss,SunSans-Regular
size=-1><B>ALERT:</B> #46<BR><B>DATE:</B> Friday, May 21,
2004<BR><B>TO:</B> Incline Village & Crystal Bay Property
Owners<BR><B>FROM: </B>Nevada Property Tax Revolt Committee<BR></FONT></P>
<P><B><FONT face=Arial,Helvetica,Geneva,Swiss,SunSans-Regular>Dear Fellow
Incline Village & Crystal Bay Property Owners,</FONT></B></P>
<P><FONT face=Arial,Helvetica,Geneva,Swiss,SunSans-Regular>We have
completed round one of our hearings before Washoe District Judge Peter
Breen. He said last Tuesday that he wants to take some time before ruling
as to whether to dismiss a class-action lawsuit. The lawsuit filed by the
Village League is seeking to stop alleged discriminatory practices in over
valuing homes at Incline Village and Crystal Bay. Susan Voyles, a reporter
with the Reno-Gazette Journal, did a great job describing this hearing, as
well as events that preceded it. <A
href="http://www.rgj.com/news/stories/html/2004/05/18/71107.php?sp1=rgj&sp2=News&sp3=Local+News&sp5=RGJ.com&sp6=news&sp7=local_news">Click
here</A> to read the article.</FONT></P>
<P><FONT face=Arial,Helvetica,Geneva,Swiss,SunSans-Regular>In addition,
Voyles reported on our success in getting changes to the Nevada Tax
Commission Rules and Regulations that control the appraisal methods that
must be used by the Assessors. You may have heard the old cliché "the
devil is in the details". This is certainly the issue with the existing
regulations and the proposed revisions. <A
href="http://www.rgj.com/news/stories/html/2004/05/15/70885.php?sp1=rgj&sp2=umbrella&sp3=umbrella&sp5=RGJ.com&sp6=news&sp7=umbrella">Click
here</A> to read the article.</FONT></P>
<P><FONT face=Arial,Helvetica,Geneva,Swiss,SunSans-Regular>A member of our
Board, Les Barta, has done an outstanding job of arguing our position on
the proposed changes to the regulations. We are confident that the
approved revisions will go a long way toward requiring the Assessor to
strictly follow the regulations in assessing properties, not only in
IV/CB, but also throughout the entire State of Nevada. <A
href="http://www.tahoebonanza.com/apps/pbcs.dll/article?AID=/20040521/News/105210009">Click
here</A> to read the article in the Tahoe Bonanza.</FONT></P>
<P><FONT face=Arial,Helvetica,Geneva,Swiss,SunSans-Regular>The Village
League is winning. “This one’s for you”, and all of the taxpayers in
Incline Village and Crystal Bay!</FONT></P>
<P><FONT
face=Arial,Helvetica,Geneva,Swiss,SunSans-Regular>Sincerely,</FONT></P>
<P><FONT face=Arial,Helvetica,Geneva,Swiss,SunSans-Regular
size=+2><I>Ted</I></FONT></P>
<P><FONT face=Arial,Helvetica,Geneva,Swiss,SunSans-Regular size=-1><B>Ted
Harris,</B> Tax Revolt Committee Chairman<BR>The Village League to Save
Incline Assets<BR>775-831-3914<BR><A
href="mailto:%20tedgh@nvbell.net">tedgh@nvbell.net</A><BR><A
href="http://www.NevadaPropertyTaxRevolt.org">www.NevadaPropertyTaxRevolt.org</A></FONT></P>
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