California Court of Appeal

It was proper for the Los Angeles County Assessor to consider the actual income stream resulting from an above-market price, government-facilitated power purchase agreement, in the property tax valuation of an independent power plant developed and operating under that agreement.

Appellate Information

• Decided 06/05/2002
• Published 06/06/2002

Judges

• EPSTEIN, Acting P.J.

Court

• California Court of Appeal

Counsel

• For Appellant:
  
•  Morrison & Foerster, Thomas H. Steele, Peter B. Kanter, San Francisco, and Pilar M. Sansone for Plaintiff and Appellant., Rodi, Pollock, Pettker, Galbraith & Cahill, C. Stephen Davis and Cris K. O'Neall, Los Angeles, for Independent Energy Producers Association as Amicus Curiae on behalf of Plaintiff and Appellant.


• For Appellees:
  
•  Lloyd W. Pellman, County Counsel and Albert Ramseyer, Principal Deputy County Counsel for Defendant and Respondent.