Shoppers' World & Lamar Land Tax Fight
Here's a summary of the Austin City Council's December 18, 1959 agenda:
Property Tax Appeals Dominate:
The entire meeting focused on hearing multiple appeals from property owners disputing their real estate and business tax assessments.- **Shoppers' World Audit Woes:
** Major retailer Shoppers' World appealed its land valuation and faced scrutiny over unprovided inventory records from its New York office, leading to a promise of future cooperation from management.
On-Site Inspections Proposed:
For appeals involving properties on Riverside Drive, the Mayor indicated that the Council would personally visit and inspect the sites to better evaluate the valuation claims.Lamar Boulevard Development Challenged:
Lamarwell Realty contested its South Lamar property's assessment, citing difficult terrain and access issues, but city officials largely upheld the current valuation, noting local front-foot rates.
Full Transcript
CITY OF AUSTIN. TEXAS=== MINUTES OF THE CITY COUNCIL CITY OF AUSTIN, TEXAS Recessed Meeting of December 18, 1959 December 18, 1959 10:00 A. Μ. Council Chamber, City Hall 1094099 The meeting was called to order with Mayor Pro-tem Palmer presiding. Roll call: Present: Absent: Councilmen Bechtol, Perry, White, Mayor Pro-tem Palmer Mayor Miller Present also: W. T. Williams, Jr., City Manager; Doren R. Eskew, City Attorney; T. B. Marshall, Tax Assessor and Collector. The Council had set this date to hear three appeals represented by Mr. Trueman O'Quinn. R. H. Folmar, By Trueman O'Quinn - Parcel 2-0101-0205 Lot 2, R. H. Folmar Subdivision, Full Value By Tax De- partment Full Value By Value Assessed Value Fixed Board Rendered by Owner By Board Land $15,074 $12,434 Not Rendered $9,330 Imps. Total $15,074 $12,434 $9,330 205 Riverside Drive .98 acres Isaac Decker League, (Parcel 2-0101-0209) - Land Imps. Total $19,152 54,372 $73,524 $13,188 54,372 $67,560 Not Rendered $ 9,890 40,780 $50,670 39 acres, Martin Estate, Isaac Decker League (Parcel No. 2-0101-0215) Land $ 5,096 $ 2,548 Not Rendered $ 1,910 Imps. Total $ 5,096 $ 2,548 $ 1,910 CITY OF AUSTIN, TEXAS 1100 1100 .22 acres of Martin Estate, Isaac Decker League (Parcel 2-0101-0216) Land Imps. Total $ 2,875 $ 2,875 $ 1,437 $ 1,437 Not Rendered $ 1,090 $ 1,090 .28 acres of Martin Estate, Isaac Decker League (Parcel No. 2-0101-0217) Land $ 3,659 $ 1,830 Imps. Total $ 3,659 $ 1,830 Not Rendered $ 1,370 $ 1,370 .30 acres of Martin Estate, Isaac Decker League (Parcel 2-0101-0220) Land Imps. $ 5,930 Total $ 5,930 $ 3,488 $ 3,488 Not Rendered $ 2,620 $ 2,620 .16 acres of Martin Estate, Isaac Decker League (Parcel No. 2-0101-0222) Land $ 2,788 Imps. Total $ 2,788 $ 1,046 Not Rendered $ 780 $ 1,046 $780 MR. O'QUINN stated the first parcel, No. 2-0101-0205, Lot 2, R. H. FOLMAR Subdivision, was no longer owned by Mr. Folmar. The appeal covered only land on Riverside Drive. He stated the total assessed value was $17,650 as against $10,490; that the Board had reduced the amount from $29,620 to $17,650. He compared properties in the area. The Mayor stated the Council would go look at the properties. SHOPPERS' WORLD, 5300 Block of Burnet Road Spear League (Parcel No. 2-2703-0103) 3.45 acres of George W. Assessed Value Fixed By Board Full Value Full Value by Tax De- partment By Board Value Rendered By Owner Land Imps. $ 88,843 $ 88,843 $ 46,290 $ 66,630 Total 205,586 $294,429 205,586 $294,429 129,440 $175,730 154,190 $220,820 Personal Property Merchandise (Assessed) $150,000 $ 71,750 $150,000 Furn. & Fixt. Total 35,090 20,450 35,090 $185,090 $92,200 $185,090 Mr. O'Quinn stated the building probably was not too far out of line; but on the land, he did not believe enough credit was given to the fact that the back corner for the service station was taken out of this tract, and they were in the rear. The Mayor asked for a comparison with Allandale Shopping Center property, and Mr. Gladden stated Shoppers' World was about one-third less than that for Allandale. Mr. O'Quinn then discussed the inventory for Shoppers' World and filed certificates of inventory for FASHION-THIMBLE SHOE COMPANY, DARNELL JEWELERS, O'CONNOR MILLINERY CO., H. R. FISHER FURNITURE STUDIOS, and GIANT VALUE STORES, INC CITY OF AUSTIN, TEXAS 110/1101 Mr. Bellmont stated they had been unable to look at the books, as they were in New York; and although the Tax Department wrote to the New York firm and asked for a C.P.A. certified statement, the request was never answered. He stated the Tax figures followed the square footage charge in line with similar stores. Discussion was held on proper reporting, and Mr. O'Quinn stated the Manager would furnish the inventories at the time the rendition is made from now on. The Council heard Mr. O'Quinn on the appeal on the Furniture and Fixtures. Discussion was held on the cost of the sign, which the Manager of Shoppers' World had assumed went along with the value on the building. The Mayor asked that the price of the sign be obtained. The Equalization Board was to make a recommendation. LAMARWELL REALTY COMPANY - 9.39 acres of Lots 5 & 6, Evergreen Heights (Parcel No. 1-0204-0301) 1120 South Lamar Boulevard. Land Imps. $ 92,541 381,964 Total $474,505 $ 92,541 381,964 $474,505 $27,040 $ 69,410 112,500 286,470 $139,540 $355,880 Mr. O'Quinn stated it was their belief that the $69,410 assessment on the land was too high, and said they had to bring the land down to grade; that it was on a hillside and they had to use a dangerous intersection; that they were unable to use a corner on account of the terrain; and the railroad property from which area very little trade will come. Mayor Miller stated he thought the $69,410 was reasonable. As to the building, with nearly 70,000 square feet, he thought that value was correct. Mr. O'Quinn stated they were not protesting the building. Mr. Gladden, Tax Department, stated the property was assessed at $60.00 on front foot on Lamar, and the other was discounted 25% for the bluff. Councilman Palmer stated $60.00 on front foot in that area was not out of line. There being no further business, the Council adjourned subject to the call of the Mayor. ATTEST: City Clerk APPROVED ヘレい Mayor Pro-tem