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StumbleTax refund for power company approved
Monday, Aug. 16, 1999 | 12:44 p.m.
The appraised value of the geothermal plant was reduced from $9.3 million to $6.5 million.
The state board concluded the Oxbow property suffered from economic and functional obsolescence. The company's tax bill was reduced accordingly from $110,191 to $77,151.
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