Oregon Supreme Court August 7, 1979, TC 1155, SC 25739 (Oregon Broadcasting Co. v. Department of Revenue)

*269

LENT, J.

Plaintiff appeals from a decree of the Oregon Tax Court establishing a value of $219,340 for its property as of January 1, 1976.

Plaintiff’s property consists of approximately 7.95 acres together with improvements in the form of a broadcast television studio, the administrative offices of Oregon Broadcasting, Inc.