Supreme Court of Vermont January 25, 2007, No. 05-504 (Great Bay Hydro Corp. v. Town of Derby)

¶ 1. Great Bay Hydro Corporation appeals from a decision of the state appraiser setting the listed value of its property used as a hydroelectric generating plant in Orleans County. Great Bay contends the state appraiser departed from settled law in rejecting a recent sale of the property as conclusive evidence of its fair market value for tax assessment purposes. We affirm.

¶ 2.