Magellan South Mountain Limited Partnership v. Maricopa County
In Magellan South Mountain Limited Partnership v. Maricopa County, 192 Ariz. 499, 968 P.2d 103 (App. 1998), however, we reasoned that a predecessor statute, A.R.S. 42-221.01.A, was designed to give counties an additional nine months "to take account of" newly constructed and reconfigured property on or before September 30 of the valuation year. Id. at 502, P 13, 968 P.2d at 106.
Consequently, the Court upheld the assessor's ability to "re-value" the property and send a supplemental notice after learning that the property, which it initially valued as vacant land in 1995, acquired completed apartment buildings by December 2, 1996. Id. at 500, 502, PP 2-3, 13, 968 P.2d at 104, 106.