Deschutes County thinks that my hangar structure (building only – NO dirt) is worth $361,590. That is more money than I’m selling my hangar for.
My assessed value is $173,960. That is what I pay property taxes on:
https://dial.deschutes.org/Real/Index/208353
If the City of Bend refuses to extend my lease, and takes over my hangar structure for public use, haven’t they taken $361,590 of my property without compensation? Wouldn’t they have violated the Fifth Amendment: “nor shall private property be taken for public use, without just compensation.”?
Chris Shaker