Arizona republican., 1914-02-18
Further Progress is Being Made in Determining the Valuation of Central Di- vision of City Property Under Somers System
EXACT MEANING
 OF 100 PER CENT
When That is Finally Set tied It Will Be an Easy Matter to Fix Values of Other Property Within the District

County Assessor J. T. Bone is de- sirous of having all property owners in the district bounded by Seventh avenue on the west, Seventh street on the east, Van Buren street on the north and Harrison street on the south, attend a meeting at the court room of the city hall this aft ernoon at o'clock sharp. The req son for calling this meeting is that Assessor Bone wishes the. property owners in this district to furnish him with information as to what they think the best frontage on the north side of Washington street is worth. between First avenue and First street The committee of property owners has unanimously agreed that this frontage represents the 100 per cent of valuation, or in other words Is the most valuable inside property in the city of Phoenix
 At the meeting yesterday after noon there was a considerable vari- ance of opinion, and it is to get this opinion crystallized into a value that will represent the full value of inside frontage at this point In this con- nection MT. Bone wants to know what is the value of an inside lot. that is. what it will sell for today. under normal terms and conditions. exclusive of the improvements there cn.
 The tentative values, as expressed in relative percentages of the high value central point, were fixed by the committee of property owners at the meeting yesterday for cross streets, running north and south in the above named district, and the business district is practically com- plete as far as the tentative percen- tases of value are concerned. With inc aGoption of the value which will represent 100 per cent, and the final adoption ot the per1ent9 ges of rela- tive value for the other frontages in the Gistrict, it will become a simple matter to value the inside block frontage.
 The corner values will be com
 
 teTmined on, through the use of the Somers System corner tables and the application of land valuation rules of the Somers System service. Following is the tabulaton of rel ative percentage values of the front age of the north and south cross streets, arranged in a similar man ner to those which appeared in The Republican Tuesday morning.
 Tabulation follows:
 Central Ave. East Side Percent Washington to Adams....... 971z Adams to Monroe ........75 to 50 Monroe to Van Buren 32 to p Central Ave. West Side Percent Washington to Adams ...... S74 Adams to Monroe .65 to 40 Monroe to Van Buren, (SchooD Central Ave. Both Sides Percent Washington to Jefferson. ....70 to SO Jefferson to Madison 40 to 30 Central Ave. West Side Percent Madison to Jackson .. p Central Ave. East Side Percent Madison to Jackson . 20 Central Ave. Both Sides Percent Jackson to Railroad .... 16 First Ave. Both Sides Percent Washington to Adams. .. 75 Adams to Monroe .........70 to SO Monroe to Van Buren. ... (SchooD First Ave. East Side Percent Washington to Jefferson. :. .. 50 to 40 Jefferson to Madison. .25 to 20 Madison to Jackson ..... 20 Jackson to Railroad. ..... 16 Second Ave. Both Sides Percent Washington to Adams ......55 to AZ Adams to Monroe -. .....45 to 40 Monroe to Van Buren. .... 20 Washington to Jefferson. 40 to 30 Madison to Jackson Jackson to Railroad ....... -12 Third Ave. Both Sides Percent Washington to Adams. IS to IA Adams to Monroe ...... ..12 to 1C Monroe to Van Buren ..... to Washington to Jefferson. 16 to II Jefferson to Madison ....... to Madison to Jackson ...... Jackson to Railroad .... F Fourth Ave. Both Sides Percent Washington to Adams. .12 to l Adams to Monroe .......... to Monroe to Van Buren ...... Washington to Jefferson ... to | Jefferson to Madison ....... | Madison to Jackson ........ Jackson to Harrison ........ + Fifth Ave. Both Sides Percent Washington to Adams. ......9 to 6K l Adams to Monroe .......... i Monroe to Van Buren ...... 6
 Washington to Jefferson. to Jefferson to Madison. , | Madison to Jackson ......... Continued on Page Three)