Court Opinion

ID: 9647243
Source: CourtListenerOpinion
Date Created: 2023-08-23 13:28:20.172656+00
Date Added: 2024-06-11T14:57:51.761968
License: Public Domain

FINCH, Judge
(concurring in part and dissenting in part).
I concur in that portion of the principal opinion which dismisses the appeals taken by the City of St. Louis. However, I dissent from the remainder of the opinion for the reasons expressed in the case of Frontier Airlines, Inc. et al. v. State Tax Commission of Missouri et al., 528 S.W.2d 943 (Mo. banc 1975), decided concurrently with this case. I recognize that the character of the appellants and the premises they occupy differ somewhat from that of the airline companies in Frontier Airlines, but we still deal with a unique or special purpose facility and I do not believe that we should hold that the bonus method, based on a willing but unobligated seller and a willing but unobligated buyer, is the only permissible method of valuing possessory interests in such property.