Proposition 13: Property Tax Roll-Over in Eminent Domain Cases, 8/20/14
In 1978, California’s Proposition 13 created security for home owners by limiting property taxes to one percent of the property’s value with a maximum two percent increase for inflation of the property value in a year. The property tax is reassessed when the property is being sold or if certain improvements on the property increase… Read more »
Azusa store owner balks at selling property to city; San Gabriel Valley Tribune, 12/4/08
By Daniel Tedford Roy Fowler’s Furniture Stationhas been sitting at the corner of Arrow Highway and Azusa Avenue for about 36 years. It’s a small L-shaped shop, surrounded by vacant land. Across the street are Covina’s AMC Theaters and Outback Restaurant. Fowler’s plan is simple: stay in business and when the time is right, pass… Read more »