Bannock County | minutes | meeting 2026-07-07 | July 7, 2026, Board of Equalization
source: https://www.bannockcounty.gov/wp-content/uploads/2026/07/20260707-BOE-Minutes-Final.pdf

July 7, 2026, BOE Minutes 
 
  
  Meeting Details 
  
  
  
  
Date of Meeting: 
Tuesday, July 7, 2026 
  
Commissioners present: 
Jeff Hough, Ernie Moser, and Ken Bullock 
  
Clerk of the Board: 
Nancy Allen for Jason C. Dixon 
  
Absent Board Members: 
 
  
Staff present: 
Assessor Anita Hymas, Chief Deputy Assessor Randy Hobson, Appraiser 
Celeste Gunn, Appraiser Jason Hooker, and Chief Deputy Prosecutor 
Jonathan Radford 
  
  
  
  
 
 
  Meeting Notes 
  
  
  
1 10:28 AM Hough called the meeting to order. Moser moved to enter the Board of Equalization. The motion 
passed. Allen administered an oath to those testifying.  
 
10:29 AM Wildwood Holdings LLC - RPR3851024002 
In follow up from the first hearing, Gunn met with applicant and reviewed an adjustment of 30% was given 
for topography reducing the value to $113,945. Moser moved to uphold the adjusted value provided. The 
motion passed.  
 
LA Semiconductor LLC - RPRPCPP110700 
10:30 AM Hooker reached out to Ted Harvala whom indicated he would reach out again to obtain the 
release for the broker’s opinion. Hooker has still not heard back.  
Hymas opined the need to look at a reduction looking at the future in this case. Staff drove by the property 
and there are fences around it and it is closed up. She can’t recommend to lower the value to the appellant’s 
request as it is a broker’s opinion. However, there is worry about the districts being hurt in the fall. Moser 
stated the building is boarded up and what it was used for is gone and proffered a reduction in between the 
values of $35 million. It has functional obsolescence. The location is still great and the land value would 
not go down.  
10:34 AM Hooker has spoken with people inquiring on the property over the last six months and they have 
all agreed that if it is no longer being used for what it was designed for, it is unique and difficult to value. 
Discussion ensued on levies, reductions, and tax amounts. Bullock moved to reduce the value to $35 
million with reduction off the improvements. The motion passed. [See July 9 minutes, decision to uphold.] 
 
 
These appeals were considered administratively and appellants were not present: 
 
PHT 1001 North 7th LLC - RPRPPOC152800; PHT Health and Medical at Northgate LLC - 
RPRPCPP146900; RPRPCPP147000; and RPRPCPP146800; PHT Real Estate Holdings LLC - 
RPRPPOC051003; RPRPPOC050703; RPRPPOC050606; RPRPPOC051302; and RPRPPOC050502 
10:41 AM Regarding the appeals of the tax exemptions, Radford reviewed the grant of a pro rata tax 
exemption for certain spaces leased for non-profits in different buildings. He is comfortable with what the 
Board decided and that the lessees were clearly eligible. The other lessees are functional businesses. The 
burden is on the applicant to show they qualify. The appellants provided two cases, but Radford does not 
agree and recommended to stand pat. 
MINUTES OF THE BANNOCK COUNTY 
BOARD OF EQUALIZATION

July 7, 2026, BOE Minutes 
 
10:44 AM Discussion ensued on upholding the decision in the past, factual showing, and a charitable 
organization’s biggest cost being rent.  Bullock moved to deny the appeals and hold the exemptions as set 
before. The motion passed.  
 
10:47 AM Hooker reviewed parcels RPRPCPP146900; RPRPCPP147000; and RPRPCPP146800 are land 
where the urgent care sits in the Northgate area. Appellant submitted that discussions with real estate agent 
revealed developed land should be valued $6 per square foot and bare commercial land at $3 per square 
foot and they only developed 4 of the 20 acres. The appraisers look at that similar to developing a home on 
the first of five acres. Just because the back four acres was not developed doesn’t change that the land is 
being valued absent any improvements. Recalling in 2022, these same properties in the Northgate area 
were looked at and the Board made a decision that because they were not all on the same land schedule, 
these were going to be lowered until they could be put on a land schedule. Since then, data and sales have 
been gathered and a specific Northgate land schedule was developed and just implemented for this year. 
The smaller parcels will have a higher rate per square foot and as the land gets bigger, the rate goes down. 
This bottoms out at $6 per square foot. Looking at recent sales of bare, undeveloped commercial land, they 
are seeing upwards of $8 per square foot. The recommendation is to uphold the assessed values.  
10:50 AM Discussion ensued on preponderance of evidence. Moser moved to uphold the assessed values 
for these parcels. The motion passed.  
  
  Action Item Summary 
  
  
  
ACTION/DIRECTION 
ASSIGNED TO 
  
Acting as the Board of Equalization, assessed values were adjusted for 
parcels: RPR3851024002; and RPRPCPP110700; 
appeals for tax exemptions were denied for parcels: PRPPOC152800; 
RPRPCPP146900; RPRPCPP147000; RPRPCPP146800; 
RPRPPOC051003; RPRPPOC050703; RPRPPOC050606; 
RPRPPOC051302; and RPRPPOC050502; and  
assessed values were upheld for parcels: RPRPCPP146900; 
RPRPCPP147000; and RPRPCPP146800. 
Assessor