| 1 | Representative Bogdanoff offered the following: |
| 2 |
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| 3 | Amendment |
| 4 | Remove lines 129-150 and insert: |
| 5 | (b)1. Property classified as working waterfront property |
| 6 | under this section shall be assessed on the basis of the |
| 7 | property's current use. The property appraiser shall consider |
| 8 | only the following use factors: |
| 9 | a. The condition of the property. |
| 10 | b. The present market value of the property in its current |
| 11 | use for the foreseeable future. |
| 12 | c. The income produced by the property. |
| 13 | 2. In no event shall the assessed value of the property |
| 14 | exceed just value. |
| 15 |
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