Story County Wind, LLC v. Story County Board of Review

Summary

The Iowa Supreme Court affirmed the district court’s summary‑judgment dismissal of Story County Wind, LLC’s property‑tax appeal. The Court held that under Iowa Code § 427B.26 (as in effect 1993‑2021), a repowering of a wind plant does not create a new assessment schedule or alter the plant’s valuation. The decision rests on a plain‑meaning reading of the statute, which refers to the entire wind plant and its original net acquisition cost.