21.07.090 Valuation of Utility Property

For the purpose of assessing property for taxation purposes, the Commission may employ such persons or firms to determine the valuation of the property (including necessary rights-of-ways, rolling stock, and capital improvements) which belong to each of the public utilities doing business within the Turtle Mountain Indian Reservation and its Trust Lands. Such valuation may be relied upon by the Tribal Council in determining a fair and equitable level of taxation to be based upon such valuation, the gross revenues derived therefrom, or the going concern value of each utility operations within the Reservation.