Law360 Canada ( June 29, 2022, 6:02 AM EDT) -- Appeal by Western Eagle Lodge Management General Partners Inc. and Pfeiffer Holdings Ltd. (Appellants) from the dismissal of their appeal on the property tax assessments on grounds that the Assessment Appeals Committee of the Saskatchewan Municipal Board (Committee) erred in its interpretation of s. 165(3.1) of The Cities Act. The appellants each owned a hotel. For the 2018 assessment year, the assessors continued to use the cost approach to value the two properties. The property owners appealed their assessments to the North Battleford Board of Revision (Board) claiming the income approach should have been used. The only substantive issue before the Board was whether the cost approach or the income approach should be applied. The Board found the assessment was in error because the income approach should be used to value the properties. North Battleford appealed the 2018 Board Decision to Committee. The Committee overturned those decisions based on its interpretation of the Board’s decisions and the Committee’s application of s. 165(3.1). In the Committee’s view, s. 165(3.1) required there to be a change in the facts, conditions and circumstances affecting the property before a change could be made in the assessments....