A medical sterilization company is suing a suburban Atlanta county, saying the county unlawfully lowered the property values of thousands of homes because of concerns about releases of a poisonous gas.
Sterigenics sued the Cobb County Board of Tax Assessors on Aug. 14 in federal court, The Atlanta Journal-Constitution reports. The company, which operates a plant that sterilizes medical instruments with ethylene oxide, claims the board targeted the company without proper data to back up its decision. The move could aid lawsuits against the company that some homeowners are considering.
The board in April approved a 10% reduction on residential property valuations within a two-mile radius of the Smyrna facility, said Chief Appraiser Stephen White. The reduction affects more than 5,000 homes.
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