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In July of 1986, Mr. Talkington and Mr. Sessions purchased
the Litton property from Litton for $600,000. Mr. Talkington and
Mr. Sessions each owned a 50-percent undivided interest in the
Litton property.
During the 6 years that Mr. Talkington and Mr. Sessions
owned the Litton property, it was never occupied or leased. Also
during this time, the Litton building suffered from normal wear
and tear, deferred maintenance, and vandalism. The deferred
maintenance on the Litton building included the following: (1)
The parking lot asphalt was cracked, and the face was coming off
in places (the cracks needed sealing and the lot possibly needed
to be resurfaced); (2) the concrete flatwork on the sidewalks,
drives, and walks was cracked, and the face was coming off; (3)
there was a broken window in the north entrance; (4) the
landscaping had been neglected, and some shrubs and trees were
dead; (5) the floor tiles were damaged due to flooding in the
past; (6) many ceiling tiles were missing, stained, and/or in
poor repair; and (7) the walls were dirty and/or stained from
draining of the building's sprinkler system. Additionally, the
copper hot and chilled water piping had been stolen from the
Litton building.
The Lubbock Central Appraisal District (LCAD) determined the
appraised value of the Litton property to be $570,912 as of July
14, 1989. Petitioners appealed this assessed value and hired
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