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Show Tax Coiiisfsissra Chief Expbisis tal Action Some light was shed this week cm the recent devaluation devalu-ation of properties belonging belong-ing to Texas Gulf Sulphur Company's potash operation opera-tion which severely dropped' tax rolls in Grand County, following receipt of a letter let-ter from Governor Calvin L. Rampton which enclosed a report from Chairman of the State Tax Commission to Lyman Smart- of the De-partmom De-partmom of Community Affairs. Af-fairs. The report, from the Tax Commission indicated that an informal hearing was held with representatives of the Texas Guh Sulphur Company during April of this year regarding the 1071 assessment of property owned own-ed and, or, under lease in Grand County. Following this hearing, it was determined deter-mined by the State Tax Commission that the 1971 assessment of the property at the facility would be based on the following: The solar ponds at the Cane Creek site will not be assessed in 1071 since their construction had only begun. All land would continue con-tinue to be assessed at " per acre as has been the case in the past. All items listed in the TGS Return for Assessment that have no value (including such items as head frame, crystallizer, cooling tower and all other oth-er equipment that cannot be u:'d in solution mining1) are to be deleted from the assessment. All pipe, valves, etc., to be used for the pipeline to the ponds and which were on hand January 1 1971 were to be added to the 1971 assessment. The report indicated that it was the intention of the Tax Commission to review in detail the assessment of the properly at future years and to take into consideration considera-tion each year all relevant lactors as relate to the proper pro-per market value and assessed asses-sed value of the property in question. In addition, Governor Rampton stated that in the future, he had instructed the Tax Commission Commis-sion to hold at least some kind of public hearing when matters of this kind arise that have such a pro-- pro-- found effect. |