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HomeMy WebLinkAboutR1960-01 Public Service Company • •
WHEREAS, the Colorado State Tax Ltmission placed a duties;- of $173,200.00
on the property of the Public Servile Company of Colorado located in Sur gossikr,
Colorado, for the year 1960, wdsi,h`atas a reduction of $135,AO,0 for thS rat 9 N
Ind-this red notice, togirtheir with a redifetim of 00,140,00 four the rear 19510 sakes
en aggregate reduction in assessed valuation for said Company of $195,940.00 for salt
taro© year period.
1110 AND MEWS,&S, the Board of County Commissioners at Eas1e County and this
Assessor-of said County pitotested the 1960 valnotion"of the Public gexidmr"+tha■eiaaaay
of Colorado property as aeede by the-0014rado State Tex Comdata', at a hearing in
Denver,ado can July 19,_196; and are r'.'in rid* of a fitter OM the
State Tax Commission signed kr Jahn R. Slim ass mermen, sdetaaining said ass.siment
and distribution as certified to then County Assessor of Eagle Caupaatty, forth* year
1960.
AND WOWS, the Cam' CumiCsioners and the County Assessor are of the
opinion that the aeeised valuation placed an the property of the Public Service
r of Colorads,-.and the distribution thereof to the several mantas in 'which
said property is located, is illegal and erroneous for the following reasons:
-- 1. The State Tex Commission is but by Statute with the"d ty
the assess/sent for the Public Service Coo t►' of Colorado "
prop , as wall es ..
other public utility prasPerty,3rhidh is a f ation regniriug the oattarcie. of peraewal
judgment and d retion; and that-said Cesar dsai on'failed, ,neglected and Maw' US
perform this statutory-duty in that it took the''vaii es fixed by the see OalIid *Travis
Report" to the Legislative Council Coadtte e, and adopted such values as its eun.
2. The State Tax C}oudsaiou erroneously conktraid the "Travis Reports; and
the recommendation* of the LOg al ative Commit Cwasitt.. based th.Vreos es bdag a
Mandatory directi'We to the Tax Camm ssi on to adopt the 'values and assessment mmthods
4sst
forth in said report, wades in truth and in tact both hers onlya in no way terAcrg on said Tax Cammission,
3. "The State Tax thaaishiou erroneously aid arbitrarily applied a
d pri6ci ation factor to thathistorieat cost Eiger* submitted by the Pu lio Semmes
Ccmiianpr of Col$ral° t o arrive at ket value, and Such Notion wads 1r
ra ". t
estatbliahed practice theretofore- Gil . bar the State Tax Caaeated and d hams barer[
miry y oath* r�ec ation of_ ',Travis Report".
4.
_. 4. The Static Tax Cama:Mou u ly-read arbiti*z y rehneed,- or
all utilities in t}ne State of Colorasdo, thepercebtaage or equalising faster as "'
applied to market value from 45% to 10'in 1959 and teat 40%.te37,5%"in 1%O, Ltd
based sash reduction on the statewide egge as shown by the Sales Rio Seadr fear
-lc:call`y assessed pa erty." It is submitted that this reducti cn is imremo sable and
aarbitraWy ain"de the Sales Ratio Sway is incomplete is based epos: sago of property
at idflatol seas with no utility .false Involved, and the statewide average furnishes
no yardstick as applied to individual counties.
am
the PublicSSerarice **myof itea l Vital valuation re saied-its duty in aaaas s
figures, as wallll a a th
e
he
percentage of the total-value elloalted to each. county involved, vithaat making amy
effort to verity such valuation or allocation. -
- AND MENE3, the cost of-Statii and 2;c ccal g io constantlyconetentliinareasIng.
ind the arbitrary action of the State Tax Commission is.draatiealir radusrmff thfl
ass iissid vaalisa Lion of the propel of the Puhlid Service Camay y of ems, ads an
41pwarranted And impossible burden es ether taxpayers of RAgl a County,
T, THEREFORE; 8E IT B'Z OLVED that the Board of County Commissicsm s coif
Rye County, Color, and the rummer of said County, go on rs as further '.
pretestifig thi reduction in valuation-for th. property of the Public Servile Compa
of-Colorado, and as r gaarsasting the State Tax Oueesisiti as Wreath:14e the mart
posed upsii the property of the" tic Service-Company of Colorado, and to Ins the
assessed valuation of said Compeers property at the 1959 level umlil aar
V
. 4
411
• •ft *ft
ely of said matter establishes that a change should be rade,
BOW OF COUNTY COMMISSIONS OF EAGLE COUNTY,
COLORADO
Ay' /s/ H. A. Nottinghad*
domistisiOriOr &rid blairomn -
/3/ John Clark
/s/ Jake Lucksinger
ATTEST:
/s/ Thomas F. McBreen
Tj4 to Boar '
(OFFICIAL SEAL)
WOVEN
/s/ Clair Bertroch.
AisessOr of Eagle County, ColitOido
At a regular meeting of the Board of County Commissioners of Eagle County,
Colorado, held at the Court House in the Town of Eagle, Colorado, on the 5th day
of August, 1960, there being present H. A. Nottingham, John Clark and Jake Lucksinger,
County Commissioners, the above and foregoing resolution was unanimously passed and
adopted.
Clerk of the Board of County Commissioners
Eagle County, Colorado
•