Commissioners reverse course of revaluation |

Commissioners reverse course of revaluation

The Grand County Board of Commissioners will not seek to reverse its March property tax revaluation of the Henderson Mine and Mill, according to a press release.

The board had announced its intention to seek a reversal of its earlier decision after hearing the concerns of citizen Peter Ralph at its Tuesday, April 19 meeting.

Mine owner Freeport-McMoRan had asked the county to change its valuation from a five-year average of production to a three-year average.

During the April 19 meeting, Ralph claimed that Freeport-McMoRan had filed its revaluation request too late, among other concerns.

Commissioners seemed to side with Ralph, even going so far as to direct County Attorney Alan Hassler to work with Ralph on a letter to the mining giant announcing the reversal of their decision.

But the board reversed itself yet again in a press release sent to local media early Thursday evening.

“When Henderson recently asked the Grand County Board of County Commissioners for some financial relief in the form of reducing their Mine by Proceeds Averaging Valuation from five-year to year-by-year valuation, the Board was willing to listen. The Board felt it was reasonable to meet Henderson half-way and made a decision to change the current five-year averaging to three-year averaging beginning with 2016 taxes collected in 2017. Recently, there has been much discussion and some additional information provided regarding this process. The Grand County Board of County Commissioners have listened carefully, evaluated this information and stands behind their original decision.”

Related story: County wants reversal of mine revaluation decision

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