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Commission tables US Magnesium tax‑payment agreement after members seek tighter terms
Summary
Staff presented a draft payment agreement with US Magnesium LLC for delinquent property taxes, estimated at roughly $6–6.8 million; the commission tabled the draft pending tighter contract language.
County staff and counsel discussed a proposed payment agreement with US Magnesium LLC, which owed several million dollars in delinquent property taxes. Mike Jensen (county staff) summarized the company’s proposal and the county‑draft contract at the June 3 meeting.
Jensen said US Magnesium had agreed to make $50,000 monthly payments and that the county had received May’s $50,000 payment. He reported the delinquent tax total at the time of discussion as roughly $6.8 million (the staff presentation showed earlier figures of $6.3 million as of a prior date and $6.8…
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