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County approves TORO Company tax court settlement payments totaling $165,873.15

Cottonwood County Board of Commissioners · September 17, 2024
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Summary

The board voted unanimously to pay TORO Company tax court settlements: $89,892.00 plus $8,502.68 interest for 2022 and $63,520.00 plus $2,958.47 interest for 2023, per County Assessor Dave Grev’s presentation.

County Assessor Dave Grev presented tax court settlement abatements affecting TORO Company and the board approved payment for two years of settlements. The board authorized payment for Payable 2022 in the amount of $89,892.00 plus $8,502.68 in interest and Payable 2023 in the amount of $63,520.00 plus $2,958.47 in interest (unanimous motion by Gravley, second by Stevens).

The combined amount approved for the TORO Company settlements at this meeting equals $165,873.15. The minutes record the board’s unanimous approval without qualification; no further payment schedule or funding source detail was recorded in the minutes.