(DOWNLOAD) "Laduke V. Cf&I Steel Corp." by Colorado Supreme Court * eBook PDF Kindle ePub Free

August 03, 2021

eBook details

Title: Laduke V. Cf&I Steel Corp.
Author : Colorado Supreme Court
Release Date : January 16, 1990
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 58 KB

Description

We granted certiorari to review the decision of the court of appeals in CF&I Steel Corporation v. Patton, 765 P.2d 586 (Colo. Ct. App. 1988), affirming the order of the district court requiring the Pueblo County Assessor to revaluate the 1984 real property tax assessments of respondent CF&I Steel Corporation's manufacturing facilities. The court of appeals agreed with the district court that the partial permanent shutdown of the CF&I steel mill and the 52 percent reduction in its workforce constituted an "unusual condition," namely a "change in the use of the land," pursuant to section 39-1-104(11)(b)(I), 16B C.R.S. (1982), and therefore that the assessor was required to consider valuation factors beyond the 1977 base year. We conclude that a change in the use of the land does not include a partial shut-down of an industrial plant when a significant portion of that plant continues in operation and, therefore, we reverse the judgment of the court of appeals.