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Answer to Cob tax offer expected
By ANGELA TORRETTA
Klamath County Commissioners are hoping for a
response Thursday from a Cob Energy Facility
representative on deals they proposed earlier this
month on a possible enterprise zone deal.
During the meeting,
commissioners also expect to hear from Bonanza's
fire, cemetery, vector and park districts. The
various taxing districts were invited to give public
Comments from Bonanza
officials may be the last step before the
commissioners either approve or reject the
enterprise zone, and Commissioner Al Switzer said
Tuesday that he hoped the board would make a
decision. After that the proposal would go to the
Klamath Falls City Council, to the state and back to
the county for approval.
The commissioners and
Cob representative Paul Turner have bargained for
the past month over a deal.
Last month Turner
proposed a new deal of a cash payment equal to half
of the assessed property value.
If a half-size plant
were built, the amount would be $1.9 million the
first year and dwindle to $1.6 million by the end.
by each coming up with a counteroffer.
Commissioner Bill Brown
asked for Cob not to take any tax breaks.
Page Updated: Thursday May 07, 2009 09:14 AM Pacific
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