LAWSUITS NEWS & LEGAL INFORMATION
Land Value Oversight
Yuma County, AZ: (Mar-24-08) Qwest Corporation brought a lawsuit against several governments throughout Arizona, including Yuma County, alleging that the governments overtaxed Qwest on various properties in the state of Arizona. The Arizona Department of Revenue and all 15 state counties are named as defendants in the suit. The three-year-old suit claimed that the taxable value on Qwest's property was set too high from 2000 to 2002. The suit also deals with how much some of the company's property has depreciated in value.
Sources stated that a settlement, which should be finalized soon, could see Yuma County alone paying the Denver-based company as much as $200,000 to $250,000. The total payout could be hundreds of thousands of dollars, as Yuma County officials stated that about half the counties named in the suit have taken similar action. [YUMA SUN: YUMA COUNTY COULD OWE QWEST AS MUCH AS $250,000]
Published on Mar-25-08
Sources stated that a settlement, which should be finalized soon, could see Yuma County alone paying the Denver-based company as much as $200,000 to $250,000. The total payout could be hundreds of thousands of dollars, as Yuma County officials stated that about half the counties named in the suit have taken similar action. [
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