Laserfiche WebLink
OFFICE OF GENERAL COUNSEL <br /> MID-CONTINENT RESOURCES, INc. <br /> P O.DRAWER 790 <br /> 818 COLORADO AVENUE <br /> TELEPHONE GLENWOOD SPRINGS,COLORADO 81602 FAX <br /> AREA CODE 303 AREA CODE 303 <br /> 945-650 945-2303 <br /> RECEIVED <br /> November 7, 1996 NOV 12 IM <br /> Jivioion or hiinufalb 5r Uooldgy <br /> Ms . Deborah Quinn <br /> Assistant County Attorney <br /> 538 Main Street, Suite 301 <br /> Aspen, CO 81611 <br /> Re : Mid-Continent Resources, Inc . Property Taxes <br /> Dear Ms . Quinn: <br /> We have been giving a good deal of consideration to how <br /> we can provide Pitkin County with assurance that delinquent <br /> property taxes will be paid, and at the same time continue with <br /> the distribution of sale proceeds in a manner that will assure <br /> completion of reclamation and that will conform to the provisions <br /> of the Bankruptcy Liquidation Plan and of the statutes relating <br /> to property taxation. <br /> We propose the following program as a means of <br /> accomplishing these objectives, and of avoiding litigation <br /> tendered, of course, in the way of compromise without prejudice <br /> to the rights of any parties in the event litigation ensues . <br /> I understand from the Treasurer that taxes, up to 1996 , <br /> have been paid and Redemption Certificates issued with the <br /> exception of Schedule 7863 and 4062 on which taxes are owed for <br /> the years 1990 through 1996 inclusive . <br /> A recent summary provided by the Treasurer indicates <br /> claim of $502 , 457 . 61 on Schedule 7863 which amount is in dispute <br /> as you will observe from the letter to the Treasurer with <br /> attachments, copy enclosed herewith. I believe the property <br /> assessed on this schedule is as shown on schedules attached to <br /> the letter. <br />