The Luminant-Somervell CAD Settlement Process (10/13/2016) Somervell County Salon-Glen Rose, Rainbow, Nemo, Glass....Texas


 

The Luminant-Somervell CAD Settlement Process (10/13/2016)
 


13 October 2016 at 10:03:47 AM
salon

Spoke with Wes Rollen this morning. As the Glen Rose Reporter noted the other day, there is a settlement agreement for the appraisal value of Luminant, both for 2015 and 2016.  The settlement is not official yet. What has to happen? 

Somervell CAD filed a vacate motion in the 10th court of appeals

The appeals court will sign and send back to 18th District Court in Somervell County

Judge Neill will rule on this after appropriate motions filed.

Luminant had also filed a lawsuit re: 2016. This suit also is included in the settlement and will be vacated, but cannot be until after January 2017. 

Apparently the decided up settlement appraisal amount  is approximately the same as revenue gross from 2014. My comment is: Assuming this is true, if this turns out to be the case when the last judgement is signed, what was the point of all this lawsuit business in the first place? 

 


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Comments

salon > Quick update on this, via Pacer-Click on pic to see larger (Turk Case Update- Telephone Conference Hearing Set for March 8 2019 )

salon > Lance Been awhile. Send me an email at salon@glenrose.net with the names of who you're talking about, above. Also, the newspaper editor is no longer local, ie officed here, but the paper is run.... (What Happened to Jerry Jacene? )

LanceHall > I'd love to see the Hotel Guest books and see if Jacene's name shows up long before he officially *found* the tracks.  I'd like to know if the Visitor's Bureau has emails wit.... (What Happened to Jerry Jacene? )

LanceHall > I see the land or that part of it is now in the hands of Glen Rose's own Corky Underwood. Is Jacene still involved?   I had already informed the Visitor Bureau manager (who's.... (What Happened to Jerry Jacene? )





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