Pike County has reached a tentative settlement with Holcim Inc. over disputed tax payments.

 


Pike County has reached a tentative settlement with Holcim Inc. over disputed tax payments.
Lawyers for both sides are still going over the proposal and details have not been released, but a final agreement could be announced soon.
“We’re working together on this,” said Pike County Clerk Bob Kirkpatrick. “We’ve come a long ways together in the last few months. We’re hoping in the next few days we’ll move forward and get it signed.”
Holcim spokeswoman Nancy Tully was not available for comment. Kirkpatrick declined to discuss specifics because of the sensitive nature of the negotiations.
“We’ve arrived at an agreement,” he said. “We’re waiting for the attorneys to finish and get a final draft. I’m pleased we have been working well together.”
At issue are hundreds of thousands of dollars in property tax revenue that Pike County claims Holcim owes.
The Swiss-based company announced in November 2008 that it was closing its Clarksville cement plant and eliminating 181 jobs.
The county claimed the firm was still liable for 2009 taxes because it was doing business at the 3,600-acre site on Highway 79 on Jan. 1.
Under state law, any firm that’s open on the first day of the year is subject to local tax assessment.
A settlement would mark a significant change in attitude from late September, when Holcim filed an appeal with the Missouri State Tax Commission.
A hearing never was scheduled because the two sides got together to work out a deal.
County taxing bodies stand to lose more than $750,000 in revenue if an agreement isn’t reached.
The Clopton R-3 school district would take the biggest hit at more than $660,000.