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PIMA COUNTY v. CYPRUS-PIMA MINING CO.

No. 13182.

119 Ariz. 111 (1978)

579 P.2d 1081

PIMA COUNTY, a body politic, and Arizona Department of Revenue, Appellants, v. CYPRUS-PIMA MINING COMPANY, a corporation, Appellee.

Supreme Court of Arizona, In Banc.

Rehearing Denied May 9, 1978.

Attorney(s) appearing for the Case

Bruce E. Babbitt, former Atty. Gen. by James Powers, Sp. Asst. Atty. Gen., Phoenix, for appellants.

Bilby, Shoenhair, Warnock & Dolph by David W. Richter, Michael A. Lacagnina, Tucson, for appellee.

STRUCKMEYER, Vice Chief Justice.

By this appeal, the Arizona Department of Revenue and Pima County seek to set aside the valuation for tax purposes fixed on the open pit copper mine of Cyprus-Pima Mining Company by the Superior Court for the year 1975. The judgment of the Superior Court is reversed with directions to enter judgment in favor of appellants, reinstating the valuation of appellee's mine at $67,300,000, the amount fixed by the State Board of Tax Appeals...

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