PO Box 1146
Salida, CO USA  81201
(719) 539-0300
Fax: (719) 539-0301


BBI International... Your Biofuels Resource


Event Calendar

World Biofuels Symposium
November 13-15, 2005
Beijing, China

2nd Annual Canadian Renewable Fuels Summit
December 13-15, 2005
Toronto, Ontario, Canada
Hosted by:
Candadian Renewable Fuels Association

National Biodiesel Conference & Expo 2006
February 5-8, 200
San Diego, California
National Biodiesel Board

11th Annual National Ethanol Conference: "Policy & Marketing"
February 20-22, 200
Las Vegas, Nevada, USA
Sponsored by:
Renewable Fuels Association

22nd Annual International Fuel Ethanol Workshop & Expo
June 20-23, 200
Milwaukee, Wisconsin, USA

Join our
Email Subscription List

Select your topics of interest for regular and timely updates - control your subscriptions and unsubscribe anytime

Complete Listing of Upcoming Events

Event History

Free Booklet Download:
Fuel Ethanol: A Technological Evolution



Posted on  

August 15, 2002

Assessing ethanol plant a challenge

By WAYNE HAMMOND, staff writer

Assessing the newly-constructed Glacial Lakes Energy ethanol plant is presenting a unique challenge to Codington County.

At Tuesday's meeting of the Codington County Commission, director of equalization Russ Ronke was given permission to seek bids to have an outside contractor come in and assess the property.

"This is a lot different than a three-bedroom rambler," Ronke said. "I've spoken with assessors in other counties with these plants and there is a company out of Fargo (N.D.) that has done this for about 40 plants."

Ronke said his foremost concern is treating both the plant and the county as fair as possible.

"Our personnel goes through continuing education every year, but when it gets to be dealing with something that big, ($54-million) we want to make sure we're being as fair as possible," he said.

For the 2003 valuation, the assessment must be complete by March 1 of next year. Ronke said he hoped to have bids to present to the commissioners by his next report, done on the second Tuesday of the month at that week's regular commission meeting.

Commissioner Elmer Brinkman said assessing the plant is particularly tricky because of the nature of its assets.

"For example, are we taxing just the shells or the whole plant?" he said.

The difference lies in the physical structure of the facility, a permanent and taxable characteristic, versus the assets that lie within it, property that is mobile and not assessed.

The Watertown plant officially opened last week with the first corn being brought in and open house ceremonies. At full capacity, it is expected to process about 40-million gallons of ethanol annually. Similarly, a plant finished earlier this year west of Big Stone City has resulted in the Grant County Equalization Office bringing in a St. Cloud (Minn.) appraisal company to do the assessment.

Grant's director of equalization, Darwin Conrad, reiterated what Ronke said.

"The building structure is a unique appraisal, it's very specialized," he said. "You don't find it in other places in Grant County."

Conrad said it was going to cost about $7,000 to have the appraisal done and has been scheduled for this fall. An appraisal was done last fall during the early phases of construction but 'practically nothing' had been completed, Conrad said. He added that bids were taken from two other appraisers, one out of Fargo and one from Bismarck.


Other News

Click here to see previously posted News items in our Archive

BBI Store

BBI International
Project Development

Multi Client Study:

More information and contents

BBI Online Store


Biodiesel Industry Directory Online:
View it FREE!


Home | Company Info | International Fuel Ethanol Workshop & Trade Show | Biofuels Recruiting | BBI Media

Biofuels Project Development - Biofuels Conference & Event Planning - BBI Media - Biofuels Recruiting

All logos and trademarks in this site are property of their respective owner.
Remainder of content Copyright © 2005 BBI International.