County Commissioners: Possible Action 3/6/2025 Bankruptcy Agreement with Nevada Copper

LYON COUNTY BOARD OF COUNTY COMMISSIONERS
THURSDAY, MARCH 06, 2025 @9:00 AM
LYON COUNTY ADMINISTRATIVE COMPLEX
27 S. MAIN STREET
YERINGTON, NV 89447

Item 14. District Attorney
14.a. For Possible Action: Approve a bankruptcy settlement agreement with Nevada Copper to settle the personal property taxes owed by Nevada Copper for $1,170,339.77. The proposed settlement requires Nevada Copper to pay promptly and the settlement eliminates the penalties and reduces the amount of personal property taxes due from Nevada Copper by 5%.

PROPOSED SETTLEMENT AGREEMENT AND GENERAL MUTUAL RELEASE: