The Ouray County Board of County Commissioners (BOCC) made significant strides in property valuation during their work session on July 30, 2025. The meeting focused on three vacant properties owned by Michael Plank, who is associated with Wapiti Realty Investment LLC and MJP Cornell Dunn LLC.

Commissioners unanimously agreed to uphold the assessor's recommendation to value each of the properties at $425,000. The properties in question—R 005818, R 005977, and R 005846—are part of the Cornerstone development. Commissioner Nauer initiated the motions, emphasizing that the valuations were supported by market evidence.

The first motion was for account number R 005818, known as Cornerstone Phase 1 Block 2 Homestead 2, followed by similar motions for the other two properties. Each motion received a resounding "yes" from all commissioners present, indicating strong consensus on the valuations.

As the meeting progressed, the commissioners noted the absence of public attendance, with only staff members present. The next item on the agenda was account R005847, located at 36 Surveyor Court, which will be addressed in future discussions.

This decisive action by the BOCC reflects a commitment to maintaining fair property values in the county, ensuring that assessments align with market conditions. The next steps will involve further presentations from the assessor's office regarding additional properties.