Adams County Assessor Gil Reyes was charged Friday with criminal misconduct for cutting $800,000 in property taxes from warehouses owned by his top campaign contributor.
Reyes faces nine misdemeanor charges of official misconduct, one for each warehouse that benefited from his intervention, according to the Denver Post
Each charge carries a maximum penalty of one year in jail and a $1,000 fine. Cumulatively, the maximum penalty on all charges would be nine years and $9,000.
The investigation of Reyes, conducted jointly by the Adams County district attorney's office, the FBI and the U.S. Attorney's Office, happened after the Post reported in December 2010 that Reyes had personally slashed the taxable values of warehouses owned by California-based Majestic Realty Co. by $23 million, saving the company more than $800,000 that year alone.
Majestic, its officers and affiliates contributed $14,000 to Reyes' 2002 and 2006 campaigns.
The criminal charges against him stem from allegations that in June 2005 and February 2007, Reyes told his administrative assistant to lower the appraised values of nine Majestic Realty industrial warehouses in Adams County, the newspaper reported. Those values were established by commercial appraisers in Reyes' office.
The Post also reported that email exchanges between Reyes and Randall Hertel, a Majestic Realty vice president in Colorado, showed the assessor had accepted gifts of Colorado Rockies and Colorado Avalanche tickets from Hertel and met him on several occasions for lunch.
Reyes pleaded guilty last year to a misdemeanor for failing to report those gifts.
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