No.

Morgan Smith Executive Director Department of Local Affairs 1313 Sherman Street, Room 518 Denver, CO 80203

Dear Mr. Smith:

This opinion letter is in response to your letter of July 6, 1984, in which you inquired about mining operations or oil and gas production from lands owned by the State of Colorado and managed by the State Board of Land Commissioners. Your inquiry is whether the property described above is taxable under section39-3-112(1) and (3), C.R.S. (1982), or is exempt under section39-3-112(5), C.R.S. (1982).

QUESTION PRESENTED AND CONCLUSION

Are mining operations and oil and gas…