The Kay County Equalization Board met in Special Session on Wednesday, May 3, 2006 at 1:30 p.m. in the Commissioners Court of the Kay County Courthouse in Newkirk, Oklahoma.

 

Chairman Cary called the meeting to order.  Those present were as follows:  Joe R. Cary, Chairman; Floyd Harden, Vice-Chairman; J. C. Estes, Member; Judy Barnes, Kay County Assessor; Tammy Reese, Secretary/Kay County Clerk. 

 

Motion was made by Harden and seconded by Estes approving Regular Session Minutes April 3, 2006 and Special Session Minutes April 18, 2006.  Motion carried:  Cary, aye; Estes, aye; Harden, aye.

 

The Board reviewed the Notices of Approval or Disapproval by County Board Equalization & County Assessor of Manufacturer’s Ad Valorem Tax Exemptions as follows:

 

Motion was made by Estes and seconded by Harden approving Evans & Associates Construction Co., Inc. (16580.05) (1) exempt manufacturing application.  Motion carried:  Cary, aye; Estes, aye; Harden, aye.

 

Formal Appeal to the Kay County Board of Equalization hearings were heard as follows:

 

a)       Frank Wilson, Newkirk, presented a nice presentation showing pictures of his home and his neighborhood.  Mr. Wilson stated that he would like some relief on his taxes and based his theory on the following:

1.       Notable deterioration of the dwellings in the 600 block on West 10th Street in Newkirk, OK

2.       Citizens in his neighborhood fail to follow the rules and codes of the city.

3.       Homes with equal or higher improvements in Newkirk are paying less for their property.

 

b)      Mr. Don Dietrick, CPA and controller for Encompass Mold, LLC/Encompass Tool & Machine Inc. had two requests.  The first request, he wanted his late penalty removed due to severe health problems, second request, he wanted an adjustment on his property.  Of the assets purchased in the amount of $300,000.00 - $21,000.00 was sold shortly after taking over the operations of the company.  This reduced the purchase price to $279,000.00, which is what Mr. Dietrick would like value adjusted to.

 

After hearing Mr. Wilson and Mr. Dietrick the Board decided they wanted to visit both sites to evaluate the situations more carefully. 

 

Motion was made by Harden and seconded by Estes to recess and to reconvene on Thursday, May 4, 2006 at 3:30 p.m. in the Commissioners Court of the Kay County Courthouse in Newkirk, Oklahoma.  Motion carried:  Cary, aye; Estes, aye; Harden, aye.

 

Thursday, May 4, 2006, 3:30 p.m.

 

Motion was made by Cary and seconded by Harden to reconvene meeting of May 3, 2006.  Motion carried:  Cary, aye; Estes, aye; Harden, aye.

 

Motion was made by Harden and seconded by Estes to move to Item 5 on Wednesday, May 3, 2006 Agenda.  Motion carried:  Cary, aye; Estes, aye; Harden, aye.

 

After much discussion concerning Mr. Wilson’s home and property, the Board felt Mr. Wilson was receiving the lowest neighborhood adjustment that can be applied to his home, and the Board felt the cost per square foot was comparable.

 

Motion was made by Harden and seconded by Estes to sustain Current Market Value on Mr. & Mrs. Frank Wilson’s home.  Motion carried:  Cary, aye; Estes, aye; Harden, aye.

 

The Equalization Board, the Assessor and Deputies visited Encompass Tool & Machine at 2235 South Ranch Drive in Ponca City and did a thorough inspection of inventory and equipment in the warehouse.

 

Motion was made by Estes and seconded by Harden to deny removal of late penalty and to accept the revised and corrected valuation of company’s inventory and equipment.  Motion carried:  Cary, aye; Estes, aye; Harden, aye.

 

Motion was made by Harden and seconded by Estes to move to Item 4 on Wednesday, May 3, 2006 Agenda.  Motion carried:  Cary, aye; Estes, aye; Harden, aye.

 

Motion was made by Harden and seconded by Estes to grant request on exempt manufacturing application from ConocoPhillips-CFG (11360.43) (1).  Motion carried:  Cary, aye; Estes, aye; Harden, aye.

 

 

Motion was made by Harden and seconded by Estes to adjourn.  Motion carried:  Cary, aye; Estes, aye; Harden, aye.

 

 

 

 

 

 

 

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Approved this_____day of___________________, 2006.

 

 

 

                                                                        __________________________________________

                                                                        JOE R. CARY, CHAIRMAN

                                                                       

                                                            __________________________________________

FLOYD HARDEN, VICE-CHAIRMAN

 

                                                                        __________________________________________

                                                                        J. C. ESTES, MEMBER

                                               

ATTEST:

 

________________________________

TAMMY REESE, COUNTY CLERK

COUNTY OF KAY, STATE OF OKLAHOMA

SECRETARY, COUNTY EQUALIZATION BOARD

(SEAL)

 

 

 

 

 

 

 

 

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