Friday, May 29, 2009

Kay County Courthouse

Newkirk, OK 74647

The Kay County Equalization Board met in special session on Friday, May 29, 2009,

10:00 o’clock a.m. in the Commissioners Court of the Kay County Courthouse in Newkirk, Oklahoma. Notice of the meeting was posted on May 27, 2009, at the Courthouse front door, Commissioners Court, and basement handicapped entrance of the Kay County Courthouse in Newkirk, Oklahoma.

Chairman Cary called the meeting to order. Those present were as follows: Floyd Harden, Vice-Chairman; J. C. Estes, Member; Carol Purdy, Kay County Assessor; Ron Colberg, Kay County Assessor Deputy; Scott Cloud, Newkirk Herald Journal; Sharon Rowen, Ponca City News; Tammy Reese, Secretary/Kay County Clerk.

Motion was made by Harden and seconded by Estes approving special meeting minutes of May 22, 2009. Motion carried: Cary, aye; Estes, aye; Harden, aye.

Decisions were discussed on the “Notice of Formal Appeal Decisions” as follows:

Ms. Lou Ann Myrick: Chairman Cary said he gathered information from local realtors and the District Attorney’s office regarding valuations of track land and from his findings he felt the Assessor’s office was in line with their valuations.

Member Estes noted that the Assessor’s office had made a change and lowered the market value by $1,100.00. Estes mentioned adjusting value on improvements and lowering the value on their shed from $1.5 per square foot to $1 per square foot. He said the change would drop the assessed value by $23.00.

Member Harden said he was not in favor of lowering the value on their improvements.

Chairman Cary said the concern was with land values.

Motion was made by Harden and seconded by Estes to leave as the Assessor’s office has submitted. Motion carried: Cary, aye; Estes, aye; Harden, aye.

Tyson Foods, Inc.: Harden stated per Oklahoma Statutes values are put on January 1^st and as January 1^st the plant was in full operation. He noted the value had already been reduced by the Assessor’s office by $2,254,117.00 and he felt we were in line with the figures given to us by the Assessor’s office.

Estes referred to the data information given to them by Tyson’s and said comparison’s they made were with older buildings then the one being discussed. Estes said he could not see major obsolescence’s.

Cary brought up the fact that Tyson’s mentioned the declining economy, but as of the first of the year they were in operation; Cary said maybe next year the declining economy might be more justifiable.

Motion was made by Harden and seconded by Estes to stay with the Assessor’s valuations; they made a $2,254,117.00 reduction this year and plant is still in operation. Motion carried: Cary, aye; Estes, aye; Harden, aye.

Motion was made by Harden and seconded by Estes to adjourn at 10:15 a.m. Motion carried: Cary, aye; Estes, aye; Harden, aye.

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Approved this_____day of___________________, .

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JOE R. CARY, CHAIRMAN

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FLOYD HARDEN, VICE-CHAIRMAN

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J. C. ESTES, MEMBER

ATTEST:

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TAMMY REESE, COUNTY CLERK

COUNTY OF KAY, STATE OF OKLAHOMA

SECRETARY, COUNTY EQUALIZATION BOARD

(SEAL)

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