GENERAL MOTORS v. OKL. CTY. BD. OF EQUAL.

No. 58438.

678 P.2d 233 (1983)

GENERAL MOTORS CORPORATION, Appellant, v. OKLAHOMA COUNTY BOARD OF EQUALIZATION, George Keyes, County Assessor of Oklahoma County, and Joe B. Barnes, County Treasurer of Oklahoma County, Appellees, and Jan Eric Cartwright, Attorney General of Oklahoma, Defendant-Intervenor/Appellee.

Supreme Court of Oklahoma.

As Corrected June 2, 1983.

As Amended on Grant of Rehearing July 26, 1983.

Opinion Supplemented and Rehearing on Amended Opinion Denied October 4, 1983.


Attorney(s) appearing for the Case

James D. Fellers, John Joseph Snider, Margaret McMorrow-Love, Fellers, Snider, Blankenship, Bailey & Tippens, Robert Macy, Dist. Atty., Kevin Leitch, Asst. Dist. Atty., Oklahoma City, Otis M. Smith, John P. Raleigh, General Motors Corp., Detroit, Mich., for appellant.

Jan Eric Cartwright, Atty. Gen., James B. Franks and Michael Scott Fern, Asst. Attys. Gen., Oklahoma City, for appellees.


IRWIN, Justice:

The Oklahoma Industries Authority (OIA), a public trust, created pursuant to 60 O.S. 1961, § 176 et seq., as amended, sponsored the "public trust" financing for the construction of General Motors Corporation's (GMC) assembly plant in Oklahoma City. The issue presented is whether GMC's interest (improvements, machinery and equipment) in the plant is subject to ad valorem taxation. GMC contends its interest...

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