ROCKWELL INTERN. CORP. v. CLAY

No. 66412.

780 P.2d 700 (1989)

ROCKWELL INTERNATIONAL CORPORATION, a Delaware corporation; Tulsair Beechcraft, Inc., an Oklahoma corporation; Butler Aviation, an Oklahoma corporation and Reading & Bates, a Delaware corporation, Plaintiffs-Appellees, v. Cheryl CLAY, in her capacity as County Assessor of Tulsa County, Oklahoma; William Pigman and Susan Harris, in their capacity as members of the Tulsa County Board of Equalization, Defendants-Appellants, and Dependent School District No. 16 and Independent School District No. 1, Intervenors-Appellants.

Supreme Court of Oklahoma.

Rehearing Denied September 27, 1989.


Attorney(s) appearing for the Case

David L. Moss, Dist. Atty., Tulsa County, Susan K. Morgan, Doris Fransein, Asst. Dist. Atty., Tulsa, for defendants-appellants.

J. Anthony Miller, Studenny and Associates, Tulsa, for plaintiffs-appellees.

Graydon Dean Luthey, Jr., Stephen W. Ray, Messrs. Jones, Givens, Gotcher, Doyle and Bogan, Tulsa, for plaintiff-appellee Terminal Drive Corp.

J. Douglas Mann, Jerry A. Richardson, Messrs. Rosenstein, Fist and Ringold, Tulsa, for intervenors-appellants School Districts.


OPALA, Vice Chief Justice.

The Tulsa County Assessor and Equalization Board appeal from the trial court's ruling that a private leasehold interest in tax-exempt property may not be assessed for ad valorem levy. Two issues are presented for review: (1) May a private leasehold estate in tax-exempt city-owned property be taxed ad valorem to the lessee? and (2) May appellee's [Terminal Drive's] leasehold interest be exempt from...

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