Cleveland County Equalization Board Special Meeting – June 5, 2026

The Cleveland County Equalization Board held a special meeting on June 5, 2026, at 10:00 AM in Norman, Oklahoma, to consider three property valuation protests. The board approved the minutes of the previous meeting, deferred two appeals due to pending litigation, and adjusted the valuation of a third property based on market evidence.

Consent Calendar

• Approval of Minutes (May 29, 2026): Moved, seconded, and unanimously approved.

Public Comments & Testimony

• Tim Shannon (agent for Hotel Norman, LP and Midwest Heritage Inn of Norman): Presented income and expense data for the Courtyard by Marriott (770 Copperfield Drive) and the Fairfield Inn (301 Norman Center Court). For the Courtyard, he noted a significant drop in net operating income from $950,000 (2023) to $192,000 (2025), with occupancy declining from 60% to 45%. He argued market value between $3.93 million and $4.57 million. For the Midwest Heritage Inn, he cited a recent sale (May 27, 2026) for $2.99 million real property, but acknowledged the sale occurred after the effective date.
• Cammy (Kamralee Kilgore, owner of 727 Vicksburg Ave): Protested the county’s valuation of $1,888,888, arguing it exceeded market-derived values. She noted the county’s own comparable sales averaged $140,801 per unit, and that the property (six duplexes built 1978) had significant deferred maintenance. She declined to provide actual income/expense data, relying on market comps. She challenged the assessor’s use of asking rent ($1,450/month) instead of achieved rent, and questioned the 20% expense ratio (arguing Class B expenses are 32–38% in Norman).

Discussion Items

• Item 2 – Hotel Norman, LP (770 Copperfield Drive): The assessor’s office (Tracy) presented a current market value of $6,599,200 ($58,400/room). The property is under pending litigation for tax year 2022, and the value has not been changed for 2025 or 2026. The board discussed the long-standing litigation (four years) and agreed to defer to the court outcome. Motion by Josh Edge, seconded by John Wullich, to not change the valuation pending litigation. Unanimous approval.
• Item 3 – Midwest Heritage Inn of Norman (301 Norman Center Court): Also under pending litigation for tax years 2021 and 2022. The assessor confirmed no value change. The board again voted to defer to pending litigation. Motion by Josh Edge, seconded by John Wullich, unanimous.
• Item 4 – Ty & Kamralee Kilgor/Everything Rentals TX LLC (727 Vicksburg Ave): The assessor’s office presented a current value of $1,888,888, supported by a sales comparison approach (four comps, per-unit prices from $100,000 to $194,000) and an income approach using $1,450/month rent and 95% occupancy. The owner argued for a lower value based on market averages and deferred maintenance. After discussion, Commissioner Josh Edge moved to remove the high and low comps, yielding an average unit price of $134,583, resulting in a total value of $1,614,000. Seconded by John Wullich. The motion passed unanimously.

Key Outcomes

• Minutes Approved: Unanimous.
• Hotel Norman, LP (Item 2): Deferred to pending litigation; no valuation change. Vote: 3–0.
• Midwest Heritage Inn (Item 3): Deferred to pending litigation; no valuation change. Vote: 3–0.
• 727 Vicksburg Ave (Item 4): Valuation reduced to $1,614,000. Vote: 3–0.
• Adjournment: Motion carried unanimously.