- Associated Press - Tuesday, March 29, 2016

TOPEKA, Kan. (AP) - The owner of a Topeka racetrack is appealing the county’s $8.9 million appraisal.

The Topeka Capital-Journal (https://bit.ly/1Sui2Fl ) reports that Heartland Park Topeka owner Chris Payne filed the appeal Friday. In its first major assessment in decades, the nearly 480-acre facility was evaluated in September for the 2016 tax year.

Payne’s attorney, Wesley Carrillo, says the appraisal doesn’t accurately reflect “the true value of the park.” He says the land is high maintenance and would attract a limited interest from future buyers.

Carrillo says parts of the park are in disrepair, and that Payne would like to invest a significant amount during the coming years to improve the park.

Payne’s company, Shelby LLC, would be expected to pay about $341,870 in taxes, based on last year’s levy.


Information from: The Topeka (Kan.) Capital-Journal, https://www.cjonline.com

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