FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * PAULK GREG J   2. Issuer Name and Ticker or Trading Symbol MEADOW VALLEY CORP [MVCO] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 412 EAST GOWAN ROAD 3. Date of Earliest Transaction (Month/Day/Year) 02/14/2005 (Street) NORTH LAS VEGAS, NV 89032 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock, $0.001 par value 02/14/2005   S   17,700 D $ 5.7885 364,900 D   Common Stock, $0.001 par value 02/18/2005   S   14,500 D $ 5.6603 350,400 D   Common Stock, $0.001 par value 02/22/2005   S   50,400 D $ 5.6838 300,000 D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
PAULK GREG J 412 EAST GOWAN ROAD NORTH LAS VEGAS, NV 89032		X

Signatures

/s/ Greg J. Paulk		03/03/2005
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Remarks: (1) Greg J. Paulk is the trustee of the Greg Jesse Paulk Trust, Dated 1/23/1998, the managing member of P2SA, and has sole voting and dispositive control of the shares held by P2SA.  The members and percentage ownership of the members of P2SA are as follows: Greg Jesse Paulk Trust, Dated 1/23/1998 57.0% Ryan Joey Paulk Trust, Dated 10/22/1997 30.0% Brady Stevens Trust, Dated 10/22/1997 10.0% New-Com, Inc. 1.0% Joseph Hatton 1.0% Michael and Janell Cassell Family Trust 1.0% Mr. Paulk disclaims ownership of shares held by P2SA except to the extent of the beneficial ownership of the Greg Jesse Paulk Trust, Dated 1/23/98.

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