TIF district not complete answer to arena funding
July 22, 2018
Most of the audience seats were filled for the Alva City Council’s public hearing on a tax increment district to help support the proposed arena. Several were there as part of the arena authority.
Jeff Sabin, an attorney with the Oklahoma Center of Economic Development Law, presented information about the district. He fielded a few questions from city council members, but none of the citizens present made comments.
Increment District vs. Project Area
Sabin briefly explained the different between an increment district and a project area. The increment district is the geographic area from which...
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