Council approves arena project plan
August 24, 2018
Around 25 people attended Monday's Alva City Council meeting. Several asked questions during the public hearing on the Alva Arena Economic Development Project Plan. Answering questions were Todd Holder, treasurer of the Alva Arena Authority; Sonja Williams, Alva Economic Development Committee director; and Alva Mayor Kelly Parker.
The hearing centered on the tax increment financing (TIF) district proposed in the area of the arena, which includes property both inside and outside the Alva city limits. The idea of a TIF district is that an economic development in the district generates new tax in...
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