![Quote](images/misc/quote_icon.png)
Originally Posted by
Pete
OKANA is set to receive a TIF grant in the amount of $102,200,00.
The estimated total cost of the first phase of this development is $342,100,000.
These would be new records both for a TIF amount and a percentage of cost (30%).
The revenue would come from 25 years of property tax, estimated to be $67,475,000 and 90% of sales tax generated for 25 years, estimated at $34,725,000.
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