Quote Originally Posted by Pete View Post
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.
that is a huge number ...for TIF but also a huge phase development number for this development ..