OKANA Resort & Indoor Waterpark

[Richard at Remax]

without this development that money doesn't exist

Correct. But it won't be seen for 25 years.

[onthestrip]

Correct. But it won't be seen for 25 years.

And in the 26th year, they will protest the assessors valuation and get it lowered substantially because they wont want to pay the big ad valorem tax. Same thing for wind farm ad valorem subsidies from the state, they'll be all for high valuations when they get a cut of it returned to them, but will protest it as soon as they are responsible for 100% of the ad valorem taxes.

[BoulderSooner]

Correct. But it won't be seen for 25 years.

and?

people that come to this resort are going to doing other things in OKC while they are here ..