University Town Center

[Jersey Boss]

Yes. Everything within the large TIF area will have all new property taxes and sales taxes go towards the arena costs for 25 years. The current UNP is getting close to filling in and development will naturally come north to this TIF area, with or without an arena. If this passes all the property taxes and sales taxes from this natural development will be paying for the arena rather than going to the local school district, city of Norman, public safety. etc.

And even though there is some cop, fire fighter, and other city services the increased density will require the hiring of more cops and firefighters. But this area won't be paying for this for 25 years. Also being mentioned is more residences. This means more schools, but no property tax collections means a raise in taxes for those not exempt.

[BG918]

the Campus Corner TIF already has it's money allocated for projects for quite some time, so now you just want to divert the funds from that and not go through with those promised projects? lets also not forget that the regional transit authority is still in it's early stages, there is no guarantee when, or even still if it will ever come to fruition. so you are basing all of your opinions on the hopes of what might come. And once again lastly... the University doesn't seem to have any interest in putting it there unless outside money comes in for a donation specific to that. Once again, your suggestion is all based upon a pipe-dream that isn't real in the current world. the only two options on the table, unless a group of investors want to come together with hundreds of millions of dollars to donate for your project, are UNP or stay in the LNC. so unless you are sitting on a massive amount of money, your dream just isn't going to happen, accept it.

If the UNP deal falls apart OU will look at an on-campus alternate to renovating LNC. The Duck Pond site has been discussed as a potential arena location going back to the early 2000's.

[bison34]

If the UNP deal falls apart OU will look at an on-campus alternate to renovating LNC. The Duck Pond site has been discussed as a potential arena location going back to the early 2000's.

No, they just won't spend any money on the basketball facility. It still sells tickets, but gives the team no advantages. The AD has really never cared about basketball, and the fans don't, because they dont donate to renovate or build a new arena.

[BoulderSooner]

If the UNP deal falls apart OU will look at an on-campus alternate to renovating LNC. The Duck Pond site has been discussed as a potential arena location going back to the early 2000's.

much more likely they get moore to build this or Mcclain county

[Jersey Boss]

much more likely they get moore to build this or Mcclain county

ROFLMAO, McClain County! REALLY!
The arguement of not using the LNC site is it is 10 minutes from UNP and just too far from the OKC fans. Purcell is closer than LNC? Nor does either have OU owned land. Harroz already walked back that foolishness.

[The]

much more likely they get moore to build this or Mcclain county

Wrong.

[BoulderSooner]

Wrong.

Moore is very much a possibility ... if Norman falls through ( that said i think there is a good chance this passes at council in july) ..

[TornadoKegan]

Dirt Work starting where the main event is supposed to go

[TornadoKegan]

much more likely they get moore to build this or Mcclain county

Given how many normanites plan to vote no I wouldn't be surprised. If it gets built in McClain county I would assume it would happen in Noble or Goldsby

[BoulderSooner]

Given how many normanites plan to vote no I wouldn't be surprised. If it gets built in McClain county I would assume it would happen in Noble or Goldsby

or near a certain casino

[The]

or near a certain casino

They want more people to attend from OKC and parts north, so they put it at Riverwind? lol

[BoulderSooner]

They want more people to attend from OKC and parts north, so they put it at Riverwind? lol

no they WANT it in north norman ..

but they NEED it to be paid for mostly by someone else ..

[jn1780]

We don't even know if the Chickasaws would even see that as a good investment. South Moore seems a little more likely(still low) just because there is a future new turnpike that may open up more of the southern parts of the metro.

[FighttheGoodFight]

Does OU own the land in Moore they could build this on? The plan in UNP hinges on OU owning that land, correct? So building in Moore would cost even more than this plan. I don't see Moore residents clamoring for that either.

[BoulderSooner]

Does OU own the land in Moore they could build this on? The plan in UNP hinges on OU owning that land, correct? So building in Moore would cost even more than this plan. I don't see Moore residents clamoring for that either.

the OU foundation does own the land ... moore is very very aggressive with tax incentives ... which is why they have gotten so much retail at the expense of norman

[FighttheGoodFight]

the OU foundation does own the land ... moore is very very aggressive with tax incentives ... which is why they have gotten so much retail at the expense of norman

I guess we will see if Moore wants to spend the money. I have doubts. I still think it is in UNP or they go on with Lloyd Noble until it is condemned.

[BoulderSooner]

I guess we will see if Moore wants to spend the money. I have doubts. I still think it is in UNP or they go on with Lloyd Noble until it is condemned.

I still think UNP will be approved in July ... after the new council is seated

[onthestrip]

the OU foundation does own the land ... moore is very very aggressive with tax incentives ... which is why they have gotten so much retail at the expense of norman

Theres a difference between a couple million in TIF incentives for a costco or something and $300 million or more for an arena that is unkown how much it will actually help Moore. You know a costco will do $100 million annually in sales, you really have no idea what an arena will attract in terms of sales taxes and ad valorem. College arenas arent hotbed for pre and post game dining and shopping like NBA arenas. I serously doubt Moore would step in if Norman says no.

[Jersey Boss]

I believe the mayor will ram this through a city council predisposed to this plan.
However I also believe there will be a vigorous effort to put a binding vote of the people on the ballot. This effort will take a 6k signature petition drive.
It should be noted that the mayor with the strong backing of OG&E attempted to get a bad for the City 25 year franchise agreement. Though the mayor and corporate interests favored it, they lost. Should a binding election on the TIFs gets on the ballot it is anyones guess on the outcome.

[TornadoKegan]

the OU foundation does own the land ... moore is very very aggressive with tax incentives ... which is why they have gotten so much retail at the expense of norman

Where is this land at

[bison34]

Where is this land at

UNP. OU Foundation owns the land they want to build the arena on.

[bison34]

I believe the mayor will ram this through a city council predisposed to this plan.
However I also believe there will be a vigorous effort to put a binding vote of the people on the ballot. This effort will take a 6k signature petition drive.
It should be noted that the mayor with the strong backing of OG&E attempted to get a bad for the City 25 year franchise agreement. Though the mayor and corporate interests favored it, they lost. Should a binding election on the TIFs gets on the ballot it is anyones guess on the outcome.

And you will be stuck with an empty 100 acres, owned by the OU Foundation, getting no sales tax and minimal property tax, since it is empty land. Really benefits Norman.

Cutting off their own nose to spite their face.

[Jersey Boss]

And you will be stuck with an empty 100 acres, owned by the OU Foundation, getting no sales tax and minimal property tax, since it is empty land. Really benefits Norman.

Cutting off their own nose to spite their face.

I appreciate your concern for Norman's economic health but we will be fine if the TIF is voided at the ballot box.

[bison34]

http://www.ou.edu/insideou/articles/...orman%20campus

Here is why OU won't be getting a new arena anytime soon if this doesn't happen. It goes all the way back to Boren spending like crazy. Galloway got crapped on for being a penny-pincher. Now we know why.

[bombermwc]

Moore says no thank you, FYI. And that would be terrible. If we don't like it being off campus, having the kids have to go to the next town over is even worse. What a recruiting nightmare. Can you imagine someone trying to recruit and saying, hold on, lets get in the car and drive 10 miles from where LNC is, to go look at the arena? No way man. And as someone in Moore, there is zero interest for us to pay to build an arena with no purpose. Again, no thank you. If Norman wants to build this thing, they're welcome to do it themselves.