In a recent government meeting, discussions centered around a Tax Increment Financing (TIF) district proposed for a property west of a previously planned outlet mall. The TIF, enacted in December 2015, is intended to stimulate development in the area, which has faced challenges in attracting projects. City officials, including Audrey Blank from the City of Tulsa Legal, confirmed that the TIF has a lifespan of 20 to 25 years and was initially linked to a potential outlet mall development that has since fallen through.
Council members expressed concerns about the implications of the TIF on zoning changes in the area, particularly as the region transitions from agricultural to commercial use. Councilor Bingle highlighted the difficulties of developing the land due to geological issues and floodplain concerns, questioning the viability of any proposed housing developments. He emphasized that despite the existence of the TIF, actual development remains uncertain.
The meeting also addressed community concerns regarding increased traffic and noise from potential developments, with residents voicing their apprehensions about the impact on local infrastructure. One resident noted that traffic on nearby roads has surged, raising worries about safety and quality of life in the neighborhood.
As the council navigates these complex issues, they aim to balance development opportunities with community needs, acknowledging that while the TIF exists, the future of the area remains uncertain. The council plans to revisit the TIF's relevance and potential adjustments in light of ongoing discussions about zoning and land use.