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Authority adopts 2025–26 budget, authorizes Alva Arena Authority bond sale and appoints representative to OEDA
Summary
The Alva Arena Authority and Woods County recreation committee adopted the 2025–26 annual budget and approved a resolution authorizing the Alva Arena Authority to sell bonds tied to certain tax‑increment revenues at their recent meeting.
The Alva Arena Authority and Woods County recreation committee adopted the 2025–26 annual budget and approved a resolution authorizing the Alva Arena Authority to sell bonds tied to certain tax‑increment revenues, the group said during its meeting. The body also waived a competitive requirement for a monthly fee, appointed Kelly to represent Woods County on the Oklahoma Economic Development Association board of directors and recessed into an executive session.
The budget adoption was described in the meeting summary as the body’s approval of the 2025–26 annual budget. A single agenda…
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