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McAlester council approves developer agreement for TIF district; ordinance vote postponed
Summary
The McAlester City Council approved a developer agreement with Wallace Family Properties LLC for the Mid McAlester Fifth District but postponed a related ordinance vote to a special meeting because the council lacked a required supermajority and staff said the ordinance needs a scrivener's-error amendment.
The McAlester City Council on June 24 approved a developer agreement with Wallace Family Properties LLC for the Mid McAlester Fifth Tax Increment Financing (TIF) District while postponing a separate ordinance vote tied to the district until a special meeting.
Councilors approved the developer agreement by roll call after staff and the city attorney described a minor correction to the contract and said the ordinance vote must wait because the council did not have the six-member supermajority required to adopt an emergency amendment. Councilors Beatty, Gilmore, Woodley, Stone and the mayor voted yes on the agreement.
City staff said the ordinance language as currently posted contains…
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