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Chickasha council adopts tax-increment ordinance and companion resolution to create Increment District No. 3
Summary
The Chickasha City Council approved Ordinance 20 26-05 and Resolution 2026-3R establishing Increment District No. 3 and adopting an airport/industrial economic development project plan under Article 10, Section 6(c) of the Oklahoma Constitution and the Local Development Act; the votes passed 8–1, with Councilmember Burrows voting no.
The Chickasha City Council on the evening in question approved Ordinance 20 26-05, authorizing use of apportioned tax increments under Article 10, Section 6(c) of the Oklahoma Constitution and provisions identified in the transcript as the "Local Development Act (62 O.S. 850)." The ordinance adopts an airport/industrial economic development project plan, designates increment-district and project-area boundaries, and authorizes the city to use apportioned tax increments…
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