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Council OKs TIF allocations for National Memorial expansion and downtown rehab; film rebate prequalified
Summary
Council approved a $5M TIF allocation for the National Memorial & Museum expansion, a $750K downtown TIF allocation to rehab the Peerless building and attract an aerospace firm, and prequalified a local film for a 5% rebate of roughly $228,000.
The council approved three economic development items Tuesday: a $5,000,000 downtown TIF allocation for the Oklahoma City National Memorial & Museum expansion, up to $750,000 in downtown TIF funds for rehabilitation of the Peerless Oklahoma Company building, and a film‑incentive prequalification for a locally shot feature.
Carrie Watkins, president and CEO of the Oklahoma City National Memorial &…
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