Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Economic Development topic
No spam. Unsubscribe anytime.
Inola trustees adopt ordinance to back Sofidel expansion, create tax-increment district
Summary
The Inola Town Board on Jan. 12 approved Ordinance No. 2026-01 adopting the Sofidel Expansion Project Plan, establishing a temporary increment district "Increment District D," and authorized a sales tax increment agreement with Rogers County; the board adopted an emergency clause making the ordinance effective immediately.
The Inola Town Board of Trustees voted unanimously Jan. 12 to adopt Ordinance No. 2026-01, approving the Sofidel Expansion Project Plan and creating a temporary tax-increment financing district identified as "Increment District D." Mayor Darlene Shear moved for adoption; Trustees Larry Grigg and Dean Tyler seconded and voted yes.
The ordinance designates the Inola Industrial Authority as the principal entity to administer the project plan, establishes a tax apportionment fund and authorizes the use of increment revenues to finance certain project costs. The ordinance also ratifies the findings and recommendations of the town's review committee and planning and zoning commission, and includes standard severability and repealer provisions.
The board also voted to adopt an emergency clause making the ordinance effective immediately upon passage. In addition, trustees approved a Sales Tax Increment Agreement between the Town of Inola and the Board of County Commissioners of Rogers County to implement the project plan's financing mechanism. All votes recorded in the transcript were unanimous.
No substantive details of public comment on the plan are included in the meeting text provided; the transcript shows a public hearing was opened at 6:07 p.m. and closed at 6:20 p.m. The ordinance references cooperation with Inola Public Schools (Independent School District No. 5, Rogers County) as part of project plan provisions. The town clerk's minutes and recorded votes show the measure passed with three affirmative votes and no recorded dissents or abstentions.
The ordinance (No. 2026-01) and the sales tax increment agreement together set the local legal framework for the Sofidel expansion and the temporary increment district; the transcript does not include project cost totals, timelines for incentives, or a final district map in the quoted text.
