I’m sitting here covering the Business Improvement District meeting, and I’m bewildered by what I’m hearing. For nine years areas like Automobile Alley were able to pool their project assessments year to year and go for one big project, like the gateway at NW 6 and Oklahoma Avenue. But now the city attorney’s office has concluded that this is no longer legally possible. No, the law didn’t change. Interpretation of the law, however, did. And now projects must be funded by whatever funding is available in one single year.
So if, let’s say, Bricktown wanted to build a small welcome center building (this is not being proposed, just a hypothetical) in front of the AT&T Bricktown Ballpark, they could not do so because it would be considered a major capital improvement.
Tulsa, meanwhile, has it’s own interpretation of the same law, and they’re actually building an ENTIRE BALLPARK funded by multiple years of business improvement district assessments.