There are a lot of questions out there concerning tax credits. It’s understandable. As shown by www.prowlingowl.com, some credits have clearly been abused.
But there is some confusion out there. I got an email from one person today who I’d assume knows how to read a news story. And yet they are confusing the historic tax credits with other, more mysterious tax credit programs that have seen fraud and abuse.
I’ve not heard or seen one example of abuse involving historic tax credits here in Oklahoma. They are easy to track, they are transparent and the benefits have been shown throughout the state, with projects including the Skirvin, the Sieber, the Mayo Hotel, the Aldridge in Shawnee and many more.
Preservation Oklahoma is reporting that a “rider bill” is being attempted to separate the historic tax credits from the two-year moratorium. They are saying that you readers who often feel helpless watching historic properties decay, see nothing happen, can make a difference – now. Now. Not tomorrow. now. Legislators are about to vote on this rider sometime this evening.
We’ve heard from a developer who wants to do the Bond Bakery at NW 11 and Broadway, we’ve heard from Marty Dillion, owner of the Tower Theater on NW 23; this moratorium will kill their projects.
I’ve been shown a list of other potential recipient projects: have no doubt, we’re at a crossroads. One call to your legislator is all Preservation Oklahoma is asking for.
If you oppose redevelopment of historic properties, then this too is your chance to make your voice heard.
I’ve not heard a single person say this isn’t a big, big moment for the future of preservation in Oklahoma.
UPDATE: HEARING BEST BET IS TO NOW COMMUNICATE VIA EMAIL, NOT BY PHONE