First of all, this line "TIF - which typically funds public infrastructure improvements adjacent to new development " is often repeated by the Oklahoman and is utterly false. TIF money is granted to a developer directly, and they can use it for any part of their development. A very small amount of TIF has been used for parking garages.
Secondly, yes there was an existing TIF but what Devon did is demand a new district be created specifically for their project and then they dictated exactly how that money would be spent (primarily on MGB and Project 180 which ended up being the streets and sidewalks all around their campus). Larry Nichols sits on the Devon TIF committee and also chairs the Alliance and OCURA, so he and his allies basically made all the decisions where that money would go, which was generally in a concentric pattern from Devon (which is why there was no money left for Broadway, EK Gaylord, and about half what was originally promised).
Third, there is a ton of flexibility in the general downtown TIF and a good chunk went to John Rex and the new OKCPS HQ, among other school-related projects. Zero funds from the Devon TIF went towards education.
And fourth, TIF districts run 25 years in OKC, the max allowed by the state constitution. The downtown TIF had been in place for 8 years before Devon came along, which means the Devon TIF will run 8 years longer than would have otherwise been the case.
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