Devon tenders $95M to Oklahoma City

 
BY STEVE LACKMEYER
Published: September 24, 2009

Devon Energy Corp. is extending a $95 million line of credit to Oklahoma City to expedite completion of an ambitious downtown makeover project being launched in conjunction with construction of a new corporate headquarters.

Devon is set to host a groundbreaking celebration on Oct. 6 for its $750 million 50-story tower to be built across from the Myriad Gardens.

A new $115 million tax increment financing (TIF)...


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