Special assessment districts, meanwhile, were used for a long overdue renovation of downtown's underground pedestrian tunnels, as well as funding for the downtown business improvement district.
But Oklahoma City, while seen as being innovative in such efforts, also has been comparatively conservative in its interpretation of how such assessment districts and public financing can be employed.
Consider that while Tulsa used its downtown business improvement district to pay for much of the $39 million construction cost of ONEOK Field ballpark, Oklahoma City officials are reluctant to use business improvement districts to pay for any major capital projects. Good luck getting the municipal counselor's office in Oklahoma City to sign off on using a district to even pay for a hot dog stand, not to mention a ballpark.
Don't be surprised, however, if a new special assessment district isn't at least considered for helping pay for operations of the future downtown streetcar system. As with most of the MAPS 3 projects, no funding plan was established for the streetcar system once it is built. But even then, such a vote will involve a petition of all of downtown's property owners — and not a mail-in ballot for residents as done in Kansas City.
This sector is set for huge growth These firms are set for the future.