Tax district funds to aid Oklahoma City schools and library

The downtown tax increment finance district is set to help the Oklahoma City Public Schools district create a new administrative headquarters and a clinic at Emerson High School, and provide a modernization of the Capitol Hill Library.
by Steve Lackmeyer Published: April 24, 2014
Advertisement
;

The downtown tax increment finance district, which has typically been used to assist private developments, is set to help the Oklahoma City Public Schools district create a new administrative headquarters and a clinic at Emerson High School, and provide a long-needed modernization of the Capitol Hill Library.

Tax increment financing districts are created by the Oklahoma City Council and allow for increases in property taxes, known as increments, to be reinvested back into the area. The downtown district to date has allocated $75.2 million for projects ranging from garages for apartment complexes, landscaping, infrastructure and street improvements.

The downtown district also includes money budgeted for participating taxing entities, including the Metropolitan Library System, Oklahoma County, Oklahoma City Public Schools and Career Tech.

Dave Lopez, outgoing interim schools superintendent, thanked the committee tasked with overseeing the district for previously approving an allocation toward building the John W. Rex Elementary under construction downtown.

New construction

Lopez on Wednesday won unanimous approval for $1.5 million, which included about $1 million to assist in renovation of an office building at 615 N Classen Blvd. into the district’s new headquarters and $337,000 toward construction of a medical clinic at Emerson Alternative School, 715 N Walker Ave.

Lopez told the board he looked at sites for a headquarters outside the TIF district and also weighed new construction. He said both options were more expensive than buying the former bank building at 615 N Classen. Remaining at the current location, Lopez said, was not an option.

“It’s inefficient and built a century ago,” Lopez said, adding it is also in bad shape and too large for the schools operation. “For all those reasons, it became time to look for a new property.”

Lopez told the committee previous plans called for building the clinic in the school’s boiler room, but it was deemed inappropriate for young moms and moms to be. The amended plans now call for a stand-alone clinic on the school’s campus.

Emerson, he added, is an “important” school that serves students with special needs.

“It’s where students who have to have a different learning model, not always for behavior, are there, and it’s where we have our young moms,” Lopez said.

Lopez also asked for $90,000 for half of the cost of fencing and landscaping addition at Emerson similar to what was erected by St. Anthony Hospital around its parking lots, and a similar amount for such improvements around the new schools headquarters.


by Steve Lackmeyer
Business Reporter
Steve Lackmeyer is a reporter and columnist who started his career at The Oklahoman in 1990. Since then, he has won numerous awards for his coverage, which included the 1995 bombing of the Alfred P. Murrah Federal Building, the city's Metropolitan...
+ show more


Trending Now


AROUND THE WEB

  1. 1
    Dallas RB DeMarco Murray has new-found faith in former Bedlam rival Joseph Randle
  2. 2
    Most Americans Use Just Half Their Vacation Days
  3. 3
    Billy Crystal will honor Robin Williams at the Emmy Awards
  4. 4
    Vine update to let users import videos
  5. 5
    Makeup artist turns her mouth into cartoon characters, and it's the coolest
+ show more