Against the Proposed New UNP Project Plan

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Ellis, Stephen

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Abstract

There are basically three things wrong with the UNP TIF:

  1. It has failed to deliver on the high-end, regional-draw retail which it promised.
  2. It diverts tax income from higher priority uses.
  3. Expenditures in the TIF create a competitive disadvantage for non-TIF areas of Norman.

The proposed new project plan for the UNP TIF only partly addresses the tax diversion issue; it exacerbates the other problems. All of this has distributive justice implication.

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