The Court decided that the gist statement was insufficient.
This means that the approved amended and reinstated UNP TIF project plan can be implemented.
The increment diversion will end.
The TIF itself remains active until the 25 year term is reached or all of the funds are spent.
The case law can be found here: https://law.justia.com/cases/oklahoma/supreme-court/2020/118782.html
Monday, June 15, 2020
Supreme Court rejects Referendum
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