Oklahoma City voters approve sales tax for $900 million arena to keep NBA’s Thunder through 2050
1 year ago

Oklahoma City voters approve sales tax for $900 million arena to keep NBA’s Thunder through 2050

Associated Press  

OKLAHOMA CITY — Oklahoma City voters on Tuesday approved a 1% sales tax for six years to help fund a new downtown arena for the NBA’s Thunder that is expected to cost at least $900 million. The proposal was strongly endorsed by Oklahoma City Mayor David Holt and officials from the Greater Oklahoma City Chamber of Commerce, who argued that keeping the Thunder is an integral part of the city’s growth and economic development. “We told the nation, we told the world, that Oklahoma City is and shall remain a Big League City,” Holt said in a written statement following the vote. The group Oklahoma Progress Now, which opposed the proposal, said the outcome “though not what we hoped for, reflects the democratic voice of Oklahoma City.” Council members Nikki Nice and JoBeth Hamon also opposed both the proposed sales tax and the letter of intent with the Thunder owners.

History of this topic

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Oklahoma City Council sets vote on $900M arena to keep NBA’s Thunder through 2050
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