Tulsa, Okla., Aims High With $877 Million Economic Plan

Williamson, Richard
June 2003
Bond Buyer;6/30/2003, Vol. 345 Issue 31667, p44
Trade Publication
Tulsa, Oklahoma, leaders are pitching an $877 million bond proposal that would include $350 million to land a proposed jet assembly plant for Boeing Co. and $22 million to keep a maintenance base for American Airlines in the city. Although the proposed economic development plan is in its very first stage of development, Tulsa Mayor Bill LaFortune and Tulsa County Commissioner Bob Dick say they expect to have the plans far enough along for voters to consider in September. A 15-member leadership team operating under the name Vision/Dialogue 2025 will consider the proposals in a meeting on June 30, 2003. The proposal is divided into three packages. The first would provide $350 million to lure a Boeing assembly plant to Tulsa. The second package in the proposal would authorize about $350 million of debt. An American Airlines retention package is listed at $22 million, but no assistance package for regional carrier Great Plains Airlines made the final list.


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