TITLE

Oklahoma City Voters to Weigh Tax to Fund Horse Show Complex

AUTHOR(S)
Watts, Jim
PUB. DATE
November 2004
SOURCE
Bond Buyer;11/30/2004, Vol. 350 Issue 32019, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on a proposal to increase hotel tax in Oklahoma City, Oklahoma. Oklahoma City voters on December 14, 2004 will weigh in on a proposal to increase the city's hotel tax to finance $50 million of bonds for improvements to horse-show facilities at State Fair Park. If the proposition is approved, the city would replace its 32-year-old 2% hotel occupancy tax with a 5.5% tax. The new hotel tax would generate $4.5 million a year to support $50 million of 30-year revenue bonds for improvements at the city-owned park's 700,000 square feet of equine exhibition and livestock barn space.
ACCESSION #
15256456

 

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