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The Water Cooler
General Discussion
OKC Giving 3.5M to Cabelas, Fair to Other Retailers?
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<blockquote data-quote="dennishoddy" data-source="post: 2558302" data-attributes="member: 5412"><p>It won't take long for the taxes collected from Cabella's to overcome the incentive.</p><p></p><p>BP was the same. They have outran their incentives, and are now producing income for the city.</p><p></p><p>Sometimes you just have to suck it up for awhile and in the end they owe the city.</p><p></p><p>OKC is not the only place that does that. </p><p></p><p>Smaller towns do the same. Ponca builds Spec buildings on their dime, and let businesses move in at cost just to occupy the space. Eventually they pay for the building, and along with the utility payments, and other services quickly start making money from the businesses, along with the taxes gained from employees, etc.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 2558302, member: 5412"] It won't take long for the taxes collected from Cabella's to overcome the incentive. BP was the same. They have outran their incentives, and are now producing income for the city. Sometimes you just have to suck it up for awhile and in the end they owe the city. OKC is not the only place that does that. Smaller towns do the same. Ponca builds Spec buildings on their dime, and let businesses move in at cost just to occupy the space. Eventually they pay for the building, and along with the utility payments, and other services quickly start making money from the businesses, along with the taxes gained from employees, etc. [/QUOTE]
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OKC Giving 3.5M to Cabelas, Fair to Other Retailers?
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