Yukon approves tax increment finance district for $73 million development
Economic Development
Yukon City Council has approved a tax increment finance district to fund a $73 million mixed-use development along Yukon Parkway, featuring a youth sports facility, medical offices, a hotel and restaurants.
Yukon, Okla. — The Yukon City Council has approved a tax increment finance district to fund a $73 million mixed-use development along Yukon Parkway.
The plan includes a youth sports facility, medical offices, a hotel, and several restaurants. The total cost of the project is estimated at more than $73 million, which would be funded through future tax revenues generated within the district over the next 25 years.
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