Leaders Discuss Tax Funding For $1B District

Developers in Norman and leaders from the University of Oklahoma meet today to discuss taxes meant to fund a new billion-dollar entertainment district in the city.  Included in this is a new arena to house OU basketball and gymnastics.  The City of Norman leaders have no plans to raise taxes, but they do plan to create two tax increment finance districts. A group is petitioning for a Norman public vote on the funding plan.