Wal-Mart Subsidies in Sand Springs, OK
Store Details
City Sand Springs
State OK
Address 220 S Highway 97
ZIP code 74063
County Tulsa
Type of Facility Supercenter
Year Opened 2003
Value of Subsidies $2.8 million

Narrative
The city provided $2.8 million for infrastructure improvements to the developer of a project in which a Wal-Mart discount store was closed and replaced by a Supercenter two miles away. The improvements were financed by a tax increment financing plan based both on property and sales taxes. The increment was said to be the difference between the taxes generated by the discount store and those expected from the Supercenter. The new store was built on a remediated site that had been the location of a smelter, but no incentives were linked to the brownfield status.

Print Friendly

2007 Good Jobs First. This site is in no way connected with Wal-Mart Stores, Inc. or any affiliate of Wal-Mart Stores, Inc.