Tulsa County commissioners discuss incentive for Macy's distribution center, no property tax

TULSA COUNTY, Okla. - Tulsa County commissioners met Tuesday to consider a tax incentive for Macy's, set to open a new distribution center and bring hundreds of jobs to the area.

The incentive would clear the retailer from paying property taxes for the next five years, saving the company roughly $1 million each year.

Tuesday's public hearing before the commissioners drew no public comment or opposition.

A representative for the Indian Nations Council of Government says this type of incentive is typical when attracting new businesses to the area.

"It's typical for a business this size, this is the largest economic development investment in Tulsa County in more than a decade," said Rich Brierre, executive director of INCOG.

County leaders say the incentive is an economic development tool that will ensure a $160 million investment and produce approximately 1,000 full time jobs.

But it will also cost the county $5 million in property taxes.

A second public hearing is set for Feb. 3.

All approvals are expected by early March and groundbreaking begins in April.

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