The sales tax increment and ad valorem increment from the Increment District shall be apportioned and paid into an apportionment fund and may be pledged in accordance with Oklahoma Constitution, Article X, § 6C(B), for a period not to exceed 25 fiscal years from the date of the ordinance from which this article is derived is adopted, as provided by law, or the period required for payment of the project costs authorized by § VIII of the project plan, whichever is less.
(Ord. 2021-002, passed 8-16-2021)