Opinion No. (2009)

Dear Representatives Reynolds and McAffrey:

This office has received your requests for an official Attorney General Opinion in which you ask, in effect, the following questions:

1. Does the Local Development Act, 62 O.S. 2001 Supp. 2008, §§ 850 — 869 ("Act") permit a Tax Increment Financing ("TIF") district to be amended? May the boundaries of a TIF district be changed and property removed from one TIF district and added to another TIF district, where the conditions establishing eligibility of the area are met and all other provisions of the Act are followed?

2. Does the Act permit a TIF…