Oklahoma City seeks changes in Indian museum proposal
Ponca City Now - January 27, 2016 10:03 am
OKLAHOMA CITY (AP) – Oklahoma City wants the Legislature to change a law to shift responsibility for the stalled American Indian Cultural Center and Museum from the state to the city.
Under the law passed last year, the state would borrow $25 million to help complete the museum. The city would be required to pay 50 percent of all revenues in excess of $7 million per year to the state.
City leaders want the Legislature to roll back a revenue-sharing provision and drop plans for a new authority that would oversee state-issued bonds.
The city has until March 15 to finalize a deal with the state.
The Oklahoman reports (http://bit.ly/1PAFEUo ) the Chickasaw Nation has offered millions of dollars to help the city complete and open the museum.