Stalled Marshall Co. Development Has Residents Angry - KTEN.com - No One Gets You Closer

Stalled Marshall Co. Development Has Residents Angry

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MARSHALL COUNTY, OK -- There's no progress at the site of a proposed resort hotel and convention center at Lake Texoma, and officials voted to take away tax incentives if construction is not done on time.

Pointe Vista is one of the county's biggest property taxpayers, but it was already supposed to be much more, and the hopes dashed and the park lost still has many people upset, including the governor.

The sign for Pointe Vista remains the only thing built at the old Lake Texoma State Park. "They came in and destroyed the old lodge, they destroyed the cabins, they closed those down," says Lisa Davis of a group Restore Lake Texoma State Park. "They closed down some of the attractions here as well. You go down to the marina and you see less and less boat slips that are filled."

Two weeks ago, Governor Mary Fallin visited with local officials to check on the progress. "She got to see what we have been looking at for the last four or five years," says Marshall County Commissioner Chris Duroy of District 3. "We knew this was going to be a long, drawn-out process. We knew it was gonna take a while but we also expected for them to get started on it immediately."

Under the contract with the state's Commissioners of the Land Office, the hotel is supposed to be substantially complete by next May, but with construction yet to begin, many residents want answers.

"Millionaries and billionaires have more cash funds than ever. Wall Street is at record highs. It's not an economic issue for them, they can't find other investors because this is not a viable project," says Davis.

Commissioners also adopted a deadline, saying in nine months, they'll cancel a TIF -- a tax district that would help Pointe Vista pay for roads, water, and sewer lines.

"We went to a lot of trouble and a lot of effort to put that in there to help them out and they haven't utilized it at all. They haven't sold or built anything to start generating some revenue," says Duroy.

Meantime, Duroy says he is trying to re-open the air strip that was declared closed three weeks ago. "I've already sprayed it to kill all the grass off. I'm going to clear out all the cracks and then do a crack seal on it," says Duroy. "We're just trying to do as a county whatever we can to show that we want something done out there."

Duroy says the governor was not pleased during her tour. He says he found a state program that helps restore airports, but it requires a 25-year-agreement, and for now, no one seems to know what the future holds.