Residents of Oklahoma City will vote on a proposal for a new $900 million arena, largely funded by the city, to keep the NBA team, the Oklahoma City Thunder, in the city until 2050. The proposal includes a six-year sales tax of 1 percent, causing concerns over the city's funding priorities and economic impact. Some residents feel that the money could be better spent on other needs, such as addressing the housing crisis. The Thunder's ownership group has pledged $50 million towards the construction costs, which is lower than what other NBA teams have contributed to their arenas.
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