Oklahoma City Economic Development

AGENDA June 20, 2023 3:00 PM TRUST MEMBERS Todd Stone, Chair Rhonda Hooper, Vice Chair Maurianna Adams Mark K. Stonecipher Miriam Campos Craig Freeman, General Manager Kenton Tsoodle, Surrogate General Manager Amy K. Simpson, Secretary Amy Douglas, Assistant Municipal Counselor 200 N. Walker, 3rd Floor, Council Chamber INFORMATION ABOUT OCEDT TRUST MEETINGS The Oklahoma City Economic Development Trust (OCEDT) generally meets on a monthly basis in the  INFORMATION ABOUT OCEDT TRUST MEETINGS The Oklahoma City Economic Development Trust (OCEDT) generally meets on a monthly basis in the Council Chamber at City Hall unless prior notice of a change is posted. If Council or another City Trust is in session, the OCEDT meeting will be held in the Executive Conference room (same floor). To confirm meeting dates, call (405) 297­2245. Free parking is available at the Sheridan­Walker Parking Garage (501 West Sheridan). Parking tickets must be validated in the Mayor’s/City Manager’s reception area. The following guidelines are in place for meetings in the Council Chamber at City Hall: only the south entrance to City Hall will be open; air purifying machines have been installed in the Chamber; hand sanitizer machines and disposable face masks will be available. It is the policy of the City to ensure that communications with participants and members of the public with disabilities are as effective as communications with others. Anyone with a disability who requires an accommodation, a modification of policies or procedures, or an auxiliary aid or server in order to participate in this meeting should contact the ADA department coordinator at 297­2506 or TDD 297­ 2020 as soon as possible but not later than 48 hours (not including weekends or holidays) before the scheduled meeting. The department will give primary consideration to the choice of auxiliary aid or service requested by the individual with disability. If you need an alternate format of the agenda or any information provided at said meeting, please contact the ADA department coordinator listed above 48 hours prior to the scheduled meeting. Addressing the Trust Citizens may address the Trust on certain items by signing up to speak and providing the agenda item number, their reason for appearing and their address, but all comments must be relevant to the item. The Chair or presiding officer may in her or his discretion prohibit a person from addressing the Trust, or have any person removed from the Council Chamber, if that person commits any disorderly or disruptive behavior. Disorderly conduct includes, but is not limited to, any of the following: speaking without being recognized by the Chair or presiding officer; continuing to speak after notice that the speaker’s allotted time has expired; presenting comments or material not relevant to the item under discussion; failing to comply with the lawful instructions of the Chair or presiding officer; engaging in other conduct, activity or speech that delays, pursuant to 21 O.S. §280, disruptive conduct includes any conduct that is “violent, threatening, abusive, obscene or jeopardizes the safety of self or others”. A person may also be subject to arrest and removal from the Municipal Building for violation of Oklahoma City Municipal Code 2020, § 30­81 – Disorderly conduct and/or violation of Okla. Stat. tit. 21, §280­ Willfully Disturbing, Interfering With or Disrupting State Business, Agency Operations or Employees. Citizens may also address the Trust on individual concerns at the end of the agenda when the Chair asks if there are any comments by citizens. Comments should concern OCEDT matters. Please fill out a “Request to be Heard” form located outside the Chambers. Please return this form to the staff member at the table in front of the horseshoe. PLEASE LIMIT YOUR COMMENTS TO 3 MINUTES. Continuing to speak beyond the time allowed by the Chair or presiding officer shall constitute grounds for removal from the Council Chamber. If you know in advance that you wish to address the Trust, you may call 297­2245 and provide your name and subject about which you wish to speak. Trust Actions Official action can be taken only on items that appear on the agenda. The Trust may dispose of business  Trust Actions Official action can be taken only on items that appear on the agenda. The Trust may dispose of business on the agenda by adopting, approving, amending, correcting, ratifying, denying, deferring or continuing resolutions, plans and specifications, addenda, amendments and contracts. Other actions may also be taken. When more information is needed to act on an item, the Trust may refer items to the General Manager or the Municipal Counselor. The Trust may also refer items to committees of the Trust, to a board or commission, or to independent consultants for additional study. Under certain circumstances, items are deferred to a specific later date or stricken from the agenda entirely. Television Coverage Oklahoma City Economic Development Trust meetings can be watched live on Cox Cable Channel 20. Oklahoma City Economic Development Trust June 20, 2023 3:00 PM  Oklahoma City Economic Development Trust June 20, 2023 3:00 PM Council Chamber, Third Floor, Municipal Building, 200 N. Walker, Oklahoma City, Oklahoma I. Call to Order II. Approval of Minutes Oklahoma City Economic Development Trust Meeting – May 23, 2023 III. Ratify OCEDT Claims IV. Items for Individual Consideration A. Joint Resolution of the City of Oklahoma City (“City”) and the Oklahoma City Economic Development Trust (“Trust”), approving an allocation not to exceed $4,200,000 from Tax Increment District No. D’s Assistance In Development Financing budget category, from the downtown/Maps Economic Development Project Plan, in support of the Harlow Project located at 101 Broadway and 100 Park Avenue in Downtown Oklahoma City, which project consists of the construction of 265 apartment units, approximately 4,900 square feet of retail space and approximately 3,400 square feet of office/retail space; co­working booths and lounges, a bar and lounge for residents, conference rooms, a fitness studio with virtual training equipment, a game room/activity area, a complimentary pet spa, and a hospitality area, with an estimated $69,900,000 private capital investment by the developer. (TIF) B. Joint Resolution of the City of Oklahoma City (“City”) and the Oklahoma City Economic Development Trust (“Trust”), certifying that Dirt Road Films, LLC’S proposed feature film project is an eligible project under the Strategic Investment Program’s Film Incentive Program; approving an allocation not to exceed $1,000,000 in pay­for­performance film incentives; and authorizing the Trust General Manager to negotiate a film incentive agreement with Dirt Road Films, LLC. (GOLT) C. Joint Resolution of the City of Oklahoma City (“City”) and the Oklahoma City Economic Development Trust (“Trust”), certifying that Defiant Vanity, LLC’s proposed feature film project, Project Urban, is an eligible project under the Strategic Investment Program’s Film Incentive Program; approving an allocation not to exceed $21,390 in pay­for­performance film incentives; and authorizing the Trust General Manager to negotiate a film incentive agreement with Defiant Vanity, LLC. (GOLT) D. Resolution approving the American Indian Cultural Center Foundation’s (“Foundation”) proposed 2023­2024 fiscal year budget in the total amount of $4,000,000 to be provided by the Oklahoma City Economic Development Trust (“OCEDT”), the Future Operations Escrow Disbursement Account, and Other Sources as recommended by the American Indian Cultural Center Museum Finance Funding Committee (“Funding Committee”); authorizing staff to complete the paperwork necessary to make distributions from the Future Operations Escrow Distribution Account in the manner and for the amounts set forth; and authorizing the Mayor or OCEDT Chairman to facilitate said disbursements. (GEN­ED) E. Joint Resolution of the City of Oklahoma City, the Oklahoma City Economic Development Trust, and the Alliance for Economic Development of Oklahoma City, Inc., setting and establishing the Annual Professional Services Fee in the amount of $593,375, and setting and establishing the funding for “Other Additional  authorizing the Mayor or OCEDT Chairman to facilitate said disbursements. (GEN­ED) E. Joint Resolution of the City of Oklahoma City, the Oklahoma City Economic Development Trust, and the Alliance for Economic Development of Oklahoma City, Inc., setting and establishing the Annual Professional Services Fee in the amount of $593,375, and setting and establishing the funding for “Other Additional Services” in the amount of $120,750, for the administration and management of economic development activities and programs by the Alliance for Economic Development of Oklahoma City, Inc., for the 2023­2024 fiscal year. (TIF) (GOLT) F. Joint Resolution of The City of Oklahoma City, the Oklahoma City Economic Development Trust, and the Myriad Gardens Foundation setting and establishing the Annual Management Fee and Annual Public Support for facility maintenance in the total amount of $2,755,033 for the operation, management, and maintenance of the Myriad Botanical Gardens for the 2023­2024 fiscal year; providing for the Foundation’s submittal of “Leading For Results” performance measurement data; and allowing for amendments to the Annual Management Fee and Annual Public Support upon subsequent Council and Trust approval. (GEN­ED) G. Joint Resolution of the City of Oklahoma City, the Oklahoma City Economic Development Trust, and the Scissortail Park Foundation setting and establishing the Annual Management Fee and Capital Fund Support in the total amount of $5,890,598 for the operation and management of Scissortail Park for the 2023­ 2024 fiscal year; providing for the Foundation’s submittal of “Leading For Results” performance measurement data; and allowing for amendments to the Annual Management Fee and/or additional transfers into the Capital Fund upon subsequent Council and Trust approval. (GEN­ED) H. Professional Services Agreement with the Oklahoma City Economic Development Foundation, Inc., for community and economic development services, not to exceed $1,280,000, July 1, 2023 through June 30, 2024. (GEN­ED) (GOLT) I. Fiscal Year 2023­2024 Oklahoma City Economic Development Trust Budget. (TIF) (GOLT) (GEN­ED) J. Receive the Oklahoma City Economic Development Foundation FY23 3rd Quarter Report. (GEN­ED) V. General Manager Reports VI. Comments from Staff, Trustees and Citizens VII. Adjourn