Oklahoma City Economic Development

AGENDA January 30, 2024 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 Miki Graham, Assistant 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 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) 297­2506. 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 (405)297­2506 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 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) 297­2506. 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 (405)297­2506 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 (405)297­2506 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 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. address the Trust, you may call (405)297­2506 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 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 January 30, 2024 3:00 PM Council Chamber, Third Floor, Municipal Building, 200 N. Walker, Oklahoma City, Oklahoma I. Call to Order II. Approval of Minutes ­ January 5, 2024 Oklahoma City Economic Development Trust Meeting 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), certifying that KEEPQUIETMOVIE, LLC’s proposed feature film project, Project Silence, is an eligible project under the Strategic Investment Program’s Film Incentive Program; approving an Allocation not to exceed $26,129 in pay­for­performance Film Incentives; and authorizing the Trust General Manager to negotiate a Film Incentive Agreement with KEEPQUIETMOVIE, LLC, the Production Company. (GOLT) B. Resolution approving Oklahoma Industries Authority’s sale of Site F of the 577 acres property generally bounded by Interstate 240 on the North, S.E. 89th Street on the South, Eastern Avenue on the West, and Bryant Avenue on the East to Master Developer. (GOLT)  Oklahoma City Economic Development Trust January 30, 2024 3:00 PM Council Chamber, Third Floor, Municipal Building, 200 N. Walker, Oklahoma City, Oklahoma I. Call to Order II. Approval of Minutes ­ January 5, 2024 Oklahoma City Economic Development Trust Meeting 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), certifying that KEEPQUIETMOVIE, LLC’s proposed feature film project, Project Silence, is an eligible project under the Strategic Investment Program’s Film Incentive Program; approving an Allocation not to exceed $26,129 in pay­for­performance Film Incentives; and authorizing the Trust General Manager to negotiate a Film Incentive Agreement with KEEPQUIETMOVIE, LLC, the Production Company. (GOLT) B. Resolution approving Oklahoma Industries Authority’s sale of Site F of the 577 acres property generally bounded by Interstate 240 on the North, S.E. 89th Street on the South, Eastern Avenue on the West, and Bryant Avenue on the East to Master Developer. (GOLT) C. Resolution approving the Revised Terms of Oklahoma Industries Authority’s sale of Site H of the real property generally bounded by Interstate 240 on the North, S.E. 89th Street on the South, Eastern Avenue on the West, and Bryant Avenue on the East to Master Developer. (GOLT) D. Economic Development Agreement with Community Enhancement Corporation (Developer), an instrumentality of the Oklahoma City Housing Authority, for assistance in development financing not to exceed $1,250,000, funded by the 2017 General Obligation Limited Tax Bonds revenue and/or investment income, in support of Phase One of the three phase Creston Park Neighborhood Affordable Housing Project located at NE 28th Street and Martin Luther King Avenue, which consists of the construction of 170 affordable housing units that is estimated to result in a $40,000,000 capital investment. (GOLT­AH) E. Resolution of the Oklahoma City Economic Development Trust waiving its right to terminate the job creation incentive Economic Development Agreement with Booz Allen Hamilton Inc. dated June 4, 2019, for failing to create 50 new positions by September 30, 2020. (GOLT) F. Oklahoma City Economic Development Trust FY 2022­2023 Annual Financial Report. (TIF) (GOLT) (GEN­ED) G. Oklahoma City Economic Development Foundation Retail Recruitment and Development Presentation. (GEN­ED) V. General Manager Reports VI. Comments from Staff, Trustees and Citizens VII. Adjourn VI. Comments from Staff, Trustees and Citizens VII. Adjourn