Oklahoma City Economic Development

AGENDA July 29, 2025 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) 297-2506. 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)297-2506 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, § 30-81 – 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)297-2506 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 July 29, 2025 3:00 PM Council Chamber, Third Floor, Municipal Building, 200 N. Walker, Oklahoma City, Oklahoma I. Call to Order II. Approval of Minutes - June 17, 2025 Oklahoma City Economic Development Trust Meeting III. Ratify OCEDT Claims – June 2025 IV. Items for Individual Consideration A. Joint Resolution of the City of Oklahoma City (City) and the Oklahoma City Economic Development Trust (Trust or OCEDT), amending the Oklahoma City Retail Incentives policy adopted in October of 2008 by the City and OCEDT. B. Joint Resolution of The City of Oklahoma City (City) and the Oklahoma City Economic Development Trust (Trust or OCEDT), authorizing the general manager of the Trust or his designee and the City Manager of the City or his designee to negotiate an economic development agreement, not to exceed $8,000,000, to support the development of a Scheels sporting goods store within the city limits of Oklahoma City. C. Joint Resolution between the City of Oklahoma City and the Oklahoma City Economic Development Trust approving the allocation of General Obligation Limited Tax bond proceeds and/or investment proceeds in an amount not to exceed $175,000 for the provision of certain job creation economic development incentives to Kearney-National Inc, in exchange for its establishment of a new manufacturing facility in Oklahoma City, and for its commitment to create approximately 81 new quality jobs over the next five (5) years, and authorizing and directing the General Manager and/or designee to negotiate an Economic Development Agreement with Kearney-National Inc for subsequent Trust approval and City Council concurrence. D. Joint Resolution of the City of Oklahoma City and the Oklahoma City Economic Development Trust approving allocations from: (1) Increment District No. 9’s public improvements and development budget category in an amount not to exceed $350,000; and (2) Increment District No. 15’s public improvements and development budget category in an amount not to exceed $150,000; with said allocations to be provided to the City of Oklahoma City to help fund construction of the MAPS 4 project entitled the Clara Luper Civil Rights Center. E. Joint Resolution of the City of Oklahoma City (City) and the Oklahoma City Economic Development Trust (Trust or OCEDT), certifying that Wild Rooster, 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 $181,298 in pay-for-performance film incentives; and authorizing the Trust General Manager to negotiate a film incentive economic development agreement with Wild Rooster, LLC. F.  Agreement for Capital Reserve Fund between the City of Oklahoma City, the Oklahoma City Economic Development Trust, and First Americans Museum Foundation authorizing the establishment of a capital reserve fund, not to exceed $1,500,000. (TIF) G. Joint Resolution with the Oklahoma City Economic Development Trust renewing Agreements of Support in connection with debt obligations issued by the Oklahoma City Economic Development Trust, retroactive to July 1, 2025, through June 30, 2026. H. Receive the Oklahoma City Economic Development Foundation FY 2025 4th Quarter Report. (GEN-ED) V. General Manager Reports - June 2025 VI. Comments from Staff, Trustees and Citizens VII. Adjourn