Oklahoma City Economic Development

AGENDA February 24, 2026 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 February 24, 2026 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 III. Ratify OCEDT Claims IV. Items for Individual Consideration A. Resolution of the City of Oklahoma City (“City”), the Oklahoma City Economic Development Trust (“OCEDT”), and the Oklahoma City Public Property Authority (“OCPPA”) memorializing the agreement for the OCPPA to provide advance funding for the construction of downtown parking facilities and pedestrian improvements to be located in the vicinity of the new downtown arena and new offices for thunder administration at the arena (city general obligation bond and general obligation limited-tax bond projects) and the City’s and OCEDT’s moral pledge to purchase said parking facilities and pedestrian improvements and thunder offices from the OCPPA at such time as said bond projects are fully funded and all of the City’s administrative procedures regarding expenditure of bond funds have been followed; and further authorizing the administrative payment/transfer of the bond funds to the OCPPA without further City or OCEDT action necessary in an amount not to exceed $60,000,000 from propositions nos. 5 - economic and community development and 9 - transit and parking system of the 2025 city bond authorization approved by the voters on October 14, 2025. B. Joint resolution with The City of Oklahoma City, approving an allocation not to exceed $2,500,00 from the Residential Development budget category of the Northeast Renaissance Redevelopment Project Plan’s Tax Increment District No. 9, in support of the Pearl Housing Project located at N.E. 23rd Street and I-35 in Oklahoma City, which project consists of the rehabilitation of a vacant apartment complex with $15,000,000 in private capital investment by Tower Management OKC, LLC (“Developer”). (TIF) C. Joint resolution with the City of Oklahoma City, certifying that Zero Sum Movie, LLC proposed feature film project is an eligible project under the Strategic Investment Program’s Film Incentive Program; approving an allocation not to exceed $870,180 in pay-for-performance film incentives; and authorizing the Trust General Manager to negotiate A Film Incentive Economic Development Agreement with Zero Sum Movie, LLC for Project Redemption. (GOLT) D. Joint Resolution with The City Of Oklahoma City approving the allocation of General Obligation Limited Tax Bond proceeds and/or investment proceeds in an amount not to exceed $400,000 for the provision of certain job creation economic development incentives to Delaware Nation Economic Development Authority (DBA: Delaware Nation Industries & Investments - DNI), in exchange for its commitment to create approximately 410 new quality jobs over the next seven (7) years, and authorizing and directing the General Manager and/or designee to negotiate an Economic Development  Agreement with Delaware Nation Industries & Investments for subsequent Trust approval and City Council concurrence. (GOLT) E. Amendment No. 1 to the Real Estate Acquisition Agreement with the Oklahoma City Urban Renewal Authority approving the transfer of Trust- owned property in the vicinity of Shields Boulevard between SW 3rd Street and SW 4th Street to Oklahoma City Urban Renewal Authority; and granting Quit Claim Deed. F. Boulevard Place Apartment Project Economic Development Agreement with Boulevard Place OKC, LLC, in support of the Boulevard Place Project, southwest corner of Oklahoma City Boulevard and E.K. Gaylord Boulevard. V. General Manager Reports VI. Comments from Staff, Trustees and Citizens VII. Adjourn