Classen Corridor Revitalization TIF Review Committee

-SPECIAL MEETING- CLASSEN CORRIDOR REVITALIZATION TIF REVIEW COMMITTEE AGENDA October 14, 2025 2:30 PM COMMITTEE MEMBERS: Mayor David Holt, Chairman Butch Freeman, Vice Chairman Deborah Deck, Oklahoma City Public Schools Craig Woodruff, Metropolitan Library Dr. Patrick McGough, Oklahoma City/County Health Aaron Collins, Metro Technology Center Rusty LaForge, Planning Commission Remy Luong, At-Large Member Thuan Nguyen, At-Large Member Candace Baitz, At-Large Member 431 W Main Street, Embark Large Conference Room INFORMATION ABOUT THE COMMITTEE MEETINGS The Committee meets on an ad hoc basis. 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. 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A person may also be subject to arrest and removal from the meeting 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 Committee on individual concerns at the end of the agenda when the Chair asks if there are any comments by citizens. Comments should concern Committee matters only. Please fill out a “Request to be Heard” form located outside the meeting room. Please return this form to the staff member. If you know in advance that you wish to address the Committee, you may call (405)297-2506 and provide your name and subject about which you wish to speak. Committee Actions Official action can be taken only on items that appear on the agenda. The Committee 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 Committee may refer items to the General Manager or the Municipal Counselor. The Committee may also refer items to committees, 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  -SPECIAL MEETING- CLASSEN CORRIDOR REVITALIZATION TIF REVIEW COMMITTEE October 14, 2025 2:30 PM 431 W Main Street, Embark Large Conference Room I. Call to Order II. Approval of Minutes of the Classen Corridor Revitalization TIF Review Committee – December 16, 2024 III. Items for Individual Consideration A. Resolution of the Classen Corridor Revitalization TIF Review Committee recommending approval of the proposed amendments to the Classen Corridor Revitalization Project Plan 2024, contingent upon approval of a minor amendment to the Downtown/MAPS Economic Development Project Plan 2023. B. Resolution of the Classen Corridor Revitalization TIF Review Committee (Review Committee) recommending approval of an allocation not to exceed $660,000 from the Assistance in Development Financing budget category to be funded by increment generated by the project within Tax Increment District D, in support of the Avya 2.0 project located at Northwest 11th Street and Lee Avenue, with the developer making a minimum private capital investment of no less than $5,150,000, contingent on the location of the project being removed from the Downtown/MAPS Economic Development Project Plan’s project area and Tax Increment District 2; and said project location thereafter being incorporated into the Classen Corridor Revitalization Project Plan area’s TIF D. C. Resolution of the Classen Corridor Revitalization TIF Review Committee (Review Committee) recommending approval of an allocation not to exceed $766,263 from the Assistance in Development Financing budget category to be funded by increment generated by the project within Tax Increment District D, in support of the Brown’s Bakery Redevelopment Project located at Northwest 10th Street and Walker Avenue, with the developer making a minimum private capital investment of no less than $10,303,617. D. Resolution of the Classen Corridor Revitalization TIF Review Committee (Review Committee) recommending approval of an allocation not to exceed $2,533,025 from the Assistance in Development Financing budget category to be funded by increment generated by the project within Tax Increment District D, in support of the Eddie Building project located at Northwest 10th Street and Classen Drive, with Midtown HC #2, LLC, (Developer) making a minimum private capital investment of no less than $19,804,986. E. Resolution of the Classen Corridor Revitalization TIF Review Committee (Review Committee) recommending approval of an allocation not to exceed $2,000,000 from the Assistance in Development Financing budget category to be funded by increment generated by the project within Tax Increment District D, in support of the Villa Teresa Hotel Project located at 1216 Classen Drive, with the developer making a minimum private capital investment of no less than $29,500,000; contingent on the location of the project being removed from the Downtown/MAPS Economic Development  Project Plan’s project area and Tax Increment District 2, and said project location thereafter being incorporated into the Classen Corridor Revitalization Project Plan area’s TIF D. IV. Comments from Committee Members, Staff and Citizens V. Adjournment