Oklahoma City Economic Development

AGENDA September 24, 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 September 24, 2024 3:00 PM Council Chamber, Third Floor, Municipal Building, 200 N. Walker, Oklahoma City, Oklahoma I. Call to Order II. Approval of Minutes ­ August 27, 2024 Oklahoma City Economic Development Trust Meeting III. Ratify OCEDT Claims ­ August 2024 IV. Items for Individual Consideration A. Resolution of the Oklahoma City Economic Development Trust approving a Minor Amendment No. 3 to the Amended and Restated Downtown/MAPS Economic Development Project Plan, March 2023 (Project Plan). (TIF) B. Joint Resolution of the City of Oklahoma City and the Oklahoma City Economic Development Trust approving an Allocation to the City of Oklahoma City in an amount not to exceed $4,750,000 from the TIF 8 Increment Fund’s Other Public Development Costs Budget Category, for Project Costs associated with improvements at the City­owned Wiley Post Park and USS Oklahoma City Memorial Plaza. (TIF) C. Joint Resolution with The City of Oklahoma City recommending approval of an  Oklahoma City Economic Development Trust September 24, 2024 3:00 PM Council Chamber, Third Floor, Municipal Building, 200 N. Walker, Oklahoma City, Oklahoma I. Call to Order II. Approval of Minutes ­ August 27, 2024 Oklahoma City Economic Development Trust Meeting III. Ratify OCEDT Claims ­ August 2024 IV. Items for Individual Consideration A. Resolution of the Oklahoma City Economic Development Trust approving a Minor Amendment No. 3 to the Amended and Restated Downtown/MAPS Economic Development Project Plan, March 2023 (Project Plan). (TIF) B. Joint Resolution of the City of Oklahoma City and the Oklahoma City Economic Development Trust approving an Allocation to the City of Oklahoma City in an amount not to exceed $4,750,000 from the TIF 8 Increment Fund’s Other Public Development Costs Budget Category, for Project Costs associated with improvements at the City­owned Wiley Post Park and USS Oklahoma City Memorial Plaza. (TIF) C. Joint Resolution with The City of Oklahoma City recommending approval of an additional allocation not to exceed $500,000, with $400,000 of said amount to come from Tax Increment District No. 2’s (TIF 2) Other Public Development budget category and $100,000 of said amount to come from TIF 2’s Residential Development budget category for the 2021 Ancillary Infrastructure Program. (TIF) D. Joint Resolution of the City of Oklahoma City (City) and the Oklahoma City Economic Development Trust (OCEDT) approving an allocation of $4,000,000 in City General Funds to the First Americans Museum Foundation (Foundation), with $2,000,000 of said amount to be used for expenditures in furtherance of the completion of a Family Discovery Center Exhibition at the First Americans Museum (FAM) to be completed no later than the Summer of 2025, and with the remaining $2,000,000 to be placed in a Reserve Fund with OCEDT to be used for future operations, maintenance and/or capital improvement needs at FAM, under terms and conditions to be approved in writing and executed by the Foundation, the City, and OCEDT with regard to both the Family Discovery Center Exhibition and the Reserve Fund. (GenED) E. Joint Resolution of the City of Oklahoma City (City) and the Oklahoma City Economic Development Trust (Trust), certifying that Project Telephone, a proposed feature film, is an eligible project under the Strategic Investment Program’s Film Incentive Program; approving an allocation not to exceed $128,020 in pay­for­performance film incentives; and authorizing the Trust General Manager to negotiate a Film Incentive Agreement for Project Telephone. (GOLT) F. Receive Annual Report from the Oklahoma City Economic Development Foundation relating to the Oklahoma City Film & Creative Industries Office for the period ending June 30, 2024. G. Receive the Alliance for Economic Development of Oklahoma City FY 2024 4th Quarter Report. (GEN­ED) H. Receive Annual Tax Increment Finance District Reports for Fiscal Year 2023­ 2024; and authorizing publication and distribution.  G. Receive the Alliance for Economic Development of Oklahoma City FY 2024 4th Quarter Report. (GEN­ED) H. Receive Annual Tax Increment Finance District Reports for Fiscal Year 2023­ 2024; and authorizing publication and distribution. V. General Manager Reports VI. Comments from Staff, Trustees and Citizens VII. Adjourn