Oklahoma City Economic Development Trust - 10/27/2026

The Oklahoma City Economic Development Trust met on October 27, 2026. Trustees approved the prior minutes, ratified Trust claims, and adopted the 2027 regular meeting schedule. They approved Minor Amendment No. 8 to the Downtown MAPS economic development project plan, increasing the “other public development” budget category by $15 million, from $49 million to $64 million, to accommodate upcoming infrastructure projects, including a pedestrian bridge and potential work near the multipurpose stadium. The Trust also considered funding for a pedestrian bridge across NE E.K. Gaylord Boulevard; its construction budget is $5.8 million and total budget is $7.6 million. Two bid packages had been issued, with bids expected in December and construction anticipated from January through September. No contract award or selected vendor was identified in the transcript.

The Trust also considered an economic development agreement for the AVA 2.0 Midtown housing project: 26 units, with $660,000 to be paid in and returned in portions over time. Reports covered the Chamber’s economic development activity and the Film and Creative Industries Office’s rebate program, which has an $8 million allocation and $4 million in prequalified commitments. Staff also noted setup of quarterly bills and debt-service payments, and encumbrances related to a previously allocated $30 million for the multipurpose stadium. The transcript indicates motions and approvals on several agenda items but does not clearly preserve all vote details; no specific contract award was reported.