Yukon Economic Development Authority Meeting - 10/06/2026 - 6:00PM

The Yukon Economic Development Authority meeting on October 6, 2026, approved a $533,988 payment to Centros Development Partners LLC from tax increment revenues for eligible costs in Increment District No. 3. The reimbursement request, supported by AIA payment application G702, was reviewed by city staff, finance, and bond counsel; the stated costs covered project design, engineering, cost modeling, and preconstruction work. The project includes the Trae Young athletic facility, a parking garage, hotels, restaurants, and retail. Officials said the roughly $7.6 million loan was in place, the request was below the approved drawdown schedule, and the Authority would review each payment; monthly financial reports are expected in future meeting packets. The payment was approved after a motion and second, with affirmative votes recorded.

The Authority discussed nondisclosure agreements in economic development, including their limits under Oklahoma open-records requirements; no action was taken on that discussion. The economic development director reported ongoing retail and industrial recruitment and said the city expects to issue a master-development RFP for city-owned downtown properties after further drafting. No vote on the RFP was taken.