Thank you.

Okay.

All right, great.

Good morning, Commissioners.

We're going to welcome you to the March 26, 2026 meeting of the Tulsa Development Authority Commissioners.

I issue what you call the roll.

Carl Bracey.

Here.

Jennifer Griffin here.

Ellion Hertata.

Yes.

Steve Mitchell.

Here.

Ashley Phillipson.

Item two on agenda review of consent agenda.

Request to remove items from the consent agenda for separate discussion, consideration, and vote.

Do we have such items?

Silence mean consent.

We do not have any.

Let's move on to item three.

Consideration of consent routine and repetitive items for discussion, consideration, and vote.

There are four items on the agenda.

If you all have the agenda, you should be able to read those.

Yes.

Okay.

Do I have a motion?

I motion to approve second.

Okay.

I issue we take the roll, please.

Yes.

Call Bracey?

Yes.

Jennifer Griffin?

Yes.

Ellion Hertata.

Yes.

Steve Mitchell.

Yes.

Item four.

We had no search items for removal.

So we move on to item five finance and real estate.

Billy, take it away.

All right.

Morning commissioners.

So this this item here is to terminate a contract with Axum Company LLC.

So we had entered into a contract with them back in November of 2025.

And the lot was sold for $16,000.

The developer, you know, started pre-work and whatnot, and unfortunately, he decided that he no longer wanted to move forward.

TDA staff decided that we thought we'd like to continue to move the project forward if the developer was willing.

And so we through multiple emails, multiple calls, none of them were returned.

And so we still haven't heard back from them.

It's been about a month.

So we decided that in the best interest of getting this lot back out into circulation to hopefully have somebody else develop it, that we would go ahead and terminate his contract.

Any questions for you?

Jack, do you have a thought in mind?

Well, uh I believe.

Correct me if I'm wrong.

We got a good one.

That is a termination.

Okay.

So your action would be to issue a notice of termination.

Actually, and then I think under our contract, if it's like our other redevelopment contracts, there's a period of time and maybe 30 or 60 days.

I thought this was mutual, so that's why I didn't review the contract.

But uh we do need to issue a notice of termination, let that time run, and then we can terminate the contract.

Okay, so we'll we will pin this to the next month.

Sounds good.

Is that sufficient enough time to execute?

Well, I I would ask you to go ahead and approve the issuance of a notice of termination.

All right, second.

Perfect.

Call a roll.

Oh, you're good.

Call Bracey?

Yes.

Jennifer Griffin?

Yes.

Ellion Hertata?

Yes.

Steve Mitchell.

Yes.

Great.

Great.

Appreciate it.

Item number six.

So item number six.

This is I'd like to start with the bad news first, go to the good news.

So we're actually approving a new contract here.

This one is for 752 East Queen.

So that's located near Pine in Peoria.

It's about two blocks north of Pine.

It's not far from the Moton site, actually, just a little bit uh to the east of there.

Um this lot 6535 square feet.

It was appraised for $18,000.

And the developer has agreed to uh that that'll be the purchase price.

Um staff received a good faith deposit for $900, which is five percent of the purchase price.

Um next month we're hoping to get the construction plans approved for a three-bed, two bath, two car uh garage house.

And this is a new developer at the TDA, so we're always excited to have new developers working with us.

The uh request to be considered discuss and approve, amend revised or check a contract for sale of land for private development with sensible investments LLC for property located at 752 East Queen Street, Tulsa, Oklahoma 74106.

Second.

I issued, please call the roll.

Yes, Jennifer Griffith.

Yes, Ellian Hertata.

Steve Manshell, yes.

It's good to see some new development developers coming in and uh the town.

Great.

Okay, thank you to Billy and Ashley for also just moving things forward in Nia's absence.

They've been doing a great job.

Thank you.

Uh let's move on to item seven, uh, monthly budget to actual report.

Lynn, take it away.

Um page, you'll notice that I I made the same changes to the reports for TDA as I had done that.

I had put Ashley the monthly budget actually.

And maybe number three.

That's no longer it's numbered wrong.

Yeah, number eight.

Oh, gotcha.

So if we go to Phil Page three, please.

That on the next page, I did detail out the um other services expenditures.

Um if you'll go to page four, please.

Um you can see that the majority of the expenditures for other services relate to the TIFIA grant.

Um we get reimbursed for those uh, but they're a month or two in arrears for the reimbursement.

So moving on to the next page, you can see that I uh added the column for month-to-day actuals, and all of those are um reasonable for this month.

That the 29,000 for consulting services or other services, sorry, um that's uh related to the TIPIA grant as well.

The next page is the chart that you see every month, and then page let's see.

Uh then we move on to page 10.

If there's no questions, um 10 and 11 is just the Lancing budget to actuals report, which there's nothing to report of note there.

Any questions?

Okay, we need we need money, we need funds for TDA.

But thanks, Lynn.

Appreciate you.

Okay, uh monthly staff report.

We've been moving right along.

I know we have some hard stops uh with some of our commissioners, so we're trying to move things along.

All right, be quick here.

Um worries, no worries.

You must be using ATT.

So while it's loading, I can tell you guys.

Um we um big thank you and shout out to Ashley China here.

She led a really good um community development meeting with Moton.

Some of you were there, brought together KB Advisory, Terrence Cutcher Foundation, partner Tulsa along with community to um start really looking into the Moton site and how we're going to develop it and what the community wants to see there.

So uh that was a huge um huge win for us this month.

Uh urban renewal plans, continued discussions on those, and as far as the next step in advancing the plan, and then as far as real estate goes, we did have our Archer RFP that was out.

Um we got some submissions back on that, so staff is reviewing those submissions, working on an amendment for one place, um3D flats contract, and then also amendment for 22 North Utica contract for sale.

Um that should be coming you guys' way pretty soon.

And we also attended the RAOC meeting with the city.

Yeah.

That was a great meeting that we attended at the uh library.

It was great.

I think we had a lot of good.

That was good.

That's a good diverse community uh discussion support.

So Gary, tell us what tell us all about.

Well, I think you guys have already heard in the previous meeting.

This essentially the two main priorities that we're working on are to continue to be the TIFA grant and the community impact initiative.

And I think as I mentioned, uh two key deliverables in the TIFA grant were the completion of the market analysis and uh existing conditions uh analysis.

And so um we uh we're uh there was some good information in both of those documents um that helped and will help inform the decisions around Kerpatrick Heights and um you know uh steps going forward and uh what the possibilities are there.

So uh we're excited about that.

Uh and as I mentioned um uh earlier, uh I think uh we we hope to have uh a briefing that would include TDA commissioners and GLC board members as well as um probably members of the mayor's office to talk about the findings of uh of uh the market analysis and the existing conditions, and uh I think we're gonna work with try to work with the consultants to get something possibly scheduled next month, uh, but it could be in May.

So we'll we'll uh we'll keep the the work is rapidly uh being completed.

Um and uh INES continues to to work on the community impact initiative.

We'll be bringing three contracts forward uh on that uh uh just uh three neighborhood projects these are thirty thousand dollar grants for community groups to complete projects in their uh neighborhood and involving their residents.

So that's really really it.

Thank you.

Thanks.

Appreciate it.

Okay, uh that completes our monthly staff reports, I believe.

Um item number nine, commission requests for future agenda items relevant to commission business.

Do we have any such new business?

I'm sure we will.

Uh by no objection, this meeting is now adjourned.

You don't want to rush those situations, you want to spend the extra time.

I believe.