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Record of Proceedings

Tulsa Development Authority Meeting - April 23, 2026

City Council — Thursday, April 23, 2026
BodyTulsa, Oklahoma
SessionCity Council
DateThursday, April 23, 2026
StatusFILED
Video Record
0:00 / 33:24

Original source
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0:13

Okay, good morning.

0:15

Welcome to the Tulsa Development Authority.

0:18

Thursday, April 23rd, uh 2026 meeting.

0:23

I'm not asking Philism, as you can tell, I'm I'm Carl Bracey, the vice chair, uh stepping in her stead while she's out of town.

0:32

So I issue would you uh call the roll, please?

0:35

Yes, call bracey here, Ellion Hurst Adam here, Jennifer Griffin here, Steve Mitchell.

0:41

Here great.

0:44

We have a quorum item two review of consent agenda and request to remove items from the consent agenda, separate discussion and consideration.

0:53

Do we have any association items you only have two there?

1:02

Hearing none, item three consideration of the consent agenda routine and repair device for discussion.

1:10

We talk about that.

1:11

So do I have a motion to accept the consent agenda?

1:15

So moved.

1:17

Second.

1:19

I hear a second.

1:20

Oh second.

1:21

Okay.

1:25

Yes.

1:27

Yes.

1:27

Jennifer Griffin?

1:28

Yes.

1:28

Steve Mitchell.

1:29

Yes.

1:30

Motion approved.

1:33

Item number four.

1:35

We had now items removed from the consent agenda.

1:38

Let's move quickly to item number five.

1:42

Consideration discussion approve amend revise or reject an amendment to a contract to sell of land for private development with 22 North Utica.

1:52

Vicky, you're on the clock.

1:55

Thank you.

1:58

So this is as you mentioned, 22 North Utica.

2:02

The developer entered into a contract for the land in 2022.

2:09

He has been getting his financing together.

2:20

So needless to say, his project has been delayed.

2:24

He is requesting an amendment to this contract for sale of land and private redevelopment to allow him more time to complete the project.

2:36

He is aiming for construction to start June 1.

2:41

I know he's already submitted his IDP, his documents for IDP, and he's already submitted his documents for permitting.

2:48

So they are on the road.

2:58

So he's now able to fit 45 units in this congregate style building instead of uh the 40 that we initially thought about.

3:06

So that's a good thing.

3:08

Um another thing to mention uh for this particular project is that he has picked up a very healthy team of people to help him move this project forward.

3:21

So Brent Gaithright is helping him with all the pre-construction items, and he has uh good people in his team right now to move this forward.

3:32

So we are requesting that this second amendment be approved.

3:37

Any questions?

3:38

How we're out is he looking the extension to he is looking to start June 1 and be finished by December of 27.

3:48

Yeah.

3:52

Any questions, comments?

3:55

I have a motion.

3:56

I'm motion second.

3:59

I issue, please call a roll.

4:03

Paul Gracie?

4:04

Yes.

4:04

Elliot.

4:05

Yes, Jennifer Griffin.

4:07

Yes, Steve Mitchell.

4:08

Yes.

4:08

Motion agreement.

4:09

Thank you.

4:11

Item number six, consider discussion, approval, amend or reject.

4:15

Advise or reject a terminating of contract for the sale of land for private development to Axum Company, LLC for private located Tulsa.

Discussion Breakdown — Share of Meeting
Economic Development█████████████████████████████████████████████66%
Fiscal Sustainability████████████18%
Procedural███████████16%
Summary of Proceedings

Tulsa Development Authority Meeting - April 23, 2026

The Tulsa Development Authority met on Thursday, April 23, 2026, at 16:45 UTC, chaired by Vice Chair Carl Bracey in the absence of Chair Philism. A quorum was present. The board approved several items, including an extension for a development project, a mutual termination of a contract, and a new amendment for a large parcel development. The board also reviewed the proposed budget and discussed strategies for supporting small-scale developers.

Consent Calendar

  • The consent agenda was approved unanimously, with no items removed.

Discussion Items

  • Amendment to Contract for Sale of Land – 22 North Utica: The developer requested a second amendment to extend the timeline for a congregate-style residential project. The project now includes 45 units (up from 40). Construction is planned to start June 1, 2026, and be completed by December 2027. The board approved the amendment unanimously.
  • Termination of Contract for Sale of Land – Axum Company, LLC: The contract was mutually terminated effective April 20, 2026. The $800 good faith deposit was retained by TDA. The board approved the termination unanimously.
  • Amendment with Home Run LLC for 23 Parcels (Martin Luther King Boulevard): The board approved the form of the first amendment, which establishes a lot-by-lot release framework for the remaining 23 parcels. The approval is subject to no material changes from the developer's attorney. The property was originally part of a 2005 contract with Ultim Homes, foreclosed in 2008 and purchased by Home Run in 2016.
  • Budget Presentation: Staff presented the proposed TDA operating fund budget and Lansing budget. Notable changes include no management fee to TAO (saving $50,000), increased interest revenue projections, and addition of TIFIA grant expenditures. The budget is expected to be finalized next month.
  • Staff Report: Updates on urban renewal plans for Crosby Heights (focusing on discussions with Councilor Bellis) and Greenwood Unity Heritage (councilor declined to discuss). Also, Archer property RFPs were covered.
  • Discussion on Developer Support: Board members discussed challenges faced by small-scale developers, including financing, design, and navigating the system. Ideas included building a network of local banks, providing educational resources, and potentially using TDA's unique position to articulate friction points to other entities. No formal action was taken.

Key Outcomes

  • Approved second amendment for 22 North Utica (unanimous vote: Carl Bracey, Elliot Hurst, Jennifer Griffin, Steve Mitchell).
  • Approved termination of contract with Axum Company, LLC (unanimous).
  • Approved form of first amendment with Home Run LLC, subject to no material changes (unanimous).
  • Budget to be brought back next month for final approval.
  • Staff to continue work on historic revenue streams and future planning for TDA assets, including a potential board retreat discussion.

Meeting Transcript

Okay, good morning. Welcome to the Tulsa Development Authority. Thursday, April 23rd, uh 2026 meeting. I'm not asking Philism, as you can tell, I'm I'm Carl Bracey, the vice chair, uh stepping in her stead while she's out of town. So I issue would you uh call the roll, please? Yes, call bracey here, Ellion Hurst Adam here, Jennifer Griffin here, Steve Mitchell. Here great. We have a quorum item two review of consent agenda and request to remove items from the consent agenda, separate discussion and consideration. Do we have any association items you only have two there? Hearing none, item three consideration of the consent agenda routine and repair device for discussion. We talk about that. So do I have a motion to accept the consent agenda? So moved. Second. I hear a second. Oh second. Okay. Yes. Yes. Jennifer Griffin? Yes. Steve Mitchell. Yes. Motion approved. Item number four. We had now items removed from the consent agenda. Let's move quickly to item number five. Consideration discussion approve amend revise or reject an amendment to a contract to sell of land for private development with 22 North Utica. Vicky, you're on the clock. Thank you. So this is as you mentioned, 22 North Utica. The developer entered into a contract for the land in 2022. He has been getting his financing together. So needless to say, his project has been delayed. He is requesting an amendment to this contract for sale of land and private redevelopment to allow him more time to complete the project. He is aiming for construction to start June 1. I know he's already submitted his IDP, his documents for IDP, and he's already submitted his documents for permitting. So they are on the road. So he's now able to fit 45 units in this congregate style building instead of uh the 40 that we initially thought about. So that's a good thing. Um another thing to mention uh for this particular project is that he has picked up a very healthy team of people to help him move this project forward. So Brent Gaithright is helping him with all the pre-construction items, and he has uh good people in his team right now to move this forward. So we are requesting that this second amendment be approved. Any questions? How we're out is he looking the extension to he is looking to start June 1 and be finished by December of 27. Yeah. Any questions, comments? I have a motion. I'm motion second. I issue, please call a roll.

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