This is the uh May 28th 2026 Tulsa Development Authority meeting.

Welcome and let's call the roll.

I issue.

Call Bracy here.

Ellion Hurtada.

Here.

Jennifer Griffith.

Here.

Steve Mitchell.

Ashley Phillips.

As you can see, I'm stepping in for Ashley, who is out as vice chair of the commission.

You should have a copy of the agenda before you.

Those in the room, there's agendas available in the rear.

First item on the agenda for today, review of consent agenda and request to remove items from the consent agenda for separate discussions, consideration, vote.

Do we have such requests?

Yes.

Do we have no no?

Do we have any item to remove?

Oh no.

Okay, good.

Hearing none, move on to item three.

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

Amendments for my April 23rd meeting and a budget amendment uh CDBG land sales proceeds to the Tulsa amount of 41,315 14.

Do you have a motion?

I so move.

Second.

I issue, please call a roll.

Yes.

Call bracing.

Yes.

Jennifer Griffin.

Yes.

Ellion Hurtada.

Yes.

Motion approved.

And we'll move on beyond item four, as we didn't have an item for to remove.

Also want to make uh uh recognized thanks, Eric, for a step again.

Uh for jot today.

Pleasure.

His absence.

Appreciate it.

Item number five.

Um, you're busy later today.

Uh consideration to discuss our annual budget.

So there haven't been any changes since I presented these uh two budgets last month.

Um the uh operating fund we predict a income next year of $86,000 and landing budget uh income of almost $15,000.

So any questions?

It's good to hear that we are operating in the in the black.

Uh we'll see.

We'll see.

It's dependent on a few things.

One of the things that you'll notice is that um we we took out the um management fee that would go to Tao.

So since we no longer have that um in the budget, it it helps.

So um the other thing it's it's dependent on is um the uh land sales.

Um another thing I wanted to point out is that the TIFIA expenses completely match the uh TIPA revenues other than the admin fee for it.

So it looks like uh a lot of expenses up there, but they they're offset by this figure down here.

So, good that's all.

Any questions of Lynn?

The budget committee reviewed that as well.

Uh so we're good.

Thank you.

Any other thoughts, questions, comments?

Um, I tell you, say that don't don't leave because you're rocking as we move through item five and six.

Uh we item from financial real estate, we'll move down to item number seven for budget to actual report.

Okay, do we need to take a vote on these?

Uh yes, we do.

We do need to do take a vote.

Uh on item number five annual budget for toss the development authority.

I motion to approve.

Second.

I issue.

Call bracy.

Yes.

Jennifer Griffith.

Yes.

Ellion Hertata.

Yes.

Motion approved.

And the second item item six uh consideration discussed amended revise the budget for the Lansing building.

Budget.

Do we have a motion?

So move.

Second.

Call bracy.

Yes.

Jennifer Griffith, yes, motion approved.

Excellent.

Okay.

Then on the budget to actuals, there's really nothing to to discuss this uh month.

I think it's um if you go one more page, yeah.

I put the check marks and they're all green.

So uh revenues have been higher than we expected, expenses have been lower, so we're in good shape.

Good.

Oh, green.

I'll I sit at TL meeting.

Yeah, at green is a good indicator, so forth.

My apologies for anyone who might be colorblind.

It's only five.

But there's checks and exits.

Yeah.

And I need to I did that with the Lancing Fund too.

So I didn't do it on all the lines, I just did it on the revenues and expenses.

So I think that's back on page seven, maybe.

There's graphs you can look at if you want to.

Um, right there.

So higher revenues, lower expenses.

Again, we're in good shape, nothing um unusual happened this past month.

Good.

Any questions?

Thank you.

Job well done.

Yeah.

Monthly staff report.

Uh any uh take your time, take your time.

Take your time.

Real estate's first.

Who's up next?

Finance and real estate.

Is that who's up first?

Oh well, that's a lot.

Uh queue up, so we're not wasting time.

You are queuing up.

Okay.

Do you want to talk about that?

Yeah.

Uh for the modern project.

Uh, we've had a few meetings over the past few weeks, uh, one with KB Advisory.

They are starting to get into the disposition strategy, um, and kind of playing with different options on how, based on how the site would be laid out, uh, this might be our anticipated income.

Um, so looking at the disposition strategy and then moving into what that RFP looks like, but we're also still uh doing community engagement and focus groups uh with different uh different groups around the city to kind of gauge what the community would like to see at the site.

Uh but we also met with the planning office just yesterday, uh, so they can kind of look at the site and give us some insight on uh infrastructure, what type of um based on the layout and the kind of the uh the structure of the site, what will we need to look into as far as infrastructure uh the IDP process.

Uh so we'll continue those conversations with the IDP team with the city of Tulsa uh kind of looking at how we can phase the development of the site and how to best kind of get the the best um kind of density within the site without overloading the current infrastructure.

Um and then the next part on the real estate, we're looking at uh revisiting the tax sale, the Tulsa County tax sale process.

Uh we're looking at lowering the amount that we would go to the tax hell for uh 25 uh thousand dollars.

Uh there's obviously hundreds of properties that would be available.

So if we walk away with anything, we're not sure yet, but um we we did lower uh the amount that we plan to go into uh the tax sale with uh just kind of an exercise to see if there's something that maybe works.

When is the sale?

Yeah, June 8th, I'm gonna say June 8th, yeah.

Yeah, you want to talk about urban or the sector plan?

Sure.

We have been working with counselor Bellis on the Crosby Heights neighborhood about an urban renewal plan specifically at this point though.

What we're wanting is community input.

What do community leaders feel their neighborhood needs, what would they like to see?

So councillor Bellis gave us some names of some community leaders, and we are reaching out and trying to set up a date with them so that we can have a first conversation.

Very much looking forward to that, and then we'll move forward thereafter.

But I gotta say, having Emily Palmeroy with CEDL on board is very very helpful to steer that conversation.

Mr.

Bracey, yeah.

Any new development on Kirkpatrick Heights?

Heights plan, the urban rural plan.

Uh any others, no, right now we're just uh trying to get a date together that satisfies most people to be able to start that conversation.

I've had responses from some of the neighborhood leaders we're working with about things they don't want to see.

So I think that'll be uh a very good conversation to have in person.

I think that's important to do that.

More to come for certain.

Thank you.

I think you guys heard uh the conversation just on the TIFA TIPA grant, and uh our our um both our stakeholder meeting last week and our um technical advisory committee meeting just yesterday and so that again that's uh moving forward work's going well um and the value that's the value added information that's coming out of it is good to inform all the stakeholders about what the prospects are there, what the challenges are and the barriers are so um again then the next two things are gonna happen with that are a community engagement meeting potentially at the end of of June and maybe another uh community engagement event possibly in July.

Um, and then for TDA we'll be bringing forward uh an amendment uh to the high ground contract, which which actually is just an addition to not really necessarily an amendment, um, but for to fund uh eighty thousand dollars in engineering analysis on the Karatchikes Greenwood Masculine area to to look at the uh water, sewer, and stormwater.

Um, and so uh the community impact initiative, like I said, you guys heard about that.

Inez is uh moving forward with that.

Um and I would just add some color to just to what Vicky presented on the urban rural plans.

I think that um the urban rural plan working with Crosby Heights is a good um we've talked about it as a um as a pilot relaunching these programs and kind of workshopping that process so that we can really replicate that process and kind of work through the steps with the community to try to workshop this in a way that we can move forward with other plans.

So um, so anyway, that'll be a really good um addition.

So yeah, because I appreciate Council Bellis, willing to entertain our discussion uh uh about it because it's a very valuable tool for West Coast.

Absolutely.

Okay, is that it?

I know sometimes it seems to be redundant because we hear these also part of Tao, but to be consistent with how we're structured with TDA, we have to be somewhat repetitive, uh unfortunately, but I think that's good.

That's the nature of the differences between the partner tells and uh TDA.

So with that in mind, um item number nine, commissioner request for future agenda items relevant to commissioner business.

I know we'll have some uh I think uh but I'm sure we'll talk about that.

But more importantly, as moving to new business, uh I don't think we have any new business, but consistent what we've done with with Tao Elian.

You know, I remember when you first joined uh TDA and Tao and uh fully energy and so forth and uh with what we've drive and interest to want to do something um for your community, and I think you have done just that in your tenure.

Uh and you talked about leaving once before, and we said no, no, I didn't want to spend my time.

That's right.

I would not not let you go.

So appreciate what you've done.

Thank you for both TDA and also at comments on Tao as well.

So salute.

Anything else?

Go to the order.

Hear nothing else.

Do I have official motion to adjourn?

I'll let you make that motion.

I'll motion to adjourn.

AC Caldero.

Yes, sir.

Call Bracey.

Yes.

Jennifer Griffin.

Yes.

Eliana Hurtada?

Yes.

Thank you.

We are adjourned.

Thanks, everyone.

Thank you.

Thank you.