NewThu, Jun 25, 2026·Tulsa, Oklahoma·City Council

Tulsa Authority for Economic Opportunity Regular Board Meeting – June 25, 2026

Discussion Breakdown

Historic Preservation24%
Miscellaneous10%
Economic Development8%
Animal Welfare8%
Affordable Housing7%
Public Safety7%
Engineering And Infrastructure5%
Parks and Recreation5%
Procedural4%
Mental Health Awareness4%
Technology and Innovation3%
Community Engagement3%
Water And Wastewater Management3%
Homelessness2%
Fiscal Sustainability1%
Personnel Matters1%
Youth Programs1%
Transportation Safety1%
Environmental Protection1%
Arts And Culture1%
Active Transportation1%

Summary

Tulsa Authority for Economic Opportunity Regular Board Meeting – June 25, 2026

The Tulsa Authority for Economic Opportunity (TAO) held its regular board meeting on Thursday, June 25, 2026. The board approved a consent agenda, a software agreement, a lease amendment, an administrative fee change, and two related agreements for the Just Home Project, a $2 million initiative to provide housing for justice-involved individuals. Staff updates included the retirement of SVP Vicky and the promotion of Nia.

Consent Calendar

  • Items A through F were approved unanimously with no requests for separate discussion.

Discussion Items

  • Agreement with GovSense Platform (Item 5): Staff presented a cloud-based government resource planning tool (Oracle-backed) for financial management, not to exceed $136,240. Discussion covered security (trust in Oracle's scale), annual subscription increases (~3%), and the desire to explore multi-year contracts in the future. The motion passed unanimously.
  • Fourth Amendment to Lease Agreement (Item 6): Staff requested moving from the 7th to the 11th floor of the same building to accommodate growth, with no cost to TAO (Sixth, a car rental company expanding, covering the move). The initial document in the packet was incomplete; a corrected version was uploaded and approved unanimously. The lease extends through June 30, 2027, with rent remaining flat for the first year.
  • Seventh Amendment to Affordable Housing Trust Fund Administration (Item 7): Simplified the administrative fee from a combined 1%+3% structure to a flat 4% fee, consistent with other funds. Approved unanimously.
  • Loan Agreement with MacArthur Foundation (Item 8): TAO will accept a $2 million loan from the MacArthur Foundation (1% interest, 10-year term) for the Just Home Project, which provides housing and services for previously justice-involved individuals. The loan will be sub-loaned to a developer. Approved unanimously.
  • Development Agreement with Robertson Properties (Item 9): A sub-loan of up to $2 million to Robertson Properties for the acquisition and rehabilitation of three properties, delivering 23 units with 10-year affordability covenants. Trustees raised concerns about the lack of an RFP process for developer selection and the absence of construction-lender-style inspections, but praised the project. The developer agreed to a personal guarantee and first mortgage position. Approved unanimously.

Key Outcomes

  • All agenda items (consent calendar, Items 5, 6, 7, 8, 9) were approved by unanimous roll-call votes.
  • Staff announced the retirement of SVP Vicky, effective June 30, 2026, with Nia promoted to Senior Vice President of Real Estate and Asset Management.
  • The board received a financial review showing revenues exceeded expenses for the month.
  • Upcoming presentations were noted: a retail strategy update in August and a Rose Rock Bridge update in July.

Meeting Transcript

Oh, well, the water. Well, you're a little bit more than a lot. All right. Good morning. Welcome to the Tulsa Authority for Economic Opportunity regular board meeting for Thursday, June the twenty fifth. We are in order and let's call the role. Yes. Craig Abraham. Here. Counselor Bingle. Here. Call Bracey. Tyler Duncan. Here. Jennifer Griffin. Elliot Hertata. Andy McMillan. I'm here. Steve Mitchell. Joan Parkhurst. Ashley Phillipson. Katie Blahke. Aaron Parsley. Here. Sorrell Sigford. We have a forum. All right. Item two review of the consent agenda requests to remove any items for separate discussion consideration and vote. Any such requests from the trustees? Hearing none. Item three, consider discuss and approve, amend revisor reject vote to approve consent agenda items A through F, as noted in your agenda and in your meeting packets. Craig Abraham. Sorry. Call Brazy. Tyler Duncan. Yes. Andy McMillan. Yes. Ashley Phillipson? Yes. Aaron Parsley. Yes. Item four with the consideration of any items removed. There were none. So we move on to item five. Consider discussion approved men revised an agreement with GovSense platform. Not to exceed 136 to 40. Renita and Lynn. What'd you say? All right, good morning.