[{"_1":2,"_100":-5,"_101":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,88],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6234947,"mediaKeyId","3408740-079997c2d0f755055c5656955f60c635","parentId",3408740,"title","MAPS 4 update: arena and Fairgrounds coliseum near completion; shelters, sidewalks and social‑service projects advancing","audioSeconds",1027,"startMs",2709000,"endMs",3736000,"viewUrl","/Search/View?dp=1&key=3408740-079997c2d0f755055c5656955f60c635&start=2709&end=3736","thumbnailUrl","https://assets.pipeline.soar.com/3408740-079997c2d0f755055c5656955f60c635/thumbnail_2709000.jpg","articleUrl","/articles/6234947/Oklahoma/MAPS-4-update-arena-and-Fairgrounds-coliseum-near-completion-shelters-sidewalks-and-socialservice-projects-advancing","mediaUrl","https://secure.pipeline.soar.com/6234947-4eadf1deed4d0056698f14d187b7a814/orig.mp4?Expires=1771141083&Signature=kx1N5r9vGhbj~i-gaol8qtkhjfSh-stw4ZLP3PU9p1I~spoiCkFohLCIYpoHkDtTnO3joTGjM2cNzrOVxpTbQ5HYb~TkfgqYAI-o5LxUYlx5ffyu9pg1dLdeE0E9VMFxAfgMjJcc~YJG7EjnIDf~j0LHZ3LaoEP25Ogv96x-9SjHOc2YXyejbzTowSWqnSOE21ULm829WJucItUdSKHw0g6YNc8O67OfZHnJTX2qRZRf14G0EO8wU6YQo0N9YHo2OXZQrc6FUgZ7~u2mZ8m9As9xrmHB4Qqg7gCtLGHNtpOd1iAuN565dHZ47CB92F~96-rvs8k~JmcFr85z1HMUGg__&Key-Pair-Id=KUT5TJCACFTXG","author","City of Oklahoma","date","2025-05-20T18:29:24.85Z","article","City of Oklahoma City MAPS Program Manager David Todd and staff briefed trustees on May 19 with a high-level status update on MAPS 4, covering 16 project groups and roughly 95 projects across six subcommittees.

Todd said the Clara Luper Civil Rights Center has a $17,000,000 allocation, an operator (the Freedom Center) and an architect; a preliminary report is scheduled to go to city council the next day. On homelessness and related services, Todd said MAPS had allocated funds to the Oklahoma City Housing Authority and is pursuing a strategy to leverage the allocated amount into larger financing (loan and tax-credit structures) to support new construction, renovations and acquisitions. Todd described Diversion Hub (on Linwood Boulevard) as under construction with most structural steel up and an anticipated completion roughly a year from now.

The nut graf: trustees were given a comprehensive program update rather than asked to take action; multiple preliminary reports and master plans are being routed to city council and several projects are actively in construction or procurement.

Todd reported the Family Justice Center recently held a groundbreaking; the 70,000‑square‑foot, three‑story building is under development across from the existing Palomar facility. He said the mental‑health program includes a crisis center (preliminary report due to council), a restoration center in design that will include methamphetamine detox and addiction services, and supportive housing for which staff will issue a new request for proposals to select an operator.

On connectivity, Todd said the beautification master plan is going to council and will deliver smaller, targeted improvements — for example, a Bessie Coleman garden at the airport and gateway landscaping. Transit projects include two planned bus rapid transit (BRT) corridors — northeast and south routes — that have been routed but await design because MAPS is pay‑as‑you‑go and funding must be available before design starts. The city has installed about 50 new bus shelters and associated pads; sidewalk, bike lane and trail projects are in various stages, with two sidewalks and two bike lanes currently under construction and additional designs and bids in process. Todd said the trail project will link the May Avenue viaduct work to Earlywine Park.

In the Innovation District, Innovation Hall is complete and open. The H.B. Foster Center renovation is in preliminary report stage and expected to enter construction by late summer; the center is intended as a minority business incubator. Neighborhood investments include four youth centers in partnership with the Boys & Girls Club (existing sites and one acquired church), a parks master plan covering 107 neighborhood parks with near‑term improvements planned, and a new animal welfare center that has started construction and will be roughly 2.5 times the footprint of the current facility with clinic space and separate intake/adoption entrances.

Under venues, Todd said the multipurpose stadium is in design with preliminary plans expected within months; the developer donated roughly nine acres in the former Producers Co‑op area for the stadium site. Paycom Arena received systems and seat upgrades to maintain operations while a new arena is built, and Fairgrounds Coliseum work is nearly complete with an opening anticipated in roughly two weeks.

Todd and staff answered trustee questions and noted upcoming council submissions for several preliminary reports. Trustees did not take policy actions during the presentation but commended staff for progress and frequent community events such as groundbreakings.

Todd closed with a reminder that MAPS projects are staged and funded as money becomes available, and that many items will return with design documents, procurement steps, or RFPs for operators.","mediaType","Video","parentTitle","Oklahoma City MAPS Investment and Operating Trust - 5/19/2025","oneSentenceSummary","City of Oklahoma City MAPS Program Manager David Todd and staff briefed trustees on May 19 with a high-level status update on MAPS 4, covering 16 project groups and roughly 95 projects across six subcommittees.","taxTitle","Other Public Meetings, Oklahoma City, Oklahoma County, Oklahoma","taxId",69689,"location","Oklahoma","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":81,"_47":82,"_49":83,"_51":84,"_53":85,"_55":56,"_57":58,"_59":86,"_61":62,"_63":64,"_65":87,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6234952,"MAPS trust approves FY26 occupancy budget with $5.15 million estimated revenue",82,2606000,2688000,"/Search/View?dp=1&key=3408740-079997c2d0f755055c5656955f60c635&start=2606&end=2688","https://assets.pipeline.soar.com/3408740-079997c2d0f755055c5656955f60c635/thumbnail_2606000.jpg","/articles/6234952/Oklahoma/MAPS-trust-approves-FY26-occupancy-budget-with-515-million-estimated-revenue","https://secure.pipeline.soar.com/6234952-9fa0191a7a11c97078a543a873971b5a/orig.mp4?Expires=1771141083&Signature=d4ITEy9JobBYnVC1yTtMZ8OOBHX22KmaNhV9mNSS8xEW6m1JWZ~1L5fIS9E0uRgk2j9SAINUu~pSt-JtGp67qqYewT~xwwy-dp-aNcx95Z6dV2UpWJHqBANf4qMY6Xn1kIn5-4E9qQqELJKteXPn-3sPvztoNY1heBDDxXsJSmDxKpXJg7OC~0rqJ1YiK0AtLRmctIEWz8nmUCxgs3HiDj60aKLQb4rwBtbc878C1rejps7wuhdcGCFDo3nt3xrS2ZjG6-UzP8i7-qNMT171SaKFctaHrkKw9Vdaic7tvALyCE9aJj-llfbOTe-d1O7j5M7iU1v3yksQuxGZkhSK6A__&Key-Pair-Id=KUT5TJCACFTXG","The Oklahoma City MAPS Investment and Operating Trust on May 19 approved its fiscal year 2026 occupancy budget, establishing revenue and expenditure budgets for July 1, 2025 through June 30, 2026.

Nicole Tower of the Office of Management and Budget presented the occupancy budget, stating the estimated revenues for FY26 total $5,150,000 and that the expenditures in the packet were prepared based on the 4% fund distribution the trustees previously approved.

The nut graf: trustees moved to approve the annual occupancy budget as presented; the motion passed during the meeting.

Tower summarized the key figures and said staff were available to answer questions; trustees had none and voted to approve the budget. The approval was recorded in the meeting minutes; the board took no related amendments at the time of the vote.

The budget vote followed earlier routine business including approval of minutes and receipt of the general manager and investment reports. As approved, the FY26 occupancy budget will govern revenue recognition and authorized expenditures for the trust’s occupancy-related items for the fiscal year beginning July 1.

The meeting record does not list a roll-call tally in the transcript; the motion passed per the chair’s announcement.","Trustees approved the MAPS FY26 annual occupancy budget establishing revenue and expenditure budgets for July 1, 2025–June 30, 2026; estimated revenue is $5,150,000 and expenditures are based on the 4% distribution policy previously approved by the board.",{"_33":89,"_35":36,"_37":38,"_39":90,"_41":91,"_43":92,"_45":93,"_47":94,"_49":95,"_51":96,"_53":97,"_55":56,"_57":58,"_59":98,"_61":62,"_63":64,"_65":99,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6234958,"MAPS trust receives quarterly investment report showing portfolio gains, cash reserves",2037,653000,2690000,"/Search/View?dp=1&key=3408740-079997c2d0f755055c5656955f60c635&start=653&end=2690","https://assets.pipeline.soar.com/3408740-079997c2d0f755055c5656955f60c635/thumbnail_653000.jpg","/articles/6234958/Oklahoma/MAPS-trust-receives-quarterly-investment-report-showing-portfolio-gains-cash-reserves","https://secure.pipeline.soar.com/6234958-3fa1d1b48734eddde61f73c64db0382d/orig.mp4?Expires=1771141083&Signature=PdoDd2hTrWh-VzVrUCtNLeQHbeq7LXIUhj3GXG5YTdO7leJoPG8ZWM6uwY40RsAIDHnLCDd3G224wYbpaG4~u1F9d6WWeDGVjYryK3tI-p03VQcsKU1sDALVTfhHQ9VjcPmzkW8UnjqcllMf80li0k3GbKcATjcX2jMN4nC3oYb6hEWxqR5~PvHiRQL4d8jZ1b~zAkryM-ysYiIM7-jxBCJF~EK-TWrpPO0zbtZPl4ehKlYBVP2GoWeeCE0cLkrSc3mYeAC8gxdkZrD9xLrgt92CyFYL0~KCqB~1NN8SgupL1ySinMaes1V7lGR4s-nvWZZJW06RiGLnw3y03LBOig__&Key-Pair-Id=KUT5TJCACFTXG","The Oklahoma City MAPS Investment and Operating Trust on May 19 received its quarterly investment report for the period ending March 31, 2025, and an April update that showed the portfolio remained above its corpus and produced positive trailing returns.

The report was presented by Doug (presenter), who told trustees the trust’s market value was “at a hundred and 32.9 at the end of the quarter” and that the portfolio had realized gains of $17,700,000 and income of $9,400,000 since inception. He said the trust maintains a large cash reserve — “about 4 and a half million dollars” — roughly equal to the potential allowable outlay, and that the strategy intentionally holds cash to shield near-term project outlays from market volatility.

The nut graf: trustees were asked to formally receive the report and a separate April 30 update. The board voted to receive the quarterly and monthly investment reports, making the findings part of the official record.

Doug summarized first-quarter market drivers, noting international diversification and fixed income outperformed when U.S. large-cap equities and small caps weakened. He described the quarter as one where “diversification worked,” citing positive returns in international equities and fixed income even as some U.S. sectors, including large-cap technology, declined. He pointed to cash and short-term bills as a useful tactical holding given current yields: “cash is a pretty decent alternative to fixed income in the current yield curve environment,” he said.

The presenter walked trustees through allocation and performance details: the trust’s total fund level was presented as roughly in the low-to-mid $130 millions, a three‑year return of about 4.21% (first recorded for the trust), and trailing one-year returns positive in aggregate. He also reported investment management expenses of approximately $270,000 for the most recent year and defended active managers in fixed income, citing outperformance net of fees for the core fixed income manager.

Trustees asked about credit‑rating actions and the impact of a recent sovereign downgrade; Doug said past experience showed mixed market reactions, and that downgrades are “attention getting” but do not automatically dictate strategy changes. He also discussed the trade-offs between passive and active management and said international equities were an area worth considering for active management in the future.

After questions, the trust formally voted to receive the quarterly investment report and the monthly reports for February, March and April 2025. The meeting record shows the motions passed; no manager was placed on a watch list.

Looking ahead, the presenter said policy review and gradual adjustments to allocations remain the primary levers if market conditions change. He recommended keeping the portfolio aligned with the trust’s spending objectives and protective cash posture so capital project funding is not impaired by short-term volatility.

Less critical procedural items included the board’s receipt of the general manager report earlier in the meeting and routine acceptance of the monthly reports.","The Oklahoma City MAPS Investment and Operating Trust received its quarterly investment report for the period ending March 31, 2025, and an April update showing the fund is above corpus, with positive trailing returns and a sizeable cash reserve held to shield projects from market volatility.","actionData","errors"]

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MAPS 4 update: arena and Fairgrounds coliseum near completion; shelters, sidewalks and social‑service projects advancing

MAPS trust approves FY26 occupancy budget with $5.15 million estimated revenue

MAPS trust receives quarterly investment report showing portfolio gains, cash reserves