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Trust ratifies memorandum of agreement to support commercial air service development
2793789 · March 27, 2025
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Summary
The Economic Development Trust ratified a memorandum of agreement to facilitate a state-funded commercial air service development program; staff said a prior local allocation of $500,000 would satisfy a required 20% match for a $2,000,000 state award.
The Oklahoma City Economic Development Trust voted to ratify a memorandum of agreement with the Alliance for Economic Development to support a commercial air service development program, staff said at the meeting.
Mr. Sutil, Economic Development Trust staff member, said the trust previously set aside $500,000 in…
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