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Council authorizes transfer to secure streetcar insurance through public trust

5398721 · July 16, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council approved a joint resolution authorizing the Municipal Facilities Authority to acquire streetcar insurance and a transfer of $2,237,302 from the risk management fund to an OCMFA insurance administration fund to cover coverage retroactive to July 1, 2025.

The council approved a joint resolution with the Oklahoma City Municipal Facilities Authority authorizing purchase of insurance coverage for the streetcar and authorizing a fund transfer of $2,237,302 from the…

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