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Council approves up to $8 million indebtedness for Tulsa Authority for Economic Opportunity; waives competitive bidding

5034008 · June 18, 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

The council approved a resolution permitting the trustees of the Tulsa Authority for Economic Opportunity (TAEO) to incur indebtedness of up to $8 million, along with motions to waive competitive bidding and enact an emergency clause.

The Tulsa City Council approved a resolution (item 4b) authorizing the trustees of the Tulsa Authority for Economic Opportunity to incur indebtedness in an aggregate principal amount not to exceed $8,000,000. The council also voted to waive competitive bidding for the related…

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