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Tulsa staff outline $245,839 judgment tied to Performing Arts Center renovation dispute
Summary
City staff told the Public Works Committee they will ask the council to approve $245,839.08 to settle litigation with Construction Enterprises Inc. over Performing Arts Center lobby renovations.
City officials told the Public Works Committee they will seek council approval to pay $245,839.08 to Construction Enterprises Inc. and to forward payment paperwork to the county for levy repayment over three years, resolving a litigation over lobby renovations at the Tulsa Performing Arts Center.
Chad Becker of the Treasury Department said the sinking fund had sufficient cash to make the payment; he reported a sinking-fund balance of about $79.2 million as of the…
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