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EDTA approves up to $35,000 marketing grant from Oklahoma Department of Commerce with 1:1 match
Summary
The Pryor Creek EDTA voted to accept up to $35,000 from the Oklahoma Department of Commerce’s Community Marketing Partnership Program, contingent on a required 1:1 local match and contract terms including monthly payouts and state clawback language.
The Pryor Creek EDTA voted to accept an offer from the Oklahoma Department of Commerce’s Community Marketing Partnership Program that would provide up to $35,000 in marketing funds, with a required local match for a total project allocation of up to $70,000.
Meeting discussion noted two key contract features: the program pays out funds in 12 monthly increments, and the contract includes language that could allow the state to rescind or claw back future payments if the state withdraws funding at a higher level. Board members also flagged that any work subject to city bidding rules must comply with those requirements.
A motion to approve acceptance of the grant was made and seconded; trustees approved the motion by roll-call vote. Staff said the EDTA must accept the offer by Dec. 1 to participate; the grant would be administered through the EDTA (the entity listed as the award recipient).
Trustees and staff discussed that the award is "up to" $35,000 and that the EDTA is not required to accept the full amount; the board may decide how to allocate matching funds and how to use the marketing dollars within contract rules.
