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Trust backs $400,000 TIF incentive to keep United Petroleum Transport’s corporate office downtown
Summary
The Trust approved up to $400,000 from TIF 8 to support United Petroleum Transport’s move into downtown corporate offices, contingent on project build‑out and hiring milestones; company leaders said the initial downtown headcount would be about 75 and emphasized safety and job growth.
The Oklahoma City Economic Development Trust voted Jan. 27 to authorize up to $400,000 from TIF District 8 to support relocation and build‑out of United Petroleum Transport’s downtown corporate office.
Matt Herndon, who identified himself as president and CEO of United Petroleum Transport, said the family‑owned company…
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