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Del City EDA authorizes sale of 5213 Southeast 15th Street after executive session
Summary
After a joint executive session under Oklahoma law to discuss purchase/appraisal of real property, the Del City Economic Development Authority voted to approve the sale of 5213 Southeast 15th Street and authorized execution of sale documents by the chair and trust manager.
The Del City Economic Development Authority (DCEDA) approved a sale of property at 5213 Southeast 15th Street following a joint executive session.
Trustees recessed to a joint executive session under the Oklahoma Open Meetings Act to discuss the purchase or appraisal of real property, including 5213 Southeast 15th Street. After returning to open session, DCEDA moved to approve the sale as discussed in executive session and authorized the chair and the trust manager to execute all documents necessary to complete the transaction. The motion passed on a roll-call vote of trustees.
The city council later returned to open session and voted to take no action on any city-council-level items arising from the executive session.
What happens next: The EDA chair and trust manager were authorized to complete the sale documentation and move forward with the transaction; details of the purchaser, the sale price and closing timeline were not stated on the public record at the meeting.
