Economic Development Incentive Policy.
Tulsa Revised Ordinances tit. 6, § 206
in effectSection 206. - Economic Development Incentive Policy.
A. Scope. This section shall apply to the appropriation of funds derived from sales tax ordinances and offered to third parties for the purpose of incentivizing economic development. This includes but is not limited to the Downtown Development and Redevelopment Fund, Economic Development Infrastructure Fund, Retail Incentive Policy, Retail Revolving Loan Fund, Affordable Housing Trust Fund, and any changes thereto, as well as any new economic incentive programs developed for the purpose of incentivizing economic development or similar purposes that are supported in whole or in part by City of Tulsa funds. This section shall apply regardless of whether the economic incentive policies are administered by the City of Tulsa or contracted through an outside entity. Economic incentive programs facilitated by the Route 66 Commission or governed by a more specific ordinance are not within the scope of this section.
B. Procedure.
1. Prior to the expiration of ninety days after the effective date of this ordinance, the City shall adopt by Resolution an Economic Development Incentive Policy for the funds described in Subsection 206.A of this section.
2. The Economic Development Incentive Policy shall include the policies, processes, and review procedures for economic development incentives.
3. Any subsequent amendments to the policies, processes, and review procedures shall be approved by the Mayor and Council through Resolution.
(Ord. No. 25080, § 1, 6-28-2023)
Source: City of Tulsa, Revised Ordinances and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/ok/tulsa/codes/code_of_ordinances?nodeId=COOR_TIT6FIDE_CH2BU_S206ECDEINPOFetched: 10/28/2026