OTHERRECOMMENDED

Trust Recommends $13 Million Shields Plaza Incentive

The Oklahoma City Economic Development Trust recommended allocating up to $13 million to Zerby Partners, LLC for the Shields Plaza mixed-use redevelopment project. Reimbursement would be based on a portion of real property tax increment over 15 years following project completion, subject to City Council approval of the project plan.

Document date · October 8, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $13,000,000
Contract type
OTHER
Contract term
15 years after issuance of a Certificate of Completion by the OCEDT Project Manager; 85% of tax increment in years 1-5, 75% in years 6-10, and 30% in years 11-15
Renewal
No renewal option stated; assistance is structured as a 15-year tax-increment reimbursement schedule.
Document type
Agenda
Source document
Oklahoma City Economic Development Trust Agenda Shields Plaza Mixed-Use Redevelopment Project 2026-10-08

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Central Oklahoma Transportation and Parking Authority?

Zerby Partners Llc was awarded this government contract by Central Oklahoma Transportation and Parking Authority, as recorded on October 8, 2026. The contract value is Not to exceed $13,000,000.

How much is the Zerby Partners Llc contract with Central Oklahoma Transportation and Parking Authority worth?

The Zerby Partners Llc contract with Central Oklahoma Transportation and Parking Authority is valued at Not to exceed $13,000,000.

What type of contract is this?

This is a government contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Oklahoma City Economic Development Trust Agenda Shields Plaza Mixed-Use Redevelopment Project 2026-10-08 (Agenda), dated October 8, 2026 from Central Oklahoma Transportation and Parking Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Zerby Partners Llc hold?

Zerby Partners Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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