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"It is the intention of the city and OCEDT (Oklahoma City Economic Development Trust) that the AICCM be operated so that the citizens of the city will have the benefit of the finest in amenities available also be provided with other types of entertainment not inconsistent with the main purpose of the AICCM such as rentable public event space, food and beverage facilities, children's areas, and an area for grand performances," according to a memo by City Manager Craig Freeman.
In 2017, the city and AICCM Land Development LLC, owned by the Chickasaw Nation, entered into an agreement to accept the property and make the museum work in exchange for $14 million.
"The foundation, to date, has provided $16 million to the state of Oklahoma towards the completion of the AICCM," city documents say.
Just when it seemed the entire deal was doomed, the Chickasaw Nation promised to complete and operate the AICCM and share the spotlight on the state's 39 tribes.
At the end of 2018, AICCM Land Development LLC, consultants for the nonprofit foundation created to run the museum, and the Chickasaw Nation asked the city to help compensate for limited traffic access, an active railroad line nearby, utility lines and other problems by amending the project plan and establish a tax increment finance district to help development.
According to the AICCM website, the center is projected to be ready for public opening in spring 2021.
At the beginning of 2016 and with the state's approval, the City Council approved a joint resolution with the Chickasaws to complete and operate the AICCM while granting development rights for the 100 acres surrounding the site.
In September this year, the sale of $25 million in state bonds was completed to fund the completion of the AICCM. Bill Lance, the tribe's secretary of commerce, said $65 million has already been collected for the project, and construction is slated to begin again in January.
Then at the beginning of 2016, City Council members approved a joint resolution with an unexpected partner: the Chickasaw Nation, which promised to complete and operate the AICCM with a spotlight on the state's 39 tribes.
City officials then signed a contract with the Chickasaws to move much of the land to the tribe's ownership via AICCM Land Development LLC while a related tribal foundation committed to raise at least $31 million in private donations.
On Tuesday, City Hall is scheduled to sign a contract with the Chickasaw Nation to move much of that land to the tribes ownership via AICCM Land Development LLC while agreeing that a related tribal foundation will raise $31 million in private donations.
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