Oklahoma City Economic Development Trust
PRELIMINARY OFFICIAL STATEMENT DATED JANUARY 10, 2018 NEW ISSUE—BOOK‑ENTRY ONLY RATINGS: Moody’s: “Aa2 (negative)” S&P: “AA+ (stable)” See “RATINGS” herein INTEREST ON THE TAXABLE SERIES 2018 BONDS IS SUBJECT TO FEDERAL INCOME TAX. Interest on the Taxable Series 2018 Bonds is exempt from Oklahoma income taxation. See “TAX MATTERS” section herein. OKLAHOMA CITY ECONOMIC DEVELOPMENT TRUST Tax Increment Revenue Bonds (Increment District #2) $67,575,000* Taxable Series 2018 (Subject to Annual Appropriation) Dated: Date of Delivery Due: August 1, as shown on the inside cover The above‑described series of bonds (the “Taxable Series 2018 Bonds”) are being issued by the Oklahoma City Economic Development Trust (the “Issuer”), a public trust created for the use and benefit of The City of Oklahoma City (the “City”), to finance certain economic development projects in the Increment District #2 project area as designated in the Amended and Restated Downtown/MAPS Economic Development Project Plan dated February 23, 2016 (the “Project Plan”) and to refund certain outstanding note obligations, as described herein, to fund a Reserve Requirement, and to pay costs of issuance of the Taxable Series 2018 Bonds. To the extent available, proceeds of the Series 2018 Bonds may be used in connection with future economic development projects in the project area and as authorized in the Project Plan, as may be amended from time to time. The Taxable Series 2018 Bonds are being issued pursuant to a General Bond Indenture, dated as of January 1, 2018, by and between the Issuer and BOKF, NA, as trustee (the “Trustee”), as supplemented by a Series 2018 Supplemental Bond Indenture, dated as of January 1, 2018 (collectively, the “Indenture”), by and between the Issuer and the Trustee.
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