About PCDA
The Ponca City Development Authority (PCDA) is a Public Trust, incorporated in the State of Oklahoma The Trust was formed on July 1, 2003 to benefit Ponca City, an incoporated Oklahoma city. The specific actions, responsibilities and organizations framework are documented in the Authority's Trust Indenture.
PCDA is funded by a one half cent sales tax measure approved by the voters of Ponca City in 1994 and extended in October, 2003. This measure was extended by the voters for another five years on July 29th, 2008. The City of Ponca City also collects the funds and disburses them to PCDA on a monthly basis.
The Authority currently employs five people with a physical office under lease in the Ponca City Chamber of Commerce building. In addition, the Authority holds leases for the purposes of leasing back to job producing companies, as well as ownership of real estate in three buildings.
The Authority is governed by a seven member board of trustees, as set forth in the Trust Indenture. The Trustees are appointed by the City Commission and act independently with the authority to assign and otherwise expend the public and private funds controlled by the PCDA. Board meetings are the 2nd Thursday of each month, 7:30 am at the Chamber of Commerce Conference Room located on the corner of Fifth and Grand. Agendas for these meetings are posted on the front page of the website under "Headlines & Events".
PCDA Board Meeting Dates
January 14, 2010
February 11, 2010
March 11, 2010
April 8, 2010
May 13, 2010
June 10, 2010
July 8, 2010
August 12, 2010
September 9, 2010
October 14, 2010
November 11, 2010
December 9, 2010
