First underutilized property to be sold
$130,000 winning bid received for former OETA studio
*UPDATED* (Bid price corrected in subhed)
OKLAHOMA CITY — The Office of Management and Enterprise Services has received a
winning bid for what will be the first state property sold under a new law designed
to liquidate or repurpose underutilized state assets.
The former Oklahoma Educational Television Authority studio at
811 N. Sheridan Rd. in Tulsa was identified as underutilized last year under
the Oklahoma State Government Asset Reduction and Cost Savings Program, which
requires that the five percent most underutilized state-owned properties be identified
and potential for sale be assessed.
A sealed bid auction for the property conducted by the OMES
Division of Capital Assets Management between June 7 and June 28 resulted in the
highest bid of $130,000 winning the auction. The minimum bid was $99,000.
“OMES will be working with other agencies to sell more
underutilized properties like this in the coming months and years. It’s a
worthwhile effort to responsibly manage and maintain taxpayer assets,” said OMES
Director Preston L. Doerflinger.
The sale of the 6,500 square-foot building, which was being used
only for storage, is expected to close in the next 60 days.
In accordance with the Oklahoma State Government Asset Reduction
and Cost Savings Program, proceeds from the sale after fees and expenses will
be deposited in the Maintenance of State Buildings Revolving Fund, which was created
to provide ongoing maintenance to state properties. The fund received a $30 million startup appropriation under
the Fiscal Year 2014 state budget agreement.
Expenditures from the Maintenance of State Buildings Revolving
Fund will be recommended by the Long Range Capital Planning Commission in
accordance with House Bill 1910, which was signed into law this past
legislative session. HB 1910 was authored by House Speaker T.W. Shannon, who
also authored previous legislation creating the Oklahoma State Government Asset
Reduction and Cost Savings Program.
at the will of the people, and we must strive to become better stewards of the
taxpayers’ money and infrastructure,” said Speaker Shannon, R-Lawton. “The
liquidation of this property is the first of many steps towards creating a new
era of responsible maintenance of state infrastructure.”
Director of Public Affairs, OMES
(405) 521-3097 | email@example.com
Communications Director, Office of the Speaker
(405) 962-7674 | firstname.lastname@example.org
About the Office of Management and Enterprise Services
The Office of Management and Enterprise Services provides financial, property, purchasing, human resources and information technology services to all state agencies, and assists the Governor’s Office on budgetary policy matters. Our mission: To lead, support, and serve. For more information, visit OMES.OK.gov.