City Of Tulsa & IC Bus Reach Agreement, Officials Say

The City of Tulsa has come to an agreement with one of it largest employers after a months long dispute over rent.

The City of Tulsa said a new 20-year agreement has been reached to keep IC Bus and its more than 1,600 jobs at Tulsa International Airport.

In a statement, Mayor Bynum said "this agreement establishes a win-win partnership between the City of Tulsa and the IC Bus for decades to come."

The facility is the world's leading producer of school buses and spends $750 million a year on vendors and suppliers, including more than 100 Oklahoma-based businesses.