HomeMy WebLinkAbout2012.06.14_OEDA Agenda• ., • 1 -AVAI Us 11 WIj 4 COUM4
Notice and agenda filed in the office of the City Clerk and posted on the City Hall bulletin board
at 5:00 p.m. on Tuesday, June 12, 2012. ,..
Chelse"b 4.E. Harkins, Econ is Development Director
AGENDA
1. Call to Order
Mr. Sokolosky, Chairman
2. Consideration and appropriate action relating to a request for Trustee approval of the
Consent Agenda. All matters listed under "Consent" are considered by the Trustees to be
routine and will be enacted by one motion. Any Trustee may, however, remove an item
from the Consent Agenda by request. A motion to adopt the Consent Agenda is non -
debatable.
A. Approval of minutes of the April 12, 2012 Regular Meeting.
Attachment
B. Approval of claims.
Attachment
C. Acceptance of the monthly financial report.
Attachment
3. Consideration and appropriate action relating to a request for Trustee approval of
Resolution No. 2012 -01, adopting the FY 2012 -2013 Annual Operating Budget.
Ms. Bishop
Attachment
4. Discussion relating to the proposed FY 2012 -2013 Hotel Tax Fund Budget and General Fund
Economic Development Department Budget.
Ms. Bishop
Attachment
5. Report from the Public Works Director
Mr. Stevens
OEDA
April 12, 2012
Page 2
7. Report from Economic Development Director
11s. W,*l.rkits
8. Report from OEDA Manager
Mr. Ray
9. Report from OEDA Trustees
10. New Business (New Business .. is N any item of business which could not have been foreseen
1 .1 1
at the time 6!,postlhg of the ab- d k.L",6, 11
a
11. Adjournment
I
1, 0
1.
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MEETING OF THE
OWASSO ECONOMIC DEVELOPMMT AUTHORITY
MINUTES OF MEETING
Thursday, April 12, 2012
The Owasso Economic Development Authority met in regular session • Thursday, April 12, 20
in the Lower Level Conference Room at City Hall per the Notice of Public Meeting and Agen
posted on the City Hall bulletin board at 5:00 PM on Tuesday, April 10, 2012. 1
OMM I IN NOW IN • 19110 1
TIT*"-'kTH
Dee Sokolosky, Chairman
Frank Enzbrenner, Vice Chairman
Gary Akin, Trustee
Bryan Spriggs, Trustee
Steve Cataudella, Trustee
I IN -0 M M - FEW
I NJ I na lam em Lem I Low
11�2
ITEM 2: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR TRUSTEE
APPROVAL OF THE OEDA CONSENT AGENDA
A. Approval of minutes of the February 9, 2012 Regular Meeting
B. Approval of claims
C. Acceptance of the monthly financial report
Mr. Cataudella moved to approve the consent agenda, seconded by Mr.
Enzbrenner.
AYE: Sokolosky, Enzbrenner, Akin, Cataudella, Charney, Spriggs, Thomas
NAY: one
ABSTAIN:
Motion carried 7-0.
ITEM 8: NEW BUSINESS
Note.
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MEETING OF THE
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
MINUTES OF MEETING
Thursday, May 10, 2012
Due to a lack of quorum, the Owasso Economic Development Authority did not meet in regular
session on Thursday, May 10, 2012 in the Lower Level Conference Room at City Hall per the
Notice of Public Meeting and Agenda posted on the City Hall bulletin board at 5:00 PM on
Tuesday, May 8, 2012.
PRESENT
Dee Sokolosky, Chairman
Bryan Spriggs, Trustee
Dirk Thomas, Trustee
A quorum was not present.
ABSENT
Frank Enzbrenner, Vice Chairman
Gary Akin, Trustee
Steve Cataudella, Trustee
David Charney, Trustee
V r
- eject updates were provided by Community Development, Public Works, and Economic
I-evelopment. No action on any item was taken due to the lack of quorum.
I I
t
FROYI: CHELSEA HARKINS
ECONOMIC DEVELOPMENT DIRECTOR
1411,31*44
ff• ** *�
TO: THE HONORABLE CHAIRMAN AND TRUSTEES
OWASSO ECOI`40MIC DEVELOPMENT AUTHORITY
FR•114 ------
ECONOMIC DEVELOPMENT DIRECTOR
Owasso Economic Development Authority
Statement of Revenues, Expenses and Changes in Fund Net Assets
For the Month Ending April 30, 2012
Operating Revenues
Operating Expenses:
Materials & supplies
Services & other charges
Capital outlay
Total Operating Expenses
Operating Income (Loss)
Non - Operating Revenues (Expenses):
Investment income
Promissory note revenue
RAN debt service & other costs
Total non - operating revenues (expenses)
Net income (loss) before contributions and
transfers
Transfer to general fund
Change in net assets
Total net assets - beginning
Total net assets - ending
MTD
$0.00
0.00
0.00
0.00
0.00
0.00
0.67
0.00
0.00
0.67
0.67
0.00
0.67
YTD Budget
$0.00 $0.00
0.00
0.00
0.00
0.00
0.00
6.80
0.00
0.00
6.80
6.80
0.00
6.80
9,038.20
$9, 045.00
0.00
5,000.00
0.00
5,000.00
(5,000.00)
0.00
0.00
0.00
0.00
(5,000.00)
0.00
(5,000.00)
9,038.20
$4038.20
9-A
Owasso Economic Development Authority
Statement of Revenues, Expenses and Changes in Fund Net Assets
For the Month Ending May 31, 2012
am
Operating Revenues
$0.00
Operating Expenses:
Materials & supplies
0.00
Services & other charges
0.00
Capital outlay
0.00
Total Operating Expenses
0.00
Operating Income (Loss)
0.00
Non - Operating Revenues (Expenses):
Investment income
0.69
Promissory note revenue
0.00
RAN debt service & other costs
0.00
Total non - operating revenues (expenses)
0.69
Net income (loss) before contributions and
transfers
0.69
Transfer to general fund
0.00
Change in Met assets
0.69
Total net assets - beginning
Total net assets - ending
,,
YTD Budget
$0.00 $0.00
0.00
0.00
0.00
0.00
0.00
7.49
0.00
0.00
7.49
7.49
0.00
7.49
9,038.20
$9,045.69
0.00
5,000.00
0.00
5,000.00
(5,000.00)
0.00
0.00
0.00
0.00
(5,000.00)
0.00
(5,000.00)
9,038.20
$4,038.20
"IIIIIIN
.L0jj7jjL" NJ QLTJ a KOW
FROM: CHELSEA M.E. HARKINS
ECONOMIC DEVELOPMENT DIRECTOR
The proposed budget for fiscal year 2012-2013 is presented for the OEDA Trustees review.
As a Title 60 Public Trust, the OEDA is required to file an annual budget with ib
beneficiary, the City of Owasso. The budget or appropriation for a public trust is not #
legal restriction on fhe ex.-menditure of funds as if is for a munici.-ma]A& Resolution No. 2012-
0 1 adopts the annual operating budget for the OEDA.
Sfaff.recommends OEDA Trustee approval of Resolution No. 2012-01 adopting the FY
2012-2013 budget proposal with estimated resources of $9,046 and total appropriations
for expenditure of $5,000.
rajuev.I
OEDA Proposed Budget
K-111MIr", A
DESCRfPTIUN
The Owasso Economic Development Authority Fund is established fO account for revenues and
expenditures of the City's Economic Development Trust Authority, The purpose of the OEDA is to
plan, implement, and promote projects and programs that will directly benefit the economic well
being of the community
o
O
O
U
8
8
Q
O
-100,00%
8
8
8
0
-|QmDO%
O
O
o
U
O
O
O
D
8
G
8
V
lM00%
O
O
V
5.000
O
O
O
n
0
D
U
5.m0O
O
0
O
0
0
O
O
5.000
==========================
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8
{o.M))
9.022
9.030
9,038
9.046
U9%
i � .' Li I � l � � [• 7 K i [ � C•�.I � j i � � i j l
A RESOLUTION PROVIDING FOR THE ADOPTIO44 OF AN ANNUAL OPERATING BUDGET
FOR THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY; ESTABLISHING LEVELS OF
EXPENDITURES AS PROVIDED BY STATUTE; AND ESTABLISHING Ali EFFECTIVE DATE.
WHEREAS: It is the intent of the Owasso Economic Development Authority to adopt an
operating budget for fiscal year 2012 -2013; and,
WHEREAS: The adoption of such budget is vital to the continuation of services to the citizens
of Owasso; and,
I AEREAS: Public acgess to the adopted budget is desired; and,
WHEREAS: Certain filing requirements are mandated by State Statutes.
NOW THEREFORE, BE IT RESOLVED BY THE TRUSTEES OF THE OWASSO ECONOMIC DEVELOPMENT
AUTHORITY:
THAT: Total resources available in the amount of $9,046 and total appropriations in the
amount of $5,000 are hereby established.
THAT: The effective date of this Resolution shall be July 1, 2012.
APPROVED AND ADOPTED this 14th day of June, 2012 by the Trustees of the Owasso Economic
Development Authority.
Authority Chairman
ATTEST:
Authority ecre dry
APPROVED AS TO FORM:
lie Lombardi, Authority Attorney
to-Am,
TO: Honorable Chair and Trustees
Owasso Economic Development Authority
FROM: Sherry Bishop
Assistant City Manager, Administrative Services
SUBJECT: Hotel Tax Fund, FY 2013 Budget Proposal
DATE: June 7, 2012
mmall[KIN
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In 2002, Owasso voters approved a 3% hotel tax with the funds to be "set aside and used
exclusively to encourage, promote and foster economic development and cultural
enhancement, tourism and pursue regional promotion for the City of Owasso In August
2008, Owasso citizens voted to increase the hotel tax rate to 5%.
Just prior to that election, the City Council approved Resolution 2008-05 designating the ho I
t
fax increase (if approved) to fund the Strong Neighborhood Initiative. Additionally, the Cii
Council requested an annual review of the Strong Neighborhood program in two specific are
(1) progress toward the stated goals, and (2) evaluation of appropriate funding levels. Th
,-valuation occurs in August of each year and this year will include input from the OEDA to t
City dbuncil. M
In order to ensure Council evaluation of the program, Resolution 2008-05 included the automat
termination of funding to the Strong Neighborhood Initiative after five years unless reauthoriz
by the City Council; such reauthorization must occur prior to September of 2012. 1
The Hotel Tax fund (City of Owasso) is used to account for the revenues received from the 5%
hotel tax and to account for the use of those restricted funds. Recognizing the OEDA Trustees'
interest in the appropriation of funding for economic development, the proposed budget for
fiscal year 2012-2013 for the Hotel Tax fund is presented.
For FY 2012, the estimated revenue from the 5% hotel tax is $310,000, of which $124,000 (2%)
designated for the Strong Neighborhood program leaving $186,000 available for promoti •
economic development, tourism, and cultural enhancement. The proposed budget includ
I
e
$118,007 for the Strong Neighborhood program and $233,750 for other economic developm
type activities. Potential economic development activities include:
Branding & Website Study $130,000
,A. Economic Development Contract $48,000
Independence Day Fireworks $17,01E0
Tulsa's Future $15,00
Economic Summit $7,000
WTEL TAX FUND
XMIwarffm
urnmary of Revenues and Expencliture-s
Hotel Tax Fund
Historical Museum - Capital Outlay
0
13,865
Prssj-ttblsi
0
-
Economic Development
Actual
Actual
Actual
Propdgbd
Percent
Other Services
FY 09 1 10
FY 101 11
FY 11 1 12
FY 12 1 13
Change
F&Lvenues
0
0
0
0
-
Hotel Tax 3%
130,562
155,438
174,60,{i
186,000
6.53%
Hotel Tax 2%
87,041
104,663
116,600
124,1100
6.35%
Miscellaneous
3,835
3,359
4,109
4,200
2.44%
Transfer from Workers' Comp
0
0
400
0
-100,00%
Total Revenues
221,438
263,460
295,700
314,200
6,26%
Historical Museum - Capital Outlay
0
13,865
0
0
-
Economic Development
Other Services
65,409
40,551
50,880
233,750
359.41%
Capital Outlay
0
0
0
0
-
Total Economic Development Expend*,
71
65,409
40,551
50,880
233,750
359.41%
Strong Neighborhoods
Personal Services
80,426
80,495
82,009
105,507
28.67%
Materials & Supplies
51
324
500
5W
0.00%
Other Services
2,937
5,685
1 I'Wo
lZOW
9.09%
Capital Outlay
39
0
0
0
-
Total Strong Neighborhood Expenditure
83,453
86,504
93,509
118,097
26,21%
Total Expenditures
148,862
140,920
144,380
351,757
143.63%
Surplus/(Excess Expenditure)
$72,576
$122,540
$151,320
($37,557)
-124.82%
Projected Beginning Total Fund Balance
263,490
336,066
458,606
609,926
33.00%
Projected Ending Total Fund Balance
336,066
458,606
609,926
572,369
-6,16%
Projected Designated Strong Neighborhood
Ending Fund Balance
32,969
51,128
74,628
80,621
8.03%
0
ECONOMIC
DEV�LOPMEN-
Economic Development
0
ir .
a
-t% %
I
I A
a
Expenditure Category
Actual
FY 2009-2010
Actual
FY 2010-2011
Budget
FY 2011-2012
Proposed Percent
FY 2012-2013 Changell
Personal Services
129,475
98,734
98,395
97,599
-0.8%
Materials & Supplies
1,123
1,276
1,300
2,310
77.7%.
Other Services & Charges
13,377
7,197
12,113
9,335
-22.9%
Capital Outlay
-
-
2,287
-
-100.0%
Total
143,975
107,207
114,095
109,244
-4.3%
i 111
0
0
MIN
FY 10 FY 11
Personal Services 0 Materials & Supplies
FY 12 FY 13
0 Other Services & Charges Wapital Outlay
■ ■ ■
AUTHORIZED PERSONNE6
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PROJECT STATUS REPORT
City of Owasso Public Works D6parfmenf
As of June 7, 2012
ml�l MM
v Santa Fe Lift Station and Force f�ain ImDrovembifs
enin- - J-�harjF�gv6f th(� north/so-th cl-Lannel east of US
-P ncludes'-wid(- ' g anc u
Wr-
47c169', from to'83rd S-trdet North s(3ufhwclrd f6 thd end of-the existing concrete
channel. I Ps
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uswewaramaxas
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1
CITY OF OWASSO
RESIDENTIAL
LOT INVENTORY
Y 31, 2012
r
SUBDIVISION
# OF LOTS
# AVAILABLE
Burberry Place (6/09)
89
45
44
Camelot Estates (4/07)
139
50
89
Carrington Pointe 1(1 /11)
171
48
123
Champions East (05/08)
66
6
60
Champions West (5/08)
45
2
43
Country Estates 111 (3/99)
61
58
Country Estates VI (11/03)
37
36
1
Crescent Ridge (02/08)
101
93
8
Fairways V (8/99)
71
57
14
Fairways VI (12/00)
42
40
Falls at Garrett Creek (12/05)
85
84
1
Falls at Garrett Creek Amended (12/05)
24
22
2
Honey Creek (4/02)
202
198
4
Keys Landing (5/08)
131
96
35
Lake Valley IV (5/2010)
114
76
38
Lakes at Bailey Ranch (10/07)
235
179
56
Maple Glen (12/08)
Ic
98
95
3
Maple Glen 11 (1/11)
93
61
I�
Nottingham Estates IV (8/01)
20
17
3
Nottingham Estates V (3/01)
44
43
1
Nottingham Hill (6/09)
58
8
50
Preston Lakes (12/00)
272
243
Preston La ds 111 (10/04) le
147
144
3
Remington Park 11 (11/04)
84
82
2 ,r
Saurgrass Park 11 (04/05)
96
94
2
The Summit at Southern Links (6/97)
31
26
5
Watercolours (12/02)
40
31
9
TOTALS
1934
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CITY OF OWASSO
1 -+ J.-4- Q4-4-
PERMITS APPLIED FOR IN MAX 2012
. 111
�Wq 11
ill
S 0.
2,753,180
1
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Mire
MrM
8304 N 74 E Ave
WiliftIfflirlons
.! ■�
$
-.K4.6.220.00-
3,660 S3F
t
�i
�MIII x� Signs___
x
■
9416 N ■
23,200
199 S%Ft
i r !
w !
Simmons -..... ,■�
�E
i #I ill..,,.
Pool
,795
*ry -I....
10205 N 110 E Ave
A .W I
N 96 E Pt
Terry Davis Homes
3,25 ,175
56,798
!
i till.. es
FIVI cc 111 ■ wr
■ ■ 4
�i■!/li',�,,�
11002 N 118 E Ave
'Simmons Homes
1 N 74 E Av
�I
r
■ : '
.I� Iri 1 1
11095 N 118 E Ave
15105 E 110 St N
Simmons Homes
12999 E 114 Ct N
Fiesta Pools
12902 S 80 Ct N
j! Dolphin Pools
9504 E 91 St N
MINIM 1
I`f Ave
i IN!, �
_ `M ■
Y
T ■ll III'+IIII■�,,,,.
i` ``8
10 IN
Simmons
y7
T ',, ■
IIIIlII I II
Simmons Homes
i
I`lV
�ii
r l IIIII
Ym
10915
Simmons Hi dlTi
IitiiLtiil
i il717
ar i r
M
I I I I1I V I jl1�F
� I�,� I
.........
IN 77 E + •,
! !
►�
Y�Ilil���M�I■71111111�+
12349 E 6
,.. y
rr ■
�I�f■iiiTii.........
15101 E 110 STN
M1 III I me 4L1�
�, ♦
+ !
�.........
ice■■#
III-WILM,
Crawford IIIIII� .�_
t ■......�1illl!■Illll�',,.
'
',, 1 a _.
•� *
i
3 Single Famk
ill
S 0.
2,753,180
1
■
f
New eci al
$
-.K4.6.220.00-
3,660 S3F
t
�i
1
x
■
23,200
199 S%Ft
Pool
,795
2,
A .W I
33 Building Pern-dts
3,25 ,175
56,798
1
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ADDRESS APPLICATION OPENFNG COMPLETE
ATE DATE
Duffy's
11610 E 86 St N
Life Church
14008 E 96 St N
Edward Jones _ ■
9540 N r3arnett
Dayana's Hair Salon
11622 E 86 St N
Iglesia Pentecostal`
12111 N Garnett
Idol Nails &tpa
12412E 86 St N
FIBRUARY 2012
13720 E. 86 St. N. 1b0
Pet Hotel
Z;
8355 N. Owasso Exp.
Green Hill Funeral Home
9901 N. Owasso Exp.
Akira Sushi Bar
9455 N Owasso Exp. #E
Fra61y Animal Medicine
. 9200 N "Garnett
Owasso Medical Campus
12455 N. 100 E. Ave. #300
JANUARY 2012
0
EC 2011
''
Dog Daycare & Kennel
8355 N. Owasso Expy
419/20,12
-Yes
4/1012012
4/26/2012
NOVEMBER 2011
a's Cafe
11691 N. Garnett Rd.
�,
Boom gran Diner
13720 E. 86 St. N. 1b0
leative Clips
11711 E. 86 PI. N. ' 108
1• ■ '
C
OCTOBER 2011" ` 0
Auto Parts
'
1331$E. 116th St.:N.
O'Reilly ., ;
1/22/2012 _
Top Cut ■
12409 E. 96th E. Ave.
3/2/2012
3/20/2012
SEPTEMBER 2011
3/22/2012-
Fire In The Hole
126 S. Mein St.
AUGUST 2011
3/17/2012
Catholic Diocese Church
1002 North Forest Drive
Panda Express
12403 E. 96th St. N.
JULY 2011
2/16/2012
4/5/2012
4/12/2012
Yes
4/5/2012
419/20,12
-Yes
4/1012012
4/26/2012
Yes
1
11/14/2011
,
Yes
3/512012"
3/10/2012
Yes •
5/2/2011
3/312012
Yes
1/22/2012 _
3/22/2012
Yes
3/2/2012
3/20/2012
Yes
3/22/2012-
3/22/2012
Yes '
3/14/2ti`'12
3/17/2012
Yes
2/1/2012
2/3/2012
Yes
2/6/1012
2/16/2012
Yes
1/15/2012
2/10/2012
'Yes
2/22/2012
2/22/2012
Yes
2/29/2012
2/29/2012
Yes ■
1
■
31
1 Y
1
12/1/2011
12/1/2011
Yes
1
11/14/2011
11/14/2011
Yes
11116/2011
1111612011
Yes
1 a 14 5/2011
t1 /30/2014
Yel +
u�
10/31/2011
Yes
,,10/31/20.11
10/3112011■
10/31/2011
Yes
■
9/1/2011
9/2312011
Yes,
&/2011 8/30/2011
f
Cat Clinic • ,y N. Garnett _« t e
Engineering Firm 302 E. 5th Ave # 7/Mbl 1 7/31/201
Better Sound Owasso 9045 N 121 E Ave #1100 7/15/2011 7/18/201
1A m
JUNE 2011
Da vita Dialysis _.... ` i' Owasso Exp.
Charlie's Chicken 11651 E. 76th St.
Yes
Yes „
1
Yes
Yes Ifi
Yes
1/712011 6/22/2011 -1 Yes
6/28/2011
1�i
1
1
II
1
1
M
'--ROM: CHELSEA#A.E. HARKINS
DIRECTOR OF ECONOMIC DEVELOPMENT
Christian Brothers Automotive has started construction on their site south of 96 Street N on
Garnett Road.
Braum's is still planning to construct a Fresh Market store on the north side of 96 Street
North, east of the Garnett Road intersection.
Coney Islander and Little Caesar's Pizza will locate in a new building on the north side of
86 Street N, west of Bank of the Lakes.
Fresenius Dialysis Center has opened on the Bailey Medical Campus.
Senior Suites, a full service nursing facility is will construct on land to the south of the St.
John Owasso medical campus.
Boyd Dentistry has completed construction of a new building south of El Tequila on N 125
E Avenue.
W on- a-
Lo [a I I ej Loins Is 121KINI'M11911 a
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N& oil