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Home My WebLink About2015.07.09_OEDA AgendaRECEIVED PUBLIC NOTICE OF THE MEETING OF THE city Clork's Of filte OWASSO ECONOMIC DEVELOPMENT AUTHORITI MA j ]EI ■ 1 0, 0 DATE: July 9j 2015' TIME: 104:00, a.m. PLACE,-,, Owasso City Hall,. Lower, Level Conference Room 111 N., Main Owasso, Oklahoma Notice and agenda filed in the office of the City, Clerk and posted on the City Hall bulletin board at 5:00, P M o n Monday, J u ly 6,,, 2 11 5 Q1 Chelsea NU. Le�vo,, Economic, Development Director Call to Order Dr., Thomas, Chair 2. Election of Chair Dr.'Thomas Election of Vice Chak Chair 41, Election of Secretary Chair 5, Consideration and appropriate action relating to a request for 'Trustee approval, of th I Consent Agenda., All matters listed under "Consent" are; considered, by the Trustees to b routinie and will, be enacted by one motion. Any Trustee may,, however," remove an Ite from the Consent Agenda by request. A motion to adopt the Consent Agenda 'is nonj debatable. A. Approval of minutes, of the June 11, 2015 regular meeting Attachment B.0 Approval of clairns ,Attachment C. Acceptance of the monthly financial report's Attachment, 6, Cons*lderafion and appropriate action relating to items, removed from, the Consent Agend* 7, Consideration and a P Piro priate action relating to proposed Resolution No. 20115-0i] approving the OEDA FY 2015-2016 Annual Operating Budget, Ms. Jones Attachment D July 9, 201 Page 8. Presentation and discussion relating to the Draft Transportation Master r Plan Roger Stevens Attachment Staff Reports Attachment Business Development Report Monthly Building Report -- Mr. Stephenson ' Public Works Project Status Report - 1r, Stevens * Monthly Salon Tex Report - Ms. Jones 10. Report from OEDA Trustees New Business (New Business is any item of business which could not have been foreseen at the time of posting of the agenda.) 12. Adjournment MEETING OF THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY MINUTES OF MEETING Thursday, June 11, 2015 The Owasso Economic Development Authority met in regular session on Thursday, June 11, 2015 in the Lower Level Conference Room at City Hall, 1 1 1 N Main, Owasso, Oklahoma per the Notice and agenda filed in the office of the City Clerk and posted on the City Hall bulletin board at 5:00 PM on Tuesday, June 9, 2015. ITEM 1: CALL TO ORDER & ROLL CALL Chair Dirk Thomas called the meeting to order at 10:00 AM. PRESENT ABSENT Dirk Thomas, Chair David Charney, Trustee Dee Sokolosky, Vice -Chair Gary Akin, Secretary Frank Enzbrenner, Trustee Jeri Moberly, Trustee (leaves meeting at 1 1:OOam) Bryan Spriggs, Trustee A quorum was declared present. ITEM 2: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR TRUSTEE APPROVAL OF THE OEDA CONSENT AGENDA A. Approval of minutes of the May 14, 2015 Regular Meeting B. Approval of claims C. Acceptance of the monthly financial reports Ms. Moberly moved to approve the consent agenda, seconded by Dr. Spriggs. AYE: Thomas, Sokolosky, Akin, Enzbrenner, Moberly, Spriggs, NAY: None Motion carried 6 -0 ITEM 3: CONSIDERATION AND APPROPRIATE ACTION RELATING TO ITEMS REMOVED FROM THE CONSENT AGENDA No action required ITEM 4: DISCUSSION RELATED TO THE PROPOSED FY 2015 -2015 HOTEL TAX FUND BUDGET Linda Jones presented the FY 2015 -2016 Hotel Tax Fund budget. Discussion was held regarding the proposed economic development activities included in the Hotel Tax Fund budget. Mr. Lehr stated that he would inform the City Council of the discussion held by the Trustees regarding the proposed activities. ITEM 5: PRESENTATION AND DISCUSSION RELATING TO RESOLUTION NO. 2015 -01, APPROVING THE OEDA FY 2015 -2016 ANNUAL OPERATING BUDGET Linda Jones presented the item and discussion was held. It was further explained this item would be included on the July OEDA agenda for consideration and action. ITEM 6: REPORT FROM OEDA DIRECTOR Chelsea Levo provided the business development report; Bronce Stephenson presented the Monthly Building Report for April; Ms. Moberly leaves the meeting. Roger Stevens presented the Public Works project status report; Linda Jones provided the monthly sales tax report. Discussion was held. OEDA June 11, 2015 Page 2 ITEM 7: REPORT FROM OEDA MANAGER Warren Lehr provided an update on the excess Vision 2025 sales tax, the opportunity to recapture a portion of the Vision 2025 sales tax upon its expiration, and the city hall renovation project. Discussion was held. ITEM 8: REPORT FROM OEDA TRUSTEES No Report SWIVIAL" ITEM 10: ADJOURNMENT Dr. Spriggs moved to adjourn, seconded by Dr. Thomas. AYE: Thomas, Sokolosky, Akin, Enzbrenner, Spriggs NAY: None Motion carried 5 -0 and the meeting adjourned at 1 1:30AM. Juliann Stevens, Minute Clerk IiIM I TO: THE HONORABLE CHAIR AND TRUSTEES OWASSO ECONOMIC DEVELOPMENT AUTHORITY FROM: CHELSEA M.E. LEVO ECONOMIC DEVELOPMENT DIRECTOR SUBJECT: CLAIMS, OEDA DATE: July 9, 2015 No claims for June 2015. Owasso Economic Development Authority Statement of Revenues, Expenses and changes in Fund Net Assets For the Month Ending June 30, 2016 MTD YTD End et Operating Revenues $6.66 $0.66 $6.00 Operating Expenses, Materials & supplies 6.66 0.66 0.0 Services & other charges 0.06 0.00 61660.00 Capital outlay 0.60 6.60 6.00 Total Operating Expenses 0.00 6.00 ;666.00 Operating Income (Doss) 0.00 0.00 (5,660.00) Non-Operating Revenues (Expenses). Investment income 6.69 8.18 x.06 Promissory rote revenue 0.00 0.00 0.06 RAN debt service & other costs 6.00 0.00 0.00 Transfer from Hotel Tax Fund 6.06 6.00 0.06 Total non-operating revenues (expenses) 6.69 8.18 $6.06 Net income (loss) before contributions and transfers 6.69 6.18 (4,302.00) Transfer to general fund 6.06 6.00 0.00 Change in net assets 6.69 8.18 (4,992.00) Total net assets - beginning 9,062.66 31062.66 Total net assets - ending $9,070.84 $41076.66 * Estimated Investment Income he Ci'ty i TO: THE HONORABLE CHAIR AND TRUSTEES OWASSO ECONOMIC DEVELOPMENT AUTHORITY FROM: CHELSEA M.E. LEVO ECONOMIC DEVELOPMENT DIRECTOR SUBJECT: FISCAL YEAR 2015 -2016 BUDGET APPROVAL RESOLUTION NO. 2015 -01 DATE: July 1, 2015 BACKGROUND: The proposed budget for fiscal year 2015 -2016 was presented last month for the OEDA Trustees review. As a Title 60 Public Trust, the OEDA is required to file an annual budget with its beneficiary, the City of Owasso. The budget or appropriation for a public trust is not a legal restriction on the expenditure of funds as it is for a municipality. Resolution No. 2015 -01 adopts the annual operating budget for the OEDA. RECOMMENDATION: Staff recommends OEDA Trustee approval of Resolution No. 2015 -01 adopting the FY 2015 -2016 budget proposal with estimated resources of $5,000 and total appropriations for expenditure of $5,000. ATTACHMENTS: OEDA Proposed Budget OEDA Budget Adoption Resolution OEDA FUND DESCRIPTION The Owasso Economic Development Authority Fund is established to 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 BUDGET HIGHLIGHTS The recommended FY 2016 budget includes $5,000 in contingency funding for Economic Development activities that may arise during the fiscal year. OEDA FUND Summary of Revenues and Expenditures Budgetary Basis Revenues Investment Revenue $ Total Revenues $ Other Sources Transfers In Total Revenues & Other Sources $ Expenditures Actual Actual Projected Proposed Percent 2012 -2013 2013 -2014 2014 -2015 2015 -2016 Change 8 $ 8 $ 8 $ 8 0.00% 8 $ 8 $ 8 $ 8 0.00% - 500,000 - - - 8 $ 500,008 $ 8 $ 8 0.00% Other Services & Charges $ - $ 500,000 $ - $ 5,000 #DIV /01 Debt Service 100.00% Total Department Expenditures $ - $ 500,000 $ - $ 5,000 #DIV /01 Other Uses Transfers Out - Total Expenditures & Other Uses $ - $ 500,000 $ - $ 5,000 #DIV /0! Change in Fund Balance $ 8 $ 8 $ 8 $ (4,992) - 62500.00% Projected Beginning Balance 9,046 9,054 9,062 9,070 0.090 Projected Ending Balance $ 9,054 $ 9,062 $ 9,070 $ 4,078 - 55.040 OWASSO ECONOMIC DEVELOPMENT AUTHORITY RESOLUTION NO. 2015 -01 A RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL OPERATING BUDGET FOR THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY; ESTABLISHING LEVELS OF EXPENDITURES AS PROVIDED BY STATUTE; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS: It is the intent of the Owasso Economic Development Authority to adopt an operating budget for fiscal year 2015 -2016; and, WHEREAS: The adoption of such budget is vital to the continuation of services to the citizens of Owasso; and, WHEREAS: Public access 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 $5,000 and total appropriations in the amount of $5,000 are hereby established. THAT: The effective date of this Resolution shall be July 1, 2015. APPROVED AND ADOPTED this day of 2015 by the Trustees of the Owasso Economic Development Authority. Authority Chair ATTEST: Authority Secretary Awk The Ci'ty Wit i out TO: HONORABLE CHAIR & TRUSTEES OWASSO ECONOMIC DEVELOPMENT AUTHORITY FROM: H. Dwayne Henderson, P.E. City Engineer SUBJECT: Transportation Master Plan - Presentation and Discussion DATE: July 6, 2015 BACKGROUND: In September 2013, the City of Owasso contracted with Guernsey Engineers to prepare a Transportation Master Plan for the City of Owasso. The Transportation Master Plan (TMP) was prepared to analyze the growth of Owasso for the next 20 years and to project transportation needs and goals for years 2020 through 2035. The purpose of the plan was to study and document existing traffic conditions in Owasso, and to prepare 5 -, 10- and 20 -year plans for improving the transportation system to keep up with projected growth. The boundaries of the study are Memorial Drive to N 177th E Ave (west to east) and E 66th St N to E 126th St N to the north. Also, a corridor running east along E 76th St N to N 177th E Ave, which will include the impacts of Stone Canyon. (See Attachment A) The roads studied are primary arterials (i.e. North Garnett from E 86th St N, E 1 16th St N, Garnett Road), secondary arterials (e.g. E 76th St N, N 161st E Ave) and collectors (e.g. N 123rd E Ave from E 76th St N to E 86th St N). (See Attachment B) PROCESS: Initial work on the study included data collection. A public questionnaire was sent out through the internet to gather comments from the citizenry. A public meeting was held on January 30, 2014, to gather face -to -face comments. Staff provided traffic counts that have been taken annually by the City of Owasso. Tulsa County and ODOT also provided counts for the study. The I NCOG Regional Traffic Model data was used as a base -line for population densities, employee figures and transportation patterns in the area. The engineer developed the Owasso Travel Demand Model by developing Traffic Analysis Zones, which are geographical areas defined by census tracts. (See Attachment C) The travel demand model, calibrated /validated with new traffic data, enabled staff to provide accurate information regarding new and proposed developments, as well as, new and proposed street projects. Engineers also identified anticipated traffic volumes and travel patterns, evaluated effectiveness of alternative improvements, projected populations and traffic flows for the years 2020, 2025, 2030 and 2035. TMP Committee: The design team met with the TMP Committee, which was comprised of a City Council member, representatives from the Owasso Police Department, Community Development Department, Owasso Public Schools, Tulsa County Engineers Office, Rogers County Commissioners Office, at -large citizens from the community and the Public Works Department. The committee met three (3) times to discuss elements of the plan, which included results of the questionnaires received from the citizenry and discussion of data brought to the meeting by the committee members. Meeting #2 discussed the results found from review of the INCOG Regional Model and the additional detail needed to be added to make the model useful; discussed Owasso projected employment and population figures for accuracy before inputting the data into the model. Meeting #3 discussed the results of the model, the recommendations that the model provided for the various intersections, interchanges and street segments in the City of Owasso, as well as the recommended years in which the recommended improvements need to be made in order to keep up with the growth. PROPOSED TRANSPORTATION MASTER PLAN IMPROVEMENTS: The recommendations of the TMP were based on the needs by years 2020, 2025, 2030 and 2035. Street and intersection improvements, which include additional lanes, traffic signals and configurations, were addressed. County roads and intersections within the study area were also addressed. In addition, the interchanges on U.S. Hwy 169 were analyzed and recommendations made for ODOT to use for their planning. The recommendations, included in the Draft TMP, are tabulated and in Attachments D and E. MASTER PLAN DOCUMENT: The Draft Transportation Master Plan is available for viewing on the city's website at www.cityofowasso.com. In addition, a copy of the draft plan is available at the City of Owasso Public Works facility. ATTACHMENTS: A. Study Area B. Existing Functional Classification of Roads C. Traffic Analysis Zones (TAZ) D. Recommended Roadway Improvements E. Recommended Intersection Improvements O j xw - . y / <! Logend USA Railrazas Ftiver w_a, Stream Network US Hkghway y: aR — S» Mghway Study ELVurldwy — Loc-al Connecting Read mpalB' wAmm Locil Road men R<, 4 - %3 STUDY ? REA ; <» ? \ # ?- * « ^P f \O2 MASTER P L * N ^ L I - \~ \ ,, � guernsey . IK4#&fa(!*T$# GROUP O E Legend — USA Rmkoads US Hi!ghway —@ Highway — Primary Arterial — Se-c-undaryAwn-al — CoEleg3qf Aterial On-5"eet PaTking Verokqrm River Study Boundary Municipal Bommlary Gwis&u Fonc-@fino 4 %3 The City , if out Limits- AL A.-.,.!-ANC. TRANSPORTATION fiRO7P g uernsey 0 L Logend USA Rafkazas iffterstatic-: US Hkghway Suto Wghwav Local Connecting Read ImporTant Locil Road Vardigur. Ftiver Tralfic Amlygis tomes Study Eluundary Owasso Fencefine 4 Miles kll'��!111511 I MITI 11! 1 I U01 U-14 F-A I m z I JA m I asl-A pU- A 4c— A L L I A N guernsey 1PARSPORTATIOD GROUP 0, Street 76th Street N 76th Street N 76th Street N 76th Street N 86th Street N 86th Street N 96th Street N 96th Street N 96th Street N 106th Street N 106th Street N 106th Street N 106th Street N 116th Street N 116th Street N 116th Street N 116th Street N Mingo Road Garnett Road Garnett Road 129th E Avenue 129th E Avenue 145th E Avenue 145th E Avenue 145th E Avenue From US 169 Interchange 129th E Avenue 145th E Avenue 161 st E Avenue 145th E Avenue 161 st E Avenue Mingo Road 135th E Avenue 145th E Avenue Garnett Road 129th E Avenue US -169 Interchange 145th E Avenue Memorial Road Mingo Road Garnett Road 129th E Avenue 86th Street N 96th Street N 1 06t Street N 96th Street N 106th Street N 86th Street N 96th Street N 106th Street N Table 5 -1: Recommended Roadway Improvements To 129th E Avenue 145th E Avenue 161 st E Avenue 177th E Avenue 161 st E Avenue 177th E Avenue Garnett Road 145th E Avenue 161 st E Avenue 129th E Avenue US -169 145th E Avenue 161 st E Avenue Mingo Road Garnett Road 129th E Avenue US -169 Interchange 96th Street N 106th Street N 116th Street N 106th Street N 116th Street N 96th Street N 106th Street N 116th Street N Description Year Current Jurisdiction 4 Lane 2015 City of Owasso 3 Lane 2020 City of Owasso /Tulsa County 3 Lane 2025 Rogers County 3 Lane 2030 Rogers County 4 Lane 2020 City of Owasso /Rogers County 3 Lane 2025 Rogers County 3 Lane 2025 City of Owasso /Tulsa County 4 Lane 2020 City of Owasso 3 Lane 2025 Rogers County 4 Lane 2020 City of Owasso /Tulsa County 4 Lane 2020 City of Owasso 4 Lane 2020 City of Owasso 4 Lane 2025 City of Owasso /Rogers County 4 Lane 2030 Tulsa County 4 -5 Lane 2025 City of Owasso/ Tulsa County 5 Lane 2020 City of Owasso /Tulsa County 5 Lane 2025 City of Owasso 3 Lane 2025 City of Owasso /Tulsa County 5 Lane 2025 City of Owasso /Tulsa County 5 Lane 2025 City of Owasso /Tulsa County 4 Lane 2025 City of Owasso /Tulsa County 3 Lane 2025 City of Owasso /Tulsa County 4 Lane 2025 City of Owasso /Rogers County 3 Lane I 2030 I City of Owasso /Rogers County 3 Lane 2035 City of Owasso /Rogers County Table 5 -2: Recommended Intersection Improvements Intersection Description Year Current Jurisdiction 76th Street N and Memorial Road Signalize, Add Turn Lanes, 3 Lane 2025 Tulsa County 76th Street N and Mingo Road Signalize, Add Turn Lane 2025 City of Owasso 76th Street N and Main Street Add Turn Lanes, Add Protective - Permissive Signal 2025 City of Owasso 76th Street N and US -169 Interchange Add Additional Lanes and Turn Lanes 2020 ODOT /City of Owasso 76th Street N and 129th E Avenue Extend Turn Lane Widening 12020 1 Tulsa County 76th Street N and 145th E Avenue 3 Lane 2020 City of Owasso /Rogers County /Tulsa County 76th Street N and 161 st E Avenue 3 Lane 2025 Rogers County 76th Street N and 177th E Avenue 3 Lane 12030 1 Rogers County 86th Street N and Memorial Road Add Turn Lanes 2020 Tulsa County 86th Street N and US -169 Interchange Realign, Add Additional Lanes and Turn Lanes 2020 ODOT /City of Owasso 86th Street N and 145th E Avenue Transition Intersection from 5 Lane to 4 Lane 2025 City of Owasso 86th Street N and 161 st E Avenue 4 Lane, 3 Lane 2020 Rogers County 86th Street N and 177th E Avenue 3 Lane 2025 Rogers County 96th Street N and Mingo Road 3 Lane 2025 City of Owasso /Tulsa County 96th Street N and Garnett Road Timing 2020 City of Owasso 96th Street N and US -169 Interchange Add Lanes and Turn Lanes 2020 ODOT /City of Owasso 96th Street N and 145th E Avenue 4 Lane, 3 Lane 2020 City of Owasso /Rogers County 106th Street N and 129th E Avenue 4 Lane, 5 Lane 2020 City of Owasso /Tulsa County 106th Street N and US 169 Interchange Realign, Add Lanes and Turn Lanes 2025 ODOT /City of Owasso 106th Street N and 145th E Avenue 5 Lane, 3 Lane 2020 City of Owasso /Rogers County 106th Street N and 161 st E Avenue 4 Lane, 3 Lane 2025 City of Owasso /Tulsa County 116th Street N and Memorial Road 5 Lane, 3 Lane 2025 Tulsa County 116th Street N and Mingo Road 5 Lane, 3 Lane 2025 City of Owasso /Tulsa County 116th Street N and Garnett Road 5 Lane 2025 City of Owasso /Tulsa County 116th Street N and 129th E Avenue 5 Lane, 3 Lane 2020 City of Owasso /Tulsa County 116th Street N and US 169 Interchange Add Turn Lanes 2025 ODOT /City of Owasso 116th Street N and 145th E Avenue 1 3 Lane 12035 1 City of Owasso /Rogers County /Tulsa County 116th & East of 145th E Avenue Signalize 2020 Rogers County 126th Street N and US -169 Interchange Add Lanes 2030 ODOT /City of Owasso /Tulsa County Garnett Road and Smith Farm Market Add Turn Lane 2025 City of Owasso Awk The Ci'ty Wit i out TO: HONORABLE CHAIR & TRUSTEES OWASSO ECONOMIC DEVELOPMENT AUTHORITY FROM: CHELSEA M.E. LEVO DIRECTOR OF ECONOMIC DEVELOPMENT SUBJECT: DIRECTOR'S REPORT DATE: July 9, 2015 NEW BUSINESS DEVELOPMENT Academy Sports + Outdoors - 8959 N. Garnett Road o Development and construction is progressing. They have started shelving inside the building. Work on 19th Street and Garnett continues. The street has been reopened although there is still construction occurring at this intersection (sidewalks, traffic signals). This is one of the Vision 2025 Excess Funds projects. Plans are to hand over building and infrastructure by Mid -July. Academy projects to open in the early fall of this year. • Zaxby's Chicken -- 12807 E. 86th Street N. o Awaiting crews that are building in Tulsa at present. Construction is anticipated to start in two to four weeks. Dairy Queen - 9495 N. Owasso Expressway o Construction is wrapping up. Working on as built plans and looks like they will open around July 13. It is located to the north of Cracker Barrel on the service road. AMC Urgent Care, 9003 N. Garnett Road o Construction is wrapping up. This business should open soon. • Communication Federal Credit Union - 12312 E. 86th Street N. o Nearing end of construction and should be complete in 30 days. Weather has delayed parking lot installation, however still nearing completion. • Buffalo Wild Wings - 9263 N. Owasso Expressway o Under construction and framing. Weather has delayed construction, still anticipate late summer opening. • Wal -Mart Neighborhood Market - 11551 N. 129th E. Avenue o Construction is underway. Work is now beginning on the intersection of E 1 16th St N and N 129th E Ave. Additional turn lanes are being added. Work will be ongoing through September. Looking at late 2015 opening. • Oxford Glen Memory Care Center - 1 1113 E. 103rd Street N. o Construction progresses. Contractor is beginning infrastructure improvements, looks like end of October opening. • Amber Crossing - 11413 E. 96th Street N. o Under construction. No predicted opening date. • Caudle Center Phase III - 9538 N. Garnett Road • Under construction. • Announced Firehouse Subs as one of the new occupants. • LaQuinta Inn - Lot 2, Block 1 of the "Replat of the Sevens" o Civil plans and earth change permits have been issued. Will start construction within next two weeks, weather permitting. Should be open within one year of start of construction. • Macy's - East 76th Street N and Sheridan o The first outbound orders to customers began June 29, 2015. They are starting out slow and then ramping up shipments to customers. • Taco Bell - 13315 E. 1 16th Street N. o Under construction and poured the slab. Installation of public infrastructure is nearing completion. Projected to open in October. • Arby's - 11500 N. 140th E. Avenue o Construction is progressing. • Furniture Factory Outlet - 12900 E 86th St N o Locating in the east vacant space in the Owasso Town Center. • Braum's - location on north side of 96th Street near the Garnett intersection o Plan to begin construction late summer. • Med Express - 11760 East 86th Street N o Preparing location. • Rejoice Christian Campus - 10701 N 129th E Ave. B o Construction of Mid /High Building has begun. • First Christian Church - 10100 N Garnett Rd. o Addition to building - 13,145 sq ft addition. Construction should begin later this summer • Owasso Express Laundry - 9700 N Garnett Rd o New building (8,710 sq ft) to house new Laundromat and 2 commercial tenants. Construction should begin later in the year. • Wendy's - 7591 N Owasso Expressway. o Remodel of existing store has begun. Will remain closed during remodel. Fishbonz Sports Bar - 106 S Atlanta St o Covered patio addition. Paint & Barrel - 9455 N Owasso Expressway #K o New wine & art studio. • Craft & Barrel - 208 E 5th St Unit J o Liquor Distributor. • Owasso Drug Company - 12802 E 86th St N o New pharmacy in existing retail space. BUSINESS RETENTION & EXPANSION (BR &E) • Snow's Furniture has relocated from 11760 East 86th Street N to 12210 East 86th Street N (former Ram Stop location). • Construction on SAHO is nearing completion. They hope to open in their new location in July. • Reasors on 86th Street is remodeling the store. They plan to be completed with this project by (insert time here) . WORKFORCE DEVELOPMENT • National Steak and Poultry is hiring 50+ people to meet increased business. Staff is working with state agencies and reps from NSP on state incentives and tax credits for this expansion. INDUSTRY NEWS • Facts and figures remain crucial means for luring strategically important retailers to new or redeveloped shopping centers, but landlords are resorting increasingly to flashier bells and whistles to pitch projects. Drones are the latest gadget in that toolbox. Read more http: / /bit.ly/ 1 JJ NSfs • The value of the globe's commercial real estate hit a record $13.6 trillion last year, according to DTZ research. The value of North America's supply of commercial real estate grew by 5 percent to $4.2 trillion and is now closing the gap with Europe, whose value remains at $4.4 trillion. Read more http: /Zbit.ly /1 M84R8U • Determined to cash in on net -lease investment demand, pay off debt and focus on food, Darden Restaurants is spinning off its owned real estate into a separate REIT. Read more http: / /bit.ly /1 KLLhAi • An overwhelming majority of office workers rank reliable internet connectivity as the most important factor in selecting office space, according to a survey released on Friday. Read more http: / /bit.ly /1 dH8B5i • More than 4.5 million job openings in the US cannot be filled, because of the skills shortage. Read more http: / /cnb.cx /1 QTBJIW RESIDENTIAL SINGLE FAMILY NEW CONSTRUCTION MONTH END REPORT J Month 2006 2007 2008 2009 2010 2011 2012 2013 1 January 22 13 25 15 17 18 19 15 2 February 41 14 19 23 29 17 15 26 3 March 50 25 35 30 46 14 27 27 4 April 52 30 31 36 31 19 26 26 5 May 36 60 23 27 30 20 23 19 6 June 29 27 21 34 23 19 24 19 7 July 12 23 24 28 17 20 15 27 8 August 28 27 18 28 19 12 15 18. 9 September 12 17 40 20 11 12 12 28 10 October 25 31 15 36 13 10 21 15 11 November 13 26 10 13 1 8 11 7 12 December 16 8 6 13 9 10 16 11 Totals 336 301 267 303 246 179 224 238 YTD 230 169 154 165 176 107 134 132 JUNE YEAR -TO -DATE COUNT 250 200 20, 000, 000 15, 000, 000 5,000,000 JUNE YEAR -TO -DATE DOLLARS TOTAL NEW CONSTRUCTION DOLLARS FOR EACH YEAR CITY OF OWASSO RESIDENTIAL LOT INVENTORY STATUS June 30, 2015 SUBDIVISION Burberry Place (6/09) Camelot Estates (4/07) Carrington Pointe I (1/11) Champions East (05/08) Champions West (5/08) Country Estates III (3/99) Country Estates VI (11/03) Crescent Ridge (02/08) Fairways V (8/99) Fairways VI (12/00) Falls at Garrett Creek (12/05) Falls at Garrett Creek Amended (12/05) Hickory Creek Honey Creek (4/02) Keys Landing (3/08) Lake Valley IV (5/10) Lake Valley V (9/30) Lake Valley V Phase 2 Lakes at Bailey Ranch (10/07) Maple Glen (12/08) Maple Glen II (1/11) Maple Glen III (5/13) Maple Glen IV (6/2/14) Nottingham Estates IV (8/01) Nottingham Estates V (3/01) Nottingham Hill (6/09) Park Place at Preston Lakes Preston Lakes (12/00) Preston Lakes III (10/04) Remington Park II (11/04) Sawgrass Park II (04/05) The Summit at Southern Links (6/97) Watercolours (12/02) TOTALS # OF LOTS 89 139 171 66 45 61 37 101 71 42 85 24 50 202 131 114 78 82 235 98 93 43 92 20 44 58 93 272 147 84 96 31 40 3034 # DEVELOPED # AVAILABLE 87 2 109 30 162 9 13 53 24 21 58 3 36 1 93 8 66 5 41 1 84 1 23 1 29 21 198 4 114 17 112 2 65 13 53 29 232 3 97 1 90 3 40 3 55 37 17 3 43 1 13 45 62 31 243 29 144 3 82 2 94 2 26 5 31 9 2636 398 Watercolours (12/02) The Summit at Southern Links (6/97) Sawgrass Park II (04/05) Remington Park II (11/04) Preston Lakes III (10/04) Preston Lakes (12/00) Park Place at Preston Lakes Nottingham Hill (6/09) Nottingham Estates V (3/01) Nottingham Estates IV (8/01) Maple Glen IV (6/2/14) Maple Glen III (5/13) Maple Glen II (1/11) Maple Glen (12/08) Lakes at Bailey Ranch (10/07) Lake Valley V Phase 2 Lake Valley V (9/30) Lake Valley IV (5/10) Keys Landing (3/08) Honey Creek (4/02) Hickory Creek Falls at Garrett Creek Amended (12/05) Falls at Garrett Creek (12/05) Fairways VI (12/00) Fairways V (8/99) Crescent Ridge (02/08) Country Estates VI (11/03) Country Estates III (3/99) Champions West (5/08) Champions East (05/08) Carrington Pointe 1 (1/11) Camelot Estates (4/07) Burberry Place (6/09) CITY OF OWASSO Residential Lot Inventory Status 0 50 100 150 200 250 300 ■ Lots Developed 13Total Lots COMMERCIAL NEW CONSTRUCTION MONTH END REPORT JUNE 20 Month 2006 2007 2008 2009 2010 2011 2012 2013 1 January 9 4 4 1 1 3 1 1 2 February 0 3 2 0 1 1 1 1 3 March 14 2 0 1 3 0 0 0 4 April 1 0 4 1 1 1 0 1 5 May 2 1 1 2 1 2 1 0 6 June 4 1 1 2 0 0 2 1 7 July 0 0 1 0 0 0 0 1 8 August 7 3 1 0 0 2 2 0 9 September 1 28 3 0 0 0 0 0 10 October 3 4 1 0 0 1 0 4 11 November 1 1 1 2 2 1 0 1 12 December 1 1 1 0 1 0 0 1 Totals 43 48 20 9 10 11 7 11 YTD 30 11 12 7 7 7 5 4 JUNE YEAR -TO -DATE COUNT 0C JUNE YEAR -TO -DATE DOLLARS 30, 000, 000 25,000,000 ----------------------------------------------------------------------------------------------------------- 20,000,000 ----------------------------------------------------------------------------------------------------------- 15,000,000 ----------------------------------------------------------------------------------------------------------- 10,000,000 ----------------------------------------------------------------------------------------------------------- 5,000,000 ----------------------------------------------------------------------------------------------------------- 0 2011 2012 2013 2014 JUNE 3, 705, 616 946,000 2, 672,850 1,885,000 .................................................................................................................................................................................. TOTAL NEW CONSTRUCTION DOLLARS FOR EACH YEAR OCCUPANCY PERMITS NAME ADDRESS OPENING COMPLETE DATE JUNE 2015 Craft & Barrel 208 E 5 St #J 6/3/2015 Yes Gerry Horner Automotive 206B N Main St 6/4/2015 Yes Kirk Chiropractic 8514 N 128 E Ave 6/15/2015 Yes MAY 2015 APRIL 2015 Scissortail Provisions 702A N Main St 4/6/2015 Yes State Farm 9100 N Garnett Rd 4/28/2015 Yes MARCH 2015 Sprouts Farmers Market 9601 N 133 E Ave 4/1/2015 Yes FEBRUARY 2015 JANUARY 2015 Hapa Sushi 13720 E 86 St N #200 1/21/2015 Yes Royal Salon 11640 E86 St N 1/31/2015 Yes DECEMBER 2014 Simple Simons 11330 N Garnett Rd 12/2/2014 Yes Baskin Robins 12808 E 86 St N 12/15/2014 Yes NOVEMBER 2014 Mathnasium 12336 E 86 St N 11/11/2014 Yes Lash Love 9100 N Garnett Rd 11/19/2014 Yes OCTOBER 2014 Whataburger 12903 -B E 96 St N 10/6/2014 Yes Blondy's Pizza 7708 N Owasso Exp 10/27/2014 Yes Hideaway Pizza 12903 -A E 96 St N 11/6/2014 Yes Jimmy John's Sandwhiches 9551 N Owasso Exp #102 11/6/2014 Yes SEPTEMBER 2014 Rock Nutrition 7703 N Owasso Exp #11 9/1/2014 Yes AUGUST 2014 Super 8 Hotel 11604 E 76 St N 8/15/2014 Yes JULY 2014 Heartland Dental 13101 E 96 St N 7/7/2014 Yes Bricktown Brewery 11909 E 96 St N 7/7/2014 Yes Tulsa Bone & Joint 12455 E 100 St N #120 6/11/2014 Yes Body by BJ 403 W 2 Ave #102 6/13/2014 Yes Ok Baptist Children's Home 12760 E 74 St N 6/30/2014 Yes PERMITS APPLIED FOR IN JUNE 2015 ADDRESS BUILDER ADD /ZONE VALUE A.S.F. [PERMIT# DATE 12009E 110 Ct N Capital Homes MGIV /RS3 $ 120,560 2,192 15- 0601 7 6/9/2015 12806E 67 PIN Rausch Coleman H HC /PUD $ 110,440 2,008 15- 0602 -X 6/9/2015 11212E 112 St N Ogden Steel HA /CG $ 66,000 114200 15- 0603 -C 6/10/2015 7591 N Owasso Exp Zernco FC /CH $ 275,000 3,819 15- 0604 -C 6/10/2015 14621E 111 PIN Capital Homes LVV1 /PUD $ 120,230 2,186 15- 0605 -X 6/11/2015 11211 N 148 E Ave Capital Homes LVV2 /PUD $ 120,230 210186 15- 0606 -X 6/11/2015 11088 N 114 E Ave Capital Homes MG /PUD $ 115,060 2,092 15- 0607 -X 6/11/2015 12017E 110 St N Simmons Homes MGIV /RS3 $ 106,645 1,939 15- 0608 -X 6/11/2015 13802E 92 Ct N Scalone Properties NH /RS3 $ 10,000 204 15- 0609 -X 6/11/2015 9495 N Owasso Exp Superior Graphics TYPV /CS $ 10,500 118 15- 0610 -S 6/11/2015 9495 N Owasso Exp Superior Graphics TYPV /CS $ 13,500 47 15- 0611 -5 6/11/2015 9100 N Garnett Rd A -Max Signs AHIII /CS $ 31500 18 15- 0612 -S 6/11/2015 9455 N Owasso Exp #K Stay Green TP /CS $ 10,000 20288 15- 0613 -C 6/15/2015 6608 N 128 E Ave Rausch Coleman HC /PUD $ 92,675 1,685 15- 0614 -X 6/15/2015 7004 N 120 E Ave Denham Homes KL /RS3 $ 143,000 2,600 15- 0615 -X 6/24/2015 106 S Atlanta St Bob Williams OT /CH $ 3,000 200 15- 0616 -C 6/24/2015 10100 N Garnett Rd Rupe Builders FCC /RS3 $ 2,300,000 13,145 15- 0617 -C 6/24/2015 107016 N 129 E Ave Fleming Build Co. RJ /CS $ 12,500,000 144,382 15- 0618 -C 6/24/2015 9700 N Garnett Rd LD Kerns ERR /CS $ 1,100,000 8,710 15- 0619 -C 6/24/2015 8787 N Owasso Exp Encinos 3D Custom MVCS /CS $ 51000 78 15- 0620 -5 6/24/2015 8517 N 129 E Ave Rainbow Signs ROCO /CS $ 950 26 15- 0621 -S 6/24/2015 12802E 86 St N Acura Neon ECCC /CS $ 6,500 134 15- 0622 -S 6/24/2015 8711 N 157 E Ave Simmons Homes PPPL /RS3 $ 153,285 210787 15- 0623 -X 6/25/2015 8517 N 129 E Ave Hwan Seo ROCO /CS $ 3,000 210100 15- 0624 -C 6/29/2015 15522E 88 St N Simmons Homes PPPL /RS3 $ 142,725 2,595 15- 0625 -X 6/30/2015 12020E 109 St N Simmons Homes MGIV /RS3 $ 111,430 2,026 15- 0626 -X 6/30/2015 8949 N Garnett Rd HiTech Construction 7's /CG $ 6,0001000 10,323 15- 0627 -C 6/30/2015 12932E 86 St N ABC Printing ROCO /CS $ 51000 105 15- 0628 -S 6/30/2015 11 Single Family $ 1,336,280 24,296 SgFt 1 Residential Remodel $ 10,000 204 SgFt 3 New Commercial $ 19,600,000 163,415 SgFt 6 Commercial Remodel $ 2,657,000 22,752 SgFt 7 Signs $ 44,950 526 Sq Ft 28 Total Building Permits $ 23,648,230 211,193 SgFt C;�ty o f Owaysn-111 N. Mai,w St. 0 0 K 7 4oss PROJECT STATUS REPORT City of Owasso Public Works Department July 1, 2015 • E. 76th Street North Widening (from U.S. Hwyl 69 to N. 129th East Avenue In October 2010, the City received notice that INCOG selected the project to receive federal funding in the amount of $2,090,000 for engineering, right -of -way and utility relocation costs. A 20% required match will be funded through the City of Owasso's Capital Improvement Fund. In October 2011, the City received notice that INCOG selected the project to receive federal funding in the amount of $3,470,000 for construction and administration costs. A 20% required match will be funded through the City of Owasso's Capital Improvement Fund. In February 2012, ODOT officials informed City staff of funds available in the Federal Surface Transportation Fund for the planning phase of E. 76th Street North Widening Project. In March, INCOG presented this project to its members for consideration to receive funding in 2012 for the engineering design. Project was approved by the Technical Advisory, Transportation Policy Committee, and INCOG Board of Directors - Engineering agreement for Poe & Associates, Inc. of Tulsa, Oklahoma and funding agreement was approved at the May 7, 2013, Council Meeting. - The engineering design is approximately 60% complete. - Right -of -way documents have been submitted to ODOT for final review - ODOT is reviewing the National Environmental Policy Act (NEPA) document. Staff anticipates approval from ODOT and FHWA by August 2015. • Garnett Widening (from E. 96th Street North to E. 106th Street North) In November 2012, Council approved an engineering agreement with Dewberry in the amount of $345,600. A Public Meeting for the Garnett Widening project was held June 27, 2013 with City staff and representatives from PSA Dewberry to receive citizen comments regarding the design. In October 2013, INCOG presented this project to its members for consideration to receive federal funding in FY 2017 for the construction phase. Project was approved by the Technical Advisory and Transportation Policy Committees. - On November 12, 2013, the INCOG Board of Directors approved federal funds to be allocated to this specific project in the year 2017 or sooner, if funding is available. The City of Owasso will receive $3.2 million in federal funds. - The engineering design is approximately 80% complete. - ODOT staff has approved the environmental study. - The N EPA document is currently being by FHWA. Thus.. the environmental phase is anticipated to be complete by July 2015 with ROW acquisition following soon after. • FY 2014 -2015 Street Rehabilitation Proaram In August 2014, City Council approved the project priority list. Funding in the amount of $1 million is included in the FY 2014 -2015 Capital Improvements Fund for this project. Bid awarded to Becco Construction on March 3rd 2015. The street rehabilitation will be complete on Main /Ash Street from E 14 St N to E 16 St N and E 90 St N and N 121 E Ave by mid -July 2015. From there, Becco will relocate to the Three Lakes loop. The last phase of the FY 2014 -2015 Street Rehabilitation Project is anticipated to be complete by November 2015. • E. 1 16th Street North and 129th East Ave Intersection Improvement Project Tulsa County and City of Owasso have partnered together to fund the engineering design, utility relocation and construction. In August 2014, application for funding for the construction phase of this project was submitted to INCOG. If funded, the "matching grant" will result in a grant of 80% ODOT funding, 10% Tulsa County funding and 10% City funding. - In October 2014, INCOG Transportation Technical Advisory Committee and the Transportation Policy Committee voted to recommend this project as eligible to receive STP funds. In addition, the INCOG Board of Directors met on Thursday, November 13th and approved this project to receive federal funds in the amount of $2,186,000. As a result, federal funds for construction will be available in FY 2018, or sooner, if funding is available. Environmental study recently commenced with approval expected in March 2016. Engineering design is approximately 60% complete. Plan -in -hand meeting held with ODOT and Tulsa County. Minor pay item changes have been made to the plans to reflect PIH comments. • E. 1 16th Street North and N 140th East Ave Signalization Project Plans approved by ODOT and City of Owasso City of Owasso 20% Funding, Maintenance Agreement and Resolution approved at January 20, 2015 Council Meeting. In February 2015, ODOT advertised this project for bids. Bid opening occurred in March 2015. Bid Award occurred in April 2015. A preconstruction meeting is scheduled between ODOT and contractor on July 7. Construction is scheduled to commence by July 22 with completion scheduled to occur by September 2015. • U.S. 169 Highway Widening Project (from E. 56th Street North to E. 66 Street North - In March 2015, ODOT is tentatively scheduled to advertise this project for bids with bid opening in April. Construction start date will be provided at a later date by ODOT. - Project bids were let on March 19, 2015 - Bid award occurred in April, 2015 with construction commencing in July 2015. - ODOT administered a preconstruction meeting with Becco in mid -June 2015. Construction is scheduled to start July 6 with completion scheduled to occur by February 2017. • Brookfield Crossing Stormwater Improvements In October 2014, City Council approved an agreement for engineering services with Kellogg Engineering. Engineering design is approximately 50% complete with final design expected to be complete in May 2015. Staff is currently meeting with neighboring property owners to determine if drainage easements will be granted for possible improvements. • E 19 h Street North and Garnett Intersection Improvements Construction contract was awarded to Darius Construction. Work is scheduled to commence in April with completion expected to occur by July 2015. Concrete installation for the additional lane is complete along with the installation of the traffic signal poles. Striping and signalization is scheduled for completion by mid -to -late July of this year.