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HomeMy WebLinkAbout2015.01.08_OEDA AgendaPUBLIC NOTICE OF THE MEETING OF THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY TYPE OF MEETING: Regular DATE: January 8, 2015 TIME: 10:00 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 PM on Tuesday, January 6, 2015. Chelsea M.E. Levo, Economic Development Director AGENDA 1. Call to Order Dr. Thomas, 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 December 11, 2014 regular meeting Attachment B. Approval of claims Attachment C. Acceptance of the monthly financial reports Attachment 3. Consideration and appropriate action relating to items removed from the Consent Agenda 4. Report from OEDA Director Ms. Levo Attachment • Business Development Report • Monthly Building Report • Public Works Project Status Report • Monthly Sales Tax Report 5. Report from OEDA Manager Mr. Lehr 6. Report from OEDA Trustees OEDA January 8, 2015 Page 2 8. New Business (New Business is any item of business which could not have been foreseen at the time of posting of the agenda.) 9. Adjournment MEETING OF THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY MINUTES OF MEETING Thursday, December 11, 2014 The Owasso Economic Development Authority met in regular session on Thursday, December 11, 2014 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, December 9, 2014. ITEM 1: CALL TO ORDER & ROLL CALL Dr. Thomas called the meeting to order at 10:00 AM. PRESENT ABSENT Dirk Thomas, Chairman David Charney, Trustee Dee Sokolosky, Vice Chairman Gary Akin, Secretary - arrived at 10:02am Jeri Moberly, Trustee Frank Enzbrenner, Trustee 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 November 13, 2014 Regular Meeting B. Approval of claims C. Acceptance of the monthly financial report Following discussion, Ms. Moberly moved to approve the consent agenda, seconded by Dr. Spriggs. AYE: Thomas, Sokolosky, Enzbrenner, Moberly, Spriggs NAY: None ABSTAI N: None Motion carried 5 -0. ITEM 3: CONSIDERATION AND APPROPRIATE ACTION RELATING TO ITEMS REMOVED FROM THE CONSENT AGENDA No action required ITEM 4: REPORT FROM OEDA DIRECTOR Gary Akin arrives. Chelsea Levo provided a business development report; Roger Stevens presented the Public Works project status report; Bronce Stephenson presented the Monthly Building Report for November; Linda Jones presented the sales tax monthly report. Discussion was held. ITEM 6: REPORT FROM OEDA MANAGER Warren Lehr discussed the '/2 penny sales tax proposition community education efforts, and advised that representatives from INCOG and PMg spoke to members of the Capital Improvements Committee during their meeting in December regarding the project selection process for excess Vision 2025 revenue collections. ITEM 7: REPORT FROM OEDA TRUSTEES No Report ITEM 8: NEW BUSINESS None December 11, 2014 ITEM 9: ADJOURNMENT Mr. Enzbrenner moved to adjourn the meeting, seconded by Ms. Moberly. AYE: Thomas, Sokolosky, Enzbrenner, Moberly, Spriggs, Akin NAY: None ABSTAIN: None Motion carried 6 -0. At 10:59 AM, the meeting adjourned. Juliann M. Stevens, Minute Clerk -2- I TO: THE HONORABLE CHAIRMAN AND TRUSTEES OWASSO ECONOMIC DEVELOPMENT AUTHORITY FROM: CHELSEA M.E. LEVO ECONOMIC DEVELOPMENT DIRECTOR SUBJECT: CLAIMS, OEDA DATE: January 8, 2015 No claims for December 2014. Owasso Economic Development Authority Statement of Revenues, Expenses and Charges in Fund Net Assets For the Month Ending December 31, 2014 Operating Revenues Operating Expenses: Materials & supplies Services & other charges Capital outlay Total Operating Expenses Operating Income (Loss) Non - Operating Revenges (Expenses): Investment income Promissory nose revenue RAN debt service &other costs Transfer from Hotel Tax Fund 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 YTD Budget $0.00 $0.00 $0.00 0.00 0.00 0.00 0.00 0.00 51000.00 0.00 0.00 0.00 0.00 0.00 51000,00 0.00 0.00 (51000.00) 0.69 4.11 8.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.69 4.11 $8.00 0.69 4.11 (4t992.00 0.00 0.00 0.00 O,69 , 1 1 (41992.00) 91062.66 91054-51 $9106637 ! } t L.. Awk The Ci'ty Wit i out TO: THE HONORABLE CHAIR AND TRUSTEES OWASSO ECONOMIC DEVELOPMENT AUTHORITY FROM: CHELSEA M.E. LEVO DIRECTOR OF ECONOMIC DEVELOPMENT SUBJECT: DIRECTOR'S REPORT BUSINESS RETENTION & EXPANSION (BR &E) • Andolini's will celebrate their 10 -Year Anniversary on January 8, 2015. • Local retailers are verbally reporting the 2014 Holiday Shopping Season was excellent. Increased sales, shoppers, and profits are evident. We look forward to seeing what the sales tax reports say next month. • The Holly Trolley had another successful run this year. Drivers reported a record high ridership the last two Saturdays of the shopping season. REGIONAL DEVELOPMENT Construction on Macy's is wrapping up and they are hiring. Macy's will announce the executive for the facility later this month. Tulsa's Future announced 6,192 jobs were announced in 2014 due to its regional economic development efforts. Companies in the Owasso area benefiting from jobs announcements are Capital One, Hewlett Packard, NORDAM Group, and Lufthansa Technik Component Services. UPCOMING EVENTS • This coming Tuesday, January 13th is the city -wide election asking Owasso citizens to vote on a sales tax increase of '/2 penny dedicated to police, fire, and streets. If you are an Owasso resident, please vote on Tuesday. • The 2015 Owasso Economic Summit will be coming soon. The focus this year will be Main Street development. IL Month 2005 2006 2007 2008 2009 1 0! 2011 2012 2013, 2014 I January 31 22 13 25 15 17 18 19 15 22 2 February 52 41 14 19 23 29 17' '15 26 21 3 March 65, 50 25 35 30 46 14 27 27 3 1 4 April 63 52 30 311 36 311, 19 26 26 36 5 May 43 36 60 23 27 30, 20 23 19 17 61 June 42 29 27 21 34 23 19 24 19 12 7 July 27 12 23 24, 28 17 20 15 27 23 8 August 45 28, 27 18 28 19 12, 15 18 119 9 September 35 12 17 40, 20 11 12 12" 28 15 10 October, 30 25 31 15 36 13 1 0 21 15 19 11 November 32 13 26 10 13 1 8 11 '7 21 12 December 53 16 8 6 13 10 16 11 34 Totols 5181 336 301 267 303 246 179 224 238 270 YT D, 518 336 301 7 303 246 179 224 238 270 TOTAL FOP E41CY-YEV2, ...... . ... -" " "- 1 . ....... . .... 2010 20 1 . . .. TOTA L 21,464,8551 28,202,279 32, 102,888 34,337,904 CITY OF OWASSO RESIDENTIAL LOT INVENTORY STATUS December 31, 2014 SUBDIVISION Burberry Place (6109) Camelot Estates (4107) Carrington Paiute 1 (1/11) Champions East (05108) Champions West (5108) Country Estates III (3/99) Country Estates VI (11103) Crescent Ridge (02108) Fairways V (8199) Fairways VI (12100) Falls at Garrett Creek (12105) Falls at Garrett Creek Amended (12105) Hickory Creek Honey Creek (4/02) Keys Landing (3108) Lake Valley IV (5170) Lake Valley V (9130) Lake Valley V (Phase 2) Lakes at Bailey Ranch (10107) Maple Glen {12/08} Maple Glen II (x/11) Maple Glen III (5113) Maple Glen IV (612114) Nottingham Estates IV (8/01) Nottingham estates V (3101) Nottingham Hill (6/09) Park Place at Preston Lakes Preston Lakes (12100) Preston Lakes III (10104) Remington Park II (11/04) Sawgrass Park II (04105) The Summit at Southern Links (6197) Watercolours (12/Q2) TOTALS # OF LOTS # DEVELOPED # AVAILABLE 89 87 2 189 198 86 171 169 1 66 10 58 45 22 28 1 58 8 37 88 101 93 71 88 5 42 41 1 85 84 1 24 23 1 59 10 49 292 198 181 118 18 114 112 2 78 61 17 82 25 57 235 282 8 8 95 8 98 89 43 89 92 33 59 29 17 8 44 48 1 58 18 45 93 48 47 272 248 29 147 144 3 84 82 2 98 94 2 81 28 49 81 9 303 2529 505 Watercolours (12102) The SUMMit at SGuthern Links (6/97) awgrass Park It (04/05) Remington Park II {11/04 Preston Lakes Ill 10104) Preston Lakes (12190) Parts Place at Preston Lakes Nottingham Hill (J09) Nottingham Estates V (3101) Nottingham Estates 1V (8101) Maple Glen IV (6!2/14) Maple Glen 111 (5/13) Maple Glen 11 (1 /11) Maple Glen (12108) Lakes at Bailey Ranch (19197) Lake Valley V (Phase ) Lake Valley V (9/30) Lake Valley IV (5110 Keys Landing (3108) Haney Creek (4102) Hi kory Creek Falls at Garrett Creek Amended (12/05) Falls at Garrett Creek (12/05) Fairways V (12/0 0) Fairways V (8199) Crescent Ridge (02108) Country Estates V1 (11/03) Country Estates 111 (3/99) Champions best (5/08) Champions East (85108) Carrington Pointe 1 (1111) Camelot Estates (4107) Burberry Place (6/09) CITY OF OWASSO Residential Lot Inventory Status 0 50 100 +150 200 250 300 Lots Developed 13Total Lots COM M E RCIA L N EW CONST'RUCTI 0 N MO NTH E N D RE PO RT'D ECE M BE R 2014 Month 2�004 2005 2006 2007 2008 2009 2010 2011 2012' 2013 2014 1 January 1 2 9 4 4 1 1 3 1 1 1 2 February 5 5 0 3 2 0 1 1 1 0 3 March 2 1 14 2 0 1 3 0 0 0 1 4r April 3 41 1 0 4 1 1 1 01 1 0 5 May 1 3 2 1 1 2 1 2 1 0 O 6 jun'e 4 3 4 1 1 2 0 0 2 1 2 7 July 0 0 0 0 1 0 0 01 0 1 01 8 August, 3 1 7 3 1 0 0 2 2 0 3 9 September 1 2 1 28 3 0 O� 0 0 0 0 10 October 0 1 3 4 1 0 0 1 0 4 0 11 November, 3 0 1 1 1 2 2 1 0 1 3 12 December 0 1 1 1 1 0 1 0 0 2 Totals 23 23 43 48 20 9 10 11 7 11 12 YTD 23 23 43, 48 20 9 10 11 '7 11 12 DECEMBER YEAR-TO-DAT'E COUNT OCCUPANCY PERMITS NAME ADDRESS APPLICATION OPENING COMPLETE DATE DATE DECEMBER 2014 Simple Simons 11330 N Garnett Rd 913/2014 1212/2014 Yes Baskin Robins 12303 E 86 St N 5/12/2014 12/15/2014 Yes NOVEMBER 2014 Mat nasium 12336 E 86 St N 10/30/2014 11111/2014 Yes Lash Love 9109 N Garnett Rd 1113/2014 11119/2014 Yes OCTOBER 2014 whataburer 12903 --B E 96 St N 6/17/2014 10/6/2014 Yes Blondy's Pizza 7708 N Owasso Exp 10/6/2014 10/27/2014 Yes Hideaway Pizza 12903 -A E 96 St N 3/512014 11/6/2014 Yes Jimmy John's Sandw fiches 9561 111 Owasso Exp #102 8/13/2014 11/612014 Yes SEPTEMBER 2014 Rock Nutrition 7703 N Owasso Exp #11 611812014 91112014 Yes AUGUST 2014 Super 8 Hotel 11604 E 76 St N 212612013 3/1 6/2914 Yes .DULY 2014 Heartland Dental 13101 E 96 St N 11/12/2013 71712914 Yes B ri ktown Brewery 11909 E 96 St N 8/29/2014 717/2014 Yes JUNE 2014 Bite Perfect 12319 E 101 P1 N #102 4/1312013 6/3/2014 Yes Ichiban Steak House 9600 N 129 E Ave #100 3119/2014 6/2412014 Yes 9inetyEi ht Apartments 12799 E 100 St N 1 -24 2126/2013 611912914 Yes Tulsa Bone & Joint 12466 E 100 St N #120 316/2014 6/11/2014 Yes Boer by BJ 408 W 2 Ave #102 4/2212014 6/13/2014 Yes k Baptist Children's Hone 12760 E 74 St N 012912013 6130/2014 Yes MAY 2014 Garrett Creels Wine & Spirits 11 560 N 135 E Ave #110 411612014 516/2014 Yes RB Bark 12200 E 96 Bt N 1012212913 611412914 Yes Bt. John Medical Office 12455 N 190 E Ave 1/27/2014 8/1412014 Yes APRIL 2014 Discount Tire 18321 E 116 St N 1011412013 410012014 Yes Ledford Properties 428 E 22 St N 1/15/2014 4/412014 Yes Owasso Auto Spa /Dog Wash 9809 N 119 E Ave 212112014 4114/2014 Yes /MARCH 2014 Lino Veracruz 301 VII 12 St 212612014 3/612914 Yes FEBRUARY 2014 Gram ma's Attic 11211 N Garrett Rd 2124/2014 2/26/2014 Yes JANUARY 2014 Env! Spa 9456 N Owasso Exp ##G 1012212913 1/212914 Yes Raising Canes 13301 E 96 Bt N 7/812013 1/8/2014 Yes Simply Nutrition 117B S Main St 11912014 1/1812014 Yes St. Johns MOB 3rd Floor 12456 N 100 E Ave 9/3012013 112212014 Yes Friendship Baptist Church 14100 E 86 St N 9/11/2013 1/24/2014 Yes AAA Insurance 11519 N Garnett Rd 9116/2013 1/23/2014 Yes PERMITS APPLIED FOR IN DECEMBER 2014 ADDRESS BUILDER ADD /ZONE VALUE A.SqF. PERMIT# DATE 10912E 110 St N Meadows Buildings MC /RE $ 14,000 814- 1201 -X 12/1/2014 101 E 4 Ave Paul Davis Rest. OT /R53 $ 60,000 814- 120 2 -X 12/1/2014 7609 N 142 E Ave executive Homes CW /RS3 $ 166,485 3,027 14- 1203 -X 12/1/2014 11111 N 148 E Ave Simmons Homes LVVII /R53 $ 1111430 2,026 14- 1204 -X 12/1/2014 11109 N 148 E Ave Simmons Homes LVVII /RS3 $ 92,015 11673 14- 1205 -X 12/1/2014 15403E 87 St N Simmons Homes PPPL /RS3 $ 157,685 21867 14- 1206 -X 12/2/2014 9003 N Garnett Rd RECD Enterprises SF /CS $ 750,000 4,128 14- 1207 -C 12/3/2014 11113 E 103 St N IRECO Enterprises OGofO /CG $ 3,6851000 1 231316 14- 1208 -C 12/3/2014 12701E 86 PIN Vincent Longobordi KP /CS $ 11000 37 14- 1209 -S 12/3/2014 14101E 91 St N Armstrong Home Bld. CE /RS3 $ 133,815 2,433 14- 1210 -X 12/3/2014 12202 N 146 E Ave Simmons Homes LVVII /RS3 $ 11$,525 21155 14- 1211 -X 12/3/2014 14611 E 111 Ct N Simmons Homes LVVfI /RS3 $ 111,430 2,026 14- 1212 -X 12/3/2014 11208 N 146 E Ave Simmons Homes LVVI! /RS3 $ 123,805 2,251 14- 1213 -X 12/3/2014 14604 E 112 PI fV Simmons Homes LVVI! /RS3 $ 105,710 11922 14- 1214 -X 12/4/2014 14625E 111 Ct N Simmons Homes LVVIf /RS3 $ 1111430 2,026 14- 1215 -X 12/9/2014 14627 E 111 Ct N Simmons Homes LVVII /RS3 $ 111,430 2,026 14- 1216 -X 12/9/2(}14 14522E 113 St N Simmons Homes LVVII /RS3 $ 1111430 21026 14- 1217 -X 12/9/2014 14512E 112 PIN Simmons Homes LVVII /RS3 $ 111,430 2,026 14- 1218 -X 12/9/2014 14616E 112 Pl N Simmons Homes LVVII /RS3 $ 1111430 21026 14- 1219 -X 12/9/2014 14610E 112 PIN Simmons Homes LVVII /RS3 $ 100,815 11833 14- 1220 -X 12/9/2014 14608 E 112 PIN Simmons Homes LVVII /RS3 $ 123,695 21249 14- 1221 -X 12/9/2014 14603 E 113 St N Simmons Homes LVVII /RS3 $ 106,645 1,939 14- 1222 -X 12/9/2014 14205E 92 St N White Hat Homes CE /RS3 $ 187,605 31411 14- 1223 -X 12/10/2014 9303 N 101 E Ave Daniel Young FW /RS3 $ 20,000 450 14- 1224 -X 12/10/2014 109 N Atlanta St Dewayne Welborn OT /CH $ 71000 44$ 14- 1225 -X 12/10/2014 14614E 112 PIN Simmons Homes LVVIi /RS3 $ 123,695 21F249 14- 1226 -X 12/10/2014 7601E 83 PIN Executive Homes CARPI /RS3 $ 143,440 2,508 14- 1227 -X 12/11/2014 14605 E 111 Ct N Simmons Homes LVVIf /R53 $ 111,430 21026 14- 1228 -X 12/11/2014 7505E 82 PIN Ko[t Systems CARPI /RS3 $ 159,500 2,900 14- 1229 -X 12/16/2014 7621E 83 PIN Hayes Custom Homes CARPI /RS3 $ 99,000 1,800 14- 1230 -X 12/15/2014 1401 N Cedar SC Homeowner ATOR /RS3 $ 21500 133 141231 -X 22/16/2014 12007 E 110 Ct N Capital Homes MG1V /R53 $ 114,950 21090 14- 1232 -X 12/17/2414 10903 N 121 E Ave Simmons Homes MGIV /RS3 $ 1181525 21155 14- 1233 -X 12/17/2014 11005E 119 St N Sparks Inc. CEI1 /RS3 $ 751000 11570 14- 1234 -X 12/18/2014 9045 N 121 E Ave, #700 TBD SF /CS $ 351000 51701 14- 1235 -C 12/18/2014 8266 N 127 E Ave Andy On -Gall EGEFA /RS3 $ 11430 11646 14- 1236-X 12/23/2014 11443E 110 PIN Hawkins Bro. Const. MG /RS3 $ 90,000 11884 14- 1237 -X 12/30/2014 8255 N 77 E Ave Executive Homes CARPI /RS3 $ 159,115 21893 14- 1238 -X 12/30/2014 8233 N 77 E Ave Executive Homes CARPI /RS3 $ 146,740 21668 14- 1239 -X 12/30/2014 6649 N 128 E Ave Rausch Coleman HC /R53 $ 103,235 21297 14- 1240 -X 12/30/2014 6705 N 128 E Ave Rausch Coleman HC /RS3 $ 108,460 21392 14- 1241 -X 12/30/2014 12009 E 110 St N Simmons Homes MGIV /RS3 $ 100,815 1,833 14- 1242 -X 12/30/2014 W11206 N 146 E Ave Simmons Homes LVVII /RS3 $ 1111430 21026 14- 1243 -X 12/30/2014 C;L,f y of wave W 1 N. Mv,� S- wa�W, 74055- PERMITS APPLIED FOR IN DECEMBER 2014 12017E 110 PIN Simmons Homes MGIV /RS3 $ 100,760 11832 14- 1244 -X 12/30/2014 12009 E 109 PIN Simmons Homes MGIV /RS3 $ 11,430 21026 14- 1245 -X 12/30/2014 12013 E 110 PIN Capital Homes MGIV /R53 $ 1441980 2,636 14- 1246 -X 12/31/2014 202 S Cedar St, #E Acura Neon OT /CH $ 4,400 27....1.14-1247-S 5,701 SgFt 12/31/2014 34 Single Family $ 41154,315 76,373 SgFt Residential Remodel $ 748,930 6,483 S Ft Accessory $ 21p000 11248 S Ft 2 New Commercial 4,43 v OO 27,5O4 S Ft I Commercial Remodel $ 35,0000 5,701 SgFt 2 Signs 5,400 64 SFt 147 Total Building Permits $ 8,899,645 117,373 Sq Ft PROJECT STATUS REPORT City of Owasso Public Works Department January 6, 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 ODOT staff has reviewed and approved six out of the seven sections of the environmental study. The remaining section - The Threatened and Endangered Species Study is still being reviewed by ODOT with a final approval expected by January 2015. City staff anticipates the ROW documents being approved by ODOT by March 2015. • Ranch Creek Sanitary Sewer Improvements May 2012, City Council awarded an engineering agreement in the amount of $175,000 to Kellogg Engineering Incorporated. As part of an OWRB requirement, a Public Hearing over the environmental document was held June 13, 2013. Kellogg Engineering presented the engineering drafts of the proposed interceptor alignment for review by meeting attendees. - In September 2013, Kellogg Engineering completed the engineering design. - In October 2013, ODEQ approved engineering design and plans. - On December 3, 2013, OPWA Trustees awarded a bid to Rosetta Construction, LLC, in the amount of $2,864,543. - The contractor has completed installation of all infrastructure and is now is in the process of final grading and seeding of the site. Staff will be meeting with the contractor and engineer to perform a final inspection this week. Staff anticipates final completion by mid - January 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 reviewed and approved six out of the seven sections of the environmental study. The remaining section - The Threatened and Endangered Species Study is still being reviewed by ODOT with a final approval expected by January 2015. City staff anticipates the ROW documents being approved by ODOT by March 2015. • Hale Acres Offsite Sanitary Sewer Line Improvements - Sanitary sewer project is funded in the Wastewater Collection Operating Budget. As a result of inadequate slope, the offsite Hale Acres gravity sewer line is need of replacement. The estimated cost for such improvements is $270,000. - The Permit to Construct has been received from ODEQ. - Trustees awarded a construction contract to Triangle Construction in the amount of $359,879. - The contractor has completed installation of all infrastructure and is now is in the process of final grading and seeding of the site. Staff will be meeting with the contractor and engineer to perform final inspection within the next two weeks. Staff anticipates final completion by the end of January 2015. • FY 2013 -2014 Street Rehabilitation Program - In August 2013, City Council approved the project priority list. - Funding in the amount of $1 million is included in the FY 2013 -2014 Capital Improvements Fund for this project. - 80% of the crack sealing portion of this project is complete. The Contractor will finish remaining areas, as weather permits. - Council awarded a construction contract to Tri -Star construction in the amount of $827,296. - Milling of roads is complete. Although Tulsa County has mobilized, weather has delayed the asphalt overlay. When temperature reaches 40 degrees, the asphalt overlay will commence. Once asphalt has been placed, the contractor will complete the striping and the project will be complete. • 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 documents are in the final stage of completion. Bid advertisement scheduled to occur in January 2015 with bid opening in February 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. Preliminary plans are under review by staff and being sent to the utility companies for their first review.