HomeMy WebLinkAbout1998.02.12_OEDA Agenda~ y
PUBLIC NOTICE OF THE MEETING OF THE
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
TYPE OF MEETING:
DATE:
TIME:
PLACE:
Regular
February 12, 1998
10:00 a.m.
Owasso City Hall
Lower Level Conference Room
207 S Cedar, Owasso, Oklahoma
Notice and agenda filed in the office of the City Clerk and posted on the City Hall b lletin board
at 11:00 a. m. on Monday, February 9, 1998.
Robert Tobias, Econom' De opment Director
AGENDA
1. Call to Order
2. Roll Call
3. Request Approval of the Minutes of January 8, 1998 Regular Meeting.
Mr Enzbrenner
Attachment #3
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
FEBRUARY 12, 1998
PAGE 2
4. Request Approval of Claims.
Mr Enzbrenner
Attachment #4
5. Presentation of Financial Report.
Ms Bishop
Attachment #5
6. Consideration and Appropriate Action Relating to an Application for Final Payment from
Brown Construction Company in the Amount of $2960 for Contracted Work Completed
at the ONG Work Center Project.
Mr Ray
Attachment #6
The staff will recommend Trustee approval of this final payment request.
7. Update and Discussion of Issues Relating to Right-of-Way for Extension of Fifth Avenue
(NSP Industrial Access Road).
Mr Ray
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
FEBRUARY 12, 1998
PAGE 3
8. Report from OEDA Manager
Mr Ray
11. Adjournment
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
MINUTES OF REGULAR MEETING
January 8, 1998
PRESENT
Gary Akin
Brian Smith
Mark Wilken
Alan Anderson
Brenda Lawrence
ITEM 1: CALL TO ORDER
ABSENT
Frank Enzbrenner
Tom Kimball
STAFF PRESENT
Rodney Ray
Sherry Bishop
Robert Carr
Robert Tobias
Vice Chairperson Gary Akin called the meeting to order at 10:07 AM and declared a quorum
present.
ITEM 2: ROLL CALL
ITEM 3: REQUEST APPROVAL OF MINUTES OF DECEMBER 11 1997
REGULAR MEETING
Motion was made by Mr. Anderson and seconded by Mr. Wilken, to approve the minutes of the
December 11, 1997 regular meeting. A vote on the motion was recorded as follows:
Anderson - Yes
Smith - Yes
Lawrence - Yes
Akin - Yes
Wilken - Yes
The motion carried 5 -0.
ITEM 4: REQUEST APPROVAL OF CLAIMS
No Claims.
ITEM 5: PRESENTATION OF FINANCIAL REPORT
Report was given by Ms. Bishop.
ITEM 6: REPORT FROM DIRECTOR OF ECONOMIC DEVELOPMENT
Mr. Tobias briefed the Authority on the status of several economic development projects and
prospects.
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
January 8, 1998
Page No. 2
ITEM 7: UNFINISHED BUSINESS
None
ITEM 8: NEW BUSINESS
None
ITEM 9: ADJOURNMENT
Mr. Anderson moved to adjourn, seconded by Mr. Wilken. A vote on the motion was recorded
as follows:
Anderson - Yes
Smith - Yes
Lawrence - Yes
Akin - Yes
Wilken - Yes
Motion carried 5 -0 and the meeting was adjourned at 10:25 AM.
Frank Enzbrenner, Chairperson
Date Approved
City of Owasso
Owasso Economic Development Authority
Schedule of Revenues and Expenses
For the Month Ending January 31, 1998
Operating income:
Contributions
Sale of property
Other
Operating expenses:
Materials & supplies
Services & other charges
Capital outlay
Total revenues
Total expenses
Operating income (loss)
Non - operating income (expenses):
Proceeds of construction loan
ONG Work Center Project
Total non - operating income (expenses)
Net income (loss)
Fund balance" 07/01/97
Fund balance" 01/31/98
MTD
$0.00
0.00
82.66
82.66
I II
MM
5,102.50
0.00
5,102.50
5,185.16
"Note: For the purposes of this report, "Fund balance" includes only
current assets and current liabilities.
YTD
$0.00
0.00
528.53
528.53
0.00
625.00
0.00
625.00
(96.47)
232,296.47
(232,296.47)
0.00
(96.47)
$38,273.53
$38,177.06
207 South Cedar
PO Box 180
Owasso, OK 74055
February 12, 1998
Mr. Frank Enzbrenner
RCB Bank of Owasso
11633 E. 86th Street North
Owasso, OK 74055
Dear Mr. Enzbrenner:
City of Owasso
d
1..
I,
(918) 272 -2251
FAX (918) 272 -4999
On behalf of the Owasso Economic Development Authority and the City of Owasso, I have
reviewed all lien releases from Brown Construction Company and the subcontractors who have
completed work as of February 12, 1998 as reported by the company and Coleman, Ervin,
Johnston, the architect, on AIA Document 0702, Application and Certificate for Payment, for
the Final Payment due upon completion at the ONG Work Center.
I certify that all lien releases are in place, as required, and request authorization for payment of
$2,960.00, the amount certified, to Brown Construction Company.
Sin4�ze
Rodney J. Ray
City Manager
fledettersong021298
February 12, 1998
Mr. Frank Enzbrenner
RCB Bank of Owasso
11633 E. 86th Street North
Owasso, OK 74055
AUTHORIZATION FOR PAYMENT
Dear Mr. Enzbrenner:
This letter is to acknowledge that Oklahoma Natural Gas has been advised of the authorization
request to pay Brown Construction Company $2,960.00. Oklahoma Natural Gas Company
approves this proposal which serves as the final payment due upon completion of the ONG
Owasso Work Center Project.
If you have any questions or need additional information, please contact me at 274 -4000.
Sincerely,
Jim Stout
Owasso Area Manager
file:lettersong021298
APPLICATION AND CERTIFICATE FOR PAYMENT AlA DOCUMENT 0702 (Instructions on reverse side) PAGE ONE OF FACES
TO (OWNER): Owasso
Economic Development
PROJECT: ONG Owasso Work Center
_ APPLICATION NO: Final
Distribution to:
Authority
TOTALS
27,549.27
❑ OWNER
207 S.
Cedar
5 1,109,893.27
PERIOD TO: Jan. 7, 1998
❑ ARCHITECT
Owasso,
OK 74055
a. _ % of Completed Work S
❑ CONTRACTOR
FROM (CONTRACTOR):
The Brown Construction
Co VIA (ARCHITECT): Coleman Ervin Johnston
ARCHITECT'S
❑
543 South Victor
610 South Main
PROJECT NO:
O
6. TOTAL EARNED LESS RETAINAGE ...................
Tulsa, OK 74129
Tulsa, OK
(Line 4 less Line 5 Total)
CONTRACT FOR: ONG
Owasso Work Center
PAYMENT (Line 6 from prior Certificate) .........
CONTRACT DATE: IL -12 -96
B. CURRENT PAYMENT DUE ......................I ...
CONTRACTOR'S APPLICATION FOR PAYMENT
CHANGE ORDER SUMMARY
Continuation Sheet, AIA Document G703, is attached.
Change Orders approved in
previous months by Owner
TOTAL
ADDITIONS DEDUCTIONS
27,549.27
Approved this Month
Number Date Approved
2. Net change by Change Orders ............ ..........
TOTALS
27,549.27
Net change by Change Orders
27 549.27
The undersigned Contractor certifies that to the best of the Contractor's knowledge,
information and belief the Work covered by this Application for Payment has been
completed in accordance with the Contract Documents, that all amounts have been
paid by the Contractor for Work for which previous Certificates for Payment were
issued and payments received from the Owner, and that current payment shown
herein is now due.
By:
THE BROWN CONSTRUCTION CO., INC.
Date: January 7, 1998
ARCHIT`OCT'S CERTIFICATE FOR PAYMENT
In accordance with the Contract Documents, based on on-site observations and the
data comprising the above application, the Architect certifies to the Owner that to the
best of the Architect's knowledge, information and belie(. the Work has progressed as
indicated, the quality of the Work is in accordance with the Contract Documents, and
the Contractor is entitled to payment of the AMOUNT CERTIFIED.
• _111wrn- I— . , co',CkT,nN "Nn t EPTIF1r' Tr FOR PAYMENT • MAY 1983 EDITION • AIM • 0 1901
Application is made for Payment, as shown below, in connection with the Contract.
Continuation Sheet, AIA Document G703, is attached.
1. ORIGINAL CONTRACT SUM .......................
S 1,082,344,00
2. Net change by Change Orders ............ ..........
S 27.549.27
3. CONTRACT SUM TO DATE (Line 1 t 2) ..............
5 1, 109, 893.27
4. TOTAL COMPLETED & STORED TO DATE............
5 1,109,893.27
(Column G on 6703)
5. RETAINAGE:
a. _ % of Completed Work S
(Column D + E on G703)
b. — % of Stored Material S
(Column F on G703)
Total Retainage (Line Sa +Sb or
Total in Column I of G703) .. ..................
S
6. TOTAL EARNED LESS RETAINAGE ...................
S 1 109 893.27
(Line 4 less Line 5 Total)
7. LESS PREVIOUS CERTIFICATES FOR
PAYMENT (Line 6 from prior Certificate) .........
5 1,106,911.27
B. CURRENT PAYMENT DUE ......................I ...
S 2,960.00
9. BALANCE TO FINISH, PLUS RETAMAGE .............
S -0-
(Line 3 less Line 6)
-
State of: Oklahoma C441,nty of:
Subscribed an or o befo e e t
Notary Public:
My Commission ex it -19 -2000
Tulsa
day of January ,19 98
n
AMOUNT CERTIFIED .. ............................... S
(Attach explanation it amount certified differs from the amovnt applied for,)
ARCHITEC": d q,
By:
Date:
This Certificate is not negotiable. The AMOUNT CERTIFIED is payable only to the
Contractor named herein. Issuance, payment and - acceptance of payment are without
prejudice to any rights of the Owner or Contractor under this Contract.
CONTINUATION SHEET PERIOD FROM:
T0: JAN 7, 1998
OWASSO ONG WORK CENTER
ITEM DESCRIPTION SCHED. VALUE I PREV APPLICATION WORK IN PLACE
PAGE 2
RETAINAGE
STORED TOTAL TO DATE I % BALANCE
0.00
RETAINAGE
;BONDS 6 INSURANCE
12000.00 I
12000.00
0.00
12000.00 I
1.00
- 0.00
0.00
2MOBILIZATION
4000.00 I
4000.00
0.00
4000.00 I
1.00
0.00
0.00
3GENERAL CONDITIONS
55000.00 I
55000.00
0.00
55000.00 I
1.00
0.00
0.00
4TERMITE PROTECTION
1000.00 I
1000.00
0.00
1000.00 I
1.00
0.00
0.00
5LANDSCAPING
25000.00 I
23750.00
1250.00
25000.00 I
1.00
0.00
0.00
6IRRIGATION SYSTEM
18000.00 I
18000.00
0.00
18000.00 I
1.00
0.00
0.00
7FENCE
28156.00 I
28156.000
0.00
28156.00 I
1.00
0.00
0.00
BASPHALT PAVING
22000.00 I
22000.00
0.00
22000.00 I
1.00
0.00
0.00
9CONCRETE PAVING
92688.00 I
92688.00
0.00
92688.00 I
1.00
0.00
0.00
IOSITEWORK
54000.00 I
54000.00
0.00
54000.00 I
1.00
0.00
0.00
11CONCRETE
68000.00 I
68000.00
0.00
68000.00 I
1.00
0.00
0.00
12MASONRY
70000.00 I
70000.00
0.00
70000.00 I
1.00
0.00
0.00
13STRUCTURAL STEEL
70000.00 I
70000.00
0.00
70000.00 I
1.00
0.00
0.00
14ROUGH CARPENTRY
3600.00 I
3600.00
0.00
3600.00 I
1.00
0.00
0.00
15MILLWORK
25000.00 I
25000.00
0.00
25000.00 I
1.00
0.00
0.00
16ROOFING
75000.00 I
75000.00
0.00
75000.00 I
1.00
0.00
0.00
17CAULKING
13000.00 I
13000.00
0.00
13000.00 I
1.00
0.00
0.00
18E I F S
4200.00 I
4200.00
0.00
4200.00 I
1.00
0.00
0.00
19HOLLOW METAL
6700.00 I
6700.00
0.00
6700.00 I
1.00
0.00
0.00
20WOOD DOORS
2200.00 I
2200.00
0.00
2200.00 I
1.00
0.00
0.00
21FINISH HARDWARE
8200.00 I
8200.00
0.00
8200.00 I
1.00
0.00
0.00
22ALUNINUM STOREFRONT
23000.00 I
23000.00
0.00
23000.00 I
1.00
0.00
0.00
230YERHEAD DOORS
8000.00 I
6000.00
0.00
8000.00 I
1.00
0.00
0.00
24DRYWALL 6 ACOUSTICAL
35000.00 I
35000.00
0.00
35000.00 I
1.00
0.00
0.00
'5PAINT 6 VINYL WALL
16500.00 I
16500.00
0.00
16500.00 I
1.00
0.00
0.00
FLOORING
25000.00 I
25000.00
0.00
25000.00 I
1.00
0.00
0.00
27TOILET SPECIALTIES
5000.00 I
5000.00
0.00
5000.00 I
1.00
0.00
0.00
28LOCKERS
3500.00 I
3500.00
0.00
3500.00 I
1.00
0.00
0.00
29$IGNS
1200.00 I
1200.00
0.00
1200.00 I
1.00
0.00
0.00
30FLAG POLE
1500.00 I
1500.00
0.00
1500.00 I
1.00
0.00
0.00
31BANK EQUIPMENT
1600.00 I
1600.00
0.00
1600.00 1
1.00
0.00
0.00
32BLINDS
1300.00 I
1300.00
0.00
1300.00 I
1.00
0.00
0.00
33HVA /C
126000.00 I
126000.00
0.00
126000.00 I
1.00
0.00
0.00
34PLUMBING
73000.00 I
73000.00
0.00
73000.00 I
1.00
0.00
0.00
35FIRE PROTECTION
20000.00 I
20000.00
0.00
20000.00 I
1.00
0.00
0.00
36ELECTRICAL
'84000.00 I
84000.00
0.00
84000.00 I
1.00
0.00
0.00
37CHANGE ORDER 01
5786.00 I
5786.00
0.00
$786.00 I
1.00
0.00
0.00
38CHANGE ORDER #2
2427.00 I
2427.00
0.00
2427.00 I
1.00
0.00
0.00
39CHANGE ORDER #3
4486.00 I
4486.00
0.00
4486.00 I
1.00
0.00
0.00
39CHANGE ORDER #4
9345.00 I
9345.00
0.00
9345.00 I
1.00
0.00
0.00
39CHANGE ORDER 15
---------------------------------------------------------------------------------------------------------------------------------
5505.27 I
5505.27
0.00
5505.27 1
1.00
0.00
0.00
TOTALS
1109893.27 I
1108643.27
1250.00
0.00 1109893.27 I
0.00
0.00
9549
CLAIM OR INVOICE AFFIDAVIT
STATE OF OKLAHOMA )
ss
COUNTY OF Tulsa )
00300 -9
The undersigned (Architect, Contractor, Supplier, Engineer or
supervisory Official), of lawful age, being first duly sworn, on
oath says that this (Invoice, Claim or Contract) is true and
correct. Affiant further states that the (work, services or
materials) as shown by this Invoice or Claim have been (completed
or supplied) in accordance with the Plans, Specifications, orders
or requests furnished to the affiant. Affiant further states that
(s)he has made no payment, nor given, nor donated, or agreed to
pay, give, or donate, either directly or indirectly, to any elected
official, officer, or employee of the State, County, or City of
money or any other thing of value to obtain payment or the award of
this contract. ����
Uon Co., Inc.
Contractor
Subscribed and sworn to before me this 7 day of Janaury
19 9�7
Notary Public
My Commission Expires:
Engine or 0 er upe
t�
Arc itect, or ther Su
4 -19 -2000
sory Official
ory offici
Subscribed and sworn to before me this �� day of
192C
/J G1
Notate L ubl°ic
yk_: h -I
My Commission Expires: 4 -19 -2000
NOTE: Strike out words not appropriate d
Signature line. Architect, Engineer app appropriate
required for Contractor or Supplier Affidavit. is not
AFFIDAVIT OF
RELEASE OF LIENS
AIA DOCUMENT G706A
TO (Owner)
ARCHITECT
EJ
CONTRACTOR
❑
SURETY
❑
OTHER
Owasso Economic Development
Authority
207 South Cedar°
Owasso, OK 74055
L
PROJECT: ONG Work Center
(name, address) 12250 E. 96th Street North
Slate of:
County of
ARCHITECT'S PROJECT NO:
CONTRACT FOR: ONG Owasso Work Center
J CONTRACT DATE: November 12, 1996
The undersigned, pursuant to Article 9 of the General Conditions of the Contract for Construction, AIA Document
A201, hereby certifies that to the best of his knowledge, information and belief, except as listed below, the Releases
or Waivers of Lien attached hereto include the Contractor, all Subcontractors, all suppliers of materials and equip-
ment, and all performers of Work, labor or services who have or may have liens against any property of the Owner
arising in any manner out of the performance of the Contract referenced above.
EXCEPTIONS: (If none, write "None ". If required by the Owner, the Contractor shall furnish bond satisfactory-to the
Owner for each exception.)
SUPPORTING DOCUMENTS ATTACHED HERETO:
1. Contractor's Release or Waiver of Liens, condi-
tional upon receipt of final payment.
2. Separate Releases or Waivers of Liens from Sub-
contractors and material and equipment sup-
pliers, to the extent required by the Owner, ac-
companied by a list thereof.
CONTRACTOR: The Brown Construction Company
Address: 543 South Victor
ulsa,,((�O�K // 74104
BY: `T�"`"
Subscribed and sworn to before me this 7th
day of January
Notary Public-N.,
My Commission Expires: 4 =19 -2000
1998
AIA DOCUMENT C706A • CONTRACTOR'S AFFIDAVIT OF RELEASE OF LIENS' APRIL 1970 EDITION - AIAO ONE PAGE
0 1970 . THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVE., NW, WASHINGTON, D,C. 20006
DIRECTOR'S MONTHLY REPORT
MEMORANDUM
TO: THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY
CITY OF OWASSO
FROM: ROBERT M. TOBIAS, JR.
DIRECTOR OF ECONOMIC DEVELOPMENT
SUBJECT: MONTHLY REPORT
DATE: February 12, 1998 -
The following represents an overview of the various activities on which staff has been
working:
ECONOMIC DEVELOPMENT PROJECTS:
Vision Owasso. A forum is scheduled for Monday, February 23, 1998 from 6 -7:30 p.m.
at the Owasso Community Center. The agenda brings closure to the 1997 program,
presents the community vision statement for a consensus and outlines the Vision Owasso
1998 plans and committee leadership process.
The Vision Owasso 1997 program has resulted in an increase in volunteers to participate
on a number of community -based initiatives in support of the economic development
process. The four standing committees are economic development, leadership,
infrastructure and quality of life. In an effort to provide the OEDA with a community-
based perspective on these issues, the board may consider having these committees report
to the OEDA on an as- needed basis.
Industrial Development. The lack of available land zoned for industrial uses limits the
effectiveness of recruitment efforts. Based upon the ongoing development of the city's
comprehensive plan, staff is currently presenting information related to properties located
at Cherokee Industrial Park, 76`h Street North south of City Hall and certain properties
along 116`h Street North west of the Sports Park, to prospective industrial users.
Downtown Redevelopment. Staff continues to visit with City Council members and a
broad base of community and business leaders regarding the need to redevelop the
downtown corridor. By redeveloping and working proactively to attract new retail,
commercial and housing construction in this targeted area, we can resurrect this area and
create a focal point for the community. Additionally, property values will be increased,
sales taxes will increase and the quality of life will be improved for residents in close
proximity to this area, as well as residents from throughout the Owasso service area.
Staff has visited recently with representatives of WorldCom and Bama Foods and other
major employers at Cherokee Industrial Park, to discuss this local initiative. Each has
expressed the need and desire for an increased base of retail and business services in the
immediate service area. Company officials have also requested assistance in exploring
the provision of traffic signals at the intersections of Sheridan and 76`h Street, as well as
Whirlpool Drive and 76`h Street. Each of these intersections is currently served by stop
signs that has produced inefficient traffic flow and a number of traffic incidents. Mr. Ray
is exploring these issues with Tulsa County, INCOG and ODOT officials.
Staff continues to collaborate with the various taxing entities that would be impacted by
the creation of a Tax Increment Financing District (TIF) to support targeted areas of
redevelopment, such as the downtown corridor. Based upon the fact that this area is
economically distressed, each entity has expressed their interest and support of this
redevelopment initiative. — -
Plans are underway to create a downtown redevelopment committee that will begin to
explore in a comprehensive manner the many issues impacting the successful
redevelopment of this key corridor of the city. This committee will be representative of a
broad base of community and business leaders.
Business Park/Commercial Development. Due to the large number and size of
available tracts along U.S. Highway 169, staff is exploring a variety of speculative office
and commercial developments in this corridor. Based upon the recent investments and
announcements of ONG and Hillcrest Healthcare, this commercial node is anticipated to
attract new retail and commercial investment and jobs to this strategically located
corridor of the city. Staff is working proactively with the Community Development
Department to explore the manner in which appropriate infrastructure and roadways can
be provided to serve this evolving corridor of commercial growth.
Transportation Initiatives. Staff is proceeding with the development of a regional
coalition of private and public sector supporters of the widening of the 76'h Street North
corridor between U.S. Highway 75 and U.S. Highway 169. Preliminary discussions are
being coordinated with the major employers at Cherokee Industrial Park to explore the
extent of their interest and support in lobbying for this key transportation initiative. Upon
gaining the support of these major employers, contact will be made with other key private
and public entities, prior to preparing for a formal request to the appropriate
governmental entities.
Staff is also continuing to explore the provision of transit services between Owasso and
the Cherokee Industrial Park, as well as the Tulsa International Airport. The provision of
transit service to Owasso during the lunch timeframe, is anticipated to increase the
interest of commercial development in the downtown corridor, resulting in a substantial
increase in sales tax collections.
Image Enhancements. A program to enhance the image of the Owasso area is also in its
inception. Participants of Vision Owasso and other local and regional resources will be
solicited to assess our current marketing materials and communications mediums.
Preliminary activities will focus on evaluating the current manner in which the city is
marketed, such as:
• Enhancement of the OEDA Web page
• Assessment/updating of our current marketing materials
• Enhancing communications with our ally network
• Development of a strategic local, regional and state media and communications
campaign
• Creation of a Web page to include Cherokee Industrial Park, our industrial corridor
along 70h Street North, the commercial node located at 96`h Street North/U.S.
Highway 169 and the future regional commercial node located at 116`h and U.S.
iirt}�va`' 1E9,
ECONOMIC DEVELOPMENT PROSPECTS:
Attached is an illustration of the types of prospects, the scope of investment and the
number of jobs to be created by prospects on which staff is working. Below are those
prospects representing a high degree of priority:
Warehouse /distribution company. The companies involved with this joint venture are
continuing their market assessment effort. The scope of this project may be expanded to
represent a capital investment of up to $12 million, as compared to the initial projection
of $4 million.
Food Processor. A company headquartered in New York is considering an expansion.
The company is exploring 6 -acre sites on which they can construct a 30,000 square foot
processing facility. Up to 90 jobs would be created. Sites on the shortlist include various
sites in the Tulsa region and Springfield, Missouri.
Technical Services Company. A company headquartered in Pennsylvania is
considering an expansion based upon a potential contract. The company has visited the
Old WALMART building at 116`' Street and Garnett Road that encompasses 65,000
square feet. Up to 250 high tech jobs would be created. The proposed compensation of a
majority of the technical consultants to be employed is very attractive for the state.
However, the company recognizes that the educational attainment of the labor base is low
as compared to competing states and that the labor market is tight throughout the state of
Oklahoma. Company officials have indicated that they may be willing to develop a
training program in concert with the Oklahoma Vo -Tech System, as other aspects of the
Oklahoma business environment are attractive.
SUMMARY:
Staff continues to work on a variety of economic community development projects,
which will increase the property and sales tax base, plus add jobs. To reiterate, the four
primary areas of focus continue to be on:
• Securing a broad base of private and public support for the widening of 76`h Street,
the provision of transit services and other transportation projects;
• Development of a program to facilitate the redevelopment of our downtown corridor;
• Development of a program to facilitate the development of a major commercial node
along the 96`h Street/U.S. Highway 169 corridor;
• Development of a program to facilitate the development of a commercial node at the
intersection of 116`h Street/U.S. Highway 169 and the German Corner business
center.
Staff is actively involved on projects, which could potentially produce over $112 million
of new property tax base and create more than 5,300 jobs in the Owasso service area,
which would also result in a significant increase in sales tax collection for the city.