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HomeMy WebLinkAbout1998.08.13_OEDA AgendaPUBLIC NOTICE OF THE MEETING OF THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY TYPE OF MEETING: DATE: TIME: PLACE: Regular August 13, 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 bulletin board at 1:00 p. m. on Monday, August 10, 1998. Robert Tobias, Director o conomic Development AGENDA 1. Call to Order 2. Roll Call 3. Request Approval of the Minutes of July 9, 1998 Regular Meeting. Mr Akin Attachment #3 OWASSO ECONOMIC DEVELOPMENT AUTHORITY AUGUST 13, 1998 PAGE 2 4. Request Approval of Claims. Mr Akin Attachment #4 5. Presentation of Financial Report. Ms Bishop Attachment #5 6. Discussion of OEDA Mission and Structure. Mr Akin 7. Discussion of Director's Monthly Report. Mr Tobias Attachment #7 8. Report from OEDA Manager Mr Hancock OWASSO ECONOMIC DEVELOPMENT AUTHORITY AUGUST 13, 1998 PAGE 3 9. New Business 10. Adjournment OWASSO ECONOMIC DEVELOPMENT AUTHORITY MINUTES OF REGULAR MEETING July 9, 1998 PRESENT ABSENT STAFF PRESENT Frank Enzbrenner(out @ 10:23AM) Robert Tobias Dee Sokolosky Tim Rooney Gary Akin Sherry Bishop Brian Smith Robert Carr Tom Kimball (in @ 10:05AM) Marsha Hensley Brenda Lawrence Mark Wilken ITEM 1: CALL TO ORDER Chairperson Frank Enzbrenner called the meeting to order at 10:03 AM and declared a quorum present. HEM 2: ROLL CALL Mr. Enzbrenner introduced and welcomed Dee Sokolosky, the newly elected Board Member to Owasso Economic Development Authority. Mr. Enzbrenner suggested a letter, signed by the Trustees, be sent to Alan Anderson indicating the gratitude for all the years he contributed to the Owasso Economic Development Authority. Also suggested was to present a plaque to Mr. Anderson at an upcoming City Council meeting. ITEM 3: ELECTION OF OFFICERS Mr. Ezbrenner called for nominations of O.E.D.A. Chairperson. Motion was made by Mr. Smith and seconded by Mr. Wilken to nominate Mr. Akin as Chairperson. There were no further nominations. A roll call vote was requested. A vote on the motion was recorded as follows: Enzbrenner - Yes Smith - Yes Akin - Yes Lawrence - Yes Wilken - Yes Sokolosky - Yes The motion carried 6 -0. Mr. Akin called for nomination for O.E.D.A. Vice Chairperson. Motion was made by Mr. Smith and seconded by Mr. Enzbrenner to nominate Mr. Sokolosky for Vice Chairperson. There were no further nominations. A vote on the motion was recorded as follows: OWASSO ECONOMIC DEVELOPMENT AUTHORITY July 9, 1998 Page No. 2 Enzbrenner - Yes Smith - Yes Akin - Yes Kimball - Yes Lawrence - Yes Wilken - Yes Sokolosky - Yes The motion carried 7 -0. Mr. Akin called for nomination for O.E.D.A. Secretary. Motion was made by Mr. Enzbrenner and seconded by Mr. Wilken for Brian Smith to continue as Secretary. There were no further nominations. A vote on the motion was recorded as follows: Enzbrenner - Yes Smith - Yes Akin - Yes Kimball - Yes Lawrence - Yes Wilken - Yes Sokolosky - Yes The motion carried 7 -0. ITEM 4: REQUEST APPROVAL OF MINUTES OF JUNE 11, 1998 REGULAR MEETING Motion was made by Mr. Enzbrenner and seconded by Mr. Wilken, to approve the minutes of the June 11, 1998 regular meeting. The vote on the motion was recorded as follows: Enzbrenner - Yes Smith - Yes Akin - Yes Kimball - Yes Lawrence - Yes Wilken - Yes Sokolosky - Abstain The motion carried 6 -1. ITEM 5: REQUEST APPROVAL OF CLAIMS Mr. Wilken moved to approve the current claims in the amount of $1,115.00 to NOEDA. Motion was seconded by Mr. Enzbrenner. A vote on the motion was recorded as follows: OWASSO ECONOMIC DEVELOPMENT AUTHORITY July 9, 1998 Page No. 3 Enzbrenner - Yes Smith - Yes Akin - Yes Kimball - Yes Lawrence - Yes Wilken - Yes Sokolosky - Yes The motion carried 7 -0. ITEM 6: PRESENTATION OF FINANCIAL REPORT A report was given by Sherry Bishop. ITEM 7: PRESENTATION AND DISCUSSION OF ISSUES RELATING TO PRECISION COMPONENTS EXPANSION. A brief update on Precision Components expansion was presented by Mr. Tobias. He stated that an application for a variance has been submitted to the Community Development Department for review. The application will be reviewed by the Owasso Board of Adjustment at their July 28, 1998. A meeting was held with Precision Components company officials regarding issues such as the detention area, transportation and financing. ITEM 8: PRESENTATION AND DISCUSSION OF ISSUES RELATING TO INDUSTRIAL PROJECT. A status report was given by Mr. Tobias regarding a company interested in the Owasso area. Information relating to a site within the Cherokee Industrial Park has been sent to the company officials and we are now waiting on a response from them. ITEM 9: REPORT FROM OEDA MANAGER. An update on the NSP Industrial Access Road project was given by Public Works Director Robert Carr. He stated the construction contract has been awarded and construction will be starting sometime in August. ITEM 10: NEW BUSINESS There was a brief discussion regarding a meeting which was held with Governor Keating pertaining to transportation. Also, a possible business prospect was discussed. OWASSO ECONOMIC DEVELOPMENT AUTHORITY July 9, 1998 Page No. 4 ITEM 11: ADJOURNMENT Mr. Wilken moved to adjourn, seconded by Mr. Smith. A vote on the motion was recorded as follows: Smith - Yes Akin - Yes Sokolosky - Yes Kimball - Yes Lawrence - Yes Wilken - Yes Motion carried 6 -0 and the meeting was adjourned at 10:45 AM. Gary Akin, Chairperson Date Approved O@A9Sq ECONOMIC nEV, AUTHORITY 8/10/98 8:29t58 A/P CLAIMS REPORT PO # VENDOR DESCRIPTION --T--~-- ----------^----~~-----~~`~ -----^~---------- � :CDNDMIC DEVELOPMENT 990563 RONALD D CATES LEGAL SERVICES DEPARTMENT TOTAL ====> FUND TOTAL GRAND TOTAL /\PAPVR PAGE: AMOUNT 7O"OO ~~--- 70.00 7O"OO `^--- 7O"OO 1 THE FINANCIAL REPORT WILL BE DISTRIBUTED AT THE MEETING ON THURSDAY. MEMORANDUM TO: THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY CITY OF OWASSO FROM: ROBERT M. TOBIAS, JR. DIRECTOR OF ECONOMIC DEVELOPMENT SUBJECT: MONTHLY REPORT DATE: August 13, 1998 The following represents an overview of the various activities on which staff has been working: ECONOMIC DEVELOPMENT PROJECTS: Vision Owasso 98. Four standing committees were created as a result of this community -based economic community development planning process. The four committees encompass the areas of leadership, economic development, infrastructure and quality of life. The following represents a brief summary of committee activities: ■ The leadership committee is facilitating the Leadership Owasso program in concert with the Owasso Chamber of Commerce. A program to begin in late fall is under development. • The economic development committee continues to explore and assess innovative public financing mechanisms to facilitate the economic community development process in Owasso. Developing adequate financing to support the economic development program has been determined to be a major community priority. ■ The infrastructure committee is exploring the manner in which growing communities plan for and finance roadway, water and wastewater infrastructure to support growth. ■ And finally, the quality of life committee is working on a number of key community issues that encompass education, cultural and recreational issues and opportunities. There are over 50 community representatives that are continuing to participate on these Vision Owasso committees. Commercial/Industrial Development. Staff continues to work with major property owners along the U.S. Highway 169 corridor to attract mixed -use developments. There are several hundred acres that could potentially be dedicated for commercial and industrial development. Success in this endeavor would result in substantial increases to our growing sales tax collections and creating several hundred new jobs, providing the economic impetus to support the city's infrastructure growth. Transportation/Transit Initiatives. Several Vision Owasso, Quality of Life committee members attended INCOG's regional planning workshop to discuss the Metro Trails Master Plan. Input from these regional meetings will guide the development of the proposed greenway trail system that will connect and serve the entire Tulsa region. ECONOMIC DEVELOPMENT PROSPECTS: Below is a recap of those prospects representing a high degree of priority: Business Retention and Expansion Precision Components. Staff continues to work with company officials and city staff to facilitate the company's expansion. Warehouseldistribution. A local concern considering a joint - venture is exploring the construction of a large warehouse(distribution facility. The cost of this facility is estimated at $5 million and would create up to 30 jobs. Business Recruitment Window manufacturer. This company requires a 10 -acre site on which they would construct a 150,000 square foot light manufacturing facility. The company continues to consider a site at Cherokee Industrial Park located along 76th Street North. Staff recently conducted a tour and discussed the process that would be followed for tax- exempt bond financing. As the site is located within the City of Tulsa fenceline, Peggy Rice from the Tulsa Industrial Authority will coordinate the financing issue. The projected capital investment is $3.5 million and up to 150 jobs would be retained/created. Aviation - related contractor. The company requires a 10,000 square foot facility and hopes to expand to 20,000 within 3 years. The company currently employs 10 and plans to double employment over this 3 year period. A tour of the company's machining operation was conducted with representatives of the OEDA, ODOC and PSO as requested by the company. Call Center operation. A company headquartered in Broken Arrow is considering the development of a satellite operation. The company currently is housed in a 37,000 square foot facility and employs 200. Due to the shortage of labor throughout the Tulsa region, the company is exploring a number of sites for a satellite office and plans to employ up to 50 employees. This employment base would be both full-time and part-time personnel.