HomeMy WebLinkAbout2020.05.14_OEDA AgendaR
PUBLIC NOTICE OF THE MEETING OF THE A*
OWASSO ECONOMIC DEVELOPMENT AUTHORITY C#y C /erk ?1p
TYPE OF MEETING: Regular
DATE: Thursday, May 14, 2020
TIME: 10:00 a.m.
PLACE: Owasso City Hall, Community Room
200 S. Main
Owasso, Oklahoma
Notice of meeting filed in the office of the City Clerk on Friday, December 13, 2019; and agenda
filed in the office of the City Clerk and posted at City Hall at 5:00 PM on Tuesday, May 12, 2020.
Pursuantto the COVID -19 Pandemic and the immediate local health threats posed by such
pandemic, the following procedural changes will apply for this meeting:
The meeting will be available for viewing through YouTube Live Stream.
httips://www.youtube.com/channellUCxr)XATOr7VRKOvo-Rdf2dl Q /live
Owasso Economic Development Authority members participating remotely via
Teleconferencing [Title 25, Ok. Stat. 307.1(C)(2)] - Chair Dee Sokolosky, Vice Chair Skip
Mefford, Secretary Gary Akin, Trustee David Charney, Trustee Lyndell Dunn, Trustee Bryan
Spriggs, Trustee Dirk Thomas
cam{ 4�
Chelsea Levo Feary, Economic Develop ent Director
AGENDA
Call to Order
Dee Sokolosky, Chair
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. Approve minutes of the March 12, 2020, regular meeting
Attachment
B. Approve claims
Attachment
C. Accept monthly financial reports
Attachment
3. Consideration and appropriate action relating to items removed from the Consent
Agenda.
OEDA
May 14, 2020
Page 2
4. Consideration and appropriate action relating to the proposed FY 2020 -21 Hotel Tax Fund
3% Budget
Ms. Chelsea Levo Feary
Attachment
Staff will present the proposed budget for OEDA recommendation to the City Council.
5. Consideration and appropriate action relating to the proposed Resolution No. 2020 -01
approving the OEDA FY 2020 -21 Annual Operating Budget
Ms. Chelsea Levo Feary
Attachment
Staff will recommend approval of Resolution 2020 -01.
6. Report from OEDA Director
Ms. Chelsea Levo Feary
Attachment
• Business Development Report
• Monthly Building Report
• Public Works Project Status Report
• Monthly Sales Tax Report
7. Report from OEDA Manager
Warren Lehr
8. Report from OEDA Trustees
9. New Business (New Business is any item of business which could not have been foreseen at
the time of posting of the agenda.)
10. Adjournment
The City of Owasso encourages citizen participation. To request an accommodation due to a disability, contact the
City Clerk at least 48 hours prior to the scheduled meeting by phone 918 - 376 -1502 or by email to
istevens@cifyofowosso.com
0
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
Minutes of Regular Meeting
Thursday, March 12, 2020
The Owasso Economic Development Authority met in regular session on Thursday, March 12, 2020,
at City Hall in the Community Room, 200 S Main Street, Owasso, Oklahoma per the Notice of Public
Meeting filed December 13, 2019, and the Agenda filed in the office of the City Clerk and posted
at City Hall, 200 S Main Street at 5:00 pm on Tuesday, March 10, 2020.
1. Call to Order
Dee Sokolosky, Chair, called the meeting to order at 10:00 am.
PRESENT Absent
Dee Sokolosky, Chair David Charney, Trustee
Skip Mefford, Vice Chair
Gary Akin, Secretary (arrived 10:02 am)
Lyndell Dunn, Trustee
Bryan Spriggs, Trustee
Dirk Thomas, Trustee
A quorum was declared present.
2. Consideration and appropriate action relating to a request for Trustee approval of the Consent
Agenda. All matt ers 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. Approve minutes of the February 13, 2020, regular meeting
B. Approve claims
C. Accept monthly financial reports
Dr. Thomas moved to approve the Consent Agenda, seconded by Dr. Spriggs.
YEA: Dunn, Sokolosky, Spriggs, Mefford, and Thomas
NAY: None
Abstain: None
Motion carried: 5 -0
3. Consideration and appropriate action relating to items removed from the Consent Agenda
None
4. Economic Development Strategic Plan Quarterly Reports
Gary Akin arrived at 10:02 am. Ms. Levo Feary introduced Shellie Wingert, Economic
Development Coordinator. Ms. Levo Feary referred to the quarterly reports included in the
agenda packet and spoke about Owasso Day at the Capitol on April 22, 2020. Discussion was
held.
5. Report from OEDA Director
Ms. Levo Feary referred to the reports included in the agenda packet. Ms. Levo Feary gave
the Monthly Building Report status. Roger Stevens gave the Public Works Project status report.
Linda Jones gave the monthly sales tax report. Discussion was held.
March 12, 2020
6. Report from OEDA Manager
Mr. Lehr reported on staff preparation related to the outbreak of COVID-19; and, informed
group that the City Council passed resolutions for the City to market three surplus properties
for sale.
7. Report from OEDA Trustees
Mr. Sokolosky commented on the Festival Park, the appraisal value of property on 961h and
Mingo, the Economic Summit, and the COVID -19 concerns.
8. New Business (New Business is any item of business which could not have been foreseen at
the time of posting the agenda.)
None
9. Adjournment
Dr. Thomas moved to adjourn the meeting, seconded by Mr. Mefford.
YEA: Akin, Dunn, Sokolosky, Spriggs, Mefford, and Thomas
NAY: None
Abstain: None
Motion carried: 6 -0 and the meeting adjourned at 11:01 am.
Chelsea Levo Feary, CEcD, Economic Development Director
MINUTES OF MEETING
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
Thursday, April 9, 2019
The April 9, 2020 meeting of the Owasso Economic Development Authority was cancelled for lack of a
Quorum.
Chelsea Levo Feary, Director
rn06-5co>
REALPPPPIP• REALCWr r•REALCummuft
TO:
THE HONORABLE CHAIR AND TRUSTEES
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
FROM:
CHELSEA LEVO FEARY, CECD
ECONOMIC DEVELOPMENT DIRECTOR
SUBJECT:
CLAIMS, OEDA
DATE:
April 9, 2020
No claims for March 2020.
sd
REAL Poapb • REAL CMretlpr • REAL Community
TO: THE HONORABLE CHAIR AND TRUSTEES
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
FROM: CHELSEA LEVO FEARY, CECD
ECONOMIC DEVELOPMENT DIRECTOR
SUBJECT: CLAIMS, OEDA
DATE: May 14, 2020
No claims for April 2020.
Owasso Economic Development Authority
Statement of Revenues, Expenses and Changes in Fund Net Assets
For the Month Ending March 31, 2020
Total Operating Expenses
Operating Income (Loss)
Non - Operating Revenues (Expenses):
Investment income
Promissory note 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
0.00
MTD
YTD
Budget
Operating Revenues
$0.00
$0.00
$0.00
Operating Expenses:
8.00
0.00
0.00
Materials & supplies
0.00
0.00
0.00
Services & other charges
0.00
0.00
5,000.00
Capital outlay
0.00
0.00
0.00
Total Operating Expenses
Operating Income (Loss)
Non - Operating Revenues (Expenses):
Investment income
Promissory note 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
0.00
0.00
5,000.00
0.00
(5,000.00)
0.00
11.00
279.91
8.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
11.00
$8.00
279.91
11.00
279.91
(4,992.00)
0.00
0.00
0.00
11.00
(4,992.00)
279.91
9,087.18
9,087.18
$9,367.09
$4,095.18
Owasso Economic Development Authority
Statement of Revenues, Expenses and Changes in Fund Net Assets
For the Month Ending April 30, 2020
MTD
YTD
Budget
Operating Revenues
$0.00
$0.00
$0.00
Operating Expenses:
Materials & supplies
0.00
0.00
0.00
Services & other charges
0.00
0.00
5,000.00
Capital outlay
0.00
0.00
0.00
Total Operating Expenses
0.00
0.00
5,000.00
Operating Income (Loss)
0.00
0.00
(5,000.00)
Non - Operating Revenues (Expenses):
Investment income
4.30
278.82
8.00
Promissory note revenue
0.00
0.00
0.00
RAN debt service & other costs
0.00
0.00
0.00
Transfer from Hotel Tax Fund
0.00
0.00
0.00
Total non - operating revenues (expenses)
278.82
4.30
$8.00
Net income (loss) before contributions and
transfers
4.30
278.82
(4,992.00)
Transfer to general fund
0.00
0.00
0.00
Change in net assets
278.82
4.30
(4,992.00)
Total net assets - beginning
9,087.18
9,087.18
Total net assets - ending
$4,095.18
$9,366.00
REAL People • REALCIU =pe• REAL CelpmeRRr
TO: Honorable Chair and Trustees
Owasso Economic Development Authority
FROM: Chelsea Levo Feary
Economic Development Director
SUBJECT: Hotel Tax Fund, 3% Expenditures
DATE: May 14, 2020
BACKGROUND:
In 2002, Owasso voters approved a 37. hotel tax with the funds to be "set aside and used exclusively to
encourage, promote and foster economic development and cultural enhancement, tourism and
pursue regional promotion for the City of Owasso ...." In August 2008, Owasso citizens voted to
increase the hotel tax rate to 5 %. The 2% increase was designated by the City Council to fund the
Strong Neighborhood Initiative.
37. ECONOMIC DEVELOPMENT HOTEL TAX FUND EXPENDITURES:
The Hotel Tax fund (City of Owasso) is used to account for the revenues received from the hotel tax and
to account for the use of those restricted funds. Recognizing the OEDA Trustees' interest in the
appropriation of funding for economic development, the proposed budget for fiscal year 2020 -21 for
the Hotel Tax fund is presented to the OEDA for review. The FY 2020 -21 budget for the City of Owasso
will be presented on Tuesday, June 16, 2020 for Council approval.
For FY 2020 -21, the estimated revenue from the 3% hotel tax is $231,293, which is a 5.5% decrease below
FY 2020 projected revenue due to COVID -19. The proposed FY 2020 -21 ending fund balance pertaining
to economic development is projected to be $1,278,037.
RECOMMENDATION:
Staff will present the proposed FY 2020 -21 Hotel Tax Fund 3% Budget for OEDA recommendation to the
City Council
ATTACHMENT:
Hotel Tax Fund - 3% Summary of Revenues and Expenditures Budget for FY 2020 -21
Hotel Tax Fund - 3% Expenditures Detail for FY 2020 -21
Revenues
Investment Income
Total Revenues
Expenditures
Economic Development
Personal Services
Other Services
Capital Outlay
Total Economic Development Expenditures
Surplus /(Excess Expenditure)
Projected Beginning Total Fund Balance
Projected Ending Total Fund Balance
CITY OF OWASSO
Economic Development (Hotel Tax Fund 37o)
Summary of Revenues & Expenditures
Budgetary Basis
-
Proposed
Actual
Actual
PY Budget
Budget
Percent
FY 17 1 18
FY 18 1 19
FY 19 120
FY 20 121
Change
$ 246,118
$ 277,128
$ 288,369
$ 231,293
- 19.8 %a
13,954
21,145
18,773
8,613
-54.1%
260,072
298,273
307,142
239,906
- 21.9%
-
6,205
15,381
16,281
5.9%
112,464
102,579
145,000
129,800
-10.5%
-
-
-
-
0.0%
112,464
108,784
160,381
146,081
-8.9%
$
147,608
$
189,489
$
146,761
$
93,825
$
827,663
$
975,271
$
1,164,760
$
1,311,521
12.6%
$
975,271
$
1,164,760
$
1,311,521
$
1,405,346
7.2%
Hotel Tax Fund - 3%
Ending Fund Balance of 3% FY19 FY20 FY21
$1,164,760 $1,311,521 $1,405,346
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REAL P[od[•REALG�mo[Wn REALCOmmuMry
TO: THE HONORABLE CHAIR AND TRUSTEES
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
FROM: CHELSEA LEVO FEARY
ECONOMIC DEVELOPMENT DIRECTOR
SUBJECT: FISCAL YEAR 2020 -21 BUDGET APPROVAL
RESOLUTION NO. 2020-01
DATE: May 14, 2020
BACKGROUND
The proposed budget for fiscal year 2020 -21 is presented 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. 2020-
01 adopts the annual operating budget for the OEDA.
RECOMMENDATION:
Staff recommends OEDA Trustee approval of Resolution No. 2020 -01 adopting the FY
2020 -21 budget proposal with estimated resources of $9,387 and total appropriations for
expenditure of $5,000.
ATTACHMENTS:
OEDA Proposed FY 2020 -21 Budget
OEDA Budget Adoption Resolution
Summary of Revenues and Expenditures
Owasso Economic Development Authority - Fund 50
Revenues
Interest
Total Revenues
Other Sources
Transfers in from Hotel Tax Fund
Total Revenues
Expenditures
Other Services
Other Services
Total Departmental Expenditures
Surplus /(Excess Expenditure)
Projected Beginning Fund Balance
Projected Ending Fund Balance
Projected
Proposed
Percent
Actual
Actual
Actual
Budget
Change
FY 17 18
FY 18 19
FY 19 120
FY 20 21
FY 20 21
$ 23
$ 157
$ 120
$ 60
- 50.0%
23
157
120
60
-50.0%
$ 9,110
-
-
9,387
0.0%
$ 23
$ 157
$ 120
$ 60
-50.0%
#DIV /0!
$
$
$
$
5,000
100.0%
$
$
$
$
5,000
100.0%
$ 23
$ 157
$ 120
$
(4,940)
- 4216.7%
$ 9,087
$ 9,110
$ 9,267
$
9,387
1.3%
$ 9,110
$ 9,267
$ 9,387
$
4,447
-52.6%
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
RESOLUTION NO. 2020-01
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 2020 -2021; 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 $9,387 and total appropriations in the
amount of $5,000 are hereby established.
THAT: The effective date of this Resolution shall be July 1, 2020.
APPROVED AND ADOPTED this 141h day of May, 2020, by the Trustees of the Owasso Economic
Development Authority.
Dee Sokolosky, Authority Chair
ATTEST:
Gary Akin, Authority Secretary
/'wA*S5V
REAL Psapb•REAL Chae r•PEALCMmunlry
TO: Honorable Chair and Trustees
Owasso Economic Development Authority
FROM: Chelsea Levo Feary, CEcD
Director of Economic Development
SUBJECT: Director's Report
DATE: May 14, 2020
NEW BUSINESS DEVELOPMENT
By -Bee Dental -12805 E 101st St N
• Site plan approved
• Architectural plans under review
Time to Shine Car Wash - 11515 E 96th St N
• Specific Use Permit (SUP 19 -01) approved by Council on 9117119
• Final plat approved
• Civil plans returned with comments 4/29/2020
The Shops at Garrett Creek - E 116th St N on the W side of N 135th E Ave
• Lot Split approved by Planning Commission on 4/8/19
• Approved by Council on 4/16/19
• Site Plan reviewed by TAC 6/19/19
• Civil plans approved by engineering on 9/23/19
• Under construction
• Pet Supplies Plus - permitted
Trident Aquatics - 10001 N 127th E Ave
• TAC reviewed 3/20/19
• Civil plans approved on 4/25/19
• Under construction
• Received CORPS permit
• Construction Completed
Glover Jeep - 10500 block of E US -169 Service Road
• Specific Use Permit (SUP) request reviewed by TAC on 12/19/18
• Specific Use Permit approved by Council 2/19/19
• Final plat reviewed by TAC on 4/24/19
• Final plat approved by Council 5/21
• Site plan reviewed by TAC on 7117
• Civil plans approved by Engineering on 8/21/19
• Under construction
Trinity Church - NW corner of E 76th St N and N Memorial Dr
• Annexation request reviewed by TAC on 11/21/18
• Council adopted Ordinance 1143 approving annexation on 12/18/18
Johnson Farms- E 100th St N and N 129th E Ave
• PUD reviewed by TAC on l l /21 /18
• Council adopted Ordinance 1142 approving PUD and rezoning on 12/18/18
• Detention analysis reviewed and approved by Public Works on 1/24/19
A New Leaf Community -SE corner of E 86th St N and N Memorial Dr
o Agriculture and vocational training with housing designed to maximize the
independence of individuals with developmental disabilities.
OEDA Director's Report
May 14, 2020
• Council approved annexation of property
• Council approved PUD on 12/19/18
• Final Plat approved by Council on 12/7/19
• Initial civil plans received 4/21/2020
Owasso High School West Campus Addition - 8800 N 129th E Ave
• Construction of a 31,310 sf building addition
• Site plan reviewed by TAC
• Construction completed
Broum's - Garrett Creek Center - 11432 E 135 E Ave
• Construction of a 6,062 sf building on a 1.52 acre lot
• Site plan reviewed by TAC
REDBUD DISTRICT DEVELOPMENT
• Kum & Go - 502 E 76th St N
• Final plat completed
• Easement closure application for two unnecessary easements
• Revised civil plans submitted 4/28/2020
• TJ &T Properties - Lots 3A & 3B, Block 1
o Site plan reviewed by TAC on 1/16/19
• Mowery Development-SW Corner of N Main St & W 10 Ave
• Mixed use development to include restaurant, retail, office space on ground level
with loft apartments on second floor level
• Site under Construction
• TIF Contract approved by Council /OPWA on Tuesday, September 19, 2017
• Art in Bloom is now open for business
• Emersumnice Brewery announced locating in remaining Main Street building
space
• Open for business
• Seven6Main - SE Corner of Main St & E 76th St N
• Announcement was made on June 6 announcing plans for a mixed -use
development anchored by Smoke restaurant.
• TIF Contract approved by Council /OPWA on Tuesday, October 17
• SMOKE is open for business
• Drip is open for business
• MAD Eats is now open for business
• Hillis Hollow now open for business
• Redbud Park
o Grand Opening postponed until further notice
• 2nd & Birch
o Property purchased and existing structure demolished
• 103 W 3m Street
o Property proposed for redevelopment for Just A Bite Bakery
• Boxpark on Main - 4th S Main St
o Site plan request reviewed by TAC on 12/19/18
BUSINESS RETENTION & EXPANSION (BR &E)
• Mingo Aerospace -8141 N 116th E Ave
• Expansion project
• Site plan reviewed by TAC 7/18/18
• Civil site plans approved by Engineering on 12/7/18
• Construction complete
RESIDENTIAL SINGLE FAMILY NEW CONSTRUCTION MONTH END REPORT APRIL 2020
Month
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
1 January
18
19
15
22
12
15
9
8
9
9
2 February
17
15
26
21
19.
26
15
8
8
4
3 March
14
27
27
31
23
18
55
19
4
12
4 April
19
26
26
- 36
27 -
_ 23
20
- 17
6
8
5 May
20
23
19
17
15
9
11
20
4
27
6June
19
24
19
12
11
31-
5
7
5
7 July
20
15
27
23
20
16
9
14
11
10,000,000
8 August
12
15
18
19
33
- 15
12
6
6
— --- --- -----
9 September
12
12
28
15
13
15
6
2
7
10 October
10
21
15
19
23
12
7
3
21
2018
11 November
8
11
7
21
25
6
19
7
2
12 December
10
16
11
34
7
- 3
9
6
3
Totals
179
224
238
270
228
189
177
117
86
33
YTD 68 87 94 110 81 82 99 52 27 33
APRIL YEAR -TO -DATE COUNT
120
-
--
100
-------- --- -------------------------- --
i
-----------------------------
--- --- -------- ------ —�
80-
------------- --- - -- ------
------ -- -- -- ------
-------------------------------
60
--- ------ ------ ------
------ --- - -- ------
---------------------------
40
--- --- - -- ----- ------
------ - ---
— — — — —
20
--- ----- - - --- ------
---- -- - - - -- —
0
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
APRIL
68
87
94
110
1 81
82
99
52
27
33
APRIL YEAR -TO -DATE DOLLARS
16,000,000
14,000,000
`-- — -- — —
—
-------- — ----- — ---- --- -
12,000,000
— — — — —
-- ------ — ------
10,000,000
— -----------
-------- — — — — — —
8,000,000
-'-- ---- ----
-----------------------------------------'-
6,000,000
— --- --- -----
---- ---- — — — — - -w -- — —
4,000,000
— ------ — -----
---- — —
2,000,000
-- ----- -- -----
------ ---- - ---- ----
0
2016
2017
2018
2019
2020
JAPRILI
11,272,720
14,106,880
6,634,270
3,479,135
4,633,355
CITY OF OWASSO
RESIDENTIAL LOT INVENTORY STATUS
April 30th, 2020
SUBDIVISION
Abbott Farms 1 (12/16)
Abbott Farms II (3/20)
Camelot Estates (4/07)
Carrington Pointe I (1/11)
Carrington Pointe II (11/16)
Charleston Place (4/19)
Estates at Morrow Place (9/17)
Hawthorne at Stone Canyon
Keys Landing II (1/17)
Miscellaneous Lots
Morrow Place (9/17)
The Cottages at Mingo Crossing (3/19)
Nottingham Hill (6/09)
TOTALS
# OF LOTS
# DEVELOPED
# AVAILABLE
65
60
5
50
6
44
139
138
1
171
171
0
93
75
18
17
0
17
98
20
78
56
0
56
98
0
98
9
9
0
89
89
0
57
35
22
58
22
36
1000
625
375
RESIDENTIAL MULTI - FAMILY NEW CONSTRUCTION MONTH END REPORT APRIL 2020
(Initial recording began May 2016)
Month 2016 2017 2018 2019 2020 2021 2022 2023 2024 202:
1 January
4
0
0
0
2 February
6
0
0
0
3 March
'13
0
64
0
4 April ,.
0
4
0
0
5 May
0
0
0
0
6 June
0
0
0
0
7 July
0
0
0
0
8 August
0
0
0
0
9 September
0
4
9
0
-
10 October
0
0
0
0
11 November
0
0
0
0
12 December
0
'10
0
0
Totals
0
37
13
64
0 0 0 0 0 0
YTD 0 23 4 64 0 0 0 0 0 0
'Units part of mixed use projects. Construction dollars counted towards new commercial.
APRIL YEAR -TO -DATE DOLLARS
6,000,000
5,000,000 ------------------------------------------------------------------------
-----------------------------
4,000,000
3,000,000 ------------------------------------•------ ----------- ------------------- 2,000,000 -------------------------------------------------------- ----------------------------------------- -- ------------- ---------------- - -T -------------°- -
1,000,000 ------- ------ --------------- °•-••-•----------------------
0 2016 2017 2018 2019 2020
APRIL 0 1,007,673 282,040 5,513,020 0
TOTAL NEW CONSTRUCTION DOLLARS FOR EACH YEAR
15,000,000
2016 2017 2018 2019 2020
TOTAL - 2,015,223 1,052,620 5,513,020 -
COMMERCIAL NEW CONSTRUCTION MONTH END REPORT APRIL 2020
Month 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
'— —r
o
APRIL YEAR -TO -DATE COUNT
8
4
0
I
Z
Y
u
0 1
2 February
3
1
1
0
2
1
0
0
3 0
3 March
0
0
0
1
2
0
2
3
2 1
4 April
1
0
4
0
2
0
0
0
0 0
5 May
2
1
0
0
0
0
1
2
1
6 June
0
2
1
2
3
2
0
1
1
7 July
0
0
1
0
0
2
0
2
0
8 August
2
2
0
0
0
2
2
1
2
9 September
0
0
0
3
2
3
1
1
2
10 October
1
0
4
0
1
2
0
0
0
11 November
1
0
1
3
1
1
2
1
0
12 December
0
0
1
2
0
0
0
0
0
Totals
13
7
14
12
14
15
10
11
11 2
YTD
7
2
6
2
7
3
4
3
5 2
TOTAL NEW CONSTRUCTION DOLLARS FOR EACH YEAR
45,000,000
APRIL YEAR -TO -DATE COUNT
8
4
0
--
-----------------'
&12
-------- ________
a
3 2014 2016
--------- ----- ------------ ------
-------------
_,,.,,
30,000.000
2011
y'----------------- --- ------ ----- --- -------- ------
2016
2017
2018
2019
2020
APRIL
7
2
7
3
4
3
5
2
2016
2017
2018
2019
2020
TOTAL
20,075,000
35,125,955
39,943,741
12,000,000
5,000,000
APRIL YEAR -TO -DATE DOLLARS
10,000,000
8,000,000
6,000,000
4.000,000
2,000,000
0
-------------------------------------------------------------------------
-------------------------------- ---- ---------------- -------- -----
---- --------- — --- — -------------- -----------------
----------------------------- ------ ------- ------------
---- .:.. - -- °------- ` ---- --------'::�..'�; -------------
r
----------------------------
----------
- ----
- -` •' -----
----- ----
2016
2017
2018
2019
2020
APRIL
2,925,000
4,325,955
6,100,000
9,986,792
5,000,000
TOTAL NEW CONSTRUCTION DOLLARS FOR EACH YEAR
45,000,000
_,,.,,
30,000.000
-- ---------------- --- --° ------------
y'----------------- --- ------ ----- --- -------- ------
�Y.
i4
15.000,000
---- ----- --- --- -- ---------
_., ----------- — 'e',r,;c _ ---------- — ---------------
2016
2017
2018
2019
2020
TOTAL
20,075,000
35,125,955
39,943,741
17,040,600
5,000,000
Certificate of Occupancy Monthly List
NAME ADDRESS DATE COMPLETE
APRIL 2020
Mingo Aerospace 11330 E 81 St N 4/2/2020 Yes
OPS — Science Classrooms /Gym 8800 N 129 E Ave 4/29/2020 Yes
MARCH 2020
Owasso Education Service Center
1501 N Ash St
3/9/2020
Yes
Emersumnice Microbrewery
102 S Main St #E
3/12/2020
Yes
Skecher's
9002 N 121 E Ave #700
3/12/2020
Yes
Tactical Transportation
7768 N Owasso Exp #A
3/17/2020
Yes
Speedy's Auto Sales
8190 N 116 E Ave
3117/2020
Yes
Strides Pediatric Therapy
7738 N Owasso Exp
3/17/2020
Yes
Atwoods
11510 N Garnett Rd
3/24/2020
Yes
FEBRUARY 2020
Sam's Club Vision Center
12905 E 96 St N
2/11/2020
Yes
Board Wipe
12656 E 86 PI N
2/13/2020
Yes
Apple Barrel Cafe
14002 E 116 St N
2/18/2020
Yes
Trident Aquatic Center
10001 N 127 E Ave
2/21/2020
Yes
The Orthopaedic Center
9700 N Garnett Rd #B
2/27/2020
Yes
JANUARY 2020
Owasso Drug
12724 E 86 St N
1/6/2020
Yes
FamilySafe Shelters
7770 N Owasso Exp
1/6/2020
Yes
Fit Body Boot Camp
8787 N Owasso Exp #M
1/6/2020
Yes
S &B Burger Joint
9529 N Owasso Exp
1/6/2020
Yes
Auto Zone
13260 E 116 St N
1/7/2020
Yes
Sparkle Squad Cleaning Service
11330 N Garnett Rd #F
1/14/2020
Yes
Oklahoma On Demand Urgent Care
11426 N 134 E Ave
1/29/2020
Yes
RX Health & Wellness
11560 N 135 E Ave #101
1/30/2020
Yes
DECEMBER 2019
American Bank of Oklahoma
102 W 11 St N
12/10/2019
Yes
The ECS Shop /Gnu Pharma Corp
7726 N Owasso Exp
12/13/2019
Yes
Eufloria
427 E 2 Ave
12/18/2019
Yes
NOVEMBER 2019
Kate Nail Salon
8751 N 117 E Ave #K
11/5/2019
Yes
Buds Lightz
8571 N Owasso Exp #A
11/20/2019
Yes
Allegiance Title
201 S Main St #216 &217
11/20/2019
Yes
The Steel Horse
201 S Main St #170
11/20/2019
Yes
OCTOBER 2019
Schlotzky's
9495 N Owasso Exp
10/2/2019
Yes
The Turquoise Couch
8751 N 117 E Ave #A
10/9/2019
Yes
Arvest Bank
13712 E 106 St N
10/14/2019
Yes
Travis Wyrick Ins. Agency/Tulsa
11330 N Garnett Rd #B
10/15/2019
Yes
Pakalolo Hi
11237 E 114 St N
10/29/2019
Yes
Academic Advantage
9500 N 129 E Ave #100
9/3/2019
Yes
Wholesale Computer
9540 N Garnett Rd 9103
9/5/2019
Yes
McDonald's (remodel)
7590 N Owasso Exp
9/17/2019
Yes
Safelock Storage
12918 E 76 St N
9/27/2019
Yes
Ci}y of Owal,. — 200 S. Ma.iA, Sf: Owasso, OK 74055
Certificate of Occupancy Monthly List
NAME ADDRESS DATE COMPLETE
AUGUST 2019
GC Nutrition 11330 N Garnett Rd #C 8/712019 Yes
Holiday Inn Express 9321 N Owasso Exp 8/29/2019 Yes
JULY 2019
Wings To Go
9530 N 129 E Ave
7/1/2019
Yes
Casey's General Store
14498 E 86 St N
7/11/2019
Yes
Lokal Source
11413 E 96 St N #100
7/12/2019
Yes
Slim Chickens
8712 N Garnett Rd
7/19/2019
Yes
Legacy Prep Learning Academy
11111 E 116 St N
7123/2019
Yes
Morrow Elementary School
12301 N 132 E Ave
7131/2019
Yes
JUNE 2019
Kim's Pho
12308 E 86 St N
6/3/2019
Yes
Mad Wook's Den
7 N Main St
6/18/2019
Yes
MAY 2019
Owasso Coffee Company
13720 E 86 St N #100
5/8/2019
Yes
Tulsa Higher Care Clinic
9540 N Garnett Rd #112
5/9/2019
Yes
Yinzers
12806 E 86 St N #C
5/15/2019
Yes
Chang's Asian Market
11634/11636 E 86 St N
5/31/2019
Yes
Gi}y of Owa55o — 200 S. Ma.i. 5-F Owa3,O, OK 74055
PERMITS APPLIED FOR IN APRIL 2020
ADDRESS
BUILDER
ADD /ZONE
VALUE
A.S.F.
PERMIT#
8802 N 134 E Ct
Blackmon Mooring
BE /RS3
$ 172,000
2,923
20- 0401 -X
12308 E 91 St N
Holly Construction
LRIII /RS3
$ 149,105
2,711
20- 0402 -X
9046 N 121 E Ave #300
Fastsigns B.A.
CatO /CS
$ 5,965
86
20- 0403 -S
7815 N 130 E Ave
Champion Windows
CMII /RS3
$ 29,419
288
20- 0404 -X
9208 N Garnett Rd
A -Max Signs
ACC /CG
$ 1,000
32
20- 0405 -5
11422 N 134 E Ave
CNF Signs
GCCCII /CS
$ 6,500
116
20- 0406 -S
10208 N 98 E Ave
Capital Homes
TC @MC /RS3
$ 126,710
2,294
20- 0407 -X
10802 N 100 E Ave
Rausch Coleman
AFII /RS3
$ 103,400
1,880
20- 0408 -X
10005 E 108 St N
Rausch Coleman
AFII /RS3
$ 103,400
1,880
20- 0409 -X
10005 E 108 PI N
Rausch Coleman
AFII /RS3
$ 104,115
1,893
20- 0410 -X
10009 E 110 PI N
Rausch Coleman
AFII /RS3
$ 110,165
2,003
20- 0411 -X
10014 E 110 St N
Rausch Coleman
AFII /RS3
$ 110,165
2,003
20- 0412 -X
10016 E 110 St N
Rausch Coleman
AFII /RS3
$ 114,180
2,076
20- 0413 -X
301 E 12 St
Business Owner
Unplatted
$ 5,000
2,335
20- 0414 -C
12802 E 86 St N
Business Owner
ECCCA /CG
$ 90,000
1,500
20- 0415 -C
11111 E 122 Ct N
Home Owner
CE /RS3
$ 41,000
476
20- 0416 -X
8 Single Family
$ 921,240
16,740 SgFt
3 Residential Remodel
$ 242,419
3,687 SgFt
2 Commercial Remodel
$ 95,000
3,835 SgFt
3 Signs
$ 13,465
234 SgFt
16 Total Building Permits
$ 1,272,124
24,496 SgFt
CiIiy of Owa-S oW; AO S. Mai. Sf• Owasso; OK 74055
City of Owasso Public Work Department
STATUS REPORT
May 5, 2020
• E 76 St N Widening (from U.S. Hwv169 to N 129 E Avenue)
- On December 2, 2019, ODOT approved the construction contract with
Crossland Heavy Construction.
- Water line relocation and stormwater improvements continue along E 76 St
N.
- Weather permitting, concrete roadway installation pertaining to a section
of the eastbound lanes is expected to commence in late May or early
June 2020.
- Public utility relocation and roadway improvements are scheduled to be
complete by April 2021.
• Garnett Road Widening (from E 96 St N to E 106 St N)
- On September 3, 2019, ODOT approved the construction contract with
Becco Construction.
- Water line relocation and stormwater improvements continue along
Garnett Rd.
- Temporary/permanent road bed continues to be graded on the east side
of Garnett Rd.
- Public utility relocation and roadway improvements are scheduled for
completion by May 2021.
• E 116 St N & N 129 E Ave Intersection Improvements
- On April 6th, 2020, ODOT approved the roadway construction contract
with Crossland Heavy Construction.
- Roadway construction is anticipated to commence in late June /early July
2020.
• Garnett Road Wideninq (E 106 St N to E 116 St N
- Engineering design is 95% complete.
- Right -of -way and easement acquisition is 99% complete.
- Once right -of -way is secured, utility companies will be given a Notice to
Proceed to start relocating their infrastructure.
• E 106 St N and N 145 E Avenue Intersection Improvements
- Engineering design is 99% complete.
- Private utility relocation continues with completion expected by mid -May
2020; followed by bid advertisement and construction.
• Central Park / Lakeridae Stormwater Improvements
- Final plans are in for review, including landscaping pans,
- Staff anticipates bid advertisement in late May or early June with
proposed bid award in July 2020.
- Construction is expected to commence in August 2020.
• Rayola Park /Tributary 5A Stormwater Improvements
- On December 17, 2019, City Council approved construction construct
with Native plains Contracting, LLC
- Construction commenced in February 2020.
- Tributary SA stormwater improvements are complete.
• South Sports Park Regional Detention_ Facility and Mitigation Project
- Construction commenced in mid - January 2020.
- Tree and brush removal is complete.
- Contractor continues with dirt removal as well grading on the
mitigation project. Estimated 45,000 CY of dirt has been removed from
the site.
• Mingo and E 116 St N Intersection/E116 St N from Minao to Garnett Road
Improvements
- Engineering design is 95% complete.
- Right of Way and easement acquisition continues with completion
expected by June 2020; followed by utility relocation.
• E 116 St N and Garnett Intersection /E 116 St N from Garnett to N 129 E Ave
Improvements
- E 116 St N roadway design is 60% complete.
- E 116 St N and Garnett Intersection design is 90% complete.
- E 116 St N roadway land acquisition is expected to be complete in
June 2020; followed by utility relocation.
- E 116 St N and Garnett Intersection land acquisition is expected to be
complete by July 2020; followed by utility relocation.
• E 116 St N from approximately N_12.9 E Ave to N 135 E Ave Improvements
- On March 3, 2020, City council awarded roadway construction
contract to Crossland Heavy Contractors.
- Construction commenced on May 4, 2020 with completion expected
by February 2021.
• E 96 St N from approximately N 119 E Ave to N 129 E Ave Improvements
- Engineering design is approximately 90% complete.
- Land acquisition commenced in February 2020 with completion
anticipated in February 2021.
- Private utility companies are currently determining the new alignment for
their utility due to the road widening.
• Wastewater Treatment Plant Expansion
- Engineering design is approximately 90% complete. ODEQ has reviewed
the plans and provided comments, which are being addressed by the
engineering consultant.
• Coffee Creek Lift Station. & Force Main Improvements
- Engineering design is approximately 95% complete.
- Land acquisition is expected to be complete by April 2020; followed by
construction.
- ODEQ permit has been received.
- Sanitary sewer project is expected to advertise in June with proposed bid
award in July 2020.
• E 106 St N and N 129 E Ave Intersection Improvements
- Engineering design has commenced with completion expected in
December 2019; followed by land acquisition.
- Engineering design is approximately 60% complete.
- ODOT commenced with the environmental study in November 2019;
followed by land acquisition.
• FY 2019 Street Rehabilitation Project
- On April 9, 2020, the asphalt overlay crew will begin work in Lakeridge
subdivision.
- Crews are working on base, curb and gutter repairs as well as commercial
approach replacement along E 76 St N. This work will continue over the
next 21 days in preparation for the asphalt overlay.
• E 96 St Drainage Improvements
- In July 2019, City Council approved a construction contract with Dirtwurx,
LLC in the amount of $252,593.88.
- Construction commenced in October 2019 with completion expected in
May 2020.
- Stormwater pipe and concrete box installation is complete. Contractor is
in the final stage of construction and expects final completion by mid -
May 2020.
REAL People •REAL Cnemeter • REAL Community
Total Monthly Sales Tax Comparisons
$4,000,000
$3,500,000
$3,000,000 °`•
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
t Actual - -o- -- Budget A Last Year
Year -to -Date Sales Tax Totals
$40,000,000
$35,000,000
$30,000,000
$25,000,000
$20,000,000
$15,000,000
$10,000,000
$5,000,000
$-
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
t
Actual -- o-- -Budget —A Last Year
City of Owasso
Total Sales Tax Report
Budget to Actual Comparison
May 8, 2020
Ij117,
Totals $ 33,141,051 93.8% $ 32,370,561 91.6% $ 770,490 2.4%
2019 -20
2019 -20
Actual Collections
Budget Projections
Over (Under) Projection
Amount
Percent
Amount
Percent
Amount
Percent
Jul
$ 3,005,671
8.5%
$ 3,020,685
8.5%
$ (15,014)
-0.5%
Aug
2,968,434
8.4%
2,969,518
8.4%
(1,084)
0.0%
Sep
2,969,838
8.4%
2,836,012
8.0%
133,826
4.7%
Oct
3,067,281
8.7%
2,902,977
8.2%
164,304
5.7%
Nov
2,855,219
8.1%
2,817,637
8.0%
37,582
1.3%
Dec
3,105,262
8.8%
2,889,045
8.2%
216,217
7.5%
Jan
3,399,527
9.6%
3,336,425
9.4%
63,102
1.9%
Feb
3,294,059
9.3%
3,210,918
9.1%
83,141
2.6%
Mar
2,677,677
7.6%
2,595,635
7.3%
82,042
3.2%
Apr
2,845,063
8.0%
2,757,702
7.8%
87,361
3.2%
May
2,953,020
8.4%
3,034,007
8.6%
(80,988)
-23%
Ij117,
Totals $ 33,141,051 93.8% $ 32,370,561 91.6% $ 770,490 2.4%
City of Owasso
Total Sales Tax Report
Two Year Comparison
May 8, 2020
Note: Fiscal Year 2020 Sales Tax Budget is $35.344 million; FY'19 budget was $34.175 million.
2019 -20
2018 -19
Increase or (Decrease)
Percent
Percent
Amount
of Budget
Amount
of Actual
Amount
Percent
Jul
$ 3,005,671
8.5%
$ 2,998,609
8.6%
$ 7,063
0.2%
Aug
2,968,434
8.4%
2,920,263
8.4%
48,171
1.6%
Sep
2,969,838
8.4%
2,810,048
8.0%
159,791
5.7%
Oct
3,067,281
8.7%
2,899,646
8.3%
167,635
5.8%
Nov
2,855,219
8.1%
2,753,335
7.9%
101,884
3.7%
Dec
3,105,262
8.8%
2,858,066
8.2%
247,196
8.6%
Jan
3,399,527
9.6%
3,330,435
9.5%
69,092
2.1%
Feb
3,294,059
9.3%
3,132,584
9.0%
161,474
5.2%
Mar
2,677,677
7.6%
2,523,512
7.2%
154,165
6.1%
Apr
2,845,063
8.0%
2,723,563
7.8%
121,500
4.5%
May
2,953,020
8.4%
2,945,503
8.4%
7,517
0.3%
Jun
Totals
$33,141,051
93.8%
$31,895,563
91.3%
$ 1,245,488
3.9%
Note: Fiscal Year 2020 Sales Tax Budget is $35.344 million; FY'19 budget was $34.175 million.
City of Owasso
Total Monthly Sales Tax Revenues
Last Five Fiscal Years
$ 33,141,051 $ 34,941,703 $ 33,568,047 $ 29,607,789 $ 28,350,133
* *Sales tax increase from 3.5% to 4.05% (55/100) for street improvements.
2019 -2020
2018 -2019
2017 -2018
2016 -2017
2015 -2016
Jul
$ 3,005,671
$ 2,998,609
$ 2,856,618
$ 2,458,012
$ 2,411,619
Aug
2,968,434
2,920,263
2,835,784
2,350,922
2,301,806
Sep
2,969,838
2,810,048
2,687,213
2,290,655
2,307,955
Oct
3,067,281
2,899,646
2,670,945
2,292,548
2,346,839
Nov
2,855,219
2,753,335
2,764,781
2,296,775
2,159,987
Dec
3,105,262
2,858,066
2,741,992
2,242,747
2,525,751
Jan
3,399,527
3,330,435
3,136,816
2,657,262
2,598,361
Feb
3,294,059
3,132,584
3,091,385
2,498,036
2,620,008
Mar
2,677,677
2,523,512
2,507,808
2,436,309
** 2,053,981
Apr
2,845,063
2,723,563
2,621,904
2,557,997
2,383,118
May
2,953,020
2,945,503
2,935,547
2,810,748
2,381,072
Jun
-
3,046,140
2,717,252
2,715,777
2,259,636
$ 33,141,051 $ 34,941,703 $ 33,568,047 $ 29,607,789 $ 28,350,133
* *Sales tax increase from 3.5% to 4.05% (55/100) for street improvements.
City of Owasso
Monthly Use Tax Revenues
Last Five Fiscal Years
$2,709,982 $2,267,091 $1,664,238 $1,182,051 $ 1,123,335
*Increase in sales tax rate from 3.5% to 4.05% March 2017
* *Increase in sales tax revenue from taxation of internet sales beginning May 2017
Fiscal Year 2020 Use Tax Budget is $2,380,446
2019 -2020
2018 -2019
2017 -2018
2016 -2017
2015 -2016
Jul
$ 224,427
$ 107,929
$ 131,532
$ 82,565
$ 72,360
Aug
213,728
134,957
115,912
86,552
96,428
Sep
258,541
237,044
126,135
87,371
122,962
Oct
211,009
177,983
146,402
86,713
106,846
Nov
212,040
151,865
139,772
80,855
91,876
Dec
226,537
193,866
128,876
84,107
113,941
Jan
280,550
265,379
205,110
127,549
86,358
Feb
404,153
290,595
166,541
106,593
102,681
Mar
187,882
140,226
134,603
99,853
61,748
Apr
233,275
173,422
112,614
101,930
78,834
May
257,842
201,224
119,189
123,116
** 92,867
Jun
192,601
137,552
114,846
96,434
$2,709,982 $2,267,091 $1,664,238 $1,182,051 $ 1,123,335
*Increase in sales tax rate from 3.5% to 4.05% March 2017
* *Increase in sales tax revenue from taxation of internet sales beginning May 2017
Fiscal Year 2020 Use Tax Budget is $2,380,446