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Home My WebLink About2014.03.13_OEDA AgendaPUBLIC NOTICE OF THE MEETING OF THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY TYPE OF MEETING: Regular DATE: March 13, 2014 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, March 11, 2014. Chelsea M.E. Levo, Economic Development Director AGENDA 1. Call to Order Dr. Spriggs, 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 February 13, 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 • Monthly Building Report • Public Works Project Status Report • Business Development Report • Monthly Sales Tax Report 5. Report from OEDA Manager Mr. Lehr OEDA March 13, 2014 Page 2 6. Report from OEDA Trustees 7. New Business (New Business is any item of business which could not have been foreseen at the time of posting of the agenda.) 8. Adjournment MEETING OF THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY MINUTES OF MEETING Thursday, February 13, 2014 The Owasso Economic Development Authority met in regular session on Thursday, February 13, 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, February 11, 2014. ITEM 1: CALL TO ORDER & ROLL CALL Dr. Spriggs called the meeting to order at 10:00 AM. PRESENT Bryan Spriggs, Chairman Dirk Thomas, Vice chairman Gary Akin, Secretary Dee Sokolosky, Trustee Jeri Moberly, Trustee - arrived 10:03am A quorum was declared present. ABSENT David Charney, Trustee Frank Enzbrenner, Trustee ITEM 2: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR TRUSTEE APPROVAL OF THE OEDA CONSENT AGENDA A. Approval of minutes of the January 9, 2014 Regular Meeting B. Approval of claims C. Acceptance of the monthly financial report Dr. Thomas moved to approve the consent agenda, seconded by Mr. Sokolosky AYE: Spriggs, Sokolosky, Akin, Thomas NAY: None Motion carried 4 -0. ITEM 3: CONSIDERATION AND APPROPRIATE ACTION RELATING TO ITEMS REMOVED FROM THE CONSENT AGENDA No action required ITEM 4: REPORT FROM OEDA DIRECTOR Ms. Moberly arrives. Chelsea Levo introduced Karl Fritschen who presented the Monthly Building Report for January; Roger Stevens presented the Public Works project status update; Warren Lehr presented the sales tax monthly report; and Ms. Levo discussed business developments and economic development activities. Discussion was held. ITEM 5: REPORT FROM OEDA MANAGER No Report. February 13, 2014 ITEM 6: REPORT FROM OEDA TRUSTEES No Report ITEM 7: NEW BUSINESS None ITEM 8: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR AN EXECUTIVE SESSION FOR THE PURPOSE OF DISCUSSING AN ECONOMIC DEVELOPMENT PROPOSAL TO ENTICE A BUSINESS OR BUSINESSES TO LOCATE IN THE OWASSO AREA; SUCH REQUEST PURSUANT TO TITLE 25 O.S. § 307(C)110) Dr. Thomas moved to enter into executive session, seconded by Ms. Moberly. AYE: Spriggs, Sokolosky, Akin, Thomas, Moberly NAY: None Motion carried 5 -0. At 10:30am the Trustees entered into executive session with Chelsea Levo, Rickey Hayes, and Warren Lehr. At 1 1:29am, the Trustees returned to open session. ITEM 9: ADJOURNMENT Dr. Thomas moved to adjourn the meeting, seconded by Ms. Moberly. AYE: Spriggs, Sokolosky, Akin, Thomas, Moberly NAY: None Motion carried 5 -0. At 11:30 AM, the meeting adjourned. Juliann M. Stevens, Minute Clerk -2- A w000 The City 'Wit out Limits. TO: THE HONORABLE CHAIRMAN AND TRUSTEES OWASSO ECONOMIC DEVELOPMENT AUTHORITY FROM: CHELSEA M.E. LEVO ECONOMIC DEVELOPMENT DIRECTOR SUBJECT: CLAIMS, OEDA DATE: March 13, 2014 No Claims for February 2014. Owasso Economic Development Authority Statement of Revenues, Expenses and Changes in Fund Net Assets For the Month Ending February 28, 2014 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 0.63 5.43 0.00 Promissory note revenue 0.00 0.00 0.00 RAN debt service & other costs 0.00 0.00 0.00 Total non - operating revenues (expenses) 5.43 0.00 0.63 Net income (loss) before contributions and transfers 0.63 5.43 (5,000.00) Transfer to general fund 0.00 0.00 0.00 Change in net assets 5.43 (5,000.00) 0.63 Total net assets - beginning 9,054.51 9,054.51 Total net assets - ending $9,059.94 $4,054.51 zill I "I'll, I I ji�ij i "I I "I 1�, Month 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 1 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 4 April 63 52 30 31 36 31 19 26 26 5 May 43 36 60 23 27 30 20 23 19 6 June 42 29 27 21 34 23 19 24 19 7 July 27 12 23 24 28 17 20 15 27 8 August 45 28 27 18 28 19 12 15 18 9 September 35 12 17 40 20 11 12 12 28 10 October 30 25 31 15 36 13 10 21 15 11 November 32 13 26 10 13 1 8 11 7 12 December 53 16 8 6 13 9 10 16 11 Totals 518 336 301 267 303 246 179 224 238 43 YTD 83 63 27 44 38 46 35 34 41 43 FEBRUARY YEAR-TO-DATE COUNT 90 ----- - - - - -- ----------------------- - - - - -- ---- - - - -- ---- - - - - -- ---------------------------- --------- - - - - -- ----- - - - - -- -------------- 80 ---- --------------------------------------------------------------------------------------------------------------- -- —.. 70 -------- ----------------- ------- - - - - -- -------------------------------------------------------------------------------- 60 ------ -------------------------- ------------------------------------------------------------------------------ 50 ---- ------ ------------------------------------------------------ --------------------------------------------------- 40 ---- ------ -------------------- -------------------- --------------------------------- ------- 30 ------ ------------------ ------- I ------- ----- - -- ---- ------- ------- 20 ------- ------- ------- ------- ------- --- - -- - ------- 10 ------- -2'010 ------- - I — 2bO�, 200 2007 20 8 2009 2010 2011 2013 2014 0 FFBRUARY 83 63 27� 44 38 - 6 35 --34 41 4311 TOTAL NEW CONSTRUCTION DOLLARS FOR EACH YEAR 2011 2012 2013 j 2014 1 21.464,855 28,202,279.... 8,202,279 ... 32-10'2,888 6,058,955 CITY OF OWASSO RESIDENTIAL LOT INVENTORY STATUS February 28, 2014 SUBDIVISION # OF DOTS # DEVELOPED # AVAILABLE Burberry Place (6109) 89 87 2 Camelot Estates (4107) 139 91 48 Carrington Pointe 1 (1/11) 171 127 44 Champions East (05108) 66 6 60 Champions West (5108) 45 10 35 Country Estates 111 (3199) 61 58 3 Country Estates VI (11103) 37 36 1 Crescent Ridge (02108) 101 93 8 Fairways V (8199) 71 63 8 Fairways VI (12100) 42 41 1 Falls at Garrett Creek (12105) 85 84 1 Falls at Garrett Creek Amended (12105) 24 23 1 Honey Creek (4102) 202 198 4 Keys Landing (3108) 131 106 25 Lake Valley IV (5110) 114 112 2 Lake Valley V (9130) 78 34 44 Lakes at Bailey Ranch (10107) 235 227 8 Maple Glen (12108) 98 95 3 Maple Glen II (1 /11) 93 88 5 Maple Glen III (5113) 43 31 12 Nottingham Estates IV (8101) 20 17 3 Nottingham Estates V (3101) 44 43 1 Nottingham Hill (6109) 58 12 46 Park Place at Preston Lakes 93 7 86 Preston Lakes (12100) 272 243 29 Preston Lakes 111 (10104) 147 144 3 Remington Park 11 (11104) 84 82 2 Sawgrass Park II (04105) 96 94 2 The Summit at Southern Links (6197) 31 26 5 Watercolours (12102) 40 31 9 TOTALS 2810 2309 501 Watercolours (12102) The Summit at Southern Links (6197) Sawgrass Park II (04105) Remington Park II (11104) Preston Lakes III (10104) Preston Lakes (12100) Park Place at Preston Lakes Nottingham Hill (6109) Nottingham Estates V (3101) Nottingham Estates IV (8101) Maple Glen III (5113) Maple Glen II (1111) Maple Glen (12108) Lakes at Bailey Ranch (10107) Lake Valley V (9130) Lake Valley IV (5110) Keys Landing (3108) Honey Creek (4102) Falls at Garrett Creek Amended (12105) Falls at Garrett Creek (12105) Fairways VI (12100) Fairways V (8199) Crescent Ridge (02108) Country Estates VI (11103) Country Estates Ill (3199) Champions West (5108) Champions East (05108) Carrington Pointe € (1 /11) Camelot Estates (4/07) Burberry Place (6109) CITY OF OWASSO 0 50 100 150 200 250 300 ®Lots Developed ©Total Lots COMMERCIAL NEW CONSTRUCTION MONTH END REPORT FEBRUARY 2014 Month 2004 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 1 0 3 March 2 1 14 2 0 1 3 0 0 0 4 April 3 4 1 0 4 1 1 1 0 1 5 May 1 3 2 1 1 2 1 2 1 0 6 June 4 3 4 1 1 2 0 0 2 1 7 July 0 0 0 0 1 0 0 0 0 1 8 August 3 1 7 3 1 0 0 2 2 0 9 September 1 2 1 28 3 0 0 0 0 0 10 October 0 1 3 4 1 0 0 1 0 4 11 November 3 0 1 1 1 2 2 1 0 1 12 December 0 1 1 1 1 0 1 0 0 1 Totals 23 25 43 48 20 9 10 11 7 11 1 YTD 6 7 9 7 6 1 2 4 2 2 1 FEBRUARY YEAR-TO-DATE COUNT FEBRUARY YEAR-TO-DATIE DOLLARS 2,500,000 , 2013 2014 2,160 OfJC- - --------- - 1 035,000 NEW CONSTRUCTION DOLLARS FOR EACH YEAR 2011 2 2,01.3-- - -- --- - 6,018,116 -0 17,296,66 -------- ---- 9,375,440 1,035,000 NAME ADDRESS APPLICATION OPENING COMPLETE DATE DATE FEBRUARY 2014 Gramma's Attic 11211 N Garnett Rd 2/24/2014 2/26/2014 Yes JANUARY 2014 104 W Broadway, Suite 4 10/1/2013 10/10/2013 Yes Envi Spa 9455 N Owasso Exp #G 10/22/2013 1/2/2014 Yes Raising Canes 13301 E 96 St N 7/8/2013 1/8/2014 Yes Simply Nutrition 1178 S Main St 1/9/2014 1/13/2014 Yes St. Johns MOB 3rd Floor 12455 N 100 E Ave 9/30/2013 1/22/2014 Yes Friendship Baptist Church 14100 E 86 St N 9/11/2013 1/24/2014 Yes AAA Insurance 11519 N Garnett Rd 9/16/2013 1/28/2014 Yes DECEMBER 2013 NOVEMBER 2013 OCTOBER 2013 Justice & Brothers 9018 N 121 E Ave #500 8/19/2013 10/2/2013 Yes Mum's'N Bum's 104 W Broadway, Suite 4 10/1/2013 10/10/2013 Yes Needful Things 12701 E 86 PI N 10/1/2013 10/15/2013 Yes Sam's Club 12905 E 96 St N 9/7/2012 10/24/2013 Yes Sixkillers Gaming House 7703 N Owasso Exp #109 10/31/2013 10/31/2013 Yes SEPTEMBER 2013 Senior Suites 10098 N 123 E Ave 6/14/2012 Yes AUGUST 2013 Arrival Salon 12330 E 86 St N 7/10/2013 8/12/2013 Yes Ledford Properties 425 E 22 St N 3/2/2013 8/1/2013 Yes IGH Properties 14601 E 88 PI N 7/5/2013 8/29/2013 Yes Tulsa Technology Center 10800 N 140 E Ave 11/22/2010 8/1/2013 Yes Sears 9002 N 121 E Ave #600 6/6/2013 8/23/2013 Yes Halloween City 8751 N 117 E Ave 8/9/2013 8/28/2013 Yes JULY 2013 Dance Studio 403 W 2nd St #107 5/21/2013 7/17/2013 Yes LaTorta Chilanga 11501 N Garnett Rd 7/5/2013 7/30/2013 Yes JUNE 2013 Vaping Kicks Ash 11215 N Garnett Rd #D 6/26/2013 7/8/2013 Yes Dollar Tree 12309 E 96 St N 4/16/2013 6/12/2013 Yes The Children's Place 9002 N 121 E Ave #400 2/4/2013 6/12/2013 Yes �rEve- -11ZK? APRIL 2013 Los Cabos 9455 N Owasso Exp 2/6/2013 5/6/2013 Yes Tyann Development 9455 N Owasso Exp #K 4/8/2013 Yes Serenity Nails 9500 N 129 E Ave #114 2/4/2013 Yes Simple Adornments 11230 N Garnett Rd #A 4/15/2013 4/27/2013 Yes MARCH 2013 ADDRESS BUILDER ADD /ZONE VALUE A.S.F. PERMIT# DATE 14605 E 111 PI N Simmons Homes LVV /RS3 $ 118,525 2,155 14- 0201 -X 2/5/2014 14609 E 111 PI N Simmons Homes LVWR53 $ 118,525 2,155 14- 0202 -X 2/5/2014 7620 E 84 St N Denham Homes CARPI /RS3 $ 143,000 2,600 14- 0203 -X 2/5/2014 9214 N 143 E Ave Dolphin Pools CE /RS3 $ 29,000 492 14- 0204 -P 2/5/2014 15513 E 87 PI N K & S Development PPPL /RS3 $ 150,000 946 14- 0205 -P 2/10/2014 15515 E 88 St N Simmons Homes PPPL /RS3 $ 153,285 2,787 14- 0206 -X 2/10/2014 15517 E 88 St N Simmons Homes PPPL /RS3 $ 153,285 2,787 14- 0207 -X 2/10/2014 14002 E 116 St N Byron Boles EGG /CS $ 10,000 541 14- 0208 -C 2/10/2014 14611 E 111 PI N Simmons Homes LVV /RS3 $ 123,805 2,251 14- 0209 -X 2/13/2014 14607 E 111 PI N Simmons Homes LVV /RS3 $ 123,805 2,251 14- 0210 -X 2/13/2014 14603 E 111 PI N Simmons Homes LVV /RS3 $ 123,805 2,251 14- 0211 -X 2/13/2014 8706 N 121 E Ave Arch Little 3Lll /RS3 $ 30,000 1,800 14- 0212 -X 2/13/2014 7613 N 142 E Ave Executive Homes CW /RS3 $ 175,780 3,196 14- 0213 -X 2/13/2014 7411 E 83 St N Executive Homes CARPI /RS3 $ 143,440 2,608 14- 0214 -X 2/13/2014 7609 E 82 PI N Executive Homes CARPI /RS3 $ 146,740 2,668 14- 0215 -X 2/13/2014 7509 E 83 PI N Winkley Homes CARPI /RS3 $ 142,010 2,582 14- 0216 -X 2/13/2014 7601 E 82 PI N Old School Const. CARPI /RS3 $ 150,920 2,744 14- 0217 -X 2/13/2014 13307 E 96 St N Elite Contracting FBC /RS2 $ 50,000 3,200 14- 0218 -C 2/13/2014 14128 E 91 St N Denny Construction CE /RS3 $ 137,665 2,503 14- 0219 -X 2/17/2014 11732 E 109 St N Capital Homes MGIII /RS3 $ 111,760 2,032 14- 0220 -X 2/17/2014 11046 N 119 E Ave Capital Homes MGIII /RS3 $ 149,270 2,714 14- 0221 -X 2/17/2014 11006 N 120 E Ave Capital Homes MGIII /RS3 $ 111,265 2,023 14- 0222 -X 2/17/2014 12140 E 96 St N Oriental Pearl RCBC /CS $ 2,500 53 140223 -S 2/18/2014 15501 E 88 St N Simmons Homes PPPL /RS3 $ 163,900 2,980 14- 0224 -X 2/19/2014 10701 N 155 E Ave Simmons Homes PPPL /RS3 $ 132,420 2,787 14- 0225 -X 2/19/2014 10904 N 120 E Ave Simmons Homes MGIII /RS3 $ 106,645 1,939 14- 0226 -X 2/25/2014 14206 E 91 St N jArmstrong Home B CE /RS3 $ 145,750 2,650 14- 0227 -X 2/25/2014 21 Single Family $ 2,875,600 52,663 SgFt 1 Residential Remodel $ 30,000 1,800 SgFt 2 Commercial Remodel $ 60,000 3,741 SgFt 1 Signs $ 2,500 53 SgFt 2 Pool $ 179,000 1,438 SgFt 27 Total Building Permits $ 3,147,100 59,695 SgFt Gv(-y of Owa-Sto' 222 N. Maw St. Owa, sa, OK 7405.5 PROJECT STATUS REPORT City of Owasso Public Works Department March 7, 2014 • E. 106b Street North and Garnett Road Intersection Improvement Proiect - Funding for the construction of this project is a result of a "matching grant "; 80% ODOT funding and 20% City funding. - ODOT awarded construction contract to Paragon Contractors in the amount of $1,952,952. - A Public Meeting was held on June 27, 2013, with representatives from PSA Dewberry, ODOT and Paragon to review the intersection improvements and provide a preview of the construction schedule. Construction began on July 8, 2013. - Relocation of City of Owasso and Rural Water District water lines was completed in October 2013. - Soil stabilization is complete and agg base has been applied to all four legs of the intersection. Staff anticipated installation of concrete to begin by March 7th (weather permitting). - As a result of utility conflicts and weather delays, the project is approximately 90- days behind schedule. Thus, intersection improvements are scheduled to be complete in April 2014. • E. 76th Street North Widening (from U.S. Hwy169 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 scheduled to be complete by late spring 2014. - Preliminary plans (30% Design) have been delivered to the City of Owasso for review. In addition, utility companies are working on their utility relocation plans for the project. - On February 6, 2014, City staff will meet with ODOT to further discuss the environmental phase of this project. - On February 13, 2014, City staff and Poe & Associates conducted a public meeting. City staff and Poe & Associates presented to the citizens a conceptual layout of the street improvements and received positive feedback from the residents. - Environmental review will be ongoing for the next 6 to 9 months. • 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. - Utility easement negotiations are complete. - On January 28, 2014, pre- construction meeting was held with the contractor and project engineer. - Rosetta construction has mobilized and work on this project began on February 24th. Contractor is in the process of building access points, clearing /grubbing and surveyor is marking centerlines for boundaries. Substantial completion is scheduled for December 2014 with final completion scheduled to occur by 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 Conceptual Design is complete with final design scheduled for completion in spring 2014. - Preliminary plans (30% Design) have been delivered to the City of Owasso for review. - Environmental review will be ongoing for the next 6 to 9 months. • 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. - On January 30, 2014, the project was re- advertised with three bids received and opened on March 4, 2014. - The staff currently are reviewing the bids and anticipate recommending a construction contract for award at the March 18th 2014, Owasso Public Works Authority meeting. • 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. - A pre- construction meeting with the contractor was held on March 4th. Construction will begin in March 31St with completion expected to occur in late summer of this year. A Tire City `Wit out Limits. TO: THE HONORABLE CHAIR AND TRUSTEES OWASSO ECONOMIC DEVELOPMENT AUTHORITY FROM: CHELSEA M.E. LEVO DIRECTOR OF ECONOMIC DEVELOPMENT SUBJECT: DIRECTOR'S REPORT DATE: March 13, 2014 RETAIL & SERVICE DEVELOPMENT UPDATE • Hideaway Pizza has begun construction on the Sam's Development site. • Renovations are taking place in the former Freckles Frozen Custard location on 86th Street to open late spring as a Baskin Robbins. • Arvest Bank will begin construction soon on a pad site east of CVS Pharmacy on the south side of 96th Street east of the 129th E Avenue intersection. • Discount Tires construction continues on their site at 1 16th and HWY 169. • Ruby Tuesday's has closed and will open reopen as a different user to be announced at a later date. • Smith Farm Market is now 100% leased. The final vacancy, where Jamba Juice was located has a contract with Edible Arrangements to locate in that space. • Sprouts Farmers Market will locate in the Sam's Development center on the internal lot located on the east side. • A new Japanese hibachi restaurant will soon locate in the former Blue Phoenix location at 9500 N 129th E Avenue. • Lindo Veracruz will open as a new Mexican restaurant in the former Mexico Lindo location at 301 Ram Boulevard. • Starbucks will open a third location in the Eggbert's restaurant on HWY 20. • QuikTrip will be expanding in their HWY 20 location by adding pumps, a southern parking lot and a store entrance. • A new tunnel carwash will begin construction and locate east of Eggberts on HWY 20 soon. HEALTH CARE UPDATE A memory center is planned for development on the Bailey Medical Center campus. A second urgent care facility is looking for a location in Owasso. We hope to announce where it has landed next month. CORPORATE UPDATE Discussions have started regarding the distribution of incentive funds to Macy's. A contract is being drafted and will be presented before the Trustees for review soon. Schedule: 9:30 AM: Registration /Check -In 10:00 AM: Welcome Chelsea Levo, Director of Economic Development City of Owasso 10:05 AM: Open Remarks from Mayor Doug Bonebrake 10:15 AM — Workforce Development & Education Panel Shelley Cademy Munoz, Executive Director, Workforce Tulsa Tom Triplett, Director of Business & Industry Engagement, Tulsa Tech 10:55 AM — Talent Attraction & Quality of Life Panel Isaac Rocha, Community Relations & Development, Bama Companies; 2014 Chairman of Tulsa's Young Professionals Shagah Zakerion, Executive Director, Tulsa's Young Professionals James Wagner, Transportation Programs Coordinator, INCOG Ken Busby, Executive Director and CEO, Arts and Humanities Council of Tulsa 11:45 AM— Lunch 12:15 PM: Keynote Address: "2014 Economic Outlook" Dr. Mark Snead 12:45 PM: Q &A 1:00 PM: CLOSING REMARKS: Chelsea Levo