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HomeMy WebLinkAbout2014.09.11_OEDA AgendaPUBLIC NOTICE OF THE MEETING OF THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY TYPE OF MEETING: Regular DATE: September 11, 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 an Tuesday, September 9, 2014.Q Chelsea M.E. Levo, Economic Development Director AGENDA 1. Call: to Order Dr. Thomas, Chairman 2. Consideration and appropriate action relating to a request for Trustee approval of the Consent Agenda. All matters listed under "Consent" are considered by the Trustees to be routine and will be enacted by one motion. Any Trustee may, however, remove an item from the Consent Agenda by request. A motion to adopt the Consent Agenda is non - debatable. A. Approval of minutes of the August 14, 2014 regular meeting Attachment B. Approval of claims Attachment C. Acceptance of the monthly financial reports Attachment 3. Consideration and appropriate action relating to items removed from the Consent Agenda 4. Report from OEDA Director Ms. Levo Attachment * Business Development Report * Monthly Building Report * Public Works Project Status Report * Monthly Sales Tax Report 5. 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 to locate in the Owasso area; such request pursuant to title 25 O.S. § 307(C)(10) OEDA September 11, 2014 Page 2 6. Report from OEDA Manager Mr. Lehr 7. Report from OEDA Trustees B. New Business (New Business is any item of business which could not have been foreseen at the time of posting of the agenda.) 9. Adjournment MEETING OF THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY MINUTES OF MEETING Thursday, August 14, 2014 The Owasso Economic Development Authority met in regular session on Thursday, August 14, 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, August 12, 2014. ITEM 1: CALL TO ORDER & ROLL CALL Dr. Thomas called the meeting to order at 10:00 AM. PRESENT ABSENT Dirk Thomas, Chairman None Dee Sokolosky, Vice Chairman Gary Akin, Secretary Jeri Moberly, Trustee David Charney, Trustee Frank Enzbrenner, Trustee Bryan Spriggs, Trustee A quorum was declared present. ITEM 2: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR TRUSTEE APPROVAL OF THE OEDA CONSENT AGENDA A. Approval of minutes of the July 10, 2014 Regular Meeting B. Approval of claims C. Acceptance of the monthly financial report Following discussion, Dr. Spriggs moved to approve the consent agenda, seconded by Ms. Moberly. AYE: Thomas, Sokolosky, Akin, Charney, Enzbrenner, Moberly, Spriggs NAY: None ABSTAIN: None Motion carried 7 -0. ITEM 3: CONSIDERATION AND APPROPRIATE ACTION RELATING TO ITEMS REMOVED FROM THE CONSENT AGENDA No action required ITEM 4: REPORT FROM OEDA DIRECTOR Chelsea Levo provided a business development report; Earl Farris presented the Public Works project status update; Bronce Stephenson presented the Monthly Building Report for July; and Linda Jones presented the sales tax monthly report. Discussion was held. ITEM 5: REPORT FROM OEDA MANAGER Warren Lehr commented on discussions with the railroad to move their switching station off of E 76th Street North to another location outside of Owasso. August 14, 2014 ITEM 6: REPORT FROM OEDA TRUSTEES No Report ITEM 7: NEW BUSINESS None ITEM 8: ADJOURNMENT Mr. Charney moved to adjourn the meeting, seconded by Ms. Moberly. AYE: Thomas, Sokolosky, Akin, Charney, Enzbrenner, Moberly, Spriggs NAY: None ABSTAIN: None Motion carried 7 -0. At 10:55 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: September 11, 2014 No claims for August 2014. Owasso Economic Development Authority Statement of Revenues, Expenses and Changes in Fund Net Assets For the Month Ending August 31, 2014 Operating Revenues Operating Expenses: Materials & supplies Services & other charges Capital outlay 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 MTD YTD Budget $0.00 $0.00 $0.00 0.00 0.00 0.00 0.00 0.00 5,000.00 0.00 0.00 0.00 0.00 0.00 5,000-00 (5,000.00) 0.00 0.00 0.70 1.39 8.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.70 1.39 $8.00 0.70 1.39 (4,992.00) 0.00 0.00 0.00 0.70 (4,992.00) 1.39 9,062.66 9,054.51 $9,064.05 $4,062.51 A w000 The 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: September 11, 2014 NEW BUSINESS DEVELOPMENT • The Super 8 Hotel, 76th Street N. opened last week. The new hotel has 50 rooms. • Baskins Robbins continues to work hard to open on 86th Street in the former Freckles location this month. This project is slow and steady but hopes to open this month. • Construction on Whataburger is progressing quickly and Hideaway Pizza construction is moving along; Sprouts has also started working on their site in the Willis Farms Commercial Development area (Sam's). • Staff has met with two new retailers in pre - development meetings in the last month. Both request privacy until further notice for announcement. • The Gathering on Main celebrated their one -year anniversary this month bringing in more vendors and food trucks than ever. The event received a total of 110 vendors and 25 food trucks. The attraction has sparked conversations of Main Street revitalization and business investment. City staff continues to promote and support the event as well as work toward Main Street improvements. BUSINESS RETENTION & EXPANSION (BR&E) Whirlpool hosted a tour and ribbon cutting of a new product line last month on August 26 for Congressman Jim Bridenstine and area economic development officials. The City of Owasso issued a letter of support last November for Whirlpool's application for the Economic Development Pooled Financing they received to open this new product line. The new addition will add 150 jobs to Whirlpool's existing 850 employee base. Staff was informed by Allen Brooks with the Public Finance Law Group, PLLC that GE Capital has reported Precision Aerospace has not moved forward with the purchase of equipment through Industrial Development Revenue Bonds. Staff plans to meet with Precision Aerospace this month. REGIONAL DEVELOPMENT Last month, the Tulsa Regional Chamber released Phase 2 from the strategic planning session for Tulsa's Future III. The session reviewed target businesses in the image below for the area. They also released findings from Phase 1 planning sessions (separate attachment) . / / / / / / / / / / / / / / 11111111111; • At a Chamber news conference December 17, Oklahoma Governor Mary Fallin and regional officials announced that national retailer Macy's has chosen northeast Oklahoma as home for its newest order fulfillment center. The company will hire 1,500 full -time and part -time employees. The company also plans to annually employ 1,000 temporary seasonal associates during the busy holiday season. The jobs announcement is the largest in nearly 10 years for the Tulsa region. An impact study conducted by the Tulsa Regional Chamber offers positive information: Over the next ten years, the Macy's northeast Oklahoma order - fulfillment center will: • generate an estimated economic impact of $800 million in the value of goods and services produced; • support the earning of $534 million in wages and salaries; and • support the collection of $15.8 million in city and county sales and property taxes. The size of the new Macy's workforce and facility and a cost of doing business that is 17 percent below the U.S. average will set the pace for Tulsa as a target for similar expansions as Tulsa's economy continues its steady growth. WORKFORCE DEVELOPMENT Kathy Rutherford, TOP Rams and Mock Trial instructor for the Owasso High School and I have been working together to connect students with businesses for mentoring, internships, job shadowing and training opportunities. Kathy has 150 students currently in the TOP Rams program. We will be meeting soon with Stephanie Cameron, program director for Dream It. Do It. which connects industry with students. We are also organizing a tour of the Port of Catoosa for students. The Broken Arrow Economic Development Council and Broken Arrow Public Schools have a successful program which we will be learning more about and borrowing some ideas and concepts. We will also be connecting students with various companies in the Tulsa Region for mentoring, job shadowing and internships. ECONOMIC DEVELOPMENT INDUSTRY NEWS Business Industry Magazine addressed the well -known and much concerned talent shortage crisis in an article last month. It highlighted a growing unemployment rate for college graduates, the skills gap and the growing "silver tsunami" - retiring Baby Boomers. The author, John Paul Williams, director of Industry Solutions for Polycom offers the following solutions: • Cast a wider net to gain access to new talent streams, tapping sourcing agencies, academia, technical institutes, and other sources. • Develop a role -based career progression model and share it with your workers. • Leverage company and industry specific knowledge; enable your best thinkers who understand your company's unique environment, business processes, and competitive advantage to train others. • Provide workers with exciting opportunities to lead R &D initiatives and test and implement new technologies and processes. Provide a safe environment for failure often this is when the greatest insights are gained. The next attempts will be far more effective. • Create virtual networks and resources workers can harness at a moment's notice to help them chart their course and learn from others. • Provide on- the -job coaching and mentoring to bridge gaps and empower employees. • Use collaborative technologies to lure thought leaders to your company, while respecting their desire to live and work elsewhere. • Think glocal, leveraging the power of your global brand to recruit and retain staff, but also tailoring the work environment and experience to local needs and values. • Build external relationships with suppliers, business executives, education partners, local government officials, and other business leaders who can push for change. • Create a workforce management strategy that maps to business objectives and establish governance and metrics to measure progress. To read the full article, visit http://www.industryweek.com /recruiting- retention/how- manufacturing- can - solve- its - own - talent- shortage - crisis ?page = I OKPolicy.org reported in the September 4 edition of "In the Know ": o Gross revenue collections for August were up 7.5 percent from a year ago, according to a report released Wednesday by State Treasurer Ken Miller's office. "Oklahoma's economy continues to climb up the expansion side of the business cycle," Miller said. "Our people are earning and spending more as reflected by steady growth in income tax and sales tax receipts." Gross collections for August brought in $898.44 million up $64.2 million. TULSA'S FUTURE III PHASE 2: TARGET BUSINESS REVIE Submitted by Market Street Services Inc. www.marketstreetservices.com August 2014 tolsa "s.,,,o� uture Phase l:.Fa get BUsirress Review w jp 9n t The first phase of Tulsa's Future III process was a Competitive Dashboard, a high -level assessment of Tulsa region and nine U.S. metropolitan areas with which it competes with forjobs and talent. The Tulsa region was benchmarked against Dallas, Indianapolis, Kansas City, Little Rock, Louisville, Oklahoma City, Omaha, Shreveport, and Wichita. The Competitive Dashboard identified key strengths, weaknesses, and opportunities of the Tulsa region in five key areas: economic performance, workforce competitiveness, innovation and entrepreneurship, business environment, and quality of life. The quantitative data was combined with input from stakeholders in the region who identified opportunities, challenges, and priorities for the region. Key themes, pertinent to the targets sectors outlined in the Target Business analysis are highlighted. • Tulsa's economic performance over the last year five years has been middle of the pack relative to competitor metros. Over the last five years, Tulsa's regional economy shrank by -2.7 percent, the third worst performing metropolitan area among the regions examined. • Oklahoma metropolitan areas lead in average annual wage growth. The Tulsa region's annual average wages grew by 15.2 percent, the second fastest growth of ten metropolitan areas. Oklahoma City, whose annual average wages grew by 17.8 percent, was the only region to outperform Tulsa. • The announcements involving Macy's and Verizon's location into the area were frequently cited as big wins for the region. On average, local residents responding to the online survey rated the regional economic condition as better or much better since the great recession. • Compared to nine competitor benchmark regions, Tulsa's adult population with a bachelor's degree or higher lags behind almost every other benchmark metropolitan area. In 2012, only 26.2 percent of Tulsa's population held a bachelor's degree or more, the ninth lowest of the 10 metros. However, the Tulsa region excels in the share of adults with an associate's degree, ranking first among all other benchmark communities. • Business leaders and economic development professionals repeatedly cited workforce supply as one of the biggest challenges facing Tulsa's long -term growth. Ranging from aerospace and aviation leaders who cannot find skilled engineers to manufacturing executives who felt they cannot fill positions with workers who possess adequate soft skills and technical skills, workforce availability concerns were widely expressed in public input. • Further exacerbating talent availability concerns are the region's limited access to quality public K -12 education and uncertainty over public school funding. Secondary and post- secondary stakeholders expressed concern over the capacity to retain quality teachers who often leave for schools in nearby states due to their higher earnings potential. RKET Page:3 August 201.4 ��U���� �� ���U��Q���� ��N�����°~� Phase 2�TargetBusiness Review * Entrepreneurs and local business |aadan expressed excitement around the growth of the entrepreneurial ecosystem in Tulsa. The Forge, I Million [ups, Fab Lab Tulsa, and i2E are examples of the new entrepreneurial movement developing in the Tulsa region. * Utility costs are the lowest of all benchmark metropolitan areas, with the exception of the Oklahoma who enjoys the same low utility rates. Utility costs can be prime consideration for relocation and expansion decisions among power intensive business sectors such as manufacturing, energy, and aerospace and aviation. ° Regional industrial space is more expensive than many of Tulsa's benchmark competitors. Lower vacancy rates elevated costs for industrial space within the Tulsa region. It was the 8m most expensive of its ten benchmark areas • Local stakeholders expressed concern that the passenger air options offered by Tulsa International Airport limit access to other markets and the region's capacity to 6hnQ in more talent. Air departures at the Tulsa International Airport ranked 75^^ out of 798 U.S. airports. • Community input participations spoke with great optimism around the quality of life improvements occurring in Downtown Tulsa and region. Key quality of life assets include: Brady Arts District K4ayfest, First Fridays, downtowns around the region, and The Gathering Place. P",J T HE TNU SA Some specific key findings from the Competitive Dashboard illustrate the direction, growth, and challenges among the region's small, startup, and young firms: • Self-employed workers account for 66 percent of Tulsa's workforce (the second highest of all metros). • Small firms (fewer than ten employees) gnsm employment by 19.4 percent (fifth highest of all metros). • Firms under four years old capture 8.1 percent of the region's entire workforce (third highest of all metros). Additional data from the Edward Lowe Foundation'sYourEconomy.org tool provides more insights into what type of startups and young firms gained the most traction over a five-year period: * Expansion startups (establishments with their own DUNS number' that were spun off byan existing businesses) increased by 311 or an average annual rate of07.2 percent between 2008 and 2012. `A oumS number is provided by mm m Bradstreet weach business moutemu with the U.S. federal government for contracts m grants. The DUNS number is a unique nine digit identification number for each physical location of a business. Page 4, August 201.4 tolsa "s.,,,o� uture Phase 2:.Fa get BUsirress Review Expansion startups created 2,802 jobs, or an average annual rate of 20.7 percent over the five - year period. • New startup activity declined in the same five -year period. New startups (establishments with a new DUNS number that have no prior affiliation with any existing business) declined by 1,461 establishments, or an annual rate of -4.0 percent between 2008 and 2012. 0 New startups added 17,863 jobs locally, an average annual rate of 24.6 percent. At the target sector level, entrepreneurial dynamics will be discussed in this Target Business Review. The strategic implications of small firm growth — especially the high growth rate of existing startups in the region —will be leveraged in the upcoming Tulsa's Future III Strategy. RKET Page 15 August 201.4 RESIDENTIAL SINGLE FAMILY NEW CONSTRUCTION MONTH END REPORT AUGUST 2014 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 31 4 April 63 52 30 31 36 31 19 26 26 36 5 May 43 36 60 23 27 30 20 23 19 17 6 June 42 29 27 21 34 23 19 24 19 12 7 July 27 12 23 24 28 17 20 15 27 23 8 August 45 28 27 18 28 19 12 15 18 19 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 518 336 301 267 303 246 179 224 238 181 YTD 323 242 192 178 193 193 127 149 159 162 45,OOC' nnn 30,OOC 15,OOC TOTAL NEW CONSTRUCTION DOLLARS FOR EACH YEAR CITY OF OWASSO RESIDENTIAL LOT INVENTORY STATUS August 29, 2014 SUBDIVISION Burberry Place (6/09) Camelot Estates (4/07) Carrington Pointe 1 (1/11) Champions East (05/08) Champions West (5/08) Country Estates 111 (3/99) Country Estates VI (11/03) Crescent Ridge (02/08) Fairways V (8/99) Fairways VI (12/00) Falls at Garrett Creek (12/05) Falls at Garrett Creek Amended (12/05) Honey Creek (4/02) Keys Landing (3/08) Lake Valley IV (5/10) Lake Valley V (9/30) Lakes at Bailey Ranch (10/07) Maple Glen (12/08) Maple Glen 11 (1/11) Maple Glen 111 (5/13) Maple Glen IV (6/2/14) Nottingham Estates IV (8/01) Nottingham Estates V (3/01) Nottingham Hill (6/09) Park Place at Preston Lakes Preston Lakes (12/00) Preston Lakes 111 (10/04) Remington Park 11 (11/04) Sawgrass Park 11 (04/05) The Summit at Southern Links (6/97) Watercolours (12/02) TOTALS # OF LOTS 89 139 171 66 45 61 37 101 71 42 85 24 202 131 114 78 235 98 93 43 92 20 44 58 93 272 147 84 96 31 40 2902 # DEVELOPED 87 101 149 8 17 58 36 93 66 41 84 23 198 113 112 58 232 95 88 38 15 17 43 13 39 243 144 82 94 26 31 2444 # AVAILABLE 2 38 22 58 28 3 1 8 5 1 1 1 4 18 2 20 3 3 5 5 77 3 1 45 54 29 3 2 2 5 9 458 Watercolours (12/02) The Summit at Southern Links (6/97) Sawgrass Park II (04/05) Remington Park II (11/04) Preston Lakes III (10/04) Preston Lakes (12/00) Park Place at Preston Lakes Nottingham Hill (6/09) Nottingham Estates V (3/01) Nottingham Estates IV (8/01) Maple Glen IV (6/2/14) Maple Glen III (5/13) Maple Glen II (1/11) Maple Glen (12/08) Lakes at Bailey Ranch (10/07) Lake Valley V (9/30) Lake Valley IV (5/10) Keys Landing (3/08) Honey Creek (4/02) Falls at Garrett Creek Amended (12/05) Falls at Garrett Creek (12/05) Fairways VI (12/00) Fairways V (8/99) Crescent Ridge (02/08) Country Estates VI (11/03) Country Estates III (3/99) Champions West (5/08) Champions East (05/08) Carrington Pointe 1 (1/11) Camelot Estates (4/07) Burberry Place (6/09) CITY OF OWASSO 0 50 100 150 200 250 300 ■Lots Developed OTotal Lots COMMERCIAL NEW CONSTRUCTION MONTH END REPORT AUGUST 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 1 4 April 3 4 1 0 4 1 1 1 0 1 0 5 May 1 3 2 1 1 2 1 2 1 0 0 6 June 4 3 4 1 1 2 0 0 2 1 2 7 July 0 0 0 0 1 0 0 0 0 1 0 8 August 3 1 7 3 1 0 0 2 2 0 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 O q is 23 23 43 48 20 9 10 11 7 11 4 YTD 16 18 30 11 13 7 7 7 5 5 4 AUGUST YEAR -TO -DATE COUNT 2010 2011 2012 2013 2014 7 7 5 5 4 AUGUST YEAR -TO -DATE DOLLARS 10,000,000 8,000,000 6,000,000 4,000,000 2,000,000 0 2010 2011 2012 1AUGUST 2,120,,347 3,705,616 9,296,000 MM MM 2013 2014 4,572,850 4,585,000 OCCUPANCY PERMITS NAME ADDRESS AUGUST 2014 7/7/2014 Super 8 Hotel 11604 E 76 St N JULY 2014 Yes Heartland Dental 13101 E 96 St N Bricktown Brewery 11909 E 96 St N JUNE 2014 Yes Bite Perfect 12810 E 101 PI N #102 Ichiban Steak House 9500 N 129 E Ave #100 9inetyEight Apartments 12700 E 100 St N #1 -24 Tulsa Bone & Joint 12455 E 100 St N #120 Body by BJ 403 W 2 Ave #102 Ok Baptist Children's Home 12760 E 74 St N MAY 2014 5/6/2014 Garrett Creek Wine & Spirits 11560 N 135 E Ave #110 RCB Bank 12200 E 96 St N St. John Medical Office 12455 N 100 E Ave APRIL 2014 10/14/2013 Discount Tire 13321 E 116 St N Ledford Properties 425 E 22 St N Owasso Auto Spa /Dog Wash 9800 N 119 E Ave MARCH 2014 Yes Lindo Veracruz 301 W 12 St FEBRUARY 2014 Gramma's Attic 11211 N Garnett Rd JANUARY 2014 Envi Spa 9455 N Owasso Exp #G Raising Canes 13301 E 96 St N Simply Nutrition 117B S Main St St. Johns MOB 3rd Floor 12455 N 100 E Ave Friendship Baptist Church 14100 E 86 St N AAA Insurance 11519 N Garnett Rd DECEMBER 2013 NOVEMBER 2013 OCTOBER 2013 APPLICATION OPENING COMPLETE DATE DATE 2/26/2013 8/15/2014 Yes 11/12/2013 7/7/2014 Yes 5/29/2014 7/7/2014 Yes 4/13/2013 6/3/2014 Yes 3/19/2014 6/24/2014 Yes 2/26/2013 6/19/2014 Yes 3/5/2014 6/11/2014 Yes 4/22/2014 6/13/2014 Yes 6/20/2013 6/30/2014 Yes 4/15/2014 5/6/2014 Yes 10/22/2013 5/14/2014 Yes 1/27/2014 5/14/2014 Yes 10/14/2013 4/30/2014 Yes 1/15/2014 4/4/2014 Yes 2/21/2014 4/14/2014 Yes 2/25/2014 3/5/2014 Yes 2/24/2014 2/26/2014 10/22/2013 1/2/2014 7/8/2013 1/8/2014 1/9/2014 1/13/2014 9/30/2013 1/22/2014 9/11/2013 1/24/2014 9/16/2013 1/28/2014 Justice & Brothers 9018 N 121 E Ave #500 8/19/2013 10/2/2013 Mum's'N Bum's 104 W Broadway, Suite 4 10/1/2013 10/10/2013 Needful Things 12701 E 86 PI N 10/1/2013 10/15/2013 Sam's Club 12905 E 96 St N 9/7/2012 10/24/2013 Sixkillers Gaming House 7703 N Owasso Exp #109 10/31/2013 10/31/2013 SEPTEMBER 2013 Senior Suites 10098 N 123 E Ave 6/14/2012 Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes PERMITS APPLIED FOR IN AUGUST 2014 ADDRESS BUILDER ADD /ZONE VALUE A.S.F. PERMIT# DATE 15505 E 88 St N Simmons Homes PPPL /RS3 $ 153,285 2,787 14- 0801 -X 8/1/2014 14200 E 92 St N Denham Homes CE /RS3 $ 132,000 2,400 14- 0802 -X 8/1/2014 14313 E 91 St N Denham Homes CE /RS3 $ 132,000 2,400 14- 0803 -X 8/1/2014 15505 E 87 St N Simmons Homes PPPL /RS3 $ 153,285 2,787 14- 0804 -X 8/1/2014 11330 N Garnett Rd Crown Neon Signs HAII /CG $ 2,700 30 14- 0805 -S 8/1/2014 12401 E 86 St N Acura Neon BOL /CS $ 4,000 90 14- 0806 -S 8/1/2014 9551 N Owasso Exp #102 A -Max Signs TPIV /CS $ 5,000 40 14- 0807 -S 8/1/2014 8921 N 143 E Ave Denny Construction CE /RS3 $ 137,665 2,503 14- 0808 -X 8/5/2014 10917 N 121 E Ave Capital Homes MGIV /RS3 $ 153,395 2,789 14- 0809 -X 8/6/2014 9121 N 100 E Ave American Heartland FVV /RS3 $ 131,615 2,393 14- 0810 -X 8/6/2014 13518 E 93 St N Atlantis Pools NE /RS2 $ 35,000 800 14- 0811 -P 8/12/2014 14308 E 92 St N Strategic Builders CE /RS3 $ 176,000 3,200 14- 0812 -X 8/12/2014 14316 E 92 St N Strategic Builders CE /RS3 $ 151,200 2,750 14- 0813 -X 8/12/2014 14312 E 92 St N Strategic Builders CE /RS3 $ 140,250 2,550 14- 0814 -X 8/12/2014 9551 N Owasso Exp #102 ACT Construction TD /CS $ 225,000 1,713 14- 0815 -C 8/12/2014 11330 N Garnett Rd Eric Cotton HAII /CG $ 20,000 2,000 14- 0816 -C 8/18/2014 15506 E 87 PI N Simmons Homes PPPL /RS3 $ 192,005 3,491 14- 0817 -X 8/21/2014 15511 E 88 St N Simmons Homes PPPL /RS3 $ 158,400 2,880 14- 0818 -X 8/21/2014 12014 E 109 St N Capital Homes MGIV /RS3 $ 149,270 2,714 14- 0819 -X 8/22/2014 11003 N 121 E Ave Capital Homes MGIV /RS3 $ 111,265 2,023 14- 0820 -X 8/22/2014 11120 N 145 E PI Capital Homes LVV /RS3 $ 111,265 2,023 14- 0821 -X 8/22/2014 14617 E 111 PI N Capital Homes LVV /RS3 $ 111,265 2,023 14- 0822 -X 8/22/2014 14505 E 112 St N Capital Homes LVV /RS3 $ 111,265 2,023 14- 0823 -X 8/22/2014 12106 E 70 St N Denham Homes KL /RS3 $ 132,000 2,400 14- 0824 -X 8/22/2014 11640 E 86 St N Stay Green Inc. 3L /CS $ 40,000 1,000 14- 0825 -C 8/26/2014 7509 E 83 PI N Executive Homes CARPI /RS3 $ 146,190 2,658 14- 0826 -X 8/27/2014 8500 N 129 E Ave A -Max Signs ECCCA /CS $ 4,000 77 14- 0827 -S 8/27/2014 19 Single Family $ 2,683,620 48,794 SgFt 3 Commercial Remodel $ 285,000 4,713 SgFt 4 Signs $ 15,700 237 SgFt 1 Pool $ 35,000 800 SgFt 27 Total Building Permits 1 $ 3,019,320 54,544S 049 of Owasso- I.I.J. N. Mai.av St Owa-, .o, OK 74055 PROJECT STATUS REPORT City of Owasso Public Works Department August 29, 2014 • E. 106b Street North and Garnett Road Intersection Improvement Project - 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. - Final completion of the project occured during the last week of August. Public Work staff will be meeting with the contractor, Oklahoma Department of Transportation and EST (inspectors of this project) to do a final punch list within the next few weeks. • E. 76th Street North Widening (from U.S. Hwyl 69 to N. 129th East Avenue) - In October 2010, the City received notice that INCOG selected the project to receive federal funding in the amount of $2,090,000 for engineering, right -of -way and utility relocation costs. A 20% required match will be funded through the City of Owasso's Capital Improvement Fund. - In October 2011, the City received notice that INCOG selected the project to receive federal funding in the amount of $3,470,000 for construction and administration costs. A 20% required match will be funded through the City of Owasso's Capital Improvement Fund. - In February 2012, ODOT officials informed City staff of funds available in the Federal Surface Transportation Fund for the planning phase of E. 76th Street North Widening Project. - In March, INCOG presented this project to its members for consideration to receive funding in 2012 for the engineering design. Project was approved by the Technical Advisory, Transportation Policy Committee, and INCOG Board of Directors - Engineering agreement for Poe & Associates, Inc. of Tulsa, Oklahoma and funding agreement was approved at the May 7, 2013, Council Meeting. - 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 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. - Environmentalists are preparing Cultural Resources, Biological Resources, Hazardous Waste and Noise Assessments for ODOT's review. - The engineering design is approximately 60% complete. POE and Associates are currently designing the final placement of utilities and working on the intersection reconfiguration at N 127th E Ave. • 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. - As of today, Rosetta Construction has installed approximately 5,900 LF of 30" sanitary sewer line. Progress has slowed as contractor has now encountered limestone rock 14 ft thick. The project is approximately 49% complete with completion scheduled to occur in January 2015. • Garnett Widening (from E. 961 Street North to E. 106th Street North) - In November 2012, Council approved an engineering agreement with Dewberry in the amount of $345,600. - A Public Meeting for the Garnett Widening project was held June 27, 2013 with City staff and representatives from PSA Dewberry to receive citizen comments regarding the design. In October 2013, INCOG presented this project to its members for consideration to receive federal funding in FY 2017 for the construction phase. Project was approved by the Technical Advisory and Transportation Policy Committees. - On November 12, 2013, the INCOG Board of Directors approved federal funds to be allocated to this specific project in the year 2017 or sooner, if funding is available. The City of Owasso will receive $3.2 million in federal funds. - The engineering design is approximately 80% complete. Dewberry has started meetings with utility companies to discuss final alignments. In addition, ROW plans have been submitted to ODOT for review. • Hale Acres Offsite Sanitary Sewer Line Improvements - Sanitary sewer project is funded in the Wastewater Collection Operating Budget. As a result of inadequate slope, the offsite Hale Acres gravity sewer line is need of replacement. The estimated cost for such improvements is $270,000. - The Permit to Construct has been received from ODEQ. - Trustees awarded a construction contract to Triangle Construction in the amount of $359,879. - The contractor has mobilized and is in the process of putting erosion control measures in place (construction entrance /silt fence) and has begun clearing the site. Once cleared, the contractor will begin construction staking and begin installation of the sewer line. • FY 2013 -2014 Street Rehabilitation Proaram - 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. Tri -Star Construction has completed work on W. 7t" Street and has completed fog sealing in Meadowcrest. The contractor has now mobilized on W 6t" Street. This is the final street under the current contract and work is expected to be complete within 2 weeks. Tulsa County will then provide asphalt services for the overlay portion of the project. At this time we anticipate Tulsa County to begin work in late September. $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 City of Owasso FY 2014-2015 Monthly Sales Tax Comparisons Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May J'ur Year-to-Date Sales Tax Totals $25,000,000 A $20,000,000 $15,000,000 $10,000,000 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun City of Owasso Sales Tax Report Budget to Actual Comparison September 8, 2014 2014 -2015 2014 -2015 Actual Collections Budget Projections Over (Under) Projection Amount Percent Amount Percent Amount Percent Jul $ 1,865,193,66 8.4% $ 1,870,945.01 8.4% $ (5,751.35) -0.3% Aug 1,820,787.95 8.2% 1,817,102.12 82% 3,665.83 0.2% Sep 1,832,861.33 8.3% 1,787,552.87 8.1% 45,308.46 2.5% Oct Nov Dec Jan Feb Mar Apr May Jun Totals $ $ 43,242.94 0.8% $ 5,475,600.00 24.7% 5,518,842.94 24.9% City of Owasso Sales Tax Report Two Year Comparison September 8, 2014 Fiscal 2014 -2015 Fiscal 2013 -2 Percent Amount of Budget Amount Jul $ 1,865,193.66 8.4% $ 1,704,984.63 Aug 1,820,787.95 8.2% 1,678,483.46 Sep 1,832,861.33 8.3% 1,617,952.06 Oct Nov Dec Jan Feb Mar Apr May Jun 014 Increase or (Decrease) Percent of Actual Amount Percent 8.1% $ 160,209.03 9.4% 8.0% 142,304.49 8.5% 7.7% 214,909.27 113% Totals $5,518,842.94 24.9% $5,001,420.15 23.8% $ 517,422.79 10.3% Note: Fiscal Year 2015 Sales Tax Budget is $22.2 million; FY'14 actual was $21 million. City of Owasso Monthly Sales Tax Revenues Last Five Fiscal Years 2014 -2015 2013.2014 2012 -2013 2011 -2012 2010 -2011 2009 -2010 Jul $ 1,865,193.66 $ 1,704,984.63 $ 1,630,956.50 $ 1,521,672.39 $ 1,485,552.57 $ 1,523,296.22 Aug 1,820,787.95 1,678,48146 1,521,846.41 1,485,585.66 1,409,806.38 1,457,190.41 Sep 1,832,861.33 1,617,952.06 1,518,488.35 1,485,891.81 1,433,235.57 1,384,785.99 Oct 1,677,144.73 1, 560, 824.24 1, 517,700, $8 1,467, 321.34 1, 386, 073.05 Nov 1,612,339,06 1,447,595.59 1,420,986.61 1,362,551.29 1,222,181.35 Dec 1,748,98923 1,605,740.09 1,488,693.19 1,423,010.85 1,481,442.33 Jan 2,073,564.27 1,792,033.55 1,655,568.87 1,640,741.37 1,558,964.00 Feb 1,990,103.51 1,817,864.08 1,748,279.70 1,675,132.30 1,66€5,458.42 Mar 1,544,05821 1,500,013.52 1,405,820.76 1,327,302.74 1,283,250.04 Apr 1,696,815.27 1,499,708.03 1,454,786.62 1,310,850.43 1,288,894.21 May 1,813,882.69 1,629,482.38 1,610,10297 1,506,255.74 1,506,435.50 Jun 1,864,532.80 1,643,877.95 1,547,918.80 1,487,182.33 1,513,720.24 $ 5,518,842.94 $ 21,022,849.92 $ 19,168,430.69 $ 18,343,008.26 $ 17,528,942.91 $ 17,266,691.76 City of Owasso Monthly Use Tax Revenues Last Five Fiscal Years 2014 -2015 2013 -2014 2012 - 2013 2011 -2012 2010 -2011 2009 -2010 Jul $ 50,297.74 $ 78,704.81 $ 33,564.91 $ 41,490.75 $ 42,547.09 $ 77,124.54 Aug 56,645.90 105,902.83 33,982.54 52,649.70 34,592.96 58,626.76 Sep 61,203.63 69,078.85 47,608.82 53,050.58 42,904.66 53,157.06 Oct 103,682.82 59,327.05 48,434.75 48,534.10 32,510.05 Nov 64,434.39 50,72223 43,503.50 42,275.99 37,032.82 Dec 86,423.76 48,320.10 52,051.50 40,466.31 35,727.86 Jan 57,183.06 60,594.21 47,738.06 52,885,66 47,548.94 Feb 75,453.77 78,302.28 55,670.54 54,867.98 45,714.97 Mar 50,120.99 57,199.16 44,139.56 39,200.77 30,888.31 Apr 55,506.56 30,576.98 29,496.59 45,286.77 50,504.67 May 63,673.80 51,093.50 55,835.13 44,615.83 53,407.77 Jun 42,884.09 75,138.73 41,989.03 33,512.24 57,883.91 $168,147.27 $ 853,049.73 $626,430.51 $566,049.69 $ 521,690.36 $ 580,127.66