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HomeMy WebLinkAbout2023.03.14_Worksession AgendaThis meeting Is a work session for Council/Trustee discussion only. There is no opportunity for public comments at work session. PUBLIC NOTICE OF THE JOINT MEETING OF THE OWASSO CITY COUNCIL MAR 10 2023 OWASSO PUBLIC WORKS AUTHORITY (OPWA) OWASSO PUBLIC GOLF AUTHORITY (OPGA) City Clerk's Office Council Chambers Old Central Building 109 North Birch, Owasso, OK Tuesday, March 14, 2023 - 6:00 PM NOTE: APPROPRIATE ACTION may include, but is not limited to: acknowledging, affirming, amending, approving, AGENDA 1. Call to Order - Mayor /Chair Kelly Lewis 2. Discussion relating to the bids received for the Outdoor Warning System Replacement Project Don Lynch 3. Discussion relating to the 2023 Wyland National Mayor's Challenge for Water Conservation Lauren Kimbrough 4. Discussion relating to the annual review of the Owasso Utility Rate Study, Five -Year Utility Rate Plan Carly Novozinsky 5. Discussion relating to Community Development items Alexa Beemer /Wendy Kramer A. Application for the 2023 Community Development Block Grant (CDBG) Program funding and project selection B. Request for a final plat- Villas at Stonebridge II, approximately 4.98 acres located south of East 76th Street North and east of North 1291h East Avenue C. Request for a planned unit development (PUD) for The Reserves at Owasso and a rezoning request from Residential Multifamily (RM) and Commercial Shopping (CS) to Residential Multifamily (RM), Commercial Shopping (CS), and Office (0) - approximately 51.66 acres located at the northwest corner of the East 106th Street North and North 145th East Avenue intersection, as referenced in applications OPUD 23 -02 and OZ 23 -02 D. Request for a planned unit development for The Vintage at Redbud - approximately 0.48 acres located south of West 2nd Street and west of North Atlanta Street, as referenced in application OPUD 23 -03 6. Discussion relating to a proposed Development and Financing Agreement with SAHO Properties, LLC -Tax Increment Financing, Owasso Redbud District, Increment District No. 1, Development Project Assistance for 401 West 2nd Avenue Chris Garrett Discussion relating to City /Authority Manager items Warren Lehr A. Public Hearings held March 7, 2023, for the proposed amendments to the City Council Ward Boundaries and the proposed amendment to the list of projects eligible to receive funding from the Capital Improvements Fund B. Agreement for economic development services between the Owasso Chamber of Commerce and the City of Owasso C. Proposed election to recapture the expiring 55 /100ths sales tax D. Monthly sales tax report and revenue outlook E. City Manager report 8. City Councilor /Trustee comments and inquiries 9. Adjournment Notice of Public Meeting filed in the office of the City -Clerk on Friday, December 9, 2022, and the Agenda posted at City Hall, 200 South Main Street, at 1:00 pMp onjFr)gtty,,March 1 "q23. M. Stevens, City The City of Owasso encourages citizen participation. To request or loccommodation 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@citvofowosso.com TO: The Honorable Mayor and City Council FROM: Lauren Kimbrough Pretreatment & Stormwater Administrator SUBJECT: Proclamation declaring support for and encouraging participation in the 2023 Wyland National Mayor's Challenge for Water Conservation DATE: March 10, 2023 BACKGROUND: The City staff will present a draft Proclamation for City Council consideration that will declare Owasso's support for and encourage participation in the 2023 Mayor's Challenge for Water Conservation, which is a friendly contest against cities from across the nation. Residents in participating cities are asked to take a series of online pledges that encourage water -wise habits. The pledges encourage small changes that will make a big impact for Oklahoma water resources. The challenge will also serve as a community involvement project in compliance with the City of Owasso's Stormwater Permit issued by the Oklahoma Department of Environmental Quality. The city who has the most residents that take the pledge will win bragging rights and participants have a chance to win over $50,000 in eco- friendly prizes for residents and area schools. In addition, one resident in a winning city will win $3,000 towards their home utility payments. The Public Works Department will promote the challenge throughout the month of April by hosting a booth at community events, such as the Lawn and Garden Spring Fling and by hosting a rain barrel sale. PROPOSED ACTION: This item has been placed on the March 14, 2023, City Council Worksession agenda for discussion. ATTACHMENTS: Conservation Challenge Presentation Draft Conservation Challenge Proclamation PUBLIC WORKS WOR'S CHALLENGE FOR DATER CONSERVATION April 1 - 30, 2023 12TH ANNUAL WYLAND NATIONAL MAYOR'S CHALLENGE FOR WATER CONSERVATION IT'S FUN, FREE AND EASY. SIMPLY CHOOSE AN ACTION TO TAKE ON BEHALF OF YOUR CITY AT MYWATERPLEDGE.COM rtr ABOUT ThL= CHALLENGE There are over 1,000 mayors in 40 states that participate each _ year. The campaign challenges residents to take a series of - simple water- saving actions for a chance to win over $50,000 in eco- friendly prizes for residents and area schools. including $3,000 towards Home Utility Payments. water saving fixtures, and hundreds of other prizes. OWASSO'S STORMWATER MANAGEMENT PROGRAM The City of Owasso Is required by DEQ to perform community involvement projects annually as a part of our 0KRG4 Stormwater permit This contest will meet these requirements and serve as an opportunity to educate Owasso residents about stormwater regulations and pollution prevention. HOW THE CONTEST WORKS Public Works staff will issue a participation statement an behalf of Mayor Lewis. The Owasso Public Works Department will promote the contest during the month of April. April 1 -30. residents go to and take a 4 -step conservation pledge on behalf of the City of0wasso. The city with the most residents that take the pledge in each population category wins. TbIW N�lpl VVHY SHOULD OWASSO RESIDENTS CONSERVE WATER? Owasso water use nearly doubles each summer due to irrigation. Irrigation runoff can cause water pollution by carrying contaminants like pet waste, motor oil. fertilizers. and pesticides Into the storm drain. ending up in the nearest creek. Using wise irrigation practices can reduce water pollution. save water. and reduce water bills. In 2022 Owasso businesses and residences used overl billion gallons ofwater. Ifeach Owasso resident saved 2 gallons ofwater per day. we could save 28 million gallons per year. Adding an irrigation system sensor that will shut the systems off during rain events and freezing temperatures limits water waste and pollution caused by runoff. Oklahoma native plants are drought tolerant and require less water to thrive, incorporating them Into a landscape could save water. Using a rain barrel to harvest rainwater from a gutter system allows residents to store and water plants. Using drip Irrigation allows water to soak into the ground slowly. This will minimize evaporation and nutrient loss while allowing plants to create a deep root base. Adding mulch or rocks to the base of plants and trees retains moisture. limits weed growth. and provides a barrier to soil erosion Energy efficient dishwashers use 5 gallons of water per load and washing machines use 14 gallons. Washing only full loads of laundry and dishes could save hundreds of gallons of water per year for a small family and thousands for a large family. Turning off the faucet while you brush your teeth could save 3 to 4 gallons of water per person or over 4.000 gallons per person peryear. Shower heads use about 2 gallons of water per minute. Cutting back your shower time by one minute could equal a savings of over 700 gallons per person per year. OBJECTIVES • Initiate a Proclamation for the March 21st City Council Meeting declaring support for and participation in the 2023 Wyland National Mayor's Challenge for Water Conservation. • Promote Water Conservation and Water Quality in support of the City of Owasso Stormwater Management Program. • Publicize the challenge for Owasso residents using website postings and social media posts. • Host a booth at the Lawn and Garden Spring Fling. • Hand out rain .gauges w/ City of Owasso logo and remind residents that they do not need to water if it has rained an inch. RAIN BARREL SALE Harvesting rainwater has many benefits Including saving water, saving money on your hill, and preventing erosion. Plants also love the nitrogen -rich tread By collecting rainwater, homeowners are helping to reduce flooding and pollution In local waterways that can be caused by stormwater runoff. When rainwater runs off of hard surfaces like rooftops, driveways, roadways, parking lots, and compacted lawns, It carries with it pollutants like pet waste, fertirizer. herbicides. and pesticides that can end up In our local waterways. Owasso residents and businesses can reduce stormwater runoff and save money by purchasing a rain barrel at a discounted rate] CITY OF OWASSOOKLAHOMA WHEREAS: the City of Owasso continues to expl and to inspire its residents to care for, WHEREAS: cities can engage in efforts to inspin cities, to become better environmental WHEREAS: the 12th annual National., Mayor's Wyland Foundation,wid supportfror, National League of Crhes is anon reduction and smart water `use; anW':. WHEREAS: with the encouragement of the r;may city's Challenge online, by maktngfsii pollution:for the period of one yearst water conservation strategies; and consumption of water, own communities, `asw,ell as their neighboring and Challenge Jor.`Water Conservation.' presented by the the USED 1 WaterSense, The Toro Company, and the wofit challenge to residents to encourage pollution gister their participation in their ase their water use and to reduce cities to apply State and Federal WHEREAS: from April 1 30;2023 the City of Owasso, wishes to inspire its residents and its neighboring communities to tape the "Wyland Mayors''Challenge for Water Conservation" by making a series of online pledges at mywatetpI, dge:com to reduce their impact on the environment and; Residents will further be provided with tools to take specific measurable actions throughout they- to improve the sustainable use ofnatural resources; NOW, THEREFORE, THE OKLAHOMA, DOWEREBY SECTION 1. That the 'E Conservation" emphasis. COUNCIL MEMBERS OF THE CITY OF OWASSO, AS agrees with and supports the "Wyland Mayor's Challenge for Water SECTION 2. That the program is to be implemented from April 1- 30, 2023, through a series of communication and outreach strategies to encourage Owasso residents to take the conservation "Challenge. " IN WITNESS THEREOF, I have hereunto set my hand and caused the seal of the City of Owasso to be affixed this 21- day of March 2023. Kelly Lewis, Mayor Owasso Public Works Authority Utility Rate Annual Report December 31, 2022 Table of Contents Introduction 3 Whereare We Now? 4 Major Considerations in Making Utility Rate Recommendations 5 Statement of Revenues, Expenses, and Changes in Net Position` - OPWA 6 OPWA Utility System Debt Service Payments 7 WaterSystem 8 Average Water Customers per Year 8 WaterUse by Customer Class 9 Water Consumption per Year 9 WaterBilling Rates 10 Water Revenue by Customer Type 1 1 SewerSystem 12 SewerRates 12 Historical Utility Rates 13 Comparative Residential Utility Rates 14 Five -Year Utility Rates 15 Introduction The City of Owasso provides water, sewer, refuse, recycling, and Stormwater management services to residents. The Stormwater Fund and the Owasso Public Works Authority (OPWA) began operating at a loss in fiscal year 2014, necessitating the implementation of a 5 -year utility rate plan in 2016 (extended by City Council in 2021) to restore fund balances and address the following rising costs: • Depletion of the OPWA and Stormwater Fund balances • Rising operational costs • Funding for necessary capital infrastructure, including an upgrade of the wastewater treatment plant. The revenue increases in this plan were computed based on both assumptions regarding annual increased costs of labor and materials, and annual increased cost of water purchased from the Tulsa Metropolitan Utility Authority (TMUA). The rate structure was designed to enable the City to develop >a long -term capital plan and enable commercial and residential customers to budget for the upcoming changes. In order to maintain a healthy fund balance that is capable of sustaining operations and providing uninterrupted service to customers, the City reviews the differences in actual costs versus projected costs each year, while also monitoring capital needs. 3 Where are we now? 1. Water purchase costs from the Tulsa Metropolitan Utility Authority (TMUA): • Prior to fiscal year 2016, the rate charged to the City by TMUA had increased by 58% over the previous 9 years. • Since the implementation of the 5 -year rate plan in fiscal year 2016, the rate has increased 1.7 %. 2. The following major capital improvements funded to date: • Upgrade /Expansion of the Wastewater Treatment Plant -$23.3 million • Upgrade of the Coffee Creek Sewer Lift Station - $5.9 million • Owasso Market Gravity Sewer Line - $1.0 million • Ranch Creek Sewer Interceptor Engineering - $585,500 • Various Water Projects - $935,000 • 117th Street Force Main - $150,000 • New Public Works Facility Engineering - $l million 3. Construction costs escalated substantially over the five -year period causing the need for additional funding. 4. To continue providing the current level of service to our citizens, the following major capital improvements and purchases, totaling approximately $41 million, are needed within the next five years: • Construction of a Public Works Facility - $13.0 million • Regional Detention Pond - $3.4 million • Rayola Detention Pond - $4.2 million • Country Estates Stormwater;- $3.0 million • Hale Acres Stormwater - $2.5 million • Nottingham North /South Drainage_ Channel Improvements - $1.0 million • Ranch Creek Sewer Intercept or - $6.0 million • Wastewater Collection Projects - $13 million • Upgrade of 117th Street Force Main $2.0 million • Rehab of Elm Creek Concrete Line $2.0 million • Other Water projects - $1.3 million • Purchase of Refuse Trucks - $1.3 million 5. Current utility fees will not enable the funding of these needed projects. Even by spreading the cost of these projects over multiple years through debt financing, additional revenues will be needed to fund the required debt service. 13 Major Considerations in Making Utility Rate Recommendations Some of the more important factors affecting future utility rate requirements are listed below: 1. Estimated 5% annual growth in operating costs. 2. Annual increases in labor costs. 3. Annual growth in residential and commercial customers. 4. Increased debt service payments needed to fund the capital projects to maintain current water, sewer, refuse, and stormwater services and to increase capacity for growth in population. 5. Inflationary increases in construction and material costs. 2,500,000 2,000,000 1,500,000 1,000,000 500,000 0 (500,000) (1,000,000) OPWA Operating Revenue, Expense & Debt — Accrual Basis OPWA Income (Loss) 2,243,730 7.,919.939 1,403,468 638,406 468,419 318,563 31,648 (224,053) (620,651) FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 From fiscal year 2007 through fiscal year 2016, revenues increased 59% while operating expenses increased 85 %. As a result, operations began operating at a loss beginning with fiscal year 2014, and unrestricted reserves were substantially depleted. Due to the implementation of the five -year utility rate plan, the OPWA unrestricted net position has increased enabling the City to go forward with much - needed infrastructure improvements over the next five years. The revenues in fiscal years 2021 and 2022 exceeded expenses largely due to the timing of expenditures for large, on -going infrastructure projects. Additional capital projects are needed to address our growing population and to continue providing quality services to our citizens. The five -year utility rate plan will enable OPWA to fund the debt service needed to facilitate these future projects. N $5.0 $4.5 $4.0 $3.5 N $3.0 c 0$2.5 $2.0 $1.5 $1.0 $0.5 $0.0 Q Y] O O f N N i OPWA Utility System Debt Service Payments Issued Debt Proposed 2024 Capital Debt E3 Proposed 2031 Capital Debt Annual debt service payments for the operation of OPWA funded by utility revenues (reflected above) totaled approximately $2.54 million for fiscal year 2021, $2.80 million for fiscal year 2022, and $2.95 for fiscal year 2023. The projected amounts for proposed debt for the new OPWA facilities, water, wastewater, and stormwater projects are in grey and tan above. The bulk of the reimbursable debt, such as for Fire Station #4 and other City capital projects, is funded by the third penny sales tax for capital improvements and is excluded from the graph above. 7 Water System OPWA currently purchases all of its treated water on a wholesale basis from the Tulsa Metropolitan Utility Authority (TMUA). OPWA is billed monthly by TMUA under a "sole source" contract. TMUA annually reviews and adjusts the price of water to all customers, including OPWA. The most recent adjustment was a 2% increase effective October 2017, bringing the rate charged by TMUA to OPWA, as of October 1, 2022, to $3.50 per thousand gallons on a uniform rate structure. Currently, Owasso has no other alternate source of water, such as its own back -up water treatment system or a connection to another neighboring water system. Average Water Customers per Year 10,100 9,900 9A, 91895 9,701 9.735 9,700 9399- 9,500 9,458 91516 9,-390 9,296 9,300 9,100 8,900 2012 -13 2013 -14 2014 -15 2015 -16 2016.17 2017 -18 2018 -19 2019 -20 2020 -21 2021 -22 The Owasso Public Works Authority currently serves water to over 10,000 customers, including rural customers not included in the graph above. The City of Owasso has experienced a 7% growth in the number of water customers over the past ten years. N Water Use by Customer Class Wafer consumption is largely driven by weather and number of customers. The chart below presents wafer consumption information for the past ten fiscal years. Water Consumption Per Year (In Thousand Gallons) 960,000 945 552 938,246 940,000 924,001 920,000 913,432 900,000 893,051 880,000 857,567 869,209 860,000 840,000 820 190 820,000 800,000 780,000 760,000 740,000 Water Billing Rates The City of Owasso uses usage tier rates for the water rate. Customer billings are calculated by adding the tier usage rates per thousand gallons to the monthly base rate. Current rates were effective October 2022. Rates for customers outside City limits have been established by OPWA Resolution to be 20% greater than rates for customers inside City limits. Water Usage 2021 Rates Inside City Limits 2022 Rates Inside City Limits Increase 3,000 Gallons $ 28.19 $ 28.75 $ 0.56 5,000 Gallons 43.61 44.47 0.86 7,000 Gallons 59.13 60.31 1.18 10,000 Gallons 82.41 1 84.07 1.66 Current Water Rates $120.00 $100.00 $100.88 $80.00 $72.37 $60.00 53.36 $34.50 $60.31 $40.00 544.47 $20.00 $28.75 3,000 Gallons 5,000 Gallons 7,000 Gallons 10,000 Gallons Inside City Limits Outside City Limits 10 Water Revenue by Customer Type $5,000,000 $4,500,000 - $4,000,000 $3,500,000 $3,000,000 $2,500,000 Residential Commercial $2,000,000 Fireline & City at Cost $1,500,000 $1,000,000 $500,000 FY FY FY FY FY FY FY FY FY FY 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Residential $3,521,324 $3,534,658 $3,377,415 $3,706,866 $3,727,114 $3,710,379 $3,597,217 $3,922,391 $4,550,780 $4,510,236 Commercial 1,193,619 1,270,976 1,323,475 1,472,681 1,938,004 2,092,634 2,020,572 2,141,421 2,498,273 2,757,031 Fireline & City at Cost 347,516 284,487 247,846 336,234 314,529 445,520 488,504 384,308 583,923 490,277 Total $5,062,459 $5,090,121 $4,948,736 $5,515,781 $5,979,647 $6,248,533 $6,106,293 $6,448,120 $7,632,976 $7,757,544 $5,000,000 $4,500,000 - $4,000,000 $3,500,000 $3,000,000 $2,500,000 Residential Commercial $2,000,000 Fireline & City at Cost $1,500,000 $1,000,000 $500,000 FY FY FY FY FY FY FY FY FY FY 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Sewer System The Authority's sanitary sewer system serves most, but not all, of Owasso's incorporated area. The system consists of a collection system, eight lift stations and a wastewater treatment plant at 600 S. Main. Residential customers are charged a monthly sewer charge that is based on their average usage for the year. Sewer Usage 2021 Rates Inside City Limits 2022 Rates Inside City Limits Increase 3,000 Gallons $ 23.09 $ 24.25 $ 1.16 5,000 Gallons 31.81 33.41 1.60 7,000 Gallons 40.53 42.57 2.04 10,000 Gallons 53.61 56.31 2.70 $75.00 Current Sewer Rates $67.61 $65.00 $55.00 $56.31 $45.00 $40.11 $42.57 $35.00 $29.11 $33.41 $25.00 $24.25 $15.00 3,000 Gallons 5,000 Gallons 7,000 Gallons 10,000 Gallons Inside City Limits Outside City Limits 12 Owasso Average Utility Rates - Effective October 1 st Effective October 1st 2013 2014 2015 2016 2017 2018 12019 2020 2021 2022 2023 2024 2025 Total 7,000 gallons WATER - Inside City $ 41 $ 42 $ 45 $ 48 $ 51 $ 53 $ 56 $ 59 $ 59 $ 60 $ 62 $ 63 $ 64 Total 5,000 gallons SEWER - Inside City 22 22 24 25 26 27 29 30 32 33 35 1 37 39 Stormwater Rates 3 3 3 4 4 5 5 6 6 6 7 7 8 Refuse Rates 14 14 14 15 15 16 16 17 17 17 17 18 18 Average Utility Bill - Inside City Limits 79 81 86 91 96 101 107 1 112 113 117 121 124 128 7.0% 6.0% 5.0% 4.0% 3.0% 2.0 %, 1.0% 0.0% Owasso Historical Utility Rate Percentage Increases 6.3% 6.2% . a 5.2% 5.0% 2.0% 1.9% 1.4% 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 13 Comparative Residential Utility Rates - For Customers Inside City Limits December 31, 2022 (Based on the most recent known data from each City) Utility Rates by City - Inside City Limits Glenpool Jenks Collinsville Bixby Broken Arrow Sand Springs Owasso Tulsa Total 7,000 gallons WATER - Inside City $ 59.20 $ 57.00 $ 53.34 $ 58.91 $ 50.52 $ 51.25 $ 60.31 $ 36.55 Total 5,000 gallons SEWER - Inside City 25.00 21.52 23.95 26.65 32.36 38.50 33.41 60.05 Stormwater Rates 2.00 5.00 5.00 4.00 8.89 5.97 6.00 9.80 Refuse Rates 15.82 16.35 16.04 17.60 16.75 19.98 17.20 18.50 Ambulance Fee 3.50 10.00 3.60 5.45 2.25 4.00 5.45 Solid Waste Management Fee 0.35 Street Light Fee 2.50 Total Utility Bill by City - Inside City Limits $ 102.37 $ 103.37 $ 108.33 $ 110.76 $ 116.47 $ 117.95 $ 120.92 $ 130.35 $140 $120 $100 $80 $60 $40 $20 Total 2022 Average Monthly Utility Cost Glenpool Jenks Collinsville Bixby Broken Arrow Sand Springs Owasso Tulsa Owasso Five -Year Residential Rates 15 Effective Oct -01 -2021 Effective Oct -01 -2022 Effective Oct -01 -2023 Effective Oct -01 -2024 Effective Oct -01 -2025 Water Rates - Inside City Base for 3/4" Meter $ 12.82 $ 13.08 $ 13.341 $ 13.61 $ 13.88 0 -1,000 gallons 1,001 -2,000 7.66 7.81 7.97 8.13 8.29 2,001 -3,000 7.71 7.86 8.02 8.18 8.34 3,001 -4,000 7.71 7.86 8.02 8.18 8.34 4,001 -5,000 7.71 7.86 8.02 8.18 8.34 5,001 -6,000 7.76 7.92 8.08 8.24 8.40 6,001 -7,000 7.76 7.92 8.08 8.24 8.40 Total monthly water cost for average residential at 7,000 gallons $ 59.13 $ 60.31 $ 61.53 $ 62.76 $ 63.99 Increase percent 0.0% 2.0% 2.07. 2.0% 2.0% Sewer Rates - Inside Base $ 10.01 $ 10.51 $ 11.04 $ 11.59 $ 12.17 0.1,000 gallons 4.36 4.58 4.81 5.05 5.30 1,001 -2,000 4.36 4.58 4.81 5.05 5.30 2,001 -3,000 4.36 4.58 4.81 5.05 5.30 3,001 -4,000 4.36 4.58 4.81 5.05 5.30 4,001 -5,000 4.36 4.58 4.81 5.05 5.30 Total sewer for average residential at 5,000 gallons $ 31.81 $ 33.41 $ 35.09 $ 36.84 $ 38.67 Increase percent 5.1% 5.07. 5.07o 5.07. 5.0% Stormwater Rates Residential (per month) $ 5.50 $ 6.00 $ 6.50 $ 7.00 $ 7.50 Commercial (per month) 6.25 6.75 7.25 7.75 8.25 Industrial (per month) 6.25 6.75 7.25 7.75 8.25 Increase percent 0.007. 9.09% 8.33% 7.69% 7.14% Refuse Rates Residential (per cart) $ 16.95 $ 17.20 $ 17.45 $ 17.70 $ 17.95 Increase percent 0.00% 1.47% 1.45% 1.43% 1.41% Multi- family (per cart) 16.95 $ 17.20 $ 17.45 $ 17.70 $ 17.95 Yardwaste (per cart) 14.95 $ 15.20 $ 15.451 $ 15.70 $ 15.95 Commercial (per cart) 18.95 19.20 19.45 19.70 19.95 Inside City Residential total $ 113.39 $ 116.92 $ 120.57 $ 124.30 $ 128.11 Increase percent 1.4% 3.1% 3.1% 3.1% 3.1% Increase per month $ 1.53 $ 3.53 $ 3.65 $ 3.73 $ 3.81 15 TO: The Honorable Mayor and City Council FROM: Alexa Beemer, AICP Planning Manager SUBJECT: Project Application Community Development Block Grant (CDBG 2023) DATE: March 10, 2023 BACKGROUND: The primary objective of the national Community Development Block Grant (CDBG) Program, is the "development of viable urban communities by providing decent housing and a suitable living environment, particularly for persons of low and moderate incomes." All project proposals submitted for funding through the CDBG Program must document the achievement of at least one (1) of the following national objectives: Provide benefit to low- and moderate - income persons; D Aid in the prevention or elimination of slums or blight; and Meet other community development needs having particular urgency or posing a serious or immediate threat to the health or welfare of a community. ANTICIPATED FUNDING: On February 6, 2023, the Indian Nation Council of Governments (INCOG) provided information regarding the 2023 CDBG application. The completed application is due no later than April 10, 2023. Owasso is a part of an Urban County and as such does not compete for the funding through the State Department of Commerce. According to INCOG, Owasso will receive an estimated allocation of $159,894.62 for the FY 2023 CDBG funding cycle. The grant does not require a local match. HISTORY: In the past, the City of Owasso has utilized CDBG monies for sidewalk, sanitary sewer, street, and park improvements. In 2014, Housing of Urban Development (HUD) changed the income limits that determined if individuals and families qualified as a low to moderate income household. HUD's formula used Census Tracts as the geography to determine if an area qualifies or does not. As a result, Owasso lost most of its qualifying Census Tracts, with the exception of the Baptist Village area. Due to the income limit change, communities were left to conduct door to door surveys to qualify smaller geographic areas within the larger Census tracts. In 2016, staff conducted a door to door survey in the Hale Acres neighborhood near North Garnett Road and East l 16th Street North. The data collected from this survey met the income requirement thresholds and allowed the neighborhood to qualify for CDBG funds. The surveys are only good for 5 -year periods, and therefore in the late winter of 2021, staff performed a second door to door survey in the Hale Acres neighborhood. The survey results again met the income limit thresholds allowing the area to be re- qualified for another 5 -year period. Since 2017, the City has used its CDBG allocation to replace most of the sanitary sewer lines in this neighborhood. With this allocation of funds, staff proposes to install a new 6" PVC water line along North 106th East Avenue and a new 6" PVC water line along North 112th East Avenue. The project begins at the western boundary of the subdivision and ends at North Garnett Road to the east and will improve water pressure and fire flow in this area. CDBG Page 2 of 2 PUBLIC HEARING: Staff consulted with INCOG regarding the requirement of holding a separate Public Hearing and was informed that "since the project is a continuation of the same activity that the City has been doing for several years in the some location, then no separate Public Hearing is required ". PROPOSED FY 2023 PROJECT: In the second half of 2022, the City plans to begin work on replacing the first of many water lines within said neighborhood, along East 112th Street North. With this 2023 allocation of funds, staff proposes to install one thousand three hundred (1,300) linear feet of new 6" PVC water line along North 106th East Avenue and eight hundred (800) linear feet of new 6" PVC water line along North 112th East Avenue. The project will involve the eastern -most and western -most streets within the boundaries of the subdivision. These two new water lines will improve water pressure and fire flow in the area. ATTACHMENT: Map - Owasso CDBG Hale Acres Water Line Replacement Location Water Line Replacement Project 1" = 400 ft Hales Acres FY 2023 -2024 This map may, rzpresenr a visual display of related geographic information. Data provided hereon is not guarantee of acutual field conditions. To be sure of complete accuracy, please contact the responsible staff for most up- to-date information. TO: The Honorable Mayor and City Council FROM: Alexa Beemer,AICP Present Use Planning Manager SUBJECT: Final Plat - Villas at Stonebridge II DATE: March 10, 2023 BACKGROUND: The Community Development Department received an application for review and approval of a final plat for Villas at Stonebridge II. The subject property is located near the southeast corner of the intersection of North 129th East Avenue and East 76th Street North and comprises a total of 4.98 acres. The property was annexed and zoned Residential Multifamily (RM) under Ordinance 1198 in October 2022. It was then placed within a Planned Unit Development (OPUD 22 -02) overlay in December 2022 with Ordinance 1201. SUBJECT PROPERTY /PROJECT DATA: Property Size 4.98 acres +/- Current Zoning Residential Multifamily (RM) Present Use Vacant Proposed Use Townhomes /Multiplexes Lots /Blocks 1 Lot /l Block Land Use Master Plan Transitional Within PUD? Yes; OPUD 22 -02 Within Overlay District? No Water Provider Rogers County Rural Water District # 3 Paybacks (assessed at plaRfng) Storm Siren Fee ($50.00 per acre) ANALYSIS: This is a one (1) lot, one (1) block final plat for a multifamily residential development. Said development will be comprised of a mixture of six and eight -plex townhomes. • The proposed lot as depicted on the plat meets the bulk and area requirements outlined in both the Owasso Zoning Code for RM -zoned properties, as well as within the OPUD 22- 02 document. • The property will have one (1) access point off of East 76th Street North, which will be separated from adjacent driveways an adequate distance in order to meet all applicable separation requirements found within the Owasso Zoning Code. • Perimeter and interior utility easements are provided as required that will allow utility companies adequate access to serve the development. • Right -of -Way along East 76th Street North is dedicated by this plat in order to accommodate future roadway widening. Page 2 Preliminary/Final Plat- Villas at Stonebridge II There is a large detention easement depicted on the plat, located along the southern boundary of the property to handle the stormwater generated from the development. The City of Owasso will provide police, fire, ambulance, and sanitary sewer services to the property. Rogers County Rural Water District #3 will provide water services to the property. • Any development that occurs on the subject property must adhere to all subdivision, zoning, and engineering requirements as well as any requirements applied to the subject property in OPUD 22 -03. SURROUNDING ZONING AND LAND USE: Direction Zoning Use Land Use Plan Jurisdiction North Residential Estate RE Residential Transitional Tulsa Count South Residential Estate RE Residential Residential Tulsa Count East Residential Multifamily RM ) Multiplexes Transitional City of Owasso West Commercial Sho ping (CS) Self-Storage Commercial City of Owasso PLANNING COMMISSION: The Owasso Planning Commission will review this item at their regular meeting on March 13, 2023. ATTACHMENTS: Aerial Map Final Plat — Villas at Stonebridge II Aeriai map N Miles Final Plat- The Villas at Stonebridge H Subject Tract FINAL PLAT of VILLAS AT STONEBRIDGE II TO: The Honorable Mayor and City Council FROM: Alexa Beemer, AICP Proposed Zoning Planning Manager SUBJECT: OPUD 23 -02 /OZ 23 -02 -The Reserves at Owasso DATE: March 10, 2023 BACKGROUND: The Community Development Department received a Planned Unit Development (PUD) application (OPUD 23 -02) for The Reserves at Owasso, a proposed mixed -use development located at the northwestern corner of the intersection of East 106th Street North and North 145th East Avenue. The subject property is approximately 51.66 acres in size, and is currently zoned Residential Multifamily (RM) and Commercial Shopping (CS). A separate rezoning request (OZ 23 -02) has been concurrently filed with this PUD request, requesting that additional CS zoning and the Office (0) zoning designation be added to the property. SUBJECT PROPERTY /PROJECT DATA: Property Size 51.66 acres +/- Current Zoning Residential Multifamily (RM) & Commercial Shopping CS Proposed Zoning Residential Multifamily (RM) & Commercial Shopping CS & Office O Present Use Vacant Land Use Master Plan Commercial Within PUD? No Within Overlay District? Yes; US -169 Overlay District Water Provider Washington County Rural Water District #3 Applicable Paybacks (Assessed at Platting) Elm Creek Sanitary Sewer Relief Area ($1,580.00 per acre) Storm Siren Fee $50.00 per acre CONCEPT OF A PUD: A PUD is a development concept that allows for greater creativity and flexibility than typically allowed under traditional zoning and planning practices. o For example, PUDs often allow developers to place different zonings and land uses in close proximity to each other. o Developers may also have more flexibility in certain aspects of development, such as building setback requirements and building height limitations, which can be more restrictive in standard zoning districts. A PUD should not be considered as a tool to circumvent the City's Zoning Code and Subdivision Regulations. All aspects of the PUD application are subject to public comment, as well as consideration and approval from the Community Development Department, the Owasso Technical Advisory Committee, the Owasso Planning Commission, and the Owasso City Council. PUD applications presented to the Planning Commission and City Council are for approval of the uses and the overall conceptual development plan as it relates to the context of the surrounding area. OPUD 23 -02 /OZ 23 -02 Page 2 GROWASSO 2035 LAND USE MASTER PLAN CONSISTENCY: • The GrOwasso 2035 Land Use Master Plan is a document that acts as a moderately flexible tool for evaluating development proposals. The GrOwasso 2035 Land Use Master Plan identifies the property for future commercial land uses. As such, the proposed mixed -use development is in keeping with the long - range vision for this location, as commercial, office, and multifamily zonings are all considered allowed within a "commercial" designation in the GrOwasso 2035 Land Use Master Plan. ANALYSIS: The subject property was annexed into Owasso City Limits with Ordinance 961 in 2010, and was zoned Residential Multifamily (RM) in 2021 with Ordinance 1188. The conceptual development plan submitted for OPUD 23 -02 states that the applicant intends to construct a true mixed -use development, comprised of six (6) distinct development areas and one (1) common area. o Development Area "A ", adjacent to US -169, is proposed to be a standalone commercial tract. The zoning of this area will remain CS. o Development Area "B ", located off of North 137th East Avenue, is proposed to be general office or commercial, specifically hospitality - related; it is proposed to be rezoned CS under OZ 23 -02. o Development Areas "C" and "D ", located along East 106th Street North, are both proposed to be general office or commercial. These areas are proposed to be rezoned O under OZ 23 -02. o Development Area "E ", located on the northern portion of the property, is proposed to be developed into apartments, with a gross density of 18.8 dwelling units per acre. The zoning of this area will remain RM. o Development.Area "F", located on the interior of the property, is proposed to be developed as a storage facility. This area is proposed to be rezoned CS under OZ 23 -02. • In order to accommodate the proposed use outlined in this PUD proposal, the base zoning must be changed to a designation that allows for additional commercial and office uses. As such, the applicant is requesting that portions of the property be assigned a zoning designation of either CS and O, in addition to keeping portions of the property zoned RM. • The OPUD 23 -02 document lists several anticipated amenity features for the development, including a sports field, basketball court, corn hole / bag toss, open green space, clubhouse, BBQ area, swimming pool, and playground. Additionally, the OPUD 23 -02 document also states that all applicable landscaping and screening requirements from Ch. 10 and Ch. 19 of the Owasso Zoning Code will be met. o This includes minimum 6' privacy fences and adequate buffer yards along the boundaries of the proposed storage use in Development Area "F". A fully detailed landscape plan will be required to be submitted for City staff approval at the time of site plan reviews for each development. All landscaping and screening will be required to meet the requirements identified in the Owasso Zoning Code. OPUD 23 -02 /OZ 23 -02 Page 3 • Nine (9) total points of access are depicted on the OPUD 23 -02 conceptual development plan. The exact location of each access point will be determined at the platting stage. o Development Area "A" will be allowed one (1) access point off of North 137th East Avenue. o Development Areas "C ", "D ", and "E" will be allowed a total of four (4) access points off of East 106th Street North, to be shared amongst the various parcels within the three development areas. o Development Areas "B" and "C" will be allowed a total of two (2) access points off of North 137th East Avenue, to be shared amongst the various parcels within the two development areas. o Development Areas "D" and "F" will be allowed a total of two (2) access points off of North 145th East Avenue, to be shared amongst the various parcels within the two development areas. The City of Owasso will provide police, fire, the subject property. Washington County services to the subject property. ambulance, and sanitary sewer services to Rural Water District #3 will provide water • Pending rezoning of the property, the applicant would need to submit preliminary and final plats, as well as site plans, for all of the property. Any development that occurs on the subject property shall adhere to all subdivision, zoning, and engineering requirements of the City of Owasso. SURROUNDING LAND USE: PLANNING COMMISSION: The Owasso Planning Commission will review this item at their regular meeting on March 13, 2023. ATTACHMENTS: Aerial Maps Zoning Map GrOwasso 2035 Land Use Master Plan Map OPUD 23 -02 Document and Exhibits Zoning Use Land Use Plan Jurisdiction Office (0) / Public Facilities Educational Public & Institutional City of Owasso rDirection (PF) Institution Commercial Shopping (CS) / Commercial / Residential Single Family (RS -3) Religious Institution Commercial City of Owasso / Residential Multifamily RM / Apartments Transitional Residential Neighborhood East Mixed (RNX) / Commercial Vacant Commercial City of Owasso General CG West Agriculture (AG) Highway N/A ODOT PLANNING COMMISSION: The Owasso Planning Commission will review this item at their regular meeting on March 13, 2023. ATTACHMENTS: Aerial Maps Zoning Map GrOwasso 2035 Land Use Master Plan Map OPUD 23 -02 Document and Exhibits Note: Graphic overlays may not precisely align with physical Subject OPUD -23 -02 0 100 200 400 features on the ground. Tract OZ-23-O2 Aerial Photo Date: 202012021 OPUD 23-02/OZ 23-02 GrOwasso 2035 Land Use Master Plan Was OPUD 23-02/OZ 23-02 Land Use Categories Parks/Recreation Public/Institutional Residential Transitional Neighborhood Mixed Redbud District Neighborhood Commercial Commercial Industrial/Regional Employment US-169 Overlay F Subject Tract EXHIBIT CONCEPTUAL SITE PLAN OF THE RESERVES AT OWASSO BASKETSALLCOLRT. OPEN GREEN SPACE' SANDBOX SPINHINNORTS FIELD CORNHOM III E3 CEDAR CREEK ENGINEERING • PUNNING • CONSULTING P.O. Box 14534 Oklahoma City, OR 73113 405 -]]8 -3385 w Cedarcreeklnerom EXHIBIT B DEVELOPMENT AREA PLAN OF THE RESERVES AT OWASSO CEDAR CREEK ENGINEERING • PLANNING • CONSULTII P.O. Box 14534 Oklahoma City. OK 73113 www.cedarcreeklnccom EXHIBIT C EXISTING CONDITIONS PLAN OF THE RESERVES AT OWASSO EDAR REEK ENGINEERING • PLANNING • CONSULTING P.O. Box 14534 Oklahoma City.OK www.aedarcreeklnc.com EXHIBIT D SURROUNDING ZONING & LAND USE PLAN OF THE RESERVES AT OWASSO CEDAR CREEK ENGINEERING • PLANNING • GJN5ULTING P.D. Box 14534 Oklahoma Lit,, OR 73113 405 - ]]&3305 www.cedarcmekincoom LEGEND ICGITIALIAULTIFR.IILY ZFESIOEMIAL MULTI FAMILY PUBLIC FACILITIES CEDAR CREEK ENGINEERING • PLANNING • GJN5ULTING P.D. Box 14534 Oklahoma Lit,, OR 73113 www.cedarcmekincoom EXHIBIT E CONCEPTUAL MULTI - FAMILY BUILDING ELEVATIONS OF THE RESERVES AT OWASSO EDAR REEK ENGINEERING • PLANNING • CONSULTING P.O. Box 14534 Oklahoma City, OK 73113 www.cedarcreekinc.com OPUD -23 -02 The Reserves at Owasso City of Owasso, Tulsa County, Oklahoma Owner / Developer Owasso Land Group, LLC 1821 Phoenix Avenue, Suite A Fort Smith, Arkansas 72902 Counsel / Preparer Hall Estill c/o Stuart E. Van De Wiele 521 East 2nd Street, Suite 1200 Tulsa, Oklahoma 74120 5422804.6:011399.00001 I. DEVELOPMENT CONCEPT 1 II. STATISTICAL SUMMARY 3 III. DEVELOPMENT STANDARDS - DEVELOPMENT AREA "A": 4 IV. DEVELOPMENT STANDARDS - DEVELOPMENT AREA "B": 5 V. DEVELOPMENT STANDARDS - DEVELOPMENT AREA "C": 7 VI. DEVELOPMENT STANDARDS - DEVELOPMENT AREA "D": 8 VII. DEVELOPMENT STANDARDS - DEVELOPMENT AREA "E": 10 VIII. DEVELOPMENT STANDARDS - DEVELOPMENT AREA "F": 12 IX. DEVELOPMENT STANDARDS - COMMON AREA: 14 X. LANDSCAPING AND OPEN SPACE 14 XI. US -169 OVERLAY DISTRICT 14 XII. SIDEWALKS 14 XIII. SIGN STANDARDS 14 XIV. SCHEDULE OF DEVELOPMENT 14 XV. RIGHT OF WAY DEDICATION 15 XVI. ACCESS POINTS 15 5422804.6:011399.00001 Exhibits Exhibit A — Conceptual Site Plan Exhibit B — Development Area Plan Exhibit C — Existing Conditions Plan Exhibit D — Surrounding Zoning and Land Use Plan Exhibit E — Conceptual Multi - Family Building Elevations Exhibit F — Proposed Zoning Plan 5422804.6:0(1399.00001 I. Development Concept The Reserves at Owasso (the "Development ") is a proposed ±50.53 acre mixed use development located on the northwest corner of the intersection of North 145th East Avenue and East 106th Street North (the "Subject Property'). The Subject Property has (a) approximately 340 LF of frontage along North 145th East Avenue and (b) approximately 2,300 LF of frontage along East 106th Street North. The Subject Property is abutted (a) on the north by the Owasso campuses of Tulsa Tech and Tulsa Community College which are zoned O (Office); (b) on the east (adjacent tract) by an undeveloped tract zoned RM (Residential Multi- Family) / OPUD-16-06; (c) on the east (across North 145th East Avenue) by an undeveloped tract zoned CG (Commercial General); (d) on the south (across East 106th Street North) by (i) a gas station and bank zoned CS (Commercial Shopping), (ii) a church zoned RS -3 (Residential Single Family), and (iii) a multifamily facility zoned RM (Residential Multi- Family); and (e) on the west by the US -169 right of way zoned AG (Agriculture). The Subject Property is characterized by fairly flat terrain, with drainage generally flowing from the southwest to the northeast (See Exhibit "E"' — Existing Conditions Plan ). There is no on -site FEMA 100 -year floodplain or USACE jurisdictional wetlands. The size and layout of the Subject Property (as partially constrained by certain easements) and variety of anticipated uses lends itself to the creation of a multi - parcel development which would best be developed under the umbrella of a PUD. The soil types found on the Subject Property site are typical for the area and should pose no unusual developmental problems. The location of the PUD has very favorable accessibility, location and visibility from surrounding roadways. The Development will feature six (6) distinct land uses and development areas including (i) a standalone commercial tract near the US -169 frontage that will likely be developed as a bank, gas station, or automotive repair / service facility, (ii) commercial shopping, general office or medical, and / or hotel tracts along North 137th East Avenue, (iii) two commercial shopping and /or general office or medical tracts along East 106th Street North, (iv) a multi- family tract located to the interior and north side of the Subject Property, and (v) a commercial / office / storage facility tract located on the interior of the Subject Property with access from North 145th East Avenue. The Development will feature also contain one "common area" which shall serve as a green belt and storm water detention / retention areas as well as other "open space" type uses. 5422804.6:011399.00001 Access into the Subject Property will be from North 14th East Avenue, East 106th Street North, or the frontage road that runs parallel to US -169. The access points into the commercial / office tracts are conceptually as shown on Exhibit "A "' — Conceptual Site Plan) and will finalized during the plat approval process. All internal drives will be privately owned and maintained. The plat of the Development East will include internal mutual access easements across and between Development Areas B, C, and D and across the entrance drive on East 106`' Street North in Development Area E. It is anticipated that the Development may be developed in multiple phases, with development commencing as soon as the appropriate approvals have been received. 2 5422804.6:011399.00001 II. Statistical Summary Total Project Area 50.53 1 Total Commercial / Office Areas (Dev Areas A, B, C, D) 17.85 acres Total Multi - Family Residential Area (Dev Area E) 23.5 acres Total Warehouse / Self- Storage Area (Dev Area F) 4.43 acres Total Common Areas 4.75 acres Maximum Commercial Floor Area As Permitted within the CS Zoning District and the US -169 Overlay District Maximum Number of Dwelling Units (Dev Area E) 442 Project Density (Dev Area E) 18.8 DU /Acre (Gross) ' This amount (i) excludes areas which will be dedicated as ROW along North 137" East Avenue but (ii) includes areas which may be subject to dedication along East 1061" Street North. 3 5422804.6:011399.00001 I11. _Development Standards — Development Area "A": Permitted Uses: Uses permitted by right in the CS Zoning District and the US -169 Overlay District, Automotive Repair and Maintenance uses are also allowed by right. Other uses requiring a Specific Use Permit (SUP), in either the CS Zoning District or the US -169 Overlay District, will need to secure an SUP. Max Commercial Floor Area:As permitted within the CS Zoning District and the US -169 Overlay District. Min Lot Size: As permitted within the CS Zoning District and the US -169 Overlay District. Min Lot Frontage: As permitted within the CS Zoning District and the US -169 Overlay District. Min Building Setbacks: From West Property Line: Ten feet (10') From North 137"' East Ave.: Ten feet (10') From East 1060' Street North: Ten feet (10') To the extent that principal structures within the Development Area are constructed utilizing the ten foot (10') setback, parking shall be located to the rear of such structure. Max Building Height: Thirty five feet (35') excluding architectural features Other Bulk & Area Rea.: As permitted within the CS Zoning District and the US -169 Overlay District. Freestanding Signage: As permitted within the CS Zoning District and the US -169 Overlay District; provided, that one (1) freestanding sign shall be allowed along either East 106"' Street North or North 137th East Ave. To the extent any freestanding sign has a monument base, such base shall be made of similar materials as the main structure / building on the lot in compliance with the CS Zoning District and the US -169 Overlay District. The minimum sign setback shall comply with the current Owasso zoning code. Building Signage: As permitted within the CS Zoning District and the US -169 Overlay District. 4 5422804.6:011399.00001 IV. Development Standards — Development Area "B ": Permitted Uses: Uses permitted by right in the CS Zoning District and the US -169 Overlay District. Those uses requiring a Specific Use Permit (SUP), in either the CS Zoning District or the US -169 Overlay District, will need to secure an SUP. Max Commercial Floor Area: As permitted within the CS Zoning District and the US -169 Overlay District. Min Lot Size: As permitted within the CS Zoning District and the US -169 Overlay District. Min Lot Frontage: As permitted within the CS Zoning District and the US -169 Overlay District. Min Building Setbacks: From North 137th East Ave.: Ten feet (10') From North Property Line: Ten feet (10') From Dev Area "E ": Ten feet (10') From Any Interior Lot Line: Ten feet (10') To the extent that principal structures within the Development Area are constructed utilizing the ten foot (10') setback, parking shall be located to the rear of such structure. Max Building Height: Thirty six feet (36') (excluding architectural features) unless a Specific Use Permit is obtained. In the event a Specific Use Permit is obtained, the maximum height shall not exceed Seventy feet (70') (excluding architectural features). Other Bulk & Area Reg.: As permitted within the CS Zoning District and the US -169 Overlay District. Freestanding Signage: As permitted within the CS Zoning District and the US -169 Overlay District; provided, that no less than one (1) freestanding sign shall be allowed per lot. To the extent any freestanding sign has a monument base, such base shall be made of similar materials as the main structure / building on the lot in compliance with the CS Zoning District and the US -169 Overlay District. The minimum sign setback shall comply with the current Owasso zoning code. 5422804.6:011399.00001 Building Signage: As permitted within the CS Zoning District and the US -169 Overlay District. Except as provided herein, all signage shall comply with the Owasso Zoning /Sign Code and the US -169 Overlay District. 5422804.6:011399.00001 V. Development Standards — Development Area "C ": Permitted Uses: Uses permitted by right in the CS and O Zoning Districts and the US -169 Overlay District. Those uses requiring a Specific Use Permit (SUP), in either the CS or O Zoning Districts or the US -169 Overlay District, will need to secure an SUP. Max Commercial Floor Area: As permitted within the CS Zoning District and the US -169 Overlay District. Min Lot Size: As permitted within the CS Zoning District and the US -169 Overlay District. Min Lot Frontage: As permitted within the CS Zoning District and the US -169 Overlay District. Min Building Setbacks: From North 1371h East Ave.: Ten feet (10') From East 106th Street North: Ten feet (10') From Dev Area "E" Access Drive: Ten feet (10') From Any Interior Lot Line: Ten feet (10') To the extent that principal structures within the Development Area are constructed utilizing the ten foot (10') setback, parking shall be located to the rear of such structure. Max Building Height: Thirty five feet (35') excluding architectural features Other Bulk & Area Rea.: As permitted within the CS Zoning District and the US -169 Overlay District. Freestanding Signage: As permitted within the CS Zoning District and the US -169 Overlay District; provided, that no less than one (1) freestanding sign shall be allowed per lot. To the extent any freestanding sign has a monument base, such base shall be made of similar materials as the main structure / building on the lot in compliance with the CS Zoning District and the US -169 Overlay District. The minimum sign setback shall comply with the current Owasso zoning code. Building Signage: As permitted within the CS Zoning District and the US -169 Overlay District. Except as provided herein, all signage shall comply with the Owasso Zoning/Sign Code and the US -169 Overlay District. 5422804.6:011399.00001 VI. Development Standards — Development Area "D ": Permitted Uses: Uses permitted by right in the CS and O Zoning Districts and the US -169 Overlay District. Those uses requiring a Specific Use Permit (SUP), in either the CS or Zoning Districts or the US -169 Overlay District, will need to secure an SUP. Max Commercial Floor Area: As permitted within the CS Zoning District and the US -169 Overlay District. Min Lot Size: As permitted within the CS Zoning District and the US -169 Overlay District. Min Lot Frontage: As permitted within the CS Zoning District and the US -169 Overlay District. Min Building Setbacks: From North 145th East Ave.: Ten feet (10') From East 106th Street North: Ten feet (10') From Dev Area `B" Access Drive: Ten feet (10') From Common Area: Ten feet (10') From Any Interior Lot Line: Ten feet (10') To the extent that principal structures within the Development Area are constructed utilizing the ten foot (10') setback, parking shall be located to the rear of such structure. Max Building Height: Thirty five feet (35') excluding architectural features Other Bulk & Area Rea.: As permitted within the CS Zoning District and the US -169 Overlay District. Freestanding Signage: As permitted within the CS Zoning District and the US -169 Overlay District; provided, that no less than one (1) freestanding sign shall be allowed per lot. To the extent any freestanding sign has a monument base, such base shall be made of similar materials as the main structure / building on the lot in compliance with the CS Zoning District and the US -169 Overlay District. The minimum sign setback shall comply with the current Owasso zoning code. 5422804.6:011399.00001 Building Simage: As permitted within the CS Zoning District and the US -169 Overlay District. Except as provided herein, all signage shall comply with the Owasso Zoning/Sign Code and the US -169 Overlay District. 5422804.6:011399.00001 VII. Development Standards — Development Area "E": Permitted Uses: Uses permitted by right in the RM Zoning District. Those uses requiring a Specific Use Permit (SUP), in either the RM Zoning District or the US -169 Overlay District, will need to secure an SUP. Min Lot Size: One (1) lot of not less than 23.5 acres Max Dwelling Units: 442 Min Livability Space Per DU: Fifteen percent (15 %) of total Development Area shall be open space. The common area (See Section VIII) shall be counted toward the open space calculation for Development Area `B ". Min Lot Frontage: On North 137th East Ave.: Seventy feet (70'). The width of the drive aisle to Development Area "E" will be no less than twenty -four feet (24'). On East 106th Street North: One hundred feet (100'). The width of the drive aisle to Development Area `B" will be no less than twenty -four feet (24'). Min Building Setbacks: From Northern Property Line: Ten feet (10') From Western Property Line: Ten feet (10') From North 137`" East Ave.: Fifty feet (501) From Dev Area `B ": Ten feet (10') From Dev Area "C ": Ten feet (10') From Dev Area "D ": Ten feet (10') From Dev Area "F ": Ten feet (10') From Common Area: Ten feet (10') From OPUD -16 -06 Common Line: Ten feet (10') Max Building Height: Fifty feet (50') excluding architectural features Other Bulk & Area Rea.: As permitted within the RM Zoning District. Freestanding Signage: As permitted within the RM Zoning District and the US -169 Overlay District; provided, that no less than one (1) freestanding sign shall be allowed per lot, not to exceed eight feet (8') in height. 10 5422804.6:011399.00001 To the extent any freestanding sign has a monument base, such base shall be made of similar materials as the main structure / building on the lot in compliance with the CS Zoning District and the US -169 Overlay District. The minimum sign setback shall comply with the current Owasso zoning code. No pole signs shall be allowed. Except as provided herein, all signage shall comply with the Owasso Zoning/Sign Code and the US -169 Overlay District. Building Signage: As permitted within the RM Zoning District and the US -169 Overlay District. Screening: Screening along the exterior of Development Area "E" shall be installed in compliance with and as required by Chapter 19 of the Owasso Zoning Code. This shall include a six foot (6') minimum height fence along the exterior of Development Area "E". However, such screening may also include the Common Area within the Development Area "E" fenceline. Gates: All gates (if any) shall be installed in compliance with and as required by Chapter 21 of the Owasso Zoning Code. Required Amenities: Development Area `B" will be designed and developed to include one (1) or more required amenity from each of the categories of (i) Active Recreation, (ii) Passive Recreation, (iii) Public Gathering Areas, and (iv) Family Recreational Areas in compliance with Section 9.2.12 of the Owasso Zoning Code. Such amenities may be located on the "Common Area" described in Section IX below. Such amenities are currently anticipated to include sports field, basketball court, corn hole / bag toss, open green space, clubhouse, BBQ area, swimming pool, and playground. 11 5422804.6:011399.00001 VIII. Development Standards — Development Area "F ": Permitted Uses: (i) Uses permitted by right in the CS Zoning District and the US -169 Overlay District, (ii) Warehousing and Self - Storage, and (iii) General Office. Those uses requiring a Specific Use Permit (SUP), in either the CS Zoning District or the US -169 Overlay District, will need to secure an SUP. Warehousing / Self - Storage use is allowed as a secondary or complimentary use to the balance of the development. However, if Development Area "F" is platted as a separate plat, a retail or office component will be required within Development Area "F" if the use is Warehousing / Self - Storage. Max Commercial Floor Area: As permitted within the CS Zoning District and the US -169 Overlay District. Min Lot Size: As permitted within the CS Zoning District and the US -169 Overlay District. Min Lot Frontaee: On North 145`1i East Ave.: Fifty feet (50'). The width of the drive aisle Min Building Setbacks: From North 145`x' East Ave. From Dev Area "C ": From Dev Area "D ": From Dev Area "E ": From Common Area: to Development Area "F" will be no less than twenty -four feet (24'). Fifty feet (50') Ten feet (10') Ten feet (10') Ten feet (10') Ten feet (10') From OPUD -16 -06 Common Line: Ten feet (10') Max Building Height: Twenty feet (20') for any Warehousing and Self- Storage uses. Fifty feet (50') for all other uses, excluding architectural features. Other Bulk & Area Reg.: As permitted within the CS Zoning District and the US -169 Overlay District. Freestanding Signage: As permitted within the CS Zoning District and the US -169 Overlay District; provided, that (i) no less than one (1) freestanding sign shall be allowed along North 145`" East Ave., and (ii) no less than sixty five square feet (65 sq. ft.) of 12 5422804.6:011399.00001 display area shall be allowed on each side of such freestanding sign. As permitted within the CS Zoning District and the US -169 Overlay District; provided, that no less than one (1) freestanding sign shall be allowed along North 137th East Ave. which shall be allowed no less than twenty four square feet (24 sq. ft.) of display area on each side of such freestanding sign. To the extent any freestanding sign has a monument base, such base shall be made of similar materials as the main structure / building on the lot in compliance with the CS Zoning District and the US -169 Overlay District. The minimum sign setback shall comply with the current Owasso zoning code. Except as provided herein, all signage shall comply with the Owasso Zoning/Sign Code and the US -169 Overlay District. Building Signage: As permitted within the CS Zoning District and the US -169 Overlay District. Access Point: The sole point of access to and from Development Area "F" shall be on 145' East Avenue. Other Standards: Any overhead doors utilized in connection with any Warehousing and Self- Storage uses shall face the interior of the Development Area. Any fencing or screening utilized in connection with any Warehousing and Self- Storage uses shall be in accordance with the Zoning Code. 13 5422804.6:011399.00001 IX. Development Standards — Common Area: Permitted Uses: Storm water detention and retention facilities, green belt areas, walking trails, dog parks, and open space. Min Lot Frontage: Zero feet (0') Other Bulk & Area Rea.: As permitted within the CS Zoning District and the US -169 Overlay District. Si na e: None. Maintenance: The owner of Development Area "E" shall be responsible for the maintenance and upkeep of the Common Area. X. Landscapine and Open Space Except as modified herein, landscaping shall be provided in accordance with "Chapter 19 — Landscaping, Screening and Fencing Requirements" and "Chapter 10 — Overlay Districts, US -169 Overlay District" of the City of Owasso Zoning Ordinance. Prior to final permitting approval for a particular lot, the owner shall submit a landscape plan along with its proposed site plan for review and approval by the City of Owasso in accordance with "Chapter 19 — Landscaping, Screening and Fencing Requirements" and "Chapter 10 — Overlay Districts, US -169 Overlay District" of the City of Owasso Zoning Ordinance. XI. US -169 Overlay District The PUD site is located in the US -169 Overlay District and shall meet all requirements of "Chapter 10 — Overlay Districts, US -169 Overlay District" of the City of Owasso Zoning Ordinance. XII. Sidewalks All sidewalks will meet the City of Owasso Zoning Ordinance and Subdivision Regulations. XIII. Sian Standards Unless otherwise noted, signs shall be installed in accordance with "Section 10.614 Signage" of the Owasso Zoning Ordinance and the US -169 Overlay District. For any signage other than as identified herein or allowed by Chapters 10 and 18 of the Owasso Zoning Code, a Unified Sign Plan shall be required for any such additional / larger signs without need of amendment to OPUD- 23 -02. XIV. Schedule of Development The initial development of The Reserves at Owasso is expected to commence after final approval of the PUD, the platting of the property, and site plan approval. 14 5422804.6:011399.00001 XV. Right of Way Dedication It is anticipated that additional right -of -way may need to be dedicated along public ways. Such dedication shall be accomplished by way of the plat of the development. XVI. Access Points All access points within the development shall be shown on and approved as part of the plat process and must conform to Owasso Zoning Code and City of Owasso engineering criteria. In furtherance thereof: Development Area "A" shall be limited to one (1) access point on North 137`h East Avenue. Development Area `B ", Development Area "C ", and Development Area "E" shall be together allocated a total of two (2) access points on North 137' East Avenue. Development Area "C ", Development Area "D ", and Development Area `B" shall be together allocated a total of four (4) access points on East 106`h Street North. Development Area "D" shall be allocated one (1) access point on North 145 °i East Avenue. Development Area "F" shall be limited to one (1) access point on North 145"' East Avenue. 15 5422804.6:011399.0000 1 TO: FROM: SUBJECT: DATE: The Honorable Mayor and City Council Wendy Kramer, City Planner OPUD 23 -03 -The Vintage at Redbud March 10, 2023 BACKGROUND: The Community Development Department application (OPUD 23-03) for The Vintage at located near the southwestern corner of West property is approximately 0.48 acres in size, a and is within the Downtown Overlay District. SUBJECT PROPERTY /PROJECT DATA: received a Planned Unit Development (PUD) Redbud, a proposed multifamily development 2nd Street and North Atlanta Street. The subject nd is currently zoned Residential Multifamily (RM) Property Size 0.48 acres +/- Current Zoning Residential Multifamily RM Present Use Vacant /Residential Land Use Master Plan Redbud District Within PUD? No Within Overlay District? Yes; Downtown Overlay Water Provider City of Owasso Appilcable Paybacks Assessed at Platting) Storm Siren Fee ($50.00 per acre) CONCEPT OF A PUD: • A PUD is a development concept that allows for greater creativity and flexibility than typically allowed under traditional zoning and planning practices. o For example, PUDs often allow developers to place different zonings and land uses in close proximity to each other. o Developers may also have more flexibility in certain aspects of development, such as building setback requirements and building height limitations, which can be more restrictive in standard zoning districts. A PUD should not be considered as a tool to circumvent the City's Zoning Code and Subdivision Regulations. All aspects of the PUD application are subject to public comment as well as consideration and approval from the Community Development Department, the Owasso Technical Advisory Committee, the Owasso Planning Commission, and the Owasso City Council. PUD applications presented to the Planning Commission and City Council are for approval of the uses and the overall conceptual development plan as it relates to the context of the surrounding area. GROWASSO 2035 LAND USE MASTER PLAN CONSISTENCY: • The GrOwasso 2035 Land Use Master Plan is a document that acts as a moderately flexible tool for evaluating development proposals. The GrOwasso 2035 Land District which represents including multifamily uses, called out for this location. ANALYSIS: OPUD 23 -03 Page 2 Use Master Plan identifies the property as within the Redbud an area targeted for future higher density housing uses, so the proposed development is in keeping with the uses • The conceptual development plan submitted for OPUD 23 -03 states that the applicant intends to construct seven (7) duplex apartment buildings, for a total of fourteen (14) dwelling units. However, the OPUD 23 -03 document proposes a maximum of sixteen (16) dwelling units, offering a small amount of flexibility in the final design and density of the property. Per Section 10.12.17 of the Owasso Zoning Code, a PUD overlay is required for all multifamily developments in excess of six (6) dwelling units within the Downtown Overlay District. The conceptual development plan limits the proposed development to one (1) curb cut off of East 2nd Street. The applicant is considering rear access and additional street parking. o All portions of the subject property are currently platted, but will be required to be replotted to reflect this new multifamily use. The exact location of said access point will be determined at the replatting phase. • A screening fence will be required to be located adjacent to any single - family uses, in order to adequately screen the subject property from said residential uses. • The conceptual site layout shows street parking along East 2nd Street as well as an internal parking lot. • A fully detailed landscape plan will be required to be submitted for City staff approval at the time of site plan review for the development. All landscaping and off - street parking will be required to meet the requirements identified in the Owasso Zoning Code. • The City of Owasso will provide police, fire, ambulance, water and sanitary sewer services to the subject property. • Pending rezoning of the property, the applicant will need to submit both a replat and site plans for the development on the property. • Any development that occurs on the subject property shall adhere to all subdivision, zoning, and engineering requirements of the City of Owasso. SURROUNDING LAND USE: Direction - Zoning Use Land Use Plan Jurisdiction North Residential Single- Family RS -3 Multifamily Redbud District City of Owasso South Residential Multifamily Multiplex/ Redbud District City of Owasso (RM) Vacant East Residential Multifamily Multiplexes Redbud District City of Owasso West Residential Multifamily Place of Redbud District City of Owasso (RM) Worship OPUD 23 -03 Page 3 PLANNING COMMISSION: The Owasso Planning Commission will consider this item at their regular meeting on March 13, 2023. ATTACHMENTS: Aerial Map Zoning Map GrOwasso 2035 Land Use Master Plan Map OPUD 23 -03 Document OPUD 23-03 Miles OPUD 23 -03 N The Vintage at Redbud PLANNED UNIT DEVELOPMENT City of Owasso, Oklahoma A planned unit development consisting of designated Residential areas in the City of Owasso, Tulsa County, Oklahoma. Planned Unit Development #232303 Location: The property located in the N/2 of the SW /4 of Section 30, Township 21 North, Range 14 East, Tulsa County, Owasso, Oklahoma. Specially, the property is located on the east side of Main Street on the south side of 2nd Street. Date Prepared: January 31, 2023 Owner Tyner House Tony Tyner 10951 E 176th St N Collinsville, OK 74021 P: (918) 637 -3408 E: ttynerl (M yahoo. corn Engineer Gridline Engineering David Henke, PE, CFM 29204 E 7011 St. S Broken Arrow, Oklahoma P:(314)435 -6302 E: davidCOgridlineenaineerina.com Surveyor Precision Surveying Services Colt Larimore 9666 E Sycamore St. Claremore, OK 74017 P: (918) 269 -7815 TABLE OF CONTENTS Development Concept 2 Statistical Summary 2 Development Areas 2 Development Standards 3 Landscaping 9 Property Owner's Association 10 Signage 10 Appendix Maps: Existing Conditions Plan 12 Hydrology Analysis Plan 13 Soil Analysis 14 Zoning Map 15 Legal Descriptions 16 Conceptual Site Layout 17 Conceptual Landscape Plan 18 Survey 19 The Vintage at Redbud — Planned Unit Development Page I 1 Owasso, Oklahoma DEVELOPMENT CONCEPT The Vintage at Redbud is a proposed Planned Unit Development (PUD) consisting of 0.48 acres in Owasso, Oklahoma. The property is located 250 feet west of intersection of W. 2 "d Street and N. Atlanta St. The site is generally characterized by relatively flat terrain sloping north to south. There is currently no floodplain located onsite according to the FEMA Floodplain Maps. The site will be control with localized drainage structures to control the storm water onsite in the post developed conditions. Soil types found on -site are typical for the area and create no unusual development problems that are not commonly encountered in most other area developments. Overall, this site has excellent development possibilities due to its gentle terrain. The Vintage at Redbud will feature Duplex Apartments Buildings within the lotted area. These apartment buildings will be spaced throughout the site appropriately, maximizing green space and parking. The development is consistent with the surrounding properties, with apartment buildings in the north, east, and south adjoining properties. This PUD will help the subject property be feasible for this development allowing for densities but protectingthe neighborhood feel within the area. STATISICAL SUMMARY Total Planned Unit Development Area: ±0.48 gross acres DEVELOPMENT AREAS Residential Multi - Family (RM) The RM (Residential Multi - Family) district is designed to permit the development and preservation of multi - family dwelling types, such as apartments, garden apartments, and townhouses, in suitable environments in a variety of densities to offer alternative housing types for individuals and families. Total Area: Maximum Number of Units: The Vintage at Redbud — Planned Unit Development Owasso, Oklahoma ± 0.48 gross acres 16 Units Page 12 DEVELOPMENT STANDARDS Residential Multi - Family (RM): Permitted Uses: o All uses allowed by right in the RM Zoning District Minimum Internal Landscape Open Space Minimum Building Setbacks Parking Ratio Building Height Screening and Buffering 15% of net area Zero Lot Line 1.4 Spaces per Unit <35 -ft o Areas abutting developments outside of this PUD that are zoned Residential will require some type of screening barrier between the properties. Berms in combination with vegetation are encouraged, but fencing is allowed to achieve the desired result. Fences shall consist of a wood, concrete, decorate metal, and /or masonry materials to match the building's architectural look. Chain link fencing of any kind is not allowed. o Screening for Building Systems Areas Must consist of a wood, concrete, decorate metal, and /or masonry materials to match the building's architectural look o Fence screening is not required or recommended with in the inner boundaries of this PUD area. o A Privacy Fence will be required adjacent to all single - family uses. The Vintage at Redbud — Planned Unit Development Page 13 Owasso, Oklahoma Architectural: Design shall evoke a modern architectural and landscape expression while providing users with a variety of activities and opportunities. The geometry, composition, and final articulation is to be based on a simple elegance of architectural details and style, but with the utilization of a limited number of textures and material palettes. The overall goal is to balance the use of buildings, paths, and parking areas with natural landscaping and water features in an ecological and natural systems sensitivity while providing users with an environment that provides the best design principles of simplicity, balance, unity, scale, variety, and convenience. LANDSCAPE REQUIREMENTS The Landscaping concept is intended to achieve unity throughout the PUD as well as provide an attractive view of the project from surrounding streets and neighborhoods. To achieve continuity throughout the PUD, reference Chapter 10and 19 of the Cityof Owasso Zoning Code. Prior to the issuance of an occupancy permit for a development area, plant materials and any required screening fences shall be installed in conformity with a detailed landscape plan which will have been submitted to and approved by the City of Owasso. The Vintage at Redbud — Planned Unit Development Page 14 Owasso, Oklahoma SIGNAGE The Development proposes one 6 -foot monument sign shall be allowed internally in the development and its location and placement will be determined at the time of platting and site plan review. Except as noted herein, all signs shall conform to the current Owasso Sign Ordinance of the Owasso Zoning Code (Chapter 18). Signage must be back lit or have lights pointing directly at the sign. No video signage will be allowed. All signage must be set in a landscape base PLATTING REQUIREMENTS No Building permit shall be issued until the property has been included within a subdivision plat submitted to and approved by the Owasso Planning Commission and the Owasso City Council and duty filed of record, provided, however, that development areas may be platted separately. Restrictive covenants shall be established implementing of record the Development Concept and Development Standards, and the City of Owasso shall be made a beneficiary thereof. Currently, the 3 existing lots shown in this proposed site are Platted in two separate Subdivision Plats. This will require these lots to be Replatted. The Vintage at Redbud — Planned Unit Development Page 1 5 Owasso, Oklahoma APPENDIX INDEX: APPENDIX A APPENDIX B APPENDIX C APPENDIX D APPENDIX E APPENDIX F APPENDIX G APPENDIX H EXISTING CONDITIONS HYDROLOGY ANALYSIS SOIL ANALYSIS (PROVIDED BY USGS SOIL SURVEY) ZONING MAP LEGAL DESCRIPTIONS CONCEPTUAL SITE LAYOUT CONCEPTUAL LANDSCAPE PLAN SURVEY The Vintage at Redbud — Planned Unit Development Page 16 Owasso, Oklahoma APPENDIX A - EXISTING CONDITIONS The Vintage at Redbud — Planned Unit Development Page 17 Owasso, Oklahoma APPENDIX B - HYDROLOGY ANALYSIS The Vintage at Redbud — Planned Unit Development Page 18 Owasso, Oklahoma APPENDIX C - SOIL ANALYSIS The Vintage at Redbud — Planned Unit Development Page 19 Owasso, Oklahoma APPENDIX C - SOIL ANALYSIS The Vintage at Redbud — Planned Unit Development Page 19 Owasso, Oklahoma APPENDIX D -ZONING MAP The Vintage at Redbud — Planned Unit Development Page 1 10 Owasso, Oklahoma APPENDIX E - LEGAL DESCRIPTIONS RM ZONING AREA — LEGAL DESCRIPTION The West 50 Feet of Lot Two (2), Block Twelve (12), Original Town of Owasso, Tulsa County, State of Oklahoma, According to the Recorded Plat Thereof. And The East Fifty-five and One Half (55 %) feet of Lot Two (2), Block Twelve (12), Original Town of Owasso, Tulsa County, State of Oklahoma, According to the Recorded Plat Thereof. And Lot One (1), Block Ten (10), Greenlees Addition, Tulsa County, State of Oklahoma According to the Recorded Plat Thereof. The Vintage at Redbud — Planned Unit Development Page 1 11 Owasso, Oklahoma APPENDIX F - CONCEPTUAL SITE LAYOUT The Vintage at Redhud — Planned Unit Development Page 1 12 Owasso, Oklahoma APPENDIX G - CONCEPTUAL LANDSCAPE PLAN The Vintage at Redbud — Planned Unit Development Page 113 Owasso, Oklahoma APPENDIX H - SURVEY The Vintage at Redhud — Planned Unit Development Page 1 14 Owasso, Oklahoma PLAT Of SURVEY OF LOT 2 IN BLOCK 12 TOWN OF OWASSO TULSA COUNTY, OKLAHOMA 0 10 20 40 FOUND 3/8 -IF W/ CAP STAMPED PLS 1289 LEGAL DESCRIPTION THE WEST SO FEET OF LOT TWO (2), BLOCK TWELVE (12). TOWN OF OWASSO, TULSA COUNTY, STATE OF OKLAHOMA, ACCORDING TO THE RECORDED PLAT THEREOF. AND THE EAST FIFTY -FIVE AND ONE HALF (55 1/2) FEET OF LOT TWO (2). BLOCK TWELVE (12), TOWN OF OWASSO. TULSA COUNTY. STATE DF OKLAHOMA, ACCORDING TO THE RECORDRO PLAT THEREOF. SURVEYOR'S STATEMENT I, JAMES COLT LARIMORE. A REGISTERED PROFESSIONAL SURVEYOR IN THE STATE OF OKLAHOMA HEREBY CERTFY THAT THE ABOVE PUT REPRESENTS A BOUNDARY SURVEY. THE ABOVE PLAT REFLECTS ALL INSTRUMENTS THAT HAVE BEEN DISCLOSED AND FURNISHED AT THE THE OF SURVEY. NO OPINION IS VERSED AS TO THE OWNERSHIP OF FENCES OR ANY OTHER C5,CNo.19N APPURTENANCES ON SAID PROPERTY. THIS PUT OF SURVEY MEETS THE MINIMUM TECHNICAL STANDARDS AS ADOPTED BY THE STATE BOARD OF REOSTRATON FOR PROFESSIONAL ENGINEERS AND LAND SURVEYORS. NOTES 1. THIS LEGAL DESCRIPTON WAS PROMDED BY CLIENT AND BY: /� PREMOIISLY FILED IN THE RECORDS OF THE TULSA COUNTY CLERK. JAMES COLT URIMORE. RLS 81989 2. THIS FIRM WAS NOT CONTRACTED TO RESEARCH EASEMENTS OR DECEMBER 19 2022 ENCUMBRANCES OF RECORD. NO ATTEMPT TO RESEARCH THE DATE OF CERTIFICATON COUNTY RECORDS OR OTHER RECORD OFFICES WAS PERFORMED BY THIS FIRM. THEREFORE EASEMENTS MAY AFFECT THE SCALE: SUBJECT TRACT THAT ARE NOT REFLECTED BY THIS PLAT. 3. ALL UNDERGROUND UTUTES MAY NOT BE SHOWN. SURVEY BY: JCL 4. THE BEARING BASE FOR THIS SURVEY IS THE OKUHOMA STATE sw c srcaawrrz "A REMSION: PLANE COORDINATE SYSTEM, NORTH ZONE TO: The Honorable Chair and Trustees Owasso Public Works Authority (OPWA) FROM: Chris Garrett, Assistant City Manager SUBJECT: Owasso Redbud District and Increment District No. 1 Development and Financing Agreement DATE: March 10, 2023 BACKGROUND: In December 2016, the OPWA created the Tax Increment Financing (TIF) District in the downtown Owasso Redbud District area. On April 4, 2017, the OPWA adopted a Policy Guide for the processing of TIF Assistance in Development Financing applications. The Policy Guide includes the process for application and approval of Development Project Assistance. A developer seeking assistance submits an application to the Application Review Committee. The Committee reviews the application for compatibility with the Project Plan and the Downtown Overlay District Plan, evaluates the qualifications of the applicant, and recommends appropriate performance parameters and requirements. Upon recommendation by the Committee, the development agreement is presented to the OPWA for consideration and approval. An application has been received from SAHO Properties, LLC, for development assistance on the project known as the SAHO Animal Hospital Wellness Center and Pet Resort located at 401 West 2nd Avenue. The project appears to meet the criteria set forth in the adopted TIF Project Plan and also to meet the requirements set forth in the adopted Owasso Redbud District and Increment District No. 1 Policy Guide. As established by the Project Plan and Policy Guide, the applicant would be eligible to receive reimbursement of 12 %, of actual hard construction costs, if the project is completed and issued the required Certificate of Occupancy, by June 30, 2023. The application anticipates construction costs of $2,552,471.88. The contract further outlines obligations of the City and the developer as required in approved TIF documents. On February 6, 2023, the Review Committee met and voted unanimously to recommend approval to the OPWA, finding that the project is eligible to receive TIF assistance. FUTURE ACTION: Staff intends to present the application for consideration at the March 21, 2023, OPWA meeting. ATTACHMENTS: Development and Financing Agreement with SAHO Properties, LLC TIF Boundary MAP DEVELOPMENT AND FINANCING AGREEMENT BY AND BETWEEN THE OWASSO PUBLIC WORKS AUTHORITY AND SAHO Properties, LLC March , 2023 DEVELOPMENT AND FINANCING AGREEMENT BY AND BETWEEN THE OWASSO PUBLIC WORKS AUTHORITY AND SAHO Properties, LLC THIS DEVELOPMENT AND FINANCING AGREEMENT ( "Agreement") is made on or as of this _ day of , 2023, by and between the Owasso Public Works Authority, an Oklahoma public trust ( "Authority "), and SAHO Properties, LLC ( "Developer "). WITNESSETH: WHEREAS, the Authority was created by a Trust Indenture, dated as of the 10th day of January, 1973, as a public trust for the use and benefit of the City of Owasso, Oklahoma ( "City "), pursuant to the provisions of 60 O.S. §176, et seq., as amended; and supplemented, and other applicable statues of the State of Oklahoma; and WHEREAS, the City, acting through its City the beneficial interest of the Authority on behalf of tl WHEREAS, the purposes of the Authority are without the territorial limits of the City and to help benefit and strengthen the economy of the City and ti WHEREAS, in order to a to provide funds for the costs remodeling, improving, extend disposing of or otherwise dealing a resolution accepting ; and to promote development within and facilities and activities which will tf Oklahoma; and [`purposes, the Authority is empowered sting, installing, equipping, repairing, ining, operating, administering, and and facilities; and WHEREAS, the City has, approved the Owasso Redbud District Project Plan ( "Project Plan ") by Ordinance 1:093, dated December 20, 2016, creating Increment District No. 1, the City of Owasso an ad valorem and sates tax increment district ( "Increment District "), pursuant to the Oklahoma Local Development Act; 62 O.S. §850, et seq.; and WHEREAS, the Project Plan envisions the development of the area surrounding Main Street, known as the Redbud District, into a unique place to live, work, shop, and play; and WHEREAS, the Project Plan authorizes the Authority to carry out implementation actions in accordance with development agreements and financing approvals; and WHEREAS, the Developer, consistent with the Project Plan, proposes to remodel an existing office building to house a Veterinary Wellness Center and Pet Resort; add on a new central entryway and approximately 5000 sq /ft building directly to the north of the existing building for dog kennels /runs; an extensive, partially covered, fenced outdoor area to the north of new building for dogs to go outside; and the existing parking on north end of property will be used for staff parking.( "Project "); and WHEREAS, the Developer owns real property, described and depicted on Exhibit 1, attached hereto ( "Project Site "), which lies within the Project Area and Increment District, as defined in the Project Plan, and proposes to construct and develop the Project on the Project Site; and WHEREAS, the development objectives of the City and the Authority for the enhancement of the Redbud District will be advanced by the Project; and WHEREAS, the parties wish to set forth the manner in which the Project is to be undertaken and implemented; and WHEREAS, the parties deem it appropriate to approve and execute this Agreement, which provides for the implementation of the Project consistent with the Project Plan, and the Authority determines that approval is in the best interests of the City, and the health, safety, and welfare of the City and its residents. IN CONSIDERATION of the mutual covenants and agreements contained herein, the Authority and the Developer hereby agree as follows: - SUBJECT SECTION 1.01 A. The Developer hereby agrees, subject to the terms and conditions hereinafter provided, to cause the design construction, and completion, in the time period hereinafter described, of the Project on the Project Site substantially in accordance with plans to be approved consistent with this Aereementt and B. The Authority hereby agrees, subject to the terms and conditions hereinafter provided, to provide to the Developer up to 12% of hard construction costs, limited to 90% of the ad valorem increment revenues apportioned and actually received by the Authority under the Project Plan that are generated by the Project, as provided under Section 4.02, for the development of the Project in the manner provided in this Agreement, to be utilized exclusively for the payment of Project Costs as hereinafter described. SECTION 1.01 Scope of Development. The Project represents private investment of at least $2,552,471.88. The Project is a facility for pet wellness, boarding, daycare, and grooming in the southern portion of the Redbud District. The Project will be a second location for SAHO in Owasso and is strategically positioned on the way to the Tulsa International Airport for most of existing clientele to drop pets off for boarding /daycare, and may stimulate additional private development in that area, providing a public benefit to the City. SECTION 1.02 Relationship of the Parties. The implementation of this Agreement is a complex process which will require the mutual agreement of the parties and their timely actions on matters appropriate or necessary to implementation. The parties further agree to consider and enter into such amendments as are reasonably necessary and appropriate to clarify, refine, or reinforce the commitments made herein or to adjust or modify them in light of changes in market conditions. The parties hereto shall use their best efforts in good faith to perform and to assist others in performing their respective obligations in accordance with this Agreement. This Agreement specifically does not create any partnership or joint venture between the parties hereto, or render any party liable for any of the debts or obligations of any other party. ARTICLE II AUTHORITY OBLIGATIONS SECTION 2.01 Proiect Plan. The Authority shall support the Project in accordance with the Project Plan and this Agreement. SECTION 2.02 Certificate of Completion. Within completed the construction of the Project, the Authority shall of Completion, certifying that the Developer has met its cons contained in this Agreement. SECTION 2.03 Public Assistance. As authorize terms, conditions, and limitations contained herein, thi development financing to the Developer in an amount up assistance is to support construction of the Project: after the Developer has to the Developer a Certificate and development obligations the Project Plan and subject to the hority shall provide assistance in % of hard construction costs. Such SECTION 3.01 De§iRri Documents. The Developer shall provide to the City the Development Plans and Specificatio ns for 'the Project no later than the time for submission of such plans for building permits. The Community Development Department shall review the plans to confirm that the project meets the City's development objectives as reflected in this Agreement and complies with the Project:'description. SECTION 3.02 Development Obligations. Developer shall cause the Project to be constructed on the Project Site, at no expense to the City or the Authority. The Project must be constructed in accordance with the Development Plans and Specifications approved by the City. The Developer shall secure or cause the appropriate parties to secure all governmental approvals in connection with (a) the construction, completion, and occupancy of the Project; and (b) the development and operation of the Project, including, without limitation, zoning, building code, and environmental laws. The Project shall include the following: A. Remodel existing office building to house wellness center; B. Add on new central entryway and approximately 5000 sq /ft building directly north of existing building for dog kennels /runs; C. Develop extensive, partially covered, fenced outdoor area to north of new building for dogs to go outside; and D. Existing parking to on the north end of property will be used by staff. SECTION 3.03 Design Documents. Consistent with Section 5.02 of this Agreement, the Developer shall provide to the City Development Plans and Specifications for the Project. Such Development Plans and Specifications shall be simultaneously submitted to the Community Development Department for review and comment. ARTICLE IV ASSISTANCE IN DEVELOPMENT FINANCING SECTION 4.01 Generally. The Project Plan authorizes Project Costs, including assistance in development financing. Such assistance is to support the Project, including the construction of public improvements benefitting the Project. SECTION 4.02 Payment Obligations. Bq following completion of the Project, as indicated Authority shall provide the Developer assistance annual payments to the Developer of 90% of c revenues generated by the Project, net of adini Project Plan. Such payment obligation shall be revenues collected from the Increment District. Developer's payment of taxes ohilie Project Si Project Site. Such payment obfgatioir shall. ttt payments of assistance in development financing the following events: (A)of hard cgnstrucl the Increment District ends and all apportioned ii inning on the first dayof the third quarter of year )y issuance of the Certificate of Completion, the in development financing in the form of direct dlectedand apportioned ad valorem increment istrative, costs and expenses authorized by the )ayable`solely from apportioned tax increment ach payment obligation is conditioned upon the a and upon an increase in taxable value of the exceed 12% of hard construction costs. The ;hall continue until the occurrence of the first of Dn cost is paid, (B) December 31, 2039, or (C) -rement has been expended. SECTION 4.03 Additional Conditions and Terms of Assistance in Development Financing. Notwithstanding anything to the contrary contained herein, under no circumstances shall the Developer be entitled to any payments of assistance in development financing if the Project has not been completed or if the Developer is in default under this Agreement. All payments are subject to availability of increment. SECTION 4.04 Limitations on Assistance in Development Financing Obligations. Notwithstanding anything to the contrary contained herein, in no event shall the total amount of assistance in development financing provided to the Developer under this Agreement exceed 12% of hard construction costs. SECTION 4.05 Transfers. Should the Developer desire to transfer any interests in this Agreement or the Project Site to another development entity which is necessary for financing or development purposes, and the Authority states its general willingness to consider and approve appropriate transfers required for financing purposes pursuant to a request and documentation by the Developer. ARTICLE V CONSTRUCTION OF PROJECT SECTION 5.01 Scope of Project. The Project Site shall be developed within the general requirements established by the zoning and building codes applicable to the Project Site by the Code of the City ( "Code ") and related laws governing municipal planning and zoning. The Developer shall be responsible for the construction, renovation, improvement, equipping, repair and installation of all public and private improvements associated with the Project as described in, and in conformance with approved schematic drawings, design documents, constructions documents, and related plans and documents ( "Development Plans and Specifications "). SECTION 5.02 Development Plans and Specifications. Upon the execution of this Agreement, the Developer shall prepare and submit Development; Plans and Specifications for the Project to the City for its review pursuant to the Code. Thereafter, if the Developer desires to make any substantial or significant changes in the Development Plans and Specifications, the Developer shall submit the proposed changes to the City for its approval. The Developer and its approved assignees shall communicate and consult as frequently with the City and the Community Development Department as is necessary to ensure that any modifications to the Development Plans and Specifications can receive prompt and speedy, consideration by the City. SECTION 5.03 Construction of Project. The Developer agrees that all construction, renovation, improvement, equipping, repair and installation work on the Project shall be done substantially in accordance with the Development'Plans and Specifications as approved by the City, or as amended with the approval of the City:' SECTION 5.04 City and Other; C,overnrnental Permits. The Developer shall, at its own expense, secure or cause to be secured any and all permits and approvals which may be required by the City and any other governmental agency having jurisdiction as to such construction, development or work in, connection, with any buildings, structures or other improvements at the Project Site. The Authority shall cooperate with and provide all usual assistance to the Developer in securing these permits, and approvals, and shall diligently process, review and consider all such permits and approvals as may, b6- required by law. SECTION 5.05 Construction Schedule. Not later than June 30, 2023, the Developer shall have completed construction of the Project. If it appears the Project cannot be commenced or completed by such date, the Developer shall promptly report to the Authority that the Project will not be completed within the time provided for herein and shall provide an updated schedule regarding the time required for the commencement and completion of the Project. All revisions to the original construction schedule shall be subject to approval by the Authority, which approval shall not be unreasonably withheld. SECTION 5.06 Rights of Access. For the purpose of ensuring compliance with this Agreement, representatives of the Authority shall have the right of access to the Project Site, without charges or fees, at normal construction hours during the period of construction for the purposes of this Agreement, including, but not limited to, the inspection of the work being performed in constructing, renovating, improving, equipping, repairing and installing the Project, so long as they comply with applicable safety rules and do not unreasonably interfere with the activities of the Developer. Except in the case of an emergency, prior to any such access, such representatives of the Authority will check in with the on -site manager. All such representatives of the Authority shall carry proper identification, shall ensure their own safety, assuming the risk of injury, and shall not interfere with the construction activity. The Authority agrees to cooperate with the Developer in facilitating access by the Developer to the Project Site for construction purposes, provided that the Authority shall incur no financial obligations therefor. SECTION 5.07 Indemnification. The Developer shall defend, indemnify, assume all responsibility for, and hold the Authority and the City and their respective elected and appointed officers and employees and agents, harmless from, all costs (including attorney's fees and costs); claims, demands, liabilities or judgments (except whose which have arisen from the willful misconduct or negligence of the Authority or the City, their officers, employees and agents) for injury or damage to property and injuries to persons, including death which may be caused directly or indirectly by any of the Developer's activities under this Agreement, whether such activities or performance thereof be by the Developer or anyone directly 'or, indirectly contracted with or employed by the Developer and whether such damage shall accrue or be discovered before or after termination of this Agreement. This indemnity includes „but is not limited to, any repair, cleanup, remediation, detoxification, or preparation and implementation of any removal, remediation, response, closure or other plan (regardless of whether undertaken due to governmental action) concerning any hazardous substance or hazardous wastes including petroleum and its fractions as defined in the Comprehensive Environmental, Response, Cbtnpensation and Liability Act; codified at Title 42, Sections 9601, et seq. of the United States.Code (hereinafter, "CERCLA "), and all amendments thereto, at any place where Developer'owns or has control of real property pursuant to any of Developer's activities under this Agreement. The foregoing indemnity is intended to operate as an agreement pursuant,to Section 107(e),of CERCLA to assure, protect, hold harmless and indemnify Authority from liability., " "` SECTION A. In addition to the indemnification of the Authority and the City required in Section 5.07 hereof, the Developer shall take out and maintain during the period set forth in subsection (D) of this Section, a comprehensive general liability policy in the amount of at least $1,000,000.00 for any person, $1,000,000.00 for any occurrence, and $1,000,000.00 property damage naming the Authority as an additional insured and loss payee, but only with respect to the liability policy. B. The Developer shall furnish a certificate of insurance signed by an authorized agent of the insurance carrier setting forth the general provisions of the insurance coverage. This certificate of insurance shall name the Authority as an additional insured under the policy. The certificate of insurance shall contain a statement of obligation on the part of the carrier to notify the Authority by certified mail of any modification, cancellation or termination of the coverage at least 30 days in advance of the effective date of any such modification, cancellation or termination. Coverage provided hereunder by the Developer shall be primary insurance and not contributing with any insurance maintained by the Authority, and the policy shall contain such an endorsement. The required certificate shall be filed with the Authority at the time of execution of this Agreement. C. The Developer shall also fumish or cause to be furnished to the Authority evidence satisfactory to the Authority that any contractor with whom it has contracted for the performance of work on the Project Site or otherwise pursuant to this Agreement carries workers compensation insurance as required by law at the time of execution of the Agreement. D. The insurance obligations set forth in this Section shall remain in effect until performance of the development obligations contained in this Agreement. SECTION 5.09 Performance Bond. The Developer shall post with the City such performance bonds or other sureties as may be required by the Code. SECTION 5.10 Local, State and Federal Laws. The Developer shall carry out the provisions of this Agreement in conformity with all applicable local, state and federal laws and regulations. SECTION 5.11 Antidiscrimination During Construction ' ,The Developer, for itself, its successors and assigns, and any contractor with whom Developer has contracted for the performance of work on the Project Site, agrees that in the construction of the Project, the Developer shall not discriminate against any employee or applicant for'employment because of race, color, creed, religion, age, sex, marital status, handicap; national origin or ancestry. SECTION 5.12 when due all real estate taxes and obligations of this Agreement, the Site or any part thereof any uncon or lien other than as expressly, dl deemed to prohibit the Developer encumbrance or lien, nor to Jim t tj Encumbrances;: and Liens. The Developer shall pay is on the Project Site. Prior to the performance of the r shall not place or allow to be placed on the Project hank's lien, any mortgage, trust deed, encumbrance this Agreement. Nothing herein contained shall be ,sting the validity or amounts of any tax assessment, :s available to the Developer in respect thereto. SECTION 5.13;Prohibition Aeaitist Transfer of the Project Site or Structures Therein and Assignment of Agreement. The Developer shall not, except as permitted by this Agreement, without prior written approval of the Authority which shall not be unreasonably withheld, make any total or partial sale, transfer, conveyance, assignment or lease of the Project Site. The foregoing restrictions on assignment, transfer, and conveyance shall not apply to: A. Any mortgage lien or security interest granted by the Developer to secure indebtedness to any construction or permanent lender with respect to the Project; and B. The rental and leasing of portions of the Project Site by the Developer for any uses contemplated for the Project. SECTION 5.14 Restrictions on Sale of Control By the Developer. The qualifications of the Developer are of particular importance to the Authority. It is because of the qualifications and identity of the Developer, and the management thereof, that the Authority has entered into this Agreement with the Developer. Therefore, the Developer agrees that it will not sell a controlling interest in its own membership interests until performance of the development obligations in this Agreement to any individual or entity which is not currently a member of the Developer. Without limiting the generality of the foregoing, except as otherwise expressly agreed by the Authority in writing, the Developer shall not terminate its existence, liquidate or dissolve, or sell all or substantially all of its assets until performance of the development obligations in this Agreement. SECTION 5.15 Covenants for Non - Discrimination. The Developer covenants by and for itself and any successors in interest that there shall be no discrimination against or segregation of any person or group of persons on account of race, color, creed, religion, sex, familial status, marital status, age handicap, national origin or ancestry in the sale, lease, sublease, transfer, use occupancy, tenure or enjoyment of the Project Site, nor shall the Developer itself or any person claiming under or through it establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy of tenants, lessees, subtenants, sublessees, or vendees of the Project Site. The covenant established in this Section shall, without regard to technical classification and designation, be binding for the benefit and in favor of the Authority, its successors and assigns and any successor in interest to the Project Site or any part thereof. The covenants contained in this Section shall remain for so long as any amounts due under this Agreement or a tax increment district established for this Project remains unpaid or outstanding. SECTION 5.16 Maintenance Covenants. interest to the Developer, shall be obligated to landscaping situated on the Project Site in a clef good repair in accordance with the Code. A The Developer, and alII successors and assigns in maintaimtlie Project and all improvements and n and neat condition and in a continuous state of WARRANTIES SECTION 6.01 Developer ftpr sentations and Warranties. The Developer represents and warrants the following: A. The Developer represents that it is a limited liability company duly organized and existing under the laws of the State of Oklahoma. The Developer is authorized to conduct business in the State of Oklahoma, and,, is "not in violation of any provisions of its articles of organization, operating agreement, or any other agreement governing the Developer, or any law of the State of Oklahoma affecting Developer's ability to perform under this Agreement. B. The Developer's ability to accomplish the Project with financing assistance from the Authority has induced the Developer to proceed with the Project, and the Developer hereby covenants to complete the same and continue to maintain and operate the Project, until the Certificate of Completion is provided to the Developer from the Authority. C. The Developer represents that it has the full power and authority to execute this Agreement and this Agreement shall constitute a legal, valid and binding obligation of the Developer in accordance with its terms, and the consent of no other party is required for the execution and delivery of this Agreement by such Developer or the consummation of the transactions contemplated hereby, subject to laws relating to bankruptcy, moratorium, insolvency, or other laws affecting creditor's rights generally and subject to general principles of equity. D. The Developer represents that the execution and delivery of this Agreement, the consummation of the transactions contemplated herein, and the fulfillment of or compliance with the terms and conditions of this Agreement are not prevented or limited by or in conflict with, and will not result in a breach of, other provisions of its articles of organization, operating agreement or any other agreement governing the Developer or with any evidence of indebtedness, mortgages, agreements, or instruments of whatever nature to which the Developer is a party or by which it may be bound, and will not constitute a default under any of the foregoing. E. To the knowledge of the undersigned representative of the Developer, there is not currently pending any action, suit, proceeding or investigation, nor, is any such action threatened which, if adversely determined, would materially adversely affect the Developer or the Development, or impair the ability of the Developer to carry on its business substantially as now conducted or result in any substantial liability not adequately covered by insurance. F. The Developer warrants that it has not paid officer, employee or agent of the City or the Authority obtaining this Agreement. The Developer further represent; no officer, employee or agent of the City or the Authorit functions or responsibilities with respect to the Project du position to participate in a decision making process with reg interest, direct or indirect, in any contract or subcontract, c performed in connection with the Project, or in any activit; the term of this Agreement. ),r, given and will not pay or give any iy money or other consideration for that, to its best knowledge and belief, who exercises or has exercised any ing his or her tenure, or who is in a ird to the Project, has or will have any the proceeds thereof, for work to be or benefit therefrom, during or after G. All utility services necessary for the development and construction of the Project are available to the Project Site,'` including" water, storm and sanitary sewer facilities, electric and gas utilities, and telephone services. " H. Financial statements of the Developer heretofore delivered to the Authority and the City are true and correct in all material respects, and fully and accurately present the financial condition of the Developer on the'xespective dates thereof. There has been no material adverse change in the financial conditiot'of the Developer since the date of the latest statement furnished. I. The Project Site is free of all contamination requiring remediation including, but not limited to, (a) any "hazardous waste," "underground storage tanks," "petroleum," "regulated substance," or "used oil' as defined by the Resource Conservation and Recovery Act of 1976, as amended, or by any regulations promulgated thereunder; (b) any "hazardous substance" as defined by CERCLA, or by any regulations promulgated thereunder; (c) any substance the presence of which on, in, or under the Project Site is prohibited by any federal, state, or local law, rule, regulation, or ordinance similar to those set forth above; and (d) any other substance which by federal, state, or local law, rule, regulation, or ordinance requires special handling in its collection, storage, treatment, or disposal. I Neither this Agreement nor any statement or document referred to herein or delivered by the Developer pursuant to this Agreement contains any untrue statement or omits to state a material fact necessary to make the statements made herein or therein not misleading. SECTION 6.02 Authority Representations and Warranties. The Authority represents and warrants the following: A. The Authority is a duly organized and validly existing public trust under the laws of the State of Oklahoma and as such, is a duly constituted authority of the City and an agency of the State of Oklahoma. B. The Authority is fully empowered to enter into this Agreement and to perform the transactions contemplated thereby and generally to carry out its obligations hereunder and thereunder. The Authority has duly authorized its Chair, or in the Chair's absence, its Vice - Chair, to execute and deliver this Agreement and all other documentation required to consummate the transaction contemplated herein on behalf of the Authority. C. The performance by the Authority under provision or constitute a default under any indenture, a; Authority is currently bound or by which it is affected. D. To the knowledge of the undersil suit, proceeding or inquiry at law or in equity wherein any unfavorable decision, ruling or Authority's ability to perform under this Agreem transaction contemplated herein to which the Au VII ement will not violate any or instrument to which the of the Authority, there is no action, threatened, affecting the Authority Id materially adversely affect the any other instrument pertinent to the AND REMEDIES SECTION 7.01,, Events ±of Default. The following shall constitute Events of Default hereunder and under each of the instruments executed pursuant to this Agreement: A. Default by "the Developer in the performance or observance of any covenant contained in this Agreement, aiy instrument executed pursuant to this Agreement, or under the terms of any other instrument delivered to the Authority in connection with this Agreement, including, without limitation, the falsity or breach of any representation, warranty or covenant; B. Material variance from the approved Development Plans and Specifications without prior written consent of the City with regard to any of the materials, machinery, or equipment acquired in connection with the Project or the appurtenances thereto, or any other material variance from the Development Plans and Specifications; C. Any representation, statement, certificate, schedule or report made or furnished to the Authority by the Developer with respect to the matters and transactions covered by this Agreement which proves to be false or erroneous in any material respect at the time of its making or any warranty of a continuing nature which ceases to be complied with in any material respect and the Developer fails to take or cause to be taken corrective measures satisfactory to the Authority within 30 days after written notice by the Authority; or D. The initiation of bankruptcy or receivership proceedings by or against the Developer and the pendency of such proceedings for 60 days. SECTION 7.02 Remedies. The Authority will provide the Developer with notice and 30 days opportunity to cure any Event of Default described in Section 7.01. Upon the Developer's failure to commence and diligently pursue the cure within such 30 -day period, the Authority may, at its option, declare the Authority shall be entitled to proceed simultaneously or selectively and successively to enforce its rights under this Agreement and any of the instruments executed pursuant to the terms hereof, of any one or all of them. SECTION 7.03 Termination. A. In the event that the City unreasonably fails to approve the Development Plans and Specifications, and, if any such default or failure shall not be cured within 30 days after the date of written demand by the Developer, then this Agreement, or the 'relevant portion thereof, may, at the option of the Developer, be terminated by written notice thereof to the Authority, and, neither the Authority, nor the Developer shall have any further rights against or liability to the others under this Agreement with respect to the terminated portion thereof. B. In the event that the Specifications to the City, or the Developer to the Authority, and, if any default or failure demand by the Authority, then this Agreem( the Authority, be terminated by written hotic, the Developer shall have any furl respect to the terminated portion s to„ submit the Development Plans and n evidence of financing capacity satisfactory cured within 30 days after the date of written ;levant portion thereof, may, at the option of the Developer, and, neither the Authority nor )ility to the others under this Agreement with SECTION 7.04 Completion by: D. To pay, settle or compromise all existing bills and claims which are or may be liens against the property constituting a portion of the Project Site or any part thereof or may be necessary or desirable for completion of the work or obtaining clear title; E. To execute all applications and certificates in the Developer's name, which may be required by any contract relating to the Project; and F. To do any and every act with respect to the Project which the Developer may do on its own behalf. It is understood and agreed that this power of attorney shall be deemed to be a power coupled with an interest which cannot be revoked. The Authority, as the Developer's attorney -in -fact, shall also have the power to prosecute and defend all actions or proceedings in connection with the Project and to take such action and require such performance as the Authority deems necessary. The cost of said completion, including an amount equal to 10% of such cost for the Authority's services in connection with such completion, shall be paid to the Authority by. the Developer. SECTION 7.05 A. In addition to specific provisions of this,Agreement, performance by either party hereunder shall not be deemed to be in default, and all performance and other dates specified in this Agreement shall be extended, where the party seeking the extension has acted diligently and delays or defaults are due to events beyond the reasofiable control of the party such as but not limited to: default of other party; war; insurrection; "strikes; lockouts; riots; floods; earthquakes; fires; casualties; acts of God; acts of the public enemy; epidemics; quarantine restrictions; freight embargoes; invasion, lack of traiisportation; litigation; unusually severe weather; or any other causes beyond the control or with the fault ofthe party claiming an extension of time to perform. B. Times ofperforthance under this Agreement may also be extended in writing by the mutual agreement.of the Authority and the Developer. SECTION 7.06 Non- liability of Officials. Employees, and Agents of the Authoritv. No official, employee or agent of the Authority shall be personally liable to the Developer, or any successor in interest, pursuant to the provisions of this Agreement, for any default or breach by the Authority. ARTICLE VIII MISCELLANEOUS SECTION 8.01 Authority's Obligations Limited. Nothing in this Agreement is intended to require or obligate nor shall anything herein be interpreted to require or obligate the Authority to provide, apply or make any payment or advance from any revenue or funds coming into its hands other than the funds derived from Increment District No. 8 and in the manner provided in this Agreement. SECTION 8.02 Notices. Any notices or other communications required or permitted hereunder shall be sufficiently given if delivered personally or sent by registered or certified mail, postage prepaid, return receipt requested and addressed as set forth below or to such other address as the party concerned may substitute by written notice to the other. All notices shall be deemed received within three days (excluding Saturdays, Sundays and holidays recognized by national banking associations) after being mailed: To the Authority: Owasso Public Works Authority 200 S. Main Street Owasso, Oklahoma 74055 Attn: Warren Lehr, Manager To the Developer: SAHO Properties, LLC 12555 E 86 St N Owasso, Oklahoma 74055 Attn: Chris Kelley SECTION 8.03 Amendment. This Agreement may not be amended or modified in any way, except by an instrument in writing executed by both parties hereto and approved in writing by the Developer and the Authority. SECTION 8.04 Non - Waiver: Cumu to exercise and no delay in exercising any shall any single or partial exercise by the E further right thereof. The remedies herein p SECTION 8.05 , without the prior written may be assigned by the E No failure on the part of the Authority shall operate as a waiver thereof, nor right hereunder preclude any other or ulative and not alternative. shall not be assignable by the Developer rights and benefits under this Agreement SECTION 8.06 Applicable Law: This Agreement and the documents issued and executed hereunder shall be deemed to be a contract made under the laws of the State of Oklahoma and shall not be construed to constitute the Authority as a joint venturer with the Developer or to constitute a partnership among the parties. SECTION 8.07 Descriptive Headings. The descriptive headings of the articles and sections of this Agreement are for convenience only and shall not be used in the construction of the terms hereof. SECTION 8.08 Integrated Agreement. This Agreement constitutes the entire agreement between the parties hereto, and there are no agreements, understandings, warranties, or representations between the parties regarding the financing of the Project other than those set forth herein. SECTION 8.09 Time of Essence. Time is of the essence in the performance of this Agreement. SECTION 8.10 Binding Effect. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors, legal representatives, and assigns. SECTION 8.11 Right to Defend. The Authority shall have the right, but not the obligation, with benefit of counsel selected by the Authority, all at the Developer's expense, to commence, appear in or defend any action or proceeding purporting to affect the rights or duties of the parties hereunder, and in connection therewith, if the Developer fails to so commence, appear in or defend any such action or proceeding, except in a suit between the Developer and the Authority, in which case the prevailing party shall be entitled to such fees and expenses as a part of any judgment obtained. SECTION 8.12 Trustees' Disclaimer. This instrument is executed by the Trustees or officers or both of the Authority in their official capacities as such Trustees or officers. By the execution hereof all parties agree that, for the payment of any claim or the performance of any obligations hereunder, resort shall be had solely to the specific assets of the Authority described herein and no Trustee or officer of the Authority shall be held personally liable therefore. In this regard, specific reference is made to Section 179 of the Public Trust Act and to the Trust Indenture dated as of the 10' day of January, 1973, pursuant to which the Authority was created, a copy of which is of record in the office of the Authority. SECTION 8.13 Counterparts. This Agreem ent" may be executed'in several counterparts, and all such executed counterparts shall constitute the same" Agreement. It shall be necessary to account for only one such counterpart in proving this Agreement. SECTION 8.13 Construction of this Agree n .,The Parties acknowledge that the parties and their counsel have reviewed and revised this Agreement and that the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Agreement or any exhibits or amendments hereto. IN WITNESS V to be duly executed this (SEAL) ATTEST: In Secretary F, the Developer and the Authority have caused this Agreement of 2023. OWASSO PUBLIC WORKS AUTHORITY Kelly Lewis, Chair SAHO Properties, LLC ACKNOWLEDGEMENTS STATE OF OKLAHOMA ) )SS: COUNTY OF TULSA ) Chris Kelley, Authorized Member The foregoing instrument was acknowledged before me this day of 2023 by Kelly Lewis, Chair of the Owasso Public Works Authority, a public trust, on behalf of the Trust. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial seal the date and year first above written. (Notary Seal) STATE OF COUNTY OF TULSA The foregoing instrument was acknowledged before me this day of 2023, by Chris Kelley, Authorized Member of SAHO Properties, LLC, on behalf of SAHO Properties, LLC. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial seal the date and year first above written. Notary Public (Notary Seal) EXHIBIT 1 Location, Legal Description, and Map of the Project Site Address: 401 W 2nd Ave Legal Description: A tract of land that is part of Lot One (1) of The AMENDED PLAT OF ATCHISON, TOPEKA AND SANTA FE, an Addition to the City of Owasso, Tulsa county, State of Oklahoma, according to the recorded Plat thereof, being more particularly described as follows, to -wit: BEGINNING at the Southeast corner of said Lot 1; thence North 89°58'25" West a distance of 239.18 feet; thence North 0 °05'05" East a distance of 466.28 feet; thence S 89°58'25" E a distance of 237.41 feet: thence S 0°07'56" E a distance of 466.28 feet to the POINT OF BEGINNING. This AGREEMENT FOR ECONOMIC DEVELOPMENT PARTNERSHIP (hereafter "Agreement ") is made and entered into this day of , 2023, by and between the CITY OF OWASSO, OKLAHOMA, a municipal corporation ( "City" or "City of Owasso "), and the OWASSO CHAMBER OF COMMERCE ( "Chamber "), a non - profit business organization incorporated under the laws of the State of Oklahoma, with its principle office within the limits of the City of Owasso, Oklahoma. AGREEMENT PREAMBLE WHEREAS, the City of Owasso and its citizens business, industry, commerce, and the positive impact on th and, WHEREAS, the preservation and businesses is in the best interest of the econ community, and its citizens; and, WHEREAS, workforce education and dev legislative advocacy efforts serve ,.to enhance environment of Owasso; and, WHEREAS, the attraction o economic well -being and economic revenue of the City WHEREAS, the purpose forwl%ch`:public of the cidti , of the bit WHEREAS, the Owa businesses, ` <people, and cone environment th ' ,attracts, crea for the City of Owasso and its WHEREAS, both;Ahe consolidated, pro - active appro City from the existence of retail iy of the City and its citizens; exist ifig industry, commerce and of the :city of Owasso, its business rt of ali"local businesses; and and economic, development businesses is important to the lasso and its citizens; and, is essential to increase the economic development is a proper public iote the general health, safety and welfare and, ber of Commerce is a non - profit organization of Owasso tens of Owasso, working cooperatively to promote an nlfauces business and economic growth and development and, Y of Owasso and Chamber recognize the opportunity for a to promote economic development in the City of Owasso; and, WHEREAS, the City is desirous of contracting with the Chamber to promote and execute the City of Owasso's Economic Development Strategic Plan to create enhanced value and opportunity for the City and its citizens. NOW, THEREFORE, in consideration of the covenants and mutual promises stated in this Agreement, and in furtherance of the above recitals, the City and Chamber agree as follows: TERMS OF THE AGREEMENT 1. VALID CONSIDERATION. The City contracts with Chamber to perform certain economic development services for the benefit of the City, and the Chamber accepts such engagement, pursuant to the Terms of the Agreement. Both the City and Chamber acknowledge and agree that mutual valid consideration is provided by each party to the other under this Agreement. 2. SCOPE of SERVICES. The scope of services to be provided by the Chamber under this Agreement includes, but is not limited to, the following: A. Partnering with the City to make tli s ri t efficient use of the City and Chamber's combined economic development resources and abilities; B. Executing the City of Ow strengthen Owasso's valu Owasso, and to market;:Oj growth and development ,o within the City of Owasso'; C. Regularly re Economic I development 193 to Economic Development Strategic Plan to iposition, grow:; and recruit businesses to i to promote, sl m late, and encourage the retail, commercial, and;industrial resources rieriling updates to the City of Owasso egic <Plan for comprehensive economic ty of Owasso fence -line; serve jobs for the citizens of jobs and new employment education and information about issues, City of Owasso; F. Expanding the:';ecpnomic base of Owasso by seeking diversification of G.' - Encouraging and assisting existing industry to maintain or expand loyment opportunities; H. an aggressive marketing program, as funds permit, to attract new investment to Owasso; I. Providing marketing materials as appropriate, commensurate with funding, to those individuals and entities evaluating Owasso for future and further investment and resulting economic impact; J. Developing, programming, coordinating, and hosting Owasso's annual Economic Summit; 2 K. Administering the Redbud District website and coordinating marketing and development efforts within the Redbud District; L. Performing such other economic development duties as are necessary to the benefit of Owasso and the market area. 3. PROPER STAFFING. The Chamber shall provide all necessary administrative support to carry out the duties set forth in above Paragraph 2 and its sub -parts, including but not limited to adequate staff, office space, and equipment within the context of its funding and budget. 4. SEPARATE ENTITY ACKNOWLEDGEMENT. T that the Chamber is its own separate legal entity which oper by its own Board of Directors and corporate by -laws. The Ch" board of the City of Owasso, and it is expressly underst6' 9d`i its duties under this Agreement, the Chamber is acting as an and not as an agent of the City. 5. COMPENSATION FOR SERVICES; services provided under this Agreement by the provide the Chamber as follows: :y and Chamber acknowledge idependently, and is governed is not an extension or advisory eed that in the performance of indent contractor of the City, for the economic development City agrees!fU,.compensate and A. The City shall pay'the Chamber an annual amount of Two Hundred Thirty Thousand Dollars($230 000), payable':, thly in equal 1/12 installments, dependent upon the contmued employmentof Chelsea Levo Feary as the Presrdent- Chief Executive Officer of the Chamber. If, for any reason, ChelseaLevo, Feary ceases to hold i §l position with the Chamber prior to 'the.expiratlonpf the one,6 "term oftkiis `Agreement, this Agreement shall immediatelyterminate. Notwithstanding the above, the City shall pay the monthly amount described herein for a full two (2) month period following any such fermmahon In addition, the City and Chamber may enter into a new agreement subsequent to the hiring of a new Chamber President -Chief Executive Officer, if both parties are desirous of continuing the contractual relatlolship confeinplated in the Agreement. It is understood that prospects for commercial or industrial development projects may request information of the Chamber about development guidelinesor possible incentives. The Chamber President -Chief Executive Officer will accommodate all such requests by directing potential developefs /investors to the appropriate City of Owasso contacts and/or will guide all such prospects to file application for any incentives through the City's incentive application process. The Chamber may use its own cash reserve balance to provide incentives with no direction from the Owasso City Council. C. The City and Chamber may consider jointly participating together in the pursuit and funding of economic development infrastructure grants and developments, at the discretion of Chamber and the City. For grants in which the allocated funding is limited to design or engineering costs, the Chamber shall bear sole responsibility for any matching portion required under the terms of the grant and shall receive the full amount of the grant. D. The Chamber shall be responsible for providing requested information or documentation regarding any grant or incentive involving the City. E. The City may allow the Chamber to use available City Hall space, when necessary and available, to host meetings or gatherings in furtherance of the Chamber's economic development efforts on behalf of Owasso and its citizens. F. As additional compensation, the 1. lease the building currently leased;by the Chamber, at the below market rate of Six HundreC, ifty'- Eight'Dollars and Thirty -Three Cents ($658.33) per month, and, ' 2. financially contribute (in lieu of Chamber „membership dues) towards the City and Chamber''s joint participation in the Tulsa Home and Garden Show in the amount`ofr$1,50.0:0:0'i” 6. FINANCIAL DISCLOSURE:,The Chamber st all continue to be solely responsible for the maintenance of its full books of accountsiziwith correct entries of all expenditures in the administration of this Agreement and rts normat z business operations. The Chamber's books of accounts shall remain the pxoperty of the 'Chamber.?The Chambershall continue its practice of engaging an independent accoilptant to perforin anannual financial audit and prepare a written report of the same, which report shallbe open to tha inspecriori oche City upon reasonable notice. 7. STATUS UPDATES The Chamber President -Chief Executive Officer shall provide tes to the Crty i IV) ager. `or, .his/her designee and quarterly presentations to the monthly upda Owasso Economic 56?elopm&it Authority regardirig`'economic development activities and the Chamber's; progress in meeting , e,,goals and zobjectives identified in Paragraph 2 of this Agreemenf.: he Chamber President Chief Executive Officer shall make an annual presentation to the City Council. The Chamber President -Chief Executive Officer may also be called upon and Will make additional presentations) to th6'City Council, only if deemed necessary by the City Manager. 8. ANNUAE WRITTEN REPORT. The Chamber shall furnish an annual detailed written report ( "Annual Report") to the`City which states accurately the progress made in implementing the goals and objectives outlined under this Agreement. The President -Chief Executive Officer of the Chamber shall present the Annual Report to the City Council as deemed necessary by the City Manager, and will be prepared to discuss the Report with the City Council, to explain the Chamber's economic development activities under this Agreement. 9. HOLD HARMLESS. The Chamber assumes full and complete liability for the actions of its officers, employees, and agents, and agrees to hold the City harmless from any claim for damages resulting from the actions of Chamber, its officers, employees, and agents. rd 10. CHAMBER BOARD OF DIRECTORS. The Mayor of the City may appoint himself or herself, or a fellow member of the City Council of the City, to serve as a voting member of the Board of Directors of the Chamber for a term comprising the length of this Agreement. The City Manager of the City shall continue to serve as a non - voting, ex- officio member of the Board of Directors of the Chamber, in a representative capacity on behalf of the City and the Owasso Economic Development Authority. The City Manager shall not cast any vote, but shall serve in an advisory capacity and as a full participant in Board discussions. 11. LEGAL COMPLIANCE. The Chamber agrees to take any steps necessary to amend its by -laws, if necessary, to comply with its duties and obligations under this Agreement. The City enters into this Agreement under authority of OKLA. STAT. tit ;l'sT, §22 -101. 12. TERM. The term of this Agreement is 90 days prior to the expiration of the Agreement Te Chamber shall meet and confer regarding the de agreement, and, if necessary, will review and cons changes to effectuate the official considerationand timely fashion. 13. AMENDMENTS. The agreement of the City and Chamt approved and executed by the gov 14. OFFICIAL NOTICE. Written'> be deemed properly given or served on requested, to the City;at the follovy}ng addr Main Street, Owasso, OK 74055; and to the of Commerce, ATTNi'Qbamber President, of for.bhe year ( "Agreement Term"). At least rm :des griated,representatives of the City and sirability of entering into a new one-year icier any proposed;or necessary substantive adoption of a newone -year agreement in a e amended from time to furie by the mutual yari endmem shall become effective when ie Cif ,and Chamber. notices required or authorized by this Agreement shall the City rf mailed vi' a certified mail, return receipt ess,, Cityof Owasso, ATTN: City Manager, 200 South Chamber at the following address, Owasso Chamber 315 South Cedar Street, Owasso, OK 74055. 15 - DISCRIMINATION The City Arid Chamber covenant and agree that (1) no person on the'ground o race, color, . sex, religion, -nail al origin, age (40 +), or disability shall be excluded ;from participation ` in, denied the beneft:of, or otherwise be subjected to discrimination under the terms of this Agreement, and:(2) that in carrying out the terms and conditions of this Agreement,.,' rio person shall bi subjectedto. discrimination on the basis of their inclusion in one men of the aforetioned classes protected under federal law. 16. LEGaT;;COMPLIXNCE. The Chamber agrees to conduct its business under this Agreement in compliar{ with federal, state, or local laws, ordinances, or regulations applicable to the conduct of its operatorisunder the terms of this Agreement. 17. CONTRACT INTERPRETATION. The City and Chamber acknowledge that they have mutually participated in drafting this Agreement; have reviewed the terms of this Agreement with their respective legal counsel; and, accordingly, agree that the rule of contract interpretation (that contracts shall be construed against the drafter) does not and shall not apply in the event of any dispute requiring the interpretation and enforcement of this Agreement. 18. SURVIVAL CLAUSE. In the event any provision or portion of a provision of this Agreement is found by a court of competent jurisdiction to be void, voidable, or for any reason unenforceable, the City and Chamber agree that the remaining portions shall remain in full force and effect. 19. MULTIPLE SIGNATURE PAGES. This Agreement may be executed in duplicate counterparts, each of which shall be deemed an original. 20. CHOICE OF LAW AND VENUE. This Agreement is governed by the laws of the State of Oklahoma. The City and Chamber agree that jurisdiction and venue for any dispute between the parties or arising under this Agreement shall be exclusively in the state or federal courts serving Tulsa County, Oklahoma. 21. NON - ASSIGNABILITY. This Agreement is nori- assignable. IT IS THEREFORE AGREED TO AND ENTERED `THIS day of March, 2023. Lewis, ATTEST: Juliann M. Stevens, City Clerk Total Monthly Sales Tax comparisons City of Owasso Total Monthly Sales Tax Revenues Last Five Fiscal Years "Sales tax increase from 3.6% to 4.05% (551100) for street improvements in 2017. 2022 -2023 2021 -2022 2020 -2021 2019 -2020 2018 -2019 Jul $3,859,805 $ 3,440,377 $ 3,464,240 $ 3,005,671 $ 2,998,609 Aug 3,888,306 3,558,829 3,386,133 2,968,434 2,920,263 Sep 3,743,687 3,522,962 3,227,732 2,969,838 2,810,048 Oct 3,767,889 3,653,860 3,093,584 3,067,281 2,899,646 Nov 3,750,140 3,443,276 3,162,417 2,855,219 2,753,335 Dec 3,854,603 3,538,043 3,214,507 3,105,262 2,858,066 Jan 4,145,010 3,890,744 3,466,684 3,399,527 3,330,435 Feb 4,055,635 4,033,475 3,406,382 3,294,059 3,132,584 Mar 3,334,731 2,990,573 2,987,980 2,677,677 2,523,512 Apr 3,491,187 2,803,716 2,845,063 2,723,563 May 3,726,630 3,596,560 2,953,020 2,945,503 Jun 3,678,903 3,714,051 2,907,154 3,046,140 $ 34,399,807 $42,968,861 $39,523,987 $ 36,048,205 $ 34,941,703 "Sales tax increase from 3.6% to 4.05% (551100) for street improvements in 2017. City of Owasso Total Sales Tax Report Budget to Actual Comparison March 9, 2023 Apr May Jun Totals $ 34,399,807 78.3% $ 32,904,935 74.9% $ 1,494,872 4.5% 2022 -23 2022 -23 Actual Collections Budget Projections Over (Under) Projection Amount Percent Amount Percent Amount Percent Jul $ 3,859,805 8.8% $ 3,671,244 8.4% $ 188,561 5.1% Aug 3,888,306 8.9% 3,672,395 8.4% 215,910 5.9% Sep 3,743,687 8.5% 3,600,949 8.2% 142,738 4.0% Oct 3,767,889 8.6% 3,635,843 8.3% 132,046 3.6% Nov 3,750,140 8.5% 3,504,774 8.0% 245,366 7.0% Dec 3,854,603 8.8% 3,651,804 8.3% 202,799 5.6% Jan 4,145,010 9.4% 3,984,890 9.1% 160,120 4.0% Feb 4,055,635 9.2% 3,976,355 9.1% 79,281 2.0% Mar 3,334,731 7.6% 3,206,681 7.3% 128,050 4.0% Apr May Jun Totals $ 34,399,807 78.3% $ 32,904,935 74.9% $ 1,494,872 4.5% City of Owasso Total Sales Tax Report Two Year Comparison March 9, 2023 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun 2022 -23 2021 -22 Increase or (Decrease) Percent Percent Amount of Budget Amount of Actual Amount Percent $ 3,859,805 8.8% $ 3,440,377 8.0% $ 419,428 12.2% 3,888,306 8.9% 3,558,829 8.3% 329,477 9.3% 3,743,687 8.5% 3,522,962 8.2% 220,725 6.3% 3,767,869 8.6% 3,653,860 8.5% 114,029 3.1% 3,750,140 8.5% 3,443,276 8.0% 306,864 8.9% 3,854,603 8.8% 3,538,043 8.2% 316,560 8.9% 4,145,010 9.4% 3,890,744 9.1% 254,266 6.5% 4,055,635 9.2% 4,033,475 9.4% 22,160 0.5% 3,334,731 7.6% 2,990,573 7.0% 344,158 11.5% Totals $34,399,807 78.3% $32,072,139 74.6% $ 2,327,668 7.3% Note: Fiscal Year 2023 Sales Tax Budget is $43.913 million; FY'22 budget was $37.490 million. City of Owasso Monthly Use Tax Revenues Last Five Fiscal Years Fiscal Year 2023 Use Tax Budget is $4,600,000 2022 -2023 2021 -2022 2020 -2021 2019 -2020 2018 -2019 Jul $ 401,124 $ 326,360 $ 320,463 $ 224,427 $ 107,929 Aug 363,566 404,700 308,877 213,728 134,957 Sep 425,319 318,417 319,035 258,541 237,044 Oct 357,484 392,609 322,295 211,009 177,983 Nov 406,252 339,020 325,866 212,040 151,865 Dec 422,765 368,226 353,105 226,537 193,866 Jan 478,272 487,449 406,969 280,550 265,379 Feb 574,438 509,782 493,847 404,153 290,595 Mar 378,203 330,651 291,099 187,882 140,226 Apr 310,281 286,867 233,275 173,422 May 390,745 439,483 257,842 201,224 Jun 348,589 316,929 321,127 192,601 $3,807,424 $4,526,849 $4,184,835 $3,031,109 $2,267,091 Fiscal Year 2023 Use Tax Budget is $4,600,000 City of Owasso Total Use Tax Report Two Year Comparison March 9, 2023 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun 2022 -23 2021 -22 Percent Percent Amount of Budget $ 401,124 8.7% 363,566 7.9% 425,319 9.2% 357,484 7.8% 406,252 8.8% 422,765 9.2% 478,272 10.4% 574,438 12.5% 378,203 8.2% Amount of Actual $ 326,380 7.2% 404,700 8.9% 318,417 7.0% 392,609 8.7% 339,020 7.5% 368,226 8.1% 487,449 10.8% 509,782 11.3% 330,651 7.3% Increase or (Decrease) Amount Percent $ 74,744 22,9% (41,134) -10.2% 106,902 33.6% (35,125) -8.9% 67,232 19.8% 54,540 14.8% (9,177) -1.9% 64,655 12.7% 47,552 14.4% Totals $ 3,807,424 82.8% $ 3,477,234 76.8% $ 330,190 9.5%