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Home My WebLink About2024.03.14_OEDA AgendaPUBLIC NOTICE OF THE MEETING OF THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY Owasso City Hall, Community Room 200 South Main Street, Owasso, OK Thursday, March 14, 2024 - 10:00 AM NOTE: APPROPRIATE ACTION may include, but is not limited to: acknowledging, affirming, amendin a,Poroving, outhonzing, awarding, denying, postponing, or tabling. RECEIV9� AGENDA MAR 12 2024 �S 1. Call to Order - Dee Sokolosky, Chair City Clerk's Office 2. Consideration and appropriate action relating to the Consent Agenda. (All matters listed under "Consent" are considered by the Trustees to be routine and will be enacted by one motion. Any Trustee may, however, remove an item from the Consent Agenda by request. A motion to adopt the Consent Agenda is non - debatable.) A. Approve minutes of the February 8, 2024, Regular Meeting (Attachment) B. Accept monthly financial report (Attachment) 3. Consideration and appropriate action relating to items removed from the Consent Agenda 4. Report from City Departments (Attachment) Chris Garrett A. Community Development Report- Brian Dempster B. Public Works Project Status Report - Roger Stevens C. Sales Tax Report and Revenue Outlook- Carly Novozinsky 5. Economic Development Report and Owasso Chamber of Commerce Initiatives and Opportunities Chelsea Feary, Trustee 6. Report from City Manager Chris Garrett 7. Report from Trustees 8. New Business (New Business is any item of business which could not have been foreseen at the time of posting of the agenda) 9. Adjournment Notice of Public Meeting filed in the office of the City Clerk on Friday, December 8, 2023, and the Agenda posted at City Hall, 200 South Main Street, at 5:00 pm on Tuesday, March 12, 2024. Chris Garrett, 'ty Manager The City of Owasso encourages citizen participation. To request an accommodation due to a disability, contact the City Clerk prior to the scheduled meeting by phone 918- 376 -1502 or by email to istevensfcitvofowasso com OWASSO ECONOMIC DEVELOPMENT AUTHORITY MINUTES OF REGULAR MEETING THURSDAY, FEBRUARY 8, 2024 The Owasso Economic Development Authority met in regular session on Thursday, February 8, 2024, at City Hall in the Community Room, 200 South Main Street, Owasso, Oklahoma per the Notice of Public Meeting filed Friday, December 8, 2023, and the Agenda filed in the office of the City Clerk and posted at City Hall, 200 South Main Street at 5:00 pm on Tuesday, February 6, 2024. 1. Call to Order -Chair Dee Sokolosky called the meeting to order at 10:00 am. Present: A quorum was declared present. Absent Chair- Dee Sokolosky Trustee - Alvin Fruga Vice Chair- Dirk Thomas Secretary - Chelsea Feary Trustee - Bryan Spriggs Trustee -Skip Mefford Trustee - David Charney Staff - City Manager Warren Lehr, Assistant City Manager Chris Garrett, City Attorney Julie Lombardi 2. Consideration and appropriate action relating to the Consent Agenda. (All matters listed under "Consent" are considered by the Trustees to be routine and will be enacted by one motion. Any Trustee may, however, remove an item from the Consent Agenda by request. A motion to adopt the Consent Agenda is non - debatable.) A. Approve minutes - January 11, 2024 B. Accept monthly financial report Dr. Thomas moved, seconded by Dr. Spriggs, to approve the Consent Agenda, as presented. YEA: Sokolosky, Spriggs, Thomas, Feary NAY: None Abstain: Charney Motion carried: 4 -0 3. Consideration and appropriate action relating to items removed from the Consent Agenda - None 4. Report from City Departments A. Community Development Report B. Public Works Project Status Report C. Sales Tax Report and Revenue Outlook Chris Garrett referred to the reports included in the agenda packet. Discussion was held. 5. Economic Development Report and Owasso Chamber of Commerce Initiatives and Opportunities Chamber President Chelsea Feary reported the Economic Summit, D.C. Fly -In, and Day at the Capital are scheduled for April 2024. 6. Report from City Manager Chris Garrett provided information on Mr. Lehr's Retirement Reception. 7. Report from Owasso Economic Development Authority Trustees Trustee Mefford arrived at 10:05 am. Discussion was held on development momentum in Owasso and surrounding suburbs. 8. New Business - None 9. Adjournment Dr. Thomas moved, seconded by Mr. Charney, to adjourn the meeting. YEA: Sokolosky, Spriggs, Thomas, Feary, Mefford, Charney NAY:None Motion carried: 6 -0 and the meeting adjourned at 10:23 am. Chris Garrett, Assistant City Manager Owasso Economic Development Authority Statement of Revenues, Expenses and Changes in Fund Net Assets For the Month Ending February 29, 2024 Operating Revenues Operating Expenses: Materials & supplies Services & other charges Capital outlay Total Operating Expenses Operating Income (Loss) Non - Operating Revenues (Expenses): Investment income Promissory note revenue RAN debt service & other costs Transfer from Hotel Tax Fund Total non - operating revenues (expenses) Net income (loss) before contributions and transfers Transfer to general fund Change in net assets Total net assets - beginning Total net assets - ending $0.00 0.00 0.00 0.00 0.00 0.00 13.77 0.00 0.00 0.00 13.77 YTD $0.00 0.00 0.00 115.26 0.00 0.00 0.00 il&lpz Budget $0.00 0.00 5,000.00 0.00 5,000.00 (5,000.00) 70.00 0.00 0.00 0.00 $70.00 13.77 115.26 (4,930.00) 0.00 0.00 0.00 13.77 115.26 (4,930.00) 9,566.00 9,566.00 $9,681.26 $4,636.00 PEAL Poaaa•PEAL CIUriomr•gEALCemmuOM TO: The Honorable Chair and Trustees Owasso Economic Development Authority FROM: Community Development Department SUBJECT: Development Report DATE: March 1, 2024 NEW COMMERCIAL DEVELOPMENT -Mercy EMS Facility (ON HOLD)- South of the SW corner of 129 E Ave & 116 St N oCity Council approved a combined annexation and rezoning on 4/18/23 �! •Attic Owasso -11111 E 116 St oPUD request for a mixed -use commercial /self- storage development approved by City Council on 2/20/24 o5ite Plan reviewed by the Technical Advisory Committee on 2/21/24 *Post Property (Mixed- Use) -201 N Birch St \0000 oRezoning request from Residential Single Family to Downtown Mixed approved by Council on 8/15/23 *German Corner (Mixed -Use)- SW corner of E 116 St N & Garnett Rd oPUD request for a mixed -use commercial development approved by Council on 8/15/23 •Martin Office Development - 1012 N Ash St Rezoning oRezoning request from Residential Single Family to Office approved by Council on 8/15/23 *New Public Works Facility- NE corner of E 116 St N & N 97 E Ave oRezoning request from Residential Single Family to Public Facilities approved by Council on 1/17/23 v•Owasso Public Works and Vehicle Maintenance Facilities- east of SE corner of N 97E Ave (Mingo Rd) and E 116 St N oFinaI Plat to be reviewed by the City Council on 4/16/24 •OLLA 24 -01- 209 E 5 Ave OLot Line Adjustment request, to reconfigure three lots Into two, approved on March 1, 2024 •Lot 1, Block Morrow Commercial -east of NE corner of 116 St & 129 E Ave OFinal Plat approved by City Council on 1/16/24 •OLLA 23 -01, Smith Farm Village Block 9 -SE corner of 96 St & Garnett Rd OLot Line Adjustment to shift lines in Block 9 heard by Technical Advisory Committe on 11/15/23 and approved on 11/20/23 *Owasso 7- NE corner of 96 St & Garnett Rd oPreliminary Plat approved by Planning Commission on 1019/23 •Reserve at Owasso— E 106 St N and US -169 OFinal Plat approved by Council on 9/19123 oPreliminary Plat approved by Planning Commission on 6/12/23 oOPUD 23 -02 /OZ 23 -02, to allow for a mixed -use commerical and multifamily development, approved by Council on 3 /21/23 • Bailey Commercial Phase 1 -SW corner of E 106 St N & N Garnett Rd oPlanning Commission approved the preliminary plat on 12/12/22 oCity Council approved the final plat for Lots 1 & 2, Block 1 ONLY on 12/20/22 -Murphy's USA (Remodel)- 12107 E 96 St N oSite Plan reviewed by the Technical Advisory Committee on 2/21/24 • Dollar Tree- East of NE corner of 116 St & 129 E Ave oSite Plan reviewed by the Technical Advisory Committee on 12/20/23 -Apex Title and Closing- 517 E 19 St N oSite Plan reviewed by the Technical Advisory Committee on 9/20/23 -Vision Hardwood- North of the NE Corner of E 116 St N & N Garnett Rd oSite Plan reviewed by the Technical Advisory Committee on 8/16/23 -Dental Depot- 8722 N Garnett Rd -Same Day Auto- NE corner of 106th & US -169 -Take 5 Oil Change- 9349 N 129 E Ave • Five Guys - 9441 N Garnett Rd -Modern Day Dental (Bybee Dental) -12805 E 101 PI •Lot 3, Block 9 Smith Farm Village (Shell Building)- SE corner of 96 St & Garnett Rd *Taco Casa- 9581 N Garnett Rd *Pickleman's (Shell Building) -11310 E 96 St N -The Learning Experience- 11637 N 129th E Ave -Smith Farm Village Lot 5 (Shell Building) -11340 E 96 St *5th Avenue Business Park- 304 E 5th Ave -Trinity Presbyterian Church — NW corner of E 76 St N and N Memorial Dr *Helscel- Huneryager Industrial Park -7301 N 115 E Ave REDBUD DISTRICT DEVELOPMENT Open o .. • Community Center Patio /Outdoor Classroom • Owasso PD Shoot -House & Multi- purpose o Completed! Buildings- 710 & 720 S Main St o Under construction • Merlot (Tyner Townhome Development)- 108 N • Vintage at Redbud Atlanta o OPUD 23-03, to allow for 7 townhomes on a o Completed! single Downtown Mixed (DM) -zoned lot approved by City Council on 3/21/23 • Tyner Quadplex Development- 203 E 3rd St N Tyner Duplexes- NE comer of W 1 ^t St & N Atlanta o Completed! o 2 Lot Split requests (as there are two lots involved) to split property into a total of 5 lots approved by Planning Commission on 10/10/22 o Under construction • Birchwood- 414 S Birch • Foster's (Expansion)- 105 E 2 St o Opened 06/2023 o Rezoning request from Residential Single - Family (RS -3) to Residential Multifamily (RM) approved by Council on 8/16/22 — o Technical Advisory Committee reviewed Site Plan on 9/21/22, has been approved o Under construction • Tyner Loffs on 2nd - SE corner of W 2nd St & N Atlanta • Lot Split requesting the lot be split in half approved by Planning Commission on 7/11/22 • Site Plan reviewed by the Technical Advisory Committee on 7/20/22 o Under construction • Potential Library Expansion TCCL held a townhall meeting on potential expansion in 01/2022 EXPANSION OF EXISTING COMMERCIAL • Owasso High School Track- 12901 E 86 St N • OPS proposing to add a total of 6 buildings (storage, concessions, restrooms) to the existing track /football field • Site plan reviewed by the Owasso Technical Advisory Committee (TAC) on 10/18/23, has been approved • SAHO (2nd Location)- 401 W 2nd St • Easement Closure request to close an easement that conflicts with the proposed expansion footprint approved by City Council on 10/17/23 • Remodeling existing building in lsr phase (completed) • Construction underway to add an additional 5,000 sq ft in 2nd phase • Attic Storage- 7801 N Owasso Expressway o OBOA 23 -02, a Special Exception to allow for an expansion of a non - conforming use (warehousing and storage in a CG district) approved by the Owasso Board of Adjustment on 2/28/23 • First Christian Church Owasso (addition)- 10100 N Garnett Rd • Site Plan approved • Under Construction NEW RESIDENTIAL DEVELOPMENT Annexation 7.- -oninb •N /A I•OPUD 23 -OS, Morey Apartments- Near SE corner of E 86 St N &N 125 E Ave oPlanned Unit Development request to allow for an 8 -unit multi - family complex approved by City Council on 9/19/23 •flamer Quad - Plexes- north of NW comer of 96 St & Mingo Rd oFinaI Plat to be reviewed by the City Council on 4/16/24 oPlanned Unit Development request to allow for an 12 -unit multi - family complex approved by City Council on 9/19/23 *Villas at Stonebridge II- 12924 E 76 St N oFinal Plat approved by City Council on 2/20/24 o0riginally approved on 3/21/23, but has since expired • Fairway Villas- SE corner of 89 St & 97 E Ave oPreliminary Plat approved by Planning Commission on 1/8/24 •Kelly Acres- North of NW corner of 96 St & Mingo Rd oFinal Plat approved by City Council on 12/19/23 •Twill Johnson Ranch -NW corner of E 101 St N & N 129 E Ave oFinal Plat approved by City Council on 9/19/23 -Presley Hollow Phase II & III- East of NE corner of E 76 St N & N 145 E Ave oPreliminary Plat approved by the Planning Commission on 8/15/23 •Hawthorne at Stone Canyon, Phase II- SW of the intersection of E 76 ST N and N 193 E Ave oPreliminary Plat approved by Planning Commission on 6/12/23 -Smith Farm Village - SE corner of E 96 St N and N Garnett Rd 062 single - family lots, to serve as dedicated rental community oPreliminary Plat (for residential portion) approved by Planning Commission in 10/2021 *Reunion at Owasso Phase III —NW corner of E 98 St N and N 119 E Ave (behind Lowes) o39 unit multi - family complex for seniors o5ite Plan reviewed by the Technical Advisory Committee on 2/15123 -Owasso Senior Living (ON HOLD)- SW corner of E 101 St N & N 123 E Ave o62 unit multi - family complex for seniors oSite Plan reviewed by the Technical Advisory Committee on 11/16/22 *Keys Landing II- NW of intersection of E 66 St N & N 129 E Ave o94 of 94 single - family lots remaining • Morrow Place Phase III- East of SE corner of E 126 St N & N 129 E Ave o73 of 98 single - family lots remaining -Villas at Cypress Crossing- NE corner of E 99 St N & US -169 Service Rd • Hawk's Landing- East of SE corner of E76 St N & N 145 E Ave 045 of 70 single - family lots remaining -Casa del Mar (apartment portion) -SE corner of 86 & Memorial o240 unit multi - family complex, to be built in phases • Parker (formerly "Emery") Village Apartments— NE of the intersection of E 106 St N and N Garnett Rd o36 of 120 single - family lots remaining 0262 unit multi- family apartment complex •Twill at Bailey Creek- NE corner of E 96 St N and N Mingo Rd o104 unit detached multi - family complex *Hawthorne at Stone Canyon, Phase I —SW of the intersection of E 76 ST N and N 193 E Ave o3 of 19 single- family lots remaining -Presley Hollow— North side of 76 St N and N 161 E Ave o28 of 197 single - family lots remaining *Reunion at Owasso— NW corner of E 98 St N and N 119 E Ave (behind Lowes) 022 unit multi - family complex for seniors *Stone Creek of Owasso —SW corner of E 76 St N and N 161 E Ave o49 of 100 single - family lots remaining •Nottingham Hill —SW corner of E 96 St N and N 145 E Ave o14 of 58 single - family lots remaining Would you like to see a map of where some of these developments are occuring? Please scan here! RESIDENTIAL SINGLE FAMILY NEW CONSTRUCTION MONTH END REPORT FEBRUARY 2024 Month 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1 January 12 15 9 8 9 9 7 35 8 14 2 February 19 26 15 8 8 4 8 11 4 31 3 March 23 18 55 19 4 12 9 8 29 45 4 April 27 23 20 17 6 8 _ 49 25 13 5 May 15 9 11 20 4 5 19 24 19 6 June 11 31 5 7 5 22 24 7 11 6,285,015 7 July 20 1.6 9 14 11 11 34 7 8 8 August 33 15 12 6 6 35 17 1 23 9 September 13 15 6 2 7 17 33 3 13 10 October 23 12 7 3 21 7 24 2 11 11 November 25 6 19 7 2 10 20 5 3 12 December 7 3 9 6 3 7 14 3 25 Totals 228 189 177 117 86 147 258 131 167 45 YID 31 41 24 16 17 13 15 46 12 45 TOTAL NEW CONSTRUCTION DOLLARS FOR EACH YEAR 45,000,000 30,000,000 ------------------------------- - 'ij` 15,000,000 ____ ___________— _ _______________________________ 2020 2021 2022 2023 2024 TOTAL 17,967,497 38,080,961 20,280,175 30,600,920 7,686,780 FEBRUARY YEAR -TO -DATE COUNT 50 – – – – -- – – – -- ----- – ----- ----- -- -- 40 ------------ -- ----- – ---- – ---- -- ---- ----- – ---- ---- — __- --- ------ ------ ----- ------ --- 30 - .. ------ ---------------------------- °------------- ------------- ---- - ----------- ----- -- 20 -- ------ ------ --- ..... ---- ------ ___- --- --- ----- --- - ------ ------- ---- -- -- -- 10 ----- -- -------- ----- '. --- 0 , 2D15 2016 1 2017 1 2018 2019 1 2020 1 2021 2022 1 2023 2024 FEBRUARY 31 41 24 16 17 13 15 46 12 45 FEBRUARY YEAR -TO -DATE DOLLARS 10,000,000 8,000,000 6,000,000 ---------------------------------------------------------------------------------------------------------------- -- — --- – ---------- – ----- – ---- – ---- – --- -- --------------------------------------- 4,000,000 °----°---------- ---- -------- ----- -- ^----------- ------------------------------------- 2,000,000 - --- - - - - -- - - - - - -- 0 2020 1 2021 1 2022 1 2023 1 2024 FEBRUARY 1,971,365 2,189,475 6,285,015 2,634,750 7,686,780 TOTAL NEW CONSTRUCTION DOLLARS FOR EACH YEAR 45,000,000 30,000,000 ------------------------------- - 'ij` 15,000,000 ____ ___________— _ _______________________________ 2020 2021 2022 2023 2024 TOTAL 17,967,497 38,080,961 20,280,175 30,600,920 7,686,780 CITY OF OWASSO RESIDENTIAL LOT INVENTORY STATUS February 29, 2024 SUBDIVISION # OF LOTS # DEVELOPED Hawk's Landing (6/21) 70 25 Hawthorne at Stone Canyon Ph 1 (3/20) 19 16 Keys Landing II (12/23) Misc. Morrow Place III (11/23) Nottingham Hill (6/09) Parker Village (4/21) Presley Hollow (3/21) Stone Creek at Owasso (9/20) TOTALS 94 0 1 1 98 25 58 44 # AVAILABLE 45 3 94 0 73 14 120 84 36 197 169 28 100 51 49 757 415 342 RESIDENTIAL MULTI - FAMILY NEW CONSTRUCTION MONTH END REPORT FEBRUARY 2024 (Initial recording began May 2016) Month 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1 January 8,000,000 4 0 0 0 0 107 0 0 2 February 2025 6 0 0 0 0 4 _ 14 0 3 March 0 *13 0 64 0 22 0 0 4 April 0 4 0 0 0 6 0 FEBRUARY 5 May 0 0 0 0 0 0 262 0 6 June 0 0 0 0 0 0 240 0 7 July 0 0 0 0 0 0 0 366 8 August 0 0 0 0 0 0 0 42 9 September 0 4 9 0 0 0 36 0 10 October 0 0 0 0 0 0 0 0 11 November 0 0 0 0 0 0 0 0 12 December 0 *10 0 0 58 0 0 0 Totals 0 37 13 64 58 22 655 422 0 0 YTD 0 10 0 0 0 0 111 14 0 0 *Units part of mixed use projects. Construction dollars counted towards new commercial. FEBRUARY YEAR -TO -DATE COUNT 120 90,000,000 12,000,000 ----- --- — --- — ---- — — — — — — — ------------------ - - - - -- — - -• ^••- 100 10,000,000 -- -- --- - ---- ---- _- - °—- ---- ° -- - -- --------.__—_•----•-------_—_°------------ ------- ----- -- 8,000,000 80 2017 2018 2019 2020 60 2022 2023 2024 2025 40 10 0 0 0 20 111 2022 14 0 0 FEBRUARY 0 0 12,212,468 0 0 FEBRUARY FEBRUARY YEAR -TO -DATE DOLLARS 14,000,000 90,000,000 12,000,000 ----- --- — --- — ---- — — — — — — — ------------------ - - - - -- — - -• ^••- — -^•—•—•—'-----•----------------- 10,000,000 -- -- --- - ---- ---- _- - °—- ---- ° -- - -- --------.__—_•----•-------_—_°------------ ------- ----- -- 8,000,000 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 0 0 0 0 111 2022 14 0 0 FEBRUARY YEAR -TO -DATE DOLLARS 14,000,000 90,000,000 12,000,000 ----- --- — --- — ---- — — — — — — — ------------------ - - - - -- — - -• ^••- — -^•—•—•—'-----•----------------- 10,000,000 -- -- --- - ---- ---- _- - °—- ---- ° -- - -- --------.__—_•----•-------_—_°------------ ------- ----- -- 8,000,000 - -_ -- - --- -- _ —_— -- .... — ... —•••- — 6, 000, 000 ---------- -- ---- ---- °----------- ---- --- -- ----- ----- - °-- ---------_ —_ -------- ---- --------------------- 4,000,000 — -- — — — — — ° ----- .... — .... —•••••—••-•— ..... —•'•—•—•••- --------- k21 2,000,000 — — — --------- — ---------- — 2020 2021 2022 TOTAL 0 2020 2021 2022 2023 2024 FEBRUARY 0 0 12,212,468 2,150,000 0 TOTAL NEW CONSTRUCTION DOLLARS FOR EACH YEAR 90,000,000 75,000,000 ° — — -- — -- -- -- - - -- — -^•—•—•—'-----•----------------- 60,000,000 ----------- •-- ---------- ----- ----------- -' ------- ----- -- 45,000,000 ----------------- --- -- ------ ----- ----- ---- ----- — 30.000,000 -•------------ ••—•---- ----- ----- ----- ---- ---- -------- ---- --------------------- 15,000,000 -----°----- ------ -- -- --'--- --- ----- ---- --- --------- k21 2024 2020 2021 2022 TOTAL 4,800,000 1,239,000 82,454,792 45,437,640 - COMMERCIAL NEW CONSTRUCTION MONTH END REPORT FEBRUARY 2024 Month 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1 January 1 2 2 0 0 1 1 0 1 1 2 February 2 1 0 0 3 0 0 3 2 3 3 March 2 0 2 3 2 1 1 8 1 4 April 2 0 0 0 0 0 3 2 3 5 May 0 0 1 2 1 0 0 1 3 6 June 3 2 0 1 1 2 2 3 1 7 July 0 2 0 2 0 2 2 0 0 8 August 0 2 2 1 2 0 2 2 2 9 September 2 3 1 1 2 1 3 1 2 10 October 1 2 0 0 0 1 0 1 0 11 November 1 1 2 1 0 1 3 2 1 12 December 0 0 0 0 0 0 1 0 2 Totals 14 15 10 11 11 9 18 23 18 4 YTD 3 3 2 0 3 1 1 3 3 4 FEBRUARY YEAR -TO -DATE COUNT 25 -�- 20 ------------------------------------------------------- ---------- _ ------------------------- ---- ------------------ -------- 15 --------------------------------------------------------------------------------------------------------------------------- 10 -__---°"------------------------------------------------------------------------------------------------------------ 5 -°_..-- --- – ----- – --------- – ---- – ---------------- – ---- — ---------- -------.............. –"'— °- _ ...... °......... 56,068,466 25,134,256 0 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 FEBRUARY 3 3 2 0 3 1 1 3 3 4 -------------- -------- - ---- '!T' FEBRUARY YEAR -TO -DATE DOLLARS 10,000,000 2020 2021 2022 023 2024 8,000,000 ----------------------------------------------------------------------""-------- 6,000,000 ----------------------------------------------------------------------------------- -------------------------------- 4,000,000 --- ---- ------------------------------------------------ ----------------- ----- --- ----- ---- --- ------ 2,000,000 ----- - -------------------------------------------------------------- -------- ----------- -- ------- _ r; 0 2020 2021Y 2022 2023 �– 2024 FEBRUARY 1,000,000 620,000 1,650,000 8,203,000 5,450,000 TOTAL NEW CONSTRUCTION DOLLARS FOR EACH YEAR 60,000,000 25,640,180 56,068,466 25,134,256 32,518,744 5,450.000 45,000,000 30,000,000 15,000,000 :27:1M -------------- -------- - ---- '!T' 2020 2021 2022 023 2024 TOTAL 25,640,180 56,068,466 25,134,256 32,518,744 5,450.000 Certificate of Occupancy Monthly List NAME ADDRESS 2/20/2024 DATE COMPLETE FEBRUARY 2024 Eagle Window Tint 314 E 5 Ave, #201 2/14/2024 Yes Spencer's Gifts 12305 E 96 St N 2/20/2024 Yes Code Wiz 12500 E 86 St N, #102 2/29/2024 Yes JANUARY 2024 7301 N Owasso Exp, Build A, Unit 110 12/19/2023 Yes T3 Management - Prime Cannabis 427 E 2 Ave 1/16/2024 Yes Pose Studio 7301 N Owasso Exp, Build A, Unit 120 1/18/2024 Yes Bounce Owasso 7301 N Owasso Exp, Build M, Unit 100 -115 1/19/2024 Yes Icy Melts Direct 7794 N Owasso Exp, #3338 1/23/2024 Yes DECEMBER 2023 Parker Village - Clubhouse 10703 N Garnett Rd 12/7/2023 Yes Texas Roadhouse 9311 N Owasso Exp 12/8/2023 Yes Redbud Event Center 405 W 2 Ave 12/15/2023 Yes Great Plains Mattress 7301 N Owasso Exp, Build A, Unit 110 12/19/2023 Yes Cava 11340 E 96 St N, #500 12/20/2023 Yes SAHO Animal Hospital 401 W 2 Ave 12/27/2023 Yes Tulsa Bone & Joint 9455 N Owasso Exp, #K 12/29/2023 Yes ZP0:1 iTil 14twZi W OK Roots Farm to Market 11595 E 116 St N 11/7/2023 Yes Restore U Wellness 201 S Main St, Suite 180 11/15/2023 Yes Dutch Bros Coffee 13202 E 86 St N 11/16/2023 Yes The Dripbar 9002 N 121 E Ave #450 11117/2023 Yes 169 Business Park (white box only) 7301 N Owasso Exp, Building M 11/27/2023 Yes The Grove 7301 N Owasso Exp, Build M, Unit 120 & 125 11/27/2023 Yes Threadz Athletics & Customs 9100 N Garnett Rd, Suite K 11/29/2023 Yes Twill Bailey Creek 9803 E 96 St N 11/30/2023 No OCTOBER 2023 Eva's Massage & Day Spa 8703 N Owasso Exp, #P 10/17/2023 Yes Arribin Hills Winery 7301 N Owasso Exp, Build A, Unit 125 10/23/2023 Yes 1 Dream Distribution 7762 N Owasso Exp 10/26/2023 Yes SmokeKing 7726 N Owasso Exp, Suite A & B 10/31/2023 Yes SEPTEMBER 2023 Hillbilly Tradin Post 105 S Main St 9/6/2023 Yes Studio 31 11595 E 116 St N, #A 9/19/2023 Yes Abundant Health 8263 N Owasso Exp, #G 9/25/2023 Yes Vaya Physical Therapy & Wellness 8751 N 117 E Ave, #H 9/29/2023 Yes AUGUST 2023 Township 21 8550 N 145 E Ave 8/1/2023 Yes OPS Owasso Wellness Center 12901 E 86 St N 8/3/2023 Yes 011ie Pop 209 E 2 Ave, #2 8/3/2023 Yes $5 Gold Diggers 8751 N 117 E Ave, #A 8/3/2023 Yes Performance Repair 520 S Cedar St, #D 8/10/2023 Yes 169 Business Park (white box only) 7301 N Owasso Exp, Building E 8/16/2023 Yes Journey To Success 13315 E 112 St N, #206 8/21/2023 Yes Salad & Go 11360 E 96 St N 8/22/2023 Yes Owasso Motors 7301 N Owasso Exp, Build E, Unit 100 8/22/2023 Yes Where The Wild Things Play 117 S Main St 8/28/2023 Yes The D Taylor 7301 N Owasso Exp, Build E, Unit 125 8/30/2023 Yes Owasso Physical Therapy 8283 N Owasso Exp, #C 8/30/2023 Yes Ci,fy of Owa5.jo-- 2-00 S. MaZ, Sf: Owa5s&, OK 74055 Certificate of Occupancy Monthly List NAME ADDRESS 7/6/2023 DATE COMPLETE 1111Afg6➢ *? Pool Time 11560 N 135 E Ave, #101 -B 7/5/2022 Yes Dunkin Donuts 11420 E 96 ST N 7/6/2023 Yes 918 Family Wellness 8430 N 123 E Ave 7/11/2023 Yes JUNE 2023 13315 E 112 St N, #300 3/10/2023 Yes Foster's Auto Body 108 S Birch St 6/5/2023 Yes Evergreen Coffee Co. 11204 N Garnett Rd 6/8/2023 Yes On Call Pediatrics 12150 E 96 St N, #10 6/21/2023 Yes Healing Harvest Growers 7794 N Owasso Exp, #3338 6/26/2023 Yes Owasso Joy Academy 9000 N 145 E Ave 6/26/2023 Yes Hawaiian Bros 11602 E 96 St N 6123/2023 Yes Owasso Behavioral Health 12808 E 86 St N 6/27/2023 Yes Armstrong Bank 12401 E 86 St N 6/28/2023 Yes MAY 2023 Vision Source 10304 N Garnett Rd 5/1/2023 Yes T Nugs World of Cannabis Dispensary 11230 N Garnett Rd, #B 5/11/2023 Yes APRIL 2023 This & That Candles and More 403 E 2 Ave 4/5/2023 Yes Flourish Clothing Co 108 W 1 Ave, Suite A -1 4119/2023 Yes Baptist Children's Home 12791 E 74 St N 4/2512023 Yes MARCH 2023 First Church Owasso 10100 N Garnett Rd 31312023 Yes Caliber Collison 9155 N Owasso Exp 3/10/2023 Yes Criterion - Complete Building 13315 E 112 St N 3/10/2023 Yes Criterion - 3rd Floor Office Space 13315 E 112 St N, #300 3/10/2023 Yes Batteries Plus 12140 E 96 St N, #104 3/16/2023 Yes The Big Biscuit 8529 N 129 E Ave 3/29/2023 Yes Cify of OwayO -- 200 S. Ma 4151- Owasso; OK 74055 PERMITS APPLIED FOR IN FEBRUARY 2024 ADDRESS I BUILDER D /ZONE VALUE A.S.F. PERMIT# 8722 N Garnett Rd D.H. French Const. C /CG $ 2,000,000 6,149 24- 0201 -C 12009 E 111 St N Homeowner platted FHL/RS3 $ 396,075 5,281 24- 0202 -X 12105 E 96 St N Crown Neon Signs M /CS $ 7,500 64 24- 0203 -S 7415 N 155 E Ave D.R. Horton - TX $ 152,850 2,038 24- 0204 -X 7417 N 155 E Ave D.R. Horton - TX L /RS3 $ 176,775 2,357 24- 0205 -X 7503 N 155 E Ave D.R. Horton - TX HL /RS3 $ 172,500 2,300 24- 0206 -X 7505 N 155 E Ave D.R. Horton - TX HL /RS3 $ 152,850 2,038 24- 0207 -X 7501 N 155 E Ave D.R. Horton - TX HL /RS3 $ 152,850 2,038 24- 0208 -X 7507 N 155 E Ave D.R. Horton - TX HL /RS3 $ 145,875 1,945 24- 0209 -X 11111 N 143 E Ave Service Master by RSI CP /RS3 $ 198,000 1,700 24- 0210 -X 19104 E Beecher Ct Galaxy Home Rec. HSC /RS3 $ 60,000 480 24- 0211 -P 19105 E Beecher Ct Baker Pools HSC /RS3 $ 90,000 630 24- 0212 -P 15921 E 75 St N Shaw Homes SC /RS3 $ 179,400 2,392 24- 0213 -X 10105 E 93 St N Tarian's Handyman Serv. FWIV /RS3 $ 12,000 160 24- 0214 -X 13304 E 123 PI N Simmons Homes MPIII /RS3 $ 155,050 2,215 24- 0215 -X 12307 N 134 E Ct Capital Homes MPIII /RS3 $ 139,580 1,994 24- 0216 -X 11503 E 101 St N Master Design Homes BRE /RS3 $ 86,162 400 24- 0217 -X 12140 E 96 St N #110 M & J Signs RBCC /CS $ 4,000 33 24- 0218 -S 12025 E 106 PI N Capital Homes PV /RS3 $ 178,950 2,386 24- 0219 -X 12021 E 106 PI N Capital Homes PV /RS3 $ 195,900 2,612 24- 0220 -X 10709 E 86 St N McKinney Construction AH3A /CS $ 180,000 2,386 24- 0221 -C 11501 N 135 E Ave Heritage Construction GCCC /CS $ 117,886 2,394 24- 0222 -C 109 W 1 Ave Premier Perform. Const. OT /CS $ 200,000 6,900 24- 0223 -C 7301 N Owasso Exp., Build B Commercial Wallboard 169BP/IL $ 1,200,000 12,000 24- 0224 -C 13133 E 116 St N Duffy Construction MC /CS $ 1,250,000 10,000 24- 0225 -C 7411 N 155 E Ave D.R. Horton - TX HL /RS3 $ 145,875 1,945 24- 0226 -X 7413 N 155 E Ave D.R. Horton -TX HL /RS3 $ 176,775 2,357 24- 0227 -X 7405 N 155 E Ave D.R. Horton - TX HL /RS3 $ 176,775 2,357 24- 0228 -X 7409 N 155 E Ave D.R. Horton - TX HL /RS3 $ 172,500 2,300 24- 0229 -X 7407 N 155 E Ave D.R. Horton -TX HL /RS3 $ 152,850 2,038 24- 0230 -X 7511 N 155 E Ave D.R. Horton - TX HL /RS3 $ 172,500 2,300 24- 0231 -X 7515 N 155 E Ave D.R. Horton - TX HL /RS3 $ 176,775 2,357 24- 0232 -X 7517 N 155 E Ave D.R. Horton -TX HL /RS3 $ 152,850 2,038 24- 0233 -X 7509 N 155 E Ave D.R. Horton - TX HL /RS3 $ 176,775 2,357 24- 0234 -X 7513 N 155 E Ave D.R. Horton - TX HL /RS3 $ 152,850 2,038 24- 0235 -X 11340 E 96 St N Metro Sign SFV /CS $ 2,500 40 24- 0236 -S 7406 N 159 E Ave Shaw Homes SC /RS3 $ 194,550 2,594 24- 0237 -X 7406 N 155 E Ave D.R. Horton - TX HL /RS3 $ 176,775 2,357 24- 0238 -X 7404 N 155 E Ave D.R. Horton - TX HL /RS3 $ 152,850 2,038 24- 0239 -X 7408 N 155 E Ave D.R. Horton -TX HL /RS3 $ 152,850 2,038 24- 0240 -X 7412 N 155 E Ave D.R. Horton - TX HL /RS3 $ 176,775 2,357 24- 0241 -X 7414 N 155 E Ave D.R. Horton - TX HL /RS3 $ 145,875 1,945 24- 0242 -X 7416 N 155 E Ave D.R. Horton -TX HL /RS3 $ 152,850 2,038 24- 0243 -X Ci py of OwaySo-200 S. M&LfvSf. Owasso-, OK 74055 PERMITS APPLIED FOR IN FEBRUARY 2024 31 Single Family $ 5,356,980 71,707 SgFt 3 Residential Remodel $ 296,162 2,260 SgFt 3 New Commercial $ 4,450,000 28,149 SgFt 3 Commercial Remodel $ 497,886 11,680 SgFt 3 Signs $ 14,000 137 SgFt 2 Pool $ 150,000 1,110 SgFt 45 Total Building Permits $ 10,765,028 115,043 SgFt City of Owasw2oo S. Mai, Sf Owal, o, OK 74055 City of Owasso Public Work Department STATUS REPORT March 5, 2024 - Garnett Road Widening (E 106 St N to E 116 St N) - Engineering design is 95% complete. - Land acquisition is complete. - Utility relocation continues, with completion expected in spring of 2024; followed by roadway construction in summer of 2024. Mingo and E 116 St N Intersection /E 116 St N from Minao to Garnett Road Improvements - On February 21, 2023, City Council approved construction contract with Crossland Heavy Construction. - Construction commenced in May 2023, with completion expected by September 2024. - The roadway improvements on the westside of E 116 and Mingo Road intersection will begin March 4th, with completion expected by mid - April 2024. During this time, E 116 St N from Memorial to Mingo will be closed to thru traffic. - Concrete placement continues on E 116 St N from Mingo to approximately N 108 E Ave. In addition, the Sports Park northern access point is back open. However, the access road will be temporarily closed for one day in the summer of 2024 to install the remaining two inches of asphalt to the roadway. E 96 St N from approximately N 119 E Ave to N 129 E Ave Improvements - With the cost exceeding the budget by $3 million, the project has been split into two phases. - The east phase will include improvements from the US 169 bridge and E 96 St N to N 129 E Ave. Bid letting is expected to occur in April 2024, with construction commencing in June 2024. - The west phase will include improvements from N 119 E Ave to US 169 and E 96 St N bridge. Bid letting is expected to occur in October 2024, with construction commencing in January 2025. - E 106 St N and N 129 E Ave Intersection Improvements - Engineering design is approximately 90% complete. - Right -of -way negotiations continue with 2 out of the 17 property owners. - VVEC is currently relocating poles on the NE corner of the project. - Remaining utility relocation will commence as soon as the remaining right - of -way is acquired. Ranch Creek Interceptor Improvements from E 96 St N to E 116 St N - In January 2024, OPWA approved a construction contract with Timberwolf Construction. - Construction is expected to commence in March 2024, with completion by February 2025. 2022 Street Rehabilitation Project - The street rehab project is separated into two phases as shown below: • First Phase - Various street improvements in Baptist Retirement Center, Elm Creek Estates, Three Lakes II and Coffee Creek subdivisions are complete. • Second Phase - N 97 E Ave (Mingo Rd) from E 96 St N to E 116 St N - Cooperative effort between Tulsa County and City of Owasso to do full depth reclamation of the asphalt roadway. Construction is scheduled to commence in April 2024. • Third Phase - January 30, 2024, Tulsa County commenced with the asphalt overlay on E 76 St N from N 129 E Ave to N 145 E Ave. Roadway Improvements along with roadway striping is complete. E 96 St N and N 145 E Ave Intersection Improvements - In November 2021, City Council approved an engineering agreement with Garver LLC. - Engineering design is approximately 95% complete. - Land acquisition continues with 4 of the 13 property owners. - Utility relocation will commence once right -of -way is acquired. - E 76 St N and US 169 Bridge Improvements - In February 2022, ODOT approved a construction contract with Becco Construction. - Public Works provided a punch list to ODOT in January 2024. Contractor is expected to have the items corrected by early March 2024. E 96 St N from N 134 E Ave to N 145 E Ave Improvements - In July 2022, City Council approved an engineering agreement with Garver Engineering. - Engineering design is approximately 80% complete. - Land acquisition is scheduled to commence in March 2024; followed by utility relocation. - 2023 Street Rehabilitation Proiect (Main Street Improvements) - Construction phase will be separated into two phases. First phase - Street Improvements from 3rd Street to 11th Street will commence before June 1, 2024, with completion by November 2024. Second Phase - Street Improvements from Broadway to 3rd Street will commence in November 2024, with completion by February 2025. - Public Works and Vehicle Maintenance Facility - In October 2022, OPWA approved an architectural /engineering agreement with Beck Design. - The schematic design is complete. - The 50% set of plans have been reviewed and comments provided to Beck Design. - Original Elm Creek Interceptor Rehabilitation - In January 2024, OPWA approved a construction contract with Insituform Technologies, LLC. - Construction is expected to commence in March 2024, with completion by August 2024. 777th Force Main Replacement - In March 2021, OPWA approved an engineering agreement with Kellogg Engineering, Inc. - Engineering design is approximately 95% complete. - Easement obtainment commenced in October 2023; followed by construction. - Land acquisition continues with 7 of the 9 property owners. - Morrow Gravity Sanitary Sewer Line Extension - Bid letting will occur on March 7, 2024, with construction commencing in May 2024. March 2024 Sales &Use Tax Report ON oM., Cruraalar•REAL Cwnmenly Total Monthly Sales Tax Comparison x,$00,400 x,a0a,000 $40,000,000 $3.000,000 $2,500,000 $2,000,000 sl,5a0,aoo $20,000,000 $1,000,000 $15,000,000 ssaamo s Jul Aug Sep Ocl Nov Dec Jan Feb Mar Apr May Jun - -AMN r— BUdpa1 + -4at Year Year -to -Date Sales Tax Total 3501000,000 393,000,000 $40,000,000 535,000,000 330p00.000 $2spgg.aaa $20,000,000 $15,000,000 $10,000,000 $5,000,000 s Jul Aug Sep Oct N. pee Jan Feb Mar Apr May Jun .0oand - Budget - .` -L-- Year City of Owasso Total Sales & Use Tax Report Budget to Actual Comparison March 8, 2024 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Totals 2023 -24 2023 -24 Actual Collections Budget Projections Over (Under) Projection Amoun Percent Amount Perce Amoun t Percent $ 4,295,419 8.9% $ 4,082,105 8.4% $ 213,315 5.2% 4,311,089 8.9% 4,264,232 8.8% 46,857 1.1% 4,079,861 8.4% 4,126,962 8.5% (47,100) -1.1% 4,257,747 8.8% 4,147,662 8.5% 110,085 2.7% 4,093,428 8.4% 4,120,139 8.5% (26,711) -0.6% 4,255,198 8.8% 4,245,038 8.8% 10,160 0.2% 4,679,710 9.6% 4,625,008 9.5% 54,702 1.2% 4,722,849 9.7% 4,631,229 9.5% 91,620 2.0% 3,682,235 7.6% 3,716,828 7.7% (34,593) -0.9% $ 38,377,536 79.1% $ 37,959,202 78.2% $ 418,335 1.1% City of Owasso Total Monthly Sales Tax Revenues Last Five Fiscal Years 2023 -2024 2022 -2023 2021 -2022 2020 -2021 2019 -2020 Jul $ 3,809,901 $ 3,859,805 $ 3,440,377 $ 3,464,240 $ 3,005,671 Aug 3,892,331 3,888,306 3,558,829 3,386,133 2,968,434 Sep 3,629,534 3,743,687 3,522,962 3,227,732 2,969,838 Oct 3,839,191 3,767,889 3,653,860 3,093,584 3,067,281 Nov 3,686,934 3,750,140 3,443,276 3,162,417 2,855,219 Dec 3,777,373 3,854,603 3,538,043 3,214,507 3,105,262 Jan 4,107,128 4,145,010 3,890,744 3,466,684 3,399,527 Feb 4,109,253 4,055,635 4,033,475 3,406,382 3,294,059 Mar 3,270,677 3,334,731 2,990,573 2,987,980 2,677,677 Apr - 3,659,838 3,491,187 2,803,716 2,845,063 May - 4,018,971 3,726,630 3,596,560 2,953,020 Jun - 3,797,070 3,678,903 3,714,051 2,907,154 $ 34,122,322 $ 45,875,686 $ 42,968,861 $ 39,523,987 $ 36,048,205 City of Owasso Total Sales Tax Report Budget to Actual Comparison March 8, 2024 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Totals 2023 -2024 2023 -2024 Actual Collections Budget Projections Over (Under) Projection Amount Percent Amount Percent Amount Percent $ 3,809,901 8.8% $ 3,700,059 8.5% $ 109,842 3.0% 3,892,331 9.0% 3,871,550 8.9% 20,781 0.5% 3,629,534 8.4% 3,739,518 8.6% (109,984) -2.9% 3,839,191 8.8% 3,756,713 8.7% 82,478 2.2% 3,686,934 8.5% 3,729,646 8.6% (42,711) -1.1% 3,777,373 8.7% 3,827,948 8.8% (50,574) -1.3% 4,107,128 9.5% 4,124,581 9.5°% (17,453) -0.4% 4,109,253 9.5% 4,055,931 9.3% 53,322 1.3% 3,270,677 7.5% 3,352,286 7.7% (81,609) -2.4% $ 34,122,322 78.6% $ 34,158,232 78.7% $ (35,910) -0.1% City of Owasso Total Sales Tax Report Two Year Comparison March 8, 2024 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun 2023 -2024 2022 -2023 Increase or (Decrease) Percent Percent _ Amount of Budget Amount of Actual Amount Percent $ 3,809,901 8.8% $ 3,859,805 8.4% $ (49,905) -1.3% 3,892,331 9.0% 3,888,306 8.5% 4,026 0.1% 3,629,534 8.4% 3,743,687 8.2% (114,153) -3.0% 3,839,191 8.8% 3,767,889 8.2% 71,302 1.9% 3,686,934 8.5% 3,750,140 8.2% (63,206) -1.7% 3,777,373 8.7% 3,854,603 8.4% (77,230) -2.0% 4,107,128 9.5% 4,145,010 9.0% (37,882) -0.9% 4,109,253 9.5% 4,055,635 8.8% 53,617 1.3% 3,270,677 7.5% 3,334,731 7.3% (64,054) -1.9% Totals $34,122,322 78.6% $34,399,807 75.0% $ (277,485) -0.8% Fiscal Year 2024 Sales Tax Budget is $43.403 million; Fiscal Year 2023 Sales Tax Budget was $43.913 million. City of Owasso Monthly Use Tax Revenues Last Five Fiscal Years 2023 -2024 2022 -2023 2021 -2022 Jul $ 485,519 $ 401,124 $ 326,380 Aug 418,758 363,566 404,700 Sep 450,327 425,319 318,417 Oct 418,556 357,484 392,609 Nov 406,494 406,252 339,020 Dec 477,825 422,765 368,226 Jan 572,582 478,272 487,449 Feb 613,597 574,438 509,782 Mar 411,558 378,203 330,651 Apr - 440,597 310,281 May 505,331 390,745 Jun - 415,151 348,589 $ 4,255,214 $ 5,168,503 $ 4,526,849 Fiscal Year 2024 Use Tax Budget Is $5.061 million 2020 -2021 2019 -2020 $ 320,463 $ 224,427 308,877 213,728 319,035 258,541 322,295 211,009 325,866 212,040 353,105 226,537 406,969 280,550 493,847 404,153 291,099 187,882 286,867 233,275 439,483 257,842 316,929 321,127 $ 4,184,835 $ 3,031,109 City of Owasso Total Use Tax Report Two Year Comparison March 8, 2024 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Totals 2023 -2024 2022 -2023 Increase or (Decrease) Percent Percent Amount of Budget Amount of Actual Amount Percent $ 485,519 9.6% $ 401,124 7.8% $ 84,395 21.0% 418,758 8.3% 363,566 7.0% 55,192 15.2% 450,327 8.9% 425,319 8.2% 25,008 5.9% 418,556 8.3% 357,484 6.9% 61,072 17.1% 406,494 8.0% 406,252 7.9% 241 0.1% 477,825 9.4% 422,765 8.2% 55,060 13.0% 572,582 11.3% 478,272 9.3% 94,309 19.7% 613,597 12.1% 574,438 11.1% 39,159 6.8% 411,558 8.1% 378,203 7.3% 33,355 8.8% $ 4,255,214 84.1% $ 3,807,424 73.7% $ 447,790 11.8%