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HomeMy WebLinkAbout2008.02.14_OEDA AgendaPUBLIC NOTICE OF THE MEETING OF THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY TYPE OF MEETING: Regular DATE: February 14, 2008 TIME: 10:00 a.m. PLACE: Owasso City Hall, Lower Level Conference Room 111 N. Main Owasso, Oklahoma A meeting agenda has been filed in the office of the City Clerk and posted on the City Hall bulletin board at S:OOpm on Tuesday, Februaay 12 200 Qom.-. g Ju ' ln M. Stevens, Deputy City Clerk AGENDA 1. Call to Order Mr. Sokolosky, Chairman 2. Consideration and appropriate action relating to a request for Trustee approval of the Consent Agenda. All matters listed under "Consent" are considered by the Trustees to be routine and will be enacted by one motion. Any Trustee may, however, remove an item from the Consent Agenda by request. A motion to adopt the Consent Agenda is non- debatable. A. Approval of minutes of the December 13, 2007 Regular Meeting and January 10, 2008 Regular Meeting. Attachment # 2 -A B. Approval of claims. Attachment # 2 -B C. Acceptance of the monthly financial report. Attachment # 2 -C 3. Consideration and appropriate action relating to a request for Trustee approval to transfer excess funds related to the Vanguard loan from the OEDA to the City of Owasso, General Fund. Mr. Ray Attachment # 3 Staff will recommend Trustee approval to transfer funds in the amount of $24,689.72 from the OEDA to the City of Owasso, General Fund. OEDA February 14, 2008 Page 2 4. Report from Community Development Director Mr. Wiles Attachment # 4 5. Report from the Public Works Director Mr. Stevens Attachment # 5 6. Report from OEDA Manager Mr. Ray 7. Report from OEDA 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. OWASSO ECONOMIC DEVELOPMENT AUTHORITY MINUTES OF REGULAR MEETING Thursday, December 13, 2007 The Owasso Economic Development Authority met in regular session on Thursday, December 13, 2007 in the Main Conference Room at Owasso City Hall per the Notice of Public Meeting and Agenda posted on the City Hall bulletin board at 5:00 p.m. on Friday, December 7, 2007. ITEM 1: CALL TO ORDER & ROLL CALL Chairman Dee Sokolosky called the meeting to order at 10:07AM. PRESENT OTHERS Dee Sokolosky, Chairman Randy Cowling, Owasso Reporter Frank Enzbrenner, Trustee Tom Kimball, Trustee Steve Cataudella, Trustee Bryan Spriggs, Trustee A quorum was declared present. ABSENT David Charney, Vice Chairman Gary Akin, Secretary STAFF Rodney Ray, City Manager Roger Stevens, Public Works Eric Wiles, Community Development Julie Lombardi, General Counsel Rickey Hayes, Economic Development Juliann Stevens, Recording Clerk ITEM 2: CONSIDERATION AND APPROPRIATE ACTION REALTING TO A REQUEST FOR TRUSTEE APPROVAL OF THE CONSENT AGENDA. A. Approval of minutes of the October 11, 2007 Regular Meeting and the October 25, 2007 Special Meeting. B. Approval of claims —no claims C. Acceptance of the monthly financial report Mr. Sokolosky requested to table item B (Approval of Claims) for further review. Mr. Enzbrenner moved, seconded by Mr. Kimball, to approve items A and C of the consent agenda. AYE: Enzbrenner, Kimball, Cataudella, Sokolosky, Spriggs NAY: None ABSTAIN: None Motion carried 5 -0. ITEM 3: BRIEFING AND UPDATE ON THE VANGUARD LOAN REPAYMENT Mr. Ray presented an update regarding his discussions with Vanguard and Enterprise representatives on the repayment of a loan with Vanguard. Mr. Ray advised that City Attorney, Julie Lombardi, is working diligently with Vanguard legal counsel to ensure communication remains open and a solution is agreed upon. Owasso Economic Development Authority December 13, 2007 ITEM 4: REPORT FROM COMMUNITY DEVELOPMENT DIRECTOR Mr. Wiles provided an update on the November building permit report. Mr. Wiles reported that the Planning Commission meeting for December was cancelled due to the ice storm and all items would be rescheduled for the January 08 meeting. Mr. Charney arrives. Mr. Wiles advised that the Masterplan Steering committee continues their work to update and revise the current Masterplan and such completion is scheduled for January 08. ITEM 5: REPORT FROM PUBLIC WORKS DIRECTOR Mr. Stevens gave a project status report on various capital improvement projects and other Public Works related items. ITEM 6: REPORT FROM ECONOMIC DEVELOPMENT DIRECTOR Mr. Hayes provided an overview of his report included in the agenda packet. Discussion was held regarding items contained in the report. ITEM 7: REPORT FROM OEDA MANAGER No report. ITEM 8: REPORT FROM OEDA TRUSTEES No report. ITEM 9: NEW BUSINESS None. ITEM 10: ADJOURNMENT Motion made by Mr. Charney, seconded by Mr. Cataudella to adjourn. At 11:16 am, the meeting was adjourned. AYE: Charney, Cataudella, Enzbrenner, Kimball, Sokolosky, Spriggs, NAY: None ABSTAIN: None Motion carried 6 -0. Juliann M. Stevens, Minute Clerk -2- OWASSO ECONOMIC DEVELOPMENT AUTHORITY MINUTES OF REGULAR MEETING Thursday, January 10, 2008 The Owasso Economic Development Authority was scheduled to meet in regular session on Thursday, January 10, 2008 in the Main Conference Room at Owasso City Hall per the Notice of Public Meeting and Agenda posted on the City Hall bulletin board at 5:00 p.m. on Friday, January 4, 2008. The January 10, 2008 OEDA meeting was cancelled due to a lack of quorum. Juliann M. Stevens, Recording Secretary Date: CITY OF OWASSO OWASSO ECONOMIC DEVELOPMENT AUTHORITY CLAIMS TO BE PAID VENDOR DESCRIPTION AMOUNT NO CLAIMS FOR January 2008 Owasso Economic Development Authority Statement of Revenues, Expenses and Changes in Fund Net Assets For the Month Ending January 31, 2008 MTD YTD Budget Operating Revenues $0.00 $0.00 $0.00 Operating Expenses: Materials & supplies 0.00 0.00 0.00 Services & other charges 0.00 0.00 2,000.00 Capital outlay 0.00 0.00 0.00 Total Operating Expenses 2,000.00 0.00 0.00 Operating Income (Loss) 0.00 (2,000.00) 0.00 Non - Operating Revenues (Expenses): Investment income 51.15 135.26 300.00 Promissory note revenue 1,100,000.00 1,200,000.00 1,200,000.00 RAN debt service & other costs (1,102,109.59) (1,203,654.80) (1,201,447.00) Total non - operating revenues (expenses) (3,519.54) (1,147.00) (2,058.44) Net income (loss) before contributions and transfers (2,058.44) (3,519.54) (3,147.00) Transfer to general fund 0.00 0.00 (26,898.00) Change in net assets (30,045.00) (3,519.54) (2,058.44) Total net assets - beginning 37,202.82 37,202.82 Total net assets - ending $7,157.82 $33,683.28 MEMORANDUM TO: HONORABLE CHAIR AND TRUSTEES OWASSO ECONOMIC DEVELOPMENT AUTHORITY FROM: SHERRY BISHOP ASSISTANT CITY MANAGER, ADMINISTRATIVE SERVICES SUBJECT: AUTHORIZE TRANSFER TO CITY GENERAL FUND DATE: February 11, 2008 BACKGROUND: On January 13, 2005, the OEDA Trustees approved Resolution No. 2005 -01 authorizing the issuance of a Revenue Anticipation Note (RAN) for $2,000,000 to fund a loan to Vanguard Car Rental USA. Final loan documents were approved by the OEDA on May 12, 2005. The City of Owasso invested $2,000,000 in the RAN issued by the OEDA. Additionally, the City of Owasso transferred $71,250 to the OEDA to fully fund the expected five -year expenses for interest on the RAN and for a letter of credit on the Vanguard loan. The final agreements with all parties were signed on June 28th and funds were transferred June 30, 2005. Vanguard began making quarterly $100,000 payments to OEDA on September 1, 2005. After each quarterly payment was received, the OEDA made payments of principal and interest to the City of Owasso. Final payment for the balance of the loan was received from Vanguard in January. Because the loan was paid off early, the actual cost to the OEDA was less than the funds advanced by the City. $27,000.00 was expended for the letter of credit and $19,560.28 was paid for interest on the RAN. The balance of funds advanced to the OEDA by the City is $24,689.72. Staff recommends that the balance of these funds be transferred back to the City's General Fund. RECOMMENDATION: Staff recommends OEDA Trustee approval to transfer $24,689.72 to the City of Owasso, General Fund. RESIDENTIAL BUILDING PERMITS (NEW CONSTRUCTION COUNTS) Month 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 January 9 12 16 45 29 21 20 23 64 54 30 31 22 13 25 ebr . .............. ... :... :: .: ..:... :::.:.: ?�...".: :.: 44........ E �...... �.......5 ?...... `�� �` March 15 28 30 34 34 51 24 48 ...... 51 38 75 65 ...... 50 . . 25 . rE I 1 63 52 3Q May 13 8 24 27 26 39 42 26 38 29 31 43 36 60 July 13 13 28 28 29 27 33 37 44 32 34 27 12 23....... September 12 20 21 24 31 29 29 29 30 52 64 35 12 17 November 15 20 13 14 26 14 18 24 26 35 31 32 13 26 Totals 162 208 293 333 401 362 377 406 524 479 528 518 336 301 25 Year to Date 9 12 16 45 29 21 20 23 64 54 30 31 22 13 25 January Year to Date Dollars 8,000,000 6,000.000 ----------------------------------------------------------------------------------- v, 4,000,000 ----------------------- - - - - -- - - -- ------------------------------------------ --- -------------- - - - - -- ----------------------------------------------- c ----------------- -- -------------0 2,000,000 - -- ---------- - - - - -- ----------------- --- ---- -------------------------------- - ------------- 0 z 1994 1996 1998 2000 2002 2004 2006 2008 New Construction Dollars Totals for Each Year 54,000,000 c 40,500,000 ----------------------- y c 27,000,000 --- - - -•-- -------------•---------•------------------ v13.500,000 ------------------------•------•-------••----------- -- --- ------- -------- --- -- - - - --- - 3 z 0 1994 1996 1998 2000 2002 2004 2006 2008 January Y60 16 Date Count u�0 y _H Yo &40 m L20 Q 'o .y 0 1994 1996 1998 2000 2002 2004 2006 2008 January Year to Date Dollars 8,000,000 6,000.000 ----------------------------------------------------------------------------------- v, 4,000,000 ----------------------- - - - - -- - - -- ------------------------------------------ --- -------------- - - - - -- ----------------------------------------------- c ----------------- -- -------------0 2,000,000 - -- ---------- - - - - -- ----------------- --- ---- -------------------------------- - ------------- 0 z 1994 1996 1998 2000 2002 2004 2006 2008 New Construction Dollars Totals for Each Year 54,000,000 c 40,500,000 ----------------------- y c 27,000,000 --- - - -•-- -------------•---------•------------------ v13.500,000 ------------------------•------•-------••----------- -- --- ------- -------- --- -- - - - --- - 3 z 0 1994 1996 1998 2000 2002 2004 2006 2008 CITY OF OWASSO RESIDENTIAL LOT INVENTORY STATUS January 31, 2008 SUBDIVISION # OF LOTS # DEVELOPED # AVAILABLE Barrington Point III (8/96) 32 30 2 Bradfords at Silver Creek (2/98) 83 82 1 Brentwood Village (6/99) 64 62 2 Broadmore Heights (10/92) 32 28 4 Camelot Estates (4/07) 139 15 124 Central Park II (7/97) 96 95 1 Coffee Creek (04/01) 101 100 1 Coffee Creek II (12/05) 79 56 23 Country Estates II (6/97) 193 191 2 Country Estates III (3/99) 61 58 3 Country Estates VI (11/03) 37 36 1 Double Oaks III (8/93) 63 62 1 Fairways at Bailey Ranch (8/95) 80 79 1 Fairways III Extended (6/99) 104 104 0 Fairways V (8/99) 71 55 16 Fairways VI (12/00) 42 39 3 Falls at Garrett Creek (12/05) 85 61 24 Falls at Garrett Creek Amended (12/05) 24 9 15 Honey Creek (4/02) 202 198 4 Lake Valley (02/06) 110 105 5 Lake Valley II (5/07) 118 75 43 Lakes at Bailey Ranch (10/07) 235 22 213 Metro Heights (11/01) 52 52 0 Nottingham Estates III (9/99) 23 22 1 Nottingham Estates IV (8/01) 20 17 3 Nottingham Estates V (3/01) 44 43 1 Preston Lakes (12/00) 272 239 33 Preston Lakes III (10/04) 147 107 40 Remington Park II (11/04) 84 82 2 Sawgrass Park II (04/05) 96 83 13 The Summit at Southern Links (6/97) 31 26 5 The Village at Silver Creek (09/02) 62 62 0 Watercolors (12/02) 40 27 13 TOTALS 2922 2322 600 Watercolors (12/02) The Village at Silver Creek (09/02) The Summit at Southern Links (6/97) Sawgrass Park II (04/05) Remington Park II (11/04) Preston Lakes III (10/04) Preston Lakes (12/00) Nottingham Estates V (3/01) Nottingham Estates IV (8/01) Nottingham Estates III (9/99) Metro Heights (11/01) Lakes at Bailey Ranch (10/07) Lake Valley II (5/07) Lake Valley (02/06) Honey Creek (4/02) Falls at Garrett Creek Amended (12/05) Falls at Garrett Creek (12/05) Fairways VI (12100) Fairways V (8/99) Fairways III Extended (6/99) Fairways at Bailey Ranch (8/95) Double Oaks III (8193) Country Estates VI (11/03) Country Estates III (3/99) Country Estates II (6/97) Coffee Creek II (12/05) Coffee Creek (04/01) Central Park II (7/97) Camelot Estates (4/07) Broadmore Heights (10/92) Brentwood Village (6/99) Bradfords at Silver Creek (2/98) Barrington Point III (8/96) CITY OF OWASSO Residential Lot Inventory Status 0 50 100 150 200 250 300 ❑Total Lots IN Lots Developed COMMERCIAL Building Permits (New Construction Counts) Month 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 January 1 1 0 0 5 2 3 0 0 0 1 2 9 4 4 ............................................................................................................... March 0 0 5 2 1 1 1 0 3 1 2 ............................... 1 14 2 ...................................................................................................... ...................................................................................................... ...................................................................................................... ............................... ............................... ............................... ...................................................................................................... May 2 3 0 1 4 0 2 2 4 1 ............................... 1 3 2 1 ...................................................................................................... ...................................................................................................... .................................................................... ...................................................................................................... ...................................................................................................... 5' s3€€€€ 0€€ 1€€€€ € €33 € €E € € € € € € € € €5 € € € € € € .........Q..................... € € €i4i ............................... ............................... ............................... ............................... €. ° € ..... .................. € €1 € € € €€ . ...................................................................................................... July 0 5 1 1 1 2 7 0 1 0 ............................... 0 0 0 0 September 0 0 2 2 2 0 2 0 2 2 1 2 1 28 :.:.:.:.:.2 . ....................... :.:.:.:.:.:. .:.:.:.:.:.:. ..... ............................... :.:.:.:.:.:.:5 .... . ....................... :.:.:...:.:.:.6 .:.:.:.:.:.:.:51 .:.:.:.....:.1:......:.3 > ...... '.':....:.........:............ x#......1......3 .:.....: ..... :.:1.:.:.:.:.:.:.1:.:.:........ ......... . November 1 2.:.:.:.:.:.:.:1.:.:.:.:.:.:.:o 0:.:.:.:. . pcmer.................................................................................................................................... fl.......................,.... ............................... Totals 13 19 20 26 66 26 52 27 23 12 23 23 43 48 4 Year to Date 1 1 0 0 5 2 3 0 0 0 1 2 9 4 4 Includes Churches, Schools, and Government Facilities January Year to Date Count M 12 N 9 d— E 6 E 3 E L v a 0 . 1994 1996 1998 2000 2002 2004 2006 2008 January Year to Date Dollars 0 8,000,000 6,000,000 4,000,000 0 0 2,000,000 m 0 Z 1994 1996 1998 2000 2002 2004 2006 2008 New Construction Dollars Totals for Each Year _ $65,000,000 r $48,750,000 - - - - -- ---------------------------------------- W i $32,500,000 - ---- __......__.._.________- _ 0 0 $16,250,000 _ _ . _ _ _ _ _ . _ . . 3 $0 Q 1994 1996 1998 2000 2002 2004 2006 2008 OCCUPANCY PERMITS NAME ADDRESS STATUS APPLICATION OPENING COMPLETE DATE DATE JANUARY 2008 City of Owasso Fire Station 9990 N 145 E Ave Black Beard's Liquor 11560 N 135 E Ave #107 State Farm Insurance 11560 N 135 E Ave #108 Stephen LaFrance Pharmacy' 11650 E 86th St N All American Fitness 12202 E 93 St N Southern Agriculture 9255 Owasso Exp O Town Auto Sales 300 N 2 Ave New 1/2/2008 1/2/2008 Yes New 1/8/2008 1/14/2008 Yes New 1/7/2008 1/14/2008 Yes Location Change 1/16/2008 1/15/2008 Yes New 1/25/2008 2/1/2008 No New 1/24/2008 2/1/2008 Yes Owner Change 1/30/2008 3/1/2008 No PERMITS APPLIED FOR IN JANUARY 2008 ADDRESS BUILDER ADD /ZONE VALUE A.S.F. PERMIT # DATE 11028 N 147 E Ave Simmons Homes LV /RS -3 77,112 1836 08- 0101 -X 1/4/2008 14028 E 101 St N Simmons Homes CC /RS -3 134,274 3197 08- 0102 -X 1/7/2008 9024 N 157 E Ave Simmons Homes PL /RS -3 105,210 2505 08- 0103 -X 1/7/2008 7768 Owasso Exp Oakwood Graphics FCBP /CG 690 27 08- 0104 -S 1/8/2008 8300 Owasso Exp Builders Unlimited Rayola Park 77,000 325 08- 0105 -C 1/8/2008 11560 N 135 E Ave Global Signs Garrett Creek 4,300 48 08- 0106 -S 1/8/2008 12202 E 93 St N Industrial Signs Tyann Plz /CS 7,980 110 08- 0107 -S 1/8/2008 11109 N 132 E Ave Denham Homes FGC/RS -3 102,060 2430 08- 0108 -X 1/10/2008 11213 N 132 E Ave Denham Homes FGC/RS -3 102,060 2430 08- 0109 -X 1/10/2008 14007 E 101 St N Simmons Homes CC/RS -3 146,622 3491 08- 0110 -X 1/10/2008 10201 E 93 St N John Green FW/RS -3 6,000 420 08- 0111 -X 1/10/2008 1 S Main St Nabholtz Construction Original Town 325,000 85 08- 0112 -C 1/11/2008 11605 N 135 E Ave Bencor LLC Benski /CS 950,000 14820 08- 0113 -C 1/11/2008 11024 N 147 E Ave Simmons Homes LV /RS -3 69,174 1647 08- 0114 -X 1/11/2008 102 W 6 St Sherwood Builders Rayola/RS -3 69,720 1660 08- 0115 -X 1/14/2008 12806 E 101 PI N Reco Enterprises Ow Med Pk 425,000 5386 08- 0116 -C 1/14/2008 11400 N Garnett Tres Moore Construction HA/CS 220,000 4800 08- 0117 -C 1/14/2008 8703 Owasso Exp H & R Lifting Walmart/CS 6,000 54 08- 0118 -S 1/14/2008 9115 N 100 E Ave American Heartland FW /RS -3 107,604 2562 08- 0119 -X 1/15/2008 8902 N 137 E Ave Chris Young BRE /RS -3 4,000 120 08- 0120 -X 1/16/2008 9306 E 92 PI N VineyardSignature Home LBR/RS -2 157,374 3747 08- 0121 -X 1/17/2008 9503 N 96 E PI VineyardSignature Home LBR/RS -2 163,716 3898 08- 0122 -X 1/17/2008 11216 N 132 E Ave Strategic Builders FGC /RS -3 105,000 2500 08- 0123 -X 1/18/2008 11218 N 132 E Ave Strategic Builders FGC/RS -3 140,700 3350 08- 0124 -X 1/18/2008 11214 N 132 E Ave Strategic Builders FGC/RS -3 115,752 2756 08- 0125 -X 1/18/2008 13206E 111 St N Strategic Builders FGC/RS -3 115,752 2756 08- 0126 -X 1/18/2009 11208 N 132 E Ave Strategic Builders FGC /RS -3 140,700 3350 08- 0127 -X 1/18/2008 9306 N 96 E Ave Shaw Homes, Inc. LBR/RS -2 132,300 3150 08- 0128 -X 1/21/2008 11107 N 133 E Ave RC Construction FGC /RS -3 100,800 2400 08- 0129 -X 1/22/2008 10004 N 107 E Ave Benito Jimenez ERV /RS -3 9,000 2084 08- 0130 -X 1/22/2008 14603 E 108 St N Capital Homes LV /RS -3 69,930 1665 08- 0131 -X 1/23/2008 11033 N 147 E Ave Capital Homes LV /RS -3 69,930 1665 08- 0132 -X 1/23/2008 14714 E 109 St N Capital Homes LV /RS -3 80,304 1912 08- 0133 -X 1/23/2008 8704 N 140 Ter E Carmar Development BSC /RS -3 18,000 115 08- 0134 -X 1/28/2007 13800 E 106 St N Magnum Construction 1st Methodist 1,000,000 11920 08- 0135 -C 1/28/2008 9002 N 121 E Ave Dalmarc Signs SmFarms /CS 13,000 140 08- 0136 -S 1/29/2008 11560 N 135 E Ave Oil Capital Neon Garrett Creek 3,500 38 08- 0137 -S 1/29/2008 501 -B E 2 Ave Oil Capital Neon Safeway 9,000 69 08- 0138 -S 1/29/2008 9301 N 96 E Ave VineyardSignature Home LBR/RS -2 125,118 2979 08- 0139 -X 1/29/2008 12334 E 86 St N Adventure Awning Cornerstone 3,500 35 08- 0140 -S 1/29/2008 15911 E 91 St N Denny Construction PL /RS -3 108,612 2586 08- 0141 -X 1/31/2008 11021 N 147 E Ave Simmons Homes LV /RS -3 77,112 1836 08- 0142 -X 1/31/2008 14714 E 108 St N Capital Homes LV /RS -3 69,9301 1665 08- 0143 -X 1/31/2008 ■ 25 Single Family $2,686,866 63,973 SgFt 3 Residential Additions 19,000 2,624 SgFt 1 Residential Remodel 18,000 115 SgFt 4 New Commercials 1,672,000 25,331 SgFt 1 Commercial Remodel 1,000,000 11,920 SgFt 1 Commercial Addition 325,000 85 SgFt 8 Sign Permits 47,970 521 SgFt 43 Building Permits $5,768,836 104,569 SgFt BUILDING INSPECTION DEPARTMENT REPORT FOR JANUARY 08 Building Permits Issued 41 $7,513.49 Economic Development 34 5,767.44 Mechanical Permits Issued 37 3,295.00 Electrical Permits Issued 48 3,660.00 Plumbing Permits Issued 42 3,420.00 Recreation Development 31 9,300.00 Sign Permits Issued 8 180.00 Sewer Taps 33 13,200.00 Water Taps 14 7,000.00 Water Meter Deposits 14 700.00 TOTAL PERMITS 302 $54,035.93 NUMBER OF INSPECTIONS FOR THE MONTH Building 191 Mechanical 130 Electrical 204 Plumbing 194 Reinspection 37 Other 0 TOTAL INSPECTIONS 756 PROJECTS STATUS REPORT City of Owasso Public Works Department February 7, 2008 E. 86th Street North (Main to N. Memorial Road) - Design began in July 2006 and scheduled for completion by December 2007 - Construction estimate of $4.5 million - to include ROW and utilities - Funding to be provided by ODOT and Tulsa County - Environmental Assessment complete and submitted to ODOT (Still under review) - Right -of -way acquisition to begin March 2008 - Construction scheduled to start by September 2008 N. 129th East Avenue (76th Street to 96th Street North) - Design completed in July 2007 - Advertisement occurred on July 12, 2007 for a Bid opening on August 13, 2007 - Notice to Proceed issued October 1, 2007 with Substantial Completion (450 calendar Days) scheduled for December 23, 2008 and Final Completion (510 calendar days) scheduled for February 21, 2009 - Re- location of 12" Water line and installation of storm drain structures continue along N 129 E Ave from E 76 St N to E 84 St N began November 1St 2007. - North 129th East Avenue between East 76th Street North and East 80th Street North was closed beginning February 4, 2008. The closure will last approximately sixty (60) days, but could be extended if adverse weather conditions limit construction. Detour routes have been established and detour signage will remain present during the closure. • FY 2007 -2008 Rehabilitation Proiect - Design completed in July 2007 - Bid opening for the repair of N. 145th East Avenue (Phase 1) occurred on July 26, 2007. Bids were rejected. - Phase I and Phase II will be combined and will be advertised in September of 2007 - Advertise for Bids on October 4 and 11, 2007 - Pre -Bid October 25, 2007 - Bid opening scheduled for November 5, 2007 - Bid was awarded to Becco Construction on November 20, 2007 - Notice to Proceed scheduled for February 18, 2008. Final Completion (90 calendar days) scheduled for May 18, 2008 Main Street Redevelopment - Funding of $1.1 million provided by Vision 2025 - PSO utility relocation began in October 2006 - Project to be completed by September 2007 - Three -lane configuration with angular parking selected - Design was completed in June 2007 - One bid received on July 9, 2007 - Re- advertisement to occur following approval by Vision 2025 - Re- advertisement occurred October 15, 2007 Mandatory pre -bid meeting is scheduled for November 6, 2007 Bid- opening November 16, 2007 Bid was awarded to Crossland Heavy Construction on December 18, 2007. Notice to Proceed scheduled for March 3, 2008, with Substantial Completion (165 calendar Days) scheduled for August 2008 and Final Completion (180 calendar days) scheduled for September 2008 Wastewater Treatment Plant and 117th Street Lift Station Upgrade/ East 76 Street North Sanitary Sewer Interceptor - Design began in September of 2007 and scheduled for completion by June of 2008 E 96 St N Regional Detention (Phase I — 60 -inch Conveyance). - Advertise for Bids on November 6, 2007 - Mandatory pre -bid meeting is scheduled for November 27, 2007 - Bid opening December 7, 2007 - Bid was awarded to McGuire Brothers Inc. on December 4, 2007 - Notice to Proceed occurred on January 22, 2008 with Substantial Completion (60 calendar Days) scheduled for March 2008 and Final Completion (75 calendar days) scheduled for April 2008. E 96 St N Regional Detention (Phase II and III — Detention Facility/ Garnett Structure Modifications). - ACOE permitting review to be complete by March 19, 2008 - Advertise for Bids April 1 St 2008 - Mandatory pre -bid meeting is scheduled for April 22, 2008 - Bid - opening May 2, 2008