HomeMy WebLinkAbout2004.09.09_OEDA AgendaPUBLIC NOTICE OF THE MEETING OF THE
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
TYPE OF MEETING:
DATE
TIME
PLACE
Regular
September 9, 2004
10:00 a.m.
Owasso City Hall
Main Conference Room
111 North Main
OEDA FILE
Notice and agenda filed in the office of the City Clerk and posted on the City Hall bulletin board
at 10:00 a.m. on 2111M September 7, 2004.
Rickey Hayes, cono is evelopment Director
AGENDA
1. Call to Order & Roll Call
Mr. Yandell
2. Request Approval of Minutes of the August 12, 2004 Regular meeting.
Mr. Yandell
Attachment #2
3. Request Approval of Claims.
Mr. Yandell
Attachment #3
4. Presentation of Financial Report.
Ms. Bishop
Attachment #4
OEDA
August 12, 2004
Page 2
5. Update from Economic Development Director.
Mr. Hayes
Attachment #5
6. Report from Community Development Director
Mr. Wiles
7. Report from the Public Works Director
Ms. Stagg
8. Report from OEDA Manager.
Mr. Ray
9. Consideration and appropriate action relating to a request for Trustee approval to assist
Vanguard Car Rental, USA with relocation costs.
Mr. Ray
10. New Business.
11. Adjournment.
MEMORANDUM
TO: THE HONORABLE CHAIR & TRUSTEES
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
FROM: RICKEY HAYES, ECONOMIC DEVELOPMENT DIRECTOR
7'e
SUBJECT: OEDA Claims for July 2004
DATE: 09/9/04
There were no claims for August 2004.
Owasso Economic Development Authority
Schedule of Revenues and Expenses
For the Month Ending August 31, 2004
Operating Revenues:
Contributions
Reimbursements
Interest
Total Operating Revenues
Operating Expenses:
Materials & supplies
Services & other charges
Capital outlay
Total Operating Expenses
Operating Income (Loss)
Non - Operating Revenues (Expenses):
Transfer from General Fund
Total Non - Operating Revenues (Expenses)
Net Income (Loss)
Retained Earnings ** 07/01/04
Retained Earnings ** 08/31/04
Month -to -date
$0.00
0.00
4.52
4.52
IN
IN
W
4.52
Wiff
0.00
4.52
Year -to -date
* *Note: For the purposes of this report, "Retained Earnings" includes only
current assets and current liabilities
$0.00
0.00
9.03
9.03
0.00
0.00
0.00
0.00
9.03
0.00
0.00
9.03
10,730.55
$10,739.58
MEMORANDUM
TO: OWASSO ECONOMIC DEVELOPMENT AUTHORITY BOARD OF
TRUSTEES
FROM: RICKEY HAYES
SUBJECT: ECONOMIC DEVELOPMENT DIRECTOR'S REPORT
DATE: September 3, 2004
Progress continues on the commercial sites in the 96th Street retail corridor. The Smith Farms
Marketplace development by Hunt Properties is currently being engineered and will begin
construction in about three weeks according to engineers. Engineering is currently taking place
on Garnett Road and 96th Street improvements to coincide with the opening of the Smith Farms
Complex. City of Owasso staff are meeting with utility representatives and engineers on
relocating utility lines in the area of 96th Street and Garnett. Several other properties along
Garnett and 96th Street are being considered for commercial development also. Two tracts in the
area recently closed, one on the corner of 96th and Garnett and the other just south of the
intersection on Garnett Road. Both of these tracts have commercial uses planned. The Tyann
Properties development around Home Depot is taking shape as work continues on the service
road connecting 86th Street and 96th Street on the east side of US 169. Construction continues on
Waterford Place, a retail development located between Walgreens and Home Depot at 96th Street
and 129th. Work is progressing very quickly on the Lanes at Coffee Creek bowling and
recreational complex.
Work on updating our marketing material continues. We are currently updating the web page and
all the marketing material. The material will change in appearance and current figures of sales
and demographic data will be provided. The marketing material has been used quite effectively
over the last two years in our negotiations with various retailers. Many of you contributed to the
updated material and I appreciate your help. I will furnish you a rough copy for your review.
Your comments, constructive criticism, and input is very much appreciated.
Both hospital groups continue discussions locally in regard to construction of a medical complex
for the City of Owasso. One group, Alliance Healthcare, is working with officials of the Larkin
Bailey Trust and the other group, the Haskell Enterprise Group, has 67 acres near the Owasso
Market under contract for a site for the hospital and medical complex. The addition of a modern
medical complex in our city is an essential proponent of our quality of life as our population
increases and commercial growth and development continues. Both groups have site plans into
staff for review, and both groups tell us that they are on a fast track for construction.
As always, if I- can serve you in any way, please call. Your input and direction are always
important to the success of our efforts.