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HomeMy WebLinkAbout2002.06.20_OEDA AgendaPUBLIC NOTICE OF THE MEETING OF THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY TYPE OF MEETING: DATE: TIME: PLACE: Special June 20, 2002 10:00 a.m. Owasso City Hall Main Conference Room 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 Tuesday, June 18, 2002. za —rw :rl AGENDA 1. Call to Order 2. Roll Call 3. Request Approval of Minutes of the February 14, 2002 Regular Meeting and April 11, 2002 Regular Meeting. Mr Sokolosky Attachment #3 OWASSO ECONOMIC DEVELOPMENT AUTHORITY JUNE 20, 2002 PAGE 2 4. Request Approval of Claims. Mr Sokolosky Attachment #4 5. Presentation of Financial Report. Mr Ray Attachment #5 6. Consideration and Appropriate Action Relating to a Request for Trustee Approval of an Agreement Between the Owasso Economic Development Authority, the City of Bixby, the Jenks Public Works Authority, the Rogers County Industrial Authority, the Sand Springs Economic Development Authority, and the Tulsa Metropolitan Chamber of Commerce, Such Agreement for the Purpose of Acquiring Economic Development Services. Mr Ray Attachment #6 The staff will report to the Trustees a revised agreement and introduce Mr Jim Dunn, Chairman of the Tulsa Metropolitan Chamber of Commerce, for an explanation of the request. The City Manager will recommend Trustee approval of the Agreement. 7. Report from OEDA Manager Mr Ray OWASSO ECONOMIC DEVELOPMENT AUTHORITY JUNE 20, 2002 PAGE 3 Adjournment MEMORANDUM TO: OEDA TRUSTEES FROM: MARCIA BOUTWELL CITY CLERK SUBJECT: OEDA MINUTES DATE: July 17, 2002 Staff has been unable to locate any notes or minutes from the April 11, 2002 regular meeting. Additionally, there seems to be some uncertainly as to whether there was a quorum for that meeting. Therefore, in order to assure that all minutes have been approved, the minutes from the February 14, 2002 meeting have been placed on this agenda. There are no minutes from the April 11, 2002 meeting. OWASSO ECONOMIC DEVELOPMENT AUTHORITY MINUTES REGULAR MEETING THURSDAY, February 14, 2002 City Hall Conference Room 10 a.m. ITEM 1: CALL TO ORDER AND ROLL CALL Chairman Dee Sokolosky called the meeting to order at 10:00 a.m. and roll call was taken as follows: TRUSTEES PRESENT Gary Akin Frank Enzbrenner Tom Kimball Dee Sokolosky TRUSTEES ABSENT Brenda Lawrence Brian Smith Will Williams STAFF PRESENT Stan Ewing Rodney Ray Sherry Bishop Mary Jo Griffm ITEM 2: REQUEST APPROVAL OF MINUTES OF THE DECEMBER 17, 2001 SPECIAL MEETING AND THE DECEMBER 20, 2001 SPECIAL METING. There being no questions or amendments to the minutes Mr. Akin moved to approve the minutes of the December 17, 2001 and December 20, 2001 Special Meetings. Mr. Kimball seconded and the motion carried 4 -0. AYE: Akin, Kimball, Enzbrenner, Sokolosky NAY: none ITEM 3: REQUEST APPROVAL OF CLAIMS No Claims were presented. ITEM 4: PRESENTATION OF FINANCIAL REPORTS FOR PERIOD ENDING JANUARY 30, 2002. There were no questions. ITEM 5: DISCUSSION OF TAX INCREMENT FINANCING POLICY. For general discussion purposes, Mr. Ewing combined items 5 and 6. Mr. Ewing briefly discussed the history of the Oklahoma Department of Commerce designated Enterprise Zone within the City of Owasso; which used 1990 census data for income. He explained that the zone was defined by census data on the basis of income levels within a certain area. Owasso Economic Development Authority Minutes of February 14, 2002 Meeting Page 2 Mr. Ewing went on to explain that some of the same data that would define the enterprise zone is used to also determine Tax Increment Financing Districts and Community Development Block Grant eligibility. Currently the boundaries of the enterprise zone and the CDBG area are not the same and if a TIF District were to be established it could have different boundaries as well. Staff would like to eventually have these three distinct districts be more congruent. Maps were available for viewing the discussed areas. Mr. Ewing stated that the income level data from the 2000 census is due to be released during June and July of this year. He would like to use this data to update the boundaries of the current Enterprise Zone and CDBG project areas. Currently the CDBG eligible area is within an area that we do not want to make certain improvements due to the future change of land uses as identified within the Land Use Plan. A preliminary needs review is to take place to identify areas between Third Street and 86th Street North that could be submitted for future improvement funds through CDBG. Generally this area did not meet the criteria for CDBG funding during evaluation. Mr. Ewing'and Jared Bates from Public Works Engineering will be conducting this survey. Regarding the TIF District, Mr. Ewing would like to reenergize the TIF Policy Committee that was established by the City Council in 1998. This would work well in being ready to utilize the census data that will be available later this spring that will be utilized for the previously discussed areas. ITEM 6: DISCUSSION OF ENTERPRISE ZONES This item was combined with item number five. ITEM 7: DISCUSSION OF ISSUES RELATING TO A PROPOSAL BETWEEN THE CITIES OF OWASSO, SAND SPRINGS, JENKS, BIXBY, ROGERS COUNTY AND THE TULSA METROPOLITAN CHAMBER OF COMMERCE FOR THE PURPOSE OF ECONOMIC DEVELOPMENT ACTIVITY. Mr. Ray discussed a program that Tulsa Chamber of Commerce is trying to develop that could involve the above referenced Cities. After discussion with the board the general consensus from the trustees was that it was not something they wanted to enter into at this time. ITEM 8: REPORT FROM ECONOMIC DEVELOPMENT DIRECTOR No Report ITEM 9: REPORT FROM OEDA MANAGER Owasso Economic Development Authority Minutes of February 14, 2002 Meeting Page 3 Mr. Ray discussed the following items; a zoning appeal that will be going to the City Council in March, general discussion over uses of the hotel/motel proposition if passed and preparations for the upcoming election, and a copy of House Bill 1199 provided by Senator Campbell. ITEM 10: NEW BUSINESS There was none. ITEM 11: ADJOURNMENT Mr. Enzbrenner moved to adjoum. Mr. Kimball seconded and the motion carried 4 -0. The meeting adjourned at 11:40 a.m. Aye: Enzbrenner, Kimball, Akin, Sokolosky Nay: none Dee Sokolosky, Chairperson Date Approved No claims have been presented for payment at the time of the preparation of this agenda. Owasso Economic Development Authority Schedule of Revenues and Expenses For the Month Ending May 31, 2002 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 ** 06/30/01 Retained Earnings ** 05/31/02 Month -to -date Year -to -date $0.00 $0.00 0.00 0.00 16.55 292.74 16.55 292.74 0.00 19.25 0.00 4,915.00 0.00 0.00 0.00 4,934.25 16.55 (4,641.51) 0.00 0.00 0.00 0.00 16.55 (4,641.51) 16,543.31 $11,901.80 * *Note: For the purposes of this report, "Retained Earnings" includes only current assets and current liabilities AGREEMENT FOR ECONOMIC DEVELOPMENT SERVICES This Agreement is entered into by and among the City of Bixby ( "Bixby "), the Jenks Public Works Authority ( "JPWA "), the Owasso Economic Development Authority ( "OEDA "), the Rogers County Industrial Development Authority ( "RCIDA "), and the Sand Springs Economic Development Authority ( "SSEDA ") and the Metropolitan Tulsa Chamber of Commerce, Inc. ( "Chamber "). WHEREAS, among other things the Chamber coordinates and promotes business activities in the greater Tulsa area; WHEREAS, the Chamber is frequently contacted by existing and prospective businesses with and for economic development information; WHEREAS, the Chamber is able to provide professional economic development services and written data relating to a variety of economic development matters beneficial to the other parties to this Agreement; and WHEREAS, the parties agree that it is in their mutual interest for the Chamber to employ a full -time professional economic development staff member acceptable to the parties to this Agreement to provide services to the parties focusing on industrial and office building economic development; NOW, THEREFORE, the parties agree as follows: 1. Each of the parties (other than the Chamber) agree to pay the Chamber a fee of $25,000 annually, to be paid the first six months in advance and then quarterly upon billing to such parties. Fees in excess of the base fee shall not be assessed without the prior written authorization for additional services by the party requesting such services. Any additional staffing or support requirements beyond the base level shall be assessed on a per capita basis as may be approved by the other parties and the parent entity of each such party. 2. The Chamber will provide in -kind services equal to or greater than $25,000 in value annually, including but not limited to office space, secretarial assistance, ordinary travel, management supervision, and other ordinary expenses in support of the dedicated professional position. 3. The parties understand that certain grants and donations from public and private organizations and businesses in support of this Agreement may be received from time to time from entities whose objects are not in conflict with the purposes and legal requirements of the Chamber and the other parties to this Agreement. 4. Any party may withdraw from this Agreement upon six months notice. The Chamber reserves the right to terminate this Agreement completely if any other party exercises its right to withdraw upon the aforesaid notice. 5. Accompanying the invoice for services each quarter shall be a report summarizing the Chamber activities on behalf of the party receiving such report. 6. The other parties recognize that the Chamber personnel shall from time to time be providing services to one or more but less than all of the other parties so that the benefits of this Agreement may not be equal during a any given period of time. It is the aspiration of the parties that over time the benefits will be generally proportional, although there is no guarantee of such result. This Agreement shall be in full force and effect upon the signature of all the parties indicated below. ATTEST: City Clerk ATTEST: Secretary ATTEST: Secretary CITY OF BIXBY By: Mayor JENKS PUB IC RKS AUT RITY By: Chair OWASSO ECONOMIC DEVELOPMENT AUTHORITY Chair ATTEST: Secretary ATTEST: Secretary ATTEST: Secretary ROGERS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY Um Chair SAND SPRINGS ECONOMIC DEVELOPMENT AUTHORITY Chair METROPOLITAN TULSA CHAMBER OF COMMERCE, INC. IM 3 Chair