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HomeMy WebLinkAbout2002.09.12_OEDA AgendaPUBLIC NOTICE OF THE MEETING OF THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY TYPE OF MEETING: DATE: TIME: PLACE: Regular September 12, 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 4:00 p.m. on Monday, September 9, 2002. } Rick Hayes, AGENDA 1. Call to Order 2. Roll Call Specialist 3. Request Approval of Minutes of the August 15, 2002 Rescheduled Regular Meeting. Mr. Kimball Attachment #3 OWASSO ECONOMIC DEVELOPMENT AUTHORITY SEPTEMBER 12, 2002 PAGE 2 4. Request Approval of Claims Mr. Kimball Attachment #4 5. Presentation of Financial Report Mr. Hayes Attachment #5 6. Status Report Relating to Cherokee Industrial Park and Other Items. Ms. Darcy Melendez Mr. Brian Hunt - C B Richard E1lis,Tulsa 7. Update from Economic Development Specialist. Mr. Hayes Attachment #7 8. General Discussion Relating to the Purpose, Goals, and Focus of the City's Economic Development Efforts. Mr. Hayes OWASSO ECONOMIC DEVELOPMENT AUTHORITY SEPTEMBER 12, 2002 PAGE 3 9. Report from OEDA Manager. Mr. Ray 10. Adjournment OWASSO ECONOMIC DEVELOPMENT AUTHORITY MINUTES OF RESCHEDULED REGULAR MEETING Thursday, August 15, 2002 The Owasso Economic Development Authority met in a rescheduled regular session on Thursday, August 15, 2002 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 4:00 p.m. on Monday, August 12, 2002. ITEM 1: CALL TO ORDER Chairman Kimball called the meeting to order at 10:00 a.m. ITEM 2: ROLL CALL PRESENT Tom Kimball, Chair Brenda Lawrence, Vice Chair Frank Enzbrenner, Secretary Dee Sokolosky, Trustee Scott Yandell, Trustee Mike Helm, Trustee ABSENT Gary Akin, Trustee STAFF Rickey Hayes, Economic Development Specialist Rodney J Ray, City Manager Sherry Bishop, Finance Director Marcia Boutwell, City Clerk Robert Carr, Public Works Director A quorum was declared present. ITEM 3: REQUEST APPROVAL OF MINUTES OF THE JULY 11, 2002 SPECIAL MEETING. Mr. Sokolosky moved, seconded by Ms. Lawrence, to approve the minutes of the July 11, 2002 special meeting, by reference made a part hereto. AYE: Sokolosky, Lawrence, Yandell, Helm, Enzbrenner, Kimball NAY: None Motion carried 6 -0. ITEM 4: REQUEST APPROVAL OF CLAIMS. One claim was presented — a request for approval of the payment of $12,500 to the Tulsa Metro Chamber of Commerce, reflecting the first six months payment toward the regional economic development initiative. Mr. Enzbrenner moved, seconded by Mr. Yandell, to approve the claim. Owasso Economic Development Authority August 15, 2002 AYE: Sokolosky, Yandell, Lawrence, Helm, Enzbrenner, Kimball NAY: None Motion carried 6 -0. ITEM 5: PRESENTATION OF FINANCIAL REPORT. Ms Bishop presented the financial report. The ending balance as of July 31, 2002 is $11,931.44. ITEM 6: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR TRUSTEE ADOPTION OF A FY 2002 -03 BUDGET. Ms. Bishop said that state law requires that the OEDA approve an annual operating budget. The fund balance as of July 1, 2002 was $11,916; the projected annual revenue is $25,500 and proposed expenditures are $30,000. The projected ending fund balance as of June 30, 2003 is $7416. Mr. Enzbrenner moved, seconded by Ms. Lawrence, to approve the proposed budget. AYE: Enzbrenner, Lawrence, Sokolosky, Yandell, Helm, Kimball NAY: None Motion carried 6 -0. ITEM 7: STATUS REPORT RELATING TO THE ACTIVITIES OF THE REGIONAL ECONOMIC DEVELOPMENT CONSORTIUM. Mr. Hayes introduced Ms. Darcy Melendez, director of the Regional Economic Development Consortium. Ms. Melendez related her background, and discussed the vision for the Consortium. ITEM 8: UPDATE FROM ECONOMIC DEVELOPMENT SPECIALIST. Mr. Hayes introduced Robert Carr, who updated the Authority on the statues of current projects within the City of Owasso. Mr. Hayes discussed traffic counts. ITEM 9 REPORT FROM OEDA MANAGER No. Report ITEM 10 NEW BUSINESS. None. -2- Owasso Economic Development Authority August 15, 2002 ITEM 11: WHERE SHOULD WE FOCUS OUR EFFORTS: A GENERAL DISCUSSION RELATING TO THE PURPOSE, GOALS, AND FOCUS OF THE CITY'S ECONOMIC DEVELOPMENT EFFORTS. Mr. Hayes discussed his first few weeks in Owasso. He said he has spent much time with local business owners, and has met with each of the OEDA Trustees. He has been researching several retail leads for development, and has become a member of various economic development groups. His major focuses will be to adapt to meet the needs of any request, improvise, and overcome obstacles. Trustees were asked to discuss their priorities for economic development and growth. Some of the items listed were: attract families, attract major employers, update infrastructure, a well- rounded retail community, good road & streets, education for potential builders, updated demographics, housing for middle income families, museum or other cultural establishment, good education system, provide information covering the school district rather than just within the city limits, and do not be "territorial" when we have excellent facilities close by. Mr. Hayes said that this item will be discussed at every OEDA meeting over the next few months. ITEM 12 ADJOURNMENT Ms. Lawrence moved, seconded by Mr. Yandell, to adjourn. AYE: Lawrence, Yandell, Enzbrenner, Sokolosky, Helm, Kimball NAY: None Motion carried 6 -0, and the meeting was adjourned at 11:45 p.m. Date Approved -3- Tom Kimball, Chairperson There were no claims to be presented at the time the agenda was prepared. Owasso Economic Development Authority Schedule of Revenues and Expenses For the Month Ending August 31, 2002 **Note: For the purposes of this report, "Retained Earnings" includes only current assets and current liabilities Month -to -date Year -to -date Operating Revenues: Contributions $0.00 $0.00 Reimbursements 0.00 0.00 Interest 23.02 38.60 Total Operating Revenues 23.02 38.60 Operating Expenses: Materials & supplies 0.00 0.00 Services & other charges 12,500.00 12,500.00 Capital outlay 0.00 0.00 Total Operating Expenses 12,500.00 12,500.00 Operating Income (Loss) (12,476.98) (12,461.40) Non - Operating Revenues (Expenses): Transfer from General Fund 25,000.00 25,000.00 Total Non - Operating Revenues (Expenses) 25,000.00 25,000.00 Net Income (Loss) 12,523.02 12,538.60 Retained Earnings *' 06/30/02 11,915.86 Retained Earnings *' 08/31/02 $24,454.46 **Note: For the purposes of this report, "Retained Earnings" includes only current assets and current liabilities MEMORANDUM TO: OWASSO ECONOMIC DEVELOPMENT AUTHORITY TRUSTEES FROM: RICKEY HAYES SUBJECT: ECONOMIC DEVELOPMENT DIRECTOR'S REPORT DATE: September 9, 2002 My first month on the job in Owasso has passed very quickly. Needless to say, I have been very busy and my first weeks at city hall have been very challenging and enjoyable. I have met many people and look forward to meeting more in the weeks and months to come. My first priority was to meet and get acquainted with the OEDA trustees. I have met each of you at least for a few minutes and plan to see you individually at least once a month to give each of you a time to voice your concerns and ideas in an informal setting. Also, among my initial list of important goals, was to begin a program to meet and acquaint myself with every business owner in the City of Owasso. So far this list is at about 80 business owners doing business in a variety of locations around the city. I try to spend about 6 -8 hours a week on the street. I believe this is not only necessary so I can get to know the local business people, but also will be an integral part in the maintaining of good relationships between the local business community and city. I want Owasso to be known as a city that is "business friendly" in every way possible. One critical part of the job as I see it, is to be an advocate for business at City Hall. In my first month here I was able to assist a business customer with a problem with his water bill, and Larry White and I visited with another businessman who had questions about a radio tower. Larry is the Director of the City of Owasso's Support Services Department, and is a walking encyclopedia of information about radio towers. Helping a small business owner solve a problem is a very fulfilling part of this job. I have discussed with each of you the need to put together a professionally done and effective packet of information about important demographic data about the City of Owasso. We are close to having something to put into your hands. This material will be both hard copy and electronic data. Our desire is to have something that is available for not only the OEDA, but for any local developer to insure that the potential customer has accurate and detailed demographics about our city. Over the last month I have had the opportunity to meet various people involved with utility infrastructure in the Owasso area. Representatives from AEP and Verdigris Valley have met with me to discuss our partnership in the future development of the city. The City of Owasso now owns 4 traffic counters and data will be coming at a steady rate at various intersections around the city. Robert Carr and the City of Owasso's Public Works Department have done a fine job in purchasing the counters and implementing the gathering of traffic count data. These numbers are very important in attracting retail clients. On the retail front, another priority for me was to research possibilities about various restaurant partnerships. I had occasion to meet Steve Kormondy of National Steak and Poultry. Mr. Kormondy offered some educated advice on marketing Owasso to different restaurant franchises. Packets of information have been sent to a full service bookstore and discussion of locating a potential restaurant and food service retailer in a vacant building were among the retail leads that I have been working. I attended a meeting with a site coordinator and engineer representing a "large home improvement retailer" at city hall and am excited about the potential jobs and tax revenue from that development. In the near future we have a meeting scheduled with MPSI, a marketing firm from Tulsa that I believe may solve lots of our data gathering problems, as well as providing an easy and efficient way to gather and log data on available commercial sites in Owasso. The Economic Development page on the City of Owasso's web site is in the process of being updated and will be accessed not only by citizens of Owasso, but also potential customers. The Community Development web page was recently redone and has had an increase in "hits" in the last few weeks. As always, if I can serve you in any way, please call.