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HomeMy WebLinkAbout2003.09.11_OEDA AgendaPUBLIC NOTICE OF THE MEETING OF THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY TYPE OF MEETING: DATE: TIME: PLACE: Regular September 11, 2003 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 4:00 p.m. on Monday, September 8, 2003. Rickey Hayes, conom c evelopment Director 1. 2 3. AGENDA Call to Order & Roll Call Ms. Lawrence Request Approval of Minutes of the August 14, 2003 Regular Meeting Ms. Lawrence Attachment #2 Request Approval of Claims Ms. Lawrence Attachment #3 OWASSO ECONOMIC DEVELOPMENT AUTHORITY September 11, 2003 PAGE 2 4. Presentation of Financial Report Ms. Bishop Attachment #4 5. Update from Economic Development Director Mr. Hayes Attachment # 5 6. Presentation and Discussion of the City of Owasso Capital Improvements Project Election Mr. Ray 7. Downtown Redevelopment Plan Implementation Mr. Ray 8. Report from OEDA Manager Mr. Ray OWASSO ECONOMIC DEVELOPMENT AUTHORITY September 11, 2003 PAGE 3 9. New Business 10. General Discussion Relating to the Purpose, Goals, and Focus of the City's Economic Development Efforts. Mr. Ray 11. Adjournment OWASSO ECONOMIC DEVELOPMENT AUTHORITY MINUTES OF REGULAR MEETING Thursday, August 14, 2003 The Owasso Economic Development Authority met in regular session on Thursday, July 10, 2003 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 11, 2003. ITEM 1: CALL TO ORDER & ROLL CALL Chairman Brenda Lawrence called the meeting to order at 10:08 a.m. PRESENT Brenda Lawrence, Chair Tom Kimball, Trustee Dee Sokolosky, Trustee Mike Helm, Trustee Gary Akin, Trustee Frank Enzbrenner, Secretary ABSENT Scott Yandell, Vice Chair STAFF Rickey Hayes, Economic Development Director Sherry Bishop, Finance Director and City Clerk Rodney Ray, City Manager Eric Wiles, Director of Community Development A quorum was declared present. ITEM 2: REQUEST APPROVAL OF MINUTES OF THE JULY 10th 2003 REGULAR MEETING. Mr. Kimball moved, seconded by Mr. Akin, to approve the minutes of the July 10th, 2003 regular meeting, by reference made a part hereto. AYE: Akin, Lawrence, Enzbrenner, Kimball, Helm NAY: None ABSTAIN: Sokolosky Motion carried 5 -0. ITEM 3: REQUEST APPROVAL OF CLAIMS. No Claims AYE: None NAY: None ABSTAIN: None Owasso Economic Development Authority June 12, 2003 ITEM 4: PRESENTATION OF FINANCIAL REPORT. Ms. Bishop presented a brief financial report for June and July 2003. ITEM 5: UPDATE FROM ECONOMIC DEVELOPMENT DIRECTOR Mr. Hayes introduced Community Development Director Eric Wiles discussed building activity, as well as future activity. Due to the absence of Public Works Director Robert Carr, Mr. Wiles gave a project status report. Mr. Hayes reported on economic development activities in the city, and a proposed Business Incubator site at the "Old Central" Annex. ITEM 6: DOWNTOWN REDEVELOPMENT PLAN IMPLEMENTATION Mr. Ray gave a brief report on the Owasso Downtown Redevelopment Plan. ITEM 7: REPORT FROM OEDA MANAGER Mr. Ray discussed the Vision 2025 issues and Owasso's Capital Improvements Election. A possible rezoning and purchase of land adjacent to the Cherokee Industrial Park and retail activity along US Highway 75 was discussed. ITEM 8: NEW BUSINESS No new business. ITEM 11: ADJOURNMENT Mr. Enzbrenner moved, seconded by Mr. Kimball, to adjourn. AYE: Lawrence, Akin, Helm, Kimball, Enzbrenner, Sokolosky NAY: None Motion carried 6 -0, and the meeting was adjourned at 11:15 a.m. Date Approved -2- Brenda Lawrence, Chairperson MEMORANDUM TO: FROM: SUBJECT: DATE: THE HONORABLE CHAIR & TRUSTEES OWASSO ECONOMIC DEVELOPMENT AUTHORITY RICKEY HAYES OEDA Claims for August 2003 09/11/03 There were no claims for August 2003. Owasso Economic Development Authority Schedule of Revenues and Expenses For the Month Ending August 31, 2003 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 ** 06/30/03 Retained Earnings ** 08/31/03 Month -to -date Year -to -date $0.00 $0.00 0.00 0.00 7.74 16.47 7.74 16.47 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7.74 16.47 0.00 0.00 0.00 0.00 7.74 16.47 18,410.90 $18,427.37 "Note: For the purposes of this report, "Retained Earnings" includes only current assets and current liabilities MEMORANDUM TO: FROM OWASSO ECONOMIC DEVELOPMENT AUTHORITY BOARD OF TRUSTEES RICKEY HAYES SUBJECT: ECONOMIC DEVELOPMENT DIRECTOR'S REPORT DATE: September 8, 2003 I continue to work with several prospective new businesses. Owasso is attracting the attention of major retail and restaurant outlets. Construction and site work continues with Home Depot and development plans are underway in multiple locations around the City of Owasso. O'Charleys, Waffle House, International House of Pancakes, and Kentucky Fried Chicken are among those national chain restaurants that are planning sites in our city. Road widening and intersection improvements at 96th Street North and 129' E. Avenue are underway. Oklahoma National Bank will begin construction soon and Arvest Bank plans to open for business on 76th Street this month. Construction will begin soon on Wal- Greens just north of the Home Depot site. I am working on the business incubator certification from the Oklahoma Department of Commerce. All the required reports and applications are in and we are waiting on a site visit. We have already had several inquiries from possible incubator tenets. I believe that the incubator will be a very effective economic development tool for the City of Owasso. I am continuing visits to area business owners and building relationships with the retail and industrial establishments doing business in Owasso. I have been in about 240 businesses in the past 12 months. As new development begins to take place in Owasso, relationships with existing business will be very valuable in being able to do retention and expansion projects with local retailers and industry. I attend Planning Commission and Board of Adjustment meetings to represent the interest of local businesses. We have made minor changes to the marketing tool cover design. The economic development section on the City of Owasso's web page (cityofowasso.com) has just gone through a major update and the new information has been added. The economic development page has a completely new look and has received over 1300 "hits ". Retailers have communicated to staff that the web page is very user friendly and contains great and easily accessed information. Traffic count maps are now available on the economic development web page. 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.