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Home My WebLink About2006.06.08_OEDA AgendaPUBLIC NOTICE OF THE MEETING OF THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY TYPE OF MEETING: Regular DATE: June 8, 2006 TIME: 10:00 a.m. PLACE: Owasso City Hall, Lower Level Conference Room 111 N. Main Owasso, Oklahoma Notice and agenda filed in the office of the City e d posted on the City Hall bulletin board at 1:00 p.m. on Monday, June 5, 2006. k�-� Rickey Hay s, Ec mic Development Director AGENDA 1. Call to Order Mr. Enzbrenner, 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 May 11, 2006 Regular Meeting. Attachment # 2-A B. Approval of Claims. Attachment # 2-B 3. Request from St. John Hospital to provide a status report to the OEDA. Mr. David Phillips 4. Presentation of Financial Report. Ms. Bishop Attachment #4 OEDA May 11, 2006 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. Consideration and appropriate action related to Trustee approval of the Proposed FY 2006- 2007 OEDA Budget. Attachment 48 Mr. Hayes 9. New Business. 10. Adjournment. OWASSO ECONOMIC DEVELOPMENT AUTHORITY MINUTES OF REGULAR MEETING Thursday, May 11, 2006 The Owasso Economic Development Authority met in regular session on Thursday, May 11, 2006 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 Tuesday, May 2, 2006. ITEM 1: CALL TO ORDER & ROLL CALL Chairman Frank Enzbrenner called the meeting to order at 10:00AM. PRESENT Frank Enzbrenner, Chairman Dee Sokolosky, Vice chairman Gary Akin, Secretary Tom Kimball, Trustee David Chamey, Trustee Ray Thomas, Trustee Steve Cataudella, Trustee A quorum was declared present. ABSENT None OTHERS Dale Harris Bobbie Kale Jerry Whited David Phillips STAFF Eric Wiles, Community Development Joe Nurre, Public Works Rickey Hayes, Economic Development Director Juliann Stevens, Administrative Assistant Julie Trout Lombardi, City Attorney ITEM 2: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR TRUSTEE APPROVAL OF THE CONSENT AGENDA. A. Approval of minutes of the April 6, 2006 Regular Meeting B. Approval of claims — no claims Mr. Cataudella moved, seconded by Mr. Kimball, to approve the consent agenda with a correction to the April 6, 2006 meeting minutes, to wit: ABSENT from the April 6, 2006 meeting is Dee Sokolosky and Steve Cataudella. AYE: Kimball, Akin, Enzbrenner, Cataudella, Chamey, Thomas, Sokolosky NAY: None ABSTAIN: None Motion carried 7-0. Owasso Economic Development Authority February 9, 2006 ITEM 3: REQUEST FROM BAILEY MEDICAL CENTER TO PROVIDE A STATUS REPORT TO THE OEDA. Ms. Bobbie Kale provided a construction update and Mr. Dale Harris discussed the Redi-Clinic partnership with Wal-Mart Stores. ITEM 4: PRESENTATION OF FINANCIAL REPORT. Ms. Bishop was absent from the meeting. Upon review of the attached report, no questions were asked. ITEM 5: UPDATE FROM ECONOMIC DEVELOPMENT DIRECTOR Mr. Hayes reviewed the attached report and provided information regarding the ICSC convention. ITEM 6: REPORT FROM OEDA MANAGER Due to the absence of Mr. Ray, no report was given. ITEM 8: NEW BUSINESS None ITEM 9: ADJOURNMENT Motion made by Mr. Kimball, seconded by Mr. Charney to adjourn. At 11:15 am, the meeting was adj ourned. AYE: Kimball, Charney, Enzbrenner, Akin, Cataudella, Thomas, Sokolosky NAY: None ABSTAIN: None Motion carried 6-0. Frank Enzbrenner, Chairman Date Approved -2- MEMORANDUM TO: THE HONORABLE CHAIR & TRUSTEES OWASSO ECONOMIC DEVELOPMENT AUTHORITY FROM: RICKEY HAYES, ECONOMIC DEVELOPMENT DIRECTOR SUBJECT: OEDA CLAIMS FOR APRIL 2006 DATE: June 5, 2006 There were no claims for May 2006. Owasso Economic Development Authority Statement of Revenues, Expenses and Changes in Fund Net Assets For the Month Ending May 31, 2006 Operating Revenues Operating Expenses: Materials & supplies Services & other charges Capital outlay Total Operating Expenses Operating Income (Loss) Non -Operating Revenues (Expenses): Investment income Promissory note revenue RAN debt service & other costs Total non -operating revenues (expenses) Net income (loss) before contributions and transfers Transfer from general fund Change in net assets Total net assets - beginning Total net assets - ending MTD YTD Budget $0.00 $0.00 $0.00 0.00 0.00 0.00 0.00 2,500.00 5,000.00 0.00 0.00 0.00 2,500.00 5,000.00 0.00 (5,000.00) (2,500.00) 0.00 22.04 332.12 70.00 0.00 300,000.00 400,000.00 0.00 (306,582.19) (421,250.00) (6,250.07) (21,180.00) 22.04 22.04 (8,750.07) (26,180.00) 0.00 0.00 0.00 (8,750.07) (26,180.00) 22.04 67,034.76 67,034.76 $58,284.69 $40,854.76 MEMORANDUM TO: THE HONORABLE CHAIR AND TRUSTEES OWASSO ECONOMIC DEVELOPMENT AUTHORITY FROM: RICKEY HAYES DIRECTOR OF ECONOMIC DEVELOPMENT SUBJECT: DIRECTOR'S REPORT DATE: June 5, 2006 Logan's Roadhouse and Starbucks are under construction and will be opening soon. Best Buy is also under construction at this time and is slated for an October 06 opening. Steak and Shake, Lone Star Steakhouse, and several hotel / restaurant units are scheduled to begin site work soon. Construction continues on an auto parts retailer at 86"' and Garnett, and several new retail and office projects will begin construction in the next few weeks. I attended the ICSC Convention the week of May 21-24 at the Las Vegas convention center. I met with several retailers who are looking to locate on various commercial properties in Owasso. I believe that from these meetings the City of Owasso can look forward to several new retail outlets in the near future. Major big box retailers including sporting goods, bookstores, clothing outlets, and restaurants were represented in the meetings. I am in contact with several corporate site selection consultants as we begin to gear up for the next phase of our overall economic development vision. Job creation and the relocation of small and medium regional offices will be our target group in the months to come. New internet and printed marketing material targets corporate office relocation, and is geared to answer specific information needs of corporate site consultants. Several office and mixed use developments are expected in the commercial properties adjacent to both hospital projects. Hospital construction continues on both sites and both groups are reporting that the weather has expedited construction timing to the point that we may see openings ahead of schedule. 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. MEMORANDUM TO: HONORABLE CHAIR AND TRUSTEES OWASSO ECONOMIC DEVELOPMENT AUTHORITY FROM: SHERRY BISHOP FINANCE DIRECTOR SUBJECT: FISCAL YEAR 2006-2007 BUDGET DATE: June 5, 2006 BACKGROUND: The proposed budget for fiscal year 2006-2007 was presented to the OEDA Trustees for review at the May meeting. As a Title 60 Public Trust, the OEDA is required to file an annual budget with its beneficiary, the City of Owasso. The budget or appropriation for a public trust is not a legal restriction on the expenditure of funds as it is for a municipality. The FY 2007 budget includes quarterly principal payments from Vanguard as revenue. The quarterly principal and interest payments on the OEDA's Revenue Anticipation Note to the City of Owasso are included as expenses. RECOMMENDATION: Staff recommends OEDA Trustee approval of the attached budget proposal for fiscal year 2006- 2007 with estimated revenues of $400,300 and total appropriations of $420,254. ATTACHMENTS: OEDA Proposed Budget Owasso Economic Development Authority Proposed Budget FY 2006-2007 BEGINNING FUND BALANCE (7-1-2006) PROPOSED REVENUE 95-000-46100 Interest 300 95-000-46500 Promissory Note Revenue 400,000 TOTAL REVENUE 400,300 PROPOSED EXPENSES Personal Services - Materials & Supplies - Other Services 4,000 Capital Outlay - Debt Service 416,254 TOTAL EXPENSES 420,254 $ 43,885 PROPOSED NET (19,954) PROJECTED ENDING FUND BALANCE (6-30-2007) $ 23,931 Note: $18,996 of the Projected Ending Fund Balance (6-30-2007) is restricted for future debt service. Fund Balance available for expenditure is $4,935. Owasso Economic Development Authority Fiscal Year 2006-2007 Annual Budget $450, 000 $400,000 $350,000 $300,000 $250, 000 $200,000 $150,000 $100, 000 $50,000 $0 OEDA 5-year Expense Trend (OEDA 95-710) FY 03 FY 04 FY 05 FY 06 FY 07 Expense Category Actual 2002-2003 Actual 2003-2004 Actual 2004-2005 Projected Actual 2005-2006 Proposed 2006-2007 Personal Services - - - - - Materials & Supplies - - - - Other Services & Charges 18,750 7,750 - 2,500 4,000 Capital Outlay - - - - - Debt Service - - 15,000 421,000 416,254 Total 18,750 7,750 15,000 423,500 420,254 OEDA Owasso Economic Development Authority Fiscal Year 2006-2007 Annual Budget OEDA Projected Actual Actual Actual Proposed Line Item Description 2003-2004 2004-2005 2005-2006 2006-2007 Personal Services *Total Personal Services* - - - - Materials & Supplies 95-710 52001 Office Supplies - *Total Materials & Supplies* - - - - Other Services & Charges 95-710 53001 Prof. & Tech. Services 6,250 2,500 4,000 53650 Travel & Training 1,500 - *Total Other Services & Charges* 7,750 - 2,500 4,000 Capital Outlay 95-710 54400 Machinery *Total Capital Outlay* Debt Service 95-800 55200 RAN Debt Service-- - - - Principal 400,000 400,000 Interest 9,000 7,254 55600 Other Costs (Letter of Credit; - 15,000 12,000 9,000 *Total Debt Service* - 15,000 421,000 416,254 Total OEDA 7,750 15,000 423,500 420,254 PROJECTS STATUS REPORT City OF Owasso Public Works Department June 8, 2006 E. 86th Street North/N. 97th E. Avenue (Mingo Road) Intersection - ODOT reopened project - Right-of-way acquisition completed - Utility relocations scheduled in February 2006 to be completed by August 2006 - Advertisement scheduled for November 2006 - Construction to start January 2007 - County to extend widening to Main Street • N. 129th E. Avenue (South of Home Depot to E 76th Street North) - Final design completed in November 2004 - Project on hold • E. 96th Street North (N. 117th E. Avenue to Garnett Road) - Completed • N. Garnett Road (E. 86th Street North to E. 96th Street North) - Completed • Water System Improvements (Booster Pump Station/Transmission Main) - Bids received on January 9, 2006 - Construction awarded to McGuire Bros. Construction Company for $3,848,184.63 - Elements include Transmission Main, Booster Pump Station and Pressure Plane Appurtenances - Notice to Proceed issued on March 7, 2006 - Pre -construction meeting to be held on March 9, 2006 - Construction completion scheduled by November 2006 Rickey Hayes RESIDENTIAL BUILDING PERMITS (NEW CONSTRUCTION COUNTS) Month 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 January 6 6 9 12 16 45 29 21 20 23 64 54 30 31 22 February 10 i1 : IQ 8:'.'€; :.9.8:::: 35 ...:.:::3 .....21:' 26 44 7p::`':41.. 50 52 41... . . March 12 12 15 28 30 34 34 51 24 48 51 38 75 65 50 'A 'E ..PrE ...... .. ..... 12 €17::€:€1 ::.:.:.......::.:..... .. 1 :: I a .. .............. .... 1. ,..:. :. &........ .. ' : 5 ........35...... 47... 4 63 52 May 9 8 13 8 24 27 26 39 42 26 38 29 31 43 36 Jt�ne` 13 ` :.:.:.10 `'.:x8:::::2&::::€:..15:`:::37:::::::::25.::::::::5;:;:`::0:::::::::. ............. ............. • .. 3>7 :'..3.......SI..:...33.:::::. • 4 :'.. 53 ...::. . 42 .. July' 10 .....13......13.... 28.. .. 28 .....29 .....27.. ...33.. ...37..... 4.4..... 3.2.....34 . 27 Au Usti g:.:.:.:.....................�...:.......9,...........�{1...........2f�..;........ y : 2 s...........3Q....................:.....��.;.:.......3�..........3_............�3_.......:.;31...........36 22 I i,:`4�;:.::'.�: September 14 12 12 20 21 24 31 29 29 29 30 52 64 35 October M `' $ .. 24:.:. 3fi 1: `..48 . :.:?�2 X November 19 13 15 20 13 14 26 14 18 24 26 35 31 32 December 9i7 9 3 19 .: 28 23 . ' 4 '' 26 2D 29 ' 35 S I 35 53 Totals 142 133 162 208 293 333 401 362 377 406 524 479 528 518 201 Year to Date 49 54 65 74 127 167 170 170 173 191 274 197 233 254 201 -9280 U) N y210 E a140 c 70 m d 0 1992 1994 $28,000,000 c $21,000,000 V N 2 $14,000,000 0 00 U $7,000,000 3 z $0 1992 54,000,000 c 0 40,500,000 U N 7 i 27,000,000 0 U 13,500,000 3 z 0 1996 May Year to Date Count 1998 2000 May ,Year to Date Dollars 2002 2004 2006 1994 1996 1998 2000 2002 New Construction Dollars Totals for Each Year 1992 1994 1996 1998 2000 2002 2004 2006 CITY OF OWASSO RESIDENTIAL LOT INVENTORY STATUS May 31, 2006 SUBDIVISION # OF LOTS Barrington Point III (8/96) 32 Bradfords at Silver Creek (2/98) 83 Brentwood Village (6/99) 64 Broadmore Heights (10/92) 32 Brookfield Crossing (11/02) 134 Central Park II (7/97) 96 Chelsea Park (9/04) 106 Coffee Creek (04/01) 101 Coffee Creek II (12/05) 79 Country Estates II (6/97) 193 Country Estates III (3/99) 61 Country Estates VI (11/03) 37 Double Oaks III (8/93) 63 Fairways at Bailey Ranch (8/95) 80 Fairways III Extended (6/99) 104 Fairways V (8/99) 71 Fairways VI (12/00) 42 Falls at Garrett Creek (12/05) 104 Honey Creek (4/02) 202 Honey Creek II (12/04) 119 Lake Valley (02/06) 110 Metro Heights (11/01) 52 Metro Heights II (6/02) 42 Nottingham Estates III (9/99) 23 Nottingham Estates IV (8/01) 20 Nottingham Estates V (3/01) 44 Preston Lakes (12/00) 272 Preston Lakes III (10/04) 147 Remington Park II (11/04) 84 Sawgrass Park (01/02) 178 Sawgrass Park II (04/05) 96 The Summit at Southern Links (6/97) 31 The Village at Silver Creek (09/02) 62 Watercolors (12/02) 40 TOTALS 3004 # DEVELOPED 30 80 62 28 133 95 106 94 19 191 58 36 62 79 96 46 37 29 198 119 37 51 41 19 12 37 237 64 81 178 20 26 52 15 2468 # AVAILABLE 2 3 2 4 1 1 0 6 60 2 3 1 1 1 8 25 5 75 4 0 73 1 1 4 8 7 35 83 3 0 76 5 10 25 535 Watercolors (12/02) The Village at Silver Creek (09/02) The Summit at Southern Links (6/97) Sawgrass Park II (04/05) Sawgrass Park (01/02) 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 II (6/02) Metro Heights (11/01) Lake Valley (02/06) Honey Creek II (12/04) Honey Creek (4/02) Falls at Garrett Creek (12/05) Fairways VI(12/00) Fairways V (8/99) Fairways III Extended (6199) Fairways at Bailey Ranch (8/95) Double Oaks III (8/93) Country Estates VI (11/03) Country Estates III (3/99) Country Estates II (6/97) Coffee Creek II (12/05) Coffee Creek (04101) Chelsea Park (9/04) Central Park II (7/97) Brookfield Crossing (11/02) Broadmore Heights (10/92) Brentwood Village (6/99) Bradfords at Silver Creek (2198) Barrington Point III (8196) CITY OF OWASSO Residential Lot Inventory Status 0 50 100 150 200 250 300 11Total Lots ■Lots Developed FENCELINE BUILDING PERMIT REPORT May 2006 Subdivision Cost Clear Brook $480,000.00 Clear Brook $1,000,000.00 Clear Brook $325,000.00 Eagles Landing $180,000.00 Looking Glass 60,000,00 Oakridge 219,000.00 O'Donnell Acres 140,000.00 Scissor Tail Ridge 200,000.00 Timbergate 260,000.00 Timbergate 154,000.00 Winfield Ridge 149,000.00 Winfield Ridge 148,000.00 Winfield Ridge 180,000.00 13 New Homes $ 3,495,000.00 FENCELINE PERMITS BY YEAR 2003 2004 2005 2006 Month fenceline fenceline fenceline fenceline Jan 13 13 13 14 Feb 6 17 13 24 March 14 18 27 11 April 13 22 19 8 May 11 20 21 `. �,-13 June 15 13 23 , July 11 23 12 Aug 22 18 15 :. Sept 9 11 20 Oct 27 20 17 Nov 17 13 10 Dec 15 10 9 Totals 173 198 199 70 YTD 57 90 93 70 COMMERCIAL Building Permits (New Construction Counts) Month 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 January 0 0 1 1 0 0 5 2 3 0 0 0 1 2 9 r , :.:.:::::::... Feb ua:€:::fl::......1 :...:.:.:.:.:.:.:.:.:.:.:.:.:.:.:.:.:.:.:......................... ....... :::::: 0..::::::.1 : :::::.....::. . :.:.:.:.:.:.. 0 ... . 7: March 2 1 0 0 5 2 1 1 1 0.:......:.:3.......1:.........:.2.:.........:1.:.......:.14:... i::.` rI ....................................................................................................................... ... 6 ... . 0 1' 8 1 .: May 1......2......2.......3.......0.......1 4 0 2 2... 4 1 1 3 2 fl........:....................5.............3............. ...............................:.:.:.:.:.:.:.:...:.:.:.:.:::.:.:.:.:.:....:.:. 3 : 3 :........: :.:....:..2..':::4:'::::.. July 1 0 0 5 1 1 1 2 7 0 1 0 0 0 ....................... aU st . . fl . 2....." _ .... .. s .......... ........................a .........:,. .........2.............3...........a........... ... .. September 1 1 0 0 2 2 2 0 2 0 2 ........................................... 2 1 2 . October1 0 1 2.:.... fl::... 2...'° 2 . ...:.:.:.:. $::.:::: :€:€ ` November ............................................................... 1 0 2 1 2 1 0 5 6 5 1 1 .................. 3 0 R.. eem e....... fl ..... ......... 2 .............. R 0 Totals 8 12 13 19 20 26 66 26 52 27 23 12 25 23 26 Year to Date 4 5 3 5 10 8 53 9 19 12 9 4 12 15 26 Includes Churches, Schools, and Government Facilities r May Year to Date Count m 56 L N 42 m — E r 28 U m 14 a 0 1992 1994 1996 1998 2000 2002 2004 2006 May Year to Date Dollars c c 60,000,000 0 N 45,000,000 r _ _ 30,000,000 0 0 0 15,000,000 m 0 Z 1992 1994 1996 1998 2000 2002 2004 2006 ;New Construction Dollars j Totals for Each Year c $65,000,000 in$48,750,000 $32,500,000 0 0 $16,250,000 U 3 $0 z 1992 1994 1996 1998 2000 2002 2004 2006 OCCUPANCY PERMITS NAME ADDRESS STATUS APPLICATION DATE OPENING DATE COMPLETE DECEMBER 2005 Allied Home Mortgage 10310 N 138 E Ave New 12/27/2005 12/30/2005 Yes Caffee Passions, LLC 13720 E 86 St No New 12/20/2005 1/2/2006 Yes Compadres Mexican Grill 12551 E 86 St No New 12/1 /2005 12/15/2005 Yes Guide One Insurance 13720 E 86 St No #120 Relocate 12/7/2005 12/13/2005 Yes Hamlet 9045 N 121 E Ave #500 New 12/13/2005 12/17/2005 Yes 1 on 1 Fitness, LLC 9045 N 121 E Ave #1100 New 12/21/2005 12/26/2005 Yes Maggie Moo's Ice Cream 9045 N 121 E Ave New 12/15/2005 12/26/2005 Yes McCee's Styling Co., LLC 11230 N Garnett #C New 12/20/2005 1/20/2006 No Robyn's Harden's Hamburger 11501 N Garnett New 12/22/2005 1/3/2006 Yes Slim Care, Inc 8787-H Owasso Exp New 12/6/2005 12/6/2005 Yes Virco Enterprises, LLC 9530 N 129 E Ave #102 New 12/14/2005 12/19/2005 Yes Wild Noodles 9045 N 121 E Ave #1100 New 12/12/2005 12/14/2005 Yes JANUARY 2006 El Tequila 12500 E 86 St No. New 1/6/2006 1/15/2006 Yes 1st United Methodist Church 13800 E 106 St No New 1/23/2006 1/20/2006 Yes Imagine Hair Studio 12811 E 86 PI No New 1/4/2006 1/1/2106 Yes. Linens-N-Things 9018 N 121 E Ave New 1/19/2006 2/2/2006 Yes Small Animal Hospital 12500 E 86 St N, #105 New 1/26/2006 2/1/2006 Yes FEBRUARY 2006 Mi Rancho 12412 E 86 St No New 2/6/2006 2/18/2006 Yes Al's Formal Wear 9031 N 121 E Ave #100 New 2/17/2006 2/21/2006 Yes Orthopedic Hospital of Okla 13720 E 86 St No #140 New 2/20/2006 3/3/2006 Yes Hand Me Down 13720 E 86 St No New 2/21 /2006 2/21 /2006 Yes Sutterfield's Flowers 9100 N Garnett Road #J New 2/22/2006 4/8/2006 Yes The Market 12932 E 86th St No New 2/24/2006 4/1/2006 Yes Sugar & Spice Bakery 1 N Main Owner Change 2/27/2006 3/14/2006 Yes MARCH 2O06 Chic-Fil-A 12015 E 96 St N New 3/9/2006 3/30/2006 Yes Men's Warehouse 9045 N 121 E Ave New 3/9/2006 3/31/2006 Yes C & R Liquor 11330 N Garnett Relocate 3/21/2006 5/15/2006 No Maid in Owasso, Inc. 11300 N Garnett New 3/14/2006 4/1/2006 Yes Metcalf Shows 8819 N 145 E Ave New 3/23/2006 4/1/2006 Yes Nordaggio's Coffee, LLC 9045 N 121 E Ave New 3/6/2006 3/17/2006 Yes Monterey House 9021 N 121 E Ave New 3/24/2006 3/27/2006 Yes Touch of Sun 9540 N Garnett New 3/28/2006 3/28/2006 Yes Great Clips 9500 N 129 E Ave New 3/29/2006 4/1/2006 Yes APRIL 2006 Jamba Juice 9025 N 121 E Ave New 4/3/2006 4/4/2006 Yes Savvy Sisters Home Decor 12802 E 86 St No New 4/14/2006 3/18/2006 Yes Pass Your Plate 9455 N Owasso Exp New 4/5/2006 5/5/2006 Yes MAY 2006 Super Supper 9045 N 121 E. Ave New 5/4/2006 5/22/2006 Yes Camille's 9021 N 121 E. Ave New 5/1/2006 5/1/2006 Yes Advance Auto Parts 10713 E 86 St N New 5/25/2006 6/1/2006 No PERMITS APPLIED FOR IN MAY 2006 ADDRESS BUILDER ADD/ZONE VALUE A.S.F. PERMIT # DATE 9035 N 121 E Ave Starbucks SmFarms/CS 153,200 1532 06-0501-C 5/1/2006 9540 N Garnett Frank Hixon Cdl Ctr/CS 65,000 2040 06-0502-C 5/l/2006 10103 N 142 E Ave Simmons Homes CC/RS-3 155,064 3692 06-0503-X 5/2/2006 10108 N 142 E Ave Simmons Homes CC/RS-3 155,064 3692 06-0504-X 5/2/2006 10106 N 142 E Ave Simmons Homes CC/RS-3 129,360 3080 06-0505-X 5/2/2006 11607 E 105 St N Simmons Homes SGP/RS-3 115,878 2759 06-0506-X 5/2/2006 10229 N 120 E Ave Capital Homes SGP/RS-3 126,840 3020 06-0507-X 5/2/2006 14024 E 101 St N Simmons Homes CC/RS-3 123,900 2950 06-0508-X 5/4/2006 12008 E 111 St N Rausch Coleman RP/RS-3 78,078 1859 06-0509-X 5/4/2006 12004E 111 St N Rausch Coleman RP/RS-3 76,356 1818 06-0510-X 5/4/2006 7910 N 125 E Ave Pat Hubbartt DO/RS-3 104,160 2480 06-0511-X 5/4/2006 14203 E 101 St N Simmons Homes CC/RS-3 125,160 2980 06-0512-X 5/5/2006 9580 N Garnett Claude Neon Cdl Ctr/CS 12,800 75 06-0513-S 5/8/2006 9580 N Garnett Claude Neon Cdl Ctr/CS 11,000 40 06-0514-S 5/8/2006 9210 N 104 E Ave Simmons Homes FW/RS-3 133,728 3184 06-0515-X 5/8/2006 14316 E 87 St N Roberts Homes VSC/RS-3 105,378 2509 06-0516-X 5/8/2006 9204 N 103 E PI Simmons Homes FW/RS-3 165,900 3950 06-0517-X 5/10/2006 9009 N 157 E Ave Simmons Homes PL/RS-3 108,318 2579 06-0518-X 5/12/2006 10604 N 146 E Ave Simmons Homes LV/RS-3 79,548 1896 06-0519-X 5/15/2006 10905 N 146 E Ave Simmons Homes LV/RS-3 69,174 1647 06-0520-X 5/15/2006 9551 Owasso Exp Global Signs CtrWest/CS 1,980 24 06-0521-S 5/15/2006 9011 N 156 E Ave Simmons Homes PL/RS-3 84,000 2000 06-0522-X 5/16/2006 9512 N 137 E Ct Marion Homes NE/RS-2 166,992 3976 06-0523-X 5/16/2006 10308 E 92 PI N Simmons Homes FW/RS-3 155,064 3692 06-0524-X 5/17/2006 7762 Owasso Exp Construction Assoc Forrest Ck 154,000 4500 06-0525-C 5/18/2006 9551 Owasso Exp A -Max Signs Ctr West/CS 11,000 67 06-0526-S 5/18/2006 12413 E 89 Ct N Dolphin Pools LR/RS-3 6,194 286 06-0527-P 5/19/2006 9027 N 157 E. Ave Simmons Homes PL/RS-3 108,318 2579 06-0528-X 5/19/2006 10205 N 114 E Ave Premier Homes SGP/RS-3 106,806 2543 06-0529-X 5/23/2006 9508 N 137 E Ct John K Davis NE/RS-2 164,850 3925 06-0530-X 5/23/2006 8283 Owasso Exp Frank Hixon THIP/IL 287,000 6555 06-0531-C 5/23/2006 9705 E 90 Ct N American Heartland FW/RS-3 110,880 2640 06-0532-X 5/23/2006 13005 E 112 St N Denny Construction FGC/RS-3 107,562 2561 06-0533-X 5/23/2006 13007 E 112 St N Denny Construction FGC/RS-3 121,380 2890 06-0534-X 5/23/2006 10309 E 94 PI N Simmons Homes FW/RS-3 155,064 3692 06-0535-X 5/25/2006 10221 N 120 E Ave Simmons Homes SGP/RS-3 99,960 2380 06-0536-X 5/25/2006 10708 N 147 E Ave Capital Homes LV/RS-3 72,408 1724 06-0537-X 5/25/2006 10227 N 120 E Ave Capital Homes SGP/RS-3 100,716 2398 06-0538-X 5/25/2006 11112 N 119 E Ave Rausch Coleman RP/RS-3 76,230 1815 06-0539-X 5/25/2006 11100 N 120 E Ave Rausch Coleman RP/RS-3 76,230 1815 06-0540-X 5/25/2006 10010 E 92 St N Simmons Homes FW/RS-3 133,308 3174 06-0541-X 5/25/2006 15404 E 91 St N Simmons Homes PL/RS-3 97,650 2325 06-0542-X 5/25/2006 10512 N 110 E Ave jBrasfield & Gorrie lBaileyMedCtd 495,000 8000 06-0543-C 5/30/2006 8341 Owasso Exp Oil Capital Signs TL/CS 2,000 36 06-0544-S 5/30/2006 15807 E 91 St N Simmons Homes PL/RS-3 146,664 3492 06-0545-X 5/30/2006 14501 E 108 St N Simmons Homes LV/RS-3 72,828 1734 06-0546-X 5/31/2006 12001 E 115 PIN Rausch Coleman RP/RS-3 79,002 1881 06-0547-X 5/31/2006 36 Single Family $4,087,818.00 97,331 SgFt 2 Commercial 307,200.00 6,032 SgFt 1 Commercial Addition 287,000.00 6,555 SgFt 2 Commercial Remodels 560,000.00 10,040 SgFt 1 Pool 6,194.00 286 SgFt 5 Signs 38,780.00 242 SgFt 47 Building Permits $5,286,992.00 120,486 SgFt BUILDING INSPECTION DEPARTMENT REPORT FOR MAY 2006 Building Permits Issued 52 $18,464.75 Economic Development 47 13,314.36 Mechanical Permits Issued 51 6,027.28 Electrical Permits Issued 62 6,197.28 Plumbing Permits Issued 66 6,377.28 Recreation Development 37 5,600.00 Sign Permits Issued 1 25.00 Reinspection Fees -0- Sewer Taps 58 23,200.00 Water Taps 35 35,125.00 Water Meter Deposits 35 1,750.00 TOTAL PERMITS 444 $116,080.95 NUMBER OF INSPECTIONS FOR THE MONTH Building 150 Mechanical 94 Electrical 167 Plumbing 186 Reinspection 36 Other p TOTAL INSPECTIONS 633 Owasso Economic Development Authority Proposed Budget FY 2006-2007 BEGINNING FUND BALANCE (7-1-2006) PROPOSED REVENUE 95-000-46100 Interest 300 95-000-46500 Promissory Note.Revenue 400,000 TOTAL REVENUE 400,300 PROPOSED EXPENSES Personal Services - Materials & Supplies - Other Services 4,000 Capital Outlay - Debt Service 416,254 TOTAL EXPENSES 420,254 PROPOSED NET $ 43,885 (19,954) PROJECTED ENDING FUND BALANCE (6-30-2007) $ 23,931 Note: $18,996 of the Projected Ending Fund Balance (6-30-2007) is restricted for future debt service. Fund Balance available for expenditure is $4,935. Owasso Economic Development Authority Fiscal Year 2006-2007 Annual Budget $450,000 $400,000 $350,000 $300,000 $250, 000 $200,000 $150, 000 $100, 000 $50,000 $0 OEDA 5-year Expense Trend (OEDA 95-710) FY 03 FY 04 FY 05 FY 06 FY 07 Expense Category Actual 2002-2003 Actual 2003-2004 Actual 2004-2005 Projected Actual 2005-2006 Proposed 2006-2007 Personal Services - - - - - Materials & Supplies - - - - - Other Services & Charges 18,750 7,750 - 2,500 4,000 Capital Outlay - - - - - Debt Service - - 15,000 421,000 416,254 Total 18,750 7,750 15,000 423,500 420,254 OEDA Owasso Economic Development Authority Fiscal Year 2006-2007 Annual Budget OEDA Projected Actual Actual Actual Proposed Line Item Description 2003-2004 2004-2005 2005-2006 2006-2007 Personal Services *Total Personal Services* - - - - Materials & Supplies 95-710 52001 Office Supplies *Total Materials & Supplies* Other Services & Charges 95-710 53001 Prof. & Tech. Services 6,250 2,500 4,000 53650 Travel & Training 1,500 - *Total Other Services & Charges* 7,750 - 2,500 4,000 Capital Outlay 95-710 54400 Machinery *Total Capital Outlay* Debt Service 95-800 55200 RAN Debt Service-- - - - Principal 400,000 400,000 Interest 9,000 7,254 55600 Other Costs (Letter of Credit, - 15,000 12,000 9,000 *Total Debt Service* - 15,000 421,000 416,254 Total OEDA 7,750 15,000 423,500 420,254