HomeMy WebLinkAbout1990.09.12_OEDA MinutesOWASSO ECONOMIC DEVELOPMENT AUTHORITY
MINUTES OF THE REGULAR MEETING
SEPTEMBER 12, 1990
O.E.D.A. CONFERENCE ROOM, 315 S. CEDAR, 12:00 NOON
1. CALL TO ORDER
Brenda Lawrence called the meeting to order at 12:30 p.m.
2. ROLL CALL
Present: Alan Anderson Brenda Lawrence Frank Enzbrenner
Tom Kimball
Absent: Patricia Marlar Mark Thompson Bill Retherford
Sherry Lambert
Staff
Present: Richard Hall Janice Fields
3. CONSIDERATION TO APPROVE THE MINUTES OF THE REGULAR AUGUST 8, 1990
MEETING.
Frank Enzbrenner made a motion to approve the minutes of the
regular August 8, 1990 meeting. Alan Anderson seconded the
motion. Aye: 4 Nay: 0 Carried: 4 -0
4. CONSIDERATION TO APPROVE WARRANTS.
Frank Enzbrenner made a motion to approve warrants in the amount
of $1,960.76. Alan Anderson seconded the motion.
Aye: 4 Nay: 0 Carried: 4 -0
5. FINANCIAL REPORT
6. EXECUTIVE DIRECTOR'S REPORT
Richard Hall summarized his report and is attached as part of the
minutes.
7. ATTORNEY'S REPORT
None
8. UNFINISHED BUSINESS
None
9. NEW BUSINESS
None
10. ADJOURN
Alan Anderson made a motion to adjourn. Frank Enzbrenner seconded
the motion. Aye: 4 Nay: 0 Carried: 4 -0
MEMORANDUM
TO: Owasso Economic Development Authority
FROM: Richard Hall, O.E.D.A. Director
SUBJECT: Director's Report
DATE: September 12, 1990
LOCAL INQUIRY
On August 15 I received a phone call from Judy Harrison, a
local realtor, asking about buildings or vacant lots that are
available for a machine shop of 2,000 to 2,500 square feet. I told
her that presently there were no buildings in the city that met
those specifications. However, I gave her Tulsa County information
and maps that detail certain lots of the Three Lakes Industrial
Park at 81st Street North and 116th East Avenue. I also gave her a
fact sheet of property at 8243 N. Garnett even though the building
on the property was larger than what she had specified.
MEETING WITH AREA DEVELOPERS
I met with two local developers Bob Grant and George Thomas on
August 22nd to discuss and encourage development of an industrial
park in or near Owasso. The discussion was wide ranging but
centered on the Hayward Smith property that Whiteside and Grant
lists at the Southeast corner of 96th and Garnett. George also
lists a tract near the marine shop on Garnett that he would like to
develop industrially. He said that the Smith property may be
difficult to develop because there is still a sizeable inventory of
buildings in the area. George said that while land prices have
declined, development costs have remained the same. Bargain prices
on existing buildings are below new development costs. He said
absorption of new lots also will be a problem and that the rent
that would be necessary for a speculative building would not pay
for the cost of construction of the building.
I disagreed with him that there is not a market in Owasso. The
Smith property may be for sale at a high price, but utilities will
be easier to bring to the tract. George said that a tract near the
Cherokee Industrial Park or the Smith property would be the best
properties to develop industrially. Both men were interested in
development near the proposed golf course and the master planning
that is currently being done for that property.
O.E.D.A. Director's Report
September 12, 1990
Page 2
TULSA COUNTY PURCHASE
Tulsa County has closed a deal to purchase the old Tulsa -
Houston building at 66th Street North and the Mingo Valley
Expressway. The County will base 45 workers at the facility but ten
people will be at the facility on a full time basis. The deal was
financed for $600,000 by a local bank while Tulsa County committed
$100,000 cash in the deal.
EXPANSION OF A LOCAL PIPE SUPPLY COMPANY
I have been asked by a local company to help in the expansion
of their business. The problem is that the business is located in
cramped quarters in a residential area outside the city limits.
Since approval of the expansion of the business must come from the
Tulsa County Board of Adjustment, one business partner and I
traveled to INCOG to discuss a Board of Adjustment application. I
have provided the businessman the names of residents in the area
and a petition for them to sign if they do not object to the
expansion. I have also volunteered to talk with the area residents
to get their endorsement of the proposal but I do not know if I
will be needed.
WOODS PRECISION PRODUCTS PROSPECT
As I have been documenting in my previous monthly reports,
local bankers and I continue to work with an area machine shop to
locate in Owasso. On August 30th Frank, Alan and I traveled to
Muskogee to a Verd- Ark -Ca meeting. That board approved a Small
Business Administration application for a loan prepared by the
Verd- Ark -Ca staff. The local banks will make a bank loan to finance
the second portion of the financial package. I have been preparing
a Community Development Block Grant, Economic Development Financing
grant through the Department of Commerce for the balance of the
funding program. The CDBG -EDF application procedure is cumbersome
but I have been assisted by both Verd- Ark -Ca and INCOG. The CDBG-
EDF grant application will go the Owasso City Council on September
18th.
PLASTICS MANUFACTURER
On Friday September 7th some of the City Hall staff and I had
some preliminary discussions with a plastics manufacturer about
moving to Owasso. A proposed plant will make plastic pallets and
shipping boxes. It is still too early to determine the financial
feasibility of the project.
F
O.E.D.A. Director's Report
September 12, 1990
Page 3
LEADERSHIP OWASSO
Susan Young and I have been visiting with state and local
experts to invite them to participate in the Leadership Owasso
program. The first meeting of the seminar will be Sunday October 7,
so as not to conflict with local football games. The first class
will be on October 9th from 3:00 p.m. until 9:00 p.m.. After that
the seminar will meet once a month until June, 1991.
Classes will be held from 2:00 p.m. to 9:00 P.M. on the second
Tuesday of each month at the Owasso Community Center, 301 S. Cedar.
A dinner will be catered to the class from a different restaurant
every month.
SEPTEMBER CALENDAR OF MEETINGS AND EVENTS
3 - LABOR DAY HOLIDAY, office closed.
4 - Owasso School Board, 7:30 p.m., Ator Elementary, 1500 North
Ash. Special Meetings can be called.
4 - Wal -Mart Grand Opening & Ribbon Cutting, 8:00 a.m., 8787 N.
Mingo Valley Expressway.
4 & 18 - Owasso City Council, 7:00 p.m., Community Center, 301 S.
Cedar. Special meetings can be called.
4 & 18 - Owasso Public Works Authority, Community Center, 301 S.
Cedar, immediately following city council meetings.
5 - Owasso Chamber of Commerce Board Meeting, 11:00 a.m., Rayola
Baptist Retirement Center Craft Room.
5 - Owasso Chamber of Commerce Membership Luncheon, 12:00 p.m.,
Rayola Baptist Retirement Center Cafeteria.
12- Owasso Economic Development Authority, 12:00 Noon, O.E.D.A.
Conference Room, 315 S Cedar. Special meetings can be called.
16 - Tentative Grand Opening & Ribbon Cutting for Owasso Library,
103 W. Broadway, call the Chamber office for updated information.
17 - Owasso Chapter Builders Association, 11:45 a.m., Golden Corral
Restaurant, 7703 N. Mingo Valley Expressway.
19 - Owasso Ambassadors, 11:30 a.m., Golden Corral Restaurant, 7703
N. Mingo Valley Expressway.
20 - Tentative Grand Opening & Ribbon Cutting for Texaco, 117th St.
and 86th St. No., call the Chamber office for updated information.
O.E.D.A. Director's Report
September 12, 1990
Page 4
26 - Owasso Chamber of Commerce Executive Committee Meeting, 12:00
Noon, Golden Corral Restaurant, 7703 N. Mingo Valley Expressway.
REGULAR SCHEDULED MEETINGS
Owasso School Board, 7:30 p.m., Administration Bldg., 1501 North
Ash. Special Meetings can be called. HELD THE 1ST MONDAY EACH
MONTH
Owasso Chamber of Commerce Board Meeting, 11:00 a.m., Rayola
Baptist Retirement Center Craft Room. FIRST WEDNESDAY EACH MONTH
Owasso Chamber of Commerce Membership Luncheon, 12:00 p.m., Rayola
Baptist Retirement Center Cafeteria. HELD FIRST WEDNESDAY EACH
MONTH
Owasso Economic Development Authority, 12:00 Noon, O.E.D.A
Conference Room, 315 S. Cedar. Special meetings can be called.
HELD THE 2ND WEDNESDAY EACH MONTH
Owasso City Council, 7:00 p.m., Community Center, 301 S. Cedar.
Special meetings can be called. HELD THE FIRST AND THIRD TUESDAY
EACH MONTH
Owasso Public Works Authority, Community Center, 301 S. Cedar,
immediately following city council meetings. HELD THE FIRST AND
SECOND TUESDAY EACH MONTH
Owasso Ambassadors, 11:30 a.m., Golden Corral Restaurant, 7703 N.
Mingo Valley Expressway. HELD THE THIRD WEDNESDAY EACH MONTH
Owasso Chapter Builders Association, 11:45 a.m., Golden Corral
Restaurant, 7703 N. Mingo Valley Expressway. HELD THE THIRD MONDAY
EACH MONTH
Owasso Chamber of Commerce Executive Committee Meeting, 12:00 Noon,
Golden Corral Restaurant, 7703 N. Mingo Valley Expressway. HELD
THE LAST WEDNESDAY EACH MONTH