HomeMy WebLinkAbout2010.06.10_OEDA AgendaPUBLIC NOTICE OF THE MEETING OF THE
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
TYPE OF MEETING: Regular FILE COPY
DATE: June 10, 2010
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 Clerk and posted on the City Hall bulletin board
at 5:00 p.m. on Tuesday, June 8, 2010.
Chelsea M.E. Harkins, Eco omic Development Director
AGENDA
1. Call to Order
Mr. Spriggs, 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 13, 2010 Regular Meeting.
Attachment
B. Approval of claims.
Attachment
C. Acceptance of the monthly financial report.
Attachment
3. Presentation of the FY 10 -11 Annual Operating Budget for the Owasso Economic
Development Authority.
Ms. Bishop
Attachment
OEDA
June 10, 2010
Page 2
4. Report from the Community Development Director
Mr. Fritschen
Attachment
5. Report from the Public Works Director
Mr. Stevens
Attachment
6. Report from Economic Development Director
Ms. Harkins
Attachment
7. Report from OEDA Manager
Mr. Ray
8. Report from OEDA Trustees
9. New Business (New Business is any item of business which could not have been foreseen
at the time of posting of the agenda.)
10. Adjournment.
MEETING OF THE
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
MINUTES OF MEETING
Thursday, May 13, 2010
The Owasso Economic Development Authority met in regular session on Thursday, May 13,
2010 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 PM on Tuesday, May 11, 2010.
ITEM 1: CALL TO ORDER & ROLL CALL
Chairman Spriggs called the meeting to order at 10:03 AM.
PRESENT
Brian Spriggs, Chairman
Gary Akin, Secretary
Dee Sokolosky, Trustee
Dirk Thomas, Trustee
David Chamey, Trustee
Steve Cataudella, Trustee
A quorum was declared present.
ABSENT
Frank Enzbrenner, Vice Chairman
STAFF
Chelsea Harkins, Economic Development Director; Roger Stevens, Public Works Director;
Karl Fritschen, Community Development Director; Juliann Stevens, Minute Clerk; Rodney Ray,
OEDA Manager;
ITEM 2: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST
FOR TRUSTEE APPROVAL OF THE OEDA CONSENT AGENDA
A. Approval of minutes of the April 8, 2010 Regular Meeting
B. Approval of claims
C. Acceptance of the monthly financial report
Mr. Cataudella moved to approve the consent agenda, seconded by Mr. Thomas.
AYE: Sokolosky, Charney, Spriggs, Akin, Thomas, Cataudella
NAY: None
ABSTAIN:
Motion carried 6 -0.
ITEM 3: Report from the Community Development Director
Mr. Fritschen presented the April Building Permit Report, reviewed the Quality of
Life Initiative Public Meetings and Wikiplanning website.
ITEM 4: REPORT FROM PUBLIC WORKS DIRECTOR
Mr. Stevens reviewed the status of various Public Works Department projects.
May 13, 2010
ITEM 5: REPORT FROM ECONOMIC DEVELOPMENT DIRECTOR
Ms. Harkins reviewed the Director's Report included in the agenda packet and a
discussion was held on business prospects for the city. Ms. Harkins also reviewed
many upcoming community sporting events and efforts to notify retailers and
restaurants.
ITEM 6: REPORT FROM OEDA MANAGER
No Report.
ITEM 7: REPORT FROM OEDA TRUSTEES
No Report.
ITEM 8: NEW BUSINESS
None.
ITEM 9: ADJOURNMENT
Motion made by Mr. Thomas, seconded by Mr. Chamey, to adjourn the meeting.
AYE: Thomas, Akin, Sokolosky, Spriggs, Cataudella, Chamey
NAY: None
ABSTAIN:
Motion carried 6 -0.
At 11:18 AM, the meeting was adjourned.
Juliann Stevens, Minute Clerk
-2-
MEMORANDUM
TO: THE HONORABLE CHAIRMAN AND TRUSTEES
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
FROM: CHELSEA M.E. HARKINS
ECONOMIC DEVELOPMENT DIRECTOR
SUBJECT: CLAIMS, OEDA
DATE: June 10, 2010
No Claims for May 2010.
Owasso Economic Development Authority
Statement of Revenues, Expenses and Changes in Fund Net Assets
For the Month Ending May 31, 2010
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 to 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
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.69
7.47
100.00
0.00
0.00
0.00
0.00
0.00
0.00
0.69
7.47
100.00
0.69
7.47
100.00
0.00
0.00
0.00
0.69
7.47
100.00
9,021.94
9,021.94
$9,029.41
$9,121.94
MEMORANDUM
TO: HONORABLE CHAIR AND TRUSTEES
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
FROM: SHERRY BISHOP
ASSISTANT CITY MANAGER, ADMINISTRATIVE SERVICES
SUBJECT: FISCAL YEAR 2010 -2011 BUDGET
DATE: June 10, 2010
BACKGROUND:
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 proposed budget for the OEDA is attached for your review and discussion only at this time.
Recommendation for approval of the FY 2011 budget will be on the agenda for the July meeting.
The total appropriation proposed for FY 2011 is $5,000 in the Other Services category of the
budget. This amount would make funding available at the discretion of the Trustees.
If you have any questions or would like additional information, please call me at 376 -1516.
ATTACHMENT:
OEDA Proposed Budget FY 2010 -2011
Revenues
Charges for Services
Miscellaneous
Total Revenues
Promissory Note Revenue
Transfers In
Total Revenues & Other Sources
Expenditures
Other Services
Debt Service
Total Department Expenditures
Other Uses
Transfers Out
Total Expenditures & Other Uses
Change in Fund Balance
Projected Beginning Balance
Projected Ending Balance
OEDA FUND
Budget Proposal
Summary of Revenues and Expenditures
Projected
Actual
Actual
Actual
Proposed
Percent
FY 07 1 08
FY 08 1 09
FY 09 1 10
FY 10 1 11
Change
13,364
0
0
0
150
14
8
0
-100.00%
13,514
14
8
0
- 100.00
1,200,000
0
0
0
-
0
2,535
0
0
-
1,213,514
2,549
8
0
- 100.00%
0
0
0
5,000
-
1,217,019
2,535
0
0
-
1,217,019
2,535
0
5,000
-
24,690
0
0
0
-
1,241,709
2,535
0
5,000
-
($28,195)
$14
$8
($5,000)
- 62600.00%
37,203
9,008
9,022
9,030
0.09%
9,008
9,022
9,030
4,030
- 55.37%
Ending
Month
May
RESIDENTIAL BUILDING PERMITS (NEW CONSTRUCTION COUNTS)
Month 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
1 January 20 23 64 54 30 31 22 13 25 15 17
2 February 26 44 70 41 50 52 41 14 19 23 29
3 March 24 48 51 38 75 65 50 25 35 30 46
4 April 61 50 51 35 47 63 52 30 31 36 31
5 May 42 26 38 29 31 43 36 60 23 27 30
6 June 30 34 51 33 53 42 29 27 21 34 0
7 July 33 37 44 32 34 27 12 23 24 28 0
8 August 38 31 33 31 36 45 28 27 18 28 0
9 September 29 29 30 52 64 35 12 17 40 20 0
10 October 36 31 31 48 42 30 25 31 15 36 0
11 November 18 24 26 35 31 32 13 26 10 13 0
12 December 20 29 35 51 35 53 16 8 6 13 0
Totals 377 406 524 479 528 518 336 301 267 303 153
Year to Oat( 173 191 274 197 233 254 201 142 133 131 153
May j
Year to Date Count
300 - -- ... -- ... - - - -- -- -- - -- - -- - - -- -
H 250
N
E
200 `
a 150
1
m 100
50 j
0
I
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
May
Year to Date Dollars
In
m
0 30,000,000 - _.._...._........
- -
c 25,000,000
0 20,000,000
15,000,000
10,000,000
rn
5,000,000
v 0
,
Z2000
2002 2004 2006 2008 2010
New Construction Dollars
Totals for Each Year
m60,000,000 --------------------------------------------------------------------------------------------
0
45,000,000
.� 30,000,000 --------------------
-------- - ---- ---- ------ --- - - - --- ----- - - ---- ----L
U
15,000,000 ----------------------------------------
- - - - -- ---------- ------------------------------------------------
y
0 0
3 2000
2002 2004 2006 2008 2010
i m
z .
CITY OF OWASSO
RESIDENTIAL LOT INVENTORY STATUS
May 31, 2010
SUBDIVISION
Burberry Place (6/09)
Camelot Estates (4107)
Champions East (05108)
Country Estates 111 (3/99)
Country Estates VI (11/03)
Crescent Ridge (02/08)
Fairways V (8199)
Fairways VI (12/00)
Falls at Garrett Creek (12/05)
Falls at Garrett Creek Amended
(12/05)
Honey Creek (4/02)
Keys Landing (3/08)
Lake Valley 111 (09/08
Lakes at Bailey Ranch (10/07)
Maple Glen (12/08)
Nottingham Estates IV (8/01)
Nottingham Estates V (3/01)
Nottingham Hill (6109)
Preston Lakes (12/00)
Preston Lakes III (10/04)
Remington Park II (11/04)
Sawgrass Park 11 (04/05)
The Summit at Southern Links (6/97)
watercoiours (12/02)
TOTALS
# QF # #
LOTS DEVELOPED AVAILABLE
89
11
78
139
43
96
66
4
62
61
58
3
37
36
1
101
87
16
71
57
14
42
39
3
85
84
1
24
20
4
202
198
4
131
81
50
131
121
10
235
121
114
98
78
20
20
17
3
44
43
1
58
6
52
272
243
29
147
141
6
84
82
2
96
93
3
31
26
5
40
27
13
2304
1714
590
Watercolours (12102)
The Summit at Southern Links (6197)
Sawgrass Park II (04105)
Remington Park II (11/04)
Preston Lakes 111 (10104)
Preston Lakes (12100)
Nottingham Hill (6/09)
Nottingham Estates V (3101)
Nottingham Estates IV (8/01)
Maple Glen (12/08)
Lakes at Bailey Ranch (10107)
Lake Valley III (09/08
Keys Landing (3108)
Honey Creek (4/02)
Falls at Garrett Creek Amended (12/05)
Falls at Garrett Creek (12105)
Fairways Vl (12100)
Fairways V (8/99)
Crescent Ridge (02108)
Country Estates A (11103)
Country Estates III (3199)
Champions East (05!08)
Camelot Estates (4/07)
Burberry Place (6/09)
CITY OF OWASSO
Residential Lot Inventory Status
0 50 100 150 200 250
I ®Lots Developed C)Total Lots
300
Ending
Month
COMMERCIAL Building Permits (New Construction Counts)
Month 2000 2001 2002 2083 2004 2005 2006 2007 2008 2009 2010
2Feb,uary 12 2 1 1 5 5 0 3 2 0 1
3Mamh 1 U 5 1 2 1 14 2 0 1 3
4Apd| 1 8 i 1 8 4 1 O 4 1 1
5K4ay 2 2 4 1 1 3 2 1 1 2 1
0Jun* O S 0 4 3 4 1 1 2 0
7Ju|y 7 0 1 U O V O O 1 0 0
8Augmst 2 3 4 1 3 1 7 3 1 O 0
S September 2 o 2 2 1 2 1 28 3 0 o
10 October 14 4 8 O Q 1 3 4 1 n O
11 November V 5 1 1 3 O 1 1 1 2 O
12
Totals 52 27 23 12 23 23 43 48 20 9 7
Year u,Date 19 12 * 4 12 vn 26 10 n o /
May
Year to Date Count
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Year to Date Do far
.0 60,000,000
50 30:000:000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Now Construction Dollars
Totals for Each Year
Tov.vvvvvv
0OOUOO
�%40.000.000
" $2OUUUOOO
` .
|
2! $O
/
|
2000 2002 2004 2006 2008 2010
OCCUPANCY PERMITS
NAME ADDRESS STATUS APPLICATION OPENING COMPLETE
DATE DATE
JANUARY 2010
1/1/2710
Ow Track/Soccer Bldg
12901 E 86 St N
Church's
11618 E 86 St N
Larry C. Sang, Jr
12899 E 76 St N
FEBRUARY 2010
1/28/2010
Oklahoma Heart Institute
10512 N 110 E Ave #140
Hope Hospice LLC
8291 N Owasso Exp
Ruby Tuesday
11909 E 96 St N
MARCH 2010
2/17/2010
Crash Course
204 E 5 Ave
Marriott Townplace
9355 Owasso Exp
Statewide Title & Escrow
12899 E 76 St N #116
APRIL 2010
3/1/2010
Terri A. Richison
11230 N Garnett Road
Aaron's Rental
8705 N 117 E Ave
A J Medical
202 E 2 Ave
Owasso Tumbling & Cheer
507 E 2 Ave
MAY 2010
No
Bloomingdeals LLC
11612 E 86 St IN
Asiana Express
11560 N 135th E ave
New
1/1/2710
1/1/2710
Yes
New
1/6/2010
1/6/2010
Yes
New
1/28/2010
2/1/2010
No
New
214/2010
2/4/2010
Yes
New
2/17/2010
2/17/2010
No
New
2/1/2010
2/28/2010
Yes
New
3/1/2010
3/1/2010
Yes
New
3/12/2010
3/15/2010
Yes
New
3/25/2010
4/1/2010
No
New
4/15/2010
5/1/2010
No
New
4/23/2010
4/26/2010
Yes
New
4/28/2010
6/1/2010
No
New
4/29/2010
5/1/2010
No
New
5/19/2010
6/1/2010
No
New
5/27/2010
5/27/2010
No
PERMITS APPLIED FOR IN MAY 2010
ADDRESS
BUILDER
ADD /ZONE
VALUE
A.S.F.
PERMIT #
DATE
12200 E 96 St N
Fuller Sign Service
RCB Ctr /CS
30,000
110
10- 0501 -S
5/3/2010
11225 N 133 E Ave
Rausch Coleman Homes
CR /RS -3
85,000
1823
10- 0502 -X
5/5/2010
11227 N 133 E Ave
Rausch Coleman Homes
CR/RS -3
85,000
1847
10- 0503 -X
5/5/2010
15202 E 90 PI N
Robert Jones
PL /RS -3
10,000
196
10- 0504 -X
5/5/2010
13911 E 89 St N
Advanced Pools
BWP /RS -3
50,000
490
10- 0505 -P
5/5/2010
11094 N 114 E Ave
Capital Homes
MGRS -3
86,250
2070
10- 0506 -X
5/17/2010
9100 N 97 E Ave
Terry Davis Homes
LBR/RS -3
170,000
3100
10 -507 -X
5/17/2010
11090 N 117 E Ave
Simmons Homes
MG /RS -3
90,720
1965
10 -508 -X
5/17/2010
12107 E 88 Pl N
Custom Carports
TL /RS -3
7,650
720
10- 0509 -X
5/17/2010
11610 E 86 St N
Luis Vazquez
TL /CS
11,500
1156
10- 0510 -C
5/18/2010
11501 N 135 E Ave
Heritage Construction Co
GCC /CS
500,000
3083
10- 0511 -C
5/18/2010
14499 E 86 St N
Amax Signs
SCC /CS
7,000
79
10- 0512 -S
5/18/2010
14499 E 86 St N
Amax Signs
SCC /CS
3,000
120
10- 0513 -S
5/18/2010
15132 E 108 PI N
Simmons Homes
LV/RS -3
91,620
1964
10- 0514 -X
5/24/2010
11601 E 76 St N
Oil Capital Neon
OCC /CS
7,500
65
10- 0515 -S
5/24/2010
13720 E 86 St N #150
Global Sign
RenCtr /CS
4,000
34
10- 0516 -S
5/24/2010
11440 E 81 St N
Acura Neon
TL1/1L
2,000
80
10- 0517 -S
5/25/2010
10732 N 154 E Ave
Capital Homes
LV /RS -3
86,250
1888
10- 0518 -X
5/26/2010
14100 E 106 St N #100
Case Development
VCC /RM
161,040
2553
10- 0519 -X
5/26/2010
14100 E 106 St N #200
Case Development
VCC /RM
1,329,600
26592
10- 0520 -X
5/26/2010
14100 E 106 St N #600
Case Development
VCC /RM
946,800
24585
10- 0521 -X
5/26/2010
14100 E 106 St N #300
Case Development
VCC /RM
101,850
3200
10- 0522 -X
5/26/2010
14100 E 106 St N #400
Case Development
VCC /RM
101,850
3200
10- 0523 -X
5/26/2010
14100 E 106 St N #500
Case Development
VCC/RM
101,850
3200
10- 0524 -X
5/26/2010
14100 E 106 St N #700
Case Development
VCC/RM
101,850
3200
10- 0525 -X
5/26/2010
14100 E 106 St N #900
Case Development
VCC /RM
101,850
3200
10- 0526 -X
5/27/2010
14100 E 106 St N #1000
Case Development
VCC /RM
101,850
3200
10- 0527 -X
5/27/2010
14100 E 106 St N #1200
Case Development
VCC /RM
101,850
3200
10- 0528 -X
5/27/2010
14100 E 106 St N #1500
Case Development
VCC/RM
101,850
3200
10- 0529 -X
5/27/2010
14100 E 106 St N #1400
Case Development
VCC /RM
101,850
3200
10- 0530 -X
5/27/2010
14100 E 106 St N #1600
Case Development
VCC /RM
664,800
13296
10- 0531 -X
5/27/2010
14100 E 106 St N #1300
Case Development
VCC /RM
946,800
24585
10- 0532 -X
5/27/2010
14100 E 106 St N #1700
Case Development
VCC /RM
1,260,000
25200
10-0533-X'
5/27/2010
14100 E 106 St N 41100
Case Development
VCC /RM
1,260,000
24585
10- 0534 -X
5/27/2010
14100 E 106 St N #800
Case Development
VC:C /1ZM
1,260,000
25200
10- 0535 -X
5/27/2010
14100 E 106 St N #1800
Case Development
VCC /RM
101,850
3200
10- 0536 -X
5/27/2010
14100 E 106 St N #1900
Case Development
VCC /RM
101,850
3200
10- 0537 -X
5/27/2010
14100 E 106 St N #2200
Case Development
VCC /RM
101,850
3200
10- 0538 -X
5/27/2010
14100 E 106 St N #2000
Case Development
VCC /RM
1,260,000
24585
10- 0539 -X
5/27/2010
14100 E 106 St N #2100
Case Development
VCC /RM
1,027,200
24585
10- 0540 -X
5/27/2010
9505 N 144 E Ave 1
Dayspring Custom Home
NH /RS -2
300,000
2940
10- 0541 -X
5/27/2010
8 Single Family
$994,840
17,597 SgFt
2 Residential Additions
17,650
916 SgFt.
22 Multi - Family (Apartments)
11,338,440
254,166 SgFt
1 New Commercial
500,000
3,083 SgFt
1 Commercial Remodel
11,500
1,156 SgFt
6 Signs
53,500
488 SgFt
1 Pool
50,000
490 SgFt
41 Building Permits _
$12,965,930
277,896 SgFt
PROJECTS STATUS REPORT
City of Owasso Public Works Department
As of June 1, 2010
E. 86th Street North Widening (from Main Street to N. Memorial Drive)
- Funding for the construction of this project is a result of a "matching grant "; 80%
ODOT funding and 20% City funding.
- An Engineering design for the project was completed in September 2008.
- The Environmental Assessment was approved by ODOT in December 2008 and
by the Federal Highway Department in February 2009.
- Staff anticipates right -of -way negotiations and utility relocations to be completed
in November 2010.
- Staff anticipates construction to begin in February 2011.
- Staff has finalized negotiations with two of the property owners. Staff
anticipates obtaining the remaining right -of -way during the month of June.
• E. 106Th__ Street North and Garnett Road Intersection Improvement Proiect
- A $750,000 grant from ODOT was approved February 2009.
- On March 24, 2009, Council awarded an engineering design contract with PSA
Dewberry. Engineering Design is 90% complete. PSA Dewberry submitted
final right -of -way acquisition documents to ODOT for approval in mid - April. Final
design plan review is scheduled for completion by ODOT by July of this
year.
- Staff anticipates right -of -way negotiations and utility relocation be
completed by February of next year.
- Construction is expected to begin in April of next year and completed by
October of next year.
Tulsa Technology Center Road Construction Project /Tulsa Community College
- On July 15, 2008, the City Council awarded an engineering agreement in the
amount of $162,500.00 Crafton, Tull, Sparks. The Engineering Design phase is
100% complete.
- Bids were received on July 17, 2009 and on July 21, 2009 a construction contract
was awarded to Becco Construction Company for $1,566,682.
- The installation of asphalt, striping and fence is complete. Staff will be
recommending to Council, project acceptance and approval of final
payment at the first regular scheduled council meeting in July.
• East 96 Street North Regional Detention (Phase II and III — Detention Facilitv/ Garnett
Structure Modifications)
- In March 2009, the engineering design was completed by Meshak and
Associates.
- Following the required bid process, a bid opening was held on November 9, 2009
with five bids received.
- City Council awarded a construction contract to Cherokee Builders in the amount
of $1,525,006 at the December 1, 2009 City Council meeting.
- Construction began January 11, 2010 with clearing and grubbing.
- Cherokee Contractors is constructing the necessary benches of core
material and mixed embankment material for the dam and emergency
spillway. In addition, the contractor has begun excavating in the area of the
detention facility. This project is on schedule to be completed on budget by
November of this year.
• Wastewater Treatment Plant and 117th Street Lift Station Upgrade
- In September 2008, the engineering design was completed by Greeley and
Hansen.
- A Public comment period began August 29, 2008 as required by the ODEQ, and
ended October 13, 2008.
- Following the required bid process, a bid opening was held on November 11,
2009 with four bids received.
- OPWA Trustee awarded a construction contract to BRB Contractors in the
amount of $8,465,500 at the December 1, 2009 OPWA meeting.
- The pre- construction meeting for this project occurred January 11, 2010.
- BRB contractors began mobilizing equipment the week of January 26th and were
scheduled to start construction February 1St. However, weather events pushed
the start date back approximately one week. The anticipated final completion is
scheduled to occur in February 2012.
- The final clarifier is anticipated to be poured out in entirety by the end of
May with forming and rebar work to begin on the new digester the first of
June. Excavation has begun on the new Relief Pump Station site and the
electrical contractor has begun work at the 117th Street Pump Station. This
project is on schedule to be completed on budget by February 2012.
• East 76th Street North Sanitary Sewer Interceptor
- In March 2009, the engineering design was completed by Greeley and Hansen.
- The Environmental Process was completed in May 2009.
- Following the required bid process, a bid opening occurred on November 24,
2009 with five bids received.
- OPWA Trustee awarded a construction contract to Paragon Contractors in the
amount of $4,111,299 at the December 1, 2009 OPWA meeting.
- The pre- construction meeting for this project occurred January 7, 2010.
- Paragon contractors mobilized to the site on January 26th staging equipment.
Phase I is on schedule for Completion (North 143`d East Avenue to North 177th
East Avenue) by January 2011; and Phase 11 Completion (North 177th East
Avenue to North 193`d East Avenue) by August 2011.
- Paragon Contractors has installed approximately 5,000 linear feet of 24"
pipe. A second crew is going to join the on -site and begin working farther
down the project line in an effort to double production. This project is
currently on schedule and within budget.
• East 86th Street North and North Garnett Intersection Improvements
- A $310,000 grant from INCOG was approved in November 2009.
- In December 2009, City Manager approved an engineering design contract with
Tri -State Engineering in the amount of $24,000. The engineering design was
completed in April 2010.
- Staff does not anticipate needing to obtain right -of way nor the relocation of
utilities. The final design has been approved by ODOT. Bid advertisement
began May 27th with bid opening scheduled for June 17th of this year.
Construction will begin in September of this year with final completion
scheduled to occur by November of this year.
Santa Fe Lift Station and Force Main Improvements
- In February 2010, the City Council awarded an engineering agreement in the
amount of $145,874 to Greely and Hansen Engineering.
- Engineering design is scheduled to be complete by December 2010.
- Staff anticipates construction is to begin in April 2011 with final completion
scheduled for December 2011.
Meadowcrest Relief Line Improvements
- In March 2010, the City Council awarded an engineering agreement in the
amount of $38,370 to Kellogg Engineering.
- The design 50% complete. They have completed the preliminary design and
identified the proposed alignment. Utility easement negotiations are
underway. Staff anticipates this process will take two to three months.
- Engineering design and approval is scheduled to be complete by August
2010.
- Staff anticipates construction to begin in November 2010 with final
completion scheduled for March 2011.
• Rayola Park Enhancements
- The plans are currently being reviewed by INCOG and Vision 2025.
- With a timely review, final plans will be completed by the end of this month.
- Bidding will commence by mid -July and a contract will be awarded in
August of this year.
- Construction should be completed by the end of November of this year.
MEMORANDUM
TO: THE HONORABLE CHAIR AND TRUSTEES
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
FROM: CHELSEA M.E. HARKINS
DIRECTOR OF ECONOMIC DEVELOPMENT
SUBJECT: DIRECTOR'S REPORT
DATE: June 10, 2010
EXPORING ECONOMIC DEVELOPMENT FINANCING
The state of our economy has created brutal awareness of how difficult it has become to further
develop communities. This is even more apparent in Oklahoma, where our municipalities
operate off of sales tax revenues.
Business has declined somewhat, but remained stable in Owasso. Our dedication to educate
citizens why it is so important to spend dollars locally through Buy Owasso has paid dividends.
We know the importance of adding to our retail community and providing vendors such as books
and sporting goods. As the economy is picking up, those retailers are resuming communication
with us. The trick today is making "the deal."
Job creation has been the City's focus for three years. Obviously it has been complicated due to
economic factors. A large reason why it is hard, in general for Oklahoma to recruit is due to the
lack of state economic incentive dollars. The state's Opportunity Fund has suffered this year due
to state budget cuts and even if it survives a moratorium, it pales in comparisons. Companies
look to states that can put together large fancy packages to relocate their facility and their many
employees and families. The City knows we have a valuable and attractive "product" but the
key now is assembling the package. This requires exploring economic development financing.
Over the next several months, we will research and examine different methods of financing for
development. We will take a look at and discuss many examples of cities that have used various
financing tools such as tax incentives, revenue devises, and public private partnerships. Studying
these will allow the City to broaden its development style for the future.
BUY OWASSO
The Buy Owasso campaign will begin a new year of opportunity for local businesses starting in
July. The doors will soon open for businesses to put their name in to be recognized as one of
fifty businesses of the week. The City will advertise this as a first come -first served opportunity.
The campaign will continue to focus on the vital relationship between shopping in Owasso and
our responsibility to public improvement inspiring a change in spending motivations and
behaviors.
DEVELOPMENT UPDATE
- Asiana Express has opened at 11560 N. 135 E. Ave.
- Bloomingdeals is opening at 11612 E. 86`1 St. N.
- CVS Pharmacy construction is underway at 96h St. N. and 129h E. Ave.
- Family Video construction is nearing completion. They are conducting interviews for
hire.
- Trails End Knife Company has opened on 116'' St. N. at German Corner.
- A development project has come in for bid via Tulsa Area Partnership from Department
of Commerce.
- Working on another development project from confidential sources.
- Working with sporting goods and books retailers for locating in Owasso.