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HomeMy WebLinkAbout2011.03.10_OEDA AgendaPUBLIC NOTICE OF THE MEETING OF THE OWASSO ECONOMIC DEVELOPMENT AUTHORITY TYPE OF MEETING: Regular FILE COPY DATE: March 10, 2011 TIME: 10:00 a.m. PLACE: Owasso City Hall, Lower Level Conference Room 1 11 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, March 8, 2011. -�• Chelsea M.E. Harkins, onom Development Director /Kw�► P 1. Call to Order Dr. Thomas, 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 February 10, 2011 Regular Meeting. Attachment B. Approval of claims. Attachment C. Acceptance of the monthly financial report. Attachment 3. Consideration and appropriate action relating to a recommendation by the Owasso Economic Development Authority to the Owasso City Council regarding the participation in and funding of the Tulsa Metro Chamber Tulsa's Future II economic development program. Ms. Harkins Attachment 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 OEDA December 9, 2010 Page 2 7. Report from OEDA Manager Mr. Ray S. 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, February 10, 2011 The Owasso Economic Development Authority met in regular session on Thursday, February 10, 2011 in the Lower Level Conference Room at City Hall per the Notice of Public Meeting and Agenda posted on the City Hall bulletin board at 5:00 PM on Tuesday, February 8, 2011, ITEM 1: CALL TO ORDER & ROLL CALL Chairman Thomas called the meeting to order at 10:00 AM. PRESENT Dirk Thomas, Chairman Dee Sokolosky, Vice Chairman David Charney, Trustee - arrived at 10:02am Bryan Spriggs, Trustee Frank Enzbrenner, Trustee A quorum was declared present. ABSENT Steve Cataudella, Trustee Gary Akin, Secretary ITEM 2: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR TRUSTEE APPROVAL OF THE OEDA CONSENT AGENDA A. Approval of minutes of the January 13, 2011 Regular Meeting B. Approval of claims C. Acceptance of the monthly financial report Mr. Sokolosky moved to approve the consent agenda, seconded by Mr. Spriggs, AYE: Spriggs, Thomas, Sokolosky, Enzbrenner NAY: None ABSTAIN: Motion carried 4 -0, ITEM 3: REPORT FROM THE COMMUNITY DEVELOPMENT DIRECTOR Mr. Fritschen presented the January Building Permit Report. ITEM 4: REPORT FROM PUBLIC WORKS DIRECTOR Mr. Feary reviewed the status of various Public Works Department projects. ITEM 5: REPORT FROM ECONOMIC DEVELOPMENT DIRECTOR Ms, Harkins reviewed the Director's Report and discussed the 2011 Economic Summit scheduled for February 25, 2011. ITEM 6: REPORT FROM OEDA MANAGER Mr. Ray provided a summary of the Tulsa Chamber Tulsa's Future II presentation made to the Owasso City Council during their February worksession meeting and discussion was held. Mr. Ray commented on the staff's efforts to continue monitoring the Transportation Reauthorization Act as it relates to funding improvements to HWY 169. ITEM 7: REPORT FROM OEDA TRUSTEES No Report. February 10, 2011 ITEM 8: NEW BUSINESS None. ITEM 9: ADJOURNMENT Motion made by Mr. Enzbrenner, seconded by Mr. Spriggs, to adjourn the meeting. AYE: Spriggs, Thomas, Enzbrenner, Charney, Sokolosky NAY: None ABSTAIN: Motion carried 5 -0. At 10:50 AM, the meeting was adjourned. Juliann Stevens, Minute Clerk -2- i "The City Wit out Limits. TO: THE HONORABLE CHAIRMAN AND TRUSTEES OWASSO ECONOMIC DEVELOPMENT AUTHORITY FROM: CHELSEA M.E. HARKINS ECONOMIC DEVELOPMENT DIRECTOR SUBJECT: CLAIMS, OEDA DATE: March 10, 2011 No Claims for February 2011, Owasso Economic Development Authority Statement of Revenues, Expenses and Changes in Fund Net Assets For the Month Ending February 23, 2011 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 5,000.00 0.00 0.00 0.00 0.00 0.00 5,000.00 0.00 0.00 (5,000.00) 0.63 5.42 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.63 5.42 0.00 0.63 5.42 (5,000.00) 0.00 0.00 0.00 0.63 5.42 (5,000.00) 9,030.07 9,030.07 $4,030.07 $9,035.49 (ro> nTh,ity Wit out Limits. TO: The Honorable Chair and Trustees Owasso Economic Development Authority FROM: Chelsea M.E. Harkins Economic Development Director SUBiECT: Tulsa's Future II - Regional Economic Development Program DATE: March 10, 2011 BACKGROUND: Owasso has been a regional partner to the Tulsa Metro market for years, Increased rooftops, business and sales tax revenues have transitioned Owasso from a bedroom community to a major contributor to the Tulsa regional economy. The City of Owasso is now focused on recruiting new jobs. Employers who provide high salaries will further supplement the growing Tulsa Metro market. Owasso has, for the past few years, had a recruitment and relocation program, However, companies often weigh and examine a Metro city and the region while considering their options for relocation, retention and expansion. This emphasizes the need for all cities in the Tulsa Metro area to work together on regional economic development. In 2005, Tulsa's private sector joined with the public sector to create the Tulsa's Future program. In the first five years, Tulsa's Future aided business opportunities by creating thousands of high value jobs and strengthening the region's workforce. Tulsa's Future I could not have succeeded without the vision and financial commitment from investors. Looking ahead, those investors believe this program must plan a multi - purpose, region- centric strategy to build on the strong momentum already achieved. TULSA'S FUTURE II: Tulsa's Future II is a five -year comprehensive plan to attract new employers, retain and expand existing businesses, cultivate entrepreneurs and small businesses, advocate for business incentives and regional cooperation, and seek capital investment for community development, The Tulsa's Future Oversight Committee has identified the following two primary goals for the five -year period 2011 - 2015: • Create 10,000 primary, high -value jobs with salaries of $50,000 or greater, • Generate a capital investment of $1 billion. Tulsa's Future II has a more holistic approach to economic development, Business retention, expansion and attraction remain at the core, but small business, workforce attraction and quality of life issues become part of a bigger plan for regional economic prosperity. _ _ )x;11 IS100 b. P f :il I t Si ll() 8 �•0n {DCIC i0i_i F 4' s! The Tulsa Metro Chamber has targeted all regional cities and Chambers of Commerce as potential investors of Tulsa's Future II. The City of Owasso has been asked to make a $15,000 investment every year for five years. COMMENTS: • The City of Owasso's investment in Tulsa's Future II has been discussed with the City Council and the OEDA. • Representatives from the Tulsa Metro Chamber have made presentations to the Owasso City Council and during two meetings of representatives of the OEDA, City and Owasso Chamber. The following issues have been discussed: - The potential return on investment - Competing for jobs under the Tulsa Metro umbrella - Site selection process - Decision making and recruiting influence • The Owasso Chamber of Commerce supports Tulsa's Future II and the City's investment in the program, • The City of Owasso has been a major contributor to the regional economy and will continue to prosper. • A regional approach has the potential to produce quality and sustainable development, • Our partnership in Tulsa's Future II can help expand boundaries, capitalize on its momentum, surpass our competitor cities and tap the enormous potential of resources in the greater Green County area. FUNDING: The Tulsa Metro Chamber is requesting a $15,000 investment, once a year for five years from the City of Owasso for Tulsa's Future II. This funding may be appropriated from the Hotel Tax Fund. This fund restricts the use of hotel tax funds "to encourage, promote and foster economic development and cultural enhancement, tourism and pursue regional promotion for the City of Owasso, Oklahoma," RECOMMENDATION: Staff recommends trustee action to recommend to the Owasso City Council the City's participation in the Tulsa Metro Chamber Tulsa's Future II economic development program for a one -year investment of $15,000 and further recommends that the city fund the agreement from the Hotel Tax Fund. RESIDENTIAL NEW CONSTRUCTION MONTH END REPORT FEBRUARY 2011 Month 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 1 January 23 64 54 30 31 22 13 25 15 17 18 2 February 44 70 41 50 52 41 14 19 23 29 17 3 March 48 51 38 75 65 50 25 35 30 46 4 April 50 51 35 47 63 52 30 31 36 31 5 May 26 38 29 31 43 36 60 23 27 30 6 June 34 51 33 53 42 29 27 21 34 23 7 July 37 44 32 34 27 12 23 24 28 17 8 August 31 33 31 36 45 28 27 18 28 19 9 September 29 30 52 64 35 12 17 40 20 11 10 October 31 31 48 42 30 25 31 15 36 13 11 November 24 26 35 31 32 13 26 10 13 1 12 December 29 35 51 35 53 16 8 6 13 9 Totals 406 524 479 528 518 336 307 267 303 246 35 YTD 67 134 95 80 83 63 27 44 38 46 35 FEBRUARY YEAR -TO -DATE COUNT 160 -------- ------- - - - - -- ------------------------------------------- 140 -------------------------------------------------------------------------- 120 --- -- - - - - - -- 100 =--- --- - - - - -- 80 --------------- ' ` ------ 60 -- --- ------ -- - - - - -- ----- -- - - -- 40 - - - -- - - - - -- - - - -- -- --- -- ----- --- -- . - - - -- - -- - -- ------ -- - - - -- -- ------ ------ 2001 2002 2003 - 2004 2005 2006 2007 20018 2009 20110 2011 FEBRUARY 67 134 95 80 83 63 27 44 38 46 35 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 0 `.FEBRUARY 45,000,000 FEBRUARY YEAR -TO -DATE DOLLARS 2007 2008 2009 2010 2011 3,029,628 4,587,636 5,982,359 5,016,515 4,271,444 TOTAL NEW CONSTRUCTION DOLLARS FOR EACH YEAR 30,000,000 - - -- "` 15,000,000 ---- -- --- - - -- p 2007 2008 2009 2010 2011 TOTAL 32,720,596 27,364,316 34,767,829 34,805,960 4,271,444 CITY OF OWASSO RESIDENTIAL LOT INVENTORY STATUS February 28, 2011 SUBDIVISION Burberry Place (6/09) Camelot Estates (4/07) Carrington Pointe 1 (1/11) Champions East (05/08) Country Estates III (3/99) Country Estates VI (11/03) Crescent Ridge (02/08) Fairways V (8/99) 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 III (09/08 Lake Valley IV (5/2010) Lakes at Bailey Ranch (10/07) Maple Glen (12/08) Maple Glen 11 (1/11) Nottingham Estates IV (8/01) Nottingham Estates V (3/01) Nottingham Hill (6/09) Preston Lakes (12/00) Preston Lakes III (10/04) Remington Park II (11/04) Sawgrass Park II (04/05) The Summit at Southern Links (6/97) Watercolours (12/02) TOTALS # OF LOTS 89 139 171 66 61 37 101 71 42 85 24 202 131 131 114 235 98 93 20 44 58 272 147 84 96 31 40 2682 # DEVELOPED 23 43 9 4 58 36 85 57 40 84 21 198 88 128 28 135 91 8 17 43 6 243 143 82 94 26 31 1821 # AVAILABLE 66 96 162 62 3 1 16 14 2 1 3 4 43 3 86 100 7 85 3 1 52 29 4 2 2 5 9 861 Watercolours (12/02 The Summit at Southern Links (6/97 Sawgrass Park II (04/05, Remington Park II (11/04. Preston Lakes III (10/04; Preston Lakes (12/00; Nottingham Hill (6/09) Nottingham Estates V (3/01) Nottingham Estates IV (8101) Maple Glen II (1/11) Maple Glen (12/08) Lakes at Bailey Ranch (10/07) Lake Valley IV (5/2010) Lake Valley III (09/08 Keys Landing (3108) Honey Creek (4/02) Falls at Garrett Creek Amended (12/05) Falls at Garrett Creek (12/05) Fairways VI (12/00) Fairways V (8/99) Crescent Ridge (02108) Country Estates VI (11/03) Country Estates III (3/99) Champions East (05108) Carrington Pointe 1 (1/11) Camelot Estates (4107) Burberry Place (6/09) CITY OF 0101ASS0 Residential Lnt InvPntnnr gtatrrc 0 50 100 150 200 250 .300 11 Lots Developed _ ❑Total Lots _ J COMMERCIAL NEW CONSTRUCTION MONTH END REPORT FEBRUARY 2011 Month 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 1 January 0 0 0 1 2 9 4 4 1 1 3 2 February 2 1 1 5 5 0 3 2 0 1 1 3 March 0 3 1 2 1 14 2 0 1 3 4 April 8 1 1 3 4 1 0 4 1 1 5 May 2 4 1 1 3 2 1 1 2 1 6 June 5 0 2 4 .3 4' 1 1 2 0 7 July 0 1 0 0 0 0 0 1 0 0 8 August 1 2 3 -3 1 7 3 1 0 0 9 September 0 2 2 1 2 1 28 3 0 0 10 Obfbber 4 8 0 0 1 3 4 1 0 0 11 November 5 1 1 3 0 1 1 1 2 2 12 December 0 0 0 0 1 1 1 1 0 1 Totals 27 23 12 23 23 43 48 20 9 10 4 YTD 2 1 1 6 7 9 7 6 1 2 4 .uuu,uuu 000,000 000,000 000,000 000,000 ...... 000,000 000,000 ~ }21 . ..... 000,000 0 2007 2008 2009 1,320,000 NEW CONSTRUCTION DOLLARS FOR EACH YEAR 50,000,000 45,000,000 - 40,000,000 35,000,000 30,000,000 .......:.......... ............................... _ ............. . 25,000,000 ................ 20,000,000 z» ..........::::::::::.:::::. . ..::::::::...... ;..;:...:. :.:. 15,000,000 10,000,000 :::. >•.:::::. 5,000,000 0 - 2007 2008 2009 2010 2011 TOTAL 44,833,444 20,771,125 12,830,700 45,670,347 1,320,000 _._. ------ NAME ADDRESS APPLICATION OPENING COMPLETE OK STATE DATE DATE SALES TAX# JANUARY 2011 Joe's Italian Grill 9500 N. 129th E. Ave. 1/5/2011 1/15/2011 Yes Hometown Auto 402 C South Main 1/31/2011 2/1/2011 Yes FEBRUARY 2011 Interstate Battery 77005 E. Owasso Exp. 2/14/2011 2/20/2011 Yes MARCH 2011 APRIL 2011 MAY 2011 JUNE 2011 JULY 2011 AUGUST 2011 SEPTEMBER 2011 OCTOBER 2011 NOVEMBER 2011 DECEMBER 2011 CONTACT Martin (817)992 -5784 Michael 272 -8848 274 -3800 PERMITS APPLIED FOR IN FEBRUARY 2011 ADDRESS BUILDER ADD /ZONE VALUE A.S.F. PERMIT # DATE 10904 N. 117th E. Ave. Simmons Homes MGII /RS -3 $ 85,920 1832 11- 0201 -X 2/2/2011 13803 E. 91st St. N. Atlantis Pools & Spa NEIV /RS -2 $ 45,000 1000 11- 0202 -P 2/2/2011 9341 N. 129th E. Ave. Danials & Danials 1st Assembly $ 1,200,000 7624 11- 0203 -C 2/2/2011 14811 E. 110th Cir. N. Simmons Homes LVII /RS -3 $ 91,320 1922 11- 0204 -X 2/2/2011 509 -C W. 2nd Ave. Tieperman CS $ 150,000 136 11- 0205 -C 2/10/2011 14202 E. 104th St. N. Granite Fiberglass P CC/RS $ 18,000 390 11- 0206 -P 2/10/2011 10902 E. 109th St. N. Simmons Homes MGII /RS -3 $ 91,620 1927 11- 0207 -X 2/10/2011 10912 N. 117th E. Ave. Simmons Homes MGII /RS -3 $ 138,160 1927 11- 0208 -X 2/10/2011 10305 E. 97th Ct. N. Steve & Julie Lacy HC /RS -3 $ 15,000 302 11- 0209 -P 2/14/2011 11718 E. 109th St. N. Simmons Homes MGII /RS -3 $ 90,720 1312 11- 0210 -X 2/14/2011 9402 N. 96th E. Ave. Executive Homes LBR/RS -3 $ 157,500 2425 11- 0211 -X 2/14/2011 12140 E. 96th St. N. #104 T- Mobile RCB /CS $ 4,000 80 11- 0212 -S 2/14/2011 15205 E. 109th Pl. N. Simmons Homes LVII/RS -3 $ 85,920 1432 11- 0213 -X 2/16/2011 13001 E. 106th St. N. Tri -Star Sports Park $ 145,000 999 11- 0214 -C 2/16/2011 118 S. Main St. Royal Roofing CH /OT $ 31,000 1400 11- 0215 -C 2/18/2011 12901 E. 86th St. N. Magnum AG /OHS $ 3,900,000 7746 11- 0216 -C 2/18/2011 9002 N. 121st E. Ave. #443 TBD CS /SF $ 300,000 6076 11- 0217 -C 2/18/2011 12101 E. 96th St. N. TBD CS /OMarket $ 15,000 106 11- 0218 -C 2/18/2011 9540 N. Garnett Rd. #112 TBD CS /Caudle C $ 135,000 1492 11- 0219 -C 2/18/2011 8525 N. 76th E. Ave. Landmark Homes CPI /RS -3 $ 155,700 2595 1 11- 0220 -X 2/18/2011 8421 N. 76th E. Ave. Landmark Homes CPI /RS -3 $ 150,000 2494 11- 0221 -X 2/18/2011 10705 N. 153rd E. Ave. Simmons Homes LVIII /RS -3 $ 91,320 1922 11- 0222 -X 2/23/2011 15809 E. 91st St. N. Denny Construction PLIII /RS -3 $ 158,160 2636 I1- 0223 -X 2/23/2011 12304 N. 107th E. Pl. Rausch Coleman CR/RS -3 $ 75,000 1891 11- 0224 -X 2/23/2011 11919 E. 105th Ct. N. Simmons Homes BBP /RS -3 $ 174,660 3491 1 11- 0225 -X 2/24/2011 15133 E. 108th St. N. Simmons Homes LVIII /RS -3 $ 91,620 1927 1 11- 0226 -X 2/25/2011 10716 N. 154th E. Ave. Simmons Homes LVIII/RS -3 $ 91,320 1522 11- 0227 -X 2/25/2011 10306 N. 138th E. Ave. Amax CS /CC $ 2,500 42 I1- 0228 -S 2/25/2011 9306 N. 96th E. Ave. I Terry Davis LBR/RS -3 $ 210,000 3261 11- 0229 -X 2/25/2011 8416 N. 76th E. Ave. lWinkley Homes CAR/RS -3 1 $ 140,000'-2559 11- 0230 -X 2/28/2011 17 Single Family $ 2,078,940.00 37,075 SgFt 3 New Commercial $ 1,495,000.00 8,759 SgFt 5 Commercial Remodel $ 4,381,000.00 16,820 SgFt 2 Signs $ 6,500.00 122 SgFt 3 Pool $ 78,000.00 1,692 SgFt 30 Building Permits $ 8,039,440.00 64,468 SgFt PROJECT STATUS REPORT City of Owasso Public Works Department As of March 4, 2011 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. - PSO and ONG are approximately 85% complete with their utility relocations, with completion scheduled to occur in March 2011. - Construction is expected to begin in the summer of this year. E. 106TH Street North and Garnett Road Intersection Improvement Project - 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 95% complete. - In July 2010, ODOT approved right -of -way acquisition documents. The right -of- way and easements have been obtained. The utility companies are in the process of re- designing their utility relocations. We anticipate this process to be complete within the next 30 days. Therefore, staff anticipates utility relocation work will begin late April or early May of 2011, with completion by June 2011. - Construction is expected to begin in August 2011 and completed by July 2012. East 96 Street North Regional Detention (Phase II and III - Detention Facility/ Garnett Structure Modifications) - In March 2009, the engineering design was completed by Meshak and Associates. - City Council awarded a construction contract to Cherokee Builders in the amount of $1,525,006 at the December 1, 2009 City Council meeting and construction began January 11, 2010. - The construction phase of the project is complete and the contractor will be maintaining the site until spring of 2011 at which time the final plantings will be available and installed, This project will be completed within the scheduled budget. Wastewater Treatment Plant and 117th Street Lift Station Upgrade - In September 2008, the engineering design was completed by Greeley and Hansen. - OPWA Trustees awarded a construction contract to BRB Contractors in the amount of $8,465,500 during the December 1, 2009 OPWA meeting and BRB contractors began mobilizing equipment in February. - The contractor is still operating a very fast pace and the 117th Street Lift Station is being rehabilitated with entirely new mechanical equipment ranging from piping to new pumps. The completion of the pump station will be the final of the major shut downs and critical tie -ins. - The new Relief Pump Station at the main plant was finalized and operational prior to the year -end deadline placed on the contractor by city staff and completed well before the February deadline per the existing consent order from ODEQ, The contractor has completed majority of the critical tie -ins and replacement of all the mechanical aspects and additions to the 117th Street Lift Station with only minor items such as roof repair and mansard replacement. The new HVAC infrastructure is in the process of being roughed in and completed as well. Additionally, the contractor has completed the installation of the new air piping and diffuser system along with the final stages of getting the knife gates at the flow control structure operational. Several small tie -ins and piping installs still need to be completed but none are on a major scale and will only require short operational shut downs of the plant and other facilities. This project scheduled to be complete May 2011. ® 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. - OPWA Trustees awarded a construction contract to Paragon Contractors in the amount of $4,111,299 during the December 1, 2009 OPWA meeting and Paragon contractors mobilized to the site on January 26, 2010. - Phase I is on schedule for Completion (North 143rd East Avenue to North 177th East Avenue) by January 2011; and Phase II Completion (North 1771h East Avenue to North 193,4 East Avenue) by August 2011. - The completion of the bore and installation of the casing under 177Th East Ave. was slightly delayed from its original completion date. Currently, the bore itself has been modified to the proper size and the contractor intends on slipping the casing under the road in the very near future. Concurrently, Paragon Contractors have continued to lay pipe in the ground and to date have installed approximately 20,000 feet of pipe. Staff anticipates completion of the project this summer within budget. - The bore under 177th East Ave is complete and the pipe has been installed in the casing. Crews from Paragon have resumed pipe installation and has installed approximately 25,000 feet of pipe. • 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. - The final design of the plans and specs has been submitted for ODEQ review. Staff anticipates the review process will be complete by May 2011. - Staff anticipates construction to begin in July 2011 with final completion scheduled for March 2012. • Meadowcrest Relief Line Improvements - In March 2010, the City Council awarded an engineering agreement in the amount of $38,370 to Kellogg Engineering. - ODEQ has approved the design and issued a permit to construct. - Utility easement negotiations are complete. - The contract was awarded to Ira M. Green Construction in the amount of $449,337.80 during the January 18, 2011 City Council meeting. A pre- construction meeting will be scheduled in the next few weeks and construction should begin in February with completion in July 2011. Staff has conducted a pre - construction meeting with Ira M. Green Construction and have scheduled a March 14th start date. The project is anticipated to be complete by September 14th, 2011. ® Rayola Park Enhancements - The Rayola Park Project was advertised for re -bid and the bid opening occurred on November 18, 2010. The contract was awarded to Tri -Star Construction in the amount of 357,279.05 during the December 21, 2010 City Council meeting. Staff has conducted a preconstruction meeting with Tri -Star Construction and scheduled a start date of March 14th, 2011. This project is expected to be complete July 4th, 2011. Improvement /Repair Project FY 2009 -2010) - On July 20, 2010, the City Council approved the street repair priorities for FY 2010. - At the September 7, 2010 City Council meeting, the project was awarded to Tri - Star Construction in the amount of $250,610. All repair work has been completed and the overlay portion on 126th East Ave, and at the intersection of West l 0th and Main St is complete. City staff and Tulsa County will be meeting this week to discuss the overall plan of action relating to the overlay portion of this project at German Corner. Based on recent discussions with Tulsa County, we anticipate the work to begin within the next two weeks. V W Tha pity Wit out Limits. TO: THE HONORABLE CHAIR AND TRUSTEES OWASSO ECONOMIC DEVELOPMENT AUTHORITY FROM: CHELSEA M.E. HARKINS DIRECTOR OF ECONOMIC DEVELOPMENT SUBJECT: DIRECTOR'S REPORT DATE: March 10, 2011 RETAIL DEVELOPMENT UPDATE • Interstate Battery opened at 77005 E. Owasso Expressway. • Charlie's Chicken has submitted plans to locate in the former Wonder Bread Store location on 76th Street N. HEALTHCARE DEVELOPMENT UPDATE A preliminary plat has been approved for a planned dialysis center to locate on the Bailey Medical Campus. Remodeling continues on the former Steak and Shake building, also a planned dialysis center. EVENTS • The third annual Owasso Economic Summit was held on Friday, February 25, 2011 at the Bailey Educational Foundation at Bailey Medical Center. This year's event forecasted areas of business in finance, construction and building, aviation /aerospace and healthcare. Local businesses also received relative information about how to "go green" and become more sustainable. This year's speakers included local business owners Dee Sokolosky, President /CEO of First Bank of Owasso and Greg Simmons, owner of Simmons Homes, Other speakers included Peter Laszcz, Managing Director of American Airlines and Gerry Clancy, President of OU- Tulsa. Dr. Russell Evans from the Oklahoma State University Spears School of Business returned to deliver the 2011 Owasso Economic Forecast. Dr. Evans' report reflected slight growth in business and construction in the coming year. Speaker presentation and a copy of the 2011 Owasso Forecast is available at http : / /www.cilyofowasso.com /economic development /economic summit html,