HomeMy WebLinkAbout2011.04.14_OEDA AgendaRECEIVED
APR 12 1011
PUBLIC NOTICE OF THE MEETING OF THE City Clerk's
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
TYPE OF MEETING: Regular FILE COPY
DATE: April 14, 2011
TIME: 10:00 a.m.
PLACE: Owasso City Mall, 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, April 12, 2011.
Chelsea M.E-. Harkins, Economic Development Director
AGENDA
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 March 10, 2011 Regular Meeting.
Attachment
B. Approval of claims.
Attachment
C. Acceptance of the monthly financial report.
Attachment
3. Hotel /Motel Tax Report
Mr. Ray
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
April 14, 2011
Page 2
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, March 10, 2011
The Owasso Economic Development Authority met in regular session on Thursday, March 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, March 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
Gary Akin, Secretary
David Charney, Trustee
Bryan Spriggs, Trustee
Frank Enzbrenner, Trustee
Steve Cataudella, Trustee
A quorum was declared present.
ABSENT
None
ITEM 2: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR TRUSTEE
APPROVAL OF THE OEDA CONSENT AGENDA
A. Approval of minutes of the March 10, 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, Akin, Charney, Cataudella
NAY: None
ABSTAIN:
Motion carried 7 -0.
ITEM 3: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A RECOMMENDATION BY
THE OWASSO ECONOMIC DEVELOPMENT AUHORITY TO THE OWASSO CITY COUNCIL
REGARDING THE PARTICIPATION IN AND FUNDING OF THE TULSA METRO CHAMBER
TULSA'S FUTURE II ECONOMIC DEVELOPMENT PROGRAM
Mr. Ray presented information and discussion was held, Mr. Charney moved to
recommend the Owasso City Council support the participation and funding of the
Tulsa Metro Chamber Tulsa's Future II Economic Development Program for one (1)
year, with regular accountability reports from the Owasso Economic Development
Authority Director. Mr. Enzbrenner seconded the motion.
AYE: Thomas, Sokolosky, Enzbrenner, Akin, Charney, Cataudella
NAY: Spriggs
ABSTAIN:
Motion carried 6-1.
ITEM 4: REPORT FROM THE COMMUNITY DEVELOPMENT DIRECTOR
Mr. Fritschen presented the February Building Permit Report,
March 10, 2011
ITEM 5: REPORT FROM PUBLIC WORKS DIRECTOR
Mr. Stevens reviewed the status of various Public Works Department projects.
ITEM 6: REPORT FROM ECONOMIC DEVELOPMENT DIRECTOR
Ms, Harkins reviewed the Director's Report, She reported the Economic Summit was
successful and a survey had been distributed to attendees,
ITEM 7: REPORT FROM OEDA MANAGER
Mr. Ray gave the current sales tax report. He then commented on the staff's efforts
to continue monitoring the Transportation Reauthorization Act as it relates to funding
improvements to HWY 169. Mr. Ray reported on the Hotel Tax fund.
ITEM 8: REPORT FROM OEDA TRUSTEES
No Report.
ITEM 9: NEW BUSINESS
None.
ITEM 10: ADJOURNMENT
Motion made by Mr. Charney, seconded by Mr. Enzbrenner, to adjourn the meeting,
AYE: Spriggs, Thomas, Enzbrenner, Charney, Sokolosky, Akin, Cataudella
NAY: None
ABSTAIN:
Motion carried 7 -0.
At 11 :30 AM, the meeting was adjourned.
Juliann Stevens, Minute Clerk
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: April 14, 2011
No Claims for March 2011.
Owasso Economic Development Authority
Statement of Revenues, Expenses and Changes in Fund Net Assets
For the Month Ending March 31, 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
(5,000.00)
0.00
0.69
6.11
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.69
6.11
0.00
0.69
6.11
(5,000.00)
0.00
0.00
0.00
0.69
6.11
(5,000.00)
9,030.07
9,030.07
$9,036.18
$4,030.07
CITY OF OWASSO
HOTEL TAX FUND - 3%
FISCAL YEAR 2010 -2011
Statement of Revenues & Expenditures
As of March 31, 2011
REVENUES:
Hotel Tax 3%
Interest Earnings & Other
TOTAL REVENUES
EXPENDITURES:
Advertising
Special Projects
Capital Outlay
TOTAL EXPENDITURES
REVENUES OVER EXPENDITURES
FUND BALANCE
Beginning Balance
Ending Balance
MONTH YEAR
TO -DATE TO -DATE
$ 11,514
$ 110,591
260
2,551
11,774
113,142
1,000
11,000
1,928
24,015
8,847 64,263
320,737
385,000
PERCENT
BUDGET OF BUDGET
$ 138,000 80.14%
4,200 60.75%
142,200 79.57%
24,000 45.83%
50,000 48.03%
47,200 136.15%
RESIDENTIAL NEW CONSTRUCTION MONTH END REPORT MARCH 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
14
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
301
267
303
246
49
YTD 115 185 133 155 148 113 52 79 68 92 49
MARCH YEAR -TO -DATE COUNT
200 ----------------------------------------------------------------------------------------------------------------------------
180
160
140
120
100
80
60
40
20
0
2001 2002 2003 ° 2004 2005 2006 2007 2008 2009 2010 2011
MARCH 115 185 133 155 148 113 52 79 68 : 92 49
MARCH YEAR -TO -DATE DOLLARS
12.000,000
10,000,000 ----------------- ------------------------------- - - - - -- -
- -------------------------------------
8,000,000
6,000,000
4,000,000
2,000,000
0
2007 2008 2009 2010
MARCH 5,757340 8,020,516 8,840,670 9,577,292
TOTAL NEW CONSTRUCTION DOLLARS FOR EACH YEAR
45,000,000
2011
5,459,776
30,000,000 - [c --------------------------------------- ----- -- - ---- - - - - --
1 5,000,000 ., _._____._. -_ 7 ----------------- ________________
... - - -- --I }
�+' ••---- - -- ' �. -- -- ---- Fri'*
0
2007 2008 2009 2010 2011
TOTAL 32,720,596 27, 364, 316 34 .767,829 34,805,960 5,459,776
CITY OF OWASSO
RESIDENTIAL LOT INVENTORY STATUS
March 31, 2011
SUBDIVISION
# OF LOTS
# DEVELOPED
# AVAILABLE
Burberry Place (6109)
89
26
63
Camelot Estates (4107)
139
43
96
Carrington Pointe I (1 /11)
171
9
162
Champions East (05/08)
66
4
62
Champions West (5/08)
45
1
44
Country Estates III (3/99)
61
58
3
Country Estates VI (11/03)
37
36
1
Crescent Ridge (02/08)
101
85
16
Fairways V (8/99)
71
57
14
Fairways VI (12/00)
42
40
2
Falls at Garrett Creek (12105)
85
84
1
Falls at Garrett Creek Amended (12/05)
24
21
3
Honey Creek (4/02)
202
198
4
Keys Landing (3/08)
131
90
41
Lake Valley Ill (09/08
131
128
3
Lake Valley IV (512010)
114
29
85
Lakes at Bailey Ranch (10/07)
235
136
99
Maple Glen (12/08)
98
91
7
Maple Glen II (1/11)
93
12
81
Nottingham Estates IV (8/01)
20
17
3
Nottingham Estates V (3/01)
44
43
1
Nottingham Hill (6109)
58
6
52
Preston Lakes (12/00)
272
243
29
Preston Lakes III (10/04)
147
143
4
Remington Park Il (11/04)
84
82
2
Sawgrass Park II (04/05)
96
94
2
The Summit at Southern Links (6/97)
31
26
5
Watercolours (12102)
40
31
9
TOTALS
2727
1833
894
W atercoiours (12/02)
The Summit at Southern Links (6197)
Sawgress Park II (04/05)
Remington Park II (il/04)
Preston Lakes III (10104)
Preston Lakes (12 100)
Nottingham Hill (6109)
Nottingham Estates V (3/01)
Nottingham Estates IV (8101)
Maple Glen II (1111)
Maple Glen (12108)
Lakes at Bailey Ranch (10 /07)
Lake Valley IV (512010)
Lake Valley III (09108
Keys Landing (3/08)
Honey Creek (4102)
Falls at Garrett Creek Amended (12/05)
Falls at Garrett Creek (12/05)
Fairways VI (12/00)
Fairways V (8/99)
Crescent Ridge (02/08)
Country Estates VI (11/03)
Country Estates III (3/99)
Champions West (5108)
Champions East (05/08)
Carrington Pointe 1 (1/11)
Camelot Estates (4107)
Burberry Place (6109)
CITY OF OWASSO
0 5-0 100 150 200 _ 250
ULots Developed _ 0 Total Lots4 T�
300
COMMERCIAL NEW CONSTRUCTION MONTH END REPORT MARCH 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
0
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 October
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
TO a s
27
23
12
23
23
43
48
213
9
10
4
YTD
2
4
2
8
S
23
9
6
2
5
4
MARCH YEAR -TO -DATE COUNT
12,000,000
10,000,000
8,000.000
6,000,000
4,000,000
2,000,000
0
?March 7,251,064
MARCH YEAR-TO-DATE DOLLARS
___ l_ 4,315,000 ^ 10,830,100 1 _2,070,347 _ 1,320,0000
50,000,000 NEW CONSTRUCTION DOLLARS FOR EACH YEAR
45,000,000
40 000000 , • .��%•'; .
35,000.000
t.)
30,000,000
2
....................... ................ _ ..........
25,000.000 -•
,i�ce2• off'')'
. ............................ .., , �............... .
20,000,000
15.000, coo
`......
i 10,000,000
.......
- -
5,000,000
.. ........
-
0
2007 2008 2009
170TAC
44,833,444 20,771,125 12,830,700
f
PERMITS APPLIED FOR IN MARCH 2011
ADDRESS
BUILDER
ADD /ZONE
VALUE
A.S.F.
PERMIT #
.DATE
9521 N. Owasso Exp,
Davita Dialysis
TPIIUCS
$ 5,000
90
11- 0301 -5
3/2/2011
9521 N. Owasso Ex p.
Davita Dialysis
TPIIUCS
$ 15,000
105
11- 0302 -S
3/2/2011
10915 N. 118th E. Ave.
Capital Homes
MGII/RS -3
$ 112,000
1670
11- 0303 -X
3/2/2011
11651 E. 76th St. N.
John K Davis
OCCIII/CS
$ 300,000
3338
11- 0304 -C
3/4/2011
12202 E. 70th St. N.
Denham
KURS -3
$ 160,000
2500
11- 0305 -X
3/9/2011
12313 E. 96th St. N.
Oil Capital
OWMKT /CS
$ 9,900
183
11- 0306 -5
3/9/2011
15100 E. 110th St. N.
Simmons Homes
LVIV /RS -3
$ 91,620
1927
11- 0307 -X
3/10/2011
10918 N. 117th E. Ave.
Simmons Homes
MGII/RS -3
$ 76,380
1832
11- 0308 -X
3 /10 /2011
7717 N. 142 E. Ave.
Artisan Construction
CW/RS -3
$ 300,000
4525
11- 0309 -X
3/10/2011
9614 N. 107th E. Pl.
Champion Window
EIRiolll/RS -3
$ 12,000
150
11- 0310 -X
3/10/2011
9506 E. 92nd St.
Executive Homes
LBR/RS -3
$ 157,500
3093
11- 0311 -X
3/14/2011
12313 E. 96th St. N.
Granger
OM/CS
$ 55,000
7900
I1- 0312 -C
3/17/2011
9002 N. 121st St. E.
Anchor Signs
SF /CS
$ 3,800
88
11- 0313 -5
3/20/2011
14807 E. 1 IOth Cir.
Capital Homes
LVII/RS -3
$ 77,632
1725
11- 0314 -X
3/24/2011
7007 N. 121st E. Ct.
Money Homes
KURS -3
$ 125,000
2650
11- 0315 -X
3/24/2011
9306 N. 93rd E. Ave.
David Lawson
LBR/RS -3
$ 190,000
3605
11- 0316 -X
3/28/2011
11702 E. 109th St. N.
Simmons Homes
MGII/RS -3
$ 91,320
1922
11- 0317 -X
3/28/2011
13819 E. 93rd Cir. N.
Keim
NH /RS -2
$ 14,000
300
11- 0318 -X
3/28/2011
10306 N. 138th E. Ave.
Kelly Johnson
CC/RS -3
$ 4,000
280
11- 0319 -5
3/28/2011
11502 E. 104th St. N.
Tom Wahittlesy
SG /RS -3
$ 30,000
240
11- 0320 -X
3/29/2011
9500 N. 129th E. Ave. 4120
OLT - Simmons
CC /CH
$ 168,000
2250
11- 0321 -C
3/29/2011
10914 N. 118th E. Ave.
Capital Homes
MGII/RS -3
$ 107,100
1758
11- 0322 -X
3/31/2011
10557 N. 121st E. Ave.
Sirmnons Homes
BBPIRS -3
$ 119,820
2577
11- 0323 -X
3/31/2011
10536 N. 1 I7th E. Ave.
Simmons Homes
BBP /RS -3
$ 105,300
2155
11- 0324 -X
3/31/2011
12008 N. 121 st E. Ave.
Simmons Homes
BBP/RS -3
$ 174,660
3513
11- 0325 -X
3/31/2011
14 Single Family
$ 1,888,332.00
35,452 SgFt
3 Residential Addition
$ 56,000.00
690 S Ft
3 Commercial Remodel
$ 523,000.00
13,488 SgFt
5 Signs
$ 37,700.00
746 S Ft
25 Building Permits
$ 21505,032.00
50,376 S Ft
OCCUPANCY PERMITS
NAME
ADDRESS
APPLICATION
DATE
OPENING
DATE
COMPLETE
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
211/2011
Yes
FEBRUARY 2011
Interstate Battery
7703 #5 E. Owasso Exl:
2/14/2011
2/20/2011
Yes
MARCH 2011
Kirby Vaccums 11330 N. Garnett #M 3/1/2011 3/31/2011 Yes
APRIL 2011
MAY 2011
JUNE 2011
JULY 2011
AUGUST 2011
SEPTEMBER 2011
OCTOBER 2011
NOVEMBER 2011
DECEMBER 2011
PROJECT STATUS REPORT
City of Owasso Public Works Department
As of April 8, 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.
- ONG and PSO will be complete with their utility relocations within the next 3- weeks. AT &T
and Cox utilities will mobilize soon after to relocate their lines to the new utility poles.
- 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. AT &T, COX, PSO and ONG have completed their utility
relocation design. Washington County Rural Water District #3 has existing infrastructure
within this project site and staff anticipates their design to be complete within 3 to 4
weeks. Therefore, staff anticipates utility relocation work will begin in May of 2011, with
completion by July 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 staff anticipates the completion of
the spring plantings over the next few weeks. Cherokee Builders have been maintaining
and monitoring vegetation and erosion control measures. Additionally, staff anticipates
placing final action items before the City Council in the coming weeks.
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 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.
A few minor plant shut downs are required for the tie -in to the ultra violet treatment area
as well as a return activated sludge line. The base preparation and rock for the asphalt
roadway has been installed and construction on a number of the interior areas in both
the lab building and the belt press building are underway. This project is scheduled to be
complete in May of this year.
• 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 complete (North 143rd East Avenue to North 177th East Avenue); and Phase II
Completion (North 177th East Avenue to North 193rd East Avenue) by August 2011.
The installation of the main line and the branch lines of the interceptor are complete. The
contractor lacks the 700' run in front of Stone Canyon Elementary and will complete such
after school lets out in late May. The school is using the new interceptor line.
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 are being reviewed by ODEQ. Staff anticipates
the review process to be complete by May 2011.
Staff anticipates construction to begin in July 2011 with final completion scheduled for
March 2012.
Meadowcrest Relief Line Iml2rovements
- In March 2010, the City Council awarded an engineering agreement in the amount of
$38,370 to Kellogg Engineering.
- ODEQ approved the design and issued a permit to construct.
- The contract was awarded to Ira M. Green Construction in the amount of $449,337.80
during the January 18, 2011 City Council meeting.
- Following the pre- construction meeting on March 14th, the contractor has installed
erosion control measures and should begin installing wastewater collection pipe within
the next week.
- The project is anticipated to be complete by September 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, This project is expected to be complete July
4th, 2011.
- Construction began March 14th; Tri -Star has installed roughly 1,300' of the new sidewalk.
Staff anticipates this project to finish ahead of schedule.
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.
- The milling and overlay of the intersection at 116th & Garnett was accomplished during
mid - March. This project is now complete and staff anticipates placing final action items
before the City Council in the coming weeks.
The City 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: April 14, 2011
RETAIL DEVELOPMENT UPDATE
A meeting took place with Randy Carpenter from the Cornerstone Shopping Center
regarding potential tenants for the center,
The current broker for The Market in the Owasso Towne Center has been discussing
potential tenants with the Economic Development department.
RESTAURANT DEVELOPMENT UPDATE
• McDonald's is in beginning stages of planning a re -build of the 76th St. location, Planning
is preliminary, at this time.
EVENTS
• The Economic Summit surveys have been collected and analyzed. The responses
indicate the event was successful and all would attend future events, The majority of
those who attended the event was either Owasso business owners or worked for a
business in Owasso,
• Owasso City Council approved participation in the Tulsa Metro Chamber Tulsa's Future II
economic development program for a one -year investment of $15,000 during the March
15th council meeting. They further recommended approval of a budget amendment
increasing the appropriation for expenditures in the Hotel Tax Fund.
• Staff attended the annual Tulsa Regional Day at the Capitol on Wednesday, April 6th in
Oklahoma City.
• Representatives from the Southern Economic Development Council (SEDC) met with
Economic Development Directors from the Tulsa Metro area on Monday, April 11 th at the
Summit Club. The SEDC will hold its annual conference in Tulsa in 2012, bringing in
thousands of economic development professionals to the area.