Hot Headline
EPS budget grows by $4 million
Edmond Public Schools will have about $4 million more in its general fund to work with next year as compared to this year, according to preliminary budget projections. The new fiscal year begins July 1. Looking ahead to the 2001-02 fiscal year, John Fodge, district director of financial services, projected the district will have a general fund budget of $78.5 million. Nearly $2.1 million of the additional funds will come from increased property valuation in the district, he said. Courtesy of The Edmond Sun, June 5, 2001.
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The Business Patch
Financial district debuts in Edmond
Oklahoma's first financial district is planned for development at 15th Street and Bryant Avenue in Edmond, east of Spring Creek Plaza. Victoria Woods, president and CEO of ChappelWood Financial Services, designed a 2.5-acre financial park to network a high caliber of industry-specific financial professionals, such as accounting firms, stock brokers, mortgage companies, credit unions, banks and financial advisers. Courtesy of Edmond Life & Leisure, June 7, 2001, The Journal Record, June 6, 2001 and The Edmond Sun, June 7, 2001.
Click here for the story in Edmond Life & Leisure.
Click here for the story in The Journal Record.
Click here for the story in The Edmond Sun.
BOk plans Edmond bank branch
Bank of Oklahoma plans to build a branch in Edmond and open it by fall. The Edmond branch marks the first time since 1985 that Bok has built a branch in Oklahoma from the ground up without it being a relocation. Groundbreaking for the Edmond branch, to be located on the city’s west side at 15th Street and Santa Fe, is scheduled for July. The branch should open by October or November. Courtesy of Durocher’s Oklahoma City Business, June 8, 2001.
Avalon projects higher revenues in 2001
Avalon Correctional Services said that revenues for 2001 are expected to be up 9.6 percent from 2000. The Oklahoma City-based owner and operator of community correctional facilities and alternative correctional programs said revenues for the year are expected to total $25.1 million, compared with $22.9 million for 2000. "The recent expansion of our management team has resulted in increased utilization of our existing facilities," said Donald E. Smith, chairman and CEO. "We continue developing programs for organic growth and expansion of alternative correctional services to enhance existing services while requiring minimal capital expenditures." Courtesy of The Journal Record, June 5, 2001.
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May Business Barometer
Courtesy of Edmond Life and Leisure, published by Edmond Economic Development Authority.
Click here to view monthly commercial and residential permits, tax collection figures and home sales statistics in Edmond.
Click here for an in-depth analysis of the May Business Barometer.
Entrepreneurs attend “Business Killers” workshop
Local business owners gathered last week to learn the six mistakes that can destroy a business in a workshop sponsored by the Edmond Area Chamber of Commerce and the Oklahoma Small Business Development Center. The workshop brought home some important issues to benefit local business masters.Courtesy of The Edmond Sun, June 10, 2001.
Click here to learn more from the session titled “Avoiding The 6 Mistakes That Can Destroy Your Business and Your Future.”
Retail Details
The right mix – New coffee, juice and pastry restaurant opens in west Edmond
Patrick and Joanne Mok recently opened the Tropical Café. The refreshment stop is in the Oak Brook shopping center on the northeast corner of Edmond Road and Santa Fe Avenue. They specialize in fruit juices, smoothies, espresso drinks and fresh-baked pastries. They are gaining new patrons with several new twists in the competitive “juice stop” market. The outlet is the first of its kind in west Edmond. Courtesy of The Edmond Sun, June 7, 2001.
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Downtown Dispatch
Bookbindery opens downtown
After successfully operating their shop in Albuquerque, N.M. for many years, Corry and Gayle McSpadden are confident Edmond readers and worshippers will take to their expertise in bringing literature pieces back to life. The new business concentrates on old book and Bible repair and restoration. They also do custom, thesis, library and fine binding. A standard size book can be revived from $25 to $500, depending on the materials. The new bookbindery is located at 100 N. Broadway in downtown Edmond. Courtesy of The Edmond Sun, June 3, 2001.
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Edmond Farmer’s Market begins tomorrow, 1st and Boulevard
Click here for more information on the expanded Edmond Farmer’s Market that kicks off tomorrow morning and runs through September. KRISPY KREME donuts will be on sale tomorrow morning at the market. Watch Edmond Life & Leisure each week for a listing of the produce available at Saturday’s Farmer’s Market. Courtesy of Edmond Life & Leisure, June 14, 2001.
IT Bytes
Statewide high-tech initiative will benefit Edmond tech efforts
A group of senior executives has come together, trying to raise the awareness of high-technology companies in metropolitan Oklahoma City. "We're not asking for money," said Mark Towler, founder and president of Phase 2, 825 N. Broadway Ave. in Oklahoma City. "What we want is for the state and city governments to recognize that there are a lot of high-tech companies here and we need to have more support to bring in more companies and employees. The City of Edmond, in particular, has worked to recruit high-tech companies, especially their headquarters. Courtesy of The Journal Record.
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On Campus
UCO could have another record freshmen class
The University of Central Oklahoma is on track to have a record first-time freshman class for the sixth consecutive year. Registration for the fall semester is up 6 percent compared to this time last year, and summer attendance also has increased over last year. For five straight years, UCO’s class of first-time freshman has broken school records. The university will boast a record-breaking class again this fall if the trend continues, said Jerry Legere, assistant vice president for enrollment management. Courtesy of The Edmond Sun, May 31, 2001.
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UCO summer registrations overshadowing last year's numbers
The University of Central Oklahoma is seeing a rise in summer attendance this year compared to last, as current numbers in headcount, credit-hours taken, full-time status and first-time freshmen all are surpassing last year's numbers. Current registrations for the upcoming fall semester are well ahead of last year's numbers, as well. Courtesy of Edmond Life & Leisure, June 14, 2001.
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New master’s program at UCO first in state
The University of Central Oklahoma will become the first college in the state to offer a master’s program in wellness management. Beginning in August, the department of kinesiology and health studies will offer a master of science in wellness management degree program, which will focus on teaching students to help others achieve and maintain a healthy lifestyle. Courtesy of The Edmond Sun, June 6, 2001.
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City Spot
City acquires original Edmond schoolhouse
The title to ownership of the first public schoolhouse in Oklahoma Territory was handed over to city hands recently through the Edmond Historic Preservation Trust. The building, at 124 E. Second St., was constructed after the Land Run of April 1889 through the combined efforts of the community. The city has budgeted $125,000 toward the project. Courtesy of The Edmond Sun, June 13, 2001.
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Presidential nominee Neal McCaleb reflects on Edmond's growth, future
President Bush has nominated Oklahoma's former Secretary of Transportation Neal McCaleb to serve as the Assistant Secretary of Interior for Indian Affairs. McCaleb, former director of the Oklahoma Department of Transportation and the Oklahoma Turnpike Authority, has lived in Oklahoma all of his life and Edmond since 1964. But he may soon have a new residence. McCaleb gives us his thoughts on Edmond’s future in an article in Edmond Life & Leisure, June 14, 2001.
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Edmond plays a big part in Oklahoma City’s urban sprawl
Recent studies evaluating urban sprawl factors in large U.S. cities show the Oklahoma City metro at number 12 out of 100 urbanized areas. An urban sprawl city is a region that is continually urbanizing and often expanding into other cities and states. NumbersUSA, an organization that studies population and immigration issues, based in Washington, evaluated data from the U.S. Bureau of the Census dating from 1970 to 1990. This 20-year span allowed the top 100 urban sprawlers to add more than 24 million people and more than 14,500 square miles of land to their cities. Oklahoma City metro area growth includes developing suburban areas like Edmond as part of their urban sprawl recognition. Courtesy of The Daily Oklahoman, June 11, 2001.
Follow Edmond community news in The Daily Oklahoman online at www.oklahoman.com.
Real Estate Update
May 16-31 transactions
Click here to view a list of Edmond area commercial real estate transactions from the last half of May.
Courtesy of Edmond Life & Leisure, June 7, 2001.
Stock Ticker
Edmond area investment opportunities
Click here for up to the minute stock information on Edmond public companies.
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Editor Contact Information:
Allison Pumphrey
Director of Public Relations & Marketing
Edmond Economic Development Authority
405.340.0116
ap@eeda.com
