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HOT HEADLINE
City Council approves enhancement package
Monday the Edmond City Council unanimously approved a set of economic enhancements the city will offer businesses who either develop or plan expansions here. The economic enhancements package includes two levels of support based on a company's investment in the community. To meet the criteria, a company must create primary jobs - not retail positions - with an average wage of $30,000 for salaried positions or $10 an hour for hourly employees. Or it must make a capital investment of $1.25 million or increase the load factor for Edmond Electric. If a business meets one or more of these criteria, then EEDA and the city will offer a two-tier set of enhancements including a one-stop permitting process at the city, a customized electric utility rate, the waiving of certain city fees and/or recruitment and training assistance for employees. The second level of enhancements includes infrastructure improvements such as traffic access management or water/sewer line extensions, a building to lease and/or land acquisition and improvement. These improvements are available to existing Edmond businesses ready to expand or to outside companies looking to locate in the city. Courtesy of The Edmond Sun, September 14, 2004
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THE BUSINESS BEAT
Medicine Bluff Studio combines art and construction with hand-crafted tiles
Medicine Bluff Studio, a custom decorative tile manufacturer, has recently relocated their operations from southwestern Oklahoma to Edmond. Named for Medicine Bluff, a cliff on Fort Sill where Indian heritage is prominent, Medicine Bluff Studio is now located at 813 Evergreen in a warehouse facility behind Lottinvilles Wood Grille. Courtesy of Edmond Life & Leisure, September 16, 2004.
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NanoBioMagnetics Inc. receives $45,000 grant
Edmond-based NanoBioMagnetics Inc. has been awarded a $45,000 grant through the Oklahoma Health Research Program. The grant is sponsored by the Oklahoma Center for the Advancement of Science and Technology. It will be used by NanoBioMagnetics to provide support to researchers for the development of data in the design of magnetically responsive nanoparticles for advanced hearing applications. Courtesy of The Oklahoman, September 3, 2004.
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www.oc.edu
ON CAMPUS
UCO receives $50,000 donation
A $50,000 donation from Chesapeake Energy will hopefully encourage students to stay in Oklahoma after graduation. The Oklahoma City-based energy company gifted UCO with the five-year $10,000 annual donation which will assist in funding scholarships for qualified Oklahoma undergraduate students. Courtesy of Edmond Sun, September 3, 2004.
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UCO enrollment reaches almost 16,000
Enrollment at the University of Central Oklahoma has reached the second highest total in its history with 15,584 students enrolled for the fall semester. UCO's undergraduate population and credit hours taken, have reached all-time highs. University officials point to these numbers as evidence that the state's third-largest university is becoming less of a commuter school.
OC receives seven figure donation
Charlie and Lesa Branch of Advance, N.C. have pledged $1.5 million dollars to support Oklahoma Christian University and to help redevelop the Biblical Studies Center. The center was recently rededicated as the Williams-Branch Center for Biblical Studies. Courtesy of The Edmond Sun, September 5, 2004.
www.edmondsun.com
WHO'S WHO
Osborne receives national certification
REAL ESTATE UPDATE
August Commercial Building Permits
Click here for a list of commercial building permits from the City of Edmond for the month of August.
Courtesy of Edmond Life & Leisure, September 14, 2004.
STOCK TICKER
Edmond area investment opportunities
Click here for up to the minute stock information on Edmond area public companies either located within our city limits or in our school district.
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Contact Information:
Edmond Economic Development Authority
info@eeda.com
405.340.0116
