3rd Penny Projects

The City collects three cents sales tax on goods sold in Owasso. Studies have concluded that more than 65% of the sales tax collections are the result of people who do not reside in the city, but travel to Owasso as a shopping and dining destination. One penny of the sales tax is reserved for Capital Improvement Projects only. In October 2003, citizens once again approved the third penny sales tax and removed any time limit on the tax. As a result of this, the City can now engage in long range planning for capital projects, which it was previously unable due to the expiration dates on the tax.

Projects Currently Under Way or Completed:

• 76th Street Fire Station - Completed
• New Storm Siren System - Completed
• Purchase of land for Sports Park Expansion - Completed
• 96th St. North and Highway 169 improvements - Completed
• E. 96th Street North and N. Garnett Rd Intersection Improvements - Projected Opening October 1st 2005. - Completed
• N. Garnett Road Widening Project (86th St. N. to 96th St. N.) - Completed
• 96 Street Widening - Under Construction, Projected Opening October 1st 2005 - Completed
• YMCA/Pool - Under Construction - Completed

Projects in planning stage:

• Third fire station - Currently Under Design
• Improvements to the Owasso Sports Park - Design scheduled for FY 05 - 06

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