HomeMy WebLinkAboutAgenda Statement 1985/09/24 Item 14 COUNCIL AGENDA STATEMENT
Item 14
Meeting Date 9/24/85
ITEM TITLE: Resolution /. /,f2 Approving City promotional participation
in Barron' s magazine special publication and approving
expenditure of funds therefor
SUBMITTED BY: Community Development Directo
REVIEWED BY: City Manager 4/5ths Vote: Yes No X )
Barron's magazine, a Dow Jones publication for the corporate business
community, has scheduled a special section of an upcoming edition to promote
the San Diego area business environment. Chula Vista has been invited by
Barron's and by the San Diego Economic Development Corporation to participate
in that special publication. Editorial content and advertisement are
invited. No funds have been budgeted for advertising costs.
RECOMMENDATION: That Council adopt the resolution approving City
participation in the Barron' s special publication and approving expenditure of
contingency funds therefor.
BOARDS/COMMISSIONS RECOMMENDATION: Not applicable.
DISCUSSION:
The Barron' s special section, to be entitled "San Diego Today," will highlight
business opportunities in the San Diego region. Attached is a brief sample of
a similar Barron' s special section on Tulsa. It can be seen that editorial
content included articles by the Tulsa Mayor, the Chamber of Commerce, and
industry leaders. Advertisement space was purchased by Tulsa businesses and
the Chamber.
We have been informed by Barron' s that editorial space might be available to
us depending on the newsworthiness of our submission, but that editorial space
preference would be given to those entities who also published
advertisements. An article promoting Chula Vista as an ideal business and
living environment, aimed at attracting new business and industry, is being
drafted for the Mayor's byline. Draft advertisement copy is being developed.
As Barron' s has a circulation of over 200,000 in the Western corporate
business community, this opportunity is perceived as a very beneficial step in
the City' s new economic promotion activities being pursued by the Assistant
Community Development Director. The publication provides Chula Vista with a
chance to promote its desirability to site selectors of major businesses and
industries. The special section is self-contained and would likely be
retained by Barron' s readers as a reference document, thereby possibly being
of promotional benefit to the City long after the publication date. The
advertisement rates are judged to be reasonable market rates.
1'
11 4 Page 2, Item
Meeting Date 9/24/85
Attached is a draft of the proposed Barron' s article. The advertisement copy
is being prepared. The thrust of both materials is planned to be the
promotion of Chula Vista as a viable, progressive business environment and an
attractive place to live. The article highlights City efforts and programs to
enhance Chula Vista' s environment and economic health.
FISCAL IMPACT: The cost of advertisement would be approximately $2,500. An
expenditure not to exceed that amount from the Non-Departmental Contingency
Fund, Account #100-0730-5399, would be authorized by this action. The balance
in that account is currently $27,667.40.
WPC 180611
Dated 9 - a' ( F_s,
CHULA VISTA--A GREAT PLACE GEGGTTING BETTER
By: Mayor Gregory R. Cox
That Chula Vista is a great place to live has never been a secret to those who
have visited this dynamic city on the edge of south San Diego Bay. That Chula
Vista is a great place for business and industry has been less well known--but
the secret is out.
Chula Vista, with a population of over 90,000 people, offers all of the best
as a home for business and industry. Livability has always been unparalleled,
with a modern, quality housing stock covering the entire range of
affordability, with a climate boasting summer days averaging 75° and winter
days averaging 65° and a rainfall of 9 inches per year, and with recreational
facilities which include major golf courses, a pleasure boat marina on San
Diego Bay, 24 public parks, and nearby beaches. Likewise, location has always
been an asset. The San Diego International Airport and downtown San Diego are
just 15 minutes away. San Diego Bay, a major international port and a great
recreational resource forms the western boundary of the City. And the
International Border with Mexico, offering the possibility of "twin-plant" or
"maquiladora" manufacturing which links labor-intensive American industries
with Mexican labor pools and assembly operations, is just 7 miles to the south.
But the secret that the corporate business world is learning is that Chula
Vista is an optimum business environment for relocation and expansion because
of the City's resources and how it can use them. Business has always been
attracted to Chula Vista due to its abundant resources and the lack of
physical , social , and economic problems which often plague other cities. The
high quality of community life in our uncongested, well-balanced city has
allowed Chula Vista to concentrate its human and fiscal resources on the
future, on encouraging positive growth, on making a great place even better.
Public and private efforts are combined to bring the future to Chula Vista, to
coordinate physical and economic growth, and to invite progressive businesses
to join our community as it evolves.
Chula Vista has room to grow. Phased, quality new development is occurring to
the east of the City, expanding the City boundaries into vacant rolling hills
still only moments from the downtown core. EastLake and El Rancho Del Rey are
newly-developing planned communities with residential , commercial , and
industrial park components which will add over 15,000 new households to the
City. A prime location in EastLake will be a 100 acre industrial employment
park with unparalleled recreation amenities. The eastern boundary of the City
is also the location of the 200 acre Otay Valley Redevelopment Project Area
which is converting mostly vacant and agricultural land into a high quality,
light industrial park. Many parcels remain for clean, progressive industry at
some of the most favorable prices in the San Diego region, averaging less than
60% of finished parcel costs of the other San Diego regional industrial
centers. The site is immediately adjacent to an interstate freeway and only 3
miles from the International Border crossing.
•
BARRON'S •
. Special Advertising Section Special Advertising Section '
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x expansion, we remain an at since the early boom years ater Company in the U.S.,and
Tulsa Spirit—The �",., ,'tractive target for those busi- when it depended on the oil a variety of cultural activities
Tradition Continues ▪ , -nesses and industries inter- industry. While still proud of and events.Tulsa is truly a liv-
t ested in joining the corporate the role the city continues to able city. .
By Mayor Terry Young ' giants,the ambitious medium- play in the oil industry,Tulsa is • Education and research
q x • sized firms and the emerging no longer completely depen- have not been neglected._
' - entrepreneurial companies dent on "black gold." Tulsa Planning is underway for the
`--,,y .:`Tulsa—our bold and cos- our city's founders.Tulsa was which call Tulsa home. remains very much an energy-. University Center at Tulsa r.-
mopolitan city on the fore- built by risk takers—oil cap- Tulsa, a city with a legacy minded city and an important (UCT), and a site for the
front of the urban frontier—is tains, roughnecks, rugged in- of community pride and fiscal source for petroleum technol- campus has been selected
a place where people want to dividuals intent on establish- soundness, has experienced o.gy and research,but the city north of downtown Tulsa near
• live- ing a city capable of solving its remarkable growth without is also a center for aviation- the historic and recently reno-
They have chosen Tulsa' own problems. Nothing has sacrificing the quality of our aerospace, te.lecommunica- vated and rejuvenated Green-
..
. -. because there exists here changed. Today, we still live community life,which remains tions, electronics, data pro- wood Centre. UCT—with 90
_ _ something that cannot be du- ,by a time-honored ethic of in- among the highest in the na- cessing,manufacturing,health percent of its students coming
plicated or bought, exported dividual self reliance and a tion. Our city thrives because care technology and tourism- from the full-time work force
or sold. It s the secret of our feeling of community pride. everyone in it plays a role in recreation. - - -sector—will be the first institu-
y : success. We call it, simply, That's what our spirit is all forming the future. It takes a The Tulsa Port of Catoosa, tion of its kind in the nation.
+'Tulsa Spirit" _;- ,about.Tulsans are driven by a lot of effort, from all sectors, the nation's newest inland wa- UCT joins the University of
r`.%;, Since our city was born sense of purpose and energy to invigorate a community. ter port and a bustling foreign Tulsa,Oral Roberts University
:.generations ago,when a band which they have committed to That requires the right blend trade zone, links Tulsa to the and a number of first class
of Indians gathered under an cultural and civic develop- of private and public enter- Mississippi River, the Gulf of proprietary schools as an addi- -
• • oak tree near the Arkansas ment. The `Tulsa Spirit" is prise to create and maintain -Mexico and the world beyond. tional source for higher educa-
River, bold decisions by ad- more alive than ever- '-the healthy business climate Our city offers stylish retail don and another key factor in
venturous leaders have kept s-Tulsa provides a base of: that we enjoy in Tulsa. -- - ,,centers, elegant residential our future economic develop-
,_alive this pioneer spirit that operations for many of the na- A dynamic market for fu- ''neighborhoods, world-class ,ment. • ,- . -
has died in many cities. Lion's most successful firms ture growth and development, 'museums and art collections ._ With our continued effort
Much of the credit goes to and, with plenty of room for Tulsa has come a long way such as the Thomas Gilcrease to sustain diversified industrial
�x --,-.:-.:-",,1,..4. Institute of American History growth, it is apparent Tulsa
.1- ' 'fir kce r v*- .s A ! o 4 A-g and Art and the Philbrook Art will remain one of the nation's
k* �4-, ,.: Center, as well as opera and cities where p-op le will con- -
$ z *. • ballet companies,a symphony time to want to live,work and
' ' ' IS'��I[f.,_.. ...,a pal orchestra,both a resident pro- play.
-� '", F x .; fessional theater company and Now more than ever,that
'. ,•.:n'�� N t---vns;La»n ,' ....4 1 . 0 R4 Az� i the only American Indian The 'Tulsa Spirit''is tough to beat f
' - 1f' , A U' 7Ltlteading&Bates"Out � c-.4,�kr. e
\1;" `'" "`'° �P�a m° r*`ne Yte ' t" lt ' Telex Invests in Tulsa's Future
. '-94tital[y every writer of the globe,A,Ad evetywhel`e"WC go,74.„ 4 1 P .. ; ;F ..
aFatCt�f7ttlsawithtlS-..„,_ setThIsaishomo A ,, €,,, _. By:George Bragg
`.'' �€ „ {:coding&$atesfaproud so.be a pare. Thlsa Andwe`teproudt(f .i-E 4 ' - x President and ChiefExecuttveOTcer ,s,
;-."� '° r ` P _--Telex Com uter Products,Inc
Ixip mate'ILLsa apart,of the sok:donto out'worlds energy needs P
•,:-
R vq € asp ' , az ,'. :-. ,_, Tulsa,Oklahoma :, :.-
,' .s 'uE: r «zE �k,.et'��� r �,ay t -r�..5{E„c --: � � +t..,%�i;:k t , s+ 'r E, £: ,Pt- Turnaround is a word one'.regularly educate; train and
"`" � F`xk r ,__--:!, . a • hears often these days in con- motivate one's employees.
4_ ° r ' y '', .,,+«4 x` A z4 ' a°� 4 section with Telex Computer Both kinds of investment look
l ' : ` s , ra Rf11opY6tdJITES � �� � Products,Inc-While some may toward sustained, top-quality
,� �, � - £ �' ,,,44,4 tt,1k attribute the steady climb performance. We believe in-
'hxz g.' Qom' ip,,,Oil andgas•Offshore drllllttg , since 1980 from red to black as vestment in people encour-
� i n ,,,, onstns Lion boat ' an heroic level of managerial ages each employee to make -• achievement,the real: is that Telex's future and his otr her
r? � 3rl HCat3gt7 tCT TblSa'4�k )IUiI - — Z � increased profits and corpo- professional future one in the
r r'' a 0• i' ."1 1 s� ' rate solvency may be realized same—a crucial ingredient in_
�' '' _ '' � 444+ .fa 7 by returning to fundamental the Telex plan.
.* � £ ` &, NX��$r°', "`, „ principals. For many corpora- Telex's commitment to cul-
'£" £'' } ,� ds. ' -' ' �� '' Lions, such basics have long tivating an internal corporate•
y; �''' ' ' 4 ., ,'`q,' '' been forgotten—or else dis- _culture ties nicely with the ad-
:3 �.7'4'' �' �S. ,j fA ',� missed as no longer apphca vantage we see in aligning
ble-1n the shuffle to keep ourselves with the city of Tulsa
s �,, ''ti ,, , . .., f ,corporate heads above water in insuring the city's economic
r --- : ' , and venture capitalists deter- growth.Just as we have found•
''' 1°r`" "' minedly focused on the next in Raleigh, N.C., where we
M 3,' deal maintain a major operation,
Telex advocates invest- Tulsa is also a city whose
., ment. Our investing, though, healthy business climate pro-
t '?. ' - takes what was once a tradi- vides fertile territory for Indus-
„ a -� d* tional and is now a somewhat trial development. Telex has
-,# ', unorthodox turn toward in- found it possible to increase
P.- r vesting in the people who its pretax income from$4 mil-
work for the company. In a lion in 1980 to $54 million for
time when high personnel fiscal year 1984.We recognize
f � turnover and potential quick that such gains would be diffi-
profits make many companies cult to achieve in an industri-
a '=r ,,t , Q , reluctant to pour money back ally unsupportive environ-
into the business,Telex tackles ment.
`*. ", each step in the corporate It behooves Telex to ex-
* , process in terms of long-range tend the investment in its per-
i '' ,'r 'A goals accomplished through sonnet to an investment in the
iq q people-oriented objectives. cities where we maintain ma-
- . lust as it makes good sense to jar operations. Telex has long
• , ...,,• • put money into an expensive touted Tulsa as a city that
�` .. piece of machinery to insure could become another sigmfi-
continued top performance, cant industrial center.last No-
� � ,�s� � so does it seem sensible to Continued on Page 4
Page 4 . . .
BARROWS
Special Advertising Section Special Advertising Section
• - • Tole:Invests in Tulsa's Future a surprising 40 percent in th
There's G reat Potential Silicon Valley.
e Continued from Page 2 Thus far,the campaign ha
vn active Telex agreed to take ies Ifromninterested2perso nni
• an active role in a bold,inno-
` lth e j_,_, , vative advertising campaign to who want to know mar
n `"I .� . d r'::te a r'+ c;: promote Tulsa's business cli- about Tulsa's business state c
,,,,, ,=-,c. C.. - A _ mate via major magazines mind.We recognize the nee
1 zeros ace 1 Advantage to replicate the Raleigh-Dui
N across the nation. The cam- P
'j{J` ' paign has been orchestrated ham"Industrial Triangle"su<
tU,eti,y• �, " by The Tulsa Metropolitan cess in Tulsa. Telex and th
pi, ;,, 3.-(-4:-.40..,:..(4.,,,,i,... - - ll.)a•,-,_ I•ft T 's -*r -:": Chamber of Commerce, and Chamber are encouraged b•
A;1,-5� ,, � Tn ja - ''''''—`4,-* Telex has shared one-half of what can be interpreted as a
the cost for a print testimonial endorsement of our faith i
r. ,�'; J+ ,; , ,,,. 'a "modestly" titled "Bragg on •Tulsa's economic future.• Telex strongly advocate
.~' a y$; In looking for the next Aerospace related - l;Topnotch airport a ,;.i,_ TulThe slogan may be whimsi- 'ihatether strongly sample th
-landing site of your indus- labor force.Tulsa's . ,facilities.This medium good corporate life sample
in Tuts
cal, but the message is g P
a,_business don't commercial ;,Spartan School to hnic hub(as slplentyo a the straightforward: Telex claims The future-minded, peoph
,, • h businesp,don't overlook ,,neutich several technical FAA)has plenty of avail t 4"f' that electronics firms.relocat- 'oriented midwestern menta
-'Tulsa.Specifically,Tulsa -•vodech schools,and two - able air cargo space ,4 i ' is working well for loot
k ing in Tulsa can realize up to a g
International Airport :;outstanding universities `° (98,000 sp.ft.)and gate 50 ercent increase in annual the company and its persoi
•
Its a site with more -..,...provide a highly-gust-died n aer space.Ready fuel access p nel. A corporate causal chaff
= going for it than you might labor force in aeronautics And three runways with ,r profits, and that when all fat- is 1.work.
tors are considered Tulsa's Drawing other high feel
agine. , r, ';slnd other
cation.Tulsa , tional state-of-the-art ich cans- ,.,' business climate is superior to g
-�P Increased tiaffic #k-=`Location.Tulsa is tional aids which can that of the Silicon Valley,Bos- nology firms to Tulsa will be
<.Passenger traffic in Tulsa within 2 hours of 95%of , accommodate any aircraft. -- ton's Route 128 and Austin, boon to the corporate life +
f'has increased over 33% ',`N1'e nation's population Call 918 838-5000 • Texas. the city as a whole. What
,; :::.4.s since 1980.Last year, -.'And the airport is readily today.Or write the Tulsa T_.The campaign is targeted good for the wty is good fi
',T▪ ulsa International han- ,°':accessible by highway Airport Authority,P.O.Box ��� to businesses a am campaign ist targeted
in re- ;good employees. And, dive
�e died over 2.8 million r• failway—even sea,by 581838,Tulsa,Oklahoma " ,'" locating, particularly in the :our managerial philosoph
Y.revenue passengers and way of the nearby Port o} 74158. + locating, area. Telex urges swhat is good for its employe(
K1 ',".▪ .t-,'exported more than .• Catoosa which connects And find out more a firms to relocate to Tulsa so Is good for Telex.
- 21,000 tons of freight - 1c Mid-America to the Gulf of 'about how Tulsa can be a that they may take advantage
and marl ;Mexico.Tulsa International •very profitable destination of what our company sees as ^'
•<Land available for ' is a regional airport -_=•for your company = `' the willingness of Midwest- Brief Yourself on
' teasing.Tulsa airport is serving erners to invest in the afore t �'va"'
_▪,situatedon3,500acres ,4rzoortions TAA Tulsa's Aerospace Advantage' mentioried long-term goals of
Land is available at rea of four a business.This factor has re-
sonable prices,with "States—Kansas,.<. ,,c/o Tulsa Airport Authority - suited in a low,10 percent an-
.: ' - •• '•financing you can obtain Arkansas,Missouri,and • ••P.O.Box 581838 - nual turnover rate among key Business
=•through the Tulsa Airports half of Oklahoma. >-�s:--Tulsa,OK 74158 personnel in Tulsa, as corn- State of Mind. „
Improvement Trust .,•,..-,,,,, ,;.,..-- orel flying yea her 918836 5000 * pared to a 20 percent annual
x In more than 56 years of A turnover rate in Austin,25 per . Independent feasibility studies
' -.operation,Tulsa Inter cent in Boston's Route 128 and show Tulsa as a most desirable
-. place to locate virtually any -,f,
i < :•4 a,{f r :..national has never been a+Y >ac f.*r r ' business.Which you can see• a,c,closed for extended 1.,17.t,,.:1-.1.9 T � ' ,-,, for yourself without obligation.•- t,;,-..,,•,,? „,'periods due to inclement 14;" .._ - .t . - Tulsa location Is Attractive To request your analysis.
weather. .i just anyofthe boxes
To Williams low, this ad with
your business card to:Rick
management By Joseph H.Williams Weddle,Tulsa Economic
"Historleallyj•-11 lanage l e l l Chairman of the Board youth Boston.
Commission,616
and Chief Executive Officer South Boston
The Williams Companies , Tulsa,Oklahoma 74149 Or call
decisions related: to- retail locations 9181201. ' r
As my home town, Tulsa o Electronic Components and
will always be for me where Instruments Manufacturing
• the heart is. But personal bias o Medical and Surgical
and-retail operations'have been aside,I'm convinced that Tulsa Instruments
is an exceptionally attractive 0 Plastic Products -
City, from many points of Manufacturing i'
gray J ��y' yy� y� (� ❑Machinery and Transports-
: ." �1-a V areas.:.Our LL mission.l.is to view. M
on Equipment r• V J In the 60's, The Williams Manufacturing
make { p 7 Companies' management be CI General Manufacturing and
make.. those decisions-black Tan objective consideration of Data Processing whether our growing and in- 0 Data Processing and Admin-
. nd
creasingly diverse Company istrative Activities
q�''� ��" should retain Tulsa as-our ++larch and Development;
•
CLlid V�lhlte,. Chair G.EIdCr Activities
headquarters location. You'll learn about Tulsa's
Chairman and Chief Executive officer Our decision,tangibly em- young,educated,and reliable
MPSI Systems Inc. phasized by our development work force.Its low cost of
of Williams Center in down- taxes,l utilities, and superiors
town Tulsa during the 70's, transportation by air,land,and
was a resounding endorse- water.And its superb quality o
ment of the locale in which we life in climate,housing,recrea-
had grown and prospered lion,culture,education,and
MPSI Systems Inc.is a leading provider of computer software over most of this century. more.
Some of the reasons for That's Tulsa.As in Okla-
. and data bases to the retail and real estate industries—in 26 coun- this pocketbook vote of confi- hams.A progressive place to
tries where 73 users of MPSI's Retail Planning System"'conduct dente in Tulsa sound like a state your business.
their businesses.MPSI Systems Inc.(OTC-MPSG) recitation of what so many :TULSA-• Americans found desirable
about our area of the nation in
- its formative years—good �■120!',._
people,an agreeable climate,a .t
central location, and room to I I — ____
grow.
• These reasons still apply,
• today.Additionally,in growing T _ —
_- to a mid-sized metropolitan 1
� which with the key amenities
which families of a profes-
MPSI SYSTEMS INC.. sional and skilled work force
find appealing,Tulsa has kept
�_. e282 SOUTH MEMORIAL DRIVE - the freshness and optimistic
TULSA.OKLAHOMA 74133 spirit which has undergirded ,
•
f
Page8 BARRON'S / 1�. ? ,
Special Advertising Section
Special Advertising Section _
Property Company'of America tenant-shared telecommunica-
BUIjaS on Success lions services are all features Tulsa: The City In Search Of Tulsa's Aerospace Advantage
that balance immediate mar- Growth Industries By:DonM.Powersand
Cont,from Preceding Page keting appeal with long-term - Imogene Amor
undertake such a significant profitability. Our newest gen- ' By Rick Weddle Tulsa International
expansion move, given an al- eration of apartment commu- : Vice President,Economic Development Division Airport Administration "
. ready sound economic base, nities,for another example,in- , : -_-_,-.Metropolitan Tulsa Chamber of Commerce Tulsa International Airport
Broadening of market cover- dude luxurious amenities,de- A few years ago the Metro- around the completion of the TUL is situated on a 3,500
age,for one thing,provides an Sign details and quality fin- politan Tulsa Chamber of Battelle-Columbus Growth In- (TUL)
effective shield from singular is es. Commerce recognized that dustry Research Program,con- ease tract, seven miles north-
. market downturns.By electing Commercially, and '.resi- Tulsa had to stop being the ducted by the prestigious Bat- east of downtown Tulsa
to expand the company be- dentially,-state-of-the-art de- nation's best kept secret. Like telle Memorial Institute of Co- ._ -TUL serves portions of four
''r . yond its southwestern con- sign is a primary factor in it or not,the time had arrived lumbus,Ohio.With the results states, provides employment
centration, Property Company achieving tenant satisfaction, to inform the rest of the coun- of that exhaustive effort in for 14,000 people, and pro
' - --of America conservatively en- and satisfied tenants are ap- try—especially business and hand, we were able to assess ;des an economic contribu- .
'-hances its financial future. parent in• our projects industry—about the proven the strengths and weaknesses .tion_in excess of $2 billion to
Penetration of the suburban throughout Tulsa. With one resources,wide range of serv- of the city, target industries the regional economy
•--Virginia,Maryland and Dallas/ and a half million square feet ices and the tremendous po- and complete our overall strat- At TUL, the 'Aerospace
Fort Worth residential markets of commercial development tential that Tulsa has to offer. egy designed to facilitate the :Advantage" comes from the
-.Is planned for 1985,and in the and 23 apartment communi- The Chamber's Economic attraction and retention of de- . availability of land for growth '
tt-future, Property Company of ties to its credit, Property Development Division pro- sirable industries. t:;z• .Wand development, with more
�.'s•.America will seek solid oppor- Company of America has an gram has met that challenge ---Our effort—focusing on 1,- ,than 500 acres now ready for
lunities for national expansion enormous stake in its corpo- head-on and delivered. But 800 key firms—is designed to -'.commercial and industrial use.- •
:;to which it can confidently re- rate headquarter's community. the program is far from corn- attract a variety of new busi- Over the next decade another
spond. ._.. _: _.Property Company of America 'plete.In the words of the pop- nesses to our city in order to_ acres will be added. '
Property Company of• is pleased to provide Tulsans ular ballad,we've only just be- help with the continued diver- Aerospace is among the
America is finding a receptive with places to live, shop and gun, sification of the Tulsa econ- top three industries in the
- audience for its expansion.We -work. In return, Tulsa con- - _We know that Tulsa's eco- omy. The range of business Tulsa metropolitan area.Some
feel that this is, in part, be- tinues to provide the company nomic development emphasis and industrial categories is ex- of TUL's major tenants now
cause we consistently respond with an ideal climate for qual- must continue to focus on the tensive,and our research tells contributing to Tulsa's econ-
to market demands.The com- ity developments.• r- `'0•attraction and stimulation of us the types of firms which are omy include Tulsa's. single
pany has made the strategic It is•an exciting time for,_growth industries which are prime candidates for expan- largest employer, American
- decision,to build high-quality Property Company of Amer- well suited to.our city. We sion or relocation to Tulsa Airlines Maintenance and En-
projects that challenge market ica. The Company's carefully have identified those targets, come from the areas of elec. gineering Center, which cur-
e;' competition while yielding su- -charted development plan is and now we are actively seek---tronic components and instru- rently employs 5,650. Facilities
perior returns. providing new opportunities .ing the businesses and indus- ments, medical and surgical ',were financed through the
Property, Company of.for outstanding,project both -tries that have excellent poten- "Instruments,plastics products, sale of bonds by the Tulsa Mu-
' America's.commercial build- in Tulsa and across the United _tries for market growth and "machinery and transportation nicipal Airport Trust, one-y of
ings,for example,are increas- States. We are confident that long-term profitability,_�Jn-,.equipment, data processing the two trusts established by
ingly intelligent. The latest •.:....
in ,"there will always be a market Tulsa. - - and research and develop- the Tulsa Airport Authority,
tY Y P quality develop- + .which authorized $52 million .
security s stems,'°com user-' for uall real estate develo The initial economic Bevel-� ment.
ized management systems and ments. r-'"a*- -^ • opment plans ' centered -The newly-formed Corn- for improvements in 1982.
mittee of 200,a private-sector- -
McDonnel Douglas,at TUL
group created to promote 'since 1942, performs a 'sig
i r economic development in nificant manufacturing role for _
," r ,a a g . t 1,, r, Tulsa, is also a key ingredient the Department of Defense
$ .,° r in our success formula. p
'ld ��� and McDonnell Douglas cur-
. Formed in July 1984, the rent) employs 1,900 person-� p
x; r« --_,.;'-',.-i-'7";.'5:!:''';',tN ,,a a t :'-',-.--':.-.2,:"--;,,;,:
'-,-«�` *::"J,.,,.,.`'..-",‘''..,:::::: . n `` , committee is comprised of nel. y ...
,� ° .,,,:.,- ,r;-:,,: companies and individuals ,; Rockwell _ International ,-
'°' L "«mss ;6 V2r who are not only financial do- joined the TUL complex in
Hors but also give freely of .1962 when Tulsa was selected
r y
`r" P ® ,? , w ,t ': their time and energy beyond as the site for its Apollo space
P . '',4,17.2(.4:31;:,,,, „” ,t their regular membership par- program.A major space shut-
p �; ticipation in the Chamber of tie contractor, Rockwell Inter-
' eF "".'ry � "''''''"*^ '''';'''.-' ,, Commerce in order to sustain 'national employs-more than
�r e and improve the economic de-
„ � P 3,000 people m Tulsa with an
� velopment effort. ='annual payroll exceeding $75
,:(;;;;V:4,;;;.,,,,,,,`";., xr E ai "x 1„ ,..,t• Also we are implementing
"- n r « :, , p 8 million.
jfat ' 3,. , � what is probably the most Tulsa International airport -_
ga ,..,,,,4.6•:,,,.., >-,,,, ..,,..4 ift.#%-„!,),,,i.+,..-', ,:.":,:t x comprehensive research and 'has three runways.which can
information system of its kind.
s ,, Y accommodate any aircraft fly-
b ` m a in the nation. The Tulsa Eco- ing today, under all weather -
. -� � nomic Development Informs- conditions. In addition,a U.S.
F '` 7 54 Y'. . F a ' tion System(TEDIS),a compu- Customs and Point of Origin
' L i ,-.4,...I-',. terized data base, is designed Office is located on the airport
+ . e € . . A. to effectively address the in premises. ,c'- - -
ems°
- formation requirements of In terms of climate, labor
. business and industrial pros- -force and location,Tulsa offers
s '''" :, t pects,Inherent in this process excellent opportunities as a
s , r?a x
F � is the formulation of a com- site for any aerospace activity.
`,, ;---/ plete research agenda which TUL has never curtailed activ-
outlines what information is ity due to inclement weather,
=° ,_., necessary necessary, who is responsible and hydrocarbon emissions
In 1895,cowboys were unrivaled kings of the provide a full spectrum of financial services for regular updating and how are well below Environmental
plains.First Tulsa was there helping them ;possible only from a$3.4billion regional finan- this data fits together in a protection Agency standards.
build the territory's fledgling ranching vial center. computerized system. Under keep spacious clear zones
industry. Whatever your you the direction of Battelle-Co- keep noise at a community
ustry L. Y Y lumbus, this innovative pro- compatible level.
Then came men who probed the land for `us.It's something business has been doing— gram involves cooperation
- black gold. Others with their sights on the :with success—since ' and input from the city of Industrial growth and de-
stars.And those who wanted to get their feet cowboys were lungs. 1 Tulsa, the Chamber of Com- velopment continue at TUL
' wet.In First Tulsa they found a willing finan- - r1095-/Q05._ merce and several other gov- with 79 capital projects under-
" I ernment sources from the pri- m Ilion in�ninvestments. Over
°sal partner to help diversify the city into the
OPMNKIAr•txc[tteACe vale and public sectors in-
"Oil Capital of the World,"a major aviation and volved in economic develop-
" the next decade the airport
aerospace center,and an inland seaport. will generate $115 million in
Dent eeseaiev, . capital projects to meet its
lbday,the scenario continues in the field of We believe our economic p p l
high technology.And,once again,Tulsa's bank _ ' development program will own needs,with private devel-
ia at the leading edge of the charge. - '"' serve as an important catalyst opines t exceeding that figure.
Interest in the prime aero-
Aathe first bank in the city to form an Eco— First Tulsa in helping our city maximize space and industrial areas
nomic Development Department,we are ide- its growth potential, and in available continues to increase
ally positioned to meet the information and A Bank Of Mid-America doing so, Tulsa should Co n- as TUL expand and prospers, -
coordination requirements of businesses new to The First National Bank and Trust Company of liilsa time to be not only one of creating Tulsa's Aerospace Ad-
the community.As a Bank of Mid-America,we• - PO.Box One liulsa,OK 74193 Member FDIC America's most livable but
profitable cities. vantage. III