Phelps County questions EEZ's success

5 years 11 months 3 weeks ago Monday, May 28 2012 May 28, 2012 Monday, May 28, 2012 12:09:00 PM CDT May 28, 2012 in News
By: Kacie Yearout
loading

PHELPS COUNTY - While the Columbia City Council struggles with the future of its enhanced enterprise zone advisory board, the communities of Rolla and St. James have had approved EEZ advisory boards for three years. Both small towns, the cities hoped to bring business to their industrial parks with the move. But after many months, success is limited.

Right now, the only occupant of a business park brought in by the EEZ is Lisa Liou's technology start-up which began in 2002 at Missouri Science and Technology in Rolla. A year ago, she finally wanted to expand and moved into the park.

"It was time for me to build a building. To put everyone together, to work together," said Liou.

Cyndra Lorey, director of Rolla Regional Economic Commission, oversees both the EEZs in Rolla and St. James. She used the EEZ to keep Liou in Phelps County.

"They were really being courted by folks in another state. (The EEZ) allowed us to make a case, it makes sense for you to live here," said Lorey.

With the EEZ, Liou gets the land for free until 2013. If she has eight more employees by then, it will be remain free. If she does not, she will have to pay for the land. She also has a 15 percent tax abatement on the land.

Even though Liou has taken advantage of the EEZ, she is still the only one. No other business has come to Phelps County for the EEZ.

"What is your marketing plan to make Rolla look like a good place, they have nothing," said Mark Fleming, journalist and economic development expert who lives in Rolla.

The EEZ met a lot of controversy in 2009 when the city councils passed it. There hasn't been much said since then, but there also hasn't been much done. Fleming said the EEZ is a positive thing, but just is being handled incorrectly.

Lorey acknowledged that the EEZ hasn't done much yet, but explained this is because of the economy. She also said getting a business to come is not simple, and that there are many components that go into finding the right company.

"As the economy improves, we are able to see, and we have been able to see a greater interest," she said.

Lorey said she is currently working with a big company, and believes there will be more progress soon.

Meanwhile, Liou continues to build and expand her business in Phelps County, where she has lived and worked the past 25 years.

"The EEZ is good because I can be here. But at the same time, I want to be here," she said.

More News

Grid
List
COLUMBIA – The Columbia City Council will address an ordinance Monday on whether to approve of a special August election... More >>
1 hour ago Monday, May 21 2018 May 21, 2018 Monday, May 21, 2018 2:41:00 AM CDT May 21, 2018 in News
MARSHALL - A standoff between Marshall police and an armed man ended without injury. According to a news release,... More >>
6 hours ago Sunday, May 20 2018 May 20, 2018 Sunday, May 20, 2018 9:53:00 PM CDT May 20, 2018 in News
ROCHEPORT - The city of Rocheport honored two men on Sunday whose legacy has stretched across the state of Missouri.... More >>
9 hours ago Sunday, May 20 2018 May 20, 2018 Sunday, May 20, 2018 7:09:00 PM CDT May 20, 2018 in News
AUXVASSE - Gov. Eric Greitens spoke at the 16th annual Fire Fighters Memorial Service on Sunday. The service was... More >>
12 hours ago Sunday, May 20 2018 May 20, 2018 Sunday, May 20, 2018 4:05:00 PM CDT May 20, 2018 in News
COLUMBIA - The Missouri State Highway Patrol is taking to social media to spread awareness of National Safe Boating Week... More >>
12 hours ago Sunday, May 20 2018 May 20, 2018 Sunday, May 20, 2018 3:36:00 PM CDT May 20, 2018 in News
FULTON - All 6-year-old Sam Santhuff wanted to do was comfort children in the hospital, even though he was there... More >>
21 hours ago Sunday, May 20 2018 May 20, 2018 Sunday, May 20, 2018 6:47:00 AM CDT May 20, 2018 in News
CAMDEN COUNTY - The Missouri State Highway Patrol has released the identities of the three people killed and the two... More >>
1 day ago Saturday, May 19 2018 May 19, 2018 Saturday, May 19, 2018 6:42:00 PM CDT May 19, 2018 in News
COLUMBIA - Children in Columbia have a chance to get paid to play. Columbia Parks and Recreation started its... More >>
1 day ago Saturday, May 19 2018 May 19, 2018 Saturday, May 19, 2018 6:10:00 PM CDT May 19, 2018 in News
HAVANA (AP) — The Latest on the crash in Cuba of a passenger jet with 113 people on board (all... More >>
1 day ago Saturday, May 19 2018 May 19, 2018 Saturday, May 19, 2018 5:23:00 PM CDT May 19, 2018 in News
COLUMBIA - Over 90 people showed up at the Burr Oak Brewery for an afternoon of puppies, yoga and beer... More >>
1 day ago Saturday, May 19 2018 May 19, 2018 Saturday, May 19, 2018 4:50:00 PM CDT May 19, 2018 in News
COLUMBIA - Although it is nowhere near Halloween, some Columbia runners faced their fears by participating in a zombie-themed 5K... More >>
1 day ago Saturday, May 19 2018 May 19, 2018 Saturday, May 19, 2018 11:12:00 AM CDT May 19, 2018 in News
COLUMBIA- The city of Columbia has been ranked a top-ten affordable college town to live in by realtor.com. Factors... More >>
1 day ago Saturday, May 19 2018 May 19, 2018 Saturday, May 19, 2018 10:41:00 AM CDT May 19, 2018 in News
ST. LOUIS (AP) — The Mississippi River is above flood stage at several northeast Missouri locations, but forecasters do... More >>
1 day ago Saturday, May 19 2018 May 19, 2018 Saturday, May 19, 2018 9:29:44 AM CDT May 19, 2018 in Continuous News
(CNN) -- And they're married! Britain's Prince Harry and US actress Meghan Markle were wed Saturday at Windsor... More >>
1 day ago Saturday, May 19 2018 May 19, 2018 Saturday, May 19, 2018 7:09:00 AM CDT May 19, 2018 in News
COLUMBIA- The United states is experiencing one of the lowest birth rates in 30 years, according to the Centers for... More >>
2 days ago Friday, May 18 2018 May 18, 2018 Friday, May 18, 2018 9:08:00 PM CDT May 18, 2018 in News
COLUMBIA - Attorney General Josh Hawley says attorneys helping Gov. Eric Greitens through impeachment proceedings are acting improperly. "By... More >>
2 days ago Friday, May 18 2018 May 18, 2018 Friday, May 18, 2018 8:34:00 PM CDT May 18, 2018 in News
JEFFERSON CITY - The annual Backyard Concert Series kicks off Saturday evening at the Jefferson Landing Historic site. Missouri... More >>
2 days ago Friday, May 18 2018 May 18, 2018 Friday, May 18, 2018 6:45:00 PM CDT May 18, 2018 in News
JEFFERSON CITY –Missourians will soon be able to keep a little more money from their paychecks, after a state House... More >>
2 days ago Friday, May 18 2018 May 18, 2018 Friday, May 18, 2018 6:33:00 PM CDT May 18, 2018 in News
Columbia, MO
Broken Clouds 64°
5am 64°
6am 64°
7am 66°
8am 67°