Phelps County questions EEZ's success

4 years 9 months 4 weeks ago May 28, 2012 May 28, 2012 Monday, May 28 2012 Monday, May 28, 2012 12:09:00 PM CDT 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
JEFFERSON CITY (AP) — A Missouri appeals court panel said utility regulators had no authority to grant conditional approval for... More >>
30 minutes ago March 28, 2017 Mar 28, 2017 Tuesday, March 28 2017 Tuesday, March 28, 2017 6:08:00 PM CDT in News
BUNCETON - A water leak that occurred around 5 p.m. on Tuesday forced the city to turn off the water... More >>
49 minutes ago March 28, 2017 Mar 28, 2017 Tuesday, March 28 2017 Tuesday, March 28, 2017 5:49:00 PM CDT in News
JEFFERSON CITY (AP) — A Missouri woman who used her neighbor's home to receive a fraudulent loan was convicted of... More >>
2 hours ago March 28, 2017 Mar 28, 2017 Tuesday, March 28 2017 Tuesday, March 28, 2017 3:44:00 PM CDT in News
JEFFERSON CITY (AP) — The Missouri House gave initial approval to a bill that would overturn a St. Louis ordinance... More >>
3 hours ago March 28, 2017 Mar 28, 2017 Tuesday, March 28 2017 Tuesday, March 28, 2017 3:33:00 PM CDT in News
JEFFERSON CITY – On April 4, Cole County voters will see two propositions on the ballot designed to improve Jefferson... More >>
3 hours ago March 28, 2017 Mar 28, 2017 Tuesday, March 28 2017 Tuesday, March 28, 2017 3:28:00 PM CDT in News
COLUMBIA – The U.S. Fish and Wildlife Service placed native bumblebees on the endangered species list at the start of... More >>
3 hours ago March 28, 2017 Mar 28, 2017 Tuesday, March 28 2017 Tuesday, March 28, 2017 3:06:00 PM CDT in News
ST. LOUIS (AP) — Police said an investigation found that a man apparently fatally shot the mother of his children... More >>
4 hours ago March 28, 2017 Mar 28, 2017 Tuesday, March 28 2017 Tuesday, March 28, 2017 2:20:00 PM CDT in News
JEFFERSON CITY (AP) — Missouri Gov. Eric Greitens says people should have the option of getting IDs that allow them... More >>
4 hours ago March 28, 2017 Mar 28, 2017 Tuesday, March 28 2017 Tuesday, March 28, 2017 1:49:00 PM CDT in News
JEFFERSON CITY (AP) — Missouri's Republican-led House has endorsed a bill to repeal the state's "prevailing wage" requirements for public... More >>
4 hours ago March 28, 2017 Mar 28, 2017 Tuesday, March 28 2017 Tuesday, March 28, 2017 1:45:00 PM CDT in Continuous News
JEFFERSON CITY (AP) — Gov. Eric Greitens said he's still against expanding eligibility for Medicaid in Missouri following failed efforts... More >>
5 hours ago March 28, 2017 Mar 28, 2017 Tuesday, March 28 2017 Tuesday, March 28, 2017 1:17:00 PM CDT in News
JEFFERSON CITY (AP) — A new Missouri law will change the standard for vetting expert witnesses in jury trials. ... More >>
5 hours ago March 28, 2017 Mar 28, 2017 Tuesday, March 28 2017 Tuesday, March 28, 2017 1:06:00 PM CDT in News
JEFFERSON CITY - As Missouri legislators debate the merits of a state prescription drug monitoring program, five of the nation's... More >>
5 hours ago March 28, 2017 Mar 28, 2017 Tuesday, March 28 2017 Tuesday, March 28, 2017 12:53:00 PM CDT in News
KANSAS CITY (AP) — A Kansas City man has been convicted for his role in a shooting that left two... More >>
5 hours ago March 28, 2017 Mar 28, 2017 Tuesday, March 28 2017 Tuesday, March 28, 2017 12:45:00 PM CDT in News
STURGEON - The Sturgeon Board of Aldermen voted to remove Greg Halderman from his position as police chief by a... More >>
6 hours ago March 28, 2017 Mar 28, 2017 Tuesday, March 28 2017 Tuesday, March 28, 2017 12:15:00 PM CDT in News
CALIFORNIA - A Kansas City man was arrested on suspicion of burglary Tuesday morning after attempting to evade police. ... More >>
6 hours ago March 28, 2017 Mar 28, 2017 Tuesday, March 28 2017 Tuesday, March 28, 2017 11:50:00 AM CDT in Top Stories
JOPLIN (AP) — A southwestern Missouri teenager has been sentenced to 25 years in prison for fatally shooting his 12-year-old... More >>
7 hours ago March 28, 2017 Mar 28, 2017 Tuesday, March 28 2017 Tuesday, March 28, 2017 10:56:00 AM CDT in News
LADUE (AP) — Authorities in suburban St. Louis said a man found dead inside a van was wanted for questioning... More >>
8 hours ago March 28, 2017 Mar 28, 2017 Tuesday, March 28 2017 Tuesday, March 28, 2017 10:37:00 AM CDT in News
KANSAS CITY (AP) — Fire investigators in Kansas City, Missouri, are trying to pinpoint what sparked a three-alarm blaze that... More >>
8 hours ago March 28, 2017 Mar 28, 2017 Tuesday, March 28 2017 Tuesday, March 28, 2017 10:15:00 AM CDT in News
Columbia, MO
Broken Clouds 58°
7pm 59°
8pm 57°
9pm 56°
10pm 55°

Select a station to view its upcoming schedule:

Coming Up Next

6:30p
Wheel of Fortune
7:00p
The Voice
8:01p
Trial & Error
6:30p
Family Guy
7:00p
The Flash
8:00p
DC's Legends of Tomorrow

Tonight's Schedule

7:00p
The Voice
8:01p
Trial & Error
8:30p
Trial & Error
9:00p
Chicago Fire
7:00p
The Flash
8:00p
DC's Legends of Tomorrow
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld