Phelps County questions EEZ's success

4 years 3 weeks 6 days 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

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
BOONVILLE - A train crashed into a car along the Missouri river on Friday night. Boonville Police confirm the... More >>
17 minutes ago June 25, 2016 Jun 25, 2016 Saturday, June 25 2016 Saturday, June 25, 2016 12:04:00 AM CDT in News
CLAYTON (AP) — A judge says attorneys for the city of Ferguson and other defendants in a wrongful-death lawsuit brought... More >>
3 hours ago June 24, 2016 Jun 24, 2016 Friday, June 24 2016 Friday, June 24, 2016 8:47:00 PM CDT in News
HOLTS SUMMIT- The Better Business Bureau is warning mid-Missouri about a new scam, where scammers claim to represent Ameren UE.... More >>
4 hours ago June 24, 2016 Jun 24, 2016 Friday, June 24 2016 Friday, June 24, 2016 7:32:00 PM CDT in News
COLUMBIA- The Boone County Fire Protection District got an upgrade on Friday. It showed off 10 of its shiny... More >>
5 hours ago June 24, 2016 Jun 24, 2016 Friday, June 24 2016 Friday, June 24, 2016 7:04:00 PM CDT in Continuous News
COLUMBIA - The recent heat wave in mid-Missouri has already caused problems with the roads. And now it's causing major... More >>
5 hours ago June 24, 2016 Jun 24, 2016 Friday, June 24 2016 Friday, June 24, 2016 6:50:00 PM CDT in News
COLUMBIA - Some drivers in Missouri could soon be rolling down the road of the future. The Missouri Department... More >>
5 hours ago June 24, 2016 Jun 24, 2016 Friday, June 24 2016 Friday, June 24, 2016 6:48:00 PM CDT in News
COLUMBIA - Residents of Columbia say they are feeling more satisfied than ever when it comes to calling City Hall... More >>
6 hours ago June 24, 2016 Jun 24, 2016 Friday, June 24 2016 Friday, June 24, 2016 5:36:00 PM CDT in News
JEFFERSON CITY - Your next ride with Uber or Lyft will be different than last time. Governor Nixon signed... More >>
7 hours ago June 24, 2016 Jun 24, 2016 Friday, June 24 2016 Friday, June 24, 2016 4:32:00 PM CDT in News
JEFFERSON CITY - Three new troopers have been assigned to Troop F in mid-Missouri, according to Sgt. Scott White of... More >>
8 hours ago June 24, 2016 Jun 24, 2016 Friday, June 24 2016 Friday, June 24, 2016 4:11:00 PM CDT in News
TROY (AP) — Authorities say they're searching for an eastern Missouri woman after her husband was found dead from an... More >>
8 hours ago June 24, 2016 Jun 24, 2016 Friday, June 24 2016 Friday, June 24, 2016 4:00:20 PM CDT in News
SEDALIA - Gov. Jay Nixon signed three agriculture bills into law Friday evening. He was accompanied by state legislators from... More >>
8 hours ago June 24, 2016 Jun 24, 2016 Friday, June 24 2016 Friday, June 24, 2016 3:53:00 PM CDT in News
COLUMBIA - United States Supreme Court ruled Thursday that police officers do not need a warrant to give a breathalyzer... More >>
8 hours ago June 24, 2016 Jun 24, 2016 Friday, June 24 2016 Friday, June 24, 2016 3:51:00 PM CDT in News
MEXICO - A Missouri State Highway Patrol pursuit of a man on a motorcycle ended in a crash at Highway... More >>
8 hours ago June 24, 2016 Jun 24, 2016 Friday, June 24 2016 Friday, June 24, 2016 3:45:00 PM CDT in News
COLUMBIA – Bicycle riders in Columbia will have a new place to ride, and traffic could decrease after a new... More >>
8 hours ago June 24, 2016 Jun 24, 2016 Friday, June 24 2016 Friday, June 24, 2016 3:28:01 PM CDT in News
COLUMBIA - The Central Missouri Humane Society launched a new Community Outreach Unit Friday to help animals in need throughout... More >>
9 hours ago June 24, 2016 Jun 24, 2016 Friday, June 24 2016 Friday, June 24, 2016 3:16:00 PM CDT in News
COLUMBIA - Kristie Wolfe, the first president and principal of Father Tolton Regional Catholic High School, has announced her resignation,... More >>
9 hours ago June 24, 2016 Jun 24, 2016 Friday, June 24 2016 Friday, June 24, 2016 3:08:00 PM CDT in News
JENNINGS (AP) — A 35-year-old man has pleaded guilty in the stabbing death of his former girlfriend at her home.... More >>
10 hours ago June 24, 2016 Jun 24, 2016 Friday, June 24 2016 Friday, June 24, 2016 2:06:00 PM CDT in News
AUDRAIN COUNTY – Prosecuting attorney Jacob Shellabarger announces 40-year-old Darran Wade Boston of Mexico was sentenced 527 years in prison.... More >>
10 hours ago June 24, 2016 Jun 24, 2016 Friday, June 24 2016 Friday, June 24, 2016 1:48:00 PM CDT in Top Stories
Columbia, MO
Broken Clouds 77°
1am 79°
2am 78°
3am 76°
4am 76°

Select a station to view its upcoming schedule:

Coming Up Next

11:37p
Late Night with Seth Meyers
12:37a
Last Call with Carson Daly
1:07a
The Insider
12:00a
Community
12:30a
The King of Queens
1:00a
The King of Queens

Tonight's Schedule

7:00p
2016 U.S. Summer Olympic Trials
8:00p
2016 U.S. Summer Olympic Trials
7:00p
Family Guy
7:30p
Family Guy
8:00p
Bob's Burgers
8:30p
Bob's Burgers
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld