Phelps County questions EEZ's success

3 years 8 months 2 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

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
KANSAS CITY (AP) — A Kansas City woman who worked as a teacher and lived on a pension left $2... More >>
3 hours ago February 13, 2016 Feb 13, 2016 Saturday, February 13 2016 Saturday, February 13, 2016 11:33:39 AM CST in News
COLUMBIA (AP) — University of Missouri officials say they're looking into whether a graduate student employee union would be legal.... More >>
4 hours ago February 13, 2016 Feb 13, 2016 Saturday, February 13 2016 Saturday, February 13, 2016 11:04:08 AM CST in News
CAMDEN COUNTY - Mid County Fire Protection District responded to a residential fire southeast of Camdenton late Friday afternoon. ... More >>
19 hours ago February 12, 2016 Feb 12, 2016 Friday, February 12 2016 Friday, February 12, 2016 8:06:00 PM CST in News
COLUMBIA - The Business Loop 70 Community Improvement District, or CID, has applications open for residents, business owners or registered... More >>
20 hours ago February 12, 2016 Feb 12, 2016 Friday, February 12 2016 Friday, February 12, 2016 7:09:00 PM CST in News
JEFFERSON CITY - The Federal Emergency Management Agency, or FEMA, announced additional disaster assistance for renters in Missouri affected by... More >>
21 hours ago February 12, 2016 Feb 12, 2016 Friday, February 12 2016 Friday, February 12, 2016 6:06:00 PM CST in News
COLUMBIA - A man is recovering Friday after he jumped into a frozen lake to save the life of his... More >>
22 hours ago February 12, 2016 Feb 12, 2016 Friday, February 12 2016 Friday, February 12, 2016 4:33:00 PM CST in News
KANSAS CITY (AP) — Kansas City has created a plan in the city budget to tear down about 800 vacant... More >>
22 hours ago February 12, 2016 Feb 12, 2016 Friday, February 12 2016 Friday, February 12, 2016 4:32:00 PM CST in News
FERGUSON (AP) — Ferguson's mayor says city leaders warned U.S. Department of Justice negotiators last month that they couldn't guarantee... More >>
23 hours ago February 12, 2016 Feb 12, 2016 Friday, February 12 2016 Friday, February 12, 2016 4:19:22 PM CST in News
COLUMBIA – Columbia Public Schools will recommend three individuals to fill critical vacancies within the school district to the Board... More >>
23 hours ago February 12, 2016 Feb 12, 2016 Friday, February 12 2016 Friday, February 12, 2016 3:59:00 PM CST in News
JEFFERSON CITY - Funding would increase by $76 million for public schools if the budget proposed by the House Appropriations... More >>
23 hours ago February 12, 2016 Feb 12, 2016 Friday, February 12 2016 Friday, February 12, 2016 3:35:00 PM CST in News
COLUMBIA - The Better Business Bureau recently announced it received 2,500 complaints regarding online dating services during 2015. Regional... More >>
1 day ago February 12, 2016 Feb 12, 2016 Friday, February 12 2016 Friday, February 12, 2016 3:20:00 PM CST in News
JEFFERSON CITY – Sedalia man sentenced to seven years without parole for distributing methamphetamine. United States Attorney for the... More >>
1 day ago February 12, 2016 Feb 12, 2016 Friday, February 12 2016 Friday, February 12, 2016 2:32:00 PM CST in News
COLUMBIA - An animal control officer in Boone County said she does not see animal torture or mutilation cases that... More >>
1 day ago February 12, 2016 Feb 12, 2016 Friday, February 12 2016 Friday, February 12, 2016 2:31:00 PM CST in News
JEFFERSON CITY — Capital Region Medical Center and the Jefferson City Medical Group have teamed up for a new pain... More >>
1 day ago February 12, 2016 Feb 12, 2016 Friday, February 12 2016 Friday, February 12, 2016 12:22:38 PM CST in News
SPRINGFIELD (AP) — A Springfield man has been charged with assaulting a woman on the Missouri State University campus and... More >>
1 day ago February 12, 2016 Feb 12, 2016 Friday, February 12 2016 Friday, February 12, 2016 12:00:00 PM CST in News
GRANBY (AP) — Environmental officials say mine waste removal efforts are gearing up in southwest Missouri. Liz Hagenmaier, of... More >>
1 day ago February 12, 2016 Feb 12, 2016 Friday, February 12 2016 Friday, February 12, 2016 11:53:00 AM CST in News
MORGAN COUNTY — A fatal crash on U.S. Highway 50 Thursday morning left a high school student dead with another... More >>
1 day ago February 12, 2016 Feb 12, 2016 Friday, February 12 2016 Friday, February 12, 2016 11:01:56 AM CST in News
KANSAS CITY (AP) — A judge has denied a public vote on a proposed convention hotel in downtown Kansas City.... More >>
1 day ago February 12, 2016 Feb 12, 2016 Friday, February 12 2016 Friday, February 12, 2016 10:24:00 AM CST in News
Interactive Radar Columbia, MO
Broken Clouds 19°
4pm 19°
5pm 19°
6pm 21°
7pm 20°

Select a station to view its upcoming schedule:

Coming Up Next

3:00 pm
USSA Skiing and Snowboarding
4:00 pm
USSA Skiing and Snowboarding
5:00 pm
CIZE IT UP!
3:00 pm
Dog Jack
5:00 pm
Crazy Talk
5:30 pm
Crazy Talk

Tonight's Schedule

7:00 pm
Dateline NBC
9:00 pm
Saturday Night Live
7:00 pm
Family Guy
7:30 pm
Family Guy
8:00 pm
Bob's Burgers
8:30 pm
Bob's Burgers
9:00 pm
KOMU 8 News @ Nine on The CW
9:30 pm
Seinfeld