Phelps County questions EEZ's success

4 years 7 months 3 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
Embed Code Copied

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 – Missouri is the only state without a prescription drug-monitoring program in place, but officials in Columbia are hoping... More >>
10 hours ago January 20, 2017 Jan 20, 2017 Friday, January 20 2017 Friday, January 20, 2017 6:34:00 PM CST in News
COLUMBIA - At their Jan. 10 Court en Banc meeting, the judges of the 13th Judicial Circuit elected their new... More >>
11 hours ago January 20, 2017 Jan 20, 2017 Friday, January 20 2017 Friday, January 20, 2017 5:39:00 PM CST in News
COLUMBIA - A Columbia man has pled guilty Friday to three counts of sexual exploitation of a minor, one count... More >>
12 hours ago January 20, 2017 Jan 20, 2017 Friday, January 20 2017 Friday, January 20, 2017 4:43:00 PM CST in Top Stories
UNION, Mo. (AP) — Authorities in eastern Missouri are investigating after a body was found in a river. The... More >>
13 hours ago January 20, 2017 Jan 20, 2017 Friday, January 20 2017 Friday, January 20, 2017 3:55:00 PM CST in News
COLUMBIA - All across the country televisions were set to the presidential inauguration to see Donald Trump take office. Craig... More >>
13 hours ago January 20, 2017 Jan 20, 2017 Friday, January 20 2017 Friday, January 20, 2017 3:20:00 PM CST in News
KANSAS CITY, Mo. (AP) — Authorities are investigating the case of a 53-year-old woman who died while detained in a... More >>
13 hours ago January 20, 2017 Jan 20, 2017 Friday, January 20 2017 Friday, January 20, 2017 3:18:00 PM CST in News
COLUMBIA - Students and representatives from more than 15 local organizations gathered at the University of Missouri Friday for a... More >>
13 hours ago January 20, 2017 Jan 20, 2017 Friday, January 20 2017 Friday, January 20, 2017 3:04:00 PM CST in News
TROY, Mo. (AP) — An eastern Missouri woman has been placed on probation for helping stage her son's fake kidnapping... More >>
14 hours ago January 20, 2017 Jan 20, 2017 Friday, January 20 2017 Friday, January 20, 2017 2:46:00 PM CST in News
COLUMBIA - One of Columbia's most-traveled roads, Business Loop 70, is set to go through a beautification process. Before... More >>
15 hours ago January 20, 2017 Jan 20, 2017 Friday, January 20 2017 Friday, January 20, 2017 1:40:00 PM CST in News
BRANSON, Mo. (AP) — A concrete truck driver has been charged in a deadly crash about a mile east of... More >>
17 hours ago January 20, 2017 Jan 20, 2017 Friday, January 20 2017 Friday, January 20, 2017 11:23:55 AM CST in News
ST. LOUIS (AP) — The FBI is investigating after hackers blocked the St. Louis Public Library's server. The... More >>
19 hours ago January 20, 2017 Jan 20, 2017 Friday, January 20 2017 Friday, January 20, 2017 9:34:02 AM CST in News
COLUMBIA - Police are investigating an attempted armed robbery at the Eagle Stop gas station on Providence Road at I-70.... More >>
19 hours ago January 20, 2017 Jan 20, 2017 Friday, January 20 2017 Friday, January 20, 2017 9:18:00 AM CST in News
KINLOCH (AP) — A 17-year-old St. Louis County resident is charged with first-degree murder and other crimes in the July... More >>
19 hours ago January 20, 2017 Jan 20, 2017 Friday, January 20 2017 Friday, January 20, 2017 9:00:02 AM CST in News
ST. LOUIS (AP) — A woman who aids breast cancer survivors in the St. Louis area by creating tattoos of... More >>
20 hours ago January 20, 2017 Jan 20, 2017 Friday, January 20 2017 Friday, January 20, 2017 8:11:00 AM CST in News
INDEPENDENCE (AP) — Authorities say a Kansas City man has been charged in the 2013 death of a 22-year-old man... More >>
22 hours ago January 20, 2017 Jan 20, 2017 Friday, January 20 2017 Friday, January 20, 2017 6:53:22 AM CST in News
COLUMBIA – On Friday, president-elect Donald Trump will officially take the oath of office in Washington D.C. for President of... More >>
1 day ago January 19, 2017 Jan 19, 2017 Thursday, January 19 2017 Thursday, January 19, 2017 9:58:00 PM CST in News
COLUMBIA - The U.S. Department of Agriculture released a new set of regulations on Wednesday that clarifies standards for living... More >>
1 day ago January 19, 2017 Jan 19, 2017 Thursday, January 19 2017 Thursday, January 19, 2017 6:49:00 PM CST in News
COLUMBIA - The Columbia/Boone County Health and Human Services Department tracked a decrease in mumps cases reports when MU students... More >>
1 day ago January 19, 2017 Jan 19, 2017 Thursday, January 19 2017 Thursday, January 19, 2017 6:42:00 PM CST in News
Columbia, MO
Broken Clouds 50°
5am 47°
6am 47°
7am 46°
8am 46°

Select a station to view its upcoming schedule:

Coming Up Next

4:30a
This Week in Mizzou Basketball
5:00a
Huntline TV
5:30a
On the Money
4:30a
Paid Program
5:00a
Paid Program
5:30a
Paid Program

Tonight's Schedule

7:00p
Figure Skating
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