In The Media

Tulsa Metro Chamber endorses City streets plan

(TULSA, Okla.)— The Tulsa Metro Chamber announced today its endorsement of the City of Tulsa's five-year streets plan to fund critical improvements to the city's transportation infrastructure.

The citizens of Tulsa will vote Tuesday, November 4 on a streets improvement package, which includes a general obligation bond issue of $285 million and extension of two sales taxes for total revenue of $451.628 million. Voters are urged to vote yes on both propositions.

For 105 years, the Chamber has served as the leading advocate for regional economic and community development including many initiatives to create or improve infrastructure, to recruit or generate new jobs, and to provide regional amenities which positively impact the citizen's quality of life.

"Transportation infrastructure is an essential element of the region's economic development strategy to attract and retain businesses," said Stan Lybarger, chairman of the Chamber's Board of Directors and president and chief executive officer of the Bank of Oklahoma.

"The endorsement is a result of a comprehensive process by the Chamber's streets task force which thoroughly reviewed and ultimately supported the five-year plan," Lybarger said.

The Chamber's endorsement of the five-year plan ensures the organization will advocate the plan to its 3,000 member organizations and their 175,000 employees—comprised primarily of the area's small businesses and largest corporations. The Chamber will also raise the funds necessary to underwrite the "Fix our Streets" campaign.

"This vote marks a very critical time in our community. The Chamber's support of the five-year streets plan is the result of a united front of business leaders, city leaders and citizens to address one of Tulsa's most critical needs," Lybarger said. "It will need unified leadership from the Mayor and the City Council to see through its passage."

"This is an investment in the community by citizens and property owners—including businesses," said Mike Neal, the Chamber's president and CEO. "The return on investment is an increase in property values and a quality transportation infrastructure to entice more businesses and new workers to choose Tulsa. We urge voters to go to the polls on Nov. 4 and vote yes on both propositions."