THE JOURNAL RECORD

Resource for Oklahoma that specializes in business, legislative, and legal-related information sources. It gives daily updates and opinion on real estate, energy, finance, capitol, and law.

Articles from December 13, 2010

Cities Turn to PILOTs for Revenue
With many cities and towns across the country struggling to balance budgets and maintain services, the push to generate revenue from unlikely sources has taken a new turn.Called payments in lieu of taxes - PILOT, for short - the payments are negotiated...
Clean Global Energy Seeks Plant near Poteau
An Australian energy company plans to build a $140 million to $150 million underground coal gasification plant near Poteau and sell coal gas to the nearby AES Shady Point LLC coal-fired power plant.Sydney-based Clean Global Energy Ltd. wants to build...
Former Quest Companies CFO David E. Grose Ordered to Jail Early by Federal Judge
A U.S. District Court judge has ordered former Quest companies Chief Financial Officer David E. Grose to begin his 16-year prison sentence a month early after he allegedly tried to avoid paying $1 million in restitution by transferring assets to his...
Journal Record Business Briefs: December 13, 2010
Remington Park handle increases sharplyOKLAHOMA CITY - Total wagering for the first thoroughbred season for Remington Park under first-year owners Global Gaming Solutions increased 48.3 percent to $54.2 million.The daily average was $808,645.Much of...
Making Warm Memories: OKC's Downtown in December Brighter Than Ever
As holidays go, Christmas offers the most ways to celebrate.Downtown in December is providing Oklahomans with plenty of options to do that. Downtown in December, presented by the Downtown Oklahoma City Business Improvement District, is in its ninth year...
OKC-Based KOCO-TV: Fee Negotiations Put Its DirecTV Content at Risk
Failed negotiations for fees related to the retransmission of television shows could lead to KOCO-TV Channel 5 withholding its content from DirecTV satellite system, company officials said Monday."We believe that we and Brent Hensleycan conclude our...
OKC Events: December 13, 2010
Hallelujah flash mobIf you weren't at Quail Springs Mall at noon Saturday, you may have been the only person missing. The parking lot was absolutely jammed (I had to park across the street behind a restaurant). The mall was unusually crowded and the...
Oklahoma Alcoholic Beverage Report: Dec. 13, 2010
LicensesOKLAHOMA CITY (JR) - The Oklahoma Alcoholic Beverage Laws Enforcement Commission Licensing Division has issued five mixed- beverage licenses.Receiving mixed-beverage licenses are:Outlaws, 501 S. Washington St., Stillwater, Outlaws LLC.Ole Memorial...
Oklahoma Groups Seeking Federal Funds for Community Health Centers Face Challenges
By 7 p.m. Wednesday, 13 groups across Oklahoma hoping to start federally qualified community health centers or open satellite clinics will both breathe a sigh of relief and start holding their breath.Wednesday is the deadline to submit a 200-page application...
Oklahomans on the Move: Dec. 13, 2010
The Journal RecordTobin Lucas has been named assistant real estate editor for The Journal Record. He has previously worked in the nonprofit sector as a lodge monitor for a homeless shelter and as a lifeguard. He is currently studying petroleum engineering...
Oklahoma Tourist Guide Promotes Indian Attractions
The Oklahoma Department of Tourism has developed a new travel guide promoting American Indian attractions statewide and tribal profiles.The Oklahoma Indian Country Guide includes information about tribal museums, historic sites and art galleries operated...
Plotting a Steady Course: Loan Activity for Oklahoma Entrepreneurs on the Rise
Morgan Harris had a healthy concern about starting up a new retail business in a down economy, but she wasn't overly worried, even with the new debt of a seven-year business loan from a local bank through the Oklahoma Small Business Development Center.The...
Poor Man's Street Ride: Broken Arrow Entrepreneur's Latest Venture off to Good Start
Rat rods are a phenomenon exploding in the antique car and truck world, said Michael Jones, owner of Gasoline Alley Classics in Broken Arrow."Rat rods" is the name for the original hot-rod-style vehicles of the early 1950s."The term is used to describe...
The Journal Record Money Movers: December 13, 2010
BancFirst completes Bancshares purchaseBancFirst Corp. has completed the purchase of Exchange Bancshares of Moore and its subsidiary bank, Exchange National Bank of Moore.Exchange National Bank of Moore has $146 million in assets, $57 million in loans,...
Univ. of Oklahoma Professor Selected as a 2011 American Marshall Memorial Fellow
University of Oklahoma faculty member Marcia Chatelain is the only Oklahoman to be selected as a 2011 American Marshall Memorial Fellow.Chatelain, an assistant professor of African-American studies in the Joe C. and Carole Kerr McClendon Honors College,...
Wall Street Moves Higher
The congressional tax deal and a slew of economic news led to a broad rally as the trading session ended Friday. The S&P 500 Index closed at a trio of new highs for the year as the week came to an end. The U.S. trade deficit fell to its lowest level...
Water on Burner for Oklahoma Lawmakers
Even though the beginning of the 2011 legislative session is still several weeks away, state lawmakers have already started filing legislation for next year.With the deadline to file bills and resolutions set for Jan. 20, a handful of measures have already...