Seminar to Highlight Impact of Economic Development Act

Article excerpt

"Dialogue '87," a seminar highlighting the business implications of the Oklahoma Economic Development Act of 1987, will be held Oct. 30 at the Skirvin Plaza Hotel, sponsored by the Oklahoma Department of Commerce, Bank of Oklahoma, Price Waterhouse and the Andrews Davis law firm.

The seminar is tailored to answer questions by investment banking, financial service and venture capital firms, bond counsels and other public and private agencies and groups involved in economic development.

The seminar will begin at 8 a.m. and continue until 4:30 p.m. An overview and background of the new law will be given by state legislators attending the seminar, while officials with the commerce department are slated to explain the structure and implementation of the provisions of the act.

In addition, Gov. Henry Bellmon and The Journal Record publisher Dan Hogan, who co-chair Oklahoma Futures - a public/private entity established to oversee the new law - are scheduled to give a joint address at the noon luncheon during the session.

After the luncheon, three different panels will meet for discussion of the issues of credit enhancement, tax incentives and capital formation and bond financing.

The economic development act provides for funding of basic and advanced scientific and health research, mezzanine financing to help fund business in the state and strategic planning for Oklahoma's economic progress.

Deadline for registration for the seminar is Oct. 26. Those wishing to attend may contact the Oklahoma Department of Commerce . .

Tourism Conference Slated The 16th Annual Governor's Conference on Tourism and Recreation will be held Nov. 16-18 at the Sheraton Kensington Hotel in Tulsa.

According to Eugene Dilbeck, director of marketing services for the tourism department, a $150,000 study of Oklahoma's total tourism and recreation package, conducted by Price Waterhouse, will be released during the conference.

"This is a straight-forward report which has been five months in the making," Dilbeck said. "It will bring Oklahoma into a position of being competitive with other states."

In conjunction with the conference, the First Oklahoma Travel Industry Association United Dinner will be held Nov. 17. The dinner event is designed to showcase the variety of businesses effected by travel and tourism, as well as be an opportunity for individuals in the tourist-related industries to get together. …