Ponca City Development Authority (PCDA) Receives Two Excellence in Economic Development Awards from the International Economic Development Council
Ponca City Development Authority (PCDA) received two Silver Excellence in Economic Development Awards for its 2015 project in the categories of Sustainable & Green Development and Business & Retention Programs for communities with populations of 25,000-200,000 from the International Economic Development Council (IEDC).
The honor was presented at an awards ceremony on Tuesday, October 6th, during the 2015 IEDC Annual Conference, which was held October 4-7, in Anchorage, Alaska.
“From localized community projects, to large scale endeavors, economic development efforts have played a vital role in the global economy,” said JoAnn Crary, CEcD, Chair of the International Economic Development Council and President of Saginaw Future Inc. “As we address new and longstanding challenges, these efforts continue to take on even greater importance. The award serves as a salute to pacesetting organizations like The Ponca City Development Authority (PCDA) for leading the charge.”
The Lighten the Load Project is a lighting upgrade project for local Ponca City industries to participate in upgrading old T-12 florescent, high pressure sodium or metal halide lighting to the newest T-8, T-5 fluorescent and LED technology. These upgrades have saved as much as sixty five percent on lighting energy usage. Each participating company in this program is given a free lighting audit to assess usage and lighting needs. After the audit, a presentation to the company includes lighting schematics, energy rebates being offered by the City of Ponca City and Oklahoma Municipal Power Authority (OMPA) for energy reduction and total cost of the project for the company. If the company does not have the upfront capital for the project, a local bank offers project loans based on the future energy savings as collateral. These lighting updates, to date, have cut six million Kilowatt hours and saved our companies over $500,000 in utility costs.
Recipients of IEDC’s Excellence in Economic Development Awards demonstrate to an experienced panel of judges that they are at the forefront of the economic development profession. They are recognized as the world’s best economic development programs and partnerships, marketing materials, and the year’s most influential leaders. These awards honor organizations and individuals for their efforts in creating positive change in urban, suburban, and rural communities.
About the International Economic Development Council
The International Economic Development Council (IEDC) is a non-profit membership organization serving economic developers. With more than 4,600 members, IEDC is the largest organization of its kind. Economic developers promote economic well-being and quality of life for their communities, by creating, retaining and expanding jobs that facilitate growth, enhance wealth and provide a stable tax base. From public to private, rural to urban, and local to international, IEDC’s members are engaged in the full range of economic development experience. Given the breadth of economic development work, our members are employed in a wide variety of settings including local, state, provincial and federal governments, public private partnerships, chambers of commerce, universities and a variety of other institutions. When we succeed, our members create high-quality jobs, develop vibrant communities, and improve the quality of life in their regions. www.iedconline.org.
About Ponca City Development Authority
PCDA is a public trust funded by a half cent sales tax and responsible for business retention and expansion, workforce and new business recruitment and development, small business programming and support as well as sustainable practices to promote cost and energy efficiency for Ponca City.
PCDA is one of the most highly recognized economic programs in the State of Oklahoma. In 2008, the organization received the economic development project of the year from the IEDC for the OSU- UML. Ponca City has also received national and international awards as having the finest business retention and expansion program for industry and manufacturing.
Ranked as the best performing economic development program in the state of Oklahoma in 2010 by Site Selection magazine, Ponca City has also been named as a top ten best small cities in America for business in 2012 and received the Bellmon Award for Sustainable Economic Growth in 2014. For more information about the Lighten the Load program or any PCDA program, please contact David Myers, Executive Director or Laurence Beliel, Director of Business Retention & Expansion at 580-765-7070.
Pictured left to right are: JoAnn Crary, Chair of the IEDC Board of Directors; Laurence Beliel, PCDA Director of Business Retention & Expansion; David Myers, PCDA Executive Director and Karen Dickson, Chair of the IEDC Awards Committee.