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Page Brothers Presented Key To The City: On December 10th, 2024, during the City of Lake Ozark's Board of Aldermen meeting, Mayor Newberry presented keys to the city to two of Lake Ozark's most influential business leaders. Joe and Mike Page, surrounded by dozens of friends, family, and community members, received this honor in recognition of their nearly five-decade investment in Lake Ozark and their unwavering commitment to its growth and development. The Page brothers' journey began in 1976 when they founded the Leather Man on the Historic Bagnell Dam Strip. Joe, having moved to the lake immediately after graduating from Truman State University, established roots in the community, with Mike following as a permanent resident the following decade. Over the years, their entrepreneurial spirit led them to establish and acquire numerous businesses along the Strip. Today, they continue to own and operate several landmark establishments including Leatherman, Dogpatch, Dogpatch Arcade, and Summer USA, while their past ventures included popular spots like Disco Inferno, Grandma's Candy Kitchen, and Good Time Charlie's. As founding members of the Bagnell Dam Strip Association, both brothers have been instrumental in creating and supporting special events that have become staples of the community. Mike's contributions earned him the Lake of the Ozarks Convention and Visitor Bureau's Partner in Tourism Award and the Lake Area Chamber of Commerce Distinguished Citizen recognition. Joe served on the Lake Ozark Board of Aldermen from 1983 to 1985, first filling a vacancy before winning re-election. He notably became both the first and last paying customer on the Community Bridge, while Mike served on its Board of Directors for several years. "Though a small gesture compared to the impact of their decades of investment and service in our community, we are gracious to present this award to the Page Brothers with all of their supporters present tonight," Mayor Newberry stated. "While we enjoy celebrating the rich history of your impact on our community, we are even more excited to see the future of our city that was made possible by your ongoing contributions and leadership." Pictured, left to right: Ward II Alderman Johnnie Franzeskos, Ward I Alderman Pat Thompson, Ward III Alderman David Ridgely, Mayor Dennis Newberry, Joe Page, Mike Page, Ward III Alderman Carol Denny, Ward I Alderman Judy Neels, and City Administrator Harrison Fry

TEST TW WEATHER

Posted on by dan

TDD would help fund street improvements

Progress is slow sometimes, and the path to improve the city’s 90 miles of streets is moving forward.

That was the scenario presented to Lake Ozark Board of Aldermen during a recent workshop.

Lake Ozark voters approved two ballot issues in June 2020 that will help fund the street construction projects: 

One was a Use Tax on the purchase of items online. Previously, online sales tax collected from various vendors remained with the Department of Revenue. Now, those sales tax funds will be distributed to a special City of Lake Ozark Transportation Fund from which debt incurred will be paid.

The other issue was granting the city the authority – with board of aldermen approval – to borrow up to $6 million over the next several years to pay for the street improvement projects affecting the 90 miles of city streets. 

Now, the third phase of the transportation plan – formation of a Transportation Development District — is moving forward. The TDD would collect a small sales tax and would oversee improvements to Bagnell Dam Blvd.

The board of aldermen earlier this year endorsed formation of a TDD which would be an independent authority to collect up to ¾ of a cent additional sales tax from businesses within the TDD boundaries. Those funds, along with Use Tax funds and other possible sources, would help pay off construction debt on Bagnell Dam Blvd. improvements. 

Preliminary estimates are that as much as $275,000 could be collected annually, which would be earmarked for street improvements and maintenance. 

City Attorney Christopher Rohrer updated the board of aldermen on the TDD progress during the workshop.

He said the petition for TDD formation is now before the Circuit Court, which is part of the state-mandated process. The Missouri Highways and Transportation Commission also must review and sign off on the petition. 

Rohrer said he hopes the TDD issue will be ready for vote by mail in August or September. Only registered voters within the TDD boundaries would be eligible to vote. 

While the TDD commission would be independent of the city of Lake Ozark, it would include a representative from the city of Lake Ozark. The commission would be subject to the state’s open records laws. 

City Administrator Dave Van Dee reminded the board that voters approved the Use Tax and authorized debt for the construction, but the city still has to find ways to pay for the debt. The Use Tax, which only recently went into effect, has generated about $18,000. If that trend continues, the Use Tax could generate between $130,000 and $150,000 a year – again, all earmarked for street improvements.

Van Dee reminded board members that there are four components to funding the estimated $6 million cost to fix the streets. Cost for upgrading Bagnell Dam Blvd. from Quality Inn to Bagnell Dam is estimated at $3 million alone.

•The Use Tax (approved by voters in June 2020).

•Debt Authorization (approved by voters in June 2020).

•Formation of the Transportation Development District (anticipated late summer, early fall).

•Possible slight increase in property tax that would help fund the remaining street projects.

“If you want the roads to be done, we can either do a halfway job or do it right,” Van Dee said. “If we’re going to do it right, it takes time and planning.”