The Norman Transcript

Local news

November 4, 2012

Norman refines economic policy

NORMAN — Norman is redefining itself as a more business friendly community.

The Norman City Council is currently finalizing details of an economic development policy to clearly establish Norman’s mission and goals for economic development within the city.

All city council members agree, any use of public money whether its in the form of a tax rebate or building roads, requires a business plan, eligibility criteria and clawbacks — a monetary payback agreement — to protect the public interest.

Exactly how that comes about remains a matter of debate, but a consensus agreement is coming closer. Once that consensus is reached, the policy will go before the city council for a formal vote to adopt it.

Council member Greg Jungman wants specific language about clawbacks outlined in the policy.

Others say policy is not the place to outline specific details and that project proposals will have to be dealt with on an individual basis.

When a project comes forward, the Norman Economic Advisory Board will vet the project and make recommendations. Then NEDA, the trust authority comprised of city council members who are elected by the public and accountable to the public, must again look at the project. Further, all projects will ultimately come before the city council in a public forum before the city signs off on any deals.

Criteria include quality jobs creation with a threshold at or above average county wages.

“I don’t want giving money up front to be our primary goal,” said Council member Linda Lockett.

Lockett chairs the Business and Community Affairs committee which is currently working on the development of the policy.

“Our goal is to use this set of tools,” Lockett said. “And many of them aren’t necessarily where you would require clawbacks.”

Lockett said locking down details too tightly now, would prevent anything from ever coming forward.

Text Only | Photo Reprints
Local news
  • Nova Pettigrew Music community bands together to raise money for 2-year-old’s battle with rare form of cancer

    Two-year old Nova Pettigrew was diagnosed with a rare form of cancer six weeks ago. Her father, former Deli sound technician and musician James Pettigrew, noticed something was wrong when running turned to walking, then limping, then ...

    July 31, 2014 1 Photo

  • Coaches Luncheon Mixon question off-limits at coaches luncheon

    Toby Rowland addressed the elephant in the room even before Oklahoma football coach Bob Stoops, defensive coordinator Mike Stoops and offensive coordinator Josh Heupel arrived Wednesday at Journey Church....

    July 31, 2014 1 Photo

  • Mixon will not participate in practice

    Preseason practice begins for Oklahoma today. Freshman running back Joe Mixon will not be there. The school announced the decision Wednesday night....

    July 31, 2014

  • Sales tax-free weekend set to begin this weekend

    When stores open Friday morning, shoppers may be waiting. Oklahoma’s annual sales tax holiday is slated to run this weekend with the special exemption beginning at 12:01 a.m. on Friday and ending at midnight on Sunday....

    July 31, 2014

  • Deputies cleared, return to work

    Two deputies involved in a deadly shooting earlier this month are expected to return to work today after being cleared by the Cleveland County District Attorney’s Office. “They (the Sheriff’s Office) gave me their investigation, I ...

    July 31, 2014

  • Felonies filed

    The following people were charged with felony counts in the Cleveland County Court Clerk’s Office: · Randall Lee Sherrill, 34, possession of juvenile pornography · Dewey Leon Kinsey, 37, possession of controlled dangerous ...

    July 31, 2014

  • Police log

    Police responded to the following incidents Tuesday: · 12:14 a.m. burglary report, 3000 block of Pheasant Run Road · 5:58 a.m. larceny report, 3900 block of Journey Parkway · 6:52 a.m. larceny report, 2600 block of ...

    July 31, 2014

  • Candle ruled as cause of house fire

    Slaughterville Fire Department extinguished a structure fire seconds after responding to the call around 2:50 p.m. Wednesday at 10701 Maguire Road....

    July 31, 2014

  • Sam Noble museum welcomes Oklahoma Storytellers

    From Sept. 19-21, Sam Noble Oklahoma Museum of Natural History visitors can share their museum experiences with StoryCorps, an independent nonprofit organization dedicated to recording, preserving and sharing stories of people from all ...

    July 31, 2014

  • Nova Pettigrew Deli plans benefit Thursday night for young cancer patient

    Two-year old Nova Pettigrew was diagnosed with a rare form of cancer six weeks ago. Her father, former Deli sound technician and musician James Pettigrew, noticed something was wrong when running turned to walking, then limping, then crawling.
    Pettigrew had never heard of RMS, a rare form of cancer that affects nerves and has hampered Nova’s ability to move, but almost immediately, when doctors at OU Children’s Hospital started intense rounds of chemo, he quit his job to be by his daughter’s side.

    July 30, 2014 1 Photo