The Norman Transcript

Local news

October 5, 2012

City is writing economic policy

NORMAN — The Business and Community Affairs Committee explored economic development policies at its meeting Thursday.

Chair Linda Lockett, who represents Ward 7 on the Norman City Council, said she also wants the committee to create a definition of what constitutes economic development.

City staff attorney Kathryn Walker presented information on the policies and funding mechanisms of other communities similar to Norman, such as Denton, Texas, Columbia, Mo., and Lawrence, Kan.

The creation of a Norman Economic Development Authority was approved in May and a draft ordinance creating an advisory board was presented to the Business and Community Affairs Committee in July. Because it was decided that members of the city council would serve on the NEDA, the advisory board is a way to include local professionals with expertise in business and economic development in a consulting capacity to council members.

In August, the current tools available for economic development were discussed. In September, research into policies from other cities began. The evaluation of components for Norman’s policies and goals will continue through November, with a draft of policy statement expected in December.

Council member Tom Kovach expressed concern about incentivizing a business to bring jobs here and then, 10 years later, that company may leave.

Don Wood, Norman Economic Development Coalition executive director, said performance reviews and penalties would not extend beyond a decade, but that isn’t a problem.

“A company comes here to find the trained work force. They become embedded in the community,” Wood said.

But while it is useful to look at the types of incentives other towns in other states use, Wood was concerned that the tax incentives in other states may not apply here.

He pointed out that property taxes in Texas fund cities to a larger degree, while in Oklahoma, property taxes primarily affect schools.

Text Only | Photo Reprints
Local news
  • Norman library to host community dialogue about fracking

    Are Oklahoma oil companies an oligarchy that is controlling state policy? Is fracking safe? These and other topics will be the subject of an upcoming Fracking Forum from 7 to 8:30 p.m. Aug. 11 in the Norman Public Library’s Lowry Room, 225 ...

    July 24, 2014

  • Ride CART fare free on Ozone Alert Day

    Environmental officials have declared today as an Ozone Alert Day. Passengers ride fare free on Cleveland Area Rapid Transit on Ozone Alert Days....

    July 24, 2014

  • Medical examiner says inmate died of an accidental drug overdose

    The Oklahoma Medical Examiner’s Office on Wednesday said a woman found dead in the Cleveland County jail Feb. 23 died of a drug overdose....

    July 24, 2014

  • Information scarce on ‘dark money’ group in Oklahoma superintendent campaign

    An independent expenditure group that paid for television advertisements opposing State Superintendent Janet Barresi in last month’s primary has not filed required spending reports with the Oklahoma Ethics Commission....

    July 24, 2014

  • Man injured in motorcycle wreck ID’d

    Norman police identified a man transported to Norman Regional Hospital’s emergency room after a two-vehicle collision involving a motorcycle and a car Wednesday....

    July 24, 2014

  • Wine, Organ and Compline at St. Thomas More

    St. Thomas More University Parish, 100 Stinson St., is hosting the Wine, Organ and Compline at 7 p.m. today. The series will begin with a wine and cheese gathering in the atrium, followed by an organ recital presented by guest organist ...

    July 24, 2014

  • Felonies filed

    The following persons were charged with felony counts in the Cleveland County Court Clerk’s Office: · Kenneth Leo Turk, 64, aggravated count of driving a motor vehicle under the influence of alcohol · Kelly Revonn Turner, 21, ...

    July 24, 2014

  • First Junior Police Academy class graduates

    The Norman Police Department will host a graduation ceremony for its first Norman Junior Police Academy class today....

    July 24, 2014

  • More than 700 to receive clothing, school supplies

    OKLAHOMA CITY — Citizens Caring for Children will host a two-day Back-to-School shopping event for school-aged children in foster care living in Oklahoma, Canadian, Cleveland, Grady, Lincoln, Logan and Pottawatomie counties....

    July 24, 2014

  • Police log

    Police responded to the following incidents Tuesday: · 2:36 a.m. assault report, 700 block of Stinson Street · 7:32 a.m. larceny report, 5400 block of Huettner Drive · 8:30 a.m. larceny report, 800 block of North ...

    July 24, 2014