Friday, March 23, 2018

The connection between the original UNP development and the proposed development for the north is important.

Some interesting developments. (See Minutes from TIF #2 Oversight Committee, 2/20/2018)

1.  Carmax to move into the UNP North area.  Agreed upon by Target Corpoation, UNP, LLC, the developer of the sought half; and UTC, LLC, the developer for the North half of the University North Park development. Car dealerships were restricted in certain areas but not the whole development.

2. Terra Apartments should be open for occupancy over the next month. They, in fact, are. https://www.apartments.com/terra-at-university-north-park-norman-ok/0k2xqr2/

3. 16 businesses have closed during the tenure of the TIF.  Chair Walden claims this is a good track record. [Is it? Is this better than the rest of Norman?]

Things coming forward:

Resolution to use the $8.75 million in the TIF #2 fund for cultural center for senior and cultural center to be located roughly near the YMCA and 2 other new Norman Forward projects.  This will be discussed 3/27/18 TIF #2 Oversight Committee. Council already approved the resolution. It needs to move to the TIF Review committee now. [But maybe it does not if it falls within the minor change category.]

The City Manager, Steve Lewis, continues to allow the use of the City Logo on a PR page for the arena-entertainment district facebook page.  Council has done nothing to stop this.






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