Business & Community Affairs Committee, 2/5/26

The City of Norman's Business & Community Affairs Committee convened on February 5, 2026, to discuss future funding strategies for local economic development following the decision not to renew the contract with the Cleveland County Economic Development Coalition (CCEDC). The committee explored options for reallocating the funds previously dedicated to CCEDC, including the potential creation of one or two new city positions focused on economic development, such as development liaisons or coordinators to support local business growth, infill projects, and downtown transformation. Salary estimates for these roles ranged from approximately $70,000 to $120,000, with additional consideration for an intern position to support these efforts. The discussion also touched on leveraging existing partnerships, pursuing federal grants (including a potential $25 million grant for acquiring the former mental health campus), and enhancing coordination with local developers and small businesses. No formal motions or votes were recorded, but the committee agreed to further study the proposal as part of upcoming budget sessions, emphasizing a phased approach to staffing and economic development initiatives.