By Carol Cole
The Norman Transcript
Gone was the acrimony. Gone was the backbiting.
Instead there were nine Norman city councilmembers working
urgently together with city staff at a retreat Tuesday to put the
city on the fast track on implementing its $54.7 million University
North Park Tax Increment Financing District project plan.
Council approved the TIF District No. 2 May 23.
A little extra motivation was recently thrown in the mix, with
hotel developer John Q. Hammons' desire to break ground on his $35
million, 10-story Embassy Suites hotel on October instead of the
march 2007 date previously discussed.
"What I want to do is set the framework," said City Manager Brad
Gambill. "And I want your guidance for staff. ... When we leave her
tonight, we want to go to the starting line. And that's what it's
going to take."
Council tackled potential timelines and priority of work for the
district east of the Interstate 35 between Tecumseh Road and
Robinson Street.
At the top of the "to do" list is creating a master operating
agreement.
Planning Director Richard Massie said three things need to go on
simultaneously.
First, council needs to work with staff and the developer and the
University of Oklahoma Foundation
The developer needs to prepare lots of plans for
infrastructure. And thirdly, the city's review process needs
to be worked through with a date of Aug. 14 for building
plans.
"That's the last date we can have filed with the city the
application for revision of the Planned Unit Development, a revised
preliminary plat, the updated traffic impact analysis, which is a
major, major effort on their part," Massie said.
He said there are many pieces of the puzzle to put together to
make it happen.
"It is a work in progress," he said.
The developer reportedly had firmed up a site with Hammons for the
hotel and conference center.
The city would need to have a final plat in hand by Sept. 11.
Planning Commission would meet and determine whether to give its
recommendation Sept. 14, with council's first reading on Sept. 26.
The second reading by council would be Oct. 10.
"If all that can occur, in theory, they could start construction
on Oct. 13," Massie said.
He said he expected building of the hotel is a "fairly
standardized process" for Hammons, and he expected few problems
there.
Hammons would also construct the conference center, with $15
million in funding from the TIF District and $5 million of his
money. When he announced the deal, he said he would pay for any
overages in construction costs.
City staff said they would work on also bringing forth an
operating agreement.
Throughout the process, the Foundation's architectural committee
will also be reviewing plans.
"This is not a rubber stamp group," said Massie of committee
members who include local architects Bob Goins, Rick McKinney and
others.
The University North Park development was presented this week at
the International Council of Shopping Centers annual meeting in Las
Vegas, Nev., causing lots of synergy for the project, Massie said.
He said developers are excited about prospects of potential
retailers perhaps moving up their timetable for the
development.
The only real problem for the city is how rapidly their various
projects financed by the TIF District No.2 can be completed.
"That's one problem that might create, when you compress that
schedule," he said.
"There is not, at that early date, a revenue stream."
Massie said he planned to do the inspections with his own staff,
with perhaps the exception of the concrete inspections.
Four elements could be coming forward at close to the same time,
Gamibll said. Those would include the master operating agreement,
conference center agreements and plans for Legacy Park.
The OU Foundation has said it would guarantee bonds for the road
improvements.
City Finance Director Anthony Francisco said the priority of work
is "a very dynamic thing," but city staff had determined the order
of how things should have gotten compressed.
"That is both scary, overwhelming, intimidating, but also very
exciting," Francisco said. "And all this stuff can happen in a
relatively short period of time. ... In order to make this happen,
we are going to have to work well together. We are going to have to
trust each other individually and collectively. What you
cannot let happen is for this opportunity to go away, for this
opportunity to get lost. Or this opportunity to happen without the
proper controls in place."
Francisco said to think of the master operating agreement as the
TIF's Constitution.
Councilmembers said they favored creating a new public trust that
would just deal with TIF funds, instead of using an existing trust
like the Municipal Authority.
They discussed the makeup of the TIF oversight committee, which
will oversee expenditures of the district. Decisions on the
committee will be discussed further.



