0:00Welcome to the City Council Oversight Committee meeting for Thursday, January 8th.
0:06I have a hard stop at 5 15.
0:09And I would like to remind everybody to not speak unless you're recognized.
0:13And we're gonna keep it a tight schedule.
0:15First on the agenda is discussion regarding amendments to the A Norman Agricultural Residential and Urban Reserve Language.
0:23And sorry, uh Laura Hoggett with the planning department.
0:27We're gonna do items one and two together, if that's okay.
0:31Do you need to read it or is it?
0:33And then we'll discuss regarding updating the AIM Norman map to include the new term pike alignment as announced by the Oklahoma Turnpike Authority.
0:43So uh we were approached by council to look at um some amendments to the AIM language in um the urban reserve category.
0:53Um since AIM's adoption, the 30-acre requirement has kind of been a contentious topic.
1:01So um after adoption, I think a lot of people started to realize oh, we've had this land for a long time, we thought we could subdivide it into 10 acres for our kids or what have you, and now they cannot.
1:15So we prepared some uh suggested changes, and we'll just see what you guys think and go from there.
1:23So um, in other areas of the document, there well, I'll back up a little bit.
1:29So in the agricultural residential land use category, hello.
1:36Um there's a minimum lot size of 10 acres, and there is an allowance to go down to two acres if you do a planned unit development where 65% of the total area is reserved as open space, um, and that's termed as cluster development in some other areas.
1:53So we wanted to just have some continuity in the document.
1:56Um, and just to clarify, that's if if you had just to make it easy, math, if you had uh a hundred acres, sixty-five percent of that would have to stay as open space, so 65 acres.
2:09The rest could be developed down to two acre lots.
2:13Um, and then in site design, we thought it would be a little clearer to say when utilizing cluster development drainage waste should be properly buffered.
2:21And there is a key at the bottom.
2:23I should have mentioned that first.
2:24But new text is red and underlined, and then deleted text would be the light gray color.
2:31Um so in urban reserve.
2:34This um we were kind of trying to make sure that the setup like of each um section within urban reserve was the same as other sections.
2:46So we kind of took some language from agricultural residential and moved them over to urban reserve um because they are very similar, but urban reserve has some kind of extra qualifiers to develop.
3:02Um so we just wanted to have the same language in book when talking about minimum lot size of 10 acres and the cluster development.
3:12Um building types, it's all it said was large lot single unit homes.
3:17So we added with the allowance for ADUs because they can do that now, and then um some of the language from AR that says you can have barns, stables, um, and kind of like agricultural uses as well.
3:31So we would be taking out the uh minimum lot size of 30 acres section, and that would be replaced with what we went over before with the 10 acres, and every other section has the minimum lot size in the description and context, so we're just trying to keep them similar.
3:52Um site design 10 acre subdivisions are appropriate, and then uh to keep the terminology the same.
4:01Cluster development should avoid large parcels without access to existing streets and these things.
4:08Um we wanted to have the same drainage wave buffering language as the other sections.
4:17So um we're not talking like septics for cluster developments, they have to be on water and sewer to be developed.
4:26So in the 2045 character area, I'm glad you brought that up.
4:31Um the policies of the 2045 reserve area, you must be contiguous with existing development, and you have to extend services to your property.
4:44So that's in the character area, and the um student committee wanted to do it that way.
4:50So it can't be changed because you can't request to be removed from a character area.
5:04So those are our language changes.
5:06I didn't put every section on the slides because that would be the last.
5:11But um, those are the suggested suggested changes.
5:15Um but it's up to you guys if you want to move forward with it or change anything or not do 10 acres really, whatever.
5:24Council member that far.
5:26So just full disclosure, I was the one that asked for this.
5:28Uh immediately as soon as I took the seat, I was approached by multiple individuals who essentially gave me the same scenario that she brought up, stating that they had oh so many acres, 30, 40, 50 acres, whatever, and they couldn't subdivide it anymore down to 10 acres to give to their children.
5:44And that was the spark behind this 10-acre rule change.
5:50Um were you able to work with the planning department on the what they're presenting today?
5:57I have met with them a few times over the last couple of months to make sure that the language was like the I they had the language part, but the idea was correct on what we were aiming for.
6:06And then for your concerned constituents, um, have you communicated these changes and got any feedback?
6:15This is exactly what they were asking for, though, back to the original 10-acre rule.
6:19And so as long as they could one was specifically he they had 30 acres and they wanted to divide it out between their two sons, and so that was this would meet that, and after today, my goal was to call both of them.
6:36And then on the second item was to update all of the maps and the aim master plans with the current alignment um from OTA.
6:46So they released a new proposed alignment.
6:49I'm not sure if it's final or not, but in September.
6:52So we didn't do every single map because that would be a lot of maps in case we don't change it.
6:59But this is uh an example of what a map would look like.
7:02So this is our land use map.
7:05Is that in the packet?
7:07It was not in the packet, but we just got it today.
7:13But it will be um pushed out now.
7:17Um my other question.
7:18So with the alignment as the term OTA is going to place it.
7:24Does that change anything that AIM had uh considered when so it's all the same densities and yeah, nothing else would change on the land use map because the proposed alignment?
7:38Uh council member Nefar?
7:40I was just wondering uh if they had contacted the city or something else because I've checked their websites and went back over their most recent meeting, uh, which was I want to say Tuesday, and they have not officially decided or started declaring uh taking lands or anything of that sort.
7:56And so the exact alignment is still unknown.
8:00They have a proposed and that's as far as it goes.
8:02Yeah, so we um sorry, I shouldn't mention there's a note under the maps in the plans that says um we will show the most up-to-date information we have from OTA.
8:15So um GIS grabbed what they had on their website as of today.
8:30Oh, Beth would like to council member.
8:35I apologize for coming in late, and because I did, I just wanted to make sure that this was said if it had been mentioned.
8:39It's in your staff reports, but when we're talking about um altering the 30-acre language back to 10, you'll probably remember when we brought the the plan for approval, there were ordinances with it.
8:50And so section 30, one section in uh chapter 30 of our code was changed to implement that 30-acre rule.
8:57It's just a little parenthetical that references 30 acres for the urban reserve land use.
9:02What we would do in order to make that consistent with these is bring that back in an ordinance because that would have to be an ordinance, uh, while the rest of it would be resolution, and we would just strike that parenthetical.
9:17Um so does that kind of cover the both agenda items?
9:27Um are there any other questions about these two?
9:30Okay, well, I guess uh so we wouldn't we see this on uh the agenda for a voting meeting.
9:42Well, I guess I would ask first uh do we want to bring this to full council before we like a study session, please conference, please.
9:50Yeah, I think that would be good.
9:52Um especially since the mayor isn't in here with us.
10:00So I can get with the city clerk and and figure out when we can get it on an agenda, but I just think it would be better if we did that before we took it to planning commission and we would have to advertise and so we might see a study session slash council conference this month and probably the end of this month.
10:14I'll see if we can get on the end of this month.
10:16I don't know what their agenda is at this point.
10:20All right, thank you.
10:34Item number three is a discussion of possible ways to encourage public feedback earlier in the process when creating tax increment finance districts.
10:46Is it I think it's Catherine?
10:48We're gonna grab her real quick.
10:54Yeah, I haven't heard some of them.
11:41We already did one and two.
11:43So I'll Jane and then leave and was like sorry.
11:59We're gonna add a clip here quick.
12:03So the text serves like tell Brenda said I was like, oh yeah, I gotta go.
12:34Just some fun reading material.
12:38I'd like to give you something else to read because we don't have enough.
12:42Um so uh I don't know if you've done any introduction on this item, but uh no, we just got off the agenda item.
12:49Okay, um, so council member Grant and I talked about this um in December, I think, about um the discussion in the community about uh tax increment financing districts and how they get adopted and and how you know sometimes when we get to the end of the process, then you're having your public hearings and all those things, and it's harder to influence the outcome and uh the product.
13:15So, how could we uh talk about involving the public a little more earlier in the process?
13:21Um, so I wanted to talk because we do have several new members.
13:25Um, talk just briefly.
13:27I have a lot of slides, but I'll go through them fast about TIFFs and how they work and why why we can do them.
13:33Um it comes from a constitutional provision which authorized the legislature to adopt laws allowing municipalities to provide incentives, exemptions, or other relief from taxation, but only in certain areas.
13:44Um and then the local development act was adopted in 1992, allowing municipalities to implement this constitutional provision through creation of tax increment finance districts in areas that are unproductive, undeveloped, underdeveloped, or bellight.
14:00Uh this is the purpose of TIST TIFF districts from the Local Development Act.
14:05Um it's a tool to be used in areas where investment development and economic growth are difficult, but could be possible with TIFF assistance.
14:12Uh they're used to generate new employment opportunities, attract investment to areas of need throughout the city.
14:17Uh those three terms they are reinvestment areas, historic preservation areas, and enterprise areas are actually areas that qualify by virtue of that designation for a TIF.
14:28Um, and then to generate new residential and commercial investment that enhances the quality of life, education, and stability.
14:35So a TIFF is is not a new tax, it's essentially taking the growth in taxes in an area and allocating that to particular project costs.
14:44Uh that increment can include ad valorum and or sales tax, and it could include 100%, 50%, 25%, whatever is determined.
15:00So oftentimes you'll see where a TIFF maintains the current funding, so whatever property tax or sales tax is generated already, continues to go to the tax and jurisdictions.
15:08And then that growth might be split where the city retains 50% of the property taxes, which we don't normally retain any any part of two fund project costs, while the 50% of the growth goes to the tax and jurisdictions.
15:23And those percentages vary based on the project and the needs for funding.
15:29So this is kind of how that works.
15:36Your base assessed value, which is that that's what it was generating when the TIFF is created.
15:41The increment is whatever the growth is in that revenue, and that is what's allocated towards project cost.
15:48And at the end of the 25 years, all of those revenues then go back to the normal taxing jurisdictions.
15:55As I said, TIFFs can be used in these three areas.
15:58Those are designated typically by the state, enterprise areas and historic preservation areas.
16:05Reinvestment areas or areas requiring public improvements, and there's some specific criteria there for that.
16:12You go through a process to designate a TIFF district, and this is all set by the Local Development Act.
16:20So as we talk through ways to increase public input, it's not replacing any of this, but it would be supplementing this and adding things to this process.
16:30Typically we will come to council and ask for direction when a proposal is made for a TIFF to go ahead and move forward with the project plan, and we'll bring that back to a statutory review committee.
16:44Local development act, and I'll talk a little bit about that in a minute.
16:47Uh sets out who's on that committee and what their role is, goes to planning commission, and then you have two public hearings and a council vote.
16:54The project plan has to contain, you know, where the project area is, that's the areas where you can spend money to do projects, and then where the increment is generated from the increment district.
17:05You have to describe generally the public improvements, private investment, and estimated public revenues to accrue, and put it in a list of project costs, how to be financed, those kind of things.
17:17Any changes in zoning and the master plan have to be does uh set out in that plan, and then you have typically the city manager is the person in charge of implementation and the authorization of a public entity to carry out the project plan.
17:30And the TIFFs in Norman, we have the Norman Tax Increment Finance Authority, our public trust for TIFFs, and that's who's typically the pub serving as the public entity to carry out the project plan for us.
17:45The statutory review committee has to meet and make a recommendation to council on the project plan.
17:53And this occurs prior to public hearings and adoption by council and the public by the planning commission.
18:00So membership is set by statute.
18:03These are not necessarily going to be people who are directly impacted by the type of development or anything like that.
18:10It's more uh representatives of the taxing jurisdictions who are going to have their their growth and taxes allocated toward these project costs.
18:18So you have a representative of the city who serves as the chairperson, and our our practice has been for the mayor to serve in that role.
18:26Uh, someone designated by planning commission, and then our taxing jurisdictions, Cleveland County, the health department, the library, Norman Public Schools, and more Norman.
18:36When they have their first meeting, they then appoint from a list of seven people provided by the chairperson, three at-large members.
18:43If it's the retail-based TIFF, there's got to be someone in that at-large position in one of those at large positions who has some retail background or connection.
18:55And so that that committee looks at the project plan, they look at the economic analysis, and then they make a recommendation to council, and all of that then is taken forward for the public hearings and planning commission.
19:07Um here's what they have to find specifically.
19:11Um the district is eligible for a TIFF.
19:16Uh, the plan and project will have a financial impact.
19:20What does that look like?
19:21Um, and they have to include analysis that's used to project revenues over the life of the project plan and the effect on the taxing entities.
19:29And they can recommend it be approved, denied, approved, subject to conditions, um, and then that goes forward to council.
19:35And if council makes any substanti substantial changes in what they propose, it has to go back to the review committee again.
19:42What's that document called?
19:44I haven't seen that for the which document document that they put together for their findings.
19:52Yeah, this is the document, it's just the position.
19:54Yeah, TIP member Bruce, I'd like to remind you that we're being recognized, council member Bruce.
20:01Sorry, I jumped ahead too.
20:03Um so typically that comes to council in the form of a resolution where they make their recommendation.
20:11If they want to set out conditions, they would put that in the resolution as well.
20:15And then uh the analysis would be included with that, or or they could be relying on analysis that's included with the project plan.
20:24We do typically do some analysis that's part of the project plan as well.
20:31Uh when it gets to planning commission, you know, this often involves changes to zoning or the land use plan, and and uh so planning commission reviews the project plan in light of those things and makes a recommendation to council as well, and that's an opportunity for public comment.
20:48And that's really the first opportunity.
20:50I don't think we've had a statutory review committee that's that's provided for public comment.
20:54So this is really the first opportunity for the public to comment on the plan, at least in a formal meeting.
21:01Then you have two public hearings.
21:03The first is just to provide the information and answer questions, and then the second is for people to come and tell you what they think about it.
21:10Um they have very specific notice requirements to make sure that property uh owners within a radius of the of the district have notice, but also the general public has notice.
21:22And so we go through that process, and then it gets to council.
21:26Um and so council gets all of the minutes of the statutory review committee, the planning commission, uh, the public, you know, you'll you would sit through the public hearing, so you would have that information, and then you'll have an ordinance, just like any other ordinance, first and second reading, with second reading being the opportunity for the public to comment.
21:43Um, they really get two opportunities, both the planning commission and council to comment.
21:51But the criticism we we hear is that as I said before, you don't often have an opportunity for public input earlier in the process.
21:59When we think about potential upcoming TIFFs that you guys are looking at, Griffin, downtown, adjacent neighborhoods to Griffin or in the case of downtown, the businesses that are involved there may have more direct impacts based on whatever's proposed in the project, and so that might be an opportunity where you want to bring some some citizens in that are impacted and get some impact or get some input earlier in the process.
22:25Um PIF, the original in 2006 did this.
22:29There was a 17-member citizen TIFF committee.
22:32Um I went back and pulled the roster of the committee.
22:35Our files are don't go back quite that far just to get their minutes, uh, but we we had those at one time.
22:41I've listed to takes at these meetings as well.
22:43Um we had a sitting council member on the committee, a former council member and a former mayor.
22:49We had uh three local business representatives, three attorneys.
22:52We had a city of Norman employee from the police department, which was interesting, um, an OU representative, someone from the OU School of Architecture, and then we had three or four other citizens that served on the committee, and so there was broad input.
23:06This isn't one because it was vacant land where it was impacting people living there currently or doing business there currently, but it did get broad input, and they actually interestingly grew the size of that original request for that TIFF and decided to bring in the retail component and uh the conference center.
23:26So initially the request was just for more public infrastructure, public improvements, and and this committee actually uh dreamed a little bigger than OU had and and wanted to bring in these other components, uh, which was probably not how anyone thought that would go.
23:43Um there that they were not unanimous in their decision.
23:46I do recall a um a minority report uh that was filed so that they weren't able to come to a unanimous decision on what to recommend, but they at least had that committee to look at it and and kind of get some input from different members of the community.
24:01The other thing we hear is is we don't have really beyond the local development act our own procedure or requirements for how we accept these proposals, how they get submitted, what information is required, how they're evaluated, and so I know our focus today is really more on the public input piece, but I wanted to throw that out there because some of the things I've given you talk about process and a lot of cities require an application that sets out the benefit of the project, uh the but for requirements.
24:33We need this assistance because uh we can't do the project without it, you know, that kind of thing.
24:38And so that might be something that council wants to consider, so you have the same information every time you're looking at at a proposal uh by which to evaluate it.
25:00And I think ultimately, if council wants to move forward with something, this is a process, both the public input piece and just the overall procedure that could be codified in our ordinances or adopted by resolution as a policy of the council, so that that would be sort of more set out there in stone in terms of how we handle these proposals when they come forward.
25:12We we have several right now, as I said, we're can we're talking about, and those are really city initiated.
25:17So probably not an application to ourselves in that case, but we it would give us the you know guidelines for information that we need to make sure we have for you all as you as you continue to discuss this.
25:30Um I was going to say was it Texas or I'm sorry, Fort Worth that had like the dollar amount that uh applicants had to pay.
25:41Yes, there's an application fee in Fort Worth, I believe.
25:45Um that's really to cover the cost of the city's review.
25:50It's it's not like most of our fees, it's not you know it's on page seven, yeah, gonna cover every single thing, but but we wanna be able to have those funds to do our own review.
26:03Um you know, it may be that the council wants an independent economic analysis done, and so that's that would be covered with that would help uh fund some of that.
26:13How much does the analysis cost?
26:16Depends on the size of the project.
26:18Okay, um, I didn't get a chance.
26:20I wanted to look back and see what we did an independent analysis for the arena proposal.
26:25Um it was under 25,000, I'm sure, but that was a really large project.
26:32If some of these smaller projects might not cost as much.
26:36Um, and it might be something where you set up the overall project plan, but when someone comes forward to request development assistance, maybe that's when you look at what they're gonna generate and do an economic analysis then because the increment that they're going to generate is often tied to what they might receive in development assistance.
26:53And currently we don't have an application fee or anything like that.
26:56No, no, and we we've only had um two really, I think, that have been adopted by council that came forward from outside parties.
27:06Uh Campus Corner back in 2001 or two, I think was really a joint effort of the city and the campus corner merchants association.
27:14Um Center City was a city-led effort, uh, but University North Park, uh, the original in 2006, and then the arena uh in 2024, right?
27:26Um those were both proposed by by the university.
27:31So we didn't have an application for those.
27:33Both of those, you know, came forward to council and and were handled uh by council and through this the statutory process.
27:41And uh it's been a minute since December.
27:46Did Fort Worth have a citizen process?
27:51Uh I don't think so.
27:54They had a review process for staff, they had some um language in here about um tying into some of their other economic development goals for small businesses, affordable housing, things like that.
28:08Uh, but certainly I think in our procedure, we could we could fit that in early in the process, you know, after the proposals received, fed it by staff, we've got the economic analysis, you know, you could you could appoint a citizen committee to look at it before the project plan is drafted.
28:25Um, or some cities have committees that look at specific projects within a TIFF district, and so it wouldn't be the overall TIFF, but when someone comes forward and says, I need assistance to complete this project, uh, then that committee meets and reviews it.
28:41And then I was gonna say also page seven, seven project criteria, um, use of TIFF proceeds.
28:49I like this sentence because I think it would address some of the criticisms I've heard, and it's TIFF district proceeds cannot be used to support exclusively private purposes.
29:02Um is that something that whether it was written or not now, like our TIFFs are pretty much public private, like they're not exclusively private.
29:16I mean, typically they do have some public component.
29:18The private component is called assistance and development financing, and there's not a restriction on how much of the the authorized project costs could be dedicated to that.
29:27So it's possible it could be more private than public under the statute, but um certainly that's something that council could discuss.
29:37I would just recommend that we can't predict every project that might come forward, and so you want to leave yourself some flexibility if something really great comes through that it's got community support and council support.
29:47Uh we don't want to have to just amend the process to accommodate it.
29:51We want to leave some flexibility for those kind of projects to be considered.
30:00I also think the small business firm commitment toward the project was interesting in the Texas language.
30:06Someone's NAT time is lacking out there.
30:11And then I also like the affordable housing requirements.
30:17That's on page nine.
30:19It says as authorized by and in accordance with section 311 Texas tax code.
30:26The city council hereby delegates the authority to set an affordable housing policy by resolution of the respective TIFF district board for those districts with projects and financing plans that allow TIF funding in support of affordable housing.
30:43Yeah, and when you think about uh Griffin, that might be an opportunity for some affordable housing or workforce housing where you would want to tie a policy to that to make sure that when projects come forward or some set aside for that kind of housing.
30:59Um that and then that's another thing I wanted to point out.
31:02Some cities, and we've done this with center city, adopt a policy guide specifically for each TIF.
31:09We we haven't done it for each TIF, we've done it for center city because it was anticipating more assistance and development financing.
31:15Um and so we have a policy guide that helps us know how to implement that for that uh particular TIFF, but we haven't had those on others, and that's something that could also be done to just consistent policy guides for each TIFF district.
31:29Right, right, because each one will have different goals, so it makes sense to do something specific for each district, and so that might be something to consider also.
31:37And I like that too, because that lets people who are interested in developing in the district know that what they can do versus what they think they can do.
31:47Yeah, council member Bruce.
31:51The um typically what's the ratio as far as who's proposing uh TIFF.
31:58Yeah, is it like 60% private party come into a city saying, hey, I got this great deal for you.
32:0840% really be a city driving it.
32:11Yeah, it really depends.
32:12Um for Norman, we've had two that were proposed by OU and then two that were initiated by the city.
32:20Um for uh Oklahoma City, they set up TIFFs proactively, not in response to proposal typically, uh, but they allow for proposals to come forward for assistance and development financing once the TIF TIF is adopted.
32:35Um, and they do quite a few where there's that private developer coming in and requesting assistance.
32:40We have been more public infrastructure based in most of ours, but um certainly I'd heard that Oklahoma City does that.
32:49They they use TIF all the time, very sizes for their projects.
32:54They do really, yeah.
32:57They they have quite a few.
32:58I I looked at the count today, I can't think of what it is.
33:00Tulsa has quite a few as well.
33:03Um, and the way they do it is is strategic.
33:06You know, when they were trying to turn Oklahoma City around, I can't remember when you moved to Oklahoma, but you might have been here at the beginning of the turnaround for downtown Oklahoma City.
33:15Um they were really strategic about where they adopted them.
33:18They had one really large project area over downtown, and then they adopted separate increment districts depending, you know, on different projects.
33:27So Devon uh tower got was part of an increment district, and that funds certain things.
33:33Um so they've been pretty strategic about it.
33:36But they um typically do uh pay as you go TIFFs, so they don't issue debt most of the time.
33:44Usually uh they're looking at the increment that your project is generating, and that will be returned to you as it as it's generated, uh which is a good protection for the for the city.
33:55Um but they they have used it quite a bit.
34:00Um, I was also gonna ask about the Kansas uh OAS uh resolution in section four procedure.
34:11I thought it was interesting.
34:13Um I don't know if we have this, but upon review of the TIF application, the city may require, and the applicant must furnish upon request further information in order to clarify the submittal.
34:23Does that mean we could ask for studies and impact analysis?
34:28Yeah, we typically do that.
34:30Um and we we have we rely on them to provide that.
34:34We haven't really had a situation where they said no, we're not going to do that because there has to be some justification that shows what they're gonna generate, but all of that's helpful so that from the beginning, everyone's on the same page of what might be required.
34:47And then another thought with that is um, you know, there could be a conflict, and you know, because they want to get their project approved.
35:00Uh is it standard practice for us to do like an independent analysis of their work to make sure that it actually checks out?
35:07Yeah, it's so it depends on in practice, it's dependent on the project.
35:11Um the two that we've initiated not so much because we were we felt good about what we had that that we had.
35:20Um the original UNP, Dr.
35:23Alexander Holmes with OU did projections.
35:26Um I don't think he was necessarily working for the OU Foundation.
35:30I think I'm not sure who who employed him to do that, but we did regularly compare revenue that was coming in to what his projections were.
35:40Um with the arena project, we had a report from the Department of Commerce, which um uh NEDC paid for.
35:49We had a report from um another company that the developer paid for, and then we looked at those and saw there might be an a negative impact to some sales tax.
36:00There might be some issues with sales tax outside of the district, and so we um contracted with a firm to just do that work for us to look dig deeper into that, and so in that case, we it was a small contract, we were able to get Daryl to sign it and move pretty quickly to get that analysis done.
36:16So council had the information.
36:19Would it be advisable to when we have projects that are brought to us from outside entities to make that a part of the process just to double check their work?
36:30Yeah, I think it's good to do our own economic analysis.
36:34Um we are typically gonna have a different concern than a developer.
36:39They're concerned about is this project gonna generate enough money for the assistance I'm requesting.
36:46Uh we're concerned about is it going to generate enough to pay for the cost of the district, and how's it going to impact the city sales tax outside of the district?
36:56And so doing our own analysis allows us to sort of um weigh in and make sure the inputs into that analysis cover the what we need to know from it.
37:05Is that something we can put in policy?
37:08Um, I would like to do that for.
37:11I mean, like we have a TIFF district master plan where we envision areas, but I can still see somebody coming forward in the future, and maybe they don't want to develop in those areas to have something else.
37:22Um I think it would be a good idea to double check their work.
37:26Yeah, and and you can do that.
37:28Um, you know, people can come in and they don't have to be part of a larger TIFF district, they could ask for TIFF just for their property.
37:35Oh, and so that's something where you're really gonna want to be sure about the revenues because you're gonna be promising to give some of that increment back.
37:42Yeah, council member Bruce.
37:44I would imagine there's a best in class for municipalities, governments for internal evaluation packages.
37:56I would imagine there is finding that entity that uh educate the municipality with the framework.
38:05Yeah, I mean that would be if you're in the if you're you know if you do a lot of these like Hogan City and say, hey, look, we gotta invest in this.
38:11Yeah, does that make sense?
38:13Yeah, um, and there are a lot of firms out there that do it.
38:16Um, and that do it well.
38:18I wish I could remember the name of the firm we used most recently, but not higher now, but have your own internal guy that really does an assessment for that or okay.
38:27Yeah, it might have been hired out, but I also want that internal assessment as a double check to check the numbers and the assumptions behind those numbers.
38:35So, okay, I'm I'm I'm on solid ground about what I think may happen.
38:40Yeah, that guy just retired we're gonna need we're gonna need someone.
38:47That's a good point.
38:48It's we have someone internal too who can who can serve as a check, and we definitely work closely with finance um through every single TIF that's been considered to look at the impacts independently, but then also to review whatever we're receiving from other parties.
39:04If if what I've been told about Oklahoma City is true, they they have to have someone in house do they internal analysis?
39:12Yeah, I would think so.
39:14They have a pretty um they have an attorney that only does TIFFs, and and she's probably not the only one, honestly, and then they have someone in finance, and that's their focus as well.
39:25So I'm sure they have someone who's dedicated just to doing those type of analyses.
39:36Um I was gonna say I noticed the Kansas TIFF administration service fee is a five percent versus a flat rate in the Fort Worth.
39:45Um I I'm curious about that.
39:51Uh, because when you have a very large TIFF like the arena, um, but you would think about how much time is being spent on from staff to administer that.
40:02Is five percent uh pretty depends on the size of the project for the arena?
40:10That's probably too there.
40:14If you're doing five percent of six hundred million, what about uh you know a four million dollar TIF in center city?
40:21Yeah, um I mean I'd have to look at the it is time consuming to do these, but it's also part of our job, so we'd have to look at the time and see you know how that if it meant 2% for Norman versus and I will say typically when you when we bring a project forward, we do have a line item to cover some of the costs that we incur in adopting the TIFF.
40:45If it doesn't get adopted, we we don't recover those costs, but uh we do have that line item in uh I think all of our TIFFs, the arena, this center city, the original UNP as amended.
40:59I don't know about the campus corner for sure, but I would be surprised if it didn't include that.
41:04Um so we do try to capture our the costs we expend on outside council, outside um economic analysis and things um within the TIFF so that some of those project costs, some of those increments being generated come back and reimbursed the city for those costs.
41:21Yeah, section five and the fees that's interesting interesting as well, because it's like five percent or five thousand, whichever is less.
41:28Do a time of submittal of the application.
41:30The other thing I liked uh with this Kansas one was reapplication fees for substantial changes, will be charged at the same rate as the schedule shown above.
41:39Um which would probably cover the cost, you know, associated with looking at something that could be is it doesn't say, but like is it 50% is considered substantial or 30%?
41:54Well, under our statute, uh it's five percent before a uh change to project plan has to come back through the whole process with the statutory review committee and all that.
42:04So um five percent in cost or five percent in area, okay.
42:10So I don't know if I haven't read the Kansas Act that authorizes TIFS to know if that's tied to the act or if that's just something they've determined on their own for their fees, but but that's something we could do if we're wanting to make sure that for all the time we spend on this, we're getting our cut, you know, staff time covered.
42:36So I I gave you all this so that you could look at it and I really think this is the start of a probably a longer discussion.
42:46Um not just for public comment but process.
42:50Um couple of these things I gave you were from the um governmental finance officers association, GFOA.
42:57Um, and they have some good general information, you know, they have to be careful because that goes out to all 50 states and the laws are different in every state, but um, they do have some good sort of best practice information, as did the Council of Development Finance Agency, so that's just something to look at.
43:13Um, and then of course the couple policies there, and there's a lot out there.
43:18Um we can definitely find another recommended practice is the packet you're talking about.
43:26Yeah, yeah, the first three articles are really more along the line of best practices.
43:32Yeah, I see building consensus.
43:34This is why redevelopment can be exciting.
43:37It also triggers an emotional response from the community, particularly for developments that create transformational changes, which I think our TIF district master plan kind of envisions that um yeah, okay.
43:53I do think it is the start of a longer discussion, and I appreciate uh looking into different cities and how they're doing it.
44:04Yeah, so does anybody have questions?
44:11I don't know if you followed the story of Edmund about it's in foreclosure or not a TIFF, but a project, I guess that is.
44:20Yeah, and I don't know all the details or what else going on with it, but um I don't know, just maybe something to whatever might have gone wrong if there's anything to learn from it.
44:29Yeah, and I I definitely want to see their development agreement and see you know, if they were I'm assuming they were um only paying increment that because it was generated, so that's not the city hasn't necessarily lost that uh lost funding, but they they lost that opportunity.
44:46Um curious to hear from their city attorney and see.
44:50I saw that this week.
44:51A campus, they're trying to develop a campus corner to connect you to that in downtown Edmund.
45:00So I don't it's in that area and it's like a mixed use building, it's not a big giant development, it's kind of a little thing, but it was just kind of an interesting little like closed.
45:12Yeah, so that one's interesting.
45:13I'll look into that.
45:15Could we maybe come back in March oversight and revisit, like give some time to digest, and those of us running, I'm sure we'll get near full on the doors about TIFFs.
45:28Um way or another, probably so um but I would like to revisit and keep it going through the process, um, especially as we hone in on a TIFF district master plan, which just out of curiosity, will we be talking about any of uh those projects we talked about coming out?
45:50I don't think anything's calendared yet, but it's only we've only got a few things scheduled out in January and a little bit in February.
45:57So um I think we probably should type do this first and then um pick up where we left off with the district TIFF district master plan.
46:08Um just that way when we get to the point where we're starting to do like actually form a statutory review committee and whatnot, we we have a process that um people will have some kind of input and we can get our costs covered and have a note for affordable housing and all the things that we would like to see for the city of Norman.
46:32I definitely think there's time the way things are moving right now to do that before the other two move forward.
46:40Um are there any other questions?
46:42All right, seeing none, I'm gonna say.