City of Norman City Council Regular Meeting Agenda 2026-05-26
Economic Development Agreement With Sooner Fashion Mall Proposed
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Description
Norman City Council will consider Contract K-2526-175, an economic development agreement with Sooner Fashion Mall, L.L.C., to rebate certain sales tax revenues over five years as reimbursement for approved property costs. The incentive aims to support redevelopment and investment at the mall site in Ward 3.
Contract Details
Vendor
SOONER FASHION MALL LLC
Agency
City of Norman, OK
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Contract Term
five-year period
Renewal Info
Initial five-year economic development agreement; any extension or modification would require future Council action.
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