NEDCPRESENTED BY DON WOOD, CECDPRESIDENT AND CEO

1995 NEEDS…

A central organization charged withproviding services to existing employers and

recruiting new quality employers to the Norman community

1997 – STRATEGIC PLAN

Strengths

Labor relations and labor

costs

Higher Ed

Highway access

Operating costs

Telecom & electric

Weak-nesses

Ready-to-go sites

and buildings

Economic develop-

mentefforts

Local incentives

Water &

sewer

Fantus Consulting Results • Hired first staff person

• Established economic development office

June 1997April 1997

FUNDING

(2000) (2009)

CURRENT & FORMER BOARD MEMBERS

Andy Anderson

Cheri Cartwright

Richard Cosier

W.D. "Gus" Gertsch

Jim Pappas

Harold Powell

Neil Schemmer

Anna Mary Suggs

Chuck Thompson

Jane Bowen

Leslie Christopher

Steve Corley

Mike Fowler

Anil Gollahalli

Chris Kuwitzky

Steve Lewis

Daniel Pullin

Dan Quinn

John Woods

Stuart Amos

Sean Bauman

Jeff Bryant

B.C. Danner

Dan Davis

Brad Gambill

Terry Garner

Ted Greb

Joe Harroz

Nick Hathaway

Lois Lawler

Richard Massie

Skip Porter

Paul Risser

Lindy Ritz

Lee Williams

George Wilson

1996 Directors Current Directors Former Directors Former Directors

PRODUCT IMPROVEMENT

OUTSIDE FUNDING

Economic Development Administration

$3,750,000

OU Research Campus

UNPCC/AMC

U.S. Dept., Housing and Urban Development

$360,000

eTec²

Oklahoma Department of Transportation

$1,500,000

Southwestern Wire

Norman Business Park

Sysco

UNPCC/AMC

Norman Business Park

116 acre business park

Home to 6 companies

1,000+ jobs

1 site remaining

On tax roll

Saxon Business Park

44 acres

Site Ready Certification

On tax roll

University North Park Corporate Centre

60 acre project area on tax roll

400,000 SF of Class A office space

Water features and public art

Airport Access (pending)

2,000 jobs anticipated, $100 million yearly payroll

University North ParkAdvanced Manufacturing Centre

60 acre project area on tax roll

30 acres contiguous to Corporate Centre

300,000 SF manufacturing space

Airport Access (pending)

High architectural standards

LOAN PARTICIPATION

IMMUNOMYCOLOGICS

(IMMY) Locally owned company / at

risk of leaving Norman

Manufacturing and R&D

1st Tenant in UNPAMC

5.75 acre lot, closed on 6/25/14

40,000 SF State-of-the-art facility

50 direct jobs/50 indirect

$12.5 million capital investment

10 Year Economic Impact

Taxable sales in city - $8,441,355

Tax Rolls in Year 1 - $14,520,000

Residential property value -$2,285,106

OKLAHOMA TECHNOLOGY CORRIDORHWY 9 EAST FROM US POSTAL TRAINING CENTER THROUGH GEOEYE ON HWY 9 WEST

BUSINESS CREATION & COMMERCIALIZATION

GROW YOUR OWN…ETEC – 710 ASP AVENUE

◦ Purchased by NEDC in 2000

◦ 10,000 square feet

◦ Owned and operated by NEDC

◦ Targeted to support technology developed

at OU and in Norman

◦ Small Business Development Center

◦ On the tax roll

ETEC² - 3209 N FLOOD

◦ Purchased by NEDC in 2008

◦ 4,500 sq. ft. office space

◦ 500 sq. ft. bay space

◦ Purchased using federal grants $217,000

$137,000

◦ On the tax roll

Employment Average Wage

764 $58,809

BUSINESS RETENTION & EXPANSION

LOCAL EMPLOYER ASSISTANCE

Approximately 2,000+ local businesses served

Major assistance

◦ State incentive programs

◦ Tax issues

◦ Site selection

◦ Expansions

HITACHI COMPUTER PRODUCTS, (HICAM)

• 200,000 SF expansion

• $20 million capital investment

• Oklahoma Pooled Finance Program

• 300 jobs retained, 75 new jobs

BUSINESS RECRUITMENT & ATTRACTION

New Companies to Norman

Commander

Aircraft

JOB CREATION OVER 20 YEARS

47,905

56,581

49,310

58,254

45,000

47,000

49,000

51,000

53,000

55,000

57,000

59,000

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Employment Growth versus Labor Force Growth

Employed Labor Force

ANNUAL ECONOMIC IMPACTS

Employment Payroll Overall Impact

3,500 (2,712 direct) $163,000,000 $634,000,000

* Does not include impact of capital investment