The document summarizes Norman's economic activity and upcoming water supply challenges in 2012 and beyond. In 2012, Norman saw increased development, construction starting at two parks, over 400 single-family home permits issued. It passed a $42.5 million bond for infrastructure projects. Upcoming, Norman faces uncertainties around the long-term supply and quality of water from Lake Thunderbird and local aquifers. It is updating its water supply plan to strengthen knowledge of short and long-term sources and implement an economical, acceptable solution to meet projected demand increases through 2060.