BDI 2013 Developers Conference. 2012 New Construction New construction valuation for 2012 is...

BDI 2013 Developers Conference

2012 New Construction

•New construction valuation for 2012 is $21,313,174. Largest single year total ever. 64 single family permits, which is about average. 81 duplex permits. $2.3 million in new commercial valuation, largest in this category since 2006.

Bondurant Country Market

•Store is 15,690 sq. ft.•Located between Legacy Bank & car wash•Mini Hy-Vee•Two additional store fronts, both 4,000 sq. ft.•Estimated project value is $3.5 million•Opening early 2014•Drive up coffee window

2013 SubdivisionsRenaud Ridge 69 lots, 34 in

Phase 1

Efnor Estates Plat 3, 29 lots

2014 ConstructionArbor Ridge Plat 7, 24 lots

Wisteria Heights Plat 4, 20 lots

The City has been contacted about additional

residential plats.

• No plans submitted yet.

WRA Sewer Connection•Completed by end of 2013•36” Sewer Line•Approximately $16 million project•WRA will retain one lagoon for high flow storage•Sludge removal in 2014•No plans for property at this time•Three lift stations removed as part of construction

Hwy 65/32nd St SW Intersection Improvements

•Project will include traffic signals & turn lanes•Current cost est. is $765,000•It appears that state & federal funds will pay 80%-90% of the cost•Construction to begin later this year•Completion by mid 2014

FreedomRock To be installed June 2013 in front ofAmerican LegionBuilding on 2nd St NW

Bondurant is theonly location in Polk Co.to receive a Freedom Rock

Bondurant Regional Trailhead

•Depot Grand Opening June 22 at 9:00 A.M. as part of Biking Bondu annual event

• Building cost $200,000• Total Trailhead cost around $350,000• REAP funded most of the 2012 Trailhead Paving

COMMUNITY CENTER FACILITY AREAS

APRIL 11, 2013

Activities $3 Million Option $4 Million Option $5 Million Option

Administration 500 sq. ft. 720 sq. ft. 800 sq. ft.

Fitness 2,000 sq. ft. 3,100 sq. ft. 4,000 sq. ft.

Prog. Studios 900 sq. ft. 1,200 sq. ft. 1,300 sq. ft.

Gymnasium 6,000 sq. ft. 7,000 sq. ft. 8,000 sq. ft.

Locker Rooms 1,750 sq. ft. 2,400 sq. ft. 2,500 sq. ft.

Rstrms, Janitor, etc. 850 sq. ft. 1,000 sq. ft. 1,000 sq. ft.

Bldg. Systems 450 sq. ft. 580 sq. ft. 500 sq. ft.

TOTAL sq. ft. + walls 15,063 19,225 24,750

Cost/sq. ft. $167 $175 $170

Areas not included –

Child Watch

Community Room/Classroom

Walking/Running Track

Family Center/Youth Room

Parks Master Plan & Improvements

• Wisteria Heights• Wolf Creek• Eagle Park• Lake Petocka• BRSC• BSC• Trailhead “The

Depot”

City Property Tax Rate Reduction

The City tax rate for FY14 was reduced $.05 for the

7th consecutive year. The City anticipates another

$.05 rate reduction for the FY15 budget to be adopted

in March, 2014.

Grant Funds Received 2009-2010

Grant Funds Received 2011-2012

Grant Funds Received 2013

2013 Iowa DOT $500,000.00 Hwy 65 Traffi c Signals2013 DMA MPO $144,500.00 Hwy 65 Traffi c Signals2013 Iowa DOT $73,000.00 Hwy 65 Traffi c Signals2013 DMA MPO $160,000.00 CVT Paving2013 Prairie Meadows $250,000.00 CVT Paving2013 REAP $75,000.00 CVT Paving2013 BRAVO $1,200.00 Trailhead Completion2013 Prairie Meadows $12,500.00 Shelter- City Park

Total $2,108,662.00

Eastern Polk County Is Doing Well•Pleasant Hill- Large Warehouse Project•Altoona- Becoming a National data storage facility hub•Bondurant- Strong residential growth •WRA Connection•Bondurant Country Market•Elementary School•Blue Jay Stadium•Community Recreation Center