1. 1 Welcome State of the City to the Address

2. 2 The City of Bettendorf is the PREMIER CITY in which to live! The City of Bettendorf is the most livable community, with rich educational, cultural, and recreational opportunities where we enjoy a vibrant riverfront and a growing, competitive business environment. Vision

3. 3 Community listening sessions/Comp Plan Citizen Survey with national benchmarks Bettendorf 101: City Citizen Academy Open communication between city government and community Annual goal setting with city council, department heads, and staff How We Get There

4. 4 Financially sound city providing quality city services Orderly growth and quality development Growing current businesses and attracting new businesses Riverfront/Downtown Development- destination for entertainment and living Premier Place to live in the Quad Cities Goals

5. 5 Goal 1 Financially Sound City Providing Quality City Services

6. 6 The assignment of the City’s Aa2 rating reflects the city’s sound financial operations supported by healthy reserves and significant revenue flexibility. Statement from Moody’s Investors Service Last time City issued bonds

7. FY 2015/16 Budget 7 Follows the plan established last year and continues our history of:  Conservative spending  Maintaining healthy cash reserves  Strong fiscal planning and adherence to fiscal policies We continue to realize:  Stable revenue streams  Substantial growth in new single family homes  Significant levy capacity available under $8.10 limit and ability to utilize other unused benefit & taxing levies.

8. Budget Highlights - FY 2015/16 Budget: 8 Maintain the City’s Levy Rate at $12.55 Bettendorf is one of a few Iowa cities with a General Fund levy below $8.10. This allows for future growth capacity of 61%, equating to over $5.8 million of potential property taxes. In addition, the City has the ability to levy taxes for: – IPERS & FICA ($1.1 million) – Emergency levy of $0.27 if needed. ($515,000) – Additional Transit Levy $0.56 ($1.1 million) Additional levying capacity: $8.5 million

9. Taxes Current Year 9 How We Compare to Other Cities? Iowa cities with populations over 10,000 in order by Taxable Value per Capita

10. Annual Impact of Taxes & Fee Changes 10 FY 15/16 Budget

11. 11 Quad Cities Property Tax Comparison For January 1, 2013 Assessed Valuations (taxable in FY 14/15) City, School District, Tax Rate Bettendorf Median Residential Assessed Value of $173,600 Commercial Assessed Value of $500,000 City of Bettendorf, Bettendorf School District, $33.96699 per $1,000 value $3,043$16,134 City of Davenport, Davenport School District, $40.12151 per $1,000 value $3,594$19,058 City of Moline, School District #40, Moline Township code #8, $9.2331 per $100 value $4,881$15,389 City of Rock Island, School District #41, South Rock Island township code #9, $9.9913 per $100 value $5,282$16,652

12. 12 FY 14/15 Cost of City Services & Utilities Typical $173,600 Residence

13. 13 Goal 2 Orderly Growth and Quality Development

14. 14 Opening this Summer New strip center with offices & restaurant (Falcon Ave.) Ross’ Restaurant (former Frank’s Pizza) 18 th Street and 53 rd Avenue

15. 15 Ground Breakings this Spring Kwik Trip Gas Station (between Ascentra & McDonalds) 6,000 sq ft auto center & multi tenant facility (18 th St. & 53 rd Ave.) *as seen below University of Iowa Credit Union (west of McDonalds) 18 th Street and 53 rd Avenue

16. 16 Medical Facilities (53 rd Ave.) ORA (2014 assessment $16 million) Genesis Health Plex (2014 assessment $1.9 million) Center for Digestive Health (2014 assessment $4.3 million) *Assessments are approximate totals

17. Premiering Bettendorf 17 A Comprehensive Plan A Comprehensive Plan Project is guided by a project team that includes a steering committee of Bettendorf residents, city officials, and community planning consultants from RDG Planning & Design and economists from Gruen Gruen + Associates.

18. Premiering Bettendorf 18 20 Years into the Future 20 Years into the Future Primary Goals A Shared Vision of the Future Provides an opportunity for residents to create a shared vision for their community. Guidance for Decision Makers Serves as a guide for City Council, staff, and other City boards/commissions, as they set policy, make public investments, and deliberate land use decisions. Legal Basis for Land Use Regulation Provides a legal basis for land use regulations.

19. Forest Grove Drive Paving Project 19 $9.8M over 3 fiscal years ($7.45M Federal Funded) Includes three lanes & recreation trail from Utica Ridge Road to International Drive. Forest Grove Drive project similar to Tanglefoot Lane project, which was completed in 2014. Tanglefoot Lane

20. Community Improvement Program 20 2015 Construction Season: $13 million

21. 21 Goal 3 Growing Current Businesses and Attracting New Businesses

22. Building Permit History 22

23. 23 Duck Creek Plaza Area Duck Creek Plaza (south) was valued at $4 million prior to redevelopment. Now complete with city assistance, value should reach $12 million. HomeRidge Inn and Suites was valued at $2.3 million before it was demolished in 2014. In its place a new Hilton Garden Inn was constructed at a cost of $9.25 million. New hotel opens this spring. Also completed in 2014: Big 10 Mart $2 million. Starbucks $194,000.00 Strip mall containing Jimmy Johns ($179,900.00), Salon Aria ($118,000.00), AT&T ($73,780.00), First State Bank ($170,000.00)

24. 24 Learning Campus In 2014, the Family Museum completed its first major renovation since the original construction in 1998. Cost $1.3 million. Attendance prior to renovation was approximately 105,000 per year. Attendance now is approximately 166,000 per year. Also in 2014, the Library completed its renovations, which included reconfiguration of public computer space, additional service desks, and expanding recreational reading area that includes a gas fireplace. Cost $1.5 million.

25. 25 Utica Ridge Corridor New Rock Island Arsenal Credit Union Utica Ridge Road paved this year, five lane facility The Lodge expected to be converted into a Hilton Double Tree Hotel

26. 26 Other Development Downtown and I-80/Middle Road are two top priorities for growth. Working with a private developer on the construction of a industrial spec building measuring 60,000 (+) square feet. First subdivision supplied with FTTH (fiber to the home) in Beaver Meadows Development on 53 rd Avenue. 175 new home construction. Expect the same next year.

27. 27 Goal 4 Riverfront and Downtown Development Destination for Entertainment and Living

28. 28 I-74 Bridge and Corridor Project 2013IDOT purchased 44 properties, additional partial acquisitions and construction easement only acquisitions were also purchased 2015/16 Utilities are being relocated including sewer, storm water, sanitary, fiber optic, and phone State Street, Grant Street, and Kimberly Road will be reconfigured 2017/18Physical construction of middle section of the span 2020/21Completion of the bridge

29. 29

30. 30 New I-74 Bridge

31. 31 New I-74 Bridge

32. Downtown Streetscape Master Plan 32

33. Targets for Action 33 Top Priority – Unified Downtown Vision & Plan – Bettendorf 2023/Comprehensive Economic Development Plan & Implementation Strategy – I-80 Business Park: Development – Twin Bridges: Direction/Actions – Riverfront Property Acquisition, Direction, City Role, Next Steps – Comprehensive Plan: Adoption High Priority – Annexation Strategy: Policy Direction, Actions – State Street Gas Station(s): Removal & Entrance Beautification – Technology Business Attraction Strategy – Youth Sports Complex: (Indoor/Outdoor Facility) – City Events & Festivals – Main Street Program: Direction – Residential Development Project in Downtown/Riverfront

34. 34 Goal 5 Premier Place to Live in the Quad Cities

35. Premier Place to Live 35 Veterans’ Day CeremonyColor Run 4 th of July ParadeMayor’s Easter Egg Hunt

36. Premier Place to Live 36 Tree Planting Library’s Renovation Comp Plan Open House PV High School Girls Track Team State Champions

37. Premier Place to Live 37 Dekhockey Bettendorf Park Band Crow Creek Dog Park Bettendorf 101: CCA

38. Awards and Achievements 38 2014 Bettendorf Receives Certificate of Distinction in Performance Measurement from International City/County Management Association 2014 Bettendorf Receives Honorable Mention as Bicycle Friendly Community from League of American Bicyclists 2015 Bettendorf Named One of the Safest Cities in Iowa from Movoto Real Estate. 2015 Bettendorf Among the Best Small Cities in the Nation for Families from NerdWallet 2015 Bettendorf Tree City USA from The National Arbor Day Foundation.

39. Questions and Answers 39