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Investing in our Future 2014 City of Palm Coast Update

Investing in our Future 2014 City of Palm Coast Update. Our Future is Bright. Population. Sources: US Census and Bureau of UF Economic and Business Research. Employment. “Palm Coast is No. 1 in the nation for unemployment decline over the past year” Source: 24/7 Wall Street. Real Estate.

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Investing in our Future 2014 City of Palm Coast Update

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  1. Investing in our Future2014 City of Palm Coast Update

  2. Our Future is Bright

  3. Population Sources: US Census and Bureau of UF Economic and Business Research

  4. Employment “Palm Coast is No. 1 in the nation for unemployment decline over the past year” Source: 24/7 Wall Street

  5. Real Estate

  6. Home Construction “one of the 15 best housing markets in next five years” Source: Business Insider Magazine

  7. Investment $444 Million Invested Since June 2009

  8. Business Growth

  9. Taxable Sales

  10. Tourism

  11. Our Tax Dollars

  12. Our Tax Dollars

  13. Our Tax Dollars

  14. Our Investments

  15. Palm Coast Parkway 6-Laning Project Cost: $13.6 Million Schedule: Early 2014-Late 2015 83% FDOT Funded Net +63 Trees Transportation

  16. Northeast Corridor Projects 2015-2016 2014-2015 2014 Transportation 2014-2015

  17. Bulldog Drive Improvements Project Cost: $5.1 Million Schedule: Jan - Sept 2014 Funded by SR100 CRA Bulldog Drive Reconstruction Stormwater Improvements School Circulation & SR100 Improvements Transportation

  18. Matanzas Woods &Seminole Woods Paths Transportation

  19. Weir Replacement Similar Finished Project Stormwater

  20. Zero Liquid Discharge Project Cost: $9.3 Million Eliminates Discharge Increases Capacity Utility

  21. Long Creek Nature Preserve Project Cost: $1.5 Million (Phase 1) Parks and Beautification

  22. Holland Park &Community Center Renovations Project Cost: $5.7 Million Phased Project Phase 1 – Site Work Schedule: 2014-2015 Future Phases Phase 2 – Building Renovations Phase 3 – Sports Lighting Phase 4 – Splash Park Parks and Beautification Community Center Renovation Under Design

  23. Gateway Improvements Parks and Beautification Design and Construction Completed In-House

  24. City Hall City Council Parameters • Appropriate Project Size and Scope • No Increase in Existing Residents’ Taxes • No more rent payments • Use Existing Financial Resources City Hall Offices • 32,000 s.f. Office Building • $6.9 million • 5.8 million: CRA Loan Repayment • 1.1 million: Building Permit Reserves Central Park Community Areas • 8,000 s.f. Meeting Rooms/Public Areas • $2.2 million • Future Phase funded through CRA Revenues City Hall

  25. City Hall City Hall

  26. Thank You!Jim Landon, City Manager

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