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'Sports complex' allocated millions in proposed city budget; project yet to be publicly discussed

on Thu, 02/09/2017 - 20:46   by Editor

The proposed Bettendorf city budget would allocate more than $15 million to build a "sports complex" that has yet to be discussed publicly by aldermen.

The budget – which will be discussed at an all-day public work session Saturday (2/11) – includes $2 million for purchase of land for the "sports complex," more than $2 million for roads, lighting and sewer extensions for the project, and lists the issuance of $11.2 million in debt (bonds and notes) to finance the facility construction.

Residential growth and urban sprawl a very good thing when it comes to balancing city budget

on Fri, 02/12/2016 - 22:03   by news

Urban sprawl may have a negative connotation among the general public, but it is easy to understand why Bettendorf city officials love the spreading residential subdivisions filling up former cornfields north of 53rd Avenue.

The steady growth of new homes in north Bettendorf and Pleasant Valley – plus the escalating value of existing residential property in the city – generate healthy annual increases for city coffers to fund the ever-increasing cost of additional employees, higher salaries, health and retirement benefits and debt service.

City debt tops $132-million as city council begins developing next capital spending plan

on Mon, 01/26/2015 - 23:56   by Editor
Bettendorf aldermen will begin discussing next year's capital spending plan later this month after closing the books on the past fiscal year with a mountain of debt – $132.2 million to be precise.
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