Rotary Presentation April 28, 2016

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Presentation transcript:

Rotary Presentation April 28, 2016 Riverton City Rotary Presentation April 28, 2016

Past to Present

Population Growth

Current Demographics Population 41,900 Housing Units 10,810 Average Household Size 3.68 Median Age 28 Median Household Income (2008-2012) $81,503.00 Persons Below Poverty Level 3.5% Homeownership Rate (2010) 86.5% Median Value of Home (2008-2012) $275,800.00 Estimated Population @ Build-out Under Current GP 53,000

Recent Residential Projects Cedar Hollow Townhomes 40 Units Residences at Park Avenue Phase II & III Riverton Peaks 88 Units Edge Homes 197 new lots Hamlet Homes 60+ new lots SLR Master Development 3800 new lots

Commercial Projects

Finance and revenue

General Fund Revenue

General Fund Expenditures

Individual Revenue Catagories

Sales Tax Revenue Distribution

Sales Tax Revenue

Riverton City Organization Chart

projects

Downtown Focus

Pedestrian Overlay The purpose of this is to assign factors in development of the area to support a walkable design. Design will focus on opportunities to integrate business, public spaces, and residences.

Recommend Overlay Zone

City Park

Old Dome Meeting Hall Fire Station

CenterCal

Ground Breaking this year opening in Late 2017 early 2018. CenterCal Design Ground Breaking this year opening in Late 2017 early 2018.

CenterCal Features Movie Theatre Various Dining Options Grocery Sporting Goods Clothing Entertainment Water Features

SLR Project 3600 Residential Units Office Space Mixed Use Parks Performing Arts Center Schools

Water Project 2015 Vote to Residents Provide Culinary Water as Currently Administered or have Jordan Valley Water Supply. Move to a conservation billing method where billing is per 1,000 Gallons vs. 10,000 Gallon Minimum. 75% Response in Favor with all districts carrying the item

Current Public Works Projects (Next 12 Months) 4570 West from 12600 South to Dutchman Lane Road improvements (part of “K” road system) Storm Water Management 3600 West Detention Outfall Chaminoix Detention Basin Outfall Boxes Rebuild for improved safety Riverton Village Park Storm Drain Project 2700 West Sidewalk Project Safe walking route by Riverton HS Seminary 12600 South Streetlight Retrofit (LED lighting) 12600 South 4150 West Traffic Signal

Future

Major Transit Projects Commercial District 13200 South 4570 West 4150 West 4200 West 13800 South Rose Creek Trail and Alignment Redwood Widening Light Rail Preferred Alternate Approval from Daybreak to 12600 S.