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City Initiatives and Financial Highlights During 1995 The City provides a full range of municipal services as authorized by state statute. This includes general government, public safety, public works, pazks and recreation, water and sewer utilities and community development. Within those areas of responsibilities, the City's goals for 1995 were: 1. To continue to implement the economic redevelopment of areas in the City which contain obsolete and low value truck terminals or a�ino commercial facilities. 2. To continue to emphasize housing development through new construction, rehabilitation and enhancement of current housing stock. 3. To further develop the environment and qualiry of life of the City by creating appropriate open spaces and recreational opportunities. The City achieved several objectives within the goals above and below are summazies of those results. 1. The City's strong economic development efforts were primarIly focused on cleaning up highly polluted sites in the city's redevelopment areas. Several parcels have been de-contaminated and now contain new office and service buildings. 2. A major new housing development was begun in 1995, which will provide the city with a supply of move-up housing for the communiry. School District 623 dedicated 77.5 acres of surpius land to development. The district has begun to construct 79 single family homes averaging $300,000 per unit and 60 town homes averaging $190,000 per unit. In addition, surrounding properry owners added an additional 38 uniu of housing to create a total of 17 i units of new homes. 3. Co-operation with the School District 623 continued in 1995 by the addition of a$920,000 �ymnastics center at the districYs high school funded by the city. To date the city and school district have jointly developed two expanded gymnasiums, a gymnastics center, and baseball fields all for both school and community-wide use. FutureProjs_cts On the basis of the City's efforts in 1995, the ciry is expected to continue to work toward the economic development of vazious contaminated parcels, to develop additional senior housing altematives, unplement several housing unprovement programs. The City is also expected to make spec�c plans to implement additional recreational community facilities. Such facilities include additional park development, activity center spaces and the development of skating center amenities. 3