COPPERAS COVE — City Manager Andrea Gardner addressed the public about the municipality’s financial well being, projects, partnerships and growth during a state of the city event on Wednesday.
“Today the state of our city is financially strong, considered one of the safest communities in Central Texas and growing by attracting business and residential developments,” Gardner told a crowded theater at Cinergy Cinemas.
In November, the city entered into a development agreement with Endeavor Real Estate for the estimated 1 million-square-foot Five Hills shopping center, she said.
During the 2012-13 fiscal year, the construction of the property is expected to raise property values by about $18.3 million and taxable retail sales of $30 million, which will generate about $306,000 for the city.
Property values are expected to increase from residential developments such as Mesa Verde II and III near Skyline Drive and the Heartwood Park off Courtney Lane, said Gardner. Both subdivisions will bring about 1,000 more homes. The future development of the Copperas Cove Economic Development Corporation’s Narrow’s Business Park may also increase those values.
Numerous city projects will help save money and increase safety in Copperas Cove, Gardner said.
Presented via video, residents were told how an affluent pond installed last year at the city golf course saves money by reducing water use while helping greens stay maintained.
Texas Department of Transportation road projects drew the most attention Wednesday.
The city has three major highway construction projects under way; the U.S. Highway 190 south bypass, State Highway 9 and Farm-to-Market 2657.
“All are expected to be done in 2014,” Gardner said.
The new two-lane highways — State Highway 9 and the south bypass — are about 50 percent complete while FM 2657 — a road widening — started earlier this month.
“All three projects are expected to improve the mobility in and around Copperas Cove,” Gardner said.
She also discussed:
- Plans to relocate and build a new city hall facility with several other government entities.
- Possible changes to the city’s recycling program.
- The importance of having a good relationship with the chamber of commerce and school district.
- The creation of a youth advisory commission and other city programs.