You want to move us to that?

Yes.

Thank you.

So I'm gonna give a short report on the Bill Moline program.

And you have kind of the too long didn't read version in front of you there.

If you want to see kind of our little executive sign, I think you also have the full report with the exhibits.

So I'm gonna reference those exhibits as we go through this case to our speech center.

Um as you know, we were presented uh a few months back with this idea from older person Timmy about Bill Moline, the idea of building starter houses, city, city financing those, possibly taking even a loss on those, but the idea of really understanding that the market is not producing those and that the city should consider it.

So we really took that idea, pulled out little parts of it and examine those because they are gonna help us in other development people that we're working on right now because of our suspects process regardless of that, then provide you with some recommendations at the end of the ways you could go forward with some.

So um so as I mentioned, the first thing we want to do is really define what is a starter house.

And so we're looking at an 1100 square foot model.

Um could maybe have a basement or a garage, but the examples you're gonna see in here don't have that, and it all kind of comes down to a specific amount of money you have, what makes that spying it, right?

The the targeted buyers when we think about the Bill Moline program, we think about starter houses.

Targeted buyers are gonna be young couple um looking to start a family, elderly retirees looking to downsize or maybe single professionals.

That was kind of the idea.

Um there's also the idea of like building these on city owned lots.

So we took a good hard look at the city owned lots, roughly 70 lots that say they're owned by the city of Moline, they are owned by the city of Moline.

Um but when it comes down to it, I would say maybe two of those are doable right now, as far as like yes, this is a buildable lot.

I didn't rate it by you going up there and trying to put something on.

So point is you can look through that exhibit the you can see all those lots, and basically there's a storyline every single one of them, whether it's a ravine, you think it may have been dumped on in the past, no one has a landfill, other things that maybe make it not the most ideal to build a house on.

Um, of course, we did not we did not include Case Creek in some of the city's farms for that for that, but that is something to keep in mind that the city has uh three farms south of the airport that are a base here of 70 acres, so I'm gonna kick it over to Charles here right now because one of the things that Charles looked at uh for us, and like you said, Mayor, he's with our intern this year, our abundance intern and worked on this project.

He looked at the privately owned lots and so Charles, you want to add something on private lots and what you were able to find on them.

Yeah, so given uh depending on if you don't want to go with publicly owned blocks, you all see the privately help lock would be an option.

So we started off with the list of around 300 privately help bacon lots and Todd that he assembled using Arc GIS, and I went through a little bit uh more so that we can okay if we have a lot of lots, but we can actually develop them uh in which I'll build a little at all in the end.

Um we found that there's a good deal of them that would work for the program around 80 that I would consider buildable, and within that, like around 20 that are really buildable and pre perfect for the program now.

Some of them uh did say that had to pay money to get them uh requiring them wouldn't necessarily be simple, but something pass it back to Chris.

Okay, so um so also we looked at kind of the economics of building a house as part of this, right?

There's a couple different elements to look at one was floor plans.

I know there was a desire from certain folks on the council, and then older person timmy push the idea of having housing plans that are ready to go basically.

Some comes down to see here here's a pre-improved plan.

Um talking to the building official a little bit about that.

One thing I would tell you is building a house is kind of similar to a garage, but we don't really need we don't need a full plan for an architect, right?

So we can certainly have these plans and file that support the city council, they can do it.

But what we do for garages, for example, is like your garage packet.

You really kind of answer these questions about your garage, and we can permanent interest from that.

So another thing we could think about is staff.

I mean, it's not given obvious reasons why we don't have a house package.

We just it's not something we care about.

We'll request for a lot, but we could kind of change the game and be compared with some kind of packet to be help people you know pre-approved good process.

But I did just want to make sure everybody knows like you don't need an archetype for a house.

Um really can find it design it fairly simply.

And the other thing is that typically the type of application will see for that is usually somebody who's I'm closer to 250 a square foot than most of the python.

So I think 250 a square foot is a realistic price for uh for a new house.

Obviously, sort of things in the county's scale are gonna differ with that.

Um, and then the top one is a public prevailing wage.

So we didn't want to look at case the city council does want to guarantee the prevailing wage is paying job.

Now we're looking at roughly 38 square to a certain estimating that.

How does that change the bill?

Usually the plumber and the electrician are gonna be getting prevailing wage anyway, so it's really gonna be those others in a job that wouldn't get it for reverse uh the other uh jobs that would have high range.

And we also show you here some of the comparisons to like habitat community, how they build it.

Obviously, they've got some reduced costs in their labor with the volunteers.

Um that'll bring me back down to Charlie.

Charlie looked at a household contribution to the city.

So another thing that all the person sending and pointed out was you can be prepared to lose a little bit on building a house because uh these are new residents, they're you know, pay for utilities and paying property taxes there going to your stores.

So Charles, you took a look at that, you want to break that down a little bit.

Yeah, just as Chris said, part of the program is intended to be uh physical installed independently.

So seeing how we're gonna look into the money for tax review over time.

Um I did start with the federal tax category that we the city ends up making money from mainly sourcing stuff from the code of ordinance as well as the annual upgrades and financial report.

Very general estimate.

I would make it around 3500.