Real Estate and Land Development

Business Plan 2012-2014

We BuildDreams

 Real Estate and Land Development

Business Plan 2012-2014

TableofContents
1.0 2.0 3.0 3.1 3.2 3.3 3.4 3.5 4.0 4.1 4.2 4.3 4.4 4.5 4.6 5.0 APPENDICES APPENDIX1: RiverStone APPENDIX2: SunRidge APPENDIX3: Crossings APPENDIX4: SherringBusiness&IndustrialPark APPENDIX5: HistoryMap ContextMap SPOTMatrix StakeholderMap BoldSteps CoverStory EXECUTIVESUMMARY...................................................................................................................... 1 ACKNOWLEDGEMENTS..................................................................................................................... 3 BUSINESSUNITOVERVIEW............................................................................................................... 4 Mission\Vision\Values...................................................................................................................... 4 OrganizationalChart......................................................................................................................... 6 History...............................................................................................................................................7 Accomplishments.............................................................................................................................. 9 PreviouslyApprovedInitiativesandMajorCapitalProjects...........................................................10 BUSINESSUNITANALYSIS............................................................................................................... 11 FinancialSummary.......................................................................................................................... 11 CoreBusinessandServiceLevels.................................................................................................... 12 PerformanceMeasures................................................................................................................... 13 KeyCustomersandStakeholders................................................................................................... 15 EnvironmentalScan........................................................................................................................ 16 SPOTAnalysis..................................................................................................................................17 SUMMARYOFIMPROVEMENTOPPORTUNITIES............................................................................ 19

Real Estate and Land Development

Business Plan 2012-2014

1.0 EXECUTIVESUMMARY
The two major functions of the Real Estate and Land Development Department consist of land managementandlanddevelopment. Landmanagemententailsacquiring,managinganddisposingoftheCitysrealestateholdingsin supportofcorporateandcommunityobjectives.Thesefunctionsinclude: ensuring the Citys land bank is properly managed until such time it is required for urban uses, ensuringtheCityspropertiesareutilizedfortheirhighestandbestuses,and ensuringallagreementsrelatingtoCitylandsarecurrentandappropriatelyadministered

Land development is a process which transforms raw land owned by the City into serviced, developable parcels. The activity related to this process includes planning, marketing and selling lands for a variety of uses, including, but not limited to residential, industrial, institutional, recreational and commercial. The developments that the Real Estate and Land Development Department are actively managing include RiverStone, SunRidge, Crossings and SherringBusinessandIndustrialPark. RiverStone continues to be Lethbridges most popular residential subdivision development. In 2011 we will release 49 lots in Phase 14. This will bring the total number of developed lots to 839sincethesubdivisionstartedin2000. SunRidge, Canadas first BuiltGreen residential community has seen strong interest for starter homes and multifamily lots. To encourage strong environmental stewardship in the home builder industry, we provide financial incentives to maximize energy efficiency in their homes. As well, SunRidge is home to the Living Home Project, a partnership between the City of Lethbridge, Lethbridge College and Cedar Ridge Quality Homes, promoting environmentally sustainable home design. This project was very successful, winning awards from Alberta MunicipalAffairs,AlbertaHomeBuildersAssociationandSouthGrowRegionalInitiative. Crossings has seen the opening of two high schools, West Side Public Library and 55 acres of sports fields. These are the key components of the West Lethbridge Core. The market has shown a strong interest for commercial properties in Crossings. The City will begin marketing thesecommercialpropertiesinthespringof2011.

Real Estate and Land Development

Business Plan 2012-2014

In the Sherring Business and Industrial Park, Phase I, all servicing has been completed to date andwehaveafairlysteadyabsorptionrate.TheTechnologyCommercializationCentre(TCC),a partnership between Economic Development Lethbridge and Iunctus Inc, has started construction. The TCC will create opportunity for technology related businesses to build from eachotherssynergies. Looking forward, we have been putting a great deal of effort into working with internal departmentsthathaveidentifiedlandrequirementsintheirbusinessplans. Waterreservoirs,roadrightofways,firehalls,parksandothermunicipaluses. Waterbridge, located west of SunRidge, will continue with the principles of environmental stewardship. Garry Station, located north of Crossings, will add population to the area to support the commercialpropertiesinCrossings. NorthLethbridgeareafeaturingtheRegionalParkscheduledtobeginconstructionin2014.

Real Estate and Land Development

Business Plan 2012-2014

2.0 ACKNOWLEDGEMENTS
ThefollowingindividualsparticipatedinthepreparationoftheBusinessPlan: 1. MichaelKellyManager 2. DonBartelProjectAdministrator 3. JimMatthewsProjectAdministrator 4. KelHansenCorporateLandAdministrator 5. SusanGouwLandSalesAssistant 6. LornaKurioRealEstateandEconomicDevelopmentCustomerLiaison 7. GraemeWoodsFacilitator 8. RichardHildebrandFacilitator

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Business Plan 2012-2014

3.0 BUSINESSUNITOVERVIEW
Weareinthebusinessto: Developlandtoprovideindustrial,residentialandcommerciallandopportunities Current:SherringBusinessandIndustrialPark,RiverStoneandSunRidge Future:Waterbridge,GarryStationandNorthLethbridgeRegionalParkarea Createrevenuetobereinvestedintootherprojectsi.e.Crossings Administer land holdings to create opportunities for the orderly assembly of land for effectivecommunityplanning Demonstrate leadership through innovation in support of the Municipal Development Plan (SunRidge storm water management system that filters storm water before entering the rivervalley)

Thegoalsforourlanddevelopmentare: To achieve a reasonable return on investment measured through earnings and/or value to thecommunity To provide a variety of choices such as density, price point, amenities and locations in the marketplacetoconsumers To develop communities that are attractive and sustainable (economically, socially and environmentallyresponsible)

3.1 Mission\Vision\Values
Mission: To provide land management and land development services optimizing economic and public benefitsforthecorporationandcommunity. Vision: TodevelopandmanagelandownedbytheCityofLethbridgeandtoproviderealestate servicesandopportunitiestomeettheneedsofourstakeholders.

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Business Plan 2012-2014

Values: Help meet social, economic and financial community objectives through efforts in land management. Support to business industrial, commercial and residential, to develop and thrive in our community. Provide leadership and innovation in meeting land needs of our institutions, recreational users,socialagenciesandresidents. Assist to protect natural environmental features through the land banking system and the landdevelopmentprocess. SupportinternalBusinessUnitstomeettheirlandrequirements. Respect the expertise and contribution of team members and recognize the value of collaborativeeffort. Providetimely,accurateinformationtocustomers.

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Business Plan 2012-2014

3.2 OrganizationalChart

Real Estate and Land Development

Business Plan 2012-2014

3.3 History
History:MunicipalErasofLandDevelopmentandRealEstateActivity 1. 18901960EarlyLethbridge Industrial Park began with the purchase of around 30 acres in the vicinity of the first municipalairportaround1925. Whentheairportmovedtoitspresentlocationin1939,the110acreswasaddedtothe industrialarea. In 1942 the military obtained about 700 acres of land north of the current 5 Avenue Northandeastof28StreetNorthforuseasaninternmentcampforP.O.Ws. In the late 1950s the City acquired approximately 600 acres of the internment camp for industrialpurposes. The City had virtually no involvement in residential or commercial land development or realestateduringthisperiod.

2. 19611983PostWarBoom In January of 1970, approximately eightandahalf square miles of land was annexed in westLethbridge.Theareawassubdividedintothree640acreresidentialdistricts,which became Varsity Village, Indian Battle Heights and Mountain Heights. The City played a majorroleintheservicingandsellingoftheseareas. The City participated in a partnership with the private sector to develop Ridgewood HeightssectionofwestLethbridge. 1971 saw the beginning of a major commercial expansion to the downtown, with the land assembly of approximately 20 acres between 5th Street South and Scenic Drive from approximately 5th Ave. to 3rd Ave. This led to the development of several new buildings, including Lethbridge Centre, the Provincial Government buildings and the LethbridgeLodgeHotel. In1981,theUrbanParksfortheFutureprogramallowedtheCitytobegintheprocessof acquiring3,750acresforaconservationparkdevelopmentintherivervalleyandcoulee runningthroughthecityalongtheOldmanRiver.

Real Estate and Land Development

Business Plan 2012-2014

3. 19841999ModernLethbridge In July 1984, about 95 acres of the CP Railway property was acquired by the City for commercial and residential redevelopment when the rail yards were relocated to Kipp. It is now home to Park Place Mall, Police Services Building, SaveOn Foods complex and CrowsnestTrail. The beginning of urbanization and commercial development in south Lethbridge after 1984 is a significant milestone. An important event in the development of south Lethbridge occurred when commercial development at the site of the old drivein went aheadinsteadofputtinginaninterchangeforHighways4and5. Significant residential land development subdivisions were undertaken by the City in StaffordManorinnorthLethbridgeandRiverStoneinwestLethbridge. Additional highpriority properties were acquired in the river valley during this period, includingCottonwoodParkandtheRotheandMckenzieproperties.

4. Y2KandBeyond Since 2000 significant property acquisitions have been made to support major transportation projects such as North Scenic Drive, Mayor Magrath Drive and Chinook Trail. Significant expansion of the industrial park saw the completion of Shackelford Phase II (2003)andthedevelopmenttheSherringBusinessandIndustrialPark(2005). TheCitypromotedenvironmentalstewardshipinresidentialdevelopmentin2005when it opened SunRidge Canadas first BuiltGreen development. The City again partnered with the private sector in the development of the Copperwood subdivision in west Lethbridge. West Lethbridge Phase II the West Lethbridge Core started up in 2006. This subdivision,knownasCrossings,willactastheservicehubforwestLethbridge.In2010, Crossings saw the opening of two new high schools and the west branch of the Public Library. The area will soon feature a new twin ice arena as well as opportunity for commercialandresidentialdevelopment. In 2009 the City assembled and serviced land at the end of Temple Blvd. in west Lethbridge to support Affordable Housing options partnering with Habitat for Humanity andtheLethbridgeHousingAuthority. The future sees the planning for two new residential developments in west Lethbridge namedGarryStationandWaterbridge.TheCitywillalsobeplanninganeighbourhoodin northLethbridgethatwillfeaturetheNorthRegionalPark.

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Business Plan 2012-2014

3.4 Accomplishments
PartnershipAwardAlbertaMunicipalAffairs2009 AwardofMeritAlbertaHomeBuildersAssociation2009 ExcellenceinInnovationSouthGrowRegionalInitiative2009 LandAssemblytosupportextensionof3AvenueNorthform24StreetNorthtoMayor MagrathDriveNorth(C15,20082017CIP) ImplementedInnovationZoneintotheCrossings ImplementedsecondarysuiteprogramintoSunRidge CompletionofstormwatermanagementfacilityinSunRidge.Thisfacilitywillhelpscreen fertilizersandpesticidesbeforethestormwaterisreleasedtotherivervalley InstallationofsolarlightingforpathwaysysteminSunRidge o IncorporateLEDstreetlightinginSunRidge o Complete infrastructure construction in Crossings subdivision to support two new high schoolsandPublicLibrary o Acquisition of land to support road rightofway for Chinook Trail West, Garry Drive WestandMtisTrailWest o CityCouncilapprovesrevisedLandAcquisitionsandSalesPolicies2010 o InnovativestormwatermanagementandwindenergyaerationprograminSherring BusinessandIndustrialPark

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Business Plan 2012-2014

3.5 PreviouslyApprovedInitiativesandMajorCapitalProjects
NAME
TwinIceArenalocation Purchasekeydowntownsitelandassembly NewFireHallsitelandassembly NewCemeterysitelocation StudentHousingprojectforUniversityof LethbridgeandLethbridgeCollege TempleBlvd.HabitatforHumanity NativeWomensTransitionalHome Crossings SherringBusinessandIndustrialPark RiverStone SunRidge TechnologyCommercializationCentre LivingHome Southgatewaterreservoirandstormpond

PURPPOSEOFPROJECT
PublicUse SiteforCommunityArtsandPerformingArts Activities CivicUse PublicUse AffordableHousing AffordableHousing AffordableHousing LethbridgeCommunityCore/InnovationZone IndustrialEconomicDevelopmentTool UrbanDevelopment InnovativeUrbanDevelopment CommunityBenefit DemonstrateGreenInnovationinSunRidgeFamily Housing MunicipalInfrastructure

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4.0 BUSINESSUNITANALYSIS 4.1 FinancialSummary

Revenues Recovery from Capital Projects Sales of Goods & Services Expenses Debt Payments General Services Interdepartmental Transfers Materials & Supplies Other Personnel Reserve Transfers Transfers to Capital Utilities Wages & Benefits Total Real Estate and Land
Governance & Community Development

Real Estate and Land Development

2007 Actual
321,540 34,158 355,698 1,200,517 579,128 339,448 12,302 14,509 (539,376) (1,929,755) 543 678,377 355,693 (5)

Budget Summary 2009 2008 Budget

442,200 11,700 453,900 1,132,300 38,100 351,000 10,000 33,500 4,600 (1,838,800) 400 722,800 453,900 0

2010 Budget
453,772 35,000 488,772 1,109,100 173,100 717,300 13,500 39,500 (17,100) (2,288,593) 0 741,965 488,772 0

2011 Budget
473,334 35,000 508,334 1,109,200 173,100 606,600 13,500 39,500 (17,100) (2,191,244) 0 774,778 508,334 0

2008-2011 Change
31,134 23,300 54,434 (23,100) 135,000 255,600 3,500 6,000 (21,700) (352,444) (400) 51,978 54,434 0

Budget
347,377 35,000 382,377 1,120,010 173,100 567,200 13,500 39,500 (17,100) (2,305,137) 0 791,304 382,377 0

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4.2 CoreBusinessandServiceLevels
RealEstateandLandDevelopmentCoreBusiness&ServiceLevels
CoreServicesLandAdministration DescriptionofService: ServiceLevels:

toprovidepropertymanagement
services

effectivemanagementofpropertyi.e.costs,revenue,
safety,appropriateaesthetics

managelandbankandrealestate
inventory

annualreviewofCIPneeds timelyprocessingoftransactions

administerlandtransactions
CoreServicesLandDevelopment DescriptionofService: ServiceLevels:

toachieveareasonablereturnon
investmentthroughearningsand/or valuetothecommunity

maintainappropriatelotinventorytosatisfydemandi.e.
industrial,commercial,residential,multifamily,public building

developlandtoprovideindustrial,
residentialandcommercialland opportunities

provideopportunityforthecommunitysneedsnotmetby
privatesectordevelopers i.e.industrialandcommunityprojects

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4.3 PerformanceMeasures
RiverStoneLotActivity Phase
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Total 1 2 3 4&5 6&7 8 9 10 12 15 13

#ofLots Developed
59 115 44 115 95 87 70 57 40 43 65 790

#ofLotsSold
59 115 44 115 95 87 70 57 40 41 65 788

#ofLots Permitted
59 115 44 115 95 87 69 55 33 27 25 724

SunRidgeLotActivity Phase
2005 2006 2007 2008/09 2010 Total 2 1A 1B 3A 3C

#ofLots Developed
93 57 59 99 32 340

#ofLotsSold
93 57 59 99 24 332

#ofLots Permitted
92 54 51 96 11 304

HousesinSunRidge BuiltGreenRatingResults
Platinum 14 Gold 188 Silver 8 Bronze 5 Total 215

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ResidentialLotMarketShare
100.0% 80.0% 60.0% 40.0% 20.0% 0.0%

OtherDevelopers

CityDevelopments

IndustrialAcresSold1997to2010

50.0 40.0 30.0

46.2

42.2

34.5

38.4

20.0 10.0

19.9

23.4

12.2

14.9

7.5

11.1

27.4

0.0

0.6

3.1

0.0

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

Significantindustrialsales: 2003VaneeFarmCentre,AggregateInvestmentCorp(AsphaltPlant) 2004HighNoonInvestments(SunrisePoultry) 2006FirstProDevelopments(WalmartNorth) 2008TripleMHousing,GEARaineyCanadaCorp.

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4.4 KeyCustomersandStakeholders
KeyCustomers/Stakeholders
CityCouncil SeniorManagementTeam DirectCustomers ResidentialandNonresidential Commercial/IndustrialBuyers/Leasers FarmLeaser CityofLethbridge Infrastructure Facilities Parks Planning&DevelopmentServices Suppliers InternalDepartments o IT,SolicitorsOffice,Finance Businesses o Consultants,Engineers,Architects

SummaryofPerceivedNeedsorExpectations tobeaccountabletothecitizens tocollaboratethedirectionsandneedsofthe

citizens

accesstoconcise,timelyinformation accesstorealestateopportunities

goodcommunication abletoplanahead understandtheirperspective establishroles,responsibilities,expectations clearexpectations fairbusinesspractices timelypayment opportunitytocompeteforourbusiness timelypayment clearandconcisescopingofassignments accesstotimely,conciseinformation

Agencies o RealEstateAgencies,HomeBuilder Groups,RegulatoryAgencies Alliances o HabitatforHumanity,EDL, LethbridgeHousing,DaytonaLand, LethbridgeCollege,UDI,University ofLethbridge,LethbridgeHome Builders Staff

understandtheirperspective establishroles,responsibilitiesandexpectations awarenessandwillingnesstoassistcommunitygoals

supportongoingpersonaldevelopment keepinformed respect

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4.5 EnvironmentalScan
MARKETTRENDS:

Changeininterestrates Costofdevelopment Varietyofhousingoptionsmarketdemand Varietyoflandoptions CorporatelandrequirementsasoutlinedintheCIP

POLITICALFACTORS:

NewCityCouncileverythreeyears Councilsupportstheprovisionofindustrialland MunicipalDevelopmentPlan Publicscrutinyoflandtransactions

ECONOMIC CLIMATE: CUSTOMERNEEDS:

Citycontinuestohavestablegrowth Interestrates,Canadiandollar Oilprices

Information Fairandequitabletimelyopportunities

UNCERTAINTIES:

ChangestoFederal/Provincialtransfers,i.e.affordablehousingalliances

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OTHERFACTORS: (Technology, Facilities,Etc.)

Website JDEdwards CityofLethbridgePolicies LandUseBylaw Legislation BuildingCode Infrastructureservicesstandardsandspecifications

4.6 SPOTAnalysis
STRENGTHS:

Internalandexternalrelationships Councilsupport Experiencedandknowledgeablestaff Customerservice Landbankprogram Abilitytoinfluence Abilitytothinkbig Nontaxsupportedrevenuegenerator Documentmanagement Policiesandprocedures Attentiontodetail

PROBLEMS:

Comprehensivemarketingprogram Complexityoflandtransactions Complexandcumbersomemultidepartmentalroadplanandclosure process Complexandcumbersomemultidepartmentalshallowutilityinstallation process Complexlandinventorysystem;coordinationofmultipledatabases: Tempest,GIS,JDEdwardsandExcel Infrastructureservicestandardsandspecifications

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OPPORTUNITIES:

Createpositivechangeinthefabricofthecommunity Developpartnershipsforeconomicand/orpublicbenefit Createcommunitiesutilizingsustainabilityprinciplesthatincludeeconomic, environmentalandsocialattributes Streamlineprocesseswhileadheringtoapprovalrequirements

THREATS:

Lossofcorporateknowledgethroughstaffturnover Downturnoftheeconomy Geotechnicalrisks Changingregulatoryrequirements(stormwatermanagement) Rapidupturnintheeconomy(costescalations,toobusy,supply/demand)

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5.0 SUMMARYOFIMPROVEMENTOPPORTUNITIES
RealEstate&LandDevelopment6BoldSteps
BoldSteps 1. LandBankStrategytosupportmunicipal requirementsasidentifiedintheCIP 2. Seamlessinventorymanagementsystem thatmeetstheneedsofvarious stakeholderswithinthecorporation 3. Improveinformationforcustomers 4. Preparationofsalesstrategyofcommercial componentsinTheCrossings 5. Planning Primary/SecondaryObjectives ReviewcurrentCIPneedswithinternalstakeholders Developatimetableforacquisitionofpropertiesto supportCIP CurrentlytheCitymanagesfourseparateland inventorysystemsthatrequireagreatdealofeffortto coordinate Reviewneedsofstakeholders Investigateexistingsystemsforsolution Marketingandsalesstrategy Marketanalysis Editmasterplananddevelopmentguidelines Valuation ConfirmwithCouncil RequestforProposal RecommendationtoCityCouncil Close AreaStructurePlanWaterbridge OutlinePlanNorthRegionalPark OutlinePlanGarryStation LeisureCampusWestLethbridge JointStormWaterPlanRiverStone/Universityof Lethbridge Timelycompletionofproformabudgetsonanannual basis

6. ProformaBudgets

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Business Plan 2012-2014

APPENDIX1 RIVERSTONE

Appendix 1

Developed Phases
Phase # of # of Completion Lots Permits Date

1 2 3 4 5 6 7 8 9 10 12 15 13 Total

59 115 44 61 54 67 28 87 70 57 40 43 65 790

59 115 44 61 54 67 28 87 69 55 33 27 25 724

2000 2001 2002 2003 2003 2004 2004 2005 2006 2007 2008 2009 2010

Future Phases
Completion Date # of Lots Phase (estimated) (estimated)

14 16 20 11 17 21 18 19 22 Total

43 56 49 49 52 49 77 34 52 461

2011 2012 2013 2013 2014 2015 2016 2017 2018

Real Estate and Land Development

Business Plan 2012-2014

APPENDIX2 SUNRIDGE

Appendix 2

Development and Timing

Phase 2 1A 1B 3A 3C 93 57 59 99 32 92 54 51 96 11

# of # of Completion Lots Permits Date 2005 2006 2007 2008 2010

340 304 Phase # of # of Completion (future) Lots Permits Date 3D 65 n/a Silver 8 2011 Bronze 5

Built-Green Rating
Platinum Gold 14 188

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Business Plan 2012-2014

APPENDIX3 CROSSINGS

Appendix 3

Real Estate and Land Development

Business Plan 2012-2014

APPENDIX4 SHERRINGBUSINESS&INDUSTRIALPARK

Appendix 4

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Business Plan 2012-2014

APPENDIX5 HISTORYMAP CONTEXTMAP SPOTMATRIX STAKEHOLDERMAP BOLDSTEPS COVERSTORY

HISTORY OF Real Estate And Land Development

1St Avenue South Land Assembly

KEY
GOALS/ RESULTS
IN THE BEGINNING Industrial Land Development as an Economic Development tool

Crossings Gary Station Copperwood Legacy Ridge Commercial Varsity Village Indian Battle Heights Mountain Heights Ridgewood RiverStone North Regional Park Stafford Manor Mountain Heights Extension SunRidge Temple Blvd Habitat for Humanity

PROJECTS/ STRATEGIES

Residential Projects:

KEY EVENTS

Tudor Extension

Waterbridge 2015

Downtown PEOPLE

PRODUCTS/ SERVICES/ SITES

RiverStone University of Lethbridge

1997 Plus 1 1996 2 Staff 2000 4 Staff 1994 - 1995-0 Staff

SunRidge

DATELINE

1890

1970

1984

2000

2002

2004

2006

2008

2010

1996-2009

CONTEXT MAP : Real Estate And Land Development

ECONOMIC CLIMATE
City Continues to have stable growth

POLITICAL FACTORS
New City Council / 3 years Council Supports the Provision of Industrial Land Municipal Development Plan Public Scrutiny of Land Transactions CIP

CUSTOMER NEEDS
Information Fair and equitable timely opportunities

Website J D Edwards

UNCERTAINTIES
Change to Federal / Provincial Transfers

1996-2009

SPOT MATRIX Real Estate and Land Development

OPPORTUNITIES
+ Ability to Influence + Ability to Think Big + Revenue Generator Not tax supported + Strong Document Management + Strong Policies and Procedures - attention to detail OPPORTUNITY
Set standards for future developments

STRENGTHS
+ Strong Relationships Internal and External + Council Support + Experienced & Knowledgeable Staff

OPPORTUNITY
Ability to create a positive change in the community landscaping

OPPORTUNITY
Streamline porcesses

OPPORTUNITY
Partnerships

OPPORTUNITY
Work more closely with home builders and city land owners

CURRENT/INTERNAL

+ Strong Customer Service + Land Bank

FUTURE/EXTERNAL

PROBLEMS
Current Staff Vacancies Road Plan & Road Closure Process Many new players who has ownership of processes Shallow Utility Installation Scheduling and cost control Lack of Marketing

THREATS
Staff Turnover Rapid Upturn in Economy (Cost Escalation, Too Busy, Supply / Demand) Changing Regulatory Requirements RE: High Intensity Residential Fire (HIRF) Code

Downturn in Economy

Timely Processing of Land Transactions

Geotechnical (Risk)

Storm Water Management

1996-2009

STAKEHOLDER MAP Real Estate and Land Development

OTHER CONSTITUENTS
Community At Large

CURRENT NETWORK
General Public Residential / non-residential Farm Lessee Home Builders

DIRECT CUSTOMERS
Commercial / Industrial Buyers / Lessee City Departments Infrastructure Facilities Parks

BOARDS
City Council and Leaders Michael,Jim, Don, Kel

Real Estate Agencies Home Builders Group Solicitor IT

Consultants Engineers / Architects Contractors

Susan, Lorna

STAFF
Finance Dept Appraisors

Lethbridge Housing Native Women's Transition Home Joint Venture Daytona Land Habitat for Humanity

SUPPLIERS
Economic Development Lethbrudge Urban Development Institute

University of Lethbridge Lethbridge College Lethbridge Home Builders Association

ALLIANCES

1996-2009

SIX BOLD STEPS

Innovation Timely and accurate information to customers Optimize economic and public benefit

Effective administration of land holdings

VISION
To develop and manage land owned by the City of Lethbridge and to provide real estate services and opportunities to meet the needs of our shareholders Proforma budget Planning new developments

Develop attractive and sustainable communities

Develop land to provide industrial, residential and commercial opportunities

Preparation of sales strategy of commercial components in the Crossings Staff City Council Senior administration Economic Development Lethbridge Home builders Contractors Improve information for customers Seamless inventory management system that meets the needs of various stakeholders within the corporation Land bank strategy to support municipal requirements as identified in the CIP

Comprehensive marketing program Complexity of land transactions Complex and cumbersome multidepartmental shallow utility installation and road plan and closure processes Complex land inventory system; coordination of multiple databases: Tempest, JDE, GIS, EXCEL Infrastructure services standards and specifications

VALUES
Help meet social, economic and financial community objectives through efforts in land management

BOLD STEPS
Provide leadership and innovation in meeting land needs of our institutions, recreational users, social agencies and residents

Support internal business units to meet their land requirements Respect the expertise & contributions of team members and recognize the value of collaborative effort
1996-2009

Support to business industrial, commercial and residential, to develop and thrive in our community Assist to protect natural environmental features through the land banking system and the land Provide timely, accurate information to customers development process

COVER STORY VISION- Real Estate and Land Development-RELD

QUOTES BRAINSTORMS
Future Growth of the Crossings Future partnerships Waterbridge North Regional Park Congrats to RELD on its architectural innovation & diversity in Crossings residential community. President, Lethbridge Home Builders Association

We Build Dreams

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BIG HEADLINES
Buddist Monk in Lethbridge to bless redevelopment in China Town New Database mapping system unveiled Last chance to buy prime coulee view lots in RiverStone Twin Ice Centre to host 2015 Canadian National Figure Skating Championships Show Homes are now open for public viewing in Crossings RELD completes Canadas first BuiltGreen Community. Wins FCM Award First A380 lands at the Stubb Ross International Airport to celebrate transfer of ownership to the City of Lethbridge Hotel/casino opens in Crossings If you build it they will come North Regional Park opens RELD sells out of Sherring Phase I. Phase II is now available for sale

SIDEBARS
Grand opening of new Grocery store - anchors commercial development in Crossings RELD completes acquisition of land requirements to support 2014-2024 CIP Land Department attracts major industrial user providing 400 new jobs in the city

Awards Night 2015

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Winner of the Sustainable Community Awards

1996-2009