Who is going to pay for the construction of the improvements in Prairie Trail?
Under the development agreement between the City of Ankeny and DRA Properties, the City will pay for the first $20 million of the cost of constructing the backbone of the street, water, sewer and storm sewer systems. In response to the City expenditures, DRA Properties will contribute $25 million to a Civic Trust Fund to be used to help pay for the cost of constructing new civic facilities.