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HomeMy WebLinkAboutFebruary 13, 2018 Capital Improvement Plan 20182022 thru Department Park Reserve Fund of Shakoee Minnesota Cityp, Contact Parks & Recreation Director Type Improvement Project #PR-18-001 Useful Life 50 Project Name Quarry Lake Park Improvements Category Park Improvements Accounting CodePriority 67252 Important-Provide Efficeinc FundPark Reserve Fund Total Project Cost:$4,000,000 Description The development of Quarry Lake Park is the restoration of an Aggregate Industries quarry site. Justification The quarrry site is natural resource site in the middle of the city's industrial park. The park is unique for the residents of Shakopee and connects to the MN Valley State Trail. The park development has support of Xcel Enery (use of 40 acres), Emerson Process Management who has committed to a $500,000 donation towards the completion of a community building at the park (Phase III), MNDNR ($150,000 Federal Recreational Trail Grant) and local ATV/OHM operators ($10,000 polaris grant). Phase II planned for 2018 involves the expansion of a trail around the lake. Phase III planned for 2019 is the construction of a community building. Expenditures20182019202020212022Total 1,500,0001,500,000 Improvements 2,500,0002,500,000 Building Construction Total 1,500,0002,500,0004,000,000 PriorFunding Sources20182019202020212022Total 100,000100,000100,000100,000400,000 100,000 Contributions/Donations Grants 150,000150,000 Total 1,450,0001,900,0003,350,000 Park Reserve Fund Total 1,700,0002,000,000100,000100,0003,900,000 Capital Improvement Plan 20182022 thru Department Park Asset Internal Serv. Fun Cit of Shakoee Minnesota yp, Contact Public Works Superintendent Type Maintenance PA-18-11 Project # Useful Life15 Lions Park Rink and Lights Project Name Category Park Improvements Priority Accounting Code2 Important-Provide Efficeinc Fund Park Asset IS Fund Total Project Cost: $270,000 Description Replacing the ice rink, pavement, and updating the lights at the rink in Lions Park Justification Rink pavement and lights have reached their estimated life Expenditures20182019202020212022Total 270,000270,000 Construction/Maintenance Total 270,000270,000 Funding Sources20182019202020212022Total 270,000270,000 Park Asset Internal Service Fund Total 270,000270,000 Capital Improvement Plan 20182022 thru Department Park Asset Internal Serv. Fun Cit of Shakoee Minnesota yp, Contact Parks & Recreation Director Type Buildings PA-18-14 Project # Useful Life50 Lions Park Warming House Project Name Category Buildings Priority Accounting Code1 Critical for Safety/Preservat Fund Park Asset IS Fund Total Project Cost: $510,000 Description Replace the warming house in Lions Park. Remove existing structure winter 2017/18. Justification If the rink is going to be refurbished, the warming house should be replaced as well. The look and size of the warming house is to be determined. Expenditures20182019202020212022Total 10,00010,000 Other Improvements 500,000500,000 Total 10,000500,000510,000 Funding Sources20182019202020212022Total 10,000500,000510,000 Park Asset Internal Service Fund Total 10,000500,000510,000