HomeMy WebLinkAbout5.F.5. Street Reconstruction Plan Adoption-Res. No. 7073TO: Mayor and Council
Mark McNeill, City Administrator
FROM: Gregg Voxland, Finance Director
SUBJ: Street Reconstruction Plan Adoption
DATE: January 18, 2011
CITY OF SHAKOPEE
Memorandum
Introduction & Background
Council held a public hearing on the Five Year Street Reconstruction Capital Improvement Plan
on January 4 2011. Action on adopting the resolution adopting the Plan was tabled. The
resolution approving the Plan and preliminary approval of issuance of bonds has to be approved
by all Council members present.
MSA 475.58 provides that; "If a petition requesting a vote on the issuance is signed by voters
equal to five percent of the votes cast in the last municipal general election and is filed with the
municipal clerk within 30 days of the public hearing, the municipality may issue the bonds only
after obtaining the approval of a majority of the voters voting on the question of the issuance of
the obligations."
Attached are Resolution No. 7073 and the 5 year street reconstruction plan for which bonds
would be issued under MSA 475.58.
The action gives preliminary approval to issue bonds for the street reconstruction projects
listed. The normal approval process for each project still has to be followed as does final
approval to actually issue bonds. The Plan should be updated annually as needed.
Action
Offer Resolution No. 7073 A RESOLUTION ADOPTING A FIVE YEAR STREET RECONSTRUCTION
PLAN and move its adoption.
Gregg Voxland
Finance Director
Budgetil /cipll /recon
S
Amended
5.F.5.
RESOLUTION NO. 7073
A RESOLUTION ADOPTING A FIVE YEAR STREET RECONSTRUCTION PLAN
WHEREAS, MSA 475.58 requires adoption of a five year Street Reconstruction Plan in order to
issue bonds to fund eligible projects,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SHAKOPEE, MINNESOTA, that the attached five year Street Reconstruction Plan is hereby
adopted and preliminary approval is given for the issuance of General Obligation bonds in the
total amount of $4,185,000 to pay for projects included in the Plan; provided that no bonds for
any of the proposed projects may be issued without the specific consent of the City Council, as
called for by Minnesota Law.
Adopted in session of the City Council of the City of Shakopee, Minnesota
held this Eighteenth day of January, 2011.
Mayor of the City of Shakopee
ATTEST:
City Clerk
2011— 2015 Street Reconstruction
Capital Improvement Plan
City of Shakopee, MN
City of Shakopee, MN
Street Reconstruction Plan
Bonding MSA 475.58
2011 2012 2013 2014 2015 Total
TH 300 Recons Assess 380,000
2011 Recon Assess 335,000
2011 Recon Levy 785,000
CR 101 - Spencer 325,000
Recon Assess 3rd Ave 240,000
Recon Levy 3rd Ave 560,000
CR 17 expansion (county) 1,100,000
CR 17 Vierling Intersection 460,000
1,825, 000 1,260,000 1,100,000.. 4,185,000
Estimated Annual Tax Levy - 10 years 151,000 140,000 151,000
Total Project Cost
TH 300 Recons Assess 2,200,000
2011 Recon 1,910,000
CR 101 - Spencer 710,000
Recon 3rd Ave 1,350,000
CR 17 expansion (county) 25,000,000
CR 17 Vierling Intersection 1,700,000
4,820,000 3,050,000 25,000,000 32,870,000
City of Shakopee Capital Improvement Program 2011 -2015
Project Manager:
Bruce Loney
A. Expenditure Items:
Land & ROW
Construction
Improvements
Engineering /Admin.
Total
B. Funding Source:
General Fund
Capital Improvement Fund
Park Reserve Fund
Grants (specify)
Donations (specify)
State Aid
Assessments
Sanitary Sewer Fund -Base
Sanitary Sewer Fund -Trunk
Storm Drainage Fund -Base
Storm Drainage Fund -Trunk
Tax Levy
Total
Project Type:
Street Construction
2011
1,750,000
450,000
2,200,000
250,000
1,320,000
380,000
250,000
2,200,000
2012
(SPUC)
(State Turnback Funds)
PROJECT LOCATION
Project Title:
TH300 Reconstruction
2013
2014
Total Project Cost:
$2,200,000
2015
Description:
Reconstruction of old T.H. 300. 6th Avenue, from 10th Avenue to Webster
Street and 10th Avenue, from 6th Avenue to C.R. 69.
Justification:
To continue with the rehabilitation of the City's infrastructure in the older sections
of the community.
Other Comments:
City does qualify for State turnback funds for improving Old T.H. 300, which has
been turn backed to the City.
Operating Costs:
City of Shakopee Capital Improvement Program 2011 -2015
Project Manager:
Bruce Loney
A. Expenditure Items:
Land & ROW
Construction
Improvements
Engineering /Admin.
Total
B. Funding Source:
General Fund
Capital Improvement Fund
Park Reserve Fund
Grants (specify)
Donations (specify)
State Aid
Assessments
Sanitary Sewer Fund -Base
Sanitary Sewer Fund -Trunk
Storm Drainage Fund -Base
Storm Drainage Fund -Trunk
Tax Levy
Total
Project Type:
Street Construction
2011
1,710,000
200,000
1,910,000
370,000
335,000
320,000
100,000
785,000
1,910,000
PROJECT LOCATION
2012
(SPUC)
Project Title:
2011 Reconstruction Project
2013
2014
Total Project Cost:
$1,910,000
2015
Description:
Street, sanitary sewer, storm sewer and watermain reconstruction.
Justification:
To continue with the rehabilitation of the City's infrastructure.
Other Comments:
Streets should be reconstructed with old T.H. 300. Turnback funds for T.H. 300
are available in 2011.
Operating Costs:
City of Shakopee Capital Improvement Program 2011 -2015
Project Manager:
Bruce Loney
A. Expenditure Items:
Land & ROW
Construction
Improvements
Engineering /Admin.
Total
B. Funding Source:
General Fund
Capital Improvement Fund
Park Reserve Fund
Grants (specify)
Donations (specify)
State Aid
Assessments
Sanitary Sewer Fund -Base
Sanitary Sewer Fund -Trunk
Storm Drainage Fund -Base
Storm Drainage Fund -Trunk
Tax Levy
Total
Project Type:
Street Construction
2011
570,000
140,000
710,000
260,000
125,000
325,000
710,000
2012
PROJECT LOCATION
Project Title:
C.R. 101 Improvements, from CSAH
17 to Spencer Street
2013
2014
Total Project Cost:
$710,000
2015
Description:
Street, sanitary sewer, storm sewer and watermain improvements to C.R. 101,
from CSAH 17 to Spencer Street.
Justification:
Other Comments:
This would be a County project with the City contributing funds for sanitary
sewer, storm sewer, street lighting and sidewalk. Costs above are only for the
City's portion of the project.
Operating Costs:
City of Shakopee Capital Improvement Program 2011 -2015
Project Manager:
Bruce Loney
A. Expenditure Items:
Land & ROW
Construction
Improvements
Engineering /Admin.
Total
230,000
1,200, 000
270,000
1,700,000
B. Funding Source:
General Fund
Capital Improvement Fund
Park Reserve Fund
Grants (specify)
Donations (specify)
State Aid
Assessments
Sanitary Sewer Fund -Base
Sanitary Sewer Fund -Trunk
Storm Drainage Fund -Base
Storm Drainage Fund -Trunk
Tax Levy
Total
Project Type:
Street Construction
2011
2012
PROJECT LOCATION
Project Title:
CSAH 17Nierling Drive Intersection
Improvements
2013
1,100, 000
140,000
460,000
1,700,000
2014
(Federal)
(County)
Total Project Cost:
$1,700,000
2015
Description:
CSAH 17Nierling Drive intersection improvements.
Justification:
Other Comments:
Operating Costs:
City of Shakopee Capital Improvement Program 2011 -2015
Project Manager:
Bruce Loney
A. Expenditure Items:
Land & ROW
Construction
Improvements
Engineering /Admin.
Total
B. Funding Source:
General Fund
Capital Improvement Fund
Park Reserve Fund
Grants (specify)
Donations (specify)
State Aid
Assessments
Sanitary Sewer Fund -Base
Sanitary Sewer Fund -Trunk
Storm Drainage Fund -Base
Storm Drainage Fund -Trunk
Tax Levy
Total
Project Type:
Street Construction
2011
2012
PROJECT LOCATION
Project Title:
3rd Avenue Street Reconstruction
2013
1,100, 000
250,000
1,350,000
260,000
240,000
240,000
50,000
560,000
1,350,000
2014
(SPUC)
Total Project Cost:
$1,350,000
2015
Description:
Street, sanitary sewer, storm sewer and watermain reconstruction on 3rd
Avenue, from CSAH 17 to Spencer Street and on Minnesota Street, from 3rd
Avenue to C.R. 101.
Justification:
To continue with the rehabilitation of the City's infrastructure in the older sections
of the Community.
Other Comments:
Operating Costs:
City of Shakopee Capital Improvement Program 2011 -2015
Project Manager:
Bruce Loney
A. Expenditure Items:
Land & ROW
Construction
Improvements
Engineering /Admin.
Total
B. Funding Source:
General Fund
Capital Improvement Fund
Park Reserve Fund
Grants (specify)
Donations (specify)
State Aid
Assessments
Sanitary Sewer Fund -Base
Sanitary Sewer Fund -Trunk
Storm Drainage Fund -Base
Storm Drainage Fund -Trunk
Tax Levy
Project Type:
Street Construction
2011
2012
Total
PROJECT LOCATION
Project Title:
CSAH 17 Expansion
2013
12,000,000
1,000,000
13,000,000
12,200,000
250,000
550,000
2014
11,000,000
1,000,000
12,000,000
11,200,000
250,000
550,000
13,000,000
12,000,000
Total Project Cost:
$25,000,000
2015
(County)
Description:
Expansion of CSAH 17, from St. Francis Avenue to CSAH 42.
Justification:
Projected traffic volumes warrant the expansion of CSAH 17.
Other Comments:
City costs will be for a bituminous trail, storm sewer and concrete curb & gutter.
Operating Costs: