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HomeMy WebLinkAbout13.D.1. Presentation of 2012-2016 Capital Improvement ProgramCITY OF SHAKOPEE Memorandum TO: Mayor & City Council Mark McNeill, City Administrator FROM: Bruce Loney, Public Works Director SUBJECT: Capital Improvement Program 2012 -2016 DATE: July 19, 2011 Staff will present the attached 2012 -2016 Capital Improvement Program (CIP) for Council review and direction. BACKGROUND: Each year the City prepares a 5 -Year CIP on projects that impact the City and its finances. A presentation will be made by staff at the meeting on the 2012 -2016 CIP. Currently, the majority of the Capital Improvement Fund is funded with State Aid revenues. 35% of State Aid revenues are applied to the General Fund and these funds are used to cover costs for crack seal and seal coats, carried under the General Fund Street Budget. The remaining State Aid revenue is applied to the CIF. Attached with this memo are the following • Sanitary Sewer CIP Project Sheets • Storm Drainage CIP Project Sheets • Street CIP Project Sheets • Park Asset CIP Project Sheet • Summary Sheet CIF • Summary Sheet Park Asset Fund Council needs to review the 2012 -2016 CIP and provide any direction. ALTERNATIVES: 1. Review and provide any direction on the 2012 -2016 CIP at this time. 2. Table for additional information. RECOMMENDATION: Staff recommends Alternative No. 1. ACTION REOUESTED: Review and provide any direction on the 2012 -2016 CIP at this time. Bruce Loney, P. Public Works Director S GPJCIPl2012 -CTX P -PR SE XTION City of Shakopee capital Improvemeni rrogram Av ,<-av e v Project Manager: Project Type: Project Title: Total Project Cost: Bruce Loney Sanitary Sewer L -16 Improvements $255,000.00 A. Expenditure Items: 2012 2013 2014 2015 2016 Land & ROW Construction 160,000 60,000 Improvements Engineering /Admin. 20,000 15,000 4an nnn - - 75,000 Capital Improvement Fund Park Reserve Fund Grants (specify) Donations (specify) State Aid Assessments Sanitary Sewer Fund -Base 180,000 Sanitary Sewer Fund -Trunk Storm Drainage Fund -Base Storm Drainage Fund -Trunk 75,000 ,y Demolition of old L -16 building. Installation of radio based SCADA System and backup pump control system. Justification: of Shakopee Capital improvement Program 2012 -2016 ___ r:._. Tntal Project Cost: vrotecc 1na1149ci. Bruce Loney Sanitary Sewer East Shakopee Industrial Sewer Construction I 600,000 Improvements Engineering /Admin. 150,000 Total 750,000 Funding Source: General Fund Capital Improvement Fund Park Reserve Fund Grants (specify) Donations (specify) State Aid Assessments 700,000 Sanitary Sewer Fund -Base 50,000 Sanitary Sewer Fund -Trunk Storm Drainage Fund -Base Storm Drainage Fund -Trunk Tax Levy Ten nnn r` Extension of sanitary sewer to serve large industrial lots in East Shakopee. Justification: The age of existing on -site sewage treatment systems and the size of developments warrant consideration of sanitary sewer extension. )rty owners have shown interest in project. Area does have municipal however, MUSA has not been extended to the area. This sewer line is no r a trunk sewer with the rerouting of the trunk sewer through the ibridge development. PROJECT LOCATION of Loney Construction Improvements 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 Lew Sewer LV IL�LV �V Control System MIMI 100,000 d' Construction of a drainage control system south of C.R. 78. The system will utilize a combination of an outlet control structure and a pipe outlet. Justification: Developing properties in the area will produce more storm water run -off requiring outlets to be constructed from existing wetlands. Ultimately, the outlets will reduce water running downstream to future developing properties It is recommended as part of the City's Comprehensive Storm Water Management Plan. rolled outlets will better manage the storm water discharge rates and more utilize the upstream storage available in existing wetlands. I PROJECT LOCATION City of Shakopee Capital Improvement rrogram w,4 -w lu Project Manager: Project Type: Project Title: Total Project Cost: Bruce Loney Storm Sewer Shenandoah Business Park $185,000 A. Expenditure Items: 2012 2013 2014 2015 2016 Land & ROW Construction 150,000 Improvements Engineering /Admin. 35,000 4 as nnn Project is dependent on industrial development proceeding in this area. Coordination with Three Rivers Park District will be required. PROJECT LOCATION Of Loney IStorm Sewer 201 Construction Improvements 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 Lew 100,000 M 125,000 nt Program 2012 -2016 'itle: Stabilization r �S Stabilize the drainage channel east of ACC 2nd Addition. Justification: Channel may start to erode. PROJECT LOCATION of Shakopee Gapitai improve r all Loney Storm Sewer PLSL Channel Improvements Land & ROW I I I 80,000 Construction Improvements r nnn 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 85,000 Storm Drainage Fund -Trunk —F 85,000 1 - I I Description: f� Additional capacity and control structures in the Prior Lake /Spring Lake Channel to handle increased run -off due to development. Justification: Existing agreement with Prior Lake /Spring Lake Watershed District (PLSLWD) requires the City to maintain the channel upon the City utilizing the channel for urban development. Increased runoff from development will require a larger segment will be upgraded when the property develops. PROJECT LOCH I Iviv City of Shakopee Capital Improvement Project Manager: Project Type: Bruce Loney Street Construction rro- ram cu of -4u,o Project Title: Total Project Cost: Annual Seal Coat $430,000 A. Expenditure Items: 2012 2013 2014 2015 2016 Land & ROW 430,000 457,318 453,578 450,000 450,000 Construction Improvements Engineering /Admin. 430,000 457,318 453,578 450,000 450,000 Total B. Funding Source: General Fund Capital Improvement Fund 400,000 420,000 420,000 420,000 420,000 Park Reserve Fund Grants (specify) 7,318 3,578 Donations (developer escrow) State Aid Assessments Sanitary Sewer Fund -Base Sanitary Sewer Fund -Trunk Storm Drainage Fund -Base Storm Drainage Fund -Trunk _ in nnn 30.000 457,318 40;5,010 1 •tace,cavv �r Descrintion: Seal coat and crack seal. Justification: Seal coats and crack seals are essential parts of an effective Pavement Preservation Program. Project area will be determined on a yearly basis. PROJECT LOCATION of Loney (Street Construction 2012 -2016 2 Bituminous Overlay Area B 1$320,000 2016 Construction I 280,000 Improvements Capital Improvement Fund 300,000 Park Reserve Fund Grants (specify) Donations (specify) State Aid Assessments Sanitary Sewer Fund -Base Sanitary Sewer Fund -Trunk Storm Drainage Fund -Base 20,000 Storm Drainage Fund -Trunk Tax Levy Description: Bituminous overlay of Minnesota Street, from Vierling Drive to 10th Avenue; Minnesota Court; Clover Court; Vierling Court; Londonderry Cove and 11th Avenue, from CR79 to Minnesota Street. Justification: Continuation of the City's Pavement Preservation Program to maintain existing uminous overlays are more cost effective than reconstructing pavements. reets will be evaluated on a yearly basis and may be moved up or moved back the CIP. City of Shakopee Capital improvement Program 2012 -2u'9 e Project Type: , yP Project Title: Total Project Cost: Project Manager: Construction Vierlin Drive Bituminous Overlay g $530,000 Bruce Loney .Street Area C 20'12 2013 2014 2015 2096 A. Ex enditure Items: Land & ROW Construction 460,000 Improvements Engineering /Admin. 70,000 Total 530,000 B. Fundin Source: General Fund Capital Improvement Fund 500,000 Park Reserve Fund Grants (specify) Donations (specify) State Aid Assessments Sanitary Sewer Fund -Base Sanitary Sewer Fund -Trunk Storm Drainage Fund -Base 30,000 Storm Drainage Fund -Trunk Tax Levy Total 530,000 Description: Vierling Drive, from Spencer Street to the west end, § x Bituminous overlay of excluding the segment east of CSAH 15 constructed in 2003. Justification: Continuation of the City's Pavement Preservation Program to maintain existing infrastructure. Other Comments: Bituminous overlays are much more cost effective than reconstructing pavements. Streets will be evaluated each year and may be moved up or w moved back in the CIP. Operating Costs: Y PROJECT LOCATION Of Loney I Street Construction fu7G -LU 10 Beckrich Park Estates Bituminous 1$160,000 Land & ROW Construction 140,000 Improvements 1 20.000 0 - — i ian nnn i - i - i - i_ 1=31 Capital Improvement Fund 150,000 Park Reserve Fund Grants (specify) Donations (specify) State Aid Assessments Sanitary Sewer Fund -Base Sanitary Sewer Fund -Trunk Storm Drainage Fund -Base 10,000 Storm Drainage Fund -Trunk Tax Lew Desc i�tion: Bituminous overlay of Barrington Drive, Carriage Circle and Cortland Circle, Justification: Continuation of the City's Pavement Preservation Program to maintain existing uminous overlays are more cost effective than reconstructing pavements. reets will be evaluated on a yearly basis and may be moved up or moved back' the CIP. City of Shakopee Capital Improvement Program 2012 -2016 Project Manager: Project Type: Project Title: Total Project Cost: $440,000 Bruce Loney Street Construction Wood Duck Trail Street Reconstruction A. Ex diture Items: en 2012 2013 2014 2015 2016 Land & ROW Construction 350,000 Improvements Engineering /Admin. 90,000 Total 440,000 B. Funding Source: General Fund Capital Improvement Fund Park Reserve Fund Grants (specify) Donations (specify) State Aid Assessments 130,000 Sanitary Sewer Fund -Base Sanitary Sewer Fund -Trunk Storm Drainage Fund -Base 20,000 Storm Drainage Fund -Trunk Tax Levy 290,000 Total 440,000 ,a Description: of Wood Duck Trail, from CSAH 17 to Maple Trail. 4 Street reconstruction Justification: Street is failing. s 4 t s P is ii y Other Comments: ' •i I ' E R z+tt /abG 33�� Ooeratina Costs: ---- ____ -_ F ROAM T_L..O -CATJON-___-- - - - - -- of Shakopee Capital Improvem rrogrdm av j4 -zv 10 Bruce Loney y Street Construction Main Street Utility Replacement $250,00u A. Expenditure Items: 2012 2013 2014 2015 2016 Land & ROW Construction 200,000 Improvements 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 150,000 (SPUC) 100,000 PROJECT LOCATION City of Shakopee Capital Improvement rrogram Awl t Manager: Project Type: Project Title: Loney Street Construction 2013 Bituminous Overlay - Area A , --------------- I9nii 1 2014 1 2015 Construction I I 870,000 Improvements Capital Improvement Fund I I 910,000 Park Reserve Fund Grants (specify) Donations (specify) State Aid Assessments Sanitary Sewer Fund -Base Sanitary Sewer Fund -Trunk Storm Drainage Fund -Base 40,000 Storm Drainage Fund -Trunk [ B , uminous overly of various streets throughout the City. stification: ntinuation of the City's Pavement Preservation Program to maintain existing Bituminous overlays are much more cost effective than reconstructing pavements. Streets will be evaluated each year and may be moved up or back in the CIP. PROJECT LOCH I IVN _City o Shako t Manager: Project Type: Loney Street Construction rrogram cviA -cv,v Bituminous Overlay - Area B A. Expenditure Items: 2012 2013 ZU14 Land & ROW Construction 550,000 Improvements Engineering /Admin. 50,000 Total 600,000 B. Funding Source: General Fund Capital Improvement Fund 600,000 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 Bituminous overlay of various streets throughout the City. Justification: Continuation of the City's Pavement Preservation Program to maintain existing luminous overlays are more cost effective than reconstructing pavements. reets will be evaluated on a yearly basis and may be moved up or moved back the CIP. PROJECT LOCATION City of Shakopee Capital Improvement Program 2012 -2016 Project Type: Project Title: Total Project Cost: Project Manager: YP Bruce Loney Street Construction 2013 Bituminous Overlay - Area C $280,000 A. iditure Items: 2012 2013 2014 2016 2016 Land & ROW Construction 240,000 Improvements Engineering /Admin. 40,000 Total 280,000 B. Funding Source: General Fund Capital Improvement Fund 260,000 Park Reserve Fund Grants (specify) Donations (specify) State Aid Assessments Sanitary Sewer Fund -Base Sanitary Sewer Fund -Trunk 20,000 Storm Drainage Fund -Base Storm Drainage Fund -Trunk Tax Levy Total 230,000 Description: n � . t t Bituminous overlay of Sharon Parkway, Tyrone Drive and Park Place. "t iv ds Ni < t` Justification: t Continuation of the City's Pavement Preservation Program to maintain existing c �r infrastructure. Other Comments: Bituminous overlays are much more cost effective than reconstructing pavements. Streets will be evaluated each year and may be moved up or move back in the CIP. px ' P I Z ;mss a k'eu�u'`f s Operating Costs: PROJECT LOCATION City of Sh akc t Manager: Project Type: Loney Street Construction overlent r'rograin Av ia-av w roject Title: .H. 101 Trail Extension 5 1 2016 Construction Improvements Engineering /Admin. Total 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 65,000 40,000 40,000 1 County ,000 1 - I - I - Description: �f Construction of a bituminous trail on the south side of C.R. 101, from Sarazin Street to the bridge over the Mill Pond. Justification: Pedestrian traffic in the area may warrant construction of this trail. Project may be eligible for DNR grants and the City will request cost participation from the County. PROJ ECT Lo CH 1 w N City of Shakopee Capital Improvement Program 2012 -2016 Project Type: yp Project Title: Total Project Cost: Project Manager: Street Construction CSAH 17 Expansion p $1,750,000 Bruce Loney 2012 2013 2014 2015 2016 A. Expenditure Items: Land & ROW 750,000 700,000 Construction Improvements 150,000 150,000 Engineering /Admin. 900,000 850,000 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 700,000 750,000 Storm Drainage Fund -Base Storm Drainage Fund -Trunk 200,000 100,000 Tax Levy 900,000 850,000 Total Description: Expansion of CSAH 17, from St. Francis Avenue to CSAH 42. Cost above only > m reflect estimated City costs. Justification: Projected traffic volumes warrant the expansion of CSAH 17. c vx, Ott' t Other Comments: City costs will be for a bituminous trail, storm sewer and concrete curb &gutter. � ems y £" 5 T n k� z �3 Operating Costs: PROJECT LOCATION Of AU 14-ZU I ...... -.. _ Loney Street Construction - --- 17IVie`ling Drive Intersection Construction Improvements 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 1,400,000 1,100,000 (Federal) 300,000 (County) 1f CSAH 17/Vierling Drive intersection improvements. Justification: Traffic volumes warrant additional improvements. Design and Right -of -Way in 2013, construction in 2014. PROJECT Lo GA nun of Loney Items: Construction Improvements 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 Lew Construction i the existing Memorial Park pedestrian bridge. grant for this project has not been approved. This project would be included the County's 101 trail project. rAlll <v� < -cv �v Park Pedestrian Bridge 2016 250,000 1 (DNR) PROJECT LOCATION City of Shakopee capital Improvement r-rograu Av - Project Manager: Project Type: Project Title: Total Project Cost: Bruce Loney Street Construction Shenandoah Business Park $500,000 Im rovements A. Expenditure Items: 2012 2013 2014 2015 2016 Land & ROW Construction 400,000 Improvements ----- 100.000 :--,A,,...:. 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 Lew 500,000 Infrastructure for Industrial Property east of Shenandoah Drive and North of Fourth Avenue. Justification: Sanitary sewer, watermain, storm sewer and streets are needed to serve this owner may request a 429 Special Assessment Public Improvement Developer may want to request assistance from City due to the ce conditions and to allow sanitary sewer and storm sewer lift stations to the site. PROJECT LOCATION Ci ty of Shak t Manager: Project Type: Loney Street Construction meni rrogaou 4u l — ct Title: Bituminous Overlay Construction Improvements 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 Levv 240,000 250,000 20,000 Description: Bituminous overlay of Sarazin Street, from Eagle Creek Boulevard to 4th Avenue; Market Street, from 7th Avenue to T.H. 101, Disc Drive and Secretariat Drive. Justification: Continuation of the City's Pavement Preservation Program to maintain existing Bituminous overlays are much more cost effective than reconstructing pavements. Streets will be evaluated each year and may be moved up or moved back in the PROJECT LOCATION City of Shakopee Capital Improvement rrogram Av eA -cv lv Project Manager: Project Type: Project Title: Total Project Cost: Bruce Loney Street Construction Bituminous Reclamation of 4th Ave. $320,000 from CertainTeed W CSAH 83 A. Expenditure Items: 2012 2013 2014 2015 2016 Land & ROW Construction 250,000 Improvements 7n B. Funding Source: General Fund Capital Improvement Fund Park Reserve Fund Grants (specify) Donations (specify) State Aid 90,000 Assessments Sanitary Sewer Fund -Base Sanitary Sewer Fund -Trunk Storm Drainage Fund -Base Storm Drainage Fund -Trunk Tax Levy 230,000 Total 320,000 Desc ription: Bituminous reclamation of 4th Avenue, from the CertainTeed property to CSAH 83, and construction of a right turn lane at CSAH 83. 4 Justification: Pavement is in need of rehabilitation due to age and truck traffic. levels from development do not warrant construction of a three lane of Shakopee Capital Imp rovemene rrogram to iL -4u iv Project Manager: Project Type: rrvtecL INua. Bruce Loney I Street Construction 2015 Bituminous Overlay Lana & muvv 1,250,000 Construction Improvements 100,000 Engineering /Admin. 1,350,000 venelai rums 1,330,000 Capital Improvement Fund Park Reserve Fund Grants (specify) Donations (specify) State Aid Assessments Sanitary Sewer Fund -Base Sanitary Sewer Fund -Trunk 20,000 Storm Drainage Fund -Base Storm Drainage Fund -Trunk Tax Levy 1350.005 Cost: v I , F Btn verlay of various streets throughout the City. of the City's Pavement Preservation Program to maintain existing uminous overlays are more cost effective than reconstructing pavements. reets will be evaluated on a yearly basis and may be moved up or moved back the CIP. PROJECT LQUA I IVN of Loney Street Construction 12th Avenue Trail 2014 Construction Improvements 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 160,000 a bituminous trail from CSAH 83 to Quarry Lake Park. PROJECT L UL;A 11UN _ City of Shakc Project Manager: Project Type: Bruce Loney Street Construction Construction Improvements Engineering /Admin. Total 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 Levv Improvement rrogra Project Title: 2016 Bituminous Overlay 5 2016 860,000 90,000 950,000 930,000 20,000 Descri tion: Bituminous overlay of various streets throughout the City. Justification: Continuation of the City's Pavement Preservation Program to maintain existing uminous overlays are more cost effective than reconstructing pavements. reets will be evaluated on a yearly basis and may be moved up or moved back the CIP. City of Shakopee Capital Improvement r rug raan &w 1 —e Project Manager: Project Type: Project Title: Bruce Loney Street Construction 2016 Bituminous Reciaimation Project n_ Fxnenditure Items: 2012 2013 2014 2015 Construction Improvements 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 370,000 130,000 20,000 Bitum ous reclaimation of Mark Ct., Mike Ct. and Marcia Lane south of Maxine Cir. Justification: Continuation of the City's Pavement Preservation Program to maintain existing PROJECT LOCH I IUN City of Shakopee Capital Improvement Program 2012 -2111 u Project Manager: Project Type: 1 YP Project Title: 3rd Avenue Street Reconstruction Total Project Cost: $1,350,000 Bruce Loney Street Construction 2012 2013 2014 2015 2016 A. Expenditure Items: Land & ROW 1,100,000 Construction Improvements 250,000 Engineering /Admin. 1,350,000 Total B. Fundin Source: General Fund Capital Improvement Fund Park Reserve Fund Grants (specify) 260,000 (SPUC) Donations (specify) State Aid 240,000 Assessments 240,000 Sanitary Sewer Fund -Base Sanitary Sewer Fund -Trunk 50,000 Storm Drainage Fund -Base Storm Drainage Fund -Trunk 560,000 Tax Levy 1,350,000 Total Description: Street, sanitary sewer, storm sewer and watermain reconstruction on 3rd x ` CSAH 17 to Spencer Street and on Minnesota Street, from 3rd Avenue, from Avenue to C. R. 101. z Justification: To continue with the rehabilitation of the City's infrastructure in the older sections of the Community. t � L Other Comments Y i a„ t Operating Costs: PROJECT LOCATION Bruce Loney Expenditure Items: Land & ROW Construction Improvements 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 Stone Drainage Fund -Trunk Tax Levv City of Shakc Project Type: Street Construction Concrete Alleys ccec -wio 320,000 210,000 210,000 existing alleys with concrete pavement. rehabilitate existing alleys and improve drainage. location has not been determined. PROJECT LOCATION Park Asset Fund Project List 2012 - 2016 Capital Improvement Program City of Shakopee, MN Project Cost Funding Source 2012 2013 2014 2015 2016 Trail Overlays $110,000 Park Asset Fund $20,000 $20,000 $20,000 $20,000 $30,000 Fence Replacement $75,000 Park Asset Fund $15,000 $15,000 $15,000 $15,000 $25,000 Tahpah Shelter $20,000 Park Asset Fund $20,000 Log Cabin $50,000 Park Asset Fund $50,000 Lion's Tennis Court $350,000 Park Asset Fund $350,000 Schleper Field Lights $90,000 Park Asset Fund $90,000 $50,000 Playground Equipment $50,000 $40,000 Skate Park $40,000 $385,000 $125,000 $145,000 $55,000 $85,000 Total: Capital Improvement Fund Projected Fund Levels 2012 -2016 Capital Improvement Program City of Shakopee, Minnesota REVENUES: Tax Levy Tax Levy - Bond Special Assessments Intergovernmental SPUC Interest Total Revenue 2012 2013 2014 $ 200,000 $ 400,000 $ 500,000 272,450 50,000 83,000 650,000 650,000 650,000 11 8.520 121.970 107,270 EXPENDITURES: Expenditures per List CIF CR 18 Trail 100,000 CR 101 Trail Ext 12th Ave Trail Trunk Sewer S of Valley View Independence Or CR 17 Expansion CR 83 pmt (2009 county project) Concrete Alleys Sealcoat/Crack seal - Currently General Fund program Overlay _.. ...4,460,000 40,000 2015 2016 $ 600,000 $ 700,000 129,000 650,000 650,000 119,530 116,490 1,498,530 1,466,490 200,000 300,000 ...:1,770,000 - .._1,050,000 1,330,000 .930,000 Reclamation Total Expenditures 1,560,000 1,810,000 1,050,000 1,830,000 930,000 OTHER FINANCING SOURCE (USE) Transfers In Sewer Storm Transfers Out 200,000 210,000 Total Other Financing Source (Use) - - 200,000 210,000 - Excess (Deficiency) (321,030) (588,030) 490,270 (121,470) 536,490 Cash Balance January 1 5,200,000 4,878,970 4,290,940 4,781,210 4,659,740 Balance 12131 $ 4,878,970 $ 4290940 $ 4,781,210 $ 4,659,740 $ 5,196,230 Interest is calculated @ 2.5% on the prior years ending fund balance Park Asset Fund Projected Fund Levels 2012 -2016 Capital Improvement Program City of Shakopee, Minnesota REVENUES: Park Asset charges Interest Transfer In Total Revenue 2012 2013 2014 2015 2016 $ 171,680 $ 175,000 $ 175,000 $ 175,000 $ 175,000 0 20,250 23,010 18,330 20,040 171,680 195,250 198,010 193,330 195,040 EXPENDITURES: Expenditures per List -PARKS Total Expenditures Excess (Deficiency) Cash Balance January 1* 55,000 85,000 385,000 125,000 145,000 55,000 85,000 385,000 125,000 145,000 116,680 110,250 (186,990) 68,330 50,040 810,000 920,250 733,260 801,590 Balance 12131 $ 810,000 $ 920,250 $ 733,260 $ 801,590 $ 851,630 Estimated Accumulated Depreciation $ 400,000 $ 800,000 $ 1,200,000 $ 1,600,000 $ 2,000,000 Percent Funded 203% 115% 61% 50% 43% * Balance equals cash balance per cash flow projection with project carry forward. Interest is calculated @ 3.0% on the prior years ending fund balance H: \BUDGET \Budgetl2 \201 -2016 park asset summary (4) Page 1