Loading...
HomeMy WebLinkAbout9B - 2005-2009 CIP 16200 Eagle Creek Avenue S.E, Prior Lake, MN 55372-1714 STAFF AGENDA REPORT MEETING DATE: AGENDA #: PREPARED BY: AGENDA ITEM: MAY 17,2004 9B RALPH TESCHNER, FINANCE DIRECTOR CONSIDER APPROVAL OF A RESOLUTION APPROVING THE 2005- 2009 CAPITAL IMPROVEMENT PROGRAM (CIP) INTRODUCTION: This agenda item is an informational hearing on the proposed projects within the 2005-2009 Capital Improvement Program. A "public hearing" is not required by state statute however the aforementioned hearing will provide our residents an opportunity to make recommendations and comment on particular projects, DISCUSSION: History Annually the City prepares a capital improvement program (CIP). The CIP is designed to identify infrastructure improvements and funding sources therefore that are necessary as a result of primarily two factors; community growth and infrastructure maintenance and replacement. Such projects include City initiated improvements, county and state road improvements and improvements requested by developers. In some cases they involve financial responsibility on behalf of Prior Lake, while in others they may not. In addition, an Equipment Matrix is included which identifies the City's equipment needs and establishes a regular replacement schedule. Earlier a draft copy of the 2005-2009 Capital Improvement Program was distributed for your review so you would have more opportunity to become familiar with the proposed projects. Within the CIP are condensed project summary sheets (see inserts entitled "Capsule Project Summary") that present a list of projects by year along with a financing source recap, the City's specific share of the project cost and the estimated tax impact of each year's projects. This capsule summary should be helpful for the Council to refer back and forth between years as a quick reference guide. Also included is a condensed financial analysis entitled "Financing Funds Projection" that matches revenue sources with the five year CIP construction demands showing the beginning and the ending position of those capital funds which provide the underlying financing of the projects. On May 3, 2004 a work session was conducted whereby the Council had the opportunity to review, discuss and provide direction to Staff on specific items the Council wished to change. These included moving up the satellite fire station from 2007 to 2005 and reaffirming the construction of the new city hall/police facility in 2006. There was consensus by the Council with www.cityofpriorlake.com Phone 952.447.4230 / Fax 952.447.4245 respect to the 2005 proposed projects with the program improvements for the remaining years supported by the council as a whole. Current Circumstances At the conclusion of the work session, Staff updated the CIP document to reflect the major change regarding the satellite fire station as a result of the increasing response time being experienced by the volunteer fire personnel in getting to the central fire station. Such times were approaching 12-14 minutes. In addition the financing of the fire station is anticipated to be funded through the issuance of lease purchase bonds that allows for a quicker turn around time for completing construction once the land is dedicated as part of the Jeffers plat. ......................................................................-.......................................................................................................................-..................................................-...--....................---...............................................-................., I General Government I l t.............,..........................................................................................................-................-.-................-...-.......................................-.....--................._..._...__....._.........._..........__......_.. I -I Affirmation of the city hall/police facility to remain on schedule for I:~i ~~:==:==~=:==--======1 I Fire Department I 1 ,......................................................-.............................................................._.......J................................................_......................................................................-......-..................-...................-...................................-1 I -I Move up the fire station from 2007 to 2005. 1.............1..........................................................................................................................._................_._........................................................................_..._...._............_...........___......................._..............._....... Enclosed is a revised Capsule Project Summary that presents a list of all the proposed 2005-09 CIP projects as amended. It is important for the Council to recognize that the document is a flexible planning tool that is affected by the actions of a number of governmental agencies (State, County and Shakopee Mdewakanton Dakota Community). The Council should critically review those projects proposed for 2005. Those improvements selected for bonding will affect the property taxes payable in 2006. Council should remember that the school district and county will also influence the level of taxes through their annual levies and periodic referendums and bond issues. Those programs which are not deemed to be of high priority (particularly in 2005) should be eliminated now so they do not generate public expectation and also to avoid unnecessary City effort and expense. Issues Historically the TH 13 intersections have been a high priority of the Council for obvious reasons, However due to the commitment of our municipal state aid funds for the Ring Road, downtown redevelopment and major county road cooperative projects involving CSAH 82 and 12 and the general lack of state funding the remaining intersection improvements such as at Oakland Beach, 150th Street and CSAH 21 corridor improvements are presently unfunded. Also in an effort to complete those major improvement projects identified above advanced borrowing of our annual MSAS allotment will become necessary. Conclusion At the meeting the appropriate department heads will be present to answer further questions about the Capital Improvement Program. Following Council approval of the Capital Improvement Program, Engineering staff H: \CIP\Cipagenda.doc 2 ALTERNATIVES: RECOMMENDATION: RECOMMENDED MOTION: REVIEWED BY: Attachments: H:\CIP\Cipagenda.doc The following alternatives are available for Council consideration: 1. Approve the proposed 2005-2009 Capital Improvement Program as submitted. 2, Provide direction to the staff to modify the proposed program to mitigate annual tax increases while insuring appropriate maintenance of public infrastructure. 3. Amend the 2005-2009 Capital Improvement Program as per Council determination. Staff recommends Alternative #1. While it is important that the Capital Improvement Program be adopted expeditiously, it is equally important that the Council be comfortable and supportive of the proposed projects and their tax consequences. Once the CIP is approved the Engineering Department will return to the Council for authorization to begin the feasibility study for those projects scheduled for 2005. Approving the 2005-2009 Capital on pr ving the 2005-2009 Capital Improvement Program apsule Project Summary" 4 16200 Eagle Creek Avenue S.E, Prior Lake, MN 55372-1714 RESOLUTION 04-XX RESOLUTION APPROVING THE 2005-2009 CAPITAL IMPROVEMENT PROGRAM MOTION BY: SECOND BY: WHEREAS, The purpose of a Capital Improvement Program is to protect the infrastructure of the City of Prior Lake by establishing a replacement plan for existing infrastructure and to identify those improvements necessary to accommodate the growth of the community; and WHEREAS, An Equipment Matrix has been incorporated into the Capital Improvement Program which is intended to identify the City's equipment needs and provide a regular replacement schedule; and WHEREAS, The Capital Improvement Program is a flexible planning document that attempts to balance the financial resources of the City with its needs; and WHEREAS, The establishment of a Capital Improvement Program will provide appropriate information to manage capital change within the City of Prior Lake; and WHEREAS, It is intended for the Capital Improvement Program to be established for a period of five (5) years and to be updated annually; and WHEREAS, the City Council carefully reviewed each element of the Capital Improvement Program at a work session on May 3, 2004 and suggested amendments to the document. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, that the 2005-2009 Capital Improvement Program is hereby approved. Passed and adopted this 17th day of May 2004. YES NO Haugen Blomberg LeMair Petersen Zieska Haugen Blomberg LeMair Petersen Zieska {Seal} City Manager City of Prior Lake www.cityofpriorlake.com H: \CIP\CIP05res.doc Phone 952.447.4230 / Fax 952.447.4245 CAPSULE PROJECT SUMMARY 5/4104 2005 CIP PROJECTS City Cost Project Description Project Amount Financing Tax Impact QQllar. Perr.ent:'lOe Fire Department (Buildinos & Planf) 1. Satellite Fire Station/110' Ladder Platform Fire Truck 2,000.000.00 1,500,000.00 b.b. 500,000.00 g.r. Transit 2. Park & Ride Lot Acquisition 250,000.00 250,000.00 I.g. Park Department (Deve/onmenfl 3. Park Entrance Signs 5,000.00 5,000.00 c.p. 4. Sand Point Beach Curb 5,000.00 5,000.00 c.p. 5. Pleasure Rink Lights 10,000.00 10,000.00 c.p. 6. Tree Planting Program 10,000.00 10,000.00 c.p. 7. Softball Backstops 10,000.00 10,000.00 c.p. 8. Park Appurtenant Equipment 15,000.00 15,000.00 c.p. 9. Basketball Courts - Sand Point, Wilds North, Hawk Ridge 20,000.00 20,000.00 c.p. 10. Ponds Concession Stand Addition/Bathroom Upgrade 35,000.00 35,000.00 c.p. 11. Gazebo - Woods at the Wilds, Meadow View 40,000.00 40,000.00 c.p. 12. Picnic Shelters (4) - CardinallNorthwood/Ponds/Hawk Rdg 80,000.00 80,000.00 c.p. 13. Playground Equipment - Sand Point Beach, Hawk Ridg 115,000.00 115,000.00 c.p. (Ir;JilsJ. 14. Hawk Ridge & Jeffers Pond 95,000.00 95,000.00 c.p. Public Works (Build/nos & Plantl 15. Lift Station Telemetry 25,000.00 25,000.00 uJ. 16. Lift Station Renovation 345,000.00 345,000.00 uJ. 17. Lift Station - Stemmer Development 200,000.00 200,000.00 t.r. 18. Lift Station - Meadow View Development 200,000.00 200,000.00 t.r. 19. Municipal Well 500,000.00 500,000.00 t.r. (/momvementsl 20. Centennial Street Reconstruction 75,000.00 75,000.00 s.a. 21. Sanitary Sewer Replacement (Franklin Trail) 95,000.00 95,000.00 u.f. 22. Street Overlay (Willows area) 100,000.00 100,000.00 o.b. 23. Trunk Watermain (CSAH 42 from cSAH 83 to W. Limit) 125,000.00 125,000.00 t.r. 24. Fountain Hills Drive to McKenna thru Jeffers Develop. 200,000.00 200,000.00 c.S. 25. Trunk Watermain (CSAH 18) 200,000.00 200,000.00 t.r. 26. Prior Lake Outlet Channel Repairs 300,000.00 300,000.00 t.r. 27. Trunk Sanitary Sewer Replacement (Duluth area N. of TH 400,000.00 400,000.00 u.f. 28. CSAH 82 Reconstruction 3,625,000.00 50,000.00 S.w. 1,000,000.00 m.s. 2,575,000.00 t.r. 29. Fish Point Rd/Fairlawn West Reconstruction 3,535,000.00 1,300,000.00 21.40 2.92% 800,000.00 s.a 1,435,000.00 u.f. Water Resources flmomvementsl 30. Undesirable Fish Containment Program 5,000.00 5,000.00 S.w. 31. Pondweed Removal Program 5,000.00 5,000.00 S.w. 32. Pleasant Street Drainage Improvements 20,000.00 20,000.00 S.w. 33. Lake Bank Stabilization 20,000.00 20,000.00 S.w. 34. Storm Water Pond Dredging 20,000.00 20,000.00 S.w. 35. Storm Drainage Improvements ~ ~ s.w. Totals ... 12.765,000.00 12,765,000.00 Financing Source Summary Project Amount Tax Impact D.allaI: Percentaae $ Project Tax Levy 1,300,000.00 $21.40 2.92% a.b. Operating Budget 100,000.00 g.r. Grant Contribution 500,000.00 u.f. Sewer & Water Utility Fund 2,300,000.00 s.w. Storm Water Utility Fund 200,000.00 c.p. Capital Park Fund 440,000.00 t.r. Trunk Reserve Fund 4,100,000.00 C.S. Collector Street Fund 200,000.00 m.s. Municipal State Aid 1,000,000.00 s.a. Special Assessments 875,000.00 i.g. Intergovernmental 250.000.00 b.b. G.O. Building Bonds 1 500 000 00 Totals ... 12,765,000.00 8 CAPSULE PROJECT SUMMARY 5/4/04 2007 CIP PROJECTS City Cost Project Description Project Amount Financing Tax Impact Q.Ql!.aL Percentaae Park Department Weve/ooment) 1. Park Entrance Signs 5,000.00 5,000.00 c.p. 2. Softball Backstops 5,000.00 5,000.00 c.p. 3. Basketball Courts - Stemmer Development 5,000.00 5,000.00 c.p. 4. Pleasure Rink lights 10,000.00 10,000.00 c.p. 5. Tree Planting Program 10,000.00 10,000.00 c.p. 6. Park Appurtenant Equipment 15,000.00 15,000.00 c,p. 7. Gazebo - Markely Lake 20,000.00 20,000.00 C,p. 8. Picnic Shelters (3) - Jeffers/Watzl's/Stemmer 60,000.00 60,000.00 C.p. 9. Hockey Rink w/lights 65,000.00 65,000.00 c.p. 10. Playground Equipment - Watzl's & Stemmer 55,000.00 55,000.00 c.p. CD:ml 11. Markley Lake & Stemmer Development 60,000.00 60,000.00 c.p. Public Works (Buildinas & Plant) 12. lift Station Telemetry 20,000.00 20,000.00 u.f. 13. lift Station Renovation 385,000.00 385,000.00 u.f. flmorovements) 14. Street Overlay (Sand Point area I) 100,000.00 100,000.00 o.b. 15. Collector Street (Stemmer N. to CSAH 82) 250,000.00 250,000.00 C.s. 16. Fish Point Road extension to CSAH 21 250,000.00 50,000.00 t.r. 200,000.00 C.s. 17. Industrial Park Sewer & Water Extension 2,200,000.00 200,000,00 t.r. 2,000,000,00 s.a. 18. CSAH 21 N. Coop Share 790,000.00 90,000,00 g.1. 300,000.00 C.s. 400,000.00 t.r. 19. Shady Beach Street Phase II Reconstruction 1,700,000.00 800,000.00 12.60 1.64% 500,000.00 s.a 400,000.00 u.1. Water Resources (Imorovements) 20. Undesirable Fish Containment Program 5,000.00 5,000.00 S.w. 21. Pondweed Removal Program 5,000.00 5,000.00 S.w. 22, Lake Bank Stabilization 20,000.00 20,000.00 S.w. 23. Storm Water Pond Dredging 20,000.00 20,000.00 S.w. 24. Woodside Road Pond 60,000.00 60,000,00 S.w. 25. Storm Drainage Improvements 80 000 00 80 000 00 s,w. Totals ... 6,195,000.00 6,195,000.00 Financing Source Summary Project Amount Tax Impact QQllar Percentage $ Project Tax Levy 800,000.00 $12.60 1.64% o.b. Operating Budget 100,000,00 g.1. General Fund 90,000,00 u.1. Sewer & Water Utility Fund 805,000.00 s.w. Storm Water Utility Fund 190,000.00 c.p. Capital Park Fund 310,000.00 t.r. Trunk Reserve Fund 650,000.00 c.s. Collector Street Fund 750,000.00 s.a. Special Assessments 2 500 000 00 Totals ... 6,195,000.00 10 CAPSULE PROJECT SUMMARY 5/4/04 2008 CIP PROJECTS City Cost Project Description Project Amount Financing Tax Impact QQllar. Percentage Park Department (DeveloDmenO 1. Park Entrance Signs 5,000.00 5,000.00 c.p. 2. Softball Backstops 5,000,00 5,000.00 c.p. 3. Basketball Courts 5,000.00 5,000.00 c.p. 4. Pleasure Rink Lights 10,000.00 10,000.00 c,p. 5. Tree Planting Program 10,000.00 10,000.00 c.p. 6. Park Appurtenant Equipment 15,000.00 15,000,00 c.p. 7. Picnic Shelters 20,000,00 20,000,00 c.p. 8. Sand Point Beach Boat Slips 30,000.00 30,000.00 c.p. 9. Playground Equipment 35,000.00 35,000.00 c.p. ~ 10. Annexation Area 30,000.00 30,000.00 c.p. Public Works (lmDrovements) 11. Traffic/Feasibility Study (TH 13 & 150th Street) 90,000.00 30,000.00 C.s. 60,000.00 I.g. 12. Street Overlay (Sand Point II area) 100,000.00 100,000.00 o.b. 13. Collector Street (Stemmer N. to cSAH 82) 250,000,00 250,000.00 c,s. 14. cSAH 42 W. Coop Share 340,000.00 90,000.00 gJ. 250,000.00 c.S. 15. Trunk Sanitary Sewer Extension N. of cSAH 42 1,000,000.00 1,000,000.00 t.r. 16, Credit River/Grainwood Reconstruction 2,500,000.00 1,000,000.00 15.40 1.98% 700,000.00 s.a 800,000.00 uJ. Water Resources (Improvements) 17. Undesirable Fish Containment Program 5,000.00 5,000.00 S.w. 18. Pondweed Removal Program 5,000.00 5,000.00 s,w. 19. Lake Bank Stabilization 20,000.00 20,000.00 S.w. 20. Storm Water Pond Dredging 20,000.00 20,000.00 S.w. 21. Prior Lake Alum Treatment 50,000.00 50,000.00 S.w. 22. Storm Drainage Improvements 80 000 00 80 000 00 S.w. Totals ... 4,625,000.00 4,625,000.00 Financing Source Summary Project Amount Tax Impact QQJJ.ar Percentage $ Project Tax Levy 1,000,000.00 $15.40 1.98% o.b. Operating Budget 100,000,00 g.f. General Fund 90,000.00 u.f. Sewer & Water Utility Fund 800,000.00 s.w. Storm Water Utility Fund 180,000.00 c.p. Capital Park Fund 165,000.00 t.r. Trunk Reserve Fund 1,000,000,00 c.s. Collector Street Fund 530,000.00 s.a. Special Assessments 700,000.00 Lg. Intergovernmental 60 000 00 Totals ... 4,625,000.00 11 12 CAPSULE PROJECT SUMMARY 5/4/04 2005-09 CIP PROJECT FINANCING SOURCE TOTALS Financing Source Amount $ Project Tax Levy 5,200,000.00 o.b. General Fund Operating Budget 500,000.00 g.f. General Fund Balance 3,270,000.00 u.f. Sewer & Water Utility Fund 5,425,000.00 s.w. Storm Water Utility Fund 830,000.00 c.p. Capital Park Fund 1,440,000.00 t.r. Trunk Reserve Fund 8,000,000.00 c.s. Collector Street Fund 3,130,000.00 m.s. Municipal State Aid Fund 2,500,000.00 s.a. Special Assessments 6,250,000.00 g.r. Grant/Contributions 500,000.00 i.g. Intergovernmental 310,000.00 g.o. G.O. Referendum Bonds 3,000,000.00 w.r. Water Revenue Bonds 6,000,000.00 g.o. G.O. Building Bonds 11 a500~000.00 Totals ... 57,855,000.00 13