Loading...
HomeMy WebLinkAbout7A Street Recon Plan Public Hearing Report 4646 Dakota Street SE Prior Lake, MN 55372 CITY COUNCIL AGENDA REPORT MEETING DATE: JANUARY 21, 2020 AGENDA #: 7A PREPARED BY: CATHY ERICKSON, FINANCE DIRECTOR ANDY BROTZLER, PUBLIC WORKS DIRECTOR PRESENTED BY: CATHY ERICKSON AGENDA ITEM: CONDUCT A PUBLIC HEARING TO CONSIDER APPROVAL OF THE 2020- 2024 STREET RECONSTRUCTION PLAN DISCUSSION: Introduction The purpose of this agenda item is for the City Council to conduct a public hearing on the proposed projects within the 2020-2024 Street Reconstruction Plan. Be- cause the Street Reconstruction Plan proposes to utilize bonds issued under State Statute 475.58 for street reconstruction, a public hearing for purposes of re- viewing the proposed street reconstruction plan is required. History The Council adopted the 2020-2024 CIP on August 5, 2019 (See Attachment 4). The CIP is designed to identify infrastructure improvements and the associated funding sources needed due to ongoing maintenance, repair and community growth. The Transportation Plan portion of the CIP is a long-term (2020-2029) planning document that identifies the major roadway improvements involving both new and reconstruction projects that need to be coordinated with Scott County. The Transportation Plan is shown on page 23 of the 2020-2024 CIP document (Attachment 4). The Street Reconstruction Plan is a part of the overall City CIP Transportation Plan and is reviewed annually as projects in the Transportation Plan are updated. Current Circumstances A public hearing is being held today to receive public input on the adoption of the up- dated 2020-2024 Street Reconstruction Plan. As identified in the Transportation Plan of the 2020-2024 CIP, Staff is proposing the use of street reconstruction bonds (under State Statutes 475.58) to finance the following two projects: CSAH 42 (CR83 to CR17): A widening of CSAH 42 from CSAH 83 to CSAH 17 to four lanes with center medians and trail. The City has a relatively small cost partici- pation on this project as the majority of the project is adjacent to the City of Shakopee and the Shakopee Mdewakanton Sioux Community. The tax levy impact of the project is estimated to be $155,600. Northwood Road (Knollridge to CSAH 12) (1994): A full street and utility reconstruc- tion project. The project encompasses replacement of the sanitary sewer, forcemain, watermain, storm sewer, street and adjacent sidewalk. 2 The tax levy impact of the project is estimated to be $3,578,500 depending on the fi- nal design, construction cost environment in 2023, etc. The proposed 2020-2024 Street Reconstruction Plan (Attachment 1) would replace the 2017-2021 Amended Street Reconstruction Plan (Attachment 3) to reflect these projects that may be financed with street reconstruction bonds. Conclusion The City Council should hear the staff report regarding the proposed Street Re- construction Plan. Following Council questions to staff and the public hearing, the Council should then consider approving the resolution authorizing the 2020-2024 Street Reconstruction Plan as presented or with any recommended changes. By approving the Amended Street Reconstruction Plan as part of the Transporta- tion Plan the City Council will be able to issue Street Reconstruction bonds for these projects should it desire. ISSUES: There are two key issues relating to the Street Reconstruction Plan and the subse- quent issuance of Street Reconstruction bonds. The first issue is that the Street Re- construction Plan must be approved by a vote of a two-thirds majority of the mem- bers of the governing body present at the meeting following a public hearing (four of the five Council members present). The second issue is that if within 30 days of the Public Hearing a petition signed by at least 5% of the votes cast in the last municipal election is received, the City may only issue Street Reconstruction bonds after approval of a referendum in accordance with State Statute. Approval of the Street Reconstruction Plan does not constitute final project or pur- chase approval. Projects and all purchases over $20,000 will come back to the City Council for subsequent approvals. All future bonding decisions are approved by the City Council, as well. FINANCIAL IMPACT: The 2020-2024 CIP includes projects that are funded by bond proceeds. Bonds are issued for the project costs that the City is funding through tax levies as well as the costs that are specially assessed to property owners. The CIP anticipates the issu- ance of $3,300,000 in bonding for projects in the Street Reconstruction Plan of the Transportation Plan for 2020-2024. See Attachment 1 for the proposed 2020-2024 Street Reconstruction Plan. ALTERNATIVES: The following alternatives are available to the City Council: 1. Motion and Second to approve the 2020-2024 Street Reconstruction Plan Resolution as presented or; 2. Motion and Second to approve the Street Reconstruction Plan Resolution ac- cording to specific Council changes. RECOMMENDED MOTION: Alternative #1 3 REPORTS ATTACHED 1. Proposed 2020-2024 Street Reconstruction Plan 2. Resolution 20-021 approving adoption of the 2020-2024 Street Reconstruction Plan 3. 2017-2021 Amended Street Reconstruction Plan (expiring plan) 4. 2020-2024 Capital Improvement Program (Transportation Plan pg. 23) DRAFT CITY OF PRIOR LAKE, MN 2020 to 2024 STREET RECONSTRUCTION PLAN DRAFT AS OF JANUARY 21, 2020 City of Prior Lake 2020-2024 Street Reconstruction Plan Page 2 of 5 City of Prior Lake , MN 2020-2024 Street Reconstruction Plan I. Introduction The City of Prior Lake (the “City”) historically has conducted street maintenance and reconstruction as part of its annual operational budget or as part of a street improvement capital improvement project. The maintenance and reconstruction has included seal coating, mill and overlay, complete reconstruction, and other such items incidental to the maintenance of city streets. The City finds that it does not always have the resources for reconstructing streets as quickly as required, due to increased need for major reconstruction projects. Due to this fact, the City has in the past and plans to in the future finance a portion of its street reconstruction through the issuance of General Obligation Street Reconstruction Bonds. II. Statutory Authority and Requirements Minnesota Statutes, Section 475.58, Subdivision 3b (the “Act”) authorizes Minnesota cities to adopt a Street Reconstruction Plan. The Plan must cover at least a five-year period and set forth the streets to be reconstructed, the estimated costs, and any planned reconstruction of other streets in the municipality over the next five years. Street Reconstruction Bonds can be used to finance the reconstruction and bituminous overlay of existing city streets. Eligible improvements may include turn lanes and other improvements having a substantial public safety function, realignments, other modifications to intersect with state and county roads, and the local share of state and county road projects. Except in the case of turn lanes, safety improvements, realignments, intersection modifications, and the local share of state and county road projects, street reconstruction does not include the portion of project cost allocable to widening a street or adding curbs and gutters where none previously existed. Street Reconstruction Bonds are subject to the debt limit. The Act sets forth specific requirements for the issuance of Street Reconstruction Bonds, which are as follows: • The projects financed under this authority must be described in a street reconstruction plan, as described above. City of Prior Lake 2020-2024 Street Reconstruction Plan Page 3 of 5 • The city must publish notice of and hold a public hearing on the proposed plan and the related issuance of bonds. The notice must be published at least ten days but not more than 28 days prior to the hearing date. • The Plan must be approved by a vote of a two-thirds majority of the members of the governing body present at the meeting following a public hearing. • The issuance of bonds is subject to a reverse referendum. An election is required if voters equal to 5% of the votes cast in the last municipal general election file a petition with the city clerk within 30 days of the public hearing. If the city decides not to undertake an election, it may not propose the issuance of Street Reconstruction Bonds for the same purpose and in the same amount for a period of 365 days from the date of receipt of the petition. If the question of issuing the bonds is submitted and not approved by the voters, the provisions of section 475.58, subdivision 1a, shall apply (no resubmission for same purpose/amount for 180 days). III. History and Existing Street Reconstruction Bonds At the time of the approval of the Plan , the following Street Reconstruction (issued under Chapter 475) were outstanding: IV. Net Debt Limits Minnesota Statutes Section 475.53, Subd. 1 states that no municipality, except a school district or a city of the first class, shall incur or be subject to a net debt in excess of three percent of the market value of taxable property in the municipality. Bonds issued under the authority granted by this Street Reconstruction Plan are subject to the net debt limit restriction described above. The net debt capacity for the City at time of approval of the Original Plan is shown below under Statutory Debt Limit. Bond Issue Amount Outstanding $3,240,000 G.O. Bonds, Series 2011A $ 105,000 $5,780,000 G.O. Bonds, Series 2011B 180,000 $3,240,000 G.O. Bonds, Series 2013A 220,000 $2,665,000 G.O. Bonds, Series 2014A 1,170,000 $2,490,000 G.O. Taxable Bonds, Series 2015B 900,000 $3,505,000 G.O. Bonds, Series 2016A 250,000 $8,270,000 G.O. Bonds, Series 2018A 1,215,000 $2,065,000 G.O. Bonds, Series 2019A 1,450,000 Total Outstanding Street Reconstruction Bonds $ 5,490,000 City of Prior Lake 2020-2024 Street Reconstruction Plan Page 4 of 5 Statutory Debt Limit1 Minnesota Statutes, Section 475.53 states that a city or county may not incur or be subject to a net debt in excess of three percent (3%) of its estimated market value. Net debt is, with limited exceptions, debt paid solely from ad valorem taxes. At time of approval of the proposed Plan the City’s Statutory Debt Limit is as follows: Computation of Legal Debt Margin as of January 2, 2019: The Plan provides for the issuance of a not to exceed amount of $3,300,000 in General Obligation Street Reconstruction Bonds between January 21, 2020 and December 31, 2024. (The maximum amount includes estimated cost of issuance of bonds and rounding). The proposed bond issuance is within the current City’s Legal Debt Margin, as of the date of adoption of the Plan. V. Proposed Street Reconstruction and Cost Estimate 2018/2019 Estimated Market Value $3,583,744,800 Multiplied by 3% x 0.03 Statutory Debt Limit $ 107,512,344 $3,240,000 G.O. Bonds, Series 2011AError! Bookmark not defined. (105,000) $5,780,000 G.O. Bonds, Series 2011B (3,000,000) $9,825,000 G.O. Capital Improvement Plan Bonds, Series 2012A (6,440,000) $3,240,000 G.O. Bonds, Series 2013A (220,000) $2,665,000 G.O. Bonds, Series 2014A (1,170,000) $2,490,000 Taxable G.O. Bonds, Series 2015B (900,000) $3,630,000 G.O. Bonds, Series 2016A (490,000) $4,505,000 G.O. Bonds, Series 2017A (275,000) $8,270,000 G.O. Bonds, Series 2018A (2,260,000) $2,065,000 G.O. Bonds, Series 2019A (1,665,000) Less outstanding debt applicable to debt limit: ($ 16,525,000) Legal debt margin $ 90,987,344 City of Prior Lake 2020-2024 Street Reconstruction Plan Page 5 of 5 The Plan is detailed in Table A. The City reserves the right to adjust the amount of annual spending between years, as long as the overall 2020 to 2024 Street Reconstruction Plan is not increased. CITY OF PRIOR LAKE 2020-2024 STREET RECONSTRUCTION PLAN AMOUNTS January 1, 2020 through December 31, 2020 CSAH 42 (CR83 to CR17)$200,000 TOTAL 2020 $200,000 January 1, 2021 through December 31, 2021 TOTAL 2021 $0 January 1, 2022 through December 31, 2022 TOTAL 2022 $0 January 1, 2023 through December 31, 2023 Northwood Road (Knollridge to CSAH 12) (1994)$3,000,000 TOTAL 2023 $3,000,000 January 1, 2024 through December 31, 2024 TOTAL 2024 $0 GRAND TOTAL (1/1/2020 THROUGH 12/31/2024)3,200,000 Bond Issuance Costs, Capitalized Interest, and Rounding $100,000 GRAND TOTAL $3,300,000 TABLE A 12254497v2 EXTRACT OF MINUTES OF A MEETING OF THE CITY COUNCIL OF THE CITY OF PRIOR LAKE, MINNESOTA HELD: January 21, 2020 Pursuant to due call, a regular or special meeting of the City Council of the City of Prior Lake, Scott County, Minnesota, was duly held at the city hall on January 21, 2020, at 7:00 p.m., for the purpose, in part, of adopting a street reconstruction plan and authorizing issuance of street reconstruction bonds. The following members were present: and the following were absent: Member ______________ introduced the following resolution and moved its adoption: RESOLUTION 20-020 RESOLUTION ADOPTING A STREET RECONSTRUCTION PLAN AND APPROVING THE ISSUANCE OF GENERAL OBLIGATION STREET RECONSTRUCTION BONDS WHEREAS, the City of Prior Lake, Minnesota (the "City"), has determined that it is in the best interest of the City to authorize the issuance and sale of general obligation street reconstruction bonds pursuant to Minnesota Statutes, Section 475.58, subdivision 3b, as amended (the "Act"), to finance the cost of street reconstruction projects, as described in the proposed street reconstruction plan described below, a copy of which is on file in the City Manager's office; and WHEREAS, pursuant to the Act, the City is authorized to issue and sell general obligation street reconstruction bonds for street reconstruction under the circumstances and within the limitations set forth in the Act. The Act provides that a street reconstruction plan may be financed with general obligation street reconstruction bonds, following adoption of a street reconstruction plan, after a public hearing on the street reconstruction plan and on the issuance of general obligation street reconstruction bonds and other proceedings conducted in accordance with the requirements of the Act; and WHEREAS, pursuant to the Act, the City has prepared a five year street reconstruction plan, which describes the streets to be reconstructed, the estimated costs and any planned reconstruction of other streets in the City, including the issuance of general obligation street reconstruction bonds under the Act (the "Plan"), to determine the funding strategy for street reconstruction projects; and WHEREAS, on January 21, 2020, the City Council held a public hearing on the adoption of the Plan and the issuance of not to exceed $3,300,000 general obligation street reconstruction bonds (the "Bonds") under the Plan for street reconstruction improvements to those streets described in the Plan (the "Street Reconstruction Projects") after publication of the notice of 12254497v2 2 public hearing not less than 10 days nor more than 28 days prior to the date thereof in the City's official newspaper; and WHEREAS, all parties who appeared at the public hearing were given an opportunity to express their views with respect to the proposal to adopt the Plan and to undertake and finance the Street Reconstruction Projects by the issuance of Bonds and any written comments submitted prior to the public hearing were considered. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Prior Lake, Minnesota, as follows: 1. City Policies and Goals. The financing of the Street Reconstruction Projects and the issuance and sale of the Bonds would further the policies and goals of the City as set forth in the Plan, hereby adopted by the City Council in connection with the issuance of the Bonds. 2. Public Hearing Notice. The City Council hereby ratifies the actions of the City Manager in causing the publication of the Notice of Public Hearing to be published in the City's official newspaper as required by law. 3. Adoption of Street Reconstruction Plan. Based on information received at the public hearing, such written comments (if any) and such other facts and circumstances as the City Council deems relevant, it is hereby found, determined and declared that: (a) the Street Reconstruction Projects proposed in the Plan will allow the City to upgrade its transportation infrastructure to accommodate anticipated and existing residential and commercial development; and (b) the Plan is hereby approved and adopted in the form presently on file with the City. 4. Authorization and Approval of Bonds. The City is hereby authorized to issue the Bonds, the proceeds of which will be used, together with any additional funds of the City which might be required, to finance certain costs of the Street Reconstruction Projects and to pay costs of issuance of the Bonds. 5. Execution of Documents. The Mayor and City Manager are authorized and directed to execute such other documents and instruments as may be required to give effect to the transactions herein contemplated. 6. Voter Referendum Contingency. Pursuant to the Act, a petition requesting a vote on the question of issuing the Bonds, signed by voters equal to five percent of the votes cast in the last municipal general election, may be filed within thirty days of the public hearing. Upon receipt of such petition within the prescribed time period, the City may issue the Bonds only after obtaining the approval of a majority of the voters voting on the question of the issuance of the Bonds. The authorizations and approvals contained herein are subject to and contingent upon not receiving such a petition, or, in the event such a petition is filed, the approving vote of a majority of the voters voting on the question of the issuance of the Bonds. 12254497v2 3 The motion for the adoption of the foregoing resolution was duly seconded by member _____________ and, after a full discussion thereof and upon a vote being taken thereon, the following voted in favor thereof: and the following voted against the same: Whereupon the resolution was declared duly passed and adopted. PASSED AND ADOPTED THIS 21th DAY OF JANUARY 2020 VOTE Briggs Thompson Burkart Braid Erickson Aye ☐ ☐ ☐ ☐ ☐ Nay ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ [Bonds must be approved by at least a two-thirds vote of the membership present.] [Issuance of Bonds is subject to a 30-dayreverse referendum after the public hearing.] 12254497v2 4 STATE OF MINNESOTA COUNTY OF SCOTT CITY OF PRIOR LAKE I, the undersigned, being the duly qualified and acting City Manager of the City of Prior Lake, Minnesota, do hereby certify that I have compared the attached and foregoing extract of minutes with the original thereof on file in my office, and that the same is a full, true and complete transcript of the minutes of a meeting of the City Council, duly called and held on the date therein indicated, insofar as such minutes relate to adopting a street reconstruction plan and the issuance of general obligation street reconstruction bonds. WITNESS my hand on January __, 2020. ________________________________ City Manager Capital Improvement Program 2020 - 2024 4646 Dakota Street SE Prior Lake, MN 55372 Date: December 2, 2019 To: Mayor Briggs, Council Members and Residents of Prior Lake From: Jason Wedel, City Manager Subject: 2020-2024 Capital Improvement Program The City plans for capital maintenance and improvements by preparing a five-year capital improvement program (often referred to as the CIP). The CIP represents a framework for planning, constructing and maintaining the community’s ½ billion dollars of infrastructure including streets, trails, parks, equipment, water, sewer, and public buildings. Prior Lake’s five-year Capital Improvement Program supports the City’s goals as identified by the City Council in the 2040 Vision and Strategic Plan and discussed during the annual budget process. (See the 2040 Vision and Strategic Fact Sheet attached). The CIP is updated, evaluated and approved each year by the City Council as projects are completed and priorities change. The purpose of the CIP is to assure that funds are available when projects are required to meet community needs. The CIP is an important tool to maintain and provide consistent investment in City equipment, facilities, and infrastructure and an important element of responsible fiscal management. www.cityofpriorlake.com /CityofPriorLake 2040 VISION AND STRATEGIC PLAN Prior Lake is a vibrant and welcoming life-long community, offering a high-quality of life and small-town feel. Establish financial stability for all funds. Design a comprehensive funding strategy for capital needs. Ensure sufficient resources and staffing to meet service demands. Attract, retain and train a high caliber workforce to ensure high-quality services. Grow collaborations to provide efficient and cost-effective services to the community. Seek community engagement through a variety of communication methods to reach all residents. 1 2 3 4 5 6 1 2 3 4 5 GOAL: PUBLIC SAFETY Objectives: Strengthen collaboration between police and local communities to reduce crime and increase trust. Enhance partnerships with community and public safety entities. Promote traffic safety through education, enforcement and engineering. Ensure a safe and quality built environment. Address threats to community standards through code enforcement. GOAL: HIGH-VALUE CITY SERVICES Objectives: GOAL: DESIRABLE & SUSTAINABLE DEVELOPMENT Objectives: 4646 Dakota St. SE Prior Lake, MN 55372-1714 (952) 447-9800 Intentional land use planning that facilitates commercial development for an expanded taxbase. Preserve and enhance Prior Lake’s small-town feel. Explore ways to encourage downtown as a vibrant destination. Encourage development and preservation of quality life-cycle residential housing options. Create appealing public spaces and transportation corridors to bring people together and foster a sense of place. 1 2 3 4 5 GOAL: TRANSPORTATION & MOBILITY Objectives: Maintain quality local street system based on a financially stable plan that meets Overall Condition Index targets. Promote neighborhood connectivity and safety through development and street reconstruction projects. Integrate trails to link neighborhoods with city and regional assets. Support complete street designs that ensure pedestrian mobility and multi-modal transportation options. Focus on key corridors that take advantage of collaboration with state and county projects. 1 2 3 4 5 GOAL: ENVIRONMENTAL STEWARDSHIP & RECREATION Objectives: Provide clean and safe drinking water for the community and protect drinking water sources. Protect and enhance the quality of Prior Lake’s surface waters. Develop recreation opportunities and park amenities for all stages of life and interests. Provide public spaces and amenities that attract the community to our natural environment. Employ emerging technologies to preserve and protect our natural resources. 1 2 3 4 5 Adopted on August 6, 2018 2020-2024 CAPITAL IMPROVEMENT PROGRAM Adopted August 05, 2019 by the PRIOR LAKE CITY COUNCIL Term Expires Mayor Kirt Briggs December 31, 2020 Councilmember Zach Braid December 31, 2020 Councilmember Kevin Burkart December 31, 2020 Councilmember Warren Erickson December 31, 2022 Councilmember Annette Thompson December 31, 2022 STAFF City Manager Jason Wedel Assistant City Manager Lori Olson Finance Cathy Erickson City Engineer/Public Works Andy Brotzler Police Chief Steve Frazer Fire Chief Rick Steinhaus Community Development Casey McCabe TABLE OF CONTENTS 1. Demands versus Funding Sources ▪ This table shows the impact of the improvements identified in the CIP on each of the funding sources. 2. Project Detail ▪ This table provides a detailed description, purpose, and cost/benefit impact statement for each of the projects. 3. Projects by Department ▪ This table categorizes each of the projects by department. The associated funding source for each project is also shown. 4. Projects by Funding Source ▪ This table categorizes each of the projects by funding source. 5. Transportation Plan (2020-2029) ▪ This table provides a ten-year summary of street improvement projects. ▪ The Transportation Plan Map identifies the proposed CIP projects. ▪ The Street Reconstruction Plan (amended plan adopted 01/08/2018) identifies the projects that could potentially be funded by street reconstruction bonds 6. Street Overlay Plan (2020-2029) ▪ This table provides a summary of uses and sources of funds. 7. Equipment Replacement Plan (2020-2029) ▪ A table provides a summary of the uses and sources of funds. ▪ Detailed equipment schedules are included for the following departments: o Fire Department o Police Department o Public Works Department 8. Park Plan (2020-2029) ▪ This table provides a summary of uses and sources of funds for existing and proposed parks. ▪ It also identifies future community park referendum needs. 9. Technology Plan (2020-2029) ▪ This table provides a summary of uses and sources of funds. ▪ Detailed schedule of proposed significant annual expenditures is included. 10. Facilities Management Plan (2020-2029) ▪ This table provides a summary of uses and sources of funds. ▪ The Capital Improvement Plan (adopted 08/22/2016) identifies the projects that could potentially be funded by capital improvement plan bonds 11. Enterprise Funds ▪ These tables provide a summary of uses and sources of funds for Water, Sewer and Storm Water. 12. Debt Analysis & Tax Impact 2020-2024 CAPITAL IMPROVEMENT PROGRAM One of the goals of the city’s 2040 Vision and Strategic Plan is “High-Value City Services.” This goal contains objectives for financial stability and a comprehensive funding strategy to ensure sufficient resources. The CIP is a primary tool for meeting these objectives and providing a sound strategy for our capital needs. The Prior Lake Capital Improvement Program (CIP) addresses this goal by focusing on long-term planning for the expansion, replacement and/or maintenance of capital assets. Capital assets refer to infrastructure (water, sewer, storm water, and streets), vehicles and equipment, park equipment, facilities, and technology software and hardware. The CIP is reviewed on an annual basis to identify the need for expansion, replacement and/or maintenance; the timeframe to complete the project; and the appropriate funding source. The final document reflects the specific goals, policies and priorities of the City Council and the 2040 Vision and Strategic Plan. It is important to note that the CIP is a planning document and contains estimates for the project and equipment costs. Prior to the implementation of any individual improvement project, staff must prepare a feasibility study, conduct a public hearing, request bids for the construction costs, and obtain approval for all phases of the project from the City Council. The CIP also includes the following long-term plans: Transportation Plan, Street Overlay Plan, Equipment Replacement Plan, Park Equipment Replacement Plan, Technology Plan, Facilities Management Plan and plans for each of the three enterprise funds including Water, Sewer, and Storm Water. A ten (10) year Transportation Plan has been developed in an effort to coordinate city and county improvements that require a cooperative funding agreement between our two jurisdictions. In previous documents, a summary was provided that identified the street reconstruction projects. This year the document includes the full text version of the Street Reconstruction Plan to provide readers with a better understanding of the proposed projects and associated costs. The Street Overlay Plan identifies the City’s annual street overlay costs. The plan reflects four miles of street overlay annually. We anticipate that the City will bond for the special assessment portion of the cost and fund the remainder with prepayments of special assessments collected from prior year(s) improvements and an annual tax levy. The fund will be reviewed annually, to monitor cash flow and determine the tax levy needed. The Equipment Replacement Plan serves to identify the City’s equipment needs on a long-term basis and to provide a regular replacement schedule. The equipment purchases for the Fire, Police and Public Works departments are processed through a revolving equipment fund. Equipment purchases that are typically less than $5,000 are incorporated into the annual operating budgets for the specific departments. The Park Plan – identifies the new park capital improvements and the equipment replacement demands for 55 neighborhood parks. The Technology Plan identifies the hardware and major software needs for each department and establishes a regular replacement schedule for over the next ten (10) years. The Facilities Management Plan identifies major repairs or improvements to all City-owned buildings over the next ten (10) years. The Enterprise Funds plans (Water, Sewer and Storm Water) identify the amount of capital necessary for infrastructure replacements and improvements over the next ten (10) years. CITY OF PRIOR LAKE CAPITAL IMPROVEMENT PROGRAM DEMANDS VS. FUNDING SOURCES Adopted 08/05/2019 2020 - 2024 1/1/2019 Six-Year Revenue CIP Construction 1/1/2025 Funding Source Balances Projection (Net)Demands Projected Balances Water Fund 3,846,566 8,186,203 7,401,017 4,631,752 Sewer Fund 1,053,100 7,112,315 4,806,571 3,358,844 Water Quality Fund 684,200 2,944,888 2,303,000 1,326,088 Capital Park Fund 1,839,000 2,693,000 340,000 4,192,000 Trunk Reserve Fund 2,922,405 5,162,353 60,000 8,024,758 Street Oversize Fund 1,111,178 1,706,056 - 2,817,234 Water Storage Fund 949,181 816,887 - 1,766,068 Revolving Equipment Fund 368,241 4,547,758 4,468,000 448,000 Revolving Park Equip Fund 632,000 2,106,000 2,177,000 561,000 Cable Franchise Fund 63,644 119,599 34,055 149,188 Facilities Management Fund 630,000 1,105,000 1,079,000 656,000 - - - Permanent Improvement Revolving Fund 370,115 3,242,096 3,319,869 292,342 Municipal State Aid - 2,073,500 2,073,500 - Project Tax Levy - 10,868,400 10,868,400 - Special Assessments - 7,891,460 7,891,460 - Referendum - - - Intergovernmental - 162,000 162,000 - Grants or Other Contributions - - - - General Fund - Technology 236,190 236,190 TOTALS $14,469,630 60,973,705 47,220,061 28,223,274 CITY OF PRIOR LAKE CAPITAL IMPROVEMENT PROGRAM PROJECT DETAIL Adopted 08/05/2019 2020-2024 CIP Cost / Benefit Project Reference Description Purpose Impact Statement Public Works (Parks) Capital Replacement Projects CIP1 Replacement or Renovation of Existing Facilities including buildings, parking lots, fields, and lighting. To replace and renovate park facilities that have served their useful life and need to be replaced or rehabilitated to ensure safety of use. Replacement or renovation would be completed within the context of full community park needs and development. Park Amenities Replacement CIP2 Park amenity replacements including regular replacement of park furniture, play structures, enclosures, shelters, courts, etc. To replace and renovate park amenities that have served their useful life and need to be replaced or rehabilitated to ensure safety of use. Replacements necessary to maintain City park system. Trail, Sidewalk, and Boardwalk Replacement CIP3 Replace trail, sidewalk and boardwalks. Trail and Sidewalk Inventory, condition rating, and priority being analyzed. To replace trails, sidewalks or boardwalks that have a degraded pavement surface, ADA compliance issues or have other structural defects. Improved trail, sidewalk and boardwalk surfaces will improve the user experience and limit any potentially liability for ADA claims. Natural Area Restoration CIP4 Restoration of natural areas Inventory, Condition Rating, and Priority being completed. N/A N/A Existing Trail & Sidewalk Gap Priorities CIP5 Replacement of trails, sidewalk and boardwalks. Trail and Sidewalk Gaps Analysis in progress. N/A N/A Neighborhood Park Development CIP6 Neighborhood Park Development 2021 - Undefined Park 2023 - Undefinded Park Construction of neighborhood parks to support development. The Comprehensive Plan and Park Dedication Fees have anticipated the construction of additional neighborhood parks to serve growth of the community. New Development Trail Alignments CIP7 Construction of new trail segments in newly developing areas or as part of an existing state project. To ensure a connected network of trails and sidewalks for transportation and recreational purposes. The Comprehensive Plan, Trail and sidewalk Gaps Study and Park Dedication Fees Study have anticipated the development of additional trails to serve the growing and changing needs of the community. Community Park Development and Renovation CIP8 Development of new community parks.Construction of community parks to support communities recreational needs. The Comprehensive Plan, Master Park Plan and Park Dedication Fees Study have anticipated the development of additional community parks to serve the growing and changing needs of the community. Page 1 of 4 CITY OF PRIOR LAKE CAPITAL IMPROVEMENT PROGRAM PROJECT DETAIL Adopted 08/05/2019 2020-2024 CIP Cost / Benefit Project Reference Description Purpose Impact Statement Public Works (Streets) Street Reconstruction (Project Partnerships)CIP9 2020 - CSAH 42 (CR83 to CR17) 2021 - Colorado Street Parking Lot These are Scott County or MNDOT projects. City will participate in storm sewer and other improvements on a cost sharing basis through a cooperative agreement. These County or State Highway Improvement Projects will restore the driving surface and improve storm drainage in these respective areas. Street Improvements (City Jurisdiction)CIP10.1 2021 - Hidden Oaks/Timberview/Timber, Millers/Omega/Glory, Fish Point Road (CR 44 to TH 13) To rehabilitate, reconstruct, or construct streets to extend useable life or reconstruct streets to a 7- ton or 9-ton standard. Improved streets will reduce maintenance for the streets and for vehicles. 2021 - Pershing/Dunkirk/Dutch/Roanoke/Green Hts/Spring, Park Ave, Private streets:Inguadona/Roosevelt/Ramsey/Green Hts Trail/Park 2022 - Northwood Road (Fremont to Knollridge), Northwood Road (Knollridge to CSAH 12), Knollridge/Hawk Ridge/Viewcrest/Lake Haven/Shady Cove/Lake Bluff/Fremont Cir/Fremont St/Crystal, Frost Point Circle 2023 - Martindale/Henning Circle/Hickory Lane, Lakeside Avenue (CR21 to Pleasant), Colorado (Duluth to Arcadia), Duluth (CR21 to TH13) 2024 - Raspberry Ridge/Hidden Pond/Black Oak/Timberglade, Appaloosa Trail/Highland Ct, Island View Cir/Island View Rd/Island Circle Street Improvements (City Street Overlay)CIP10.2 2020 -Windsor Lane, Wellington Court, Windom Court, Lexington Court, Crimson Court, Wilderness Trail, Fairway Heights, Fairway Heights Court, Foxtail Trail, Blind Lake, Jeffers Pass, Raspberry Ridge Road, Jeffers Court, and Cottonwood Lane 2021-2024: Specific streets have not been identified yet. Annual street mill and overlay project.Improved streets will reduce maintenance for the streets and for vehicles. Page 2 of 4 CITY OF PRIOR LAKE CAPITAL IMPROVEMENT PROGRAM PROJECT DETAIL Adopted 08/05/2019 2020-2024 CIP Cost / Benefit Project Reference Description Purpose Impact Statement Public Works (Water) Meter Replacement Program CIP11 Replacement of Automatic Meter Reading System (AMRS). American Water Works replacement guidelines estimate a 15-year life on residential meters. Battery failures may begin in the existing AMR system in 2033. The City will want to consider how the system will be replaced prior to significant failures. In addition, replacement of any meters will show a decrease in apparent loss and in increase in revenue. Wells CIP12 Construction of additional Wells for source water. NO additional wells needed with JPA with SMSC. Provide additional source water.Wells are needed to provide City firm pumping capacity and to utilize the Water Treatment Facility at full capacity. Watermain Improvements CIP13 Watermain replacements outside of replacements that are completed in conjunction with street projects. No projects currently planned for 2020-2024 Proactive replacement of deteriorated or undersized watermain. New watermain to provide looping and system redundancies. Reduces the potential for costly emergency repairs due to leaks and breaks. Water System CIP14 Additional treatment capacity to accommodate demand growths within the City. Replacement of equipment at the Water Treatment Plant. 2020-2024 Annual Equipment Replacement Joint Agreement with SMSC to provide future finished water. Replacement of existing equipment at Water Treatment Facility. Replacement of key equipment necessary as it reaches its life expectancy. Additional capacity needed with current water supply deficit. 2021 - Tower Street Elevated Storage Recondition 2024 - Cedarwood Elevated Storage Recondition Pressure Reducing Valves CIP15 No projects currently planned for 2020-2024.Reduce pressure in service areas that have a lower elevation within the Prior Lake community. Reducing pressure in the distribution system will assist in water conservation and water loss. Water Storage CIP16 Additional water storage facilities. Joint Agreement with SMSC to provide additional storage. Increase water storage to provide adequate supply for high usage periods, fire protection and system pressure. Provides better water quality by increasing ability to circulate system. Providing water pressure and fire flows to meet ISO and Ten State Standards ensures fire protection for properties within the community and better ISO ratings. Page 3 of 4 CITY OF PRIOR LAKE CAPITAL IMPROVEMENT PROGRAM PROJECT DETAIL Adopted 08/05/2019 2020-2024 CIP Cost / Benefit Project Reference Description Purpose Impact Statement Public Works (Sanitary Sewer) Meter Replacement Program CIP11 Replacement of Automatic Meter Reading System (AMRS). American Water Works replacement guidelines estimate a 15-year life on residential meters. Battery failures may begin in the existing AMR system in 2033. The City will want to consider how the system will be replaced prior to significant failures. In addition, replacement of any meters will show a decrease in apparent loss and in increase in revenue. Sanitary Improvement CIP17 Sanitary Sewer replacements outside of replacements that are completed in conjunction with street projects. 2023/2024 Sewer Rehabilitation/Concrete 15" Sewer Lining Improve sanitary sewer main line which services Commercial area, reduce infiltration issues and improve flow. Reduction of infiltration and settlements in sanitary sewer which could be cause for sanitary back-ups and impede flow design of main line pipe. Inflow / Infiltration Prevention CIP18 Sanitary Sewer rehabilitation or replacement.Repairs or replacement of Sewers to reduce water infiltration into collection system. Reduction of lift station pumping and treatment flow costs to the Met Council. Sewer System Equipment Replacement CIP19 Replacement of equipment associated with lift stations, etc. (pumps and controls) To replace vital equipment in lift stations to minimize risk of failure. Reduce risk of failures creating sanitary sewer backups and emergency situations. Public Works (Stormwater) Stormwater Infrastructure Maintenance CIP20 Maintaining existing structural stormwater practices and adding new treatment. (locations vary) Maintenance, retrofit and creation of other structural practices such as; sump manholes, bioretention, infiltration and filtration. Using a targeted maintenance and retrofit program to continually renew and improve the overall water quality system effectiveness and cost efficiency. Pond Maintenance & Retrofit CIP21 Maintaining existing stormwater treatment ponds and maximizing treatment (locations vary). Maintenance, retrofit and creation of storm water ponds to restore and enhance overall system treatment efficiency. Using a targeted maintenance and retrofit program to continually renew and improve the overall water quality system effectiveness and cost efficiency. Stormwater Improvements CIP22 Campbell Lake Regional Stormwater Assessment, DWSMA Abandoned Well Assessment, Markley Lake Stormwater Study & Erosion Repairs, Innovative Phosphorus Load Reductions Study, and Glynwater Trail NW Culvert Address flooding of street, washout of dam, and lack of treatment. Minimize street flooding, risk of dam failure and improve overall conveyance efficiency and treatment capacity. Vehicles & Equipment Equipment Replacement Plan CIP23 Replace vehicles and equipment as identified in the replacement schedule. To identify the City’s vehicle and equipment needs and establish a regular replacement schedule. Maximize the useful life of the City's vehicles and equipment. Facilities Facilities Management Plan CIP24 Repair or replace major components in City-owned facilities. To identify major repairs or improvements to all City-owned facilities. Maximize the useful life of the major components in City-owned facilities. Technology Technology Plan CIP25 Replace hardware and software as identified in the replacement schedule. To identify hardware and software needs and establish a regular replacement schedule. Maximize the useful life of the City's hardware. Upgrade software to utilize technology currently available in order to deliver services in a cost- effective manner. Page 4 of 4 CITY OF PRIOR LAKE PROJECTS BY DEPARTMENT CAPITAL IMPROVEMENT PROGRAM Adopted 08/05/2019 2020 - 2024 CIP Project Reference 2020 2021 2022 2023 2024 Total Public Works (Parks) Capital Replacement Projects CIP1 - - 13,000 15,000 125,000 153,000 Revolving Park Equipment Fund - - 13,000 15,000 125,000 153,000 - Park Amenities Replacement CIP2 146,000 150,000 155,000 159,000 164,000 774,000 Revolving Park Equipment Fund 146,000 150,000 155,000 159,000 164,000 774,000 - Trail, Sidewalk, and Boardwalk Replacement CIP3 200,000 225,000 250,000 275,000 300,000 1,250,000 Revolving Park Equipment Fund 200,000 225,000 250,000 275,000 300,000 1,250,000 - Natural Area Restoration CIP4 - - - - - - Revolving Park Equipment Fund - - - - - - - Existing Trail & Sidewalk Gap Priorities CIP5 - - - - - - Revolving Park Equipment Fund - - - - - - - Neighborhood Park Development CIP6 - 170,000 - 170,000 - 340,000 Capital Park Fund - 170,000 - 170,000 - 340,000 - New Development Trail Alignments CIP7 - - - - - - Capital Park Fund - - - - - - - Community Park Development and Renovation CIP8 - - - - - - Capital Park Fund - - - - - - Referendum - - - - - - - General Parks CIP6 - - - - - - Capital Park Fund - - - - - - - Public Works (Parks) Total 346,000 545,000 418,000 619,000 589,000 2,517,000 Page 1 of 6 CITY OF PRIOR LAKE CAPITAL IMPROVEMENT PROGRAM PROJECTS BY DEPARTMENT Adopted 08/05/2019 2020 - 2024 CIP Project Reference 2020 2021 2022 2023 2024 Total Public Works (Streets) Street Improvements (Partnership Projects)CIP9 605,100 320,000 - - - 925,100 Project Levy 155,600 158,000 - - - 313,600 Special Assessments - - - - - - State/Federal - - - - - - County - 162,000 - - - 162,000 Other Municipality - - - - - - Grants or Other Contributions - - - - - - City MSA Funds 389,500 - - - - 389,500 Street Oversize Funds - - - - - - Trunk Reserve Fund 60,000 - - - - 60,000 Water Quality Fund - - - - - - Water Fund - - - - - - Sewer Fund - - - - - - Capital Park Fund - - - - - - Street Improvements (City Jurisdiction)CIP10.1 - 7,462,740 6,696,000 6,143,900 5,168,080 25,470,720 Project Levy - 1,940,800 1,683,000 3,368,000 1,823,000 8,814,800 Special Assessments - 1,963,600 892,000 1,221,500 1,364,360 5,441,460 Grants or Other Contributions - - - - - - City MSA Funds - 1,200,000 - 484,000 - 1,684,000 Street Oversize Fund - - - - - - Trunk Reserve Fund - - - - - - Water Quality Fund - 449,000 451,000 308,000 657,000 1,865,000 Water Fund - 1,356,840 1,840,000 519,000 749,400 4,465,240 Sewer Fund - 552,500 1,830,000 243,400 574,320 3,200,220 Street Improvements (Street Overlay)CIP10.2 979,933 1,099,419 1,207,187 1,239,756 1,243,575 5,769,869 - Special Assessments 490,000 490,000 490,000 490,000 490,000 2,450,000 Permanent Improvement Revolving Fund 489,933 609,419 717,187 749,756 753,575 3,319,869 Public Works (Streets) Total 1,585,033 8,882,159 7,903,187 7,383,656 6,411,655 32,165,689 Page 2 of 6 CITY OF PRIOR LAKE CAPITAL IMPROVEMENT PROGRAM PROJECTS BY DEPARTMENT Adopted 08/05/2019 2020 - 2024 CIP Project Reference 2020 2021 2022 2023 2024 Total Public Works (Water) Meter Replacement Program CIP11 - - - - - - Water Fund - - - - - - - Wells CIP12 40,000 41,000 42,000 44,000 45,000 212,000 Water Fund 40,000 41,000 42,000 44,000 45,000 212,000 Watermain Improvements CIP13 - - - - - - Water Fund - - - - - - Trunk Reserve Fund - - - - - - Water System CIP14 112,551 115,927 119,405 122,987 126,677 597,548 Water Fund 112,551 115,927 119,405 122,987 126,677 597,548 Trunk Reserve Fund - - - - - - Water Storage Fund Pressure Reducing Valves CIP15 - - - - - - Trunk Reserve Fund - - - - - - Water Storage CIP16 - 1,000,000 - - 1,100,000 2,100,000 Water Fund -1,000,000 - - 1,100,000 2,100,000 Public Works (Water) Total 152,551 1,156,927 161,405 166,987 1,271,677 2,909,548 Page 3 of 6 CITY OF PRIOR LAKE CAPITAL IMPROVEMENT PROGRAM PROJECTS BY DEPARTMENT Adopted 08/05/2019 2020 - 2024 CIP Project Reference 2020 2021 2022 2023 2024 Total Public Works (Sanitary Sewer) Meter Replacement Program CIP 11 - - - - - - Sewer Fund - - - - - - Sanitary Improvement CIP17 - - - - - - Sewer Fund - - - - - - Inflow / Infiltration Prevention CIP18 154,500 159,135 163,909 393,826 423,891 1,295,261 Sewer Fund 154,500 159,135 163,909 393,826 423,891 1,295,261 Sewer System Equipment Replacement CIP19 53,655 55,264 56,922 58,630 60,389 284,860 Sewer Fund 53,655 55,264 56,922 58,630 60,389 284,860 Public Works (Sanitary Sewer) Total 208,155 214,399 220,831 452,456 484,280 1,580,122 Public Works (Storm Water) Stormwater Infrastructure Maintenance CIP20 - - 60,000 - 3,000 63,000 Water Quality Fund - - 60,000 - 3,000 63,000 Pond Maintenance & Retrofit CIP21 - 100,000 - 100,000 - 200,000 Water Quality Fund - 100,000 - 100,000 - 200,000 Stormwater Improvements CIP22 75,000 25,000 - 45,000 30,000 175,000 Water Quality Fund 75,000 25,000 - 45,000 30,000 175,000 Public Works (Storm Water) Total 75,000 125,000 60,000 145,000 33,000 438,000 Page 4 of 6 CITY OF PRIOR LAKE CAPITAL IMPROVEMENT PROGRAM PROJECTS BY DEPARTMENT Adopted 08/05/2019 2020 - 2024 CIP Project Reference 2020 2021 2022 2023 2024 Total Vehicles & Equipment Equipment Replacement Plan CIP23 1,200,000 1,635,000 1,082,000 892,000 799,000 5,608,000 Revolving Equipment Fund 1,085,000 610,000 1,082,000 892,000 799,000 4,468,000 Project Levy 115,000 1,025,000 - - - 1,140,000 Vehicle & Equipment Total 1,200,000 1,635,000 1,082,000 892,000 799,000 5,608,000 Facilities Facilities Management Plan CIP24 114,000 329,000 6,000 185,000 1,045,000 1,679,000 Facilities Management Fund 114,000 (271,000) 6,000 185,000 1,045,000 1,079,000 Project Levy - 600,000 - - - 600,000 Facilities Total 114,000 329,000 6,000 185,000 1,045,000 1,679,000 Technology Technology Plan CIP25 108,650 102,657 42,386 26,316 42,692 322,702 General Fund - Technology 65,818 102,657 25,033 26,316 16,365 236,190 Water Fund 17,553 - 8,676 - - 26,229 Sewer Fund 17,553 - 8,676 - - 26,229 Water Quality Fund - - - - - - Cable Franchise Fund 7,727 - - - 26,327 34,055 Technology Total 108,650 102,657 42,386 26,316 42,692 322,702 GRAND TOTALS 3,789,389 12,990,143 9,893,810 9,870,416 10,676,304 47,220,061 Page 5 of 6 CITY OF PRIOR LAKE CAPITAL IMPROVEMENT PROGRAM PROJECTS BY DEPARTMENT Adopted 08/05/2019 2020 - 2024 CIP Project Reference 2020 2021 2022 2023 2024 Total TOTALS BY FUNDING SOURCES Project Levy 270,600 3,723,800 1,683,000 3,368,000 1,823,000 10,868,400 Special Assessments 490,000 2,453,600 1,382,000 1,711,500 1,854,360 7,891,460 Referendum - - - - - - Grants or Other Contributions - - - - - - State/Federal - - - - - - County - 162,000 - - - 162,000 Other Municipality - - - - - - City MSA Funds 389,500 1,200,000 - 484,000 - 2,073,500 Capital Park Fund - 170,000 - 170,000 - 340,000 Street Oversize Fund - - - - - - Trunk Reserve Fund 60,000 - - - - 60,000 Water Quality Fund 75,000 574,000 511,000 453,000 690,000 2,303,000 Water Fund 170,103 2,513,767 2,010,082 685,987 2,021,077 7,401,017 Sewer Fund 225,707 766,899 2,059,508 695,856 1,058,600 4,806,571 Water Storage Fund - - - - - - General Fund - Technology 65,818 102,657 25,033 26,316 16,365 236,190 Revolving Equipment Fund 1,085,000 610,000 1,082,000 892,000 799,000 4,468,000 Revolving Park Equipment Fund 346,000 375,000 418,000 449,000 589,000 2,177,000 Cable Franchise Fund 7,727 - - - 26,327 34,055 Facilities Management Fund 114,000 (271,000) 6,000 185,000 1,045,000 1,079,000 Permanent Improvement Revolving Fund 489,933 609,419 717,187 749,756 753,575 3,319,869 3,789,389 12,990,143 9,893,810 9,870,416 10,676,304 47,220,061 Page 6 of 6 CITY OF PRIOR LAKE CAPITAL IMPROVEMENT PROGRAM PROJECTS BY FUNDING SOURCE Adopted 08/05/2019 2020-2024 - - - - - Project 2020 2021 2022 2023 2024 Total Project Levy Street Reconstruction (Co. Rd.)155,600 158,000 - - - 313,600 Street Improvements (City)- 1,940,800 1,683,000 3,368,000 1,823,000 8,814,800 Street Improvements ( Street Overlay)- -- - - - Equipment Replacement Plan 115,000 1,025,000 - - - 1,140,000 Facilities Management Plan - 600,000 - - - 600,000 270,600 3,723,800 1,683,000 3,368,000 1,823,000 10,868,400 Special Assessments Street Reconstruction (Co. Rd.)- - - - - - Street Improvements (City)- 1,963,600 892,000 1,221,500 1,364,360 5,441,460 Street Improvements ( Street Overlay)490,000 490,000 490,000 490,000 490,000 2,450,000 490,000 2,453,600 1,382,000 1,711,500 1,854,360 7,891,460 Referendum Community Park Development and Renovation - - - - - - - - - - - - Grants or Other Contributions Street Improvements (Partnership Projects)- - - - - - Street Improvements (City)- - - - - - - - - - - - State/Federal Street Reconstruction (Co. Rd.)- - - - - - - - - - - - County Street Reconstruction (Co. Rd.)- 162,000 - - - 162,000 - 162,000 - - - 162,000 Other Municipality Street Improvements (Partnership Projects)- - - - - - - - - - - - City MSA Funds Street Reconstruction (Co. Rd.)389,500 - - - - 389,500 Street Improvements (City)- 1,200,000 - 484,000 - 1,684,000 389,500 1,200,000 - 484,000 - 2,073,500 Capital Park Fund Neighborhood Park Development - 170,000 - 170,000 - 340,000 New Development Trail Alignments - - - - - - Community Park Development and Renovation - - - - - - General Parks - - - - - - Street Improvements (Partnership Projects)- - - - - - - 170,000 - 170,000 - 340,000 Page 1 of 3 CITY OF PRIOR LAKE CAPITAL IMPROVEMENT PROGRAM PROJECTS BY FUNDING SOURCE Adopted 08/05/2019 2020-2024 - - - - - Project 2020 2021 2022 2023 2024 Total Street Oversize Fund Street Reconstruction (Co. Rd.)- - - - - - Street Improvements (City)- - - - - - - - - - - - Trunk Reserve Fund Street Reconstruction (Co. Rd.)60,000 - - - - 60,000 Street Improvements (City)- - - - - - Water Treatment - - - - - - Pressure Reducing Valves - - - - - - 60,000 1 2 3 4 60,000 Water Quality Fund Street Reconstruction (Co. Rd.)- - - - - - Street Improvements (City)- 449,000 451,000 308,000 657,000 1,865,000 Stormwater Infrastructure Maintenance - - 60,000 - 3,000 63,000 Pond Maintenance & Retrofit - 100,000 - 100,000 - 200,000 Stormwater Improvements 75,000 25,000 - 45,000 30,000 175,000 Technology Plan - - - - - - 75,000 574,000 511,000 453,000 690,000 2,303,000 Water Fund Street Reconstruction (Co. Rd.)- - - - - - Street Improvements (City)- 1,356,840 1,840,000 519,000 749,400 4,465,240 Meter Replacement Program - -- - - - Wells 40,000 41,000 42,000 44,000 45,000 212,000 Watermain Improvements - - - - - - Water System 112,551 115,927 119,405 122,987 126,677 597,548 Water Storage - 1,000,000 - - 1,100,000 2,100,000 Technology Plan 17,553 - 8,676 - - 26,229 170,103 2,513,767 2,010,082 685,987 2,021,077 7,401,017 Sewer Fund Street Reconstruction (Co. Rd.)- - - - - - Street Improvements (City)- 552,500 1,830,000 243,400 574,320 3,200,220 Meter Replacement Program - - - - - - Sanitary Improvement - - - - - - Inflow / Infiltration Prevention 154,500 159,135 163,909 393,826 423,891 1,295,261 Sewer System Equipment Replacement 53,655 55,264 56,922 58,630 60,389 284,860 Technology Plan 17,553 - 8,676 - - 26,229 225,708 766,900 2,059,509 695,857 1,058,601 4,806,571 Page 2 of 3 CITY OF PRIOR LAKE CAPITAL IMPROVEMENT PROGRAM PROJECTS BY FUNDING SOURCE Adopted 08/05/2019 2020-2024 - - - - - Project 2020 2021 2022 2023 2024 Total Water Storage Fund Water Storage - - - - - - - - - - - - General Fund Technology Plan 65,818 102,657 25,033 26,316 16,365 236,190 65,818 102,657 25,033 26,316 16,365 236,190 Revolving Equipment Fund Equipment Replacement Plan 1,085,000 610,000 1,082,000 892,000 799,000 4,468,000 1,085,000 610,000 1,082,000 892,000 799,000 4,468,000 Revolving Park Equipment Fund Capital Replacement Projects 13,000 15,000 125,000 153,000 Park Amenities Replacement 146,000 150,000 155,000 159,000 164,000 774,000 Trail, Sidewalk, and Boardwalk Replacement 200,000 225,000 250,000 275,000 300,000 1,250,000 Natural Area Restoration - - - - - - Existing Trail & Sidewalk Gap Priorities - - - - - - 346,000 375,000 418,000 449,000 589,000 2,177,000 Cable Franchise Fund Technology Plan 7,727 - - - 26,327 34,055 7,727 - - - 26,327 34,055 Facilities Management Fund Facilities Management Plan 114,000 (271,000) 6,000 185,000 1,045,000 1,079,000 114,000 (271,000) 6,000 185,000 1,045,000 1,079,000 Permanent Improvement Revolving Fund Street Improvements ( Street Overlay)489,933 609,419 717,187 749,756 753,575 3,319,869 489,933 609,419 717,187 749,756 753,575 3,319,869 3,789,389 12,990,143 9,893,810 9,870,416 10,676,306 47,220,061 Page 3 of 3 CITY OF PRIOR LAKE Adopted 8/5/2019 2020-2029 TRANSPORTATION PLAN Year Improvement Project Type Length Pavement Utility MSA Street Tax Bond Assessments Water Sewer Stormwater/Watermain Sanitary Storm Grant or Other Total City Municipal County State Federal TOTAL PROJECT Miles OCI*OCI*Oversizing Levy Type Utility Fund Utility Fund Water Quality Trunk Fund Trunk Fund Trunk Fund Contribution Cost Cost Cost Cost Cost COST - 2020 CSAH 42 (CR83 to CR17)Partnership NA 389,500 - 155,600 475 - - 60,000 - - 605,100 - - - - 605,100 2020 Project Totals 0 389,500$ -$ 155,600$ -$ -$ -$ -$ -$ 60,000$ -$ -$ 605,100$ -$ -$ -$ -$ 605,100$ 2021 Hidden Oaks/Timberview/Timber (1986)Pavement/Recon 0.4 22 39 - - 806,400 429 345,600 485,000 121,000 136,000 - - - - 1,894,000 - - - - 1,894,000 2021 Millers/Omega/Glory (1982)Pavement/Rehab 0.31 25 79 - - 435,000 429 290,000 41,340 - - - - - 766,340 - - - - 766,340 2021 Fish Point Road (CR 44 to TH 13)Pavement/Recon 0.66 22 40 1,200,000 - 510,000 429 1,140,000 725,000 350,500 220,000 - - - - 4,145,500 - - - - 4,145,500 2021 Colorado Street (Arcadia to Main)Pavement/Recon 0.14 189,400 429 188,000 105,500 81,000 93,000 656,900 656,900 2021 Colorado Street Parking Lot Partnership NA 158,000 429 158,000 162,000 320,000 - - - - - - - - - - 2021 Project Totals 1.51 1,200,000$ -$ 2,098,800$ 1,963,600$ 1,356,840$ 552,500$ 449,000$ -$ -$ -$ -$ 7,620,740$ -$ 162,000$ -$ -$ 7,782,740$ 2022 Inguadona/Roosevelt/Ramsey/Green Hts Trail/Park (private)Pavement/Recon 0.59 475 801,000$ 944,000$ 171,000$ 1,916,000 - - - - 1,916,000 2022 Pershing/Dunkirk/Dutch/Roanoke/Green Hts/Spring (1985)Pavement/Recon 0.76 26 34 - - 1,490,000 429 760,000 739,000 686,000 280,000 - - - - 3,955,000 - - - - 3,955,000 2022 Park Avenue (1985)Pavement/Recon 0.14 24 78 - - 193,000 429 132,000 300,000 200,000 - - - 825,000 - - - - 825,000 2022 Project Totals 1.49 -$ -$ 1,683,000$ 892,000$ 1,840,000$ 1,830,000$ 451,000$ -$ -$ -$ -$ 6,696,000$ -$ -$ -$ -$ 6,696,000$ 2023 Northwood Road (Fremont to Knollridge) (1994)Pavement/Rehab 0.52 29 84 - - 797,000 429 531,500 - - - - - - - 1,328,500 - - - - 1,328,500 2023 Northwood Road (Knollridge to CSAH 12) (1994)Pavement/Recon 0.6 16 79 484,000 - 1,950,000 475 300,000 281,000 74,000 240,000 - - - - 3,329,000 - - - - 3,329,000 2023 Knollridge/Hawk Ridge/Viewcrest (1998) Lake Haven/Shady Cove/Lake Bluff(2000)Fremont Cir/Fremont St/Crystal (1986)Pavement/Rehab NA 37 85 - - 251,000 429 120,000 - - - - - - - 371,000 - - - - 371,000 2023 Frost Point Circle (1974)Pavement/Recon 0.17 24 35 - - 370,000 429 270,000 238,000 169,400 68,000 - - - - 1,115,400 - - - - 1,115,400 - - - - - - - - - - - - 2023 Project Totals 1.29 484,000$ -$ 3,368,000$ 1,221,500$ 519,000$ 243,400$ 308,000$ -$ -$ -$ -$ 6,143,900$ -$ -$ -$ -$ 6,143,900$ 2024 Martindale/Henning Circle/Hickory Lane Pavement/Rehab 0.6 487,000$ 429 325,000$ 812,000 812,000 2024 Lakeside Avenue (CR21 to Pleasant)Pavement/Recon 0.34 536,000$ 429 415,280$ 300,000$ 230,000$ 262,000$ 1,743,280 1,743,280 2024 Colorado (Duluth to Arcadia)Pavement/Recon 0.08 132,000$ 429 102,080$ 75,000$ 56,320$ 65,000$ 430,400 430,400 2024 Duluth (CR21 to TH13)Pavement/Recon 0.43 668,000$ 429 522,000$ 374,400$ 288,000$ 330,000$ 2,182,400 2,182,400 - - - - - - - - - - - 2024 Project Totals 1.45 -$ -$ 1,823,000$ 1,364,360$ 749,400$ 574,320$ 657,000$ -$ -$ -$ -$ 5,168,080$ -$ -$ -$ -$ 5,168,080$ 2025 Raspberry Ridge/Hidden Pond/Black Oak/Timberglade (1987)Pavement/Recon 0.6 23 975,000$ 429 400,000$ 1,200,000$ 202,500$ 300,000$ 3,077,500 2025 Appaloosa Trail/Highland Ct (1996)Pavement/Rehab 0.31 29 141,663$ 429 94,442$ 236,104 2025 Island View Cir/Island View Rd/Island Circle (1977)Pavement/Recon 0.84 20 1,195,720$ 429 797,147$ 500,900$ 680,000$ 350,000$ 3,523,767 2025 Project Totals 1.75 -$ -$ 2,312,382$ 1,291,588$ 1,700,900$ 882,500$ 650,000$ -$ -$ -$ -$ 6,837,371$ -$ -$ -$ -$ -$ 2026 Street Reconstruction Non-Specific Pavement/Recon 1.5 - - 1,900,000 429 1,620,000 825,000 634,000 375,000 - - - - 5,354,000 -$ -$ -$ -$ 5,354,000 2026 Project Totals 1.5 -$ -$ 1,900,000$ 1,620,000$ 825,000$ 634,000$ 375,000$ -$ -$ -$ -$ 5,354,000$ -$ -$ -$ -$ 5,354,000$ 2027 Street Reconstruction Non-Specific Pavement/Recon 1.5 - - 1,618,800 429 405,000 - - - - 2,023,800 -$ -$ -$ -$ 2,023,800 2027 Project Totals 1.5 -$ -$ 1,618,800$ 405,000$ -$ -$ -$ -$ -$ -$ -$ 2,023,800$ -$ -$ -$ -$ 2,023,800$ 2028 Street Reconstruction Non-Specific Pavement/Recon 1.5 500,000 - 2,166,000 429 1,850,000 941,000 725,000 428,000 - - - - 6,610,000 -$ -$ -$ -$ 6,610,000 2028 Project Totals 1.5 500,000$ -$ 2,166,000$ 1,850,000$ 941,000$ 725,000$ 428,000$ -$ -$ -$ -$ 6,610,000$ -$ -$ -$ -$ 6,610,000$ 2029 Street Reconstruction Non-Specific Pavement/Recon 1.5 - 1,850,000 429 462,000 - - - - - - - 2,312,000 -$ -$ -$ -$ 2,312,000 2029 Project Totals 1.5 -$ -$ 1,850,000$ 462,000$ -$ -$ -$ -$ -$ -$ -$ 2,312,000$ -$ -$ -$ -$ 2,312,000$ Program Totals 2,573,500$ -$ 18,975,582$ -$ 11,070,048$ 7,932,140$ 5,441,720$ 3,318,000$ -$ 60,000$ -$ -$ 49,370,991$ -$ 162,000$ -$ -$ 42,695,620$ #( #(BLINDLAKETRL S E DUFFERIN DRGLENDALEA V S E R U TGE R S STNEBASSST SEMCKENNARDNW PIKELAKETRLNECROSS ANDRASTSEDOVECTNE B LUEBI RDT RLNETURNERDRSWJEFFERSPASSNWCO N NEL L Y P K W Y 154 ST WBOONEAVS 135 ST W WILDE R N ESS T R L SE S OUTHPARKDR CREDITRIVERRDSE CAR R IA G E H IL LS P K WY NE 144 STWSUMTE RAVS 148STW 143ST W NORTON D R GLYNWATER TRL NWNORTHWOODRDNWCONROY ST NE144 STW JERSEYAVSFISHPOINTRD S EHIDD E N O A K S C I R S EMARTINDALE DREL O R D S S T N E TIMOTHYAVNED E ER F I E L DD R S EMARYLANDAVSGREENOAKSTR L SE 133 ST W MALCOLMCT SW 169 ST EQUEBECAVSSHADYBEACHTRLNE BROOKLN HILLSID E TRL149CIR PENI NSULAPOI NTDR170 ST EMAIN AVSEOAKVIEWCTPHEASANTRUNCTNWWIL DS PAT H N WMAJESTICLNNWC O ACH M A N LNN EM A RKL E YLAKEDRF O XTR LNW AMBERWOODLN CALMUTAVN E STFRANCISLNMANORRD SEKENSINGTONAVENE138 ST W COVEAV SECATTAIL C T NE150 ST W RAYMONDAV MURPHYLAKEBLVD140 ST W R IV E R W O ODDR 140ST W VERGUS AVSN ELL CT LOFTUS LN CANDYC O V ET RLSEW ILD S LN NW REDWINGDR HORIZON DR J A R E TT C TNE REGALPAS SNW CARRIAGEHILLCT 141STW ISLANDVIEWRDNWTAYLORDR LILAC L N S ELYONSAVSE FISH P OINTRD SE MUSTANG PATHAQUI LAAVSCHA T O N K A TRL NETORONTOAVSEC R E DIT RIV ER RD SELOUISI ANAAVSWOODDUCKTRLNW CATES ST SE PLEASANT ST SE CARRIAG E H IL L R D 150 S TSE CRO WNLINE RD NEFAIRLAWN SHORESTRLSEARCADIAAVSECASEY PKWY WO ODDUCK DRN W F O XT A IL TRL N W EAGLEWOODDRCOUGAR PAT H NWFAWN CT SE138 ST W BOBCATT RL NW 154 STW1 44 S T W CO MMERC EAVNEAQUILAAVS BERENSCTNW136 CT144 ST WHEATHERTONRIDGEDR ALABAMAAV S SPRU C ETRLSWSTONEC R ESTP ATHN WITASCAAVSEADELMANN ST SESTEMMERRIDGERDNW160 STSE PARKR D S T FRANCISLNVALE CIR SW VALLEYVIE W D R SYCAMORE TRLSW MAINAVSEDRAKE CIRNWORIONCIRNW P E R S H I N G S T S W RIVEROAKCTPIKE LAKE RDMOLINA ST APPALOOSA TRLNE1 3 6S T W SIO UXTRLNW HILLSBOROAVS152STWS T A FFORDTR L FISHPOINTRDSEYOSEMITEAVSMAPLETRLF R A N K L I N T R LSEPOINTE P ASSNWSUNSETTRLSWDANPATCHLNPARKAVSE180 ST EFRANKLINTRLSE 1 33PLOCONNELLRDWIL D WO O D T R L N WOVERLOOKDR SUELCIRM A R T INDALE S T NE WHISP ERINGOA K STR L CREEKSIDECIRSET R AILHEADL N S E 1 3 7 ST W 174 STEWILDSPKWY N W HURON STSEASPEN AVNE165 STNW 180ST EHAWKRIDGERDNWMEADOWAVNECHESTNUTLNNE 139 STW 137 ST W D U B LIN R D S E BROOKS CIR SEVIRGINIAAVSSH O R E T R L N E 139STWDANPATCHDR134STW13 8 C TW CARRIAGELNNEMUSHTOWNRDSEFOUNTAINHILLSDRNW RUTL E D G E S T SE WEST WOODLA ND TRL NW ALLENBLVDSA SHC R O FTR D FIVEHAWKSAVSE1 3 7 LN LOUISIANAAVS147 C TW SPRI NGAV SWB EA C H S TNE MEADOWL AWNTRLN E FLEMMING R DWINDSOR A V ST PAULAV SECRESTAVNE1 54 ST W Q U IN C Y STSE IDACIRSW LONEPINECTC OVEAVS E 139STW VALLEY VIEWPLUTAHAVSSH OREL NNEVIRGINIAAVSYOSEMITEAVSWOOD DUCK TRL B RID G E S P U R 1 3 4 L N 170 ST E FERNDALEAVNEQUEBECAVSZINRANAVSF O UNTAIN HILLS D R NE141 ST W ENCLAV E CTNW CASEYCTEVANSTONAV SEW OODHILL DRBA SSWOO DCIR S WCENTER RD S WORION RD NWSTPAULAVSEEA GLESR IDGENWD O MINION AV176STSW B E L MONT A V NW LOUISIANAAVSLAKESIDE A V SEMARSHDRNE 1 3 6LNW YOSEMITEAVSS H EPHERDSPATHNWENSIGNAVSMO UN TCURVEBLVD S UEANN L N WHITEWOOD AVCHERRYCTNEJORDAN AVSEL A N D A U L NN E 1 4 0 S T W LOSTHORIZ O N CIRSE136 STW 143 STW ROSEWOODRDNEHIGHLANDAV N W WIL DSRI DGE N W NEVADAAVSW IL D S VIEWNW 141STW WI L DWOODCI RSEKENSINGTONAVNEKELLYCI RSOUTHSH O R E DR SUNRAYBLVDSWFOXB E RRYRDREEDWAYSW W O L F R ID G EAV152 ST W W I LLOWBE A CH T R LS W OREGONAVSTINTA LNPA R K PLNW RIVEROAK D RLEAVITT WOODS LN GRIGGSSTS WJOHNDEEREDRSP R IN G LAKEC I R SKIN N E R S T S W 165 ST E W I LDWOODD RCOLORADO ST SE 144STW 153TER MUSHTOW N R D ALABAMAAVSLOUISIANAAVSBLUEHERON TRL EAGLE WOOD L NROLLIN G OA K S CIRNE D A K OT A HP K WYFLINTRDSEEDGEWOODAVSWOODLANDCIRNWDAKOTA H PKWYNW COUNT RYDR1 5 1 S T W ARBO RLNPRAIRIEGRASS D RNW161 ST E MCKENNA RDLANGFORD AVADRI ANC IRSE BOUDIN ST NE152 PL P EACE AV WALTER ST NW UTI C AAVS VIR GINIAAVSMCKENNARDNW134 ST W MAPLELNSEFLAGAVSLOCKSLIETRLMIKE C T HORIZ ONCI RS154 ST NEDAKOTAHPKWYNW SHORELINE LNSU N R I S E C T COUNTRYLNTAHINKACTNW1 4 7 ST WNATURESWAYSED AKO TATRAILNO R THNORTHRIDGED R BUTT E RNUTCIRNWHUMMINGBIRDTRL NEMAXINECIRE MEADOWWOODDRSAKPECI RMARYLAN D CIRP A RK RDWILLOWLNSW HAMPSHI REAVS180 ST E CREEKWO O D RDG LA SCO WTR L SE 1 3 6 S TW 146ST W SANTEETRLNW LORIRD SEMI TCHELLCI RSE JACKS O N CIR SUNSETCT B R ID GECROSS IN G HENNI NGCI R NEKINGS CTMARK CT179ST E H ARBORPLNEPAH A CIRCHATEAUAVJOHANNADRR HODEISLANDAVSUTAHPL 29 AV E FAIR VIEW R D SW MAPLE DR E D G E W OODAVSZINRANAVS160 ST NW COND ONSS TSEAMOSANDROSECIRNW 180 ST E 174ST E MERIDI A NWAY NE MCKA Y CTVALLEY VIEW RD GRAINW O O D C IR NE BIRCHRD SIOUXTRL WESTAV S E ANNAT RL SE APEX WAY N E1 52STW TAHINKAPLNWSIMP K I N SD R S W H I C K O RYCIR S W 15 3 PL OBRIEN C T S W WOOD RIDGEPATH ARCTICCI RNWTINTA LN BROOKMEREBLVDNW160 ST E PARK W O OD DR SE PONDSPKWYSECROWNLINEDRNE167 ST E C R12FRONTAGERDKILLARNEY AVMEADOWSWAY SEMANITOURDNEWEDGEWOODLNSWWEBSTERCT CLEARY PL FARICY LN DAKOTAAVSKNO LLRI D G EDRNW BR EWERD R NWHAMPS HIREAVALLEN BLVD S174 ST E WESTWOOD DRSE LA K EVIE W DRMURP H Y L A K ER D HILLS B O R OWAY CREEKWOODDRMISSIONTRLSEPROMI S E AV COTTONWOOD LNSESTEMMERRIDGERDNWPRIORWOODSTSE JEN N I FER LN JE F FERSPKWYNWMA P LET RLSEMARCIA L N CRE E KWOODCIR CREEKWOOD LNFISHERAVNEHUNT ERSLNCREDIT VIEWDR 175 ST ESTEMMERRIDGERDNWSUNSETAVPEBBLE BROOK CTSUNRAYCIRSW WESTSIDE DRDAKO TA AVHAMPSHIREAVSKOPPKW YSE 165 ST E O AK RI DGECIR SE456712 456742 456783 456744 456727 456781 456716 456727 456727 456718 456721 456717 456742 456723 456787 456717 456782 456781 456742456742 456721 456782 456714 456721 ?A13 ?A13 ?A13 ?A13 LowerPrior Lake PikeLake MysticLake HaasLake CampbellLake UpperPriorLake Spring Lake Cleary Lake ArcticLake Rice Lake BlindLake JeffersPond HowardLake This drawing is neither a legally recorded map nor a surveyand is not intended to be used as one. This drawing is acompilation of records, information and data from variouscity, county and state offices and other sources. Thisdocument should be used for reference only. Norepresentation is made that features presented accuratelyreflect true location. The City of P rior Lake, or any otherentity from w hich data was obtained, assumes no liability forany errors or omissions herein. If discrepancies are found,please contact the City of Prior Lake. 0 0.50.25 Miles City of Prior Lake²Minnesota 2019 Proposed CIPProjects Last Updated July 2019City of P rior Lake GIS Overlay (Budget) 2019 2020 Intersection by Year #(2019 #(2020 #(2021 #(2022 #(2023 #(2024 Reclaim (2020 CIP) 2019 2020 2021 2022 2023 2024 2025 Reconstruct (2020 C IP) 20192020 20212022 2022 (Private) 2023 2024 2025 CITY OF PRIOR LAKE, MN 2017 to 2021 AMENDED STREET RECONSTRUCTION PLAN ORIGINAL PLAN ADOPTED: AUGUST 22, 2016 AMENDED PLAN ADOPTED: JANUARY 8, 2018 City of Prior Lake 2017-2021 Street Reconstruction Plan Page 2 of 7 City of Prior Lake , MN 2017-2021 Amended Street Reconstruction Plan I. Introduction The City of Prior Lake (the “City”) historically has conducted street maintenance and reconstruction as part of its annual operational budget or as part of a street improvement capital improvement project. The maintenance and reconstruction has included seal coating, mill and overlay, complete reconstruction, and other such items incidental to the maintenance of city streets. The City finds that it does not always have the resources for reconstructing streets as quickly as required, due to increased need for major reconstruction projects. Due to this fact, the City has in the past and plans to in the future finance a portion of its street reconstruction through the issuance of General Obligation Street Reconstruction Bonds. The City adopted the 2017 to 2021 Street Reconstruction Plan on August 22, 2016 (the “Original Plan”. The 2017 to 2021 Amended Street Reconstruction Plan (the “Amended Plan”) was adopted on _______________, 2018, following a public hearing. II. Statutory Authority and Requirements Minnesota Statutes, Section 475.58, Subdivision 3b (the “Act”) authorizes Minnesota cities to adopt a Street Reconstruction Plan. The Plan must cover at least a five-year period and set forth the streets to be reconstructed, the estimated costs, and any planned reconstruction of other streets in the municipality over the next five years. Street Reconstruction Bonds can be used to finance the reconstruction and bituminous overlay of existing city streets. Eligible improvements may include turn lanes and other improvements having a substantial public safety function, realignments, other modifications to intersect with state and county roads, and the local share of state and county road projects. Except in the case of turn lanes, safety improvements, realignments, intersection modifications, and the local share of state and county road projects, street reconstruction does not include the portion of project cost allocable to widening a street or adding curbs and gutters where none previously existed. Street Reconstruction Bonds are subject to the debt limit. The Act sets forth specific requirements for the issuance of Street Reconstruction Bonds, which are as follows: City of Prior Lake 2017-2021 Street Reconstruction Plan Page 3 of 7 • The projects financed under this authority must be described in a street reconstruction plan, as described above. • The city must publish notice of and hold a public hearing on the proposed plan and the related issuance of bonds. The notice must be published at least ten days but not more than 28 days prior to the hearing date. • The Original Plan approved on August 22, 2016 was approved by a vote of all of the members of the governing body present at the meeting following a public hearing. • The Amended Plan must be approved by a vote of a two-thirds majority of the members of the governing body present at the meeting following a public hearing. • The issuance of bonds is subject to a reverse referendum. An election is required if voters equal to 5% of the votes cast in the last municipal general election file a petition with the city clerk within 30 days of the public hearing. If the city decides not to undertake an election, it may not propose the issuance of Street Reconstruction Bonds for the same purpose and in the same amount for a period of 365 days from the date of receipt of the petition. If the question of issuing the bonds is submitted and not approved by the voters, the provisions of section 475.58, subdivision 1a, shall apply (no resubmission for same purpose/amount for 180 days). III. History and Existing Street Reconstruction Bonds At the time of the approval of the Original Plan , the following Street Reconstruction (issued under Chapter 475) were outstanding: At the time of the approval of the Amended Plan, the following Street Reconstruction Bonds (issued under Chapter 475) were outstanding: Bond Issue Amount Outstanding $1,400,000 G.O. Street Reconstruction Bonds, Series 2007B $ 330,000 $3,240,000 G.O. Bonds, Series 2011A 295,000 $5,780,000 G.O. Bonds, Series 2011B 400,000 $3,240,000 G.O. Bonds, Series 2013A 425,000 $2,665,000 G.O. Bonds, Series 2014A 1,985,000 $2,490,000 G.O. Taxable Bonds, Series 2015B 2,330,000 $3,505,000 G.O. Bonds, Series 2016A 350,000 Total Outstanding Street Reconstruction Bonds $ 6,115,000 Bond Issue Amount Outstanding $3,240,000 G.O. Bonds, Series 2011A $ 205,000 $5,780,000 G.O. Bonds, Series 2011B 290,000 City of Prior Lake 2017-2021 Street Reconstruction Plan Page 4 of 7 IV. Net Debt Limits Minnesota Statutes Section 475.53, Subd. 1 states that no municipality, except a school district or a city of the first class, shall incur or be subject to a net debt in excess of three percent of the market value of taxable property in the municipality. Bonds issued under the authority granted by this Street Reconstruction Plan are subject to the net debt limit restriction described above. The net debt capacity for the City at time of approval of the Original Plan is shown below under Statutory Debt Limit. Statutory Debt Limit1 Minnesota Statutes, Section 475.53 states that a city or county may not incur or be subject to a net debt in excess of three percent (3%) of its estimated market value. Net debt is, with limited exceptions, debt paid solely from ad valorem taxes. Computation of Legal Debt Margin as of May 2, 2016: 1 Effective June 2, 1997 and pursuant to Minnesota Statutes 465.71, any lease revenue or public project revenue bond issues/agreements of $1,000,000 or more are subject to the statutory debt limit. Lease revenue or public project revenue bond issues/agreements less than $1,000,000 are not subject to the statutory debt limit. $3,240,000 G.O. Bonds, Series 2013A 325,000 $2,665,000 G.O. Bonds, Series 2014A 1,605,000 $2,490,000 G.O. Taxable Bonds, Series 2015B 1,860,000 $3,505,000 G.O. Bonds, Series 2016A 320,000 Total Outstanding Street Reconstruction Bonds $ 4,605,000 2015/2016 Estimated Market Value $2,981,761,500 Multiplied by 3% x 0.03 Statutory Debt Limit $ 89,452,845 $6,260,000 G.O. Refunding Bonds, Series 2005A ( 1,535,000) $1,400,000 G.O. Street Reconstruction Bonds, Series 2007B ( 330,000) $3,240,000 G.O. Bonds, Series 2011AError! Bookmark not defined. ( 295,000) $5,780,000 G.O. Bonds, Series 2011B ( 3,780,000) $9,825,000 G.O. Capital Improvement Plan Bonds, Series 2012A ( 8,240,000) $3,240,000 G.O. Bonds, Series 2013A ( 425,000) $2,665,000 G.O. Bonds, Series 2014A ( 1,985,000) $2,490,000 Taxable G.O. Bonds, Series 2015B ( 2,330,000) $3,630,000 G.O. Bonds, Series 2016A ( 760,000) Less outstanding debt applicable to debt limit: ($ 19,680,000) Legal debt margin $ 69,772,845 City of Prior Lake 2017-2021 Street Reconstruction Plan Page 5 of 7 At time of the approval of the Original Plan, the City approved the issuance of an amount not to exceed $2,680,000 in General Obligation Street Reconstruction Bonds between August 22, 2016 and August 22, 2021. (The maximum amount included estimated cost of issuance of bonds and rounding.) The not to exceed bond issuance amount was within the City's Legal Debt Margin. At time of approval of the Amended Plan the City’s Statutory Debt Limit is as follows: Computation of Legal Debt Margin as of January 2, 2018: Amended Plan provides for the issuance of a not to exceed amount of $4,015,000 in General Obligation Street Reconstruction Bonds between August 22, 2016 and August 22, 2021. (The maximum amount includes estimated cost of issuance of bonds and rounding). The proposed bond issuance is within the current City’s Legal Debt Margin, as of the date of adoption of the Amended Plan. V. Proposed Street Reconstruction and Cost Estimate The Original Plan is detailed in Table A. The Amended Plan is detailed in Table B. The City reserves the right to adjust the amount of annual spending between years, as long as the overall 2017 to 2021 Street Reconstruction Plan is not increased. 2016/2017 Estimated Market Value $3,076,199,800 Multiplied by 3% x 0.03 Statutory Debt Limit $ 92,285,994 $3,240,000 G.O. Bonds, Series 2011AError! Bookmark not defined. ( 205,000) $5,780,000 G.O. Bonds, Series 2011B ( 3,400,000) $9,825,000 G.O. Capital Improvement Plan Bonds, Series 2012A ( 7,395,000) $3,240,000 G.O. Bonds, Series 2013A ( 325,000) $2,665,000 G.O. Bonds, Series 2014A ( 1,605,000) $2,490,000 Taxable G.O. Bonds, Series 2015B ( 1,860,000) $3,630,000 G.O. Bonds, Series 2016A ( 675,000) $4,505,000 G.O. Bonds, Series 2017A ( 370,000) Less outstanding debt applicable to debt limit: ($ 15,835,000) Legal debt margin $ 76,450,994 City of Prior Lake 2017-2021 Street Reconstruction Plan Page 6 of 7 CITY OF PRIOR LAKE 2017-2022 STREET RECONSTRUCTION PLAN Amounts August 22, 2016 through August 22, 2017 County wide flashing yellow signal conversion $75,000 TOTAL 2017 $75,000 August 23, 2017 through August 22, 2018 TOTAL 2018 $0 August 23, 2018 through August 22, 2019 Fish Point Road (Fawn Meadows to CR 21) Reconstruction $600,000 CSAH 21 Bridge Deck Replacement $175,000 CR 21 / TH 13 / Main Ave Reconstruction and / Arcadia Signal $500,000 TOTAL 2019 $1,275,000 August 23, 2019 through August 22, 2020 CSAH 21 and CASH 87 Reconstruction $350,000 TOTAL 2020 $350,000 August 23, 2020 through August 22, 2021 Northwood Road (Fremont to Knollridge) (1994) Reconstruction $900,000 TOTAL 2021 $900,000 GRAND TOTAL (3/30/17 THROUGH 3/30/22)$2,600,000 Bond Issuane Costs, Capitalized Interest, and Rounding $80,000 GRAND TOTAL $2,680,000 TABLE A City of Prior Lake 2017-2021 Street Reconstruction Plan Page 7 of 7 CITY OF PRIOR LAKE 2017-2021 AMENDED STREET RECONSTRUCTION PLAN Amounts August 22, 2016 through August 22, 2017 County wide flashing yellow signal conversion $75,000 TOTAL 2017 $75,000 August 23, 2017 through August 22, 2018 Duluth Avenue / TH 13 Signal $1,300,000 TOTAL 2018 $1,300,000 August 23, 2018 through August 22, 2019 Fish Point Road (Fawn Meadows to CR 21) Reconstruction $600,000 CSAH 21 Bridge Deck Replacement $175,000 CR 21 / TH 13 / Main Ave Reconstruction and / Arcadia Signal $500,000 TOTAL 2019 $1,275,000 August 23, 2019 through August 22, 2020 CSAH 21 and CASH 87 Reconstruction $350,000 TOTAL 2020 $350,000 August 23, 2020 through August 22, 2021 Northwood Road (Fremont to Knollridge) (1994) Reconstruction $900,000 TOTAL 2021 $900,000 GRAND TOTAL (3/30/17 THROUGH 3/30/22)$3,900,000 Bond Issuance Costs, Capitalized Interest, and Rounding $115,000 GRAND TOTAL $4,015,000 TABLE B CITY OF PRIOR LAKE Adopted 08/05/2019 CITY OF PRIOR LAKE 2020 - 2028 STREET OVERLAY PLAN (PIR F450) 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 PIR Fund (F450) Use of Funds: Street Overlay Project 700,000$ 700,000$ 700,000$ 700,000$ 700,000$ 700,000$ 700,000$ 700,000$ 700,000$ 700,000$ Transfer to Debt Service Funds 279,933 399,419 507,187 539,756 543,575 561,343 561,343 561,343 561,343 561,343 Total Use of Funds 979,933$ 1,099,419$ 1,207,187$ 1,239,756$ 1,243,575$ 1,261,343$ 1,261,343$ 1,261,343$ 1,261,343$ 1,261,343$ Sources of Funds: Special Assessment Revenue 305,390 418,922 497,173 535,221 563,093 575,946 579,376 587,412 594,860 594,860 Bond Proceeds 490,000 490,000 490,000 490,000 490,000 490,000 490,000 490,000 490,000 490,000 Tax Levy 130,000 165,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 Transfer from General Fund (portion of previous GF tax levy) Potential change in tax levy based on prepaid and transfers Interest Earnings (1.75%)6,477 5,636 5,288 5,031 4,864 5,116 5,286 5,519 5,897 6,412 Total Source of Funds 931,867$ 1,079,558$ 1,192,462$ 1,230,252$ 1,257,957$ 1,271,062$ 1,274,662$ 1,282,931$ 1,290,757$ 1,291,272$ Change in Fund Balance (48,066)$ (19,860)$ (14,726)$ (9,504)$ 14,383$ 9,719$ 13,319$ 21,588$ 29,414$ 29,929$ Beginning Fund Balance 370,115$ 322,050$ 302,189$ 287,464$ 277,960$ 292,342$ 302,061$ 315,380$ 336,968$ 366,382$ Ending Fund Balance 322,050$ 302,189$ 287,464$ 277,960$ 292,342$ 302,061$ 315,380$ 336,968$ 366,382$ 396,310$ Adopted 08/05/2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Use of Funds: Fire Dept Total 115,000$ 700,000$ 100,000$ 186,000$ 140,000$ -$ 45,000$ -$ -$ -$ Police Dept Total 443,000 197,000 243,000 230,000 157,000 209,000 263,000 211,000 203,000 261,000 Public Works Dept Total 642,000 738,000 739,000 476,000 502,000 785,000 448,000 819,000 848,000 1,362,000 Total Use of Funds 1,200,000$ 1,635,000$ 1,082,000$ 892,000$ 799,000$ 994,000$ 756,000$ 1,030,000$ 1,051,000$ 1,623,000$ Source of Funds: Interest Earnings (1.5%)7,000 3,000 7,000 4,000 5,000 7,000 11,000 15,000 15,000 15,000 Annual Equipment Levy 625,000 650,000 675,000 700,000 725,000 750,000 775,000 800,000 825,000 850,000 Water Fund Contribution 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 Sewer Fund Contribution 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 Water Quality Fund Contribution 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 Forfeiture Funds / Donations - 33,000 34,000 35,000 - - - 40,000 - - Auction Proceeds 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 Bond Proceeds 115,000 1,025,000 - - - 350,000 - - 450,000 Total Source of Funds 939,000$ 1,903,000$ 908,000$ 931,000$ 922,000$ 1,299,000$ 978,000$ 1,047,000$ 1,032,000$ 1,507,000$ Change in Fund Balance (261,000)$ 268,000$ (174,000)$ 39,000$ 123,000$ 305,000$ 222,000$ 17,000$ (19,000)$ (116,000)$ Beginning Fund Balance 453,000$ 192,000$ 460,000$ 286,000$ 325,000$ 448,000$ 753,000$ 975,000$ 992,000$ 973,000$ Ending Fund Balance 192,000$ 460,000$ 286,000$ 325,000$ 448,000$ 753,000$ 975,000$ 992,000$ 973,000$ 857,000$ CITY OF PRIOR LAKE 2020 - 2029 EQUIPMENT REPLACEMENT PLAN Page 1 of 1 CITY OF PRIOR LAKE Adopted 08/05/2019 2020 - 2029 PARK PLAN 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Capital Park Fund (F225) Use of Funds: Neighborhood Park Development - 170,000 - 170,000 - 170,000 - 170,000 170,000 New DevelopmentTrail Alignments - -- -- - - -- - Community Park Development General Parks - - - - 170,000 - 170,000 - 170,000 - 170,000 - 170,000 Sources of Funds: Bond Proceeds - Park Referendum Park Dedication Fees (before new park development credit)506,000 506,000 450,000 450,000 450,000 450,000 450,000 450,000 450,000 450,001 Miscellaneous Revenues (including interest)52,000 60,000 66,000 74,000 79,000 87,000 92,000 101,000 106,000 115,000 Total Source of Funds 558,000 566,000 516,000 524,000 529,000 537,000 542,000 551,000 556,000 565,001 Change in Fund Balance 558,000$ 396,000$ 516,000$ 354,000$ 529,000$ 367,000$ 542,000$ 381,000$ 556,000$ 395,001$ Beginning Fund Balance 1,839,000$ 2,397,000$ 2,793,000$ 3,309,000$ 3,663,000$ 4,192,000$ 4,559,000$ 5,101,000$ 5,482,000$ 6,038,000$ Ending Fund Balance 2,397,000$ 2,793,000$ 3,309,000$ 3,663,000$ 4,192,000$ 4,559,000$ 5,101,000$ 5,482,000$ 6,038,000$ 6,433,001$ Revolving Park Equipment Fund (F430) Use of Funds: Capital Replacement Projects 13,000 15,000 125,000 125,000 125,000 125,000 125,000 125,000 Park Amenity Replacements 146,000 150,000 155,000 159,000 164,000 169,000 174,000 179,000 185,000 190,000 Trail, Sidewalk, and Boardwalk Replacement 200,000 225,000 250,000 275,000 300,000 325,000 350,000 375,000 400,000 412,000 Natural Area Restoration - - - - - - - - - - Existing Trail and Sidewalk Gap Priorities - - - - - - - - - - Total Use of Funds 346,000 375,000 418,000 449,000 589,000 619,000 649,000 679,000 710,000 727,000 Sources of Funds: Interest Earnings (1.5%)9,000 9,000 9,000 9,000 10,000 8,000 8,000 8,000 8,000 8,000 Tax Levy 319,000 375,000 418,000 449,000 499,000 569,000 649,000 679,000 710,000 727,000 Bond Proceeds - - .... Total Source of Funds 328,000 384,000 427,000 458,000 509,000 577,000 657,000 687,000 718,000 735,000 Change in Fund Balance (18,000)$ 9,000$ 9,000$ 9,000$ (80,000)$ (42,000)$ 8,000$ 8,000$ 8,000$ 8,000$ Beginning Fund Balance 632,000$ 614,000$ 623,000$ 632,000$ 641,000$ 561,000$ 519,000$ 527,000$ 535,000$ 543,000$ Ending Fund Balance 614,000$ 623,000$ 632,000$ 641,000$ 561,000$ 519,000$ 527,000$ 535,000$ 543,000$ 551,000$ Adopted 8/5/2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Use of Funds: Hardware Administration 8,400$ 7,393$ 6,997$ 6,168$ 10,468$ 7,671$ 8,609$ 7,541$ 7,120$ 6,240$ Building Inspection/Engineering - - 5,886 1,168 7,165 2,599 - 6,186 - - Community/Economic Development - 1,041 1,051 2,229 1,179 1,200 - 1,105 1,116 2,366 Finance - -3,363 1,000 2,573 1,191 - -3,570 - Fire 9,891 - - - - - 10,499 - - - Police 2,885 8,949 10,993 6,062 14,903 21,007 8,312 5,413 8,880 3,731 Public Works 1,855 7,284 7,462 5,095 4,002 12,236 1,969 5,744 7,921 2,479 Cable Television 11,127 - 7,883 - 37,413 - 11,046 4,584 77,323 5,916 Printers/Scanners 3,946 22,576 24,504 21,316 15,975 1,083 7,929 3,424 6,694 - Network Infrastructure 75,318 34,509 14,322 14,752 15,194 15,650 43,462 16,603 17,101 25,840 Miscellaneous - 9,365 1,997 - - 35,657 - - - - Total Hardware 113,422$ 91,118$ 84,457$ 57,790$ 108,873$ 98,295$ 91,826$ 50,600$ 129,724$ 46,572$ Software Existing / Maintenance / Upgrades 210,345$ 240,722$ 178,478$ 180,619$ 185,914$ 187,869$ 193,487$ 204,750$ 205,234$ 289,300$ Proposed Software 1,500 26,500 24,000 5,000 5,000 - - - - - Total Software 211,845$ 267,222$ 202,478$ 185,619$ 190,914$ 187,869$ 193,487$ 204,750$ 205,234$ 289,300$ Total Use of Funds 325,266$ 358,340$ 286,935$ 243,409$ 299,787$ 286,164$ 285,313$ 255,350$ 334,958$ 335,872$ Source of Funds: General Fund 191,844$ 267,934$ 165,046$ 147,150$ 163,346$ 180,023$ 170,322$ 145,054$ 142,951$ 216,566$ Water Fund 61,566$ 45,933$ 54,058$ 46,744$ 48,789$ 54,409$ 52,390$ 52,610$ 54,189$ 55,814$ Sewer Fund 60,330$ 44,060$ 59,524$ 47,911$ 48,789$ 51,269$ 51,078$ 52,610$ 59,990$ 55,814$ Water Quality Fund 400$ 412$ 424$ 1,604$ 1,450$ 463$ 477$ 492$ 506$ 1,761$ Cable Franchise Fund 11,127$ -$ 7,883$ -$ 37,413$ -$ 11,046$ 4,584$ 77,323$ 5,916$ Total Source of Funds 325,266$ 358,340$ 286,935$ 243,409$ 299,787$ 286,164$ 285,313$ 255,350$ 334,958$ 335,872$ Net Source (Use) of Funds -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Operating Budget 216,616$ 255,682$ 244,549$ 217,093$ 257,095$ 282,915$ 257,971$ 255,350$ 250,942$ 263,755$ Capital Improvement Plan 108,650$ 102,657$ 42,386$ 26,316$ 42,692$ 3,249$ 27,342$ -$ 84,017$ 72,117$ Source of Funds (Operating Budget): General Fund 126,026$ 165,277$ 140,013$ 120,834$ 146,981$ 178,940$ 142,979$ 145,054$ 136,257$ 144,450$ Water Fund 44,013$ 45,933$ 45,382$ 46,744$ 48,789$ 53,326$ 52,390$ 52,610$ 54,189$ 55,814$ Sewer Fund 42,777$ 44,060$ 50,847$ 47,911$ 48,789$ 50,186$ 51,078$ 52,610$ 59,990$ 55,814$ Water Quality Fund 400$ 412$ 424$ 1,604$ 1,450$ 463$ 477$ 492$ 506$ 1,761$ Cable Franchise Fund 3,400$ -$ 7,883$ -$ 11,086$ -$ 11,046$ 4,584$ -$ 5,916$ Total Source of Funds: Op. Budget 216,616$ 255,682$ 244,549$ 217,093$ 257,095$ 282,915$ 257,971$ 255,350$ 250,942$ 263,755$ Source of Funds (CIP): General Fund 65,818$ 102,657$ 25,033$ 26,316$ 16,365$ 1,083$ 27,342$ -$ 6,694$ 72,117$ Water Fund 17,553$ -$ 8,676$ -$ -$ 1,083$ -$ -$ -$ -$ Sewer Fund 17,553$ -$ 8,676$ -$ -$ 1,083$ -$ -$ -$ -$ Water Quality Fund -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Cable Franchise Fund 7,727$ -$ -$ -$ 26,327$ -$ -$ -$ 77,323$ -$ Total Source of Funds: CIP 108,650$ 102,657$ 42,386$ 26,316$ 42,692$ 3,249$ 27,342$ -$ 84,017$ 72,117$ CITY OF PRIOR LAKE 2020 - 2029 TECHNOLOGY PLAN R:\CIP\2020-2024 CIP\DRAFTS\Public Hearing 8.5.2019\Technology Plan - 2020-2024 Proposed Expenditures.docx Technology Plan 2020 – Proposed Significant Annual Expenditures The Technology Plan summarizes the city’s operating and capital expenditures for technology related items in accordance with our policy. General Fund Computer Replacement (includes work station, lap tops, tough books, iPads, etc.) 2020: $21,000 2021: $19,700 2022: $31,000 City computers are on a six-year replacement schedule and laptops/tough books on a five-year replacement schedule. Website Redesign 2020: $45,000 2021: $5,000 (annual license fee) Redesign of city website. An external audit of city’s network security indicated that the platform on which the city’s website resides is a security risk for hackers because the programming is outdated and no longer supported. New website would include email sign up on specific topics and capability to send alerts. Will make website device friendly for use on phones and ipads, etc. Servers 2020: $25,000 2020: $36,000 Replacement/upgrade of physical servers. In 2020, the SAN needs to be replaced ($36,000) because it is end of life. The SAN is the storage network for all city data and systems. Both virtual servers ($25,000) also need to be replaced as their life span is 6 years and the current ones were purchased in 2014. Infrastructure 2020: $9,000 2021: $12,000 Replacement of network switches and switch blades to support servers and network. Software/Consulting Services 2021: $20,000 Block time to develop online business licensing application processing, workflow and payment. Copiers 2021: $18,730 (large map) 2022: $8,500 (Public Works) 2023: $10,000 (Police) 2024: $11,000 (Building) Copier replacements. Police Dept Interview Room 2021: $64,000 To update and replace video cameras, server and storage for police interview rooms. Epson Projector 2021: $5,700 Replacement of Parkview Conference Room projector. R:\CIP\2020-2024 CIP\DRAFTS\Public Hearing 8.5.2019\Technology Plan - 2020-2024 Proposed Expenditures.docx Water Fund BS&A Utility Billing System 2020: $17,600 Utility billing system replacement/vendor is phasing out system support Sewer Fund BS&A Utility Billing System 2020: $17,600 Utility billing system replacement/ vendor is phasing out system support Cable Fund Live Stream City Meetings 2020 - $10,000 To install and adapt system for live webstreaming, chapter marking and archiving the meetings and agendas. CITY OF PRIOR LAKE 2020 - 2029 FACILITIES MANAGEMENT PLAN Adopted 8/5/2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Use of Funds: City Hall - 47,000 - - 255,000 - 945,000 - - - Police Station - 168,000 - - 310,000 - 514,000 - - - Fire Station #1 - 80,000 - 15,000 148,000 - -- - - Fire Station #2 20,000 - - 31,000 29,000 - 240,000 - 153,000 - Library & Club Prior 84,000 3,000 - - 143,000 - -228,000 - 285,000 Maintenance Center 10,000 31,000 6,000 - 120,000 - 309,000 209,000 5,000 17,000 Water Treatment Facility - - - 139,000 40,000 - - 267,000 447,000 61,000 Total Use of Funds 114,000 329,000 6,000 185,000 1,045,000 - 2,008,000 704,000 605,000 363,000 Source of Funds: Interest Earnings (1.5%)9,000 9,810 7,770 10,980 12,135 9,840 14,625 12,450 7,875 5,310 Transfer from General Fund - - - - - - - - - - Transfer from Water Fund 87,000 90,000 93,000 96,000 99,000 102,000 105,000 108,000 111,000 114,000 Transfer from Sewer Fund 12,000 13,000 14,000 15,000 16,000 17,000 18,000 19,000 20,000 21,000 Annual Property Tax Levy 30,000 80,000 105,000 140,000 165,000 190,000 225,000 260,000 295,000 330,000 Bond Proceeds - - - 600,000 - 1,500,000 - - - Total Source of Funds 138,000 193,000 220,000 262,000 892,000 319,000 1,863,000 399,000 434,000 470,000 Change in Fund Balance 24,000 (136,000) 214,000 77,000 (153,000) 319,000 (145,000) (305,000) (171,000) 107,000 Beginning Fund Balance 630,000 654,000 518,000 732,000 809,000 656,000 975,000 830,000 525,000 354,000 Ending Fund Balance 654,000 518,000 732,000 809,000 656,000 975,000 830,000 525,000 354,000 461,000 CITY OF PRIOR LAKE Adopted 08/05/2019 2020 - 2029 WATER OPERATING PLAN 2020-2029 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Totals Use of Funds: Operations & Maintenance 2,134,081$ 2,240,785$ 2,352,824$ 2,470,466$ 2,593,989$ 2,723,688$ 2,859,873$ 3,002,866$ 3,153,010$ 3,310,660$ 25,567,091 Capital Projects 170,103 2,513,767$ 2,010,082$ 685,987$ 2,021,077$ 1,903,460$ 1,006,392$ 186,423$ 1,133,576$ 197,853$ 13,773,694 Interfund Transfer 369,110 378,170$ 387,420$ 396,850$ 406,480$ 416,300$ 426,330$ 436,570$ 447,030$ 457,710$ 4,013,769 Debt Service 728,500 740,170$ 749,300$ 779,870$ 785,085$ 793,962$ 793,807$ 799,533$ 811,300$ 646,217$ 7,710,712 Total Use of Funds 3,401,795 5,872,892 5,499,625 4,333,173 5,806,631 5,837,411 5,086,401 4,425,393 5,544,915 4,612,440 51,065,267 Source of Funds: Water Usage Charge 4,348,897 4,614,822 4,896,758 5,190,587 5,501,897 5,831,712 6,181,114 6,551,245 6,943,315 7,358,601 54,131,851 Special Utility Billing District - 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 800,000 Other Revenues 144,560 146,006 148,926 151,904 154,943 158,041 161,202 164,426 167,715 171,069 1,512,724 Bond Proceeds - - - - - - - - - - 0 Trunk Fund Contribution - - - - - - - - - - 1,188,000 Total Source of Funds 4,493,458 4,860,828 5,145,684 5,442,491 5,756,840 6,089,754 6,442,316 6,815,671 7,211,030 7,629,670 57,632,575 Change in Fund Balance 1,091,663$ (1,012,064)$ (353,941)$ 1,109,319$ (49,791)$ 252,343$ 1,355,915$ 2,390,278$ 1,666,114$ 3,017,230$ 6,567,308$ Beginning Fund Balance 3,846,566$ 4,938,229$ 3,926,165$ 3,572,224$ 4,681,543$ 4,631,752$ 4,884,095$ 6,240,009$ 8,630,288$ 10,296,402$ Ending Fund Balance 4,938,229$ 3,926,165$ 3,572,224$ 4,681,543$ 4,631,752$ 4,884,095$ 6,240,009$ 8,630,288$ 10,296,402$ 13,313,632$ CITY OF PRIOR LAKE Adopted 08/05/2019 2020 - 2029 SANITARY SEWER OPERATING PLAN 2020-2029 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Totals Use of Funds: Operations & Maintenance 1,113,131$ 1,146,525$ 1,180,921$ 1,216,348$ 1,252,839$ 1,290,424$ 1,329,137$ 1,369,011$ 1,410,081$ 1,452,383$ 12,760,799 MCES Fees 1,752,922 1,901,228 2,061,707 2,233,167 2,418,528 2,618,898 2,835,468 3,069,526 3,322,458 3,595,760 25,809,661 Capital Improvement Projects 225,707 766,899 2,059,508 695,856 1,058,600 1,424,891 1,182,548 581,004 1,338,684 271,595 9,605,292 Interfund Transfer 294,110 301,170 308,420 315,850 323,480 331,300 339,330 347,570 356,030 364,710 3,281,970 Debt Service 174,450 169,650 257,773 257,773 257,573 252,173 250,423 253,423 255,923 87,923 2,217,083 Total Use of Funds 3,560,320 4,285,472 5,868,328 4,718,994 5,311,020 5,917,686 5,936,905 5,620,534 6,683,176 5,772,371 53,674,806 Source of Funds: Wastewater Collection Revenue 4,294,716 4,638,582 5,010,341 5,406,959 5,835,430 6,298,290 6,798,271 7,338,321 7,921,618 8,551,589 62,094,118 Special Utility Billing District - 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 900,000 Other Revenues 40,000 40,400 40,804 41,212 41,624 42,040 42,461 42,885 43,314 43,747 418,489 Interfund Transfer Bond Proceeds - 750,000 - - - - - - - - 750,000 Total Source of Funds 4,334,716 5,528,982 5,151,145 5,548,171 5,977,054 6,440,330 6,940,732 7,481,207 8,064,933 8,695,337 64,162,606 Change in Fund Balance 774,396$ 1,243,510$ (717,183)$ 829,177$ 666,035$ 522,645$ 1,003,827$ 1,860,673$ 1,381,757$ 2,922,966$ 10,487,800$ Beginning Fund Balance 1,053,100$ 1,827,495$ 3,071,005$ 2,353,822$ 3,182,998$ 3,849,033$ 4,371,678$ 5,375,504$ 7,236,177$ 8,617,934$ Ending Fund Balance 1,827,495$ 3,071,005$ 2,353,822$ 3,182,998$ 3,849,033$ 4,371,678$ 5,375,504$ 7,236,177$ 8,617,934$ 11,540,900$ CITY OF PRIOR LAKE Adopted 08/05/2019 2020-2029 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Totals Use of Funds: Operations & Maintenance 744,765$ 658,309$ 677,335$ 696,944$ 717,156$ 737,988$ 759,461$ 781,594$ 804,407$ 827,924$ 7,405,883$ Capital Projects 75,000 474,000 511,000 353,000 690,000 800,000 695,000 - 428,000 - 4,026,000 Total Use of Funds 819,765 1,132,309 1,188,335 1,049,944 1,407,156 1,537,988 1,454,461 781,594 1,232,407 827,924 11,431,883 Source of Funds: Interest Earnings (1.5%)11,600$ 18,208$ 24,840$ 26,738$ 28,688$ 34,239$ 34,267$ 33,073$ 34,566$ 49,675$ 295,894$ Charges for Services 1,166,681 1,216,703 1,268,869 1,323,272 1,380,007 1,439,175 1,500,879 1,565,229 1,632,339 1,702,325 14,195,479 Grants - - - - - - - - - - - Total Source of Funds 1,178,281 1,234,910 1,293,709 1,350,010 1,408,695 1,473,414 1,535,148 1,598,304 1,666,907 1,752,004 14,491,382$ Change in Fund Balance 358,516$ 102,602$ 105,374$ 300,066$ 1,539$ (64,575)$ 80,687$ 816,711$ 434,500$ 924,080$ 3,059,499$ Beginning Fund Balance 984,200$ 1,342,716$ 1,445,318$ 1,550,692$ 1,850,757$ 1,852,296$ 1,787,722$ 1,868,408$ 2,685,116$ 3,119,613$ Ending Fund Balance 1,342,716$ 1,445,318$ 1,550,692$ 1,850,757$ 1,852,296$ 1,787,722$ 1,868,408$ 2,685,116$ 3,119,613$ 4,043,689$ 2020 - 2029 WATER QUALITY OPERATING PLAN Page 1 of 4 DEBT ANALYSIS AND TAX IMPACT In reviewing the 2020-2024 Capital Improvement Program, the City Council should consider the level of debt as well as the annual tax impact of the scheduled projects. As of 12/31/2018, the City of Prior Lake had $42,791,434 in debt. The following chart reflects the type of debt that comprised the $42.8M: The 2020-2024 CIP includes projects that are funded by bond proceeds. Bonds are issued for the project costs that the City is funding through tax levies as well as the costs that are specially assessed to property owners. The CIP anticipates $14,570,000 in bonding for projects in the Transportation Plan for 2020- 2024, and the following major facility repairs, equipment replacement and water/sewer plan capital projects by year: Major Facility Repairs Equipment Replacements Water & Sewer Plan 2020 - 115,000 - 2021 - 1,025,000 750,000 2022 - - - 2023 - - - 2024 600,000 - - The equipment replacements are as follows: 2020 - Replacement of Police radios: The radios will require encryption to be compatible with law enforcement agencies within Scott County. The radios were originally planned for purchase over a four- year time period. Staff was directed by Council to purchase the radios by the end of 2020 (two-year time Debt Type Amount as of December 31, 2018 Purpose G.O. Special Assessments 17,585,000 Street Improvement Projects G.O. TIF Bonds 160,000 Tax Increment Project G.O. Bonds (MV)2,970,000 Referendum Project (Fire Station #2) G.O. Bonds 2,835,000 Street Reconstruction Projects G.O. Bonds 325,000 Public Works Building Project G.O. Bonds 905,000 Equipment G.O. Revenue Bonds 9,270,000 Maintenance Facility, Water Treatment Facility & Utility Replacement Projects G.O. Capital Improvement Bonds 6,925,000 City Hall & Police Station Energy Lease Loan Payable (GESP)1,816,434 Guaranteed Energy Savings Program Projects Total 42,791,434 Page 2 of 4 period). This will allow us to do all training and installation with new equipment at one time and is consistent with all other Scott County law enforcement agencies. 2021- Replacement of a 25-year-old Fire pumper: The pumper technology is old/outdated which results in issues with pumps, valves, etc. It has failed the annual pump test resulting in additional annual repair and maintenance costs. It is overweight and underpowered which can lead to brake and engine issues. 2021- Replacement of Public Works equipment including a Case Loader used for plowing snow and a Tractor used for turf maintenance and snow removal. The 2024 major facility expenditures are for City Hall and Police Station membrane roofing and a new parking lot at the Library/Club Prior. There is one street project scheduled for 2020 which includes a property tax levy (payable 2021) as listed below: Project Description Project Levy CSAH 42 (CR83 to CVR17) $155,600 There is equipment replacement scheduled for 2020 which would be funded with bonds and the debt service paid with debt service tax levy: Project Description Project Levy Equipment Replacement- Police Radios $ 115,000 Summary of Projected Debt Balances The following tables reflect all bonding requirements referenced in the CIP, Transportation Plan, Facilities Management Plan, Equipment Replacement Plan and Street Overlay Plan. It does NOT include the bonding that may be presented to residents by referendum for community park improvements (identified in the Park Plan). It reflects the cumulative effect of new debt issued and the retirement of existing debt. Page 3 of 4 The following chart reflects the cumulative effect of new debt issued as indicated in the proposed CIP and the retirement of existing debt on a per capita basis. Bond Repayment through Debt Service Tax Levy: The impact of the 2020-2024 CIP and other anticipated bond payment adjustments on the debt service property tax levy are reflected in the following tables: Each year, certain bond issues mature, and the corresponding debt service payments are eliminated. In the early 2000’s, the level of bonding was lower due to the capital improvement projects being much smaller in scope. Current projects are larger because we have accelerated the street reconstruction plan to address maintenance issues and to follow the County transportation plan. The amount of debt service dropping off each year is less than the amount that we are adding for new CIP projects in 2020 and subsequent years. This results in an increase in the debt service property tax levy. The debt service for 2020 s already established. The Council approved the sale of bonds for the 2019 projects at the council meeting on June 3, 2019. The 2019 capital projects are noted below: • 2019 Street Improvement Project Page 4 of 4 o 2019 Street Mill and Overlay Project • 2019 Street Reconstruction Projects o CR 21/ TH 13 / Main Ave / Arcadia o Fish Point Road (Fawn Meadows to CR 21) • Fire water tanker replacement The first levy associated with the 2019 bond issue will be in 2020. The CIP projects proposed for 2020 will impact the debt service levy beginning in 2021. The City works cooperatively with other agencies such as Scott County, MNDOT, and SMSC to coordinate the timing and funding of transportation projects. As noted above, the CIP includes bonding for the replacement of a fire truck in 2021 and significant facilities work in 2024. Bond Repayment Debt Service supported by Water and Sewer Fund Revenues: While not directly impacting the tax levy, revenues of the Water and Sewer Funds support the annual debt service for the Water Treatment Plant debt refunding bond issues, the AMRS replacement, and the Huron area street improvements. Staff is proposing debt issuance of $750,000 in 2021 for the sewer plan to fund the significant utility replacement projects. The projected annual debt service for the utility funds is shown below: The debt service for the utility revenue bonds is funded through the water/sewer user fees. The projected debt service levy estimated for years 2020-2024 is based on ten-year level annual debt service payments. City staff annually reviews debt service fund revenue/cash to potentially allow for a portion of the debt service tax levy to be reduced. The table below summarized the projected CIP tax levy by component. 2020 2021 2022 2023 2024 Water Fund 728,500 740,170 749,300 779,870 785,085 Sewer Fund 174,450 169,650 257,773 257,773 257,573 2020-2024 CIP Projected Debt Service (funded by Utility Fund Revenues)