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HomeMy WebLinkAbout08(A) - Conduct a Public hearing to Consider the 2021-2025 Capital Improvement Program(CIP) and Street Reconstruction Plan Report2021 - 2025 Capital Improvement Program DRAFT TABLE OF CONTENTS (Pg 1 of 2) 1.Department Summary This table summarizes total project costs each year by department. 2.Funding Source Summary This table summarizes the impact of the projects identified in the CIP on each of the funding sources. 3.Projects by Department and Category This table categorizes each of the projects by department. 4.Projects by Funding Source This table summarizes each funding source with the corresponding projects. 5. Transportation Plan (2021-2025) Projects & Funding Sources by Department - This table provides a five-year summary of street overlay and improvement projects and funding sources. Projects & Funding Sources by Department – This table provides the five- year detail of street overlay and improvement projects and funding sources by project. Permanent Improvement Revolving Fund Sources and Uses of Funds – This table provides a five-year projection of revenues, expenditures, and fund balance. The Transportation Plan Map identifies the proposed CIP projects. The Street Reconstruction Plan (11/16/20) identifies the projects that could potentially be funded by street reconstruction bonds 6.Equipment Replacement Plan (2021-2025) Projects by Department and Category – This table provides the five-year detail of equipment replacement by department. Revolving Equipment Fund Sources and Uses of Funds – This table provides a five-year projection of revenues, expenditures, and fund balance. 7.Park Plan (2021-2025) Projects by Department and Category – This table provides the five-year detail of park development and replacement projects. Capital Park Fund Sources and Uses of Funds – This table provides a five- year projection of revenues, expenditures, and fund balance. Revolving Park Equipment Fund Sources and Uses of Funds – This table provides a five-year projection of revenues, expenditures, and fund balance. 8. Facilities Management Plan (2021-2025) Projects by Department and Category – This table provides the five-year detail of facility improvement projects. Facilities Management Fund Sources and Uses of Funds – This table provides a five-year projection of revenues, expenditures, and fund balance. The Capital Improvement Plan (adopted 8/22/16) identifies the projects that could potentially be funded by capital improvement plan bonds.DRAFT TABLE OF CONTENTS (Pg 2 of 2) 9. Technology Plan (2021-2025) Projects by Department and Category – This table provides the five-year detail of technology equipment and infrastructure. 10.Enterprise Funds These tables provide a summary of uses and sources of funds for Water, Sewer and Storm Water. 11.Debt Analysis & Tax Impact DRAFT 2021-2025 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 five (5) 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 one mile 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. DRAFT The Park Plan – identifies the new park capital improvements and the equipment replacement demands for neighborhood parks. The Facilities Management Plan identifies major repairs or improvements to all City-owned buildings over the next five (5) years. The Technology Plan identifies the hardware and major software needs for each department and establishes a regular replacement schedule for over the next five (5) years. The Enterprise Funds plans (Water, Sewer and Storm Water) identify the amount of capital necessary for infrastructure replacements and improvements over the next five (5) years. DRAFT City of Prior Lake, Minnesota Capital Improvement Program DEPARTMENT SUMMARY 2021 2025thru Total20212022202320242025Department Building Inspection 64,00035,000 29,000 Cable 84,00058,000 26,000 Central Garage 100,00020,000 20,000 20,000 20,000 20,000 Facilities 2,121,200447,600 182,000 188,000 1,156,100 147,500 Fire 1,466,000792,000 178,000 266,000 230,000 Parks 1,616,100262,500 376,000 316,500 592,000 69,100 Parks: Projects 5,030,6501,411,650 655,000 394,000 1,370,000 1,200,000 Police 1,345,200250,900 298,900 263,050 224,900 307,450 Sewer F410 173,00083,000 90,000 Streets 1,146,500289,600 109,000 129,100 49,800 569,000 Streets: Overlay 800,000300,000 500,000 Streets: Transportation 30,860,0004,391,000 10,011,000 6,458,000 5,000,000 5,000,000 Technology 81,20023,500 16,600 21,000 20,100 Utility: Sewer Fund 2,091,700314,500 300,200 453,000 484,500 539,500 Utility: Storm Water Fund 338,000120,000 125,000 60,000 33,000 Utility: Water Fund 2,985,5001,185,500 170,500 167,000 1,272,000 190,500 Water F410 284,00083,000 116,000 85,000 9,686,250 12,565,100 8,818,250 10,746,300 8,771,150 50,587,050TOTAL November 16, 2020Page 1.1Produced Using the Plan-It Capital Planning SoftwareDRAFT FUNDING SOURCE SUMMARY City of Prior Lake, Minnesota Capital Improvement Program 2021 thru 2025 TotalSource20212022202320242025 Capital Park Fund (F225)1,536,650886,650 325,000 325,000 City MSA Funds 1,540,0001,000,000 540,000 County 856,000856,000 Facilities Management Fund (F440)1,521,200447,600 182,000 188,000 556,100 147,500 G.O. Capital Equipment Bonds 555,000555,000 G.O. Capital Improvement Bonds 600,000600,000 G.O. SA Bonds - Overlay Assessment 140,00050,000 90,000 G.O. SA Bonds - Project Assessment 4,484,300562,300 2,514,000 408,000 500,000 500,000 G.O. SA Bonds - Project Levy 9,442,2002,137,200 1,255,000 50,000 3,000,000 3,000,000 G.O. SA Bonds - Project MSA 6,780,0002,200,000 4,580,000 General Fund (F101)81,20023,500 16,600 21,000 20,100 Perm. Imp. Revolving Fund (F450)660,000250,000 410,000 Revolving Equip. Fund (F410)5,019,6501,095,000 981,900 1,081,650 1,142,700 718,400 Revolving Park Equip. Fund (F430)3,494,000525,000 655,000 69,000 1,370,000 875,000 Street Oversize Fund (F503)850,000850,000 Utility: Sewer Fund (F604)4,796,900938,250 922,200 713,000 979,500 1,243,950 Utility: Storm Water Fund (F602)1,137,750359,500 292,000 60,000 150,000 276,250 Utility: Water Fund (F601)7,092,2002,179,750 833,500 787,000 2,127,000 1,164,950 9,686,250 12,565,100 8,818,250 10,746,300 8,771,150 50,587,050GRAND TOTAL November 16, 2020Page 2.1Produced Using the Plan-It Capital Planning SoftwareDRAFT City of Prior Lake, Minnesota Capital Improvement Program 2021 thru 2025 PROJECTS BY DEPARTMENT AND CATEGORY Total20212022202320242025 Department Category Building Inspection Equipment: Pick Ups/Vans 29,000 29,0002012 TRUCK-1 TON 6397 35,000 35,0001/2 TON PICKUP 8X10 35,000 29,000 64,000Sub-Total 35,000 29,000 64,000Department Total: Cable Equipment: Audio/Visual 58,000 58,000Electronic Sign Hwy 13 COMM-001 26,000 26,000Council Chambers AV Replacement & Upgrade PATV-001 58,000 26,000 84,000Sub-Total 58,000 26,000 84,000Department Total: Central Garage Equipment: Miscellaneous 20,000 20,000 20,000 20,000 20,000 100,000REFURBISHINGREFUR 20,000 20,000 20,000 20,000 20,000 100,000Sub-Total 20,000 20,000 20,000 20,000 20,000 100,000Department Total: Facilities Facil: City Hall 240,000 240,000Boiler Replacement 440-001 35,500 35,500Wall Coverings 440-008 255,500 255,500Membrane Roofing 440-017 240,000 35,500 255,500 531,000Sub-Total Facil: Fire Station #1 120,000 120,000Epoxy Flooring 440-002 15,500 15,500Irrigation System 440-011 21,500 21,500Wall Coverings 440-018 7,000 7,000Turnout Lockers 440-019 15,000 15,000Glass Doors 440-020 14,500 14,500Tile Walls 440-021 15,500 15,500Exhaust Fan 440-022 8,100 8,100Damper440-023 147,500 147,500Rooftop Unit 440-031 120,000 15,500 81,600 147,500 364,600Sub-Total Facil: Fire Station #2 November 16, 2020Page 3.1Produced Using the Plan-It Capital Planning SoftwareDRAFT Total20212022202320242025 Department Category 22,000 22,000Carpet440-012 15,000 15,000Infrared Tube Heater 440-013 30,000 30,000Forced Air Furnace (3)440-024 37,000 30,000 67,000Sub-Total Facil: Library & Club Prior 15,000 15,000Folding Door 440-004 17,500 17,500Vav Boxes 440-025 300,000 300,000Parking Lots 440-026 15,000 317,500 332,500Sub-Total Facil: Maintenance Ctr. 8,100 8,100Carpet440-003 12,000 12,000Vehicle Exhaust System 440-005 30,000 30,000Space Needs Study 440-007 40,500 40,500Auto Gate 440-027 80,500 80,500Overhead Crane 440-028 50,100 121,000 171,100Sub-Total Facil: Police Station 22,500 22,500CO Monitor System 440-006 29,500 29,500Wall Coverings 440-009 117,000 117,000Carpet440-010 310,000 310,000Membrane Roofing 440-029 22,500 146,500 310,000 479,000Sub-Total Facil: Water 26,500 26,500Carpet440-014 15,000 15,000Rooftop Unit 440-015 94,000 94,000Ventilators440-016 135,500 135,500Sub-Total Facil: Water Treatment 40,500 40,500Auto Gate 440-030 40,500 40,500Sub-Total 447,600 182,000 188,000 1,156,100 147,500 2,121,200Department Total: Fire Equipment: Apparatus 175,000 175,0001993 Heavy Rescue 9215 103,000 103,0002009 Peterbilt Heavy Rescue 9216 740,000 740,0001996 Peterbilt Pumper 9221 740,000 175,000 103,000 1,018,000Sub-Total Equipment: First Response 35,000 35,0002014 Ford F-150 Crew Cab (Asst.)9201 37,000 37,0002015 Ford F-150 Super Cab (Asst.)9202 36,000 36,0002015 Ford F-150 Crew Cab (Asst.)9203 35,000 36,000 37,000 108,000Sub-Total Equipment: Grass Rigs 90,000 90,0002001 F-350 1 Ton Truck 9271 90,000 90,0002007 Ford F-350 Super Cab (V10)9272 90,000 90,000 180,000Sub-Total November 16, 2020Page 3.2Produced Using the Plan-It Capital Planning SoftwareDRAFT Total20212022202320242025 Department Category Equipment: Other 52,000 53,000 55,000 160,000Fire Radios FD-RADIOS 52,000 53,000 55,000 160,000Sub-Total 792,000 178,000 266,000 230,000 1,466,000Department Total: Parks Equipment: Attachments 2,500 2,5002010 SKID STEER SNOW BUCKET 8256 1,600 1,6001995 SKID STEER U-BLADE 8260 6,500 6,5002011 TURF AERATOR 8262 18,500 18,5001995 DISC 8266 9,500 9,5002016 TILLER 8268 10,200 10,2002015 STUMP GRINDER 8272 18,500 18,5002013 TOP DRESSER 8273 16,700 9,500 41,100 67,300Sub-Total Equipment: Loaders/Skid Steers 62,000 62,0002016 SKID STEER 8501 87,500 87,5002015 SKID STEER - TRACKS 8502 87,500 62,000 149,500Sub-Total Equipment: Pick Ups/Vans 31,000 31,0002014 TRUCK-1 TON 8540 38,000 38,0002011 TRUCK-1/4 TON 8542 42,500 42,5002013 TRUCK-1 TON 8543 41,500 41,5002012 TRUCK-1 TON 8544 60,500 60,5002013 TRUCK-1 TON 8545 62,500 62,5002014 TRUCK-1 TON 8547 68,500 68,5002014 TRUCK-1 TON 8548 155,000 155,0002002 TRUCK-BOOM 8549 234,500 103,000 162,000 499,500Sub-Total Equipment: Street/Sidewalk 155,500 155,5002009 SIDEWALK MACHINE 8506 155,500 155,500Sub-Total Equipment: Trailers 13,500 13,5002008 TRAILER 8531 13,500 13,5002008 TRAILER 8532 7,500 7,5002012 TRAILER 8533 27,000 7,500 34,500Sub-Total Equipment: Tree Care 60,000 60,0002012 WOODCHIPPER 8510 60,000 60,000Sub-Total Equipment: Turf Care 120,000 120,0002016 MOVER-16FT 8503 131,300 131,3002009 TRACTOR 8505 122,000 122,0002012 TRACTOR 8507 4,500 4,5002014 MOWER WALK BEHIND 8511 38,500 38,5002015 MOWER-6FT 8524 43,000 43,0002016 MOWER-6FT 8525 November 16, 2020Page 3.3Produced Using the Plan-It Capital Planning SoftwareDRAFT Total20212022202320242025 Department Category 43,000 43,0002016 MOWER-6FT 8526 19,500 19,5002013 UTILITY VEH-STRIPER 8535 28,000 28,0002015 UTILITY VEH-FIELD GROOMER 8537 30,000 30,000MOWER-6 FT NEW 85X1 70,000 70,000MOWER-6 FT NEW 85X2 131,300 70,000 58,000 362,500 28,000 649,800Sub-Total 262,500 376,000 316,500 592,000 69,100 1,616,100Department Total: Parks: Projects New Park Development 325,000 325,000 650,000Future Neighborhood Park Development 225-001 400,000 400,000Summit Ridge Park 225-002 486,650 486,650Spring Lake Park Pickleball Courts PRK20-000002 886,650 325,000 325,000 1,536,650Sub-Total Park Replacement 15,000 15,000Knob Hill BB Court Maintenance 430-001 20,000 20,000Memorial BB Court Maintenance 430-004 400,000 400,000Ponds Pinwheel Interior Improvements 430-005 15,000 15,000Boudins BB Court Maintenance 430-006 18,000 18,000Oakland BB Court Maintenance 430-007 310,000 310,000Deerfield Park Renovations 430-008 345,000 345,000Wilderness Pond Renovations 430-009 18,000 18,000Wilds BB Court Maintenance 430-010 18,000 18,000Willows BB Court Maintenance 430-011 270,000 270,000Ponds Fencing 430-012 1,100,000 1,100,000Jeffers Pond Renovation 430-013 90,000 90,000Memorial Ballfield Netting 430-015 875,000 875,000Glynwater/Island View Renovation 430-016 525,000 655,000 69,000 1,370,000 875,000 3,494,000Sub-Total 1,411,650 655,000 394,000 1,370,000 1,200,000 5,030,650Department Total: Police Equipment: Emerg. Sirens 19,450 19,4501990 Siren@15800 Fremont PD-Siren01 8,650 8,6501990 Siren@15079 Manitou Rd. NE PD-Siren02 8,650 8,6501990 Siren@5569 Cedarwood St. NE PD-Siren03 10,800 10,8001996 Siren@3765 Willowwood St SW PD-Siren04 19,450 19,4501996 Siren@16776 Fish Point Rd SE (F.S. #1) PD-Siren05 10,800 10,8001996 Siren@13701 Pike Lake Trl NE PD-Siren07 10,800 10,8001996 Siren@13760 McKenna Rd NW PD-Siren08 10,800 10,8001997 Siren@16730 Northwood Rd NW PD-Siren09 19,450 19,4501998 Siren@14649 Glendale Ave SE PD-Siren10 19,450 19,4502003 Siren@16280 Duluth Ave SE PD-Siren11 19,450 19,4502004 Siren@5634 Luther Rd SE PD-Siren12 19,450 19,4502005 Siren@14998 Wilds Pkwy NW PD-Siren13 38,900 38,900 41,050 38,900 19,450 177,200Sub-Total Equipment: Squads 40,000 40,0002015 Drug Task Force Car (1815)1815 November 16, 2020Page 3.4Produced Using the Plan-It Capital Planning SoftwareDRAFT Total20212022202320242025 Department Category 40,000 40,000CSO Truck 7130 40,000 40,0002012-Lincoln MKZ (1212)7131 182,000 182,000Squads-Marked Multiple 1 172,000 186,000 358,000Squads-Marked Multiple 2 220,000 288,000 508,000Squads-Marked Multiple 3 212,000 260,000 222,000 186,000 288,000 1,168,000Sub-Total 250,900 298,900 263,050 224,900 307,450 1,345,200Department Total: Sewer F410 Equipment: Emergency Power 90,000 90,0001995 GENERATORS-TOWABLE 8777 90,000 90,000Sub-Total Equipment: Pick Ups/Vans 83,000 83,0002009 TRUCK-1 TON 8762 83,000 83,000Sub-Total 83,000 90,000 173,000Department Total: Streets Equipment: Attachments 1,000 1,0002000 SKID STEER TRAILER MOVER 8254 7,000 7,0002011 SKID STEER BOX BROOM 8255 21,000 21,0002012 SKID STEER ASPHALT MILL 8258 34,500 34,5002003 DIRECTIONAL SAFETY SIGN 8426 7,000 34,500 21,000 1,000 63,500Sub-Total Equipment: Emergency Power 55,000 55,0002011 GENERATORS-FACILITY FS1 9211 55,000 55,000Sub-Total Equipment: Loaders/Skid Steers 251,600 251,6002007 LOADER-WHEEL 8488 79,500 79,5002011 SKID STEER 8781 177,000 177,0002011 LOADER-BACKHOE 8785 251,600 256,500 508,100Sub-Total Equipment: Pick Ups/Vans 42,500 42,5002013 TRUCK-1 TON 8457 54,000 54,000TRUCK-1.5TON NEW 8XX2 125,000 125,000 TRUCK-1.5TON-DUMP NEW 8XX5 54,000 42,500 125,000 221,500Sub-Total Equipment: Street/Sidewalk 31,000 31,0002003 ROUTER 8454 186,500 186,5002015 STREET SWEEPER-MECHANICAL 8472 8,500 8,5002003 CRACK SEALER 8473 28,800 28,8002016 ASPHALT ROLLER 8474 39,500 28,800 186,500 254,800Sub-Total Equipment: Trailers 12,600 12,6002011 TRAILER 8480 31,000 31,000TRAILER CRASH ATTENUATOR - NEW 8XX9 31,000 12,600 43,600Sub-Total November 16, 2020Page 3.5Produced Using the Plan-It Capital Planning SoftwareDRAFT Total20212022202320242025 Department Category 289,600 109,000 129,100 49,800 569,000 1,146,500Department Total: Streets: Overlay Streets: Street Overlay 300,000 300,000Mill and Overlay PIR24-000001 500,000 500,000Mill and Overlay PIR25-000001 300,000 500,000 800,000Sub-Total 300,000 500,000 800,000Department Total: Streets: Transportation Streets: City Jurisdiction 4,391,000 4,391,000Fish Point Road Phase I TRN20-000001 6,645,000 6,645,000Downtown South Reconstruction TRN20-000002 6,458,000 6,458,000Fish Point Road Phase II TRN22-000001 5,000,000 5,000,000Street Reconstruction TRN23-000001 5,000,000 5,000,000Street Reconstruction TRN24-000001 4,391,000 6,645,000 6,458,000 5,000,000 5,000,000 27,494,000Sub-Total Streets: Partnership 3,366,000 3,366,000CSAH 21 (Revere to 170th St)TRN22-000002 3,366,000 3,366,000Sub-Total 4,391,000 10,011,000 6,458,000 5,000,000 5,000,000 30,860,000Department Total: Technology I.T.- General Equipment 5,500 5,500ProjectorTECH-EQ-002 18,000 10,600 9,000 20,100 57,700Copier Replacement - Large Format TECH-EQ-003 6,000 6,000Video Camera Computer TECH-EQ-004 23,500 16,600 9,000 20,100 69,200Sub-Total I.T.- Network Infrastructure 12,000 12,000Network Switch TECH-NW-05 12,000 12,000Sub-Total 23,500 16,600 21,000 20,100 81,200Department Total: Utility: Sewer Fund Equipment: Emergency Power 69,500 69,5002008 GENERATORS-TOWABLE 8742 69,500 69,5002006 GENERATORS-TOWABLE 8747 69,500 69,500 139,000Sub-Total I.T.- General Equipment 8,700 10,000 18,700Technology Plan 604-3 8,700 10,000 18,700Sub-Total I.T.- Software 12,500 12,500Software Upgrade 604-5 28,500 28,500BS&A Utility System Module 604-6 28,500 12,500 41,000Sub-Total Wastewater November 16, 2020Page 3.6Produced Using the Plan-It Capital Planning SoftwareDRAFT Total20212022202320242025 Department Category 161,000 165,000 169,000 174,000 179,500 848,500Inflow/Infiltration Prevention 604-1 55,500 57,000 59,000 60,500 62,500 294,500Sewer System Equipment Replacement 604-2 225,000 250,000 275,000 750,000Concrete Sewer Lining 604-4 216,500 222,000 453,000 484,500 517,000 1,893,000Sub-Total 314,500 300,200 453,000 484,500 539,500 2,091,700Department Total: Utility: Storm Water Fund Storm Sewer/Drainage 75,000 25,000 30,000 130,000Stormwater Improvements 602-1 100,000 100,000Pond Maintenance & Retrofit 602-2 60,000 3,000 63,000Stormwater Infrastructure Maintenance 602-3 45,000 45,000Water Quality Grant Projects 602-4 120,000 125,000 60,000 33,000 338,000Sub-Total 120,000 125,000 60,000 33,000 338,000Department Total: Utility: Water Fund I.T.- General Equipment 9,000 1,500 10,500Technology Plan 601-4 9,000 1,500 10,500Sub-Total I.T.- Software 12,500 12,500Software Upgrade 601-5 28,500 28,500BS&A Utility System Module 601-6 28,500 12,500 41,000Sub-Total Water Distribution 41,000 42,000 44,000 45,000 46,000 218,000Well Rehab 601-1 1,000,000 1,100,000 2,100,000Tower Reconditioning 601-2 1,041,000 42,000 44,000 1,145,000 46,000 2,318,000Sub-Total Water Treatment 116,000 119,500 123,000 127,000 130,500 616,000Water Treatment Facility Equip Replacement 601-3 116,000 119,500 123,000 127,000 130,500 616,000Sub-Total 1,185,500 170,500 167,000 1,272,000 190,500 2,985,500Department Total: Water F410 Equipment: Pick Ups/Vans 83,000 83,0002012 TRUCK-1 TON 8751 116,000 116,0002011 TRUCK-1.5TON-DUMP 8756 85,000 85,0002015 TRUCK-1 TON 8758 83,000 116,000 85,000 284,000Sub-Total 83,000 116,000 85,000 284,000Department Total: 9,686,250 12,565,100 8,818,250 10,746,300 8,771,150 50,587,050GRAND TOTAL November 16, 2020Page 3.7Produced Using the Plan-It Capital Planning SoftwareDRAFT City of Prior Lake, Minnesota Capital Improvement Program PROJECTS BY FUNDING SOURCE 2021 2025thru TotalSourceProject #2021 2022 2023 2024 2025 Capital Park Fund (F225) 225-001 650,000325,000 325,000Future Neighborhood Park Development 225-002 400,000400,000Summit Ridge Park PRK20-000002 486,650486,650Spring Lake Park Pickleball Courts 1,536,650886,650 325,000 325,000Capital Park Fund (F225) Total City MSA Funds TRN20-000002 1,000,0001,000,000Downtown South Reconstruction TRN22-000001 540,000540,000Fish Point Road Phase II 1,540,0001,000,000 540,000City MSA Funds Total County TRN22-000002 856,000856,000CSAH 21 (Revere to 170th St) 856,000856,000County Total Facilities Management Fund (F440) 440-001 240,000240,000Boiler Replacement 440-002 120,000120,000Epoxy Flooring 440-003 8,1008,100Carpet 440-004 15,00015,000Folding Door 440-005 12,00012,000Vehicle Exhaust System 440-006 22,50022,500CO Monitor System 440-007 30,00030,000Space Needs Study 440-008 35,50035,500Wall Coverings 440-009 29,50029,500Wall Coverings 440-010 117,000117,000Carpet 440-011 15,50015,500Irrigation System 440-012 22,00022,000Carpet 440-013 15,00015,000Infrared Tube Heater 440-014 26,50026,500Carpet 440-015 15,00015,000Rooftop Unit 440-016 94,00094,000Ventilators 440-017 255,500255,500Membrane Roofing 440-018 21,50021,500Wall Coverings 440-019 7,0007,000Turnout Lockers 440-020 15,00015,000Glass Doors 440-021 14,50014,500Tile Walls 440-022 15,50015,500Exhaust Fan 440-023 8,1008,100Damper 440-024 30,00030,000Forced Air Furnace (3) 440-025 17,50017,500Vav Boxes November 16, 2020Page 4.1Produced Using the Plan-It Capital Planning SoftwareDRAFT TotalSourceProject #2021 2022 2023 2024 2025 440-027 40,50040,500Auto Gate 440-028 80,50080,500Overhead Crane 440-029 10,00010,000Membrane Roofing 440-030 40,50040,500Auto Gate 440-031 147,500147,500Rooftop Unit 1,521,200447,600 182,000 188,000 556,100 147,500Facilities Management Fund (F440) Total G.O. Capital Equipment Bonds 9221 555,000555,0001996 Peterbilt Pumper 555,000555,000G.O. Capital Equipment Bonds Total G.O. Capital Improvement Bonds 440-026 300,000300,000Parking Lots 440-029 300,000300,000Membrane Roofing 600,000600,000G.O. Capital Improvement Bonds Total G.O. SA Bonds - Overlay Assessment PIR24-000001 50,00050,000Mill and Overlay PIR25-000001 90,00090,000Mill and Overlay 140,00050,000 90,000G.O. SA Bonds - Overlay Assessment Total G.O. SA Bonds - Project Assessment TRN20-000001 562,300562,300Fish Point Road Phase I TRN20-000002 854,000854,000Downtown South Reconstruction TRN22-000001 408,000408,000Fish Point Road Phase II TRN22-000002 1,660,0001,660,000CSAH 21 (Revere to 170th St) TRN23-000001 500,000500,000Street Reconstruction TRN24-000001 500,000500,000Street Reconstruction 4,484,300562,300 2,514,000 408,000 500,000 500,000G.O. SA Bonds - Project Assessment Total G.O. SA Bonds - Project Levy TRN20-000001 2,137,2002,137,200Fish Point Road Phase I TRN20-000002 1,255,0001,255,000Downtown South Reconstruction TRN22-000001 50,00050,000Fish Point Road Phase II TRN23-000001 3,000,0003,000,000Street Reconstruction TRN24-000001 3,000,0003,000,000Street Reconstruction 9,442,2002,137,200 1,255,000 50,000 3,000,000 3,000,000G.O. SA Bonds - Project Levy Total G.O. SA Bonds - Project MSA TRN20-000002 2,200,0002,200,000Downtown South Reconstruction TRN22-000001 4,580,0004,580,000Fish Point Road Phase II 6,780,0002,200,000 4,580,000G.O. SA Bonds - Project MSA Total November 16, 2020Page 4.2Produced Using the Plan-It Capital Planning SoftwareDRAFT TotalSourceProject #2021 2022 2023 2024 2025 General Fund (F101) TECH-EQ-002 5,5005,500Projector TECH-EQ-003 57,70018,000 10,600 9,000 20,100Copier Replacement - Large Format TECH-EQ-004 6,0006,000Video Camera Computer TECH-NW-05 12,00012,000Network Switch 81,20023,500 16,600 21,000 20,100General Fund (F101) Total Perm. Imp. Revolving Fund (F450) PIR24-000001 250,000250,000Mill and Overlay PIR25-000001 410,000410,000Mill and Overlay 660,000250,000 410,000Perm. Imp. Revolving Fund (F450) Total Revolving Equip. Fund (F410) 1815 40,00040,0002015 Drug Task Force Car (1815) 6397 29,00029,0002012 TRUCK-1 TON 7130 40,00040,000CSO Truck 7131 40,00040,0002012-Lincoln MKZ (1212) 8254 1,0001,0002000 SKID STEER TRAILER MOVER 8255 7,0007,0002011 SKID STEER BOX BROOM 8256 2,5002,5002010 SKID STEER SNOW BUCKET 8258 21,00021,0002012 SKID STEER ASPHALT MILL 8260 1,6001,6001995 SKID STEER U-BLADE 8262 6,5006,5002011 TURF AERATOR 8266 18,50018,5001995 DISC 8268 9,5009,5002016 TILLER 8272 10,20010,2002015 STUMP GRINDER 8273 18,50018,5002013 TOP DRESSER 8426 34,50034,5002003 DIRECTIONAL SAFETY SIGN 8454 31,00031,0002003 ROUTER 8457 42,50042,5002013 TRUCK-1 TON 8472 93,25093,2502015 STREET SWEEPER-MECHANICAL 8473 8,5008,5002003 CRACK SEALER 8474 28,80028,8002016 ASPHALT ROLLER 8480 12,60012,6002011 TRAILER 8488 251,600251,6002007 LOADER-WHEEL 8501 62,00062,0002016 SKID STEER 8502 87,50087,5002015 SKID STEER - TRACKS 8503 120,000120,0002016 MOVER-16FT 8505 131,300131,3002009 TRACTOR 8506 155,500155,5002009 SIDEWALK MACHINE 8507 122,000122,0002012 TRACTOR 8510 60,00060,0002012 WOODCHIPPER 8511 4,5004,5002014 MOWER WALK BEHIND 8524 38,50038,5002015 MOWER-6FT 8525 43,00043,0002016 MOWER-6FT 8526 43,00043,0002016 MOWER-6FT 8531 13,50013,5002008 TRAILER 8532 13,50013,5002008 TRAILER 8533 7,5007,5002012 TRAILER 8535 19,50019,5002013 UTILITY VEH-STRIPER 8537 28,00028,0002015 UTILITY VEH-FIELD GROOMER 8540 31,00031,0002014 TRUCK-1 TON November 16, 2020Page 4.3Produced Using the Plan-It Capital Planning SoftwareDRAFT TotalSourceProject #2021 2022 2023 2024 2025 8542 38,00038,0002011 TRUCK-1/4 TON 8543 42,50042,5002013 TRUCK-1 TON 8544 41,50041,5002012 TRUCK-1 TON 8545 60,50060,5002013 TRUCK-1 TON 8547 62,50062,5002014 TRUCK-1 TON 8548 68,50068,5002014 TRUCK-1 TON 8549 155,000155,0002002 TRUCK-BOOM 85X1 30,00030,000MOWER-6 FT NEW 85X2 70,00070,000MOWER-6 FT NEW 8781 31,80031,8002011 SKID STEER 8785 70,80070,8002011 LOADER-BACKHOE 8X10 35,00035,0001/2 TON PICKUP 8XX2 54,00054,000TRUCK-1.5TON NEW 8XX5 125,000125,000 TRUCK-1.5TON-DUMP NEW 8XX9 31,00031,000TRAILER CRASH ATTENUATOR - NEW 9201 35,00035,0002014 Ford F-150 Crew Cab (Asst.) 9202 37,00037,0002015 Ford F-150 Super Cab (Asst.) 9203 36,00036,0002015 Ford F-150 Crew Cab (Asst.) 9211 55,00055,0002011 GENERATORS-FACILITY FS1 9215 175,000175,0001993 Heavy Rescue 9216 103,000103,0002009 Peterbilt Heavy Rescue 9221 185,000185,0001996 Peterbilt Pumper 9271 90,00090,0002001 F-350 1 Ton Truck 9272 90,00090,0002007 Ford F-350 Super Cab (V10) COMM-001 58,00058,000Electronic Sign Hwy 13 FD-RADIOS 160,00052,000 53,000 55,000Fire Radios Multiple 1 182,000182,000Squads-Marked Multiple 2 358,000172,000 186,000Squads-Marked Multiple 3 508,000220,000 288,000Squads-Marked PATV-001 26,00026,000Council Chambers AV Replacement & Upgrade PD-Siren01 19,45019,4501990 Siren@15800 Fremont PD-Siren02 8,6508,6501990 Siren@15079 Manitou Rd. NE PD-Siren03 8,6508,6501990 Siren@5569 Cedarwood St. NE PD-Siren04 10,80010,8001996 Siren@3765 Willowwood St SW PD-Siren05 19,45019,4501996 Siren@16776 Fish Point Rd SE (F.S. #1) PD-Siren07 10,80010,8001996 Siren@13701 Pike Lake Trl NE PD-Siren08 10,80010,8001996 Siren@13760 McKenna Rd NW PD-Siren09 10,80010,8001997 Siren@16730 Northwood Rd NW PD-Siren10 19,45019,4501998 Siren@14649 Glendale Ave SE PD-Siren11 19,45019,4502003 Siren@16280 Duluth Ave SE PD-Siren12 19,45019,4502004 Siren@5634 Luther Rd SE PD-Siren13 19,45019,4502005 Siren@14998 Wilds Pkwy NW REFUR 100,00020,000 20,000 20,000 20,000 20,000REFURBISHING 5,019,6501,095,000 981,900 1,081,650 1,142,700 718,400Revolving Equip. Fund (F410) Total Revolving Park Equip. Fund (F430) 430-001 15,00015,000Knob Hill BB Court Maintenance 430-004 20,00020,000Memorial BB Court Maintenance 430-005 400,000400,000Ponds Pinwheel Interior Improvements 430-006 15,00015,000Boudins BB Court Maintenance 430-007 18,00018,000Oakland BB Court Maintenance 430-008 310,000310,000Deerfield Park Renovations 430-009 345,000345,000Wilderness Pond Renovations 430-010 18,00018,000Wilds BB Court Maintenance November 16, 2020Page 4.4Produced Using the Plan-It Capital Planning SoftwareDRAFT TotalSourceProject #2021 2022 2023 2024 2025 430-011 18,00018,000Willows BB Court Maintenance 430-012 270,000270,000Ponds Fencing 430-013 1,100,0001,100,000Jeffers Pond Renovation 430-015 90,00090,000Memorial Ballfield Netting 430-016 875,000875,000Glynwater/Island View Renovation 3,494,000525,000 655,000 69,000 1,370,000 875,000Revolving Park Equip. Fund (F430) Total Street Oversize Fund (F503) TRN22-000002 850,000850,000CSAH 21 (Revere to 170th St) 850,000850,000Street Oversize Fund (F503) Total Utility: Sewer Fund (F604) 604-1 848,500161,000 165,000 169,000 174,000 179,500Inflow/Infiltration Prevention 604-2 294,50055,500 57,000 59,000 60,500 62,500Sewer System Equipment Replacement 604-3 18,7008,700 10,000Technology Plan 604-4 750,000225,000 250,000 275,000Concrete Sewer Lining 604-5 12,50012,500Software Upgrade 604-6 28,50028,500BS&A Utility System Module 8742 69,50069,5002008 GENERATORS-TOWABLE 8747 34,75034,7502006 GENERATORS-TOWABLE 8751 41,50041,5002012 TRUCK-1 TON 8756 58,00058,0002011 TRUCK-1.5TON-DUMP 8758 42,50042,5002015 TRUCK-1 TON 8762 41,50041,5002009 TRUCK-1 TON 8777 90,00090,0001995 GENERATORS-TOWABLE 8781 23,85023,8502011 SKID STEER 8785 53,10053,1002011 LOADER-BACKHOE TRN20-000001 575,500575,500Fish Point Road Phase I TRN20-000002 564,000564,000Downtown South Reconstruction TRN22-000001 260,000260,000Fish Point Road Phase II TRN23-000001 495,000495,000Street Reconstruction TRN24-000001 495,000495,000Street Reconstruction 4,796,900938,250 922,200 713,000 979,500 1,243,950Utility: Sewer Fund (F604) Total Utility: Storm Water Fund (F602) 602-1 130,00075,000 25,000 30,000Stormwater Improvements 602-2 100,000100,000Pond Maintenance & Retrofit 602-3 63,00060,000 3,000Stormwater Infrastructure Maintenance 602-4 45,00045,000Water Quality Grant Projects 8472 93,25093,2502015 STREET SWEEPER-MECHANICAL TRN20-000001 239,500239,500Fish Point Road Phase I TRN20-000002 167,000167,000Downtown South Reconstruction TRN23-000001 150,000150,000Street Reconstruction TRN24-000001 150,000150,000Street Reconstruction 1,137,750359,500 292,000 60,000 150,000 276,250Utility: Storm Water Fund (F602) Total Utility: Water Fund (F601) 601-1 218,00041,000 42,000 44,000 45,000 46,000Well Rehab 601-2 2,100,0001,000,000 1,100,000Tower Reconditioning November 16, 2020Page 4.5Produced Using the Plan-It Capital Planning SoftwareDRAFT TotalSourceProject #2021 2022 2023 2024 2025 601-3 616,000116,000 119,500 123,000 127,000 130,500Water Treatment Facility Equip Replacement 601-4 10,5009,000 1,500Technology Plan 601-5 12,50012,500Software Upgrade 601-6 28,50028,500BS&A Utility System Module 8747 34,75034,7502006 GENERATORS-TOWABLE 8751 41,50041,5002012 TRUCK-1 TON 8756 58,00058,0002011 TRUCK-1.5TON-DUMP 8758 42,50042,5002015 TRUCK-1 TON 8762 41,50041,5002009 TRUCK-1 TON 8781 23,85023,8502011 SKID STEER 8785 53,10053,1002011 LOADER-BACKHOE TRN20-000001 876,500876,500Fish Point Road Phase I TRN20-000002 605,000605,000Downtown South Reconstruction TRN22-000001 620,000620,000Fish Point Road Phase II TRN23-000001 855,000855,000Street Reconstruction TRN24-000001 855,000855,000Street Reconstruction 7,092,2002,179,750 833,500 787,000 2,127,000 1,164,950Utility: Water Fund (F601) Total 50,587,0509,686,250 12,565,100 8,818,250 10,746,300 8,771,150GRAND TOTAL November 16, 2020Page 4.6Produced Using the Plan-It Capital Planning SoftwareDRAFT City of Prior Lake, Minnesota Capital Improvement Program 2021 2025thru Total20212022202320242025DepartmentProject # Streets: Overlay 140,00050,000 90,000G.O. SA Bonds - Overlay Assessment 660,000250,000 410,000Perm. Imp. Revolving Fund (F450) 800,000300,000 500,000Streets: Overlay Total PIR24-000001 300,000300,000Mill and Overlay PIR25-000001 500,000500,000Mill and Overlay 800,000300,000 500,000Streets: Overlay Total Streets: Transportation 1,540,0001,000,000 540,000City MSA Funds 856,000856,000County 4,484,300562,300 2,514,000 408,000 500,000 500,000G.O. SA Bonds - Project Assessment 9,442,2002,137,200 1,255,000 50,000 3,000,000 3,000,000G.O. SA Bonds - Project Levy 6,780,0002,200,000 4,580,000G.O. SA Bonds - Project MSA 850,000850,000Street Oversize Fund (F503) 2,389,500575,500 564,000 260,000 495,000 495,000Utility: Sewer Fund (F604) 706,500239,500 167,000 150,000 150,000Utility: Storm Water Fund (F602) 3,811,500876,500 605,000 620,000 855,000 855,000Utility: Water Fund (F601) 30,860,0004,391,000 10,011,000 6,458,000 5,000,000 5,000,000Streets: Transportation Total TRN20-000001 4,391,0004,391,000Fish Point Road Phase I TRN20-000002 6,645,0006,645,000Downtown South Reconstruction TRN22-000001 6,458,0006,458,000Fish Point Road Phase II TRN22-000002 3,366,0003,366,000CSAH 21 (Revere to 170th St) TRN23-000001 5,000,0005,000,000Street Reconstruction TRN24-000001 5,000,0005,000,000Street Reconstruction 30,860,0004,391,000 10,011,000 6,458,000 5,000,000 5,000,000Streets: Transportation Total 31,660,0004,391,000 10,011,000 6,458,000 5,300,000 5,500,000Grand Total November 16, 2020Page 5.1Produced Using the Plan-It Capital Planning Software TRANSPORTATION PLAN SUMMARY PROJECTS & FUNDING SOURCES BY DEPARTMENT DRAFT City of Prior Lake, Minnesota Capital Improvement Program 2021 2025thru Total20212022202320242025DepartmentProject # Streets: Overlay PIR24-000001 300,000300,000Mill and Overlay G.O. SA Bonds - Overlay Assessment 50,000 50,000 Perm. Imp. Revolving Fund (F450)250,000 250,000 PIR25-000001 500,000500,000Mill and Overlay G.O. SA Bonds - Overlay Assessment 90,000 90,000 Perm. Imp. Revolving Fund (F450)410,000 410,000 800,000300,000 500,000Streets: Overlay Total Streets: Transportation TRN20-000001 4,391,0004,391,000Fish Point Road Phase I G.O. SA Bonds - Project Assessment 562,300 562,300 G.O. SA Bonds - Project Levy 2,137,200 2,137,200 Utility: Sewer Fund (F604)575,500 575,500 Utility: Storm Water Fund (F602)239,500 239,500 Utility: Water Fund (F601)876,500 876,500 TRN20-000002 6,645,0006,645,000Downtown South Reconstruction City MSA Funds 1,000,000 1,000,000 G.O. SA Bonds - Project Assessment 854,000 854,000 G.O. SA Bonds - Project Levy 1,255,000 1,255,000 G.O. SA Bonds - Project MSA 2,200,000 2,200,000 Utility: Sewer Fund (F604)564,000 564,000 Utility: Storm Water Fund (F602)167,000 167,000 Utility: Water Fund (F601)605,000 605,000 TRN22-000001 6,458,0006,458,000Fish Point Road Phase II City MSA Funds 540,000 540,000 G.O. SA Bonds - Project Assessment 408,000 408,000 G.O. SA Bonds - Project Levy 50,000 50,000 G.O. SA Bonds - Project MSA 4,580,000 4,580,000 Utility: Sewer Fund (F604)260,000 260,000 Utility: Water Fund (F601)620,000 620,000 TRN22-000002 3,366,0003,366,000CSAH 21 (Revere to 170th St) County 856,000 856,000 G.O. SA Bonds - Project Assessment 1,660,000 1,660,000 Street Oversize Fund (F503)850,000 850,000 TRN23-000001 5,000,0005,000,000Street Reconstruction G.O. SA Bonds - Project Assessment 500,000 500,000 G.O. SA Bonds - Project Levy 3,000,000 3,000,000 Utility: Sewer Fund (F604)495,000 495,000 Utility: Storm Water Fund (F602)150,000 150,000 Utility: Water Fund (F601)855,000 855,000 TRN24-000001 5,000,0005,000,000Street Reconstruction G.O. SA Bonds - Project Assessment 500,000 500,000 G.O. SA Bonds - Project Levy 3,000,000 3,000,000 Utility: Sewer Fund (F604)495,000 495,000 Utility: Storm Water Fund (F602)150,000 150,000 November 16, 2020Page 5.2Produced Using the Plan-It Capital Planning Software TRANSPORTATION PLAN DETAIL PROJECTS & FUNDING SOURCES BY DEPARTMENT DRAFT Total20212022202320242025DepartmentProject # Utility: Water Fund (F601)855,000 855,000 30,860,0004,391,000 10,011,000 6,458,000 5,000,000 5,000,000Streets: Transportation Total GRAND TOTAL 31,660,0004,391,000 10,011,000 6,458,000 5,300,000 5,500,000 November 16, 2020Page 5.3Produced Using the Plan-It Capital Planning SoftwareDRAFT 2021 2022 2023 2024 2025 Perm. Imp. Revolving Fund (F450) Beginning Balance 350,000 363,650 405,650 522,750 495,250 Revenues and Other Fund Sources Revenue Tax Levy 120,000 155,000 190,000 225,000 240,000 Special Assessment Revenue 173,000 166,000 126,000 87,000 61,000 G.O. Special Assessment Bonds - Overlay Assessment 0 0 0 50,000 90,000 Interest Earnings 7,800 4,000 4,100 5,500 4,400 Total Revenues and Other Fund Sources 300,800 325,000 320,100 367,500 395,400 Total Funds Available 650,800 688,650 725,750 890,250 890,650 Expenditures and Uses Capital Projects & Equipment Streets: Overlay Mill and Overlay PIR24-000001 0 0 0 (300,000)0 Mill and Overlay PIR25-000001 0 0 0 0 (500,000) Total 0 0 0 (300,000) (500,000) Other Uses Transfer to Debt Service Funds (287,150) (283,000) (203,000) (95,000) (12,000) Total (287,150) (283,000) (203,000) (95,000) (12,000) Total Expenditures and Uses (287,150) (283,000) (203,000) (395,000) (512,000) Change in Fund Balance 13,650 42,000 117,100 (27,500) (116,600) Ending Balance 363,650 405,650 522,750 495,250 378,650 City of Prior Lake, Minnesota Capital Improvement Program 2021 thru 2025 PERMANENT IMPROVEMENT REVOLVING FUND (F450) SOURCES AND USES OF FUNDS Produced Using the Plan-It Capital Planning Software Page 5.4 November 16, 2020DRAFT COUNTRYDR HID D E NOAKSCI RSELU T H E R RD SE TERRI CIR SEF IS H P O IN T R D SESIMSCTS E HURON ST SE T IM B E R V IE W S T S EFORSYTHE RD SEG L O R Y CIRSEMILLERS CI R S E WILDWOODCIRSEW O O D S ID E RD SE COUNTRYLNOMEGATRLSET IM B E R TRL SE 44 13 Scott County GIS This drawing is neither a legally recorded map nor a survey and is not intended to be used as one. This drawing is a compilation of records, information and data from various city, county and state offices and other sources. This document should be used for reference only. No representation is made that features presented accurately reflect true location. The City of Prior Lake, or any other entity from which data was obtained, assumes no liability for any errors or omissions herein. If discrepancies are found, please contact the City of Prior Lake. City of Prior Lake Proposed CIP Projects2021-2023 2021 2022 2023 75 81 12 82 78 16 18 83 42 44 27 23 87 17 14 21 13 282 13 MAINAVSEDAKOTA ST SE PLEASANT ST SE COLORADO ST SEARCADIAAVSE DULUTHAVSEHASTINGSAVSEERIEAVSE 21 13 Scott County GIS 0 100 200 300 400 500Feet 1 2 2 1 0 200 400 600 800 1,000Feet X:\Engineering\CIP\Proposed_CIP_2021-2023.mxd Page 5.5DRAFT DRAFT CITY OF PRIOR LAKE, MN 2021 to 2025 STREET RECONSTRUCTION PLAN DRAFT AS OF NOVEMBER 16, 2020 Page 5.6DRAFT City of Prior Lake 2021-2025 Street Reconstruction Plan Page 2 of 4 City of Prior Lake, MN 2021-2025 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. •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. Page 5.7DRAFT City of Prior Lake 2021-2025 Street Reconstruction Plan Page 3 of 4 •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. Statutory Debt Limit 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. 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 200,000 $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 $ 5,470,000 Page 5.8DRAFT City of Prior Lake 2021-2025 Street Reconstruction Plan Page 4 of 4 At time of approval of the proposed Plan the City’s Statutory Debt Limit is as follows: Computation of Legal Debt Margin as of November 16, 2020: The Plan provides for the issuance of a not to exceed amount of $7,645,000 in General Obligation Street Reconstruction Bonds between January 21, 2021 and December 31, 2025. This 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 The Plan is detailed in Table A. The City reserves the right to adjust the amount of annual spending between years provided the overall not to exceed amount in the Plan is not increased. 2019/2020 Estimated Market Value $3,861,129,400 Multiplied by 3% x 0.03 Statutory Debt Limit $ 115,833,882 $3,240,000 G.O. Bonds, Series 2011A (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 (200,000) $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) $2,065,000 G.O. Bonds, Series 2019A (1,665,000) Less outstanding debt applicable to debt limit: ($ 16,505,000) Legal debt margin $ 99,328,882 Page 5.9DRAFT CITY OF PRIOR LAKE 2021-2025 STREET RECONSTRUCTION PLAN AMOUNTS January 1, 2021 through December 31, 2021 CSAH 42 (CR83 to CR17)$0 Fish Point Road Reconstruction (Phase I) $2,840,000 TOTAL 2021 $2,840,000 January 1, 2022 through December 31, 2022 Downtown South Reconstruction 2,320,000$ CSAH 21 (CH87 to 170th St)1,745,000$ TOTAL 2022 4,065,000$ January 1, 2023 through December 31, 2023 Fish Point Road Reconstruction (Phase II) 510,000$ TOTAL 2023 510,000$ January 1, 2024 through December 31, 2024 TOTAL 2024 $0 January 1, 2025 through December 31, 2025 TOTAL 2025 $0 GRAND TOTAL (1/1/2021 THROUGH 12/31/2025)7,415,000 Bond Issuance Costs, Capitalized Interest, and Rounding $230,000 GRAND TOTAL $7,645,000 TABLE A Page 5.10DRAFT City of Prior Lake, Minnesota Capital Improvement Program 2021 thru 2025 PROJECTS BY DEPARTMENT AND CATEGORY Total20212022202320242025 Department Category Building Inspection Equipment: Pick Ups/Vans 29,000 29,0002012 TRUCK-1 TON 6397 35,000 35,0001/2 TON PICKUP 8X10 35,000 29,000 64,000Sub-Total 35,000 29,000 64,000Department Total: Cable Equipment: Audio/Visual 58,000 58,000Electronic Sign Hwy 13 COMM-001 26,000 26,000Council Chambers AV Replacement & Upgrade PATV-001 58,000 26,000 84,000Sub-Total 58,000 26,000 84,000Department Total: Central Garage Equipment: Miscellaneous 20,000 20,000 20,000 20,000 20,000 100,000REFURBISHINGREFUR 20,000 20,000 20,000 20,000 20,000 100,000Sub-Total 20,000 20,000 20,000 20,000 20,000 100,000Department Total: Fire Equipment: Apparatus 175,000 175,0001993 Heavy Rescue 9215 103,000 103,0002009 Peterbilt Heavy Rescue 9216 740,000 740,0001996 Peterbilt Pumper 9221 740,000 175,000 103,000 1,018,000Sub-Total Equipment: First Response 35,000 35,0002014 Ford F-150 Crew Cab (Asst.)9201 37,000 37,0002015 Ford F-150 Super Cab (Asst.)9202 36,000 36,0002015 Ford F-150 Crew Cab (Asst.)9203 35,000 36,000 37,000 108,000Sub-Total Equipment: Grass Rigs 90,000 90,0002001 F-350 1 Ton Truck 9271 90,000 90,0002007 Ford F-350 Super Cab (V10)9272 90,000 90,000 180,000Sub-Total Equipment: Other 52,000 53,000 55,000 160,000Fire Radios FD-RADIOS November 16, 2020Page 6.1Produced Using the Plan-It Capital Planning Software EQUIPMENT REPLACEMENT PLAN DRAFT Total20212022202320242025 Department Category 52,000 53,000 55,000 160,000Sub-Total 792,000 178,000 266,000 230,000 1,466,000Department Total: Parks Equipment: Attachments 2,500 2,5002010 SKID STEER SNOW BUCKET 8256 1,600 1,6001995 SKID STEER U-BLADE 8260 6,500 6,5002011 TURF AERATOR 8262 18,500 18,5001995 DISC 8266 9,500 9,5002016 TILLER 8268 10,200 10,2002015 STUMP GRINDER 8272 18,500 18,5002013 TOP DRESSER 8273 16,700 9,500 41,100 67,300Sub-Total Equipment: Loaders/Skid Steers 62,000 62,0002016 SKID STEER 8501 87,500 87,5002015 SKID STEER - TRACKS 8502 87,500 62,000 149,500Sub-Total Equipment: Pick Ups/Vans 31,000 31,0002014 TRUCK-1 TON 8540 38,000 38,0002011 TRUCK-1/4 TON 8542 42,500 42,5002013 TRUCK-1 TON 8543 41,500 41,5002012 TRUCK-1 TON 8544 60,500 60,5002013 TRUCK-1 TON 8545 62,500 62,5002014 TRUCK-1 TON 8547 68,500 68,5002014 TRUCK-1 TON 8548 155,000 155,0002002 TRUCK-BOOM 8549 234,500 103,000 162,000 499,500Sub-Total Equipment: Street/Sidewalk 155,500 155,5002009 SIDEWALK MACHINE 8506 155,500 155,500Sub-Total Equipment: Trailers 13,500 13,5002008 TRAILER 8531 13,500 13,5002008 TRAILER 8532 7,500 7,5002012 TRAILER 8533 27,000 7,500 34,500Sub-Total Equipment: Tree Care 60,000 60,0002012 WOODCHIPPER 8510 60,000 60,000Sub-Total Equipment: Turf Care 120,000 120,0002016 MOVER-16FT 8503 131,300 131,3002009 TRACTOR 8505 122,000 122,0002012 TRACTOR 8507 4,500 4,5002014 MOWER WALK BEHIND 8511 38,500 38,5002015 MOWER-6FT 8524 43,000 43,0002016 MOWER-6FT 8525 43,000 43,0002016 MOWER-6FT 8526 19,500 19,5002013 UTILITY VEH-STRIPER 8535 28,000 28,0002015 UTILITY VEH-FIELD GROOMER 8537 November 16, 2020Page 6.2Produced Using the Plan-It Capital Planning SoftwareDRAFT Total20212022202320242025 Department Category 30,000 30,000MOWER-6 FT NEW 85X1 70,000 70,000MOWER-6 FT NEW 85X2 131,300 70,000 58,000 362,500 28,000 649,800Sub-Total 262,500 376,000 316,500 592,000 69,100 1,616,100Department Total: Police Equipment: Emerg. Sirens 19,450 19,4501990 Siren@15800 Fremont PD-Siren01 8,650 8,6501990 Siren@15079 Manitou Rd. NE PD-Siren02 8,650 8,6501990 Siren@5569 Cedarwood St. NE PD-Siren03 10,800 10,8001996 Siren@3765 Willowwood St SW PD-Siren04 19,450 19,4501996 Siren@16776 Fish Point Rd SE (F.S. #1) PD-Siren05 10,800 10,8001996 Siren@13701 Pike Lake Trl NE PD-Siren07 10,800 10,8001996 Siren@13760 McKenna Rd NW PD-Siren08 10,800 10,8001997 Siren@16730 Northwood Rd NW PD-Siren09 19,450 19,4501998 Siren@14649 Glendale Ave SE PD-Siren10 19,450 19,4502003 Siren@16280 Duluth Ave SE PD-Siren11 19,450 19,4502004 Siren@5634 Luther Rd SE PD-Siren12 19,450 19,4502005 Siren@14998 Wilds Pkwy NW PD-Siren13 38,900 38,900 41,050 38,900 19,450 177,200Sub-Total Equipment: Squads 40,000 40,0002015 Drug Task Force Car (1815)1815 40,000 40,000CSO Truck 7130 40,000 40,0002012-Lincoln MKZ (1212)7131 182,000 182,000Squads-Marked Multiple 1 172,000 186,000 358,000Squads-Marked Multiple 2 220,000 288,000 508,000Squads-Marked Multiple 3 212,000 260,000 222,000 186,000 288,000 1,168,000Sub-Total 250,900 298,900 263,050 224,900 307,450 1,345,200Department Total: Sewer F410 Equipment: Emergency Power 90,000 90,0001995 GENERATORS-TOWABLE 8777 90,000 90,000Sub-Total Equipment: Pick Ups/Vans 83,000 83,0002009 TRUCK-1 TON 8762 83,000 83,000Sub-Total 83,000 90,000 173,000Department Total: Streets Equipment: Attachments 1,000 1,0002000 SKID STEER TRAILER MOVER 8254 7,000 7,0002011 SKID STEER BOX BROOM 8255 21,000 21,0002012 SKID STEER ASPHALT MILL 8258 34,500 34,5002003 DIRECTIONAL SAFETY SIGN 8426 7,000 34,500 21,000 1,000 63,500Sub-Total Equipment: Emergency Power November 16, 2020Page 6.3Produced Using the Plan-It Capital Planning SoftwareDRAFT Total20212022202320242025 Department Category 55,000 55,0002011 GENERATORS-FACILITY FS1 9211 55,000 55,000Sub-Total Equipment: Loaders/Skid Steers 251,600 251,6002007 LOADER-WHEEL 8488 79,500 79,5002011 SKID STEER 8781 177,000 177,0002011 LOADER-BACKHOE 8785 251,600 256,500 508,100Sub-Total Equipment: Pick Ups/Vans 42,500 42,5002013 TRUCK-1 TON 8457 54,000 54,000TRUCK-1.5TON NEW 8XX2 125,000 125,000 TRUCK-1.5TON-DUMP NEW 8XX5 54,000 42,500 125,000 221,500Sub-Total Equipment: Street/Sidewalk 31,000 31,0002003 ROUTER 8454 186,500 186,5002015 STREET SWEEPER-MECHANICAL 8472 8,500 8,5002003 CRACK SEALER 8473 28,800 28,8002016 ASPHALT ROLLER 8474 39,500 28,800 186,500 254,800Sub-Total Equipment: Trailers 12,600 12,6002011 TRAILER 8480 31,000 31,000TRAILER CRASH ATTENUATOR - NEW 8XX9 31,000 12,600 43,600Sub-Total 289,600 109,000 129,100 49,800 569,000 1,146,500Department Total: Water F410 Equipment: Pick Ups/Vans 83,000 83,0002012 TRUCK-1 TON 8751 116,000 116,0002011 TRUCK-1.5TON-DUMP 8756 85,000 85,0002015 TRUCK-1 TON 8758 83,000 116,000 85,000 284,000Sub-Total 83,000 116,000 85,000 284,000Department Total: 1,816,000 1,097,900 1,081,650 1,142,700 1,140,550 6,278,800GRAND TOTAL November 16, 2020Page 6.4Produced Using the Plan-It Capital Planning SoftwareDRAFT 2021 2022 2023 2024 2025 Revolving Equipment Fund (F410) Beginning Balance 447,000 340,600 255,700 237,050 207,350 Revenues and Other Fund Sources Revenue Tax Levy 650,000 700,000 750,000 800,000 850,000 Tax Levy - Debt Service 185,000 0 0 0 0 G.O. Capital Equipment Bonds 555,000 0 0 0 0 Water Fund (F601)145,000 145,000 145,000 145,000 145,000 Water Quality Fund (F602)20,000 20,000 20,000 20,000 20,000 Sewer Fund (F604)145,000 145,000 145,000 145,000 145,000 Interest Earnings 9,600 3,000 3,000 3,000 5,000 Total Revenues and Other Fund Sources 1,709,600 1,013,000 1,063,000 1,113,000 1,165,000 Total Funds Available 2,156,600 1,353,600 1,318,700 1,350,050 1,372,350 Expenditures and Uses Capital Projects & Equipment Building Inspection (35,000)0 (29,000)0 0 Cable 0 0 (58,000) (26,000)0 Central Garage (20,000) (20,000) (20,000) (20,000) (20,000) Fire (792,000) (178,000) (266,000) (230,000)0 Parks (262,500) (376,000) (316,500) (592,000) (69,100) Police (250,900) (298,900) (263,050) (224,900) (307,450) Streets (289,600) (109,000) (129,100) (49,800) (569,000) Water (83,000) (116,000)0 0 (85,000) Sewer (83,000)0 0 0 (90,000) Total (1,816,000) (1,097,900) (1,081,650) (1,142,700) (1,140,550) Other Uses Transfer to Debt Service Funds 00000 00000 (1,816,000) (1,097,900) (1,081,650) (1,142,700) (1,140,550) (106,400) (84,900) (18,650) (29,700) 24,450 340,600 255,700 237,050 207,350 231,800 Total Total Expenditures and Uses Change in Fund Balance Ending Balance Page 6.5 November 16, 2020 City of Prior Lake, Minnesota Capital Improvement Program 2021 thru 2025 REVOLVING EQUIPMENT FUND (F410) SOURCES AND USES OF FUNDS Produced Using the Plan- It Capital Planning SoftwareDRAFT City of Prior Lake, Minnesota Capital Improvement Program 2021 thru 2025 PROJECTS BY DEPARTMENT AND CATEGORY Total20212022202320242025 Department Category Parks: Projects New Park Development 325,000 325,000 650,000Future Neighborhood Park Development 225-001 400,000 400,000Summit Ridge Park 225-002 486,650 486,650Spring Lake Park Pickleball Courts PRK20-000002 886,650 325,000 325,000 1,536,650Sub-Total Park Replacement 15,000 15,000Knob Hill BB Court Maintenance 430-001 20,000 20,000Memorial BB Court Maintenance 430-004 400,000 400,000Ponds Pinwheel Interior Improvements 430-005 15,000 15,000Boudins BB Court Maintenance 430-006 18,000 18,000Oakland BB Court Maintenance 430-007 310,000 310,000Deerfield Park Renovations 430-008 345,000 345,000Wilderness Pond Renovations 430-009 18,000 18,000Wilds BB Court Maintenance 430-010 18,000 18,000Willows BB Court Maintenance 430-011 270,000 270,000Ponds Fencing 430-012 1,100,000 1,100,000Jeffers Pond Renovation 430-013 90,000 90,000Memorial Ballfield Netting 430-015 875,000 875,000Glynwater/Island View Renovation 430-016 525,000 655,000 69,000 1,370,000 875,000 3,494,000Sub-Total 1,411,650 655,000 394,000 1,370,000 1,200,000 5,030,650Department Total: 1,411,650 655,000 394,000 1,370,000 1,200,000 5,030,650GRAND TOTAL November 16, 2020Page 7.1Produced Using the Plan-It Capital Planning Software PARK PLAN DRAFT 2021 2022 2023 2024 2025 Capital Park Fund (F225) - NEW PARKS Beginning Balance 1,835,000 1,375,297 1,861,297 2,047,297 2,560,297 Revenues and Other Fund Sources Revenue Charges for Services: Park Dedication Fees 431,000 431,000 450,000 450,000 450,000 Rent 24,000 24,000 24,000 24,000 24,000 Contributions and Donations 18,597 0 0 0 0 Interest Earnings 22,700 31,000 37,000 39,000 46,000 Total Revenues and Other Fund Sources 496,297 486,000 511,000 513,000 520,000 Total Funds Available 2,331,297 1,861,297 2,372,297 2,560,297 3,080,297 Expenditures and Uses Capital Projects & Equipment Parks: Projects Future Neighborhood Park Development 225-001 0 0 (325,000)0 (325,000) Summit Ridge Park 225-002 (400,000)0 0 0 0 Spring Lake Park Pickleball Courts PRK20-000002 (556,000)0 0 0 0 Total (956,000)0 (325,000)0 (325,000) Other Uses Transfer to Debt Service Funds 00000 Total 00000 Total Expenditures and Uses (956,000)0 (325,000)0 (325,000) Change in Fund Balance (459,703) 486,000 186,000 513,000 195,000 Ending Balance 1,375,297 1,861,297 2,047,297 2,560,297 2,755,297 Produced Using the Plan- It Capital Planning Software Page 7.2 November 16, 2020 City of Prior Lake, Minnesota Capital Improvement Program 2021 thru 2025 CAPITAL PARK FUND (F225) SOURCES AND USES OF FUNDS DRAFT 2021 2022 2023 2024 2025 Revolving Park Equipment Fund (F430) - REPLACEMENT Beginning Balance 1,178,000 1,038,500 805,500 1,193,500 326,500 Revenues and Other Fund Sources Revenue Tax Levy 375,000 405,000 440,000 485,000 535,000 Interest Earnings 10,500 17,000 17,000 18,000 19,000 Total Revenues and Other Fund Sources 385,500 422,000 457,000 503,000 554,000 Total Funds Available 1,563,500 1,460,500 1,262,500 1,696,500 880,500 Expenditures and Uses Capital Projects & Equipment Parks: Projects Knob Hill BB Court Maintenance 430-001 (15,000)0 0 0 0 Memorial BB Court Maintenance 430-004 (20,000)0 0 0 0 Memorial Ballfield Netting 430-015 (90,000)0 0 0 0 Ponds Pinwheel Interior Improvements 430-005 (400,000)0 0 0 0 Boudins BB Court Maintenance 430-006 0 0 (15,000)0 0 Oakland BB Court Maintenance 430-007 0 0 (18,000)0 0 Deerfield Park Renovations 430-008 0 (310,000)0 0 0 Wilderness Pond Renovations 430-009 0 (345,000)0 0 0 Wilds BB Court Maintenance 430-010 0 0 (18,000)0 0 Willows BB Court Maintenance 430-011 0 0 (18,000)0 0 Ponds Fencing 430-012 0 0 0 (270,000)0 Jeffers Pond Renovations 430-013 0 0 0 (1,100,000)0 Glynwater/Island View Renovations 430-016 0 0 0 0 (875,000) Total (525,000) (655,000) (69,000) (1,370,000) (875,000) Other Uses Transfer to Debt Service Funds 00000 00000 (525,000) (655,000) (69,000) (1,370,000) (875,000) (139,500) (233,000) 388,000 (867,000) (321,000) 1,038,500 805,500 1,193,500 326,500 5,500 Total Total Expenditures and Uses Change in Fund Balance Ending Balance Page 7.3 November 16, 2020 City of Prior Lake, Minnesota Capital Improvement Program 2021 thru 2025 REVOLVING PARK EQUIPMENT FUND (F430) SOURCES AND USES OF FUNDS Produced Using the Plan- It Capital Planning SoftwareDRAFT Total20212022202320242025 Department Category Facilities Facil: City Hall 240,000 240,000Boiler Replacement 440-001 35,500 35,500Wall Coverings 440-008 255,500 255,500Membrane Roofing 440-017 240,000 35,500 255,500 531,000Sub-Total Facil: Fire Station #1 120,000 120,000Epoxy Flooring 440-002 15,500 15,500Irrigation System 440-011 21,500 21,500Wall Coverings 440-018 7,000 7,000Turnout Lockers 440-019 15,000 15,000Glass Doors 440-020 14,500 14,500Tile Walls 440-021 15,500 15,500Exhaust Fan 440-022 8,100 8,100Damper440-023 147,500 147,500Rooftop Unit 440-031 120,000 15,500 81,600 147,500 364,600Sub-Total Facil: Fire Station #2 22,000 22,000Carpet440-012 15,000 15,000Infrared Tube Heater 440-013 30,000 30,000Forced Air Furnace (3)440-024 37,000 30,000 67,000Sub-Total Facil: Library & Club Prior 15,000 15,000Folding Door 440-004 17,500 17,500Vav Boxes 440-025 300,000 300,000Parking Lots 440-026 15,000 317,500 332,500Sub-Total Facil: Maintenance Ctr. 8,100 8,100Carpet440-003 12,000 12,000Vehicle Exhaust System 440-005 30,000 30,000Space Needs Study 440-007 40,500 40,500Auto Gate 440-027 80,500 80,500Overhead Crane 440-028 50,100 121,000 171,100Sub-Total Facil: Police Station 22,500 22,500CO Monitor System 440-006 29,500 29,500Wall Coverings 440-009 117,000 117,000Carpet440-010 310,000 310,000Membrane Roofing 440-029 November 16, 2020Page 8.1Produced Using the Plan-It Capital Planning Software City of Prior Lake, Minnesota Capital Improvement Program 2021 thru 2025FACILITIES MANAGEMENT PLAN PROJECTS BY DEPARTMENT AND CATEGORY DRAFT Total20212022202320242025 Department Category 22,500 146,500 310,000 479,000Sub-Total Facil: Water 26,500 26,500Carpet440-014 15,000 15,000Rooftop Unit 440-015 94,000 94,000Ventilators440-016 135,500 135,500Sub-Total Facil: Water Treatment 40,500 40,500Auto Gate 440-030 40,500 40,500Sub-Total 447,600 182,000 188,000 1,156,100 147,500 2,121,200Department Total: 447,600 182,000 188,000 1,156,100 147,500 2,121,200GRAND TOTAL November 16, 2020Page 8.2Produced Using the Plan-It Capital Planning SoftwareDRAFT 2021 2022 2023 2024 2025 Facilities Management Fund (F440) Beginning Balance 523,000 291,200 353,200 448,200 206,100 Revenues and Other Fund Sources Revenue Tax Levy 80,000 105,000 140,000 165,000 190,000 G.O. Capital Improvement Bonds 0 0 0 600,000 0 Water Fund (F601)117,000 120,000 123,000 126,000 129,000 Sewer Fund (F604)13,000 14,000 15,000 16,000 17,000 Interest Earnings 5,800 5,000 5,000 7,000 4,000 Total Revenues and Other Fund Sources 215,800 244,000 283,000 914,000 340,000 Total Funds Available 738,800 535,200 636,200 1,362,200 546,100 Expenditures and Uses Capital Projects & Equipment City Hall (240,000) (35,500)0 (255,500)0 Fire Station #1 (120,000)0 (15,500) (81,600) (147,500) Fire Station #2 0 0 (37,000) (30,000)0 Library & Club Prior (15,000)0 0 (317,500)0 Maintenance Center (50,100)0 0 (121,000)0 Police Station (22,500) (146,500)0 (310,000)0 Water 0 0 (135,500)0 0 Water Treatment 0 0 0 (40,500)0 Total (447,600) (182,000) (188,000) (1,156,100) (147,500) Other Uses Transfer to Debt Service Funds 00000 Total 00000 Total Expenditures and Uses (447,600) (182,000) (188,000) (1,156,100) (147,500) Change in Fund Balance (231,800) 62,000 95,000 (242,100) 192,500 Ending Balance 291,200 353,200 448,200 206,100 398,600 Produced Using the Plan- It Capital Planning Software Page 8.3 November 16, 2020 City of Prior Lake, Minnesota Capital Improvement Program 2021 thru 2025 FACILITIES MANAGEMENT FUND (F440) SOURCES AND USES OF FUNDS DRAFT Page 8.4DRAFT Page 8.5DRAFT Page 8.6DRAFT Page 8.7DRAFT Page 8.8DRAFT Page 8.9DRAFT Page 8.10DRAFT Total20212022202320242025 Department Category Technology I.T.- General Equipment 5,500 5,500ProjectorTECH-EQ-002 18,000 10,600 9,000 20,100 57,700Copier Replacement - Large Format TECH-EQ-003 6,000 6,000Video Camera Computer TECH-EQ-004 23,500 16,600 9,000 20,100 69,200Sub-Total I.T.- Network Infrastructure 12,000 12,000Network Switch TECH-NW-05 12,000 12,000Sub-Total 23,500 16,600 21,000 20,100 81,200Department Total: 23,500 16,600 21,000 20,100 81,200GRAND TOTAL November 16, 2020Page 9.1Produced Using the Plan-It Capital Planning Software City of Prior Lake, Minnesota Capital Improvement Program 2021 thru 2025TECHNOLOGY PLAN PROJECTS BY DEPARTMENT AND CATEGORY DRAFT Table 10 Water Fund Projected Year End Cash Balance 2021 2022 2023 2024 2025 Use of Cash: Operations & Maintenance 2,149,195 2,222,366 2,276,407 2,331,438 2,387,910 Capital Improvement Projects 2,097,250 775,500 787,000 2,127,000 1,135,500 Interfund Transfer 470,000 479,240 488,667 498,287 508,106 Debt Service 735,350 747,525 779,100 784,300 789,000 Total Use of Cash 5,451,795 4,224,631 4,331,175 5,741,025 4,820,515 Source of Cash: Water Charges 4,306,949 4,428,138 4,551,995 4,674,261 4,799,171 Other Revenues 159,600 146,052 146,648 150,272 141,057 Bond Proceeds - - - - - Interfund Transfer / Trunk Fund Contributions - - - - - Total Source of Cash 4,466,549 4,574,190 4,698,643 4,824,533 4,940,229 Net Change in Other Assets and Liabilities - (290,000) (5,000) (5,000) (5,000) Beginning Cash Balance 5,090,457 4,105,211 4,164,770 4,527,238 3,605,746 Change in Cash Balance (985,246) 59,559 362,468 (921,492) 114,713 Ending Cash 4,105,211 4,164,770 4,527,238 3,605,746 3,720,459 Ending Cash by Purpose: For future capital improvements 1,914,975 1,912,056 914,707 965,152 1,118,051 For following year pay-go capital 775,500 787,000 2,127,000 1,135,500 1,079,142 For 3-months of operating cash 667,211 686,614 701,231 716,094 731,316 For following year debt service 747,525 779,100 784,300 789,000 791,950 Ending Cash 4,105,211 4,164,770 4,527,238 3,605,746 3,720,459 Note: Cash balances include cash and investments. Projected Page 10.1DRAFT Table 13 Sanitary Sewer Fund Projected Year End Cash Balance 2021 2022 2023 2024 2025 Use of Cash: Operations & Maintenance 1,135,772 1,158,487 1,181,657 1,205,290 1,229,396 MCES Fees 1,653,223 1,917,824 2,057,285 2,204,661 2,362,317 Capital Improvement Projects 855,250 864,200 713,000 979,500 1,034,500 Interfund Transfer 366,000 373,240 380,667 388,287 396,106 Debt Service 169,650 169,850 169,850 169,650 164,250 Total Use of Cash 4,179,895 4,483,602 4,502,459 4,947,389 5,186,569 Source of Cash: Wastewater Collection Revenue 4,297,042 4,509,918 4,734,259 4,965,829 5,209,930 Other Revenues 39,800 46,910 48,000 51,164 52,235 Interfund Transfer - - - - - Bond Proceeds - - - - - Total Source of Cash 4,336,842 4,556,828 4,782,260 5,016,994 5,262,165 Net Change in Other Assets and Liabilities (5,000) (5,000) (5,000) (5,000) (5,000) Beginning Cash Balance 2,499,055 2,651,002 2,719,229 2,994,030 3,058,635 Change in Cash Balance 151,947 68,227 274,801 64,605 70,596 Ending Cash Balance 2,651,002 2,719,229 2,994,030 3,058,635 3,129,231 Ending Cash by Purpose: For future capital improvements 828,203 973,991 939,977 910,325 891,179 For following year pay-go capital 864,200 713,000 979,500 1,034,500 1,078,598 For 3-months of operating cash 788,749 862,388 904,902 949,560 996,955 For following year debt service 169,850 169,850 169,650 164,250 162,500 Ending Cash 2,651,002 2,719,229 2,994,030 3,058,635 3,129,231 Note: Cash balances include cash and investments. Projected Page 10.2DRAFT Table 13 Storm Water Quality Fund Projected Year End Cash Balance 2021 2022 2023 2024 2025 Use of Cash: Operations & Maintenance 622,393 634,841 647,538 660,488 673,698 Capital Improvement Projects 360,000 292,000 60,000 150,000 183,000 Interfund Transfer 127,000 130,210 133,516 136,922 140,429 Total Use of Cash 1,109,393 1,057,051 841,054 947,410 997,128 Source of Cash: Charges for service 1,186,699 1,212,261 1,238,215 1,263,533 1,289,233 Other Revenues 18,500 19,275 21,102 25,368 28,868 Interfund Transfer - - - - - Bond Proceeds - - - - - Total Source of Cash 1,205,199 1,231,536 1,259,317 1,288,901 1,318,100 Net Change in Other Assets and Liabilities - - - - - Beginning Cash Balance 1,423,742 1,519,548 1,694,034 2,112,297 2,453,787 Ending Cash Balance 1,519,548 1,694,034 2,112,297 2,453,787 2,774,760 Ending Cash by Purpose: For future capital improvements 1,040,200 1,442,771 1,767,033 2,071,434 2,163,728 For following year pay-go capital 292,000 60,000 150,000 183,000 407,500 For 3-months of operating cash 187,348 191,263 195,263 199,353 203,532 For following year debt service - - - - - Ending Cash 1,519,548 1,694,034 2,112,297 2,453,787 2,774,760 Note: Cash balances include cash and investments. Projected Page 10.3DRAFT Page 11.1 DEBT ANALYSIS AND TAX IMPACT In reviewing the 2021-2025 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 12/31/2019, the City of Prior Lake had $41,012,922 in debt. The following chart reflects the type of debt that comprised the $41M: The 2021-2025 CIP includes projects that are funded by bond proceeds/debt. 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 $20,707,000 in bonding for projects in the Transportation Plan for 2021-2025, and the following major facility repairs, equipment replacement and water/sewer plan capital projects by year: Year Major Facility Repairs Equipment Replacements Sewer Utility Replacements 2021 - 555,000 2022 - 2023 - - 2024 600,000 - 2025 - - The equipment replacements are as follows: Debt Type Amount as of December 31, 2019 Purpose G.O. Special Assessments 15,800,000 Street Improvement Projects G.O. TIF Bonds 135,000 Tax Increment Project G.O. Bonds (MV)2,820,000 Referendum Project (Fire Station #2) G.O. Bonds 3,815,000 Street Reconstruction Projects G.O. Bonds 785,000 Public Works Building and CIP Projects G.O. Bonds 990,000 Equipment G.O. Revenue Bonds 8,675,000 Maintenance Facility, Water Treatment Facility & Utility Replacement Projects G.O. Capital Improvement Bonds 6,440,000 City Hall & Police Station Energy Lease Loan Payable (GESP)1,552,922 Guaranteed Energy Savings Program Projects Total 41,012,922DRAFT Page 11.2 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. 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 2021 which includes a property tax levy (payable 2022) as listed below: Project Description Project Levy Fish Point Rd. (Phase I) $2,138,000 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. 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. DRAFT Page 11.3 Bond Repayment through Debt Service Tax Levy: The impact of the 2021-2025 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. Council directed staff to shift the 2020 Fish Point Rd area street reconstruction project to 2021 and shift the Green Heights/Pershing area street reconstruction project to a future year. Therefore, there was not a “new debt” issuance in 2020. This was intended to moderate the tax levy impact of street projects, manage the number of street areas under construction in 2020 and allow for the planning time needed to be “bid ready” at the appropriate time. The debt service for 2021, 2023 and 2024 are planned to remain flat as compared to the prior year. As modeled, the debt service for 2022 and 2025 are planned to increase due to the 2021 bonding for the fire pumper replacement and the 2024 bonding for major facility repairs at City Hall and the Police Station. 2021 debt refunding - estimated debt levy savings: The City is planning to refund several debt issues in 2021 (2011B, 2012A and 2014A) as part of the planned bond issuance. By including the refunding with the “new money” 2021 bonding, the City will not incur separate bond issuance costs. The refunding savings are subject to market conditions at the time of issuance. The estimated debt service savings is not reflected in the debt analysis. However, based on current estimates, the planned refunding will result in an estimated average reduction (savings) in the debt levy of $92,000/year for 2021-2025. 2021 2022 2023 2024 2025 Debt: Change in Debt Levy (1,218) 252,068 (4,310) 3,537 122,745 Projected Change in Debt Levy2021-2025 CIP DRAFT Page 11.4 The debt service for 2020 is already established. As mentioned above, there was no “new debt issue” in 2020 to moderate the tax levy impact of street projects. 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. The Utility Funds financial management plan does not propose any new debt issuance for 2021-2025, based on updated 2021 utility billing rate structure approved by the Council on November 2 and based on the estimated costs of the current projects in the CIP. 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 2021-2025 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 2025 Debt Service 3,561,288 3,560,070 3,812,137 3,807,828 3,811,365 3,934,111 2021-2025 CIP Projected Debt Levy 2021 2022 2023 2024 2025 Equipment Revolving Fund 650,000 700,000 750,000 800,000 850,000 Revolving Park Equip Fund 375,000 405,000 440,000 485,000 535,000 Facilities Management Fund 80,000 105,000 140,000 165,000 190,000 PIR Fund 120,000 155,000 190,000 225,000 240,000 Debt Service 3,560,073 3,812,137 3,807,828 3,811,365 3,934,111 Total CIP Tax Levies 4,785,073 5,177,137 5,327,828 5,486,365 5,749,111 2021-2025 CIP Tax Levies: Projected CIP Tax LevyDRAFT DRAFT CITY OF PRIOR LAKE, MN 2021 to 2025 STREET RECONSTRUCTION PLAN DRAFT AS OF NOVEMBER 16, 2020 DRAFT City of Prior Lake 2021-2025 Street Reconstruction Plan Page 2 of 4 City of Prior Lake, MN 2021-2025 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. • 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. DRAFT City of Prior Lake 2021-2025 Street Reconstruction Plan Page 3 of 4 • 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. Statutory Debt Limit 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. 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 200,000 $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 $ 5,470,000 DRAFT City of Prior Lake 2021-2025 Street Reconstruction Plan Page 4 of 4 At time of approval of the proposed Plan the City’s Statutory Debt Limit is as follows: Computation of Legal Debt Margin as of November 16, 2020: The Plan provides for the issuance of a not to exceed amount of $7,645,000 in General Obligation Street Reconstruction Bonds between January 21, 2021 and December 31, 2025. This 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 The Plan is detailed in Table A. The City reserves the right to adjust the amount of annual spending between years provided the overall not to exceed amount in the Plan is not increased. 2019/2020 Estimated Market Value $3,861,129,400 Multiplied by 3% x 0.03 Statutory Debt Limit $ 115,833,882 $3,240,000 G.O. Bonds, Series 2011A (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 (200,000) $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) $2,065,000 G.O. Bonds, Series 2019A (1,665,000) Less outstanding debt applicable to debt limit: ($ 16,505,000) Legal debt margin $ 99,328,882 DRAFT CITY OF PRIOR LAKE 2021-2025 STREET RECONSTRUCTION PLAN AMOUNTS January 1, 2021 through December 31, 2021 CSAH 42 (CR83 to CR17)$0 Fish Point Road Reconstruction (Phase I) $2,840,000 TOTAL 2021 $2,840,000 January 1, 2022 through December 31, 2022 Downtown South Reconstruction 2,320,000$ CSAH 21 (CH87 to 170th St)1,745,000$ TOTAL 2022 4,065,000$ January 1, 2023 through December 31, 2023 Fish Point Road Reconstruction (Phase II) 510,000$ TOTAL 2023 510,000$ January 1, 2024 through December 31, 2024 TOTAL 2024 $0 January 1, 2025 through December 31, 2025 TOTAL 2025 $0 GRAND TOTAL (1/1/2021 THROUGH 12/31/2025)7,415,000 Bond Issuance Costs, Capitalized Interest, and Rounding $230,000 GRAND TOTAL $7,645,000 TABLE A DRAFT Capital Improvement Plan City of Prior Lake, Minnesota Contact 2021 2025thru Department Fire Description Engine #9221 was purchased in 1996. Per the City’s Equipment Replacement Plan, this vehicle was scheduled to be replaced after 25-years of service and has been planned for replacement since the city’s 2011-2022 adopted Capital Improvement Program(CIP). As was the council’s original direction when the replacement plan was created, we have retained this piece of equipment to garner the longest possible useful life. The Equipment Replacement Plan was created as a budgeting tool to assist in financial planning for major expenditures and to help moderate the annual fleet replacement budget. The goal is to replace equipment in a timely and cost-effective manner. This engine is currently 24-years old (in 2020) and in need of replacement. The Fire Department found with the last engine replacement, that the build time took 20 months which extended the service life of engine #9220 to 27 years. The Fire Department expects a similar build time for this replacement which would extend the service life of engine #9221 to 27 years. Project #FD-9221 Justification As the needs of the fire department have grown over the years, so has the equipment they need to do their jobs. This has required that additional equipment be added to the existing engine. The weight of the truck has been impacted as a result and there has been a history of the brakes being undersized for the current weight. In addition, due to the age of the truck it is becoming increasingly difficult to find parts to perform maintenance which causes extended out of service time. The replacement engine will be designed as a rescue engine which allows for additional equipment to be carried. This allows the Fire Department to perform several tasks that would normally require several other vehicles and manpower to facilitate. This is the same design that was used in the replacement of engine #9220 in 2018 and has been found to be extremely efficient. The engine is and has been part of the Capital Improvement Program for some time. As directed by previous city councils the staff has sought to retain equipment as long as possible before replacing. That is why we have retained this equipment for 25 rather than 20 years. We have previously saved money by refurbishing Fire vehicles. This practice was evaluated for this equipment but is not feasible since the chassis, transmission, drive train and engine would have to be upgraded to provide the needed carrying capacity. Budget Impact/Other The annual adopted Capital Improvement Program(CIP) has included the City's plan to fund this equipment purchase with bond proceeds. Useful Life 25 years Project Name 1996 Peterbilt Pumper Category Equipment: FD-Apparatus Type Equipment Total Project Cost:$740,000 Total20212022202320242025Expenditures 740,000740,000Equip/Vehicles/Furnishings 740,000 740,000Total Total20212022202320242025Funding Sources 740,000740,000410-Equip. Replacement Fund 740,000 740,000Total Friday, May 29, 2020Page 1Produced Using the Plan-It Capital Planning Software