HomeMy WebLinkAbout07(A) - Conduct a Public hearing to Consider the 2022-2026 Capital Improvement Program(CIP), Capital Improvement Plan (facilities) and and Street Reconstruction Plan Report
DRAFT
CITY OF PRIOR LAKE, MN
2022 to 2026 STREET RECONSTRUCTION PLAN
DRAFT AS OF AUGUST 16, 2021
City of Prior Lake
2022-2026 Street Reconstruction Plan
Page 2 of 4
City of Prior Lake, MN
2022 to 2026 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 have 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, bicycle lanes,
sidewalks, paths, 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, bicycle lanes,
sidewalks, paths, and other 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.
City of Prior Lake
2022-2026 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 $ 55,000
$3,240,000 G.O. Bonds, Series 2013A 150,000
$2,490,000 G.O. Taxable Bonds, Series 2015B 715,000
$3,505,000 G.O. Bonds, Series 2016A 215,000
$8,270,000 G.O. Bonds, Series 2018A 1,095,000
$2,065,000 G.O. Bonds, Series 2019A 1,365,000
$5,760,000 G.O. Bonds, Series 2021A 2,400,000
Total Outstanding Street Reconstruction Bonds $ 5,995,000
City of Prior Lake
2022-2026 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 June 2, 2021:
2020/2021 Estimated Market Value $ 4,190,057,200
Multiplied by 3% x .03
Statutory Debt Limit $ 125,701,716
Outstanding debt applicable to debt limit:
$3,240,000 G.O. Bonds, Series 2011A $ 55,000
$3,240,000 G.O. Bonds, Series 2013A 150,000
$2,490,000 Taxable G.O. Bonds, Series 2015B 715,000
$3,630,000 G.O. Bonds, Series 2016A 395,000
$4,505,000 G.O. Bonds, Series 2017A 220,000
$8,720,000 G.O. Bonds, Series 2018A 2,010,000
$2,065,000 G.O. Bonds, Series 2019A 1,565,000
$5,760,000 G.O. Bonds, Series 2021A 5,390,000
$5,870,000 G.O. Bonds, Series 2021B 5,870,000
Less outstanding debt applicable to debt limit: $ 16,370,000
Legal debt margin $ 109,331,716
The Plan provides for the issuance of a not to exceed amount of $15,990,000 in General
Obligation Street Reconstruction Bonds between January 1, 2022 and December 31, 2026.
This amount includes estimated cost of issuance of bonds, capitalized interest and rounding.
The proposed bond issuance is within the current City’s Legal Debt Margin, as of the date of
adoption of the Plan.
V. Proposed Street Reconstruction and Cost Estimate
The Plan is detailed in Table A. The City reserves the right to adjust the amount of annual
spending between years provided the overall not to exceed amount in the Plan is not
increased.
CITY OF PRIOR LAKE 2022-2026
STREET RECONSTRUCTION PLAN
AMOUNTS
January 1, 2022 through December 31, 2022
Downtown South Reconstruction 2,320,000$
CSAH 21 (CH87 to 170th St)1,060,000$
TOTAL 2022 3,380,000$
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
The Wilds/Jeffers Developments Mill and Overlay 6,620,000$
TOTAL 2024 6,620,000$
January 1, 2025 through December 31, 2025
Wilds Parkway Reclamation 4,710,000$
TOTAL 2025 4,710,000$
January 1, 2026 through December 31, 2026 $0
GRAND TOTAL (1/1/2022 THROUGH 12/31/2026)15,220,000
Bond Issuance Costs, Capitalized Interest, and Rounding $770,000
GRAND TOTAL $15,990,000
TABLE A
Capital
Improvement
Program
2022 - 2026 DRAFT
4646 Dakota Street SE
Prior Lake, MN 55372
Date: August 16, 2021
To: Mayor Briggs, Council Members and Residents of Prior Lake
From: Jason Wedel, City Manager
Subject: 2022-2026 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 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
and discussed during the annual budget process. 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.
. DRAFT
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.
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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:DRAFT
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.
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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.
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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.
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Adopted on August 6, 2018DRAFT
2022-2026 CAPITAL IMPROVEMENT PROGRAM
Adopted August 16, 2021
by the
PRIOR LAKE CITY COUNCIL
Term Expires
Mayor Kirt Briggs December 31, 2024
Councilmember Zach Braid December 31, 2024
Councilmember Kevin Burkart December 31, 2024
Councilmember Annette Thompson December 31, 2022
Councilmember Kim Churchill 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
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 (2022-2026)
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 (8/16/21) identifies the projects that could
potentially be funded by street reconstruction bonds
6. Equipment Replacement Plan (2022-2026)
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 (2022-2026)
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.
Revolving Park Equipment Fund Projects by Department and Category –
Unfunded – This table provides a five-year projection of projects funded by
reserves.
8. Facilities Management Plan (2022-2026)
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 8/16/21) identifies the projects that
could potentially be funded by capital improvement plan bonds.
DRAFT
TABLE OF CONTENTS (Pg 2 of 2)
9. Technology Plan (2022-2026)
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
2022-2026 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: Pavement Management Plan
(Transportation and Street Overlay), 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
Capital Improvement Program
City of Prior Lake, Minnesota
DEPARTMENT SUMMARY
2022 2026thru
Total20222023202420252026Department
Building Inspection 29,00029,000
Cable 76,45024,050 52,400
Central Garage 100,00020,000 20,000 20,000 20,000 20,000
Facilities 4,167,600453,000 207,000 1,216,600 247,500 2,043,500
Fire 827,500188,000 266,000 277,000 47,000 49,500
Parks 1,511,600349,500 397,000 592,000 69,100 104,000
Parks: Projects 3,042,500108,000 938,000 184,500 1,632,000 180,000
Police 1,361,750298,900 263,050 224,900 307,450 267,450
Streets 1,122,40065,000 89,600 103,800 569,000 295,000
Streets: Overlay 5,015,000885,000 1,180,000 1,475,000 1,475,000
Streets: Transportation 31,482,0009,524,000 6,458,000 5,000,000 5,000,000 5,500,000
Technology 216,20079,600 44,500 20,100 72,000
Utility: Sewer Fund 3,127,730455,200 625,500 619,500 772,000 655,530
Utility: Storm Water Fund 1,783,000330,000 380,000 413,000 330,000 330,000
Utility: Water Fund 859,700251,000 246,700 115,500 176,500 70,000
12,042,600 10,884,450 9,991,300 10,689,700 11,114,380 54,722,430TOTAL
August 16, 2021Page 1.1Produced Using the Plan-It Capital Planning SoftwareDRAFT
Capital Improvement Program
City of Prior Lake, Minnesota
FUNDING SOURCE SUMMARY
2022 thru 2026
TotalSource20222023202420252026
Cable Franchise Fund (F210)76,45024,050 52,400
Capital Park Fund (F225)650,000325,000 325,000
City MSA Funds 1,540,0001,000,000 540,000
County 1,156,0001,156,000
Developer - Upfront Costs 150,000150,000
Facilities Management Fund (F440)1,567,600453,000 207,000 616,600 247,500 43,500
G.O. Capital Improvement Bonds 2,600,000600,000 2,000,000
G.O. SA Bonds - Overlay Assessment 803,000142,000 189,000 236,000 236,000
G.O. SA Bonds - Project Assessment 3,592,0001,634,000 408,000 500,000 500,000 550,000
G.O. SA Bonds - Project Levy 10,450,0001,100,000 50,000 3,000,000 3,000,000 3,300,000
G.O. SA Bonds - Project MSA 6,245,0001,665,000 4,580,000
General Fund (F101)210,20079,600 38,500 20,100 72,000
Perm. Imp. Revolving Fund (F450)4,212,0000743,000 991,000 1,239,000 1,239,000
Revolving Equip. Fund (F410)4,688,000921,400 1,064,650 1,217,700 748,300 735,950
Revolving Park Equip. Fund (F430)2,392,500108,000 613,000 184,500 1,307,000 180,000
Street Oversize Fund (F503)1,250,0001,250,000
Utility: Sewer Fund (F604)5,684,2301,086,200 885,500 1,117,500 1,395,000 1,200,030
Utility: Storm Water Fund (F602)2,604,250593,000 380,000 563,000 573,250 495,000
Utility: Water Fund (F601)4,851,200926,000 866,700 973,500 1,074,500 1,010,500
12,042,600 10,884,450 9,991,300 10,689,700 11,114,380 54,722,430GRAND TOTAL
August 16, 2021Page 2Produced Using the Plan-It Capital Planning Software
City of Prior Lake, Minnesota
Capital Improvement Program
2022 thru 2026
PROJECTS BY DEPARTMENT AND CATEGORY
Total20222023202420252026
Department
Category
Building Inspection
Equipment: Pick Ups/Vans
29,000 29,000TRUCK-1/2 TON 6397
29,000 29,000Sub-Total
29,000 29,000Department Total:
Cable
Equipment: Audio/Visual
11,650 11,650Tightrope FlexLite 340 - Control Room COMM-001
12,400 12,400Webstreaming - Control Room COMM-002
52,400 52,400Chambers Presentation - Chambers COMM-003
24,050 52,400 76,450Sub-Total
24,050 52,400 76,450Department 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
35,500 35,500Wall Coverings 440-008
255,500 255,500Membrane Roofing 440-017
393,000 393,000Vav Boxes 440-032
12,000 12,000Glass Doors 440-034
16,500 16,500Coiling Doors 440-037
281,000 281,000Carpet440-038
28,000 28,000Irrigation System 440-081
25,000 25,000Brick Wallcovering / Cherrywood Paneling 440-088
23,000 23,000Resiliant Flooring 440-089
17,000 17,000Tile Walls 440-090
66,000 66,000Bell and Gosset Pumps (2)440-091
23,500 23,500Cabinet Unit Heater 440-092
14,000 14,000Greenheck Exhaust (2)440-093
145,500 145,500Air Handler (2)440-094
171,500 171,500Chiller440-095
6,500 6,500Miscellaneous440-096
63,500 255,500 1,194,500 1,513,500Sub-Total
Facil: Fire Station #1
August 16, 2021Page 3.1Produced Using the Plan-It Capital Planning SoftwareDRAFT
Total20222023202420252026
Department
Category
15,500 15,500Irrigation System 440-011
21,500 21,500Wall Coverings 440-018
10,000 10,000Turnout Lockers 440-019
7,500 7,500Glass 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
100,000 100,000Generator Enclosure 440-079
100,000 100,000Duty Crew Renovation 440-080
66,000 66,000Windows - Aluminum 440-084
9,500 9,500Room Divider / Display Case 440-085
200,000 15,500 152,600 147,500 515,600Sub-Total
Facil: Fire Station #2
30,000 30,000Carpet440-012
25,000 25,000Infrared Tube Heater 440-013
30,000 30,000Forced Air Furnace (3)440-024
112,000 112,000Membrane Roofing 440-039
30,000 30,000AC Unit (3)440-086
55,000 60,000 112,000 227,000Sub-Total
Facil: Library & Club Prior
17,500 17,500Vav Boxes 440-025
300,000 300,000Parking Lots 440-026
317,500 317,500Sub-Total
Facil: Maintenance Ctr.
40,500 40,500Auto Gate 440-027
80,500 80,500Overhead Crane 440-028
51,500 51,500Windows - Aluminum 440-041
7,500 7,500Room Divider 440-042
154,000 154,000Hoists (In-Ground and Utility)440-043
6,000 6,000Wood Fence 440-077
80,000 80,000Salt Building Membrane Roofing 440-078
28,500 28,500Skylights (3)440-116
24,000 24,000Miscellaneous440-117
43,500 43,500Steel Doors and Frames 440-118
86,000 121,000 309,000 516,000Sub-Total
Facil: Police Station
50,000 50,000Wall Coverings 440-009
117,000 117,000Carpet440-010
310,000 310,000Membrane Roofing 440-029
8,000 8,000Overhead Coiling Door (2)440-047
13,000 13,000Irrigation System 440-082
60,000 60,000Overhead Folding Door 10x14 440-083
100,000 100,000Parking / Safety Enhancements 440-087
40,000 40,000Front Entry Security Update 440-101
19,000 19,000Bell and Gosset Pump 440-102
14,000 14,000Greenheck Exhaust (2)440-103
79,000 79,000Air Handler - McQuay 440-104
60,000 60,000AC Condenser 440-105
August 16, 2021Page 3.2Produced Using the Plan-It Capital Planning SoftwareDRAFT
Total20222023202420252026
Department
Category
208,000 208,000VAV Boxes 440-106
167,000 73,000 310,000 100,000 428,000 1,078,000Sub-Total
453,000 207,000 1,216,600 247,500 2,043,500 4,167,600Department Total:
Fire
Equipment: Apparatus
175,000 175,000Fire - Heavy Rescue 9215
150,000 150,000Fire Truck Heavy Rescue (Refurbish)9216
175,000 150,000 325,000Sub-Total
Equipment: First Response
49,500 49,500Squad Fire (Chief)9200
45,000 45,0001/2 Ton Crew Cab 9201
37,000 37,000Squad Pick-Up 1/2 Ton 9202
36,000 36,000Squad Pick-Up 1/2 Ton 9203
45,000 36,000 37,000 49,500 167,500Sub-Total
Equipment: Grass Rigs
90,000 90,0002001 F-350 1 Ton Truck 9271
90,000 90,000Fire Truck 1 Ton 9272
90,000 90,000 180,000Sub-Total
Equipment: Other
47,000 47,000UTV9275
53,000 55,000 108,000Fire Radios FD-RADIOS
53,000 55,000 47,000 155,000Sub-Total
188,000 266,000 277,000 47,000 49,500 827,500Department Total:
Parks
Equipment: Attachments
2,500 2,500SKID STEER SNOW BUCKET 8256
3,000 3,000SKID STEER SNOW BUCKET 8257
1,600 1,600SKID STEER U-BLADE 8260
18,500 18,500DISC8266
9,500 9,500TILLER8268
18,500 18,500TOP DRESSER 8273
9,500 41,100 3,000 53,600Sub-Total
Equipment: Dump Trucks
66,000 66,000Truck-1 Ton Dump 8546
62,500 62,500Truck-1 Ton Dump 8547
62,500 66,000 128,500Sub-Total
Equipment: Loaders/Skid Steers
70,000 70,000SKID STEER 8501
70,000 70,000Sub-Total
Equipment: Pick Ups/Vans
31,000 31,000TRUCK-1 TON 8540
38,000 38,0002011 TRUCK-1/4 TON 8542
48,000 48,000TRUCK-1 TON 8543
47,000 47,000TRUCK-1 TON 8544
60,500 60,500TRUCK-1 TON 8545
August 16, 2021Page 3.3Produced Using the Plan-It Capital Planning SoftwareDRAFT
Total20222023202420252026
Department
Category
68,500 68,500TRUCK-1 TON 8548
185,000 185,000TRUCK-BOOM 8549
270,000 108,500 99,500 478,000Sub-Total
Equipment: Street/Sidewalk
155,500 155,500SIDEWALK MACHINE 8506
155,500 155,500Sub-Total
Equipment: Trailers
7,500 7,500TRAILER8533
7,500 7,500Sub-Total
Equipment: Tree Care
60,000 60,000WOODCHIPPER8510
60,000 60,000Sub-Total
Equipment: Turf Care
120,000 120,000MOVER-16FT 8503
122,000 122,000TRACTOR8507
4,500 4,500MOWER WALK BEHIND 8511
6,000 6,000SOD CUTTER 8512
38,500 38,500MOWER-6FT 8524
43,000 43,000MOWER-6FT 8525
43,000 43,000MOWER-6FT 8526
19,500 19,500UTILITY VEH-STRIPER 8535
28,000 28,000UTILITY VEH-FIELD GROOMER 8537
29,000 29,000UTILITY VEHICLE 8539
30,000 30,000Mower - 6 FT 85X1
75,000 75,000Toolcat w/Mower 85X3
133,000 362,500 28,000 35,000 558,500Sub-Total
349,500 397,000 592,000 69,100 104,000 1,511,600Department Total:
Parks: Projects
New Park Development
325,000 325,000 650,000Future Neighborhood Park Development 225-001
325,000 325,000 650,000Sub-Total
Park Replacement
15,000 15,000Boudins BB Court Maintenance 430-006
18,000 18,000Oakland BB Court Maintenance 430-007
15,000 15,000Wilds BB Court Maintenance 430-010
15,000 15,000Willows BB Court Maintenance 430-011
15,000 15,000Crystal Lake Aerator 430-023
6,000 6,000Memorial Windscreen 430-025
80,000 80,000Northwood Playground 430-026
7,000 7,000Sand Point BB Court surface, hoop/stand 430-027
330,000 330,000Ponds Lighting 430-028
10,000 10,000Sand Point Ballfield 430-029
50,000 50,000Sand Point Beach Renovation Study 430-030
80,000 80,000Willows Playground 430-032
80,000 80,000Woodridge Playground 430-033
80,000 80,000Cardinal Ridge Playground 430-034
82,000 82,000Oakland Beach Playground 430-035
August 16, 2021Page 3.4Produced Using the Plan-It Capital Planning SoftwareDRAFT
Total20222023202420252026
Department
Category
15,000 15,000Ryan BB Court Surface, Hoop/Stand 430-036
7,500 7,500Timbercrest BB Court Surface, Hoop/Stand 430-037
82,000 82,000Knob Hill Playground 430-038
250,000 250,000Memorial Parking Lots (2)430-039
75,000 75,000Ponds Dugouts 430-040
100,000 100,000Ponds Playground 430-042
45,000 45,000Cardinal Ridge Parking Lot 430-044
5,000 5,000Grainwood Crossing Parking Lot 430-045
100,000 100,000Memorial Playground 430-046
15,000 15,000Northwood Meadows BB Court Surface 430-047
15,000 15,000Wilds North BB Court Surface, Hoop/Stand 430-048
800,000 800,000Wilds Parkway Trail 430-068
Trail Maintenance TRAILS
108,000 613,000 184,500 1,307,000 180,000 2,392,500Sub-Total
108,000 938,000 184,500 1,632,000 180,000 3,042,500Department Total:
Police
Equipment: Emerg. Sirens
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
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
19,450 19,4502006 Siren@1546 Belmont Ave NW PD-Siren14
38,900 41,050 38,900 19,450 19,450 157,750Sub-Total
Equipment: Squads
40,000 40,0002012-Lincoln MKZ (1212)7131
50,000 50,000Investigator Car (1516)7135
40,000 40,000Drug Task Force Car (1815)7298
182,000 198,000 380,000Squads-Marked Multiple 1
186,000 186,000Squads-Marked Multiple 2
220,000 288,000 508,000Squads-Marked Multiple 3
260,000 222,000 186,000 288,000 248,000 1,204,000Sub-Total
298,900 263,050 224,900 307,450 267,450 1,361,750Department Total:
Streets
Equipment: Attachments
1,000 1,000SKID STEER TRAILER MOVER 8254
21,000 21,000SKID STEER ASPHALT MILL 8258
34,500 34,5002003 DIRECTIONAL SAFETY SIGN 8426
34,500 21,000 1,000 56,500Sub-Total
Equipment: Dump Trucks
125,000 125,000 Truck - 1.5 Ton - Dump New 8XX5
August 16, 2021Page 3.5Produced Using the Plan-It Capital Planning SoftwareDRAFT
Total20222023202420252026
Department
Category
125,000 125,000Sub-Total
Equipment: Emergency Power
65,000 65,000Generators - Facility FS1 GEN-FS1
55,000 55,000Generator - PD GEN-PD
65,000 55,000 120,000Sub-Total
Equipment: Loaders/Skid Steers
79,500 79,500SKID STEER 8781
177,000 177,000LOADER-BACKHOE 8785
228,500 228,500LOADER WHEEL 8789
256,500 228,500 485,000Sub-Total
Equipment: Pick Ups/Vans
42,500 42,500TRUCK-1 TON 8457
54,000 54,000Pickup 1 Ton 8X10
42,500 54,000 96,500Sub-Total
Equipment: Street/Sidewalk
186,500 186,500STREET SWEEPER-MECHANICAL 8472
28,800 28,800ASPHALT ROLLER 8474
28,800 186,500 215,300Sub-Total
Equipment: Trailers
11,500 11,500TRAILER8479
12,600 12,600TRAILER8480
12,600 11,500 24,100Sub-Total
65,000 89,600 103,800 569,000 295,000 1,122,400Department Total:
Streets: Overlay
Streets: Street Overlay
Mill and Overlay PIR22-000001
885,000 885,000Mill and Overlay PIR23-000001
1,180,000 1,180,000Mill and Overlay PIR24-000001
1,475,000 1,475,000Mill and Overlay PIR25-000001
1,475,000 1,475,000Mill and Overlay PIR26-000001
885,000 1,180,000 1,475,000 1,475,000 5,015,000Sub-Total
885,000 1,180,000 1,475,000 1,475,000 5,015,000Department Total:
Streets: Transportation
Streets: City Jurisdiction
6,158,000 6,158,000Downtown 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
5,500,000 5,500,000Street Reconstruction TRN25-000001
6,158,000 6,458,000 5,000,000 5,000,000 5,500,000 28,116,000Sub-Total
Streets: Partnership
3,366,000 3,366,000CSAH 21 (Revere to 170th St)TRN22-000002
3,366,000 3,366,000Sub-Total
9,524,000 6,458,000 5,000,000 5,000,000 5,500,000 31,482,000Department Total:
August 16, 2021Page 3.6Produced Using the Plan-It Capital Planning SoftwareDRAFT
Total20222023202420252026
Department
Category
Technology
I.T.- General Equipment
36,000 36,000Poll Pads - qty 28 ELEC-001
18,000 18,000Tabulators - qty 2 ELEC-002
5,500 5,500Epson Projector - Parkview TECH-EQ-002
10,600 10,600Ricoh MP C4503 - CD/Eng TECH-EQ-003
6,000 6,000NVR Milestone Husky M20 TECH-EQ-004
10,600 10,600Ricoh MP C4504 - Admin TECH-EQ-005
9,000 9,000Ricoh MP C3003 - PW TECH-EQ-006
9,500 9,500Ricoh MP C3504 - Police TECH-EQ-007
6,000 6,000Ricoh MP C2504 TECH-EQ-008
9,000 9,000HP DesignJet T1500 - CD/Eng TECH-EQ-009
18,000 18,000Ricoh W3601 Copier - CD/Eng TECH-EQ-010
79,600 32,500 20,100 6,000 138,200Sub-Total
I.T.- Network Infrastructure
12,000 12,000Network Switch TECH-NW-005
15,000 15,000HP Proliant DL380 ESX01 TECH-NW-006
15,000 15,000HP Proliant DL380 ESX02 TECH-NW-007
36,000 36,000Dell SAN TECH-NW-008
12,000 66,000 78,000Sub-Total
79,600 44,500 20,100 72,000 216,200Department Total:
Utility: Sewer Fund
Equipment: Emergency Power
69,500 69,500GENERATORS-TOWABLE 8742
51,000 51,000GENERATORS-TOWABLE 8776
90,000 90,000GENERATORS-TOWABLE 8777
69,500 90,000 51,000 210,500Sub-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
12,500 12,500Sub-Total
Wastewater
165,000 394,000 424,000 454,500 454,530 1,892,030Sewer Lining and I&I Program 604-1
57,000 59,000 60,500 62,500 239,000Sewer System Equipment Replacement 604-2
155,000 172,500 135,000 142,500 150,000 755,000Lift Station Rehabilitation 604-4
377,000 625,500 619,500 659,500 604,530 2,886,030Sub-Total
455,200 625,500 619,500 772,000 655,530 3,127,730Department Total:
Utility: Storm Water Fund
Storm Sewer/Drainage
30,000 280,000 113,000 230,000 30,000 683,000LSWMP Implementation Plan 602-2
300,000 100,000 300,000 100,000 300,000 1,100,000Stormwater Pond Maintenance 602-3
330,000 380,000 413,000 330,000 330,000 1,783,000Sub-Total
August 16, 2021Page 3.7Produced Using the Plan-It Capital Planning SoftwareDRAFT
Total20222023202420252026
Department
Category
330,000 380,000 413,000 330,000 330,000 1,783,000Department Total:
Utility: Water Fund
Equipment: Pick Ups/Vans
162,000 162,000TRUCK-1.5TON-DUMP 8756
85,000 85,000TRUCK-1 TON 8758
162,000 85,000 247,000Sub-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
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
12,500 12,500Sub-Total
Water Distribution
50,000 105,000 55,000 57,500 60,000 327,500Well Rehab 601-1
10,000 6,200 10,000 26,200Tower Reconditioning 601-2
60,000 111,200 55,000 57,500 70,000 353,700Sub-Total
Water Treatment
20,000 20,000 20,000 60,000Water Treatment Facility Equip Replacement 601-3
20,000 20,000 20,000 60,000Sub-Total
251,000 246,700 115,500 176,500 70,000 859,700Department Total:
12,042,600 10,884,450 9,991,300 10,689,700 11,114,380 54,722,430GRAND TOTAL
August 16, 2021Page 3.8Produced Using the Plan-It Capital Planning SoftwareDRAFT
Capital Improvement Program
City of Prior Lake, Minnesota
PROJECTS BY FUNDING SOURCE
2022 2026thru
TotalSourceProject #2022 2023 2024 2025 2026
Cable Franchise Fund (F210)
COMM-001 11,65011,650Tightrope FlexLite 340 - Control Room
COMM-002 12,40012,400Webstreaming - Control Room
COMM-003 52,40052,400Chambers Presentation - Chambers
76,45024,050 52,400Cable Franchise Fund (F210) Total
Capital Park Fund (F225)
225-001 650,000325,000 325,000Future Neighborhood Park Development
650,000325,000 325,000Capital 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 1,156,0001,156,000CSAH 21 (Revere to 170th St)
1,156,0001,156,000County Total
Developer - Upfront Costs
TRN22-000002 150,000150,000CSAH 21 (Revere to 170th St)
150,000150,000Developer - Upfront Costs Total
Facilities Management Fund (F440)
440-008 35,50035,500Wall Coverings
440-009 50,00050,000Wall Coverings
440-010 117,000117,000Carpet
440-011 15,50015,500Irrigation System
440-012 30,00030,000Carpet
440-013 25,00025,000Infrared Tube Heater
440-017 255,500255,500Membrane Roofing
440-018 21,50021,500Wall Coverings
440-019 10,00010,000Turnout Lockers
440-020 7,5007,500Glass 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)
August 16, 2021Page 4.1Produced Using the Plan-It Capital Planning Software
TotalSourceProject #2022 2023 2024 2025 2026
440-025 17,50017,500Vav Boxes
440-027 40,50040,500Auto Gate
440-028 80,50080,500Overhead Crane
440-029 10,00010,000Membrane Roofing
440-031 147,500147,500Rooftop Unit
440-077 6,0006,000Wood Fence
440-078 80,00080,000Salt Building Membrane Roofing
440-079 100,000100,000Generator Enclosure
440-080 100,000100,000Duty Crew Renovation
440-081 28,00028,000Irrigation System
440-082 13,00013,000Irrigation System
440-083 60,00060,000Overhead Folding Door 10x14
440-084 66,00066,000Windows - Aluminum
440-085 9,5009,500Room Divider / Display Case
440-086 30,00030,000AC Unit (3)
440-087 100,000100,000Parking / Safety Enhancements
440-118 43,50043,500Steel Doors and Frames
1,567,600453,000 207,000 616,600 247,500 43,500Facilities Management Fund (F440) Total
G.O. Capital Improvement Bonds
440-026 300,000300,000Parking Lots
440-029 300,000300,000Membrane Roofing
440-032 393,000393,000Vav Boxes
440-034 12,00012,000Glass Doors
440-037 16,50016,500Coiling Doors
440-038 281,000281,000Carpet
440-039 112,000112,000Membrane Roofing
440-041 51,50051,500Windows - Aluminum
440-042 7,5007,500Room Divider
440-043 154,000154,000Hoists (In-Ground and Utility)
440-047 8,0008,000Overhead Coiling Door (2)
440-088 25,00025,000Brick Wallcovering / Cherrywood Paneling
440-089 23,00023,000Resiliant Flooring
440-090 17,00017,000Tile Walls
440-091 66,00066,000Bell and Gosset Pumps (2)
440-092 23,50023,500Cabinet Unit Heater
440-093 14,00014,000Greenheck Exhaust (2)
440-094 145,500145,500Air Handler (2)
440-095 171,500171,500Chiller
440-096 6,5006,500Miscellaneous
440-101 40,00040,000Front Entry Security Update
440-102 19,00019,000Bell and Gosset Pump
440-103 14,00014,000Greenheck Exhaust (2)
440-104 79,00079,000Air Handler - McQuay
440-105 60,00060,000AC Condenser
440-106 208,000208,000VAV Boxes
440-116 28,50028,500Skylights (3)
440-117 24,00024,000Miscellaneous
2,600,000600,000 2,000,000G.O. Capital Improvement Bonds Total
G.O. SA Bonds - Overlay Assessment
PIR23-000001 142,000142,000Mill and Overlay
August 16, 2021Page 4.2Produced Using the Plan-It Capital Planning Software
TotalSourceProject #2022 2023 2024 2025 2026
PIR24-000001 189,000189,000Mill and Overlay
PIR25-000001 236,000236,000Mill and Overlay
PIR26-000001 236,000236,000Mill and Overlay
803,000142,000 189,000 236,000 236,000G.O. SA Bonds - Overlay Assessment
Total
G.O. SA Bonds - Project Assessment
TRN20-000002 824,000824,000Downtown South Reconstruction
TRN22-000001 408,000408,000Fish Point Road Phase II
TRN22-000002 810,000810,000CSAH 21 (Revere to 170th St)
TRN23-000001 500,000500,000Street Reconstruction
TRN24-000001 500,000500,000Street Reconstruction
TRN25-000001 550,000550,000Street Reconstruction
3,592,0001,634,000 408,000 500,000 500,000 550,000G.O. SA Bonds - Project Assessment
Total
G.O. SA Bonds - Project Levy
TRN20-000002 1,100,0001,100,000Downtown 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
TRN25-000001 3,300,0003,300,000Street Reconstruction
10,450,0001,100,000 50,000 3,000,000 3,000,000 3,300,000G.O. SA Bonds - Project Levy Total
G.O. SA Bonds - Project MSA
TRN20-000002 1,665,0001,665,000Downtown South Reconstruction
TRN22-000001 4,580,0004,580,000Fish Point Road Phase II
6,245,0001,665,000 4,580,000G.O. SA Bonds - Project MSA Total
General Fund (F101)
ELEC-001 36,00036,000Poll Pads - qty 28
ELEC-002 18,00018,000Tabulators - qty 2
TECH-EQ-002 5,5005,500Epson Projector - Parkview
TECH-EQ-003 10,60010,600Ricoh MP C4503 - CD/Eng
TECH-EQ-004 6,0006,000NVR Milestone Husky M20
TECH-EQ-005 10,60010,600Ricoh MP C4504 - Admin
TECH-EQ-006 3,0003,000Ricoh MP C3003 - PW
TECH-EQ-007 9,5009,500Ricoh MP C3504 - Police
TECH-EQ-008 6,0006,000Ricoh MP C2504
TECH-EQ-009 9,0009,000HP DesignJet T1500 - CD/Eng
TECH-EQ-010 18,00018,000Ricoh W3601 Copier - CD/Eng
TECH-NW-005 12,00012,000Network Switch
TECH-NW-006 15,00015,000HP Proliant DL380 ESX01
TECH-NW-007 15,00015,000HP Proliant DL380 ESX02
TECH-NW-008 36,00036,000Dell SAN
210,20079,600 38,500 20,100 72,000General Fund (F101) Total
Perm. Imp. Revolving Fund (F450)
August 16, 2021Page 4.3Produced Using the Plan-It Capital Planning Software
TotalSourceProject #2022 2023 2024 2025 2026
PIR22-000001Mill and Overlay
PIR23-000001 743,000743,000Mill and Overlay
PIR24-000001 991,000991,000Mill and Overlay
PIR25-000001 1,239,0001,239,000Mill and Overlay
PIR26-000001 1,239,0001,239,000Mill and Overlay
4,212,000743,000 991,000 1,239,000 1,239,000Perm. Imp. Revolving Fund (F450) Total
Revolving Equip. Fund (F410)
6397 29,00029,000TRUCK-1/2 TON
7131 40,00040,0002012-Lincoln MKZ (1212)
7135 50,00050,000Investigator Car (1516)
7298 40,00040,000Drug Task Force Car (1815)
8254 1,0001,000SKID STEER TRAILER MOVER
8256 2,5002,500SKID STEER SNOW BUCKET
8257 3,0003,000SKID STEER SNOW BUCKET
8258 21,00021,000SKID STEER ASPHALT MILL
8260 1,6001,600SKID STEER U-BLADE
8266 18,50018,500DISC
8268 9,5009,500TILLER
8273 18,50018,500TOP DRESSER
8426 34,50034,5002003 DIRECTIONAL SAFETY SIGN
8457 42,50042,500TRUCK-1 TON
8472 93,25093,250STREET SWEEPER-MECHANICAL
8474 28,80028,800ASPHALT ROLLER
8479 11,50011,500TRAILER
8480 12,60012,600TRAILER
8501 70,00070,000SKID STEER
8503 120,000120,000MOVER-16FT
8506 155,500155,500SIDEWALK MACHINE
8507 122,000122,000TRACTOR
8510 60,00060,000WOODCHIPPER
8511 4,5004,500MOWER WALK BEHIND
8512 6,0006,000SOD CUTTER
8524 38,50038,500MOWER-6FT
8525 43,00043,000MOWER-6FT
8526 43,00043,000MOWER-6FT
8533 7,5007,500TRAILER
8535 19,50019,500UTILITY VEH-STRIPER
8537 28,00028,000UTILITY VEH-FIELD GROOMER
8539 29,00029,000UTILITY VEHICLE
8540 31,00031,000TRUCK-1 TON
8542 38,00038,0002011 TRUCK-1/4 TON
8543 48,00048,000TRUCK-1 TON
8544 47,00047,000TRUCK-1 TON
8545 60,50060,500TRUCK-1 TON
8546 66,00066,000Truck-1 Ton Dump
8547 62,50062,500Truck-1 Ton Dump
8548 68,50068,500TRUCK-1 TON
8549 185,000185,000TRUCK-BOOM
85X1 30,00030,000Mower - 6 FT
85X3 75,00075,000Toolcat w/Mower
8781 26,50026,500SKID STEER
8785 59,00059,000LOADER-BACKHOE
8789 228,500228,500LOADER WHEEL
August 16, 2021Page 4.4Produced Using the Plan-It Capital Planning Software
TotalSourceProject #2022 2023 2024 2025 2026
8X10 54,00054,000Pickup 1 Ton
8XX5 125,000125,000 Truck - 1.5 Ton - Dump New
9200 49,50049,500Squad Fire (Chief)
9201 45,00045,0001/2 Ton Crew Cab
9202 37,00037,000Squad Pick-Up 1/2 Ton
9203 36,00036,000Squad Pick-Up 1/2 Ton
9215 175,000175,000Fire - Heavy Rescue
9216 150,000150,000Fire Truck Heavy Rescue (Refurbish)
9271 90,00090,0002001 F-350 1 Ton Truck
9272 90,00090,000Fire Truck 1 Ton
9275 47,00047,000UTV
FD-RADIOS 108,00053,000 55,000Fire Radios
GEN-FS1 65,00065,000Generators - Facility FS1
GEN-PD 55,00055,000Generator - PD
Multiple 1 380,000182,000 198,000Squads-Marked
Multiple 2 186,000186,000Squads-Marked
Multiple 3 508,000220,000 288,000Squads-Marked
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-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
PD-Siren14 19,45019,4502006 Siren@1546 Belmont Ave NW
REFUR 100,00020,000 20,000 20,000 20,000 20,000Refurbishing
4,688,000921,400 1,064,650 1,217,700 748,300 735,950Revolving Equip. Fund (F410) Total
Revolving Park Equip. Fund (F430)
430-006 15,00015,000Boudins BB Court Maintenance
430-007 18,00018,000Oakland BB Court Maintenance
430-010 15,00015,000Wilds BB Court Maintenance
430-011 15,00015,000Willows BB Court Maintenance
430-023 15,00015,000Crystal Lake Aerator
430-025 6,0006,000Memorial Windscreen
430-026 80,00080,000Northwood Playground
430-027 7,0007,000Sand Point BB Court surface, hoop/stand
430-028 330,000330,000Ponds Lighting
430-029 10,00010,000Sand Point Ballfield
430-030 50,00050,000Sand Point Beach Renovation Study
430-032 80,00080,000Willows Playground
430-033 80,00080,000Woodridge Playground
430-034 80,00080,000Cardinal Ridge Playground
430-035 82,00082,000Oakland Beach Playground
430-036 15,00015,000Ryan BB Court Surface, Hoop/Stand
430-037 7,5007,500Timbercrest BB Court Surface, Hoop/Stand
430-038 82,00082,000Knob Hill Playground
430-039 250,000250,000Memorial Parking Lots (2)
430-040 75,00075,000Ponds Dugouts
430-042 100,000100,000Ponds Playground
430-044 45,00045,000Cardinal Ridge Parking Lot
August 16, 2021Page 4.5Produced Using the Plan-It Capital Planning Software
TotalSourceProject #2022 2023 2024 2025 2026
430-045 5,0005,000Grainwood Crossing Parking Lot
430-046 100,000100,000Memorial Playground
430-047 15,00015,000Northwood Meadows BB Court Surface
430-048 15,00015,000Wilds North BB Court Surface, Hoop/Stand
430-068 800,000800,000Wilds Parkway Trail
TRAILSTrail Maintenance
2,392,500108,000 613,000 184,500 1,307,000 180,000Revolving Park Equip. Fund (F430) Total
Street Oversize Fund (F503)
TRN22-000002 1,250,0001,250,000CSAH 21 (Revere to 170th St)
1,250,0001,250,000Street Oversize Fund (F503) Total
Utility: Sewer Fund (F604)
604-1 1,892,030165,000 394,000 424,000 454,500 454,530Sewer Lining and I&I Program
604-2 239,00057,000 59,000 60,500 62,500Sewer System Equipment Replacement
604-3 18,7008,700 10,000Technology Plan
604-4 755,000155,000 172,500 135,000 142,500 150,000Lift Station Rehabilitation
604-5 12,50012,500Software Upgrade
8742 69,50069,500GENERATORS-TOWABLE
8758 42,50042,500TRUCK-1 TON
8776 51,00051,000GENERATORS-TOWABLE
8777 90,00090,000GENERATORS-TOWABLE
8781 26,50026,500SKID STEER
8785 59,00059,000LOADER-BACKHOE
TECH-EQ-006 3,0003,000Ricoh MP C3003 - PW
TRN20-000002 631,000631,000Downtown South Reconstruction
TRN22-000001 260,000260,000Fish Point Road Phase II
TRN23-000001 495,000495,000Street Reconstruction
TRN24-000001 495,000495,000Street Reconstruction
TRN25-000001 544,500544,500Street Reconstruction
5,684,2301,086,200 885,500 1,117,500 1,395,000 1,200,030Utility: Sewer Fund (F604) Total
Utility: Storm Water Fund (F602)
602-2 683,00030,000 280,000 113,000 230,000 30,000LSWMP Implementation Plan
602-3 1,100,000300,000 100,000 300,000 100,000 300,000Stormwater Pond Maintenance
8472 93,25093,250STREET SWEEPER-MECHANICAL
TRN20-000002 263,000263,000Downtown South Reconstruction
TRN23-000001 150,000150,000Street Reconstruction
TRN24-000001 150,000150,000Street Reconstruction
TRN25-000001 165,000165,000Street Reconstruction
2,604,250593,000 380,000 563,000 573,250 495,000Utility: Storm Water Fund (F602) Total
Utility: Water Fund (F601)
440-014 26,50026,500Carpet
440-015 15,00015,000Rooftop Unit
440-016 94,00094,000Ventilators
440-030 40,50040,500Auto Gate
601-1 327,50050,000 105,000 55,000 57,500 60,000Well Rehab
601-2 26,20010,000 6,200 10,000Tower Reconditioning
August 16, 2021Page 4.6Produced Using the Plan-It Capital Planning Software
TotalSourceProject #2022 2023 2024 2025 2026
601-3 60,00020,000 20,000 20,000Water Treatment Facility Equip Replacement
601-4 10,5009,000 1,500Technology Plan
601-5 12,50012,500Software Upgrade
8756 162,000162,000TRUCK-1.5TON-DUMP
8758 42,50042,500TRUCK-1 TON
8781 26,50026,500SKID STEER
8785 59,00059,000LOADER-BACKHOE
TECH-EQ-006 3,0003,000Ricoh MP C3003 - PW
TRN20-000002 675,000675,000Downtown South Reconstruction
TRN22-000001 620,000620,000Fish Point Road Phase II
TRN23-000001 855,000855,000Street Reconstruction
TRN24-000001 855,000855,000Street Reconstruction
TRN25-000001 940,500940,500Street Reconstruction
4,851,200926,000 866,700 973,500 1,074,500 1,010,500Utility: Water Fund (F601) Total
54,722,43012,042,600 10,884,450 9,991,300 10,689,700 11,114,380GRAND TOTAL
August 16, 2021Page 4.7Produced Using the Plan-It Capital Planning Software
Capital Improvement Program
City of Prior Lake, Minnesota
TRANSPORTATION PLAN SUMMARY
PROJECTS & FUNDING SOURCES BY DEPARTMENT
2022 2026thru
Total20222023202420252026DepartmentProject #
Streets: Overlay
803,000142,000 189,000 236,000 236,000G.O. SA Bonds - Overlay Assessment
4,212,000743,000 991,000 1,239,000 1,239,000Perm. Imp. Revolving Fund (F450)
5,015,000885,000 1,180,000 1,475,000 1,475,000Streets: Overlay Total
PIR22-000001Mill and Overlay
PIR23-000001 885,000885,000Mill and Overlay
PIR24-000001 1,180,0001,180,000Mill and Overlay
PIR25-000001 1,475,0001,475,000Mill and Overlay
PIR26-000001 1,475,0001,475,000Mill and Overlay
5,015,000885,000 1,180,000 1,475,000 1,475,000Streets: Overlay Total
Streets: Transportation
1,540,0001,000,000 540,000City MSA Funds
1,156,0001,156,000County
150,000150,000Developer - Upfront Costs
3,592,0001,634,000 408,000 500,000 500,000 550,000G.O. SA Bonds - Project Assessment
10,450,0001,100,000 50,000 3,000,000 3,000,000 3,300,000G.O. SA Bonds - Project Levy
6,245,0001,665,000 4,580,000G.O. SA Bonds - Project MSA
1,250,0001,250,000Street Oversize Fund (F503)
2,425,500631,000 260,000 495,000 495,000 544,500Utility: Sewer Fund (F604)
728,000263,000 150,000 150,000 165,000Utility: Storm Water Fund (F602)
3,945,500675,000 620,000 855,000 855,000 940,500Utility: Water Fund (F601)
31,482,0009,524,000 6,458,000 5,000,000 5,000,000 5,500,000Streets: Transportation Total
TRN20-000002 6,158,0006,158,000Downtown 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
TRN25-000001 5,500,0005,500,000Street Reconstruction
31,482,0009,524,000 6,458,000 5,000,000 5,000,000 5,500,000Streets: Transportation Total
36,497,0009,524,000 7,343,000 6,180,000 6,475,000 6,975,000Grand Total
August 16, 2021Page 5.1Produced Using the Plan-It Capital Planning SoftwareDRAFT
Capital Improvement Program
City of Prior Lake, Minnesota
TRANSPORTATION PLAN DETAIL
PROJECTS & FUNDING SOURCES BY DEPARTMENT
2022 2026thru
Total20222023202420252026DepartmentProject #
Streets: Overlay
PIR22-000001Mill and Overlay
Perm. Imp. Revolving Fund (F450)
PIR23-000001 885,000885,000Mill and Overlay
G.O. SA Bonds - Overlay Assessment 142,000 142,000
Perm. Imp. Revolving Fund (F450)743,000 743,000
PIR24-000001 1,180,0001,180,000Mill and Overlay
G.O. SA Bonds - Overlay Assessment 189,000 189,000
Perm. Imp. Revolving Fund (F450)991,000 991,000
PIR25-000001 1,475,0001,475,000Mill and Overlay
G.O. SA Bonds - Overlay Assessment 236,000 236,000
Perm. Imp. Revolving Fund (F450)1,239,000 1,239,000
PIR26-000001 1,475,0001,475,000Mill and Overlay
G.O. SA Bonds - Overlay Assessment 236,000 236,000
Perm. Imp. Revolving Fund (F450)1,239,000 1,239,000
5,015,000885,000 1,180,000 1,475,000 1,475,000Streets: Overlay Total
Streets: Transportation
TRN20-000002 6,158,0006,158,000Downtown South Reconstruction
City MSA Funds 1,000,000 1,000,000
G.O. SA Bonds - Project Assessment 824,000 824,000
G.O. SA Bonds - Project Levy 1,100,000 1,100,000
G.O. SA Bonds - Project MSA 1,665,000 1,665,000
Utility: Sewer Fund (F604)631,000 631,000
Utility: Storm Water Fund (F602)263,000 263,000
Utility: Water Fund (F601)675,000 675,000
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 1,156,000 1,156,000
Developer - Upfront Costs 150,000 150,000
G.O. SA Bonds - Project Assessment 810,000 810,000
Street Oversize Fund (F503)1,250,000 1,250,000
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
August 16, 2021Page 5.2Produced Using the Plan-It Capital Planning SoftwareDRAFT
Total20222023202420252026DepartmentProject #
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
TRN25-000001 5,500,0005,500,000Street Reconstruction
G.O. SA Bonds - Project Assessment 550,000 550,000
G.O. SA Bonds - Project Levy 3,300,000 3,300,000
Utility: Sewer Fund (F604)544,500 544,500
Utility: Storm Water Fund (F602)165,000 165,000
Utility: Water Fund (F601)940,500 940,500
31,482,0009,524,000 6,458,000 5,000,000 5,000,000 5,500,000Streets: Transportation Total
GRAND TOTAL 36,497,0009,524,000 7,343,000 6,180,000 6,475,000 6,975,000
August 16, 2021Page 5.3Produced Using the Plan-It Capital Planning SoftwareDRAFT
2022 2023 2024 2025 2026
Perm. Imp. Revolving Fund (F450)
Beginning Balance 373,650 1,297,431 1,595,440 1,743,767 1,726,550
Revenues and Other Fund Sources
Revenue
Tax Levy 000 0 0
Special Assessment Revenue 150,731 154,959 152,362 150,582 92,607
G.O. Special Assessment Bonds - Overlay Assessment 0 142,000 189,000 236,000 236,000
Franchise Fees 1,050,000 1,068,000 1,086,000 1,115,040 1,133,220
Interest Earnings 5,700 21,000 28,000 32,000 35,000
Total Revenues and Other Fund Sources 1,206,431 1,385,959 1,455,362 1,533,622 1,496,827
Total Funds Available 1,580,081 2,683,390 3,050,802 3,277,389 3,223,377
Expenditures and Uses
Capital Projects & Equipment
Streets: Overlay
Mill and Overlay PIR23-000001 0 (885,000)0 0 0
Mill and Overlay PIR24-000001 0 0 (1,180,000)0 0
Mill and Overlay PIR25-000001 0 0 0 (1,475,000)0
Mill and Overlay PIR26-000001 0 0 0 0 (1,475,000)
Mill and Overlay PIR27-000001 000 0 0
Mill and Overlay PIR28-000001 000 0 0
Mill and Overlay PIR29-000001 000 0 0
Mill and Overlay PIR30-000001 000 0 0
Mill and Overlay PIR31-000001 000 0 0
Total 0 (885,000) (1,180,000) (1,475,000) (1,475,000)
Other Uses
Transfer to Debt Service Funds (282,650) (202,950) (127,035) (75,839) (129,911)
Total (282,650) (202,950) (127,035) (75,839) (129,911)
Total Expenditures and Uses (282,650) (1,087,950) (1,307,035) (1,550,839) (1,604,911)
Change in Fund Balance 923,781 298,009 148,327 (17,217) (108,084)
Ending Balance 1,297,431 1,595,440 1,743,767 1,726,550 1,618,466
Produced Using the Plan- It Capital Planning Software Page 5.4 August 16, 2021
City of Prior Lake, Minnesota
Capital Improvement Program
2022 thru 2026
PERMANENT IMPROVEMENT REVOLVING FUND (F450)
SOURCES AND USES OF FUNDS
DRAFT
Page 5.5DRAFT
DRAFT
CITY OF PRIOR LAKE, MN
2022 to 2026 STREET RECONSTRUCTION PLAN
DRAFT AS OF AUGUST 16, 2021
Page 5.6DRAFT
City of Prior Lake
2022-2026 Street Reconstruction Plan
Page 2 of 4
City of Prior Lake, MN
2022 to 2026 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 have 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, bicycle lanes,
sidewalks, paths, 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, bicycle lanes,
sidewalks, paths, and other 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
2022-2026 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 $ 55,000
$3,240,000 G.O. Bonds, Series 2013A 150,000
$2,490,000 G.O. Taxable Bonds, Series 2015B 715,000
$3,505,000 G.O. Bonds, Series 2016A 215,000
$8,270,000 G.O. Bonds, Series 2018A 1,095,000
$2,065,000 G.O. Bonds, Series 2019A 1,365,000
$5,760,000 G.O. Bonds, Series 2021A 2,400,000
Total Outstanding Street Reconstruction Bonds $ 5,995,000
Page 5.8DRAFT
City of Prior Lake
2022-2026 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 June 2, 2021:
2020/2021 Estimated Market Value $ 4,190,057,200
Multiplied by 3% x .03
Statutory Debt Limit $ 125,701,716
Outstanding debt applicable to debt limit:
$3,240,000 G.O. Bonds, Series 2011A $ 55,000
$3,240,000 G.O. Bonds, Series 2013A 150,000
$2,490,000 Taxable G.O. Bonds, Series 2015B 715,000
$3,630,000 G.O. Bonds, Series 2016A 395,000
$4,505,000 G.O. Bonds, Series 2017A 220,000
$8,720,000 G.O. Bonds, Series 2018A 2,010,000
$2,065,000 G.O. Bonds, Series 2019A 1,565,000
$5,760,000 G.O. Bonds, Series 2021A 5,390,000
$5,870,000 G.O. Bonds, Series 2021B 5,870,000
Less outstanding debt applicable to debt limit: $ 16,370,000
Legal debt margin $ 109,331,716
The Plan provides for the issuance of a not to exceed amount of $15,990,000 in General
Obligation Street Reconstruction Bonds between January 1, 2022 and December 31, 2026.
This amount includes estimated cost of issuance of bonds, capitalized interest and rounding.
The proposed bond issuance is within the current City’s Legal Debt Margin, as of the date of
adoption of the Plan.
V.Proposed Street Reconstruction and Cost Estimate
The Plan is detailed in Table A. The City reserves the right to adjust the amount of annual
spending between years provided the overall not to exceed amount in the Plan is not
increased.
Page 5.9DRAFT
CITY OF PRIOR LAKE 2022-2026
STREET RECONSTRUCTION PLAN
AMOUNTS
January 1, 2022 through December 31, 2022
Downtown South Reconstruction 2,320,000$
CSAH 21 (CH87 to 170th St)1,060,000$
TOTAL 2022 3,380,000$
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
The Wilds/Jeffers Developments Mill and Overlay 6,620,000$
TOTAL 2024 6,620,000$
January 1, 2025 through December 31, 2025
Wilds Parkway Reclamation 4,710,000$
TOTAL 2025 4,710,000$
January 1, 2026 through December 31, 2026 $0
GRAND TOTAL (1/1/2022 THROUGH 12/31/2026)15,220,000
Bond Issuance Costs, Capitalized Interest, and Rounding $770,000
GRAND TOTAL $15,990,000
TABLE A
Page 5.10DRAFT
City of Prior Lake, Minnesota
Capital Improvement Program
2022 thru 2026
EQUIPMENT REPLACEMENT PLAN
PROJECTS BY DEPARTMENT AND CATEGORY
Total20222023202420252026
Department
Category
Building Inspection
Equipment: Pick Ups/Vans
29,000 29,000TRUCK-1/2 TON 6397
29,000 29,000Sub-Total
29,000 29,000Department 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
175,000 175,000Fire - Heavy Rescue 9215
150,000 150,000Fire Truck Heavy Rescue (Refurbish)9216
175,000 150,000 325,000Sub-Total
Equipment: First Response
49,500 49,500Squad Fire (Chief)9200
45,000 45,0001/2 Ton Crew Cab 9201
37,000 37,000Squad Pick-Up 1/2 Ton 9202
36,000 36,000Squad Pick-Up 1/2 Ton 9203
45,000 36,000 37,000 49,500 167,500Sub-Total
Equipment: Grass Rigs
90,000 90,0002001 F-350 1 Ton Truck 9271
90,000 90,000Fire Truck 1 Ton 9272
90,000 90,000 180,000Sub-Total
Equipment: Other
47,000 47,000UTV9275
53,000 55,000 108,000Fire Radios FD-RADIOS
53,000 55,000 47,000 155,000Sub-Total
188,000 266,000 277,000 47,000 49,500 827,500Department Total:
Parks
Equipment: Attachments
2,500 2,500SKID STEER SNOW BUCKET 8256
3,000 3,000SKID STEER SNOW BUCKET 8257
1,600 1,600SKID STEER U-BLADE 8260
18,500 18,500DISC8266
August 16, 2021Page 6.1Produced Using the Plan-It Capital Planning SoftwareDRAFT
Total20222023202420252026
Department
Category
9,500 9,500TILLER8268
18,500 18,500TOP DRESSER 8273
9,500 41,100 3,000 53,600Sub-Total
Equipment: Dump Trucks
66,000 66,000Truck-1 Ton Dump 8546
62,500 62,500Truck-1 Ton Dump 8547
62,500 66,000 128,500Sub-Total
Equipment: Loaders/Skid Steers
70,000 70,000SKID STEER 8501
70,000 70,000Sub-Total
Equipment: Pick Ups/Vans
31,000 31,000TRUCK-1 TON 8540
38,000 38,0002011 TRUCK-1/4 TON 8542
48,000 48,000TRUCK-1 TON 8543
47,000 47,000TRUCK-1 TON 8544
60,500 60,500TRUCK-1 TON 8545
68,500 68,500TRUCK-1 TON 8548
185,000 185,000TRUCK-BOOM 8549
270,000 108,500 99,500 478,000Sub-Total
Equipment: Street/Sidewalk
155,500 155,500SIDEWALK MACHINE 8506
155,500 155,500Sub-Total
Equipment: Trailers
7,500 7,500TRAILER8533
7,500 7,500Sub-Total
Equipment: Tree Care
60,000 60,000WOODCHIPPER8510
60,000 60,000Sub-Total
Equipment: Turf Care
120,000 120,000MOVER-16FT 8503
122,000 122,000TRACTOR8507
4,500 4,500MOWER WALK BEHIND 8511
6,000 6,000SOD CUTTER 8512
38,500 38,500MOWER-6FT 8524
43,000 43,000MOWER-6FT 8525
43,000 43,000MOWER-6FT 8526
19,500 19,500UTILITY VEH-STRIPER 8535
28,000 28,000UTILITY VEH-FIELD GROOMER 8537
29,000 29,000UTILITY VEHICLE 8539
30,000 30,000Mower - 6 FT 85X1
75,000 75,000Toolcat w/Mower 85X3
133,000 362,500 28,000 35,000 558,500Sub-Total
349,500 397,000 592,000 69,100 104,000 1,511,600Department Total:
Police
Equipment: Emerg. Sirens
8,650 8,6501990 Siren@15079 Manitou Rd. NE PD-Siren02
August 16, 2021Page 6.2Produced Using the Plan-It Capital Planning SoftwareDRAFT
Total20222023202420252026
Department
Category
8,650 8,6501990 Siren@5569 Cedarwood St. NE PD-Siren03
10,800 10,8001996 Siren@3765 Willowwood St SW PD-Siren04
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
19,450 19,4502006 Siren@1546 Belmont Ave NW PD-Siren14
38,900 41,050 38,900 19,450 19,450 157,750Sub-Total
Equipment: Squads
40,000 40,0002012-Lincoln MKZ (1212)7131
50,000 50,000Investigator Car (1516)7135
40,000 40,000Drug Task Force Car (1815)7298
182,000 198,000 380,000Squads-Marked Multiple 1
186,000 186,000Squads-Marked Multiple 2
220,000 288,000 508,000Squads-Marked Multiple 3
260,000 222,000 186,000 288,000 248,000 1,204,000Sub-Total
298,900 263,050 224,900 307,450 267,450 1,361,750Department Total:
Streets
Equipment: Attachments
1,000 1,000SKID STEER TRAILER MOVER 8254
21,000 21,000SKID STEER ASPHALT MILL 8258
34,500 34,5002003 DIRECTIONAL SAFETY SIGN 8426
34,500 21,000 1,000 56,500Sub-Total
Equipment: Dump Trucks
125,000 125,000 Truck - 1.5 Ton - Dump New 8XX5
125,000 125,000Sub-Total
Equipment: Emergency Power
65,000 65,000Generators - Facility FS1 GEN-FS1
55,000 55,000Generator - PD GEN-PD
65,000 55,000 120,000Sub-Total
Equipment: Loaders/Skid Steers
79,500 79,500SKID STEER 8781
177,000 177,000LOADER-BACKHOE 8785
228,500 228,500LOADER WHEEL 8789
256,500 228,500 485,000Sub-Total
Equipment: Pick Ups/Vans
42,500 42,500TRUCK-1 TON 8457
54,000 54,000Pickup 1 Ton 8X10
42,500 54,000 96,500Sub-Total
Equipment: Street/Sidewalk
186,500 186,500STREET SWEEPER-MECHANICAL 8472
28,800 28,800ASPHALT ROLLER 8474
28,800 186,500 215,300Sub-Total
August 16, 2021Page 6.3Produced Using the Plan-It Capital Planning SoftwareDRAFT
Total20222023202420252026
Department
Category
Equipment: Trailers
11,500 11,500TRAILER8479
12,600 12,600TRAILER8480
12,600 11,500 24,100Sub-Total
65,000 89,600 103,800 569,000 295,000 1,122,400Department Total:
921,400 1,064,650 1,217,700 1,012,550 735,950 4,952,250GRAND TOTAL
August 16, 2021Page 6.4Produced Using the Plan-It Capital Planning SoftwareDRAFT
2022 2023 2024 2025 2026
Revolving Equipment Fund (F410)
Beginning Balance 489,955 492,855 402,505 163,305 447,905
Revenues and Other Fund Sources
Revenue
Tax Levy 700,000 750,000 825,000 875,000 925,000
G.O. Capital Equipment Bonds 00000
Water Fund (F601)108,750 108,750 73,500 162,450 0
Water Quality Fund (F602)0 0 0 93,250 0
Sewer Fund (F604)108,750 108,750 73,500 162,450 0
Interest Earnings 6,800 6,800 6,500 4,000 6,500
Total Revenues and Other Fund Sources 924,300 974,300 978,500 1,297,150 931,500
Total Funds Available 1,414,255 1,467,155 1,381,005 1,460,455 1,379,405
Expenditures and Uses
Capital Projects & Equipment
Building Inspection 0 (29,000) 0 0 0
Central Garage (20,000) (20,000) (20,000) (20,000) (20,000)
Engineering 00000
Fire (188,000) (266,000) (277,000) (47,000) (49,500)
Parks (349,500) (397,000) (592,000) (69,100) (104,000)
Police (298,900) (263,050) (224,900) (307,450) (267,450)
Streets (65,000) (89,600) (103,800) (569,000) (295,000)
Total Expenditures and Uses (921,400) (1,064,650) (1,217,700) (1,012,550) (735,950)
Change in Fund Balance 2,900 (90,350) (239,200) 284,600 195,550
Ending Balance 492,855 402,505 163,305 447,905 643,455
Produced Using the Plan- It Capital Planning Software Page 6.5 August 16, 2021
City of Prior Lake, Minnesota
Capital Improvement Program
2022 thru 2026
REVOLVING EQUIPMENT FUND (F410)
SOURCES AND USES OF FUNDS
DRAFT
City of Prior Lake, Minnesota
Capital Improvement Program
2022 thru 2026
PARK PLAN
PROJECTS BY DEPARTMENT AND CATEGORY
Total20222023202420252026
Department
Category
Parks: Projects
New Park Development
325,000 325,000 650,000Future Neighborhood Park Development 225-001
325,000 325,000 650,000Sub-Total
Park Replacement
15,000 15,000Boudins BB Court Maintenance 430-006
18,000 18,000Oakland BB Court Maintenance 430-007
15,000 15,000Wilds BB Court Maintenance 430-010
15,000 15,000Willows BB Court Maintenance 430-011
15,000 15,000Crystal Lake Aerator 430-023
6,000 6,000Memorial Windscreen 430-025
80,000 80,000Northwood Playground 430-026
7,000 7,000Sand Point BB Court surface, hoop/stand 430-027
330,000 330,000Ponds Lighting 430-028
10,000 10,000Sand Point Ballfield 430-029
50,000 50,000Sand Point Beach Renovation Study 430-030
80,000 80,000Willows Playground 430-032
80,000 80,000Woodridge Playground 430-033
80,000 80,000Cardinal Ridge Playground 430-034
82,000 82,000Oakland Beach Playground 430-035
15,000 15,000Ryan BB Court Surface, Hoop/Stand 430-036
7,500 7,500Timbercrest BB Court Surface, Hoop/Stand 430-037
82,000 82,000Knob Hill Playground 430-038
250,000 250,000Memorial Parking Lots (2)430-039
75,000 75,000Ponds Dugouts 430-040
100,000 100,000Ponds Playground 430-042
45,000 45,000Cardinal Ridge Parking Lot 430-044
5,000 5,000Grainwood Crossing Parking Lot 430-045
100,000 100,000Memorial Playground 430-046
15,000 15,000Northwood Meadows BB Court Surface 430-047
15,000 15,000Wilds North BB Court Surface, Hoop/Stand 430-048
800,000 800,000Wilds Parkway Trail 430-068
Trail Maintenance TRAILS
108,000 613,000 184,500 1,307,000 180,000 2,392,500Sub-Total
108,000 938,000 184,500 1,632,000 180,000 3,042,500Department Total:
108,000 938,000 184,500 1,632,000 180,000 3,042,500GRAND TOTAL
August 16, 2021Page 7.1Produced Using the Plan-It Capital Planning SoftwareDRAFT
2022 2023 2024 2025 2026
Capital Park Fund (F225) - NEW PARKS
Beginning Balance 1,239,647 1,848,147 2,132,647 2,743,147 3,029,647
Revenues and Other Fund Sources
Revenue
Charges for Services: Park Dedication Fees 562,500 562,500 562,500 562,500 562,500
Rent 24,000 24,000 24,000 24,000 24,000
Interest Earnings 22,000 23,000 24,000 25,000 26,000
Total Revenues and Other Fund Sources 608,500 609,500 610,500 611,500 612,500
Total Funds Available 1,848,147 2,457,647 2,743,147 3,354,647 3,642,147
Expenditures and Uses
Capital Projects & Equipment
Parks: Projects
Future Neighborhood Park Development 225-001 0 (325,000)0 (325,000)0
Total Expenditures and Uses 0 (325,000)0 (325,000)0
Change in Fund Balance 608,500 284,500 610,500 286,500 612,500
Ending Balance 1,848,147 2,132,647 2,743,147 3,029,647 3,642,147
Produced Using the Plan- It Capital Planning Software Page 7.2 August 16, 2021
City of Prior Lake, Minnesota
Capital Improvement Program
2022 thru 2026
CAPITAL PARK FUND (F225)
SOURCES AND USES OF FUNDS
DRAFT
2022 2023 2024 2025 2026
Revolving Park Equipment Fund (F430) - REPLACEMENT
Beginning Balance 606,790 917,590 750,590 1,057,090 291,090
Revenues and Other Fund Sources
Revenue
Tax Levy 405,000 440,000 485,000 535,000 595,000
Interest Earnings 13,800 6,000 6,000 6,000 6,000
Total Revenues and Other Fund Sources 418,800 446,000 491,000 541,000 601,000
Total Funds Available 1,025,590 1,363,590 1,241,590 1,598,090 892,090
Expenditures and Uses
Capital Projects & Equipment
Parks: Projects
Boudins BB Court Maintenance 430-006 0 (15,000)0 0 0
Oakland BB Court Maintenance 430-007 0 (18,000)0 0 0
Wilds BB Court Maintenance 430-010 0 (15,000)0 0 0
Willows BB Court Maintenance 430-011 0 (15,000)0 0 0
Crystal Lake Aerator 430-023 (15,000)0 0 0 0
Memorial Windscreen 430-025 (6,000)0 0 0 0
Northwood Playground 430-026 (80,000)0 0 0 0
Sand Point BB Court surface, hoop/stand 430-027 (7,000)0 0 0 0
Ponds Lighting 430-028 0 (330,000)0 0 0
Sand Point Ballfield 430-029 0 (10,000)0 0 0
Sand Point Beach Renovation Study 430-030 0 (50,000)0 0 0
Willows Playground 430-032 0 (80,000)0 0 0
Woodridge Playground 430-033 0 (80,000)0 0 0
Cardinal Ridge Playground 430-034 0 0 (80,000)0 0
Oakland Beach Playground 430-035 0 0 (82,000)0 0
Ryan BB Court Surface, Hoop/Stand 430-036 0 0 (15,000)0 0
Timbercrest BB Court Surface, Hoop/Stand 430-037 0 0 (7,500)0 0
Knob Hill Playground 430-038 0 0 0 (82,000)0
Memorial Parking Lots (2)430-039 0 0 0 (250,000)0
Ponds Dugouts 430-040 0 0 0 (75,000)0
Ponds Playground 430-042 0 0 0 (100,000)0
Cardinal Ridge Parking Lot 430-044 0 0 0 0 (45,000)
Grainwood Crossing Parking Lot 430-045 0 0 0 0 (5,000)
Memorial Playground 430-046 0 0 0 0 (100,000)
City of Prior Lake, Minnesota
Capital Improvement Program
2022 thru 2026
REVOLVING PARK EQUIPMENT FUND (F430)
SOURCES AND USES OF FUNDS
Produced Using the Plan-It Capital Planning Software Page 7.3 August 16, 2021DRAFT
2022 2023 2024 2025 2026
City of Prior Lake, Minnesota
Capital Improvement Program
2022 thru 2026
REVOLVING PARK EQUIPMENT FUND (F430)
SOURCES AND USES OF FUNDS
Northwood Meadows BB Court Surface 430-047 0 0 0 0 (15,000)
Wilds North BB Court Surface, Hoop/Stand 430-048 0 0 0 0 (15,000)
Wilds Parkway Trail 430-068 0 0 0 (800,000)0
Total Expenditures and Uses (108,000) (613,000) (184,500) (1,307,000) (180,000)
Change in Fund Balance 310,800 (167,000) 306,500 (766,000) 421,000
Ending Balance 917,590 750,590 1,057,090 291,090 712,090
Produced Using the Plan-It Capital Planning Software Page 7.4 August 16, 2021DRAFT
2022 2023 2024 2025 2026
Revolving Park Equipment Fund (F430) - UNFUNDED
Capital Projects & Equipment
Parks: Projects
Deerfield Park Renovations 430-008 (682,000)0 0 0 0
Ponds Fencing 430-012 0 0 (270,000)0 0
Jeffers Pond Renovation 430-013 0 0 (1,191,000)0 0
Glynwater/Island View Renovation 430-016 0 0 0 0 (986,000)
Sand Point Beach Fishing Pier 430-031 0 (150,000)0 0 0
Ponds Parking Lots (4), Entrance Road 430-041 0 0 0 (830,000)0
Watzls City Docks 430-043 0 0 0 (150,000)0
Total Expenditures and Uses (682,000) (150,000) (1,461,000) (980,000) (986,000)
City of Prior Lake, Minnesota
Capital Improvement Program
2022 thru 2026
REVOLVING PARK EQUIPMENT FUND (F430)
PARK PLAN PROJECTS BY DEPARTMENT AND CATEGORY - UNFUNDED
Produced Using the Plan-It Capital Planning Software Page 7.5 August 16, 2021DRAFT
City of Prior Lake, Minnesota
Capital Improvement Program
2022 thru 2026
FACILITIES MANAGEMENT PLAN
PROJECTS BY DEPARTMENT AND CATEGORY
Total20222023202420252026
Department
Category
Facilities
Facil: City Hall
35,500 35,500Wall Coverings 440-008
255,500 255,500Membrane Roofing 440-017
393,000 393,000Vav Boxes 440-032
12,000 12,000Glass Doors 440-034
16,500 16,500Coiling Doors 440-037
281,000 281,000Carpet440-038
28,000 28,000Irrigation System 440-081
25,000 25,000Brick Wallcovering / Cherrywood Paneling 440-088
23,000 23,000Resiliant Flooring 440-089
17,000 17,000Tile Walls 440-090
66,000 66,000Bell and Gosset Pumps (2)440-091
23,500 23,500Cabinet Unit Heater 440-092
14,000 14,000Greenheck Exhaust (2)440-093
145,500 145,500Air Handler (2)440-094
171,500 171,500Chiller440-095
6,500 6,500Miscellaneous440-096
63,500 255,500 1,194,500 1,513,500Sub-Total
Facil: Fire Station #1
15,500 15,500Irrigation System 440-011
21,500 21,500Wall Coverings 440-018
10,000 10,000Turnout Lockers 440-019
7,500 7,500Glass 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
100,000 100,000Generator Enclosure 440-079
100,000 100,000Duty Crew Renovation 440-080
66,000 66,000Windows - Aluminum 440-084
9,500 9,500Room Divider / Display Case 440-085
200,000 15,500 152,600 147,500 515,600Sub-Total
Facil: Fire Station #2
30,000 30,000Carpet440-012
25,000 25,000Infrared Tube Heater 440-013
30,000 30,000Forced Air Furnace (3)440-024
112,000 112,000Membrane Roofing 440-039
30,000 30,000AC Unit (3)440-086
55,000 60,000 112,000 227,000Sub-Total
Facil: Library & Club Prior
August 16, 2021Page 8.1Produced Using the Plan-It Capital Planning SoftwareDRAFT
Total20222023202420252026
Department
Category
17,500 17,500Vav Boxes 440-025
300,000 300,000Parking Lots 440-026
317,500 317,500Sub-Total
Facil: Maintenance Ctr.
40,500 40,500Auto Gate 440-027
80,500 80,500Overhead Crane 440-028
51,500 51,500Windows - Aluminum 440-041
7,500 7,500Room Divider 440-042
154,000 154,000Hoists (In-Ground and Utility)440-043
6,000 6,000Wood Fence 440-077
80,000 80,000Salt Building Membrane Roofing 440-078
28,500 28,500Skylights (3)440-116
24,000 24,000Miscellaneous440-117
43,500 43,500Steel Doors and Frames 440-118
86,000 121,000 309,000 516,000Sub-Total
Facil: Police Station
50,000 50,000Wall Coverings 440-009
117,000 117,000Carpet440-010
310,000 310,000Membrane Roofing 440-029
8,000 8,000Overhead Coiling Door (2)440-047
13,000 13,000Irrigation System 440-082
60,000 60,000Overhead Folding Door 10x14 440-083
100,000 100,000Parking / Safety Enhancements 440-087
40,000 40,000Front Entry Security Update 440-101
19,000 19,000Bell and Gosset Pump 440-102
14,000 14,000Greenheck Exhaust (2)440-103
79,000 79,000Air Handler - McQuay 440-104
60,000 60,000AC Condenser 440-105
208,000 208,000VAV Boxes 440-106
167,000 73,000 310,000 100,000 428,000 1,078,000Sub-Total
453,000 207,000 1,216,600 247,500 2,043,500 4,167,600Department Total:
453,000 207,000 1,216,600 247,500 2,043,500 4,167,600GRAND TOTAL
August 16, 2021Page 8.2Produced Using the Plan-It Capital Planning SoftwareDRAFT
2022 2023 2024 2025 2026
Facilities Management Fund (F440)
Beginning Balance 1,080,050 962,950 916,950 498,450 461,950
Revenues and Other Fund Sources
Revenue
Tax Levy 105,000 140,000 165,000 190,000 240,000
G.O. Capital Improvement Bonds 0 0 600,000 0 2,000,000
ARPA Funds 200,0000000
Water Fund (F601) - transfer for portion of maint ctr costs 8,000 8,000 8,000 8,000 8,000
Water Quality Fund (F602)8,600 0 12,100 0 30,900
Sewer Fund (F604) - transfer for portion of maint ctr costs 8,000 8,000 8,000 8,000 8,000
Interest Earnings 6,300 5,000 5,000 5,000 2,000
Total Revenues and Other Fund Sources 335,900 161,000 798,100 211,000 2,288,900
Total Funds Available 1,415,950 1,123,950 1,715,050 709,450 2,750,850
Expenditures and Uses
Capital Projects & Equipment
City Hall 0 (63,500) (255,500) 0 (1,194,500)
Fire Station #1 (200,000) (15,500) (152,600) (147,500) 0
Fire Station #2 0 (55,000) (60,000) 0 (112,000)
Library & Club Prior 0 0 (317,500) 0 0
Maintenance Center - Total Cost including water & sewer (86,000) 0 (121,000) 0 (309,000)
Police Station (167,000) (73,000) (310,000) (100,000) (428,000)
Total Expenditures and Uses (453,000) (207,000) (1,216,600) (247,500) (2,043,500)
Change in Fund Balance (117,100) (46,000) (418,500) (36,500) 245,400
Ending Balance 962,950 916,950 498,450 461,950 707,350
Produced Using the Plan- It Capital Planning Software Page 8.3 August 16, 2021
City of Prior Lake, Minnesota
Capital Improvement Program
2022 thru 2026
FACILITIES MANAGEMENT FUND (F440)
SOURCES AND USES OF FUNDS
DRAFT
CITY OF PRIOR LAKE, MN
2022 to 2026 CAPITAL IMPROVEMENT PLAN
August 16, 2022
Adopted ______________, 2022
Page 8.4DRAFT
A-1
CITY OF PRIOR LAKE
2022-2026 CAPITAL IMPROVEMENT PLAN
I.INTRODUCTION
In 2003, the Minnesota State Legislature adopted a statute that generally exempts city and town
general obligation bonds issued under a capital improvement plan from the referendum
requirements usually required for city halls, public works, public safety facilities and libraries.
The statute on general obligation capital improvement plan bonds is Minnesota Statutes,
Section 475.521 (the “Act”).
On August 16, 2021, the City Council held a public hearing on the adoption of the 2022-2026
Capital Improvement Plan and the issuance of general obligation improvement bonds.
On August 16, 2021, the City Council adopted Resolution No. 16-_____ approving the 2022-
2026 Capital Improvement Plan (the “CIP”). The approved 2022-2026 Capital Improvement
Plan anticipates the issuance of general obligation bonds to finance certain facilities
improvements as described in the CIP.
In order for the City of Prior Lake (the “City”) to proceed to issue general obligation bonds,
pursuant to the Act, the City must make certain findings. These findings are included in this
document.
II.PURPOSE
Under the Act, a capital improvement is a major expenditure of City funds for the acquisition
or betterment to public lands, buildings, or other improvements used as a city hall, town hall,
library, public safety, or public works facility, which has a useful life of five years or more.
Under the Act, capital improvements do not include light rail transit or related activities, parks,
road/bridges, administrative buildings other than a city hall or town hall, or land for those
facilities. For the purposes of the Act, the CIP is a document designed to anticipate capital
improvement expenditures and schedule them over at least a five-year period so that they may
be purchased in the most efficient and cost-effective method possible. A CIP allows the
matching of expenditures with anticipated income. As potential expenditures are reviewed, the
City considers the benefits, costs, alternatives, and impact on operating expenditures.
Before issuing bonds under a CIP, the City must hold a public hearing on the CIP and the
proposed bonds and must then approve the CIP and authorize the issuance of the bonds by at
least a 3/5 majority.
If a petition signed by voters equal to at least 5 percent of the votes cast in the last general City
election requesting a vote on the issuance of bonds is received by the municipal clerk within
30 days after the public hearing, then the bonds may not be issued unless approved by the voters
at an election.
Page 8.5DRAFT
A-2
The statute has established certain criteria that must be considered for each project to be
undertaken pursuant to this CIP (the “Projects”). These criteria are:
1.Condition of the City’s existing infrastructure and projected need for repair or replacement
2.Demand for the improvement
3.Cost of the improvement
4.Availability of public resources
5. Level of overlapping debt
6.Cost/benefits of alternative uses of funds
7. Operating costs of the proposed improvements
8.Alternatives for providing services most efficiently through shared facilities with other
municipalities or local governments
The CIP is designed to be updated and modified on an annual basis. In this manner, it becomes
an ongoing fiscal planning tool that continually anticipates future capital expenditures and
funding sources.
III.PLAN SUMMARY
This CIP is intended to describe and analyze the need for the Projects in accordance with the
Act. The City may modify this CIP from year to year as authorized by the Act.
Following is a summary of estimated expenditures for the Projects, including cost of financing:
2022 Expenditures
No Projects anticipated in this CIP.
2023 Expenditures
No Projects anticipated in this CIP.
2024 Expenditures
The City intends to construct improvements to the city hall, police station, fire station #1
and public works facilities, consisting of capital maintenance, and including building and
exterior site improvements. The combined estimated cost of the improvement to these
facilities along with cost of issuance to be finance through bond proceeds is $680,000.
2025 expenditures
No Projects anticipated in this Plan.
2026 Expenditures
Page 8.6DRAFT
A-3
The City intends to construct improvements to the city hall, police station, fire station #2
and public works facilities, consisting of capital maintenance, and including building and
exterior site improvements. The combined estimated cost of the improvement to these
facilities along with cost of issuance to be finance through bond proceeds is $2,265,000.
Analysis
The City has analyzed the eight points required by the Act for the Projects on an individual
basis and as a whole. The findings are as follows:
1. Conditions of City Infrastructure, Including the Projected Need for Repair or
Replacement and Need for the Project
The existing roof of the maintenance facility and police station is in need of structural repair in
order to maintain the facility. Other improvements to City public safety, public works, and city
hall facilities in future years are for capital maintenance and repair of existing facilities.
2.Likely Demand for the Project
The City’s basic government service operations, including administration, police, fire, and
public works operations are housed in the facilities that are in need of capital maintenance and
repair.
3. Estimated Cost of the Project
The estimated cost, including architectural/engineering, contingency, legal and bonding, of the
Project is set forth in Appendix A.
4. Available Public Resources
The City does not have sufficient cash reserves on hand to finance the improvement of the city
hall and public works and public safety facilities without issuing bonds. The City plans to use
the bond proceeds to reimburse the City for the Projects.
Page 8.7DRAFT
A-4
5. Level of Overlapping Debt in the City
As of June 2, 2021, the level of overlapping debt in the City is provided in the table below:
Issuer
2020/2021
Tax
Capacity
Value(1)
2020/2021
Tax
Capacity
Value
in City(1)
Percentage
Applicable
in City
Estimated
Outstanding
General
Obligation
Debt
Taxpayers’
Share
of Debt
Scott County $ 232,667,102 $ 45,055,487 19.36% $108,610,000(2) $ 21,026,896
ISD No. 719 (Prior
Lake – Savage) 73,458,529 43,313,126 58.96 174,434,049 102,846,315
ISD No. 720
(Shakopee) 71,899,365 1,742,361 2.42 161,879,567 3,917,486
Metropolitan Council 4,576,186,304 45,055,487 .98 8,800,000(3) 86,240
Metro Transit 3,662,962,426 45,055,487 1.23 217,685,000(4) 2,677,525
Prior Lake/Spring Lake
Watershed District 51,530,536 36,893,707 71.60 0 0
Total Indirect Debt: $130,554,462
(1)Tax Capacity Value is after tax increment deduction and fiscal disparity adjustments. The values for Metropolitan Council
and Metro Transit are for 2019/2020; the 2020/2021 values are not yet available.
(2) $42,485,000 of general obligation debt has been excluded as it is payable from revenues.
(3)Metropolitan Council has $8,800,000 of general obligation debt outstanding as of December 31, 2020. This debt is payable
from ad valorem taxes levied on all taxable property within the Metropolitan Taxing District. This amount excludes
$1,279,945,062 of general obligation debt payable from wastewater and sewer revenues, and lease agreements.
(4)Metropolitan Transit has $217,685,000 of property tax supported general obligation debt outstanding as of December 31,
2020. Transit debt is issued by the Metropolitan Council for public transit operations and is payable from ad valorem taxes
levied on all taxable property within the Metropolitan Transit District.
Page 8.8DRAFT
A-5
6. Relative Benefits and Costs of Alternative Uses of the Funds
The proposed Projects could potentially be financed through the issuance of lease-revenue
bonds. However, both costs of issuance and overall debt service payments would be
significantly higher, since lease-revenue bonds are not general obligation debt and are therefore
not as attractive to potential purchasers. The issuance of general obligation capital
improvement plan bonds represents the most cost-efficient way to finance the proposed
Projects.
7. Operating Costs of the Proposed Project
Operating costs are not expected to be impacted to any significant degree with the proposed
improvements. Repair and maintenance costs may decrease due to the roof replacement.
8. Alternatives for Providing Services Most Efficiently Through Shared Facilities with
Other Municipalities or Local Government Units
The proposed capital improvements are being made to maximize effective, cost-effective City
facilities, and as such, there would be no greater efficiency achieved through constructing
shared facilities with other local government units.
IV.FINANCING THE CAPITAL IMPROVEMENT PLAN
The total amount of requested expenditures under the CIP is expected not to exceed $2,945,000,
including estimated cost of issuance of bonds. These expenditures are to be funded by the sale
of the City’s general obligation capital improvement plan bonds not to exceed $2,945,000.
In the financing of the CIP, two statutory limitations apply. Under Minnesota Statutes, Chapter
475, as amended, with few exceptions, a municipality cannot incur debt in excess of 3% of the
assessor’s Estimated Market Value (“EMV”) for the municipality. In the case of a municipality
with a population of 2,500 or less, the bonds are not subject to the net debt limits. The City’s
2020 population was 28,000. Therefore, the proposed general obligation capital improvement
plan bonds to be issued in the years 2022 through 2026 would be subject to the debt limit.
Another limitation on bonding under the Act is that without referendum, the total amount that
can be used for principal and interest in any one year for CIP debt cannot exceed 0.16% of the
EMV for the City. The City has portions of four outstanding series of bonds, its General
Obligation Bonds, Series 2017A (the “Series 2017A Bonds”), General Obligation Bonds,
Series 2018A (the “Series 2018A Bonds”), General Obligation Bonds, Series 2021A (the
“Series 2021A Bonds”) and General Obligation Bonds, Series 2021B (the “Series 2021B
Bonds” and together with the Series 2017A Bonds, the Series 2018A Bonds, and the Series
2021A Bonds, the “Outstanding CIP Bonds”, issued under the Act. The maximum amount of
principal and interest due in any year on the Outstanding CIP Bonds, combined, is
$1,116,387.50. In payable year 2021, the City’s EMV was $4,190,057,200. Therefore, the
total amount available to be used to pay principal and interest on any new bonds issued under
this Plan is $6,704,091 per year ($4,190,057,200 x 0.16% = $6,704,091, which is greater than
the maximum amount of principal and interest due in any year on the Outstanding CIP Bonds.).
Under this CIP the City may issue up to $2,945,000 in general obligation capital improvement
plan bonds in the years 2022 through 2026 to finance the Projects. If the City were to issue
general obligation capital improvement bonds in the maximum principal amount of $2,945,000
Page 8.9DRAFT
A-6
for the Projects, the bond issue would be repaid over a period not to exceed thirty (30) years
pursuant to the Act.
Expected debt service on the proposed bonds for the Projects is within the statutory limits.
Annual Review of the Capital Improvement Plan
The City Council, using the process outlined in this CIP, plans to review this CIP annually,
considering proposed expenditures, making priority decisions, and seeking funding for those
expenditures it deems necessary for the City. If deemed appropriate, the City Council will
prepare an update to this CIP.
(The remainder of this page is intentionally blank)
Page 8.10DRAFT
City of Prior Lake, Minnesota
Capital Improvement Program
2022 thru 2026
I.T. TECHNOLOGY PLAN
PROJECTS BY DEPARTMENT AND CATEGORY
Total20222023202420252026
Department
Category
Cable
Equipment: Audio/Visual
11,650 11,650Tightrope FlexLite 340 - Control Room COMM-001
12,400 12,400Webstreaming - Control Room COMM-002
52,400 52,400Chambers Presentation - Chambers COMM-003
24,050 52,400 76,450Sub-Total
24,050 52,400 76,450Department Total:
Technology
I.T.- General Equipment
36,000 36,000Poll Pads - qty 28 ELEC-001
18,000 18,000Tabulators - qty 2 ELEC-002
5,500 5,500Epson Projector - Parkview TECH-EQ-002
10,600 10,600Ricoh MP C4503 - CD/Eng TECH-EQ-003
6,000 6,000NVR Milestone Husky M20 TECH-EQ-004
10,600 10,600Ricoh MP C4504 - Admin TECH-EQ-005
9,000 9,000Ricoh MP C3003 - PW TECH-EQ-006
9,500 9,500Ricoh MP C3504 - Police TECH-EQ-007
6,000 6,000Ricoh MP C2504 TECH-EQ-008
9,000 9,000HP DesignJet T1500 - CD/Eng TECH-EQ-009
18,000 18,000Ricoh W3601 Copier - CD/Eng TECH-EQ-010
79,600 32,500 20,100 6,000 138,200Sub-Total
I.T.- Network Infrastructure
12,000 12,000Network Switch TECH-NW-005
15,000 15,000HP Proliant DL380 ESX01 TECH-NW-006
15,000 15,000HP Proliant DL380 ESX02 TECH-NW-007
36,000 36,000Dell SAN TECH-NW-008
12,000 66,000 78,000Sub-Total
79,600 44,500 20,100 72,000 216,200Department Total:
Utility: Sewer Fund
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
12,500 12,500Sub-Total
8,700 22,500 31,200Department Total:
Utility: Water Fund
August 16, 2021Page 9.1Produced Using the Plan-It Capital Planning SoftwareDRAFT
Total20222023202420252026
Department
Category
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
12,500 12,500Sub-Total
9,000 14,000 23,000Department Total:
17,700 79,600 44,500 80,650 124,400 346,850GRAND TOTAL
August 16, 2021Page 9.2Produced Using the Plan-It Capital Planning SoftwareDRAFT
Table 10
Water Fund
Projected Year End Cash Balance
2022 2023 2024 2025 2026
Use of Cash:
Operations & Maintenance 2,285,681 2,344,089 2,399,445 2,455,852 2,513,684
Capital Improvement Projects 856,000 866,700 970,500 1,031,500 1,010,500
Interfund Transfer 334,750 341,290 312,776 408,664 253,361
Debt Service 747,525 779,100 784,300 789,000 791,950
Total Use of Cash 4,223,956 4,331,179 4,467,021 4,685,017 4,569,495
Source of Cash:
Water Charges 4,682,704 4,803,476 4,926,849 5,048,868 5,173,471
Other Revenues 159,600 163,920 166,882 173,099 178,418
Bond Proceeds - - - - -
Total Source of Cash 4,842,304 4,967,396 5,093,731 5,221,967 5,351,889
Net Change in Other Assets and Liabilities 25,000 (340,000) (5,000) (5,000) (5,000)
Beginning Cash Balance 5,248,614 5,891,962 6,188,179 6,809,889 7,341,839
Change in Cash Balance 643,348 296,217 621,710 531,950 777,394
Ending Cash 5,891,962 6,188,179 6,809,889 7,341,839 8,119,233
Ending Cash by Purpose:
For future capital improvements 3,579,842 3,752,072 4,302,671 4,815,948 5,237,147
For following year pay-go capital 866,700 970,500 1,031,500 1,010,500 1,383,000
For 3-months of operating cash 666,320 681,307 686,718 723,442 697,386
For following year debt service 779,100 784,300 789,000 791,950 801,700
Ending Cash 5,891,962 6,188,179 6,809,889 7,341,839 8,119,233
Note: Cash balances include cash and investments.
Projected
Page 10.1DRAFT
Table 13
Sanitary Sewer Fund
Projected Year End Cash Balance
2022 2023 2024 2025 2026
Use of Cash:
Operations & Maintenance 1,248,363 1,273,330 1,298,797 1,324,773 1,351,268
MCES Fees 1,824,688 1,961,408 2,104,667 2,256,048 2,418,017
Capital Improvement Projects 1,019,200 885,500 1,114,500 1,267,000 1,200,030
Interfund Transfer 334,750 341,290 312,776 408,664 253,361
Debt Service 169,850 169,850 169,650 164,250 162,500
Total Use of Cash 4,596,851 4,631,378 5,000,390 5,420,735 5,385,176
Source of Cash:
Wastewater Collection Revenue 5,158,335 5,397,932 5,650,260 5,911,031 6,185,732
Other Revenues 39,800 54,645 63,165 70,961 76,948
Bond Proceeds - - - - -
Total Source of Cash 5,198,135 5,452,577 5,713,424 5,981,992 6,262,680
Net Change in Other Assets and Liabilities (10,000) (10,000) 25,000 (5,000) (5,000)
Beginning Cash Balance 2,833,193 3,424,477 4,235,676 4,973,710 5,529,967
Change in Cash Balance 591,284 811,199 738,035 556,257 872,504
Ending Cash Balance 3,424,477 4,235,676 4,973,710 5,529,967 6,402,471
Ending Cash by Purpose:
For future capital improvements 1,517,177 2,057,519 2,613,400 3,170,066 4,047,250
For following year pay-go capital 885,500 1,114,500 1,267,000 1,200,030 1,184,060
For 3-months of operating cash 851,950 894,007 929,060 997,371 1,005,662
For following year debt service 169,850 169,650 164,250 162,500 165,500
Ending Cash 3,424,477 4,235,676 4,973,710 5,529,967 6,402,471
Note: Cash balances include cash and investments.
Projected
Page 10.2DRAFT
Table 13
Storm Water Quality Fund
Projected Year End Cash Balance
2022 2023 2024 2025 2026
Use of Cash:
Operations & Maintenance 686,188 699,912 713,910 728,188 742,752
Capital Improvement Projects 497,000 380,000 563,000 480,000 495,000
Interfund Transfer 118,600 113,300 128,799 213,450 154,706
Debt Service - - - - -
Total Use of Cash 1,301,788 1,193,212 1,405,709 1,421,638 1,392,458
Source of Cash:
Charges for service 1,193,920 1,219,704 1,245,873 1,271,399 1,297,310
Other Revenues 18,500 21,066 21,623 20,324 19,110
Bond Proceeds - - - - -
Total Source of Cash 1,212,420 1,240,770 1,267,497 1,291,723 1,316,421
Net Change in Other Assets and Liabil - - - - -
Beginning Cash Balance 1,787,983 1,698,615 1,746,173 1,607,961 1,478,046
Change in Cash Balance (89,368) 47,558 (138,212) (129,915) (76,037)
Ending Cash Balance 1,698,615 1,746,173 1,607,961 1,478,046 1,402,009
Ending Cash by Purpose:
For future capital improvements 1,117,418 979,870 917,284 747,637 874,644
For following year pay-go capital 380,000 563,000 480,000 495,000 303,000
For 3-months of operating cash 201,197 203,303 210,677 235,410 224,364
Ending Cash 1,698,615 1,746,173 1,607,961 1,478,046 1,402,009
Note: Cash balances include cash and investments.
Projected
Page 10.3DRAFT
Page 1 of 4
DEBT ANALYSIS AND TAX IMPACT
In reviewing the 2022-2026 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 12/31/2020, the City of Prior Lake had $36,573,796 in debt. The following chart reflects the type
of debt that comprised the $36M:
The 2022-2026 CIP includes projects that are planned to be 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 $21,960,000 in bonding for projects in the Pavement
Management Plan for 2022-2026, and the following major facility repairs, equipment replacement and
water/sewer plan capital projects by year:
Year
Major
Facility
Repairs
Equipment
Replacements
2022 -
2023 - -
2024 600,000* -
2025 - -
2026 2,000,000 -
*This is the facilities plan funding need. The city’s financial model reflects levy in advance of
approximately $375,000 to reduce this bonding need in 2024. The levy in advance will be evaluated as
part of the annual budget cycle.
Debt Type Amount as of
December 31, 2020 Purpose
G.O. Special Assessments 13,655,000 Street Improvement Projects
G.O. TIF Bonds 110,000 Tax Increment Project
G.O. Bonds (MV)2,660,000 Referendum Project (Fire Station #2)
G.O. Bonds 3,390,000 Street Reconstruction Projects
G.O. Bonds 670,000 Public Works Building and CIP
Projects
G.O. Bonds 845,000 Equipment
G.O. Revenue Bonds 8,035,000
Maintenance Facility, Water
Treatment Facility & Utility
Replacement Projects
G.O. Capital Improvement
Bonds 5,925,000 City Hall & Police Station
Energy Lease Loan Payable
(GESP)1,283,796 Guaranteed Energy Savings Program
Projects
Total 36,573,796DRAFT
Page 2 of 4
The equipment replacements are as follows:
The 2024 major facility expenditures are for City Hall and Police Station membrane roofing and a new
parking lot at the Library/Club Prior.
The 2026 major facility expenditures are for City Hall and Police Station HVAC, and Fire Station # 2
membrane roofing,
There are two street projects scheduled for 2022 which includes a property tax levy (payable 2023) as
listed below:
Project Description Project Levy
Downtown South Reconstruction $1,100,000
Fish Point Road Phase II $50,000
Summary of Projected Debt Balances
The following tables reflect all bonding requirements referenced in the CIP, Transportation Plan,
Facilities Management Plan, and Equipment Replacement 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 3 of 4
Bond Repayment through Debt Service Tax Levy:
The impact of the 2022-2026 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. The
debt service increased for 2022 due to the 2021 bonding for the fire pumper replacement. Based on the
proposed projects in the CIP, the debt service for 2023 and 2024 are planned to decrease as compared to
the prior year. As modeled, the debt service for 2025 and 2026 are planned to increase due to the 2024
bonding for major facility repairs at City Hall and the Police Station.
2021 debt refunding - debt levy savings:
The City refunded several debt issues in 2021 (2011B, 2012A and 2014A) as part of the planned 2021
bond issuance. By including the refunding with the “new money” 2021 bonding, the City will not incur
separate bond issuance costs. The total refunding debt service savings was $796,350. The planned
refunding resulted in an average annual debt service savings (reduction) in the debt levy of $86,926.
2022 2023 2024 2025 2026
Debt:
Change in Debt Levy 119,597 (29,511) (124,838) 266,870 260,732
Projected Change in Debt Levy2022-2026 CIP
DRAFT
Page 4 of 4
The debt service for 2021 is already established.
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 2022-2026, 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 2022-2026 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.
2021 2022 2023 2024 2025 2026
Debt Service 3,559,770 3,679,366 3,649,856 3,525,017 3,791,888 4,052,620
2022-2026 CIP
Projected Debt Levy
2022 2023 2024 2025 2026
Wa ter 747,525 779,100 784,300 789,000 791,950
Sewer 169,850 169,850 169,650 164,250 162,500
2022-2026 CIP
Tax Levies:
Projected Debt Service (funded by Utility Fund Revenues)
2022 2023 2024 2025 2026
Equipment
Revolving Fund
700,000 750,000 800,000 850,000 900,000
Revolving Park
Equip Fund
405,000 440,000 485,000 535,000 595,000
Facilities
Management Fund
105,000 140,000 165,000 190,000 240,000
PIR Fund - - - - -
Debt Service 3,679,366 3,649,856 3,525,017 3,791,888 4,052,620
Total CIP Tax Levies 4,889,366 4,979,856 4,975,017 5,366,888 5,787,620
2022-2026 CIP
Tax Levies:
Projected CIP Tax LevyDRAFT