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HomeMy WebLinkAbout8 - Capital Improvement Program Draft DRAFT DRAFT City of Prior Lake 1990-1994 CAPITAL IMPROVEMENT PROGRAM Submitted to City Council June 18, 1990 First Draft: June 18, 1990 ~ TABLE o F CONTENTS I. Introductory Letter II. Table of Contents III. Physical Development criteria IV. Fiscal Guideline Criteria Paqe 1 V. Discussion of 1990-1994 Capital Improvement Program VI. Capital Improvement Budget A. 1990 B. 1991-1994 2 3 5 13 17 VII. Program Maps A. 1990 CIP Program Map B. 1991-1994 Program Maps VIII. Calender of Construction and Financial Events for Capital Improvements 22 27 IX. Construction Schedule (1990) X. Financing Schedule (1990) 27 28 2 PHYSICAL DEVELOPMENT CRITERIA Perhaps one of the most important purposes of planning is to anticipate the needs of people and provide a sensible and meaningful improvement program to meet those needs. It requires an understanding of the community, its direction and the forces of change. Another way to look at capital planning is that it implements the comprehensive plan. Over the past five ~earsl Prior Lake's growth has been primarily single family res1dent ale Industrial and commercial growth has been very slow and will continue to be a small percentage of Prior Lake's yearly added valuation unless the community and its leaders make purposeful decisions to seek this form of growth. The following factors will contribute and influence growth and community needs for the next five years. At this time single family construction will continue to dominate Prior Lake's building activity. The state of the economy has been and will continue to be the principal ingredient that determines the number of housing starts in Prior Lake. Prior Lake residents will continue to depend upon outside employment and lengthy commutes to work. Prior Lake must acknowledge its decentralized growth pattern and deve1o~ its community identity through investments that 1dentify special places, cohesiveness and community pride. 6.) The demand for more and better public roads will increase in northern Scott County. 1.) 2. ) 3. ) 4. ) 5. ) 7. ) Regional access will be the single most important factor contributing to Prior Lake's growth. The timing and construction of the Bloomington Ferry Bridge will have a significant impact on the growth level of Prior Lake. Anticipated completion date for the bridge currently is estimated to be in 1993. Growth emphasis ma~ be shifting to a concentration on commercial and 1ndustrial expansion. Earl~ si<1ns of this include: increased public sens1tiv1ty toward residential domination of property tax burden; more and more requests for business expansion and relocation; and a City Council and Economic Development Committee endorsed proposal for a business/office park location study. Action on this study will be forthcoming during the summer and fall of 1990. The degree of importance the City Council places on annexation and expansion of its existing municipal boundaries. The ultimate goal of the CIP is to implement the co~unity's long range planning efforts. It is therefore important that the 3 community has a clear and concise direction in order to obtain optimal benetit trom property tax expenditures. The most efficient use of the tax dollar is sequential imple.entation of a cohesive and acceptable plan. In the past years, Prior Lake's capital improvements have been primarily expansion of basic services which resulted in a larger urban area and an increased maintenance responsibility for the capital plant. The Council has increasingly turned its attention to redevelopment and economic development in the downtown area. This emphasis has been reinforced by the downtown street reconstruction project and several key road extensions, including County Road 21. The north shore area of Prior Lake will accommodate the brunt of the residential growth in the next five years. The development of this area will be initiated by the private sector but City investment to facilitate development will be important and an ongoing variable to the level of growth realized. The major emphasis of the 1990 CIP is road and park im~rovements. The recently adopted downtown circulation ~lan p01nted out a number of deficiencies in the road system. The 1mprovements will relieve Hi<Jhway 13 of some local traffic and at the same time improve veh1cular access to the business community. Prior Lake's park system has seen very few ca~ital investment dollars in the past few years. The park system 1S in need of capital improvement upgrading to keep pace with a growing population and its community needs. 4 FISCAL GUIDELINE CRITERIA A Capital Improvement Program is a commitment of public expenditures to improve the physical plant or services within a community which require long term investments that are generally viewed as five years or more in duration. Traditionally, the objective of a CIP is two tiered: to enhance the quality ot lite and to advocate services that promote the health, welfare and safety of the community. It has become increasingly difficult to support that first tier of quality. Prior Lake's resource base has been stressed by a number of occurences. Levels of intergovernmental revenue had been reduced dramatically over the past three years. This significant loss of funding was the direct result of; the elimination of the Federal Revenue Sharing program in 1987; and the phase out of the 15% Road and Bridge tax aid allocation from Scott County in 1988. The year 1989 experienced a relative upheaval in propertf tax structure changes. The consequences of this legislat1ve action has resulted in a state aid reduction in 1990. A marginal offset has been substituted in the form of an increased levy limit base but the elimination of restrictive levy limits has been rescinded. In a positive light the City and the Sioux community have recently concluded negotiations on a mutually satisfactory ~ayment in lieu of taxes agreement in exchange for essential C1ty provided services such as police and fire protection. Because of this revenue erosion, the development of a Capital Maintenance Program to preserve that second tier of community consideration has become ~reva1ent out of necessity. This transition is evident by rev1ewing key financial elements. Economic Vitality A historical perspectiv~ of where Prior Lake's growth has occurred in the past 1S necessary to determine where we are heading in the future. Of equal importance is to identify those factors that shape and influence the development and character of our community. The economic vitality of Prior Lake is showing increasin<1 indication of moderating growth. The number and value of build1ng }?ermits were depressed significantly earlier in this decade primar11y because; 1. Population mobility had been restricted by rising energy costs which placed popUlation very near its employment base. 2. High mortgage rates constrained the money supply, thus preventing the entrance of home buyers as well as curtailing building activity due to lack of financing. 3. Inflation further reduced the affordabilitf of homes, reducing the disposable income, and pr~cing prospective buyers out of the market. These factors caused a pent-up demand which was diffused somewhat in the mid-eighties by sliding interest rates as evidenced by the record 200 single family building permits in 1983. Upon 5 hitting 21.5' in December of 1980, the prime rate dropped 14 percentaqe points to a low of 7.5' in August of 1986. Since that point in time, the prime lending rate has eased back up to 10.0'. The direction of interest rates have significantly stabilized since the recent election of the current federal administration. Until this administration establishes a new course of direction short term interest rates are not expected to drift much from their present course. Indications are that the roller coaster trend seems to have been displaced by less radical cycle movements of the economy. This model of stability would seem to be supported by at least one element, that being building permit activity which has revealed a very consistent measure of performance over the past four years as 146 permits were issued in 1985, 152 for the year of 1986 and 150 in 1987 which represents a variance of only a few of permits. This construction level of single family starts is expected to recede a bit as indicated by the 125 single family permits at year end of 1988 and the continued moderation to a similar count of 116 in 1989. This falloff is attributed to less demand from the first time home buyer, a slightly higher interest rate climate and a smaller inventory of develo~ed lots within Prior Lake. These factors tend to negatively 1mpact local development as choice and selectivity is diminished which are two very important considerations to the individual shopping for a lot. The placement of sewer and water utilities along the North Shore is expected to concentrate residential development activity in this geographic location. Guarded optimism should be observed as it relates to any aggressive plans for development, prior to the erection of the new river bridge. Until then growth will be controlled within the existing urban service area as no large utility projects are anticipated within the foreseeable future with the exception of the proposed "Green Briar PUD" which will encompass almost 150 acres and some 280 lots. Figures I and II plot the single family building permit and equivalent population growth in relative comparison. Figure I citf of Prior Lake BU1lding Permit 300 275 250 225 200 175 150 125 100 75 50 25 11000 10750 10500 10250 10000 9750 9500 9250 9000 8750 8500 8250 146 __ _ _ .... _ 150 ..-- -.... 142 152 ............._ 116 125 .. '84 '85 '86 '87 '88 '89 6 Figure II City of Prior Lake population Chart ........11,100 ... .../10,640 ... ...'10,300 ... ~926* ... ... ./ 9500 , " "'9000 '84 '85 '86 '87 '88 '89 * special Census Another deterainant of econoaic vitality i. growth and value of business license. and enterpri.e receipt.. Becau.. the tax ba.. ot Prior Lake is basically comprised by lts "homesteaders", the scope of a CIP in terms of financial resource. i. heavily dependent upon a steady rate of growth. Non-tax revenue., excluding Enterprise Fund receipts, have grown at an annual rate of 7' over the past three budget cycles and i. expected to be somewhat less than this level in forthcoming years. This leads us into the next level of analysis. Financial Independence - Flexibility Revenue sources to support capital programming in the past originated from these four levels: 1. state and Federal Aid 2. Utilization of General Revenue 3. General Obligation Bonds 4. Tax Increment Financin<J 5. Special Assessment Lev1es The flexibility to use these methods in their proper mix no longer exists. Prior Lake, in the past years, capitalized on utilizing matching funds to leverage against federal and state dollars to implement its park development and aC9Uisition portion of the CIP. Federal dollars, likewise, were 1ncorporated into sewer and water projects to minimize impact upon debt capacity. Grant-in-aid programs, since the federal policies of the 80's, have become virtually extinct. The future of this financin9 tool remains in doubt at best. Worse, the cutbacks and freezing of local government aid will prevent the utilization of general revenues on capital programming and place greater reliance on these funds to support operational expenditures. A proposed shift of the property tax burden from the state to the local level at this point in time is inevitable. Over the past years, the disparity between the predominant inflation rate and levy limitation has placed greater and greater dependence upon the property tax and closing the gap between the maximum levy allowed, and the actual city levy. By the state shifting greater tax res~onsibility to the local level as well as further restrict1ng the Citr's ability to tax, it then becomes virtually impractical for cit1es to fund large dollar pro1ects from current <1eneral revenues. Prior Lake's constr1cting financial 1ndependence and flexibility reduction is depicted by the following_trends. Figure II City of Prior Lake Tax Levy Analysis 1986 1987 1988 1989 1990 Actual Levy 1,179,335.00 1,318,168.00 1,457,620.00 1,523,005.00 1,890,130.00 Levr Lim1tation Percent Year 1,186,836.00 1,318,253.00 1,585,162.00 1,523,046.00 1,917,919.00 99' 100' 92\ 100\ 99\ 7 Fiqure III City ot Prior Lake Tax Levy Analysis 1986 1987 1988 1989 1990 Total ~ 1,675,865.00 1,983,860.00 2,105,665.00 2,070,525.00 2,511,025.00 Operatinq Budget 3,112,910.00 3,385,495.00 3,694,200.00 3,869,265.00 4,281,550.00 Percent Year 54' 59' 57' 54' 59' The first table reveals the levy limitation converging upon the maximum ceiling limit, whereby the second chart parallels the total tax levy as becoming an increasing proportion of the operating budget. Both exert downward pressure upon financial independence. The third alternative of financing constitutes the issuance of general obligation bonds. The debt levy of general obligation bonds up until present, has been treated as a special levy, thus exempt from levy limitation. This has allowed cities to defer prohibitive acquisitions and equipment costs such as municipal buildings, ~ark land, fire fighting and public works equipment over a per10d of years. The City has not issued a general obligation bond for capital expenditures since 1984. The only practical avenue of capital financing left open to cities falls upon issuin<1 bonds that must be s~ecially assessed. A community's ability to 1ssue municipal bonds 1S determined by several interrelated factors. The most important of these are: 1. Amount of Present Bonded Indebtedness 2. Tax Delinquency Rate 3. Growth Trends of Market and Assessed Valuation City initiated improvements have sustained a very significant growth of bonded indebtedness. Both events have been fairly relative to a population increase of nearly tenfold above the 1970 index of 1114 to an estimated 1990 population of 11,100. Annexation, population influx, and the lake }?reservation philosophy were some of the most demanding var1ables which prescribed sewer and water im~rovements. Inadequacies of our present dar system and address1nq those spin-off costs and future growth ph11osophy are now in the forefront. Figure IV graphs the historic growth of the City'S bonded indebtedness. Figure IV City of Prior Lake Baa-1 Bond Rating Bonded Indebtedness 1989 1988 1987 1986 1985 1984 1983 1982 1981 1980 15,115,000 15,285,000 16,300,000 15,360,000 12,950,000 12,410,000 11,815,000 12,590,000 12,970,000 13,910,000 8 In the past, improvement projects have been supported to a certain degree by a general levy appropriation. Developer initiated sewer and water proposals have lessened, thu. Prior Lake's bonded indebtedness has responded to the previous levels of the mid-eighties with a reSUlting City debt per capita of $2480 including overlapping debt. If stabilization of population growth is to occur, then a corresponding leveling off of debt should also be encouraged. Statutory limits (MSA 475.53) presently allows a maximum net general obligation debt of 2.00' of estimated market valuation. Prior Lake's direct G.O. net debt is 0.2%. Upon this premise, the City'S bonding capacity is not jeopardized. Prior Lake's current market valuation of $353,259,200 would generate a maximum bonding capacity of an additional $6.2 million dollars considering previously committed dollars. Due to its proximity to the Minneapolis-st. Paul area, the City of Prior Lake has experienced rapid population growth and residential development. Once characterized as exclusively agricultural, the City is evolving into one of the metropolitan area's more affluent residential communities. The tax base remains heavily residential, with combined commercial and industrial valuation totaling less than 5%. In a 1989 Citizens League survey, Prior Lake's aggregate commercial and industrial valuation per capita ranked lowest of the 97 cities in the Twin Cities Metro area. As a direct result of rapid growth and the accompanying capital needs, debt burden remains high. However, debt should remain manageable, due to expected tax base growth, rapid amortization and the special assessment nature of the major portion of city debt. * A market value analysis below of the tax base distribution indicates the disparity of Prior Lake's residential versus commercial and industrial composition. Also it points out the need for planned economic development. *Moody's Municipal Analysis Tax Base Figure V City of Prior Lake Tax Base Composition Market Valuation Composite Percentage Industrial Public Utility Personal Property Agriculture Commercial Residential 290,400.00 609,400.00 3,596,400.00 11,174,300.00 16,882,400.00 320,706,300.00 0.1% 0.2' 1.2% 3.1' 4.7' 90.7' As indicated market valuation represents a vital statistic. The commercial and industrial enterprises of Prior Lake comprise a small percentage of the tax base, consequently a consistent rate of residential construction is desirable to maintain a growing assessed valuation or a major concentration to improve the commercial/industrial tax base needs to occur. Figure VIi on the next page, outlines the historical trend property valuat on has been following in Prior Lake. 9 Figure VI City of Prior Lake Property Valuation Market Tax Capacity/ Mill Year Valuation Assess Value Rate 1990 353,259,200 6,397,500 (1) 27.27 1989 329,118,900 8,670,877 (2) 21. 48 1988 289,563,300 63,606,000 (3) 30.62 1987 269,460,000 62,067,000 30.66 1986 255,289,000 59,454,000 26.85 1985 220,868,000 52,027,000 26.40 1984 205,964,000 48,326,000 22.02 1983 176,284,000 42,033,000 21.23 1982 163,029,000 40,454,000 19.35 1981 161,184,000 38,702,000 18.75 Another very reliable economic warning si<1nal is the tax delinquency rate which would reveal any d1spro~ortionate tax burden. The first distress signal of a communitf wh1ch may be too strapped financially, would appear as a dec1in1ng rate of tax collection. It is generally held that a desirable tax collection rate is anything above 95'. Figure VII shows the experience ratio of Prior Lake. Figure VII City of Prior Lake General Tax Effort Tax Taxes Year ~ Collected Percent 1989 2,070,525 2,006,690 97' 1988 2,105,665 1,993,742 95' 1987 1,983,860 1,901,087 96' 1986 1,675,865 1,609,177 96' 1985 1,433,110 1,346,750 94' 1984 1,131,525 1,061,700 94' 1983 939,780 924,394 94' 1982 809,207 764,034 91\ 1981 745,269 713,422 96\ 1980 646,110 623,344 97\ It would be misleading to assume a declining tax collection rate, which occurred during the middle of the decade as observed above, was solely attributable to the City'S capital plant expansion. Activities of all taxing jurisdictions contribute toward the tax dollar, and a truer distribution of Prior Lake's tax dollar is illustrated by the subsequent pie chart. with the new legislative philosophy on shifting state aid to schools the distribution of the tax dollar is Changing rapidly. Because of this re-direction, the current pie chart de~icts a greater proportion of the tax payer's dollar going to c1ties and less to the schools. (1) Net Tax Capacitf Value ('90) (2) Gross Tax Capac1ty Value ('89) (3) Assessed Value ('81-'88) 10 rivure VIII City of Prior Lake Repre.entation of the 1110 Tax 'ayer" Dollar CIty 01 PrIOr ~ - 23.3 _ ScoCr County . 29. 1 _ Special Tax 0/strlCt - 4.5 _ School District #719 . 43.1 _ As incorporated in past CIP concepts, the following policy guidelines are somewhat general in nature, but specific enough to pro.ote an affordable growth rate: 1. Maximum capital plant utilization. 2. support of internally developed land in the present urban service area. 3. Encourage popUlation in specified areas. 4. Preserve and/or improve our Baa-1 bond rating. 5. Provide a equilibrium of debt between capital plant maintenance and the supportive operating budget. 6. study i.pact of C.S.A.H 21 improvement fro. Prior Lake to Interstate 35 as it relates to property development and utility expansion. . Much attention has been given to the financing opportunities at the City's disposal. Of equal importance, are the three methods of financing developer initiated improvements. They are: 1. Developer financing. 2. 100' CIty bonding 3. Short tera financing. The initial approach is the most favorable, solely in teras of bond capacity protection. So.e loss of control and quality of utility Installation could occur if option,1 were impl_ented. 11 Development curtailment is yet another concern it tinancing were not available. Alternative '2 is the least attractive solution, largely because of two factors. Excess growth of bonded indebtedness would result and overbuilding associated with rapid development expansion may result in a false market, thereby threatening the debt retirement structure of the bond issue itself. The third course of action seems to arrive at an acceptable compromise. An acceleration schedule of debt retirement and land turnover would both be accommodated by relatively short term financing of 5-10 years, while at the same time, retention of City control would be maintained. As a further control mechanism, an assessment policy has recently been established to provide measurement and standards to <1overn cost recovery of public improvements in a fair and equ1table manner. This ~olicy statement ~rescribes a variety of assessment methods, app11cations and cond1tions to guide the distribution of such project improvements. 12 DISCUSSION OF THE 1990-1994 CAPITAL IMPROVEMENT PROGRAM Capital Improvement Programs are guides for planning and financing physical improvements. In Prior Lake the Capital Improvement Program is prepared by analyzing the community's needs on a department by department basis. The process of ~reparing the Capital Improvement Program includes the 1dentification of projects in need of attention, the analysis of financial resources, and the prioritizing of dollars for projects. The highest priority projects are identified and budgeted for in the 1990 Capital Improvement Budget. The remaining projects are either budgeted for in the subsequent four years or eliminated from the project priority list. The following sections highlight by department the 1990-1994 Capital Improvement Program projects. Administrative Department CIP The Administrative CIP reflects all capital improvement expenditure budgeted for in either the City Manager's, personnel, finance, or general City property maintenance cateCIories. The Capital Im~rovement 1990 Budget reflects four proJects. The projects 1dentified are City grounds improvements, computer upgrading, postal machine and office furniShings. Maintenance items such as additional computer hardware and software have also been budgeted under the Administrative Budget for the years 1991-1994. Economic Development Department CIP The Prior Lake Economic Development De~artment has been assisted in the completion of its activit1es through the Economic Development Committee. The EDC is a City Council authorized entity which provides guidance to the City Council on policy issues and feedback to City staff on development related activities. staff and the EDC believe that the City should place a stronger emphasis on lon<1 term economic development and believe this is ha~pening via the 1ncreased leadership and participation of the C1ty Council. An excellent example of this is the City Council's approval of the Business/Office Park Location study. The study is being conducted currently. Staff recommends the City Council amend the CIP following the completion of the study, or commit to consider the conclusion of the study recommendations within the 1991 CIP. In addition to the Economic Development De~artment's plan for Industrial Development, Staff believes the C1ty Council should be addressing long range commercial development improvement. The EDC believes the City Council should invest dollars in purchasing several lots in the Downtown area in order to provide development flexibility including additional parking and open space to enhance the business climate. 13 Police De8artment CIP The 1990 ap1tal Improvement Plan is focused on two major thrust. this year. Our first concern is the protection of police personnel when they are performing high risk tasks. These tasks would include executing search warrants, arrests of despondent people or dangerous people, and the arrest of known active criminals. Our second concern is the replacement of police vehicles and emergency equipment to keep reliability up and equipment maintenance costs down. The formation of a high risk entry team is necessary in Prior Lake because of the increase in dangerous entries the police department must make in places where drugs are being used or sold. High risk entries are also used whenever there is a threat to officer safety. This past year we have executed numerous search warrants in our area, with an increasing number exposing us to the potential of high risk. Unfortunately it is a known fact that as we grow so will our police problems as crime is generally on the increase in the country. To reduce the cost of entry team equipment and training the Pr10r Lake Police Department and the Savage Police Department are jointly forming an entry team unit under our mutual aid agreement. Prior Lake will be purchasing some armament, ammunition, and other equipment in 1990 to meet basic entry team needs. Each city will make systematic selections of entry team items needed so that there are no duplicate expenditures and to maximize purchasing ~ower. It is hopeful that the entry team will be on line by m1d-summer of 1990. The department will have replaced its three marked squad cars with 1990 Chevrolet Caprices. New squads are normally purchased annually with the past year an exception due to budget restraints. New li<1hts bars will be purchased. The current light bars are approx1mately eight years old. They have become outdated and unreliable due to numerous mechanical problems. Another Motorola Syntor X 9000 radio will replace a radio purchased in a~proximately 1976. with this purchase the three marked squads w1ll be uniformly equipped. Fire De~artment CIP Future 1tems in the remaining year of this CIP include several big ticket items such as an ambulance, a 4x4 grass rig, an additional fire truck, equipment vehicle and another fire station. Detailed fire department planning and forecasting will continue to improve during the early 1990's with the increased utilization of the newly acquired computer software programs. 14 Parks , Recreation DeDartment CIP The CitI of Prior Lake's Parks and Recreation Depart.ent will be initiat ng an aggressive Capital Improvement Program beginning in 1990. The emphasis of the department will switch from an aggressive acquisition plan to a development mode that will enhance the features of the existing park system. However, a watchful1 eye will continue to monitor the acquisition of park land to insure that park land will be acquired to satisfy the Park Comprehensive Plan. Recent studies and recommendations coming from the Prior Lake 2000 Report and the Prior Lake Parks Advisory Committee have provided the major impetus for this change. The Prior Lake 2000 Report promotes the City as a recreational community that should keep under consideration a strong move to ~reserve our natural resources. In addition, the study ind1cated that while the residents are pleased with existing park facilities, there is a need for ex~ansion and improvement in certain areas. The Parks Advisory Comm1ttee has identified a trail system throughout the City as an essential need for safety purposes. By connecting our community parks with a trail system, pedestrian safety will be improved by discouraging the use of Highway 13 as a primary route. The City of Prior Lake anticipates stepping up improvements within the park system dramatically over the next three to five years. Major improvements are proposed for the community parks. with the size and the use of these community parks, improvements that are made will be considerably more costly than those of a neighborhood playground. To illustrate this point, a tennis court would not be considered for placement in a neighborhood park because of cost and the size of our nei<1hborhood parks. On the other hand, community parks have the S1ze to accommodate tennis courts which is why they are placed in those kinds of facilities. To further illustrate the need for an aggressive capital improvement program, the City of Prior Lake has acquired over 325 acres of park land in 18 different locations. Through 1990, there is not one tennis court that is owned by the City. There are six courts located at the high school that are for community use. For 1990, the Parks Advisory Committee will have, as one of its goals, a community survey completed that will provide information as to the shape that the residents of the community would like to see the park system take. Several ideas that have been discussed include development of Lakefront Park, development of a community trail system, athletic field improvements and e~ansion, and upgrading of our neighborhood parks. Capital 1mprovements actually undertaken will, to a large extent, be dependent upon outcome of the survey. This year will also find two new neighborhood parks developed, specifically Island View Park and Raspberry Ridge Park. Both of these neighborhood parks have received considerable pressure from the residents to the point that it is time improvements were undertaken. In addition, the Lions Club is entering the second year of proposal which would provide for a donation to the City for improvements to Sand Point Beach on an annual basis of $20,000 and continuing over a period of five years. 15 Future development within the park system i. identified in the budget over the years 1991-1994. Such park ameniti.. include picnic shelters, parking lot surfacing, athletic field lighting, paved and signed trail systems, new restroom facilitie., and the expansion of the Pond Athletic Complex. Acquisition of additional park land will be considered on a per development basis using the Park Dedication requirement as adopted by the city. Public Works Department CIP During the past four years, public improvement priorities have been on street improvements to residential areas, water system im~rovements, and providing municipal services for the areas with pr1vate sewer and water systems. The u~coming focus at the CIP will shift to providing more emphas1s on the overall transportation network. These areas include state, count~, and city collector systems. The City will be more provocative 1n promoting better transportation systems, both for residential and commercial use. This is in preparation for the growth that will occur as a result of the new river crossing. Previous CIP programs focused more on existing residential street improvements. The City has completed three such projects. The extent of the projects ranged from street overlays to street reconstruction. The cost to the residents in the street overlay projects were almost one-half of the amount of the last project, which was virtually completely reconstructed. This CIP will concentrate on requested by the public, systems. In 1990, the Fish Point Road - T.H. 13 intersection will have safety im~rovements to reduce the seriousness of actions at the intersect1on. The improvements include channelization and a traffic signal. projects which are more readily or needed for overall transportation CSAH 21 and T.H. 13 intersection improvements will be completed and will include the relocation of the existing signal on Main Avenue to the CSAH 21 - T.H. 13 intersection. In addition, Pleasant Avenue will be connected to T.H. 13. The parking and landscaping improvements on the north side of CSAH 21 between Hastings Avenue and T.H. 13 will also be completed. This area will have a complete new look and improve the transportation system. Tower street and Toronto Avenue will be reconstructed to provide a transportation system for the adjacent commercial properties. CSAH 17 will be regraded and paved from CSAH 12 to CSAH 42. In 1992, CSAH 17 will be extended south to connect to the intersection of T.H. 282 T.H. 13. This will provide a new north/south route on the west side of the City, thus reducing some of the traffic problems on T.H. 13. The residents for municipal private sewer new streets. on Ash Circle and Hampton street have petitioned utilities. This improvement would eliminate and water systems for those residents and include 16 CAPITAL BUDGET "1990" Department/Pro1~ f!:2j ect Cost Direct City Cost l. Administration $ $ AIS Optical Scan Election Equip. 1,980.00 1,980.00 Pitney Bowes Mailing Machine 2,300.00 2,300.00 Computer Upgrading 30,000.00 30,000.00 Remodeling/Renovation Improve. 5,000.00 5,000.00 TOTAL ADMINISTRATION 39,280.00 39,280.00 2. Police Vehicle Purchase 44,100.00 44,100.00 Accessory Equipment 7,045.00 7,045.00 TOTAL POLICE 51,145.00 51,145.00 3. Fire Standard Equipment 10,000.00 10,000.00 Fire , Rescue Bonds 38,110.00 38,110.00 TOTAL FIRE 48,110.00 48,110.00 4. Park Land Acquisition Park Bonds 37,755.00 37,755.00 Land Develo~ment 5,000.00 5,000.00 Island V1ew Park Raspbery Ridge Park 5,000.00 5,000.00 The Pond Athletic Complex 10,000.00 10,000.00 Memorial Park (grandstand) 60,000.00 10,000.00 50,000.00 (7) Machines & Equipment Equi~ Cert '87 [24%] 20,100.00 20,100.00 Fert1lizer Spreader 2,000.00 2,000.00 Slit Seeder 3,500.00 3,500.00 TOTAL PARKS 143,355.00 143,355.00 17 5. Public Works Equipment standard E~ipment 12,000.00 12,000.00 Equip Cert ficates '87 [76'] 63,650.00 63,650.00 Traffic Circulation CSAH 21fT.H. 13 (intersection) 235,000.00 235,000.00 (5) Fish pt./T.H. 13 Intersection 875,000.00 40,000.00 (4) 400,000.00 (1) 435,000.00 (6) Toronto Ave/Tower street 565,000.00 220,000.00 (1) 345,000.00 (3) CSAH 17 (reconstruction) TBD. TBD. (5) Water , Sewer Storm Sewer Projects 18,500.00 18,500.00 Municipal System Special Levies 311,000.00 311,000.00 TOTAL PUBLIC WORKS 2,080,150.00 2,080,150.00 2,362,040.00 2,362,040.00 ( 1) MSA Funds (2) Tax Levy (3) Assessed (4) Construction Fund (undesignated reserve) (5) County (6) State (7) Grant/Contribution 18 C7\PITAL IMPIOJEMENl' P!roRAM 1991-1994 DepartmentlProiect 1991 1992 1993 llH Administration Catplter Fquipnent AM Terminals (replacement) 3,300.00 3,300.00 620 Keg Disk Drive 5,000.00 Okidata 2410 (serial printer) 1,900.00 Pitney Bowes Electronic Mail Machine 2,300.00 2,300.00 Copier Upgrade 15,000.00 Accessory Fquipnent 2,500.00 2,500.00 2,500.00 2,500.00 'IDTAL AIMINISl'RATION 6,700.00 8,100.00 l7 ,500.00 lO,800.00 Econanic Developnent Town Center Acquisitions 20,000.00 20.000.00 'IDTAL EXDMJ.tIC I1VELOPMENl' -0- -0- 20,000.00 20,000.00 Pol ice Vehicle Purchase 56,000.00 45,000.00 46,000.00 47,000.00 standard Fquipnent 9,000.00 5,000.00 5,000.00 5,000.00 '101'AL roLlCE 65,000.00 50,000.00 5l,000.00 52,000.00 Fire Standard Equipnent 10,000.00 10,000.00 10,000.00 lO,OOO.OO Anbulance (Equip. Cer. '91) 65,000.00 Fquipnent Truck 80,000.00 (1) Fire Truck (1000 gallon pt.I'Iper) 225,000.00 (1) Fire station 12 1,350,000.00 (1) 4x4 Grass Rig 38,000.00 Bulk Truck (Equip. Cert. '94) 90,000.00 Fi re , le3cue Bonds ( , 84 ) 36,760.00 40,330.00 38,430.00 36.480.00 'IDTAL FIRE III ,760.00 1,665,000.00 86,430.00 136,480 .00 19 CAPITAL TMPROlEMENl' PROORAM 1991-l994 DepartmentlProiect 1991 1992 lW. llH Park Land Aoquisition Park Bonds 41,950.00 40,620.00 39,270.00 37,900.00 Land Developnent NeigtborOOod Park System lO,OOO.OO 15,000.00 MeIoorial Park (restroan facilities) l5,000.00 MeIoorial Park (shelter) 50,000.00 (1) The Pond (irrigation system) 35,000.00 (1) 30,000.00 The Pond (tennis courts) 50,000.00 (1) The Pond (maintenance shop) 75,000.00 (1) The Pond (develop 30 acres) 150,000.00 (1) The Pond (access pav ing) 180 ,000.00 (1) The Pond (1ighti~) 150,000.00 (1) Lakefront (paved trails) 75,000.00 (1) Iakefront (portable stage) 70,000.00 (8) Sand Point Beach (lot paving) 150,000 .00 (1) Sand Point Beach (play structure) 20,000.00 (8) Sand Point Beach (picnic shelter) 20,000.00 (8) Sand Point Beach (Trail System) 20,000.00 (8) Park/Picnic Shelters 100,000.00 (1) 75,000.00 (1) 50 ,000 .00 (1) Machines & Equipnent Equipnent Cert '84 [24'] 19,060.00 Standard Equipnent 10,000.00 20,000.00 Tree Chipper (Equip. Cert. '91) 10,000.00 Turf Vacuum II 10,000.00 Bobcat II 12,000.00 Pickup (3/4 T) " 15,000.00 Pickup (1 T) " 20,000.00 30,000.00 plusher II 50,000.00 Mowers 25,000.00 Tractor 35.000.00 '!UrAL PAR{ 393,010.00 470,620.00 504,270.00 387,900.00 20 O\PITAL IMPIOJD1EN1' PRX;RAM 1991-l994 DEprtmentJProiect lW. ~ ~ m! Public Works Fquipnent standard Equipnent l2,000.00 12,000.00 l2,000.00 l2,000.00 Fquipnent Certificates 'fr1 [76%] 60,360.00 Pick-up (Equip. Cert. '9l) 14,000.00 Fductor II 70,000.00 Street 81Ieeper II 85,000.00 Central Garage Facil ity 750,000.00 (2) Traffic Circulation CSAH 2l (bridge) 350,000.00 (3,6) CSAH 2l (credit river link) TBD. (7) CSAH 42 (l'Iiy l3/crest ave) 'mD. (7) Street Sealcoating l50,000.00 (3) 150,000.00 (3) Carriage Hill ~d 400,000.00 (5) 350,000.00 (5) Main Ave (utility inprovements) 555,000.00 (3,4) Duluth Ave 500 ,000 .00 (4,5) Toronto Ave 400,000.00 (4,5) CSAH l7 TBD. (7) Ridgeroont Ave 400,000.00 (3,4) N:>rthwood ~d (CSAH l2-freroont) 250,000.00 (3,4) CSAH 44 'lBD. (7) CSAH 23 - 170th street 700 ,000 .00 (4,6) Prior South (street overlay) 1,000,000.00 (3,4) Water & Sewer Telev!BeI Seal Sewer Lines 25,000.00 25,000.00 25,000.00 25,000.00 Municipal System ~ial Levies 315,000.00 318.000.00 322.000.00 3Z1.000.00 '!UrAL PUBLIC WORtS 2,036,360.00 2,005,000.00 1,509,000.00 2,064 ,000 .00 '!UrAL ANRJAL $2,612,830.00 $4,198,720.00 $2,188,200 .00 $2,671 ,180 .00 (1) G.O. Bond Referendum (Contingent upon cormunity response & support) (2) utility Fund (undesignated reserve) (3) Tax Levy (4) ~ial Assessments (5) MSA Funds (6) FAD Funds (7) CoWlty Project (8) Private Funding 21 . .-. -. ., -- I ....,........ T''''-'- 'I 'I " II j[ -, i ~..- r r .(\ , , , , \ .' i ...J> .~ .-:- ~ " i . :. ,> l '~. -r I. i I I.. .:f..-..... 'I - ;'\! .........:). "':5',"":' :~L -' ~l ..,:c'" ? \ ....\ ,,'"'. /' . t........;;/~ --;.", ,. .J" N RTH SHORE"CM,KS SEWER, _ 1- _ (- it".] I ' \ ....,j " l - I I, I" 13 - FISH POINT RD. RSECTION 1."ROVEIItE"T.- :~ I' . - . , , . .. t. , I · ~--- I',) ! v ~'T.H..~ 13,. C.S.A.H. 2' INTERSE TION I."ROVEMENTS :.-... 1,:..: ' .,: City of - PRIOR LAKE - . i _ -,.' _. ,_ J I.' I 701WER ST. - TORONTO AV. RECONSTRUCTION ,. ~lf 1 r:d I ;. - ~~ , , 'L ~_IM/IO ~ \,"f l .-: .:} -- - I. - . I / n I~~ I I I II ~ I ,< .. aan DIIRII~ wnt:lK~ ~ t p r t.-'~-1 I "'. \ ! \,' I , , r--- t ,.. ~> --- l '." .h, I -r .:. \ I . --, \':, ..'~ ". . -, - . -- .- ","" ..- , I, I. , , <(L..' : ~''v<...), - \.....\ "....,-......). . l"r'., -, I,"; :'l.i 1---; -J'~: i. , ~--- . - ---:- - -, - ' .........~ .,..,.~ , .J t4 I · i .=.... . 2 1 GRADING. '-A "'118 :,.,; 1-*' '-.. :1 II I, II f/ i ,---' City of - PRIOR LAKE ----- STREET SEALCOATIIIG ~~- -I I: ,< 1991 PUBLIC WOItKS C. I. P. rr~'~ \, , : ,~" I I I' ~:~ ~ " !~ r-- ".' , :. \ . . ,I> 0:- ~ '. ; ..- .~. ,L_u I 'l -1", ",_ "'~--"- 1- !f~'~::;;} .~........~:/ !~~. ~ ~ "', '...): ,,-.l /'- . .y'.' ............~ ~1:-;... ,. 11 J . .i l \\ '\ J_ _' . \: . \ \J I' \1' 1 , \ I . "1/ ; , . ,~,~ 1 ~. I' i:~ G~AD~N.G -- CONSTRUCTION Cit, 01 PRIOR LAKE CENTRAL GARAGE FACILITY ", . , '1',:1..', r{i~~ I ' . ~I , I .' I ,II ~u~- . -1 1_ _ '"1/ : "~ ~", I I l I,', :'l_' - r-r--~., . , ,\ . \; I '\ I ! ., / \? , I r- ~.." '0 \ , .' \ .# '~~ .,' .- --it'"'". : y~ ~ ~;"v!: ;: , ~(:' ";i'''- I 1- it-:::", ';", : I:,: I 'I" '.... CA R'tlA BE HILL""YID. El)j - ---------- \....... :; ...... \' , I ~ . ~ -.. __...1..,__ l' '_0" ... , -- j NORTH,?~:D ~;~~~ ~>, (, r-- 't II f ~ ,,-" I ' ,. . . I / , TJOt;. ,I - .... I I I / I \J :' \" \ \ A V. RECONSTRUC TION Cil, 01 PRIOR LAKE I,. I I, STREET SEALCOA TINS I" i I . I : II , , r 1 :~JIl II ~.~...~ _I V;". 1993 PUBLIC WORKS C. I. P. r IT~<1 I I ' ~,. : 't . I J' I ' ". . , - 1 'c,' :-.-,- I -, "'Y.:":'. I '.., ':. ,',#0 .-:.-' ~ "._ : ~4' : ~'vlc~')' - \...otJ. /""'.....), , ~<, . , . "y -: - L ,-;.{-- I.--~I~ . ~~ ~_ ..........J >... :-[ II il c.f,eH. 23 1. ,17 H / '->. - - . \ I ' i...-' '---- 1- :r~'--"" ;,i..~_r:j ... .f"11 L ~u'- \.... . , S..>..j :i, I I, / ) J_ _ .. I . I \ ~' ( I \ - - -i ! ' -"1/ 7 .___ I _.__.. ~ , ,-. > I ;. I J {; , - . Cill' of _ 1M' PRIOR LAKE STREET o VERLA Y/RECONSTRUCT'ON ~ ~n- -1 ,< 1994 PUBLIC WdRKS C. I. P. CALENDAR OF CONSTRUCTION AND FINANCIAL EVENTS FOR CAPITAL IMPROVEMENTS The importance of keeping close tabs over the city's capital investment program is readily apparent. OVer the past ten years the City of Prior Lake has invested large sums of money in its capital plant. In most instances, the City had prior agreements such as the orderly annexation area and strings of development adjacent to the lake. . Private developers will now carry the bulk of initiating urban service requests. Therefore, an orderly construction and financing schedule is developed to effectively measure the impact of the projects against the City's absorption capabilities. For those projects involving trunk expenditures by the City as in the case of oversizing a line to serve a specific development as well as }?roviding adequate capacity for future expansion, a firm comm1tment in the form of a developers' agreement must be obtained no later than October 1st for succeeding year improvements so that financing may be consolidated into a single bond issuance to avoid duplicate and costly administrative expenses. If a City project involving condemnation is authorized by the council, an additional lead time of 6 months is necessary to accommodate the lengthy time sequence between the Commissioner's hearings and actual date of awards. It must be emphasized that to analyze the fiscal impact upon the City's operating budget this time table must be adhered to. CONSTRUCTION SCHEDULE 1991 October 1 1990 Review with council October 1 1990 Council Authorizing Feasibility Study January 7 1991 Engineers Re~ort to Manager January 7 1991 Council rece1ves Engineer's Report and orders public hearing January 9 1991 Send Hearing Notice to Press January 9 1991 Publish Legal Notice January 18 1991 Mail Notices of Hearing February 19 1991 Hearing February 19 1991 Order Improvement and Preparation of Plans and specifications February 19 1991 Resolution Authorizing Easement Procedures April 1 1991 Approve Plans and specifications Advertise for Bids April 1 1991 Advertise in Construction Bulletin April 3 1991 Publish in construction Bulletin April 3 1991 Send to Prior Lake American May 6 1991 Open Bids May 6 1991 Award Bids 27 f' April May May May May May May June 1, 1991 6, 1991 6, 1991 6, 1991 8, 1991 13, 1991 20, 1991 10, 1991 FINANCING SCHEDULE 1991 Consultant Prepare Prospectus Resolution from Bond Consultant Determine Amount of Bond Issue Council Authorize Bond Sale Notify Legal Paper Published Notice of Bond Sale Published Notice of Bond Sale Bond Closing , Proceeds to City 28