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HomeMy WebLinkAbout2013-12-18 PACKET 04.H.REQUEST OF CITY COUNCIL ACTION COUNCIL AGENDA MEETING ITEM # � DATE 12/18/13 . • PREPARED BY Finance Robin Roland ORIGINATING DEPARTMENT DEPARTMENT HEAD *********�***************�**�**�*���*�********** --------- ACTION REQIJEST Consider Adoption 2014-2018 Capital Improvement Plan and a resolution adopting an amendment to the Comprehensive Plan 2030 to incorporate the CIP. STAFF RECOMMENDATION Adopt the 2014-2018 Capital Improvement Plan. Adopt an amendment to the Comprehensive Plan 2030 to incorporate the CIP. BUDGET IMPLICATION BUDGETED AMOUNT ADVISORY COMMISSION ACTION � PLANNING ❑ PUBLIC SAFETY ❑ PUBLIC WORKS ❑ PARKS AND RECREATION ❑ HUMAN SERVICES/RIGHTS ❑ ECONOMIC DEV. AUTHORITY ❑ SUPPORTING DOCUMENTS DATE 11/28/13 REVIEWED � ❑ ❑ ❑ ❑ ❑ ❑ ACTUAL AMOUNT APPROVED � ❑ ❑ ❑ ❑ ❑ ❑ � MEMO/LETTER: � RESOLUTION: ❑ ORDINANCE: ❑ ENGINEERING RECOMMENDATION: ❑ LEGAL RECOMMENDATION: � OTHER: 2014-2018 CIP ADMINISTRATORS COMMEN � ,�' - � City Administrator DENIED ❑ ❑ ❑ ❑ ❑ ❑ ❑ J Date *******��************************�**�*��******** H:\Council items\council-action.doc Cottage � Grove � Pride and PrOSPerity Meet To: Mayor and City Council Members Ryan Schroeder, City Administrator From: R Roland, Fi na n c e Director - ren a a inows - i, ssistant inance irector _ - - Jennifer Levitt, City Engineer/Community Development Director Date: Subject: December 2, 2013 Consider Adoption 2014-2018 Capital Improvement Plan and a resolution adopting an amendment to the Comprehensive Plan 2030 to incorporate the CIP. Introduction The 2014-2018 Capital Improvements Plan (CIP) is attached for consideration. Background The attached CIP draft is based on the results of the 2014/2015 budget discussions during the past summer, and the Council workshop this fall regarding the CIP. The 2014-2018 CIP includes several projects which are driven by increased commercial development, renewed residential development and the return of the pavement management process after the it's one year suspension in 2012. The Planning Commission held a public hearing on the CIP at their November 25, 2013 meeting which is required for amending the Comprehensive Plan which includes the CIP. The 2014-2018 CIP was approved unanimously. The first two years of the CIP, 2014 and 2015, serve as a"work plan". All projects including those in 2014 and 2015 will be brought before Council prior to feasibility reports, acquisition, or _ . construction begins. . For 2014, the CIP includes $9,776,800 million in projects and they are listed below Location S of 90th, E of Islay, N or Jareau �Ravine Parkway Phase 3�� � .w. �...., �..._ ._..� .. East Ravine - Various Locations __.. . __ ____.__� _. _ _.__ _ _ Horton - Ravine Park Ravi ne M ead-� __.. _ _.. _ . ._ �,._ .__ � ows Park Michaels Point . _.: ..._ -. Lamar Park ...__. Swimming Pool � . x�_..._.... �.. � _. „, . Parks _.. ...... _. . ......__ . . � .._ _... . . _ ._.. Everwood 4th and 73rd to 70th _ . . __ .__ ____. ... . _.� . . . __. ._._ Hardwood (70th to 80th) West Point Douglas-Jamaica to 90th Arbor Meadows Sealcoat/Crackfilling Program � Various areas ___ ___._. . _... .� . . _ -- .._,_ _ _ .___. Various Various _ . _ . .. _ ... Meter replacement program .. ,,.: . _. ,. Well maintenance . ....... ......�..... _..... _ _.. .... West Draw Tower (1 MG) Descri ption Pavement Management F1 Reconstruction Street - Upper Ravine District Infrastructure development � _ ____. __� ___._ ._.... _. __. ..______ _. new park in DR Horton development _.. .. �. .. _.. . _ _. _,__� _ __.._ _. ._. new park in Newland development . Develop Park .: _.. _., water filtration system replacement __ _ __ _..�.. demolish and back fill pool .,. .. _. .. _ Master plan community parks .. _ _�.. _.__ . .._ _ .... _ . . . ._... -- .. _ _._ Trail Development _. .___.. , __. _ _ . �, _ . _ . . _ .. .. Streetlights _.. _ __. ____. ._ . _._.. . .. .... Public landscape initiative Volunteer tree planting event . . . . ... Streets, sidewalk/curb replacement, & trails ,. .. Spot replacement/slip lining __ �..,. . _,. __ __ __ Storm water maintenance �__.._. _._.__ ______.. ______W�. . _ .._ __�_ ._ .. .___, Streetlight system impro�ments ___. _ ... __._. . , . _. _ . __ _ ____ . _-.-- 1,500 meters @ $135 , .: ,. :_ :,:. Pull well . .. ._ . Repaint interior & exterior Total $ 3, 025, 800 1, 000, 000 2, 500, 000 100.000 400, 000 10, 000 20, 000 15, 000 134, 000 350, 000 _... .. 55, 000 5, 000 602, 000 _ 50, 000 �250,000 _..._...._ _...._..._____._. 100,000 _ _. �._._ 225, 000 _ _ .� 70, 000 765, 000 9, 776, 800 Action Requested Approve the 2014-2018 Capital Improvement Plan and adopt a resolution adopting an amendment to the Comprehensive Plan 2030 to incorporate the CIP. RESOLUTION NO. 13- RESOLUTION APPROVING A COMPREHENSIVE PLAN AMENDMENT TO THE CITY'S COMPREHENSIVE PLAN 2030 TO INCORPORATE THE CAPITAL IMPROVEMENTS PROGRAM (CIP) ___ _______ __. _ WHEREAS, the .City of _Cottage Grove_has prepared _an_amendment _to_t implementation element of the City's Comprehensive Plan 2030 for the Capital Improvements Program (CIP) 2014-2018; and WHEREAS, the Planning Commission held a public hearing on November 25, 2013; and WHEREAS, the public hearing was opened for public testimony and no written or verbal testimony was received; and WHEREAS, the Planning Commission unanimously found that the 2014-2018 CIP is consistent with the City's Comprehensive Plan 2030. NOW THEREFORE BE IT RESOLVED, the City Council of the City of Cottage Grove, County of Washington, Minnesota, hereby approves the amendment to the Implementation Element of the City's Comprehensive Plan 2030 to adopt the 2014-2018 Capital Improvements Program (CIP). Passed this 18th day of December, 2013. Myron Bailey, Mayor Attest: Caron M. Stransky, City Clerk City of Cottage Grove Capital Improvements Plan 2014-2018 Table of Contents Introduction Projects by Program Category Facilities and Park Projects Summary Facility and Park Projects Detail pages Street, Road Improvement & Public Works Projects Summary Street, Road Improvement & Public Works Projects Detail Funding Summary by Year Projects by Year (with Maps) 2014 Annual Summary 2015 Annual Summary 2016 Annual Summary 2017 Annual Summary 2018 Annual Summary Post 2018 Projects Summary Projected Financial Position Statements Special Revenue Funds Sealcoating Fund Storm Water Utility Fund Enterprise Funds Water Utility Fund Sanitary Sewer Utility Fund Street Light Utility Fund Capital Project Funds Park Improvement Fund Park Trust Fund Municipal Building Fund MSA Construction Fund Pavement Management fund Water Area Fund Sanitary Sewer Area Fund Storm Water Area Fund Page No. 1 7 9 10 31 32 57 .� .� .. .. 71 72 73 74 75 76 77 78 79 80 81 82 83 Debt Projections 84 City of Cottage Grove Capital Improvements Plan 2014-2018 Introduction The Capital Improvement Plan (CIP) is a planning device to schedule proposed public improvements and purchases over a five-year period. The Plan matches proposed expenditures and revenues by project within an affected fund. A capital improvement is defined as a capital expenditure that is greater than $15,000 with a life expectancy of five years or longer. Capital improvements are projects, which require acquisition, construction, or replacement of various public facilities, public buildings, infrastructure, utilities and parks in the community. Every effort has been made to draft the document as conservatively and realistically as possible while maintaining the integrity of the funds. The concept of fund integrity includes accounting for certain project costs in particular designated funds that are only used for those purposes for which they are collected. These major funding sources include the operating funds (the General Fund and Enterprise Funds), the development fees and charges (including the Area and Park Trust Funds), as well as identifying larger general projects that are expected to be financed with the issuance of general obligation bonds to be repaid with future property tax levies. This CIP shows a total capital investment of $9.8 million for 2014 of which $3.0 million is related to the 2014 Pavement Management project and $4.6 million is related to infrastructure improvements related to development. This document covers the period from 2014 to 2018, but we have included the 2013 projects from last year's CIP for reference. If a project identified in last year's CIP as a 2013 project will not be started in 2013, it has been reflected in 2014 or later. The document is organized by the funding sources of the improvement project. Over the next five years $94.3 million in projected improvements have been identified. Included in this $94.3 million is $23 million in levy supported debt. The remaining dollars come from other identified sources. One additional component of the CIP is to identify projects beyond the five year period. In this document, those projects total over $137 million in improvements. The majority of the projects identified as beyond 2018 will likely take the next 15 to 20 years to complete and will inevitably change over the years as Council priorities change. The 2014-2018 CIP reflects a significant shift in projects. At a workshop in March 2013, the City Council reviewed over 60 projects ($107 million) and prioritized them as "Mandated" "High Priority" and "Desired." Further categorization included projects which were development driven or reliant upon third party funding. At the end of the workshop, over $50 million in projects did not receive a priority designation. Many of these projects were shifted to later years (2018 and beyond) while funding was concentrated on the shorter term. Comparison of total funding by year to last years CIP 2014 2015 2016 2017 tota11417 o�st 20142018 CIP $ 9,776,800 $ 14,897,500 $ 10,886,100 $ 10,738,300 $ 46,298,700 $ 185,188,750 2013-2017 CIP $ 11,460,650 $ 15,080,000 $ 22,239,100 $ 22,239,100 $ 71,018,850 $ 139,995,950 Difference('13to'14) $ (1,683,850) $ (182,500) $ (11,353,000) $ (11,500,800) $ (24,720,150) $ 45,192,800 During the 2014-2015 budget process, the City Council identified their desire to find a funding source for improvements to existing park properties as several of the improvement projects were part of the failed 2012 Park Referendum. Council directed that revenues from the lease of water tower space for cell phone antennas should be moved beginning in 2014 to a separate fund to provide for the future renovation and replacement of existing parks and park equipment. These lease revenues had previously been allocated to the Water Utility fund to support expenses of water tower painting projects. Summary of Improvements Sealcoating Fund (p. 71) The sealcoating fund was created in 2007 to provide for the costs of sealcoating roads and trails on a seven year cycle. The primary funding source for the projects in this fund is the franchise fee collected by providers on monthly electric and natural gas utility bills. In an agreement with Xcel Energy, franchise fee revenue in 2014-2016 will be reduced as an offset to funding necessary for undergrounding electrical service which was desired by the Council. This revenue reduction is reflected in the fund analysis. The costs of the annual sealcoating program will need to be scaled back to maintain fund integrity in those years. An increase in franchise fees is contemplated after this three year agreement is complete. Enterprise Funds The projects included in the Enterprise Fund section are those projects, which would be paid for from the Water, Sanitary Sewer and Storm Water Utility Funds. Each of the enterprise funds is supported by user fees charged for the services provided by each fund. Storm Water Utilitv (p. 72) The Storm Water Utility Fund projects include various drainage improvements and maintenance of the storm water utility system. The Storm Water Utility Fund was initiated with the 2002 budget year. CIP projects identified and prioritized by staff cannot exceed the financial constraints of the fund. The 2014 projects identified include storm water improvements to be completed with the Pavement Management Project and various storm water ponds improvements. Commitments of the fund for the next five years are for various storm water activities throughout the City. A five percent increase to the storm water fee above the current $48 (annual) rate is proposed beginning in 2014 to support funding of these commitments. Water Utilitv (p. 73) The major water utility fund improvement in the next five years is the repainting of a three million gallon water tower for $900,000 and a million gallon water tower for $765,000. Further included in the fund are costs for pulling one well for maintenance purposes each ra year at $70,000 and the utility portion of pavement management projects, totaling $695,000 in the next 5 years. The CIP also identifies a"Meter replacement program" which began in 2013 at a cost of $225,000 per year for four years. This project involves replacement of all water meters in the City which are over 20 years old and is being completed with contracted labor. Sanitarv Sewer Utilitv (p. 74) The sanitary sewer utility includes $1.2 million in projects to be completed in the next five years, of which $855,000 are portions of projects completed along with pavement management projects. Street Liqht Enterprise (p. 75) The improvements scheduled for the Street Light Utility are traffic signals and system improvements including the potential replacement of luminaries with LED fixtures and feed point electrical work. Park Improvement Capital Prolect Fund (p. 76) In 2004, the City Council established an annual levy of $100,000 to address deferred maintenance issues with city facilities including playground equipment replacement and/or park shelters. By the end of 2005, most of the playground equipment was replaced and attention was turned to the park shelters. Although a$30,000 levy was allocated to this project in 2013, no separate levy was approved for 2014. Instead, the City Council directed that revenues derived from the leasing of space on the City's Water Towers/Reservoirs for Cell phone antennas should be allocated to the purpose of renovation of existing parks and replacement of playground equipment. Park Trust (p. 77) Improvements scheduled in the Park Trust Fund include the purchase of additional parkland, planning and development of parks and trails, and installing playground equipment in new parks. Revenues coming into the Park Trust Fund have been calculated to reflect the anticipated housing growth and a greater dedication of park land instead of park dedication fees. The goal is to maintain a minimum year end cash balance of approximately $100,000. Municipal Building Fund (p. 78) This fund derives its revenue from accumulated transfers from the General Fund pursuant to the Fund Balance policy, as well as several years of dedicated tax levy dollars. The balance provided the initial funding for the construction of a Public Safety/City Hall project in 2011-2012. Additional funding necessary for completion of the project came from an interfund loan, which will be repaid with property tax levy over a 20 year period. Subsequent to the completion of the PS/CH construction project, needs assessments for a future public safety training facility and renovation of Fire Station #2 will be funded from this fund. Additional tax levy funding is anticipated to be necessary after 2014 to supplement transfers under the Fund Balance policy. MSA Construction Fund (p. 79) The construction of new streets and the rehabilitation of existing Management Program as well as other street reconstruction projects of Capital Improvement Projects. Funding for these projects come (MSA), Developer Charges and Special Assessments. streets in the Pavement make up the vast majority from Municipal State Aid Streets included on the "state aid" system are eligible to receive state aid for a portion of the projects. The MSA annual construction allotment was $1.4 million in 2013; the model included in this CIP anticipates no increase in these dedicated funds per year. The projects noted below and in the CIP will depend on development, the timing of which will vary due to factors including the economy and available land. The projects identified with their anticipated MSA funding over the next 5 years include: Pavement Management Projects are reflected in this listing. The summary sheet identifies other funding sources when available, but for most projects it will be necessary to issue debt to be repaid with a property tax levy to finance the project. The continuation of the pavement management program includes assessments for a portion of each project which would also be used to repay the debt. Pavement Management Fund (p.80) The Pavement Management projects included in the next five years total $15 million, of which $6.7 million would be assessed to benefiting property owners and $5.6 million would be bonded. Future property taxes levies would repay these bonds. Area Funds The Water, Storm Sewer and Sanitary Sewer Area Funds are capital project funds that provide the resources to construct general infrastructure. Projects totaling $2.9 million are expected to be funded from the area funds over the next 5 years. The funding sources for these funds are area charges against developing properties. The area charges are based on rates established by the City Council. Before these projects can be completed, the funds available in each of the area funds need to be considered. It may be necessary to postpone projects if the revenue sources are not available to complete the project. 2014 2015 2016 2017 2018 2014 5 year Summary Area Fund Projects Jamaica 70th to Military 95th Street Ph1 East Ravine land purchase Well #12 Well #12 97th Street E�1ension Water Area $ 30,000 13,600 100,000 150,000 1,500,000 SewerArea StormArea $ 30,000 $ 30,000 $ 6,500 Total 90,000 20,100 100,000 150,000 1,500,000 300,000 300,000 $ 1,793,600 $ 30,000 $ 336,500 $ 2,160,100 Water Area Fund (p. 81) The largest project in the water area fund for the next five years is an additional well for $1.5 million. A number of projects have been postponed from prior years because of the slowdown the construction industry. For example, a water supply and distribution plan was completed in January 2006 that indicated that the East Ravine water tower would be needed in 2010, based on development trends at that time. However, based on the reduction in new construction activity this tower has been postponed until 2018. If resources are not available in the fund to complete the projects identified in the water supply and distribution plan then bonding may need to be considered. A new water treatment plant has been included in the post 2018 projects for $15 million. The construction of the water treatment plant will likely be funded with a combination of utility revenue bonds and area fund monies when the need arises. Sanitarv Sewer Area Fund (p. 82) The projects identified for the Sewer Area Fund will have adequate funding through 2018 based upon conservative estimates and current rates. Bonds were issued for the construction of the trunk sewer line in the Upper Ravine District of the East Ravine that was completed in late 2007. The bonds will be repaid by the area charges collected as the Upper Ravine District is developed. The bond payments are included in the debt service column. Additional projects may be identified for this fund as future needs arise. Storm Water Area Fund (p. 83) The Storm Water Area Fund summary schedule includes $636,500 in projects for 2014- 2018. However, if the projects identified are part of larger project (i.e. if they are part of a street reconstruction project) and the larger project is moved up it may be necessary to issue debt to finance and complete the project. The debt would then be repaid with future storm water area charges or storm water utility charges. There is an additional $22.1 million of projects identified beyond 2018. ti7 Debt Schedule (p. 84) The included debt projection schedule anticipates issuing levy-related debt primarily to fund the pavement management program. Typically, with a pavement management project, special assessments against benefiting properties cover a portion of the cost (the CIP uses an assessment estimate of 45% as recommended by the IMTF task force) and the remainder of the construction cost is then paid through a property tax debt levy or from the utility funds. Pavement management related debt is matched to the assessment term, which is 15 years. The debt schedule provided includes the current levy amounts for all bonds issued to date and includes estimated levies for the pavement management projects currently identified. Projects identified in the next 5 years total $15.2 million in construction costs and requiring $12.4 million in new debt. The future debt service includes estimated growth in the tax capacity of 6.4% in 2014 and 3% thereafter. Tax Capacity 2011 2012 2013 2014 2015 2016 Actualtax Base $ 26,665,455 $ 24,496,075 $ 22,604,984 $ 24,054,151 $ 24,776,000 $ 25,519,000 %Change -7.2% -8.1% -7.7% 6.4% 3.0% 3.0% The City's target for bonded debt as a percentage of total market value is at 0.81 % which is the Median for AA1 Cities. For 2014, that percentage will be 0.92%. Conclusion City staff has prepared this document in conjunction with those projects and capital items that are known and for which costs can be reasonably estimated. The CIP should be considered a planning tool and the projects included for 2014 and 2015 serve as a work plan for staff. This "work plan" means that these are the projects that staff will bring to Council for authorization before proceeding with a feasibility study, acquisition, or construction. All projects detailed in this document will be included in their respective budgets if the need is established at that time. City of Cottage Grove, MN Capital Improvement Plan 2014-2018 PROJECTS BY PROGRAM CATEGORY PROGRAM CATEGORY 2013 2014 2015 2016 2017 2018 General Public Buildings PSCH fnal expenses Fire station and PW expenses PW equipment mezzanine PW concrete for salt shed Public Safety Training Facility Fire Station #2 General Public Buildinas total Parks & Recreation Facilities Lamar park building Remodel Hamlet park building Remodel hearthside building Remodel Lamar Park Water Filtration Public Landscape initiative Volunteer tree planting Hamlet Park - Develop Park & skateboard repair Granada Park - Remove tennis courts, regrade, trail Park properties - Surveying & installation of posts Swimming Pool - demolish & backfll Arbor Meadows- install irrigation Woodridge Park- move ballfeld fencing Kingston Park - playground remodel Hamlet Park - regrade football/soccer felds Woodridge Park- Park building Pine Glen & Old Cottage Grove Parks- Play equipment Dog Park- Improvements/Land Purchase Hamlet Park Expansion Thompson Grove play facility Horton - East Ridge woods park Ravine meadows park Parks - masterplanning Michaels Pointe Park (Ryland plat) Ravine Parkway Park Hamlet Park North Enhancement Inclusive playground Camel's Hump Park- develop & trails East Ravine-Central Neighborhood Park 124,141 6Q638 184,779 32,750 45,000 14,640 1 Q000 55,000 5,000 2Q000 25,710 10Q000 10Q000 15,000 40Q000 3Q000 3Q000 30Q000 2,OOQ000 7,OOQ000 36Q000 2,OOQ000 7,OOQ000 SQ000 SQ000 5,000 5,000 408,000 45,000 2Q000 17,000 2Q000 2Q000 10Q000 2Q000 375,000 7Q000 40Q000 225,000 35Q000 316,000 Parks & Recreation Facilities 118,100 705,000 478,000 837,000 420,000 761,000 Public Utilities Facilities Hardwood (70th to 80th) - Streetlights Spot replacement/slip lining - Sewer System improvements - Streetlights Jamaica Ave 70th to Military luminaries Storm water maintenance Oakwood Park Stormwater project Water Meter Replacement project Pull well - annual maintenance Water Tower Land purchase - East Ravine Repaint interior & exterior of Water tower Well #12 Public Utilities Facilities total 35Q000 SQ000 SQ000 SQ000 10Q000 10Q000 10Q000 SOQ000 25Q000 25Q000 25Q000 225,000 225,000 225,000 225,000 7Q000 7Q000 7Q000 10Q000 765,000 90Q000 SQ000 SQ000 10Q000 10Q000 25Q000 25Q000 24Q000 7Q000 7Q000 15Q000 1,SOQ000 225,000 1,a1Q000 2,095,000 795,000 62Q000 2,21Q000 7 City of Cottage Grove, MN Capital Improvement Plan 2014-2018 PROJECTS BY PROGRAM CATEGORY PROGRAM CATEGORY 2013 2014 2015 2016 2017 2018 Street & Road Improvement Projects CR 70/19 Ravine parkway & 85th Hinton ave resurtacing East Point Douglas (walmart) 95th Street rehab Ravine parkway Phase 3 95th Street Phase 1 Extension Everwood 4th & 73rd to 70th Hadley Avenue street work 90th - 100th Ravine Parkway, Phase 4 E Pt Douglas/Ravine Pkwy to CSAH 19 80th Street (CSAH19 to TH 61) Reclamation CSAH 19 and TH 61 100th St e#ension to CR19 WPD Extension to CR19 WPD Sliplane to TH 61 WPD reconstruction Belden to Jamaica Jamaica Ave -90th to 70th Jamaica Ave - 70th to Military Jamaica Ave - 70th to Military roundabout 70th & Hardwood - City share Intersection 100th St Reconst. Qdealto 97th St Ext) Kingsbourgh Trail Reclamation PM 2013 - C1 & C2 PM 2014 - F1 PM 2015 - F2 PM 2016 - B1 PM 2016 - D2 PM 2017 - F3 PM 2018 - FS PM 2019 - C3 PM 2019 - CS PM 2020 - D1 East Ravine - Various Locations (Development) Oak Cove Development 97th Street E#ension Sealcoating projeds 759,460 1Q955 1,756,439 1,60Q000 86,075 1,OOQ000 834,600 134,000 2,SOQ000 3,OOQ000 B 3,SOQ000 4,OOQ000 3,OOQ000 B 4,SOQ000 4,OOQ000 SOQ000 4,90Q000 225,000 1,OOQ000 SOQ000 7,633,380 14,000 3,025,800 2,902,900 2,22Q600 1,431,500 2,448,300 3,213,000 2,SOQ000 2,SOQ000 35Q000 704,100 577,246 602,000 602,000 602,000 75Q000 75Q000 Road & Street Improvement prqeds total 12,437,555 7,261,800 11,964,500 7,254,100 9,698,300 38,017,100 GRANDTOTAL $ 12,965,434 $ 9,77Q800 $ 14,897,500 $ 1Q886,100 $ 1Q738,300 $ 47,988,100 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2014 - 2018 CAPITAL IMPROVEMENT PROGRAM FACILITIES AND PARK PROJECTS Funding Sources 2014 2015 2016 2017 2018 Tax Levy $ - $ - $ - $ - $ - Bonded Debt - - - - - Parklmprovementfund 30,000 473,000 157,000 20,000 445,000 Park Trust Fund 615,000 - 625,000 350,000 316,000 Landscape Initiative 60,000 5,000 55,000 50,000 - Municipal Building Fund - 360,000 2,000,000 - 7,000,000 Other: - - - - - TOTAL 705,000 838,000 2,837,000 420,000 7,761,000 Project Expenses 2014 2015 2016 2017 2018 Land/Easements - - - - - Engineering/Architect 15,000 320,000 17,000 - - Admin/Legal - - - - - Construction 630,000 513,000 2,765,000 370,000 7,761,000 Maintenance - - - - - Other 60,000 5,000 55,000 50,000 TOTAL 705,000 838,000 2,837,000 420,000 7,761,000 Project Balance $ - $ - $ - $ - $ - 0 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2014 - 2018 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Public Works Facilities Upgrade to the Public Works Facility including construction of an Equipment mezzanine and concrete for the Salt Shed Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt Park Improvementfund Park Trust Fund Landscape Initiative Municipal Building fund Other: .� ��� TOTAL 0 60,000 0 0 0 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Eng ineering/Architect Admin/Legal Construction Maintenance Other .� ���' TOTAL 0 60,000 0 0 0 Project Balance $ - $ - $ - $ - $ - 10 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2014 - 2018 CAPITAL IMPROVEMENT PROGRAM n is reflects the City's contribution to construction of a Public Safety Training Facility. Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt Park Improvementfund Park Trust Fund Landscape Initiative Municipal Building fund 300,000 2,000,000 Other: TOTAL 300,000 2,000,000 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering/Architect 300,000 Admin/Legal Construction 2,000,000 Maintenance Other TOTAL 300,000 2,000,000 Project Balance $ - $ - $ - $ - $ - 11 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2014 - 2018 CAPITAL IMPROVEMENT PROGRAM n of Fire Station #2. Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt Park Improvementfund Park Trust Fund Landscape Initiative Municipal Building Other: 7,000,000 TOTAL 0 0 0 0 7,000,000 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Eng ineering/Architect Admin/Legal Construction Maintenance Other 7,000,000 TOTAL 0 0 0 0 7,000,000 Project Balance $ - $ - $ - $ - $ - 12 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2014 - 2018 CAPITAL IMPROVEMENT PROGRAM Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt Parklmprovementfund 10,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 10,000 0 0 0 0 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Eng ineering/Architect Admin/Legal Construction 10,000 Maintenance Other TOTAL 10,000 0 0 0 0 Project Balance $ - $ - $ - $ - $ - 13 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2014 - 2018 CAPITAL IMPROVEMENT PROGRAM scnpflon and backfill of swimming pool facility. Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt Parklmprovementfund 20,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 20,000 0 0 0 0 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Eng ineering/Architect Admin/Legal Construction 20,000 Maintenance Other TOTAL 20,000 0 0 0 0 Project Balance $ - $ - $ - $ - $ - 14 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2014 - 2018 CAPITAL IMPROVEMENT PROGRAM t oescnpflon W Point Douglas from Jamaica to 90th 80th -Jamaica to CR19 90th -CR 19 to Jamaica Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt Park Improvementfund Park Trust Fund Landscape Initiative 55,000 50,000 50,000 Municipal Building Other: TOTAL 55,000 0 50,000 50,000 0 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering/Architect Admin/Legal Construction Maintenance Other 55,000 50,000 50,000 TOTAL 55,000 0 50,000 50,000 0 Project Balance $ - $ - $ - $ - $ - 15 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2014-Arbor Meadows 2015-Pine Tree Valley/Pine Tree Pond Park 2016-CG Trailway Corridor Department Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt Park Improvementfund Park Trust Fund Landscape Initiative 5,000 5,000 5,000 Municipal Building Other: TOTAL 5,000 5,000 5,000 0 0 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering/Architect Admin/Legal Construction Maintenance Other TOTAL 5,000 5,000 5,000 0 0 Project Balance $ - $ - $ - $ - $ - 16 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET �ma _ �n�R r.oPiTOi innPRrniFnnFniT PRnr.ROnn Pro�ect oescriptian Park construction in conjunction with East Ridge Woods residential development Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt Park Improvementfund Park Trust Fund 100,000 Landscape Initiative Municipal Building Other: TOTAL 100,000 0 0 0 0 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Eng ineering/Architect Admin/Legal Construction 100,000 Maintenance Other TOTAL 100,000 0 0 0 0 Project Balance $ - $ - $ - $ - $ - 17 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET �ma _ �n�R r.oPiTOi innPRrniFnnFniT PRnr.ROnn riptian of park in conjunction with Ravine Meadows residential development Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt Park Improvementfund Park Trust Fund 100,000 Landscape Initiative Municipal Building Other: TOTAL 100,000 0 0 0 0 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Eng ineering/Architect Admin/Legal Construction 100,000 Maintenance Other TOTAL 100,000 0 0 0 0 Project Balance $ - $ - $ - $ - $ - 18 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2014 - 2018 CAPITAL IMPROVEMENT PROGRAM Title Project Descriptian ister lannin Master plan community parks Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt Park Improvementfund Park Trust Fund 15,000 Landscape Initiative Municipal Building Other: TOTAL 15,000 0 0 0 0 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering/Architect 15,000 Admin/Legal Construction Maintenance Other TOTAL 15,000 0 0 0 0 Project Balance $ - $ - $ - $ - $ - 19 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET �ma _ �n�R r.oPiTOi innPRrniFnnFniT PRnr.ROnn riptian of park as part of Michaels Point residential development Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt Park Improvementfund Park Trust Fund 400,000 Landscape Initiative Municipal building Other: TOTAL 400,000 - - - Project Expenses 2014 2015 2016 2017 2018 Land/Easements Eng ineering/Architect Admin/Legal Construction 400,000 Maintenance Other TOTAL 400,000 - - - Project Balance $ - $ - $ - $ - $ - 20 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET Park development & skateboard repair North park enhancement Regrade football/soccer fields Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt Parklmprovementfund 408,000 20,000 Park Trust Fund 225,000 Landscape Initiative Municipal building Other: TOTAL - 408,000 225,000 20,000 - Project Expenses 2014 2015 2016 2017 2018 Land/Easements Eng ineering/Architect Admin/Legal Construction 408,000 225,000 20,000 Maintenance Other TOTAL 408,000 225,000 20,000 Project Balance $ - $ - $ - $ - $ - 21 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2014 - 2018 CAPITAL IMPROVEMENT PROGRAM Title Project Descriptian Park survey & post installation �Phase IV and V of surveying and installing park identification posts. Parks Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt Park Improvementfund 20,000 17,000 Park Trust Fund Landscape Initiative Municipal building Other: TOTAL - 20,000 17,000 - - Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering/Architect 20,000 17,000 Admin/Legal Construction Maintenance Other TOTAL 20,000 17,000 Project Balance $ - $ - $ - $ - $ - 22 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET �ma _ �n�R r.oPiTOi innPRrniFnnFniT PRnr.ROnn tennis courts, re-grade field, install trail, bocce ball ct. Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt Park Improvementfund 45,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 0 45,000 0 0 0 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Eng ineering/Architect Admin/Legal Construction 45,000 Maintenance Other TOTAL 0 45,000 0 0 0 Project Balance $ - $ - $ - $ - $ - 23 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET ballfield fencing back to 320 ft e/renovate park building Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt Park Improvementfund Park Trust Fund Landscape Initiative Municipal builiding Other: 20,000 375,000 TOTAL 0 0 20,000 0 375,000 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Eng ineering/Architect Admin/Legal Construction Maintenance Other 20,000 375,000 TOTAL 0 0 20,000 0 375,000 Project Balance $ - $ - $ - $ - $ - 24 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt Park Improvementfund Park Trust Fund Landscape Initiative Municipal building Other: 100,000 TOTAL 0 0 100,000 0 0 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Eng ineering/Architect Admin/Legal Construction Maintenance Other 100,000 TOTAL 0 0 100,000 0 0 Project Balance $ - $ - $ - $ - $ - 25 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET irrigation Department Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt Park Improvementfund Park Trust Fund Landscape Initiative Municipal building Other: 20,000 TOTAL 0 0 20,000 0 0 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Eng ineering/Architect Admin/Legal Construction Maintenance Other 20,000 TOTAL 0 0 20,000 0 0 Project Balance $ - $ - $ - $ - $ - 26 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET GV IY IV l�f1r :ct Descriptian lop and construct park Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt Park Improvementfund Park Trust Fund Landscape Initiative Municipal Building Other: 400,000 TOTAL 0 0 400,000 0 0 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Eng ineering/Architect Admin/Legal Construction Maintenance Other 400,000 TOTAL 0 0 400,000 0 0 Project Balance $ - $ - $ - $ - $ - 27 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET GVIY rl\VVI\f11V1 �ject Descriptian velop and Construct'Inclusive' playground: designed for accessibility all children - special needs and those with physical and cognitive disabilities. Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt Park Improvementfund Park Trust Fund Landscape Initiative Municipal Building Other: 350,000 TOTAL 0 0 0 350,000 0 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Eng ineering/Architect Admin/Legal Construction Maintenance Other 350,000 TOTAL 0 0 0 350,000 0 Project Balance $ - $ - $ - $ - $ - 28 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET GV IY GV IV l�flrll f1L IlVlrl\V VLIVILIV ct Descriptian lop and construct Camel's hump park and trails Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt Park Improvementfund Park Trust Fund Landscape Initiative Municipal building Other: 316,000 TOTAL 0 0 0 0 316,000 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Eng ineering/Architect Admin/Legal Construction Maintenance Other 316,000 TOTAL 0 0 0 0 316,000 Project Balance $ - $ - $ - $ - $ - 29 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET n Plne glen & Old Cottage Grovel Parks Replace playground equipment. Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt Park Improvementfund Park Trust Fund Landscape Initiative Municipal building Other: 70,000 TOTAL 0 0 0 0 70,000 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Eng ineering/Architect Admin/Legal Construction Maintenance Other 70,000 TOTAL 0 0 0 0 70,000 Project Balance $ - $ - $ - $ - $ - 30 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET �z��e�z�ze.ie_��n_�■i� i�:t•�.��� i�►n�:aze�:�_�� � ALL TRANSPORTATION AND PUBLIC WORKS PROJECTS Funding Sources 2014 2015 2016 2017 2018 Tax Levy $ - $ 225,000 $ - $ - $ - Bonded Debt $ 2,439,860 $ 2,367,010 $ 2,852,100 $ 2,648,300 $ 3,480,400 State of Minnesota/MSA $ 1,134,000 $ 125,600 $ 3,000,000 $ 5,400,000 $ 5,803,000 Washington County $ - $ 2,400,000 $ - $ - $ 9,016,000 Federal/Grant Funding $ - $ - $ - $ - $ 10,033,000 Areafunds $ 400,000 $ 510,100 $ 100,000 $ 150,000 $ 1,800,000 Utilityfunds $ 2,395,940 $ 2,505,290 $ 1,495,000 $ 770,000 $ 1,747,600 Assessments/Developerfees $ 2,100,000 $ 5,324,500 $ -$ 600,000 $ 7,193,000 Other: $ 602,000 $ 602,000 $ 602,000 $ 750,000 $ 1,154,100 TOTAL 9,071,800 14,059,500 8,049,100 10,318,300 40,227,100 Project Expenses 2014 2015 2016 2017 2018 Land/Easements/Utility Relocat $ - $ - $ 100,000 $ 150,000 $ - Engineering/Architect $ - $ - $ - $ - $ - Admin/Legal $ - $ - $ - $ - $ - Construction $ 8,376,800 $ 13,364,500 $ 7,254,100 $ 9,698,300 $ 39,757,100 Maintenance $ 695,000 $ 695,000 $ 695,000 $ 470,000 $ 470,000 Other $ - $ - $ - $ - $ - TOTAL 9,071,800 14,059,500 8,049,100 10,318,300 40,227,100 Project Balance $ - $ - $ - $ - $ - 31 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2014 - 2018 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Sealcoatin The annual seal coating program was initiated in 1994 and is implemented in a seven year cycle. Assigned areas are seal coated each year - new streets two to three years after final bituminous wear surtace has been placed, and after their first sealcoating, on a seven year Department rotation. New streets within developments are incorporated into the plan as they are added to the Public Works system. The purpose of sealcoating is to improve the quality and extend the life of City streets. Seal coating delays the need for costly street reconstruction or other corrective work for which a portion of the costs are assessed to the adiacent propertv owners. Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area funds Utility funds Assessments/Developerfees Other:sealcoatfund TOTAL 602,000 602,000 602,000 750,000 750,000 602,000 602,000 602,000 750,000 750,000 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction Maintenance Other TOTAL Project Balance 602,000 602,000 602,000 750,000 750,000 602,000 602,000 602,000 750,000 750,000 $ - $ - $ - $ - $ - 32 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2014 - 2018 CAPITAL IMPROVEMENT PROGRAM Avenue (70th to n pgrade to MSA roadway to accommodate development. Once completed, roadway ill be turned backto Washington County. roject includes construction of roundabout at Jamaica and 70th as well as upgraded streetlights Funding Sources 2014 2015 2016 2017 2018 Tax Levy $ 225,000 Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Areafunds Utility funds Assessments/Developerfees Other: TOTAL 2,400,000 90,000 500,000 2,410,000 - 5,625,000 - - - Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction Machinery & equipment Other TOTAL Project Balance 5,625,000 5,625,000 $ - $ - $ - $ - $ - 33 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2014 - 2018 CAPITAL IMPROVEMENT PROGRAM t oescnpflon F1 (S of 90th, E of Islay, N of Jareau) F2 (S of 80th, E of W Central Corridor, W of E Central corridor, N of Woodridge) B1 & D2 (S of Pinehill Elementary, N of 90th, E of Hadley, W of and including Harkness) F3(Jamaica Ridge, JR 2nd, E Meadow Cliff, Sandy Hills 5th, Eightieth Place, Eightieth Place W) FSBOth Place S. Pine Meadows 1st. 3rd. 4th. & 5th. Sandv Hills 7th & 8thl Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt 2,439,860 2,367,010 2,852,100 2,148,300 2,570,400 State of Minnesota/MSA 125,600 Washington County Federal/Grant Funding Areafunds Utilityfunds 585,940 410,290 800,000 300,000 642,600 Assessments/Developerfees Other: TOTAL 3,025,800 2,902,900 3,652,100 2,448,300 3,213,000 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction 3,025,800 2,902,900 3,652,100 2,448,300 3,213,000 Machinery & equipment Other TOTAL 3,025,800 2,902,900 3,652,100 2,448,300 3,213,000 Project Balance $ - $ - $ - $ - $ - 34 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2014 - 2018 CAPITAL IMPROVEMENT PROGRAM East Ravine Infrastructure residential development occurs in the East Ravine, various infrastructure will be nstructed to support the new housing. This infrastructure will be paid for by velopers either through City financed construction supported by assessments by Developer constructed of same. Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Areafunds 400,000 400,000 100,000 Utility funds Assessments/Developerfunds 2,100,000 2,100,000 Other: TOTAL 2,500,000 2,500,000 100,000 0 0 Project Expenses 2014 2015 2016 2017 2018 Land/Easements 100,000 Engineering Admin/Legal Construction 2,500,000 2,500,000 Machinery & equipment Other TOTAL 2,500,000 2,500,000 100,000 0 0 Project Balance $ - $ - $ - $ - $ - 35 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2014 - 2018 CAPITAL IMPROVEMENT PROGRAM Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt State of Minnesota/MSA 3,500,000 Washington County Federal/Grant Funding Areafunds Utility funds AssessmenUDeveloperFees Other: TOTAL 0 0 0 3,500,000 0 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction 3,500,000 Machinery & equipment Other TOTAL 0 0 0 3,500,000 0 Project Balance $ - $ - $ - $ - $ - 36 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2014 - 2018 CAPITAL IMPROVEMENT PROGRAM meter replacement n acement of 1500 water meters per year at a cost of $135 per meter. year of Project was 2013. Contracted services (labor and meters) ilete the installations. Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Areafunds Utility funds AssessmenUDeveloperFees Other: TOTAL 225,000 225,000 225,000 225,000 225,000 225,000 0 0 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction Machinery & equipment Other TOTAL Project Balance 225,000 225,000 225,000 225,000 225,000 225,000 0 0 $ - $ - $ - $ - $ - 37 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET Department Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt State of Minnesota/MSA 134,000 Washington County Federal/Grant Funding Areafunds Utility funds Assessments/Developerfunds Other: TOTAL 134,000 0 0 0 0 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction 134,000 Machinery & equipment Other TOTAL 134,000 0 0 0 0 Project Balance $ - $ - $ - $ - $ - 38 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET �ma _ �n�R r.oPiTOi innPRrniFnnFniT PRnr.ROnn t oescriptian Phase 3 Construction Phase 4 Construction Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt State of Minnesota/MSA 1,000,000 3,000,000 Washington County Federal/Grant Funding Areafunds Utility funds AssessmenUDeveloperFees Other: TOTAL 1,000,000 0 3,000,000 0 0 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction 1,000,000 3,000,000 Machinery & equipment Other TOTAL 1,000,000 0 3,000,000 0 0 Project Balance $ - $ - $ - $ - $ - 39 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET �ma _ �n�R r.oPiTOi innPRrniFnnFniT PRnr.ROnn o�ect oescriptian �construction/realignment of bridge/overpass over highway 61 at County Rd 19 (Innovation Road) �ject includes extension of West Point Douglas Road, Eutension of 100th Street, reconstruction West Point Doualas from Belden to Jamaica and a potential slip lane. Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt State of Minnesota/MSA 4,000,000 Washington County 8,500,000 Federal/Grant Funding 10,033,000 Areafunds Utility funds AssessmenUDeveloperFees 967,000 Other: TOTAL 0 0 0 0 23,500,000 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction 23,500,000 Machinery & equipment Other TOTAL 0 0 0 0 23,500,000 Project Balance $ - $ - $ - $ - $ - 40 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2014 - 2018 CAPITAL IMPROVEMENT PROGRAM Title Project Descriptian i Avenue (90th-70th) Reconstruction of Jamaica Avenue north of 90th Street Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Areafunds Utility funds Assessments/Developerfees Other: 500,000 TOTAL 0 0 0 0 500,000 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction Machinery & equipment Other 500,000 TOTAL 0 0 0 0 500,000 Project Balance $ - $ - $ - $ - $ - 41 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt 500,000 State of Minnesota/MSA Washington County Federal/Grant Funding Areafunds Utility funds AssessmenUDeveloperFees Other: TOTAL - - - 500,000 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction Machinery & equipment Other 500,000 TOTAL - - - 500,000 Project Balance $ - $ - $ - $ - $ - 42 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area funds 20,100 Utility funds AssessmenUDeveloperFees 814,500 Other: TOTAL - 834,600 - - - Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction Machinery & equipment Other 834,600 TOTAL 834,600 Project Balance $ - $ - $ - $ - $ - 43 Project Title East Point Douglas Road- Ravine Parkwav to CR 19 Public Works CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2014 - 2018 CAPITAL IMPROVEMENT PROGRAM Project Descriptian �nstruction of roadway and infrastructure to support Phase II of the CottageView ail/commercial development. Projectwould include reroute of frontage road a new access point off of County Road 19 with appropriate traffic signal. Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt 910,000 State of Minnesota/MSA 303,000 Washington County 516,000 Federal/Grant Funding Areafunds Utility funds AssessmenUDeveloperFees Other: TOTAL 395,000 5,876,000 - - - - 8,000,000 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction 8,000,000 Machinery & equipment Other TOTAL Project Balance 8,000,000 - $ - $ - $ 44 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET �ma _ �n�R r.oPiTOi innPRrniFnnFniT PRnr.ROnn Repaint 1 MG West Draw tower Repaint 3MG 81st St ground storage Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Areafunds Utilityfunds 765,000 900,000 AssessmenUDeveloperFees Other: TOTAL 765,000 900,000 0 0 0 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction 765,000 900,000 Machinery & equipment Other TOTAL 765,000 900,000 0 0 0 Project Balance $ - $ - $ - $ - $ - 45 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET �ma _ �n�R r.oPiTOi innPRrniFnnFniT PRnr.ROnn streetlights along Hardwood Avenue between 70th and 80th Streets Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Areafunds Utility funds 350,000 AssessmenUDeveloperFees Other: TOTAL 350,000 0 0 0 0 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction 350,000 Machinery & equipment Other TOTAL 350,000 0 0 0 0 Project Balance $ - $ - $ - $ - $ - 46 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET �ma _ �n�R r.oPiTOi innPRrniFnnFniT PRnr.ROnn Pro�ect oescriptian Each year a well is'pulled' for inspection and repair of the pump and other vital parts. Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Areafunds Utilityfunds 70,000 70,000 70,000 70,000 70,000 AssessmenUDeveloperFees Other: TOTAL 70,000 70,000 70,000 70,000 70,000 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction Maintenance 70,000 70,000 70,000 70,000 70,000 Other TOTAL 70,000 70,000 70,000 70,000 70,000 Project Balance $ - $ - $ - $ - $ - 47 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET �ma _ �n�R r.oPiTOi innPRrniFnnFniT PRnr.ROnn Annual sewer line maintenance/spot Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Areafunds Utilityfunds 50,000 50,000 50,000 50,000 50,000 AssessmenUDeveloperFees Other: TOTAL 50,000 50,000 50,000 50,000 50,000 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction Maintenance 50,000 50,000 50,000 50,000 50,000 Other TOTAL 50,000 50,000 50,000 50,000 50,000 Project Balance $ - $ - $ - $ - $ - 48 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET �ma _ �n�R r.oPiTOi innPRrniFnnFniT PRnr.ROnn Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Areafunds Utility funds 100,000 100,000 100,000 100,000 100,000 AssessmenUDeveloperFees Other: TOTAL 100,000 100,000 100,000 100,000 100,000 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction Maintenance 100,000 100,000 100,000 100,000 100,000 Other TOTAL 100,000 100,000 100,000 100,000 100,000 Project Balance $ - $ - $ - $ - $ - 49 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Areafunds Utility funds AssessmenUDeveloperFees Other: 150,000 1,500,000 TOTAL 0 0 0 150,000 1,500,000 Project Expenses 2014 2015 2016 2017 2018 Land/Easements 150,000 Engineering Admin/Legal Construction maintenance Other 1,500,000 TOTAL 0 0 0 150,000 1,500,000 Project Balance $ - $ - $ - $ - $ - 50 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET �ma _ �n�R r.oPiTOi innPRrniFnnFniT PRnr.ROnn Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Areafunds Utilityfunds 250,000 250,000 250,000 250,000 250,000 AssessmenUDeveloperFees Other: TOTAL 250,000 250,000 250,000 250,000 250,000 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction maintenance 250,000 250,000 250,000 250,000 250,000 Other TOTAL 250,000 250,000 250,000 250,000 250,000 Project Balance $ - $ - $ - $ - $ - 51 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET Y G V I V l�f1r I I f1l criptian with NPDES Permit Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Areafunds Utility funds AssessmenUDeveloperFees Other: 240,000 TOTAL 0 0 0 0 240,000 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction maintenance Other 240,000 TOTAL 0 0 0 0 240,000 Project Balance $ - $ - $ - $ - $ - 52 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Areafunds Utility funds AssessmenUDeveloperFees Other: 1,900,000 .�� ��� TOTAL 0 0 0 2,500,000 0 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction maintenance Other 2,500,000 TOTAL 0 0 0 2,500,000 0 Project Balance $ - $ - $ - $ - $ - 53 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Areafunds Utility funds AssessmenUDeveloperFees Other: 350,000 TOTAL 0 0 0 0 350,000 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction maintenance Other 350,000 TOTAL 0 0 0 0 350,000 Project Balance $ - $ - $ - $ - $ - 54 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET Public Works Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Areafunds Utility funds AssessmenUDeveloperFees 300,000 Other:TlF 404,100 TOTAL 0 0 0 0 704,100 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction maintenance Other 704,100 TOTAL 0 0 0 0 704,100 Project Balance $ - $ - $ - $ - $ - 55 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET GVIY rl\VVI\f11V1 ect Descriptian portion of 70th Street roadway reconstruction project west of Hinton. Funding Sources 2014 2015 2016 2017 2018 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Areafunds Utility funds AssessmenUDeveloperFees Other: 1,000,000 TOTAL 0 0 0 0 1,000,000 Project Expenses 2014 2015 2016 2017 2018 Land/Easements Engineering Admin/Legal Construction maintenance Other 1,000,000 TOTAL 0 0 0 0 1,000,000 Project Balance $ - $ - $ - $ - $ - 56 � City of Cottage Grove CIP 2014-2018 Funding Summary by Year Funding Source Park Improvement Public Landscape Initiative Park Trust Sealcoating Fund Building Replacement Ice Arena Assessments MSA PM/Streets Levy Developer Asmts/Fees State/County Share Utility-Storm Wtr Utility-Street Lights Utility-Sewer Utility-Water Area-Water Area-Sewer Area-Storm Wtr Unidentified 2013 2014 2015 2016 2017 2018 Total'14 to'18 Post 2018 Total All 92,390 30,000 473,000 157,000 20,000 445,000 1,125,000 4,706,000 5,831,000 - 60,000 5,000 55,000 50,000 - 170,000 895,000 1,065,000 47,000 615,000 - 625,000 350,000 316,000 1,906,000 7,881,000 9,787,000 600,000 602,000 602,000 602,000 750,000 750,000 3,306,000 1,720,450 5,026,450 184,779 - 360,000 2,000,000 - 7,000,000 9,360,000 5,000,000 14,360,000 - - - - - - - 1,460,000 1,460,000 2,700,000 1,361,600 1,171,300 1,643,200 1,326,700 1,445,850 6,948,650 9,935,910 16,884,560 699,563 1,134,000 125,600 3,000,000 5,400,000 5,803,000 15,462,600 1,536,900 16,999,500 5,046,300 1,078,260 1,420,710 1,208,900 1,321,600 2,034,550 7,064,020 10,085,890 17,149,910 1,600,000 2,100,000 5,324,500 - 600,000 7,597,100 15,621,600 11,066,500 26,688,100 548,640 - 2,400,000 - - 19,049,000 21,449,000 11,600,000 33,049,000 79,395 391,720 350,000 250,000 250,000 490,000 1,731,720 1,537,600 3,269,320 617,443 733,360 750,000 300,000 200,000 314,200 2,297,560 2,330,000 4,627,560 94,746 190,860 150,000 350,000 150,000 347,200 1,188,060 500,000 1,688,060 225,000 1,080,000 1,255,290 595,000 170,000 596,200 3,696,490 520,400 4,216,890 25,178 100,000 143,600 100,000 150,000 1,500,000 1,993,600 23,925,000 25,918,600 - 150,000 180,000 - - - 330,000 - 330,000 405,000 150,000 186,500 - - 300,000 636,500 21,610,000 22,246,500 - - - - - - - 20,715,000 20,715,000 12,965,434 9,776,800 14,897,500 10,886,100 10,738,300 47,988,100 94,286,800 137,025,650 231,312,450 Legend � 2014 cips � City boundary - Park and Open Space `:���: Mississippi river - Isd 833 property N � 1 � W � `� E I 95TH ST `.. .INDIAN BL1 r�- PF(-143 � ST-73 I ❑ '�`` PK=�42 �� � �PK-1�1 ��rH sr 80TH S' �.��� � �rin; �C? - � � � . 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I ll � 3 x W a � Z z Z a � 11-19-13 � CIP PROJECTS - 2014 Cottage Grove, Minnesota ,_�I � ��o�; ,'� ' � � �-�, J�P W ��J � ��, _ ,� � > � �� � � � ��i�� $ _ ; ��_ � � �j r� `'_- �ST 52 � � L � �I << �� � t�JT 'F���L,� 17 '��;� � ���,.. �� ��� �C � ', ��t[ � SOTH ST' �J , . ,' � .:. �C�\ \� 0 0.5 1 � 3 4 Miles � !Lr-'� i�� ::_ I I Legend • 2015 cips � City boundary - Park and Open Space :�:���: Mississippi river - Isd 833 property I� W � ��� � � �� � � � � �: �� �� _ Q O O � O � r �I 7 SOTH ST' � �, \� � ST-14 �� �� �z: r 4 3\U ��� . ,� � _�I, �n J _ ` ��`� ❑ ���'� �` �U��,��� s n � INDIAN BLV �� �� ������� i- � �� _�� II�'/' � � � ��i� ` r ��I I i �� � � ��`1.1�D-15 �,^�� ,� �L �'� 80TH ST � ,� i17�� ' � � P � o � '� �� \ 'i�l. � � � ����� � , s, , �' ' i I I� >���-! . , i, HSTH ST _ � � r 1 i ,i ��, �� � ��� ����n��nC? �„ , i� �' ��LIL����l� PK-20�'� /� � � �� � � �� I��� �; �,� � � �� �� �� � � �ST-14 PK-48 � _lI . � �: 90TH.ST . � • . � 90TH ST �' � N ST-46 ssrH sr � �.s � u u ,� I�K� 27 � � — � \'/`� E \, , c � o �� �� ��` � ) f �� �►���A�T�i.� l� 70TH ST (CSAH 2 �j �I -_ ��TH ST � � ! 3 x \ � s�, . � "110TH ST � - � '�� = �9 �\��� I�� � . �� -- _ _ ::: .��: .� �.�.��::.:.:�.�...��...::: ''• �.': .�. �..�..�.. �.�....�.�. ....�'. 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I ll W a c� z z z a � 11-19-13 � CI P PROJ ECTS - 2015 ° 0.5 � 2 3 4Miles Cottage Grove, Minnesota ���! � � w Legend • 2016_ci ps � City boundary — Park and Open Space `:���: Mississippi river - Isd 833 property N W -�,�,� � ���`-� E \�� L P�ll-B1 -�� F�� ' � �J L � 1�_ '�� r � , � „ `� � �� ��,�� ��ND-18 � a INDIAN BLV � � � ���� �� � 3 ,� � n� � � ,� Q � ��� j�� . � �. � Z � � i� � � L � , � 80TH ST . • �L ,.�� �.�'�20 .; , �_�� IL� PM-D2 � �� 95TH ST� JII��,�. � 90TH ST ST-24 70TH ST (CSAH ��.'- pK-28 '. \ � 1��� � ��rH sr j� 80TH ST �� ���� J �. �� � Z����U�,1 � PK-2�asrH�sr � HILLSIDE T$q� ! F'K ' 90�T 90TH ST�� ��I_�� �� _ ,_ . ,ti� � \ � s�, � "110TH ST � . 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'. . . .. ... . . _ I � ...�:.::�: � . �� _ . . . .. . . . .. . .. . . .. .. .. _ .. ... .. — � . ... . . . . .. . . . ... . .. . . . ... ,. . .. .. . .... .. . .... . , . . . . . . . . ....... . . ........ . .. . ... . ... .. . ... .. . ... . . .. . . . . .. .. ... .. . .. ... .. . . . .. _-� .�.�:�� .�..�..�..�� � - � :...;.:. , . .,� � ... :..........�...... .. � : — . . . . ......... , , . ... . � - �. ...:.....,. — �«,� � ;,, >I �.�: ; . � ��:�:�::� �. � �' �'' . .. . .. . . .. ... . .. . .�.....�.�.�.�.�.�.�... � ...... ....... ..........................................:................ � �� !� ( � .� ��� , � � „ � � _ _. ... . . .... .. . . .. . . , .. ..,.,. � CI P PROJ ECTS — 2018 0 0.35 0.� �.4 2.� Z.M;�eS Cottage Grove, Minnesota Post 2018 Post St Paul Park Ravine rcip rap various ravines witnin at raui rarK drainaqe district Post 2018 Post Additional Pavement Mgmt Projects Reconstruction (undecided amounts & locatic Post 2018 Post W Pt Douglas Overlay & Street landscaping 2022 2015 460 Hadley- 65th North to border Complete street reconstrudion Post 2018 Post N of 65th, West of Hinton, & E of Hadley Development 2019 2012 qg7 �enner, Jocelyn, and 79th Street: S of Kingston, pavement Management C3 Reclamation N of 80th 2019 Post 487 S of 70th, N of Indian, W of Joliet, E of Keats Pavement Management C5 Reclamation 2020 Post S of 90th, N of 100th, E of Hadley, pavement Management D1 Reclamation Develo ments exce t Pine Glen Additions S of 90th, N of 100th, E of Hadley, Pine Glen Pavement Management D3 Mill & Overlay 2021 Post Additions S of Kingston, N of 80th, W of Keats, E of 78th Pavement Management C4 Reclamation 2021 Post includin 78th 2022 Post Various Pavement Management F4 Reclamation Post 2018 Post Hamlet Ave. Eutension/Subdivision Extension of Hamlet Avenue and Subdivision Post 2018 Post East Ravine - Various Locations Infrastructure development Post 2018 Post Old Cottage Grove-East of Keats Street reconstruction & new utilities Post 2018 Post Public Works land acquisition Land to be used for Public Works Building Post 2018 Post 65th Street (County Road 74) Reconstruction to 4 Lanes Urban Post 2018 Post 90th Street, Jewel to Keats City share of Reconstrudion (2lanes 1/2 mile Post 2018 Post Lehigh reconstruction Manning to 100th, 100th from Lehigh to Manr Post 2018 Post 95th Street Bridge Phase 2 Extension of 95th Street over railroad Post 2018 Post Grey Cloud Trail, From 103rd north 3030 LF Reconstruction 2019 2013 100th St Reconst Qdeal to 97th St Eut) Street and utility improvements - Phase 2 Post 2018 Post Highway 61 and East Point Douglas Sound wall Post 2018 Post Ice Arena Chiller system conversion from direct to indire Post 2018 Post Ice Arena Replace metal roof Post 2018 Post Ice Arena north/south rink locker rooms furnace replace 2023 Post Pavement Management -Rural Areas Mill and Overlay Projed Post 2018 Post 65th Street from Hinton to Inwood Reconstruction Post 2018 Post 77th Street from Lamar to Manning Repair of roadway Post 2018 Post CSAH 19(Keats) 61 to Border Upgrade to 4 lane w/trails, st. lights, & streetsca e Post 2018 2013 70 TH 61 Monument relocate or construct new monument Post 2018 Post Public Spaces Trash Enclosures Post 2018 Post Oakwood Park Forest Management Post 2018 Post Oakwood Park Disc rehab Post 2018 Post Hamlet Park Trail benches 2019 Post 97 Dog Park Improvements/Land Purchase 2020 new 181 Hamlet Park Expansion Park Development 2020 new 161 Thompson Grove plavfacilitv Park Development 200,000 r�� ��� 2,450,000 2,450,000 585,700 585,700 1,195, 800 1,195,800 1,789,500 1,789,500 892,600 892,600 1,317,700 1,317,700 3,123,500 3,123,500 1,125,000 1,125,000 2,500,000 2,500,000 4,000,000 4,000,000 1,000,000 1,000,000 2,700,000 2,700,000 800,000 800,000 600,000 600,000 5,642,000 5,642,000 800,000 800,000 2,325,000 2,325,000 1,900,000 1,900,000 1,000,000 1,000,000 400,000 400,000 60,000 60,000 2,000,000 2,000,000 795,000 795,000 741,900 741,900 7,000,000 7,000,000 80,000 80,000 10,000 10,000 75,000 75,000 15,000 18,000 18,000 300,000 300,000 2,858,000 2,858,000 900,000 900,000 Last Current Year YearCIP CIP oints Location Descri tion ma Maintenance Re lace New Total Post 2018 Post Gateway Pond Lift Station Lift station to pipe to Hamlet Pond & landscaping 1,000,000 1,000,000 Post 2018 2013 70th Street & hardwood Traffic signal 150,000 150,000 Post 2018 2012 85th StreeUCSAH 19 (City Hall) Traffic signal 250,000 250,000 Post 2018 Post 90th & CSAH 19 Traffic signals 295,000 295,000 Post 2018 Post Jamaica and 80th Street Traffic signals 275,000 275,000 Post 2018 Post Ravine Parkway & Jamaica Traffic signals 295,000 295,000 Post 2018 Post CSAH 19 and Ravine Parkway Traffic signals 305,000 305,000 Post 2018 Post CSAH 19 and East Point Douglas Traffic signals 305,000 305,000 Post 2018 Post 80th & CSAH 19 Traffic signals 285,000 285,000 Post 2018 Post Various LED box replacement 170,000 170,000 Post 2018 Post 100th St Reconst (Hadley to 97th St Ext) Street & utility improvements -Phase 1 899,500 899,500 Post 2018 Post Water Treatment Plant Construct New Plant 15,000,000 15,000,000 Post 2018 Post Industrial Park 1.5 M Water Tower Construdion 3,300,000 3,300,000 Water main from Pinehill School water tower to Post 2018 Post Hadley Avenue Water main Grove water tower or (new water tower) for water 125,000 125,000 to proposed redevelop. Of Cottape Square Mall Post2018 Post EastRavine Newwatertower 4,000,000 4,000,000 Post 2018 Post Well #13 New Well 1,500,000 1,500,000 Post 2018 Post 158 80th Street underground eledric 550,000 550,000 Post 2018 Post 152 90th Street underground eledric 720,000 720,000 Post 2018 Post 151 Jamaica Ave under round elednc 1,675,000 1,675,000 Post 2018 Post 149 Hinton Ave underground eledric 550,000 550,000 Post 2018 Post 146 70th Street underground elednc 2,170,000 2,170,000 Post 2018 Post 139 65th Street under round elednc 1,350,000 1,350,000 Post 2018 Post 100 Auto Salvage abate property 8,000,000 8,000,000 Post 2018 Post 96 Land for Senior Housing purchase land 1,900,000 1,900,000 Post 2018 Post 89 Land for Business Park urchase land 3,000,000 3,000,000 Post 2018 Post E Point Douglas (app;ebees to VFW) Lighting upgraded 800,000 800,000 19,615,450 35,156,200 82,254,000 137,025,650 City of Cottage Grove, MN Capital Improvement Plan 2014-2018 Sealcoating Fund Projected Financial Position 2013 2014 2015 2016 2017 2018 BUDGET ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED V REVENUES Aggregate tax Franchise fees Investment Interest Charges for services Deposit EXPENDITURES Commodities Contractual services Other Financina Sources Total transfers $ 28,000 $ 28,000 $ 28,000 $ 28,000 $ 28,000 $ 28,000 525,100 463,100 463,100 463,100 635,000 635,000 Total Revenue 553,100 491,100 491,100 491,100 663,000 663,000 Total Expenditures 577,246 602,000 602,000 577,246 602,000 602,000 0 S Increase (decrease) in fund balance (24,146) (110,900) (110,900) (110,900) (87,000) (87,000) Balance beginning of year 371,061 346,915 236,015 125,115 14,215 (72,785) Balance end of year 346,915 236,015 125,115 14,215 (72,785) (159,785) Goal 150, 000 150,000 150,000 150, 000 150,000 150,000 City of Cottage Grove, MN Capital Improvement Plan 2014-2018 Stormwater utility Fund Projected Financial Position 2013 2014 2015 2016 2017 2018 ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED � REVENUES Charges for Services Intergovernmental - County/State Interest Miscellaneous EXPENDITURES Operating expenses Pavement Management Annual maintenance projects Oakwood Park ponding Total Revenue Total Expenditures � 641,400 $ 1,000 642,400 c• ��� c�� ��� .: ��� 675,950 $ 1,000 676, 950 399, 635 141,720 226, 770 768,125 711,700 $ 1, 000 712, 700 408,670 100,000 235,570 744,240 718,817 $ 1,000 719,817 410,000 250,000 ..� ��� 726,005 $ 1,000 727, 005 415, 000 250, 000 665, 000 733,265 1, 000 734,265 420,000 250,000 240,000 910, 000 �S�:I�:�yl�l_1�[dl�[�Z�1�1:Zd�� Transfers in Transfers out (30,900) (35,020) (35,020) (35,020) (35,020) (35,020) Total other sources (30,900) (35,020) (35,020) (35,020) (35,020) (35,020) Increase (decrease) in fund balance (73,900) (126,195) (66,560) 24,797 26,985 (210,755) Beginning balance 186,772 112,872 (13,323) (79,883) (55,086) (28,101) Ending balance 112,872 (13,323) (79,883) (55,086) (28,101) (238,856) Goal 400,000 400,000 400,000 400,000 400,000 400,000 City of Cottage Grove, MN Capital Improvement Plan 2014-2018 Water utility Fund Projected Financial Position 2013 2014 2015 2016 2017 2018 ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Charges for Services $ Intergovernmental - County/State Lease revenue Interest Miscellaneous Total Revenue EXPENDITURES �e 2,015,450 $ 2,015,450 $ 2,015,450 $ 2,015,450 $ 2,015,450 $ 2,015,450 360,000 - 70,000 70,000 2,445,450 2,085,450 70,000 70,000 70,000 70,000 2,085,450 2,085,450 2,085,450 2,085,450 Operating expenses 1,534,660 1,538,430 1,567,230 1,598,575 1,630,546 1,663,157 Water meter replacement project 225,000 225,000 225,000 225,000 Well maintenance 70,000 70,000 70,000 70,000 70,000 70,000 Watertowerpainting 765,000 900,000 Pavement management 63,000 20,000 60,290 300,000 100,000 214,200 East Point Douglas phase II 312,000 Total Expenditures 1,892,660 2,618,430 2,822,520 2,193,575 1,800,546 2,259,357 OTHER FINANCING SOURCES (USES) Debt service (263,700) Transfers in 69,400 Transfers out (159,660) (159,660) (159,660) (159,660) (159,660) (159,660) Total other sources (353,960) (159,660) (159,660) (159,660) (159,660) (159,660) Increase (decrease) in fund balance 198,830 (692,640) (896,730) (267,785) 125,244 (333,567) Beginning balance Ending balance 3,611,235 3,810,065 3,117,425 2,220,695 1,952,910 2,078,154 3,810,065 3,117,425 2,220,695 1,952,910 2,078,154 1,744,587 Goal 1, 725, 000 1, 725, 000 1, 725, 000 1, 725, 000 1, 725, 000 1, 725, 000 City of Cottage Grove, MN Capital Improvement Plan 2014-2018 Sewer Utility Fund Projected Financial Position 2013 2014 2015 2016 2017 2018 ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Charges for Service Intergovernmental - County/State Interest Miscellaneous EXPENDITURES Operating Expenses p Pavement Management Sewer sliplining - spot replacement E Point Douglas Rd - Phase II $ 2,243,700 $ 2,246,700 $ 2,246,700 $ 2,291,634 $ 2,337,467 $ 2,384,216 75,000 75,000 75,000 75,000 75,000 75,000 TotalRevenue 2,318,700 2,321,700 2,321,700 2,366,634 2,412,467 2,459,216 2,022,440 2,139,050 2,173,005 2,216,465 2,260,794 2,306,010 227,000 140,860 100,000 300,000 100,000 214,200 50,000 50,000 50,000 50,000 50,000 83,000 Total Expenditures 2,249,440 2,329,910 2,323,005 2,566,465 2,410,794 2,653,210 �S�:I�:�yl�l_1�[dl�[�Z�1�1:Zd�� Transfers in Transfers out (207,800) (181,610) (181,610) (181,610) (181,610) (181,610) Totalothersources (207,800) (181,610) (181,610) (181,610) (181,610) (181,610) Increase (decrease) in fund balance (138,540) (189,820) (182,915) (381,441) (179,938) (375,604) Beginning balance 2,324,072 2,185,532 1,995,712 1,812,797 1,431,356 1,251,418 Ending balance 2,185,532 1,995,712 1,812,797 1,431,356 1,251,418 875,814 Goa I 1, 725, 000 1, 725, 000 1, 725, 000 1, 725, 000 1, 725, 000 1, 725, 000 City of Cottage Grove, MN Capital Improvement Plan 2014-2018 Streetlight utility Fund Projected Financial Position 2013 2014 2015 2016 2017 2018 ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Charges for Services Intergovernmental - County/State Interest Miscellaneous EXPENDITURES Operating expenses N Pavement management Hardwood Streetlights Annual system improvements Jamaica luminaries $ 478,800 $ 481,800 $ 481,800 $ 491,436 $ 501,265 $ 511,290 30,000 30,000 30,000 30,000 30,000 30,000 102,300 207,500 207,500 207,500 207,500 207,500 Total Revenue 611,100 719,300 719,300 728,936 738,765 748,790 525,320 681,294 100,000 Total Expenditures 1,306,614 653, 805 283, 360 350, 000 100, 000 1, 387,165 672,525 685,976 150,000 200,000 100, 000 100, 000 500,000 1,422,525 985,976 699,695 713,689 100,000 214,200 100, 000 100, 000 899, 695 1, 027, 889 �S�:I�:�yl�l_1�[dl�[�Z�1�1:Zd�� Transfers in Transfers out (53,700) (45,850) (45,850) (45,850) (45,850) (45,850) Total other sources (53,700) (45,850) (45,850) (45,850) (45,850) (45,850) Increase (decrease) in fund balance (749,214) (713,715) (749,075) (302,890) (206,780) (324,949) Beginning balance Ending balance 2,415,907 1,666,693 952,978 203,903 (98,987) (305,767) 1,666,693 952,978 203,903 (98,987) (305,767) (630,716) Goa I 1, 665, 000 1, 665, 000 1, 665, 000 1, 665, 000 1, 665, 000 1, 665, 000 City of Cottage Grove, MN Capital Improvement Plan 2014-2018 PARK IMPROVEMENT FUND (515) Projected Financial Position 2013 2014 2015 2016 2017 2018 ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED $ $ $ $ $ REVENUES CeIlTowerLeases I nte rest Tax levy Total Revenue EXPENDITURES Lamar park building Remodel Hamlet park building Remodel hearthside building Remodel Lamar Park Water Filtration Hamlet Park- Develop Park & skateboard repair Granada Park- Remove tennis courts, regrade, trail Par�y properties - Surveying & installation of posts Swimming Pool - demolish & backfill Arbor Meadows - install irrigation Woodridge Park- move ballfield fencing Kingston Park- playground remodel Hamlet Park- regrade football/soccerfields Woodridge Park- Park building Pine Glen & Old Cottage Grove Parks - Play equipment Dog Park- Improvements/Land Purchase Hamlet Park Expansion Thompson Grove play facility Total Expenditures OTHER FINANqNG SOURCES (U: Transferto Pavement Management Total other sources Increase (decrease) in fund balance Beginning balance Ending balance Goal - 360,000 360,000 - 1,118 4,429 30,000 30,000 361,118 364,429 32,750 45,000 14,640 10,000 408,000 45,000 20,000 20,000 360,000 360,000 3,343 5,407 363,343 365,407 360,000 8,861 368,861 17,000 20,000 20,000 100,000 20,000 375,000 70,000 92,390 30,000 473,000 157,000 20,000 445,000 (42,900) (42,900) - - - - - (105,290) 331,118 (108,571) 206,343 345,407 (76,139) 217,091 111,801 442,919 334,348 540,692 886,099 111,801 442,919 334,348 540,692 886,099 809,960 - 180,000 180,000 180,000 180,000 180,000 Ci[y of Co[[age Grove, MN Capi[al Improvemen[ Plan 2014-2018 PARK TRUST FUND (570) Projec[ed Financial Posi[ion ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Intergovernmental 4,000 Park Dedication Fees 41,990 249,186 SOQ000 20Q000 20Q000 20Q000 20Q000 10Q000 10Q000 Interest 2,334 735 Donations Miscellaneous- Refunds & Reimbursements 11,384 Total Revenue 59,708 249,921 SOQ000 20Q000 20Q000 20Q000 20Q000 10Q000 10Q000 EXPENDITURES Miscellaneous 13,340 iQ190 Highland Splash pad 511,354 157 Reverse prior years park dedication TIF 1-10 15,784 iQ224 Land purchase Mississippi dunes trail iQ269 Michaels Pointe Trail 7,480 Sunny Hill Park 11Q450 11,566 Horton - East Ridge woods park 25,710 10Q000 Ravine meadows park 100,000 Parks- masterplanning 23,984 15,000 Michaels Pointe Park (Ryland plat) 40Q000 Ravine Parkway Park 400,000 Hamlet Park North Enhancement 225,000 Inclusive playground 350,000 Camel's Hump Park- develop &trails 31Q000 East Ravin�Central Neighborhood Park 1,100,000 Total Expenditures 68Q392 74,116 615,000 - 625,000 35Q000 31Q000 - 1,10Q000 OTHER FINANqNG SOURCES (USES) Transfer from General Fund 64,700 64,700 64,700 Totalothersources 64,700 64,700 64,700 - - - - - - Increase (decrease) in fund balance (563,984) 24Q505 (SQ300) 20Q000 (425,000) (i5Q000) (11Q000) 10Q000 (1,OOQ000) Beginning balance Ending balance 637,498 73,514 314,019 263,719 463,719 38,719 (111,281) (227,281) (127,281) 73,514 314,019 263,719 463,719 3Q719 (111,281) (227,281) (127,281) (1,127,281) Goal 10Q000 10Q000 10Q000 10Q000 10Q000 10Q000 10Q000 10Q000 10Q000 City of Cottage Grove, MN Capital Improvement Plan 2014-2018 MUNICIPAL BUILDING FUND (525) Projected Financial Position 2013 2014 2015 2016 2017 2018 2019 2020 ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED $ $ $ $ $ REVENUES Propertytaxes 569,234 500,000 500,000 500,000 500,000 510,000 505,000 505,000 Additionallevy 30,000 200,000 200,000 200,000 tower rental - PW Tower 15,204 15,000 15,000 15,000 15,000 15,000 15,000 15,000 M iscel la neo us 53, 079 Total Revenue 667,517 515,000 715,000 715,000 715,000 525,000 520,000 520,000 EXPENDITURES PSCH final expenses Fire station and PW expenses PW equipment mezzanine PVB'concrete for salt shed Public Safety Training Facility Fire Station #2 Total Expenditures 124,141 60, 638 30,000 30,000 300,000 2,000,000 7, 000, 000 184,779 - 360,000 2,000,000 - 7,000,000 - - Other Financing Sources (uses) Bond proceeds Transfer out for interfund loan Transfer from General Fund Total other sources Increase (decrease) in fund balance Beginning balance Adjustment to interfund loan Ending balance (524, 359) (524, 359) (41,621) 1,614,032 (519,777) (519,777) (4,777) 837.411 2, 000, 000 (515,193) (510,610) (506,029) (515,193) 1,489,390 (506,029) (160,193) 204,390 208,971 832,634 672,441 876,831 7, 000, 000 (511,447) (506,864) 6,488,553 (506,864) 13, 553 13,136 1, 085, 802 1, 099, 355 (502,281) (502, 281) 17,719 1,112,491 837,411 832,634 672,441 876,831 1,085,802 1,099,355 1,112,491 1,130,210 Goal 500,000 1,000,000 1,500,000 2,000,000 2,500,000 2,500,000 2,500,000 2,500,000 City of Cottage Grove, MN Capital Improvement Plan 2014-2018 MSACONSTRUCTION FUND Projected Financial Position 2013 2014 2015 2016 2017 2018 ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Municipal State Aid Construction funds $ special assessments Intergovernmental - County/State developerfees Interest Miscellaneous 124,564 Total Revenue 4,327,588 1,556,607 6,370,833 1,572,936 2,125,000 18,917,000 2,332,246 $ 1,400,000 $ 131,778 125,000 1,739,000 31,607 1,400,000 125,000 2,400,000 2,410,000 35, 833 $ 1,400,000 $ 1,400,000 $ 125,000 125,000 47,936 .�� ��� 1,400,000 125, 000 10,549,000 6,843,000 EXPENDITURES Professional services-miscellaneous CR 70/19 Ravine parkway & 85th Hinton ave resurfacing East Point Douglas (walmart) 95th Street rehab Ravine parkway Phase 3 Pavement Management F2 Reclamation Ev�vood 4th & 73rd to 70th Jamaica Ave - 70th to Military Jamaica Ave - 70th to Military roundabout Hadley Avenue street work 90th - 100th Ravine Parkway, Phase 4 E Pt Douglas/Ravine Pkwy to CSAH 19 80th Street (CSAH19 to TH 61) Reclamation CSAH 19 and TH 61 100th St eMension to CR19 WPD Extension to CR19 Jamaica Ave -90th to 70th 70th & Hardwood Total Expenditures 7, 831 759, 460 10, 955 1,756,439 1,739,000 86, 075 1,000,000 125,600 134,000 4,900,000 225,000 2,500,000 3,000,000 8,000,000 3,500,000 4,359,760 1,134,000 5,250,600 3,000,000 6,000,000 4,000,000 3,000,000 8,000,000 500,000 1,000,000 24,500,000 OTHER FINANqNG SOURCES (USES) Bond Proceeds 1,839,968 910,000 Transfers in 313,580 90,000 395,000 Transfers out Totalothersources 2,153,548 - 90,000 - - 1,305,000 Increase (decrease) in fund balance 2,121,376 422,607 1,210,233 (1,427,064) (3,875,000) (4,278,000) Beginning balance Ending balance 1,039,357 3,160,733 3,583,340 4,793,574 3,366,509 (508,491) 3,160,733 3,583,340 4,793,574 3,366,509 (508,491) (4,786,491) Goal 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 City of Cottage Grove, MN Capital Improvement Plan 2014-2018 PAVEMENT MANAGEMENT FUND Projected Financial Position 2013 2014 2015 2016 2017 2018 ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED $ $ $ $ $ REVENUES MSA special assessments SWWD Interest Miscellaneous Total Revenue EXPENDITURES PM 2013 - C1 & C2 PM 2014 - F1 PM 2015 - F2 PM 2016 - B1 $PM 2016 - D2 PM 2017 - F3 PM 2018 - F5 PM 2019 - C3 PM 2019 - C5 PM 2020 - D1 Total F�penditures 1, 009, 252 100,000 408,390 548,640 1,657,892 408,390 7,633,380 14,000 3,025,800 351,390 493,050 351,390 493,050 2,902,900 2,220,600 1,431,500 330,510 433,755 330,510 433,755 Revenue over Expenditures OtherFinancing Sources�uses) Bond proceeds Transfers from park funds Transfers from MSA fund Transfers from utility funds Totalothersources Increase (decrease) in fund balance Beginning balance Ending balance Goal (this fund should break even) 2,448,300 3,213,000 7,647,380 3,025,800 2,902,900 3,652,100 2,448,300 3,213,000 (5,989,488) (2,617,410) (2,551,510) (3,159,050) (2,117,790) (2,779,245) 5,633,389 2,031,470 2,015,620 2,359,050 1,817,790 2,136,645 42,900 125,600 506,206 585,940 410,290 800,000 300,000 642,600 6,182,495 2,617,410 2,551,510 3,159,050 2,117,790 2,779,245 193,007 - (193,007) - - - - - City of Cottage Grove, MN Capital Improvement Plan 2014-2018 Water Area Fund Projected Financial Position 2013 2014 2015 2016 2017 2018 ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Developerfees $ 235,210 $ 150,000 $ 150,000 $ 150,000 $ 150,000 $ 150,000 Special Assessments 10,736 10,000 10,000 10,000 10,000 10,000 Intergovernmental - County/State Interest Miscellaneous Total Revenue 245,946 160,000 EXPENDITURES � East Ravine infrastructure development ' Jamaica Ave - 70th to Military 95th Street Phase 1 Extension 100, 000 160, 000 160, 000 Miscellaneous 16,600 CR 70/19 25,128 Well #12 150,000 1,500,000 Total Expenditures 41,728 100,000 143,600 - 150,000 1,500,000 OTHER FINANCING SOURCES Bond Proceeds Transfers in Transfers out Total other sources Increase (decrease) in fund balance Beginning balance Ending balance 204,218 60,000 160, 000 160, 000 100, 000 30, 000 13, 600 16,400 160,000 10,000 (1,340,000) 2,629,501 2,833,719 2,893,719 2,910,119 3,070,119 3,080,119 2,833,719 2,893,719 2,910,119 3,070,119 3,080,119 1,740,119 Goal 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000 City of Cottage Grove, MN Capital Improvement Plan 2014-2018 Sewer Area Fund Projected Financial Position 2013 2014 2015 2016 2017 2018 ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Developerfees $ 208,297 $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 Special Assessments 18,446 15,000 15,000 15,000 15,000 15,000 Intergovernmental - County/State Interest Miscellaneous Total Revenue 226,743 EXPENDITURES � East Ravine infrastructure development �' Jamaica Ave - 70th to Military Miscellaneous 10, 779 215, 000 150, 000 215,000 215,000 215,000 215,000 150, 000 30, 000 Total Expenditures 10,779 150,000 180,000 - - - OTHER FINANCING SOURCES Debt Service - principal & interest Transfers in (289,440) (291,215) (287,727) (288,978) (289,877) (295,340) �r.3�r.3i� -�ra�.nrr�F�:��e[y=F�s��Ny=F�:r���=F�:�:�r[:�=F�:��:rn=F��'�ci[�� Increase (decrease) in fund balance (73,476) (226,215) (252,727) (73,978) (74,877) (80,340) Beginning balance (461,804) (535,280) (761,495) (1,014,222) (1,088,200) (1,163,077) Ending balance (535,280) (761,495) (1,014,222) (1,088,200) (1,163,077) (1,243,417) Goal 1, 500, 000 1, 500, 000 1, 500, 000 1, 500, 000 1, 500, 000 1, 500, 000 City of Cottage Grove, MN Capital Improvement Plan 2014-2018 REVENUES Developerfees Special Assessments Intergovernmental - County/State Interest Miscellaneous Total Revenue EXPENDITURES East Ravine infrastructure development � Jamaica Ave - 70th to Military " 95th Street Phase 1 Extension 80th St Box Culvert Gateway pond Miscellaneous MS dunes 4th Stormwater basin Storm Water Area Fund Projected Financial Position 2013 2014 2015 2016 2017 2018 ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED 332,195 $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 7,964 5,000 5,000 5,000 5,000 5,000 �� 340,159 205,000 150,000 368,581 4,660 50,670 33,008 205,000 205,000 205,000 205,000 150,000 30,000 6,500 Total Expenditures 456,919 150,000 186,500 - - - OTHER FINANCING SOURCES Bond Proceeds Transfers in (out) Total other sources - Increase (decrease) in fund balance (116,760) 55,000 18,500 205,000 205,000 205,000 Beginning balance 2,150,050 2,033,290 2,088,290 2,106,790 2,311,790 2,516,790 Ending balance 2,033,290 2,088,290 2,106,790 2,311,790 2,516,790 2,721,790 Goal 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000 Fu[ure General Levyversus Debt Servire Levy Impact Tax Capacity Estimated (actual ffirough 2013) (3%increase after 2014) GeneralLevies General Fund Levy 3% Increase after 2014 MVHC unallotment EDA Levy 2% Increase after 2015 Ire Arena Levy (now part of debt levy) Park shelter/ playground equipment/ landscape initiative Building replacement/interfund loan after 2013 Fu[ure Debt Reduction/ Pavement Management Total General Levies General Levies Tax Rate %increase Debt Levies Existing debt Debt servire increase mitigation New PM debt new PS/CH debt Total debt servire Debt ServiceTax Rate %increase Gross Levy (General Levies and Debt Levies) Fiscal Disparities/TIF Net Levy Total Tax Rate Assumptions: Tax Capacity increare 2%after 2014 General Fund Budget S% Increase per year Taxes Paid by Average Value Home Taxes Paid Taxable Market Value %Change City Taxes Paid MV HC reduction Net City Taxes Paid 2009 2010 2011 2012 2013 2014 30,445,931 28,]D,814 26,665,455 24,496,0]S 22,6W,801 24,054,151 10,338,000 1Q213,300 10,345,100 10,929,100 10,86],000 11,265,030 - 584,000 584,000 - - - 119,000 106,000 106,000 106,000 108,100 108,100 100,000 - - - 30,000 - - - - - 30,000 500,000 100,400 - - - - - 10,69,400 10,903,300 11,035,100 11,035,100 11,035,100 11,8]3,130 1.44h 2.31h 1.21h O.00h O.00h ].59h 0.28]6 0.3090 0.3359 0.363] 0.396] 0.G006 -26]% ].56% 8.58% 82]% 9.08% 0.98% 1,661,600 1,251,]00 859,]SO 59,945 S]4,550 496,000 12],500 - 346,400 - - 0 - - 14],805 81,600 330,000 0 - - 500,400 SS0,000 - 1,]89,100 1,251,]00 1,206,150 1,206,150 1,206,150 826,000 0.0588 0.0G36 0.0G52 0.0092 0.053G 0.0303 4.26% -25.85% 3.81% 8.86% 83]% -3564% 12,446,500 12,155,000 12,241,250 12,241,250 12,241,250 12,699,130 1,900,610 2,015,]82 2,0]8,0]] 2,126,696 2,06],66] 2,23],549 10,545, 890 10,139, 218 10,163, ll3 10,114,554 10, ll3, 583 10,461,581 0.69% -3.86% 024% -0.48% 0.58% 283% 0.3a6G 0.3529 0.3811 0.G129 0.G501 0.G309 -1.56% 1.89% ].99% 834% 9.00% -33]% 243,900.00 228,000.00 20],400.00 205,000.00 188,600.00 196,100.00 -0.16% -652% -9.04% -1.16% -8.00% 3.98% 845 80] ]94 ]]1 ]56 ]6] (58) (64) (�1) ]8] ]43 ]23 ]]1 ]56 ]6] -1.8]% -S.SO% -2J0% 6.58% -1.95% 1.46% 121 0 90 0 93 0 101 0 110 0 ]1 0 84 2015 2016 201] 2018 2019 2020 2021 2022 24,]]6,000 25,519,000 26,285,000 D,0]4,000 2],886,000 28,]23,000 29,585,000 30,4]3,000 11,648,924 11,998,392 12,358,343 12,]29,094 13,110,96] 13,SW,296 13,909,424 14,326,]0] 108,100 110,300 ll2,500 114,800 1ll,100 119,400 121,800 124,200 530,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 12,28],024 12,608,692 12,9]0,843 13,343,894 13,]28,06] 14,123,696 14,531,224 14,950,90] 3.49h 2.62h 2.8]h 2.88h 2.88h 2.88h 2.89h 2.89h 0.G056 0.G06G 0.G083 0.G102 0.G121 0.G138 0.G155 0.G1]2 L26% 0.20% 0.48% 0.46% 0.45% 0.43% OA2% 0.40% 845,500 9]8,000 1,W8,]86 1,145,093 1,20],593 1,312,013 1,36],013 1,423,013 81,000 ]0,]86 96,30] 62,500 1W,420 SS,000 56,000 ]0,000 926,500 1, W8,]86 1,145,093 1,20],593 1,312,013 1,36],013 1,423,013 1,493,013 0.03]G 0.0a11 0.0G36 0.0aG6 0.00]0 0.00]6 0.0a81 0.0090 8.90% 9.90% 6.00% 238% 5.48% 1.16% 1.06% 1.86% 13,213,524 13,69,4]8 14,115,936 14,551,48] 15,040,080 15,490,]09 15,954,23] 16,443,920 2,23],549 2,23],549 2,23],549 2,23],549 2,23],549 2,23],549 2,23],549 2,23],549 10,9]5,9]S 11,419,929 11,8]8,38] 12,313,938 12,802,531 13,253,160 13,]16,688 14,206,3]1 492% 4.W% 4.01% 3.6]% 3.9]% 352% 3.50% 3.9% 0.GG30 O.AG]5 0.G519 0.G5G8 0.G591 0.G61G 0.G636 0.G662 1.86% 1D2% 0.98% 0.65% 0.94% 0.50% 0.48% 0.55% 198,100.00 1.02h ]93 ]93 3.34h ]] 0 200,100.00 1.01 h 815 815 2.88h 84 0 202,100.00 1.00 h 838 838 2.80h 90 0 2 W,100.00 0.99 h 858 858 2.38h 92 0 206,100.00 0.98h 881 881 26]% 9] 0 20$200.00 1.02h 901 901 2.21 h 98 0 210,300.00 1.01 h 920 920 2.lSh 99 0 212,400.00 1.00 h 940 940 2.19h 101 85