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HomeMy WebLinkAbout2015-12-21 PACKET 06.6.STAFF REPORT CASE: CP2015-048 ITEM: 6.6 PUBLIC MEETING DATE: 12/21/15 TENTATIVE COUNCIL REVIEW DATE: 1/6/16 APPLICATION APPLICANT: City of Cottage Grove REQUEST: A comprehensive plan amendment to amend the Capital Improvement Program (CIP) 2016-2020. SITE DATA LOCATION: N/A ZONING: N/A GUIDED LAND USE: N/A LAND USE OF ADJACENT PROPERTIES: CURRENT NORTH: EAST: N/A SOUTH: WEST: SIZE: N/A DENSITY: NIA RECOMMENDATION Approval. GUIDED Cottage COTTAGE GROVE PLANNING DIVISION � Grove +ere Pride and P,ozPeeity Mee[ Planning Staff Contact: Robin Roland, Finance Director; 651-458-2832, rroland(a cottage-grove. org Application Accepted:. 60 -Day Review Deadline: City of Cottage Grove Planning Division • 12800 Ravine Parkway South • Cottage Grove, MN 55016 Planning Staff Report CIP 2016-2020 — Case No. CP 2015-048 December 21, 2015 Proposal On an annual basis, the City updates its five-year Capital Improvement Plan (CIP). In addition to being a guide for capital spending decisions, the CIP is an element of the City's Comprehensive Plan. For this reason, the annual update of the CIP is also an amendment to the Comprehensive Plan, which requires a public hearing by the Planning Commission. Overview of CIP The CIP is a planning document, intended to provide an estimate of capital needs and funding Projects included in the plan must still be authorized by the City Council to proceed to construction Capital improvements include land acquisition and construction of public buildings, parks, streets, and utilities. A capital improvement is defined as any expenditure greater than $15,000 with a useful life of five years or more. The CIP lists planned capital improvements for the years 2016 through 2020. The CIP also identifies funding sources for each project. For the 2016-2020 period, a total $108.1 million in capital projects are planned. A goal of the CIP process is to balance the amount of capital spending on an annual basis. This creates a more predictable demand on staff resources and creates consistency in capital funding. In most CIP's, the first two years serve as a work plan of projects ready to be implemented. Based on financial happenings with the economy, the City may at its discretion choose to delay or post- pone projects to adjust to current conditions. Project Summary The summary document of the CIP as prepared by the Finance Department is attached. Recommendation That the Planning Commission find that the 2016-2020 Capital Improvement Plan is consistent with the City's Comprehensive Plan and that the City Council approve the document. Prepared by: Robin Roland, Finance Director Jennifer Levitt, Community Development Director/City Engineer City of Cottage Grove Capital Improvements Plan 2016-2020 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 forwhich 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 $20.2 million for 2016 of which $6 million is related to the 2016 Pavement Management/801 Street resurfacing project and $5 million is related to infrastructure improvements related to development. This document covers the period from 2016 to 2020, but we have included the 2015 projects from last year's CIP for reference. If a project identified in last year's CIP as a 2015 project will not be started in 2015, it has been reflected in 2016 or later. The document is organized by the funding sources of the improvement project. Over the next five years $108.1 million in projected improvements have been identified. Included in this $108.1 million is $24.7 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. The majority of the projects identified as beyond 2020 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 reflected a significant change due to City Council revised prioritization of projects. After a review of over 60 projects totaling $107 million, projects were classified as "Mandatory" "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 beyond 2018 while funding was concentrated on the shorter term. The 2016-2020 CIP continues this prioritization. 2016-2020 CIP Introduction Comparison of total funding by year to last years CIP 2016 2017 2018 2019 total 16-18 2016-2020 CIP $ 20,183,269 $ 17,820,320 $ 24,747,950 $ 15,984,060 $ 78,735,599 2015-2019 CIP $ 13,288,550 $ 32,662,800 $ 12,546,000 $ 41,343,200 $ 99,840,550 Difference ('15 to'16) $ 6,894,719 $ (14,842,480) $ 12,201,950 $ (25,359,140) $ (21,104,951) 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. 66) 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 2015 was 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 be scaled back to maintain fund integrity in those years. An increase in franchise fees to their pre -agreement level was approved effective February 1, 2016. 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 Utility (p. 67) 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 2016 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 occurred in 2014 and 2015; another five percent will occur in 2016 bringing the annual rate to $56 to support funding of these commitments. Water Utility (p. 68) The major water utility fund improvement in 2015-2016 was the repainting of two water towers at a cost of $1.3 million. Further included in the fund are costs for pulling one well for maintenance purposes each year at $70,000 and the utility portion of pavement management projects, totaling $748,000 in the next 5 years. 2016-2020 CIP Introduction The CIP also identifies a "Meter replacement program" which began in 2013 at a cost of $225,000 per year for five 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. Sanitary Sewer Utility (p. 69) The sanitary sewer utility includes $1.5 million in projects to be completed in the next five years, mostly projects completed along with pavement management projects. Street Light Enterprise (p. 70) 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 Proiect Fund (p. 71) In 2013, 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. This revenue source will fund a total of over $650,000 in park and playground renovations over the next five years. Park Trust (p. 72) 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. Projects will be delayed if revenues are not available Municipal Building Fund (p. 73) 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. Subsequent to the completion of the PS/CH construction project, needs assessments for renovation of Fire Station #2 will be funded from this fund. MSA Construction Fund (p. 74) The construction of new streets and the rehabilitation of existing streets in the Pavement Management Program as well as other street reconstruction projects make up the vast majority of Capital Improvement Projects. Funding for these projects come from Municipal State Aid (MSA), Developer Charges and Special Assessments. 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 2015; 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: 2016-2020 CIP Introduction 2016 951h St Extension Street, reconstruction 928,000 2016 80th Street phase 1 Reclamation 1,100,000 2016 Hadley Avenue Street work -90th to 100th 3,015,000 2016 Jamaica Ave at 701h Street work 950,000 2017 65th Street Street 2,400,000 2017 701h & Hardwood Intersection 750,000 2018 80th Street Phase 2 Reclamation 390,000 2018 Ravine Parkway, Phase 3&4 Street, Upper Ravine 4,000,000 2018 70th & Hardwood Safety 1,000,000 2018 Bridge maintenance Bridge maintenance 100,000 2019 E Pt Douglas to CSAH 19 Phase 2 Cottage View 303,000 2020 CSAH 19 and TH 61 Bridge/Overpass improvement 4,000,000 2020 Ravine Parkway Phase 5 Street Upper Ravine 1,000,000 2020 80th Street Phase 3 Reclamation 650,000 Total $20,586,000 Pavement Management Fund (p.75) 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. The Pavement Management projects included in the next five years total $8.6 million, of which $3.6 million would be assessed to benefiting property owners and $7.3 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 $2.5 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. Funding Location Total Assessments Debt Other [2016 D2 -Hadley, W of Harkness, F3, F5 4,464,300 1,781,000 3,675,500 788,800 17 B1, F3 -Jamaica Ridge, 80th place & Sandy Hills 5 2,013,300 906,000 1,754,300 259,000 2019 F5 -Pine Meadows9,3,4,5 & Sandy Hills 7,8 2,147,000 966,300 1,870,800 276,200 8,624,600 3,653,300 7,300,600 1,324,000 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 $2.5 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. 2016-2020 CIP Introduction Water Area Fund (p. 76) 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 2019. 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 2020 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. Sanitary Sewer Area Fund (p. 77) 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. 78) There are no projects identified in the Storm Water Area Fund from 2016-2020. 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 $20.7 million of projects identified beyond 2020. Debt Schedule (p. 80) 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 Tax Capacity 2012 2013 2014 2015 2016 Actual tax Base $ 24,496,075 $ 22,684,800 $ 23,990,640 $ 27,165,777 $ 27,981,000 %Change -8.1% -7.4% 5.8% 13.2% 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 2016, that percentage will be 0.78%. 2016-2020 CIP Introduction 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 2016 and 2017 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 2016-2020 PROJECTS BY PROGRAM CATEGORY PROGRAM CATEGORY 2015 2016 2017 2018 2019 2020 General Public Buildings HERO Center 2,920,000 16,880,000 Fire Station #2 10,000 450,000 9,000,000 General Public Buildings total 10,000 3,370,000 9,000,000 16,880 000 Parks & Recreation Facilities Matching grant funds 10,000 10,000 10,000 10,000 10,000 10,000 Public Landscape initiative 50,000 55,000 50,000 50,000 50,000 50,000 Volunteer tree planting 5,000 5,000 5,000 52000 5,000 5,000 Hamlet Park - Develop Park & skateboard repair 220,000 188,000 10,000 10,000 10,000 10,000 Hamlet Park North Enhancement 225,000 Granada Park - Remove tennis courts, regrade, trail 50,000 Park properties - Surveying & installation of posts 20,000 17,000 Cedarhurst meadows park development 100,000 100,000 Arbor Meadows - install irrigation & playground. 20,000 40,000 Kingston Park- playground remodel 100,000 Pine Glen & Old Cottage Grove Parks - Play equipment 70,000 Pine Tree. Valley Park - Play equipment 50,000 Woodridge Park - Park building 285,000 Oakwood park - entrance and parking lot 360,000 Parks - design & planning 15,000 15,000 15,000 15,000 15,000 15,000 Michaels Pointe Park (Ryland plat) 400,000 "Old Cottage Grove Park" Ice rink boards replacement 17,000 Ravine Parkway Park 400,000 Inclusive playground 750,000 Camel's Hump Park - develop & trails 470,000 Swanlund Park 500,000 Parks & Recreation Facilities 1,175,000 920,000 840,000 385,000 1,447,000 140 000 Public Utilities Facilities Spot replacement/slip lining - Sewer 50,000 50,000 50,000 50,000 350,000 50,000 System improvements - Streetlights 100,000 100,000 100,000 - 100,000 100,000 100,000 Storm water maintenance 250,000 250,000 250,000 250,000 250,000 250,000 Swanlund utilities 20,000 20,000 20,000 20,000 20,000 Upper Ravine district infrastructure 50,000 50,000 100,000 100,000 100,000 500,000 Water Meter Replacement project 206,250 206,250 225,000 Pull well - annual maintenance 70,000 70,000 70,000 70,000 70,000 70,000 Bridge Maintenance 100,000 Repaint interior & exterior of Water tower 730,000 Well #12 150,000 1,500,000 Public Utilities Facilities total 1,456,250 746,250 815,000 840,000 2,390 000 990,000 City of Cottage Grove, MN Capital Improvement Plan 2016-2020 PROJECTS BY PROGRAM CATEGORY PROGRAM CATEGORY 2015-- 2016 2017 2018 2019 2020 Street & Road Improvement Projects 95th Street Extension 1,263,200 Hadley Avenue street work 90th - 100th 3,475,800 Jamaica Ave - 70th to Military with roundabout 3,800,000 Everwood 4th & 73rd to 70th Hemingway N of 95th 303,784 E Pt Douglas/Ravine Pkwy to CSAH 19 8,000,000 80th Street (CSAH19 to TH 61) Reconstruction 1,590,733 1,892,950 3,520,600 CSAH 19 and TH. 61 22,900,000 CSAH 19 & E Pt Douglas intersection safety improvements 600,000 Jamaica & 95th Traffic control 250,000 70th Street (in three phases) 750,000 1,000,000 65th Street 3,200,000 Ravine parkway Phase 3, 4 , 5 4,000,000 1,000,000 PM 2015 - F2, 90th St, Grey Cloud 6,433,000 PM 2016 - D2, F3, F5 4,464,286 PM 2017 - F3, B1, EPD 2,013,320 PM 2019 - El a, F% 2,147,060 PM 2026 - E2a, E Pt Douglas Rd Sealcoating projects 388,100 553,000 602,000 750,000 750,000 750,000 Road & Street Improvement projects total 7,124,884 15 147 019 7,165,320 6 642 950 12 147,060 28 170,600 GRANDTOTAL $ 9,766,134 $ 20,183,269 $ 17,820,320 $ 24,747,950 $ 15,984,060 $ 29,300,600 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM FACILITIES AND PARK PROJECTS Funding Sources 9,750,000 2016 1,357,000 2017 10,000 2018 10,000 2019 2020 Tax Levy $ - $ - $ - $ - $ - Bonded Debt $ 360,000 $ 9,000,000 $ 3,540,000 $ - $ -. State/Other Government Units $ 2,920,000 $ - $ 13,340,000 $ - $ - Parklmprovementfund $ 385,000 $ 20,000 $ 90,d00 $ 77,000 $ 70,000 Park Trust Fund $ 115,000 $ 365,000 $ 240,000 $ 1,315,000 $ 15,000 Landscape Initiative $ 60,000 $ 55,000 $ 55,000 $ 55,000 $ 55,000 Municipal Building Fund $ 4.50,000 $ - $. - $ - $ - Other: $ - $ 400,000 $ - $ - $ TOTAL 4,290,000 9,840,000 17,265,000 1,447,000 140 000 Project Expenses 2016 2017 2018 2019 2020 Land/Easements 1,160,000 - - - - Engineering/Architect 2,242,000 15,000 15,000 15,000 15,000 Admin/Legal Construction Maintenance Other TOTAL 808,000 9,750,000 17,175,000 1,357,000 50,000 10,000 10,000 10,000 10,000 10,000 70,000 65,000 65,000 65,000 65,000 4,290,000 9,840,000 17,265,000 1,447,000 140,000 Project Balance $ - $ - $ - $ - $ TOTAL 2,920,000 16,880,000 Project Expenses 2016 2017 2018 2019 2020 Land/Easements 1,160,000 Engineering/Architect 1,760,000 Admin/Legal Construction Maintenance Other 16,880,000 TOTAL 2,920,000 - 16 880 000 Project Balance $ - $ - $ $ $ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description HERO Center This project is a joint effort between the City of Cottage Grove, Inver Hills Community College, Regions Hospital and City of Woodbury. Initial funding for planning was approved by the State Legislature in 2014. Department Facilities Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt 3,540,000 State/Other Government Units 2,920,000 13,340,000 Park Improvement fund Park Trust Fund Landscape Initiative - Municipal Building fund Other: TOTAL 2,920,000 16,880,000 Project Expenses 2016 2017 2018 2019 2020 Land/Easements 1,160,000 Engineering/Architect 1,760,000 Admin/Legal Construction Maintenance Other 16,880,000 TOTAL 2,920,000 - 16 880 000 Project Balance $ - $ - $ $ $ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Fire Station #2 Reconstruction/Remodeling of Fire Station #2. Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt 9,000,000 State/Other Government Units Park Improvement fund Park Trust Fund Landscape Initiative Municipal Building 450,000 Other: TOTAL 450,000 91000,000 0 0 0 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering/Architect 450,000 Admin/Legal Construction 9,000,000 Maintenance Other TOTAL 450,000 9,000,000 0 0 0 Project Balance $ $ $ $ $ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM 2016 - Arbor Meadows & West Point Douglas Road 2017 - Pine Tree Valley/Pine Tree Parks & 90th Street 2018 - CG Trailway Corridor & Jamaica 100th to Triangle park 2019 - Hinton Ave, 70th to Woodbury border & Oakwood Park 2020 - Hardwood Ave btwn 70th & 80th & Public Facilities Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State/Other Government Units Park Improvement fund Park Trust Fund Landscape Initiative Municipal Building Other. TOTAL 60,000 55,000 55,000 55,000 55,000 60,000 55,000 55,000 55,000 55,000 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering/Architect Admin/Legal Construction Maintenance Other 60,000 55,000 55,000 55,000 _ 55,000 TOTAL 60,000 55,000 55,000 55,000 55,000 Project Balance $ $ $ $ - $ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Title Project Description sign and Planning Funding for design and planning of parks as development occurs. Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State/Other Government Units Park Improvement fund Park Trust Fund 15,000 15,000 15,000 15,000 15,000 Landscape Initiative Municipal Building Other: TOTAL 15,000 15,000 15,000 15,000 15,000 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering/Architect 15,000 15,000 15,000 15,000 15,000 Admin/Legal Construction Maintenance Other TOTAL 15,000 15,000 15,000 15,000 15,000 Project Balance $ $ $ $ - $ - CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Title Project Description I Funds Program Funds used to match donations from outside organizations on specific park projects Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State/Other Government Units Park Improvement fund Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 Project Expenses 2016 2017 _ 2018 2019 2020 Land/Easements Engineering/Architect Admin/Legal Construction Maintenance Other TOTAL 10,000 10,000 10,000 10 000 10,000 10,000 10,000 10,000 10,000 12,000 Project Balance $ $ $ $ $ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM & post installation Phase V of surveying and installing park identification posts. Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State/Other Government Units Park Improvement fund 17,000 Park Trust Fund Landscape Initiative Municipal building Other: TOTAL 17,000 - Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering/Architect 17,000 Admin/Legal Construction Maintenance Other TOTAL 17,000 Project Balance $ - $ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET LU -Ib -LULU I..MF'J IML IIVIYf uvCivICIV I rrRV MM Title Project Description d Park Re -align parking lot entrance and regrade/replace parking lot (in conjunction with development of the hotel site N of Ruby Tuesday) Funding Sources Tax Levy Bonded Debt State/Other Government Units Park Improvement fund Park Trust Fund Landscape Initiative Municipal building Other: TOTAL 2016 360,000 2017 2018 2019 2020 360,000 0 0 0 0 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering/Architect Admin/Legal Construction 360,000 Maintenance Other TOTAL 360,000 0 0 0 0 Project Balance $ $ - $ - $ - $ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Hamlet Park 2016- Park development & skateboard repair 2017- Regrade football/soccer fields & skatepark improvements 2018 - North park enhancement & skatepark improvements Department 2019- skatepark improvements Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State/Other Government Units Park Improvement fund Park Trust Fund Landscape Initiative Municipal building Other: TOTAL 188,000 10,000 10,000 10,000 10,000 225,000 188,000 10,000 235,000 10,000 10,000 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering/Architect Admin/Legal Construction 178,000 225,060 Maintenance 10,000 10,000 10,000 10,000 10,000 Other TOTAL 188,000 10,000 235,000 10,000 10,000 Project Balance $ - $ - $ - CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM A Title Project Description Meadows 2016 - install irrigation 2019 - playground (with Pavement Management) Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State/Other Government Units Park Improvement fund 20,000 40,000 Park Trust Fund Landscape Initiative Municipal building Other: TOTAL 20,000 - 0 0 40,000 0 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering/Architect Admin/Legal Construction 20,000 40,000 Maintenance Other TOTAL 20,000 0 0 40,000 0 Project Balance $ $ $ $ - $ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project description Granada Park Remove tennis courts, re -grade field, install trail, bocce ball ct. Department Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State/Other Government Units Park Improvement fund 50,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL Land/Easements Engineering/Architect Admin/Legal Construction Maintenance Other TOTAL Project Balance 50,000 0 0 0 0 2016 2017 50,000 2018 2019 2020 50,000 0 0 0 0 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Title Project Description Playground =.nt 2016 Kingston Park 2018 - Pine glen & Old Cottage Grove Parks hent 2020 - Pinetree Valley Park Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State/Other Government Units Park Improvement fund 100,000 70,000 50,000 Park Trust Fund Landscape Initiative Municipal .building Other: TOTAL 100,000 0 70,000 0 50,000 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering/Architect Admin/Legal Construction 100,000 70,000 50,000 Maintenance Other TOTAL 100,000 0 70,000 0 50,000 Project Balance $ $ - $ $ $ - CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Inclusive Playground Develop and Construct'Inclusive' playground: designed for accessibility by all children - special needs and those with physical and cognitive disabilities. Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt StatelOther Government Units Park Improvement fund Park Trust Fund 350,000 Landscape Initiative Municipal Building Other: Donations 400,000 TOTAL 0 750,000 0 0 0 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Eng ineering/Architect Admin/Legal Construction Maintenance Other 750,000 TOTAL 0 750,000 0 0 0 Project Balance $ $ - $ $ $ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Title Project Description s Point Park Construction of park as part of Michaels Point residential development Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State/Other Government Units Park Improvement fund Park Trust Fund Landscape Initiative Municipal building Other: 400,000 TOTAL - - - 400,000 - Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering/Architect Admin/Legal Construction 400,000 Maintenance Other TOTAL - - - 400,000 Project Balance $ - $ - $ - $ $ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Description Replace ice rink boards in "Old Cottage Grove" park Sources 2016 2017 2018 2019 2020 Tax Levy Bonded. Debt State/Other Government Units Park Improvement fund 17,000 Park Trust Fund Landscape Initiative Municipal building Other: TOTAL 0 0 0 17,000 0 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering/Arch itect Admin/Legal Construction 17,000 Maintenance Other TOTAL 0 0 0 17,000 0 Project Balance $ $ - $ $ $ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Description Park develop and construct park Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State/Other Government Units Park Improvement fund Park Trust Fund 400,000 Landscape Initiative Municipal Building Other: TOTAL 0 0 0 400,000 0 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering /Architect Admin/Legal Construction 400,000 Maintenance Other TOTAL 0 0 0 400,000 0 Project Balance $ $ - $ - $ - $ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Swanland Park Construction of park in Swanland property development Department Parks Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State/Other Government Units Park Improvement fund Park Trust Fund Landscape Initiative Municipal Building fund Other: 500,000 TOTAL 0 0 0 500,000 0 Project Expenses 2016 2017 2018 2019. 2020 Land/Easements Engineering/Architect Admin/Legal Construction Maintenance Other 500,000 TOTAL 0 0 0 500,000 0 Project Balance $ $ $ $ $ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 9016-2020 CAPITAL IMPROVEMENT PROGRAM Complete development of the western side of Cedarhurst Meadows Park (Cayden Glen) Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State/Other Government Units Park Improvement fund Park Trust Fund 100,000 Landscape Initiative Municipal builiding Other: TOTAL 100,000 0 0 0 0 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering/Architect - Admin/Legal Construction 100,000 Maintenance Other TOTAL 100,000 0 0 0 0 Project Balance $ $ - $ - $ - $ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM ALL TRANSPORTATION AND PUBLIC WORKS PROJECTS Funding Sources Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area funds Utility funds Assessments/Developer fees Other: TOTAL 2016 2017 2018 2019 2020 15,873,270 7,960,320 7,462,950 14,517,060 29,140,600 Project Expenses 2016 Land/Easements/UOlity Relocat $ - $ Engineering/Architect $ 2,704,705 $ Admin/Legal $ 3,826,304 $ 2,554,280 $ 1,259,400 $ 2,780,815 $ 2,417,600 $ 5,992,109 $ 3,150,000 $ 4,490,000 $ 1,303,000 $ 5,650,000 $ 1,600,000 $ 350,000 $ - $ 641,000 $ 8,150,000 $ - $ - $ - $ - $ 10,033,000 $ 140,000 $ 100,000 $ 250,000 $ 1,600,000 $ 500,000 $ 2,166,431 $ 954,040 $ 713,550 $ 1,566,245 $ 923,000 $ 1,595,426 $. 250,000 $ - $ 5,876,000 $ 717,000 $ 553,000 $ 602,000 $ 750,000 $ 750,000 $ 750,000 15,873,270 7,960,320 7,462,950 14,517,060 29,140,600 Project Expenses 2016 Land/Easements/UOlity Relocat $ - $ Engineering/Architect $ 2,704,705 $ Admin/Legal $ 287,382 $ Construction $ 11,994,933 $ Maintenance $ 886,250 $ Other $ - $ TOTAL 2017 2018 2019 2020 - $ 150,000 $ - $ 500,000 352,330 $ 370,000 $ 377,810 $ 616,130 79,095 $ 40,360 $ 84,250 $ 138,300 6,743,895 $ 6,322,590 $ 13,185,000 $ 27,316,170 785,000 $ 580,000 $ 870,000 $ 570,000 - S - S - R - 15,873,270 7,960,320 7,462,950 14,517,060 29,140,600 Project Balance $ - $ 0 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM 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 surface has been placed and after their first sealcoating on a seven year rotation. New streets within developments are incorporated into the plan as they are added to the system. The purpose of sealcoatfng 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 oortion of the costs are assessed to the adiacent oroneriv owners. Funding Sources 2016 2017 2016 2019 2020 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area funds Utility funds Assessments/Developer fees Other: sealcoat fund TOTAL 553,000 602,000. 750,000 750,000 750,000 553,000 602,000 750,000 750,000 750,000 2016 2017 9 2020 Land/Easements Engineering Admin/Legal 43,000 Sealcoating Contract/Rock 300,000. 512,000 640,000 650,000 650,000 Maintenance 210,000 90,000 110,000 100,000 100,000 Other TOTAL 553,000 602,000 750,000 750,000 750,000 Project Balance $ - $ - $ - $ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Pavement Mana ement Department Public Works Funding Sources Project Description 2016 - D2, F3, F5 (S of Pinehill Elementary, N of 95th, E of Hadley, W of and including Harkness) 2017 - F3,B1 2018 - See 80th Street Project 2019- E1 a, F5 2020 - See 80th Street Project 2016 2017 2018 2019 2020 Tax Levy Bonded Debt 3,675,502 1,754,280 1,870,815 State of Minnesota/MSA Washington County Federal/Grant Funding Area funds - tltilityfunds 788,784 259,040 276,245 Assessments/Developer fees Other: TOTAL 4,464,286 2013 320 0 2,147,060 0 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering 964,858 352,330 377,810 Admin/Legal 183,782 79,095 84,250 Construction 3,315,646 1,581,895 1,685,000 Machinery & equipment Other TOTAL 4,464,286 2,013,320 0 2,147,060 0 Project Balance $ - $ 0 $ - $ - $ - CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description 95th St Extension - Phase I Construction of three lane section from Hadley Avenue to Mississippi Dunes Blvd Inlcudes 50% of the cost of construction of a roundabout at 95th and Hadley Developer fees, although reflected in 2016, will be collected as phases of the development are built out. Department (assume an 8 year build out) Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State of Minnesota/MSA 928,007 Washington County Federal/Grant Funding Area funds Utility funds Assessment/Developer Fees 335,193 , Other: TOTAL 1,263,200 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering 378,960 Admin/Legal Construction 884,240 Machinery & equipment Other TOTAL 1,263,200 - Project Balance $ $ - $ $ $ Public Avenue - 90th to 100th Sources Tax Levy Bonded Debt State of Minnesota/MSA Washington County FederaVGrant Funding Area funds Utility funds Assessment/Developer Fees Other: TOTAL CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET :tlights & stormwater improvements, Also includes the cost of construction of a roundabout at 90th & Hadley and 50% of the cost of construction of a dabout at 95th and Hadley 2016 2017 2018 2019 3,015,567 460,233 2020 3,475,800 0 0 0 0 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering 1,042,740 Admin/Legal Construction 2,433,060 maintenance Other TOTAL 3,475,800 0 0 0 0 Project Balance $ $ $ $ $ Avenue (70th to CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Upgrade to MSA roadway to accommodate development. Once completed, roadway will be turned back to Washington County. Project includes construction of roundabout at Jamaica and 70th, upgraded streetlights and Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State of Minnesota/MSA 950,000 Washington County 1,600,000 Federal/Grant Funding Area funds 90,000 Utility funds 360,000 Assessments/Developer fees 800,000 Other: TOTAL 3,800,000 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering Admin/Legal Construction 3,800,000 Machinery & equipment Other TOTAL 3,800 000 Project Balance $ $ $ $ - $ U CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Title Project Description set Reconstruction 80th Street reconstruction from Hwy 61 to Keats Avenue *2016 - Jamaica to Ideal *2018 - Keats to Jamaica Tau Levy lent forks *2020 - Ideal to Hwy 61 Funding Sources 2016 '2017 2018 2019 2020 Tau Levy Bonded Debt 150,802 1,259,400 2,417,600 State of Minnesota/MSA 1,098,535 390,000 650,000 Washington County 1,211,987 1,482,590 2,766,170 Federal/Grant Funding Area funds Utility funds 341,397 243,550 453,000 Assessment/Developer Fees Other: TOTAL 1,590,734 0 1,892,950 0 3,520,600 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering 318,147 370,000 616,130 Admin/Legal 60,600 40,360 138,300 Construction 1,211,987 1,482,590 2,766,170 Machinery & equipment Other TOTAL Project Balance 1,590,734 0 1,892,950 0 3,520 600 Title Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET Description 2018 - Phase3 & 4 Construciton - McHattie/Wolterstorff 2020 - Phase 5 Construction Gobs[ (divided section) 6 2017 2018 4,000,000 2019 2020 1,000,000 Area funds Utility funds AssessmenUDeveloper Fees Other: TOTAL 0 0 4,000,000 0 1,000,000 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering Admin/Legal Construction 4,000,000 1,000,000 Machinery & equipment Other TOTAL 0 0 4,000,000 0 1,000000 Project Balance $ $ - $ - $ $ Ravine District CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM As residential development occurs in the East Ravine, various infrastructure will be constructed to support the new housing. This infrastructure will be paid for by developers either through City financed construction supported by assessments or by Developer constructed of same. construction of a Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area funds 50,000 100,000 100,000 100,000 500,000 Utility funds Assessments/Developer funds Other: TOTAL 50,000 100,000 100,000 100,000 500,000 Project Expenses 2016 2017 2018 2019 2020 Land/Easements 500,000 Engineering Admin/Legal Construction 50,000 100,000 100,000 100,000 Machinery & equipment Other TOTAL 50,000 100,000 900,000 100,00o 500,000 Project Balance $ - $ $ - $ - $ - meter replacement CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM t of 1500 water meters per year at a cost of $135 per meter. Project was 2013. Contracted services (labor and meters) Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area funds Utility funds 206,250 225,000 Assessment/Developer Fees Other: TOTAL 206,250 225,000 0 0 0 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering _ Admin/Legal Construction Machinery & equipment 206,250 225,000 Other TOTAL 206,250 225,000 0 0 0 Project Balance $ $ - $ - $ $ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET CSAH 19 and TH 61 Reconstruction/realignment of bridge/overpass over highway 61 at County Rd 19 (Innovation Road) Project includes extension of West Point Douglas Road, Extension of 100th Street, reconstruction Department of West Point Douglas from Belden to Jamaica and a potential slip lane. Public Works 2017 - Intersection control at County Rd 19 and East Point Douglas Road. Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State of Minnesota/MSA 4,000,000 Washington County 350,000 8,150,000 Federal/Grant Funding 10,033,000 Area funds Utility funds Assessment/Developer Fees 250,000 717,000 Other: TOTAL 0 600,000 0 0 22,900,000 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering Admin/Legal Construction 600,000 22,900,000 Machinery & equipment Other TOTAL 0 600,000 0 0 22.900,000 Project Balance $ $ - $ - $ - $ - CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description East Point Douglas Road - Ravine Parkway to CR 19 Construction of roadway and infrastructure to support Phase 11 of the CottageView retail/commercial development Project would include reroute of frontage road to a new access point off of County Road 19 with appropriate traffic signal. Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt 910,000 State of Minnesota/MSA 303,000 Washington County 516,000 Federal/Grant Funding Area funds Utility funds Assessment/Developer Fees Other: TOTAL 395,000 5,876,000 8,000,000 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering Admin/Legal Construction Machinery & equipment Other TOTAL Project Balance � 8,000,000 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET well maintenance Each year a well is 'pulled' for inspection and repair of the pump and other vital parts. Public Works Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area funds Utility funds 70,000 70,000 70,000 70,000 70,000 Assessment/Developer Fees Other: TOTAL 70,000 70,000 70,000 70,000 70,000 Project Expenses 2016 2017 2018 2019 2020 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 $ $ $ $ $ Project Title Annual sewer line CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM 2019 - Repairs to sewer line due to sulfuric gas pipe degradation in West Central Ravine Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area funds Utility funds 50,000 50,000 50,000 350,000 50,000 Assessment/Developer Fees Other: TOTAL 50,000 50,000 50,000 350,000 50,000 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering Admin/Legal Construction Maintenance Other TOTAL Project Balance 50,000 50,000 50,000 350,000 50,000 50,000 50,000 50,000 350,000 50,000 Title Department CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET Description Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area funds Utility funds 100,000 100,000 100,000 100,000 100,000 Assessment/Developer Fees Other: TOTAL 100,000 100,000 100,000 100,000 100,000 Project Expenses 2016 2017 2018 2019 2020 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 $ $ - $ - $ $ - construct Well #12 Sources Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area funds Utility funds Assessment/Developer Fees Other: TOTAL CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Description 2016 2017 2018 2019 150,000 1,500,000 2020 0 0 150,000 1,500,000 0 Project Expenses 2016 2017 2018 2019 2020 Land/Easements 150,000 Engineering Admin/Legal Construction 1,500,000 maintenance Other TOTAL Project Balance 0 0 150,000 1,500,000 0 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET zv iv-cvcv umri Ir L uvwrmuvcivicry i Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area funds Utility funds 250,000 250,000 250,000 250,000 250,000 Assessment/Developer Fees Other: TOTAL 250,000 250,000 250,000 250,090 250,000 Project Expenses 2016 2017 2018 2019 2020 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 $ $ $ - $ $ - CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title water to Minnesota Pipeline Facility Sanitary from Hamlet Park to Swenlund Property Department Funding Sources 2016. 2017 2018 2019 2020 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area funds 20,000 .20,000 20,000 20,000 20,000 Utility funds Assessment/Developer Fees Other: TOTAL 20,000 20,000 20,000 20,000 20,000 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering Admin/Legal Construction 20,000 20,000 20,000 20,000 20,000 maintenance Other TOTAL 20,000 20,000 20,000 20,000 20,000 Project Balance $ - $ $ $ - $ - CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Title Project Description 7aintenance Spot painting, guardrail upgrades, wingwall & abutment repairs Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State of Minnesota/MSA 100,000 Washington County Federal/Grant Funding Area funds Utility funds AssessmenUDeveloper Fees Other: TOTAL 0 0 100,000 0 0 2016 2017 2018 2019 Land/Easements Engineering Admin/Legal Construction 100,000 maintenance Other TOTAL 0 0 100,000 0 0 Project Balance $ $ $ - $ $ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM pct Title Project Description Street 2017- Phase I TH 61 to Hinton Ave 2019 - Phase II Hinton Ave to Jamaica Ave 2021 - Phase III CSAH 19 to TH 95 Funding Sources 2016 2017 2018 2019 2020 Tax Levy Banded Debt State of Minnesota/MSA 750,000 1,000,000 Washington County Federal/Grant Funding Area funds Utility funds Assessment/Developer Fees Other. TOTAL 0 750,000 0 1,000 000 0 Project Expenses _ 2016 2017 2018 2019 2020 Land/Easements Engineering Admin/Legal Construction 750,000 1,000,000 maintenance Other TOTAL 0 750,000 0 1,000,000 0 Project Balance $ $ $ - $ $ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET Project Title Project Description 65th St I Infrastructure improvements due to the construction of a Middle School at 65th and Sources Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area funds Utility funds Assessment/Developer Fees Other: 2016 2017 800,000 2,400,000 TOTAL 3,200,000 2018 2019 2020 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering Admin/Legal Construction 3,200,000 Machinery & equipment Other TOTAL 3,200,000 Project Balance $ $ $ $ $ Title CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Jamaica & 95th Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area funds Utility funds Assessments/Developer fees Other: 125,000 125,000 TOTAL 0 0 0 250,000 0 Project Expenses 2016 2017 2018 2019 2020 Land/Easements Engineering Admin/Legal Construction 250,000 Machinery & equipment Other TOTAL 0 0 0 250,000 0 Project Balance $ - $ - $ - $ - $ Q O O O O V O W r fn M O N N 0 h 0 0 0 O N0 OCOO N'O M VFW a ammo OO coh O O h M M W M M M V W N M W V rN V MD)'d'M OMM W Mtq W d_ Is OrI V'-`NN(n C6 C6 c-M(VN N O O o O O h ONO O t0 (fl W W O O h p 000 (0O O'd'OO W h WO am N o00 ' <t OHO P')'nO W N4- W O , O W 0I W N W a n v o m W O O O N W h O O N O M M h 0 W O CO W O W M M O N W ' O W r M O M V M O O Co r 0 0 M I� W p V OCT Cn Cl N COs=Nr-7NrN N � a N 0 0 0 0 0 0 M N W O M W M M O O c l M N h 0 0 O 0 0 0 0 0 0 M! r W [t O M M W W O O ' W CV 000�001��li (V M V W h000 COO N IStj cl d0' V m OO M n 06 O W W VW" W I N M1 r Nr CUM r-�--7N O F 000 O o W O O M W W N O O O O O O O O O O L O O h h O 0 0 0 ' O " O W O O h O W O O (O W O -Mn DI h C t) r O O h It M� O h r Cl) r COO. 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R 'd' U C .RO A Q a> R R R O m >' N UI W O` N N N U Orn N N W oO N 3� N "JO W a N N C m ud u C v Q U) C� W W� O W 0 2 2 W O m F = m W Future General Levy versus Debt Service Levy Impact 2010 2011 2012 2013 2014 Tax Capacity Estimated (actual through 2015) 28,727,814 26,665,455 24,496;075 22,684,801 23,990,640 (3% Increase after 2016) General Levies General Fund Levy 3% Increase after 2015 10,797,300 10,929,100 10,929,100 10,867,000 11,265,030 Public Safety/City Hall interiund loan 550,000 EDA Levy 2% Increase after 2017 106,000 106,000 106,000 108,100 108,100 Park shelter/ playground equipment/ landscape initiative - - - 30,000 - Buildingreplacement/interfund loan after 2013 - - - 30,000 500,000 Future Debt Reduction/ Pavement Management - - 648,205 - - Total General Levies 10,903,300 11,035,100 11,683,305 11,585,100 11,873,130 3.28% 1.21% 5.87% -0.84% 2.49% General Levies Tax Rate 0.3094 0.3359 0.3901 0.4196 0.4016 %increase 757% 8.58% 16.14% 7.54% -4.27% Debt Levies , Existing debt 1,251,700 859,750 557,945 574,550 496,000 Debt service increase mitigation - 346,400 - - New PM debt - - - 81,600 330,000 Total debt service 1,251,700 1,206,150 557,945 656,150 826,000 Debt Service Tax Rate 0.0436 0.0452 0.0228 0.0289 0.0344 %increase -25.90% 3.81% -49.65% 26.99% 19.03% Gross Levy (General Levies and Debt Levies) 12,155,000 1.2,241,250 12,241,250 12,241,250 12,699,130 Fiscal Disparittes/TIF 2,015,782 2,078,077 2,126,696 2,067,667 2,237,549 Net Levy 10,139,218 10,163,173 10,114,554 10,173,583 10,461,581 0.49% 0.24% -0.48% 0.58% 2.83% Total Tax Rate 0.3529 0.3811 0.4129 0.4485 0.4361 6.50% 7.99% 8.34% 8.61% -2.77% Assumptions: Tax Capacity increase 2% after 2014 General Fund Budget 5% Increase per year Taxes Paid by Average Value Home Taxes Paid Taxable Market Value 228,000.00 207,400.00 204,000.00 187,800.00 196,100.00 %Change -6.52% -9.04% -1.64% -7.94% 4.42% City Taxes Paid 807 794 767 754 772 MVHCreduction (64) (71) - - Net City Taxes Paid 743 723 767 754 772 -5.53% -2.70% 6.02% -1.69% 2.39% 90 0 93 0 47 0 59 0 71 0 2015 2016 2017 2018 2019 2020 2021 2022 2023 27,165,777 27,999,915 28,840,000 29,705,000 30,596,000 31,514,000 32,459,000 33,433,000 34,436,000 11,915,100 12,569,300 12,946,379 13,334,770 13,734,813 14,146,858 14,571,264 15,008,402 15,458,654 111,500 111,500 113,700 116,000 118,300 120,700 123,100 125,600 128,100 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 12,526,600 13,180,800 13,560,079 13,950,770 14,353,113 14,767,558 15,194,364 75,634,002 16,086,754 5.50% 5.22% 2.88% 2.88% 2.88% 2.89% 2.89% 2.89% 2.90% 0.3821 0.3977 03992 0.4008 0.4022 0.4037 DA051 0.4064 0.4077 -4.87% 4.08% 0.39% 0.38% 0.37% 0.36% 0.35% .0.33% 0.32% 875,500 890,000 1,487,157 1,779,135 1,594,991 1,981,442 2,242,216 2,490,221 2,726,411 195,671 191,727 282,031 205,774 192,005 236,190 116,265 875,500 890,000 1,682,828 1,970,862 1,877,022 2,187,216 2,434,221 2,726,411 2,842,676 0.0322 0.0318 0.0584 0.0663 0.0613 0.0694 0.0750 0.0815 0.0825 -6.40% -L37% 83.57% 13.71% -7.53% 13.13% 8.05% 8.74% 1.23% 13,402,100 14,070,800 15,242,907 15,921,632 16,230,135 16,954,774 17,628,585 18,360,413 18,929,430 2,146,936 2,046,134 2,046,134 2,046,134 2,046,134 2,046,134 2,046,134 2,046,134 2,046,134 11,255,164 - 12,024,666 13,196,773 13,875,498 14,184,001 14,908,640 15,582,451 16,314,279 16,883,296 7.59% 6.84% 9.75% 5.14% 2.22% 5.11% 4.52% 4.70% 3.49% 0.4143 0.4295 0.4576 0.4671 0.4636 0.4731 0.4801 0.4880 0.4903 -4.99% 3.65% 6.55% 2.08% -0.75% 2.05% 1.48% 1.65% 0.47% 219,800.00 222,000.00 224,200,00 12.09% 1.OD% 0.99% 879 873 951 879 873 951 13.86% -0.64% 8.88% 66 0 65 0 120 0 226,400.00 228,700.00 231,000.00 233,300.00 235,600.00 0.98% 1.02% 1.01% 1.00% 0.99% 988 995 1033 1065 1100 988 995 1033 1065 1100 3.85% 0.78% 3,78% 3.12% 3.25% 136 0 126 0 143 0 154 0 168 0 238,000.00 1.02% 1117 1.57% 170