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Home My WebLink About2016-01-06 PACKET 04.K. REQUEST OF CITY COUNCIL ACTION COUNCIL AGENDA MEETING ITEM # DATE 01/06/16 . PREPARED BY: Finance Robin Roland ORIGINATING DEPARTMENT DEPARTMENT HEAD * * � :� � � * � * * * * * * * * * * � * * * * * * * * � � * � * * * * * * * * * * * * * * * * * COUNCIL ACTION REQUEST: Consider adoption of the 2016-2020 Capital Improvement Plan STAFF RECOMMENDATION: Adopt the 2p16-2020 Capital Improvement Plan BUDGET IMPLICATION: BUDGETED AMOUNT ACTUAL AMOUNT ADVISORY COMMISSION ACTION: DATE REVIEWED APPROVED DENIED � PLANNING 12/21/15 � � ❑ ❑ PUBLIC SAFETY ❑ ❑ ❑ ❑ PUBLIC WORKS ❑ ❑ ❑ ❑ PARKS AND RECREATION ❑ ❑ ❑ ❑ HUMAN SERVICES/RIGHTS ❑ ❑ ❑ ❑ ECONOMIC DEV. AUTHORITY ❑ ❑ ❑ ❑ ❑ ❑ ❑ SUPPORTING DOCUMENTS: � MEMO/LETTER: � RESOLUTION: ❑ ORDINANCE: ❑ ENGINEERING RECOMMENDATION: ❑ LEGAL RECOMMENDATION: � OTHER: 2016-2020 CIP ADMINISTRATORS COMMENTS: , ,� .� ;, � �� t ' `� + 'r �� -�5 , � City Adminis ra or Date * * * * * * � � * * * * * * * * � * * � * * * * * * � * * * * * * * * * * * * * * � * * * * � * H:\Council itemslcouncil-action template.docx Cottage Grove �here Pride and ProsPerity Meet To: Mayor and City Council Members Charlene Stevens, City Administrator From: Robin Roland, Finance Director Date: December 30, 2015 Subject: Consider Adoption 2016-2020 Capital Improvement Plan and a resolution adopting an amendment to the Comprehensive Plan 2030 to incorporate the CIP Introduction The 2016-2020 Capital Improvement Plan (CIP) is attached for Council consideration. Discussion The attached document is based on conversations with the City Council during the course of the 2016/2017 budget discussion and subsequent to two workshops this fall regarding prioritization of capital projects. The 2016-2020 CIP includes Pavement Management projects, Park Development and Improvement projects, municipal facility and joint public safety facility projects, as well as road projects resulting from commercial and residential development. The Planning Commission held a public hearing on the CIP at their December 21, 2015 meeting. This public hearing is required for amendment of the City's Comprehensive Plan, which includes the CIP. Excerpts from the minutes of that meeting are included with this memo. The 2016- 2020 CIP was approved unanimously. The first two years (2016 and 2017) of the CIP document function as the "work plan" for city capital projects, however, all projects are brought to the Council prior to feasibility reports, acquisition or construction. For 2016, the CIP includes $20.2 million in projects as follows: HERO Center $2,920,000 Fire Station #2 450,000 Matching grant funds 10,000 Public Landscape initiative 55,000 Volunteer tree planting 5,000 Hamlet Park- Develop Park & skateboard repair 188,000 Granada Park- Remove tennis courts, regrade, trail 50,000 Park properties - Surveying & installation of posts 17,000 Cedarhurst meadows park development 100,000 Arbor Meadows - install irrigation & playground 20,000 Kingston Park- playground remodel 100,000 Oakwood park- entrance and parking lot 360,000 Parks - design & planning 15,000 Spot replacement/slip lining - Sewer 50,000 System improvements - Streetlights 100,000 Storm water maintenance 250,000 Swanlund utilities 20,000 Upper Ravine district infrastructure 50,000 Water Meter Replacement project 206,250 Pull well - annual maintenance 70,000 95th Street Extension 1,263,200 Hadley Avenue street work 90th - 100th 3,475,000 Jamaica Ave - 70th to Military with roundabout 3,800,000 80th Street (CSAH19 to TH 61) Reconstruction 1,590,733 PM 2016 - D2, F3, F5 4,464,286 Sealcoating projects 553,000 $20,183,269 Action Requested Approve the 2016-2020 Capital Improvement Plan and adopt the resolution amending the Comprehensive Plan 2030 to incorporate the CIP. EXCERPT FROM UNAPPROVED MINUTES OF THE DECEMBER 21, 2015, PLANNING COMMISSION MEETING 6.6 Capital Improvement Program 2016-2020 — Case CP2015-048 The City of Cottage Grove has applied for a comprehensive plan amendment to amend the Capital Improvement Program (CIP) for 2016-2020. Continued from November 23, 2015, Planning Commission meeting, Roland summarized the staff report. Olsen explained why the improvements to 80th Street are being done in a piecemeal fashion, which is to reconstruct the portions of 80th Street that will be impacted by ongoing development later to prevent damage from heavy truck traffic and to be cognizant of the debt load. Roland recommended approval of the comprehensive plan amendment. Rostad asked how much of the HERO Center funding would the City bonded for. Roland responded that the majority of the funding for the HERO Center will come from the State because it is a regional facility. She stated that the $3.2 million in the CIP is a placeholder and is based on a percentage of the estimated project cost. Cottage Grove will share the cost of the center with the City of Woodbury, Inver Hills Community College, and Regions Hospital. Olsen stated that the HERO Center will be a profit center for the City. Roland noted that as a revenue center, it will be a potential source of the bond repayment. Fox asked if 80th Street is a county road. Roland responded no. Brittain noted that there is an area on the road improvement project map that was constructed in 1995 and is scheduled for reconstruction in 2028, and asked about plans to maintain that roadway over the next 13 years. Roland stated that the general operating budget should have funds to cover the costs of thin overlays for those delayed projects. The City has the manpower and machinery in the budget to do thin overlays on those roadways to heighten the level of maintenance and sustainability until they are part of a pavement management project. Brittain asked if there would be any assessments involved with the thin overlay. Roland answered no. Olsen provided information on the thin overlay process. Brittain opened the public hearing. No one spoke. Brittain closed the public hearing. Brittain made a motion to approve the amendment to the CIP 2016-2020. Fox seconded. Motion passed unanimously(8-to-0 vote). RESOLUTION NO. 2016- RESOLUTION APPROVING A COMPREHENSIVE PLAN AMENDMENT TO THE CITY'S COMPREHENSIVE PLAN 2030 TO INCORPORATE THE CAPITAL IMPROVEMENTS PLAN WHEREAS, THE City of Cottage Grove has prepared an amendment to the implementation element of the City's Comprehensive Plan 2030 for the Capital Improvements Plan (CIP) 2016-2020; and WHEREAS, the Planning Commission held a public hearing on December 21, 2015; and WHEREAS, the public hearing was opened for public testimony and not written or verbal testimony was received; and WHEREAS, the Planning Commission unanimously found that the 2016- 2020 CIP is consistent with the City's Comprehensive Plan 2030. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Cottage Grove, County of Washington, State of Minnesota, hereby approves the amendment to the Implementation Element of the City's Comprehensive Plan 2030 to adopt the 2016-2020 Capital Improvement Plan (CIP). Passed this 6th day of January 2016. Myron Bailey, Mayor Attest: Joe Fischbach, City Clerk 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 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$20.2 million for 2016 of which $6 million is related , to the 2016 Pavement Management/80th 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 �omparison of total funding by year to last years CIP 2016 2017 2018 2019 total16-18 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('15to'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 Utilitv (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. Sanitarv Sewer Utilitv (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 Liqht 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 Project 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 projecfis 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 95'h St Extension Street, reconstruction 928,000 2016 80th Street phase 1 Reclamation 1,100,000 2016 Hadle Avenue Street work-90th to 100th 3,015,000 2016 Jamaica Ave at 70'" Street work 950,000 2017 65th Street Street 2,400,000 2017 70'h & Hardwood Intersection 750,000 2018 80th Street Phase 2 Reclamation 390,000 2018 Ravine Parkwa , Phase 3&4 Street, Upper Ravine 4,000,000 2018 70th & Hardwood Safet 1,000,000 2018 Brid e maintenance Brid e 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 Parkwa 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. Fundin Location Total Assessments Debt Other 2016 D2-Hadley, W of Harkness, F3, F5 4,464,300 1,781,000 3,675,500 788,800 2017 B1, F3-Jamaica Ridge, 80t"place&Sandy Hills 5 2,013,300 906,000 1,754,300 259,000 2019 F5-Pine Meadows1,3,4,5 & 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 thafi 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 %Challge -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 5,000 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 replacemenUslip lining-Sewer 50,000 50,000 50,000 50,000 350,000 50,000 System improvements-Streetiights 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 Puil weil-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 E�ension 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,C3 2,013,320 PM 2019-E1a 2,147,060 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 GRAND TOTAL $ 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 2016 2017 2018 2019 2020 Tax Levy $ - $ - $ - $ - $ _ Bonded Debt $ 360,000 $ 9,000,000 $ 3,540,000 $ - $ - State/Other Government Units $ 2,920,000 $ - $ 13,340,000 $ - $ - Park Improvement fund $ 385,000 $ 20,000 $ 90,000 $ 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 $ 450,000 $ - $ - $ - $ - Other: $ - $ 400,000 $ - $ - $ - TOTAL 4,290,000 9,840,000 17,265,000 1,447,000 140,000 ProjectExpenses 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 808,000 9,750,000 17,175,000 1,357,000 50,000 Maintenance 10,000 10,000 10,000 10,000 10,000 Other 70,000 65,000 65,000 65,000 65,000 TOTAL 4,290,000 9,840,000 17,265,000 1,447,000 140,000 Project Balance $ - $ - $ . $ . $ _ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Titie 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 Department Legislature in 2014. 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 - - ProjectExpenses 2016 2017 2018 2019 2020 Land/Easements 1,160,000 Engineering/Architect 1,760,000 Admin/Legal Construction 16,880,000 Maintenance Other 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 Fire Station#2 Reconstruction/Remodeling of Fire Station#2. Department Facilities Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt 9,000,000 State/Other Government Units Park Improvement fund Park Trusf Fund Landscape Initiative Municipal Building 450,000 Other: TOTAL 450,000 9,000,000 0 0 0 ProjectExpenses 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 Project Title Project Description � Public Landsca e initiative 2016-Arbor Meadows&West Point Douglas Road 2017-Pine Tree Valley/Pine Tree Parks&90th Street Department 2018-CG Traiiway Corridor&Jamaica 100th to Triangle park Parks 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 60,000 55,000 55,000 55,000 55,000 Municipal Building Other: TOTAL 60,000 55,000 55,000 55,000 55,000 ProjectExpenses 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 Project Title Project Description Park Desi n and Piannin Funding for design and planning of parks as development occurs. Department Parks 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 Buiiding Other: TOTAL 15,000 15,000 15,000 15,000 15,000 ProjectExpenses 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 Project Title Project Description Matchin Funds Pro ram Funds used to match donations from outside organizations on specific park projects Departrnent Parks Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State/Other Government Units Park Improvement fund 10,000 10,000 10,000 10,000 10,000 Park Trust Fund Landscape Initiatiue Municipal Building Other: TOTAL 10,000 10,000 10,000 10,000 10,000 ProjectExpenses 2016 2017 2018 2019 2020 Land/Easements Eng ineering/Architect Admin/Legal Construction Maintenance Other 10,000 10,000 10,000 10,000 10,000 TOTAL 10,000 10,000 10,000 10,000 10,000 Project Balance $ - $ - $ - $ - $ - CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Park survey&post instailation Phase V of surveying and installing park identification posts. Department Parks 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 - - - - ProjectExpenses 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 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Titie Project Description Oakwood Park Re-align parking lot entrance and regrade/replace parking lot (in conjunction with development of the hotel site N of Ruby Tuesday) Department Parks Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt 360,000 State/Other Government Units Park Improvement fund Park Trust Fund Landscape Initiative Municipal building Other: TOTAL 360,000 0 0 0 0 ProjectExpenses 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 CA_PITAL 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 Parks- 2020-skate ark im rovements Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State/Other Government Units Park Improvement fund 188,000 10,000 10,000 10,000 10,000 Park Trust Fund 225,000 Landscape Initiative Municipal building Other: TOTAL 188,000 10,000 235,000 10,000 10,000 ProjectExpenses 2016 2017 2018 2019 2020 Land/Easements Engineering/Architect Admin/Legal Construction 178,000 225,000 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 CAPI7AL IMPROVEMENT PROGRAM Project Title Project Description Arbor Meadows 2016-install irrigation 2019-playground(with Pavement Management) Department Parks 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 ProjectExpenses 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 bail ct. Department Parks 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 50,000 0 0 0 0 ProjectExpenses 2016 2017 2018 2019 2020 Land/Easements Engineering/Architect Admin/Legal Construction 50,000 Maintenance Other TOTAL 50,000 0 0 0 0 Project Balance $ - $ - $ - $ - $ - CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Replace Playground equipment 2016 Kingston Park 2018-Pine glen&Old Cottage Grove Parks Department 2020-Pinetree Valley Park Parks Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State/Other Government Uni#s Park Improvement fund 100,000 70,000 50,000 Park Trust Fund Landscape Initiative Municipal buifding Other: TOTAL 100,000 0 70,000 0 50,000 ProjectExpenses 2016 2017 2018 2019 2020 Land/Easements E ng i neeri ng/Arch itect 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 Project Title Project Description Inclusive Playground Develop and Construct'Inclusive'playground:designed for accessibility by all children-special needs and those with physical and cognitive disabilities. Department Parks Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State/Other 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 ProjectExpenses 2016 2017 2018 2019 2020 Land/Easements Engineering/Architect Admin/Legal Construction 750,000 Maintenance Other TOTAL 0 750,000 0 0 0 Project Balance $ - $ - $ - $ - $ . CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Michaels Point Park Construction of park as part of Michaels Point residential development Department Parks Funding 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 - - - 400,000 - ProjectExpenses 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 Titie Project Description Replace ice rink boards in"Old Cottage Grove"park Department Parks 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 0 0 0 17,000 0 ProjectExpenses 2016 2017 2018 2019 2020 Land/Easements Engineering/Architect 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 Title Project Description Ravine Parkway Park develop and construct park Department Parks Funding 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 ProjectExpenses 2016 2017 2018 2019 2020 Land/Easements Eng i neeri n g/Arch itect 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 500,000 Landscape Initiative Municipal Building fund Other: TOTAL 0 0 0 500,000 0 ProjectExpenses 2016 2017 2018 2019 2020 Land/Easements Engineering/Architect Admin/Legal Construction 500,000 Maintenance Other ' TOTAL 0 0 0 500,000 0 Project Balance $ - $ - $ - $ - $ - CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project description Cedarhurst Meadows Park Complete development of the western side of Cedarhurst Meadows Park (Cayden Glen) Department Parks 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 ProjectExpenses 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 $ - $ - S - � ' � ' CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM � ALL TRANSPORTATION AND PUBLIC WORKS PROJECTS Funding Sources 2016 2017 2018 2019 2020 Tax Levy $ - $ - $ - $ - $ - Bonded Debt $ 3,826,304 $ 2,554,280 $ 1,259,400 $ 2,780,815 $ 2,417,600 State of Minnesota/MSA $ 5,992,109 $ 3,150,000 $ 4,490,000 $ 1,303,000 $ 5,650,000 Washington County $ 1,600,000 $ 350,000 $ - $ 641,000 $ 8,150,000 FederallGrant Funding $ - $ - $ - $ - $ 10,033,000 Area funds $ 140,000 $ 100,000 $ 250,000 $ 1,600,000 $ b00,000 Utilityfunds $ 2,166,431 $ 954,040 $ 713,550 $ 1,566,245 $ 923,000 Assessments/Developerfees $ 1,595,426 $ 250,000 $ - $ 5,876,000 $ 717,000 Other: $ 553,000 $ 602,000 $ 750,000 $ 750,000 $ 750,000 TOTAL 15,873,270 7,960,320 7,462,950 14,517,060 29,140,600 ProjectExpenses 2016 2017 2018 2019 2020 Land/Easemenfs/Utility Relocat $ - $ - $ 150,000 $ - $ 500,000 Engineering/Archifect $ 2,704,705 $ 352,330 $ 370,000 $ 377,810 $ 616,130 Admin/Legal $ 287,382 $ 79,095 $ 40,360 $ 84,250 $ 138,300 Construction $ 11,994,933 $ 6,743,895 $ 6,322,590 $ 13,185,000 $ 27,316,170 Maintenance $ 886,250 $ 785,000 $ 580,000 $ 870,000 $ 570,000 Other $ - $ - $ - $ - $ - TOTAL 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 PROGf�AM 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 iwo 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 adjacent property owners. Funding 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:sealcoat fund 553,000 602,000. 750,000 750,000 750,000 TOTAL 553,000 602,000 750,000 750,000 750,000 Project Expenses 2016 2017 2018 2019 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 Project Description Pavement Mana ement 2016-D2,F3,F5(S of Pinehili Elementary,N of 95th,E of Hadley,W of and including Harkness) 2017-F3,B1 Department 2018-See 80th Street Project Public Works 2019-E1 a,F5 2020-See 80th Street Project Funding Sources 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 Utility funds 788,784 259,040 276,245 Assessments/Developer fees Other: TOTAL 4,464,286 2,013,320 0 2,147,060 0 ProjectExpenses 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) Public Works 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 AssessmenUDeveloperFees 335,193 , Other: TOTAL 1,263,200 - - - - ProjectExpenses 2016 2017 2018 2019 2020 Land/Easements Engineering 378,960 Admin/Legal Construction 884,240 Machinery&equipment Other TOTAL 1 263,200 - - - - Project Balance $ - $ - � - $ - $ - CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM ' Project Title Reconsfruction of Hadley Avenue from 100th Street to 90fh Street, inlcudes LED Hadley Avenue-90th to 100th streetlights&stormwater improvements. Also inciudes the cost of construction of a mini roundabout at 90th&Hadley and 50%of the cost of construction of a roundabout at 95th and Hadley Department Public Works Funding Sources 2016 2017 2018 2019 2020 7ax Levy Bonded Debt State of Minnesota/MSA 3,015,567� ' Washington County Federal/Grant Funding Area funds Utility funds Assessment/Developer Fees 460,233 Other: TOTAL 3,475,800 0 0 0 0 ProjectExpenses 2016 2017 2018 2019 2020 Land/Easements Engineering 1,042,740 Admin/Legaf Construction 2,433,060 maintenance Other TOTAL 3,475,800 0 0 0 0 Project Balance $ - $ - $ - $ - $ - r CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Jamaica Avenue(70th to Military) Upgrade to MSA roadway to accommodate development. Once completed,roadway will be turned back to Washington County. Department Project includes construction of roundabout at Jamaica and 70th, upgraded streetlighfs and Public Works reconstruction of Jamaica from Indian Bivd to 70th street 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/Developerfees 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 $ - $ - $ - $ - � - � CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description SOth Street Reconstruction 80th Sfreet reconsfruction from Hwy 61 to Keats Avenue *2016-Jamaica to Ideal Department *2018-Keats to Jamaica Public Works *2020-Ideal to Hwy 61 Funding Sources 2016 �2017 2018 2019 2020 Tax Levy Bonded Debt 150,802 1,259,400 2,417,600 State of Minnesota/MSA 1,098,535 390,000 650,000 Washington County . 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 ProjectExpenses 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 1,590,734 0 1,892,950 0 3,520 600 Project Balance $ - $ _ $ _ $ _ $ _ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM ' Project Title Project Description Ravine Parkwa 2018-Phase3&4 Construciton-McHattie/V1lolterstorFf 2020-Phase 5 Construction Gobel(divided section) Department Public Works Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State of Minnesota/MSA 4,000,000 � 1,000,000 � Washington County Federal/Grant Funding Area funds Utilify funds Assessment/Developer Fees Other: TOTAL 0 0 4,000,000 0 1,000,000 ProjectExpenses 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 1,000,000 Project Balance $ - $ - $ - $ - $ - CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Upper Ravine District Infrastructure Develo ment As residentiai development occurs in the East Ravine,various infrastructure will be constructed to support the new housing. This infrastructure will be paid for by Department developers either through City financed construction supported by assessments Public Works or by Developer constructed of same. 2020-Land will need to be ac uired in the East Ravine for construction of a new water tower 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 AssessmentslDeveloper funds Other: TOTAL 50,000 100 000 100,000 100,000 500,000 ProjectExpenses 2076 2017 2018 2019 2020 Land/Easements 500,000 Engineering Admin/Legal Construction 50,000 100,000 100,000 100,000 Machinery&equipment Other TOTAL 50,000 100,000 100,000 100,000 500,000 Project Balance $ - $ - $ - $ - $ - CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Water meter replacement project Replacement of 1500 water meters per year at a cost of$135 per meter. First year of Project was 2013. Contracted services(labor and meters) Department Public Works Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Areafunds Utility funds 206,250 225,000 Assessment/Developer Fees Other: TOTAL 206 250 225,000 0 0 0 ProjectExpenses 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 $ - S - $ - $ - � - CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description 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 ProjectExpenses 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 II 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. Department Public Works Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt 910,OOQ State of Minnesota/MSA 303,000 Washington County 516,000 Federal/Grant Funding Area funds Utility funds 395,000 AssessmenUDeveloper Fees 5,876,000 Other: TOTAL - - - 8,000,000 - ProjectExpenses 2016 2017 2018 2019 2020 Land/Easements Engineering Admin/Legal Construction 8,000,000 Machinery&equipment Other TOTAL - - - 8,000,000 - Project Balance $ - $ - $ - � - S - CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Annual well maintenance Each year a weil is'pulled'for inspection and repair of the pump and other vital parts. Department Public Works Funding Sources 2016 2017 2018 2019 2020 � Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federai/Grant Funding Areafunds 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 ProjectExpenses 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 ealance $ - $ - $ - $ - $ - CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Annual sewer line maintenance/spot sliplining 2019-Repairs to sewer line due to suifuric gas pipe degredation in West Central Ravine Department 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 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 ProjectExpenses 2016 2017 2018 2019 2020 Land/Easements Engineering Admin/Legal Construction Maintenance 50,000 50,000 50,000 350,000 50,000 Other TOTAL 50,000 50,000 50,000 350,000 50,000 Project Balance $ - $ - $ - $ - � - CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Streetlight system improvements Department Pubiic Works Funding Sources 2016 2017 2018 2019 2020 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 Assessment/Developer Fees Other: TOTAL 100,000 100,000 100,000 100,000 100,000 ProjectExpenses 2016 2017 2018 2099 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 Baiance $ - $ - $ - $ - $ - CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description construct Well#12 Department Public works Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area funds 150,000 1,500,000 Utility funds Assessment/Developer Fees Other: TOTAL 0 0 150,000 1,500,000 0 ProjectExpenses 2016 2017 2018 2019 2020 Land/Easements 150,000 Engineering Admin/Legal Construction 1,500,000 maintenance Other TOTAL 0 0 150,000 1,500,000 0 Project Balance $ - $ - $ - $ - $ - CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Stormwater maintenance Department 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 250,000 250,000 250,000 250,000 250,000 AssessmentlDeveloper Fees Other: TOTAL 250,000 250,000 250,000 250,000 250,000 ProjectExpenses 2016 2017 2018 2019 2020 LandlEasements 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 Project Description Swanlund Utilities Trunk water to Minnesota Pipeline Facility Trunk Sanitary from Hamiet Park to Swanlund Property Department Public Works 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 AssessmenUDeveloper Fees Other: TOTAL 20,000 20,000 20,000 20,000 20,000 ProjectExpenses 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 Project Title Project Description Bridge Maintenance Spot painting,guardrail upgrades,wingwall&abutment repairs Department Public Works 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 Assessment/Developer Fees Other: TOTAL 0 0 100,000 0 0 ProjectExpenses 2016 2017 2018 2019 2020 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 Project Title Project Description 70th 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 Department Public Works Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded 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 ProjectExpenses 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 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description 65th St Infrastructure improvements due to the construction of a Middle School at 65th and Department Public Works Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt 800,000 State of Minnesota/MSA 2,400,000 Washington County Federal/Grant Funding Area funds Utility funds Assessment/Developer Fees Other: TOTAL - 3,200,000 - - - ProjectExpenses 2016 2017 2018 2019 2020 Land/Easements Engineering Admin/Legal Construction 3,200,000 Machinery&equipment Other TOTAL - 3,200,000 - - - Project Balance $ - $ - $ - $ - $ - CITY OF COTTAGE GROVE 5 YEAR CAPITAL IIVIPROVEMENT BUDGET 2016-2020 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Traffic si nal Jamaica&95th Department Public Works Funding Sources 2016 2017 2018 2019 2020 Tax Levy Bonded Debt State of IVlinnesota/MSA Washington County 125,000 Federal/Grant Funding Area funds Utility funds 125,000 Assessments/Developer fees Other: TOTAL 0 0 0 250,000 0 ProjectExpenses 2016 2017 2018 2019 2020 Land/Easements Engineering AdminlLegal Construction 250,000 Machinery&equipment Other TOTAL o 0 0 250,000 0 Project Balance $ - $ - $ - S - $ - City of Cottage Grove CIP 2016-2020 Funding Summary by Year 2015 2016 2017 2018 2019 2020 Total'16 to'20 Post 2020 Total All Funding Source Park Improvement 525,000 385,000 30,000 90,000 77,000 70,000 652,000 4,508,000 5,160,000 Public Landscape Initiative 55,000 60,000 55,000 55,000 55,000 55,000 280,000 895,000 1,175,000 ParkTrust 33,831 475,000 365,000 240,000 1,315,000 15,000 2,410,000 8,796,000 11,206,000 Donations-Playground - - 400,000 - - - 400,000 - ' 400,000 Sealcoating Fund 388,100 553,000 602,000 750,000 750,000 750,000 3,405,000 970,450 4,375,450 Municipal Building/Debt 10,000 450,000 9,000,000 3,540,000 - - 12,990,000 5,000,000 17,990,000 Assessments 1,790,719 797,931 250,000 - - - 1,047,931 13,384,917 14,432,848 MSA 1,615,402 5,992,109 3,150,000 4,490,000 1,303,000 5,650,000 20,585,109 2,400,000 22,985,109 PM/Streets Bonds 5,870,154 3,186,304 2,059,200 1,259,400 2,810,088 2,417,600 11,732,592 16,359,342 28,091,934 DeveloperAsmts/Fees 1,699,210 2,030,426 250,000 - 5,876,000 717,000 8,873,426 11,066,500 19,939,926 Other Governments - 4,520,000 350,000 13,340,000 641,000 18,183,000 37,034,000 2,900,000 39,934,000 Utility-Storm Wtr 463,871 591,905 327,060 322,454 332,179 384,751 1,958,349 1,689,865 3,648,214 Utility-Street Lights 297,026 351,168 130,210 128,404 132,216 100,000 841,998 1,138,275 1,980,273 Utility-Sewer 256,475 308,629 303,627 210,168 500,325 164,874 1,487,623 2,032,446 3,520,069 Utility-Water 1,113,191 411,797 428,223 155,226 572,252 273,375 1,840,873 1,058,888 2,899,761 Area-Water 103,600 60,000 110,000 260,000 1,610,000 500,000 2,540,000 23,925,000 26,465,000 Area-Sewer 10,000 10,000 10,000 10,000 10,000 - 40,000 - 40,000 Area-Storm Wtr 240,000 - - - - - - 20,710,000 20,710,000 ' Unidentified - - - - 17,680,667 17,680,667 14,471,579 20,183,269 17,820,320 24,850,652 15,984,060 29,280,600 108,118,901 134,515,350 242,634,251 City of Cottage Grove,MN Capital Improvement Plan 2016-2020 Sealcoating Fund Projected Financial Position 2013 2014 2015 2016 2017 2018 2019 2020 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Aggregate tax $ 26,135 $ 26,236 $ 28,000 $ 28,000 $ 28,000 $ 28,000 $ 28,000 $ 28,000 Franchise fees 540,767 542,689 360,100 525,000 574,000 635,000 635,000 635,000 Investment Interest (3,306) 3,746 - - - - - Charges for services 86,903 270,928 - - - - - Developer charges 27,286 37,381 - - - - - Total Revenue 677,785 880,980 388,100 553,000 602,000 663,000 663,000 663,000 EXPENDITURES Commodities - Contractual services 735,240 741,512 388,100 553,000 602,000 750,000 750,000 750,000 Total Expenditures 735,240 741,512 388,100 553,000 602,000 750,000 750,000 750,000 Other Financing Sources(uses) Total transfers - - - - - _ _ _ Increase(decrease) in fund balance (57,455) 139,468 - - - (87,000) (87,000) (87,000 ) Balance beginning ofyear 371,061 313,606 453,074 453,074 453,074 453,074 366,074 279,074 Balance end of year 313,606 453,074 453,074 453,074 453,074 366,074 279,074 192,074 G oal 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 City of Cottage Grove,MN Capital Improvement Plan 2016-2020 Stormwater utility Fund Projected Financial Position 2013 2014 2015 2016 2017 2018 2019 2020 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES ChargesforServices $ 649,343 $ 684,119 $ 712,650 $ 750,400 $ 787,920 $ 827,316 $ 868,682 $ 912,116 Intergovernmental-Counfy/State 49,461 47,437 Interest (1,736) 1,693 1,000 1,000 1,000 1,000 1,000 1,000 Miscellaneous Total Revenue 697,068 733,249 713,650 751,400 788,920 828,316 869,682 913,116 EXPENDITURES Operating expenses 659,580 449,936 329,195 338,905 356,572 367,269 378,287 389,636 Pavement Management 70,186 68,050 213,871 341,905 77,060 72,454 82,179 134,751 Annual maintenance projects 178,353 250,000 250,000 250,000 250,000 250,000 250,000 Total Expenditures 729,766 696,339 793,066 930,810 683,632 689,723 710,466 774,387 OTHER FINANCING SOURCES(USES) Transfers in Transfers out (35,020) (35 020) (35 020) (35 020) (35 020) (35 020) (35 020) Totai othersources - (35,020) (35,020) (35,020) (35,020) (35,020) (35,020) (35,020) Increase(decrease)in fund balance (32,698) 1,890 (114,436) (214,430) 70,268 103,573 124,195 103,709 Beginning balance 186,772 154,074 155 964 41 528 (172 902) (102 634) 939 125 134 Ending balance 154,074 155,964 41 528 (172 902) (102 634) 939 125 134 228 843 Goal 400,000 400,000 400,000 400,000 400,000 400,000 400,000 400,000 City of Cottage Grove,MN Capital Improvement Plan 2076-2020 Water utility Fund Projected Financial Position 2013 2014 2015 2016 2017 2018 2019 2020 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Charges for Services $ 1,932,646 $ 1,827,571 $ 2,185,950 $ 2,185,950 $ 2,015,450 $ 2,015,450 $ 2,015,450 $ 2,015,450 Intergovernmental-County/State Lease revenue 408,740 - - - - - - _ Interest (17,130) 68,571 70,000 70,000 70,000 70,000 70,000 70,000 Misceilaneous 28,184 41,371 12,000 12,000 Total Revenue 2,352,440 1,937,513 2,267,950 2,267,950 2,085,450 2,085,450 2,085,450 2,085,450 EXPENDITURES Operating expenses 1,376,664 1,351,095 1,567,230 1,598,575 1,630,546 1,663,157 1,696,420 1,730,349 Water meter replacement project 279,219 194,364 206,250 206,250 225,000 Well maintenance 29,033 70,000 70,000 70,000 70,000 70,000 70,000 Water tower painting 605,000 730,000 Pavement management 47,210 106,941 135,547 133,223 85,226 190,252 203,375 East Point Douglas phase II 312,000 Total Expenditures 1,684,916 2,197,669 2,680,421 2,010,372 2,058,769 1,818,383 2,268,672 2,003,724 OTHER FINANCING SOURCES(USES) Debtservice (263,691) (132,300) interfund loan 802,500 456,685 435,000 435,000 435,000 445,000 337,500 - Transfers in 69,400 Transfers out (35,815) (166,550) (166,550) (166,550) (166,550) (166,550) (166 550) (166 550) Total other sources 572,394 157,835 268,450 268,450 268,450 278,450 170,950 (166,550) Increase(decrease)in fund balance 1,239,918 {102,321) (144,021) 526,028 295,131 545,517 (12,272) (84,824) Beginning balance 3,611,235 4,851,153 4,748,832 4,604,811 5,130,839 5,425,970 5,971,487 5,959,215 Ending balance 4,851,153 4,748,832 4,604,811 5,130,839 5,425,970 5,971,487 5,959,215 5,874,392 Goal 1,725,000 1,725,000 1,725,000 1,725,000 1,725,000 1,725,000 1,725,000 1,725,000 City of Cottage Grove,MN Capitai improvement Plan 2016-2020 Sewer Utility Fund Projected Financial Position 2013 2014 2015 2016 2017 2018 2019 2020 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Charges for Service $ 2,175,478 $ 2,137,263 $ 2,300,400 $ 2,300,400 $ 2,346,408 $ 2,393,336 $ 2,441,203 $ 2,490,027 Intergovernmental-County/State _ Interest (3,307) 40,320 75,000 75,000 75,000 75,000 75,000 75,000 Miscellaneous - 14,493 2,000 2,000 Total Revenue 2,172,171 2,192,076 2,377,400 2,377,400 2,421,408 2,468,336 2,516,203 2,565,027 EXPENDITURES Operating Expenses 1,926,503 1,983,721 2,178,330 2,245,000 2,289,900 2,335,698 2,382,412 2,430,060 PavementManagement 82,257 65,495 206,475 258,629 253,627 160,168 367,325 391,336 Sewer sliplining-spot replacement 50,000 50,000 50,000 50,000 50,000 E Point Douglas Rd-Phase II 83,000 Total Expenditures 2,008,760 2,049,216 2,434,805 2,553,629 2,593,527 2,545,866 2,882,737 2,821,396 OTHER FINANCING SOURCES(USES) InterFund loan 367,500 28,326 107,500 450,000 Transfers in Transfers out (29,200) (181,610) (181 610) (181 610) (181 610) (181 610) (181 610) (181 610) Total othersources 338,300 (153,284) (181,610) (181,610) (181,610) (181,610) (74,110) 268,390 Increase(decrease)in fund balance 501,711 (10,424) (239,015) (357,839) (353,729) (259,140) (440,644) 12,021 Beginning balance 2,324,072 2,825,783 2,815,359 2,576,344 2,218,505 1,864,776 1,605,636 1,164,992 Ending balance 2,825,783 2,815,359 2,576,344 2,218,505 1,864,776 1,605,636 1,164,992 1,177,013 Goal 1,725,000 1,725,000 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 2016-2020 Streetlight utility Fund Projected Financial Position 2013 2014 2015 2016 2017 2018 2019 2020 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Charges for Services $ 531,558 $ 636,480 $ 513,600 $ 538,900 $ 565,845 $ 594,137 $ 623,844 $ 655,036 Intergovernmental-County/State Interest (18,677) 27,446 30,000 30,000 30,000 30,000 30,000 30,000 Miscellaneous 49,279 22,330 222,500 222,500 207,500 207,500 207,500 207 500 Total Revenue 562,160 686,256 766,100 791,400 803,345 831,637 861,344 892,536 EXPENDITURES Operating expenses 662,778 704,186 669,595 678,110 691,672 705,506 719,616 734,008 Pavement management 656,043 26,541 197,026 251,168 30,210 28,404 32,216 52,826 Hardwood Streetlights 22g,2�2 Annual system improvements 100,000 100,000 100,000 100,000 100;000 100,000 Total Expenditures 1,318,821 958,939 966,621 1,029,278 821,882 833,910 851,832 886,834 OTHER FINANCING SOURCES(USES) Transfers in Transfers out (9,000) (45,850) (45,850) (45 850) (45 850) (45 850) (45 850) (45 850) Total other sources (9,000) (45,850) (45,850) (45,850) (45,850) (45,850) (45,850) (45,850) Increase(decrease)in fund balance (765,661) (318,533) (246,371) (283,728) (64,387 ) (48,122) (36,338) (40,148) Beginning balance 2,415,907 1,650,246 1,331,713 1,085,342 801,614 737,227 689,104 652 767 Ending balance 1,650,246 1,331,713 1,085,342 801,614 737,227 689,104 652,767 612,619 Goal 1,665,000 1,665,000 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 2016-2020 PARK IMPROVEMENT FUND (515) Projected Financial Position 2014 2015 2016 2017 2018 2019 2020 ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED $ $ $ $ REVENUES Cell Tower Leases 403,817 352,765 360,000 360,000 360,000 360,000 360,000 Interest � 3,192 4,821 3,108 2,889 6,218 8,980 11,900 Tax levy � Total Revenue 407,009 357,586 363,108 362,889 366,218 368,980 371,900 EXPENDITURES Lamar Park Water Filtration ' 7,200 Donations-matching funding 10,000 10,000 10,000 10,000 10,000 10,000 Bike park 3,000 Kingston Park-landscaping 5,624 Hamlet Park-Develop Park&skateboard repair 17,755 151,471 188,000 10,000 10,000 10,000 10,000 Hearthside park ball fields 4,588 Granada Park-Remove tennis courts, regrade,trail 50,000 Park properties-Surveying&installation of posts 4,135 17,000 Swimming Pool-demolish&backfiil 20,500 Arbor Meadows-install irrigation&playground 20,000 40,000 Kingston Park-playground remodel 100,000 Hamlet Park-regrade football/soccer fields 10,000 Woodridge Park-Park building 8,220 302,157 Pine Glen&Old Cottage Grove Parks-Play equipment 70,000 50,000 Old Cottage Grove Park-Rink boa[ds 17,000 Dog Park-Improvements/Land Purchase Thompson Grove play facility Totai Expenditures 62,299 472,351 385,000 30,000, 90,000 77,000 70,000 OTHER FINANCING SOURCES(USES) 'Transfer from general fund gp,887 Total other sources gp,887 _ _ _ _ _ Increase(decrease)in fund�alance 425,597 (114,765) (21,892) 332,889 276,218 291,980 301,900 Beginning balance - 425,597 310,832 288,940 621,829 898,048 1,190,028 Ending balance 425,597 310,832 288,940 621,829 898,048 1,190,028 1,491,928 Goal 180,000 180,000 180,000 180,000 180,000 180,000 180,000 City of Cottage Grove, MN Capital Improvement Plan 2016-2020 PARK TRUST FUND(570) Projected Financial Position 2014 2015 2016 2017 2018 2019 2020 ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Bonds issued 360,000 Park Dedication Fees 63,575 9,000 200,000 200,000 200,000 100,000 100,000 speciai assessments 43,621 41,877 40,132 38,386 36,641 Interest 4;068 Donations 900 400,000 Miscellaneous-Refunds&Reimbursements Total Revenue 67,643 9,900 603,621 641,877 240,132 138,386 136,641 EXPENDITURES Miscellaneous 5,767 3,348 Gateway north 7,375 Sunny Hiil Park 24,118 7,771 Cedarhurst meadows(E Ridge Woods) 19,214 1,765 Cayden Glen Traii 16,490 Cayden Glen park 36,649 100,000 Parks-masterplanning 3,089 15,000 15,000 15,000 15,000 15,000 70th St traii 23,510 Oakwood Park-entrance&parking lot 360,000 Michaels Pointe Park 400,000 Ravine Parkway Park 400,000 Hamlet Park North Enhancement 225,000 Inclusive playground 750,000 Camel's Hump Park-develop&trails 476,284 (5,652) Swanlund Park 500,000 East Ravine-Central Neighborhood Park 1,100,000 Total Expenditures 585,897 33,831 475,000 765,000 240,000 1,315,000 1,115,000 OTHER FINANCING SOURCES(USES) Transfer from General Fund 64,700 Totai other sources 64,700 - - - - - _ Increase(decrease)in fund balance (453,554) (23,931) 128,621 (123,123) 132 (1,176,614) (978,359) Beginning balance 242,906 (210,648) (234,579) (105,958) (229,081) (228 949) (1 405 563) Ending balance (210,648) (234,579) (105,958) (229,081) (228 949) (1 405 563) (2 383 922) Goal 100,000 100,000 100,000 100,000 100,000 100,000 100,000 - City of Cottage Grove, MN Capital Improvement Plan 2016-2020 MUNICIPAL BUILDING FUND (525) Projected Financial Position 2013 2014 2015 2016 2017 2018 2019 2020. ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED � $ $ $ $ REVENUES Property taxes 574,012 499,836 500,000 500,000 500,000 510,000 505,000 505,000 intergovernmental 35,038 tower rental -PW Tower 15,240 15,696 15,000 15,000 15,000 15,000 15,000 15,000 Miscellaneous 174,149 94,495 Total Revenue 798,439 610,027 515,000 515,000 515,000 525,000 520,000 520,000 EXPENDITURES PSCH final expenses 224,249 24,500 Municipal building expenses 4,040 Fire station and PW expenses 89,432 4,000 Fire Station#2 10,000 450,000 9,000,000 Total Expenditures 313,681 32,540 10,000 450,000 9,000,000 - _ _ Other Financing Sources (uses) Bond proceeds 9,000,000 Transfer out for intertund loan (524,359) (519,777) (515,193) (510,610) (506,029) (511,447) (506,864) (502,281) Transfer from General Fund Total othersources (524,359) (519,777) (515,193) (510,610) 8,493,971 (511,447) (506,864) (502,281) increase (decrease) in fund balance (39,601) 57,710 (10,193) (445,610} 8,971 13,553 13,136 17,719 Beginning balance 270,846 231,245 288,955 278,762 (166,848) (157,877) (144,324) (131,188) Adjustment to interfund loan Ending balance 231,245 288,955 278,762 (166,848) (157,877) (144,324) (131 188) (113,469) 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 2016-2020 MSA CONSTRUCTION FUND Projected Financial Position 2014 2015 2016 2017 2018 2019 2020 ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Municipal State Aid Construction funds $ 1,696,196 $ 1,615,402 $ 5,992,109 $ 3,150,000 $ 4,490,000 $ 1,303,000 $ 5,650,000 special assessments 214,400 151,500 125,000 125,000 125,000 125,000 125,000 Intergovernmental-County/State 288,640 5,000 1,600,000 350,000 641,000 18,183,000 developerfees 124,563 1,595,426 250,000 5,876,000 717,000 Interest 29,749 35,983 45,264 46,967 48,686 50,423 50,928 Miscellaneous Total Revenue 2,353,548 1,807,885 9,357,799 3,921,967 4,663,686 7,995,423 24,725,928 EXPENDITURES Professional services-miscellaneous 79,105 5,837 CR 70/19 27,474 2,727 East Point Douglas(walmart) 144,603 105,296 95th Street extension 1,263,200 250,000 70th&Meadowgrass 468,530 Hardwood Ave sidewalk/trails 187,167 19,713 Ravine parkway Phase 3,4, 5 4,000,000 1,000,000 Jamaica Ave-70th to Military 58,219 3,800,000 Hadley Avenue street work 90th-100th 3,475,800 65th Street at (Middle School) 3,200,000 80th Street(CSAH19 to TH 61) Reclamation 58,623 1,590,733 1,892,950 3,520,600 Bridge maintenance 100,000 East Point Douglas-Phase 2 cottage view 8,000,000 CSAH 19 and TH 61 600,000 22,900,000 70th&Hardwood 750,000 1,000,000 Total Expenditures 906,879 250,415 10,129,733 4,550,000 5,992,950 9,250,000 27,420,600 OTHER FINANCING SOl[RCES(USES) Bond Proceeds 150,802 800,000 1,259,400 910,000 2,417,600 Transfers in 670,502 791,397 � 243,550 395,000 453,000 Transfers out-PM (85,276) (1,227,863) Totalothersources 585,226 (1,227,863) 942,199 800,000 1,502,950 1,305,000 2,870,600 Increase(decrease) in fund balance 2,031,895 329,607 170,265 171,967 173,686 50,423 175,928 Beginning balance 2,164,909 4,196,804 4,526,411 4,696,676 4,868,643 5,042,329 5,092,753 Ending balance 4,196,804 4,526,411 4,696,676 4,868,643 5,042,329 5,092,753 5,268,680 Goal 2,000,000 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 2016-2020 PAVEMENT MANAGEMENT FUND Projected Financial Position 2013 2014 2015 2016 2017 2018 2019 2020 Actual Actual ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED $ $ $ $ $ REVENUES MSA 1,009,252 special assessments 4,221 345,080 - 534,300 271,800 - 289,900 SWWD 271,444 316,528 - Interest 1,191 15,084 5,368 6,320 11,727 14,562 14,707 17,754 Miscellaneous 800 Total Revenue 1,286,108 676,692 6,168 540,620 283,527 14,562 304,607 17,754 EXPENDITURES PM 2011 16,486 1,419 PM 2013- 5,505,349 29,254 PM 2014-F1 105,670 2,671,092 31,578 PM 2015- F2, 90th, Grey Cloud Tr 4,932,090 PM 2016- D2, F3, F5 82,002 4,464,286 PM 2017-F3, B1, EPD 2,013,320 PM 2019-E1a, F5 2,147,060 Total Expenditures 5,627,505 2,671,092 5,074,924 4,464,286 2,013,320 - 2,147,060 - Revenue over Expenditures (4,341,397) (1,994,400) (5,068,756) (3,923,666) (1,729,793) 14,562 (1,842,453) 17,754 Other Financing Sources (uses) Bond proceeds 5,633,524 5,870,154 3,675,502 1,754,280 1,870,815 Transfers from park funds Transfers from MSA fund Transfers from utility funds 188,258 180,756 356,909 788,784 259,040 276,245 Total othersources 5,821,782 180,756 6,227,063 4,464,286 2,013,320 - 2,147,060 - Increase (decrease) in fund balance 1,480,385 (1,813,644) 1,158,307 540,620 283,527 14,562 304,607 17,754 Beginning balance (193,007) 1,287,378 (526 266) 632 041 1 172 661 1 456 188 1,470 750 1 775,357 Ending balance 1,287,378 (526,266) 632 041 1 172 661 1 456,188 1 470 750 1,775 357 1 793 111 Goai (this fund should break even) - 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' -�"_- � ' ' �.�: -� ,�,�,-��„�- _ _ i � _ `' zozs � ,. : f y Dat 12/15/2015` - II( y I IT� � � t �~ � � ~ M:1 �GIS De artm�nt Pro e ts\ ,, a �0 �� y � _ p 1 ��4k�� 1 la�� t��,'�'�'��F��t � ro�ect�tnx � , — },,t s .�"��. � �[il��.; i i y . � r�: r ��,y,..�; ( C �,a�,� City of Cottage Grove,MN Capital Improvement Plan 2016-2020 Water Area Fund Projected Financial Position 2013 2014 2015 2016 2017 2018 2019 2020 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Developerfees $ 248,883 $ 282,479 $ 150,000 $ 150,000 $ 150,000 $ 150,000 $ 150,000 $ 150,000 Special Assessments 6,479 10,492 10,000 10,000 10,000 10,000 10,000 10,000 Intergovernmental-County/State Interest (20,927) 40,468 Miscellaneous Total Revenue 234,435 333,439 160,000 160,000 160,000 160,000 160,000 160,000 EXPENDITURES East Ravine infrastructure development 271,981 50,000 50,000 100,000 100,000 100,000 500,000 Jamaica Ave-70th to Military 30,000 95th Street Phase 1 E�ension 13,600 swanlund property 10,000 10,000 10,000 10,000 10,000 Miscellaneous 18,180 20,880 CR 70/19 25,128 345,665 Weil#12 150,000 1,500,000 Total Expenditures 43,308 638,526 103,600 60,000 110,000 260,000 1,610,000 500,000 OTHER FINANCING SOURCES(USES) Bond Proceeds Transfers in Transfers out Total othersources - _ _ _ _ _ _ _ Increase(decrease)in fund balance 191,127 (305,087) 56,400 100,000 50,000 (100,000) (1,450,000) (340,000) Beginning balance 2,629,501 2,820,628 2,515,541 2,57'1,941 2,671,941 2,721,941 2,621,941 1,171,941 Ending balance 2,820,628 2,515,541 2,571,941 2,671,941 2,721,941 2,621,941 1,171,941 831,941 Goal 2,500,000 2,500,000 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 2016-2020 Sewer Area Fund Projected Financial Position 2013 2014 2015 2016 2017 2018 2019 2020 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Developer fees $ 212,433 $ 317,554 $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 Special Assessments 11,143 9,643 15,000 42,375 41,280 40,184 39,090 37,994 Intergovernmental-County/State I nterest Miscellaneous Total Revenue 223,576 327,197 215,000 242,375 241,280 240,184 239,090 237,994 EXPENDITURES East Ravine infrastructure development 278,180 CR 70/19 24,646 Swanlund property 10,000 10,000 10,000 10,000 10,000 10,000 Miscellaneous 11,787 Total Expenditures 11,787 302,826 10,000 10,000 10,000 10,000 10,000 10,000 OTHER FINANCING SOURCES(USES) Debt Service-principal&interest (289,440) (291,215) (287,727) (288,978) (289,877) (295,340) (295,220) Transfers in Totalothersources (289,440) (291,215) (287,727) (288,978) (289,877) (295,340) (295,220) - Increase(decrease)in fund balance (77,651) (266,844) (82,727) (56,603} (58,597 ) (65,156) (66,130) 227,994 Beginning balance (461,804) (539,455) (806,299) (889 026) (945 629) (1 004 226) (1 069 382) (1 135 512) Ending balance (539,455) (806 299) (889,026) (945 629) (1 004 226) (1 069 382) (1 135 512) (907 518) Goal 1,500,000 1,500,000 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 2076-2020 Storm Water Area Fund , Projected Financial Position 2013 2014 2015 2016 2017 2018 2019 2020 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Developerfees $ 343,945 $ 241,401 $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 Special Assessments 4,810 2,260 5,000 81,843 78,769 75,695 72,621 69,549 Intergovernmental-County/State 513,516 Interest (18,323) 29,065 Miscellaneous 4,769 Total Revenue 330,432 791,011 205,000 281,843 278,769 275,695 272,621 269,549 EXPENDITURES East Ravine infrastructure development Jamaica Ave-70th to Military Oakwood NPDES basin 240,000 80th St Box Culvert 368,581 128,621 Gateway pond 4,660 Miscellaneous 50,670 19,887 MS dunes 4th Stormwater basin 33,008 Everwood 4th 30,714 Total Expenditures 456,919 179,222 240,000 - - _ _ _ OTHER FINANCING SOURCES(USES) Bond Proceeds Transfers in(out) 83,736 Total other sources - 83,736 - _ _ _ _ _ Increase(decrease)in fund balance (126,487) 695,525 (35,000) 281,843 278,769 275,695 272,621 269,549 Beginning balance 2,150,050 2,023,563 2,719,088 2,684,088 2,965,931 3,244,700 3,520,395 3,793,016 Ending balance 2,023,563 2,719,088 2,684,088 2,965,931 3,244,700 3;520,395 3,793,016 4,062,565 Goal 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000 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 interfund loan SSQ000 EDA Levy 2%Increase after 2017 106,000 106,000 106,000 108,100 108,100 Park shelter/playground equipment/landscape initiative - - - 30,000 - Building replacement/interfund loan after 2013 - - - 30,000 500,000 Future Debt Reduction/Pavement Management - - 648,205 - - TotalGeneralLevies 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 03359 0.3901 0.4196 0.4016 %increase 7.57% 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 debtservice 1,251,700 1,Z06,150 557,945 656,150 826,000 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 12,241,250 12,241,250 12,241,250 12,699,130 Fiscal Disparities/TIF 2,015,782 2,078,077 2,126,696 2,067,667 2,237,549 NetLevy 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% 834% 8.61% -2.77% Assumptions: Tax Capacity increase 2%after 2014 General Fund Budget5%Increase peryear 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% CityTaxesPaid 807 794 767 754 772 MVHC reduction (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 15,634,002 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 0.3992 0.4008 0.4022 0.4037 0.4051 0.4064 0.4077 -4.87% 4.08% 0.39% 0.38% 0.37% 036% 0.35% 033% 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% -1.37% 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% 219,800.00 222,000.00 224,200.00 226,400.00 228,700.00 231,000.00 233,300.00 235,600.00 238,000.00 12.09% 1.00% 0.99% 0.98% 1.02% 1.01% 1.00% 0.99% 1.02% ' 879 873 951 988 995 1033 1065 1100 1117 879 873 951 988 995 1033 1065 1100 1117 13.86% -0.64% 8.88% 3,85% 0.78% 3.78% 3.12% 3.25% 1.57% 66 0 65 0 120 0 136 0 1Z6 0 143 0 154 0 168 0 170