Loading...
HomeMy WebLinkAbout2022-10-24 PACKET 06.2. (CIP2023-2027)STAFF REPORT CASE: CP2022-061 ITEM: 6.2 PUBLIC MEETING DATE: 10/24/22 TENTATIVE COUNCIL REVIEW DATE: 11/16/22 APPLICATION APPLICANT: City of Cottage Grove REQUEST: A comprehensive plan amendment to amend the Capital Improvement Program (CIP) 2023-2027. 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: N/A RECOMMENDATION Approval. GUIDED Cottage Grove COTTAGE GROVE PLANNING DIVISION � here Pride and,Ospellty Meet Staff Contact: Brenda Malinowski, Finance Director; 651-458-2832; bmalinowski(a�cottagegrovemn.gov Application Accepted:. N/A 60-Day Review Deadline: N/A City of Cottage Grove Planning Division • 12800 Ravine Parkway South • Cottage Grove, MN 55016 Planning Staff Report CIP 2023-2027 — Case No. CP2022-061 October 24, 2022 Proposal On an annual basis, the city updates its five-year Capital Improvement Plan (CIP). In addition to its 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 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 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 2023 through 2027. The CIP also identifies funding sources for each project. For the 2023-2027 period, a total of $253 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 is attached. Recommendation That the Planning Commission find that the 2023-2027 Capital Improvement Plan is consistent with the City's Comprehensive Plan and recommend that the City Council approve the document. Prepared by: Brenda Malinowski Finance Director Attachment: 2023-2027 CIP City of Cottage Grove Capital Improvements Plan 2023-2027 Table of Contents Page No. Introduction 1 Projects by Program Category 7 Facilities and Park Projects Summary 9 Facilities and Park Projects Detail 10 Street, Road Improvements & Public Works Projects Summary 31 Street, Road Improvements & Public Works Projects Detail 32 Funding Summary by Year 55 Projects by Year (with Maps) 2023 Annual Summary 56 2024 Annual Summary 58 2025 Annual Summary 60 2026 Annual Summary 62 2027 Annual Summary 64 Projected Financial Position Statements Sealcoating Fund 66 Storm Water Utility Fund 67 Water Utility Fund 68 Sanitary Sewer Utility Fund 69 Street Light Utility Fund 70 Park Improvement Fund 71 Park Trust Fund 72 Public Landscape Initiative Fund 73 Municipal Building Fund 74 MSA Construction Fund 75 Pavement Management Fund 76 Water Area Fund 77 Sanitary Sewer Area Fund 78 Storm Water Area Fund 79 3M Settlement/MPCA Fund 80 Developer Project Fund 81 -This Page Intentionally left Blank - City of Cottage Grove Capital Improvements Plan 2023-2027 Introduction The Capital Improvement Plan (CIP) is a planning device to schedule proposed public capital improvements and purchases over a five-year period. The CIP matches proposed expenditures and revenues by project. 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 $53.7 million for 2023 of which $16 million is related to the construction of the Low Zone Water Treatment Plant and Well 13 (under the 3M Settlement financing plan), $7.3 million is for the first phase of the East Point Douglas and Jamaica reconstruction project, and $7 million is related to the second year of construction for the South District Street and Utility Improvement Project. This document covers the period from 2023 to 2027 and is organized by the funding sources of the improvement project. Over the next five years $253.5 million in projected improvements have been identified. Included in this $253.5 million is $47.1 million in levy supported debt. The remaining dollars come from other identified sources. Comparison of total funding by year to last year's CIP 2023 2024 2025 2026 Total23-26 2023-2027 CIP $53,729,000 $76,729,000 $59,677,000 $19,832,000 $209,967,000 2022-2026 CIP $48,105,000 $27,575,000 $22,807,000 $34,365,000 $132,852,000 Difference $5,624,000 $49,154,000 $36,870,000 $(14,533,000) $77,115,000 2023-2027 CIP Introduction Summary of Improvements Sealcoating Fund 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. 2022 includes another mill and overlay project in the amount of $500,000. The area to receive the mill and overlay is the remainder of the Thompson Grove neighborhood that was not completed as part of the 2021 mill and overlay project. Enterprise Funds The projects included in the Enterprise Fund section are those projects, which will be paid with funds from the Storm Water, Water, Sanitary Sewer, and Street Light Utility Funds. Each of the Enterprise Funds is supported by user fees charged for the services provided. Storm Water Utility Fund 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 2023 projects identified include storm water maintenance related to the 2023 Pavement Management project. Commitments of the Fund for the next five years are for various storm water activities throughout the City. Revenue increases of 3% have been included in the Fund in accordance with the storm water rate study that was completed in 2021. Water Utility Fund The Water Utility Fund includes the construction of a utilities building in 2023 and 2024 in the amount of $14 million. Other capital projects in the Fund include the water costs for the annual Pavement Management Program, East Point Douglas & Jamaica, and 801" Street. A utility rate study was completed in 2017 and a new rate study will be completed by the end of 2022. Water revenues in the Fund are currently based on the 2017 rate study. Sanitary Sewer Utility Fund The Sanitary Sewer Utility Fund includes a $1 million project in 2023 to line the trunk sanitary sewer from Jamaica and East Point Douglas down through the dog park. Grant revenue from the Metropolitan Council will be solicited to fund a portion of the project. Sewer costs related to the annual Pavement Management Program, and street reconstruction projects are included in the next five years. Currently, a utility rate study is underway for this Fund. Sanitary sewer revenues are included in the Fund based on the last study conducted in 2017. Street Light Enterprise Fund The improvements scheduled for the Street Light Utility Fund are traffic signals and system improvements including the potential replacement of luminaries with LED fixtures and feed point electrical work completed with Pavement Management projects that require full curb replacement. New traffic signals identified in the next five years are a signal at Hardwood Avenue and Hardwood Court in 2023, and 80t" Street and Jamaica Avenue in 2025. The signal in 2023 will be funded with TIF 1-12 revenues. A utility rate study for this Fund was completed in 2021. The study identified a rate increase of 7.5% for 2022 and 3% increases 2023-2027 CIP Introduction in later years. Due to the increased operating costs for street light activities and traffic signal costs that have doubled since the study, an 8% increase in rates has been included for 2023 and 3% increases in later years. However, it is likely that increases over 3% will be needed after 2023 in order to fund the operating and capital costs that have been identified. Park Improvement Capital Project Fund In 2013, the City Council directed that revenues derived from leasing 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 $3 million in park and playground renovations over the next five years. Expenditures in 2023 include play equipment at Peter Thompson Park, Pine Tree Pond Park, Ideal Park, court reconstruction at Hamlet Park, and sport lighting improvements at the Pine Tree Valley Park ice rink. Park Trust Fund 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 new park building at Glacial Valley Park is included in this Fund for $4.2 million. It is proposed to bond for this building. The goal is to maintain a minimum year end cash balance of approximately $100,000. Future projects will need to be delayed unless future revenues are available or new revenue sources are identified since the proposed projects in the next five years will bring the Fund to a negative $7.2 million. Municipal Building Fund 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. MSA Construction Fund The construction of new streets and other street reconstruction projects make up the vast majority of capital improvement projects in the MSA Construction Fund. Funding for these projects come from Municipal State Aid (MSA), other intergovernmental revenue, developer charges and special assessments. Streets included on the "state aid" system are eligible to receive state aid for a portion of the projects. In 2020, the City of Cottage Grove advance funded $4 million to pay for the 2nd phase of the 801" Street reclamation project. The advance was be paid off in 2022. The MSA annual construction allotment for 2022 was $2 million. 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. 2023-2027 CIP Introduction The projects identified with their anticipated MSA funding over the next 5 years include: Construction Start Year Project Description Project Cost MSA Funding 2023 E Pt Douglas & Jamaica Reconfiguration $16,215,000 $7,050,000 2023-2027 Ravine Parkway Ravine Parkway Extension 10,000,000 5,000,000 2025 CSAH 19 and TH 61 1001" Street Extension &Innovation Road bride 58,400,000 6,500,000 2026 80th Street 801" /Keats Roundabout Construction 1,000,000 1,000,000 Total $85,615,000 $19,550,000 Besides MSA revenue, these projects will be funded with other revenue sources including Federal, State, and County funds, developer fees, and bonded debt. Other projects that have been included in the MSA Fund that have funding sources other than MSA revenue include: • Ravine Parkway-Shoppes at Cottage View starting in 2024. (Funding sources -federal funds for $3 million, area funds, and bonded debt) • 801" Street Reconstruction from TH 61 to Ideal Avenue in 2024. (Funding sources- federal funds for $7.8 million, and utility funds) • River Oaks/TH 61 Restricted Crossing U-Turn in 2024. (Funding sources -grant funds, and other funds to be identified) • Harkness Avenue in 2025. (Funding sources -area funds, developer fees, and bonded debt) • Jamaica Avenue in 2027. (Funding source -bonded debt) • 103rd Street Bridge in 2027. (Funding sources -federal and state funds) Details of these projects and funding sources are included in the detail of the projects located on pages 35-43. Pavement Management Fund Pavement Management Program 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 depends on assessments for a portion of each project to be used to repay a portion of the debt. The Pavement Management projects included in the next five years total $23.1 million, of which $11 million would be assessed to benefiting property owners and $20 million would be bonded. Future property taxes levies would repay these bonds. Funding Location Total Assessments Debt Other 2023 Thompson Grove Estates 6&7 $2,824,000 $2,220,000 $2,461,000 $363,000 2024 Prestige Estates, Thompson Grove Estates 1&8, EPD (Hyde to CDS 6,156,000 2,770,200 5,364,000 792,000 2025 Thompson Grove Estates 2nd, EPD Jamaica to Hyde), Kin sborou h Trail 4,745,000 2,135,000 3,965,000 780,000 2026 Woodridge Park (E of Jamaica), Cottage Grove Estates, Meadow Acres, Pine Glen 5,436,000 2,446,200 4,736,000 700,000 2027 Thompson Grove 11 &12, Woodridge Park Add W of Jamaica 4,021,000 1,809,450 3,504,000 517,000 2023-2027 CIP Introduction 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 $14.9 million are expected to be funded from the Area Funds over the next 5 years. The funding sources for these Funds are area charges against developing properties. The area charges are based on rates established by the City Council. Before these projects can be completed, the funds available in each of the Area Funds need to be considered. It may be necessary to postpone projects if the revenue sources are not available to complete the project. Water Area Fund Construction of a water tower in the Industrial Park is proposed to be constructed in 2023 in the amount of $4.5 million. It is proposed to fund $1 million of this construction with water conservation fee revenue from the Water Utility Fund and the remaining portion with the Water Area Fund. Sanitary Sewer Area Fund Funding for projects identified in the Sanitary Sewer Area Fund includes construction of utilities as part of the South District Street and Utilities Project to be completed in 2022 and 2023. Storm Water Area Fund Funding for projects identified in the Storm Water Area Fund also includes the construction of utilities as part of the South District Street and Utilities Project. Other Funds 3M Settlement/M PCA Fund 3M settlement implementation funds will be used to construct the Low Zone Water Treatment Plant and Well #13 in 2023, the Intermediate Zone Water Treatment Plant in 2024, and decommissioning of Well #1, Well #2, and the Temporary Treatment Plant in 2025. 3M settlement funds will be received to fund these projects totaling $48.8 million. Developer Petitioned Fund The South District Street and Utility Improvement Project will be funded through the Developer Petitioned Fund since future development fees will fund $3 million of this project. Other funding sources for this project include the Area Funds, ED Trust Fund, and the Park Trust Fund. Other Projects without Financial Position Statements Ice Arena Ice Arena project details are found on page 29. Capital improvements at the Ice Arena include the North Rink dehumidifier replacement in 2024 and radiant heater replacements in 2025. Golf Course The Golf Course Irrigation System Replacement Project will occur in 2023. Details of the Project are found on page 30. 2023-2027 CIP Introduction Debt Schedule A Ten -Year Financial Management Plan is currently underway for the City. The Plan will incorporate the projects included in this CIP document with bonds, future operating budgets including equipment replacement needs, and tax capacity changes (including growth). The Plan will help to identify other revenue sources and assist in identifying the impact of future debt on the City's property tax levy. The Plan will be completed in 2023. 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 2023 and 2024 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 2023-2027 PROJECTS BY PROGRAM CATEGORY NOTE: This recap includes the total project cost. See the individual project page for funding sources PROGRAM CATEGORY 2023 2024 2025 2026 2027 General Public Buildings Utilities Division Building 1,500,000 12,500,000 PW office remodel 500,000 General Public Buildinqs total 1,500,000 12,500,000 500,000 - - Parks & Recreation Facilities Matching grant funds 10,000 10,000 10,000 10,000 10,000 Public Landscape initiative 180,000 160,000 110,000 70,000 90,000 Parks - design & planning 15,000 15,000 15,000 15,000 15,000 Parks -Automatic locks on buildings 35,000 35,000 35,000 35,000 35,000 Belden Park Backstop Repair and Curbing Bike Park -Picnic Shelter & Pump Track Paving 40,000 50,000 Dog Park -Small Area Enrichment&drainage 20,000 Glacial Valley Park -Park Building 4,200,000 Hamlet Park Expansion 100,000 500,000 4,000,000 100,000 50,000 Hardwood and Belden play equipment 140,000 Hearthside Park: Park Improvements 100,000 Highlands, Meadow Grass, Hidden Valley play equipment Kingston Park Building Replacement and Additional Power 600,000 Lamar Park Roof 10,000 Lamar Park Shade Shelter replacement (2) 80,000 Neighborhood Park Development 1,500,000 1,200,000 7,000,000 500,000 500,000 Oltman Middle School Ballfields & Parking lot 1,000,000 Peter Thompson, Pine tree Pond, Ideal park play eq 270,000 Pine Coulee -Court Replacement 20,000 Pine Glen -Picnic Shelter 40,000 West draw, Granada & Nina Park play equipment 210,000 Woodridge Park Trail & Rink Boards 40,000 50,000 Outdoor Fitness Equipment Sports Lighting Improvements 65,000 113,000 65,000 355,000 350,000 Ice Arena Dehumidifier and Radiant Heater Replacement 250,000 35,000 River Oaks Irrigation Replacement 2,500,000 Parks & Recreation Facilities 8,935,000 3,683,000 12,130,000 1,135,000 1,080,000 Public Utilities Facilities Spot replacement/slip lining - Sewer 1,000,000 50,000 50,000 50,000 50,000 System improvements - Streetlights 100,000 100,000 100,000 100,000 100,000 Storm water maintenance 200,000 200,000 200,000 200,000 200,000 Trunk Utility Oversizing 20,000 20,000 20,000 20,000 20,000 Upper Ravine district infrastructure 50,000 50,000 50,000 50,000 50,000 Pull well - annual maintenance 70,000 70,000 70,000 70,000 70,000 Water Tower Painting/Rehab 700,000 Industrial Park Water Tower 4,500,000 Traffic Signals, Traffic Improvements 700,000 1,400,000 3M Settlement Implementation 15,860,000 27,900,000 5,000,000 Public Utilities Facilities total 22,500,000 28,390,000 2,590,000 5,490,000 490,000 City of Cottage Grove, MN Capital Improvement Plan 2023-2027 PROJECTS BY PROGRAM CATEGORY NOTE: This recap includes the total project cost. See the individual project page for funding sources PROGRAM CATEGORY 2023 2024 2025 2026 2027 Trail Improvement Projects CR 74 Trail 315,000 Trail Improvement projects total - 315,000 - - - Street & Road Improvement Projects Roadway Maintenance 645,000 750,000 750,000 750,000 750,000 South District Street & Utility Project 6,760,000 E Pt Douglas & Jamaica 7,315,000 5,350,000 800,000 CSAH 19 and TH 61 1,250,000 1,250,000 33,000,000 22,900,000 Ravine parkway Shoppes at Cottage View 5,325,000 4,021,000 1,253,000 Ravine parkway 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 80th Street (CSAH19 to TH 61) Reconstruction 9,800,000 80th Street (80th/Keats roundabout cost share) 1,000,000 River Oaks Hwy 61 RCUT 1,210,000 Harkness Ave Reconstruction 3,162,000 Jamaica Avenue 3,000,000 103rd Street Bridge 8,000,000 Subtotal before PM 17,970,000 25,685,000 39,712,000 7,771,000 37,903,000 PM 2023 PM 2024 PM 2025 PM 2026 PM 2027 2,824,000 6,156, 000 4,745,000 5,436,000 4,021,000 Road & Street Improvement projects total 20,794,000 31,841,000 44,457,000 13,207,000 41,924,000 GRAND TOTAL $ 53,729,000 $ 76,729,000 $ 59,677,000 $ 19,832,000 $ 43,494,000 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM FACILITIES AND PARK PROJECTS Funding Sources 2023 2024 2025 2026 2027 Tax Levy $ - $ - $ - $ - $ - Bonded Debt $ 4,200,000 $ 9,100,000 $ 7,000,000 $ - $ - State/Other Government Units $ 1,000,000 $ 80,000 $ - $ - $ - Park Improvement Fund $ 540,000 $ 418,000 $ 970,000 $ 550,000 $ 475,000 Park Trust Fund $ 515,000 $ 2,755,000 $ 4,015,000 $ 515,000 $ 515,000 Landscape Initiative $ 180,000 $ 80,000 $ 110,000 $ 70,000 $ 90,000 Municipal Building Fund $ - $ - $ 500,000 $ - $ - Other: $ 4,000,000 $ 3,750,000 $ 35,000 $ - $ - TOTAL 10,435,000 16,183,000 12,630,000 1,135,000 1,080,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements 1,320,000 - - - - Engineering/Architect 1,015,000 1,815,000 2,190,000 15,000 15,000 Admin/Legal - - - - - Construction 7,910,000 13,948,000 10,285,000 1,040,000 965,000 Maintenance - - - - - Other 190,000 420,000 155,000 80,000 100,000 TOTAL 10,435,000 16,183,000 12,630,000 1,135,000 1,080,000 Project Balance 9 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description PW & Parks Facility 2023 - Utilities Division Building Design ($14,000,000) 2024 - Internal office remodel ($500,000) Department Public Works Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt 9,000,000 State/Other Government Units Park Improvement Fund Park Trust Fund Landscape Initiative Municipal Building 500,000 Other: Utility Fund 1,500,000 3,500,000 TOTAL 1,500,000 12,500,000 500,000 0 0 Project Expenses 2023 2024 2025 2026 2027 Land/Easements 320,000 Engineering/Architect 500,000 1,500,000 75,000 Admin/Legal Construction 680,000 11,000,000 425,000 Maintenance Other TOTAL 1,500,000 12,500,000 500,000 0 0 Project Balance $ - $ - $ - $ - $ - ilf CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Matching Funds Program Funds used to match donations from outside organizations on specific park projects Department Parks Funding Sources 2023 2024 2025 2026 2027 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 Initiative Municipal Building Other: TOTAL 10,000 10,000 10,000 10,000 10,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements Engineering/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 $ - $ - $ - $ - $ - is CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description 2023 - 90th Street CSAH 19 to Jamaica ($50,000), Glacial Valley Park Landscaping ($50,000), Pine Tree Valley/Pine Tree Pond Park Restoration ($15,000), Resto Grow-In/Reseeding/Tree plantings at Kingston, Settlers, Camel's Hump and Hamlet ($15,000), Bike Park Vegetation Restoration ($40,000), Annual Public Landscape Initiative Commercial EAB Replacement ($10,000) 2024- Jamaica Ave 100th to HWY Ramps ($50,000), Cottage Grove Trailway Corridor Restoration ($20,000, grant match), Annual Commercial EAB Replacement ($10,000) 2025 - 80th St HWY 61 to Ideal ($50,000), Oakwood Park ($50,000), Annual Commercial EAB Replacement Department ($10,000) 2026 - Future ROW Beautification ($50,000), Public Facility Beautification ($10,000), Annual Commercial EAB Parks Replacement ($10,000) 2027 - Future ROW Beautification ($50,000), Woodridge Park Woodland Restoration ($30,000), Annual Commercial EAB Replacement ($10,000) Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State/Other Government Units 80,000 Park Improvement Fund Park Trust Fund Landscape Initiative 180,000 80,000 110,000 70,000 90,000 Municipal Building Other: TOTAL 180,000 160,000 110,000 70,000 90,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements Engineering/Architect Admin/Legal Construction Maintenance Other 180,000 160,000 110,000 70,000 90,000 TOTAL 180,000 160,000 110,000 70,000 90,000 Project Balance $ - $ - $ - $ - $ - W CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Park Design and Planning Funding for design and planning of parks as development occurs. Department Parks Funding Sources 2023 2024 2025 2026 2027 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 2023 2024 2025 2026 2027 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 $ $ - $ - $ - $ - 13 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project description Building Locks Annual addition of automatic locks for various park building restrooms throughout the community Department Parks Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 35,000 35,000 35,000 35,000 35,000 Park Trust Fund Landscape Initiative Municipal Builiding Other: TOTAL 35,000 35,000 35,000 35,000 35,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements Engineering/Architect Admin/Legal Construction 35,000 35,000 35,000 35,000 35,000 Maintenance Other TOTAL 35,000 35,000 35,000 35,000 35,000 Project Balance $ - $ - $ - $ - $ - 14 Project Title Replace Plavaround eauioment Department Parks CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET NEEMIUMINWIMaIra01►•AIa:I•I•NLIFA1:4►IrmY•Zel:fel►•A■ Project Description 2023 - Peter Thompson, Pine Tree Pond, Ideal Park - $270,000 2024 - West Draw, Granada, Nina - $210,000 2025 - Hardwood and Belden Parks - $140,000 Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 270,000 210,000 140,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 270,000 210,000 140,000 0 0 Project Expenses 2023 2024 2025 2026 2027 Land/Easements Engineering/Architect Admin/Legal Construction 270,000 210,000 140,000 Maintenance Other TOTAL 270,000 210,000 140,000 0 0 Project Balance $ - $ - $ - $ - $ - W Project Title Pavement Management Protects Department Parks CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project description 2024 - Hearthside Park Improvements Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt 100,000 State/Other Government Units Park Improvement Fund Park Trust Fund Landscape Initiative Municipal Building Other: Donations TOTAL 0 100,000 0 0 0 Project Expenses 2023 2024 2025 2026 2027 Land/Easements Engineering/Architect Admin/Legal Construction 100,000 Maintenance Other TOTAL 0 100,000 0 0 0 Project Balance $ - $ - $ - $ - $ iV CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project description Bike Park 2023 - Picnic Shelter 2024 - Pump Track Paving Department Parks Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 40,000 50,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 40,000 50,000 0 0 0 Project Expenses 2023 2024 2025 2026 2027 Land/Easements Engineering/Architect Admin/Legal Construction 40,000 50,000 Maintenance Other TOTAL 40,000 50,000 0 0 0 Project Balance $ - $ - $ - $ - $ - 17 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title (Project Description Dog Park 2023 - Small Area Enrichment and Drainage Correction (Funding Assistance from Dog Park Association) Department Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 20,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 20,000 0 0 0 0 Project Expenses 2023 2024 2025 2026 2027 Land/Easements Engineering/Architect Admin/Legal Construction 20,000 Maintenance Other TOTAL 20,000 0 0 0 0 Project Balance 18 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Glacial Valley Park 2023 - Park Building Department Parks Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt 4,200,000 State/Other Government Units Park Improvement fund Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 4,200,000 0 0 0 0 Project Expenses 2023 2024 2025 2026 2027 Land/Easements Engineering/Architect 500,000 Admin/Legal Construction 3,700,000 Maintenance Other TOTAL 4,200,000 0 0 0 0 Project Balance $ $ - $ - $ - $ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Hamlet Park 2023 - Court Reconstruction 2024 - Hamlet North Entry Plaza and Fountain 2025 - Hamlet Park - Remaining Ball Fields, Parking Lot, Sidewalk Department 2026 - Skate Park Surface Replacement Parks 2027 - Shelter Replacement Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 100,000 100,000 50,000 Park Trust Fund 500,000 4,000,000 Landscape Initiative Municipal Building Other: TOTAL 100,000 500,000 4,000,000 100,000 50,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements Engineering/Architect 500,000 Admin/Legal Construction 100,000 500,000 3,500,000 100,000 50,000 Maintenance Other TOTAL Project Balance 100,000 500,000 4,000,000 100,000 50,000 I•AV CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Kingston Park Building Replacement and Additional Power Supply Department Parks Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 600,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 0 0 600,000 0 0 Project Expenses 2023 2024 2025 2026 2027 Land/Easements Engineering/Architect 100,000 Admin/Legal Construction 500,000 Maintenance Other TOTAL 0 0 600,000 0 0 Project Balance $ - $ - $ - $ - $ `A CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Lamar Park 2025 - Lamar Park Shade Shelter Replacement (2) 2027 - Roof Replacement Department Facilities Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 80,000 10,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 0 0 80,000 0 10,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements Engineering/Architect Admin/Legal Construction 80,000 10,000 Maintenance Other TOTAL 0 0 80,000 0 10,000 Project Balance $ - $ - $ - $ - $ - Pia CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project description 2023 - Still Ponds Park Development ($500,000), Land Acquisition for Mississippi Dunes Park Neighborhood Park ($1,000,000) Development 2024 - Roberts Lake Neighborhood Development ($500,000), North Point Neighborhood Park ($500,000), Military Trailhead ($200,000) 2025 - Mississippi Dunes Golf Course Neighborhood Park Development (development driven) 2026 - East Ravine Neighborhood or 110th Street Park Development (development driven) Department Parks 2027 - East Ravine Neighborhood or 110th Street Park Development (development driven) Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt 7,000,000 State/Other Government Units 1,000,000 Park Improvement Fund Park Trust Fund 500,000 1,200,000 500,000 500,000 Landscape Initiative Municipal Builiding Other: TOTAL 1,500,000 1,200,000 7,000,000 500,000 500,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements 1,000,000 Engineering/Architect 1,500,000 Admin/Legal Construction 500,000 1,200,000 5,500,000 500,000 500,000 Maintenance Other TOTAL 1,500,000 1,200,000 7,000,000 500,000 500,000 Project Balance $ - $ - $ - $ - $ - 23 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Oltman Middle School 2024 - Ballfield and Parking Lot Construction Department Parks Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund Park Trust Fund 1,000,000 Landscape Initiative Municipal Building Other: TOTAL 1,000,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements Engineering/Architect 300,000 Admin/Legal Construction 700,000 Maintenance Other TOTAL 1,000,000 Project Balance $ $ $ $ $ 24 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Pine Coulee 2027 - Court Replacement Department Parks Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 20,000 Park Trust Fund Landscape Initiative Municipal Building Other: Land Sale TOTAL 0 0 0 0 20,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements Engineering/Architect Admin/Legal Construction 20,000 Maintenance Other TOTAL 0 0 0 0 20,000 Project Balance $ $ - $ - $ - $ - `R CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project description Pine Glen Park 2025 - Picnic Shelter Department Parks Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 40,000 Park Trust Fund Landscape Initiative Municipal Builiding Other: TOTAL 0 0 40,000 0 0 Project Expenses 2023 2024 2025 2026 2027 Land/Easements Engineering/Architect Admin/Legal Construction 40,000 Maintenance Other TOTAL 0 0 40,000 0 0 Project Balance $ - $ - $ - $ - $ `z0 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project description Woodridge 2024 - Woodridge Trail - Hillside to Jenner 2026 - Hockey Rink Boards Replacement Department Parks Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 50,000 Park Trust Fund 40,000 Landscape Initiative Municipal Builiding Other: TOTAL 0 40,000 0 50,000 0 Project Expenses 2023 2024 2025 2026 2027 Land/Easements Engineering/Architect Admin/Legal Construction 40,000 50,000 Maintenance Other TOTAL 0 40,000 0 50,000 0 Project Balance $ $ - $ - $ - $ 18% CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Sports Lighting Improvements 2023 2024 2025 2026 2027 - Pine Tree Valley Ice Rink - Woodridge Park Tennis, Basketball, Ice Rink - Hearthside Ice Rink - Hamlet Football/Soccer, Courts and Ice Rink - Lamar Park LED & Poles Department Parks Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 65,000 113,000 65,000 355,000 350,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 65,000 113,000 65,000 355,000 350,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements Engineering/Architect Admin/Legal Construction 65,000 113,000 65,000 355,000 350,000 Maintenance Other TOTAL Project Balance 65,000 113,000 65,000 355,000 350,000 28 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project description Ice Arena 2024 - North Rink Dehumidifier Replacement 2025 - Radiant Heater Replacements Department Parks Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund Park Trust Fund Landscape Initiative Municipal Builiding Other: Ice Arena Fund 250,000 35,000 TOTAL 0 250,000 35,000 0 0 Project Expenses 2023 2024 2025 2026 2027 Land/Easements Engineering/Architect Admin/Legal Construction Maintenance Other 250,000 35,000 TOTAL 0 250,000 35,000 0 0 Project Balance $ - $ - $ - $ - $ - 29 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description River Oaks 2023 - River Oaks Irrigation System Replacement (EDA Loan $1,850,000 and Water Conservation $650,000) Department Facilities Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund Park Trust Fund Landscape Initiative Municipal Building Other: Project Description 2,500,000 TOTAL 2,500,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements Engineering/Architect Admin/Legal Construction 2,500,000 Maintenance Other TOTAL 2,500,000 - - - - Project Balance $ $ $ $ $ lcif CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM ALL TRANSPORTATION AND PUBLIC WORKS PROJECTS Funding Sources 2023 2024 2025 2026 2027 Tax Levy $ - $ - $ - $ - $ Bonded Debt $ 2,461,000 $ 9,964,000 $ 6,903,000 $ 8,757,000 $ 7,757,000 State of Minnesota/MSA $ 8,500,000 $ 2,250,000 $ 1,800,000 $ 2,000,000 $ 7,000,000 Washington County $ - $ 157,500 $ 4,350,000 $ - $ 8,150,000 Federal/Grant Funding $ - $ 12,760,000 $ 25,000,000 $ - $ 16,033,000 Area Funds $ 6,170,000 $ 1,395,000 $ 3,526,000 $ 70,000 $ 70,000 Utility Funds $ 4,148,000 $ 3,712,000 $ 2,950,000 $ 1,120,000 $ 937,000 Assessments/Developer Fees $ 4,030,000 $ 1,000,000 $ 1,768,000 $ 1,000,000 $ 1,717,000 Other: $ 17,985,000 $ 29,307,500 $ 750,000 $ 5,750,000 $ 750,000 TOTAL 43,294,000 60,546,000 47,047,000 18,697,000 42,414,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation $ 750,000 $ 750,000 $ 1,000,000 $ - $ - Engineering/Architect $ 8,294,000 $ 14,665,000 $ 10,264,000 $ 4,104,000 $ 4,348,000 Admin/Legal $ 100,000 $ 50,000 $ 154,000 $ - $ - Construction $ 32,135,000 $ 43,911,000 $ 34,459,000 $ 13,423,000 $ 36,896,000 Maintenance $ 1,515,000 $ 670,000 $ 670,000 $ 670,000 $ 670,000 Other $ 500,000 $ 500,000 $ 500,000 $ 500,000 $ 500,000 TOTAL 43,294,000 60,546,000 47,047,000 18,697,000 42,414,000 Project Balance $ $ $ $ $ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Roadway Maintenance 2023 - Maintenance includes crack seal ($65,000), mill and overlay ($500,000), curb and sidewalk replacement ($80,000) 2024-2027 - Maintenance includes crack seal ($90,000), mill and overlay ($500,000), curb and sidewalk Department replacement ($80,000), and trail sealcoating ($80,000) Public Works Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds Utility Funds Assessments/Developer Fees Other: Maintenance Fund 645,000 750,000 750,000 750,000 750,000 TOTAL 645,000 750,000 750,000 750,000 750,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation Engineering/Architect Admin/Legal Sealcoating Contract/Rock Maintenance 145,000 250,000 250,000 250,000 250,000 Other: Mill and Overlay 500,000 500,000 500,000 500,000 500,000 rr.111011 Project Balance $ 645,000 750,000 750,000 750,000 750,000 10% CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description 2023 - Thompson Grove Estates 6&7 Pavement Management 2024 -Prestige Estates, See 80th Street Project, Thompson Grove Estates 1 &8, EPD (Hyde to CDS) (includes ADA improvements) 2025 - Thompson Grove Estates 2nd, EDP (Jamaica to Hyde), Kingsborough Trail Department 2026 - Woodridge Park (E of Jamaica), Cottage Grove Estates, Meadow Acres, Pine Glen Public Works 2027 - Thompson Grove 11&12, Woodridge Park Add (W of Jamaica) Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt 2,461,000 5,364,000 3,965,000 4,736,000 3,504,000 State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds Utility Funds 363,000 792,000 780,000 700,000 517,000 Assessments/Developer Fees Other: TOTAL 2,824,000 6,156,000 4,745,000 5,436,000 4,021,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation Engineering/Architect 509,000 1,282,000 1,356,000 1,554,000 1,148,000 Admin/Legal Construction 2,315,000 4,874,000 3,389,000 3,882,000 2,873,000 Maintenance Other 111911101 2,824,000 6,156, 000 Project Balance $ $ $ 4,745,000 5,436,000 4,021,000 33 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description South District Street and Utility 2023 - Realignment of 100th Street and Hadley Avenue (Year 2) Proiect Department Public Works Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds 2,600,000 Utility Funds Assessments/Developer Fees 3,030,000 Other: EDA/Park Trust ($130k) 1,130,000 TOTAL 6,760,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation Engineering/Architect 1,060,000 Admin/Legal Construction 5,700,000 Maintenance Other TOTAL 6,760,000 Project Balance $ $ $ $ $ 34 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description East Pt. Douglas & Jamaica Reconstruction & realignment of the East Point Douglas Road intersections at Jamaica Ave and the Cub/Target entrances. Department $2M in ROW Acquisition ($750,000) and Engineering Expenses acquired in 2021 and 2022 Public Works Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt 3,600,000 State of Minnesota/MSA 6,250,000 800,000 Washington County Federal/Grant Funding 1,250,000 Area Funds Utility Funds 715,000 500,000 Assessments/Developer Fees Other: Public Landscape Initiative 350,000 - TOTAL 7,315,000 5,350,000 800,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation 750,000 750,000 750,000 Engineering/Architect 1,075,000 650,000 Admin/Legal 100,000 50,000 50,000 Construction 5,390,000 3,900,000 Maintenance Other TOTAL 7,315,000 5,350,000 800,000 Project Balance $ $ $ $ $ 0 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description CSAH 19 and TH 61 2023/2024 - Design for 100th Street Extension 2025 - 100th St Extension Department 2027 - Reconstruction/realignment of bridge/overpass over highway 61 at County Rd 19 (Innovation Public Works Road) Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt 2,000,000 State of Minnesota/MSA 1,250,000 1,250,000 4,000,000 Washington County 4,000,000 8,150,000 Federal/Grant Funding 25,000,000 10,033,000 Area Funds 2,000,000 Utility Funds Assessments/Developer Fees 717,000 Other: TOTAL 1,250,000 1,250,000 33,000,000 0 22,900,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation Engineering/Architect 1,250,000 1,250,000 7,500,000 Admin/Legal Construction 25,500,000 22,900,000 Maintenance Other TOTAL 1,250,000 1,250,000 33,000,000 0 22,900,000 Project Balance $ - $ - $ - $ - $ - [cZ: CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description 2024 - Phase 1 Construction of roadway and infrastructure to support the retail/commercial Ravine Parkway - Shoppes at development (Walmart through Roundabout) Cottage View 2026 - Construction of roadway and infrastructure to support the retail/commercial development (Roundabout to CSAH 19) 2027 - Construction of roadway and infrastructure to support the retail/commercial development (north of Roundabout) Department Public Works Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt 1,000,000 4,021,000 1,253,000 State of Minnesota/MSA Washington County Federal/Grant Funding 3,000,000 Area Funds 1,325,000 Utility Funds Assessments/Developer Fees Other: TOTAL 5,325,000 4,021,000 1,253,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation Engineering/Architect 1,300,000 1,000,000 500,000 Admin/Legal Construction 4,025,000 3,021,000 753,000 Maintenance Other TOTAL 5,325,000 4,021,000 1,253,000 Project Balance $ $ $ $ $ 37 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Ravine Parkway Project Description 2023 - Wolterstorff 2024 - Kemp 2025 - Geis 2026 - Tank Department Public Works 2027 - Tank Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State of Minnesota/MSA 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 Washington County Federal/Grant Funding Area Funds Utility Funds Assessments/Developer Fees 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 Other: TOTAL 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation Engineering/Architect 300,000 300,000 300,000 300,000 300,000 Admin/Legal Construction 1,700,000 1,700,000 1,700,000 1,700,000 1,700,000 Maintenance Other TOTAL 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 Project Balance $ $ $ $ $ 38 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description 80th Street Reconstruction 2024 - Ideal to Hwy 61 - Includes East Point Douglas from 80th Street to T-intersection. Includes mill and overlay, spot curb replacement, ADA improvements, landscaping, and trail replacement Department Public Works 2026 - 80th/Keats Roundabout Cost Share Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State of Minnesota/MSA 1,000,000 Washington County Federal/Grant Funding 7,800,000 Area Funds Utility Funds 2,000,000 Assessments/Developer Fees Other: TOTAL 0 9,800,000 0 1,000,000 0 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation Engineering/Architect 2,450,000 250,000 Admin/Legal Construction 7,350,000 750,000 Maintenance Other TOTAL 0 9,800,000 0 1,000,000 0 Project Balance $ $ $ $ $ 39 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description River Oaks Hwy 61 RCUT 2024 - Conversion of River Oaks access into a reduced conflict U-Turn intersection Department Public Works Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding 710,000 Area Funds Utility Funds Assessments/Developer Fees Other: 500,000 TOTAL 1,210,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation Engineering/Architect 363,000 Admin/Legal Construction 847,000 Maintenance Other TOTAL 1,210,000 Project Balance $ $ $ $ $ AIt CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project description Harkness Ave Reconstruction Reconstruct Harkness Avenue to an urban section with utilities, from Oakwood Park to the north Hardwood Ave intersection. Department Public Works Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt 938,000 State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds 1,456,000 Utility Funds Assessments/Developer Fees 768,000 Other: TOTAL 0 0 3,162,000 0 0 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation 250,000 Engineering/Architect 728,000 Admin/Legal 104,000 Construction 2,080,000 Maintenance Other TOTAL 0 0 3,162,000 0 0 Project Balance $ $ - $ - $ - $ Ell CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Jamaica Ave 2027 - Reconstruction of Jamaica Ave from Rose of Sharon Church to Military Road to the urban four lane section roadway. Department Public Works Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt 3,000,000 State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds Utility Funds Assessments/Developer Fees Other: TOTAL 0 0 0 0 3,000,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation Engineering/Architect Admin/Legal Construction 3,000,000 Maintenance Other TOTAL 0 0 0 0 3,000,000 Project Balance $ $ $ $ $ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description 103rd St Railroad Bridge 2027 - Reconstruct 103rd Street railroad bridge Department Public Works Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State of Minnesota/MSA 2,000,000 Washington County Federal/Grant Funding 6,000,000 Area Funds Utility Funds Assessments/Developer Fees Other: TOTAL 0 0 0 0 8,000,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation Engineering/Architect 2,400,000 Admin/Legal Construction 5,600,000 Maintenance Other TOTAL 0 0 0 0 8,000,000 Project Balance $ $ $ $ $ 43 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Traffic Signals 2023 - Hardwood Ave/Hardwood Ct 2025 - 80th/Jamaica, Keats/Indian Blvd Department Public Works Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State of Minnesota/MSA Washington County 350,000 Federal/Grant Funding Area Funds Utility Funds 700,000 1,050,000 Assessments/Developer Fees Other: TOTAL 700,000 0 1,400,000 0 0 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation Engineering/Architect 140,000 280,000 Admin/Legal Construction 560,000 1,120,000 Maintenance Other TOTAL 700,000 0 1,400,000 0 0 Project Balance $ - $ - $ - $ - $ 44 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description East Ravine District Infrastructure Development 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 Department developers either through City financed construction supported by assessments Public Works or by Developer constructed of same. Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds 50,000 50,000 50,000 50,000 50,000 Utility Funds Assessments/Developer Fees Other: TOTAL 50,000 50,000 50,000 50,000 50,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation Engineering/Architect Admin/Legal Construction 50,000 50,000 50,000 50,000 50,000 Maintenance Other TOTAL 50,000 50,000 50,000 50,000 50,000 Project Balance $ - $ - $ - $ - $ - M CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project description Industrial Park Water Tower Construct water tower on City property north of the South East Industrial Park. Department Public Works Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds 3,500,000 Utility Funds 1,000,000 Assessments/Developer Fees Other: Land Sale TOTAL 4,500,000 0 0 0 0 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation Engineering/Architect 300,000 Admin/Legal Construction 4,200,000 Maintenance Other TOTAL 4,500,000 0 0 0 0 Project Balance $ $ - $ - $ - $ E, CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title I Project Description Water Tower Painting/Rehab 1 2025 - Pine Hill Water Tower Department Public Works Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds Utility Funds 700,000 Assessments/Developer Fees Other: Newport TOTAL 700,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation Engineering/Architect 100,000 Admin/Legal Construction 600,000 Maintenance Other TOTAL 700,000 Project Balance $ $ $ $ $ 47 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Trunk Utility Oversizing Trunk oversizing of water and sewer facilities as part of development projects Department Public Works Funding Sources 2023 2024 2025 2026 2027 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 Assessments/Developer Fees Other: TOTAL 20,000 20,000 20,000 20,000 20,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation Engineering/Architect 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 $ - $ - $ - $ - $ - 48 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Stormwater maintenance Annual costs of pond and structure maintenance for City Stormwater system. Department Public Works Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds Utility Funds 200,000 200,000 200,000 200,000 200,000 Assessments/Developer Fees Other: TOTAL 200,000 200,000 200,000 200,000 200,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation Engineering/Architect Admin/Legal Construction Maintenance 200,000 200,000 200,000 200,000 200,000 Other TOTAL 200,000 200,000 200,000 200,000 200,000 Project Balance $ - $ - $ - $ - $ - 49 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Annual well maintenance Each year a well is 'pulled' for inspection and repair of the pump and other vital parts. Department Public Works Funding Sources 2023 2024 2025 2026 2027 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 Assessments/Developer Fees Other: TOTAL 70,000 70,000 70,000 70,000 70,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation Engineering/Architect 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 $ - $ - $ - $ - $ - 6Sf CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description Annual sewer line 2023 - Lining trunk sewer from Jamaica and East Point down through the dog park Department Public Works Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds Utility Funds 1,000,000 50,000 50,000 50,000 50,000 Assessments/Developer Fees Other: TOTAL 1,000,000 50,000 50,000 50,000 50,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation Engineering/Architect Admin/Legal Construction Maintenance 1,000,000 50,000 50,000 50,000 50,000 Other TOTAL 1,000,000 50,000 50,000 50,000 50,000 Project Balance $ - $ - $ - $ - $ - 62 Project Title Streetlight s Department Public Works CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Description improvements JAnnual cost to refurbish and upgrade the City Streetlight infrastructure. Funding Sources 2023 2024 2025 2026 2027 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 Assessments/Developer Fees Other: TOTAL 100,000 100,000 100,000 100,000 100,000 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation Engineering/Architect Admin/Legal Construction Maintenance 100,000 100,000 100,000 100,000 100,000 Other TOTAL Project Balance 100,000 100,000 100,000 100,000 100,000 6% CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description 3M Settlement Implementation 2023 - Low Zone Water Treatment Plant and Well 13 2024 - Intermediate Zone Water Treatment Plant 2026 - Well 1, Well 2, and Temp Treatment Plant Decommissioning Department Public Works Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds Utility Funds Assessments/Developer Fees Other: 3M Settlement 15,860,000 27,900,000 5,000,000 TOTAL 15,860,000 27,900,000 0 5,000,000 0 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation Engineering/Architect 3,660,000 6,975,000 1,000,000 Admin/Legal Construction 12,200,000 20,925,000 4,000,000 Maintenance Other TOTAL 15,860,000 27,900,000 0 5,000,000 0 Project Balance $ - $ - $ - $ - $ 53 CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2023-2027 CAPITAL IMPROVEMENT PROGRAM Project Title Project Description CR 74 Trail 2024 - 50% Cost Share with County for addition of trail along south side of CR 74 (65th Street) from Meadowgrass to Hadley ($315,000 TPC) Department Funding Sources 2023 2024 2025 2026 2027 Tax Levy Bonded Debt State of Minnesota/MSA Washington County 157,500 Federal/Grant Funding Area Funds Utility Funds Assessments/Developer Fees Other: 157,500 TOTAL 0 315,000 0 0 Project Expenses 2023 2024 2025 2026 2027 Land/Easements/Utility Relocation Engineering/Architect 95,000 Admin/Legal Construction 220,000 Maintenance Other TOTAL 0 315,000 0 0 Project Balance $ $ - $ - $ - $ 54 City of Cottage Grove CIP 2023-2027 Funding Summary by Year 2023 2024 2025 2026 2027 Total '23 to '27 Funding Source Bonds for Utility Building 9,000,000 9,000,000 Bonds for Park Projects 4,200,000 100,000 7,000,000 11,300,000 Bonds for Street Projects 4,600,000 2,938,000 4,021,000 4,253,000 15,812,000 Bonds for Pavement Mgmt 2,461,000 5,364,000 3,965,000 4,736,000 3,504,000 20,030,000 Park Improvement 540,000 418,000 970,000 550,000 475,000 2,953,000 Public Landscape Initiative 530,000 80,000 110,000 70,000 90,000 880,000 Park Trust 515,000 2,755,000 4,015,000 515,000 515,000 8,315,000 Ice Arena 250,000 35,000 285,000 Municipal Building 500,000 500,000 Sealcoating Fund 645,000 750,000 750,000 750,000 750,000 3,645,000 MSA 8,500,000 2,250,000 1,800,000 2,000,000 7,000,000 21,550,000 Developer Asmts/Fees 4,030,000 1,000,000 1,768,000 1,000,000 1,717,000 9,515,000 Other Governments 1,000,000 12,997,500 29,000,000 24,183,000 67,180,500 3M Settlement 15,860,000 27,900,000 5,000,000 48,760,000 Utilities 4,648,000 7,212,000 3,300,000 1,120,000 937,000 17,217,000 Area Funds 7,170,000 1,395,000 3,526,000 70,000 70,000 12,231,000 Other funding 3,630,000 657,500 4,287,500 53,729,000 76,729,000 59,677,000 19,832,000 43,494,000 253,461,000 55 Year CIP Year CIPI points Location I Description I map I Maintenance I Replace I New I Total 2023 New Utility Division Building FA1 1,500,000 1,500,000 2023 New Bike Park Picnic shelter PR1 40,000 40,000 2023 New Dog Park small area enrichment & drainage PR2 20,000 20,000 2023 2023 Glacial Valley Park Building construction PR3 4,200,000 4,200,000 2023 2023 Hamlet Park Court Reconstruction PR4 100,000 100,000 2023 2023 Mississippi Dunes property Land acquisition for park development PR5 1,000,000 1,000,000 Peter Thompson, Pine Tree Pond, 2023 2023 Ideal Park Playground equipment PR6 270,000 270,000 2023 New Pine Tree Valley Park Sports lighting improvements PR7 65,000 65,000 2023 New Still Ponds Park development Park development PR8 500,000 500,000 2023 2023 Public Landscape initiative 180,000 180,000 2023 2023 Parks Park design & master planning 15,000 15,000 2023 2023 Parks Matching funds 10,000 10,000 2023 New Parks Annual addition of auto. locks on park buildings 35,000 35,000 2023 New River Oaks Irrigation Replacement PR22 2,500,000 2,500,000 2023 2023 Roadway maintenance Streets, sidewalk/curb replacement, & trails 645,000 645,000 2023 2023 Pavement Management Thompson Grove Estates 6 & 7 PW1 2,824,000 2,824,000 2023 2023 East Point Douglas & Jamaica Reconstruction and Realignment PW2 7,315,000 7,315,000 2023 100th Street & Hadley Realignment Phase 2-South District Street & Utility Project PW3 6,760,000 6,760,000 2023 2026 511 CSAH 19 and TH 61 Design for 100th Street Extension PW4 1,250,000 1,250,000 2023 2022 Ravine Parkway Wolterstorff PW5 2,000,000 2,000,000 2023 2023 East Ravine District City share of development infrastructure 50,000 50,000 2023 2023 3M Settlement Implementation Low Zone Water Treatment plant & Well 13 PW6 15,860,000 15,860,000 2023 2023 Industrial Park Water Tower Construct Water Tower PW7 4,500,000 4,500,000 2023 2023 Traffic Signal Hardwood Ave/Hardwood Ct PW8 700,000 700,000 2023 2023 Trunk oversizing utilities 20,000 20,000 2023 2023 Various sewer Spot replacement/slip lining 1,000,000 1,000,000 2023 2023 various stormwater Storm water maintenance 200,000 200,000 2023 2023 various streetlights System improvements 100,000 100,000 2023 2023 Well Maintenance Pull well 70,000 70,000 2,015,000 27,704,000 24,010,000 53,729,000 56 it MM �r .r■.. � Its.. e A—Iff Year CIP Year CIPI points Location I Description I map I Maintenance I Replace I New I Total 2024 New Utility Division Building FA1 12,500,000 12,500,000 2024 New Bike Park Pump track paving PR1 50,000 50,000 2024 2024 Hamlet park expansion Plaza Area & Fountain PR4 500,000 500,000 2024 2025 Hearthside Park Park improvements as part of pavement management PR9 100,000 100,000 2024 New Military Trailhead Neighborhood park development PR10 200,000 200,000 2024 2024 North Point Park Neighborhood park development PR11 500,000 500,000 2024 2024 Oltman Middle School Ballfield construction PR12 1,000,000 1,000,000 2024 New Roberts Lake Development Neighborhood park development PR13 500,000 500,000 2024 2024 West Draw, Granada, Nina Playground equipment PR14 210,000 210,000 2024 New Woodridge Park Sports lighting improvements PR15 113,000 113,000 2024 2023 Woodridge Trail Trail Corridor from Hillside to Jenner PR15 40,000 40,000 2024 2024 Ice Arena dehumidifier replacement 250,000 250,000 2024 2024 Public Landscape initiative 160,000 160,000 2024 2024 Parks Park design & master planning 15,000 15,000 2024 2024 Parks Matching funds 10,000 10,000 2024 New Parks Annual addition of auto. locks on park buildings 35,000 35,000 2024 New CR 74 Trail Cost share with County 315,000 315,000 2024 2024 Roadway maintenance Streets, sidewalk/curb replacement, & trails 750,000 750,000 2024 2023 Ravine Parkway-Shoppes at CV Phase 1 Construction -roadway & infrastructure PW9 5,325,000 5,325,000 2024 2024 Pavement Management Prestige estates, and others (see Project Sheet) PW10 6,156,000 6,156,000 2024 New River Oaks Hwy 61 RCUT Reduced conflict U-turn intersection PW11 1,210,000 1,210,000 2024 2026 511 CSAH 19 and TH 61 Design for 100th Street Extension PW4 1,250,000 1,250,000 2024 2025 80th Street Ideal to Hwy 61 (see Project Sheet) PW 12 9,800,000 9,800,000 2024 2023 East Point Douglas & Jamaica Reconstruction and Realignment PW2 5,350,000 5,350,000 2024 2025 Ravine Parkway Kemp property PW13 2,000,000 2,000,000 2024 2024 East Ravine District City share of development infrastructure 50,000 50,000 2024 2023 3M Settlement Implementation Intermediate zone water treatment plant PW 14 27,900,000 27,900,000 2024 2024 Trunk oversizing utilities 20,000 20,000 2024 2024 Various sewer Spot replacement/slip lining 50,000 50,000 2024 2024 various stormwater Storm water maintenance 200,000 200,000 2024 2024 various streetlights System improvements 100,000 100,000 2024 2024 Well Maintenance Pull well 70,000 70,000 1,170,000 53,139,000 22,420,000 76,729,000 58 44 Year C I P I Year C I P I points I Location 2025 2024 PW & Parks Facility 2025 2025 Hamlet Park 2025 2025 Hardwood & Belden Parks 2025 New Hearthside Park 2025 2025 Ice Arena 2025 2025 Kingston Park 2025 2025 Lamar Park 2025 New Mississippi Dunes property 2025 New Pine Glen Park 2025 2025 Public Landscape initiative 2025 2025 Parks 2025 2025 Parks 2025 New Parks 2025 2025 Roadway maintenance 2025 2025 Pavement Management 2025 2026 511 CSAH 19 and TH 61 2025 2023 East Point Douglas & Jamaica 2025 2023 Ravine Parkway Harkness Ave - Hardwood to 2025 2024 Woodridge 2025 2025 East Ravine District 2025 2022 Pine Hill 2025 2025 Traffic Signal 2025 New Traffic Improvement 2025 2025 Trunk oversizing 2025 2025 Various sewer 2025 2025 various stormwater 2025 2025 various streetlights 2025 2025 Well Maintenance Description map Maintenance Replace New Total Internal office remodel FA2 500,000 500,000 Completion of ballfields PR4 4,000,000 4,000,000 Playground equipment PR16 140,000 140,000 Sports lighting improvements -ice rink PR9 65,000 65,000 Radiant heater replacements 35,000 35,000 Building replacement & additional power PR17 600,000 600,000 Shade structure replacement PR18 80,000 80,000 Park development (development driven) PR5 7,000,000 7,000,000 Picnic shelter PR19 40,000 40,000 110,000 110,000 Park design & master planning 15,000 15,000 Marching funds 10,000 10,000 Annual addition of auto. locks on park buildings 35,000 35,000 Streets, sidewalk/curb replacement, & trails 750,000 750,000 Thompson Grove Estates 2nd, EPD (Jamaica to Hyde) Kingsborough Trail PW15 4,745,000 4,745,000 100th Street Extension PW4 33,000,000 33,000,000 Reconstruction and Realignment PW2 800,000 800,000 Geis PW16 2,000,000 2,000,000 Reconstruct roadway PW 17 3,162,000 3,162,000 City share of development infrastructure 50,000 50,000 Water tower painting 700,000 700,000 80th & Jamaica PW24 700,000 700,000 CSAH 19 & Indian Blvd. PW25 700,000 700,000 Utilities 20,000 20,000 Spot replacement/slip lining 50,000 50,000 Storm water maintenance 200,000 200,000 System improvements 100,000 100,000 Pull well 70,000 70,000 60 A . IAJ C 3 Current Year CIP Last Year CIP points Location I Description I map I Maintenance Replace I New I Total 2026 2026 East Ravine or 110th Street Park Neighborhood park development PR20 500,000 500,000 2026 2026 Hamlet Park Skate park surface replacement PR4 100,000 100,000 2026 New Hamlet Park Sports lighting improvements PR4 355,000 355,000 2026 2026 Woodridge Park Hockey rink boards replacement PR15 50,000 50,000 2026 2026 Public Landscape initiative 70,000 70,000 2026 2026 Parks Park design & master planning 15,000 15,000 2026 2026 Parks matching funds 10,000 10,000 2026 New Parks Annual addition of auto. locks on park buildings 35,000 35,000 2026 2026 Roadway maintenance Streets, sidewalk/curb replacement, & trails 750,000 750,000 2026 New Ravine Parkway-Shoppes at CV Phase 2 Construction -roadway & infrastructure PW9 4,021,000 4,021,000 Woodridge Park (E of Jamaica) CG Estates, Meadow 2026 2026 Pavement Management Acres, Pine Glen PW18 5,436,000 5,436,000 2026 2026 80th Street Roundabout at Keats Ave (cost share) PW 19 1,000,000 1,000,000 2026 New Ravine Parkway Tank PW23 2,000,000 2,000,000 2026 2026 East Ravine District City share of development infrastructure 50,000 50,000 2026 2024 3M Settlement Implementation Well 1 & 2 and Temp Treatment Plant decommission 5,000,000 5,000,000 2026 2026 Trunk oversizing Utilities 20,000 20,000 2026 2026 Various sewer Spot replacement/slip lining 50,000 50,000 2026 2026 various stormwater Storm water maintenance 200,000 200,000 2026 2026 various streetlights System improvements 100,000 100,000 2026 2026 Well Maintenance Pull well 70,000 70,000 1,170,000 11,941,000 6,721,000 19,832,000 62 ram; It, nt_ MEL OL Current Year CIP Last Year CIP points Location I Description I map I Maintenance I Replace I New I Total 2027 East Ravine or 110th Street Park Neighborhood park development PR20 500,000 500,000 2027 Hamlet Park Shelter replacement PR4 50,000 50,000 2027 Lamar Park Roof replacement PR18 10,000 10,000 2027 Lamar Park Sports lighting improvements PR18 350,000 350,000 2027 Pine Coulee Court replacement PR21 20,000 20,000 2027 Public Landscape initiative 90,000 90,000 2027 Parks Park design & master planning 15,000 15,000 2027 Parks matching funds 10,000 10,000 2027 Parks Annual addition of auto. locks on park buildings 35,000 35,000 2027 Roadway maintenance Streets, sidewalk/curb replacement, & trails 750,000 750,000 Thompson Grove 11 &12, Woodridge Park Add (W of 2027 Pavement Management Jamaica) PW20 4,021,000 4,021,000 2027 Ravine Parkway-Shoppes at CV Phase 3 Construction -roadway & infrastructure PW9 1,253,000 1,253,000 2027 511 CSAH 19 and TH 61 Realignment of bridge (see project sheet) PW4 22,900,000 22,900,000 2027 Jamaica 70th to Military PW21 3,000,000 3,000,000 2027 Ravine Parkway Tank PW23 2,000,000 2,000,000 2027 103rd Street Railroad Budget reconstruction of 103rd street railroad bridge PW22 8,000,000 8,000,000 2027 East Ravine District City share of development infrastructure 50,000 50,000 2027 Trunk oversizing Utilities 20,000 20,000 2027 Various sewer Spot replacement/slip lining 50,000 50,000 2027 various stormwater Storm water maintenance 200,000 200,000 2027 various streetlights System improvements 100,000 100,000 2027 Well Maintenance Pull well 70,000 70,000 1,170,000 35,351,000 6,973,000 43,494,000 64 t City of Cottage Grove, MN Capital Improvement Plan 2023-2027 Sealcoating Fund (235) Projected Financial Position 2020 2021 2022 2023 2024 2025 2026 2027 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Aggregate tax $ 22,699 $ 23,467 $ 22,000 $ 22,000 $ 25,000 $ 25,000 $ 25,000 $ 25,000 Franchise fees 596,537 615,326 634,000 653,000 672,600 692,800 713,600 735,000 Investment Interest 26,034 (5,207) 10,000 10,000 10,000 10,000 10,000 10,000 Charges for services 94,114 30,766 - - - - - - Developer charges 81,962 104,157 - - - - - - Total Revenue 821,346 768,509 666,000 685,000 707,600 727,800 748,600 770,000 EXPENDITURES Commodities 51,185 31,134 36,400 36,400 36,400 36,400 36,400 36,400 Contractual services 703,455 808,395 1,320,000 608,600 713,600 713,600 713,600 713,600 Total Expenditures 754,640 839,529 1,356,400 645,000 750,000 750,000 750,000 750,000 Other Financing Sources (uses) transfer to 80th st-undergrounding Xcel (625,480) - - - - - - - Total transfers (625,480) - - - - - - - Increase (decrease) in fund balance FB Balance beginning of year FB Balance end of year (558,774) (71,020) (690,400) 40,000 (42,400) (22,200) (1,400) 20,000 1,626,188 1,067,414 996,394 305,994 345,994 303,594 281,394 279,994 1,067,414 996,394 305,994 345,994 303,594 281,394 279,994 299,994 66 City of Cottage Grove, MN Capital Improvement Plan 2023-2027 Storm Water Utility Fund (230) Projected Financial Position 2020 2021 2022 2023 2024 2025 2026 2027 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Charges for Services* $ 949,712 $ 1,020,513 $ 1,063,000 $ 1,146,550 $ 1,197,400 $ 1,246,100 $ 1,301,000 $ 1,301,000 Intergovernmental - County/State 226,057 204,395 Interest 24,815 (12,076) 10,000 10,000 10,000 10,000 10,000 10,000 Miscellaneous 95,000 Total Revenue 1,200,584 1,307,832 1,073,000 1,156,550 1,207,400 1,256,100 1,311,000 1,311,000 EXPENDITURES Operating expenses 543,436 567,711 559,739 667,270 701,930 722,988 744,678 767,018 Pavement Management 178,935 108,000 236,000 174,000 208,000 154,000 Annual maintenance projects 200,000 200,000 200,000 200,000 200,000 200,000 Developer pass thru 230,503 187,482 80th Street Glacial Valley 77,375 Capital Outlay 33,181 55,000 Total Expenditures 773,939 967,309 837,114 1,030,270 1,137,930 1,096,988 1,152,678 1,121,018 OTHER FINANCING SOURCES (USES) Transfers in Transfers out (41,300) (42,540) (394,046) (45,100) (46,500) (50,000) (50,000) (50,000) Total other sources (41,300) (42,540) (394,046) (45,100) (46,500) (50,000) (50,000) (50,000) Increase (decrease) in fund balance 385,345 297,983 (158,160) 81,180 22,970 109,112 108,322 139,982 FB Beginning balance 1,664,424 2,049,769 2,347,752 2,189,592 2,270,772 2,293,742 2,402,854 2,511,176 FB Ending balance 2,049,769 2,347,752 2,189,592 2,270,772 2,293,742 2,402,854 2,511,176 2,651,159 * Revenue for 2023-2026 from 2021 Storm Water Rate Study 67 City of Cottage Grove, MN Capital Improvement Plan 2023-2027 Water Utility Fund (610) Projected Financial Position 2020 2021 2022 2023 2024 2025 2026 2027 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Charges for Services $ 2,963,362 $ 3,382,209 $ 3,179,554 $ 3,231,000 $ 3,327,930 $ 3,427,768 $ 3,530,601 $ 3,636,519 Bonded Debt 9,000,000 Intergovernmental - County/State 61,849 34,711 Interest 92,769 (46,384) 50,000 50,000 50,000 50,000 50,000 Miscellaneous 39,558 267,091 32,000 30,000 30,000 30,000 30,000 Total Revenue 3,157,538 3,637,627 3,179,554 12,313,000 3,407,930 3,507,768 3,610,601 3,716,519 EXPENDITURES Operating expenses Water meter replacement project Water conservation projects Well maintenance Water tower painting Utilities Building Pavement management 80th Street EPD & Jamaica Capital Equipment Glacial Valley 1,721,950 2,018,904 2,070,000 2,217,620 2,261,972 2,307,212 2,353,356 2,400,423 41,050 100,000 100,000 100,000 100,000 100,000 70,000 70,000 70,000 70,000 70,000 70,000 700,000 1,500,000 12,500,000 99,000 216,000 160,000 191,000 141,000 660,000 357,000 250,000 110,000 115,000 58,125 Total Expenditures 1,763,000 2,018,904 3,698,125 15,453,620 3,672,972 3,337,212 2,714,356 2,711,423 OTHER FINANCING SOURCES (USES) Debt service Interfund loan 210,000 27,500 - - - - - - Transfers in Transfers out (186,000) (245,601) (467,558) (1,197,800) (192,000) (192,000) (192,000) (192,000) Total other sources 24,000 (218,101) (467,558) (1,197,800) (192,000) (192,000) (192,000) (192,000) Increase (decrease) in fund balance 1,418,538 1,400,622 (986,129) (4,338,420) (457,042) (21,444) 704,245 813,096 Unrestricted FB Beginning balance 5,181,205 6,599,743 8,000,365 7,014,236 2,675,816 2,218,773 2,197,329 2,901,574 Unrestricted FB Ending balance 6,599,743 8,000,365 7,014,236 2,675,816 2,218,773 2,197,329 2,901,574 3,714,670 68 City of Cottage Grove, MN Capital Improvement Plan 2023-2027 Sewer Utility Fund (620) Projected Financial Position 2020 ACTUAL 2021 ACTUAL 2022 ESTIMATED 2023 ESTIMATED 2024 ESTIMATED 2025 ESTIMATED 2026 ESTIMATED 2027 ESTIMATED REVENUES Charges for Service $ 3,177,650 $ 3,336,966 $ 3,420,000 $ 3,533,500 $ 3,639,505 $ 3,748,690 $ 3,861,151 $ 3,976,985 Interest 68,548 10,012 30,000 56,000 57,000 57,000 57,000 57,000 Grant -Met Council 250,000 Miscellaneous 12,546 16,028 Total Revenue 3,258,744 3,363,006 3,450,000 3,839,500 3,696,505 3,805,690 3,918,151 4,033,985 EXPENDITURES Operating Expenses 2,837,189 2,959,164 3,432,310 3,585,155 3,692,710 3,803,491 3,917,596 4,035,124 Pavement Management 114,000 248,000 183,000 219,000 162,000 Sewer slip lining - spot replacement 1,000,000 50,000 50,000 50,000 50,000 EPD & Jamaica 357,500 250,000 80th Street 660,000 Glacial Valley 20,125 Total Expenditures 2,837,189 2,959,164 3,452,435 5,056,655 4,900,710 4,036,491 4,186,596 4,247,124 OTHER FINANCING SOURCES (USES) Transfers in Transfers out (295,956) (243,412) (418,313) (197,800) (197,800) (197,800) (197,800) (197,800) Total other sources (295,956) (243,412) (418,313) (197,800) (197,800) (197,800) (197,800) (197,800) Increase (decrease) in fund balance 125,599 160,430 (420,748) (1,414,955) (1,402,005) (428,601) (466,245) (410,938) Unrestricted FB Beginning balance 5,757,830 5,883,429 6,043,859 5,623,111 4,208,156 2,806,151 2,377,551 1,911,306 Unrestricted FB Ending balance 5,883,429 6,043,859 5,623,111 4,208,156 2,806,151 2,377,551 1,911,306 1,500,368 69 City of Cottage Grove, MN Capital Improvement Plan 2023-2027 Street Light Utlity Fund (630) Projected Financial Position 2020 2021 2022 2023 2024 2025 2026 2027 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Charges for Services $ 692,242 $ 747,974 $ 891,000 $ 945,500 $ 973,900 $ 1,003,100 $ 1,033,200 $ 1,064,200 City Supplied Poles $ 218,300 $ 294,300 $ 114,000 $ 175,000 Intergovernmental - County/State 350,000 Interest 8,048 (3,293) 10,000 10,000 10,000 10,000 10,000 Miscellaneous 52,416 73,237 50,000 20,000 150,000 150,000 150,000 150,000 Total Revenue 971,006 1,112,218 1,055,000 1,150,500 1,133,900 1,513,100 1,193,200 1,224,200 EXPENDITURES Operating expenses 932,093 1,045,259 930,000 842,695 859,549 876,740 894,275 912,160 Pavement management 42,000 92,000 263,000 82,000 60,000 Replace/install Signal lights Traffic Signal -Hardwood Ave/Hardwood Ct* 700,000 Traffic Signal-80th/Jamaica 700,000 Traffice Improvement-Keats/Indian Blvd 700,000 80th Street -Ideal to Hwy 61 680,000 Annual system improvements 100,000 100,000 100,000 100,000 100,000 Glacial Valley 60,125 Total Expenditures 932,093 1,045,259 990,125 1,684,695 1,731,549 2,639,740 1,076,275 1,072,160 OTHER FINANCING SOURCES (USES) Transfers in 700,000 Transfers out (48,650) (48,650) (217,960) (50,000) (50,000) (50,000) (50,000) (50,000) Total other sources (48,650) (48,650) (217,960) 650,000 (50,000) (50,000) (50,000) (50,000) Increase (decrease) in fund balance (9,737) 18,309 (153,085) 115,805 (647,649) (1,176,640) 66,925 102,040 Unrestricted FB Beginning balance 444,260 434,523 452,832 299,747 415,552 (232,097) (1,408,737) (1,341,811) Unrestricted FB Ending balance 434,523 452,832 299,747 415,552 (232,097) (1,408,737) (1,341,811) (1,239,772) *Signals will be funded with TIF 1-12 funds. 70 City of Cottage Grove, MN Capital Improvement Plan 2023.2027 Park Improvement Fund (515) Projected Financial Position 2020 2021 2022 2023 2024 2025 2026 2027 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Cell Tower Leases 367,009 359,409 360,000 360,000 360,000 360,000 360,000 360,000 Interest 22,390 (10,461) 10,000 10,000 10,000 10,264 4,267 2,410 other (including donations) 4,525 12,500 80,000 Total Revenue 393,924 361,448 370,000 370,000 450,000 370,264 364,267 362,410 EXPENDITURES Arbor Meadows - playground 100,000 Belden playground equipment 70,000 Belden -backstop repair & curbing 30,000 Bike park - picnic shelter & pump track 17,025 40,000 50,000 Community Center planning for referendum 38,450 56,046 Donations - matching funding 10,000 10,000 10,000 10,000 10,000 Dog Park -small area enrichment & drainage 20,000 Hamlet skatepark 10,000 100,000 Hamlet 19,882 367,445 50,000 Hamlet-N Football/Soccer Field enhancement 30,000 Hamlet -Court Reconstruction 100,000 Hardwood playground equipment 70,000 Hearthside basketball courts & playground 4,480 100,000 Hearthside Park Improvements 100,000 Hidden valley playground 50,000 Highland playground equipment 12,829 150,000 Highland rink lighting 61,000 Highlands -Fence repair 31,834 Ideal playground equipment 65,000 Kingston Park -Building replacement & power supply 600,000 Lamar Park 80,000 10,000 Sport Lighting Improvements 65,000 113,000 65,000 355,000 350,000 Meadowgrass play equip 50,000 Old Cottage Grove Park - Rink boards 26,803 Outdoor fitness equipment -Kingston 30,000 Peter Thompson play equipment 140,000 Pine Coulee -Court Replacement 20,000 Pine Glen -Picnic shelter 40,000 Pinetree Valley Park - Play equipment 51,780 Pinetree Pond Play equipment 65,000 Woodridge shelter/hockey boards replacement 31,816 50,000 West Draw, Granada & Nina Park play equipment 210,000 Automatic locks on park buildings 35,000 35,000 35,000 35,000 35,000 Credit card machine rent 6,348 miscellaneous 636 1,465 Total Expenditures 196,392 580,447 501,000 540,000 518,000 970,000 550,000 475,000 OTHER FINANCING SOURCES (USES) Transfer (to) from pavement management 100,000 Transfer (to) from park trust for inclusive play 100,000 Total other sources 100,000 100,000 Increase (decrease) in fund balance 297,532 (218,999) (131,000) (170,000) 32,000 (599,736) (185,733) (112,590) FB Beginning balance 1,216,908 1,514,440 1,295,441 1,164,441 994,441 1,026,441 426,705 240,972 FB Ending balance 1,514,440 1,295,441 1,164,441 994,441 1,026,441 426,705 240,972 128,382 71 City of Cottage Grove, MN Capital Improvement Plan 2023-2027 Park Trust Fund (570) Projected Financial Position 2020 2021 2022 2023 2024 2025 2026 2027 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Intergovernmental $ 461,900 $ 1,000,000 $ $ - $ $ Park Dedication Fees 1,110,209 1,986,872 1,144,360 200,000 200,000 200,000 200,000 200,000 special assessments 36,640 - Interest 21,955 (13,627) Land sale Miscellaneous - Refunds & Reimbursements 17,135 19,909 Total Revenue 1,185,939 1,993,154 1,606,260 1,200,000 200,000 200,000 200,000 200,000 EXPENDITURES Miscellaneous 16,470 1,612 Camel's Hump Park - develop & trails 18,759 East Ravine Neighborhood 500,000 500,000 Glacial Valley Park 17,400 3,000,000 4,200,000 Hamlet Park Expansion 1,201,694 919,327 500,000 4,000,000 Mississippi Dunes 9,500 1,000,000 7,000,000 Michaels Pointe Park Military Trailhead 200,000 Neighborhood parks NorthPoint Neighborhood Park 500,000 Oakwood Park 786,237 100,000 Parks - master planning 31,087 6,437 15,000 15,000 15,000 15,000 15,000 15,000 Oltman Middle School Ballfields 1,000,000 Roberts Lake Neighborhood development 500,000 Settlers Island landing/picnic pad 10,875 Still Ponds park development 500,000 Strawberry Fields (Swanlund) 265,587 Woodridge Trail 40,000 Total Expenditures 1,278,885 2,006,100 3,115,000 5,715,000 2,755,000 11,015,000 515,000 515,000 OTHER FINANCING SOURCES (USES) Bonded Debt 4,200,000 7,000,000 Transfer from EDA 548,870 Transfer from Utilities 215,750 Transfer from (to) park improvement (100,000) - (130,000) - Total other sources 448,870 215,750 4,070,000 7,000,000 Increase (decrease) in fund balance FB Beginning balance FB Ending balance 355,924 (12,946) (1,292,990) (445,000) (2,555,000) (3,815,000) (315,000) (315,000) 1,162,205 1,518,129 1,505,183 212,193 (232,807) (2,787,807) (6,602,807) (6,917,807) 1,518,129 1,505,183 212,193 (232,807) (21787,807) (6,602,807) (6,917,807) (7,232,807) 72 City of Cottage Grove, MN Capital Improvement Plan 2023-2027 Landscape Initiative -in Fund 510 Projected Financial Position 2020 ACTUAL 2021 2022 ACTUAL ESTIMATED 2023 ESTIMATED 2024 ESTIMATED 2025 ESTIMATED 2026 ESTIMATED 2027 ESTIMATED REVENUES Grants 80,000 Tree Mitigation-6489 266,391 279,914 50,000 40,000 40,000 40,000 40,000 Total Revenue 266,391 279,914 - 50,000 120,000 40,000 40,000 40,000 EXPENDITURES Landscape Initiative Ravine Parkway Landscaping EPD and Jamaica Landscaping Total Expenditures Other Financing Sources (uses) Transfer In Transfer Out Total other sources Increase (decrease) in fund balance FB Beginning balance FB Ending balance 97,027 116,770 55,010 180,000 160,000 110,000 70,000 90,000 350,000 97,027 116,770 55,010 530,000 160,000 110,000 70,000 90,000 169,364 163,144 (55,010) (480,000) (40,000) (70,000) (30,000) (50,000) 371,438 540,802 703,946 648,936 168,936 128,936 58,936 28,936 540,802 703,946 648,936 168,936 128,936 58,936 28,936 (21,064) 73 City of Cottage Grove, MN Capital Improvement Plan 2023-2027 Municipal Building Fund (525) Projected Financial Position 2020 ACTUAL 2021 ACTUAL 2022 ESTIMATED 2023 ESTIMATED 2024 ESTIMATED 2025 ESTIMATED 2026 ESTIMATED 2027 ESTIMATED REVENUES Property taxes 251,003 249,975 250,000 250,000 250,000 250,000 250,000 250,000 intergovernmental - tower rental - PW Tower 55,758 59,431 60,000 60,000 60,000 60,000 60,000 60,000 Investment interest 6,841 (665) Miscellaneous 200 Total Revenue 313,802 308,741 310,000 310,000 310,000 310,000 310,000 310,000 EXPENDITURES Municipal building expenses 419 67,000 PW expenses - 500,000 PS expenses 30,156 HERO Center - Demo 7516 80th St Kitchen expansion -River oaks 713,636 - Fire Station #2 Total Expenditures 743,792 419 67,000 - - 500,000 - - Other Financing Sources (uses) Interfund loan interest (29,650) (27,551) Interfund loan payment (250,000) (250,000) (250,000) (250,000) (250,000) (250,000) Transfer from General Fund 202,607 46,449 Total other sources 172,957 18,898 (250,000) (250,000) (250,000) (250,000) (250,000) (250,000) Increase (decrease) in fund balance (257,033) 327,220 (7,000) 60,000 60,000 (440,000) 60,000 60,000 FB Beginning balance (2,653,558) (2,910,591) (2,583,371) (2,340,371) (2,030,371) (1,720,371) (1,910,371) (1,600,371) FB Ending balance (2,910,591) (2,583,371) (2,340,371) (2,030,371) (1,720,371) (1,910,371) (1,600,371) (1,290,371) Cash Balance at year-end (33,346) 68,281 Interfund Payable at year-end 2,860,000 2,650,000 2,400,000 2,150,000 1,900,000 1,650,000 1,400,000 1,150,000 In addition, there is approximately $600,000 in the Future Projects Fund relating to the HERO Center construction project. 74 City of Cottage Grove, MN Capital Improvement Plan 2023.2027 MSA Construction Fund (560) Projected Financial Position 2020 2021 2022 2023 2024 2025 2026 2027 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Municipal State Aid Construction funds $ 1,998,672 $ 1,739,345 $ 868,442 $ 8,500,000 $ 2,250,000 $ 1,800,000 $ 1,000,000 $ 4,000,000 LRIP $ 1,250,000 Special assessments 340,129 624,882 125,000 200,000 200,000 200,000 Intergovernmental - County/State 50,000 710,000 4,000,000 10,150,000 Intergovernmental -Federal funding 10,800,000 25,000,000 16,033,000 Developer fees 168,982 239,255 768,000 717,000 Assessment/Development Fees 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 Interest Miscellaneous - Total Revenue 2,507,783 2,603,482 1,043,442 9,700,000 16,210,000 32,768,000 2,000,000 31,900,000 EXPENDITURES Professional services -miscellaneous 2,492 2,093 east point Douglas - Roundabout 35,546 103rd Street Bridge 8,000,000 70th Street (in three phases) 8,968 80th Street (80th/Keats Roundabout cost share) 1,000,000 80th Street (CSAH19 to TH 61) Reclamation 4,783,668 32,503 - 80th Street (Ideal to Hwy 61) 9,800,000 Bridge maintenance CSAH 19 and TH 61 1,250,000 1,250,000 33,000,000 22,900,000 East Point Douglas - Jamaica intersection 341,738 1,750,000 7,315,000 5,350,000 800,000 EPD & Ravine Pkwy - Shoppes at Cottage View 5,325,000 4,021,000 1,253,000 Hadley Ave North of 65th 995 Hadley Avenue street work 90th - 100th Harkness Ave Reconstruction 3,162,000 Jamaica Ave - 70th to Military 3,000,000 Ravine Parkway 283,671 126,249 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 River Oaks Hwy 61 RCUT 1,210,000 Total Expenditures 5,106,372 511,551 1,750,000 10,565,000 24,935,000 38,962,000 7,021,000 37,153,000 OTHER FINANCING SOURCES (USES) Bond Proceeds 4,600,000 2,938,000 4,021,000 4,253,000 Transfers in 701,874 1,681,284 1,065,000 3,825,000 3,456,000 Transfers out - PM (168,982) (559,265) Total other sources 701,874 (168,982) 1,122,019 1,065,000 8,425,000 6,394,000 4,021,000 4,253,000 Increase (decrease) in fund balance (1,896,715) 1,922,949 415,461 200,000 (300,000) 200,000 (1,000,000) (1,000,000) Beginning balance, FB (1,642,109) (3,538,824) (1,615,875) (1,200,414) (1,000,414) (1,300,414) (1,100,414) (2,100,414) Ending balance, FB (3,538,824) (1,615,875) (1,200,414) (1,000,414) (1,300,414) (1,100,414) (2,100,414) (3,100,414) Goal 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 Cash Balance (1,248,869) (1,082,326) MSA Beginning Balance 176,174 (2,474,853) (735,508) 1,278,000 (5,208,492) (5,444,984) (5,231,476) (4,217,968) Allocation 1,822,498 1,739,345 2,013,508 2,013,508 2,013,508 2,013,508 2,013,508 2,013,508 Disbursements (4,473,525) (8,500,000) (2,250,000) (1,800,000) (1,000,000) (4,000,000) MSA Ending Balance (2,474,853) (735,508) 1,278,000 (5,208,492) (5,444,984) (5,231,476) (4,217,968) (6,204,460) 75 REVENUES special assessments Interest Miscellaneous Total Revenue EXPENDITURES City of Cottage Grove, MN Capital Improvement Plan 2023-2027 Pavement Management Fund (560) Projected Financial Position 2020 2021 2022 2023 2024 2025 2026 2027 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED 65,618 62,919 65,000 70,000 70,000 70,000 70,000 70,000 26,599 (18,685) 15,000 15,000 15,000 15,000 15,000 15,000 92,217 44,234 80,000 85,000 85,000 85,000 85,000 85,000 Prof Svcs - assmt fees 1,230 1,772 PM 2015 - F2, 90th, Grey Cloud Tr PM 2016 - F3, F5 PM2017-B1 PM 2019-2020 WPD refurb 235 PM 2021 - F5, B1, E1 & River Oaks Parking 157,601 3,432,765 Jamaica Avenue PM 2023- Thompson Grove Estates 7&8 - 2,824,000 PM 2024 - Prestige Estates, See 80th Street Project, Thompson Grove Estates 1&8, EPD (Hy 6,156,000 PM 2025-Thompson Grove Estates 2nd, EDP (Jamaica to Hyde) Kingsborough Trail 4,745,000 PM 2026-Woodridge Parks (E of Jamaica), Cottage Grove Estates, Meadow Acres, Pine Glen 5,436,000 PM 2027-Thompson Grove 11 &12, Woodridge Park Add (W of Jamaica) 4,021,000 Total Expenditures 159,066 3,434,537 - 2,824,000 6,156,000 4,745,000 5,436,000 4,021,000 Revenue over Expenditures (66,849) (3,390,303) 80,000 (2,739,000) (6,071,000) (4,660,000) (5,351,000) (3,936,000) Other Financing Sources (uses) Bond proceeds 3,979,126 2,461,000 5,364,000 3,965,000 4,736,000 3,504,000 Transfers from MSA fund Transfer from general fund 135,071 30,966 Transfers from utility funds 389,948 - 363,000 792,000 780,000 700,000 517,000 Total other sources 135,071 4,400,040 - 2,824,000 6,156,000 4,745,000 5,436,000 4,021,000 Increase (decrease) in fund balance 68,222 1,009,737 80,000 85,000 85,000 85,000 85,000 85,000 FB Beginning balance 1,670,132 1,738,354 2,748,091 2,828,091 2,913,091 2,998,091 3,083,091 3,168,091 FB Ending balance 1,738,354 2,748,091 2,828,091 2,913,091 2,998,091 3,083,091 3,168,091 3,253,091 Goal (this fund should break even) - - 76 - - - - - - City of Cottage Grove, MN Capital Improvement Plan 2023-2027 Water Area Fund (575) Projected Financial Position 2020 2021 2022 2023 2024 2025 2026 2027 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Developer fees $ 986,326 $ 1,916,355 $ 1,277,196 $ 470,000 $ 470,000 $ 470,000 $ 470,000 $ 470,000 Special Assessments 38,399 48,407 48,407 48,407 48,407 48,407 48,407 Intergovernmental - County/State 12,746,601 3M Settlement funds 2,954,885 800,000 Interest 15,032 (19,461) Miscellaneous 27,930 Total Revenue 13,786,358 4,879,709 2,125,603 518,407 518,407 518,407 518,407 518,407 *1»kiU7kIII] [7=? East Ravine infrastructure development 25,000 25,000 25,000 25,000 25,000 25,000 Interim Water Treatment project 3,165,735 784,269 Miscellaneous 40,817 14,202 PFAS Study 385,413 308,355 water main oversizing 110,795 391,143 68,000 10,000 10,000 10,000 10,000 10,000 South District Street & Utilities 334,100 763,800 EPD & Ravine Pkwy - Shoppes at Cottage View 722,000 CSAH 19 & TH 61 1,500,000 Ravine Parkway I & II Intermediate & low zone water treatment facilities 800,000 River Acres watermain extension 6,754,587 612,282 Granada watermain extension 1,888,880 16,919 Well 7&8 treatment 720,315 557,988 Industrial Park Water Tower 4,500,000 100th St watermain 147,778 95th & Jamaica Well #12 Total Expenditures 13,214,320 2,685,158 893,000 4,869,100 1,520,800 1,535,000 35,000 35,000 OTHER FINANCING SOURCES (USES) Bond Proceeds Transfers in 1,000,000 Transfers out (102,330) Total other sources - - (102,330) 1,000,000 - - Increase (decrease) in fund balance 572,038 2,194,551 1,130,273 (3,350,693) (1,002,393) (1,016,593) 483,407 483,407 FB Beginning balance 889,795 1,461,833 3,656,384 4,786,657 1,435,964 433,571 (583,022) (99,615) FB Ending balance 1,461,833 3,656,384 4,786,657 1,435,964 433,571 (583,022) (99,615) 383,792 77 REVENUES Developer fees Special Assessments Intergovernmental - County/State/Federal Interest Miscellaneous Total Revenue EXPENDITURES East Ravine infrastructure development Hy-Vee Miscellaneous South District Street & Utilities 95th & Jamaica EPD & Ravine Pkwy - Shoppes at Cottage View CSAH 19 & TH 61 Harkness Avenue Trunk sewer extension - Met council Trunk Fund Oversizing Sanitary Sewer Plan City of Cottage Grove, MN Capital Improvement Plan 2023-2027 Sewer Area Fund (580) Projected Financial Position 2020 2021 2022 2023 2024 2025 2026 2027 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED 785,072 1,498,054 $ 878,324 $ 470,000 $ 470,000 $ 470,000 $ 470,000 $ 470,000 22,990 1,953,445 1,738,205 3,740 (17,149) 811,802 3,434,350 2,616,529 470,000 470,000 470,000 470,000 470,000 8,987 14,003 15,349 163,291 3,950,107 80,184 25,000 25,000 25,000 25,000 25,000 25,000 1,154,990 792,710 469,000 500,000 485,400 253,000 76,000 10,000 10,000 10,000 10,000 10,000 Total Expenditures 186,281 4,045,640 1,508,990 827,710 504,000 1,020,400 35,000 35,000 OTHER FINANCING SOURCES (USES) Debt Service - principal & interest - - - - - - - - Transfers in Transfers out (239,818) Total other sources - - (239,818) - - - - - Increase (decrease) in fund balance 625,521 (611,290) 867,721 (357,710) (34,000) (550,400) 435,000 435,000 FB Beginning balance 21,858 647,379 36,089 903,810 546,100 512,100 (38,300) 396,700 FB Ending balance 647,379 36,089 903,810 546,100 512,100 (38,300) 396,700 831,700 78 City of Cottage Grove, MN Capital Improvement Plan 2023-2027 Storm Water Area Fund (585) Projected Financial Position 2020 ACTUAL 2021 ACTUAL 2022 ESTIMATED 2023 ESTIMATED 2024 ESTIMATED 2025 ESTIMATED 2026 ESTIMATED 2027 ESTIMATED REVENUES Developer fees $ 792,024 $ 1,878,690 $ 1,736,800 $ 1,300,000 $ 1,300,000 $ 1,300,000 $ 1,300,000 $ 1,300,000 Special Assessments 64,551 Intergovernmental - County/State Interest 58,441 (28,776) Miscellaneous Total Revenue 915,016 1,849,914 1,736,800 1,300,000 1,300,000 1,300,000 1,300,000 1,300,000 EXPENDITURES 95th & Jamaica Improvements 86,524 Business park pond & grading 1,046 River acres water main project 69,800 TG-14 147,439 550,520 East Ravine infrastructure & AUAR 8,987 Anderson 21,883 Miscellaneous 1,834 38,774 197,600 South District Trunk Storm Sewer 3,210,300 South District Street & Utilities 292,000 1,042,570 CSAH 19 & TH 61 EPD & Ravine Pkwy - Shoppes at Cottage View - 134,000 Harkness Avenue 970,600 oversizing 476,535 348,966 161,774 Lake Robert 48,355 210,817 West draw modeling 32,676 Total Expenditures 746,594 747,042 4,412,194 1,042,570 134,000 970,600 - - OTHER FINANCING SOURCES (USES) Transfers in - 95th &Jamaica Transfers in (out) (129,972) (319,059) Total other sources (129,972) - (319,059) - - - - - Increase (decrease) in fund balance 38,450 1,102,872 (2,994,453) 257,430 1,166,000 329,400 1,300,000 1,300,000 FB Beginning balance 4,995,947 5,034,397 6,137,269 3,142,816 3,400,246 4,566,246 4,895,646 6,195,646 FB Ending balance 5,034,397 6,137,269 3,142,816 3,400,246 4,566,246 4,895,646 6,195,646 7,495,646 79 City of Cottage Grove, MN Capital Improvement Plan 2023-2027 3M Settlement/MPCA Fund 455 Projected Financial Position 2020 2021 2022 2023 2024 2025 2026 2027 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES 3M Settlement funds $ 2,631,697 $ 548,697 $ 15,860,000 $ 27,900,000 $ 5,000,000 Interest - Miscellaneous Total Revenue - 2,631,697 548,697 15,860,000 27,900,000 - 5,000,000 - EXPENDITURES Land Purchase 2,401,553 PFAS Study Low Zone Treatment Facility 35,842 76,963 Intermediate Zone Treatment Facilities 55,195 26,229 Intermediate & low zone water treatment facilities 200,000 Settlement Agreement Services 8,288 Goodview Ave Watermain Extension 142,004 165,373 Well 13 Services 68,947 Low Zone Water Treatment Plant & Well 13 15,860,000 Intermediate Zone Water Treatment Plant 27,900,000 Well 1, Well 2, & Temp Treatment Plant decomm. 5,000,000 Total Expenditures - 2,642,882 537,512 15,860,000 27,900,000 - 5,000,000 - OTHER FINANCING SOURCES (USES) Bond Proceeds Transfers in Transfers out Total other sources - - - - - - - - Increase (decrease) in fund balance - (11,185) 11,185 - - - - - FB Beginning balance - (11,185) - - - - - FB Ending balance - (11,185) - - - - - - Goal 80 City of Cottage Grove, MN Capital Improvement Plan 2023-2027 Developer Petitioned Fund -Fund 568 Projected Financial Position 2019 2020 2021 2022 2023 2024 2025 2026 2027 ACTUAL ACTUAL ACTUAL Estimated ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Summers Landing 1st 1,589,102 668,662 157,906 16,690 Summers Landing 3rd 1,105,148 720,107 40,187 Summers Landing 4th 1,128,890 2,656,951 11,977 Summers Landing 5th 2,162,862 Parkview Pointe 88,554 1,558,182 1,142,330 54,750 Developer Fees 3,030,000 Investment Interest (3,016) (50,619) SWWSD 13,019 Total Revenue 2,782,804 4,088,860 6,157,220 32,798 3,030,000 EXPENDITURES Summers Landing 1st 1,901,223 3,728,658 2,462,363 160,954 Parkview Pointe 1,910,597 206,895 13,836 223,923 South District Street & Utility Improve. 1,780,900 6,760,000 Total Expenditures 3,811,820 3,935,553 2,476,199 2,165,777 6,760,000 - - - - Other Financing Sources (uses) - Bond proceeds Close Fund Transfer in for South District 1,780,855 3,730,000 Total other sources - - - 1,780,855 3,730,000 - - - - Increase (decrease) in fund balance (1,029,016) 153,307 3,681,021 (352,124) FB Beginning balance (1,588,304) (2,617,320) (2,464,013) 1,217,008 864,884 864,884 864,884 864,884 864,884 FB Ending balance (2,617,320) (2,464,013) 1,217,008 864,884 864,884 864,884 864,884 864,884 864,884 81