VII.2. 2020-2024 Capital Improvement Plan (CIP); Bishop
October 15, 2019 Council Report 2019-107
2020-2024 CAPITAL IMPROVEMENT PLAN (CIP)
Proposed Action
Staff recommends adoption of the following motion: Move to adopt the 2020-2024 Capital Improvements
Plan.
Overview
The Capital Improvements Plan is a planning document intended to help the City anticipate major capital
items and to consider the financial impact of proceeding with those planned improvements.
Discussions have been held with City Council, in detailing proposed and necessary improvements.
Staff is recommending adoption of the plan.
Primary Issues to Consider
• Does adoption of the CIP mean projects will be implemented?
The CIP is a planning document, not an implementation action, and therefore, additional approvals
will be necessary for most projects to proceed. Appropriate notifications would also be made for
those projects that have funding implications.
• Are funds available for all projects?
The plan outlines funding implications if all projects are implemented. Necessary funding changes
have been anticipated as part of this plan, and are recommended therein
Supporting Information
• 2020-2024 Capital Improvements Plan
______________________________
Nick Bishop, CPA
Finance Director
Financial Impact: $ projects included in budgets Budgeted: Y/N X N Source: Various
Related Documents (CIP, ERP, etc.): __CIP_________ Notes: ____________________
City of Hopkins
Park Capital Improvements Fund (301)
ACTUAL PROJECTED BUDGET BUDGET BUDGET BUDGET BUDGET
2018 2019 2020 2021 2022 2023 2024
Working Capital Begin Year 1,088,355 78,084 (75,734) (16,212) 629,510 710,627 765,755
Revenues
Franchise Fees 305,022 305,022 305,022 305,022 305,022 305,022 -
Dedication Fees-Creekview Apartments - - - - - - -
Dedication Fees-Cold Storage - - - 750,000 - - -
Dedication Fees-Sanctuary at Oakridge 27,000 - - - - - -
Interest earnings - 781 - - 6,295 7,106 7,658
Hennepin County Grants - - - - - - -
Donations - - - - - - -
Transfer In 120,000 - - - - - -
Bond Proceeds - - - - - - -
Total Revenues 452,022 305,803 305,022 1,055,022 311,317 312,128 7,658
Expenditures
Current 7,000 7,000 7,000 7,000 7,000 7,000 7,000
Capital Projects 745,293 342,621 128,500 292,300 108,200 130,000 53,300
Transfer Out 600,000 - - - - - -
Bond Payment Contribution (2015)10,000 10,000 10,000 10,000 10,000 10,000 10,000
Bond Payment Contribution (2016)100,000 100,000 100,000 100,000 105,000 110,000 110,000
Bond Payment Contribution (2017)- - - - - - -
Total Expenditures 1,462,293 459,621 245,500 409,300 230,200 257,000 180,300
Working Capital Ending Balance 78,084 (75,734) (16,212) 629,510 710,627 765,755 593,113
(Unrestricted Net Position)
City of Hopkins
Capital Improvements Fund (305)
ACTUAL PROJECTED BUDGET BUDGET BUDGET BUDGET BUDGET
2018 2019 2020 2021 2022 2023 2024
Working Capital Begin Year (145,647) (404,874) 182,126 174,876 24,876 91,876 31,876
Revenues from charges
Tax Levy per FMP 73,528 100,000 100,000 175,000 100,000 100,000 100,000
Interest earnings 44 - - - - - -
Other revenues 3,240 - - - - - -
Bond Proceeds - - - - - - -
Franchise Fees - 360,000 360,000 360,000 360,000 360,000 360,000
Interfund Loan or Bond Proceeds - - - - - - -
City Hall Bond Proceeds - 4,245,000 - - - - -
Total Revenues 76,812 4,705,000 460,000 535,000 460,000 460,000 460,000
Expenditures
Current 17,035 - - - - - -
Capital Projects 319,004 4,118,000 107,250 325,000 33,000 160,000 82,000
City Hall Debt Service 360,000 360,000 360,000 360,000 360,000
Total Expenditures 336,039 4,118,000 467,250 685,000 393,000 520,000 442,000
Working Capital Ending Balance (404,874) 182,126 174,876 24,876 91,876 31,876 49,876
(Unrestricted Net Position)
City of Hopkins
Permanent Improving Revolving Fund (501)
ACTUAL PROJECTED BUDGET BUDGET BUDGET BUDGET BUDGET
2018 2019 2020 2021 2022 2023 2024
Working Capital Begin Year 1,655,606 (925,676) 547,921 316,400 372,564 431,290 365,603
Revenues
Tax Levy per FMP 391 - - - - - -
Special Assessments (Prepaid)197,395 250,000 320,000 320,000 100,000 210,000 109,200
Grants 6,388,346 2,938,700 - - - - -
Reimbursements - 1,570,829 - - - - -
Investments 155,284 (9,257) 5,479 3,164 3,726 4,313 3,656
Bond Proceeds 3,753,461 5,805,300 5,600,000 5,600,000 1,750,000 5,100,000 4,675,000
- - - - - - -
Total Revenues 10,494,877 10,555,572 5,925,479 5,923,164 1,853,726 5,314,313 4,787,856
Expenditures
Current - - - - - - -
Residential Street Improvements 3,278,682 3,510,000 4,592,000 4,672,000 1,150,000 3,220,000 3,520,000
8th Avenue Construction 391,242 - - - - - -
County Rd 3 - - - - - 1,600,000 -
Light Rail Transit Stations - - 800,000 - - - -
Pedestrian & Bicycle Access Improvements - 25,000 125,000 200,000 25,000 25,000 25,000
Blake Road Corridor Improvements 9,336,410 5,201,975 - - - - -
Street Overlay Improvements - 325,000 350,000 375,000 400,000 425,000 450,000
Street Sign Management - 20,000 20,000 20,000 20,000 20,000 20,000
Street Lighting Projects - - 210,000 230,000 200,000 90,000 225,000
Park Projects - - 60,000 370,000 - - -
Minnetonka Mills Signal Replacement - - - - - - 590,000
Transfer Out 69,825 - - - - - -
Total Expenditures 13,076,159 9,081,975 6,157,000 5,867,000 1,795,000 5,380,000 4,830,000
Working Capital Ending Balance (925,676) 547,921 316,400 372,564 431,290 365,603 323,459
(Unrestricted Net Position)
City of Hopkins
Municipal State Aid Fund (302)
ACTUAL BUDGET BUDGET BUDGET BUDGET BUDGET BUDGET
2018 2019 2020 2021 2022 2023 2024
Working Capital Begin Year (650,590) 98,489 589,293 1,085,005 1,585,674 2,091,350 1,902,083
Revenues
State MSA Funds, projects 489,819 489,819 489,819 489,819 489,819 489,819 489,819
Community Works Grant - County 222,994
Interest Earnings - 985 5,893 10,850 15,857 20,914 19,021
Total Revenues 712,813 490,804 495,712 500,669 505,676 510,733 508,840
Expenditures
CIP State Aid Projects (36,266) - - - - 700,000 500,000
Total Expenditures (36,266) - - - - 700,000 500,000
Working Capital Ending Balance 98,489 589,293 1,085,005 1,585,674 2,091,350 1,902,083 1,910,923
(Unrestricted Net Position)
CAPITAL IMPROVEMENT PLAN
City of Hopkins, MN - CIP
DEPARTMENT SUMMARY
2020 2024thru
Total20202021202220232024Department
Comm Svcs - Activity Center 465,00010,000 280,000 15,000 160,000
Comm Svcs - Arts Center 379,000152,000 57,000 20,000 150,000
Fire 151,00024,000 45,000 82,000
Pavilion 386,000191,000 90,000 105,000
Police 73,25073,250
Public Works: Bldg/Equip Serv 90,00090,000
Public Works: Parks 1,140,000160,000 700,000 100,000 130,000 50,000
Public Works: Streets/Traffic 39,683,0009,275,000 10,215,000 3,020,000 9,353,000 7,820,000
Public Works: Transportation 800,000800,000
Public Works: Utilities 4,347,50073,000 74,000 4,032,500 81,000 87,000
Recreation 315,00085,000 185,000 25,000 10,000 10,000
10,843,250 11,556,000 7,302,500 9,974,000 8,154,000 47,829,750TOTAL
Wednesday, October 9, 2019
CAPITAL IMPROVEMENT PLAN
City of Hopkins, MN - CIP
PROJECTS BY DEPARTMENT
2020 2024thru
Total20202021202220232024DepartmentProject #Priority
Comm Svcs - Activity Center
08-CIP-AC018 105,000105,000Activity Center - Replace Gymnasium Roof n/a
08-CIP-AC024 80,00080,000Activity Center - Raspberry Room Roof Replacement n/a
09-CIP-AC031 80,00080,000Activity Center - Lower Roof Replacement n/a
19-CIP-AC045 185,00010,000 175,000Activity Center - Facility Improvements n/a
19-CIP-AC048 15,00015,000Activity Center - Gym Acoustical Panels n/a
465,00010,000 280,000 15,000 160,000Comm Svcs - Activity Center Total
Comm Svcs - Arts Center
17-CIP-AR004 80,00080,000Arts Center - Theater Curtains 3
19-CIP-AR001 44,00022,000 22,000Arts Center - Carpeting 2
19-CIP-AR003 15,00015,000Arts Center - Tile Flooring n/a
19-CIP-AR005 60,00020,000 20,000 20,000Arts Center - Key Card Exterior & Interior Access 2
19-CIP-AR006 30,00030,000Arts Center - Fire Panel 2
19-CIP-AR007 150,000150,000Arts Center - Roof Replacement 2
379,000152,000 57,000 20,000 150,000Comm Svcs - Arts Center Total
Fire
08-CIP-B121 82,00082,000Fire Station: Replace 25 Ton AHU n/a
08-CIP-FD123 45,00045,000Fire Station - Replace Boilers n/a
19-CIP-FD001 24,00024,000Fire - Garage Door Openers 2
151,00024,000 45,000 82,000Fire Total
Pavilion
19-CIP-PV330 90,00090,000Pavilion - Indoor Turf System Replacement 2
19-CIP-PV331 12,00012,000Pavilion - Arena Lighting Replacement 2
19-CIP-PV332 89,00089,000Pavilion - Pav/Cent Park Sound System 2
20-CIP-PV333 90,00090,000Pavilion - Mezzanine Flooring Replacement 3
20-CIP-PV334 105,000105,000Pavilion - Arena Exit Door Replacement 3
386,000191,000 90,000 105,000Pavilion Total
Police
08-CIP-PD016 73,25073,250Replace Carpet - Police Station n/a
73,25073,250Police Total
Public Works: Bldg/Equip Serv
08-CIP-B023 90,00090,000Public Works - Replace Overhead Doors n/a
90,00090,000Public Works: Bldg/Equip Serv Total
Public Works: Parks
13-CIP-P044 130,000130,000Oakes Park - Tennis Courts n/a
Wednesday, October 9, 2019
Total20202021202220232024DepartmentProject #Priority
13-CIP-P063 100,000100,000Maetzold Field - Pavilion n/a
13-CIP-P066 150,000150,000Shady Oak Beach - Picnic Shelter 3
13-CIP-P068 60,00060,000Valley Park - Picnic Shelter 3
13-CIP-P070 50,00050,000Downtown Park - Lighting n/a
16-CIP-P002 410,00060,000 350,000Minnehaha Creek Overlook - Blake Rd/Lake St Pedest n/a
17-CIP-P004 240,00040,000 200,000Downtown Park Rehab 3
1,140,000160,000 700,000 100,000 130,000 50,000Public Works: Parks Total
Public Works: Streets/Traffic
01-CIP-S101 33,328,0008,570,000 9,390,000 2,375,000 6,493,000 6,500,000Residential Street Improvements and Utilities n/a
01-CIP-S104 2,300,0002,300,000County Road 3 n/a
13-CIP-S040 200,00025,000 100,000 25,000 25,000 25,000Pedestrian & Bicycle Access Improvements n/a
16-CIP-S041 2,000,000350,000 375,000 400,000 425,000 450,000Street Rehabilitation Improvements n/a
16-CIP-S042 100,00020,000 20,000 20,000 20,000 20,000Street Sign Management n/a
20-CIP-S001 140,000100,000 40,000Central Business District Lighting Upgrades n/a
20-CIP-S002 815,000110,000 190,000 200,000 90,000 225,000City Street Lighting Upgrades n/a
20-CIP-S004 100,000100,000Hopkins Crossroads (CSAH 73) Trail Segments 5
20-CIP-S005 600,000600,000Minnetonka Mills/5th St N Signal Replacement 5
20-CIP-S006 100,000100,000Trail Segment - Placeholder n/a
39,683,0009,275,000 10,215,000 3,020,000 9,353,000 7,820,000Public Works: Streets/Traffic Total
Public Works: Transportation
01-CIP-S502 800,000800,000Light Rail Transit Stations (3)n/a
800,000800,000Public Works: Transportation Total
Public Works: Utilities
01-CIP-U002 125,00023,000 24,000 25,000 26,000 27,000Storm Drainage System Maintenance - Alley Repairs n/a
18-CIP-U016 267,50050,000 50,000 52,500 55,000 60,000Sewer Lining 2
19-CIP-U017 3,955,0003,955,000Trunk Water Main Rehabilitation 2
4,347,50073,000 74,000 4,032,500 81,000 87,000Public Works: Utilities Total
Recreation
16-CIP-R003 315,00085,000 185,000 25,000 10,000 10,000Shady Oak Beach Improvements 3
315,00085,000 185,000 25,000 10,000 10,000Recreation Total
GRAND TOTAL 47,829,75010,843,250 11,556,000 7,302,500 9,974,000 8,154,000
Wednesday, October 9, 2019
CAPITAL IMPROVEMENT PLAN
City of Hopkins, MN - CIP
FUNDING SOURCE SUMMARY
2020 thru 2024
TotalSource20202021202220232024
AC - Arts Center Fund 379,000152,000 57,000 20,000 150,000
CI - Capital Improvement Fund 707,250107,250 325,000 33,000 160,000 82,000
GU - Other Governmental Units 2,209,40056,500 222,700 16,800 1,606,700 306,700
MS - Municipal State Aid Streets 1,200,000700,000 500,000
PA - Pavilion Fund 386,000191,000 90,000 105,000
PDF- Park Dedication Fund 715,600128,500 292,300 108,200 133,300 53,300
PI - PIR/General Obligation Bonds 18,583,0004,557,000 4,267,000 2,745,000 2,730,000 4,284,000
RF - Refuse Fund 18,00018,000
SA - Special Assessment 5,296,0001,600,000 1,600,000 500,000 1,050,000 546,000
SF - Sanitary Sewer Fund 6,425,5001,557,000 1,757,000 965,500 1,418,000 728,000
SU - Storm Sewer Fund 3,845,000843,000 964,000 428,000 506,000 1,104,000
WF - Water Fund 8,065,0001,651,000 2,071,000 2,468,000 1,430,000 445,000
10,843,250 11,556,000 7,302,500 9,974,000 8,154,000 47,829,750GRAND TOTAL
Wednesday, October 9, 2019
CAPITAL IMPROVEMENT PLAN
City of Hopkins, MN - CIP
PROJECTS BY FUNDING SOURCE
2020 2024thru
TotalSourceProject #Priority 2020 2021 2022 2023 2024
AC - Arts Center Fund
17-CIP-AR004 80,00080,000Arts Center - Theater Curtains 3
19-CIP-AR001 44,00022,000 22,000Arts Center - Carpeting 2
19-CIP-AR003 15,00015,000Arts Center - Tile Flooring n/a
19-CIP-AR005 60,00020,000 20,000 20,000Arts Center - Key Card Exterior & Interior Access 2
19-CIP-AR006 30,00030,000Arts Center - Fire Panel 2
19-CIP-AR007 150,000150,000Arts Center - Roof Replacement 2
379,000152,000 57,000 20,000 150,000AC - Arts Center Fund Total
CI - Capital Improvement Fund
08-CIP-AC018 105,000105,000Activity Center - Replace Gymnasium Roof n/a
08-CIP-AC024 80,00080,000Activity Center - Raspberry Room Roof Replacement n/a
08-CIP-B023 18,00018,000Public Works - Replace Overhead Doors n/a
08-CIP-B121 82,00082,000Fire Station: Replace 25 Ton AHU n/a
08-CIP-FD123 45,00045,000Fire Station - Replace Boilers n/a
08-CIP-PD016 73,25073,250Replace Carpet - Police Station n/a
09-CIP-AC031 80,00080,000Activity Center - Lower Roof Replacement n/a
19-CIP-AC045 185,00010,000 175,000Activity Center - Facility Improvements n/a
19-CIP-AC048 15,00015,000Activity Center - Gym Acoustical Panels n/a
19-CIP-FD001 24,00024,000Fire - Garage Door Openers 2
707,250107,250 325,000 33,000 160,000 82,000CI - Capital Improvement Fund Total
GU - Other Governmental Units
01-CIP-S101 300,000300,000Residential Street Improvements and Utilities n/a
01-CIP-S104 1,600,0001,600,000County Road 3 n/a
13-CIP-P066 100,000100,000Shady Oak Beach - Picnic Shelter 3
16-CIP-R003 209,40056,500 122,700 16,800 6,700 6,700Shady Oak Beach Improvements 3
2,209,40056,500 222,700 16,800 1,606,700 306,700GU - Other Governmental Units Total
MS - Municipal State Aid Streets
01-CIP-S101 500,000500,000Residential Street Improvements and Utilities n/a
01-CIP-S104 700,000700,000County Road 3 n/a
1,200,000700,000 500,000MS - Municipal State Aid Streets Total
PA - Pavilion Fund
19-CIP-PV330 90,00090,000Pavilion - Indoor Turf System Replacement 2
19-CIP-PV331 12,00012,000Pavilion - Arena Lighting Replacement 2
19-CIP-PV332 89,00089,000Pavilion - Pav/Cent Park Sound System 2
20-CIP-PV333 90,00090,000Pavilion - Mezzanine Flooring Replacement 3
Wednesday, October 9, 2019
TotalSourceProject #Priority 2020 2021 2022 2023 2024
20-CIP-PV334 105,000105,000Pavilion - Arena Exit Door Replacement 3
386,000191,000 90,000 105,000PA - Pavilion Fund Total
PDF- Park Dedication Fund
13-CIP-P044 130,000130,000Oakes Park - Tennis Courts n/a
13-CIP-P063 100,000100,000Maetzold Field - Pavilion n/a
13-CIP-P066 50,00050,000Shady Oak Beach - Picnic Shelter 3
13-CIP-P068 60,00060,000Valley Park - Picnic Shelter 3
13-CIP-P070 50,00050,000Downtown Park - Lighting n/a
16-CIP-P002 180,000180,000Minnehaha Creek Overlook - Blake Rd/Lake St Pedest n/a
16-CIP-R003 105,60028,500 62,300 8,200 3,300 3,300Shady Oak Beach Improvements 3
17-CIP-P004 40,00040,000Downtown Park Rehab 3
715,600128,500 292,300 108,200 133,300 53,300PDF- Park Dedication Fund Total
PI - PIR/General Obligation Bonds
01-CIP-S101 11,858,0002,992,000 3,072,000 650,000 2,170,000 2,974,000Residential Street Improvements and Utilities n/a
01-CIP-S502 800,000800,000Light Rail Transit Stations (3)n/a
13-CIP-S040 200,00025,000 100,000 25,000 25,000 25,000Pedestrian & Bicycle Access Improvements n/a
16-CIP-P002 230,00060,000 170,000Minnehaha Creek Overlook - Blake Rd/Lake St Pedest n/a
16-CIP-S041 2,000,000350,000 375,000 400,000 425,000 450,000Street Rehabilitation Improvements n/a
16-CIP-S042 100,00020,000 20,000 20,000 20,000 20,000Street Sign Management n/a
17-CIP-P004 200,000200,000Downtown Park Rehab 3
19-CIP-U017 1,450,0001,450,000Trunk Water Main Rehabilitation 2
20-CIP-S001 140,000100,000 40,000Central Business District Lighting Upgrades n/a
20-CIP-S002 815,000110,000 190,000 200,000 90,000 225,000City Street Lighting Upgrades n/a
20-CIP-S004 100,000100,000Hopkins Crossroads (CSAH 73) Trail Segments 5
20-CIP-S005 590,000590,000Minnetonka Mills/5th St N Signal Replacement 5
20-CIP-S006 100,000100,000Trail Segment - Placeholder n/a
18,583,0004,557,000 4,267,000 2,745,000 2,730,000 4,284,000PI - PIR/General Obligation Bonds Total
RF - Refuse Fund
08-CIP-B023 18,00018,000Public Works - Replace Overhead Doors n/a
18,00018,000RF - Refuse Fund Total
SA - Special Assessment
01-CIP-S101 5,296,0001,600,000 1,600,000 500,000 1,050,000 546,000Residential Street Improvements and Utilities n/a
5,296,0001,600,000 1,600,000 500,000 1,050,000 546,000SA - Special Assessment Total
SF - Sanitary Sewer Fund
01-CIP-S101 5,745,0001,507,000 1,707,000 500,000 1,363,000 668,000Residential Street Improvements and Utilities n/a
08-CIP-B023 18,00018,000Public Works - Replace Overhead Doors n/a
18-CIP-U016 267,50050,000 50,000 52,500 55,000 60,000Sewer Lining 2
19-CIP-U017 395,000395,000Trunk Water Main Rehabilitation 2
6,425,5001,557,000 1,757,000 965,500 1,418,000 728,000SF - Sanitary Sewer Fund Total
SU - Storm Sewer Fund
Wednesday, October 9, 2019
TotalSourceProject #Priority 2020 2021 2022 2023 2024
01-CIP-S101 3,532,000820,000 940,000 225,000 480,000 1,067,000Residential Street Improvements and Utilities n/a
01-CIP-U002 125,00023,000 24,000 25,000 26,000 27,000Storm Drainage System Maintenance - Alley Repairs n/a
08-CIP-B023 18,00018,000Public Works - Replace Overhead Doors n/a
19-CIP-U017 160,000160,000Trunk Water Main Rehabilitation 2
20-CIP-S005 10,00010,000Minnetonka Mills/5th St N Signal Replacement 5
3,845,000843,000 964,000 428,000 506,000 1,104,000SU - Storm Sewer Fund Total
WF - Water Fund
01-CIP-S101 6,097,0001,651,000 2,071,000 500,000 1,430,000 445,000Residential Street Improvements and Utilities n/a
08-CIP-B023 18,00018,000Public Works - Replace Overhead Doors n/a
19-CIP-U017 1,950,0001,950,000Trunk Water Main Rehabilitation 2
8,065,0001,651,000 2,071,000 2,468,000 1,430,000 445,000WF - Water Fund Total
47,829,75010,843,250 11,556,000 7,302,500 9,974,000 8,154,000GRAND TOTAL
Wednesday, October 9, 2019