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CR 08-073 2009-20113 Capital Improvement PlanAugust 4, 2008 Council Report 2008 -073 2009 -2013 CAPITAL IMPROVEMENT PLAN Proposed Action Staff recommends adoption of the following motion: Move to adopt the 2009 -2013 Capital Improvements Plan. Adoption of this motion will authorize staff to begin efforts to implement 2009 projects by including them in the 2009 budget process, and to begin the preliminary process for their implementation. 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 the Park Board and Planning Commission, as well as the 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 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 • Power point presentation • 2009 -2013 Capital Improvements Plan Christine M. Harkess, CPA, CGFM Finance Director Financial Impact: $ projects included in budgets s _ Budgeted: Y/N X N Source: Various Related Documents (CIP, ERP, etc.): CIP Notes: CAPITAL IMPROVEMENT PLAN City of Hopkins 2009 - 2013 � Funding SOU[c8S mToxea m Special assessments * Special fees | m Municipal state aid a Utilities revenues m otheruowommema\ units. The impact of specific capital projects are carefully considered prior to approval of the project. Parks ,, 11 , 0. e Repair Valley Park Basketball Court a Interlachen Park Picnic Shelter a Resurface Burnes Park Tennis Courts a Construct Picnic Shelter — Cottageville Park a Replace Play Equipment — Cottageville Park Skate Park Improvements Total Estimated Cost $154,000 Resurface tennis courts Replace play equipment r C|PB@Okn[OURH o The Capital Improvement Plan iso tool for long range capital planning and financial projections. o The plan io reviewed annually to ensure the overall objectives of City development, assessment of project needs and the City's fiscal capabilities. a Following are some highlights cf the plan for 80= � CMx[�Ui(d(OgS ' wCitVHall | "Council Chamber video equipment ' m Arts Center | " Wireless imometinstallation ° p�`^//"" �' " Bleacher heating replacement Total Estimated Cost $46,000 Pavilion Street Improvements o The city has o pavement management plan which prov information regarding scheduled street repairs and improvements. ~=.~"nt=on^m. Ma, =` r � � _���� EQUIPMENT REPLACEMENT PLAN 1 Street Improvements 9 Municipal State Aid street improvements Total Estimated Cost $2,450,000 •i ii' /�+ Utility Improvements �9 In most cases, where street reconstruction ` takes place, storm sewer facilities either need upgrading or replacement. * In some cases water main and sanitary ' sewer needs to be rehabilitated. r 0 In 2009 we are anticipating 1 � $230,000 in utility improvements. ,:. Conclusion *2009 improvements total $3,179,000 o Funding c Cable N Fund $ 45,000 o Municipal State Aid $ 300,000 VI ' o Park Dedication funds $ 89,000 o Utility funds $ 834,000 a Capital Improvement fund $ 46,000 a Special Assessments o PIR/Bonding $ 900,000 $ 900,000 o Other Government Units $ 65,000 Street Improvements The planning for the Shady Oak Road 4. (Co Rd 61) improvements began in 2005 for 2011/2012 construction. *The project is estimated to cost Hopkins $5,000,000. M h y1 w Y C( J X- } Utility Improvements ' 6 Water Meter Replacement $ 95,000 e Lake Elmo Emergency Generator $373,000 K Storm Drainage System = Maintenance $ 16,000 +r�i III f � 'r ► EQUIPMENT REPLACEMENT PLAN 2