Loading...
ITEM 4 ParksThursday, October 17, 2019 PARKS - 1 City of Otsego, Minnesota Capital Improvement Plan 2020 thru 2029 PROJECTS BY FUNDING SOURCE Source # Priority 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Total 202 - Trail Management Trail Maintenance PARK -2020-01 n/a 32,000 32,000 Trail Maintenance PARK -2021-01 n/a 33,000 33,000 Trail Maintenance PARK -2022-01 n/a 34,000 34,000 Trail Maintenance PARK -2023-01 n/a 35,000 35,000 Trail Maintenance PARK -2024-01 n/a 36,000 36,000 Trail Maintenance PARK -2025-01 n/a 37,000 37,000 Trail Maintenance PARK -2026-01 n/a 38,000 38,000 Trail Maintenance PARK -2027-01 n/a 39,000 39,000 Trail Maintenance PARK -2028-01 n/a 40,000 40,000 Trail Maintenance PARK -2029-01 n/a 41,000 41,000 202 - Trail Management Total 32,000 33,000 34,000 35,000 36,000 37,000 38,000 39,000 40,000 41,000 365,000 GRAND TOTAL 32,000 33,000 34,000 35,000 36,000 37,000 38,000 39,000 40,000 41,000 365,000 Thursday, October 17, 2019 City of Otsego Trail Management Fund Cash Flow Summary V Revised: October 22, 2019 3.13% 3.03% 2.94% 2.86% 2.78% 2.70% 2.63% 2.56% 2.50% 2.44% Forecast Projection - Capital Improvement Plan 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Revenues Property Taxes Intergovernmental Investment Interest Miscellaneous Transfers In Total Expenses Engineering Other Charges & Services Capital Outlay Capital Outlay (CIP) Transfers Out Total Cash Balance - Beginning Balance Sheet Effects Revenues Expenditures Cash Balance - Ending $ 32,000 $ 33,000 $ 34,000 $ 35,000 $ 36,000 $ 37,000 $ 38,000 $ 39,000 $ 40,000 $ 41,000 $ 42,000 PARKS - 2 Comments 32,000 33,000 34,000 35,000 36,000 37,000 38,000 39,000 40,000 41,000 42,000 29,731 - - - - - - - - - - - 32,000 33,000 34,000 35,000 36,000 37,000 38,000 39,000 40,000 41,000 DRAFT 2020-2029 CIP 29,731 32,000 33,000 34,000 35,000 36,000 37,000 38,000 39,000 40,000 41,000 3,765 6,034 7,034 8,034 9,034 10,034 11,034 12,034 13,034 14,034 15,034 32,000 33,000 34,000 35,000 36,000 37,000 38,000 39,000 40,000 41,000 42,000 (29,731) (32,000) (33,000) (34,000) (35,000) (36,000) (37,000) (38,000) (39,000) (40,000) (41,000) $ 6,034 $ 7,034 $ 8,034 $ 9,034 $ 10,034 $ 11,034 $ 12,034 $ 13,034 $ 14,034 $ 15,034 $ 16,034 X:\Budget\2020\Cash Flows\Capital Funds 202 -Trail Management City of Otsego, Minnesota Capital Improvement Plan 2020 thru 2029 PROJECTS BY FUNDING SOURCE Source # Priority 2020 2021 2022 2023 2024 2025 203 - Park Development 650,000 35,000 35,000 Splash Pad Improvements - Prairie PARK -2020-02 nla 80,000 Park 240,000 65,000 65,000 Pickleball Courts - Prairie Park PARK -2020-03 nla 160,000 Dog Park Expansion - Prairie Park PARK -2020-04 nla 10,000 Ashwood Neighborhood Park PARK -2021-02 nla Wilson Preserve - Boardwalk PARK -2021-03 nla Carrick's Waterfront - Landscape PARK -2021-04 nla Improvements Ballfields Complex - Prairie Park PARK -2022-02 nla Concessions & Restrooms - Prairie PARK -2025-02 nla Park Shelter - Prairie Park PARK -2026-02 nla Ballfield & Soccer Lighting - Prairie PARK -2027-02 nla Park 203 - Park Development Total 250,000 GRAND TOTAL 250,000 80,000 814,420 677,147 155,040 240,000 65,000 1,500,000 PARKS -3 2026 2027 2028 2029 Total 80,000 160,000 10,000 10,000 640,000 650,000 35,000 35,000 35,000 35,000 174,420 677,147 155,040 1,006,607 240,000 240,000 65,000 65,000 1,500,000 1,500,000 80,000 814,420 677,147 155,040 240,000 65,000 1,500,000 3,781,607 3,781,607 Thursday, October 17, 2019 PARKS -4 Capital Improvement Plan City of Otsego, Minnesota 'roject # PARK -2020-02 3roject Name Splash Pad Improvements -Prairie Park 2020 Ihn, 2029 Type Parks & Recreation Department Parks & Recreation Useful Life Contact Park & Recreation Director Category Parks & Recreation Priority n/a Description I Total Project Cost: $80,000 mprovements, repairs, and maintenance to the Splash Pad at Prairie Park. Justification Che City Council adopted the Parks and Recreation Master Plan in July of 2019. The purpose of this plan is to guidance for how to grow and maintain existing and future parks and recreation )rogramming for the next 10-20 years by integrating community input and current services and infrastructure with best practices in recreation and park planning standards. Jne of the recommendations from the Master Plan was to: make above ground feature improvements to the splash pad. These improvements are further classified as a short-term project within the Vlaster Plan. These improvements will also serve as an ideal time to complete certain repairs and maintenance items which have been evident since 2017. Expenditures 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Total Parks & Recreation 80,000 80,000 Total 80,000 80,000 Funding Sources 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Total 203 - Park Development 80,000 80,000 Total 80,000 80,000 Tuesday, October 22, 2019 Capital Improvement Plan City of Otsego, Minnesota Project # PARK -2020-03 Project Name Pickleball Courts -Prairie Park Type Parks & Recreation Useful Life Category Parks & Recreation of pickleball courts at Prairie Park. 2020 thru 2029 Department Parks & Recreation Contact Park & Recreation Director Priority n/a Total Project Cost: $160,000 PARKS - 5 Justification The City Council adopted the Parks and Recreation Master Plan in July of 2019. The purpose of this plan is to guidance for how to grow and maintain existing and future parks and recreation programming for the next 10-20 years by integrating community input and current services and infrastructure with best practices in recreation and park planning standards. veral requests have been made to the City to install pickleball courts during the last two years. These requests are consistent with a recommendation from the Master Plan, that pickleball courts part of improvements at Prairie Park as the City's primary community park. These improvements are further classified as a short-term project within the Master Plan. is recommended that the City consider installation of three or four courts located next to each other due to the social nature of the Expenditures 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Total Parks & Recreation 160,000 160,000 Total 160,000 160,000 Funding Sources 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Total 203 - Park Development 160,000 160,000 Total 160,000 160,000 Tuesday, October 22, 2019 PARKS - 6 Capital Improvement Plan City of Otsego, Minnesota Project # PARK -2020-04 Project Name Dog Park Expansion -Prairie Park 2020 thru 2029 Type Parks & Recreation Department Parks & Recreation Useful Life Contact Park & Recreation Director Category Parks & Recreation Priority n/a Description I Total Project Cost: $10,000 3xpansion of the existing dog park area at Prairie Park to accommodate smaller dogs. Justification wring the community engagment portion of the master planning process, several members of the community identified the need to expand the dog park by adding a small dog area. Che Parks and Recreation Commission also reviewed the Prairie Park Master Plan and receommended that the small dog area be added. Expenditures 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Total Parks & Recreation 10,000 10,000 Total 10,000 10,000 Funding Sources 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Total 203 - Park Development 10,000 10,000 Total 10,000 10,000 Tuesday, October 22, 2019 City of Otsego Park Development Fund Cash Flow Summary V Revised: October 22, 2019 Revenues Park Dedication Fees Intergovernmental Investment Interest Miscellaneous Transfers In Total Expenses Engineering Other Charges & Services Capital Outlay Capital Outlay (CIP) Transfers Out Total Cash Balance - Beginning Balance Sheet Effects Revenues Expenditures Cash Balance - Ending Forecast I Projection - Capital Improvement Plan 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 PARKS - 7 Comments $ 1,056,109 $ 198,768 $ 200,756 $ 202,763 $ 204,791 $ 206,839 $ 208,907 $ 210,996 $ 213,106 $ 215,237 $ 217,390 100 New Plats at 2019 Rate ($1,968) 19,618 19,618 19,618 - - - - - - - Repayment from Guardian Angels 1,056,109 218,386 220,373 222,381 204,791 206,839 208,907 210,996 213,106 215,237 217,390 10,000 - - - - - - - - - Great River Regional Trail 117,705 - - - - - - - - - Carrick's Park Bridge - 250,000 80,000 814,420 677,147 155,040 240,000 65,000 1,500,000 - - DRAFT 2020-2029 CIP - - - - - - - - - - Subsidy - Norin Landing (5-14-2018) 198,084 250,000 80,000 814,420 677,147 155,040 240,000 65,000 1,500,000 - - 2,413,913 3,271,938 3,240,324 3,380,697 2,788,658 2,316,302 2,368,101 2,337,008 2,483,004 1,196,110 1,411,347 1,056,109 218,386 220,373 222,381 204,791 206,839 208,907 210,996 213,106 215,237 217,390 (198,084) (250,000) (80,000) (814,420) (677,147) (155,040) (240,000) (65,000) (1,500,000) - - $ 3,271,938 $ 3,240,324 $ 3,380,697 $ 2,788,658 $ 2,316,302 $ 2,368,101 $ 2,337,008 $ 2,483,004 $ 1,196,110 $ 1,411,347 $ 1,628,737 X:\Budget\2020\Cash Flows\Capital Funds 203 -Park Development City of Otsego, Minnesota Capital Improvement Plan 2020 thru 2029 PROJECTS BY FUNDING SOURCE Source # Priority 2020 2021 2022 2023 2024 2025 205 - Park Capital Equipment Playground Replacement - Prairie PARK -2023-02 nla Park 75,000 Playground Replacement - School PARK -2023-03 nla Knoll Park Playground Replacement - Lily Pond PARK -2029-02 nla Playground Replacement - Future PARK -2029-03 nla (2030-2042) 315,000 205 - Park Capital Equipment Total GRAND TOTAL PARKS - 8 2026 2027 2028 2029 Total 240,000 240,000 75,000 75,000 102,000 102,000 843,055 843,055 315,000 945,055 1,260,055 315,000 945,055 1,260,055 Thursday, October 17, 2019 City of Otsego Park Equipment Fund Cash Flow Summary PARKS - 9 Revised: October 22, 2019 3.45% 3.33% 3.23% 3.13% 3.03% 2.94% 2.86% 2.78% 2.70% 2.63% Forecast I Projection - Capital Improvement Plan 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Comments Revenues Property Taxes $ 58,000 $ 60,000 $ 62,000 $ 64,000 $ 66,000 $ 68,000 $ 70,000 $ 72,000 $ 74,000 $ 76,000 $ 78,000 Investment Interest - - - - - - - - - - - Miscellaneous 13,948 - - - - - - - Transfers In - - - - - - - - - - - Total 71,948 60,000 62,000 64,000 66,000 68,000 70,000 72,000 74,000 76,000 78,000 Expenses Supplies - - - - - - - - - - - Other Charges & Services - - - - - - - - - Capital Outlay 7,300 - - - - - - - - - Capital Outlay (CIP) - - - 315,000 - - - - 945,055 DRAFT 2020-2029 CIP Transfers Out - - - - - - - - - - - Total 7,300 - - - 315,000 - - - - - 945,055 Cash Balance - Beginning 328,599 393,247 453,247 515,247 579,247 330,247 398,247 468,247 540,247 614,247 690,247 Balance Sheet Effects Revenues 71,948 60,000 62,000 64,000 66,000 68,000 70,000 72,000 74,000 76,000 78,000 Expenditures (7,300) - - - (315,000) - - - - - (945,055) Cash Balance - Ending $ 393,247 $ 453,247 $ 515,247 $ 579,247 $ 330,247 $ 398,247 $ 468,247 $ 540,247 $ 614,247 $ 690,247 $ (176,808) X:\Budget\2020\Cash Flows\Capital Funds 205 -Park Equipment