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<br />ARDEN HILLS CAPITAL IMPROVEMENTS PROGRAM FIVE YEAR SUMMARY 2007-2012- DRAFT
<br />REVISION DATE: January 25, 2007
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<br />Project Description
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<br />Funding Source
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<br /> Total Project Cost PI. Special Revenue General Fund EqulplBldg Public Safety MnDOT State-Aid utir Funds 3 Comments
<br /> Fund Park Fund (4) (11 Replacement Capital Fund (4) Coop_ Agreement Funds (2) EDA Tlf #2 RL Storm Water Water Sanitary
<br />I Assessment PavJ Entemrise Fund Conti" JMnOOT State Aid estimated , 1,883,884 , 650000 $ 22750 , 184,862 , 190076 , 20200 $ 165996 , 300,000 , 175 00 , 175,000
<br />I Totalsfor2011 $ 615,353 , 474,000 , 22,750 , 125,000 $ 10,000 $ 153,931 $ $ 190,076 $ 10,200 $ 165,996 $ 250,000 I $ 175,000 I $ (90,600)
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<br /> 2012Sealcoat , 92,000 , 92000
<br /> Re lace 2002 F-450 One Ton Wdum /Plow/Sander #302 $ 64000 $ 64000
<br /> Lexln ton Avenue Trail resurfaci , 50,000 , 50000
<br /> Gatewa 51 os Cleveland/CoRdD Lexin ton/96 Ius 2-3 additional I $ 10,000 , 10000
<br /> UFO E ul ment and Station Ca ital , 174011 $ 174011
<br /> Technol fOfficeE ui ment , 10,000 , 10,000
<br /> Re lace 1997 Taro Workman W!S r er#410 , 17,000 $ 17000
<br /> Re lace 1997 Dum TruckWfPlowlWin Plow/Sander 1#101 $ 150000 , 150000
<br /> Re lace 1997 Street Swee rlf:105 $ 130,000 , 130000
<br /> Re lace 2000 Backhoe #204 , 85,000 $ 85000
<br /> Assessment P JEnte rise Fund ContrJMnOOT State Aid estimated , 1643884 $ 410000 $ 22,750 , 184,862 , 190,076 , 20,200 , 165,996 , 300,000 , 175000 $ 175000
<br /> Totatsfor2012 , 1,045,873 $ 360,000 $ 22,750 , 92,000 $ (392,000 , 10,851 , , 190,076 , 10,200 $ 165,996 $ 300,000 $ 175,000 , 111,000
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<br /> Future Pro.ectslAc uisltions
<br /> West Round Lake Road Reconstruction , 1700,000 , 750,000 , - , 200,000 $ 350,000 , 250000 , 150000 Potential to be Funded b Develo er
<br /> West Round Lake Trail , l120000 , 1120,000
<br /> UFO Station #1 , {3,250000 , (3,250,000
<br /> Snellin Avenue Re lanai Trail , 800,000 $ 800{lOO
<br /> 2013 2013 PMp. ReconstructlOld SneUin A,. , 2,002000 , 1128500 , 800,000 $ 67500 , 3000 , 3000 $100000 of State Aid to be a ied to Storm Sewer Costs
<br /> 2013 Coun Road 0 Trail , 250,000 $ 50,000 , 200000
<br /> 2013 Reconstruct Uft Stations #1 #11,#12,#13 $ 750000 $ $ 750000 est cost for constlins in 2013, 620K in 2006 $s ; if done as 2 ro., 11&13 first, 1&12 second
<br /> 2013 SCAOA S stem Installation , 200,000 , 25000 , 175000
<br /> 2013 South Water Tower Exterior Coating and Logo $ 500,000 $ 500,000
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<br />Notes: 1. Assumed that $200,000 Will be drawn from the general fund annually for street Improvements
<br />2. State Aid Fund balance assumes annual disbursement from MnDOT of $190,076 based upon current levels over the past 10 years. Funds received from State Aid are applied to 1he General Fund or the Storm Water Fund, when applicable.
<br />3. Utility Enterprise fund balances assume a net operating surplus each year which is directed towards C1P projects. Enterprise fund balances do take into account the anticipated revenue from increased utility rates which were based upon the study_ The
<br />Utility rates need to be re-examined or re-structured if we desire to have a higher fund balance than ls currently projected. Alternatively, we either have to seek other revenue source or cut back on projects.
<br />Current Utility rate study goes through 2009. Rates for 2010, 2011, and 2012 are estimates only_
<br />4. Assumed operating transfers same as 2007 for revenue to these funds.
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<br />Additional comments:
<br />It should be noted that fund balance will and can change radically if the project costs change or1he City falls short on revenue collection or spending more than anticipated on repairs.
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