10-14-2020 Workshop Packet - Laserfiche WebLink

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Street Projects (26-27) Street projects to be completed in 2021 include Greenbrier Circle, Old County Road C, and the South Owasso railroad crossing. A map of the street projects for the next 5 years is included on Page 27. Trail Improvements (Page 28) $7,500 is included in 2021 for the Trout Brook Regional Trail. It is intended to be used for match funding, if the County moves forward with exploring the trail. This is a County led project. In addition, $15,000 has been included to plan for future trail connections. Storm Projects (Page 29) Pond cleanout has been included in the 2021 storm water projects. The pond that will be cleaned out is scheduled to be the Little Canada Road pond west of Veterans Memorial Park. The City will bid this project through a larger project with the Ramsey County Watershed District to realize cost savings on the project. Water and Sewer Projects (Page 30-31) As part of the 2021 Street Project, slip lining is proposed to be completed in the street project area. $25,000 has been budgeted for this work. Nine new controllers are scheduled to be added to eight lift stations and the Booster Station to improve the ability of staff to communicate with the stations remotely, as well as increasing the amount of information/data staff receives from each station. This is estimated to cost $30,000. The pumps are scheduled to be replaced at the Woodlynn lift station in 2021 at a cost of $16,000. A portable vacuum unit is scheduled to be purchased in 2021 at a cost of $22,000. The unit can be mounted to a Toolcat or pickup and allow staff to reach manholes on easements and other areas that the Aquatech cannot get to. It is also easier to use for small jobs such as sucking out a catch basin or rain garden trap. FUNDING SUMMARY BY FUNDS (Pages 32-37) The City accounts for capital projects in six Capital Project Funds. These funds are the General Capital Improvements Fund, the Infrastructure Capital Improvements Fund, the Fire Equipment Fund, the Park Land Acquisition Fund, the 10% Fund, and the Water/Sewer Replacement Fund. If a project that has been identified in the CIP is not completed, the unspent funds stay in the Fund. In addition, the City has several TIF Capital Project Funds. These TIF funds are currently budgeted on an annual basis per their respective TIF Plans and Development Agreements. Highlights of the six Capital Project Funds are as follows: General Capital Improvement Fund (Page 32) Background The General Capital Improvement Fund was created to fund capital improvements and acquisition projects not accounted for in another Capital Project Fund. These improvements have been historically been building improvements, public works equipment, small fire equipment, and parks improvements. Typically the expenditures in this fund have included the purchase of tangible personal property (equipment) or facilities used in the City operations. Sources of Funds The fund receives it revenues from many sources including Local Government Aid (LGA) and transfers from the General Fund and other funds. It appears to have been the past practice to budget one year of LGA to fund the capital projects in this fund for the next 5 years. Fund Outlook With only one year of LGA ($347,503) budgeted, there are only sufficient funds to fund the improvements for the next three years (through 2023). If three years of LGA are added to the revenues, there are sufficient funds to fund the improvements identified in the next five years. Another option is to delay some of the 2021-2025 park projects that were identified in the Parks Master Plan beyond 2025. 6DRAFT DOCUMENT 10-09-2020