10-04-2012 Council Workshop Minutes

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MINUTES CITY COUNCIL OCTOBER 4, 2012 The Administrator then reviewed the Infrastructure Capital Improvement Fund (Fund 450). The Administrator noted that street improvements are programmed into this plan; therefore, this is the logical place to include trail projects. The Administrator reported that the City has been budgeting approximately $1 million in City costs per year some of these costs are offset by assessment revenue, connection charges, MSA dollars, Fra -Dor Recycling Fee, etc. The Administrator noted that for 2013 there are approximately $1.6 million in expenses if the improvement of Greenbrier Street and Spruce Street are included. After programming in trail improvements, this fund would have a $1.2 million deficit. The Administrator noted that the 2013 plan includes the Little Canada Road sidewalk from 35E to Edgerton, the Waterworks Trail Crossing, and $75,000 for Centerville Road Trail improvements. The Administrator pointed out that taking Greenbrier Street and Spruce Street improvements out of this plan brings the fund back to positive. The Administrator pointed out that the pressure on the Infrastructure Capital Improvement Fund will lessen in future years as most of the street projects left to do are mill and overlay projects. The cost of mill and overlay projects is split on a 50/50 basis between the City and benefitting property owner. Sanders asked about the $46,854 transfer from the Park Land Acquisition Fund. The Administrator indicated that he thought that transfer might be for easement acquisition costs related to Centerville Road, but indicated that he would check that out to be sure. The Administrator then reviewed the Park Land Acquisition Fund, noting that historically this fund has been used to acquire park land and trail easements. The Fund is healthy, and the Administrator noted that the only property acquisitions left would be two properties along Round Lake. The Administrator indicated that money from this fund could be reallocated to improvements, if the Council so desired. The Administrator reviewed the 10% Fund, noting that revenues had been declining in recent years, but an increase is projected for 2012. It may be possible to undertake one parks project and pay for it from this Fund. Expenditures from this Fund are restricted to such things as youth - related projects, etc. Sanders suggested that money be place - marked in the Park Land Acquisition Fund for the acquisition of a trail easement from Payne Avenue to Edgerton as well as the acquisition of additional land adjacent to Pioneer Park, if it becomes available. Sanders also noted that there may be future acquisition opportunities that the City is not yet aware of. 2