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Home My WebLink AboutItem 13 Copy of Lake Elmo CIP 2013-2018-All_Blended_updated 6 28 13 Updated_DZ_FINAL_hvFunded by levy dollars Funded by Utility Fund Revenue City of Lake Elmo Dept Need/ Want 2013 2014 2015 2016 2017 2018 2019 2020 2021 Total Finance Notes GENERAL FUND Single Axel Plow/Wing /Spreader PW Need 2013 175,000 175,000 New addition for staff add; will no longer need use of contractor Diesel exhaust filter system for both stations FIRE Need 2013 69,912 69,912 Warning sirens x 2; replace Cimarron and add in N center gap EMER COMM Need 2013 50,000 50,000 Dry Hydrants-potentially 12 @ approx $2,500 each FIRE Need 2013 30,000 30,000 Replacement of Engine 1 (Aerial)FIRE Need 2014 750,000 750,000 Replacement of SCBA's FIRE Need 2014/2015 103,000 104,000 207,000 Durapatch Pot Hole Patcher (Move to 2013?)PW Need 2014 28,000 28,000 Dump Truck/Plow/Wing/Sander PW Need 2015 175,000 175,000 Replaces 1998 Plow truck; will be in 17th year of useful life… New GL/UB software to be on one platform, supported and efficient FINANCE Need 2015 60,000 60,000 Current software 10 years old and some components no longer supported Replacement of CV1 FIRE Need 2015 60,000 60,000 City Hall remodel ADMIN Need 2016 300,000 300,000 Out of space at existing City Hall 1 Ton Truck/Plow/Sander Insert PW Need 2016 50,000 50,000 Replaces 2003 1 Ton with Plow; will be at year 13 of useful life Replacement of CV2 FIRE Want 2017 65,000 65,000 Replacement of Tender 1 FIRE Need 2018 450,000 450,000 Mini Excavator PW Need 2018 50,000 50,000 Currently rent for $4k per year Station #1 parking lot, apron (need Engineers recommendation)FIRE Want 2018 25,000 25,000 Replacement of U2 FIRE Want 2019 75,000 75,000 Total 324,912 881,000 399,000 350,000 65,000 525,000 75,000 - - 2,619,912 Funding Source for General Fund Projects (G.O. Bonds) Property tax levy increase 36,000 120,900 229,100 359,100 531,100 531,100 531,100 531,100 2,869,500 Fund balance (vehicle fund-$319k as of 12/31/12)244,912 - 60,000 - 304,912 Fund balance (facilities fund)120,900 Fund balance (general fund)80,000 45,000 168,100 - (294,100) (6,100) (456,100) (531,100) (531,100) (1,525,400) Excess funds available; could pay off bonds in 2019 Bond 750,000 - - - - - - - 750,000 Special assessments / Litigation Judgment - Municipal state aid - Grants 50,000 50,000 100,000 SCBA's Intergovernmental - - Total 324,912 881,000 399,000 350,000 65,000 525,000 75,000 - - 2,499,012 Annual Debt Service on General Fund Projects 2013 Bonds 2014 Bonds 71,250 69,563 67,875 66,188 64,500 - - 339,376 2015 Bonds - 2016 Bonds - 2017 Bonds - 2018 Bonds - - - Total - - 71,250 69,563 67,875 66,188 64,500 - - 339,376 City of Lake Elmo Summary of Capital Improvement Plan (CIP) Item 13 Copy of Lake Elmo CIP 2013-2018-All_Blended_updated 6 28 13 Updated_DZ_FINAL_hv 4/15/2021 Funded by levy dollars Funded by Utility Fund Revenue City of Lake Elmo Dept Need/ Want 2013 2014 2015 2016 2017 2018 2019 2020 2021 Total Finance Notes City of Lake Elmo Summary of Capital Improvement Plan (CIP) PARKS FUND 11 Foot Mower PARKS Need 2014 50,000 50,000 Replaces 2002 Toro Ski Trail Groomer/Utility Field Maint PARKS Want 2016 40,000 40,000 Discussed multiple times by Parks Commission 3/4 Ton Pick up PARKS Need 2016 30,000 30,000 Replaces 1998 3/4 Ton GMS; will be at year 18 of useful life Total - 50,000 - 70,000 - - - - - 120,000 Funding Source for Parks Fund Projects Parks Fund (cash)50,000 70,000 120,000 Total - 50,000 - 70,000 - - - - - 120,000 WATER UTILITY FUND Water Utility Projects Water supply well No. 4 and pumphouse /connection ENGINEERING 2013/2014 600,000 765,000 1,365,000 Keats Ave 16" trunk watermain extension ENGINEERING 2013 900,000 900,000 Phase I: Western I94 Corridor (Inwood to Keats) Segment 1: Water booster pump ENGINEERING 2014 700,000 700,000 Segment 2: Inwood Ave 16" trunk watermain extension ENGINEERING 2014 1,585,250 1,585,250 Segment 3: 10th St to EP Bus Park 16" trunk watermain ext ENGINEERING 2014 765,000 765,000 Azure Prop 12" trunk watermain extensions ENGINEERING 2014 76,500 76,500 Alt Segment 5: 12" trunk watermain to Sedona Development ENGINEERING 2013+675,000 42,500 63,750 42,500 63,750 887,500 Alt Segment 7: Elevated storage tank (High Pressure Zone)ENGINEERING 2015 1,360,000 1,360,000 Phase II: Eastern I94 Corridor (Lake Elmo Ave. to Manning) Segment 4: Lake Elmo Ave 12" trunk watermain extension ENGINEERING 2014 2,550,000 2,550,000 Phase IIIb: Village Area (East to Village Parkway) Replace/upgrade watermains as streets disturbed ENGINEERING 2015 794,750 794,750 Village Parkway/39th Street ENGINEERING 2016/2017 467,500 323,000 790,500 Old Village TH5 Trunk Watermain Replacement ENGINEERING 2017 467,500 467,500 Old Village Lateral Watermain Replacement (South of RR)ENGINEERING 2018 1,275,000 1,275,000 Old Village Lateral Watermain Replacement (RR-TH5)ENGINEERING 2018 680,000 680,000 Ideal Avenue Trunk Watermain - Oakdale Interconnect ENGINEERING 2015 450,500 450,500 Neighborhood Watermain Extensions/Replacements (2015 Street Impr)ENGINEERING 2015 816,000 816,000 Torre Pines + Cardinal Ridge + Cardinal View Watermain Extensions ENGINEERING 2019 1,020,000 1,020,000 Well No. 5 (@ 9,700 Total Water Population)ENGINEERING 2018 816,000 816,000 Replace remaining Sensus meters with Neptune meters FINANCE 2013/2014 37,000 37,000 74,000 Total Water 2,212,000 6,478,750 3,931,250 386,750 510,000 2,834,750 1,020,000 - - 17,373,500 Funding Source for Water Utility Projects Avg water bill assumed at $125 per quarter; $500 per yr Property Tax Levy - Operating revenue increase (base + meter revenue only)6,000 17,250 25,500 25,500 25,500 25,500 25,500 25,500 25,500 201,750 Operating revenue increase (estimated water usage)20,000 107,500 207,500 307,500 410,000 510,000 580,000 580,000 580,000 3,302,500 Fund balance (cash)(101,700) (1,638,500) 1,756,750 (817,250) (569,000) 1,675,250 (131,500) (1,151,500) (605,500) (1,582,950) WAC and Connection Fees 156,000 526,500 624,000 624,000 643,500 624,000 546,000 546,000 - 4,290,000 Per Connection stats worksheet (updated to 1000 over 7 yrs) Bond (2013 = grant match monies)1,000,000 - - - - - 1,000,000 Other Revenue 6,000,000 6,000,000 Bonding may be required Municipal state aid - Grants 500,000 500,000 1,000,000 Intergovernmental - Developer Contribution 631,700 966,000 1,317,500 247,000 3,162,200 Total Water 2,212,000 6,478,750 3,931,250 386,750 510,000 2,834,750 1,020,000 - - 17,373,500 Short/(over)- - - - - - - - - - Annual Debt Service for Water Utility Projects 2013 Bonds (4.5%, 20 yrs)95,000 92,750 90,500 88,250 86,000 83,750 81,500 79,250 697,000 Item 13 Copy of Lake Elmo CIP 2013-2018-All_Blended_updated 6 28 13 Updated_DZ_FINAL_hv 4/15/2021 Funded by levy dollars Funded by Utility Fund Revenue City of Lake Elmo Dept Need/ Want 2013 2014 2015 2016 2017 2018 2019 2020 2021 Total Finance Notes City of Lake Elmo Summary of Capital Improvement Plan (CIP) 2014 Bonds (4.5%, 20 yrs)- - - - - - - - - 2015 Bonds (4.5%, 20 yrs) 2016 Bonds (4.5%, 20 yrs)- 2017 Bonds (4.5%, 20 yrs)- 2018 Bonds (4.5%, 20 yrs)- 2019 Bonds (4.5%, 20 yrs) 2020 Bonds (4.5%, 20 yrs)- - - 2021 Bonds (4.5%, 20 yrs)- Total - 95,000 92,750 90,500 88,250 86,000 83,750 81,500 79,250 697,000 Item 13 Copy of Lake Elmo CIP 2013-2018-All_Blended_updated 6 28 13 Updated_DZ_FINAL_hv 4/15/2021 Funded by levy dollars Funded by Utility Fund Revenue City of Lake Elmo Dept Need/ Want 2013 2014 2015 2016 2017 2018 2019 2020 2021 Total Finance Notes City of Lake Elmo Summary of Capital Improvement Plan (CIP) SANITARY SEWER UTILITY FUND Sanitary Sewer Projects Segment 4: Section 34 Trunk Sewer/lift station - Savona Development ENGINEERING 2013 1,600,000 - - - - - - - 1,600,000 Segment 6: Hudson Blvd lift station replacement, FM to WONE ENGINEERING 2017 - - - 276,000 - - - - 276,000 Phase II: Eastern I94 Corridor (Lake Elmo Ave. to Manning)- - - - - - - - - - 18/27" trunk sewer extension from MCES connection ENGINEERING 2013 1,100,000 1,100,000 Future lift station west of Lake Elmo Ave.ENGINEERING 2018 276,000 276,000 Olson Lake Trail Trunk Sanitary Sewer Extension ENGINEERING 2013/2015 98,000 165,140 263,140 Phase IIIb: Village Area (East to Village Parkway)- Village lift station and forcemain ENGINEERING 2013 3,300,000 3,300,000 Segment 1: Old Village Trunk Sewer (30th-Lake Elmo Ave-Laverne to TH5)ENGINEERING 2015 920,000 920,000 Segment 2: Village Parkway (30th-RR-TH5) + 39th Street ENGINEERING 2015/2016 552,000 184,000 736,000 Old Village Lateral Sewer Extensions (South of RR)ENGINEERING 2018 1,380,000 1,380,000 Old Village Lateral Sewer Extensions (RR - TH5)ENGINEERING 2018 460,000 460,000 Additional Trunk South of 10th Street ENGINEERING 2018 828,000 828,000 Total Sewer 6,098,000 - 1,637,140 184,000 276,000 2,944,000 - - - 11,139,140 Connections 11,139,140 Funding Source for Sanitary Sewer Projects Property tax levy - - - - - - - - - - Prior year payments on project 400,000 Fund balance (cash)33,500 (549,000) 293,640 (746,500) (595,500) (657,000) (898,000) (940,000) (450,000) (4,508,860) Cash available to pay down bond Sewer Usage Revenue 12,000 76,500 148,500 220,500 294,000 366,000 408,000 450,000 450,000 2,425,500 SAC and Connection Fees 140,000 472,500 560,000 560,000 577,500 560,000 490,000 490,000 3,850,000 Bond (Includes MN Deed match of $1MM)3,000,000 - - - 3,000,000 Bond can/should be paid off in 2018 Special assessments 92,500 - 185,000 277,500 Municipal state aid - - - - - - - - - - Grants 1,000,000 - - - - - - - - 1,000,000 Intergovernmental/Water Fund - - - - - - - - - - Developer Contribution 1,420,000 450,000 150,000 - 2,675,000 - - - 4,695,000 Total Sewer 6,098,000 - 1,637,140 184,000 276,000 2,944,000 - - - 11,139,140 - - - - - - Annual Debt Service on Sanitary Sewer Projects 2013 Bonds 285,000 278,250 271,500 264,750 258,000 - - - 1,357,500 Assumes bonds paid off early to reduce levy in 2018 2014 Bonds - 2015 Bonds 2016 Bonds 2017 Bonds 2018 Bonds - Total - 285,000 278,250 271,500 264,750 258,000 - - - 1,357,500 Notes: Item 13 Copy of Lake Elmo CIP 2013-2018-All_Blended_updated 6 28 13 Updated_DZ_FINAL_hv 4/15/2021 Funded by levy dollars Funded by Utility Fund Revenue City of Lake Elmo Dept Need/ Want 2013 2014 2015 2016 2017 2018 2019 2020 2021 Total Finance Notes City of Lake Elmo Summary of Capital Improvement Plan (CIP) STREET FUND Street Projects Local Residential Street Improvements - - - - - - - - Keats MSA Streets ENGINEERING 2013 1,036,000 1,036,000 Continue 10 yr bonds? Southern Tri-Lakes Area; Kenridge Addition; & Kelvin Avenue ENGINEERING 2015 - - 2,255,200 - - - - 2,255,200 Packard Park; and 20th Street Area ENGINEERING 2014 506,400 506,400 Stonegate-Phase 1; and Kirkwood Avenue ENGINEERING 2016 609,600 609,600 Tri-Lakes Area [Springborne Green Acres, Fox Fire Estates, & Judy Jary Manor]ENGINEERING 2017 1,546,400 1,546,400 Old Village Area Streets [North of U.P. Railroad]ENGINEERING 2018 1,200,000 1,200,000 Old Village Area Streets [South of U.P. Railroad]ENGINEERING 2018 1,680,000 1,680,000 Collector Road Improvements; Non MSA Routes - Manning Trail N ENGINEERING 2014 175,200 175,200 Manning Avenue; TH 36 - Linden Avenue (FUTURE)ENGINEERING FUTURE - Municipal State Aid Street Improvements - 20th Street N & Manning Trail [Lake Elmo Ave. to Manning Ave.]ENGINEERING 2015 1,200,000 1,200,000 15th Street North [Inwood Ave. to West City Limits]ENGINEERING 2018 560,000 560,000 10,768,800 TRANSPORTATION IMPROVEMENTS 5th Street Parkway Improvement (Developer-100%) Savona Development Phase 1 ENGINEERING 2014 1,411,380 1,411,380 Savona Development Phase 2-5 ENGINEERING 2014 1,411,380 1,411,380 From Lennar to Inwood (Montgomery-Azur Properties)ENGINEERING 2015 2,750,022 2,750,022 Keats-Lake Elmo-Phases 1-3 ENGINEERING 2016-2018 1,709,338 940,920 940,920 3,591,178 Lake Elmo-Manning-Phases 1-3 ENGINEERING 2014,16,17 1,013,280 1,568,200 1,254,560 3,836,040 13,000,000 Reduced to $13M per DZ 21.59% CSAH 15 Manning Avenue (I94 to TH5) FUTURE ENGINEERING FUTURE - - Lake Elmo Avenue.Downtown District Improvements (TIF)ENGINEERING 2015 1,120,000 1,120,000 Need to shift $3M to 2016… Lake Elmo Avenue (30th Street to RR-No Lighting)-County??ENGINEERING 2015 750,000 750,000 Highway 5 Corridor Management & Safety Improvements ENGINEERING 2014 160,000 160,000 Village Parkway Build-out (Developer-100%)ENGINEERING 2015/2016 2,320,000 1,600,000 3,920,000 Total Streets 1,036,000 5,877,640 6,940,022 7,132,738 2,805,080 3,047,320 2,880,000 - - 29,718,800 Funding Source for Street Projects Property tax levy - - - - - - - - - - Fund balance (cash)36,000 166,800 212,056 55,200 (66,960) 223,520 16,080 - - 642,696 WAC and Connection Fees - Bond 1,800,000 - 2,200,000 - - 3,400,000 7,400,000 TIF Special assessments (assessed year AFTER work performed/completed)- 74,800 232,944 - 676,560 182,880 463,920 1,631,104 Municipal state aid (Assumes borrow AHEAD from MSA funds)- - 1,425,000 - - 700,000 - - - 2,125,000 Grants (HSIP Grant?)1,000,000 - - - - - - - - 1,000,000 Intergovernmental/Water Fund - - - 1,000,000 (1,000,000) - - - Developer Contribution (70/30 split)0 3,836,040 5,070,022 4,877,538 2,195,480 940,920 - - - 16,920,000 Total 1,036,000 5,877,640 6,940,022 7,132,738 2,805,080 3,047,320 2,880,000 - - 29,718,800 - - - - - - - Annual Debt Service on Street Projects 2013 Bonds 2014 Bonds 171,000 166,950 162,900 158,850 154,800 150,750 146,700 1,111,950 2015 Bonds - - - - - - - 2016 Bonds 209,000 204,050 199,100 194,150 189,250 995,550 2017 Bonds - - - - - 2018 Bonds - - 2019 Bonds 323,000 315,350 638,350 Total - - 171,000 166,950 371,900 362,900 353,900 667,900 651,300 2,107,500 Item 13 Copy of Lake Elmo CIP 2013-2018-All_Blended_updated 6 28 13 Updated_DZ_FINAL_hv 4/15/2021 Funded by levy dollars Funded by Utility Fund Revenue City of Lake Elmo Dept Need/ Want 2013 2014 2015 2016 2017 2018 2019 2020 2021 Total Finance Notes City of Lake Elmo Summary of Capital Improvement Plan (CIP) SURFACE WATER IMPROVEMENTS FUND Surface Water Projects Village Storm Water / Regional Infiltration System - Study ENGINEERING 2014 50,000 - - - - - - - 50,000 Village Flood / Drainage Improvements ENGINEERING 2015 1,400,000 1,400,000 Village Area Regional Storm Water System: Phase 1 ENGINEERING 2015 800,000 800,000 Village Area Regional Storm Water System: Phase 2 ENGINEERING 2016 700,000 700,000 Village Area Regional Storm Water System: Phase 3 ENGINEERING 2017 500,000 500,000 Misc. Storm Water Improvements [Drainage, Ditching, Culverts & PondsENGINEERING 2014-2018 25,000 25,000 25,000 25,000 25,000 125,000 Rain Garden Improvements ENGINEERING 2014-2017 60,000 42,000 36,000 56,000 - 194,000 Water Quality CIP ENGINEERING FUTURE - Total - 135,000 2,267,000 761,000 581,000 25,000 - - - 3,769,000 Funding Source for Surface Water Projects Property tax levy - - - - - - - - - - Fund balance (cash)- 105,000 66,000 63,000 73,000 - - - - 307,000 WAC and Connection Fees Bond 2,000,000 500,000 300,000 2,800,000 Special assessments - Village Stormwater District Connection Fees - 180,000 180,000 180,000 180,000 720,000 Municipal state aid - - - - - - - - - - Grants (VBWD)30,000 21,000 18,000 28,000 - - - - 97,000 Intergovernmental/Water Fund - - - - - - - - Developer Contribution - - - - - - - Total - 135,000 2,267,000 761,000 581,000 180,000 - - - 3,924,000 Annual Debt Service on Surface Water Projects 2013 Bonds - 2014 Bonds - 2015 Bonds 190,000 185,500 181,000 176,500 172,000 167,500 1,072,500 2016 Bonds 47,500 46,376 45,250 44,126 43,000 226,252 2017 Bonds 28,500 27,825 27,150 26,475 109,950 2018 Bonds - - - - - - - Total - - - 190,000 233,000 255,876 249,575 243,276 236,975 1,408,702 Notes: Did not add in Stormwater Utility Fee Revenue Notes: Stormsewer Replacement CIP not included: need to obtain NEEDS list from Public Works Item 13 Copy of Lake Elmo CIP 2013-2018-All_Blended_updated 6 28 13 Updated_DZ_FINAL_hv 4/15/2021 Funded by levy dollars Funded by Utility Fund Revenue City of Lake Elmo Dept Need/ Want 2013 2014 2015 2016 2017 2018 2019 2020 2021 Total Finance Notes City of Lake Elmo Summary of Capital Improvement Plan (CIP) SUMMARY-ALL-NEW BONDS General Fund - 750,000 - - - - - - - 750,000 X Street Fund - 1,800,000 - 2,200,000 - - 3,400,000 - - 7,400,000 X New General Fund Bonds - 2,550,000 - 2,200,000 - - 3,400,000 - - 8,150,000 Water Utility Fund 1,000,000 0 0 0 0 0 0 0 0 1,000,000 X Sanitary Sewer Fund 3,000,000 - - - - - - - - 3,000,000 X Storm Water Fund - - 2,000,000 500,000 300,000 - - - - 2,800,000 X New Enterprise Fund Bonds 4,000,000 - 2,000,000 500,000 300,000 - - - - 6,800,000 Total Annual Bonding 4,000,000 2,550,000 2,000,000 2,700,000 300,000 0 3,400,000 0 0 14,950,000 Annual Loan Pmts (P+I) General Fund - 71,250 69,563 67,875 66,188 64,500 - - 339,376 X Street Fund - - 171,000 166,950 371,900 362,900 353,900 667,900 651,300 2,107,500 X Impact to Annual Levy - - 242,250 236,513 439,775 429,088 418,400 667,900 651,300 2,446,876 Water Utility Fund 95,000 92,750 90,500 88,250 86,000 83,750 81,500 79,250 697,000 X Sanitary Sewer Fund 285,000 278,250 271,500 264,750 258,000 - - - 1,357,500 X Storm Water Fund 190,000 233,000 255,876 249,575 243,276 236,975 1,408,702 X Impact to Enterprise Funds 380,000 371,000 552,000 586,000 599,876 333,325 324,776 316,225 3,463,202 Total Annual Loan Pmts-NEW 380,000 613,250 788,513 1,025,775 1,028,964 751,725 992,676 967,525 5,910,078 Annual impact to residents property taxes $75 per $100k Levy increase 0.00 181.69 177.38 329.83 321.82 313.80 500.93 488.48 Item 13 Copy of Lake Elmo CIP 2013-2018-All_Blended_updated 6 28 13 Updated_DZ_FINAL_hv 4/15/2021