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HomeMy WebLinkAboutItem 03�LakeviUe To: Mayor and City Council From: Steve Mielke, City Administrator Chris Petree, Public Works Director Zach Johnson, City Engineer Cc: Dennis Feller, Finance Director Date: July 22, 2013 Subject: Capital Improvement Plan (CIP) -Transportation: 2014-2018 City of Lakeville The City Council, at its May 28 work session reviewed a draft of the 2014 — 2018 Capita! improvement Plan. The Council directed the Finance Committee to provide recommendations regarding the Capital Improvement Plan financing. The attached Draft of the 2014 -2018 Capital Improvement Plan dated July 2013 takes into consideration the Finance Committee recommendations. The Finance Committee recommendations were restricted to financial policy only; the Committee did not opine on project priorities or scope of work. The primary issues for council consideration are as follows: a) Accelerated Street Reconstruction Plan The proposed Capital Improvement Plan dated July 2013 accelerates the Street Reconstruction Plan (average of $8.0 million annually) for the next five years. The previous Capital Improvement Plan — dated May 2013 — only provided an average of $6.3 million per year for Street Reconstruction projects. If approved, there would be an estimated 5 — 6 miles of streets (2.3% of all streets) with an OCI rating of 35 or less by 2018. The Finance Committee concurred with staff recommendations to finance the City share of cost for an accelerated street reconstruction program financed with debt repaid based on a blended tax levy amortization schedule exceeding 10 years consistent with long term objectives. Accelerating the reconstruction schedule will take 4 -6 years to make a substantial impact on the streets which are considered failing after which time the reconstruction program will return to normal. As such the term of the debt repaid with taxes is increased to establish a long term tax levy which is consistent with original street reconstruction financing objectives. Estimated Estimated Project costs Average Repaid with Term Annual Project Tax Levies (Years) Tax Levy $ 6,300,000 $ 3,780,000 10 $ 443,131 $ 8,000,000 $ 4,800,000 13 $ 460,045 Tax levy increase $ 16,914 b) County Road improvement projects. The revised 2014 — 2018 Capital Improvement Plan dated July 2013 identifies the County Road 50 improvement project from County Road 60 (185 Street) to County Road 9 (Dodd Boulevard) being constructed in 2017 and County Road 9 (Dodd Boulevard) from County Road 60 (185 Street) to 194 Street U being constructed In 2018. CSAH SO Reconstruction: Dakota County and the City conducted a transportation corridor study in 2012/2013 to develop short and long -term improvement recommendations to Kenwood Trail (CSAH -50) from 185th Street (CSAH -60) to Dodd Boulevard (CSAH -9) and the surrounding transportation system. The study identified transportation needs for Kenwood Trail and evaluated improvement options. The study indicated that this segment of roadway is approaching capacity. To provide for increased traffic volumes, improved roadway /intersection operations and improved safety, Dakota County and the City are proposing to expand Kenwood Trail to a 4 -lane divided roadway. CSAH 9 Reconstruction: Dakota County is proposing to expand Dodd Boulevard (CSAH - 9) to a 4 -lane divided roadway from 194th Street to 185th Street (CSAH -60) in order to address increased traffic volumes, enhance roadway /intersection operations and improve safety. The Finance Committee recommended that if the Council chooses to proceed with one or more of the non - programmed projects, • Financing should be provided from Municipal State Aid funding and /or other (non -tax) revenues such as escrows and building permits. • Consider leveraging of County advances and /or MSA advance encumbrances. • Consider reductions in expenses rather than property tax levies to finance non - programmed projects. • Schedule the projects such that it avoids property tax increases. • Prioritize the project funding. 2 Both projects are therefore proposed to be financed with Municipal State Aid leveraged with Dakota County Advance financing. c) Special Assessments for collector road reconstruction projects. The Committee concurred with staff recommendations that benefitted properties should be specially assessed for collector road reconstruction projects. The Committee also recommended that staff pursue an analysis of various special assessment policy options for those benefitted properties adjacent to collector roads. The proposed Capital Improvement Plan therefore identifies the street reconstructions c.il_.... n__i__ ..__d __const 20 l i_ -.___d . i_ -debt i i VI UiI CC collector IVdU reconstruction projects III LV1J IIIId11l.CU with[ UCUt to be repaid with special assessments to benefitted properties and the City share repaid with a 10 year property taxes amortization schedule. The special assessments are estimated to be 20% of total project costs; the amount will be revised subject to the outcome of the modified street reconstruction special assessment policy. d) Revenue Alternatives. The Finance Committee recommended levying property taxes rather than utility franchise fees to finance street reconstruction projects. Some Committee members recommended the Council consider cutting expenses in order to pay for the street reconstruction. The Committee also recommended the Council defer discussion of appropriation of the unencumbered 2012 General Fund balance or Liquor Fund until presented in conjunction with the 2014 proposed tax levy and 2014 -15 budget. Recommendation: The 2014 - 2018 Transportation Capital Improvement Plan will be incorporated as a component of the Budget approved by the City Council in December. Staff is seeking: a) City Council concurrence with the Draft 2014 — 2018 Transportation Capital Improvement Plan dated July 2013. b) Council authorization to proceed with the planning and neighborhood discussions related to the 2014 and 2015 Street Reconstruction Projects. c) Continued discussions with Dakota County regarding the County Road improvement projects as identified in the Draft 2014 — 2018 Transportation Capital Improvement Plan dated July 2013. 3 ..� 09 MEMO l� The proposed plan addresses $92.3 million of street improvements, reconstruction and maintenance projects. A project schedule swmnary is as follows: 2014 Dakota County Projects (City share of cost ONLY) Dodd Blvd (CSAH 9): 183rd St - Hayes 3,157,900 CSAH 501 CSAH 60 Roundabout and expansion 2,295,000 Dodd Blvd (CSAH 9): CSAH 70 - CSAH 46/2 149,200 CSAH 50 Expansion: CSAH 60 (185th St) - CSAH 9 (Dodd Blvd) CSAH 9 (Dodd Blvd): CSAH 60 (185th St) -1940) St City Improvements 190th Street: Dodd Blvd - Holyoke Kenrick Ave Extension: 181st - RR Tracks Street Reconstruction Projects and overlays Pavement management Total 2015 2016 7,026,511 2017 2018 3,727,890 2,694,911 2,575,000 8,307,213 11235,476 8,115,203 8,526,643 9,442,330 1,212,421 1,182,310 1,216,526 1,259,588 1,304,371 17,816,645 14,417,786 16,358,240 12,361,231 14,474,591 2 FINANCING The proposed Capital Improvement Plan is financed with $92.3 million of revenues of which half is from non - property tax sources such as Municipal State Aid, Dakota County, Federal grants and escrows. The use of these revenue sources reduces the reliance on property taxes to finance these improvements. Revenue Sources Federal Dakota Dakota City County j Municipal $3,025,800 State Aid 5% $7,367,775 Property 11 % , Taxes 149,200 7,320,333 1,632,000 l % 106,000 2,189,000 k Qthrr"` ( $7,590,32 12% a� � a CSAH 9 (Dodd Blvd) Special' 8,587,959 Assessment 6,948,811 s $19,091,084 21% i Dakota County and Federal Funding Dakota County and Federal grants associated with County projects will provide more than $10 million for two of the proposed Capital Improvement Plan projects. 3 Federal Dakota City City Project Grant County Escrows Cost Dodd Blvd (CSAH 9): CSAH 70 to CSAH 46/2 182,356 - 149,200 CSAHSO /CSAH 60 Roundabout and expansion 1,632,000 1,905,000 106,000 2,189,000 CSAH 50 Expansion: CSAH 60 (185th St) - CSAH 9 (Dodd Blvd) 8,587,959 77,700 6,948,811 CSAH 9 (Dodd Blvd): CSAH 60 (185th St) - 194th St 4,556,310 220,000 3,507,890 Total $ 1,632,000 $ 2,087,356 $ 106,000 $ 2,338,200 3 Dakota County approved an "Advance Funding Policy" whereby they will consider advancing the local share of a project (consistent with the County's cost participation policies) in their approved Capital Improvement Plan when the following criteria are met: • The County determines there is a need on the County transportation system that should be addressed sooner than city funding allows. • The County has available funds to pay the city cost share at the time the cost will be incurred. • The City submits a request to the County explaining the reason(s) for the County to advance fund their share. • The plan for City repayment to the County is defined in an agreement between the City and County. • County advance funding without interest is limited to a maximum 3 year period. Municipal State Aid The City of Lakeville receives an annual allotment of approximately $2.2 million from the State of Minnesota - Municipal State Aid Street Account. The allocation of state aid monies to urban municipalities is made on the basis of a legislative formula pursuant to Minnesota Statutes 162.07 and 162.13. Under this formula, municipal state aid funds are apportioned to cities based on both construction needs and on population. Fifty percent of the funds are allocated to each municipality based on population with each state aid eligible city receiving the prorated share that its population bears to the total population of all state aid eligible cities. The remaining fifty percent is allocated according to a construction "needs" study, which is a report of the estimated construction costs required to improve the state aid system to standards adequate for future traffic. Each municipality's "needs" apportionment is determined by the prorated share that its "needs" bear to the total "needs" of all state aid eligible cities. The State is revising the "Needs" formula effective 2015; Lakeville's allocation could change, depending on the final formula outcomes. The municipal state aid funds received by cities are divided into two allotments, a construction allotment and a maintenance allotment. The maintenance allotment cannot exceed 35 percent of the city's total state aid funds in any year and must be used for the maintenance of the city's municipal state aid street system. The City Council, at its May 6, 2008 meeting, directed that $374,335 of the State Aid Street maintenance account be appropriated to the Pavement Management Fund to offset the increased property tax due to the Resolution Authorizing the Execution of an Agreement with Regard to a Transit Service Expansion Plan for the City of Lakeville. Maintenance allotments are also appropriated to pay the interest due on municipal state aid bonds. The City currently has several existing state aid bonds outstanding. The construction allotment must be used for the construction or the reconstruction of the City's municipal state aid street system to established standards. Cities receive their construction allotment only after a contract has been awarded for the construction of a street on the state -aid 4 system. Cities do not receive any interest on unspent construction allotments. The municipal state aid rules allow cities, subject to MnDOT approval, to request advanced funding for municipal state aid eligible projects. In order to receive the advance, Municipal State Aid must be funds available and the amount of the advances must not exceed the City's total estimated apportionment for the five years following the advance or $4,000,000 whichever is less. Construction allotments are also appropriated to the principal payments on municipal state aid bonds. The proposed Capital Improvement Plan is premised on the Municipal State Aid Street (M.S.A.) funds being appropriated in 2014 to the County Road 50 / County Road 60 project ($2.189 million) and a portion of the Dodd Boulevard project from 183` to Hayes Avenue ($868,000). The County Road 50 project from County Road 60 (185'' Street) to County Road 9 (Dodd Boulevard) is proposed be constructed in 2017 with Dakota County Advance Funding the preje ^t fe. ,,e ye ,. The prCje ^t YJill be pe.manentl' financed in 20118 "with the issuance Gf $4.v million of General Obligation State Aid Bonds and $2.948 million of Municipal State Funds. Debt Issuance General Obligation Improvement bonds will for $48.2 million of project costs in the next five years. The debt will be repaid with property tax levies ($29.2 million' and special assessiTici, a (approximately $19.0 million) to benefitted property owners. The City will also issue $4.0 million of General Obligation State Aid Bonds in 2018 as discussed above to finance the County Road 50 project. 5 P.M.F. Ending MSA Maint. MSA Construction Account Year Allotment Allocation Debt Projects Balance 812,934 2014 2,269,662 (374,335) (837,343) (3,057,000) (1,186,082) 2015 2,269,662 (374,335) (841,402) (132,157) 2016 2,269,662 (374,335) (843,058) 920,112 2017 2,269,662 (374,335) (847,226) 1,968,213 2018 2,269,662 (374,335) (840,326) (2,948,811) 74,403 Debt Issuance General Obligation Improvement bonds will for $48.2 million of project costs in the next five years. The debt will be repaid with property tax levies ($29.2 million' and special assessiTici, a (approximately $19.0 million) to benefitted property owners. The City will also issue $4.0 million of General Obligation State Aid Bonds in 2018 as discussed above to finance the County Road 50 project. 5 14nanced with Debt Debt - Puroos e I Caneral Obligation bvprovement Bonds Debt supported by Taxes Debt supported by Special Assess. Total G.O. Improvement Bonds r 2014 r 2015 r 2016 r 2017 ® 2018 4,335,094 7,934,577 4,301,539 7,427,866 5,245,511 4,816,732 4,353,930 3,188,171 3,235,244 3,497,007 9,151,826 12,288,507 7,489,710 10,663,110 8,742,518 General Obligation State Aid Bonds - - - - 4,000,000 Total Debt $ 9,151.826 $ 12.288,507 $ 7.489,710 $ 10,663110 $ 12,742,518 Taxes Assuming there are no increases for other property tax levies such as operations and debt, the scone and schednle. of the nronocerl gtropt nrnjerte mill recnit in on in,,PaCP in the tax l Property Tax Levy Increase - Transportation The tax levies for street reconstruction projects is relatively stable from 2015 to 2018 with the exception of 2016 when $3.4 million of collector roads are improved. The 2018 "other" tax levy for is the Kenrick Avenue improvement project from 181" to the railroad tracks. 6 2017 2018 6,243 6,274 26,787 (4,808) 432,142 456,313 - 173,080 Total Increase $ 229,539 $ 398,098 $ 510,941 $ 465,172 $ 630,859 7 TRANSPORTATION - TAX LEVIES Increases /(decreases) 2014 2015 . 2016 Pavement management 6,150 6,181 6,212 Debt - existing (98,880) (63,310) 11,608 Debt for Street Reconstruction Projects 2013 construction 322,269 7,085 2014 construction 448,142 2015 construction 493,121 2016 construction 2017 construction Kenrick Ave: 181st - RR Tracks - 2017 2018 6,243 6,274 26,787 (4,808) 432,142 456,313 - 173,080 Total Increase $ 229,539 $ 398,098 $ 510,941 $ 465,172 $ 630,859 7 Project Summary Project Financing 2014 2015 2016 2017 2018 Dodd Blvd (CSAH 9): 183rd St to Haves Ave. Municipal State Aid 3,157,900 CSAH 50 1CSAH 60 Roundabout and Expansion Dakota County 1,905,000 Municipal State Aid 2,189,000 Escrows 106,000 Federal Grant 1,632,000 190th Street: Dodd Blvd to Holyoke Municipal State Aid Streets G.O. hupmvc, .cnt Bonds - Sp. Asscss. Escrows Other Dodd Blvd (CSAH 9): CSAH 70 to CSAH 46/2 Dakota County Municipal State Aid uouector Kona xeconstrucnon G.O. Improvement. Bonds - Taxes G.O. Improvement Bonds - Sp. Assess. 466,415 192'- 669 1(X9,827 192,000 2,690,261 672,565 182,356 149,200 CSAH 50 Expansion: CSAH 60 (185th St) - CSAH 9 (Dodd Blvd) Dakota County Municipal State Aid Escrows Kenrick Ave extension: 181st - RR Tracks. G.O. Improvement Bonds - Taxes CSAH 9 (Dodd Blvd): CSAH 60 (185th St) - 194th St Dakota County Municipal State Aid Escrows Pavement Management - Overlays Taxes Pavement Management - Maintenance Taxes MSA Street Reconstruction G.O. hnprovement Bonds - Taxes G.O. Improvement Bonds - Sp. Assess, Other TOTAL 841,648 838,086 807,975 374,335 374,335 8,587,959 6,948,811 ",'00 2,575,000 4,556,310 3,507,890 220,000 625,493 438,533 699,812 842,191 885,253 930,036 374,335 374,335 374,335 4,335,094 5,244,316 4,301,539 4,852,866 5,245,511 2,890,063 3,681,365 3,188,171 3,235,244 3,497,007 240,408 1,000,285 - - - $ 21,536,001 $ 14,471,102 $ 9,331,729 $ 27 ,975,701 $ 19,030,901 8 Project name: Dodd Boulevard (CSAH -9): 183` Street to Hayes Avenue Highview Avenue: Dodd Boulevard to 175 Street Project Manager: Chris Pence, Public Works Director Anticipated start date: 2013 (construction) — 2014 (Reimbursement to County) Project Description and location Dakota County recently awarded the construction contract for this project. CSAH -9 (183 Street to Hayes Avenue) will be reconstructed to a 4 -lane divided roadway, including a roundabout at the Highview Avenue intersection, to improve intersection operations, traffic flow and safety along this corridor. The project also includes improvements to Highview Avenue (CSAH -9 to 175 Street). Dakota County is front- ending the 2013 project costs; Lakeville will reimburse the County for itc gharr_. of Pnetg in 201,. Revenues Municipal State Aid Fund Municipal State Aid Total frenditures Design /Right -of -Way Acquisition /Construction Total 2014 2015 2016 2017 2018 3,157,9(X7 $ 3,157,900 $ 3,157,900 $ 3,157,900 $ 9 Project name: Project Manager: Anticipated start date: Kenwood Tr. (CSAH - 50)/185 °' St. (CSAH -60) Roundabout Kenwood Tr. (CSAH -50) and 185 "' St. (CSAH -60) Expansion Chris Petree, Public Works Director 2014 (construction) Project Description and location Dakota County has identified the CSAH -50 and CSAH -60 intersection as approaching capacity. To provide for increased traffic volumes along with improving intersection operations, traffic flow and safety along this corridor, Dakota County is proposing to construct a multi -lane roundabout at this intersection and expand both CSAH -50 (CSAH -60 to 7urel Way) and CSAH - 60 (CSAH -50 to Orchard Trail) to 4 -lane divided roadways. The project has been approved for ,$h1 _6 million in Federal- fitndina DaknTa Cnnnfn is frnht_an lino the 2n13 �a a+an and ht_ f_ way costs; Lakeville will reimburse the County for its share of the project costs in 2014. 10 2014 2015 2016 2017 2018 Revenues Dakota County 1,905,000 Municipal State Aid 2,189,000 Escrows 106,000 Federal Grant 1,632,000 $ - $ - $ - $ - Total $ 5,832,000 $ $ $ $ - Expenditures Design /Right -of -Way Acquistion - Construction 5,832,000 $ - $ - $ - $ - Total $ 5,832,000 $ - $ - $ 10 Project name: 190` Street: Dodd Boulevard (CSAH 9) to Holvoke Avenue 190 Street and Holyoke Avenue Roundabout Project Manager: Chris Peirce, Public Works Director Anticipated start date: 2014 (construction) Project Description and location Traffic volumes on 190` Street are anticipated to increase as a result of anticipated residential development occurring on both the north and south sides of this segment. To provide for increased traffic volumes, improve roadway /intersection operations and make safety improvements along this corridor, the reconstruction of this roadway from its current rural local gravel roadway section to an urban collector roadway section and a single -lane roundabout at the intersection of lanth q,, a ^d Holyoke Avenue is proposed. Property cn either side of 190 Street is primarily owned by one owner /developer. The property owner /developer may request the City's assistance in financing these improvements via an assessment project. Right-of-way dedication will be provided through the platting process prior to construction. The benefitted properties will be assessed 100% of the 190` Street roadway costs. Costs associated with the roundabout and the Holyoke Avenue realignments are proposed to be shared by the City. 2014 . 2015 2016 2017 2018 Revenues G.O. Impr. Bonds - Sp. Assess. 1,926,669 Municipal State Aid 466,415 Other 192,000 City P-scrow 109,827 Total $ 2,694,911 aDenditures Design 663,441 Right -of -Way Acquisition - Construction - 190th Street 1,168,020 Construction - RAB and II Holyoke Ave Reatigntrent 863,450 Total $ 2,694,911 $ - $ (Scott County) Chris Petree, Public Works Director Project Manager: Anticipated start date: 2014 (construction) /2 Project Description and location Dakota County is proposing to reconstruct CSAH -9 from CSAH -46/2 in Scott County, through! Eureka Township, to CSAH -70. This project will improve roadway operations and safety, and provide for increased traffic volumes. Proposed improvements within the City include shoulder widening and a mill and overlay. No geometric improvements are expected at the CSAH -70 intersection. This project has been approved for $5.6 million in Federal funding. Dakota County is front - ending the 2013 design and right -of -way costs; Lakeville will reimburse the County for its share of the project costs in 2014. y g Revenues 2014 2015 2916 2M 2018 Dakota County 182,356 Municipal State Aid 149,200 Total $ 331,556 $ - $ $ $ - Expenditures Design /Right -of -Way Acquisition - Construction 331,556 Total $ 331.,556 $ - $ - $ - $ - 12 Project name: Kenwood Tr. (CSAH -50): Dodd Boulevard (CSAH -9) to 185 "' Street (CSAH -60) Project Manager: Chris Petree, Public Works Director Anticipated start date: 2017 Project Description and location Dakota County and the City conducted a transportation corridor study in 2012/2013 to develop short and long -term improvement recommendations to CSAH -50 (CSAH -60 to CSAH -9) and the surrounding transportation system. The study identified transportation needs for CSAH -50 and evaluated improvement options. The study indicated that this segment of roadway is approaching capacity. To provide for future traffic volumes, improve roadway /intersection operatinny anri rrnprn le safety, Dakota County could propose to expand CSAH-50 t0 a - lane divided roadway. Design and right -of -way acquisition is required. Financing is subject to Dakota County Advance Funding the project until 2018. 2014 2015 2016 2017 2018 Revenues Dakota County 8,587,959 Municapal State Aid 6,948,811 City Escrows - - - 77.700 Total $ - $ - $ - $15,614,470 $ - Fapenditures Design 876,070 Right -of -Way Acquistion 4,224,640 Construction - - - 10,513,760 - Total $ - $ - $ - $15,614, $ - 13 Project Name: Kenrick Avenue: 181" Street —Railroad Tracks Project Manager: Chris Petree, Public Works Director Anticipated Start Date: 2017 (construction) Project Description and location In order to provide a connection between the CSAH -50 business district and the Timbercrest commercial campus, Kenrick Avenue is proposed to be extended from 181 Street to the railroad tracks west of Kenwood Trail (CSAH -50). Wetlands and topography limit the potential development of this property and the owner has expressed interest in working with the City to make this project viable. Right -of -way dedication will be provided by the property owner prior to construction. The benefitted property could be specially assessed a minimum of 20% of the project costs; the special assessments would be deferred until the property develops. The debt service cost could be financed with property tax levies until such time as the deferment ends. 2014 2015 2016 2017 Rewnues Improvement Const. Fund Debt Issuance- G.O. Improvement Bonds Property Taxes (future years) 2,575,000 _ Total $ - $ - $ - $ 2,575,000 $ EKMndtnres Design 594,400 Right -of -Way Acquisition - Constmction 1,980,600 _ Total $ $ $ - $ 2,575,000 $ 2018 14 Project name: Dodd Boulevard (CSAH 9): 194` St. to 185` St. (CSAH -60) Project Manager: Chris Petree, Public Works Director Anticipated start date: 2018 Project Description and location Dakota Comity is proposing to expand CSAH -9 to a 4 -lane divided roadway from 194 Street to CSAH -60 as a result of past traffic safety issues to provide for increased traffic volumes, improve roadway /intersection operations and improve safety. Design and right -of -way acquisition is required. There may be potential project savings if this project is designed in coordination with the 190` Street (CSAH -9 to Holyoke Ave) improvements. lesrnstw ' "e $ I OTI15T W IWiH 9T W q i ( ,a.THSTw � 2014 2015 2016 2017 2018 Revenues Dakota County $ 4,556,310 Municipal State Aid $ 3,507,890 City Escrow $ 220,000 Total $ - $ - $ - $ - $ 8,284,200 Ekoenditures Design $ 1,548,500 Right -of -Way Acquisition $ 1,574,700 Construction $ 5,161,000 Total $ - $ - $ - $ - $ 8,284,200 15 name: Collector Reconstruction and Overlays Project Manager: Chris Peirce, Public Works Director Anticipated start date: Annual Project Description and location Lakeville's collector reconstruction and overlay program is designed to provide maintenance to City collector roadways, to maintain the overall condition of the road surface, and gain the maximum service life at the best overall cost. Collector Reconstruction Heritage Dr /Iberia Ave Kenrick Ave: N. City Unit- 167th Hamburg Ave: Lkvlle Blvd - 215th Total collector reconstruction Collector Overlays Kenrick Ave: 185th - 205th Kensington Blvd: 205th - 210th Holyoke Ave: 215th - Heritage Dr Holyoke Ave/210th Intersection 172nd St: Kenyon Ave - Kodiak Klamath Tr: S. CR 5 - N. CR 5 Ipava Ave: 185th - Kenwood Tr Total collector overlays 2014 2015 2nr� 2017 201 - 927,301 - - - 1,962,6I9 - - - 472,906 - - - $ - $ 3,362,826 $ - $ - $ - 456,807 384,841 - - 565,968 - - - - 59,525 - - - 137,694 300,839 - - - - 699,812 $ 841,648 $ - $ 625,493 $ 438,533 $ 699,812 16 Project name: Pavement Management Project Manager: Chris Petree, Public Works Director Anticipated start date: Annual Project Description and location Lakeville's pavement management program is designed to provide basic maintenance to City streets, to maintain the overall condition of the road surface, and gain the maximum service life at the best overall cost. The program includes miscellaneous repairs, crack sealing, seal coating, velocity patching, curb & sidewalk repair, bridge inspections & repairs, transportation safety improvements and asset ]management support. Kensington Avenue street lights are proposed to be replace in 2014. 2015 2016 2017 2018 Rewnues Pavement Management Fund Property taxes/fund balance 834,586 804,475 838,691 881,753 926,536 Municipal state aid 374,335 374,335 374,335 374,335 374,335 fives *un0nt incoame 3,51 3,500 3,500 3,5000 3,500 Total revenues $ 1,212,421 $ 1,182,310 $ 1,216,526 $ 1,259,588 $ 1,304,371 Knenditures Maintenance Cracksealing 59,488 61,868 64,342 66,916 69,593 Seal coating 224,973 233,972 243,331 253,064 263,186 Velocity Patching 107,120 111,405 115,861 120,495 125,315 Patching & Minor Overlays 569,878 592,674 616,380 641,036 666,677 Park parking lots 30,512 22,187 15,000 15,000 15,000 Sidewalk 25,000 25,000 25,000 25,000 25,000 Cone Curb, Draintile 25,000 25,000 25,000 25,000 25,000 Bridge Insp & Repairs /Ulardrail 15,000 15,000 15,000 15,000 15,000 Safety Improvenwrits 30,000 30,000 30,000 30,600 30,000 Street Light lmproventeents 61,600 - - - - Pavement Asset Mgt Support 30,000 30,000 30,000 30,000 30,000 Other (5 %) 33,850 35,204 36,612 38,077 39,600 Total maintenance $ 1,212,421. $ 1,182,310 $ 1,216,526 $ 1,259,588 $ 1,304,371 17 Project name: Street Reconstruction Project Manager: Chris Petree, Public Works Director Anticipated start date: Annual Project Description and location The City embraced a pavement management study prepared in 2009 which sets forth a long -term plan for maintaining City streets based on pre- established standards. The road systems degradation has accelerated in recent years. Staff is therefore recommending advancement of the schedule as shown below. The City Council approved a Street Reconstruction Policy in November 2006 whereby the property owners will be assessed for 40% of the street reconstruction project. The City will finance its 60% share of the project cost with property taxes. 18 2014 2015 2016 2017 2018 Rewnues Improvenent Const. Wand Debt Issuance- G.O. Hnprovement Bonds Property Taxes (future years) 4,335,094 5,244,316 4,301,539 4,852,866 5,245,511 Special Assessments 2,890,063 3,681,365 3,188,171 3,235,744 3,497,007 Other 240,408 1 000,285 Total $� 7,225,1.57 $8,925,687. $ 7,489,710 7 8,088,110 $ 8,742,518 Dawn(litures Construction 5,351,968 6,611,616 5,547,933 5,991,193 6,475939 Other 1,873,189 2,314,065 1,941,777 2,096,917 2,266,579 Total $ 7,225,157 $ 8,925,681 $ 7,489.710 $ 8,088,110 $ 8,742,518 18 I come 19 Project name: Street: Hayes Avenue to Cedar Avenue (CSAH -23) Project Manager: Chris Petree, Public Works Director Anticipated start date: Non - programmed project Project Description and location To provide for increased traffic volumes, improve roadway /intersection operations and improve safety, Dakota County is proposing to construct 179"` Street (CSAH -9) to a 4 -lane divided roadway from Hayes Avenue to CSAH -23. Construction and alignment of this roadway is consistent with the Dakota County East -West Corridor Preservation Study. As part of this project, 175 Street will be extended to 179 Street — the City is responsible for 100% of this rngt, Right- of -wav rlarlirntinn will ha i nrnvirleA by tha prn art�i numer r nrinr rn eU1etr� »ettOn This project may require changes to the current intersection control (i.e. traffic signal and turn lanes) at CSAH -23 and Dodd Boulevard. These project costs and City financing requirements have not been determined and are not included in the project costs listed below. If development occurs adjacent to this segment, design and construction may be required. Dodd Boulevard Realignment and 175th Street Extension (Future) EKmnditures Design 7.,199,100 Right -of -Way Acquistion - Constmction 3,995,900 Total $ 5,195,000 20 175` Street: Dodd Boulevard (CSAH -9) to 179 St. Total Revenues Dakota County 2,545,950 City of Lakeville 2,514,850 City Escrows 134,200 Total $ 5,195,000 EKmnditures Design 7.,199,100 Right -of -Way Acquistion - Constmction 3,995,900 Total $ 5,195,000 20 175` Street: Dodd Boulevard (CSAH -9) to 179 St. Project Name: Keokuk Avenue: Queen Anne to Kenwood Trail (CSAH -5) Project Manager: Chris Petree, Public Works Director Anticipated Start Date: Non - programmed project Project Description and location In order to provide a connection between the residential properties west of Interstate 35 and north of 185' Street (CSAH -60) to the Highway 5150 business district, Keokuk Avenue is proposed to be extended from northwest of Kenyon Avenue to Kenwood Trail (CSAH -5). This extension would also allow the County to eliminate the existing access to Kentwood Trail at 172 °a Street which doesn't comply with the County's access spacing requirements. Wetlands and topography limit the potential development of this property and the owner has expressed interest in working with the City to make this project viable. The benefitted property could be specially assessed a minimum of 20% of the project costs; the special assessments would be deferred until the property develops. The debt service cost could be financed with property tax levies until such time as the deferment ends. Right -of -way dedication will be provided by the property owner. Eimnditures Design 619,800 Right -of -Way Acquistion - Construction 2,065,500 Total $ 2,685,300 21 Total Rewnues Dakota County 137,600 City of Lakeville 2,532,200 City Escrows 15,500 Total $ 2,685,300 Eimnditures Design 619,800 Right -of -Way Acquistion - Construction 2,065,500 Total $ 2,685,300 21 i m.03 .t*ce� 22 Transportation Financing Financing Project 2014 2015 2016 2017 2018 Dakota County Dodd Blvd (CSAH 9): CSAH 70 to CSAH 46/2 182,356 CSAH 50 /CSAH 60 Roundabout 1,905,000 CSAH 50 Epansion: CSAH 60 (185th St) - CSAH 9(Dodd Blvd) - 8,587,959 CSAH 9 (Dodd Blvd): CSAH 60 (185th St) - 194th S 4,556,310 Total Dakota County 2,087,356 - - 8,587,959 4,556,310 Federal Grant CSAH 50 /CSAH 60 Roundabout 1,632,000 Other- Escrows 190th Street: Dodd Blvd - Holyoke 109,827 885,253 CSAH 50 /CSAH 60 Roundabout 106,000 CSAH 50 /CSAH 60 Roundabout CSAH 50 FV an lion: CSAH on (185th St) - CSAH 9 (Dodd Blvd) 77,700 1,679,734 CSAH 9 (Dodd Blvd): CSAH 60 (185th St) - 194th S Dodd Blvd (CSAH 9): 183rd St to Hayes Ave. 220,000 Total Other 215,827 77,700 220,000 Municipal State Aid - Maintenance 466,415 Pavement Management - Maintenance 374 374,335 374,335 374,335 374335 Municipal St Aid (M,S,A.1 Dodd Blvd (CSAH 9): CSAH 70 to CSAH 4612 149,200 885,253 930,036 841,648 CSAH 50 /CSAH 60 Roundabout 2,189,000 699,812 1,679,734 807,975 1,467,684 Dodd Blvd (CSAH 9): 183rd St to Hayes Ave. 3,157,900 21,536,001 14,471,102 9,331,729 27,975,701 190th Street: Dodd Blvd - Holyoke 466,415 CSAH 50Expansion: CSAH 60 (185th St) - CSAH 9 (Dodd Blvd) 6,948,811 CSAH 9 (Dodd Blvd): CSAH 60 (185th St) - 194th S 3,507,890 Total M.S.A. 5,962,515 6,948,811 3,507,890 G.Q. improvement Bonds Taxes Collector Road Reconstruction 2,690,261 Kenrick Ave: 181 st - RR Tracks. 2,575,000 Street Reconstruction 4,335,094 5,244,316 4,301,539 4,852,866 5,245,511 Subtotal Debt Supported by Taxes 4,335,094 7,934,577 4,301,539 7,427,866 5,245,511 Special Assessments 190th Street: Dodd Blvd - Holyoke 1,926,669 Keokuk Ave: Queen Anne - Kenwood Trail (CSAH 50) Collector Road Reconstruction 672,565 Street Reconstruction 2,890,063 3,681,365 3,188,171 3,235,244 3,497,007 Total G.O. Improvement Bonds 9,151,826 12,288,507 7,489, 10,663,110 8,742,518 Othe r 190th Sweet: Dodd Blvd - Holyoke Sweet Reconstruction Total Other Taxes Pavement Management- Maintenance Pavement Management - Overlays Total Current Taxes Total Financing 192,000 240,408 1,000,285 432,408 1,000,285 838,086 807,975 842,191 885,253 930,036 841,648 625,493 438,533 699,812 1,679,734 807,975 1,467,684 1,323,786 1,629,848 21,536,001 14,471,102 9,331,729 27,975,701 19,030,901 23 Municipal State Aid Fund Statement of Revenue, Expenditures and Changes in Fund Balance 2(014 2015 2016 2017 2018 Revenues MSA allottment - Advanced Encumbrance MSA allottment Dakota County Advance Funding Otherfinancing sources -MSA debt Total revenues Expenditures Dodd Blvd (CSAH 9): CSAH 70 to CSAH 46/2 Cedar Ave: 162nd St to 179th St. Dodd Blvd (CSAH 9):183id Stto Hayes Ave. KeDrick Ave/205th St Roundabout CSAH 50 1CSAH 60 Roundabout 190th Street: Holyoke - Dodd Blvd. CSAH 50 Expansion: CSAH 60 (185th St) - CSAH 9 (Dodd Blvd) CSAH 9 (Dodd Blvd): CSAH 60 (185th St) - 194th St Total expenditures Net Increase (Decrease) Fund Balance, January 1 Fund Balance, December 31 3,057,000 6,948,811 6,948,811 (3,440,921) - 3,057,000 - - 6,948,811 3,507,890 149,200 3,157,900 2,189,000 466,415 6,948,811 3,507,890 $ 5,962,515 $ - $ - $ 6,948,811 $ 3,507,890 (1905,515) — 2,980.711 75,196 75.196 75,196 75.196 $ 75,196 $ 75,196 $ 75,196 e 75,196 $ 75,196 24 Pavement Management Fund Statement of Revenue, Expenditures and Changes in Fund Balance 2014 2015 2016 2017 2018 Revenues 1Malntenwice Taxes 1,236,150 1,242,331 1,248,542 1,254,785 1,261,059 MSA - Maintenance 374,335 374,335 374,335 374,335 374,335 Other 243,331 253,064 263,187 Velocity Patching Total ReNenues 1,610,485 1,616,666 1,622,877 1,629,120 1,635,394 Expenditures 841,648 - 625,493 438,533 699,812 1Malntenwice Total capital improvements Crack sealing 59,488 61,868 64,343 66,917 69,594 Seal coating 224, 973 233,972 243,331 253,064 263,187 Velocity Patching 107,120 Ill,4n5 11.5,861 120,495 125315 Patching & Minor Overlays 569,878 592,673 616,380 641,035 666,676 Park parking lots 30,512 22,187 15,000 15,000 15,000 Sidewalk 25,000 25,000 25,000 25,000 25,000 Cone Curb, Draintile 25,000 25,000 25,000 25,000 25,000 Bridge Insp /Repass 15,000 15,000 15,000 15,000 15,000 Safety ]mprovenjents 30,000 30,000 30,000 30,000 30,000 Pavement Asset Mgt Support 30,000 30,000 30,000 30,000 30,000 Street light firprovements 61,600 Other 33,850 35,204 36,612 38,076 39,599 Parking Lot Work Plan Total maintenance 1,212,421 1,182,309 1,216,527 L259,587 1,304,371 Overlays Kenrick: 185th - 205th 456,807 Kensington Blvd: 205th - 210th 384,841 Holyoke Ave: Heritage -215th 565,968 Holyoke Ave: /210th intersection 59,525 172nd St: Kenyon Ave - Kodiak 137,694 Klamath Ti: CR 5 - N. CR 5 300,839 Ipava Ave: 185th - CSAH 50 699,812, Total overlays 841,648 - 625,493 438,533 699,812 Total capital improvements 2 ,054,069 1,182,309 1,842,020 1,698,120 2,004,183 Net Increase (Decrease) (443,584) 434,357 (219,143) (69,000) (368,789) Fund Balance, January 1 1, 1 ,22 9, 712 1,66 1,444,926 1,37 5,926 Fund Balance, December 31 1,229,712 1,664,069 1,444,926 1,375,926 1,007,137 25