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Home My WebLink About10 Year Park DedicationCIP CIP CIP CIP CIP CIP CIP CIP CIP CIP CIP Totals Totals 2021 2022 2023 2024 2025 2021-2025 2026 2027 2028 2029 2030 2023-2030 2021-2030 REVENUES Park Development Fees 1,077,763 1,120,625 1,164,772 1,210,244 1,257,080 5,830,483 1,305,321 1,355,009 1,406,188 1,458,902 1,513,198 7,038,618 12,869,101 Park Development Fees - credits 435,000 435,000 435,000 435,000 435,000 2,175,000 435,000 435,000 435,000 435,000 435,000 2,175,000 4,350,000 Special assessments - - 2,021 - - 2,021 - - - - - - 2,021 Valley Park antenna - - - - - - - - - - - - - Warweg Rental - - - - - - - - - - - - - Avonlea Farm Land Rental 3,900 3,900 3,900 - - 11,700 - - - - - - 11,700 Escrow Funds - - - - - - - - - - - - - Interest 23,300 18,500 15,100 5,600 7,100 69,600 2,800 5,700 11,400 17,400 23,600 60,900 130,500 Other - - - BOND PROCEEDS 8,215,000 15,200,000 2,533,400 25,948,400 - - - - - - 25,948,400 - - - Donations/Contributions:- - Donations - LBA - King Park Lighting 50,000 - - - 50,000 - - - - - - 50,000 Donations - LBA - Quigley Sime - Shelter ($20,000 in 2018)- - - Donations - LBA - King Park Field 2&4 Safety Fencing - - - Contributions- Dakota County- Antlers Park/Lake Marion Trailhead - 250,000 - - 250,000 - - - - - - 250,000 Contributions- Dakota County- Lake Marion Greenway/Ritter Farm Trail Feas. Study - - - - - - - - - - - - Contributions- Dakota County- Lake Marion Greenway/Ritter Farm Trail Improvement Design - 50,000 - - 50,000 - - - - - - 50,000 Contributions- Dakota County- Lake Marion Greenway/Ritter Farm Trail Improvements - - 250,000 - 250,000 - - - - - - 250,000 Contributions- Dakota County- North Creek Trail RFP (2020) Design (2021) Const. (2022)- - - - - - - - - - - - Donations - LCA (West Lake Marion Bike Course)- - - - - - - - - - - - Donations - Memorial Bench - - - - - - - - - - - - Donations - other - - - - - - - - - - - - Total Revenues 1,589,963 10,093,025$ 1,870,793$ 16,850,844$ 4,232,580$ 34,637,204$ 1,743,121$ 1,795,709$ 1,852,588$ 1,911,302$ 1,971,798$ 9,274,518$ 43,911,722$ EXPENDITURES Antlers Park Antlers Master Plan - - - - - - - - - - - - - Warweg Property acquisition & demolition - - - - - - - - - - - - - Antlers Community Park Design/Const. Adm.570,000 380,000 - - - 380,000 - - - - - - 380,000 Antlers Community Park Improvements 7,265,000 - - - 7,265,000 - - - - - - 7,265,000 Aronson Park Shelters - - 150,000 - - 150,000 - - - - - - 150,000 Aronson Park Safety Fencing field 3 80,000 - - - - 80,000 - - - - - - 80,000 Aronson Park Impacts from CR50 Project (15-12)- - - - - - - - - - - - - Avonlea Community Park - - - - - - - - - - - - - Master Plan - - - - - - - - - - - - - Land acquisition - - - - - - - - - - - - - Avonlea Community Park Design/Const. Adm.- 651,250 447,500 - 1,098,750 - - - - - - 1,098,750 Avonlea Community Park Improvements 14,081,250 - 14,081,250 - - - - - - 14,081,250 Pinnacle Reserve at Avonlea Park and Greenway - - - - - - - - - - - - - Pinnacle Reserve Park- planning/design - - 70,000 40,000 - 110,000 - - - - - - 110,000 *Pinnacle Reserve Park- construction - - - 750,000 - 750,000 - - - - - - 750,000 *Includes:Park, Trails, Bridge and Lighting from Hamburg to Highview Cedar Crossing Park - - - - - - - - - - - - - Master Plan - - - - - - - - - - - - - Planning/design 25,000 - - - - - - - - - - - - Construction 650,000 - - - - - - - - - - - - East Community Park - - - - - - - - - - - - - Master Plan - - - - - - - - - - - - - Planning/design - 228,000 152,000 380,000 - - - - - - 380,000 Construction - - 2,173,400 2,173,400 - - - - - - 2,173,400 King Park - - - - - - - - - - - - - - Irrigate fields 4, 6, 7 and 8 - - - - - - - - - - - - - - Lighting - - - - - - - - - - - - - - Drainage system- fields 1, 2, 5, 9 - - - - - - - - - - - - - - Drainage system- fields 4, 6, 7, 8 - - - - - - - - - - - - -Safety Fencing - 2 & 4 - - - - - - - - - - - - - -Safety Fencing - 6 - - - - - - - - - - - - Park- East of Cedar/N of 181st - - - - - - - - - - - - - Master Plan - - - 14,000 - 14,000 - - - - - - 14,000 Planning/Design/Const Adm - - - 45,000 20,000 65,000 - - - - - - 65,000 Construction - - - - 500,000 500,000 - - - - - - 500,000 North Creek Greenway Park - - - - - - - - - - - - - Proposed Park Dedication Fund 2021-2030 (with 3% annual park dedication fee increase) CIP CIP CIP CIP CIP CIP CIP CIP CIP CIP CIP Totals Totals 2021 2022 2023 2024 2025 2021-2025 2026 2027 2028 2029 2030 2023-2030 2021-2030 Proposed Park Dedication Fund 2021-2030 (with 3% annual park dedication fee increase) Master Plan 14,000 - - - 14,000 - - - - - - 14,000 Planning/Design/Const Adm 45,000 20,000 - - 65,000 - - - - - - 65,000 Construction - 500,000 - - 500,000 - - - - - - 500,000 Knob Hill Park - - - - - - - - - - - - - Master Plan - 13,000 - - - - - - - - - - - Planning/Design - 45,000 30,000 - - 30,000 - - - - - - 30,000 Construction - - 650,000 - - 650,000 - - - - - - 650,000 Spyglass Park Phase 2 - - - - - - - - - - - - - Master Plan - - - - 18,000 18,000 - - - - - - 18,000 Planning/Design - - - - 45,000 45,000 20,000 - - - 20,000 65,000 Construction - - - - - - 500,000 - - - 500,000 500,000 Ritter Farm Park - - - - - - - - - - - - - Cabin Arch Design 75,000 75,000 - - 150,000 - - - - - - 150,000 Cabin and Park Improvements - 1,100,000 - - 1,100,000 - - - - - - 1,100,000 ELC Building Demolition - 30,000 - - 30,000 - - - - - - 30,000 Knollwood Circle Park - - - - - - - - - - - - - Planning/Design - - 10,000 10,000 - 20,000 - - - - - - 20,000 Construction - - - 175,000 - 175,000 - - - - - - 175,000 The Preserve Greenway Playpods - - - - - - - - - - - - Planning/Design 5,000 - - - 5,000 - - - - - - Construction - 85,000 - - - 85,000 - - - - - - Other Projects - - - - - - - - - - - - - Casperson Outdoor Performance Stage and Parking Lot Expansion (Design/Construction)65,000 650,000 - - - 715,000 - - - - - - 715,000 Casperson Park - Soccer Parking Lot Fencing - 15,000 - - - 15,000 - - - - - - 15,000 Steve Michaud Park Drain Tile Installation Fields #8 and #9 - - - - - - - - - - - - - West Lake Marion Park Mountain Bike Course - Skills Area - - - - - - - - - - - - - West Lake Marion Park Mountain Bike Course - Fencing - - - - - - - - - - - - - West Lake Marion Park Mountain Bike Course - Improvements - - - - - - - - - - - - - Dodd Trail Parking lot expansion/paving - - - - - - - - - - - - - Parks, Trails and Open Space Plan - - - - 100,000 100,000 - - - - - - 100,000 Quigley Sime Shelter - - - - - - - - - - - - - Quigley Sime Pavement - Parking Lot and around building - - - - - - - - - - - - - Aronson Park New So. Parking Lot - - - - - - - - - - - - - Bunker Hill Pickleball Court Design - - - - - - - - - Bunker Hill Pickleball Court Construction 180,000 180,000 - - - - - - 180,000 Park Dedication Fee Analysis C/I Values - - - - 15,000 15,000 - - - - - - 15,000 Other - - - - - - - - - - - - Other- Developer pass-through Cost - - - Trails - - - - - - - - - - - - - Trail Connectivity 100,000 50,000 100,000 100,000 100,000 450,000 100,000 100,000 100,000 100,000 100,000 500,000 950,000 175th St Trail Construction - Dodd Blvd to Tunnel in Cherryview Park 50,000 210th St Trail (CP 22-03)- 780,000 780,000 - - - - - - 780,000 CR50 Trail and trail underpass (15-12 project)- - - - - - - - 185th St/Future CSAH 60 (Highview Ave - Street 7) Trail (CP 20-10)- - - - - - - - CSAH 70/210th St (E of Kensington Blvd - Cedar Ave) Trail (CP 20-05)30,000 - 30,000 - - - - - - 30,000 Dodd Blvd Trail (CP 21-05)- 100,000 - 100,000 - - - - - - 100,000 179th St/Future CSAH 9 (Hayes Ave - Cedar Ave) Trail (CP 23-04)52,800 52,800 - - - - - - 52,800 185th St/Future CSAH 60 (Dodd Blvd - Highview Ave) Trail (CP 24-04)83,160 - 83,160 - - - - - - 83,160 CSAH 46 TRAIL (PILOT KNOB TO DIAMOND PATH) Lake Marion Greenway/Ritter Farm Trail - - - - - - - - - - - - - Feasability Study with Dakota County - - - - - - - - - - - - - Design and Improvements - 25,000 100,000 - - 125,000 - - - - - - 125,000 North Creek Greenway Trail - - - - - - - - - - - - - City Responsible Assistance In Design & Construction - - - - - - - - - - - - - Dakota County Pays for RFP (2020), Design (2021), Construction (2022) New Trail Lighting - - - - - - - - - - - - - Avonlea (Hamburg to Highview)40,000 - - - - 40,000 - - - - - - 40,000 CR50 Trail lighting (15-12 project)- - - - - - - - 185th St/Future CSAH 60 (Highview Ave - Street 7) Trail Lighting (CP 20-10)- - - - - - - - 210th St Trail Lighting (CP 22-03)137,500 137,500 - - - - - - 137,500 CSAH 70/210th St (E of Kensington Blvd - Cedar Ave) Trail Lighting (CP 20-05)140,000 - 140,000 - - - - - - 140,000 179th St/Future CSAH 9 (Hayes Ave - Cedar Ave) Trail Lighting(CP 23-04)45,000 45,000 - - - - - - 45,000 185th St/Future CSAH 60 (Dodd Blvd - Highview Ave) Trail Lighting (CP 24-04)40,000 - 40,000 - - - - - - 40,000 CIP CIP CIP CIP CIP CIP CIP CIP CIP CIP CIP Totals Totals 2021 2022 2023 2024 2025 2021-2025 2026 2027 2028 2029 2030 2023-2030 2021-2030 Proposed Park Dedication Fund 2021-2030 (with 3% annual park dedication fee increase) Dodd Blvd Trail Lighting (CP 21-05)30,000 - - 30,000 - - - - - - 30,000 Dodd Blvd- new trail lights Chadwick Park (Solar Project)- - - - - - - - - - - - - Stoneborough Park 45,000 - - - - 45,000 - - - - - - 45,000 Transfers To improvement construction fund (Project 19-05, Hamburg Ave- new trails) - - - Planning and design - general 15,000 15,000 20,000 20,000 20,000 90,000 20,000 20,000 20,000 20,000 20,000 100,000 190,000 Future Land Acquisition 100,000 100,000 250,000 100,000 1,500,000 2,050,000 100,000 100,000 100,000 100,000 100,000 500,000 2,550,000 Future Land Acquisition - Future developer obligations (developer contracts) Developers Credit 435,000 435,000 435,000 435,000 435,000 2,175,000 435,000 435,000 435,000 435,000 435,000 2,175,000 4,350,000 Transfer police land sale proceeds (to trail improvement fund)- - - - - - - - - - - - - Total Capital Improvements 2,539,000 10,770,500 3,769,050 16,568,910 5,078,400 37,372,860 1,175,000 655,000 655,000 655,000 655,000 3,795,000 41,077,860 Net Increase/(Decrease)(949,037) (677,475) (1,898,257) 281,934 (845,820) (2,735,656.06) 568,121 1,140,709 1,197,588 1,256,302 1,316,798 5,479,518 2,833,862 Fund Balance, Jan 1 4,654,358 3,705,321 3,027,846 1,129,589 1,411,523 565,702 1,133,823 2,274,532 3,472,120 4,728,422 Fund Balance, Dec 31 3,705,321$ 3,027,846$ 1,129,589$ 1,411,523$ 565,702$ 1,133,823$ 2,274,532$ 3,472,120$ 4,728,422$ 6,045,220$ A= Knutson Property/Antlers Park, B=King Park Expansion, C=Rechtzigel Property/South of Casperson, D=Doudrick Property/Antlers Park B C