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5.2. SR 11-08-2010Item # 5 , 2 , MEMORANDUM TO: Mayor and City Council FROM: Tim Simon, Finance Director DATE: November 8, 2010 SUBJECT: 201 I-2015 Capital Improvement Plan (CIP) The purpose of the discussion is to continue the review of preliminary information regarding projects proposed in the 2011-2015 CIP. At the October 11, 2010 meeting we reviewed the streets infrastructure, equipment replacement, parks improvements/replacements, GRE reserve, and information technology portion of the 2011-2015 CIP. Tonight, we will continue the discussion with the Government building fund, Ice Arena, and continued discussion on the Street CIP portion. Street Improvement Reserve Fund At the prior meeting we reviewed the cash flows of the Street Improvement Reserve Fund. Council had some discussion of a few other projects and City Engineer Justin Femrite has put together the cost estimates along with the proposed timing on the additional items discussed. 1) Add 1" Street to the 2011 reconstruction project - $50,000 (2011) 2) Trail along Proctor between Sauk driveway and 194`h - $150,000 (2013) 3) Trail along Business Center Drive from Joplin to Orono Park Trail - $100,000 (2012) Municipal State Aid (Exhibit A) A memo from Ciry Engineer Justin Femrite is attached outlining the proposed change to the Municipal State Aid (MSA) allocation from 5% to 25% to complete more sealcoating, crack filling, and street patching. In addition to Justin's memo we have included a five year forecast on the MSA allocation. Government Building Reserve Fund (Exhibit B) This fund covers building construction and maintenance, landscaping, and small remodeling projects for the municipal buildings. As discussed in the previous CIP we established setting aside $50,000 annually for future building repairs. Aside from routine updates and maintenance projects, the Council may want to discuss the timing of the public works building project. Currently the planning team is working with SEH on a master plan. The building is currently estimated around $8 million. The estimate may be adjusted as the (;:ADocuments and SetCings\tsimon\l.ocal Settings\Temporary Internet Files\Contentoudook\1NAF;SP1'N\2011- 2015CIPcondnuedl.doca master planning process gets farther along. As previously discussed, we anticipate a significant transfer from the municipal liquor fund to offset some of the costs of the project. In addition, the fund has been dedicated to the library debt issue and at the end of 2015 the outstanding balance is $2,845,553. After setting aside funds for emergency repairs/replacements, very few projects have been programed into this fund based on the estimated revenue stream and cash balance of $2,981,3$2. Given our good maintenance program we don't anticipate any major repairs aside for the buildings getting older. Ice Arena Capital Projects Rich Czech will review the anticipated projects fox the Ice Arena over the next five years. Rich was out of the office due to a family emergency and therefore the information will be presented at the Council meeting. The items discussed during the 2011 budget process include: The Barn condenser which will be at the end of its life expectancy ($37,500) An electric ice edger ($6,900) C:\llocuments and Settings\tsimon\Local Settings\"Temporary Internet ri]es\Content.0utlook\1NAESNYN\2011- 2015CiPcontinuedl.docs EXHIBIT A Elk MEMORANDUM •~..~: River TO: Honorable Mayor and Members of the City Council FROM: Justin Femrite, P.E., City Engineer DATE: I I -8- I 0 SUBJECT: State Aid Maintenance Allocation Over the last few months Phil Hals and I have spent considerable time reviewing the needs for maintaining our street surfaces. We are continuing to work on a pavement management plan in which we are completing a comprehensive surface evaluation of every street segment in Elk River. Of the approximately 150 miles of local roadways maintained by the street department, 144 miles, or 96%, are constructed with bituminous pavement. Research completed at local, state and federal levels have all shown that with properly timed maintenance treatments, the life of pavement can easily be doubled and in some cases tripled. The following chart was developed by the Minnesota Department of Transportation Local Road Research Broad. The red line shows the life of a pavement that receives no maintenance throughout its life. This pavement reaches the point of needing reconstruction within 20-years. The blue line identifies the pavement life of a street segment that receives a crack fill and sealcoat on a 7- year rotation with two pavement overlays over the life of the street. Maintenance Strategies for t_ife Cycle Extension goo ,.. :;, ,:, fir.; ~: ~r Y ~( o - y ~ ~~ ~~~r~~'.ti i~ 6~ «~. pc CJ ~ 40 ~ - E d ~i 0 -.__ _ _ 0 20 ~ ac Pavement Age (Years) MaiMenanr~ Strategies +ROUtine Maintenance Oniy +sealcoat and Overlay Based on the current data we have started collecting, the average pavement condition of our street surfaces is 79. This number, according to the Maintenance Strategies chart on the previous page, shows that most of our street segments are in good condition and are recommended for localized maintenance and sealcoating. In an effort to keep our street segments in this condition, we are proposing to increase the amount of streets we sealcoat and crack fill on a yearly basis. We are proposing to increase the program so we can sealcoat all streets every 7-years as recommended. This will be accomplished by putting more resources into our sealcoat and maintenance program. The current allocation for funding of the 2011 sealcoating program is as follows: General Fund $136,700.00 Impact Fees $20,550.00 Total Available- $157,250.00 Miles of street that can be sealcoated in 2011 based on this budget- 8.1 Miles To begin a 7-year sealcoating cycle we need to sealcoat around 20 miles of roadways per year. To complete a sealcoating program that covers 20 miles of roads in 2011, we would need an additional $230,000 in funding above what has already been committed. We have not identified a funding source for the full deficit, but can obtain a large portion of it by modifying our current State Aid allocation. We have historically requested 5% of our allocation be distributed to us for maintenance purposes. This 5% amount was originally estimated to be $57,000 and already included in the estimated revenue sources for the General fund. This $57,000 is included in the $136,700 allocated for sealcoating in the current Streets Budget. We are proposing to increase our State Aid Maintenance allocation from the existing 5% request to the maximum 25% allowed. This change would increase our general fund revenue from State Aid by $197,027. This will change the general fund as shown in the following table: Preliminary General Fund 2011 budget Change Adjusted State Aid Maintenance (Revenue) $57,000.00 $197,027.00 $254,027.00 Seal Coating (Expenditure) $136,700.00 $197,027.00 $333,727.00 This increase would allow the Street Department to seal coat about 18.25 miles of streets in 2011. While this is short of our 20 mile per year goal, it will allow for a program to have our streets seal coated every 7 to 8 years. Attached is a five year forecast of our Municipal State Aid allocation. After next year's sealcoat project is complete, we will reassess the funding sources to insure the changes are in line with the cycle we need to maintain. I will be at the November 8, City Council work session to answer any questions or concerns you have with the above. MSA Fund Balance Beginning balance New Allotment(average) Industrial Park improvements 193rd Construction Costs Maintence (sealcoat/overlays)* TRLF Payback Ending Balance Estimate Estimate Estimate Estimate Estimate 2010 2011 2012 2013 2014 2015 (169,007) - 6,717 279,475 577,183 1,396,498 1,023, 049 1,016,107 1,037,000 1,071,000 1, 092,420 1,114,268 - (250,000) - - - - (310,608) - - - - - (40,575) (254,027) (259,250) (267,750) (273,105) (278,567) (502,858) (505,363) (504,992) {505,542) - - 0 6,717 -279,475 577,183 1,396,498 2,232,199.. *=25% of MSA allocation (2011-2015) EXHIBIT B 11/04/2010 CITY OF ELK RIVER Building Reserve Capital Budget update 11,x4,`209 D Estimate Estimate Estimate Estimate Estimate Estimate 2010 2011 2012 2013 2014 2015 Beginning Cash Balance 2,427,130 3,014,660 3,550,249 4,147,971 3,808,166 3,632,339 Sources of Funds Other Revenues 800,000 800,000 800,000 - - - Bond Proceeds - 4;250,000 - - - Fire Station #1 expansion from Ambulance 62,894 62,894 5,214 - - - Grants 50,000 - - - - Transfer In (Liquor Fund) 2,750,000 - - - - Interest earnings 36,407 45,220 44,378 62,220 76,163 90,808 Total Sources of Funds 899,301 3,708,114 5,099,592 62,220 76,163 90,808 Expenditures Old Liquor Store demo 15,000 - - - - - Solar Thermal Project Grant - 100,000 - - - - 2nd Story on Public safety building - - - - - 100,000 Public Works Facility Expansion 15,000 2,750,000 4,250,000 - - - Sealcoating program (Gov't buildings) 24,531 36,000 10,000 10,000 10,000 10,000 Prewetting station/Brining tank - - - 50,000 - - Streets Roof repair 16,250 - - - - - Station #1 Roof repair - - - 100,000 - - Service doors at Fire Station - 25,000 - - - - Floor repair PD - 20,000 - - - - Miscellaenous projects (future building repair 10,000 10,000 10,000 10,000 10,000 100,000 2006C Bonds (Library Debt) 230,990 231,525 231,870 232,025 231,990 231,765 Total Building Reserve Uses of Funds - 311,771 3,172,525 4,501,870 402,025 251,990 441,765 Ending Cash Balance 3,014,660 3,550,249 4,147,971 3,808,166 3,632,339 3,281,382 Cash reserve balance for future repairs/maint. (50,000) (100,000) (150,000) (200,000) (250,000) (300,000) Total cash available 2,964,660 3,450,249 3,997,971 3,608,166 3,382,339 2,981,382 Library Outstanding Balance call date 02/01/16 3,773,203 3,541,333 3,309,308 3,077,318 2,845,553 Estimate Debt Service (Public Works Building) Rate Term 2012 Debt 5.00% 25 2013 Debt 5.00% 25 2014 Debt 5.00% (301,548) (301,548) (301:548) - - 25 - ___._ ~r ~~~1 Arena Capital Improvement Plans 2012 - 2016 Year: 2012 Replace Co Ray Vac pipes in the Barn estimated cost: $8,500 Year: 2012 Floor Scrubber $9,500 2013: Zamboni Battery $10,000 2016: Electric Ice Resurfacer: Estimated cost: $110,000 - $120,000 Other items to consider: Year: 2013 Maintenance /Storage room Cost: 75,000 - 85,000 Year: 2013 Replace front entrance /lobby doors to the Olympic and Barn $12,000 - $16,000 2014: New Heating System for the Barns Locker rooms: Estimated cost: $30,000 - $50,000 Year: ?? Panting or re insulating of the Barn's ceiling Cost: Unknown Year: ?? Front addition /lobby: Estimated cost: Unknown