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7.4 PRSR 10-09-2019 The Elk River Vision A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community engagement that encourages and inspires prosperity Request for Action To Parks and Recreation Commission Item Number 7.4 Agenda Section Action Item Meeting Date October 9, 2019 Prepared by Tim Sevcik, Street and Park Superintendent Item Description 2020-2024 Park Improvement Fund Reviewed by Michael Hecker, Parks and Recreation Director Reviewed by Cal Portner, City Administrator Action Requested Recommend, by motion, the 2020 Park Improvement Fund projects and 2020-2024 capital replacement schedule for park facilities. Background/Discussion On September 18, 2019, the Commission reviewed a list of projects provided by the Street and Park Superintendent for the 2020 Park Improvement Fund and the 2020-2024 capital replacement schedule. The list of projects recommended by staff for funding are based on the Parks Capital Replacement Plan, grant funding requirements, and maintenance needs identified in the field. Projects selected by the Commission for completion in 2020 during the September 18, 2019 Special Work session are:  William H. Houlton Conservation Area Grant Match - $10,000  Volleyball Net Replacements - $5,000  Woodland Trails Regional Park Grant - $387,000  Grant Funds - $362,000  Grant Match - $25,000  Woodland Trails Additional Project Funds - $90,000  Potable Well (6 inch) - $20,000  Bituminous Trails - $24,000  Picnic Shelter Concrete Pad - $22,000  Small Shelter Installation and Concrete Pad - $12,000  Picnic Tables - $12,000  Youth Athletic Complex Dugout Replacement - $150,000 Financial Impact $270,000 – Park Improvement Fund $362,000 – Parks and Trails Legacy Fund Attachments  Park Improvement Fund Spreadsheet City of Elk RiverPark Improvement Fund2019 2020 2021 2022 2023 2024 FutureActual Estimate Estimate Estimate Estimate Estimate ProjectsCash Balance - Beginning $26,581 $474,896 $61,768 $59,140 $74,972 $136,472 $208,972Revenues: Other Revenue Interest Income 2,000 2,500 1,000 1,000 1,500 2,500 4,000 Youth Baseball Association - Dugouts 11,540 √11,540 11,540 - - - - Youth Football - Oak Knoll Lights 7,416 √7,416 7,416 7,416 - - - Lacrosse - Oak Knoll Lights 7,416 √7,416 7,416 7,416 - - - Grants 362,000 - - - - - - Transfer In-Liquor Fund 214,855 √200,000 200,000 200,000 200,000 200,000 200,000 Donations685 √- - - - - - Total Revenues605,912 228,872 227,372 215,832 201,500 202,500 204,000 Expenditures:NotesCountry Crossing Basketball Court Replacement - - 50,000 - - - - Country Crossing Playground Replacement - - - - - 100,000 - DAAC Field Improvements - - - - - - 510,000 Deerfield Basketball Court - - - - - - - Deerfield Park Basketball Court Replacement - - - - - - 25,000 Meets replacement age, continue to assessFresno Park Court Replacement - - 30,000 - - - - Reduce to Half CourtHeritage Landing/Country Crossing Trail - - - - - - 120,000 Seek alternate funding sourceHoulton restoration (FMR match) 10,000 √10,000 - - - - - Lions Park Master Plan 15,000 - - - - - - LJWP Park Playground - - - 200,000 - - - LJWP Basketball Court Replacement - - - - - - 75,000 Meets replacement age, continue to assessLJWP Trail Reconstruction - - - - - - 203,000 Seek alternate funding sourceMississippi Road Trail Reconstruction - - - - - - 120,000 Seek alternate funding sourceOrono Park Trails Reconstruction - - - - - - 166,000 Seek alternate funding sourcePark Property Lines 3,739 √- - - - - - Ridgewood Park Basketball Court Replacement - - - - - 30,000 - Rivers Edge - flagpole/dock 1,372 √- - - - - - Sport Court Resurfacing 37,857 √- - - 40,000 - - Trail Repairs & Connections - - - - - - - Trott Brook Tennis Court Replacement - - 150,000 - - - - Volleyball Nets - 5,000 - - - - - Woodland Trails Design Services 60,653 √- - - - - - Woodland Trails Garage - - - - 100,000 - - Woodland Trails Grant/Match - 387,000 - - - - - Woodland Trails Survey 28,976 √- - - - - - Woodland Trails Well/Concrete/ Shelter/Amenities - 90,000 - - - - - YAC Dugouts- 150,000 - - - - - Total Expenditures157,597 642,000 230,000 200,000 140,000 130,000 1,219,000 Revenues over/(under) Expenditures448,315 (413,128) (2,628) 15,832 61,500 72,500 (1,015,000) Cash Balance - Ending $474,896 $61,768 $59,140 $74,972 $136,472 $208,972 ($806,028)08/28/2019