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8.1 SR 05-15-2023 Request for Action To Item Number Mayor and City Council 8.1 Agenda Section Meeting Date Prepared by General Business May 15, 2023 Michael Hecker, Parks and Recreation Manager Item Description Reviewed by Updated Park Improvement Fund and Park Joe Stremcha, Assistant City Administrator Dedication Fund projects Reviewed by Cal Portner, City Administrator Action Requested Approve, by motion, the updated Park Improvement Fund (PIF) and Park Dedication Fund projects Background/Discussion The Parks and Recreation Commission directed staff to include additional amenities at Lion John Weicht Park. The Commission recommends the City Council reallocate project funding from the Park Improvement Fund (PIF) and Park Dedication Fund (PDF) to pay for the improvements. The following are their recommendations for changing the various project funding sources:  Lions John Weicht Park Playground  PIF was reduced from $200,000 to $100,000 (cost to replace the current playground)  PDF was increased from $0 to $309,000 (new market value improvements)  WTRP Storage Garage  PIF was reduced from $150,000 to $17,600 (the current 2023 tax assessment amount)  PDF was increased from $0 to $132,400 (new market value improvements)  Misc. PIF items added to 2023  Security cameras and cabling at Orono Park ($6,500)  Relocate electric utilities and install Sonotube Concrete Forms for the YAC shade structure ($17,800)  Misc. PDF future projects  The Ninja Playground was removed from the proposed project list ($280,000)  County Crossings playground postposed from 2024 to 2025 ($125,000) Financial Impact Projects costs as indicated on the Fund project sheets. Mission/Policy/Goal Opportunity to live, work and play Attachments  Updated Park Improvement Fund and Park Dedication Fund spreadsheets The Elk River Vision A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community engagement that encourages and inspires prosperity. Updated: January 2023 City of Elk River Park Improvement Fund 202220232024202520262027 EstimateEstimateEstimateEstimateEstimateEstimate Cash Balance - Beginning$435,904$194,237$278,553$354,003$315,953$70,203 Revenues: Interest Income 5,000 3,500 4,000 - 5,500 - Youth Baseball Association - Dugouts 11,540 - - - - - Youth Football - Oak Knoll Lights 7,416 7,416 - - - - Lacrosse - Oak Knoll Lights 4,450 4,450 4,450 4,450 - - Grants - - - - - - Sponsorships 13,300 13,800 8,250 3,750 - - Transfer In-Liquor Fund 250,000 250,000 250,000 250,000 250,000 250,000 Donations 6,522 - - - - - Total Revenues 298,228 279,166 266,700 258,200 255,500 250,000 Expenditures: Replace five cameras Orono Park - 6,500 - - - Athletic fields demand analysis/master plan 30,000 45,000 - - - FMP partnership for WHHCA 6,250 6,250 6,250 6,250 6,250 GNT regional trail MP 9,500 Country Crossing basketball court 112,584 - - - - Country Crossing playground - - - 125,000 - Deerfield basketball court - - - 50,000 - Lions Park disc golf 28,000 - Lions Park playground** 100,000 - - - Ridgewood basketball court - - - 30,000 - Riverplace - playground/basketball court - - - - 185,000 Trott Brook tennis court 261,760 - - - - Trott Brook playground - - 125,000 - - Reconstruct Kliever Lake Fields basketball courts - - 50,000 - - Woodland Trails storage garage* - 17,600 - - - Woodland Trails nature play area - - - 75,000 - Pickleball shade shelters 59,883 Misc. projects 41,418 10,000 10,000 10,000 10,000 10,000 Lions Park Shelters replacements (3) 300,000 100,000 Fresno Park Playground 90,000 Mississippi Oaks Playground 75,000 Rivers Edge Commons Park fountain Total Expenditures 539,895 194,850 191,250 296,250 501,250 275,000 Revenues over/(under) Expenditures (241,667) 84,316 75,450 (38,050) (245,750) (25,000) Cash Balance - Ending$194,237$278,553$354,003$315,953$70,203$45,203 Parks Commission Recommended 5-10-23 *WTRP Storage Garage shared with Park Dedication - $17,600 is current garage 2023 tax assessment **Lions Playground shared with park dedication - $100,000 is cost to replace current playground container City of Elk River Park Dedication Fund 202220232024202520262027 EstimateEstimateEstimateEstimateEstimateEstimate Cash Balance - Beginning$935,635$1,549,845$1,058,925$886,205$1,080,485$1,278,265 Revenues: Park dedication 618,530 150,000 150,000 150,000 150,000 150,000 Sale of property - Pinewood CD 28,780 28,780 28,780 28,780 28,780 28,780 Interest 14,000 27,000 18,500 15,500 19,000 22,500 Total Revenues 661,310 205,780 197,280 194,280 197,780 201,280 Expenditures: - Miscellaneous - - - - - - Pinewood - irrigation/utility hookup - - - - - - Ninja/Fitcore system - - - - - - YAC shade structure - 142,000 - - - YAC shade structures - move electric & sono tubes 17,800 - Orono Pk - sec. cameras 34,500 - - - - - TH 10 Trail Lights 12,600 - - - - - YAC two stall garage park maintenance - 60,000 - - - Skate Park Lighting 26,400 - Rivers Edge Commons Dock Camera System - 9,100 - - - Woodland Trails storage garage* - 132,400 - - - - Lions Park playground** - 309,000 - - - - - Trail Development (CR 44 Trail - Local cost share) - - 370,000 - - Total Expenditures 47,100 696,700 370,000 - - - Revenues over/(under) Expenditures 614,210 (490,920) (172,720) 194,280 197,780 201,280 \\ Cash Balance - Ending$1,549,845$1,058,925$886,205$1,080,485$1,278,265$1,479,545 Parks Commission Recommended 5-10-23 * WTRP Storage Garage shared with Park Improvement Fund ** Lions Park playground shared with park improvement fund - $310,000 new playground City Council ProjectsPark Dedication Fund Improvement Fund and 8.1 Updated Park City Council market value improvements)(new PDF was increased from $0 to $309,000to replace current playground)PIF was reduced from $200,000 to $100,000 (cost PlaygroundLion John Weicht Park City Council market value improvements) PDF was increased from $0 to $132,400 (new 2023 tax assessment amount)PIF was reduced from $150,000 to $17,600 (current WTRP Storage Garage City Council YAC shade structures ($17,800) tubes on sonoRelocate electric utilities and install ($6,500)Security cameras and cabling at Orono Park Misc. PIF Items Added to 2023 City Council from 2024 to 2025 ($125,000) Country Crossings Park playground postponed ($280,000)removed from project list Ninja Playground Misc. PDF future projects City Council Fund and Park Dedication Fund projects. Approve, by motion, the updated Park Improvement Action Requested City Council PlaygroundJohn Weicht Park 8.2 Approval of the Lion City Council City Council City Council City Council City Council Weicht Park. replacement destination playground at Lion John Approve, by motion, the purchase and installation of a Action Requested