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#035 05-26-81 Adopt 1981-1985 Capital Improvement Program52 Resolution #35 May 26, 1981 Member Anderson introduced and read the following written resolution and moved its adoption: RESOLUTION Adopting 1981-1985 Capital Improvements Program WHEREAS, the Golden Valley City Council approved resolution #186 establishing a Capital Improvements Program on March 11, 1980 and, WHEREAS, the Capital Imrpovements Program covered the years 1980- 1985, and WHEREAS, the City Council has requested suggestions for projects and financing from the staff, AND WHEREAS, each project will require separate City Council action to authorize the expenditure of funds prior to implementation, THEREFORE, BE IT RESOLVED that the Golden Valley City Council action to authorize the expenditure of funds prior to implementation, NO THEREFORE, BE IT RESOLVED that the staff is directed to incorporate the approved Capital Improvements Program in the Comprehensive Plan being developed for submission to the Metropolitan Council to comply with the mandatory Land Planning Act. ROSE ARY THMENN MAYOR ATTEST: DEPUTY CITY CLERK Ths motion for the adoption of the foregoing resolution was seconded by Member Johnson and upon vote being taken thereon, the following members voted in favor thereof: Anderson, Johnson, Mitchell, Stockman and Thorsen, and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted, signed by the Mayor and her signature attested by the Clerk. 5/2b/81 PARK CAPITAL IMPROVEMENTS FUND *Interest earnings do not reflect adjusted balance. `Need to be reviewed prior to implementation 1980 1981 1982 1983 1.84 1985 TRANSFERS General Fund 10,000 160,550 75,000 30_,000 - 25,000 25,000 Capital Exp. Reserve 35,000 Equipment Replacement Fund 20,000 *INTEREST EARNINGS 2,406 1,300 --- 400 CONTRIBUTIONS 3,000 1,500 BALANCE FORWARD 9,578 46,759 --- 22,830 486 13,386 TOTAL AVAILABLE 56,984 248,609 73,000 54,330 25,480 3$,386 PROJECTS Playground Equipment 1,873 5,000 5,000 Parking 3,065 Trails S Greenbelt 4,116 10,000 Trees 1,171 Athletic Fields, 146,000 10,000 Seeman Field Preparation 6,500 Seeman Parking Lot 7,500 Natural Areas 28,609 11,670 42,844 Park Lights 11,000 12,100 13,300 Brookview Grills 1,500 Rotary Club Building 11,000 **Mary Hills Park 46,000 TOTAL 10,225 228,609 55,170 53,844 12,100 18,300 BALANCE FORWARD 46,759 --- 22,830 486 13,386 20,086 *Interest earnings do not reflect adjusted balance. `Need to be reviewed prior to implementation EQUIPMENT REPLACEMENT FUND two 1981 1982 TRANSFERS General Fund 15,000 25,000 Capital Exp. Reserve 35,000 Cert. Indebt. Sinking Fund HRA REPAYMENT INTEREST EARNINGS 7,368 2,500 BOND SALE 25,000 5/26/81 1983 1984 1985 58,299 75,000 50,000 50,000 75,000 GAS TAX ALLOTMENT 2,500 3,000 1,500 4,000 Cert. of Indebtedness 58,299 75,000 GAS TAX ALLOTMENT BALANCE FORWARD 59,060 87,208 91,208 84,708 42,208 76,708 TOTAL AVAILABLE 116,428 173,007 193,708 137,708 93,708 155,708 PROJECTS Radio System 29,220 3,500 Park Mowers 20,000 20,000 130,000 Loader 60,000 Trucks Admin. Cars 14,000 15,500 17,000 911/Dispatch Equipment 75,000 Civil Defense Sirens 58,299 TRANSFERS TO PARK CAPITAL IMPROVEMENT PLAN 20,000 TOTAL 29,220 81,799 109,000 95,500 17,000 130,000 BALANCE FORWARD 87,208 91,208 84,708 42,208 76,708 25,708 1 HRA REPAYMENTS INTEREST EARNINGS GAS TAX ALLOTMENT BALANCE FORWARD TOTAL AVAILABLE PROJECTS State Aid Maint. Wisconsin GV/Maren 12/Turners Florida Ave. Boone Ave. Extension Signal 10th/Winnetka Signal Douglas/GV Rd. Signal 55/Meadow Lane Signal Old Wayzata RR Laurel Avenue Rhode Island 55/mane RR Crossing TOTAL Ji cVj � i STATE AID STREETS FUNDS 19880 1981 1982 1983 984 1985 200,000 74o,000 20,212 30,000 30,000 46,000 55,000 53,000 311,129 371,382 390,000 400,000 400,000 400,000 693,561 1,127,949 924,331 1,539,331 1,825,331 1,788,331 1,224,902 1,529,331 2,084,331 1,985,331 2,280,331 2,241,331 52,968 40,000 40,000 40,000 40,000 4o,000 20,867 80,000 180,000 100,000 85,000 192,000 109,000 100,000 5,000 285,000 220,000 120,000 160,000 23,118 15,000 100,000 96,953 605,000 545,000 16o,000 492,000 149,000 BALANCE FORWARD 1,127,949 924,331 1,539,331 1,825,331 1,788,331 2,092,331 PUBLIC LAND FUND 1980 1981 1982 TRANSFERS Capital Expenditures Res. $ 35,000 Public Works Reserve 5/26/81 1983 1984 1985 Revenue Sharing 47,579 Disposal Site 200,000 INTEREST EARNINGS 6,954 1,000 300 400 500 6,)0 CONTRIBUTIONS 1,220 2,000 2,000 2,000 2,000 2,000 BALANCE FORWARD 208,920 95,464 11,464 13,764 16,164 21,264 TOTAL AVAILABLE 299,673 98,464 13,764 16,164 18,664 21,264 PROJECTS Disposal Site 200,000 Vallee d'Or 75,000 Laurel Pond Landscape 4,209 f Laurel Greenbelt 12,000 TOTAL 204,209 87,000 --- --- --- --- BALANCE FORWARD 95,464 11,464 13,764 16,164 13,664 21,264 NOW PUBLIC WORKS RESERVE FUND ,1980 IJBI 1982 tom. TRANSFERS general Fund. 100,000 1957 Sinking Fund HRA REPAYMENTS INTEREST EARNINGS 40,672 CONTRIBUTIONS/ASSESSMENTS BOND SALE Special Assessments - Street - Sewer GAS TAX ALLOTMENT MISCELLANEOUS BALANCE FORWARD 840,000 30,000 6,589 922,566 21,343 1984 1985 150,000 150,000 150,000 150,000 117,000 30,000 32,000 32,000 125,000 125,000 125,000 375,000 375,000 375,000 350,000 576,343 983.343 1.113,343 1,o9 5,343 TOTAL AVAILABLE 1,069,827 891,343 1,093,343 1,663,343 1,795,343 1,777,343 5/E6/81 PROJECTS Disposal Site 220,239 30,000 City Share: Storm Sewer 417,788 50,000 Streets 12,177 50,000 50,000 50,000 50,000 50,000 1-394 Study 48,280 Ponding SW Pkwy. 60,000 Sweeney Lake 25,000 Decola Pond 90,000 Transfer -Bassett Creek 350,000 Cone. Street Repair 60,000 50,000 Street Replacement 500,000 $00,000 500,000 Sidewalk 100,000 100,000 Landscape Laurel Ponds 10,000 TOTAL 1,048,484 315,000 110,000 550,000 700,000 650,000 BALANCE FORWARD 21,343 576,343 983,363 1,113,343 1,095,343 1,127.343 5/26/81 BUILDING FUND 1980 1981_ 19823 19945 TRANSFERS _ General Fund 10,000 115,000 100,000 125,000 150,000 150,000 Cap{tal Exp. Reserve 120,000 Motor Vehicle Office 19,000 10,000 50,000 HRA REPAYMENT INTEREST EARNINGS 30,384 20,000 3,500 5,000 9,000 6,000 OTHER 22 BALANCE FORWARD 215,893 362,777 115,277 178,777 303,777 212.777 TOTAL AVAILABLE 395,299 507,777 218,777 308,777 '+62,777 418,777 PROJECTS Civic Center Remodeling 13,392 125,000 P.S. Bldg. Remodeling 13,800 200,000 Emer. Gen. Fire Station 15,000 Emer. Gen. P.S. - Civic Ctr. 50,000 Planner's Office 5,330 Fuel Tanks 2,500 20,000 Emer. Generator - Shop 20,000 Maintenance Shop Doors 5,000 Civic Center Garages/Storage 100,000 Energy Improvements 150,000 Sprinkler System 100,000 TOTAL 32,522 39Z500 40,000 5,000 250,000 100,000 BALANCE FORWARD 362,777 115,277 178,777 303,777 212,777 318,777 1 CONTRIBUTIONS BOND SALE General Obligation TOTAL AVAILABLE PROJECTS Community Center TOTAL BALANCE FORWARD COMMUNITY CENTER FUND 1980 1= X82 1983 1984 1965 1,500,000 1,500,000 3,000,000 3,000,000 3,000,000 5/26/81