2020-24 Capital Improvement Plan
Capital Improvement Plan City of Shakopee, Minnesota
thru 2020 2024
Department Park Development Fund
Contact Director of Planning & Develo
Type Neighborhood Park
PR-21-006
Project #
Useful Life 50
Project Name Quarry Lake Park Improvements
Category Park Improvements
Priority 1 Critical for Safety/Preservati
Accounting Code 6725
Status Active
Fund Park Development Fund
Description The Quarry Lake Plan has evolved to include a mountain bike trail system in cooperation with the Shakopee School System, water access features, roadway access improvements, ski club area improvements (dependent on the ski club) and outlet channel improvements. Justification The quarry site is natural resource site in the middle of the city's industrial park. The park is unique for the residents of Shakopee and connects to the MN Valley State Trail. The park development is working to gain support of Xcel Energy (use of 80 acres). Emerson Process Management has donated $100,000 towards general park development. It is also anticipated that the Water Ski Association will contribute funds or actual improvements for its area. Total Project Cost: $1,060,000
Expenditures Planning/Design Improvements
Total
2020
2021
2022
2023
2024
50,000 300,000 350,000
60,000 200,000 260,000
50,000 150,000 200,000
50,000 200,000 250,000
210,000 850,000
1,060,000
Total
Funding Sources
2020
2021
2022
2023
2024
Total
100,000 150,000 250,000
100,000 960,000
Grants
350,000 350,000
260,000 260,000
200,000 200,000
Park Development Fund
1,060,000
Total
Budget Impact/Other Operating costs would be dependent upon the scope of the development.
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