2020-24 Capital Improvement Plan

Capital Improvement Plan City of Shakopee, Minnesota

thru 2020 2024

Department Capital Improvements Fund

Contact Public Works Director

Type Improvement

CIF-TBD-011

Project #

Useful Life 30

Project Name Intersection Control - Koeper/Fuller & CSAH 16

Category Street Construction

Priority 1 Critical for Safety/Preservati

Accounting Code

Status Pending

Fund Capital Improvement Fund

Description Intersection improvements are expected to be warranted in the future with the increased traffic in the area of CSAH 16 and Koeper Ave/Fuller Street. The city's share is expected to be 50% with the county's share at 50% for their two legs of the intersection. The total project cost is estimated at $360,000, understanding that this is a place holder for a traffic signal system with minor intersection improvements or roundabout. Justification The improvements are expected to be needed to maintain an adequate intersection level of service and to mitigate increased safety issues. Total Project Cost: $180,000

Future

Expenditures Improvements

2020

2021

2022

2023

2024

Total

180,000

0 0

0 0

Total

Total

Future

Funding Sources

Total

2020

2021

2022

2023

2024

180,000

0 0

0 0

Capital Improvement Fund

Total

Total

Budget Impact/Other It is expected that the funding out of the CIF would be a transfer from the city's MSA fund.

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