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-010
Project #
Useful Life 30
Project Name Traffic Signal - CSAH 83 & Valley View Road
Category Street Construction
Priority 1 Critical for Safety/Preservati
Accounting Code
Status Pending
Fund Capital Improvement Fund
Description Traffic signal and intersection improvements are expected to be warranted in the future with the increased traffic and east leg of the intersection now open and development to the east on SMSC property. The city's share is expected to be 25%, with the SMSC at 25% for their leg and 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. 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: $90,000
Future
Expenditures Improvements
2020
2021
2022
2023
2024
Total
90,000
0 0
0 0
Total
Total
Future
Funding Sources
Total
2020
2021
2022
2023
2024
90,000
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.
90
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