2021-25 Capital Improvement Plan

2021 2025 thru

Capital Improvement Plan City of Shakopee, Minnesota

Project #

PR-19-002

Project Name Riverfront Marina

Department Park Development Fund

Type Improvement

Useful Life 30

Contact Director of Planning & Develop

Category Park Improvements

Priority 1 Critical for Safety/Preservation

Accounting Code 5876/6876

Fund Park Development Fund

Status Active

Description The Parks System Master Plan provides guidance for this development. This will provide public access to the MN River. In cooperation with Three Rivers Park System, there may be an opportunity for boat rentals that would exit the river on the Three River's Landing property. This park development will also allow for the preservation and reuse of the Schroeder House, the owner of the Shakopee Brick Company. The house will be used for a public purpose as part of the larger Huber Park Master Plan. The city already owns the property to the west as part of Huber Park. Funding for the restoration of the house may come from the State Historic Preservation Grant program. Total Project Cost: $1,685,000

Justification

Prior

Expenditures

Total

2021

2022

2023

2024

2025

940,000

Improvements

145,000

600,000

745,000

145,000

600,000

745,000

Total

Total

Prior

Funding Sources

Total

2021

2022

2023

2024

2025

940,000

Grants

100,000

100,000

Park Development Fund

45,000

600,000

645,000

Total

145,000

600,000

745,000

Total

Budget Impact/Other

13

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