2021-25 Capital Improvement Plan
2021 2025 thru
Capital Improvement Plan City of Shakopee, Minnesota
Department Park Development Fund
Contact Director of Planning & Develo
Type Improvement
PR-21-002
Project #
Useful Life
Project Name Riverside Grove
Category Recreation
Accounting Code
Priority 2 Important-Provide Efficienci
Fund
Status Active
Total Project Cost: $225,000
Description Acquisition of existing private neighborhood park for the appraised value. Park will provide play equipment access to the existing development, Stagecoach neighborhood and development of Core Crossing apartments.
Justification Project to be funded out of park dedication fees from Core Crossing. Will provide a park with a playground in a relatively safe location since the park is in a small depression to keep children from running to the road. Will serve residents in a quarter mile plus area including Trio, Stagecoach, existing townhomes and Core Crossing.
Expenditures
Total
2021
2022
2023
2024
2025
Improvements
225,000
225,000
225,000
225,000
Total
Funding Sources
Total
2021
2022
2023
2024
2025
Park Development Fund
225,000
225,000
225,000
225,000
Total
Budget Impact/Other Project to be funded out of park dedication fees from Core Crossing.
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