2024-28 Capital Improvement Plan

thru 2024 2028

Capital Improvement Plan City of Shakopee, Minnesota

Park Development Fund

Department

Director of Planning & Develo

Contact

Neighborhood Park

Type

Project #

PR-22-010

30

Useful Life

Project Name Windermere Bluff Regional Corridor

Planning & Development

Category

3 Less Important/Future Consi

Priority

Accounting Code 5928/6928

Project Code PR2210

Active

Status

Fund Park Development Fund

Description Acquisition of Windermere Bluff for future Park Development along with eventual trail improvements. The first piece will be the NorCor Farm section. The landowners have agreed to donate half of the value. There are additional portions of land that will be acquired as part of future developments all the way to CH 69. Total Project Cost: $3,710,000

Justification Critical piece of bluff identified in the AUAR and Parks Master Plan for preservation and natural uses.

Prior

Expenditures

Total

2024

2025

2026

2027

2028

1,460,000

Planning/Design

50,000

50,000

Land Acquisition & ROW

1,200,000

1,200,000

Total

Improvements

1,000,000

1,000,000

1,250,000

1,000,000

2,250,000

Total

Prior

Funding Sources

Total

2024

2025

2026

2027

2028

1,460,000

Park Development Fund

1,250,000

1,000,000

2,250,000

1,250,000

1,000,000

2,250,000

Total

Total

Budget Impact/Other

25