6 Review Proposed 1998 CIP Prog CITY OF
690 COULTER DRIV(~ 1;)P~O3 L/B1090X01:7F~x~6H1A~ ~'~7SSsE73N~ MINNESOTA 55317
MEMORANDUM
TO: Park and Recreation Commission
FROM: Todd Hoffman, Park and Recreation Director
DATE:
October 21, 1997
SUB J:
Review Proposed 1998 Park Acquisition and Development
Capital Improvement Program (CIP) Request
The 1998 capital budget was discussed at the commission's September meeting. That conversation
led to the attached CIP proposal being developed. In revie;ving this program it became apparent that
we were too aggressive with our numbers.
For the past 6-8 years, the Connnission has invested $300,000+ in capital projects annually. The
revenue driving this investment has been 100% park and trail tee dollars. Estimated 1998 park and
trail fee revenues total $400,000. In keeping with our tradition of saving for a rainy day',----~__..---- -- 1,amf ~..~,_-----~i
recomlnending we lower our 1998 capital investment recommendation from $470,000
To accomplish this the following projects would be postponed until another year.
Lake Ann Park/Concession/Restroom Building $75.000
Miscellaneous 30,000
Trails/Asphah 15,000
$120,000
The Commission recommended the creation of a Lake Ann Park expansion ($50,000) and
Arts/Theater reserve (50,000) at your September meeting. The Commission also discussed raising
the general reserve from $300,000 to $400,000. With our current $850,000+ cash on hand, this goal
cannot be attained. It is recommended that the general reserve remain at $300,000.
RECOMMENDATION
It is recommended that the Park and Recreation Commission recommend the City Council establish
a $320,000 1998 Park Acquisition and Development Capital Improvement Program with $512,000 in
reserves. This recommendation is detailed in the attached report.
g:",park' th" Proposed Park AcqCl P
Chanhassen Park and Recreation Commission
1998 Park & Trail Acquisition and Development
Park Name Improvement 1998
Bandimere Community Park Development 100,000
Bandimere Heights Park
Bluff Creek Park
Carver Beach Park
Carver Beach Park
Carver Beach Park
Carver Beach Playground
Chanhassen Estates Park Accessibility Improvements 12,000
Chanhassen Hills Park
Kerber Pond Park
Kerber Pond Park Signage 2,000
Chanhassen Recreation Center
Chanhassen Recreation Center
Chanhassen Recreation Center Irrigation 80,000
City Center Park Redevelopment 100,000
Curry Farms Park
Galpin Boulevard Parkland
Greenwood Shore Park
Herman Field Park
Herman Field Park
Lake Ann Park Contingency 5,000
Lake Ann Park Concession/Restroom Building
Lake Susan Park
Meadow Green Park East Trail Connector 30,000
Minnewashta Heights Park
North Lotus Lake Park
Pheasant Hill Park
Power Hill Park
Prairie Knoll Park
Rice Marsh Lake Park
Round House Park
Round House Park
South Lotus Lake Park
Sunset Ridge Park
Stone Creek Parkland
Other Improvements
Miscellaneous
Picnic Tables, Benches 3,000
Signage 2,000
Scout Projects 1,000
Contingency 10,000
Recycling Containers 5,000
Trails/Asphalt
Totals $320,000
Reserves
City Center Park 12,000
Bluff Creek Watershed 100,000
Lake Ann Park Expansion 50,000
Arts/Theater 50,000
General Reserve 300,000
Total Reserve $512,000
g: ,park'th 98tip.doc