Parking                                     2016-2020                            Capital Improvements Program       Schedule for Five Year Period
            Special assessment Bonds = a                         Abatement District = ad                                        Olmsted County = c Electric Utility =  eu Federal Funds =  f Flood Control Reserves =  fr                                          
                     Food & Beverage Tax = fb                            Local Gov't Aid = ga                         General Obligation Bonds = go Lodging Tax =  lt MN State Aid - Streets =  ms Operating Trfs - fr Storm Water =  os                                          
      Operating Trfs-fr General Fund = ot      Operating Trfs-fr Sewer Utility = ow       Operating Trfs-fr Gen Fnd Sales Tax = ox Private Funds =  p Project Reserves =  r GO Revenue Bonds =  rb                                          
                          Retained Earnings = re                                 State Funds = s                           Sn/Sewer Availability Chg = sa Sales Tax DMC =  sd Sales Tax 2013 =  st Storm Water Mgmt Chg =  sw                                          
                                          Tax Levy = t        Traffic Improvement Dist Chg = td                                           Tax Increments = ti Operating Trfs - fr Other Funds = to Water Availability Chg =  wa Water Utility =  wu                                          
 2002-2015
Sort Map # Project Description Proj # Total Budget CIP Bdgt Amts 2016 2017 2018 2019 2020 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Totals
0                                -  
1 1 Signing.  2016 New signs for 8 lots,  2017 Electronic message signs for wayfinding and parking availability. 2575            1,640,000          1,260,000 re               80,000  re              300,000  re  re      150,000.00  150,000.00  200,000.00        400,000          30,000  30,000.00    100,000    100,000    100,000      1,260,000.00
1                                -  
2 2 Third Street Ramp.  Restoration in 2014 including waterproofing, structural, electrical, mechanical repairs as needed and change out lighting to LED ($200k). 2016: New gated control w/ cc and card access and lobby pay station.  2018: Restoration with LED lighting conversion. 2583            9,330,000          2,530,000 re             300,000  re              500,000  re  re  150,000.00      120,000.00     65,000.00     75,000.00  150,000.00      120,000.00  150,000.00        300,000        300,000 #########    500,000    300,000      2,530,000.00
2            6,000,000 s s  6,000,000.00      6,000,000.00
2                                -  
3 3 Second Street Ramp. 2016 - Condition survey and restoration. The evaluation and recommended repairs will have to be evaluated with consideration of the proposed demolition and redevelopment.  2019 Demolition ($1M), new 300 car ramp construction ($6M), (existing ramp is 435 spaces). The project is subject to a defined development project adjacent to the site.  2594            8,965,000          1,665,000 re             300,000  re           7,000,000  rb  re  725,000.00  160,000.00  180,000.00  300,000.00 #########      1,665,000.00
3                                -  
4 4 First Street Ramp Restoration.  2015: Waterproofing, structural, and electrical repairs. 2016: Façade repairs and LED lighting, IP Cameras.  2019: Waterproofing, structural, and miscellaneous improvements. 2580            4,690,000          3,840,000 re             450,000  re              400,000  re  re  200,000.00  2,240,000.00  160,000.00  160,000.00  180,000.00      200,000.00  300,000.00    400,000      3,840,000.00
4                                -  
5 5 Revenue Control Equipment Updates: 2016- Credit card readers (18 gates, 7 cashiers, 8 pay by space) , 2018- Parking access revenue control (PARC ) equipment update at three ramps; Center, First and Civic( The last software/ partial hardware  update was in 2014. The original equipment was installed in 2004.) Continue to monitor technology and operation. The Third Street Ramp is not included.  2574            1,265,000             160,000 re 105,000 re 1,000,000 re re 160,000         160,000.00
5                                -  
6 6 New meter technologies in core area, including Pay by space, pay by phone, credit card meters  etc-approximately 1200 on-street metered spaces and 600 lot spaces.   1932            1,526,000               62,000 t             800,000  re  t     62,000.00           62,000.00
6                 52,000 s s     52,000.00           52,000.00
6                 62,000 c c     62,000.00           62,000.00
6               550,000 re re        100,000        100,000 #########    200,000         550,000.00
6                                -  
7 7 Government Center lot - 2016 mill and overlay, landscape, pay by space machines,  Note: This project was delayed except for LED lighting conversion due to the Government Center construction. Olmsted to pay 46% of cost.  Total project estimated at $190,000 2585                380,000             102,600 re             102,600  re  re    102,600         102,600.00
7                 87,400 c               87,400  c  c      87,400           87,400.00
7                                -  
8 8 Civic Center Ramp Restoration- 2016 IP Cameras and column caps,  in 2018; structural, coatings, mechanical/ electrical repairs as needed. 2578            2,020,000          1,440,000 re             180,000  re              400,000  re  re  350,000.00  160,000.00  330,000.00        300,000    300,000      1,440,000.00
8                                -  
9 9 Center Street Ramp Restoration in 2017; structural, coatings, mechanical/ electrical repairs as needed.   2592            2,345,000          2,045,000 re             300,000  re  re  490,000.00  355,000.00      200,000.00  300,000.00        150,000        250,000    300,000      2,045,000.00
9                                -  
10 10 Park-and Rides - 2018 Design and construct flat lot(s).  2020 Construct ramp -800 spaces.(Continue to monitor need.)  2573          17,536,000             536,000 re             200,000  re           3,200,000  re  re  120,000.00        16,000.00    200,000    200,000         536,000.00
10                           -   f             800,000  f        12,800,000  f  f  480,000.00        64,000.00  (544,000)                          -  
10                                -  
11 11 Construct new ramp 2018 (up to 600 spaces) to serve DMC/ Civic Center Expansion. (Subject to a parking demand study.)          12,000,000           12,000,000  rb                           -  
11                                -  
12 12 Construct new ramp 2016 -17(up to 600 spaces) on 1st Ave lot (10 block of 1st Ave SE). Note: design started in 2016. This project is being coordinated with Broadway at Center project. 2021- Ramp restoration based on ramp, opening in 2017.    2582          24,800,000       24,500,000 re             300,000  re  re ######## ######## ########   24,500,000.00
12                                -  
                               -  
                                                                           
Total Cost            86,497,000       44,892,000            2,405,000               600,000         14,900,000            7,400,000         16,300,000  
Sources of Funds
Olmsted County c                236,800             149,400 c               87,400 c                         -   c                         -   c                         -   c                         -   c
Federal f          13,600,000                         -   f                         -   f                         -   f             800,000 f                         -   f       12,800,000 f
General Obligation Revenue Bonds rb          19,000,000                         -   rb                         -   rb                         -   rb       12,000,000 rb          7,000,000 rb                         -   rb
Retained Earnings re          47,546,200       38,628,600 re          2,317,600 re             600,000 re          2,100,000 re             400,000 re          3,500,000 re
State  s            6,052,000          6,052,000 s                         -   s                         -   s                         -   s                         -   s                         -   s
Tax Levy t                  62,000               62,000 t                         -   t                         -   t                         -   t                         -   t                         -   t
Total Sources of Funds            86,497,000       44,892,000            2,405,000               600,000         14,900,000            7,400,000         16,300,000     44,892,000.00
Total of NEW FUNDING requests         2,405,000            600,000       14,900,000         7,400,000       16,300,000
Total adjustments to prior years' funding authorizations                        -                          -                          -                          -                          -  
Total Cost          2,405,000             600,000       14,900,000          7,400,000       16,300,000
                   -  
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