Parking                                     2018-2022                            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                               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 State DMC Funds =  sm 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                                              
 2002-2017
Sort Map # Project Description Proj # Total Budget CIP Bdgt Amts 2018 2019 2020 2021 2022 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Totals
0                                 -  
1 1 Second Street Ramp. Condition survey report was completed in 2017. Annual inspections are to be done pending proposed demolition. Only repairs related to safety or structural are being completed.  (Approximately $350,000 in repairs have been deferred to date.)  2019 Demolition ($1M), plus new 300 car ramp construction ($6M).  Existing ramp is 435 spaces.  The project is subject to a defined development project that includes this site.  The number of public spaces is yet to be defined.  In 2022, expense is shown for restoration of a new structure.  This may not apply if the new ramp is privately built. 2594             9,390,000          2,015,000 re                75,000  re           7,000,000  rb              300,000 re re   725,000.00   160,000.00   180,000.00   300,000.00  300,000.00          300,000            50,000      2,015,000.00
1                                 -  
2 2 First Street Ramp Restoration.  2018: Upgrade of camera system to IP and LED lighting (Carry over).  2019: Restoration (per 4 year cycle) includes waterproofing, structural, and miscellaneous improvements. (Next restoration 2023).  2580             5,170,000          4,570,000 re             300,000  re              300,000  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          450,000          280,000      4,570,000.00
2      
3 3 Signing / Way finding.  2018: new signs for 8 lots, 2019: electronic message signs for wayfinding and parking availability.  2575             1,840,000          1,440,000 re             100,000  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            80,000          100,000      1,440,000.00
3                                 -  
4 4 Charging Stations installed in public parking areas-Level 1 type-to be coordinated with RPU.  Need and use to be monitored.  Cost installed is $12,000 each.  Note-not all models may adopt the universal hook up.                  144,000                    48,000  re                 48,000  re                 48,000  re 
4      
5 5 Third Street Ramp.  The new gated control with credit cards, card access, and lobby pay station will be awarded in 2017 with 2018 completion (obligation not shown).  2018: Restoration with LED lighting conversion.  2022: Restoration project per 4 year cycle. 2583             9,830,000          3,030,000 re             500,000  re              300,000 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  300,000.00        500,000        300,000          300,000          200,000      3,030,000.00
5            6,000,000 s s   6,000,000.00      6,000,000.00
5                                 -  
6 6 Civic Center Ramp Restoration- 2018: restoration, structural, coatings and mechanical/electrical repairs as needed and IP cameras.  2022: restoration project per 4 year cycle. 2578             2,720,000          2,020,000 re             400,000  re              300,000 re re   350,000.00   160,000.00   330,000.00        300,000        300,000          180,000          400,000      2,020,000.00
6                                 -  
7 7 Park and Rides - 2018: design and construct flat lot(s).  2020: construct visitor center/commuter ramp-800 spaces.  (Continue to monitor need).  2573          21,536,000             536,000 re             200,000  re           4,000,000  re  re   120,000.00        16,000.00        200,000        200,000         536,000.00
7                   800,000  f         16,000,000  f  f   480,000.00        64,000.00      (544,000)                           -  
7                                 -  
8 8 New meter technologies. Continued enhancements, meter/pay station updates, expansion of license plate recognition (LPR) etc.  Approximately 1,200 on-street metered spaces and 600 lot spaces.   2595             1,776,000                62,000 t             150,000  re  t     62,000.00            62,000.00
8                  52,000 s s     52,000.00            52,000.00
8                  62,000 c c     62,000.00            62,000.00
8            1,450,000 re re        100,000        100,000  150,000.00        200,000          800,000          100,000      1,450,000.00
8                                 -  
9 9 Construct new ramp 2018 (up to 1,200 spaces) to serve DMC/Civic Center Expansion. (Subject to a parking demand study).          30,000,000            30,000,000  rb                            -  
9                                 -  
10 10 Revenue Control Equipment Updates.  2019- Parking access revenue control (PARC) equipment update at two ramps:  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 and Ramp #6 will have new equipment being let in 2017. 2574             1,065,000             265,000 re             800,000  re  re 160,000 105,000         265,000.00
10                                 -  
11 11 Center Street Ramp Condition Study was completed in 2017. Only repairs related to safety or structural are being completed pending proposed demolition for development. 2021 Restoration including coatings and structural repairs is budgeted but subject to proposed development. 2592             2,745,000          2,345,000 re             400,000  re  re   490,000.00   355,000.00      200,000.00   300,000.00        150,000        250,000      300,000          300,000      2,345,000.00
11                                 -  
12 12 Government Center lot - (mill and overlay to be completed in 2017).  Redesign with landscaping in 2022. (Olmsted County to pay 46% of cost.)  2585             1,950,000             775,200 re          1,000,000 re re        102,600          102,600          570,000         775,200.00
12               174,800 c c          87,400            87,400         174,800.00
12                                 -  
13 13 Construct new ramp 2017-18 (up to 640 spaces) on 1st Ave lot (10 block of 1st Ave SE). Note: Project awarded in 2017. This project is being coordinated with the Hilton project.  Ramp restoration in 2022 based on ramp opening in 2018.  (Note: $10.5M of this project is listed as project 8617 on the DMC pages of the CIP.) 2582          14,300,000        14,000,000 re             300,000  re  re  1,000,000  13,500,000  10,000,000   (10,500,000)    14,000,000.00
13      
                                -  
                                -  
Total Cost          102,466,000        38,797,000          32,573,000            8,400,000          20,048,000               400,000            2,248,000  
Sources of Funds
Olmsted County c                236,800             236,800 c                         -   c                         -   c                         -   c                         -   c                         -   c
Federal f          16,800,000                         -   f             800,000 f                         -   f        16,000,000 f                         -   f                         -   f
General Obligation Revenue Bonds rb          37,000,000                         -   rb        30,000,000 rb          7,000,000 rb                         -   rb                         -   rb                         -   rb
Retained Earnings re          42,315,200        32,446,200 re          1,773,000 re          1,400,000 re          4,048,000 re             400,000 re          2,248,000 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          102,466,000        38,797,000          32,573,000            8,400,000          20,048,000               400,000            2,248,000      38,797,000.00
Total of NEW FUNDING requests       32,573,000         8,400,000       20,048,000             400,000         2,248,000
Total adjustments to prior years' funding authorizations                        -                          -                          -                          -                          -  
Total Cost        32,573,000          8,400,000        20,048,000             400,000          2,248,000
                   -  
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