2022-2026 Capital Improvement Plan (Final)

thru 2022 2026

Capital Improvement Plan City of Shakopee, Minnesota

Department Park Development Fund

Contact Director of Planning & Develo

Type Unassigned

Project #

PR22-010

Useful Life 30

Project Name Windermere Bluff Regional Corridor

Category Planning & Development

Priority 3 Less Important/Future Consi

Accounting Code

Status Active

Fund

Description Acqusition 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: $1,510,000

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

Expenditures

Total

2022

2023

2024

2025

2026

Planning/Design

50,000

50,000

Land Acquisition & ROW

960,000

960,000

Improvements

500,000

500,000

1,010,000

500,000

1,510,000

Total

Funding Sources

Total

2022

2023

2024

2025

2026

Grants

480,000

480,000

Park Development Fund

530,000

500,000

1,030,000

1,010,000

500,000

1,510,000

Total

Budget Impact/Other

29