2024-28 Capital Improvement Plan

2024 2028 thru

Capital Improvement Plan City of Shakopee, Minnesota

Project #

Storm-24-731

Project Name Public Works Surface Water: Skidsteer Loader

Contact Public Works Director Department Storm Drainage Fund

Type Equipment

Useful Life 1

Category Vehicles

Priority 2 Important-Provide Efficiencies/

Accounting Code 7300.1740

Project Code

Fund Surface Water Fund

Status Active

Description 2024: Replace SK1414 CAT 289DW Skidsteer Track Loader from 2023 2025: Replace CAT 289DW Skidsteer Track Loader from 2024 2026: Replace CAT 289DW Skidsteer Track Loader from 2025 2027: Replace CAT 289DW Skidsteer Track Loader from 2026 2028: Replace CAT 289DW Skidsteer Track Loader from 2027 Total Project Cost: $39,500

Justification Re-purchase agreement: 1-year. Annual repurchase agreements typically cost less and save on maintenance expense and time with their continuous warranty.

Expenditures

Total

2024

2025

2026

2027

2028

Equip/Vehicles/Furnishings

7,500

7,700

7,900

8,100

8,300

39,500

7,500

7,700

7,900

8,100

8,300

39,500

Total

Funding Sources

Total

2024

2025

2026

2027

2028

Storm Drainage Fund

7,500

7,700

7,900

8,100

8,300

39,500

7,500

7,700

7,900

8,100

8,300

39,500

Total

Budget Impact/Other

229