2024-28 Capital Improvement Plan

thru 2024 2028

Capital Improvement Plan City of Shakopee, Minnesota

Capital Improvements Fund

Department

City Engineer

Contact

Improvement

Type

Project #

CIF-23-004

30

Useful Life

Project Name Marystown Rd/TH 169 Interchange & Trail Imp

Street Construction

Category

1 Critical for Safety/Preservati

Priority

Accounting Code 5894/6894

Project Code CI2304

Active

Status

Fund Capital Improvement Fund

Description Interchange, intersection and access control improvements to improve safety and construct trail connections along Marystown Road/Adams Street from TH 169 NB ramps to Vierling Drive. Total Project Cost: $6,923,000

A corridor study was performed in 2020 that is attributed to the "Prior" expenditures for the project.

Justification Improvements to the interchange are for vehicle safety and to provide safe pedestrian crossings of the Marystown Road bridge over TH 169. Intersection and access control improvements are needed to address increased traffic issues and existing access control issues at Hy-Vee. The city has been awarded money from the Regional Solicitation program for construction in 2025.

Prior

Expenditures

Total

2024

2025

2026

2027

2028

370,000

Construction/Maintenance

5,752,500

5,752,500

Engineering/Administration

250,000

550,500

800,500

Total

250,000

6,303,000

6,553,000

Total

Prior

Funding Sources

Total

2024

2025

2026

2027

2028

370,000

Capital Improvement Fund

250,000

1,830,000

2,080,000

Cost Sharing, MnDOT/Federal

3,723,000

3,723,000

Total

Storm Drainage Fund

750,000

750,000

250,000

6,303,000

6,553,000

Total

Budget Impact/Other The project was awarded $3,723,000 from the Metropolitan Council 2022 Regional Solicitation Project Selection which is programmed for 2025. Staff will continue to explore additional funding opportunities.

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