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-26-010

30

Useful Life

Project Name Old Carriage Ct & Old Carriage Rd Roundabout

Street Construction

Category

1 Critical for Safety/Preservati

Priority

Project Code CI2610

Accounting Code

Active

Status

Fund Capital Improvement Fund

Description Intersection improvements to improve safety and operations at the intersection of Old Carriage Road and Old Carriage Court. Total Project Cost: $2,400,000

Justification Improvements to the intersection are for vehicle safety. Currently the intersection is all-way stop controlled. A recent intersection evaluation revealed the intersection is operating with a crash rate above the statewide average and critical crash rates.

Expenditures

Total

2024

2025

2026

2027

2028

Construction/Maintenance

2,000,000

2,000,000

Engineering/Administration

220,000

180,000

400,000

220,000

2,180,000

2,400,000

Total

Funding Sources

Total

2024

2025

2026

2027

2028

Capital Improvement Fund

220,000

2,180,000

2,400,000

220,000

2,180,000

2,400,000

Total

Budget Impact/Other

68