2025-2029 Capital Improvement Plan

Old Carriage Ct & Old Carriage Rd Roundabout 2025 thru 2029 Capital Improvement Plan Shakopee, MN Project # CIF-26-004 Project Name Total Project Cost $2,680,000 Type Improvement Priority 1 - Have to do

Old Carriage Ct & Old Carriage Rd Roundabout

Department

Capital Improvements Fund

Category

Street Construction

Status

Active

Useful Life

30 years

Fund

Capital Improvement Fund

Project Code

CI2610

Description Intersection improvements to improve safety and operations at the intersection of Old Carriage Road and Old Carriage Court.

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

2025

2026

2027

2028

2029

Total

2,200,000

Construction/Maintenance Engineering/Administration

0

2,200,000

0 0 0

0 0 0

0 0 0

480,000

250,000 250,000

230,000

Total

2,430,000

2,680,000

Funding Sources

2025

2026

2027

2028

2029

Total

2,430,000

Capital Improvement Fund

250,000

2,180,000

0 0 0

0 0 0

0 0 0

250,000

Storm Drainage Fund

0

250,000

Total

250,000

2,430,000

2,680,000

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