After Council Report: April 21
Council awards contracts for infrastructure, modifies TIF districts and private redevelopment contract
The Shakopee City Council met Tuesday, April 21. Among the meeting highlights:
Council awards contracts for infrastructure projects
The City Council awarded contracts to:
- Ryan Contracting Co. in the amount of $788,870.76 for the Reroute Stormwater to Protect Historic Sites Project. Work is slated to begin in April and continue through September. More information: Kirby Templin, Water Resource-Environmental Engineer, 952-233-9372.
- Geislinger & Sons, Inc. in the amount of $6,212,461.82 for the Unbridled Avenue Project. Work is scheduled to begin in May with substantial completion of the project by November 2020. The final bituminous wear course will be placed in summer 2021.
The council also approved a professional services agreement with SRF Consulting Group, Inc. in the amount of $668,167 for construction management services for the Unbridled Avenue Project. More information: Ryan Halverson, Assistant City Engineer, 952-233-9363.
Council modifies Tax Increment Financing Districts No. 14 and No. 18
Acting as the Economic Development Authority, the City Council approved removing a parcel from Tax Increment Financing District No. 14 (known as the SanMar TIF District) and moving it to the Canterbury Tax Increment District No. 18. The parcel is necessary to provide public access for the construction of Unbridled Avenue. The city acquired the parcel through eminent domain in March 2020.
The council also approved modifying Tax Increment District No. 18 to include two parcels owned by Scott County, a crane yard and the former Outboard Motor site. More information: Michael Kerski, Director of Planning and Development, 952-233-9346.
Council modifies private redevelopment contract for Unbridled Avenue
Acting as the Economic Development Authority, the City Council modified its contract for private redevelopment with Canterbury Development LLC and Canterbury Park Holding Corp. to include the city’s construction of Unbridled Avenue. The original agreement called for the developer to build and pay for Unbridled Avenue. However, city staff determined it would be better for the city to construct the road due to critical access to County Highway 83. The city will use tax increment financing bonds to pay for construction of the road. More information: Michael Kerski, Director of Planning and Development, 952-233-9346.
Council hears update on COVID-19 financial impact
The City Council reviewed how the city’s COVID-19 response is impacting the organization’s financial position as part of the March monthly financial review. First-quarter revenues from recreational programs, including the Shakopee Community Center and Ice Arena, were down approximately $149,000 from 2019; both facilities closed March 17. While numbers are still preliminary, the city does expect a financial impact due to lost revenues in 2020. The city remains in a very strong financial position with a fund balance position to handle a short-term decline in revenues. More information: Nate Reinhardt, Finance Director, 952-233-9326.
These summaries are a sampling of the meeting. See the entire agenda packet with supporting documents at www.ShakopeeMN.gov/agendasandminutes. The meeting is also available for viewing on demand at www.ShakopeeMN.gov/livestream.