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Capitai Improvement flan 2011 chrii 2015 <br />City of Elie 'ver,lVlinnesata <br />Project # w_03 <br />Project Name AssessabDe Street Overlay Projects <br />Type Improvement Priority n/a <br />Useful l,ifc IS years Contacf Engineer <br />Category Sweet Maintenance Department Infrasp~ucture Improvements <br />_- ---_ _ <br />,Description <br />Street overlay projects or other street rehabilitation procedures that are assessable to benefitting properties. The 2011 <br />project includes the Industrial Blvd, Triangle Road project. <br />Justification <br />__ <br />An overlay of streets starting to show surface wear will extend their useful life and postpone the need for a much more <br />expensive reconstruction project. <br />>;xpenditures 2011 2012 2013 2014 2015 Total <br />ConstructionlMaintenance 400,000 600,000 650,000 1,650,000 <br />Total 400,000 600,000 650,000 1,650,000 <br />Funding Sources 2011 2012 2013 2014 2015 Total <br />Municipal State Aid 250,000 250,000 <br />Special Assessments 150,000 600,000 650,000 1,400,000 <br />Total 400,000 600,000 650,000 1,650,000 <br />Page I <br />