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CAPITAL PLAN
<br />
<br />City of Elk River, Minnesota
<br />
<br />2003
<br />
<br />Project ~ PM-01
<br />Project Name Pavement Management Program
<br />
<br /> Enterprise Ftmd no
<br />Other Funding Cammitment no
<br />
<br />Descfipdon J
<br />
<br />2007
<br />
<br /> Contact
<br /> Department
<br />
<br /> Type
<br /> Uaefut L/fe
<br /> Category
<br /> Prior/~
<br />
<br />Tot. al Project Co~t
<br />
<br />[nti'astrucrure [mprovemenm
<br />
<br />Improvement
<br />
<br />25 years
<br />
<br />Street & Utility Construction
<br />
<br />2 High Phonty
<br />
<br />$7,500,000
<br />
<br />Replace aged and deteriorated streets, water mares, sewer mains, storm drainage, and pedestrian pathways.
<br />
<br />Justification
<br />
<br />Expenditures 2003 2004 2005 2006 2007 Total Future
<br />
<br />Construction/Maintenance
<br />
<br />1,0d0,0C0 L250,000 1,500,000 3,750,000 [ 3,750,000!
<br />
<br />Total 1,ooo,ooo
<br />
<br />1,250,000 1,500,000 3,750,000 Total
<br />
<br />Funding Sources
<br />Municipal State Aicl
<br />
<br />2003 2004 2005 2006 2007 Total Furore
<br />333,333 ~.16,667 500,000 1,250,000 [
<br /> 3,750,000 j
<br />
<br />,Special Assessments
<br />Street Reserve
<br />
<br />333,333 416,667 500,000 1,250,000 Total
<br />333,334 t16,666 500,000 1,250,000
<br />
<br />Total 1,000,000
<br />
<br />1,250,000 1,500,a00 3,750,000
<br />
<br />55
<br />
<br />
<br />
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