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Capital Improvement Plan <br />City of Elk River, Minnesota <br />2012 thru 2016 <br />Project # II_27 <br />Project Name 171st Area Improvements <br />Type Infrastructure Department Infrastructure Improvements <br />Useful Life 20 years Contact Engineer <br />Category Street Construction Priority n/a <br />Description ~ <br />Collector roadway and trunk utility construction for improvements to the south line of Phase I of the development <br />according to the Focused Area Study (FAST). <br />Justification ~ <br />In order to start to implement the development of the 171st Ave area; new public street and utilities are needed. <br />Expenditures .2012 2013 2014 2015 2016 Total <br />Construction/Maintenance 1,050,000 1,050,000 <br />Utilities 263,000 263,000 <br />Total 1,313,000 1,313,000 <br />Funding Sources 2012 2013 2014 2015 2016 Total <br />City Development Fund 350,000 350,000 <br />Economic Development Author 700,000 700,000 <br />Trunk Utility Fund 263,000 263,000 <br />Total 1,313,000 1,313,000 <br />2012-2016 CAPITAL IMPROVEMENT PLAN Page 16 <br />