Laserfiche WebLink
Capital Improvement Plan <br />City of Elk River, Minnesota <br />2012 thru 2016 <br />Project # ST-09 <br />Project Name public Works Complex <br />Type Building <br />Useful Life 50 years <br />Category Buildings <br />Works RemoceUExpansion Project. <br />Justification <br />Department Streets <br />Contact Street Supt. <br />Priority n/a <br />i ~ .... ,:~~. <br />~.TM <br />i ~~ ~ k <br />. ~...... .,. ' s~ j~~ <br />~~ ~ ~.,.....5 $ <br />The City Council has approved a master plan study that will layout the future expansion of our streets and parks <br />department. The current facility is 26 year old and is not large enough to cover the City's fleet. The new facility will <br />extend the life of equipment with underbody washing and temperature controlled storage. Total project cost is <br />estimated under $lOm. Remaining amount will be covered by transfer from our Liquor enterprise fund. <br />Phase 1 -completed in 2011 <br />Phase 2 -anticipated in 2012/2013 <br />Expenditures <br />2012 2013 2014 2015 2016 Total <br />7,250,000 7,250,000 <br />Total 7,z5o,oo0 7,z5o,oo0 <br />Funding Sources 2012 2013 2014 2015 2016 Total <br />Capital Improvement Bonds 7,250,000 7,250,000 <br />Total 7,250,000 7,250,000 <br />2012-2016 CAPITAL IMPROVEMENTPLAN Page 66 <br />