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Capital Improvement flan 2014 thru 2018 <br /> City of Elk River, Minnesota <br /> Project# OK-13 <br /> Project Name Oak Knoll bighting Project <br /> Type Improvement Department Park hmprovement Fund <br /> Useful Life Unassigned Contact Park&Rec.Director <br /> Category Park hnprovetnents Priority n/a <br /> Description <br /> The project will install athletic field lighting at the Oak Knoll Athletic Complex field#10. The project includes electrical and irrigation upgrades <br /> needed to develop an improved lighted field at Oak Knoll. <br /> Justification <br /> Youth Football and Lacrosse associations entered into an agreement on December 2,2013 with the City to donate$73,000 over the next several <br /> years. Both sports organizations and the Parks and Recreation Commission have connnented on the need in Elk River for an additional field with <br /> lights since the city currently has one field with lights at the Youth Athletic Complex(YAC). <br /> Expenditures 2014 2015 2016 2017 2018 Total <br /> Construction/Maintenance 135,000 135,000 <br /> Total 135,000 135,000 <br /> Funding Sources 2014 2015 2016 2017 2018 Total <br /> Donors 43,000 10,000 10,000 10,000 73,000 <br /> Liquor Fund 62,000 62,000 <br /> Total 105,000 10,000 10,000 10,000 135,000 <br /> 2014-2018 CAPITAL IMPROVE11ENTPLAN Page 32 <br />