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Capital Improvement Plan <br />City of Elk River, Minnesota <br />2016 2020thru <br /> Description <br />2016 - 1999 Electric Ice Resurfacer <br />Project #IA-01 <br />Priority n/a <br /> Justification <br />The existing electric machine was purchased in 1999 and will have over 5,000 hours of use on it. By establishing an ice resurfacer replacement <br />plan the Arena will operate smoothly without unexpected problems arising. <br />Useful Life 10 years <br />Project Name Ice Arena Equipment <br />Category Equipment <br />Type Equipment <br />Contact Park & Rec. Director <br />Department Ice Arena <br />Total20162017201820192020Expenditures <br />120,000120,000Equipment <br />120,000 120,000Total <br />Total20162017201820192020Funding Sources <br />120,000120,000Ice Arena <br />120,000 120,000Total <br />Page 202016-2020 CAPITAL IMPROVEMENT PLAN