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Capital Improvement Plan <br />City of Elk River, Minnesota <br />2016 2020thru <br /> Description <br />Dump truck replacement and additions. Includes all plow equipment. <br />2018 - 1 Tandem Axle with plow, replaces 2003 Tandem Axle plow truck <br />2019 - 1 Tandem Axle with plow, replaces 2004 Tandem Axle plow truck <br />2020 - 1 Tandem Axle with plow, replaces 2005 Tandem Axle plow truck <br />Project #ST-02 <br />Priority n/a <br /> Justification <br />Annual replacement of streets equipment based on usage, age, and reliability. <br />Useful Life 15 years <br />Project Name Dump Truck Replacement <br />Category Heavy Equipment <br />Type Equipment <br />Contact Street Supt. <br />Department Streets <br />Total20162017201820192020Expenditures <br />735,000245,000 245,000 245,000Equipment <br />245,000 245,000 245,000 735,000Total <br />Total20162017201820192020Funding Sources <br />735,000245,000 245,000 245,000Equipment Replacement Fund <br />245,000 245,000 245,000 735,000Total <br />Page 592016-2020 CAPITAL IMPROVEMENT PLAN