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CAPITAL PLAN <br />City of Elk River, Minnesota <br /> <br />2003 thru <br /> <br />Project # II-07 <br />Project Nme Main Street Intersection Improvements at Hwy 10 <br /> <br /> Enterprise Fund no <br />Other Funding Commitment no <br /> <br />Description ] <br /> <br />2007 <br /> <br /> Contact <br /> Department <br /> <br /> Type <br /> Useful Life <br /> <br /> Category <br /> Priority <br /> <br />Total Project Cost <br /> <br />Infrastructure Improvements <br /> <br />Improvement <br /> <br />99 years <br /> <br />Street Construction <br /> <br />2 High Priority <br /> <br />$691,812 <br /> <br />Modify intersection to improve traffic flow. <br /> <br />Justification <br /> <br />Expenditures 2003 2004 2005 2006 2007 Total Future <br />Construction/Maintenance 541,812 541312 ~ <br /> Total 541,812 541,812 Total <br /> <br />Funding Sources 2003 2004 2005 2006 2007 Total Future <br /> <br />Federal Grants 300,000 300,000 ~ <br />MnDOT Cooperative Funds 241,812 241,812 Tetal <br /> <br />Total 541,812 541,812 <br /> <br />49 <br /> <br /> <br />