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Capital Improvement Plan <br />City of Elk River, Minnesota <br />Department Fire Stations <br />2020 2024thru <br />Contact Fire Chief <br /> Description <br />Construct Fire Station #3 to decrease call time for eastern part of City. <br />Project #FS-03 <br /> Justification <br />Based on current population growth, a station will be needed in the eastern area as an enhancement for response time. <br />Useful Life 50 years <br />Project Name Fire Station #3 Category Buildings <br />Type Building <br />Total20202021202220232024Expenditures <br />300,000300,000Design <br />6,000,0006,000,000Construction <br />300,000 6,000,000 6,300,000Total <br />Total20202021202220232024Funding Sources <br />6,000,0006,000,000Capital Improvement Bonds <br />300,000300,000Government Buildings Reserve <br />300,000 6,000,000 6,300,000Total <br />Page 152020-2024 CAPITAL IMPROVEMENT PLAN