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Capital Improvement Plan <br />City of Elk River, Minnesota <br />Department Ice Arena <br />2020 2024thru <br />Contact Ice Arena Manager <br /> Description <br />2020 - Construction of the multipurpose lease space. <br />2022 - Replace the dehumidifier/furnace with a new HVAC system for the new field house. <br />Project #IA-02 <br /> Justification <br />The dehumidifier/furnace for the new fiield house is over 25 years old and was overhauled seven years ago. Since then, the unit has experienced <br />several major repairs. <br />Useful Life 20 years <br />Project Name Ice Arena - Building Category Buildings <br />Type Building <br />Total20202021202220232024Expenditures <br />560,000400,000 160,000Buildings <br />400,000 160,000 560,000Total <br />Total20202021202220232024Funding Sources <br />400,000400,000GRE Reserve <br />160,000160,000Ice Arena <br />400,000 160,000 560,000Total <br />Page 172020-2024 CAPITAL IMPROVEMENT PLAN