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Capital Improvement Plan <br />City of Elk River, Minnesota <br />Department Infrastructure Improvements <br />2020 2024thru <br />Contact Public Works Director <br /> Description <br />Complete frontage road Kelley Parkway and Twin Lakes Road extension to new signalized intersection on TH 10/169 at 168th Avenue <br />Project #II-08 <br /> Justification <br />System expansion and access control on TH 10/169 corridor from 171st Avenue to 165th Avenue <br />Useful Life 25 years <br />Project Name Kelley Pkwy/Twin Lakes Rd/TH 10 Intersection Category Street Construction <br />Type Improvement <br />Total20202021202220232024Expenditures <br />600,000600,000Design <br />1,200,0001,200,000Land Acquisition <br />6,500,0006,500,000Construction <br />1,800,000 6,500,000 8,300,000Total <br />Total20202021202220232024Funding Sources <br />2,000,0002,000,000Federal Grants <br />1,000,0001,000,000MnDOT Cooperative Funds <br />4,800,0001,800,000 3,000,000Municipal State Aid <br />500,000500,000Special Assessments <br />1,800,000 6,500,000 8,300,000Total <br />Page 192020-2024 CAPITAL IMPROVEMENT PLAN