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Capital Improvement Plan <br />City of Elk River, Minnesota <br />Department Park Development/Improveme <br />2020 2024thru <br />Contact Public Works Director <br /> Description <br />TH 10 Trail Extension - Design and install lighted trail from Gary St to Morton Ave <br />Project #PF-64 <br /> Justification <br />The bulk of this project will be constructed with the MNDOT TH 10 resurfacing project expected in 2021. The project is partially funded with a <br />federal grant. <br />Useful Life 20 years <br />Project Name Trail Development - TH 10 Extension Category Trail Improvements <br />Type Improvement <br />Total20202021202220232024Expenditures <br />20,00020,000Design <br />960,000960,000Construction <br />20,000 960,000 980,000Total <br />Total20202021202220232024Funding Sources <br />640,000640,000Federal Grants <br />340,00020,000 320,000Park Dedication <br />20,000 960,000 980,000Total <br />Page 282020-2024 CAPITAL IMPROVEMENT PLAN