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Capital Improvement Plan <br />City of Elk River, Minnesota <br />Data in Year 2020 and 2025 <br />Construct Fire Station #3 due to population growth and to decrease call time for the eastern part of City. <br /> Justification <br />A fire station feasibility and facility study was conducted in 2017 to evaluate the current facilities, locations and transportation infrastructure. The <br />city has a number of barriers that have an impact on response time including Hwy 10, Hwy 169, the Mis <br /> Description <br />Project #FS-03 <br />Useful Life 50 years <br />Project Name Fire Station #3 <br />Category Buildings <br />Type Building <br />Contact Fire Chief <br />Department Fire Stations <br />Total2020 2021 2022 2023 2024Expenditures 2025 <br />350,000350,000Design <br />7,000,0007,000,000Construction <br />350,000 7,000,000 7,350,000Total <br />Total2020 2021 2022 2023 2024Funding Sources 2025 <br />7,350,0003,950,000 3,400,000Capital Improvement Bonds <br />3,950,000 3,400,000 7,350,000Total <br />2020-2025 CAPITAL IMPROVEMENT PLAN <br />27