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Capital Improvement Plan <br />City of Elk River, Minnesota <br />Data in Year 2020 and 2025 <br />Complete frontage road Kelley Parkway and Twin Lakes Road extension to new signalized intersection on TH 10/169 at 168th Avenue <br /> Justification <br />System expansion and access control on TH 10/169 corridor from 171st Avenue to 165th Avenue <br /> Description <br />Project #II-08 <br />Useful Life 25 years <br />Project Name Kelley Pkwy/Twin Lakes Rd/TH 10 Intersection <br />Category Street Construction <br />Type Improvement <br />Contact Public Works Director <br />Department Infrastructure Improvements <br />Total2020 2021 2022 2023 2024Expenditures 2025 <br />75,00075,000Design <br />6,500,000Construction6,500,000 <br />75,000 6,575,000Total6,500,000 <br />Total2020 2021 2022 2023 2024Funding Sources 2025 <br />2,000,000Federal Grants 2,000,000 <br />3,000,000Municipal State Aid 3,000,000 <br />500,000Special Assessments 500,000 <br />1,000,000MnDOT Cooperative Funds 1,000,000 <br />75,00075,000Pavement Management Fund <br />75,000 6,575,000Total6,500,000 <br />2020-2025 CAPITAL IMPROVEMENT PLAN <br />32