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Capital Improvement Plan <br />City of Elk River, Minnesota <br />Data in Year 2020 and 2025 <br />City participation in projects initiated by Sherburne County <br /> Justification <br />Projects include: <br />2021 - CSAH 13 Roundabout and Trail <br />2023 - CR 33 Realignment ($500,000 less $480,000 turnback value) <br />2024 - CR 44 Reconstruction and Trail <br /> Description <br />Project #II-20 <br />Useful Life 25 years <br />Project Name County Projects - Cost Share <br />Category Street Construction <br />Type Infrastructure <br />Contact Public Works Director <br />Department Infrastructure Improvements <br />Total2020 2021 2022 2023 2024Expenditures 2025 <br />1,520,000500,000 20,000 1,000,000Improvements <br />500,000 20,000 1,000,000 1,520,000Total <br />Total2020 2021 2022 2023 2024Funding Sources 2025 <br />150,000150,000Capital Projects - Active ER <br />1,120,000350,000 20,000 750,000Municipal State Aid <br />250,000250,000Park Dedication <br />500,000 20,000 1,000,000 1,520,000Total <br />2020-2025 CAPITAL IMPROVEMENT PLAN <br />33