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Capital Improvement Plan <br />City of Elk River, Minnesota <br />Data in Year 2020 and 2025 <br />Overlay and sealcoat public parking lots as needed <br /> Justification <br />Projects will be prioritized based on condition and available funding after all street maintenance project needs are met. <br /> Description <br />Project #PM-02 <br />Useful Life 15 years <br />Project Name Parking Lot Improvements <br />Category Street Maintenance <br />Type Improvement <br />Contact Public Works Director <br />Department Infrastructure Improvements <br />Total2020 2021 2022 2023 2024Expenditures 2025 <br />1,050,000350,000 350,000Parking Lot 350,000 <br />350,000 350,000 1,050,000Total350,000 <br />Total2020 2021 2022 2023 2024Funding Sources 2025 <br />1,050,000350,000 350,000Pavement Management Fund 350,000 <br />350,000 350,000 1,050,000Total350,000 <br />2020-2025 CAPITAL IMPROVEMENT PLAN <br />52