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20222026 <br />thru <br />Capital Improvement Plan <br />Infrastructure Improvements <br />Department <br />City of Elk River, Minnesota <br />Public Works Director <br />Contact <br />Improvement <br />Type <br />Project # <br />II-08 <br />Useful Life25 years <br />Project Name <br />Kelley Pkwy/Twin Lakes Rd/TH 10 Intersection <br />Street Construction <br />Category <br /> Description <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 />ExpendituresTotal <br />20222023202420252026 <br />Construction 6,500,0006,500,000 <br />6,500,0006,500,000 <br />Total <br />Funding Sources20222023202420252026Total <br />Federal Grants <br />2,000,0002,000,000 <br />MnDOT Cooperative Funds 1,000,0001,000,000 <br />Municipal State Aid 3,000,0003,000,000 <br />Special Assessments 500,000500,000 <br />6,500,0006,500,000 <br />Total <br />2022-2026 CAPITAL IMPROVEMENT PLAN <br />28 <br />