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Capital Improvement Plan <br />City of Elk River, Minnesota <br />PIF 26-1 <br />Playground/Basketball Court - Riverplace <br />Description I <br />Fe —placement of playground equipment and basketball court <br />Justification I <br />Annual maintenance/repairs of our park system. <br />2023 thru 2027 <br />Department <br />Park Improvement <br />Contact <br />Park & Rec. Director <br />Type <br />Improvement <br />Useful Life <br />15 years <br />Category <br />Park Improvements <br />Expenditures 2023 2024 2025 2026 2027 Total <br />Equipment 125,000 <br />Improvements 60,000 <br />Total <br />185,000 <br />125,000 <br />60,000 <br />185,000 <br />Funding Sources 2023 2024 2025 2026 2027 Total <br />Park Improvement 185,000 185,000 <br />185,000 185,000 <br />2023-2027 CAPITAL IMPROVEMENT PLAN <br />