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Capital Improvement Plan 2023 th,u 2027 <br />City of Elk River, Minnesota <br />Project # PM-02 <br />Project name Pavement Management - Parking Lots/Trails <br />Description <br />Overlay and sealcoat public parking lots and trails as needed <br />Department <br />Infrastructure Improvements <br />Contact <br />Public Works Director <br />Type <br />Maintenance <br />Useful Life <br />15 years <br />Category <br />Street Maintenance <br />Justification <br />?rojects will be prioritized based on condition and available funding after all street maintenance project needs are met. <br />Expenditures 2023 2024 2025 2026 2027 Total <br />Parking Lot 350,000 350,000 350,000 1,050,000 <br />Trails 200,000 200,000 400,000 <br />Total 350,000 200,000 350,000 200,000 350,000 1,450,000 <br />Funding Sources 2023 2024 2025 2026 2027 Total <br />Pavement Management 350,000 200,000 350,000 200,000 350,000 1,450,000 <br />Total 350,000 200,000 350,000 200,000 350,000 1,450,000 <br />2023-2027 CAPITAL IMPROVEMENT PLAN <br />57 <br />