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Capital Improvement Plan <br />City of Elk River, Minnesota <br />2024 thru 202� <br />'roject # PM-01 <br />�ro�e�tName Pavement Management - Streets <br />Department Infrastructure Improvements <br />Contact Public Works Director <br />Type Improvement <br />Useful Life 25 years <br />Category Street Construction <br />l�escription I <br />?reventative maintenance on our streets includes sealcoating, crackfilling and small overlay projects. <br />�treet improvement projects to replace, overlay or rehabilitate aged and deteriorated streets, storm drainage, and adjacent walks will be completed <br />;very other year. <br />Justification I <br />ndividual street pavement conditions will dictate what pavement management technique will be utilized to extend the life of that specific street <br />�egment. These techniques may range from preventative maintenance to a full reconstruction of the surface and aggregate base. As they are <br />mplemented, the prescribed techniques will continually be gauged to assure their performance is proper in extending the life of our pavements. <br />Expenditures 2024 2025 2026 2027 2028 Total <br />Design 100,000 100,000 100,000 300,000 <br />Construction 3,500,000 3,000,000 6,500,000 <br />Maintenance 200,000 200,000 200,000 200,000 800,000 <br />TOtal 300,000 3,700,000 300,000 3,000,000 300,000 7,600,000 <br />Funding Sources 2024 <br />Pavement Management 300,000 <br />Storm Water <br />Total 300,000 <br />2025 <br />3,600,000 <br />100,000 <br />3,700,000 <br />2026 2027 <br />300,000 3,000,000 <br />300,000 3,000,000 <br />2028 <br />300,000 <br />300,000 <br />Total <br />7,500,000 <br />100,000 <br />7,600,000 <br />2023-2027 CAPITAL IMPROVEMENT PLAN <br />