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2025 thru 2029 <br />Capital Improvement Plan <br />Elk River, Minnesota <br />Project - PIF 25.1 <br />Project Name Basketball Courts DeerfieldlRidgewood <br />Department Park Improvement <br />Category Park Improvements <br />Status Active <br />Description <br />Replace basketball courts at Deerfield ($50.000) and Ridgewood ($30.000) parks <br />Justification <br />Annual maintenanceirepairs of our park system. <br />Expenditures 2025 2026 <br />improvements 30.000 0 <br />Total 30,000 0 <br />Funding <br />Sources <br />Park Improvement <br />2025 2026 <br />30.000 0 <br />Total 30,000 0 <br />Type <br />Priority <br />Useful Life <br />Improvement <br />n!a <br />15 years <br />2027 2028 2029 Total <br />50,000 0 0 80,000 <br />50,000 0 0 80,000 <br />2027 2028 2029 Total <br />50.000 0 0 80,000 <br />50,000 0 0 80,000 <br />Produced Using Plan -It CIP Software <br />Page 16 129 <br />Page 66 of 69 <br />