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County <br />Projects <br />- <br />Cost <br />Share <br />2025 thru 2029 <br />Capital Improvement Plan <br />Elk River, Minnesota <br />Project #II-20 <br />Project Name County Projects - Cost Share <br />Total Project Cost $3,245,000 Department Infrastructure Improvements <br />Type Infrastructure Category Street Construction <br />Priority n/a Status Active <br />Useful Life 25 years <br />Description <br />City share of county projects include: 1) CR 33 Realignment and future trail preparation ($2,200,000 less $480,000 county turnback) 2) CR 44 Reconstruction ($750,000) and <br />Trail ($250,000) <br />Justification <br />City participation in projects initiated by Sherburne County. <br />Prior Expenditures 2025 2026 2027 2028 2029 Total <br />500,000 Improvements 2,745,000 0 0 0 0 2,745,000 <br />Total 2,745,000 0 0 0 0 2,745,000 <br />Prior <br />Funding <br />Sources 2025 2026 2027 2028 2029 Total <br />500,000 Municipal State Aid 1,720,000 0 0 0 0 1,720,000 <br />Pavement Management 750,000 0 0 0 0 750,000 <br />Park Dedication 275,000 0 0 0 0 275,000 <br />Total 2,745,000 0 0 0 0 2,745,000 <br />Produced Using Plan-It CIP Software Page 12 / 59Page 71 of 211