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Parking <br />Lot <br />Expansion <br />2026 thru 2030 <br />Capital Improvement Plan <br />Elk River, Minnesota <br />Project #FTC-25 <br />Project Name Parking Lot Expansion <br />Contact Multipurpose Facility Supt.Department FTCenter <br />Type Infrastructure Category Buildings <br />Status Active Useful Life 30 years <br />Description <br />Increase parking capacity at the FT Center due to an increasing need for daytime and special event parking. <br />Staff has identified the potential for 30 additional parking stalls to be added on the west side of the FT Center in an undeveloped area. <br />Justification <br />Weekly complaints are received due to the lack of parking at the facility. <br />Building Reserve Fund - Intergovernmental Loan to finance Improvement? <br />Funding Sources 2026 2027 2028 2029 2030 Total <br />Interfund Loan 75,000 0 0 0 0 75,000 <br />Total 75,000 0 0 0 0 75,000 <br />Budget Impact <br />Minimal impact as mowing maintance will be replaced with snow removal. <br />Produced Using Plan-It CIP Software Page 84 of 312