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<br />Capital Improvement Plan <br /> <br />City of Elk River, Minnesota <br /> <br />2008 thru 2012 <br /> <br />Contact Engineer <br />Department Infrastructure Improvements <br /> <br />Project # LA-02 <br />Project Name Land Acquisition for CSAH 33 <br /> <br />Type Land <br />Useful Life Unassigned <br />Category Street Construction <br />Priority 3 Important <br /> <br />Description I <br /> <br />Land acquisition for Sherburne County reconstruction/realignment of CSAH 33 from TH169 to east City limits. <br /> <br />(assume .75 mile by 100ft @ $65,OOO/Ac) <br /> <br />Justification <br /> <br />I <br /> <br />As Sherburne County plans for a realignment of CSAH 33 to eliminate the sharp curves; their cost participation policy <br />requires the City to acquire the Right of Way. <br /> <br />Expenditures <br /> <br />Land Acquisition <br /> <br />2008 <br />600,000 <br /> <br />Total 600,000 <br /> <br />2009 <br /> <br />2010 <br /> <br />2011 <br /> <br />2012 <br /> <br />Total <br />600,000 <br /> <br />600,000 <br /> <br />Funding Sources <br />Street Improvement Reserve <br /> <br />2008 <br />600,000 <br />600,000 <br /> <br />2009 <br /> <br />2010 <br /> <br />2011 <br /> <br />2012 <br /> <br />Total <br />600,000 <br /> <br />600,000 <br /> <br />Total <br /> <br />2006 elP Draft 05/30/06 <br /> <br />Page 10 <br />