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Capital Improvement Plan <br />City of Elk River, Minnesota <br />2010 thru 2014 <br />eject # OV-OS <br />eject Name Main Street Mill and Overlay <br />Type Improvement Department Infrastructure Improvements <br />Useful Life 25 years Contact Engineer <br />Category Street Construction Priority n/a <br />~~ ~~ __ <br />ifi ~~ ~y^~ r`~ I <br />Description <br />---__--_ ------------------- <br />Mill Main Street from Lowell Ave to Bridge; remove millings, resurface, and restripe street. <br />Justification <br />---- -- _- <br />Vlain Street was rebuilt in 1988, over the last 20 years there have been several open cuts of the street and numerous <br />cracks have developed. Given the amount of traffic Main Street carries (5,200-7,500 vehicles a day in 2007) its time to <br />°esurface the road. <br />Expenditures 2010 2011 2012 2013 2014 Total <br />ConstructionlMaintenance 500,000 500,000 <br />Total <br />Funding Sources 500,000 <br />2010 2011 500,000 <br />2012 2013 2014 Total <br />Special Assessments <br />Street Improvement Reserve 100,000 <br />400,000 100,000 <br />400,000 <br />Total 500,000 500,000 <br />