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Capital Improvement Plan <br />City of Eli River, Minnesota <br />2~1~ t12r°u 2Q14 <br />Project # ~~I-Q5 <br />project Name Maya Street Mill and overlay <br />Type I111~?1'pVe111e11t Department ~Ilfl'astt'L1Ct111'E ~111p1'pVe111pnts <br />Useful Life 25 years CoE~tact Engineer <br />Catego~',y Street Construction P~~iority nla <br />I]escription <br />vlill Main Street from Lowell Ave to Bridge; remove millings, resurface, and restripe street, <br />rustication <br />Main Street was rebuilt in 1985, over the last 20 years there have beef several open cuts of the street and numerous <br />cracks have developed, Given the amount of traffic Main Street carries X5,200-7,500 vehicles a day in 2007} its time to <br />resurface the road, <br />Expenditures 2010 2011 2012 2013 2014 Total <br />ConstructionlMaintenance 500,000 500,000 <br />Total 500,000 <br />Tunding Sources 2010 2011 2012 2013 2014 Total <br />Special Assessments X00,000 X00,000 <br />Street Improvement Reserve 400,000 400,000 <br />Total 500,000 <br />500,000 <br />500,000 <br />Page 21 <br />