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Capital Improvement Plan <br />City of Elk River, Minnesota <br />2010 thru 2014 <br />Project # x_01 <br />Project Name Ice Arena Equipment <br />Type Equipment <br />Useful Life 10 years <br />Category Equipment <br />Description <br />?014 -Electric Ice Resurfacer <br />Department Ice Arena <br />Contact Park & Rec. Director <br />Priority n/a <br />Justification ~ <br />The existing Electric machine was purchased in 1999 and will have over 5,000 hours of use on it. By establishing an <br />[ce Resurfacing purchasing plan the Arena will operate smoothly without unexpected problems arising. <br />Expenditures 2010 2011 2012 2013 2014 Total <br />Equipment 125,000 125,000 <br />Total 725,000 125,000 <br />Funding Sources 2010 2011 2012 2013 2014 Total <br />To Be Determined 125,000 125,000 <br />Total 125,000 125,000 <br />Page 11 <br />