FY 17 Annual Report

Capital Improvements Fund

2017

CITY OF SPENCER, IOWA

TRAIL LAND PURCHASE

PROJECT #409

PROJECT INFORMATION

The project will purchase a strip of land 100 feet wide and approximately 1 mile long that will be used for the continuation of the Dickinson County Trail connection project. The land is located along old railroad right-of-way that begins north of the City Limits and continues of r1 mile. Funding for this project comes form the State Departmental of Natural Resources REAP grant program and Clay County. The City will have no funds with this project, but needed to facilitate it due to grant requirements.

FY 2017 ACTUAL

PRIOR YEARS

PROJECT

PRIOR YEARS

TOTAL

REVENUES

MISCELLANEOUS REAP GRANT TRANSFERS IN

12,500.00

12,500.00 100,000.00

100,000.00

412.50

412.50

12,912.50

100,000.00

112,912.50

-

TOTAL REVENUES

EXPENDITURES LAND PURCHASE

110,000.00

110,000.00

ENGINEERING LEGAL FEES

337.50

337.50

2,575.00

2,575.00

MISCELLANEOUS TRANSFERS OUT

- -

-

-

112,912.50

112,912.50

-

TOTAL EXPENDITURES

CAPITAL IMPROVEMENTS