FY 2019-2023 Capital Improvement Plan

Capital Improvement Plan City of Spencer, Iowa

thru FY 19 FY 23

Contact Park & Rec Director Department Parks and Recreation

Type Improvement

18-PARK-005

Project #

Useful Life 40 Years

Project Name PEDERSON PARK LIGHTING

Category Park Improvements

Priority 2 - Essential

Description The proposed project will replace the primary wiring for electrical service to Pederson Park. This project was identified on the Master Plan for Pederson Park. Total Project Cost: $1,207,537

Justification The primary wiring is necessary to provide wiring for replacement transformers which are antiquated and hard to service.

Prior

1,207,537

Total

Prior

Funding Sources

Total

FY 19

FY 20

FY 21

FY 22

FY 23

337,537 120,000 50,000 507,537

337,537 120,000 50,000 507,537

700,000

Capital Improvement Reserve

Donations

Total

Street Improvement Reserve

Total