FY 2019-2023 Capital Improvement Plan

Capital Improvement Plan City of Spencer, Iowa

thru FY 19 FY 23

Department Streets

Contact Public Works Director

Type Maintenance

21-STR-001

Project #

Useful Life 20 Years

Project Name 2021 RECONSTRUCTION

Category Street Reconstruction

Priority 2 - Essential

Total Project Cost: $558,360

Description The proposed project consists of the mill and overlay of Woodland Ave and Fairway Street.

Justification Both of these streets are in poor condition and are n need of an overlay to prolong the life expectancy.

Expenditures Planning/Design

Total

FY 19

FY 20

FY 21 93,060 465,300 558,360

FY 22

FY 23

93,060 465,300 558,360

Construction/Maintenance

Total

Funding Sources Special Assessments Storm Sewer Reserve

Total

FY 19

FY 20

FY 21 180,480 166,920 210,960 558,360

FY 22

FY 23

180,480 166,920 210,960 558,360

Street Improvement Reserve

Total