FY 2020-2024 Capital Improvement Plan
Capital Improvement Plan City of Spencer, Iowa
thru FY 20 FY 24
Contact Park & Rec Director Department Parks and Recreation
Type Improvement
19-PARK-003
Project #
Useful Life 20 Years
Project Name 4TH AVE SW TRAIL
Category Trails
Priority 2 - Essential
Total Project Cost: $390,441
Description The proposed project will develop and construct a trail adjacent to 4th Ave SW from 13th Street SW to 25th Street SW.
Justification The project would provide a multi-use trail for the SW sector of Spencer. It will provide a safe way to get to 11th Street SW and connect to the rest of the City's trail system.
Expenditures Planning/Design
Total
FY 20
FY 21
FY 22
FY 23
FY 24
58,566 331,875 390,441
58,566 331,875 390,441
Construction/Maintenance
Total
Funding Sources
Total
FY 20
FY 21
FY 22
FY 23
FY 24
250,000 111,158 29,283 390,441
250,000 111,158 29,283 390,441
Grant: MAP-21 Hotel-Motel Tax Park Reserve
Total
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