FY 2020-2024 Capital Improvement Plan

Capital Improvement Plan City of Spencer, Iowa

thru FY 20 FY 24

Department Streets

Contact Public Works Director

Type Improvement

20-STR-001

Project #

Useful Life 30 Years

Project Name 2019 RECONSTRUCTION

Category Street Reconstruction

Priority 5 - On-Going

Description The proposed project consists of the reconstruction of portions of West 6th Street and 10th Avenue East. On West 6th Street, the project will go from 1st Avenue West to 2nd Avenue West and will incorporate the replacement of the sanitary sewer and installation of storm sewer. On 10th Avenue East, the project will go from East Park Street to E 4th Street. Justification The 10th Avenue East segment of the project is in need of replacement due to increased truck traffic which has caused damage to the street. The West 6th Street segment of the project is in need of a new sanitary sewer line as well as a new street surface. Total Project Cost: $884,000

Expenditures Planning/Design

Total

FY 20

FY 21

FY 22

FY 23

FY 24

148,000 736,000 884,000

148,000 736,000 884,000

Construction/Maintenance

Total

Funding Sources

Total

FY 20

FY 21

FY 22

FY 23

FY 24

64,966 257,675 120,325 45,767 395,267 884,000

64,966 257,675 120,325 45,767 395,267 884,000

Sewer Reserve

Special Assessments

Spencer Municipal Utilities

Storm Sewer Reserve

Street Improvement Reserve

Total