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

21-STR-002

Project #

Useful Life 25 Years

Project Name DOWNTOWN TRAFFIC LIGHT CONTROLLERS

Category Equipment: Miscellaneous

Priority 2 - Essential

Description The proposed project will replace the control system for the city's traffic signals in the downtown area. This project twill include installation of new pole mounted controls for the 6 locations in downtown as well as new control systems at 8th Street and Grand and 4th Street SW and Grand. Total Project Cost: $90,000

Justification The current system is out of date and repairs are becoming more frequent and parts are becoming harder to find. It is time to up date this system to a more modern system.

Expenditures

Total

FY 20

FY 21

FY 22

FY 23

FY 24

90,000 90,000

90,000 90,000

Equipment

Total

Funding Sources Road Use Tax (RUT)

Total

FY 20

FY 21

FY 22

FY 23

FY 24

90,000 90,000

90,000 90,000

Total