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 Maintenance

23-STR-001

Project #

Useful Life 20 Years

Project Name 2023 RECONSTRUCTION

Category Street Reconstruction

Priority 2 - Essential

Description The proposed project consists of the replacement of culverts at 11th Street SE and Woodland Avenue. In addition, there would be an HMA overlay on Woodland Avenue and Fairway Street. Total Project Cost: $317,781

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

Expenditures Planning/Design

Total

FY 20

FY 21

FY 22

FY 23 50,845 266,936 317,781

FY 24

50,845 266,936 317,781

Construction/Maintenance

Total

Funding Sources

Total

FY 20

FY 21

FY 22

FY 23 317,781 317,781

FY 24

317,781 317,781

Street Improvement Reserve

Total