FY 21-25 CIP

thru FY 21 FY 25

Capital Improvement Plan City of Spencer, Iowa

Department Streets

Contact Public Works Director

Type Improvement

Project #

21-STR-002

Useful Life 25 Years

Project Name DOWNTOWN TRAFFIC LIGHT CONTROLLERS

Category Equipment: Miscellaneous

Priority 2 - Essential

Total Project Cost: $200,000

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.

Justification The current system is out of date and repairs are becoming more frequent and parts are becoming harder to find.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 21

FY 22

FY 23

FY 24

FY 25

Equipment

200,000

200,000

200,000

200,000

Total

Funding Sources

Total

FY 21

FY 22

FY 23

FY 24

FY 25

Road Use Tax (RUT)

200,000

200,000

200,000

200,000

Total