FY 21-25 CIP

thru FY 21 FY 25

Capital Improvement Plan City of Spencer, Iowa

Department Streets

Contact Public Works Director

Type Maintenance

Project #

21-STR-005

Useful Life 25 Years

Project Name Parking Lot Improvements

Category Misc. Street Projects

Priority 1 - Imperative

Total Project Cost: $25,000

Description The proposed projec twould remove the retaining wall and regrade the green space in the parking lot at the corner of West 4th Street and 1st Avenue West. New trees and lighting will be installed.

Justification The current retaining wall is compromised and in dange of failing.

Expenditures

Total

FY 21

FY 22

FY 23

FY 24

FY 25

Planning/Design

3,000

3,000

Construction/Maintenance

22,000

22,000

25,000

25,000

Total

Funding Sources

Total

FY 21

FY 22

FY 23

FY 24

FY 25

Street Improvement Reserve

25,000

25,000

25,000

25,000

Total