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 #

23-STR-001

Useful Life 20 Years

Project Name 2023 RECONSTRUCTION

Category Street Reconstruction

Priority 2 - Essential

Total Project Cost: $317,781

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.

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

Total

FY 21

FY 22

FY 23

FY 24

FY 25

Planning/Design

50,845

50,845

Construction/Maintenance

266,936

266,936

317,781

317,781

Total

Funding Sources

Total

FY 21

FY 22

FY 23

FY 24

FY 25

Street Improvement Reserve

317,781

317,781

317,781

317,781

Total