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-002

Useful Life 20 Years

Project Name ST LUKE DRIVE OVERLAY

Category Street Paving

Priority 3 - Important

Total Project Cost: $191,500

Description The proposed project would consist of a HMA Overlay of the following streets: St. Luke Drive, 11th Ave SE and 12th Street SE.

Justification These streets have a poor surface wand the overlay would extend their useful life before they would need a total reconstruction.

Expenditures

Total

FY 21

FY 22

FY 23

FY 24

FY 25

Planning/Design

24,980

24,980

Construction/Maintenance

166,520

166,520

191,500

191,500

Total

Funding Sources

Total

FY 21

FY 22

FY 23

FY 24

FY 25

Street Improvement Reserve

191,500

191,500

191,500

191,500

Total