FY 21-25 CIP

thru FY 21 FY 25

Capital Improvement Plan City of Spencer, Iowa

Department Streets - Equipment

Contact Public Works Director

Type Improvement

Project #

23-STEQ-001

Useful Life 40 Years

Project Name EQUIPMENT STORAGE

Category Buildings

Priority 4 - Desirable

Total Project Cost: $500,000

Description The proposed project will construct a new equipment storage building at the street division location.

Justification Currently some of the department's equipment is being stored in a concrete domed building. This structure was previously used as a trickling filter when the city's wastewater treatment plant was located on the site of the current street division. This building is not suitable for the storage of equipment due to moisture issues.

Expenditures

Total

FY 21

FY 22

FY 23

FY 24

FY 25

Construction/Maintenance

500,000

500,000

500,000

500,000

Total

Funding Sources

Total

FY 21

FY 22

FY 23

FY 24

FY 25

PW Equipment Reserve

500,000

500,000

500,000

500,000

Total