FY 21-25 CIP

thru FY 21 FY 25

Capital Improvement Plan City of Spencer, Iowa

Department Airport

Contact Public Works Director

Type Maintenance

Project #

19-AIR-001

Useful Life 20 Years

Project Name TERMINAL BUILDING REHABILITATION

Category Buildings

Priority 2 - Essential

Total Project Cost: $150,000

Description The proposed project consists of repairs and improvements to the main terminal building at the airport. The repairs would include roof repairs, tuck pointing of the building and other minor improvements.

Justification The building is beginning to show its age and is need of minor repairs to improve its life span.

Expenditures

Total

FY 21

FY 22

FY 23

FY 24

FY 25

Planning/Design

22,500

22,500

Construction/Maintenance

127,500

127,500

150,000

150,000

Total

Funding Sources

Total

FY 21

FY 22

FY 23

FY 24

FY 25

Airport Reserve

30,000

30,000

Grant: State Airport

120,000

120,000

150,000

150,000

Total