FY 2019-2023 Capital Improvement Plan
Capital Improvement Plan City of Spencer, Iowa
thru FY 19 FY 23
Department Streets
Contact Public Works Director
Type Improvement
19-STR-001
Project #
Useful Life 20 Years
Project Name 2018 OVERLAY PROJECT
Priority 4 - Desirable Category Street Paving
Description The proposed project would consist of a mill and overlay on certain streets within the City. The identified streets are as follows: Total Project Cost: $528,000
W 10TH ST - GRAND TO 4TH AVE W E 10TH ST - GRAND TO 4TH AVE E 2ND AVE E - E 4TH STREET TO E 8TH STREET W 3RD ST - 4TH AVE W TO ALLEY
Justification Overlay project assist in extending the life expectancy of the street, thus reducing long term maintenance and repair costs.
Expenditures Planning/Design
Total
FY 19
FY 20
FY 21
FY 22
FY 23
68,640 459,360 528,000
68,640 459,360 528,000
Construction/Maintenance
Total
Funding Sources Road Use Tax (RUT)
Total
FY 19
FY 20
FY 21
FY 22
FY 23
37,000 491,000 528,000
37,000 491,000 528,000
Street Improvement Reserve
Total
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