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
21-STR-003
Project #
Useful Life 20 Years
Project Name NORTH "Y" FRONTAGE ROAD
Category Street Construction
Priority 5 - On-Going
Description The proposed project would replace the frontage rod near the North "Y" area on Highway 71/18. The City took over ownership of this frontage road to aid in future development of the area. Per the agreement, the property owners are to pay for the removal of the exiting pavement prior to replacement. Justification The road has a fair amount of heavy truck traffic on it with Vander Haags and the storage building at the south end and is in poor condition and continues to degrade. Total Project Cost: $320,000
Expenditures Planning/Design
Total
FY 19
FY 20
FY 21 54,000 266,000 320,000
FY 22
FY 23
54,000 266,000 320,000
Construction/Maintenance
Total
Funding Sources Special Assessments
Total
FY 19
FY 20
FY 21 70,000 250,000 320,000
FY 22
FY 23
70,000 250,000 320,000
Street Improvement Reserve
Total
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