FY2024 Proposed Budget

Capital Improvement Plan 2023-2027 City of Iowa City, Iowa

2023 2027 thru

Department PUBLIC WORKS

Contact Ben Clark

Type One Phase

M3637

Project #

Useful Life 50 years

Project Name Peterson Street Storm Sewer Improvments

Priority Critical (1) Category Stormwater

MATCH % GRANTEE

TIF DISTRICT PLAN

Status Active

Total Project Cost: $450,000

Description This project will replace approximately 430 linear feet of corrugated metal pipe with reinforced concrete pipe.

Justification The existing storm sewer was constructed approximately 40 years ago using corrugated metal pipe that is now severely corroded and past the end of its useful life.

Expenditures

Total

2023

2024

2025

2026

2027

50,000 350,000 10,000 35,000 450,000 5,000

50,000 350,000 10,000 35,000 450,000 5,000

PLANNING/DESIGN CONSTRUCTION

INSPECTION

ADMINISTRATION CONTINGENCY

Total

Funding Sources STORMWATER FUND

Total

2023

2024

2025

2026

2027

450,000 450,000

450,000 450,000

Total

Budget Impact/Other Impact to operating budget is expected to be less than $10,000 annually.

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