FY2024 Proposed Budget
Capital Improvement Plan 2023-2027 City of Iowa City, Iowa
2023 2027 thru
Department PUBLIC WORKS
Contact Jason Havel
Type One Phase
S3963
Project #
Useful Life 50 years
Project Name Burlington Street Bridge Replacement
Category Street Operations
Priority Critical (1)
MATCH % VARIES GRANTEE STP
TIF DISTRICT None PLAN None
Status Active
Description This project will replace both the eastbound and westbound Burlington Street bridges with one new bridge over the Iowa River. In addition, the project will include repair or replacement of the existing pedestrian overpass at Riverside Drive, realignment of Grand Avenue west of Riverside Drive, reconstruction of portions of Grand Avenue, Byington Road and Melrose Avenue, and investigation of the feasibililty of eliminating the existing dam. This project will be a joint project with the DOT. Total Project Cost: $30,150,000
Justification The 2019 and 2021 biennial bridge inspection programs identified advanced detorioration of the sub and super structures on the Burlington Street Bridges. The programs recommended the bridge to be scheduled for replacement.
Expenditures
Total
Future
2023
2024
2025
2026
2027
300,000
750,000
2,150,000
3,200,000 5,675,000
20,825,000
PLANNING/DESIGN CONSTRUCTION ADMINISTRATION
5,675,000
Total
25,000
25,000
50,000
50,000 250,000
50,000
200,000 250,000
CONTINGENCY
25,000
325,000
800,000
2,450,000
5,725,000
9,325,000
Total
Funding Sources FEDERAL GRANTS
Total
Future
2023
2024
2025
2026
2027
300,000
300,000
20,825,000
9,025,000
9,025,000
GO BONDS-ESSENTIAL PURPOSE
Total
300,000
9,025,000
9,325,000
Total
Budget Impact/Other Operating expenses are expected to be minimal or decrease, as this will be replacing aged infrastructure that has reached the end of its useful life. This serves as a declaration of official intent under Treasury Regulation 1.150-2 that it is reasonably expected that capital expenditures will be made in respect of the above-described project, such expenditures to be advanced from the Capital Projects fund, and the City reasonably expects to reimburse all or a portion of the expenditures with the proceeds of bonds, notes or other indebtedness to be issued or incurred by the City in the future.
608
Made with FlippingBook Learn more on our blog