Final FY25 Adopted Budget
2024 2028 thru
Capital Improvement Plan 2024-2028 City of Iowa City, Iowa
PUBLIC WORKS
Department
Contact Jason Havel
One Phase
Type
S3963
Project #
50 years
Useful Life
Project Name Burlington Street Bridge Replacement
Street Operations
Category
GRANTEE STP
PLAN None
Critical (1)
Priority
MATCH % VARIES
TIF DISTRICT None
Active
Status
Total Project Cost: $30,150,000
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.
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.
Prior
Expenditures
Total
2024
2025
2026
2027
2028
PLANNING/DESIGN
300,000
750,000
2,150,000
3,200,000
25,000
CONSTRUCTION
5,625,000
20,725,000
26,350,000
Total
ADMINISTRATION
25,000
50,000
50,000
100,000
100,000
325,000
CONTINGENCY
250,000
250,000
325,000
800,000
2,450,000
5,725,000
20,825,000
30,125,000
Total
Prior
Funding Sources
Total
Future
2024
2025
2026
2027
2028
GO BONDS-ESSENTIAL PURPOSE
9,025,000
9,025,000
300,000
20,825,000
Total
Total
9,025,000
9,025,000
Total
Budget Impact/Other Operating expenses are expected to decrease, as this will be replacing aged infrastructure that has reached the end of its useful life. It is also anticipated the DOT will take over ownership and maintenance of the new bridge. 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.
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