Final FY25 Adopted Budget

2024 2028 thru

Capital Improvement Plan 2024-2028 City of Iowa City, Iowa

PUBLIC WORKS

Department

Contact Kent Ralston

One Phase

Type

S3981

Project #

40 Years

Useful Life

Project Name Camp Cardinal / Kennedy Parkway - Ped Accom

Street Operations

Category

PLAN Transportation Plan

Essential (2)

GRANTEE

Priority

Active

MATCH %

TIF DISTRICT

Status

Total Project Cost: $320,000

Description This project will remove existing right turn bays and install pedestrian refuge islands on Camp Cardinal Boulevard at Kennedy Parkway.

Justification This project is necessary to improve the safey and comfort of bikes and pedestrians crossing Camp Cardinal Boulevard. With Borlaug Elementary School to the east of the corridor and numerous recent developments to the west, the current configuration is not adequate. This project is intended to be a mid-term (10-20 year) improvment until which time construction of a full roundabout may be warranted. This project will need to be coordianted with the City of Coralville as half of the intersection is in their municpal boundary.

Expenditures

Total

2024

2025

2026

2027

2028

PLANNING/DESIGN

30,870

30,870

LAND/ROW ACQUISITION

5,000

5,000

CONSTRUCTION

212,100

212,100

INSPECTION

20,580

20,580

ADMINISTRATION

20,580

20,580

CONTINGENCY

30,870

30,870

320,000

320,000

Total

Funding Sources

Total

2024

2025

2026

2027

2028

OTHER LOCAL GOVERNMENTS

160,000

160,000

ROAD USE TAX FUND

160,000

160,000

320,000

320,000

Total

Budget Impact/Other This project will have no impact on operating budgets.

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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