|
Capital Improvement Plan, City of Orono
<br />Public Works - Streets CIP Table A-5
<br />Project Type Comment(s) 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
<br />5-Year CIP Planning Period
<br />MSA Streets:
<br />Ferndale Road North (Shared with Plymouth)Mill & Overlay Financed by Plymouth- Payback ov $71,867 $71,867
<br />Brown Road North Mill and Overlay $348,000
<br />Old Crystal Bay Road (Watertown to Fox)Thin Overlay $88,000
<br />Future MSA road projects (per year)Mill and Overlay 2% inflation $400,000 $408,000 $416,160 $424,483 $432,973 $441,632
<br />Total MSA Streets:$71,867 $71,867 $0 $348,000 $488,000 $408,000 $416,160 $424,483 $432,973 $441,632
<br />MSA Debt Service $143,111 $139,661 $141,061 $141,945 $137,468 $137,687 $142,625
<br />Totals Streets $1,195,437 $2,429,053 $2,376,900 $1,265,800 $1,271,300 $1,581,000 $1,612,620 $1,644,872 $1,677,770 $1,711,325
<br />Notes: Pavement Funding remains a concern. A couple large pavement projects are recommended in the near term.
|