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Capital Improvement Plan <br />City of Arden Hills, Minnesota Contact Public Works Director <br />2024 2028 <br />thru Department Equipment <br /> Description <br />Replace 1998 Leroi tow behind Air Compressor. <br />Hours 553 <br />Estimated auction return - $1,500 <br />Project #28-Eqp-003 <br />Priority 3 Important <br /> Justification <br />This piece of equipment is used for street and irrigation maintenance. In 2028, this equipment will be 30 years old and past its useful life. <br />Repair costs between 2019- 2022- $1,250 <br /> Budget Impact/Other <br />Useful Life 30 <br />Project Name Replace 1998 Tow Behind Air Compressor #107 Category Equipment: Public Works <br />Type Equipment <br />TCAAP No <br />Total Project Cost:$35,000 <br />Total2024 2025 2026 2027 2028Expenditures <br />35,00035,000Equip/Vehicles/Furnishings <br />35,000 35,000Total <br />Total2024 2025 2026 2027 2028Funding Sources <br />33,50033,500Equipment/Building <br />Replacement Fund <br />1,5001,500Trade-In Value <br />35,000 35,000Total <br />Produced Using the Plan-It Capital Planning Software <br />27