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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 2016 Stepp Asphalt Patch Trailer. <br />Estimated auction return - $25,000 <br />Project #28-Eqp-004 <br />Priority 3 Important <br /> Justification <br />The patch trailer is used for street maintenance operations. This equipment will be 12 years old in 2028, near the end of its useful life and also with <br />a relativly high auction return. <br />Repair costs between 2019- 2022- $4,665 <br /> Budget Impact/Other <br />Useful Life 10-12 <br />Project Name Replace 2016 Stepp Asphalt Patch Trailer #121 Category Equipment: Public Works <br />Type Equipment <br />TCAAP No <br />Total Project Cost:$75,000 <br />Total2024 2025 2026 2027 2028Expenditures <br />75,00075,000Equip/Vehicles/Furnishings <br />75,000 75,000Total <br />Total2024 2025 2026 2027 2028Funding Sources <br />50,00050,000Equipment/Building <br />Replacement Fund <br />25,00025,000Trade-In Value <br />75,000 75,000Total <br />Produced Using the Plan-It Capital Planning Software <br />28