Beaver Dam Adopts Capital Improvements Plan

2/21/17 – The Beaver Dam Common Council last night approved the city’s five-year borrowing plan on an 11-to-1 vote. The Capital Improvements Plan, or CIP, maps out equipment purchases, infrastructure improvements and street repairs over five years while locking-in spending for the current year.  The city will again borrow $1.6-million this year for CIP projects. More money was available for roads than originally projected because less money is being borrowed for water rescue equipment than originally planned. The townships that contract rescue service with the city fire department agreed to pay $50-thousand of the $225-thousand needed for the upgrades. In the CIP for 2017, road project funding is $57-thousand dollars higher than when first proposed at $684-thousand dollars. Spending for general concrete street rehabilitation increased $14-thousand dollars to $184-thousand. The CIP also includes concrete reconstruction of West Mackie Street behind the middle school along with a mill and overlay of North Lincoln Avenue. A $150-thousand-dollar elevated walkway to Edgewater Park was moved from this year to next year. Meanwhile, the $44-thousand dollar resurfacing of the tennis courts at Lincoln Park was moved up from 2018 to this year. Other road work being funded this year includes: $55-thousand dollars to sealcoat various streets and $64-thousand dollars to repave the library parking lot. Looking ahead, the city is currently planning to borrow $1-million dollars in both 2018 and 2019 for a new splash pad to replace the aging pool at Swan Park.