Village of Bensenville CY2014 Community Investment Plan Project Information Title Project # Account # Location Department Type Useful Life
Project Snapshot
LED Streetlight Upgrades 31080810‐596000 Various Public Works CIP ‐ Streets & Highways 25 Years
CY 14 Total Cost: $120,000 Description This project would upgrade all of our current Sternberg fixtures which represent approximately 1/3 of all Village owned street lights to LED. Currently we have a grant filed and are awaiting to hear if it has been awarded. We have requested $120,000.00 out of the $175,000.00 needed to complete the project as the rest will be covered by the grant should it be awarded to us. Payback on these fixtures will be approximately five years due to savings in electricity as well as man‐ hours and equipment. Justification LED fixtures provide a whiter light which has been shown to provide better vision at night, this will also reduce our energy costs for these fixtures by 70%. In addition these fixtures require no maintenance and will last for approximately 15 to 20 years before they will need to be replaced.
Capital Expenditures Proj. Mgmt Design Construction Total Expenditures:
Prior ‐ ‐ ‐ ‐
2014 ‐ ‐ 175,000 175,000
2015 ‐ ‐ ‐ ‐
2016 ‐ ‐ ‐ ‐
2017 ‐ ‐ ‐ ‐
2018 ‐ ‐ ‐ ‐
Total ‐ ‐ 175,000 175,000
Revenues CIP Fund Balance Grant Unfunded Total Revenues:
Prior ‐ ‐ ‐ ‐
2014 120,000 55,000 ‐ 175,000
2015 ‐ ‐ ‐ ‐
2016 ‐ ‐ ‐ ‐
2017 ‐ ‐ ‐ ‐
2018 ‐ ‐ ‐ ‐
Total 120,000 55,000 ‐ 175,000
Impact on Operating Budget This program will create additional maintenance responsibilities within our Streets/Forestry Department. Additional budget will likely be necessary in Operations to account for parts and replacement costs.
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