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Capital Improvement Program <br />City of Ramsey, Minnesota <br />Project # 07- PARg_001 <br />Project Name Village Square Commons <br />Description <br />Revileft;4/07 <br />Expenditures <br />Development of the 2 -acre Village Square Commons in Ramsey Town Center. <br />Improvements Other than Build <br />2008 thru 2012 <br />Contact <br />Department Park Improvements <br />Type Improvement <br />Useful Life 20 Years <br />Category Park Improvement <br />Priority n/a <br />Total Project Cost $3,000,000 <br />Justification <br />This urban park -space may be the most prominent park space within the Town Center - due to its visibility along Sunwood Drive, and its <br />relationship to the Municipal Center and transit hub. Concept planning has been authorized to integrate the 300,000 amphitheater grant within this <br />key site. <br />2008 2009 2010 2011 2012 Total <br />3,000,000 3,000,000 <br />Total 3,000,000 3,000,000 <br />Funding Sources 2008 2009 2010 2011 2012 Total <br />GO Bonding 2,700,000 2,700,000 <br />Grants and Aids 300,000 300,000 <br />Total 3,000,000 3,000,000 <br />