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Capital Ilnplrovement Program 2008 rhrtc 2012 = <br />Contact .Unassigned <br />City of Ramsey,Minnesota Department Water Utility <br />Type Buildings <br />Useful Life 50 Years <br />Category Water Utility Improvement <br />n/ <br />Priority a <br />Total Project Cost 518,400,000 <br />Description <br />of an 8.1 MGD water treatment plant ich will draw whwater from a river bank collection system. <br />This project anticipates the construction <br />Principal $18,400,000 <br />Interest $ 9,589,631 (20 yrs @ 4.5%) <br />$27,989,631 <br />Justification <br />This treatment plant will provide more aesthetically pleasing water, eliminate staining, reduce fouling of water softness and improve the taste and <br />benefit. <br />odor of the water. With iron removed, the use of of ho <br />hate can be reduced or eliminated, resulting in an environmental <br />Expenditures 2008 <br />2009 2010. - 2011 •2012 Total <br />Building Cost/Construction 1,000,000 <br />8,700,000 8,700,000 18,400,000 <br />Total 1,000,000 <br />8,700,000 8,700,000 18,400,000 <br />Funding Sources 2008 <br />2009 2010 2011 2012 Total <br />Revenue Bonding 11000,000 <br />8,700,000 8,700,000 18,400,000 <br />Total 1,000,000 <br />8,700,000 8,700,000 18,400,000 <br />