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<br />Capital Improvement Program ' <br />City of Ramsey, Minnesota <br /> <br />2009 thru 2013 <br /> <br />Contact <br />Department Site Acquisitions <br /> <br />, <br />Project # 09-ACQ-OOl <br />Project Name Acquire SI11ithParcels <br /> <br />T)'pe Land <br />Useful Life <br /> <br />Ca tegol")' Site Acquisition <br />Prioriry nla <br /> <br />Description <br />Acquire parcels for park adjacent to Alpine Drive. <br /> <br />Total Project Cost $75,000 <br /> <br />JustificatiOll <br /> <br />I <br /> <br />These two parcels are encumbered by drainage and utility easements.> The owners asked for the easements to be vacated, after review it was <br />determined 'it was in the Cities best interest to retain the easements and pursue purchase of these lots. An appraisal was ordered and the owner <br />accepted the appraised amount, subject to a 2009 closing. <br /> <br />Expenditures <br /> <br />Land Acquisition <br /> <br />2009 ' <br />75,000 <br />75,000 . <br /> <br />2010 <br /> <br />2011 <br /> <br />2012 <br /> <br />2013 <br /> <br />Total <br />75,000 <br /> <br />75,000 <br /> <br />Total <br /> <br />Funding Sources <br />Park Improvement Trust Fund <br />Total <br /> <br />2009 . 2010 <br />75,000 <br />75,000 , <br /> <br />2011 <br /> <br />2012 <br /> <br />2013 <br /> <br />Total <br />75,000 <br /> <br />75,000 <br /> <br />Revi~P.n8 <br />