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<br />Capital Improvement Program <br />City of Ramsey, Minnesota <br /> <br />2009 thru 2013 <br /> <br />Contact Unassigned <br />Department Storm water Utility <br /> <br />. , . <br />Project # 04-STRM-Oll <br />Project NamcRTC Bunker Lake Blvd (Armstrong to Ramsey Blvd) <br /> <br />.Type Improvement <br />Useful Life 50 Years <br />Category ?torm Water Utility Improvem <br />Priority nla <br /> <br />Description . I <br /> <br />Upgrades Bunker Lake Blvd between Armstrong and Ramsey Blvds, .necessitl'ited by Ramsey Town Center Development. Upgrades include traffic <br />signals at Rhinestone St., Town Center Drive and Zeolite Streets adjacent to RTC. Offsite improvem~nts include a traffic signal at Sunfish Lake <br />Blvd. . <br /> <br />Total Project Cost $560,000 <br /> <br />Total Cost for Bunker Lake Blvd. = $3,419,000 <br />Total Cost for Regional Roadway improvements = $14,607,860 <br /> <br />Bonded amount $560,000 @ 10 years @ 5% int~ $712,710 <br /> <br />Justification <br /> <br />The constr\lction of Ramsey Town Center will add additi.onaltraffic to Bunker Lake Blvd. This project will upgrade Armstrong Blvd and the <br />intersection at Bunker Lake and Hwy 10 to better handle the traffic. <br /> <br />See rojects RTC Armstron , RTC Hwy 10 and RTC Ramse Blvd. <br /> <br />Expenditures 2009 <br /> <br />Improvements Other than Build <br /> <br />Total <br /> <br />2010 <br /> <br />2011 <br />560,000 <br />.560,000 <br /> <br />2012 <br /> <br />2013 <br /> <br />Total <br />560,000 <br /> <br />560,000 <br /> <br />Funding Sources 2009 <br /> <br />Storm Water Utility Fund <br /> <br />. 2010 <br /> <br />2011 <br />560,000 <br /> <br />560,000 <br /> <br />2012 <br /> <br />2013 <br /> <br />Total <br />560,000 <br /> <br />. 560,000 <br /> <br />Total <br /> <br />'1 <br /> <br />Rev;;[Z2lOJ8 <br />