Laserfiche WebLink
<br />Capital Improvement Program <br /> <br />City of Ramsey, Minnesota <br /> <br />2010 thru 2014 <br /> <br />Project # <br /> <br />06-ACQ-002 <br /> <br />Project Name Acquir~ outlots "A" in Rivers Bluff and Reilly. Est <br /> <br />Department Site Acquisitions <br />Contact <br />Type Land <br />Useful Life Unassigned <br />Category Site Acquisition <br />Priority nJa <br /> <br />Total Project .Cost: $20,000 <br /> <br />Description <br /> <br />Along the Rum River in the central part of the city are separate.outlots owned by two homeowners associations. Both are very attractive, wooded <br />parcels and connected to existing trail corridors. This project may entail the donation of the land in exqhange for passive improvements such as <br />trails, icnic areas or fishing. <br /> <br />Justification <br /> <br />The associations would beI).efit by realizing these amenities near their homes. The $20,000 expense represents an estimate for real-estate <br />transaction costs, and erha s ark lanning to romote the donation. The ark lans would generate the develo ment cost projections. <br /> <br />Exp~nditures <br />Land Acquisition <br /> <br />2010 <br /> <br />2011 <br /> <br />2012 <br /> <br />.2013 <br />20,000 <br />20,000 <br /> <br />Total <br /> <br />.2014 <br /> <br />Total <br />20,000 <br /> <br />20,000 <br /> <br />Funding Sources 2010 <br /> <br />Park Improvement Trust Fund <br /> <br />Total <br /> <br />2011 <br /> <br />2013 <br />20,000 . <br /> <br />20,000 <br /> <br />2012 <br /> <br />2014 ' <br /> <br />Total <br />20,000 <br /> <br />20,000 <br /> <br />. <br /> <br />.0 <br /> <br />. <br /> <br />Revised 12/09 <br /> <br />186 <br />