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<br />Capital Improvement Program <br />City of Ramsey, Minnesota <br /> <br />2010 thru 2014 <br /> <br />Project # <br /> <br />04-STRM-Oll <br /> <br />Department Stormwater Utility <br />Contact UnaSsigned <br />Type Improvement . <br />Useful Lite sO Years <br />Category Storm Water Utility Improvem <br />Priority nJa <br /> <br />ProjectName RTC Bunker Lake Blvd (Armstrong to Ramsey Blvd) <br /> <br />Description <br /> <br />Upgrades Bunker Lake l?lvd between Armstrong and Ramsey Blvds, necessitated by Ramsey Town Center Development. Upgrades include traffic <br />signals at Rhinestone St., Town center Drive and Zeolite Street~ adjacent to RTC. Offsite improvements include a traffic signal at Sunfish Lake . <br />Blvd. . . <br /> <br />Total Project Cost: $560,~00 <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 5% int =.$712,710 <br /> <br />Justification <br /> <br />The construction of Ramsey Town Center will add additional traffic to Bunker Lake Blvd. This project will upgrade Armstrorig Blvd and the <br />intersection at Bunker Lake and Hwy lO to better handle the traffic. <br /> <br /> <br />See <br /> <br /> <br />10 and RTC Ramse Blvd. <br /> <br />Expenditures 2010 <br />Improvements Other than Build <br /> <br />Total <br /> <br />2011 <br /> <br />2012 <br />560,000 <br />.560,000 <br /> <br />2013 <br /> <br />2014 <br /> <br />Total <br />560,000 <br /> <br />560,000 <br /> <br />. <br /> <br />. Funding Sources . 2010 <br />Storm Water Utility Fund <br /> <br />2011 <br /> <br />2012 . <br />560,000 <br />. 560,000 <br /> <br />2013 <br /> <br />2014 <br /> <br />Total <br />560,000 <br /> <br />560,000 <br /> <br />Total <br /> <br />. <br /> <br />. Revised 12/09 <br /> <br />218 <br />