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<br />Capital Improvement Program <br /> <br />City of Ramsey, Minnesota <br /> <br />2010 thru 2014 <br /> <br />Department Street Improvements <br />Contact Unassigned <br />Type Improvement <br />Useful Life 20 Years <br />Category Street Improvement <br />Priority n/a <br /> <br />04-STR-003 <br /> <br />Project Name County Road #116 (Dysprosium St. to CR #57), <br /> <br />Total Project Cost: $700,000 <br /> <br />Description <br /> <br />This project includes the improvement ofCR #116 by extending a folir-Iane divided median section from DysproshimfThurston Street to CR #57. <br />This projeCt also anticipates the signalization of County Road #57/County Road #116 intersection and a trail. This project is a result of the County <br />Road #116 Study. <br /> <br />The project will include trail construction, completing another link in the trail system. <br /> <br />City of Anoka Share = $200,000 <br />Anoka County Share = $2,900,000 <br />A roximate Total City Cost - 26% = $700,000 <br /> <br />. Justification <br /> <br />County Road # 116 is a major east/west transportation link across AnokaCounty. This roadway provides access to the City's industrial land use <br />base which includes Business Park 95, the ABC Energy Park, the future areas south ofthe landfill and also to Ramsey Town Center. <br /> <br />Expenditures 2010- 2011 2012 2013 2014 Total <br />Land Acquisition 100,000 100,000 <br />Improvements other than Build 600,000 600,000 <br />Total 100,000 600,000 ' 700,000 <br /> <br />Funding Sources 2010 2011 2012 2013 2014 Total <br />Tax Increnient Fund #2 100,000 100,000 <br />To Be Determined 600,000 600,000 <br />Total 1 QO,OOO 600,000 700,000 <br /> <br />Revised 12/09 <br /> <br />236 <br /> <br />'. <br /> <br />. <br /> <br />. <br />