Laserfiche WebLink
<br />Total Expended by City: <br />(Nov 2009. Jan 2010) <br /> <br />$119,863.02 <br /> <br />80% = $ 95,890.42 <br />20% = $ 23,972.60 <br /> <br />The estimated total cost by the end of January 2010 will be $ 1,171,464.40. This will leave <br />$379,930.60 remaining from the full federal grant amount of $1,551,395. <br /> <br />The City wants a Northstar Commuter Rail station located at Ramsey Town Center and has <br />been taking steps to make this possible. The City wants to continue Ramsey Star Express <br />service beyond the initiation of Northstar Commuter Rail service to continue to show the <br />potential ridership a Ramsey Town Center station would bring to the rail service and along the <br />corridor, <br /> <br />The City of Ramsey is requesting approval to spend the residual funds for capital costs beyond <br />the three year period (end of January 2010), Using the monthly average capital cost of <br />$18,233.90 the funds would support bus service for an additional 18 months (July 2011), or <br />could be used as a capital expenditure for the purchase of a vehicle. The City of Ramsey <br />understands that it will be responsible for funding, or finding alternative sources of funds, for <br />operational costs beyond the three year period. <br /> <br />We greatly appreciate your consideration of this request and are available to. answer any <br />questions you may have, . <br /> <br />Si~'~ . c:{) <br /> <br />~;; G. Ulrich <br />City Administrator <br /> <br />Cc: Gerry Weiss, Mn/DOT <br />