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Capital Improvement Nogiam 2011 rhru 2015 <br />City of Ramsey, Minnesota Department Sewer Utility <br />Contact Unassigned <br />Project # 05- SEW -001 Type Improvement <br />Useful Life 50 Years <br />Project Name Northeast Sanitary wer & Watermain Ext <br />3' Category Sewer Utility Improvement <br />Priority 6- Planned <br />Status Active <br />Description Total Project Cost: $3,495,805 <br />ro provide municipal sanitary sewer and water service to a service area northeast of its current location south of the intersection of Sunfish <br />3oulevard and Nowthen Boulevard. <br />total Cost $3,495,805 (20 year (a,4.5 %) $5,374,880 with interest <br />Justification <br />The City has had a feasibility study prepared that has indentified the alignment of sewer and watermain necessary to service this property. The <br />- edevelopment of the 167th and TH 47 area has been identified as a Strategic development goal. <br />Expenditures 2011 2012 2013 2014 2015 Total <br />Improvements Other than Build 3,495,805 3,495,805 <br />Total 3,495,805 <br />3,495,805 <br />Funding Sources 2011 2012 2013 2014 2015 Total <br />Revenue Bonding 3,495,805 3,495,805 <br />Total <br />3,495,805 <br />3,495,805 <br />Revised 12,2010 <br />Page 166 <br />