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Capital Improvement Program <br />City of Ramsey, Minnesota <br />2011 thru 2015 <br />Project # 10 -ACQ -003 <br />Project Name Vacant Healthquest Site <br />Department Site Acquisitions <br />Contact <br />Type Land <br />Useful Life <br />Category Site Acquisition <br />Priority 6- Planned <br />Status Active <br />Description Total Project Cost: $1,100,000 <br />14100 Sunfish Lake Blvd NW <br />PID#27- 32 -25 -44 -0012 <br />Justification <br />Redevelopment of property within Tax Increment Financing District No 2. <br />Property has been vacant since 2008 and has not been maintained. <br />Expenditures 2011 2012 2013 2014 2015 Total <br />Land Acquisition 1,100,000 1,100,000 <br />Total 1,100,000 1,100,000 <br />Funding Sources 2011 2012 2013 2014 2015 Total <br />Tax Increment Fund #2 1,100,000 1,100,000 <br />Total 1,100,000 1,100,000 <br />Revised 1212010 <br />Page 200 <br />