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Capital Improvement Nogiam 2011 rhru 2015 <br />City of Ramsey, Minnesota Department Stormwater Utility <br />Contact Unassigned <br />Project # 04 -STRM -011 Type Improvement <br />Useful Life 50 Years <br />Project Name RTC Bunker Lake Blvd Armstron o Ramsey Blvd) Category Storm Water Utility Improvem <br />Priority 6- Planned <br />Status Active <br />Description Total Project Cost: $560,000 <br />7pgrades Bunker Lake Blvd between Armstrong and Ramsey Blvds, necessitated by Ramsey Town Center Development. Upgrades include traffic <br />signals at Rhinestone St., Town Center Drive and Zeolite Streets adjacent to RTC. Offsite improvements include a traffic signal at Sunfish Lake <br />total Cost for Bunker Lake Blvd. _ $3,419,000 <br />Total Cost for Regional Roadway improvements = $14,607,860 <br />3onded amount $560,000 (k 10 years A 5% int = $712 <br />Justification <br />The construction of Ramsey Town Center will add additional traffic to Bunker Lake Blvd. This project will upgrade Armstrong Blvd and the <br />ntersection at Bunker Lake and Hwy 10 to better handle the traffic. <br />See projects RTC Armstrong, RTC Hwy 10 and RTC Ramsey Blvd. <br />Exp 2011 2012 2013 2014 2015 T <br />Improvements Other than Build 560,000 560,000 <br />Total <br />560,000 <br />560,000 <br />Funding Sources 2011 2012 2013 2014 2015 Total <br />Storm Water Utility Fund 560,000 560,000 <br />Total 560,000 560,000 <br />Revised 1212010 <br />Page 210 <br />