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Capital Improvement Program 2011 rhru 2015 <br />City of Ramsey, Nlinnesota Department Street Improvements <br />Contact Unassigned <br />Project # 04 -STR -003 Type Improvement <br />Useful Life 20 Years <br />Project Name County Road 4116 (Dysprosium St. to CR 457) <br />Category Street Improvement <br />Priority 6- Planned <br />Status Active <br />Description Total Project Cost: $700,000 <br />this project includes the improvement of CR #116 by extending a four -lane divided median section from Dysprosium/Thurston 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 />Zoad #116 Study. <br />project will include trail construction, completing another link in the trail system. <br />City of Anoka Share = $200,000 <br />Anoka County Share = $2,900,000 <br />Approximate Total City Cost - 26% _ $700,000 <br />Justification <br />County Road #116 is a major east /west transportation link across Anoka County. This roadway provides access to the City's industrial land use <br />base which includes Business Park 95, the AEC Energy Park, the future areas south of the landfill and also to Ramsey Town Center. <br />Prior Exp 2011 2012 2013 2014 2015 T <br />100,000 Improvements Other than Build 600,000 600,000 <br />Total Total 600,000 600,000 <br />Prior Funding Sources <br />100,000 Tax Increment Fund #2 <br />Total <br />2011 2012 2013 2014 2015 <br />600,000 <br />Total 600,000 <br />600,000 <br />Revised 12,2010 <br />Total <br />600,000 <br />Page 228 <br />