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Capital Improvement Program 2011 tliril 2015 <br />City of Ramsey, Minnesota Department Municipal Buildings <br />Contact <br />Project # 11- BLDG -002 Type Buildings <br />Useful Life 25 <br />Project Name Commuter Rail Station <br />Category Municipal Building <br />Priority 6- Planned <br />Status Active <br />Desciiption Total Project Cost: $15,000,000 <br />This project consists of the construction of a rail station to service the COR as a stop on the NorthStar Commuter Rail Line. <br />Justification <br />A stop on the NorthStar Commuter Rail Line will be a significant transportation advantage to the citizens of Ramsey and an economic stimulus to <br />the COR development. <br />Expenditures 2011 2012 2013 2014 2015 Total <br />Building Cost /Construction 15,000,000 15,000,000 <br />Total 15,000,000 15,000,000 <br />Funding Sources 2011 2012 2013 2014 2015 Total <br />GO Bonding 3,200,000 3,200,000 <br />Grants and Aids 11,800,000 11,800,000 <br />Total 15,000,000 <br />15,000,000 <br />Revised 12 2010 <br />Page 96 <br />