Agenda - Council - 07/28/1998 - Laserfiche WebLink

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-2- Highway Number 23 and County State Aid Highway Number 32 at 1-35W. Many of these projects will require additional funding from other sources such as the local unit of government, Mn/DOT or federal funds. Anoka County will continue to attempt to maximize use of outside funds for these projects, as the opportunity becomes available through the region wide solicitation. You will note that by looking at Page 32 and 34 that the program set forth in this document is fairly well balanced financially through the year 2002, however, some over programming is shown in calendar year 2003. This balancing of funds also assumes City, State, and Federal participation in a number of projects as highlighted in the financial summary on the bottom of each annual listing of projects. Part 3 of the document beginning on Page 37 highlights other projects. These include approximately $47 million dollars in projects that have been requested by local units of government throughout the County. These projects have been assigned a project year of 2010. Other projects identified on Pages 42 -44 of the document depict approximately $86 million dollars in additional projects which have been identified as desirable. These projects will remain on this list until projects shown on Page 41 have been completed or until these projects are brought to the forefront by a demonstrated need for the project as well as appropriate funding participation's by all units of government. It must be pointed out as indicated in the introductory letter found on Pages t - 4 of the document, that the sale of bonds in 1999 and 2001 will result in heavy payments for those bonds in future years. These payments are highlighted again in the financial summary at the bottom of each annual listing of projects and will have a significant impact on the County's ability to respond to other needs not shown in this document in future years through the year 2012. If you have questions regarding this document, please feel free to contact my staff or myself at 862-4200. xc: Anoka County Commissioners 3 5 YEAR PLAN I I I I I I i I I I I I I I I I I