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1993 - 2000 CAPITAL IMPROVEMENT PROGRAM <br /> <br />PROJECT DESCRIPTION <br /> <br />ROADWAY IMPROVEMENTS <br /> <br />Project #i - McKinley Street Projects <br /> <br />The McK.iniey Street projects, upon completion, will function as the frontage mad for the north <br />side of Highway #10. Although it is north of the Burlington Northern railway, this collector will <br />disperse primarily commercial and industrial traffic from loca] sources along Highway #10. tt is <br />contemplated that eventually this roadway will run from Armsn-ong Boulevard N.W. southeast to <br />the border with Anoka ,,,,5th the intent of connecting to Thurston Avenue as well as TrunS.: Highway <br />g47 within Anoka. Within this Capital Improvement Program, it is projected that improvement <br />along this corridor will occur in 1994, 1996, and 1998. It is expected that the east/west port:ions of <br />the project will be funded by Tax Increment and MSA proceeds and that an.',, north/south <br />connecting links will be assessment projects with 50% of project costs being assessed and the <br />other 50% being funded by Tax Increment proceeds. Within the 1998 time frame, it is projected <br />that the length between Tungsten Street N.W. and Basalt Street N.W. will ~ completed as an <br />east/west collector street and that two no,wJa./south Iinks with Coumy Road #t 16, one at Tungsten <br />Street N.W. and one at Azurite Street N.W., w/Il be completed as well. The entire project is <br />currently estimated at 5;1.d5 million with just over 23% designated as an assessment, <br />approximamly 63% fi-om Tax Increment proceeds, and appmximateiy 14% coming from the MSA <br />fund. <br /> <br />Pro_iec~ Year <br /> <br />McKA~ev Street N.W. from CounD, 1994 <br />Road #57 to Tungsten Street" ~ <br /> <br />Ammte Street N.W..f:mrn McKinley <br />Street to CounB, Road #116 <br /> <br />Tungsten Street N.W. from <br />McKinley Street to County Road <br />#1i6 <br /> <br />McKinley Street N.W. fi-om Count-), <br />Road #5'~ to Azm'ite Street <br /> <br />McKiniev Street N.W. from Azurim <br />Street N.%L to Basalt Street N.W. <br /> <br />!996 <br /> <br />1996 <br /> <br />1998 <br /> <br />1998 <br /> <br />430;000 <br /> <br />$ !30,000-Assessment <br />5; !30,000 - T][F <br /> <br />205,000 - Assessment <br />205,000 - ~ <br /> <br />5; 110,000 - MSA <br />5; 80,000 - TIF <br /> <br />95,000- MSA <br />65,000 - TfF <br /> <br />i,450,000 <br /> <br />Project ~ - Sunwood Drive Projects <br /> <br />Sunwood Drive is intended to be the local crosstown collector nmw. h of the McKJ. n_ley Street <br />projects and south of 153rd Avenue N.W. Sunwood Drive N.W. between Sunfish Lake <br />Boulevard N.W. and Trunk Highway .g47 will carry predominantly residential traffic. That <br /> <br /> <br />