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Capital Improvement Program <br />City of Ramsey, Minnesota <br />Project # 04 -STR -014 <br />Project Name RTC Bunker Lake Blvd (Armstrong to Ramsey Blvd) <br />Description <br />Justification <br />Revised 10 /2011 <br />Expenditures <br />Upgrades Bunker Lake Blvd between Armstrong and Ramsey Blvds, necessitated by the COR Development. Upgrades include traffic signals at <br />Town Center Drive. Offsite improvements include a traffic signal at Sunfish Lake Blvd. <br />Total Cost for Bunker Lake Blvd. _ $3,419,000 <br />Total Cost for Regional Roadway improvements = $14,607,860 <br />The construction of the COR will add additional traffic to Bunker Lake Blvd. This project will upgrade Armstrong Blvd and the intersection at <br />Bunker Lake and Hwy 10 to better handle the traffic. <br />See projects RTC Armstrong, RTC Hwy 10 and RTC Ramsey Blvd. <br />Improvements Other than Build 3,010,000 <br />Total <br />Funding Sources 2012 2013 2014 2015 2016 Total <br />Tax Increment Fund #14 3,010,000 3,010,000 <br />Total <br />2012 thru 2016 <br />Department Street Improvements <br />Contact Unassigned <br />Type Improvement <br />Useful Life 20 Years <br />Category Street Improvement <br />Priority 6- Planned <br />Status Active <br />Total Project Cost: 53,010,000 <br />2012 2013 2014 2015 2016 Total <br />3,010,000 <br />3,010,000 3,010,000 <br />3,010,000 3,010,000 <br />PAGE 249 <br />