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10/28/03
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10/28/03
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Last modified
5/19/2025 3:57:48 PM
Creation date
10/27/2003 7:09:10 AM
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Meetings
Meeting Document Type
Agenda
Document Title
Finance Committee
Document Date
10/28/2003
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CITY OF RA'~¥1,qEY <br /> 2003-2007 <br /> <br /> CAPITAL IlVlPROV~lVlE~NT PROGRAM <br /> ? <br /> <br />PROJECT DESCRIPTION AtND LOCATION <br /> <br />The scope of the project i''q construction of a bituminous path from 164th Lane, .northerly to the <br /> <br />south end of the [200 foot Lake kasca boardwalk. <br /> <br />PRO,/ECT TITLE: Lake Itasca Boardwalk <br />PROJECT TYPE: Park Improvement <br />PROJECT YEAR: 2003 <br />TOTAL ESTIMATED COST: $19,_500 <br /> <br />PROJECT <br />Start Date <br /> <br /> 20 03 <br /> <br />PROJECT JUSTIFICAq~IOfq <br /> <br />With the platting of the North Fork Oaks 2nd Addition, the City received a dedication of <br />land from the existing boardwalk to [64th Lane. Residents continue to request the paving of this section. <br />This connecnon is the onl~ East/West trail or street route proposed between Autumn Heighr.q to the North and <br />the Lake kasca Trailhead to the' South.. The addition of this paved trail provides, direct access to Central Park for <br />esidents of North Fork, and conversely, access to the Lake ItaSca Trail to those to the east of this proposed connection. <br /> <br />Summary of Total Project Cozta: <br /> <br />A. Approximate total cost ~; <br />B. Cost already incurred $ <br />C. Balance of cost to complete $ <br /> Detail at'Total Cast Estimates <br /> I. Land Acquisition <br /> a. Site already acquired $ <br /> b. Site to be acquired $ <br /> c. Area required (acres) <br /> d. Total estimated cost <br /> <br /> 2. Building Cas~]Construcfion <br /> <br /> 3. Improvements. Other than Buildings Cost <br /> <br /> 4. Furnishings/Equipment <br /> <br />Source o£ Funding: <br /> <br />Total Project Costs <br /> <br />I. General Fund <br /> <br />2. Earl{ Trust Fund -Trail <br /> <br />3. Landfill Trust Fund <br /> <br />4. MSA <br /> <br />5. Lawful GamBling Fund <br /> <br />6. Tax Increment Fund <br /> <br />7. Public Improvement R.evolving Fund <br /> <br />8. Utilines (Storm Drainage) <br /> <br />9. Other <br /> a. Issuance of debt <br /> b. Sealcoatmg escrow <br /> c. Grants and aids <br /> cl. huer-Funtt ~oans <br /> e.. Development fees <br /> t: <br /> Total other <br /> <br />-470- <br /> <br />Total Sources of Funds <br /> <br />I9,500 <br /> <br />t9;500 <br /> <br />19,500 <br /> <br />$ 19,500 <br /> <br />$ 19;500~' <br /> <br />19,500 <br /> <br />IProposed-Expenditures bv Year~ <br /> 2002 <br /> 2002 $ <br /> 2003 $ 19,500 <br /> 2004 <br /> <br /> 2005 <br /> 2006 <br /> 2007 <br />TOTAL <br /> <br />· <br /> <br />,i <br /> <br /> <br />
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