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Capital Improvement Program 2012 thru 2016 <br />City of Ramsey, Minnesota <br />Project # <br />07-PARK-001 <br />Project Name Village Square Commons <br />Description <br />Development of the 2-acre Village Square Commons in the COR <br />Justification <br />Department Park Improvements <br />Contact <br />Type Improvement <br />Useful Life 20 Years <br />Category Park Improvement <br />Priority 5 Future Consideration <br />Status Future Consideration <br />Total Project Cost: $3,000,000 <br />This urban park -space may be the most prominent park space within the COR - due to its visibility along Sunwood Drive, and its relationship to <br />the Municipal Center and transit hub. <br />Expenditures 2012 2013 2014 2015 2016 Total <br />Improvements Other than Build 3,000,000 3,000,000 <br />3,000,000 3,000,000 <br />Total <br />Funding Sources 2012 2013 2014 2015 2016 Total <br />GO Bonding 2,700,000 2,700,000 <br />Grants and Aids 300,000 300,000 <br />Total 3,000,000 3,000,000 <br />Revised 10/2011 <br />PAGE 135 <br />