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Capital Improvement Program <br />City of Ramsey, Minnesota <br />2013 thrir 2017 <br />Project # 07-PARK-001 <br />Project Name Village Square Commons <br />Description <br />Department <br />Contact <br />Type <br />Useful Life <br />Category <br />Priority <br />Status <br />Total Project Cost: <br />Park Improvements <br />Improvement <br />20 Years <br />Park Improvement <br />6-Planned <br />Active <br />$3,000,000 <br />Development of the 2-acre Village Square Commons in the COR <br />Justification <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 2013 <br />2014 <br />2015 <br />2016 2017 <br />Total <br />Improvements Other than Build <br />3,000,000 <br />3,000,000 <br />Total <br />3,000,000 <br />3,000,000 <br />Funding Sources 2013 2014 2015 <br />2016 2017 <br />Total <br />GO Bonding <br />Grants and Aids <br />2,700,000 <br />300,000 <br />2,700,000 <br />300,000 <br />Total <br />3,000,000 <br />3,000,000 <br />Revised 10/2012 <br />PAGE 138 <br />