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Capital Improvement Program 2014 thru 2018 <br />City of Ramsey, Minnesota <br />Project # 04-STR-001 <br />Project Name Annual Street Reconstruction Program <br />Description <br />Department Street Improvements <br />Contact Unassigned <br />Type Improvement <br />Useful Life 7 Years <br />Category Municipal Building <br />Priority 6-Planned <br />Status Active <br />Total Project Cost: $9,800,000 <br />Each paved street within the City is scheduled to receive preventative maintenance on a regularly scheduled basis. <br />Justification <br />Regular scheduled maintenance safeguards the considerable investment the City has in its pavements by maximizing pavement life and minimizing <br />emergency repairs. <br />Expenditures <br />Improvements Other than Build <br />Total <br />2014 2015 2016 2017 2018 Total <br />1,000,000 2,200,000 2,200,000 2,200,000 2,200,000 9,800,000 <br />1,000,000 2,200,000 2,200,000 2,200,000 2,200,000 9,800,000 <br />Funding Sources 2014 2015 2016 2017 2018 Total <br />Franchise Fee 500,000 1,700,000 1,700,000 1,700,000 1,700,000 7,300,000 <br />General Fund 500,000 500,000 500,000 500,000 500,000 2,500,000 <br />Total 1,000,000 2,200,000 2,200,000 2,200,000 2,200,000 9,800,000 <br />Revised 10/2012 <br />