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1993 - 1998 CAPITAL IMPROVEMENT PROGRAM <br /> PROJECT DESCRIPTION <br /> <br />ROADWAY IMPROVEMENTS <br /> <br />Project #1 - McKinley Street Projects <br /> <br />The McKinley Street projects, upon completion, will function as the frontage mad for the north <br />side of Highway #10. Although it is north of the Burlington Northern railway, this collector will <br />disperse primarily commercial and industrial traffic from local sources along Highway #10. It is <br />contemplated that eventually this roadway will run from Armstrong Boulevard N.W. southeast to <br />the border with Anoka with the intent of connecting to Thurston Avenue as well as Trunk Highway <br />#47 within Anoka. Within this Capital Improvement Program, it is projected that improvement <br />along this corridor will occur in 1994 and 1996. It is expected that the east/west portions of the <br />project will be funded by Tax Increment and MSA proceeds and that any north/south connecting <br />links will be assessment projects with 50% of project costs being assessed and the other 50% <br />being funded by Tax Increment proceeds. Within the 1998 time frame, it is projected that the <br />length between Tungsten Street N.W. and Basalt Street N.W. will be completed as an east/west <br />collector street and that two north/south links with County Road #116, one at Tungsten Street <br />N.W. and one at Azurite Street N.W., will be completed as well. The entire project is currently <br />estimated at $1.45 million with just over 23% designated as an assessment, approximately 63% <br />from Tax Increment proceeds, and approximately 14% coming from the MSA fund. <br /> <br />Project <br /> <br />McKinley Street N.W. from County <br />Road #57 to Tungsten Street N.W. <br /> <br />McKinley Street N.W. from County <br />Road #57 to Azurite Street N.W. <br /> <br />McKinley Street N.W. from Azurite <br />Street N.W. to Basalt Street N.W. <br /> <br />Azurite Street N.W. from McKinley <br />Street to County Road #116 <br /> <br />Tungsten Street N.W. from <br />McKinley Street to County Road <br />#116 <br /> <br />1994 $ 430,000 - TIF <br /> <br />1996 $110,000 - MSA <br /> $ 80,0OO - TIF <br /> <br />1996 $ 95,0OO - MSA <br /> $ 65,000 - ~ <br /> <br />1996 $ I30,000-Assessment <br /> $ I30,000 - TIF <br /> <br />1996 $ 205,000 - Assessment <br /> $ 205,0OO - TIF <br /> <br />$ t,450,000 <br /> <br />Project g2 - Sunfish Lake Drive Projects <br /> <br />Sunfish Lake Drive is intended to be the local crosstown collector north of the McKinley Street <br />projects and south of 153rd Avenue N.W. Sunfish Lake Drive N.W. between Sunfish Lake <br />Boulevard N.W. and Trunk Highway ~47 will carry predominantly residential u'affic. That <br />portion between Sunfish Lake Drive N.W. and Ramsey Boulevard N.W. will be more commercial <br /> <br /> <br />