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1993 - 2000 CAPITAL IMPROVEMENT PROGRAM <br /> <br />PROJECT DESCRIPTION <br /> <br />ROADWAY IMPROVEMENTS <br /> <br />Project gl - McKinley Street Projects <br /> <br />The McKinley Street projects, upon completion, will function as the frontage road for the north <br />side of Highway gl0. Although it is north of the Burlington Northern railway, this collector will <br />disperse primarily commercial and industrial traffic from local sources along Highway gl0. It is <br />contemplated that eventually this roadway will mn 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 />g47 within Anoka. Within this Capital Improvement Program, it is projected that improvement <br />along this corridor will occur in 1994, 1996, and 1998. It is expected that the east/west portions of <br />the project will be funded by Tax Increment and MSA proceeds and that any north/south <br />connecting links will be assessment projects with 50% of project costs being assessed and the <br />other 50% being funded by Tax Increment proceeds. Within the 1998 time frame, it is projected <br />that the length between Tungsten Street N.W. and Basalt Street N.W. will be completed as an <br />east/west collector street and that two north/south links with County Road gl 16, one at Tungsten <br />Street N.W. and one at Azurite Street N.W., will be completed as well. The entire project is <br />currently estimated at $1.45 million with just over 23% designated as an assessment, <br />approximately 63% from Tax Increment proceeds, and approximately 14% coming from the MSA <br />fund. <br /> <br />Proiect Year <br /> <br />McKinley Street N.W. from County 1994 <br />Road g57 to Tungsten Street N.W. <br /> <br />Azurite Street N.W. from McKinley <br />Street to County Road gl 16 <br /> <br />Tungsten Street N.W. from <br />McKinley Street to County Road <br />#116 <br /> <br />McKinley Street N.W. from County <br />Road #57 to Azurite Street N.W. <br /> <br />McKinley Street N.W. from Azurite <br />Street N.W. to Basalt Street N.W. <br /> <br />1996 <br /> <br />1996 <br /> <br />1998 <br /> <br />1998 <br /> <br />$ 430~000 - TIF <br /> <br />$130,000-Assessment <br />$130,000 - TIF <br /> <br />$ 205,000 - Assessment <br />$ 205,000 - TIF <br /> <br />$110,000 - MSA <br />$ 80,000 - TIF <br /> <br />$ 95,000 - MSA <br />$ 65,000 - TIF <br /> <br />$1,450,000 <br /> <br />Project g2 - Sunwood Drive Projects <br /> <br />Sunwood Drive is intended to be the local crosstown collector north of the McKinley Street <br />projects and south of 153rd Avenue N.W. Sunwood Drive N.W. between Sunfish Lake <br />'Boulevard N.W. and Trunk Highway g47 will carry predominantly residential traffic. That <br /> <br /> <br />