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Street lighting costs are based upon recent installations within the City of Ramsey. <br />For storm water management, costs were included for manholes, catch basins, and pipe within the <br />street sections. No costs for ponding were included for Phases 1, 2 and 4. For Phase 3, ponding costs <br />were included for excavation related activities. We assumed a ponding area would be acquired through <br />the platting process, and ponding within a development site would be expanded to include volume for <br />roadway drainage. <br />The Phase 2 limits are based upon the area that can be served by a gravity sanitary sewer system. The <br />Phase 3 sanitary sewer costs include a lift station and forcemain. <br />PROJECT FINANCING <br />Prepared by: Bolton & Menk, Inc. PROJECT FINANCING <br />City of Ramsey — Future Business Park Page 11 <br />