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EXECUTIVE SUMMARY The Ramsey City Council and Ramsey Economic Development Authority have identified the need to prepare for the development of a new business park within the City. The City is targeting a large area of privately owned green -field space located on the north side of Trunk Highway 10, west of Armstrong Boulevard, for a future Ramsey Business Park. The primary roadway system serving the area is Bunker Lake Boulevard and Puma Street. This analysis included studying traffic impacts resulting from the future business park (along with other users), examining the feasibility of constructing supporting infrastructure, and developing preliminary design layout plans. A portion of the public improvements required to serve the area were completed in 2011. The street and utility improvements completed at that time included construction of the north side of Bunker Lake Boulevard and extension of sanitary sewer and watermain into the area. Future improvements required to serve the area include: • Expansion of Bunker Lake Boulevard (west of Armstrong Boulevard) to a four lane section, • Expansion of the west end of Bunker Lake Boulevard and Puma Street to three lane sections, • Construction of right turn lanes at entrances, • Extension of an 18 -inch sanitary sewer line along Bunker Lake Boulevard and Puma Street, • North of the Puma Street/Bunker Lake Boulevard intersection, construction a lift station, • North of the lift station, extension of a 12 -inch sanitary sewer gravity main, • Extension of a 16 -inch water main along Bunker Lake Boulevard and Puma Street, • Use of regional rate control basins to maintaining existing flow rates into the COR, • Installation of street lighting, trails/sidewalks, and landscaping consistent with City Policy, and • Obtaining of ROW required for improvements during the platting process. Total costs for all public improvements is approximately $6,752,000, assuming the project is constructed in three phases. The costs are considered project costs and include 30% contingencies and project development costs (administrative, engineering, and fiscal). Costs related to trunk sanitary sewer and trunk watermain were assumed to be paid from City utility funds. The City will need to develop a funding strategy for the remaining $5,414,000 in public improvement costs. Several strategies for consideration are included in the report. The information presented in this report is intended to allow for discussions with property owners and developers, as well as allow the City to begin considering funding options. Prepared by: Bolton & Menk, Inc. EXECUTIVE SUMMARY City of Ramsey — Future Business Park Page i