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Capital Improvement Program <br />City of Ramsey, Minnesota <br />2016 dim 2020 <br />Project # 15-STR-002 <br />Project Name Andrie Street/164th Lane Reconstruction <br />Type Improvement <br />Useful Life 60 Years <br />Category Street Improvement <br />Department Street Improvements <br />Contact <br />Status Active <br />Description <br />Total Project Cost: $2,378,000 <br />Includes reconstruction of Andrie Street and 164th Lane between Alpine Drive and Jarvis Street, including an 8 -foot parking lane on one side <br />only. Widening of road by two -feet is non -bond eligible.. <br />Total Project Cost = $2,905,000 <br />Street Improvement: $2,378,000 ($35,000 for 2 -ft road widening) <br />Storm Improvement: $527,000 <br />65 properties eligible for special assessments <br />Justification <br />These streets are in poor condition and require reconstruction. The pavement has deteriorated beyond the point where an overlay could be <br />applied. This project will install concrete curb and gutter and an on -street bike lane. Storm sewer will be added where necessary to protect the <br />pavement. The current roadway has standing water during certain seasons which weakens the pavement. <br />25% Assessment <br />Expenditures <br />2016 2017 2018 2019 2020 Total <br />Improvements Other than 2,378,000 <br />Building Cost <br />2,378,000 <br />Funding Sources <br />Total 2,378,000 <br />2,378,000 <br />2016 2017 2018 2019 2020 Total <br />GO Bonding (Road Funding) 1,748,500 <br />Public Improvement Revolving 35,000 <br />Fund <br />Special Assessment - Bonded 594,500 <br />1,748,500 <br />35,000 <br />594,500 <br />Total 2,378,000 <br />2,378,000 <br />152 <br />