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Capital Improvement Program <br />City of Ramsey, Minnesota <br />Project # PW-700 <br />Project Name NEW VELOCITY PATCH ER <br />2016 /hru 2020 <br />Type Equipment Department Eqpt Replacement <br />Useful Life 12 Contact <br />Category Eqpt Replacement <br />Description <br />Velocity patcher plus chassis <br />Justification <br />Status Active <br />Total Project Cost: $250,000 <br />This piece of equipment would be usedd for patching potholes on public streets. <br />Velocity patching or spray patching has proven to be an effective and safe way to fill potholes <br />Expenditures <br />Furnishings/Equipment <br />Total <br />2016 2017 2018 2019 2020 Total <br />250,000 250,000 <br />250,000 250,000 <br />Funding Sources 2016 2017 2018 2019 2020 Total <br />Capital Equipment Certificates 125,000 125,000 <br />Equipment Revolving Fund 125,000 125,000 <br />Total 250,000 250,000 <br />85 <br />