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Capital Improvement Program 2016 thruu 2020 <br />City of Ramsey, Minnesota <br />Project # <br />15-STR-006 <br />Project Name Reconstruction of Streets -Ford Brook Estates <br />Type Improvement <br />Useful Life 60 Years <br />Category Street Improvement <br />Description <br />Reconstruction of streets in Ford Brook Estates. <br />Total Project Cost = $780,400 <br />Street Improvements: $618,700 <br />Storm Water Improvements: $161,800 <br />13 lots for possible assessment <br />Justification <br />Department Street Improvements <br />Contact <br />Status Active <br />Total Project Cost: <br />$618,700 <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 storm sewer. <br />Expenditures <br />Improvements Other than <br />Building Cost <br />Total <br />2016 2017 2018 2019 2020 Total <br />618,700 618,700 <br />618,700 618,700 <br />Funding Sources 2016 2017 2018 2019 2020 Total <br />GO Bonding (Road Funding) 534,200 534,200 <br />Special Assessment - Bonded 84,500 84,500 <br />Total 618,700 618,700 <br />155 <br />