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Capital Improvement Program <br />City of Ramsey, Minnesota <br />Project # - <br />07-PARK-0O1 <br />Project Name Municipal PIaza <br />2016 Him 2020 <br />Type Improvement Department Park improvements <br />Useful Life 20 Years Contact <br />Category Park Improvement Priority 4 Future - Moderate <br />Description <br />Status Future Consideration <br />Total Project Cost: $3,000,000. <br />Development of the 2-acre Village Square Commons in The COR <br />Justification <br />This urban park -space maybe the most prominent park space within The COR - due to its visibility along Sunwood Drive, and its relationship to <br />the Municipal Center and transit hub. <br />Expenditures 2016 2017 2018 2019 2020 Total <br />improvements Other than 3,000,000 3,000,000 <br />Building Cost <br />Total <br />3,000,000 3,000,000 <br />Funding Sources . 2016 2017 . 2018 2019 2020 Total <br />GO Bonding (Road Funding) 2,700,000 2,700,000 <br />Grants and Aids . 300,000 300,000 <br />Total 3,000,000 3,000,000 <br />