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Capital Improvement Program 2016 thru 2020 <br /> City of Ramsey, Minnesota <br /> Project# 15-STR-002 <br /> Project Name Andrie Street/164th Lane Reconstruction <br /> Type Improvement Department Street Improvements <br /> Useful Life 60 Years Contact <br /> Category Street Improvement Priority 1-Existing Obligation(High) <br /> Status Active <br /> Description 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 2016 2017 2018 2019 2020 Total <br /> Improvements Other than 2,378,000 2,378,000 <br /> Building Cost <br /> Total 2,378,000 2,378,000 <br /> Funding Sources 2016 2017 2018 2019 2020 Total <br /> GO Bonding(Road Funding) 1,748,500 1,748,500 <br /> Public Improvement Revolving 35,000 35,000 <br /> Fund <br /> Special Assessment-Bonded 594,500 594,500 <br /> Total 2,378,000 2,378,000 <br /> 127 <br />