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Capital Improvement Program 2016 thru 2020 <br /> City of Ramsey, Minnesota <br /> Project# 15-STR-006 <br /> Project Name Reconstruction of Streets-Ford Brook Estates <br /> Type Improvement Department Street Improvements <br /> Useful Life 60 Years Contact <br /> Category Street Improvement Priority 3-Existing Obligation(Med) <br /> Status Active <br /> Description Total Project Cost: $618,700 <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 /> 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 2016 2017 2018 2019 2020 Total <br /> Improvements Other than 618,700 618,700 <br /> Building Cost <br /> Total 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 /> 129 <br />