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Phase 5 - Construct Well 11. Well to be on-line by 2026. Estimated Cost: <br />$900,000. <br />Phase 6 - Construct Well 12. Well to be on-line by 2030. Estimated Cost: <br />900,000. <br />Figure 4.2 shows the timing required for construction of the wells and treatment facility <br />improvement to meet project water demand. Total capital investment for this alternative <br />is estimated to be $31,700,000. <br />City of Ramsey, Minnesota — RI3.104504 Page 26 <br />Comprehensive Water System Study Prepared by Bolton & Menk, Inc. <br />