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Capilal Improvemen~ P~ o..ram <br />Clp- of Ramsey, Minnesota <br /> <br />2005 <br /> <br />.'~'~, 2009 <br /> <br />Departmen~ <br /> <br />Acquisitions <br /> <br />Project Name <br /> <br />04-ACQ-002 <br /> <br />Site Acquisition: B&A Cylinder <br /> <br /> '['ypc Land <br /> <br />(]sct'u i'Lifc <br /> <br /> Priority <br /> <br /> , Total Project Cost $300,0/}0 <br /> Descnution <br /> <br />ApproximareLv 4.5 acres of iand ;o be purchased ior industrial deveiopmen; purposes. The parcel is ideated in the <br />i not%neasr corner of the intersection of Ramsev Boulevard and Buriin~on No~%ern Railroad ROW. <br />Area, ~.qtnr,~d ('acres) = 4.5 <br /> <br />[ Jus~iScation <br /> <br />iLand acquisition required to promote quaiiEv redevelopment adjacent to Town Center area and existing industrial parks. <br /> <br />Expenditures 2005 2006 2007 2008 200'9 Total <br />..~r~d Acau~si(fon 300,000 300.000 <br /> Total 300,000 <br /> <br />Funding Sources 2005 2006 2007 2008 2009 Total <br /> <br />To ~e Determined 3(101000 300,000 <br /> <br />Torai 30Q,O00 300,000 <br /> <br />72 <br /> <br /> <br />