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Capital Improvement Proo_ram <br />CiD~ of Ramsey, Minnesota <br /> <br />2005 <br /> <br />04-ACQ-005 <br />Site Acquisition: South Highway l0 Frontage Road <br /> <br />r I <br />! Deschption <br /> <br /> Coil tiic~ <br /> Dep:u",me m Site <br /> <br /> Typr Land <br /> <br /> Useful Li <br /> <br /> C:~tegory Si[e.4cquismo~ <br /> <br />Total Project Cost S3ll4,820 <br /> <br />,Appr~x~n:ateiy six acres .~,r ,anu to oe purchased ibr industrial development purposes. <br />IArea required (acres) --- d.0 <br />Total uro~ect costs inciudin~ Land, ~* ~ = <br /> ' _ 5~r .... Sewer. Water and Storm Sewer $723,280 <br /> <br />Justification <br /> <br />Land acqt Jsifion required to implement South Highway i 0 Frontage Road system and to repiar prope~'70., to encourage <br />optimal development. <br /> <br />Expenditures _00~ 2006 2007 2008 2009 Total <br />Land ,Acquisition 304.820 304,820 <br /> Total 304,820 304,820 <br /> <br />Funding Sources 2005 2006 2007 2008 2009 Total <br /> <br />To Be Deiermlned <br /> <br />TotM 304,820 304.820 ' <br /> <br />76 <br /> <br /> <br />