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Capkal ]improvement Program <br />CiD' of Ramsey, Mirmesora <br /> <br />2005 ~',-'5;'z, 2009 <br /> <br />I' ~,~, ~,:~..* 05-ACQ-002 <br />Project Nam,: Perkins Acquisition <br /> <br />Desc~ption <br /> <br />Department Site ~.cc)uisitions <br /> <br /> Type Land <br /> <br />U~efot bile <br /> <br /> Category Site Acquisition <br /> <br />Priority n/a <br /> <br />Total Project Cost $210,00fl <br /> <br />iProoe~ i~ [ocated in TiF District~.:~" The ac,quiskion is part or a significant redevelopment effort in T~ <br /> <br />Justification <br /> <br />This prope~w lies within TiF District ~2 and has been identified as in need of redevelopment. <br /> <br />Expen ditu res 2005 2006 200'7 2008 2009 Total <br />Land :,cqu~sido~ 210,000 210,000 <br /> TotaJ 210,000 210,000 <br /> <br /> -, .=, -~00~ <br />Funding Sources .00~ 2006 2007 2008 , ~ Total <br /> <br />Tax increment Fund #2 2i0,000 2!0,000 <br /> <br />Totai 2~o.ooo 21o,ooo <br /> <br />82 <br /> <br /> <br />