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Project# 15-STR-006 <br />Pr oject Name Reconstruction of Stre ets-F ord Brook Est ates/Hy 10 <br />Description <br />Total Cost $1,740,400 <br />Reconstruction of streets in Ford Brook Estates & Hy 10 Ramsey, West of Highway 47/St Francis Blvd <br />Total Project Cost = $1,740,400 <br />Street Improvements $1,566,360 <br />Storm Water Improvements $174,040 <br />20 lots for possible assessment <br />Justification <br />Depa rtment Street Improvements <br />Cont act <br />Type Improvement <br />Useful Life 60 Years <br />Category Street Improvement <br />Priority 1-Existing Obligation (High) <br />Status Active <br />These streets are in poor condition and require reconstruction The pavement has deteriorated beyond the point where an overlay could be applied This project will install concrete curb and <br />gutter and storm sewer <br />Look at Possibility of Using MSA or PIR funds for portion of costs instead of bondmg <br />Expenditures 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 Total <br />Improvements Other than 1,740,400 1,740,400 <br />Building Cost <br />Total 1,740,400 1,740,400 <br />Fun ding Sources <br />Special Assessment - <br />Bonded <br />Storm Water Utility Fund <br />GO Bonding (Road <br />Funding) <br />Total <br />2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 Total <br />391,590 391,590 <br />174,040 <br />1,174,770 <br />174,040 <br />1,174,770 <br />1,740,400 1,740,400 <br />220 <br />