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TABLE 1 <br />Proposed Preliminary Assessments —180tb Lane, and Krypton Street <br />STREET SEGMENT <br />180th Lane Residential Assessment <br />ASSESSMENT No. OF TOTAL <br />PER LOT LOTS ASSESSMENTS <br />$3,919.90 4 $15,679.60 <br />Krypton Street Residential Assessment $3,919.90 <br />TOTAL PROJECT ASSESSMENTS <br />5.2.2 City Contribution <br />4 <br />$15,679.60 <br />$31,359.20 <br />The City contribution to the project would include all funding in excess of the amount <br />collected through special assessments to benefiting properties. No funds have been <br />budgeted for this project. The City's share of eligible project costs related to surface (street) <br />improvements is proposed to come from the previously encumbered 5-year Street <br />Reconstruction and Overlay Program bonds. Stormwater Utility Funds are proposed to pay <br />for all storm sewer improvements. <br />Table 2 illustrates the proposed project funding based on the design proposed within this <br />report. This funding program assumes construction will occur in 2019. <br />Surface <br />TABLE 2 <br />Proposed Project Funding <br />ASSESSMENTS CITY FUNDS TOTAL <br />$ 31,359.20 $ 194,880.41 $ 226,239.61 <br />Storm Sewer <br />TOTAL <br />$ 31,359.20 <br />$ 13,224.96 <br />$ 208,105.37 <br />$ 13,224.96 <br />$ 239,464.57 <br />Total Project Cost $ 239,464.57 <br />Less Special Assessments - $ 31,359.20 <br />Subtotal = $ 208,105.37 <br />Less City Bonding Funds - $ 194,880.41 <br />Subtotal = $ 13,224.96 <br />Less Stormwater Utility Funds - $ 13,224.96 <br />TOTAL Remaining Cost = $ 0 <br />Feasibility Report <br />Ford Brook Estates Street Reconstructions <br />City of Ramsey Project No. 19-01 <br />13 <br />