Laserfiche WebLink
Capital Improvement Program 2019 thru 2028 <br />City of Ramsey, Minnesota <br />Project # 06-BLDG-001 <br />Project Name Public Works Cam pus Building Impro vements <br />Description <br />Total Cost $16,906,500 <br />Department Capital Bonding Projects <br />Contact <br />Type Buildings <br />Useful Life 50 Years <br />Category Capital Bonding Projects <br />Priority 4-New Addition (Med) <br />Status Active <br />This project contemplates acquisition of 25 acres for a new public works campus and construction of the first phase of buildings to serve the needs of the community The 2006 salt storage <br />building can be relocated to the site <br />CIP Act Criteria <br />1 Conditions of City Infrastructure and Need for the Project <br />The present public works site is landlocked and current size cannot be expanded to <br />meet expected future growth <br />2 Demand for Improvement <br />As described above, the site doesn't meet the needs of the future <br />3 Costs of the Improvement <br />Land $3,000,000 <br />Building $13,906,500 <br />4 Availability of Public Resources <br />The project may be funded by a combination of general property tax levy and available <br />resources on hand In addition, the bonds would be secured by the City's full faith <br />and credit <br />5 Relative Costs and Benefits of Alternative Uses of the Funds <br />There are no significant alternatives for funds designated for this project <br />6 Operating Costs of the Proposed Investments <br />There would be no operating costs for the first five years The land will be held <br />and developed as growth occurs <br />7 Options for Shared Facilities with Other Cities or Local Govemment <br />Not applicable, the site currently exists and is located next to current PW facility <br />8 Level of Overlapping Debt <br />Justification <br />The City population is projected to continue to grow Staff has polled other municipalities that are currently the size of Ramsey's projected growth This proposed area is the median size for a <br />public works campus The present campus is land locked and cannot be expanded to meet this median size This project anticipates land acquisition and the start of a public works campus that <br />can grow as the city grows <br />38 <br />