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Capital Improvement Program 2019 thru 2028 <br />City of Ramsey, Minnesota <br />Pr oleo# 06-ACQ-002 <br />Project Name Acquire outlots "A" <br />Description <br />n Rivers Bluff and Re illy Est <br />Total Cost $20,000 <br />Department Site Acquisitions <br />Contact <br />Type Land <br />Useful Life Unassigned <br />Category Park Improvement <br />Priority 5-Opportumty/Unfunded/Placeholder <br />Status Active <br />Along the Rum River in the central part of the city are separate outlots owned by two homeowners associations Both are very attractive, wooded parcels and connected to existing trail corridors <br />This project may entail the donation of the land in exchange for passive improvements such as trails, picnic areas or fishing <br />I Justification <br />The associations would benefit by realizing these amenities near their homes The $20,000 expense represents an estimate for real-estate transaction costs, and perhaps park planning to promote <br />the donation The park plans would generate the development cost projections <br />Expenditures 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Total <br />Land Acquisition 20,000 20,000 <br />Total 20,000 20,000 <br />Funding Sources 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Total <br />Park Improvement Trust 20,000 20,000 <br />Fund <br />Total <br />181 <br />20,000 20,000 <br />