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Capital Improvement Program 2019 thru 2028 <br />City of Ramsey, Minnesota <br />Protect# 17-STR-001 <br />Protect Name Reconstruction Streets: Barthels Rum River Acres <br />Description <br />(Reconstruction of Barthel's Rum River Acres 164th Lane, Dysprosium Street, Junkite Street <br />Total Cost $701,248 <br />Department Street Improvements <br />Contact <br />Type Improvement <br />Useful Life 60 Years <br />Category Street Improvement <br />Priority 1-Existing Obligation (High) <br />Status Active <br />I Justification <br />Each paved street within the City is scheduled to receive preventative maintenance on a regularly scheduled basis including reconstruction at the end of its useful life, which is estimate to be 60 <br />years based on the City's predominant sand subgrades <br />Expenditures 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Total <br />Improvements Other than 701,248 701,248 <br />Building Cost <br />Total <br />701,248 701,248 <br />Funding Sources 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Total <br />Special Assessment - 159,375 159,375 <br />Bonded <br />Storm Water Utility Fund 63,750 63,750 <br />GO Bonding (Road 478,123 478,123 <br />Funding) <br />Total <br />701,248 701,248 <br />200 <br />