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Capital Improvement Program 2019 thru 2028 <br />City of Ramsey, Minnesota <br />Protect# 17-STR-004 <br />Project Name Reconstruction Streets: Wood Pond H ills 2nd- 5th <br />Description <br />Total Cost $365,600 <br />Reconstruct Wood Pond Hills 2nd, Wood Pond Hillls 3rd, Wood Pond Hills 4th, and Wood Pond Hills 5th additions <br />Total Project Costs. $365,600 <br />Street Improvements $356,800 <br />Storm Sewer $ 8,800 <br />Justification <br />Department Street Improvements <br />Contact <br />Type Improvement <br />Useful Life 60 Years <br />Category Street Improvement <br />Priority 3-Existing Obligation (Med) <br />Status Active <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 365,600 365,600 <br />Building Cost <br />Total 365,600 365,600 <br />Funding Sources 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Total <br />Special Assessment - 89,200 89,200 <br />Bonded <br />Storm Water Utility Fund 8,800 8,800 <br />GO Bonding (Road 101,600 101,600 <br />Funding) <br />Tax Increment Fund #8 166,000 166,000 <br />Total 365,600 365,600 <br />204 <br />