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Capital Improvement Program 2019 thru 2028 <br />City of Ramsey, Minnesota <br />Project# 17-STR-008 <br />Pr oject Name Reconstruct Streets: Fox Ridge Estates 1st & 2nd <br />Description <br />Total Cost $1,799,280 <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 />(Reconstruction Streets Fox Ridge Estates 1st & 2nd 170th Ave, 172nd Lane, 173rd Ave, 174th Ave, Potassium Court, Potassium Street, Sodium Street, Tungsten Street & Wolfram Street <br />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 />Look at Possibility of Usmg MSA or PIR funds for portion of costs instead of bonding <br />Expenditures 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Total <br />Improvements Other than 1,799,280 1,799,280 <br />Building Cost <br />Total 1,799,280 1,799,280 <br />Funding Sources 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Total <br />Special Assessment - 445,500 445,500 <br />Bonded <br />Storm Water Utility Fund 17,280 17,280 <br />GO Bonding (Road 1,336,500 1,336,500 <br />Funding) <br />Total <br />1,799,280 1,799,280 <br />208 <br />