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Capital Improvement Program 2019 thru 2028 <br />City of Ramsey, Minnesota <br />Protect# 19-STR-001 <br />Protect Name Reconstruction Streets: Barthels Rum River Acres 2 <br />Description <br />(Reconstruction of Streets in Barthel's Rum River Acres 2nd 161 st Avenue, 161 st Lane, 162nd Lane, 164th Avenue, Dysprosium Street, Germanium Street and Junkite Street <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 />Total Cost $902,000 <br />(These streets are in poor condition and require reconstruction The pavement has deteriorated beyond the point where an overlay could be applied <br />Expenditures 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Total <br />Improvements Other than 902,000 902,000 <br />Building Cost <br />Total 902,000 902,000 <br />Funding Sources 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Total <br />Special Assessment - 205,000 205,000 <br />Bonded <br />Storm Water Utility Fund 82,000 82,000 <br />GO Bonding (Road 415,000 415,000 <br />Funding) <br />Tax Increment Fund #8 200,000 200,000 <br />Total 902,000 902,000 <br />218 <br />