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Capital Improvement Program 2019 thru 2028 <br />City of Ramsey, Minnesota <br />Project# 19-STR-008 <br />Project Name 2023 Overlay Projects <br />Description <br />Total Cost $889,200 <br />Department Street Improvements <br />Contact <br />Type Improvement <br />Useful Life 20 <br />Category Street Improvement <br />Priority 3-Existing Obligation (Med) <br />Status Active <br />(Overlaying of Streets in Section 15 Unplatted, 159th Lane, 160th Lane, 161st Lane, 162nd Avenue, 164th Lane, Azurite Street, Ironstrone Street, Jaspar Street, Kamacite Street, Marble Street, <br />Yttrium Street and Zirconium Street <br />I Justification <br />These streets are in such condition that they require an overlay to most cost-effectively maintain the pavement <br />Expenditures 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Total <br />Improvements Other than 889,200 889,200 <br />Building Cost <br />Total 889,200 889,200 <br />Funding Sources 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Total <br />Special Assessment - 210,600 210,600 <br />Bonded <br />Storm Water Utility Fund 46,800 46,800 <br />GO Bonding (Road 631,800 631,800 <br />Funding) <br />Total <br />889,200 889,200 <br />225 <br />