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TABLE 1 <br />Proposed Preliminary Assessments — 146th Avenue, Helium Street, and Krypton Street <br />STREET SEGMENT <br />ASSESSMENT <br />PER LOT <br />No. OF <br />LOTS <br />TOTAL <br />ASSESSMENTS <br />146m Avenue <br />$1,303.70 <br />14 <br />$18,251.80 <br />Helium Street <br />$1,303.70 <br />19 <br />$24,770.30 <br />Krypton Street <br />$1,303.70 <br />26 <br />$33,896.20 <br />TOTAL PROJECT ASSESSMENTS <br />$76,918.30 <br />5.2.2 City Contribution <br />The City contribution to the project would include all funding in excess of the amount <br />collected through special assessments to benefiting properties. No funds have been <br />budgeted for this project. The City's share of eligible project costs related to surface (street) <br />improvements is proposed to come from the previously encumbered 5-year Street <br />Reconstruction and Overlay Program bonds. Stormwater Utility Funds are proposed to pay <br />for all storm sewer improvements. <br />Table 2 illustrates the proposed project funding based on the design proposed within this <br />report. This funding program assumes construction will occur in 2019. <br />TABLE 2 <br />Proposed Project Funding <br />ASSESSMENTS CITY FUNDS TOTAL <br />Surface <br />$ 75,673.40 <br />$ 291,590.84 <br />$ 367,264.24 <br />Storm Sewer <br />$ 1,244.90 <br />$ 3,727.38 <br />$ 4,972.28 <br />TOTAL <br />$ 76,918.30 <br />$ 295,318.22 <br />$ 372,236.52 <br />Total Project Cost <br />Less Special Assessments <br />Subtotal <br />Less City Bonding Funds <br />Subtotal <br />Less Stormwater Utility Funds <br />TOTAL Remaining Cost <br />$ 372,236.52 <br />$ 76,918.30 <br />$ 295,318.22 <br />$ 291,590.84 <br />$ 3,727.38 <br />$ 3,727.38 <br />$0 <br />Feasibility Report <br />Wood Pond Kills & Chestnut Ridge Street Reconstructions <br />City of Ramsey Project No. 19-03 <br />16 <br />