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Capital Improvement Program <br />City of Ramsey, Minnesota <br />2019 thru 2028 <br />Project # 17-STR-007 <br />Project Name Reconstruction Streets: Nature View & Sorteberg 6 <br />Description <br />Total Cost $815,650 <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 of Nature View: 159th Avenue, Azurite Court & Xenon Street and Sorteberg's 6th: 174th Lane, Puma Street and Rabbit Street. <br />Total Nature View Project Cost $253,000 <br />Street Improvements: $230,000 <br />Storm Water Improvements: $23,000 <br />Watermain Improvements: $0 <br />Total Sortebergs 6th Project Cost = $562,650 <br />Street Improvements: $488,500 <br />Storm Water Improvements: $74,150 <br />Watermain Improvements: $0 <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 />Expenditures 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Total <br />Improvements Other than 815,650 815,650 <br />Building Cost <br />Total <br />815,650 815,650 <br />Funding Sources 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Total <br />Special Assessment - 185,375 185,375 <br />Bonded <br />Storm Water Utility Fund 74,150 74,150 <br />GO Bonding (Road 556,125 556,125 <br />Funding) <br />Total <br />815,650 815,650 <br />207 <br />