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Capital Improvement Program <br />City of Ramsey, Minnesota <br />2019 thru 2028 <br />Project# 19-STR-006 <br />Project Name 2021 Overlay Projects <br />Description <br />Total Cost $865,040 <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: Deerwood, Hunters Ridge, Menkveld's Country Park, Section 11 Unplatted, Riversed West. <br />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 865,040 865,040 <br />Building Cost <br />Total <br />865,040 <br />865,040 <br />Funding Sources 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Total <br />Special Assessment - <br />Bonded <br />Storm Water Utility Fund <br />GO Bonding (Road <br />Funding) <br />203,400 <br />51,440 <br />610,200 <br />203,400 <br />51,440 <br />610,200 <br />Total <br />865,040 <br />865,040 <br />223 <br />