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Capital Improvement Program <br />City ofRamsey, M~nnesota <br /> <br />2006 thru 2010 <br /> <br />IProject # <br />Project Name <br /> <br />05-ACQ~001 <br /> <br />Brown Property. Acquisition <br /> <br />Description <br /> <br />Property is located in TIF District #2. <br />32-25~43-0014) <br /> <br />Co,~taet Unassigned. <br />Department Site Acquisitions <br />Type Land <br />Useful Life Unassigned <br />CategoD' Site Acquisition <br />Priority. n/a <br /> <br /> Total Project Cost $170,000 <br /> <br />The acquisition is part of a significant redevelopment effort in TIF #2. (PIN #27-} <br /> <br />tJustificati,o,n <br />This property lies within TIF District #2 and has been identified as in need o£redevelopment. <br /> <br /> Expenditures 2006 2007 2008 2009 2010 Total <br /> Land A¢cluisition 170,000 170,000 <br /> Total 170,000 170,000 <br /> <br />Funding Sources 2006 2007 2008 2009 2010 Total <br /> <br />Tax Increment Fund #2 170,000 170,000 <br /> <br />Total 170,000 170,000 <br /> <br />Revi,~ed ] 0/05 <br /> <br />-94- <br /> <br /> <br />