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Capital Improvement Program <br />City of Ramsey, Minnesota <br /> <br />2006 thru 2010 <br /> <br />project ~ 04-STRM-010 <br />Project NameRTC Armstrong Blvd (Bunker Lake Blvd to Hwy 10) <br /> <br />Description <br /> <br /> COlltae| <br />Department <br /> <br />Type <br />Useful Life <br />Category <br />Priorib, <br /> <br />Unassigned <br /> <br />Stormwater Utility <br /> <br />Improvement <br /> <br />50 Years <br /> <br />Storm Water Utility' Improvem <br /> <br />n/a <br /> <br />Total Project Cost $13,1,000 <br /> <br />Upgrades to Armstrong Blvd between Bunker Lake Blvd and H'a,,y 10. Necessitated by Ramsey Town Center <br />Development. Upgrades include sig-nal improvements at the intersections with Sunwood Drive and Bunker Lake. <br /> <br /> Total Cost for Armstrong Blvd. -- $2,320,000 <br /> Total Cost for Regional Road.way improvements = $14,536,300 <br /> Justification <br />IThe construction of Ramsey ToWn Center will add additional traffic to Armstrong Blvd. This project w/Il upgrade <br />IArmstmng Blvd and the intersections at Bunker Lake and Hwy 10 to better handle the traffic. <br /> <br />tSee p.r. oje.cts RTC H~b, 10, RTC Bunker Lake Blvd and RTC Ramsey Bird.. <br /> <br />Expenditures 2006 2007 2008 2009 2010 Total <br /> <br />improvements Other than Bull 134,000 134,000 <br /> <br />Total ~34,000 134,000 <br /> <br />Funding Sources 2006 2007 2008 2009 2(}10 Total <br /> <br />GO Bonding ~34,000 '134,000 <br /> <br />Total '134,000 <br /> <br />134,000 <br /> <br /> Revised 10/05 <br /> <br />-116- <br /> <br /> <br />