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Capital Improvement Program <br />City of Rarnsey, Minnesota <br /> <br />2006 thru 2010 <br /> <br />Project # 04-STR-006 <br />Project Name McKinley Street <br /> <br />Contact Unassigned <br />Department Street Improvements <br />Type Improvement <br />Useful Life 20 Years <br />Category Street Improvement <br />Priority rd,q <br /> <br />[.Description } Total _Project Cost $820,000 <br />This project would complete the connection o£streets between Sunfish Lake Boulevard andRamsey Boulevard. It <br />includes street and storm sewer costs. Project costs wj.ll include r!ght of way acquisition. <br /> <br />IJustification <br />%ith conti~uin~ discussion regarding the contestion on TH 10, this project will provide an alternate for the internal <br />traffic, particularly truck traffic, to avoid usin~ Hwy 10. <br /> <br /> Expenditures 2006 2007 2008 2009 2010 Total <br /> <br />Land Acquisition 120,000 120,000 <br />Improvements Other than Buit 700,000 700,000 <br /> Total 820,000 820~000 <br /> <br />Funding Sources 2006 2007 2008 2009 2010 Total <br /> <br />Tax increment Fund #2 820,000 820,0D0 <br /> <br />Total 820,000 820,000 <br /> <br /> Rewsed .10/05 <br /> <br />-138- <br /> <br /> <br />