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Capital Improvement Program <br />City of Ramsey, Minnesota <br /> <br />2006 thru 2010 <br /> <br />Project # 04-STR-017 <br />Project Name South Highway 10 Frontage Road <br /> <br />Contact Unassigned <br />Department Street Improvements <br />Type Improvement <br />Useful Life 20 Years <br />Category Street Improvement <br />Priority <br /> <br /> ~ ·., I Total Project Cost $320,960 <br />[ ~escnptlon I , <br />[Tilts project would consist of road and storm sewer to develop the six acres of commercial property east of the existing <br />/Rivlyn Ave. Nrw and south ofHwy 10. <br /> <br />[Tgta] project Costs including land, street, sewer, water and storm sewer = $723,280 <br /> <br /> Justification t <br />IHighway 10 has been identified as a candidate for freeway standards. The need t~ provide alternate access has been <br />/identified as a goal in the Highway 10 Corridor Plan. Additionally, the storm se,~ er runoff from this area directly <br />Jdischarges into the Mississippi River with no treatment. This.project would correct both of these conditions. <br /> <br />Expenditures 2006 2007 . 2008 2009 20i0 Total <br />kandAcquisition 75,000 75,000 <br />Other 245,960 245,960 <br /> Total 320,960 320,960 <br /> <br />Funding Sources 2006 2007 2008 2009 2010 <br /> <br />Total <br /> <br />Tax Increment Fund #2 320,960 320,960 <br /> <br />Total <br /> <br />320,960 320,960 <br /> <br /> Rewsed ] 0/0.5 <br /> <br />-154- <br /> <br /> <br />