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Capital Improvement Program <br />City of Ramsey, Minnesota <br /> <br />2006 thru 2010 <br /> <br /> Contact <br />Department <br /> <br />project ~ 04-ACQ-004 <br />Project NameSite Acquisition: ICEH Erecting <br /> <br /> Unassignerl <br /> Site Acquisitions <br />Type Land <br />Useful Life Unassigned <br />Category Site Acquisition <br /> <br />fAA. rDescripti°n <br /> cquisition o£ property for development purposes, <br /> ea required (acres) = 1.0 Acre <br /> <br /> Priorit3, n/a <br />Total Project Cost $100,000 <br /> <br />Justification <br />The KIH Erecting property is vacant property that is underutilized. The Cit~ plans to redevelop the property for <br />economic develppment purposes with the possibility of,pu,rchasing site for the expansion of the public works campus. J <br /> <br />Expenditures 2006 2007 2008 2009 2010 Total <br /> <br />Land Acquisition 100,000 100,000 <br /> <br />Total 10o,000 lOO,O0o <br /> <br />Funding Sources 2006 2007 2008 2009 2010 Total <br /> <br />To Be Determined 100,000 100,000 <br /> <br />Total loo,ooo loo,ooo <br /> <br /> Revised .10/0.5 <br /> <br />-90- <br /> <br /> <br />