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<br />Capital Improvement Program <br /> <br />City of Ramsey, Minnesota <br /> <br />2007 thru 2011 <br /> <br />Contact <br /> <br />Department Park Improvements <br /> <br />Project # 07-P ARK-OOl <br />Project Name VILLAGE SQUARE PARK <br /> <br />Type Improvement <br />Useful Life <br />Category Park Improvement <br />Priority nla <br /> <br />Description .\ <br />Development of the 2-acre Village Square Commons in Ramsey Town Center. <br /> <br />Total Project Cost S3,000,000 <br /> <br />. <br /> <br />Justification <br /> <br />1 <br /> <br />This urban park-space may be the most prominent park space within the Town Center - due to its visibility along Sunwood Drive, and its <br />relationship to the Municipal Center and transit hub. Concept planning has been authorized to integrate the 300,000 amphitheater grant within this <br />kev site. <br /> <br />Expenditures <br />Improvements Other than Build <br /> <br />2007 <br />3,000,000 <br /> <br />2008 <br /> <br />2009 <br /> <br />2010 <br /> <br />2011 <br /> <br />Total <br />3,000,000 <br /> <br />3,000,000 <br /> <br />Total <br /> <br />3,000,000 <br /> <br />Funding Sources <br />GO Bonding <br />Grants and Aids <br /> <br />2007 <br />2.700,000 <br />300,000 <br /> <br />Total 3,000,000 <br /> <br />2008 <br /> <br />2009 <br /> <br />2010 <br /> <br />2011 <br /> <br />Total <br />2.700,000 <br />300,000 <br /> <br />3,000,000 <br /> <br />Revised 09/06 <br /> <br />55 <br /> <br />-127- <br />