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Capital Improvement Program <br />City of Ramsey, Minnesota <br />2011 thru 2015 <br />Project # 11-BLDG-002 <br />Project Name Commuter Rail Station <br />Description <br />Department Municipal Buildings <br />Contact <br />Type Buildings <br />Useful Life 25 <br />Category Municipal Building <br />Priority 6-Planned <br />Status Active <br />Total Project Cost: $13,000,000 <br />This project consists of the construction of a rail station to service the COR as a stop on the NorthStar Commuter Rail Line. <br />Justification <br />A stop on the NorthStar Commuter Rail Line will be a significant transportation advantage to the citizens of Ramsey and an economic stimulus to <br />the COR development. <br />Expenditures 2011 2012 2013 2014 2015 Total <br />Building Cost/Construction 4,600,000 7,400,000 1,000,000 13,000,000 <br />Total 4,600,000 7,400,000 1,000,000 13,000,000 <br />Funding Sources 2011 2012 2013 2014 2015 Total <br />GO Bonding 1,600,000 1,600,000 <br />Grants and Aids 3,000,000 7,400,000 1,000,000 11,400,000 <br />Total 4,600,000 7,400,000 1,000,000 13,000,000 <br />Revised 12/2010 <br />Page 96 <br />