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Capital Improvement Program <br />City of Ramsey, Minnesota <br />2013 tlirzz 2017 <br />Project # 04-STRM-011 <br />Project Name RTC Bunker Lake Blvd (Armstrong to Ramsey Blvd) <br />Description <br />Department Stormwater Utility <br />Contact Unassigned <br />Type Improvement <br />Useful Life 50 Years <br />Category Storm Water Utility Improvem <br />Priority 6-Planned <br />Status Active <br />Total Project Cost: $560,000 <br />Upgrades Bunker Lake Blvd between Armstrong and Ramsey Blvds, necessitated by Ramsey Town Center Development. Upgrades include traffic <br />signals at Rhinestone St., Town Center Drive and Zeolite Streets adjacent to RTC. Offsite improvements include a traffic signal at Sunfish Lake <br />Blvd. <br />Total Cost for Bunker Lake Blvd. _ $3,419,000 <br />Total Cost for Regional Roadway improvements = $14,607,860 <br />Bonded amount $560,000 @ 10 years @ 5% int = $712,710 <br />Justification <br />The construction of Ramsey Town Center will add additional traffic to Bunker Lake Blvd. This project will upgrade Armstrong Blvd and the <br />intersection at Bunker Lake and Hwv 10 to better handle the traffic. <br />See projects RTC Armstrong, RTC Hwy 10 and RTC Ramsey Blvd. <br />Expenditures <br />2013 2014 2015 2016 2017 Total <br />Improvements Other than Build <br />560,000 560,000 <br />Total <br />Funding Sources <br />560,000 560,000 <br />2013 2014 2015 2016 2017 Total <br />Storm Water Utility Fund 560,000 560,000 <br />Total <br />560,000 560,000 <br />Revised 10/2012 <br />PAGE 214 <br />