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Capital Improvement Program City of Ramsey, Minnesota 2013 tlirzz 2017 Project # 06_BLDG-001 Project Name Public Works Campus Building Improvements Description Department Capital Impr Bonding Projects Contact Type Buildings Useful Life 50 Years Category Capital Improvement Bonding Priority 6-Planned Status Active Total Project Cost: $11,000,000 This project contemplates acquisition of 25 acres for a new public works campus and construction of the first phase of buildings to serve the needs of the community. The 2006 salt storage building can be relocated to the site. CIP Act Criteria: 1. Conditions of City Infrastructure and Need for the Project: The present public works site is landlocked and current size cannot be expanded to meet expected future growth. 2. Demand for Improvement: As described above, the site doesn't meet the needs of the future. 3. Costs of the Improvement: Land : $3,000,000 Building: $8,000,000 4. Availability of Public Resources: The project may be funded by a combination of general property tax levy and available resources on hand. In addition, the bonds would be secured by the City's full faith and credit. 5. Relative Costs and Benefits of Alternative Uses of the Funds: There are no significant alternatives for funds designated for this project. 6. Operating Costs of the Proposed Investments: There would be no operating costs for the first five years. The land will be held and developed as growth occurs. 7. Options for Shared Facilities with Other Cities or Local Government: Not applicable; the site currently exists and is located next to current PW facility. 8. Level of Overlapping Debt: Justification The City population is projected to continue to grow. Staff has polled other municipalities that are currently the size of Ramsey's projected growth. This proposed area is the median size for a public works campus. The present campus is land locked and cannot be expanded to meet this median size. This project anticipates land acquisition and the start of a public works campus that can grow as the city grows. Prior 3,000,000 Total Prior 3,000,000 Total Expenditures 2013 2014 2015 2016 2017 Total Building Cost/Construction 8,000,000 8000,000 Total 8,000,000 8,000,000 Funding Sources 2013 2014 2015 2016 2017 Total CIP Bonding 8,000,000 8,000,000 Total 8,000,000 8,000,000 Revised 10/2012 PAGE 28