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Capital Improvement Program <br />City of Ramsey, Minnesota <br />2015 thru 2019 <br />Project # 04-STR-012 <br />Project Name Zeolite Roadway Improvements <br />Type Improvement <br />Useful Life 20 Years <br />Category Street Improvement <br />Department Street Improvements <br />Contact Unassigned <br />Priority 6-Planned <br />Status Active <br />Description <br />Total Project Cost: $400,000 <br />This project consists of the installation of 1,300 feet of bituminous street, sidewalk/trail and storm sewer in the western portion of the COR <br />Funding from TIF 14 will only be available if tax increment is created to be able to bond (20% of available increment needed for bonding or <br />$80,000 available increment) <br />Justification <br />These improvements will be necessary to support the development anticipated in the west COR area. <br />Expenditures <br />2015 <br />2016 <br />2017 <br />2018 <br />2019 <br />Total <br />Improvements Other than <br />Building Cost <br />400,000 <br />400,000 <br />Total <br />400,000 <br />400,000 <br />Funding Sources 2015 2016 2017 2018 2019 Total <br />Tax Increment Fund #14 400,000 <br />(BONDING) <br />400,000 <br />Total 400,000 <br />400,000 <br />Page 155 <br />