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<br />Capital Improvement Program <br /> <br />City of Ramsey, Minnesota <br /> <br />2007 thru 2011 <br /> <br />Proj ect # <br /> <br />04-ACQ-00l <br /> <br />Contact Unassigned <br />Department Site Acquisitions . <br />Type Land <br />Useful Life Unassigned <br />Category Site Acquisition <br />Priority nla <br />Total Project Cost $548,856 <br /> <br />Project Name Site Acquisition: Altron North <br /> <br />Description 1 <br /> <br />Acquisition of remaining undeveloped parcel in TIF District #6 for development purposes. <br />Area required (acres) = 8.4 <br /> <br />PIN#27-32-25-42-0006 <br />Justification <br /> <br />I <br /> <br />Energy Industrial Park is a quality development which showcases Ramsey's best economic development. The remaining vacant parcel should be <br />developed to complete the industrial park. <br /> <br />Expenditures <br />Land Acquisition <br /> <br />2007 <br /> <br />2008 <br />548,856 <br />548,856 <br /> <br />2009 <br /> <br />2010 <br /> <br />2011 <br /> <br />Total <br />548,856 <br /> <br />548,856 <br /> <br />Total <br /> <br />Funding Sources <br />To Be Determined <br /> <br />2007 <br /> <br />2008 <br />548,856 <br />548,856 <br /> <br />2009 <br /> <br />2010 <br /> <br />2011 <br /> <br />Total <br />548,856 <br /> <br />548,856 <br /> <br />. <br /> <br />Total <br /> <br />. <br /> <br />Revised 09106 <br /> <br />-159- <br />