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<br />Capital Improvement Program <br />City of Ramsey, Minnesota <br /> <br />2007 thru 2011 <br /> <br />Project # <br /> <br />04-STR-014 <br /> <br />Contact Unassigned <br />- Department Street Improvements . <br />Type Improvement <br />Useful Life 20 Years <br />Category Street Improvement <br />Priority n/a <br /> <br />Project Name RTC Bunker Lake Blvd (Armstrong to Ramsey Blvd) <br /> <br />Description I <br /> <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 /> <br />Total Project Cost $3,010,000 <br /> <br />Total Cost for Bunker Lake Blvd. = $3,419,000 <br />Total Cost for Regional Roadway improvements = $14,607,860 <br /> <br />Justification I <br /> <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 Hwy 10 to better handle the traffic. <br /> <br />See projects RTC Armstrong, RTC Hwy 10 and RTC Ramsey Blvd. <br /> <br />Expenditures <br />Improvements Other than Build <br />Total <br /> <br />2007 <br /> <br />2008 <br />3,010,000 <br />3,010,000 <br /> <br />2009 <br /> <br />2010 <br /> <br />2011 <br /> <br />Total <br />3,010,000 <br /> <br />3,010,000 <br /> <br />. <br /> <br />Funding Sources <br />GO Bonding <br /> <br />2007 <br /> <br />2008 <br />3,010,000 <br /> <br />3,010,000 <br /> <br />2009 <br /> <br />2010 <br /> <br />2011 <br /> <br />Total <br />3,010,000 <br /> <br />3,010,000 <br /> <br />Total <br /> <br />. <br /> <br />Revised 09/06 <br /> <br />-215- <br />