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Capital Improvement Program 2007 rhru 2011 <br />City of Ramsey, Minnesota <br />Project # 07-PARK-001 <br />Project Name VILLAGE SQUARE PARK <br />Contact <br />Department Park Improvements <br />Type Improvement <br />Useful Life <br />Category Park Improvement <br />Priority n/a <br />Total Project Cost $3,000,000 <br />Description <br />development of the 2-acre Village Square Commons in Ramsey Town Center. <br />Justification <br />['his urban park-space may be the most prominent park space within the Town Center -due to its visibility along Sunwood Drive, and its <br />relationship to the Municipal Center and transit hub. Concept planning has been authorized to integrate the 300,000 amphitheater grant within this <br />:e site. <br />Expenditures 2007 2008 2009 2010 2011 Total <br />Improvements Other than Build 3,000,000 3,000,000 <br />Total 3,000,000 3,000,000 <br />Funding Sources 2007 2008 2009 2010 2011 Total <br />GO Bonding 2,700,000 2,700,000 <br />Grants and Aids 300,000 300,000 <br />Total 3,000,000 3,000,000 <br />Rerised 09/06 <br />-127- <br />i• <br />_. <br />