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Capital Improvement Program 2007 rh~u 2011 <br />City of Ramsey, .Minnesota <br />Project # 07-PARK-001 <br />Project Name VII.,LAGE SQUARE PARK <br />Contact <br />Department. Pazk Improvemenu <br />Type Improvement <br />Useful Life <br />Category Pazk 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 />This urban park-space may be the most prominent park space within the Town Center -due to iu 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 />ke site. <br />Expenditures 2007 2008 2009 2010 2011 Totat <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- 69 <br />