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CCP 09-14-1998
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CCP 09-14-1998
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<br /> . Fundinl! Summary <br /> The initial project costs for roadway and storm drainage improvements will be funded by the <br /> bond proceeds generated from the bonds issued in March of 1998 ($ 637,390.00). The net <br /> roadway and storm drainage improvement cost to the city following reimbursement from <br /> Ramsey County is estimated at $299,870.00. Costs for the proposed watermain <br /> improvements will be borne from the City's watermain fund ($ 87,650.00). It should be <br /> noted that the storm drainage improvements include the necessary infrastructure and ponding <br /> for the full development of the remnant piece of the Indykiewicz property which should <br /> enhance the marketability/sale price of this parcel. <br /> . <br /> . 6 <br /> -.----- <br />
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