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2001 - 2006 Five -Year Highway Improvement Plan April 25, 2000 Page Two The second part of the document begins on Page 19 and extends through Page 37. This part of the document highlights reconstruction projects that the County Board anticipates pursuing during the next five years. Projects in the first three or four years of this Plan are already being worked on, however, projects included in later years of the Plan are included so that we can apply for Federal funding. At the bottom of each annual project listing, a summary of finances is included for the projects listed in that year. In addition, in the far right -hand column of each list, anticipated participation by local units of government are listed. I want to caution the local units of government that the numbers included in this column are extremely rough estimates of participation expected. Actual local participation will be determined at the time the project is ready for bids. Again, this year the Plan includes a bond sale in 2001. While the prospects for selling these bonds appears to be encouraging I would caution the reader that the County Board has not taken action authorizing the sale of these bonds and I do not expect that they will until at least December of 2000. A decision not to sell these bonds will significantly impact the ability of us to deliver the projects listed in 2001 and beyond. In the later years of the Plan, many of the projects shown will require additional funding from other sources such as local units of government, Mn/DOT or Federal funds. Anoka County will continue to attempt to maximize the use of outside funds for these projects, as the opportunity becomes available through the region wide solicitation and other methods. You may note that 2001 and 2002 include approximately 42 million dollars in projects which we intend to construct using only 16.5 million county dollars which consists of our County State Aid funds and the levy designated for construction. The balance of the funds shown in these two years is either Federal, State or Municipal funds, which are shown on the individual tables as indicated above. Part 3 of the document begins on Page 39 and highlights other projects. Two lists are contained in this section. The first list is a list with the year designation 2010. This is intended to be a list of projects that other units of government have requested or that the county has made a commitment to Metropolitan Council for their construction. This list contains approximately 68 million dollars in projects and it does not appear as though funds will be available to get to any of them prior to 2007. Keep in mind that projects listed in later years of the Plan will likely shift depending on funding. The second list contained in Part 3 is a list of other projects that have been identified for either capacity or safety reasons. This list contains 111 million dollars in projects and comprises the list of other projects that we will be working to fund in the next 20 years. Adding the two lists together, one arrives at a figure of 180 million dollars spread over a 15 -year period or approximately 12 million dollars per year. This is beyond Anoka County's ability to fund and outside funds will become necessary for all of these projects to be implemented. It must be pointed out as indicated in the introductory letter found on Pages 1 -3 that the bond sales of 1999 and the requested bond sales for 2001 will result in a large payment for these bonds over the following ten years. These payments will reduce the amount of funds available for the years 2002 and beyond, however, the Plan anticipates that increases in our State Aid allotment will compensate for the amount of the payment and the Plan has anticipated that our State Aid allotment available for