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Page 2 <br />County Road D and Cleveland <br />Policy ObJSCtivesee Thi's project is included in the Ramsey County <br />3 <br />Capital Improvement Program,,. Following city past policy, the city must: <br />1. Consider the project as proposed by Ramsey County <br />0 <br />2a If the project is approved,, arrange for financing to pay the clotyls <br />share of the project cost. <br />Finianci al :E11 P13'.cat3`.*ns vol The f inal feas I Oil ity report which is attached <br />4 is <br />outl ine�s proj ect f i,nanc ing for the improvement Total estimated proj ect <br />cost to Roseville 1 $371,8210 consisting of the following itemse, <br />le Stiorm sewer $11 Ir 800 <br />2. Traffic sicinal EVP1 $129,200 <br />3 El,ng ineering MOROI <br />$16,820 <br />Financing for this project will come from, the annual bond issue for <br />pavement reconstruction, done to finance the city"s -Pavement Management <br />V 11 41 <br />Program,. It is anticipated that construction of this project could be <br />01 it, <br />done, in late 1992 or early 1993. Financing would be part of that year's <br />PMP bond issue, <br />9taff Recommendation,** Since the projelict is consistent with Ramsey <br />Ciounty's thriee-year Capital Improvement Program and financiong can be <br />0 <br />P-irrangield as part of the, PMP bond,, staff recommends the following: <br />li, Approvial. of the amended, final feasibility report as presented <br />9 <br />2. Authorization of Riarasey County to prioceed with the completion of <br />0 <br />project, final, plans and specifications and scheduling a public <br />hearing upon completilon, of the plans., <br />Im. <br />a <br />0) IT <br />Motion, approving final feasibility report, as amended and authorization <br />of Ramsey County to complete, pro ect plans and specifications and <br />necessary cooperative financing agreements., <br />