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system. The special assessment rate was calculated as follows: Assessment Summar Roseville Street Reconstruction Costs $199,600.00 Ramse Coun Ins ection 12% $44,700.00 Roseville En ineerin Cost 5% $9,980.00 Ri ht-of-wa ac uisition $25,000.00 Total assessable ro'ect cost $279,280.00 Total Fronta e feet 1,791.06 Assessment Rate 100% $155.93 Assessment Rate 25% $38.98 3� The final plans and specifications are available in the office of the City Engineer for review. Staff 3f has reviewed the plans at each stage of their development and has found them to be consistent with 3s the feasibility report that has been provided to the City Council. 4( FINANCIAL IMPACTS 4� The Ramsey County TH 36/Rice Street Interchange Improvements, Roseville City Project 09-11, �� are proposed to be financed through various Federal, State, County and City funding sources. The followin� is a summarv of the current financin� plan for the proiect. es Financing Source Federal Surface Transpo� Local Interchange Funds State of Minnesota Deuartment Of Emplov� Pro & Economic STP) Funds Amount $7,000,000 $5,000,000 $2,000,000 Funds $1,500,000 State Aid Turn Back Funds $2,200,000 Mn/DOT Brid e Funds $5,000,000 Mn/DOT Coo erative A reement $590,000 Cit of Roseville $465,000 I Cit of Little Canada $350,000 Cit of Ma lewood $120,000 Roseville Communit Re uested Facilit Char e $325,000 Little Canada Franchise Fee $350,000 Other Funds $3,800,000 Total $28,700,000 Roseville's share of the overall project cost is approximately 2 percent. The City of Roseville share of the project costs will be funded with Municipal State Aid funds, utility funds, and assessments as shown in the table below: Page 2 of 3 Financin Source Estimated Amount Munici al State Aid MSA $201,380 Special Assessments $69,820 Water Utility Fund $193,800 Total $465,000