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Little Canada Overhead Utility Burial Construction & $ 350,000 <br />Easement Acquisition <br />En in, in,~g & Administration $ 4,000,000 <br />Total Estimated Project Cost $ 28,700,000 <br />The Ramsey County TH 36/Rice Street Interchange Improvements, Roseville City <br />Project 09-11, are proposed to be financed through various Federal, State, County and <br />City funding sources. The following is a summary of the current financing plan for the <br />project. <br />Financing Source Amount <br />Federal Surface Transportation Program (STP) Funds $ 7,000,000 <br />Local Interchange Funds $ 5,000,000 <br />State of Minnesota $ 2,000,000 <br />Department of Employment & Economic Development $ 1,500,000 <br />(DEED) Funds <br />State Aid Turn Back Funds $ 2,200,000 <br />Mn/DOT Bridge Funds $ 5,000,000 <br />Mn/DOT Cooperative Agreement $ 590,000 <br />City of Roseville $ 465,000 <br />City of Little Canada $ 350,000 <br />City of Maplewood $ 120,000 <br />Roseville Community Requested Facility $ 325,000 <br />Surcharge (CRFS) <br />Little Canada Franchise Fee $ 350,000 <br />Other Funds $ 3,800,000 <br />Total $ 28,700,000 <br />The total proposed City of Roseville funding allocated to the project is as follows: <br />Financing Source Estimated Amount <br />Municipal State Aid (MSA) $ 201,380 <br />Special Assessments $ 69,820 <br />Water Utility Fund $ 193,800 <br />Total $ 465,000 <br />Roseville's share of the overall project cost is, therefore, approximately 2 percent. <br />The following is the proposed schedule for the project: <br />City Council Receives Feasibility Report February 8, 2010 <br />Public Hearing/City Council Authorize Plans & Specs, March 8, 2010 <br />Approve Plans & Specs & Municipal Consent <br />Bid Opening May 2010 <br />Start Construction June 2010 <br />Construction Complete Fa112011 <br />ii <br />