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CAPITAL IMPROVEMENT PROGRAM (CIP) YEAR . 1999 SUMMARY <br /> <br />PROJECT DESCRIPTION <br /> <br />School Street Improvement Project <br /> <br />Ice Arena/School Parking Lot <br /> <br />Highway 169 Pedestrian Bridge <br /> <br />Highway 10/1718t Avenue Signal <br /> <br /> East Elk River Trunk Sewer and Water Project <br /> <br /> (Eas <br /> t Elk River Tyler Street ~d Sto~ Sewer <br /> <br /> EDA Business Park Land Acquisition <br /> <br /> ~aste Water Treatment Pl~t Cl~ifier <br />~*X~mprovement <br /> <br /> lee ~ena and Outside ~aed~ms Bleachers <br /> Improvement~¢o~ '> ~ <br /> <br /> gapital Improvement Pro~ (CIP) Year - 1999 <br /> <br />COST AND FINANCING <br /> <br />$308,000 - $169,000 in assessments; $139,000 from city <br />MSA funds <br /> <br />$39,000 - from city street reserve (as city participation to <br />schools project) <br /> <br />$500,000 - $400,000 paid by federal government; <br />$100,000 from city MSA funds <br /> <br />$70,000 - city MSA fund (second half of total project, <br />which was started in 1998) <br /> <br />$6.46 million - $4.83 million in assessments; $630,000 <br />from TIF 19; $800,000 from Municipal Utilities; <br />$202,000 from city WWTP fund <br /> <br />$5 million - $2.85 million federal/state funding; $866,000 <br />city MSA funds; $775,000 TIF 19; $350,000 from <br />developers; $159,000 from city SWM fund <br /> <br />$604,000 - paid by city development fund (to be repaid <br />over 14 years with TIF 19) <br /> <br />$80,000 - paid by WWTP funds <br /> <br />$50,000 - paid by either NSP or city capital projects <br />reserve <br /> <br />Page i of 2 <br /> <br /> <br />