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PROJECT DESCRIPTION <br /> <br /> Improvement of Railroad Trail <br /> <br /> Highway 10 (Cretex) Trail <br /> <br /> Neighborhood Park and Trail Improvements <br />~.~ipment/Vehicles/Trucks <br /> <br />COST AND FINANCING <br /> <br />$98,000 - $49,000 paid with state grant; $30,000 paid <br />from city park dedication funds; $19,000 paid from city <br />equipment/infrastructure reserve <br /> <br />$30,000 - city capital projects reserve <br /> <br />$57,000 - paid by city park dedication funds <br /> <br />$413,000 - $61,000 from general fund budget (taxes); <br />$162,000 from equipment certificates (taxes); $190,000 <br /> <br /> Developer Initiated Projects: <br />f] // Trott Brook Farms Development <br /> <br />Elk River Crossing (Commercial and <br />Business Park) <br /> <br />from city equipment reserve <br /> <br />100 percent financed by developer and TIF 19 <br /> <br />100 percent financed by developer <br /> <br />Capital Improvement Program (CIP) Year - 1999 <br /> <br />Page 2 of 2 <br /> <br /> <br />