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<br />3 <br /> <br />SOURCE OF FUNDS <br />Little Canada’s portion of the project will be funded using a combination of funding sources as <br />shown below. Notably, the City received a grant from the Community Development Block Grant <br />Program administered through Ramsey County for the City’s share of the proposed trail <br />improvements. <br /> <br />Item <br />Estimated <br />Little Canada <br />Cost <br />MSA Account <br />Infrastructure <br />Capital <br />Improvement <br />Fund <br />Assessments CDBG Grant <br />Street $667,033 $333,517 $95,991 $237,526 $0 <br />Sanitary Sewer $20,079 $0 $20,079 $0 $0 <br />Watermain $36,570 $0 $36,570 $0 $0 <br />Storm Sewer $63,342 $63,342 $0 $0 $0 <br />Trail $400,996 $0 $0 $0 $400,996 <br />Total $1,188,020 $396,859 $152,640 $237,526 $400,996 <br /> <br />STAFF RECOMMENDATIONS: <br />Staff recommends that the City Council approve the Resolution receiving the Feasibility Report and <br />Calling for an Improvement Hearing for Twin Lake Boulevard, City Project No. 2023-04. The date of <br />the hearing would be November 30, 2022. <br />