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• Preliminary Draft-Implementation Plan for Responding to Flooding <br /> Problems in the City of St.Anthony <br /> WSB Project No. 1065.10 <br /> December 12, 199 7 <br /> Page 4 <br /> would utilize its bonding capacity as needed to allow improvements to be constructed by the year <br /> 2005. It is further anticipated the City might secure 15-year bonds to pay for improvements <br /> constructed by the year 2005. These bonds would be anticipated to have 15-year maturity date so <br /> as to be paid off by the year 2020. The recommended order in which storm drainage improvements <br /> should be constructed and the preliminary estimated cost for the improvement is outlined below: <br /> Project Priority Preliminary Estimated Cost <br /> Construct Improvements in Area 2 $1,334,000 <br /> Construct Improvements in Area 5 $1,749,000 <br /> Construct Improvements in Area 3 $1,404,000 <br /> Construct Improvements in Area 4 $25,000 <br /> Construct Improvements in Area 12 $96,000 <br /> • Construct Improvements in Area 8 - 10 $872,000 <br /> Construct Improvements in Area 7 $85,000 <br /> Construct Improvements in Area 11 $81,000 <br /> Construct Improvements in Area 6 $26,000 <br /> Construct Improvements in Area 1 $43,000 <br /> Construct Improvements in Area 13* $0 <br /> Total $5,715,000 <br /> *Storm water improvements in Area 13 are to be constructed when redevelopment occurs. <br /> • <br /> F.IWPWIM I063.I01I2/I9".memo <br />