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• <br />515 Little Canada Road, Little Canada. MN 55117 -1600 <br />(651) 484 -2177 / FAX (651) 484 -4538 <br />MEMORANDUM <br />TO: Parks & Recreation Commission <br />FROM: Joel Hanson, City Administrator <br />DATE: July 24, 1998 <br />RE: Round Lake Property Acquisition <br />MAYOR <br />Michael I. Fahey <br />COUNCIL <br />Beverly Scalze <br />Jim LaValle <br />Steve Martian <br />Bob Pedersen <br />ADMINISTRATOR <br />Jae! R. Hanson <br />As you know, the Park Land Acquisition Fund has provided $220,000 to assist with the purchase <br />of homes along Round Lake we are acquiring for future open space and park development. <br />Attached is a cost summary of the purchase activity. Given the fact that the purchase of these <br />homes has occurred faster than we anticipated, we need an additional S75,940 in 1998 to fund <br />acquisitions to -date. It would be my recommendation that this money come from the Park Land <br />Acquisition Fund. Your recommendation on this matter would be appreciated in presenting it to <br />the City Council for final approval. Should you have comments or questions prior to Thursday's <br />meeting, please feel free to give me a call and I will be happy to discuss the matter with you. <br />JRH:kpv <br />P.S. Also enclosed is the map showing the parcels acquired to -date for your review. <br />Page 33 <br />