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<br />year of service). This study determined that no City funds would be needed to fund the <br />Lino Lakes SVFRP. Below is a table prepared by PERA staff: <br />Year End <br />Cost for <br />Current POC <br />Service <br />Members (22) <br />Cost @ 25 <br />POC Service <br />Members <br />Cost @ 30 <br />POC Service <br />Members <br />Cost @ 35 <br />POC Service <br />Members <br />Cost @ 40 <br />POC Service <br />Members <br />Estimated <br />MN State <br />Fire Aid <br />12.31.2020 $ 59,887.00 $ 69,443 $ 85,369 $ 101,295 $ 117,221 $ 124,941 <br />12.31.2021 $ 56,750.00 $ 67,689 $ 85,922 $ 104,154 $ 122,387 $ 128,520 <br />12.31.2022 $ 53,066.00 $ 65,473 $ 86,150 $ 106,828 $ 127,505 $ 132,223 <br />12.31.2023 $ 48,791.00 $ 62,753 $ 86,022 $ 109,291 $ 132,560 $ 136,056 <br />12.31.2024 $ 43,877.00 $ 59,487 $ 85,503 $ 111,519 $ 137,535 $ 140,023 <br />12.31.2025 $ 38,271.00 $ 55,627 $ 84,556 $ 113,484 $ 142,412 $ 144,129 <br />12.31.2026 $ 31,778.00 $ 50,987 $ 83,002 $ 115,017 $ 147,032 $ 148,379 <br /> <br />Staff is recommending utilizing Resident Police/Firefighters as one of the strategies to <br />address the Fire Division staffing shortage. <br /> <br />If Council is supportive of this direction, staff will contact LELS to determine if they are <br />agreeable to entering the MOU previously proposed. Once a MOU has been developed, <br />staff will bring the MOU back to Council for formal ratification. <br /> <br />Attachments <br /> <br />Staff Report and MOU as presented on June 27, 2016