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City of Lino Lakes <br /> Park Board Meeting <br /> October 7, 1996 <br /> The deference of wac and sac charges has never been done and <br /> would be a consideration of the City Council if recommended by <br /> the Park Board. <br /> The options are to recommend to the City Council that they <br /> consider the proposal as presented in the letter from Tim Yantos <br /> or refer it back to staff for further consideration. Marty <br /> recommended option one, with the stipulation that a date must be <br /> set for a future city ownership date. <br /> Amy asked what sac and wac charges are . Marty responded it is <br /> sewer and water area charges . George asked if the $75, 000 was <br /> for the privilege to hook up or is there other charges that goes <br /> into sac and wac . Marty said this was for the privilege to <br /> connect to sewer and water. George thought that was what it <br /> meant and therefore before an agreement is reached he would want <br /> to know what the full purchase price is ahead of time. Marty <br /> thought it was about $13 , 500/acre with approximately 17 acres in <br /> this area. <br /> �-. Pam asked if the board went ahead with this if it would be <br /> setting a precedence. Marty said yes . <br /> Paul asked if this was a 10 year lease and how many acres would <br /> be involved. Marty said about 4 acres and they have never said <br /> this would be a closed end lease/purchase . He said he has been <br /> trying to tell them that the board would not act on a deal like <br /> this without that . Paul said this would be about a $940/acre/per <br /> year lease and he thought this price was high. <br /> Joe said he was concerned about putting money into amenities and <br /> not having the land after 10 years . Marty has talked to them <br /> about this . <br /> Betty asked if this was proposed could the City Council turn the <br /> Park Board' s recommendation down. Marty said yes . <br /> Paul asked if the price would be pre-determined when the lease is <br /> written. Marty said yes . <br /> Amy thought the city should get the land when the opportunity is <br /> there. <br /> Paul wanted to know if this would be a programmed park. Marty <br /> said the church had a meeting and they would like an informal <br /> 4 <br />