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CITY OF LINO LAKES Project No. <br /> CAPITAL PROJECT REQUEST FORM <br /> TYPE: Land (Land, Building, Improvement Project, Vehicle, Equipment) <br /> DATE: 9/26/96 <br /> DEPARTMENT: Parks <br /> SUBMITTED BY: Marty Asleson <br /> DESCRIPTION: N-14 Park Land Needs, South Baldwin Neighborhood Area <br /> Land Needs <br /> NEW: X REPLACEMENT: <br /> PURPOSE: To provide the remainder of the open space needs for this neighborhood area <br /> in regards to our Comprehensive Plan. 1.5 acres exist in the mini-park <br /> established in the Woods of Baldwin Lake. Total park acreage needs amount <br /> to about 6 acres. Remainder of 4.5 acres needed. Discussion of a lease/purchase <br /> has been discussed with the owners, the Shorview Covenant Church. <br /> COST: <br /> Per Unit: $13,000/Acre Total: $52,000 <br /> Additional Costs: <br /> (Less Trade-In or Discount): <br /> Total Puchase Price: $52,000 <br /> FUNDING SOURCE: <br /> 1997 1998 1999 2000 2001 <br /> General Fund $10,400 $10,400 $10,400 $10,400 <br /> CIP Fund <br /> Lease/Purchase <br /> G.O. Bonds <br /> PROJECTED START DATE: 1998 <br /> /'`\ <br /> PROJECTED COMPLETION DATE: 2002 <br />