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O• <br /> Lino Lakes Parks and Recreation Department <br /> 7204 Lake Drive <br /> C jI T� Y O F Lino Lakes, MN 55014 <br /> 1 �l KE (612) 780-1885 Fax (612) 784-7227 <br /> April29, 1998 <br /> TO: Park Board Members <br /> FROM: Rick DeGardner, Parks and Recreation Director <br /> SUBJECT: Excess Fund Balance <br /> At the April 22 work session, City Council designated approximately $153, 650 towards <br /> n playground equipment in our neighborhood parks. This amount will not be official until the end <br /> of May when the audit is completed. <br /> The Park staff will be able to install 3 additional playground structures this year. Perhaps the <br /> Park Board should identify which 3 neighborhood parks will receive new playground equipment <br /> in 1998. <br /> I anticipate requiring neighborhood volunteers be used to help install the new equipment. This <br /> has been very successful. Having the equipment installed by the manufacturer would increase <br /> the cost by approximately 25 percent. <br /> I will bring some playground proposals, indicating cost estimates, at the May Park Board <br /> meeting. <br /> 4/29/98 <br /> sw/parkbrd/excess fund balance memo.doc <br /> .-1 <br />