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05/04/1998 Park Board Packet
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05/04/1998 Park Board Packet
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Park Board
Park Bd Document Type
Park Board Packet
Meeting Date
05/04/1998
Park Bd Meeting Type
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CITY WOF <br /> LINOLAKES <br /> 1998 PARKS BOND REFERENDUM OPTIONS <br /> March 16, 1998 <br /> Option 1 <br /> Neighborhood Park Improvements 1.2 million <br /> Birch Street Trail Segment 118,000 <br /> Total Option 1 $1.318 million <br /> Option 2 <br /> Neighborhood Park Improvements 1.2 million <br /> Birch Street Trail Segment 118,000 <br /> Land Acquisition—Rec Complex 1 million <br /> Total Option 2 $2.318 million <br /> Option 3 <br /> Neighborhood Park Improvements 1.2 million <br /> Birch Street Trail Segment 118,000 <br /> Land Acquisition - Recreation Complex 1 million <br /> Development of Recreation Complex 3.2 million <br /> Total Option 3 $5.518 million <br /> Estimated Annual Tax Impact (Monthly): <br /> Assessed Value 4 $125,000 $150,000 $200,000 <br /> 2 million 36 3.00 43 3.58 58 4.83 <br /> 3 million 54 4.50 65 5.42 87 7.25 <br /> 4 million 72 6.00 87 7.25 116 9.67 <br /> 5 million 90 7.50 108 9.00 145 12.08 <br /> 6 million 103 8.58 122 (10.17). 163 13.58 <br /> PARK, RECREATION, FORESTRY, & RECYCLING DEPARTMENTS <br /> 7204 Lake Drive • Lino Lakes,Minnesota • 55014 <br /> Phone:617-780-1885 • Fax: 612-784-7227 <br />
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