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City of Lino Lakes, Minnesota <br /> February 14, 1995 <br /> Page 2 <br /> There is also the politically unpopular method of condemnation and we recognize this would <br /> generally be used as a last resort method of land acquisition. <br /> While the concept has significant merit, the implementation with the use of bond proceeds has <br /> significant drawbacks. As an alternative, if the City could "find" some undesignated funds to <br /> leverage, the plan might become a little more attainable. We are not aware of any current <br /> investment vehicles which would yield a 300% growth in seven years; a broker or investment <br /> advisor would be the appropriate contact for that. <br /> I would be happy to discuss this information further with you and/or the Park Board at your <br /> convenience. <br /> Sincerely, <br /> Gerard B.Y� aWn o <br /> Vice President <br /> mmc <br /> /Saint Paul Office <br /> Enclosures <br />