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South Athletic Complex Site <br /> City of Lino Lakes, Minnesota <br /> calculation results in the annual contribution to the present <br /> value of the land. These are summarized below: <br /> Year 1: -$ 20,698.00 <br /> Year 2: -$ 16,500.00 <br /> Year 3: -$ 14,992.00 <br /> Year 4: -$ 13,629.00 <br /> Year 5: $ 78,635.00 <br /> Year 6: $ 308,369.00 <br /> total $321,185 <br /> Indicated Value of Raw Land rounded to $320,000.00 <br /> $320,000 / 82.5 acres $3,878.79 <br /> rounded to $3,900 per acre <br /> n <br /> Page 28 <br />