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<br />improvements to Arena Acres Park and Lino Lakes Elementary School. <br /> <br />2. Recommend dedicating land for neighborhood park. Designate remaining cash dedication <br />from Natures Refuge and remaining cash dedication from Natures Refuge North (after park <br />land and trails credit) for limited park development. Estimate credit of $38,500 per acre <br />and $75,000 for trails – similar for Natures Refuge. Any future development in the area <br />could be designated for additional park development. <br /> <br />Assuming a 3-acre park and similar length of trails as Natures Refuge, there would be <br />approximately $510,372 remaining. A 5-acre park would provide around $433,372 for <br />development. <br /> <br /> <br />Attachments <br />Natures Refuge North - Concept Plan A with Aerial – 8/28/2023 <br />Figure 10-1 Parks, Greenways, and Trail System <br />Table 10-1: Park Classification <br />Neighborhood Parks – Pages 10-8 to 10-12, 2040 Comp Plan <br />Natures Refuge Potential Park Dedication Fees <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />