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06-03-2024 Council Work Session Packet
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06-03-2024 Council Work Session Packet
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6/5/2024 3:12:24 PM
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6/5/2024 3:04:05 PM
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City Council
Council Document Type
Council Packet
Meeting Date
06/03/2024
Council Meeting Type
Work Session Regular
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Key Points Regarding for Our Analysis <br />This analysis focuses on current park and trail asset replacements and upgrades; <br />It does not include normal day-to-day operations, maintenance, and repair. <br />This analysis was done in 2025 dollars; <br />Includes a 2% inflationary adjustment for future assets. <br />As new assets are added to the system, the annual cost for replacement and upgrades will clearly need to go up. <br />We apologize for how long it took to bring this review to your attention! <br />We just needed time to confirm the data, complete our analysis, and develop realistic recommendations. <br />6/3/2024Presentation to the Lino Lakes City Council <br />7
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