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1A. Catching Up –Out of Date Assets <br />Summary from the Parks and Trail Asset spreadsheet <br />As of today, the total “past due” is $1,292,000. <br />That is approximately $178/LL household <br />Since a one-time catch-up is not practical, these costs will <br />likely need to be spread out over 5 to 10 years. <br />6/3/2024Presentation to the Lino Lakes City Council <br />13 <br />City of Lino Lakes <br />Public Services <br />Park & Trail Asset & Investment Summary <br />Annual Investements Needed for Lino Lakes Park & Trail System <br />Part 1: Catching Up Past Due Cost Cost Over 5 Yr Cost Over 10 Yr Cost / HH <br />A. Replacement of "Past Due" Park Assets $1,292,000 $274,109 $143,833 $178.28