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Setting the Stage (in theory @ 30,000 ft) <br />Current Park Assets <br />We have 22 parks with current <br />hard assets (park features & <br />internal trails) worth more than <br />$5,t000t0000 <br />m Based on national guidelines and <br />local experience for typical <br />replacement cycles, this would <br />suggest we should budget about <br />4% (or $200,000) annually to <br />replace and/or upgrade our <br />current park assets. <br />Presentation to the Lino Lakes City Council <br />6/3/2024 <br />