Laserfiche WebLink
• <br />• <br />CITY OF LINO LAKES <br />MUNICIPAL BUILDINGS AND FACILITIES <br />CAPITAL IMPROVEMENT PLAN FOR 2006 — 2010 <br />The Municipal Buildings and Facilities Capital Improvement Plan for 2006 — 2010 is <br />prepared pursuant to the requirements of Minnesota Statutes, Section 475.521. The Plan <br />is intended to cover only municipal buildings and facilities and is not intended to include <br />other capital improvements which the City expects to acquire or construct. This Plan <br />covers the period of September 1, 2006 through September 1, 2010 and is subject to <br />amendment form time to time by action of the City Council. <br />The municipal building and facilities requirements included in this Plan is the acquisition <br />of the city hall and police building portions of the existing Civic Center Complex from <br />the Lino Lakes Economic Development Authority at such time as significant financing <br />costs savings can be achieved, possibly on or about December 1, 2006 at an estimated <br />cost of approximately $3,600,000 to provide for the continued city hall and public safety <br />needs of the City. The cost of this acquisition would be paid from the proceeds of <br />general obligation bonds of the City payable from property taxes. <br />-45e- <br />