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12/18/2006 Council Packet
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12/18/2006 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
12/18/2006
Council Meeting Type
Regular
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•c ITY OF LINO LAKES <br />2007 -2011 Financial Plan <br />Park and Trail Capital Improvements <br />• <br />• <br />Funding Source Summary - Dedicated Parks Fund <br />Beginning Cash Balance 1/1 <br />Park Dedication Fees <br />2007 <br />$ 215,332 <br />2008 <br />$ 351,702 <br />2009 2010 <br />$ 490,799 $ <br />152,513 <br />152,513 <br />152,513 ,452'513 <br />General Fund Contribution -Imps <br />General Fund Surplus - Land <br />Park/Trail Capital Projects <br />25,000 <br />25,000 <br />152, <br />25,000 <br />25,000 <br />50,000 <br />50,000 <br />50,000 <br />50,000 <br />Installment on Rec Complex Land <br />Interest Income @ 4.00 % <br />(100, 000) <br />8,857 <br />(100,000) <br />)00) (1 >0 <br />(100,000) <br />11,584 <br />Ending Cash Balance 12/31 <br />$ 351,702 <br />$019$799 <br />799 <br />$ 632,679 <br />,204 <br />20,098 <br />,395 <br />*Assumes collecting 50% of park dedication in form of ca <br />Remaining 50% of park dedication ,land. <br />Park/Trail Capital Projects <br />$ 925,007 <br />@ $2,0 "'`;305,025 x 50% = $152,513). <br />Parks Compton, therefor not shown in forecast <br />
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