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• <br />Lino Lakes Parks and Recreation Department <br />600 Town Center Parkway <br />Lino Lakes, MN 55014 <br />(651) 982 -2440 Fax (651) 982 -2439 <br />• <br />• <br />May 31, 2001 <br />TO: Park Board Members <br />FROM: Rick DeGardner, Public Services Director <br />SUBJECT: Bond Referendum Update <br />Several documents pertaining to a potential referendum were reviewed and discussed at the April <br />2, 2001 Park Board meeting. Items included were Resolution 97 -30, council support to <br />referendum, the referendum process overview, various Park Board meeting minutes, Spring, <br />1998 article in City Newsletter, program statement/cost analysis, estimated annual tax impact <br />analysis, and check list for a successful referendum. <br />The City Council discussed a potential bond referendum during the May 16, 2001 Goal Setting <br />meeting. There was some interest to consider a possible bond referendum next spring. Staff and <br />the City Council will continue to consider a potential referendum next year during the upcoming <br />budget meetings. If the City Council approves pursuing a bond referendum next year, a <br />commitment of General Fund dollars for a special election, informational materials, and <br />consultants would need to be included in next year's budget. <br />I will keep the Park Board informed as discussions related to a possible bond referendum <br />continues. <br />sw /parkbrd/meeting information/bond referendum update.doc <br />