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1998 PARKS BOND REFERENDUM OPTIONS <br />March 16, 1998 <br />Option 1 <br />Neighborhood Park Improvements 1.2 million <br />Birch Street Trail Segment 118,000 <br />Total Option 1 $1.318 million <br />Option 2 <br />Neighborhood Park Improvements 1.2 million <br />Birch Street Trail Segment 118,000 <br />Land Acquisition Rec Complex 1 million <br />Total Option 2 $2.318 million <br />Option 3 <br />Neighborhood Park Improvements 1.2 million <br />Birch Street Trail Segment 118,000 <br />Land Acquisition - Recreation Complex 1 million <br />Development of Recreation Complex 3.2 million <br />Total Option 3 <br />Estimated Annual Tax Impact (Monthly): <br />$5.518 million <br />Assessed Value -i <br />$125,000 <br />$150,000 <br />$200,000 <br />2 million <br />36 <br />(3.00) <br />43 <br />(3.58) <br />58 <br />(4.83) <br />3 million <br />54 <br />(4.50) <br />65 <br />(5.42) <br />87 <br />(7.25) <br />4 million <br />72 <br />(6.00) <br />87 <br />(7.25) <br />116 <br />(9.67) <br />5 million <br />90 <br />(7.50) <br />108 <br />(9.00) <br />145 <br />(12.08) <br />6 million <br />103 <br />(8.58) <br />122 <br />(10.17) <br />163 <br />(13.58) <br />PARK, RECREATION, FORESTRY, & RECYCLING DEPARTMENTS <br />7204 Lake Drive • Lino Lakes, Minnesota • 55014 <br />Phone: 617- 780 -1885 • Fax: 612- 784 -7227 <br />