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CITY OF LINO LAKES <br />DEFERRED TAX LEVIES (AD VALOREM) FOR FUTURE DEBT SERVICE <br />OF GENERAL OBLIGATION BONDS* <br />As of December 31, 1976 <br />EXHIBIT E <br />Year Collectible <br />1977 <br />1978 <br />1979 <br />1980 <br />Municipal Building Bonds <br />$13,400 <br />12,700 <br />12,000 <br />11,300 <br />Total $49,400 <br />* Ad valorem levies are placed at 105% of debt service requirements, as required <br />by Minnesota Statutes. <br />