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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, 1978 <br />Year Collectible <br />1979 <br />1980 <br />Total <br />Municipal Building Bonds <br />$ 12,000 <br />11,300 <br />$ 23,300 <br />* Ad valorem levies are placed at 105% of debt service requirements, <br />as required by Minnesota Statutes. <br />