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1 <br />CITY OF LINO LAKES <br />DEFERRED TAX LEVIES (AD VALOREM) FOR FUTURE DEBT SERVICE <br />OF GENERAL OBLIGATION BONDS* <br />As of December 31, 1979 1 <br />1 <br />1 <br />Year Collectible Municipal Building Bonds <br />1980 $ 11,300 <br />1 <br />1 <br />* Ad valorem levies are placed at 105% of debt service requirements, as <br />required by Minnesota Statues. 1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />- 28 - <br />