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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, 1980 <br />Year Collectible Certificates of Indebtedness <br />1981 <br />1982 <br />Total <br />$36,327 <br />23,538 <br />$59,865 <br />* Ad valorem levies are placed at 105% of debt service requirements, as <br />required by Minnesota Statues. <br />- 35 - <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />