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CITY OF LINO LAKES, MINNESOTA <br />Exhibit 2 <br />SCHEDULE OF DEFERRED TAX LEVIES <br />December 31, 1989 <br />G. O. <br />Year of Equipment Equipment Improvement <br />Levy/ Certificates Certificates Bonds <br />Collection of 1989A of 1989B * of 1986 -A Total <br />1989/1990 $87,098 $71,196 $158,294 <br />1990/1991 82,278 67,875 $2,508 152,661 <br />1991/1992 77,459 69,791 1,689 148,939 <br />1992/1993 72,639 71,316 839 144,794 <br />1993/1994 67,819 67,190 135,009 <br />$387,293 $347,368 $5,036 $739,697 <br />* These certificates were authorized but not issued at December 31, 1989. <br />