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Ten of the Largest Taxpayers <br />Taxpayer <br />Target Corporation <br />Lino Lakes Realty LLC <br />Xcel Energy <br />Kohl's Department Store <br />Molin Concrete Products <br />Taylor Corporation <br />Gargaro Properties LLC <br />Lino Lakes Business Center <br />F &G Incorporated <br />Legacy Holdings LLC <br />Total <br />Type of Property <br />Retail <br />Commercial /Industrial <br />Utility <br />Retail <br />Commercial /Industrial <br />Commercial /Industrial <br />Commercial /Industrial <br />Commercial /Industrial <br />Commercial /Industrial <br />Commercial <br />Represents 6.5% of the City's 2006 taxable net tax capacity. <br />CITY INDEBTEDNESS <br />Legal Debt Limit <br />Legal Debt Limit (2% of Taxable Market Value) <br />Less: Outstanding Debt Subject to Limit <br />(Including Installment Contract issue) <br />Legal Debt Margin as of April 30, 2007 <br />General Obligation Debt Supported by Taxes* <br />Date Original <br />of Issue Amount <br />2 -1 -04 $ 274,000 <br />2 -1 -05 107,000 <br />2 -1 -06 307,000 <br />11 -1 -06 2,990,000 <br />2 -1 -07 160,000 <br />Total <br />Purpose <br />Equipment Certificates <br />Equipment Certificates <br />Equipment Certificates <br />CIP Refunding <br />Equipment Certificates <br />These issues are subject to the statutory debt limit. <br />9 <br />2006 Net <br />Tax Capacity <br />$ 265,254 <br />256,862 <br />148,787 <br />131,706 <br />124,375 <br />117,902 <br />91,274 <br />89,862 <br />88,256 <br />87,018 <br />$1,401,296* <br />$38,556,150 <br />(4,262,000) <br />$34,294,150 <br />Final <br />Maturity <br />12 -31 -2007 <br />12 -31 -2008 <br />12 -31 -2009 <br />2 -1 -2018 <br />12 -31 -2010 <br />Principal <br />Outstanding <br />As of 4 -30 -07 <br />$ 98,000 <br />72,000 <br />307,000 <br />2,990,000 <br />160,000 <br />$3,627,000 <br />