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STATE OF MINNESOTA <br />) SS <br />COUNTY OF ANOKA <br />CERTIFICATE AS TO TAXES AND TAXABLE <br />PROPERTY IN THE CITY OF LINO LAKES <br />(Herein called the "TAXING DISTRICT") <br />• I hereby certify that the TAXING DISTRICT is situated ENTIRELY in this County and that: <br />1. CURRENT VALUATION -The market value and net tax capacities of all taxable propery in the TAXING <br />DISTRICT in this county as assessed in 1997 for the purpose of computing the rates of taxes collectable <br />in 1998 are as follows: <br />• <br />Estimated Net <br />Market Value Tax Capacity <br />Real Estate: <br />Residential Homestead (Non -Ag) 553,568,700 7,669,759 <br />(Class la & lb) <br />Agricultural (Class 2 and 4b(3)) 14,251,500 157,954 <br />Commercial & Industrial (Class 3, 5(1), <br />& 5(3) [zoned Comm., Ind., Publ. Util.]) <br />Commercial & Industrial 27,806,700 964,738 <br />Public Utility 192,300 7,692 <br />Railroad operating Property 0 0 <br />Non -Homestead Residential 20,688,400 444,762 <br />(Class 4a, 4b(1-2), 4c(1-4) (7-8), 4d & 4e) <br />Commercial & Residential Seasonal/Rec. 0 0 <br />(Class lc & 4c(5-6)) <br />Other 0. 0 <br />Total Real Estate 616,507,600 9,244,905 <br />Total Personal Property 10,916,200 434,234 <br />Total Real & Personal Property 627,423,800 9,679,139 <br />If applicable to the TAXING DISTRICT <br />Subtract: Captured tax capacity of tax increment district 555,542 <br />10% of 200 KV transmission lines 0 <br />Fiscal Disparity Contribution Value 358,998 <br />Subtotal: Local Tax Rate Determination Value 8,764,599 <br />Add: Fiscal Disparity Distribution Value 1,395,540 <br />Total Adjusted Taxable Net TaxCapacity 10,160,139 <br />