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CITY OF ORONO, MINNESOTA <br />Table 14 <br />Taxpayer <br />Principal Taxpayers <br />Type of Business <br />Assessed 1994 <br />Payable 1995 <br />Tax Capacity <br />Percent <br />of Total <br />Tax Capacity <br />Washington Scientific Manufacturing $ 125,655 0.89 % <br />Wayzata Country Clth Private Club 106,261 0.75 <br />Private Residence Single Family Residence 99,280 0.71 <br />Private Residence Single Family Residence 89.054 0.63 <br />Van Dale, Inc.Manufacturing 69,140 0.49 <br />Private Residence Single Family Residence 66,668 0.47 <br />Private Residence Single Family Residence 62,601 0.44 <br />Otten Brothers Nursery Nursery - Garden Center 60,095 0.43 <br />Private Residence Single Family Residence 48,986 0.35 <br />Private Residence Single Family Residence 48,385 0.34 <br />$ 776,125 5.50 % <br />Note: Beginning with taxes payable in 1989, the terminology for Assessed Valuations and Mill Rates is <br />no longer used. Tax Capacity replaces Assessed Valuations and is determined in the same manner <br />except using smaller percentages for each property class. Tax Extension Rates are determined in <br />a similar manner to Mill Rates in that the tax levy is divided by the Tax Capacity. <br />-125-