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x <br />v la A Vta <br />LA PORTE REDEVELOPMENT AUTHORITY <br />NOTES TO THE FINANCIAL STATEMENTS <br />SEPI:`EMBER 30, 2013 <br />NOTE 10. ANNEXATION DEPOSIT <br />During current fiscal year, a developer submitted an annexation deposit of $25,000. Annexation <br />fees paid by the authority of $15,000 have been applied to the deposit, leaving a balance of <br />$10,000 at year end. <br />-21- <br />