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<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center"
align=center><BR><B style="mso-bidi-font-weight: normal"><U><SPAN
style="FONT-SIZE: 24pt; COLOR: red"><FONT size=7>PROPERTY OWNERS ALERT #
37</FONT></SPAN></U></B><U><BR style="mso-special-character: line-break"><BR
style="mso-special-character: line-break"><o:p></o:p></U></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><o:p> </o:p></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt">DATE: <SPAN
style="mso-tab-count: 1">
</SPAN><st1:date Month="1" Day="15" Year="2004">January 15,
2004</st1:date><BR>TO: <SPAN
style="mso-tab-count: 2">
</SPAN><st1:place><st1:PlaceName>Incline</st1:PlaceName>
<st1:PlaceType>Village</st1:PlaceType>
<st1:PlaceName>Crystal</st1:PlaceName>
<st1:PlaceName>Bay</st1:PlaceName></st1:place> Property Owners<BR>FROM:<SPAN
style="mso-tab-count: 1">
</SPAN>The <st1:State><st1:place>Nevada</st1:place></st1:State> Property Tax
Revolt<BR>SUBJECT: <SPAN
style="mso-tab-count: 1"> </SPAN>Appealing
your Property Taxes <SPAN
style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">–
What you need to know.</SPAN><o:p></o:p></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><o:p> </o:p></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt">Dear Friends,<o:p></o:p></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><o:p> </o:p></P><FONT
face="Comic Sans MS" color=#000080 size=2></FONT>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt">Our efforts to generate a
groundswell of support encouraging our property owners to appeal their
property taxes has been a big success.<SPAN style="mso-spacerun: yes">
</SPAN>We have had a tremendous response and support.<SPAN
style="mso-spacerun: yes"> </SPAN>As of this evening we have heard
that Incline Village/<st1:City><st1:place>Crystal</st1:place></st1:City> Bay
have filed over 1,500 appeals (up from 123 last year) with the
<st1:place><st1:PlaceType>County</st1:PlaceType>
<st1:PlaceName>Board</st1:PlaceName></st1:place> of Equalization.<SPAN
style="mso-spacerun: yes"> </SPAN>As a result we have been inundated
with dozens of calls and email messages from property owners asking for
information on to how the appeal system works and what you can do to prepare
for your appeal.<SPAN style="mso-spacerun: yes">
</SPAN><o:p></o:p></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"> </P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt">As a result of your requests
we have prepared an outline below of ideas and suggestions on how you might
approach your appeal. This turns out to be a rather lengthy
document due to the fact that the outline of suggestions attempts
to give you as much detail as possible to help you intelligently
present your appeal. Most of us have never had the need to become
experts in appraisal methodology or regulations so for many of our property
owners this information is critical. This will be your major
guide, so you may want to print this our and study it
carefully. <o:p></o:p></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face="Comic Sans MS"
color=#000080 size=2></FONT><BR>The administrative appeal
process.<BR>=============================<BR><BR>Filing an appeal and
pursuing it to completion is important for any taxpayer seeking relief for
over taxation. Failure to do that could compromise your ability to
benefit from relief should some become available.<BR><BR>Most people have
received a 50+ page package which, among other things, includes two pages of
information and instructions for taxpayers and boards of equalization.
This material should be reviewed to familiarize oneself with the formal
process. Most of the information contained in this package is general
statistical data that gives you no help in <SPAN
style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">analyzing</SPAN>
the "Taxable Value" of your land.<BR><BR>The board of equalization can make
minor adjustments in assessments based on factual
errors. Example<B style="mso-bidi-font-weight: normal">s</B>
of<SPAN style="COLOR: blue"> </SPAN>factual errors include wrong square
footage, wrong acreage, wrong <BR>quality class, or failure to recognize
some detrimental attribute of a property (like an adjacent busy
highway, sewage plant, etc). Experience shows that the assessors
make many mistakes with alarming frequency. So it is worthwhile to
check over the basic data on the residential record card you have
received.<BR><BR>Another high error rate area is view classification.
We believe the whole view classification system is fundamentally flawed and
illegal. Many of those who have compared their actual views to
the assessor's view book have been able to get downward adjustments. The
assessor reportedly judges your home's view by doing a drive by on the
street. The assessor's view book is available at the local library
Unfortunately, the county board of equalization has shown unwillingness to
rule on pictorial evidence in the hearings that was provided by the
taxpayer. Last year they directed the assessor to revisit those who
had view classification issues. Some 70% of those folks got
reductions.<BR><BR>The most serious problem with our assessments stem from
the actual methods used to determine land value. Besides being flawed
we believe some of them to be illegal.<BR
style="mso-special-character: line-break"><BR
style="mso-special-character: line-break"><o:p></o:p></P>
<OL style="MARGIN-TOP: 0in" type=1>
<LI class=MsoNormal
style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo1; tab-stops: list .5in">The
assessment of your land last year was probably incorrect in at least one
of the following areas:<o:p></o:p></LI></OL>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 1in; TEXT-INDENT: -0.25in; mso-list: l0 level2 lfo1; tab-stops: list 1.0in"><SPAN
style="mso-list: Ignore">a)<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN>View – If you have any view of the <st1:place>Lake</st1:place>
from your home, it was probably over-valued.<SPAN
style="mso-spacerun: yes"> </SPAN>Their error rate on view
calculations was 70% and not in the favor of the taxpayer.<o:p></o:p></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 1in; TEXT-INDENT: -0.25in; mso-list: l0 level2 lfo1; tab-stops: list 1.0in"><SPAN
style="mso-list: Ignore">b)<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN>Time adjustment – this unapproved method affects the value of
every home in the Incline/Crystal Bay area.<o:p></o:p></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 1in; TEXT-INDENT: -0.25in; mso-list: l0 level2 lfo1; tab-stops: list 1.0in"><SPAN
style="mso-list: Ignore">c)<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN>Tear-downs – if the assessor thought that a home MIGHT be torn
down he placed the entire value of that property on the land and then valued
YOUR land at that same value PLUS your home.<SPAN
style="mso-spacerun: yes"> </SPAN>In other words, you were
double-taxed.<o:p></o:p></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 1in; TEXT-INDENT: -0.25in; mso-list: l0 level2 lfo1; tab-stops: list 1.0in"><SPAN
style="mso-list: Ignore">d)<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN>Condos – the land for each condo was valued as if the condo
was situated on its own residential sized lot.<o:p></o:p></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 1in; TEXT-INDENT: -0.25in; mso-list: l0 level2 lfo1; tab-stops: list 1.0in"><SPAN
style="mso-list: Ignore">e)<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN>Lakefronts – a formula was devised that made the land in
<U>larger</U> parcels <U>less</U> expensive than in the smaller parcels, and
the <U>more</U> frontage that a parcel had the <U>less</U> expensive it
became per foot.<SPAN style="mso-spacerun: yes"> </SPAN>The method
obviously defies logic.<o:p></o:p></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-INDENT: -9pt"><BR><BR>The
<st1:place><st1:PlaceType>County</st1:PlaceType>
<st1:PlaceName>Board</st1:PlaceName></st1:place> of Equalization so far has
refused<SPAN style="COLOR: blue"> </SPAN>to rule on matters related to law
and on <o:p></o:p></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt">methodologies. That is
why most of those who appealed last year got little relief, if any.
But the class action lawsuit is aimed directly at these issues.<BR><BR>The
assessor has yet to provide a detailed explanation or justification of their
assessment methodologies. A frequently heard response is "the
interpretation and use of sales data relies upon appraiser education and
experience." And then<SPAN style="COLOR: blue"> </SPAN>we get the
challenge, "your taxable value doesn't <BR>exceed the price you would be
willing to sell your house does it?" Neither remark gets us closer to
understanding whether we've had a fair and equal appraisal. We are all
frustrated by this persistent refusal to convey the exact calculations
applied to our properties.<BR><BR>What we do know is that the assessor
manufactured vacant land sales by classifying various properties with torn
down houses or “to-be-torn-down” houses as "vacant land". Your
package includes those properties for different areas in
<st1:place><st1:PlaceName>Incline</st1:PlaceName>
<st1:PlaceType>Village</st1:PlaceType></st1:place>. <BR><BR>We
also know that, with no vacant land sales data, the assessor time-adjusted
upward three and four year old<SPAN style="COLOR: blue"> </SPAN>sales to
absurdly high levels. We believe that the net result of these two
practices reallocates the value of building to the land. So if the
actual market value of your home increases, that increase gets reclassified
as an increase in your <B style="mso-bidi-font-weight: normal"><U><SPAN
style="COLOR: blue">land value</SPAN></U></B>. Then the assessor adds
their separately determined valuation of your building to that number.
<BR><BR>Preparing for your appeal<BR>=======================<BR><BR>1.
Review the appeal information and instruction package provided by <BR>the
assessor<BR>2. Review the factual information about your property for gross
errors<BR>3. Contact the assessor via fax or phone to request more specific
<BR>explanation about how your property value was determined. Don't expect
<BR>to get much.<BR>4. Start preparing a written statement. Begin by
writing down points <BR>to be heard by the board of equalization. <BR
style="mso-special-character: line-break"><BR
style="mso-special-character: line-break"><o:p></o:p></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.25in; TEXT-INDENT: -0.25in">Here are some
ideas:<BR><BR style="mso-special-character: line-break"><BR
style="mso-special-character: line-break"><o:p></o:p></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.25in; TEXT-INDENT: -0.25in">1. <SPAN
style="mso-spacerun: yes"> </SPAN>Explain whether you were
provided sufficient information to understand your appraisal and prepare
your appeal.<SPAN style="mso-spacerun: yes"> </SPAN>A significant
number of property owners have never had an explanation of the methods used
to value their property.<o:p></o:p></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.25in; TEXT-INDENT: -0.25in"><o:p> </o:p></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.25in; TEXT-INDENT: -0.25in">2. <SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN>Disclose the magnitude of your
property's taxable value increase over the last 3 years and how that
compares to the median sales price increase in
<st1:place><st1:PlaceName>Incline</st1:PlaceName>
<st1:PlaceType>Village</st1:PlaceType></st1:place>.<BR
style="mso-special-character: line-break"><BR
style="mso-special-character: line-break"><o:p></o:p></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.25in; TEXT-INDENT: -0.25in">3.<SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN>Discuss the specific factual errors
made related to your property and provide concrete evidence to substantiate
your claim (view, lot size, etc)<BR
style="mso-special-character: line-break"><BR
style="mso-special-character: line-break"><o:p></o:p></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.25in; TEXT-INDENT: -0.25in">4. <SPAN
style="mso-spacerun: yes"> </SPAN>Report how your land value
compares to that of the so-called "vacant land sales"? Did
the<o:p></o:p></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt 0.25in">Assessor provided you
with the list of vacant land sales in your neighborhood?<SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN>If a tear down was used as a
comparable land sale, does it apply to you? Have you ever indicated to
the assessor that you might tear your home down?<BR
style="mso-special-character: line-break"><BR
style="mso-special-character: line-break"><o:p></o:p></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.25in; TEXT-INDENT: -0.25in">5. <SPAN
style="mso-spacerun: yes"> </SPAN>If you are disputing view, take
pictures and be prepared to explain how they justify a different view
classification. <o:p></o:p></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.25in; TEXT-INDENT: -0.25in"><o:p> </o:p></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.25in; TEXT-INDENT: -0.25in">6. <SPAN
style="mso-spacerun: yes"> </SPAN>Compare your assessments to
those of your neighbors. <SPAN style="mso-spacerun: yes"> </SPAN>Click
on this link to our web site,<SPAN style="mso-spacerun: yes">
</SPAN><A
href="http://nevadapropertytaxrevolt.org/TaxableValues.html">http://nevadapropertytaxrevolt.org/TaxableValues.html
<SPAN style="mso-spacerun: yes"> </SPAN></A><SPAN
style="mso-spacerun: yes"> </SPAN>this link will take you to the
Assessors data base which shows, by parcel number, the taxable and assessed
value for every property in
<st1:place><st1:PlaceName>Incline</st1:PlaceName>
<st1:PlaceType>Village</st1:PlaceType></st1:place> and
<st1:place><st1:PlaceName>Crystal</st1:PlaceName>
<st1:PlaceName>Bay</st1:PlaceName></st1:place>. You can look up you taxable
and assessed values plus all others in you neighborhood. Is there any
significant difference between your land value and your neighbors?<SPAN
style="mso-spacerun: yes"> </SPAN>Are the “taxable values”
approximately the same?<SPAN style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN>Does any obvious unfairness or
inequity exist?<BR style="mso-special-character: line-break"><BR
style="mso-special-character: line-break"><o:p></o:p></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.25in; TEXT-INDENT: -0.25in">7. <SPAN
style="mso-spacerun: yes"> </SPAN>If you've purchased your home
in the last five years check if the reverse application of the
time-adjustment results in a sales price above what you actually paid.
Specifically, take your<o:p></o:p></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt 0.25in">property's current
taxable value and reduce it by the time-adjustment factor five times.
Is that value always below your purchase price? If not, we'd like to
hear more about that.<BR style="mso-special-character: line-break"><BR
style="mso-special-character: line-break"><o:p></o:p></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.25in; TEXT-INDENT: -0.25in">8. <SPAN
style="mso-spacerun: yes"> </SPAN>Ask for specific relief.
But what to ask for? It’s up to you. The dramatic increase in
our taxable values come largely from inappropriate jumps in land valuation
after fiscal tax year 2002. You may wish to simply ask for a land
value equal to your 2002 “taxable value”. Or you may feel the 2001
value better represents your situation. Or you may have made a
calculation based on some specific comparable sales you feel applies to your
property. In any case, you'll <o:p></o:p></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt 0.25in">need to substantiate
your request.<BR><BR style="mso-special-character: line-break"><BR
style="mso-special-character: line-break"><o:p></o:p></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt">Be truthful in all of your
statements. They are made under oath. Also, do not spend time
discussing property taxes. They are not relevant for getting relief
from the board of equalization.<BR><B
style="mso-bidi-font-weight: normal"><BR><FONT size=4><U>This is
important</U></FONT></B><U>,</U> if you live out of town or for any reason
you are unable to personally attend the hearing, on such short notice,<SPAN
style="COLOR: black"> by all means <U>write a letter to the County Board of
Equalization outlining your objections,</U> send your statement and/or
pictures to the <SPAN
style="FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">County
Board of Equalization </SPAN>office and request that it be made a part
of your Appeal Record.<SPAN style="mso-spacerun: yes"> </SPAN>They
<U>must</U> acknowledge your appeal, even if you can not be there in
person. Mailing Address: County Board of Equalization, PO Box
11130, Reno, NV 89502 Fax: 775 328-3641</SPAN></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><BR>We wish the best luck to
everyone. Meanwhile, your pursuit of relief<SPAN
style="mso-spacerun: yes"> </SPAN>keeps you in the game and supports
the lawsuit which we hope will stop these inequities and provide enduring
relief to all.<o:p></o:p></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><o:p> </o:p></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt">Friends, you have now just
had the five minute course on “how to become an instant appraiser”.<SPAN
style="mso-spacerun: yes"> </SPAN>This is not an easy task because we
are up against professionals with many years of experience.<SPAN
style="mso-spacerun: yes"> </SPAN>On the other hand we believe we have
provided you with enough information to help you make a proper appeal.<SPAN
style="mso-spacerun: yes"> </SPAN>Now you must do your
homework.<BR><BR>We will try to keep you advised, through emails and Alerts.
Check your Inbox as frequently as possible, so you don’t miss the news. It
could be very exciting. <SPAN
style="mso-spacerun: yes"> </SPAN><SPAN class=MsoCommentReference><SPAN
style="FONT-SIZE: 8pt"><A
style="mso-comment-reference: tlowe_1; mso-comment-date: 20040115T1635"></A></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><o:p> </o:p></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt">Good luck to
all.<o:p></o:p></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><o:p> </o:p></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt">Regards,<o:p></o:p></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><B
style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 18pt; FONT-FAMILY: 'Freestyle Script'"><o:p> </o:p></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><B
style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 18pt; FONT-FAMILY: 'Freestyle Script'">Ted<o:p></o:p></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><B
style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 18pt; FONT-FAMILY: 'Freestyle Script'"><o:p> </o:p></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><B
style="mso-bidi-font-weight: normal">Ted Harris,<SPAN
style="mso-spacerun: yes"> </SPAN>Chairman Tax Revolt Sub-
Committee<o:p></o:p></B></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><B
style="mso-bidi-font-weight: normal">The Village League to Save Incline
Assets<o:p></o:p></B></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><B
style="mso-bidi-font-weight: normal">Ph:<SPAN
style="mso-spacerun: yes"> </SPAN>775-831-3914<o:p></o:p></B></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><B
style="mso-bidi-font-weight: normal"><A
href="mailto:tedgh@nvbell.net">tedgh@nvbell.net</A><o:p></o:p></B></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><B
style="mso-bidi-font-weight: normal"><A
href="http://nevadapropertytaxrevolt.org/">http://nevadapropertytaxrevolt.org/</A><o:p></o:p></B></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><B
style="mso-bidi-font-weight: normal"><o:p> </o:p></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; mso-layout-grid-align: none"><B><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">The Village League to Save
Incline Assets Board of Directors:<o:p></o:p></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; mso-layout-grid-align: none"><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Maryanne Ingemanson, President
-- Ted Harris, Tax Revolt Committee Chairman --Les Barta,
Law<o:p></o:p></SPAN></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; mso-layout-grid-align: none"><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Research -- Wayne Fischer,
Web-Master – Todd Lowe, Financial -- Dale Akers, Historian-- Chuck
Otto,<o:p></o:p></SPAN></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; mso-layout-grid-align: none"><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Public Relations -- Joyce
Anderson-Bock, Personal Relations<o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><B
style="mso-bidi-font-weight: normal"><o:p> </o:p></B></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><o:p> </o:p></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><o:p> </o:p></P>
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