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<DIV style="MARGIN: 0in 0in 0pt"><B><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">ALERT:</SPAN></B><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"> #82: Update on the Property Tax Revolt efforts<BR><B>DATE:</B> December 2, 2005<BR><B>TO:</B> Incline Village & Crystal Bay Property Owners<BR><B>FROM:</B> Nevada Property Tax Revolt Committee<o:p></o:p></SPAN></DIV>
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<DIV style="MARGIN: 0in 0in 0pt"><?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:place><st1:PlaceName><B><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Dear</SPAN></B></st1:PlaceName><B><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt"> </SPAN></B><st1:PlaceName><B><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Incline</SPAN></B></st1:PlaceName><B><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt"> </SPAN></B><st1:PlaceType><B><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Village & Crystal</SPAN></B></st1:PlaceType><B><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt"> </SPAN></B><st1:PlaceType><B><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Bay</SPAN></B></st1:PlaceType></st1:place><B><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt"> Taxpayers,<o:p></o:p></SPAN></B></DIV>
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<DIV style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 14pt; COLOR: green; FONT-FAMILY: Arial"><o:p> </o:p></SPAN></B></DIV>
<DIV style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 14pt; COLOR: green; FONT-FAMILY: Arial">An Update on our Property Tax Revolt Efforts<o:p></o:p></SPAN></B></DIV>
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<DIV style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify"><SPAN style="FONT-FAMILY: Arial"><FONT size=3>It has been nearly two months since we sent all of you an email update.<SPAN style="mso-spacerun: yes"> </SPAN>Our efforts are continuous and finally getting results.<SPAN style="mso-spacerun: yes"> </SPAN>Our biggest problem is that dealing with bureaucracies is painfully slow.<SPAN style="mso-spacerun: yes"> </SPAN><o:p></o:p></FONT></SPAN></DIV>
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<DIV style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify"><FONT size=3><SPAN style="FONT-FAMILY: Arial">We have five lawsuits pending in the District Courts and three in the Supreme Court, and are extremely frustrated by judges who put making decisions on our cases on the back burner.<SPAN style="mso-spacerun: yes"> </SPAN>As some rulings could set significant precedence in the State of </SPAN><st1:State><st1:place><SPAN style="FONT-FAMILY: Arial">Nevada</SPAN></st1:place></st1:State><SPAN style="FONT-FAMILY: Arial">, and have a profound impact on other lawsuits and local jurisdictions, the reluctance of the courts to issue an order becomes ever more clear.<o:p></o:p></SPAN></FONT></DIV>
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<DIV style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify"><SPAN style="FONT-FAMILY: Arial"><FONT size=3>The best way to get caught up on our recent activities is to read the articles published in the last two months by visiting our web page at: </FONT></SPAN><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt">http://www.nevadapropertytaxrevolt.org</SPAN></B><SPAN style="FONT-FAMILY: Arial"><o:p></o:p></SPAN></DIV>
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<DIV style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify"><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"><FONT size=3>Contributions<o:p></o:p></FONT></SPAN></B></DIV>
<DIV style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify"><SPAN style="FONT-FAMILY: Arial"><FONT size=3>Last month we mailed all 7000 of our members requesting additional financial help to support our efforts.<SPAN style="mso-spacerun: yes"> </SPAN>Over 300 individuals made contributions, for which we were very grateful.<SPAN style="mso-spacerun: yes"> </SPAN>As you are aware, ours is a non-profit organization that is solely supported by your donations.<SPAN style="mso-spacerun: yes"> </SPAN>The<o:p></o:p></FONT></SPAN></DIV>
<DIV style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify"><SPAN style="FONT-FAMILY: Arial"><FONT size=3>only costs that we incur, in attempting to win this huge effort to get our property taxes under control, are for attorneys' fees, experts, court fees, state filing fees, and mailing costs.<SPAN style="mso-spacerun: yes"> </SPAN>The hundreds of hours spent organizing, typing, filing, mailing, researching statutes, and transcribing hearings, appeals and other meetings are donated by volunteers, who are your neighbors.<SPAN style="mso-spacerun: yes"> </SPAN>Even with all of the work done that is unpaid, our costs to date have been a staggering $322,000, since late 2002, when we began this Herculean task; which we are winning, one step at a time.<o:p></o:p></FONT></SPAN></DIV>
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<DIV style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify"><B style="mso-bidi-font-weight: normal"><SPAN style="FONT-FAMILY: Arial"><FONT size=3>Taxable Write-Off<o:p></o:p></FONT></SPAN></B></DIV>
<DIV style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify"><SPAN style="FONT-FAMILY: Arial"><FONT size=3>You may be unaware that Congress just passed the, "Katrina Emergency Tax Relief Act of 2005", which allows you to deduct 100% of any donations made to qualified 501(c)(3) non-profit corporations such as ours, but only until December 31, 2005.<SPAN style="mso-spacerun: yes"> </SPAN>(Normally, just a <B style="mso-bidi-font-weight: normal"><U>portion</U></B> of your donations is allowed by the IRS to be tax deductible).<SPAN style="mso-spacerun: yes"> </SPAN>Were you planning to donate funds to qualifying organizations in the near future, it would be wise to take advantage of <SPAN style="mso-spacerun: yes"> </SPAN>this <SPAN style="mso-spacerun: yes"> </SPAN>very <SPAN style="mso-spacerun: yes"> </SPAN>short <SPAN style="mso-spacerun: yes"> </SPAN>window <SPAN style="mso-spacerun: yes"> </SPAN>of <SPAN style="mso-spacerun: yes"> </SPAN>time <SPAN style="mso-spacerun: yes"> </SPAN>in <SPAN style="mso-spacerun: yes"> </SPAN>order <SPAN style="mso-spacerun: yes"> </SPAN>to <SPAN style="mso-spacerun: yes"> </SPAN>receive <SPAN style="mso-spacerun: yes"> </SPAN>the benefit of the full deduction on your Income Taxes. <SPAN style="mso-spacerun: yes"> </SPAN>If you wish to make a contribution to the Village League, please mail to the address below.<o:p></o:p></FONT></SPAN></DIV>
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<DIV style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify"><SPAN style="FONT-FAMILY: Arial"><FONT size=3>Thank you again for your continuing contributions and moral support. <SPAN style="mso-spacerun: yes"> </SPAN>Our very best wishes for a healthy, happy and altogether wonderful Holiday Season.<o:p></o:p></FONT></SPAN></DIV>
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<DIV style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-FAMILY: 'Arial Rounded MT Bold'"><FONT size=3><FONT face="Times New Roman">Sincerely,<o:p></o:p></FONT></FONT></SPAN></DIV>
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<DIV style="MARGIN: 0in 0in 0pt"><U><SPAN style="FONT-SIZE: 18pt; FONT-FAMILY: 'Monotype Corsiva'; mso-bidi-font-family: Cornerstone">Maryanne Ingemanson<o:p></o:p></SPAN></U></DIV>
<DIV style="MARGIN: 0in 0in 0pt"><FONT size=3><SPAN style="FONT-FAMILY: Cornerstone; mso-bidi-font-family: Cornerstone">Maryanne Ingemanson, President</SPAN><o:p></o:p></FONT></DIV>
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<DIV style="MARGIN: 0in 0in 0pt"><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">Village League to Save Incline Assets Board Members</SPAN></B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">: </SPAN><st1:PersonName><?xml:namespace prefix = st2 ns = "urn:schemas:contacts" /><st2:GivenName><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">Maryanne</SPAN></B></st2:GivenName><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial"> </SPAN></B><st2:Sn><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">Ingemanson</SPAN></B></st2:Sn></st1:PersonName><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">, President, </SPAN><st1:PersonName><st2:GivenName><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">Ted</SPAN></B></st2:GivenName><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial"> </SPAN></B><st2:Sn><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">Harris</SPAN></B></st2:Sn></st1:PersonName><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">, Tax Revolt Committee Chairman, </SPAN><st1:PersonName><st2:GivenName><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">Les</SPAN></B></st2:GivenName><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial"> </SPAN></B><st2:Sn><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">Barta</SPAN></B></st2:Sn></st1:PersonName><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">, Law Research, </SPAN><st1:PersonName><st2:GivenName><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">John</SPAN></B></st2:GivenName><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial"> </SPAN></B><st2:Sn><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">Carney</SPAN></B></st2:Sn></st1:PersonName><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">, Analyst, </SPAN><st1:PersonName><st2:GivenName><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">Wayne</SPAN></B></st2:GivenName><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial"> </SPAN></B><st2:Sn><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">Fischer</SPAN></B></st2:Sn></st1:PersonName><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">, Webmaster, </SPAN><st1:PersonName><st2:GivenName><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">Todd</SPAN></B></st2:GivenName><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial"> </SPAN></B><st2:Sn><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">Lowe</SPAN></B></st2:Sn></st1:PersonName><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">, Financial, </SPAN><st1:PersonName><st2:GivenName><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">Dale</SPAN></B></st2:GivenName><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial"> </SPAN></B><st2:Sn><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">Akers</SPAN></B></st2:Sn></st1:PersonName><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">, Historian, and </SPAN><st1:PersonName><st2:GivenName><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">Chuck</SPAN></B></st2:GivenName><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial"> </SPAN></B><st2:Sn><B><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">Otto</SPAN></B></st2:Sn></st1:PersonName><SPAN style="FONT-SIZE: 7.5pt; FONT-FAMILY: Arial">, Public Relations<o:p></o:p></SPAN></DIV>
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<DIV style="MARGIN-BOTTOM: 0.25in; TEXT-ALIGN: center" align=center><I><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial">(Fill in the blanks, write a check, and mail to address below.</SPAN></I><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial">)</SPAN><SPAN style="FONT-SIZE: 11pt"><o:p></o:p></SPAN></DIV>
<DIV style="MARGIN: 0in 0in 24pt; TEXT-ALIGN: center" align=center><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial">Name: _______________________________________________</SPAN><SPAN style="FONT-SIZE: 11pt"><o:p></o:p></SPAN></DIV>
<DIV style="MARGIN: 0in 0in 24pt; TEXT-ALIGN: center" align=center><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial">Mailing Address: _______________________________________</SPAN><SPAN style="FONT-SIZE: 11pt"><o:p></o:p></SPAN></DIV>
<DIV style="MARGIN: 0in 0in 24pt; TEXT-ALIGN: center" align=center><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial">City: ________________________________________________</SPAN><SPAN style="FONT-SIZE: 11pt"><o:p></o:p></SPAN></DIV>
<DIV style="MARGIN: 0in 0in 24pt; TEXT-ALIGN: center" align=center><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial">St. Zip: ______, _______________________________________</SPAN><SPAN style="FONT-SIZE: 11pt"><o:p></o:p></SPAN></DIV>
<DIV style="MARGIN: 0in 0in 24pt; TEXT-ALIGN: center" align=center><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial">Phone No.: ___________________________________________</SPAN><SPAN style="FONT-SIZE: 11pt"><o:p></o:p></SPAN></DIV>
<DIV style="MARGIN: 0in 0in 24pt; TEXT-ALIGN: center" align=center><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial">Email Address: ________________________________________</SPAN><SPAN style="FONT-SIZE: 11pt"><o:p></o:p></SPAN></DIV>
<DIV style="MARGIN: 0in 0in 24pt; TEXT-ALIGN: center" align=center><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial">Assessors parcel number (APN): __________________________</SPAN><SPAN style="FONT-SIZE: 11pt"><o:p></o:p></SPAN></DIV>
<DIV style="MARGIN: 0in 0in 24pt; TEXT-ALIGN: center" align=center><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial">Signature: ________________________________________</SPAN><SPAN style="FONT-SIZE: 11pt"><o:p></o:p></SPAN></DIV>
<DIV style="MARGIN: 0in 0in 24pt; TEXT-ALIGN: center" align=center><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial">____ $50.00<SPAN style="mso-spacerun: yes"> </SPAN>____ $100.00<SPAN style="mso-spacerun: yes"> </SPAN>____ $500.00<SPAN style="mso-spacerun: yes"> </SPAN>______<SPAN style="mso-spacerun: yes"> </SPAN>Other $ ___________</SPAN><SPAN style="FONT-SIZE: 11pt"><o:p></o:p></SPAN></DIV>
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<DIV style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><FONT size=3><FONT face="Times New Roman"><B style="mso-bidi-font-weight: normal">Village League to Save Incline Assets, Inc. <BR></B><st1:address><st1:Street><B style="mso-bidi-font-weight: normal">1165 Vivian Lane</B></st1:Street><B style="mso-bidi-font-weight: normal">, </B><st1:City><B style="mso-bidi-font-weight: normal">Incline Village</B></st1:City><B style="mso-bidi-font-weight: normal">, </B><st1:State><B style="mso-bidi-font-weight: normal">NV</B></st1:State><B style="mso-bidi-font-weight: normal"> </B><st1:PostalCode><B style="mso-bidi-font-weight: normal">89451</B></st1:PostalCode></st1:address><B style="mso-bidi-font-weight: normal"><o:p></o:p></B></FONT></FONT></DIV>
<DIV style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><B style="mso-bidi-font-weight: normal"><FONT size=3><FONT face="Times New Roman"><SPAN style="mso-spacerun: yes"> </SPAN>Non-Profit Corporation - FEIN 88-0399029<o:p></o:p></FONT></FONT></B></DIV></DIV></DIV></BODY></HTML>