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                                                <font size="+2" color="red" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular"><b>Tax revolt unhappy with no decision</b></font></div>
                                        <p><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular"><b>ALERT:</b> #112<br>
                                                        <b>DATE:</b> November 17, 2006<br>
                                                        <b>TO:</b> Incline Village & Crystal Bay Property Owners<br>
                                                        <b>FROM:</b> Village League Tax Revolt Committee</font></p>
                                        <p><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular"><b>Dear Incline Village & Crystal Bay Property Owners,</b></font></p>
                                        <p><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular">The following article was published in today's Bonanza newspaper. It provides an update on the lack of a Nevada Supreme Court decision.</font></p>
                                        <p><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular">Regards,<br>
                                                        <b>Wayne Fischer<br>
                                                        </b>Webmaster and Email Moderator</font></p>
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                                                <p><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular">Andrew Pridgen<br>
                                                        </font><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular">Bonanza News Editor,<br>
                                                        </font><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular">apridgen@tahoebonanza.com<br>
                                                                November 17, 2006</font></p>
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                                        <p><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular">They're at it again.</font></p>
                                        <p><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular">After being "baffled" at the state surpreme court's inability to come down with a decision Thursday over whether to uphold a June decision on property tax refunds for 17 Incline-based property owners, tax revolters here are going back on the offensive.</font></p>
                                        <p><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular">"It's time to get this done, to make some changes and correct the problem," said Maryanne Ingemanson, president of the Village League to Save Incline Assets. "First it was wait between 60 and 90 days and then it was wait till the elections are over. They're over. I don't see any additional roadblocks out there."</font></p>
                                        <p><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular">Their frustrations came to a head Thursday as two emergency writs of prohibition were filed. The first to prevent Washoe County from implementing any assessment factor that could be influenced by a supreme court decision and the other to prevent the state board of equalization from conducting any "illegal" hearings.</font></p>
                                        <p><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular">"If nothing is done all the assessment cards come out next month - it's absolutely ludicrous, beyond belief actually," Ingemanson said. "We are extremely disappointed that we didn't get a ruling today. We know the supreme court is trying but the state board (of equalization) continuing hearings is inexcusable."</font></p>
                                        <p><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular">The supreme court decision, heard in June, will be whether to uphold Carson City District Court Judge William Maddox's property tax refunds for 17 Incline Village property owners.</font></p>
                                        <p><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular">Clerks at the supreme court were unable to comment on the timeline for a ruling beyond the notion that the office would be closed next week.</font></p>
                                        <p><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular">In early February, the county district attorney's office filed an emergency stay with the supreme court.</font></p>
                                        <p><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular">The stay was denied and the court said a decision on the matter would come down in 90 days.</font></p>
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                                                <p><i><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular">News editor Andrew Pridgen may be reached at (775) 831-4666 ext. 111 or at apridgen@tahoebonanza.com.</font></i></p>
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                                        <p><font face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular"><b>Village League to Save Incline Assets Board Members:</b></font></p>
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                                                <li><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular"><b>Maryanne Ingemanson,</b> President<br>
                                                        </font>
                                                <li><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular"><b>Dale Akers</b>, Historian<br>
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                                                <li><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular"><b>Les Barta,</b> Law Research<br>
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                                                <li><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular"><b>John Carney,</b> Analyst<br>
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                                                <li><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular"><b>Wayne Fischer</b>, Webmaster<br>
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                                                <li><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular"><b>Ted Harris,</b> Tax Revolt Committee Chairman<br>
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                                                <li><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular"><b>Todd Lowe</b>, Financial,<br>
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                                                <li><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular"><b>Chuck Otto</b>, Public Relations</font>
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                                                <p><font face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular"><b>Village League to Save Incline Assets, Inc.<br>
                                                                </b></font><font size="-1" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular">Non-Profit Corporation - FEIN 88-0399029<br>
                                                                1165 Vivian Lane, Incline Village, NV 89451<br>
                                                                Phone: 775-831-4011, Fax 775-831-0325<br>
                                                                Email : <a href="mailto:%20mingemanson@charter.net">mingemanson@charter.net</a></font></p>
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