<html><head><style type="text/css"><!-- DIV {margin:0px;} --></style></head><body><div style="font-family:arial,helvetica,sans-serif;font-size:12pt;color:#000000;"><div><br><div style="text-align: center;"><font size="6"><span style="font-weight: bold; color: rgb(255, 0, 0);">REFUNDS ARE ARRIVING!!</span></font><br></div><br><span style="font-weight: bold;">ALERT:</span> #198<br><span style="font-weight: bold;">DATE: </span>February 1, 2009<br><span style="font-weight: bold;">TO:</span> Incline Village & Crystal Bay Property Owners<br><span style="font-weight: bold;">FROM:</span> Village League Tax Revolt Committee<br><br><span style="font-weight: bold;">Dear Incline Village & Crystal Bay Property Tax Protesters,</span><br><br>Last Friday, January 31, 2009, Washoe County Treasurer Bill Berrum mailed the first 260 of the 830 refunds that were awarded by Judge McGee to Plaintiffs who had filed individual Petitions for Appeal for the 2005-2006 tax
year. The refund amount, which is anticipated to be in the millions, includes 6% interest. The remainder of the refunds will be issued by the middle of February and will include an extra month of interest due to the delay. The calculations to determine the exact amount of each individual refund are intricate to say the least; plus, the Treasurer is sending refund checks to the taxpayers who actually paid the 2005 property taxes. This entails locating the sellers of properties since 2005 and determining their new addresses. Quite an undertaking!!<br><br><div style="text-align: center;"><font style="font-weight: bold; color: rgb(255, 0, 0);" size="5">WHAT A GREAT MONTH</font><br></div><br>January 2009 was truly a terrific month for the Village League. Finally, all of our six years of work is coming to fruition. Not only did we win 830 refunds for the 2005-2006 tax year, but we also were successful in working with the Washoe County Assessor, Josh Wilson,
to obtain a reduction of every single property owner¢s land value by nearly 25% for the 2009-2010 tax year. These are unprecedented events in Nevada history.<br><br>And, there is more to come! As we have mentioned in our previous Alerts, we still have 10 more cases either waiting for a hearing to be scheduled before the State Board of Equalization or pending decisions in District Courts, the Nevada Supreme Court or in Federal Court. Beginning with tax year 2006-2007, every parcel owner in the Incline Village and Crystal Bay area is represented by Attorney Suellen Fulstone in a class action in each subsequent year. These actions are in addition to the cases filed by individual property owners. <br><br><div style="text-align: center;"><font style="color: rgb(255, 0, 0);" size="5"><span style="font-weight: bold;">OUR ORIGINAL GOAL</span></font><br></div><br>The goal of the Village League has always been to achieve justice and equality for EVERY PROPERTY
OWNER in the Incline Village and Crystal Bay area. We are getting ever closer to fulfilling that objective.<br><br><div style="text-align: center; color: rgb(255, 0, 0); font-weight: bold;"><font size="5">WE NEED CONTRIBUTIONS!!<br></font></div><br>Our sincere thanks to those of you who recently answered our plea for funds. If every taxpayer could see their way to sending the League at least some contribution, we would be immensely appreciative, even under these difficult financial times.<br><br>Please make your checks out to:<br><div style="text-align: center;"><span style="font-weight: bold;">Village League</span><br>1165 Vivian Lane<br>Incline Village, NV 89451<br></div><br><span style="font-weight: bold; color: rgb(255, 0, 0);">It is recommended that you use the attached form if you are sending us contributions.</span><br><br>Sincerely,<br><br><span style="font-weight: bold; font-style: italic; font-family: times new roman,new
york,times,serif;">Maryanne Ingemanson</span><br><br>Maryanne Ingemanson, President<br>Village League to Save Incline Assets<br>www.NevadaPropertyTaxRevolt.org<br><br>---------------------------------<br><br><span style="font-weight: bold;">Village League to Save Incline Assets Board Members:</span><br>- <span style="font-weight: bold;">Maryanne Ingemanson,</span> President<br>- <span style="font-weight: bold;">Dale Akers,</span> Historian<br>- <span style="font-weight: bold;">Les Barta</span>, Law Research<br>- <span style="font-weight: bold;">John Carney,</span> Analyst<br>-<span style="font-weight: bold;"> Wayne Fischer,</span> Webmaster<br>- <span style="font-weight: bold;">Todd Lowe,</span> Financial,<br>- <span style="font-weight: bold;">Chuck Otto,</span> Public Relations <br><br><div style="text-align: center;"><span style="font-weight: bold;">Village League to Save Incline Assets, Inc.</span><br>Non-Profit Corporation - FEIN
88-0399029<br>1165 Vivian Lane, Incline Village, NV 89451<br>Phone: 775-831-4011, Fax 775-831-0325<br><br># # #<br><br></div><br></div></div></body></html>