<html><body><div style="color:#000; background-color:#fff; font-family:arial, helvetica, sans-serif;font-size:12pt"><div><!--[if gte mso 9]><xml>
<w:WordDocument>
<w:View>Normal</w:View>
<w:Zoom>0</w:Zoom>
<w:TrackMoves/>
<w:TrackFormatting/>
<w:PunctuationKerning/>
<w:ValidateAgainstSchemas/>
<w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid>
<w:IgnoreMixedContent>false</w:IgnoreMixedContent>
<w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText>
<w:DoNotPromoteQF/>
<w:LidThemeOther>EN-US</w:LidThemeOther>
<w:LidThemeAsian>X-NONE</w:LidThemeAsian>
<w:LidThemeComplexScript>X-NONE</w:LidThemeComplexScript>
<w:Compatibility>
<w:BreakWrappedTables/>
<w:SnapToGridInCell/>
<w:WrapTextWithPunct/>
<w:UseAsianBreakRules/>
<w:DontGrowAutofit/>
<w:SplitPgBreakAndParaMark/>
<w:DontVertAlignCellWithSp/>
<w:DontBreakConstrainedForcedTables/>
<w:DontVertAlignInTxbx/>
<w:Word11KerningPairs/>
<w:CachedColBalance/>
</w:Compatibility>
<w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel>
<m:mathPr>
<m:mathFont m:val="Cambria Math"/>
<m:brkBin m:val="before"/>
<m:brkBinSub m:val="--"/>
<m:smallFrac m:val="off"/>
<m:dispDef/>
<m:lMargin m:val="0"/>
<m:rMargin m:val="0"/>
<m:defJc m:val="centerGroup"/>
<m:wrapIndent m:val="1440"/>
<m:intLim m:val="subSup"/>
<m:naryLim m:val="undOvr"/>
</m:mathPr></w:WordDocument>
</xml><![endif]--><!--[if gte mso 9]><xml>
<w:LatentStyles DefLockedState="false" DefUnhideWhenUsed="true"
DefSemiHidden="true" DefQFormat="false" DefPriority="99"
LatentStyleCount="267">
<w:LsdException Locked="false" Priority="0" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Normal"/>
<w:LsdException Locked="false" Priority="9" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="heading 1"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 2"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 3"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 4"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 5"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 6"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 7"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 8"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 9"/>
<w:LsdException Locked="false" Priority="39" Name="toc 1"/>
<w:LsdException Locked="false" Priority="39" Name="toc 2"/>
<w:LsdException Locked="false" Priority="39" Name="toc 3"/>
<w:LsdException Locked="false" Priority="39" Name="toc 4"/>
<w:LsdException Locked="false" Priority="39" Name="toc 5"/>
<w:LsdException Locked="false" Priority="39" Name="toc 6"/>
<w:LsdException Locked="false" Priority="39" Name="toc 7"/>
<w:LsdException Locked="false" Priority="39" Name="toc 8"/>
<w:LsdException Locked="false" Priority="39" Name="toc 9"/>
<w:LsdException Locked="false" Priority="35" QFormat="true" Name="caption"/>
<w:LsdException Locked="false" Priority="10" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Title"/>
<w:LsdException Locked="false" Priority="1" Name="Default Paragraph Font"/>
<w:LsdException Locked="false" Priority="11" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Subtitle"/>
<w:LsdException Locked="false" Priority="0" Name="Hyperlink"/>
<w:LsdException Locked="false" Priority="22" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Strong"/>
<w:LsdException Locked="false" Priority="20" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Emphasis"/>
<w:LsdException Locked="false" Priority="0" Name="Normal (Web)"/>
<w:LsdException Locked="false" Priority="59" SemiHidden="false"
UnhideWhenUsed="false" Name="Table Grid"/>
<w:LsdException Locked="false" UnhideWhenUsed="false" Name="Placeholder Text"/>
<w:LsdException Locked="false" Priority="1" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="No Spacing"/>
<w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading"/>
<w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List"/>
<w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid"/>
<w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1"/>
<w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2"/>
<w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1"/>
<w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2"/>
<w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1"/>
<w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2"/>
<w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3"/>
<w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List"/>
<w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading"/>
<w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid"/>
<w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 1"/>
<w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 1"/>
<w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 1"/>
<w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 1"/>
<w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 1"/>
<w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 1"/>
<w:LsdException Locked="false" UnhideWhenUsed="false" Name="Revision"/>
<w:LsdException Locked="false" Priority="34" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="List Paragraph"/>
<w:LsdException Locked="false" Priority="29" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Quote"/>
<w:LsdException Locked="false" Priority="30" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Intense Quote"/>
<w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 1"/>
<w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 1"/>
<w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 1"/>
<w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 1"/>
<w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 1"/>
<w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 1"/>
<w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 1"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 1"/>
<w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 2"/>
<w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 2"/>
<w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 2"/>
<w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 2"/>
<w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 2"/>
<w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 2"/>
<w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 2"/>
<w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 2"/>
<w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 2"/>
<w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 2"/>
<w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 2"/>
<w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 2"/>
<w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 2"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 2"/>
<w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 3"/>
<w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 3"/>
<w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 3"/>
<w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 3"/>
<w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 3"/>
<w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 3"/>
<w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 3"/>
<w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 3"/>
<w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 3"/>
<w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 3"/>
<w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 3"/>
<w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 3"/>
<w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 3"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 3"/>
<w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 4"/>
<w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 4"/>
<w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 4"/>
<w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 4"/>
<w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 4"/>
<w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 4"/>
<w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 4"/>
<w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 4"/>
<w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 4"/>
<w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 4"/>
<w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 4"/>
<w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 4"/>
<w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 4"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 4"/>
<w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 5"/>
<w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 5"/>
<w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 5"/>
<w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 5"/>
<w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 5"/>
<w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 5"/>
<w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 5"/>
<w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 5"/>
<w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 5"/>
<w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 5"/>
<w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 5"/>
<w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 5"/>
<w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 5"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 5"/>
<w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 6"/>
<w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 6"/>
<w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 6"/>
<w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 6"/>
<w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 6"/>
<w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 6"/>
<w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 6"/>
<w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 6"/>
<w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 6"/>
<w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 6"/>
<w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 6"/>
<w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 6"/>
<w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 6"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 6"/>
<w:LsdException Locked="false" Priority="19" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Subtle Emphasis"/>
<w:LsdException Locked="false" Priority="21" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Intense Emphasis"/>
<w:LsdException Locked="false" Priority="31" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Subtle Reference"/>
<w:LsdException Locked="false" Priority="32" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Intense Reference"/>
<w:LsdException Locked="false" Priority="33" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Book Title"/>
<w:LsdException Locked="false" Priority="37" Name="Bibliography"/>
<w:LsdException Locked="false" Priority="39" QFormat="true" Name="TOC Heading"/>
</w:LatentStyles>
</xml><![endif]--><!--[if gte mso 10]>
<style>
/* Style Definitions */
table.MsoNormalTable
{mso-style-name:"Table Normal";
mso-tstyle-rowband-size:0;
mso-tstyle-colband-size:0;
mso-style-noshow:yes;
mso-style-priority:99;
mso-style-qformat:yes;
mso-style-parent:"";
mso-padding-alt:0in 5.4pt 0in 5.4pt;
mso-para-margin:0in;
mso-para-margin-bottom:.0001pt;
mso-pagination:widow-orphan;
font-size:11.0pt;
font-family:"Calibri","sans-serif";
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-fareast-font-family:"Times New Roman";
mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:"Times New Roman";
mso-bidi-theme-font:minor-bidi;}
</style>
<![endif]-->
</div><div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal" align="center"><b style="mso-bidi-font-weight:normal"><span style="font-size:26.0pt;mso-bidi-font-size:12.0pt;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman";color:red">THE LATEST</span></b><b style="mso-bidi-font-weight:normal"><span style="font-size:24.0pt;mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman";
color:red"></span></b></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal"><span style="font-size:12.0pt;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman";color:black"> </span></div>
<div style="margin:0in;margin-bottom:.0001pt"><b><span style="font-family:"Arial","sans-serif";
color:black">ALERT:</span></b><span style="font-family:"Arial","sans-serif";
color:black"> #255</span></div>
<div style="margin:0in;margin-bottom:.0001pt"><b><span style="font-family:"Arial","sans-serif";
color:black">DATE:</span></b><span style="font-family:"Arial","sans-serif";
color:black"> November 4, 2011</span></div>
<div style="margin:0in;margin-bottom:.0001pt"><b><span style="font-family:"Arial","sans-serif";
color:black">TO:</span></b><span style="font-family:"Arial","sans-serif";
color:black"> Incline Village & Crystal Bay Property Owners</span></div>
<div style="margin:0in;margin-bottom:.0001pt"><b><span style="font-family:"Arial","sans-serif";
color:black">FROM:</span></b><span style="font-family:"Arial","sans-serif";
color:black"> Village League Tax Revolt Committee</span></div>
<div style="margin:0in;margin-bottom:.0001pt"><span style="font-family:"Arial","sans-serif";
color:black"> </span></div>
<div style="margin:0in;margin-bottom:.0001pt"><b><span style="font-family:"Arial","sans-serif";
color:black">Dear Incline Village & Crystal Bay Property Owners,</span></b></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal"><span style="font-size:12.0pt;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman";color:black"> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman"">Yes. The Washoe County Treasurer has
issued some refunds with interest; however the pace is excruciatingly slow. We
are going to see if they can accelerate the process now that the system has
been perfected. The Treasurer will be presenting an updated progress report to
the County Commissioners on November 8, and once a month thereafter. You can
click on:</span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;
text-align:center" align="center"><span style="font-size:10.0pt;mso-bidi-font-size:12.0pt;
line-height:115%;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman""><a href="http://www.co.washoe.nv.us/treas/Inclinevillage/crystalbaytaxrefundinformation.htm">http://www.co.washoe.nv.us/treas/Inclinevillage/crystalbaytaxrefundinformation.htm</a></span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;
text-align:center" align="center"><span style="font-size:10.0pt;mso-bidi-font-size:12.0pt;
line-height:115%;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman"">to see the results. Scroll down to
the bottom of the web page and then click on <b style="mso-bidi-font-weight:
normal">Current Status Report.</b></span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman"">Additionally, on that same web page,
you can click on <b style="mso-bidi-font-weight:normal">Incline Village/Crystal
Bay Parcel List</b> to check for your own Parcel Number.</span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman"">Should you have concerns not
addressed on their web site please feel free to call the Office of the Washoe
County Treasurer at 775 328 2550.</span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;
text-align:center" align="center"><b style="mso-bidi-font-weight:normal"><span style="font-size:16.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Arial","sans-serif";mso-fareast-font-family:"Times New Roman";color:red">NEVADA
SUPREME COURT</span></b></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman"">Last Tuesday the entire Nevada
Supreme Court heard oral arguments on two more of our pending cases. Attorney
Suellen Fulstone, as always, did a superb job of representing us. We have no
way of ascertaining when the decisions will be forthcoming, but we will send an
Alert as soon as we hear anything new.<span style="mso-spacerun:yes">
</span>Stay tuned!</span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;
text-align:center" align="center"><b style="mso-bidi-font-weight:normal"><span style="font-size:16.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Arial","sans-serif";mso-fareast-font-family:"Times New Roman";color:red">WALL
STREET JOURNAL ARTICLES</span></b><span style="font-size:12.0pt;line-height:
115%;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman""></span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman"">Two articles recently were published
by the Wall Street Journal about our Tax Revolt. You can access them at:</span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><b style="mso-bidi-font-weight:normal"><span style="font-size:12.0pt;line-height:
115%;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"">Tax
Win Inspires Copycats</span></b></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:10.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Arial","sans-serif";mso-fareast-font-family:"Times New Roman""><a href="http://online.wsj.com/article_email/SB10001424052970204394804577009961673567818-lMyQjAxMTAxMDAwMTEwNDEyWj.html?mod=wsj_share_email">http://online.wsj.com/article_email/SB10001424052970204394804577009961673567818-lMyQjAxMTAxMDAwMTEwNDEyWj.html?mod=wsj_share_email</a></span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:10.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Arial","sans-serif";mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><b style="mso-bidi-font-weight:normal"><span style="font-size:12.0pt;line-height:
115%;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"">Incline
Village: Blazing the Trail for Property Tax Revolts</span></b></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:10.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Arial","sans-serif";mso-fareast-font-family:"Times New Roman""><a href="http://blogs.wsj.com/law/2011/11/01/incline-village-blazing-the-trail-for-property-tax-revolts/">http://blogs.wsj.com/law/2011/11/01/incline-village-blazing-the-trail-for-property-tax-revolts/</a></span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman"">Note that the above links may not be
available for free download in the future.<span style="mso-spacerun:yes">
</span>If these two links don’t work, then go to our News Articles Archives web
page to read the articles.</span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;
text-align:center" align="center"><span style="font-size:10.0pt;mso-bidi-font-size:11.0pt;
line-height:115%;font-family:"Arial","sans-serif""><a href="http://www.nevadapropertytaxrevolt.org/pages/NewsArticles.html">http://www.nevadapropertytaxrevolt.org/pages/NewsArticles.html</a></span><span style="mso-bidi-font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman""></span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman"">We are still, “lookin’ after you”.</span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman"">Sincerely,</span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-family:"Arial","sans-serif";color:black"> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><b><i><span style="font-family:"Arial","sans-serif";color:black"><span style="mso-spacerun:yes"> </span></span></i></b><b><i><span style="font-size:16.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family:
"Arial","sans-serif";color:black">Maryanne Ingemanson</span></i></b><b><i><span style="font-family:"Arial","sans-serif";color:black"></span></i></b></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-family:"Arial","sans-serif";color:black"> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><b><span style="font-family:"Arial","sans-serif";color:black">Maryanne Ingemanson,</span></b><span style="font-family:"Arial","sans-serif";color:black"> President</span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-family:"Arial","sans-serif";color:black">Village League to Save
Incline Assets</span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-family:"Arial","sans-serif""><a href="mailto:mingemanson@charter.net">mingemanson@charter.net</a></span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-family:"Arial","sans-serif""><a href="http://www.nevadapropertytaxrevolt.org/">www.NevadaPropertyTaxRevolt.org</a><b><i><span style="color:black"></span></i></b></span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><b><i><span style="font-family:"Arial","sans-serif";color:black"> </span></i></b></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;
text-align:center" align="center"><span style="font-family:"Arial","sans-serif";color:black">---------------------------------</span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;
text-align:center" align="center"><span style="font-family:"Arial","sans-serif";color:black"> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><b><span style="font-family:"Arial","sans-serif";color:black">Village League to Save
Incline Assets Board Members:</span></b></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><b><span style="font-family:"Arial","sans-serif";color:black">- Maryanne Ingemanson,</span></b><span style="font-family:"Arial","sans-serif";color:black"> President</span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><b><span style="font-family:"Arial","sans-serif";color:black">- Dale Akers</span></b><span style="font-family:"Arial","sans-serif";color:black">, Historian</span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><b><span style="font-family:"Arial","sans-serif";color:black">- Les Barta,</span></b><span style="font-family:"Arial","sans-serif";color:black"> Law Research</span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><b><span style="font-family:"Arial","sans-serif";color:black">- Wayne Fischer</span></b><span style="font-family:"Arial","sans-serif";color:black">, Webmaster</span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><b><span style="font-family:"Arial","sans-serif";color:black">- Todd Lowe</span></b><span style="font-family:"Arial","sans-serif";color:black">, Financial,</span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><b><span style="font-family:"Arial","sans-serif";color:black">- Chuck Otto</span></b><span style="font-family:"Arial","sans-serif";color:black">, Public Relations </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt"><span style="font-family:"Arial","sans-serif";color:black"> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;
text-align:center" align="center"><b><span style="font-family:"Arial","sans-serif";color:black">Village
League to Save Incline Assets, Inc.</span></b></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;
text-align:center" align="center"><span style="font-family:"Arial","sans-serif";
color:black;mso-ansi-language:FR" lang="FR">Non-Profit Corporation - FEIN 88-0399029</span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;
text-align:center" align="center"><span style="font-family:"Arial","sans-serif";
color:black;mso-ansi-language:FR" lang="FR">1165 Vivian Lane, Incline Village, NV 89451</span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;
text-align:center" align="center"><span style="font-family:"Arial","sans-serif";
color:black;mso-ansi-language:FR" lang="FR">Phone: 775-831-4011, Fax 775-831-0325</span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;
text-align:center" align="center"><span style="font-family:"Arial","sans-serif";color:black"> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;
text-align:center" align="center"><span style="font-family:"Arial","sans-serif";
color:black;mso-ansi-language:FR" lang="FR">#<span style="mso-spacerun:yes">
</span>#<span style="mso-spacerun:yes"> </span>#</span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal"><span style="font-size:12.0pt;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman";color:black"> </span></div>
<div class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal"><span style="font-size:12.0pt;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman";color:black"> </span></div>
</div></body></html>