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<div class="MsoNormal" style="text-align:center;line-height:normal" align="center"><b style="mso-bidi-font-weight:normal"><span style="font-size:24.0pt;mso-bidi-font-size:
20.0pt;font-family:"Arial","sans-serif";color:red">TAX REVOLT COURT HEARING
UPDATE</span></b><span style="font-size:24.0pt;mso-bidi-font-size:20.0pt;
font-family:"Arial","sans-serif""></span></div>
<div style="margin:0in;margin-bottom:.0001pt"><b><span style="font-size:11.0pt;
font-family:"Arial","sans-serif""> </span></b></div>
<div style="margin:0in;margin-bottom:.0001pt"><b><span style="font-family:"Arial","sans-serif"">ALERT:</span></b><span style="font-family:"Arial","sans-serif""> #273</span></div>
<div style="margin:0in;margin-bottom:.0001pt"><b><span style="font-family:"Arial","sans-serif"">DATE:</span></b><span style="font-family:"Arial","sans-serif""> June 17, 2013</span></div>
<div style="margin:0in;margin-bottom:.0001pt"><b><span style="font-family:"Arial","sans-serif"">TO:</span></b><span style="font-family:"Arial","sans-serif""> Incline Village & Crystal Bay
Property Owners</span></div>
<div style="margin:0in;margin-bottom:.0001pt"><b><span style="font-family:"Arial","sans-serif"">FROM:</span></b><span style="font-family:"Arial","sans-serif""> Village League Tax Revolt Committee</span></div>
<div style="margin:0in;margin-bottom:.0001pt"><span style="font-family:"Arial","sans-serif""> </span></div>
<div style="margin:0in;margin-bottom:.0001pt"><b><span style="font-family:"Arial","sans-serif"">Dear
Incline Village & Crystal Bay Property Tax Protesters,</span></b></div>
<div style="margin:0in;margin-bottom:.0001pt"><span style="font-family:"Arial","sans-serif""> </span></div>
<div class="MsoNormal" style="line-height:normal"><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"">On
Friday, June 14, The Village League, representing the residents of Incline
Village and Crystal Bay, appeared in the Court of Judge Patrick Flanagan to
continue its pursuit of the illegal and unconstitutional taxes paid for the tax
years of 2003/04, 2004/05 and 2005/06.</span></div>
<div class="MsoNormal" style="line-height:normal"><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="line-height:normal"><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"">The
initiation of this hearing was due to the State Board of Equalization’s
decision, aided and supported by Washoe County, to re-assess all properties
back to 2003/04. Of course, a reassessment is neither practical nor, in our
opinion, legal.<span style="mso-spacerun:yes"> </span>What we want is
simple---go back to the base of 2002/03 which was the last time legal and
constitutional methods were used and then reimburse us the difference up to
2006/07 when the County Board of Equalization, the State Board of Equalization,
the District Court and the Supreme Court all affirmed a resetting of 2006/07
values to their constitutional 2002/03 levels.<span style="mso-spacerun:yes">
</span>Payments of refunds to Incline Village/Crystal Bay taxpayers in excess
of $44 million including interest are almost completed.<span style="mso-spacerun:yes"> </span></span></div>
<div class="MsoNormal" style="line-height:normal"><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="line-height:normal"><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"">Some
75 Incline Village/Crystal Bay residents packed the courtroom while another
50-60 had to stand in the doorways to hear the arguments.<span style="mso-spacerun:yes"> </span>This great turnout could not help but
demonstrate the interest and support of Incline Village/Crystal Bay property
owners and taxpayers.<span style="mso-spacerun:yes"> </span>We can't thank the
attendees enough---united we stand.</span></div>
<div class="MsoNormal" style="line-height:normal"><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="line-height:normal"><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"">The
only decision that was taken at the hearing was to allow one of our attorneys,
Norm Azevedo, who has previously and successfully represented some Incline
Village/Crystal Bay residents, to represent those residents separately in this
hearing.<span style="mso-spacerun:yes"> </span>He argued that those residents
cannot be reassessed since the Supreme Court has already ruled in their favor
and refunds back to 2002/03 paid.<span style="mso-spacerun:yes"> </span>Of course,
that leaves them unequal to the rest of the residents—a situation which, in and
of itself, yields inequality and unconstitutionality.<span style="mso-spacerun:yes"> </span>This was a big decision in our favor.</span></div>
<div class="MsoNormal" style="line-height:normal"><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="line-height:normal"><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"">As
to the rest of our arguments, Attorneys Azevedo and Suellen Fulstone did a
tremendous job.<span style="mso-spacerun:yes"> </span>They were well-prepared,
presented our case in a logical and effective manner, and effectively rebuffed
the other side's arguments.<span style="mso-spacerun:yes"> </span>The only
crowd reaction of the 2 ½ hours session came when the attorney representing the
County said that the outcome of a reassessment was unknown and could actually
result in lower values for Incline Village/Crystal Bay property owners.<span style="mso-spacerun:yes"> </span>The unlikelihood of such an outcome drew a
chorus of guffaws and chuckles calling on the judge to admonish the attendees
to observe proper decorum.<span style="mso-spacerun:yes"> </span>The State
Board made no secret of its intention that its reassessment order should result
in raising taxes not lowering them. </span></div>
<div class="MsoNormal" style="line-height:normal"><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="line-height:normal"><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"">The
Judge has now taken the arguments under submission.<span style="mso-spacerun:yes"> </span>We hope for a decision soon, possibly in the
next few weeks.<span style="mso-spacerun:yes"> </span>The most desirable
outcome would be to have this whole mess remanded to the State Board of
Equalization with an admonition to do it right this time.</span></div>
<div class="MsoNormal" style="line-height:normal"><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="line-height:normal"><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"">Stay
tuned!</span></div>
<div class="MsoNormal" style="line-height:normal"><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman""> </span></div>
<div class="MsoNormal" style="line-height:normal"><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"">Sincerely,</span></div>
<div class="MsoNormal" style="line-height:normal"><b style="mso-bidi-font-weight:
normal"><span style="mso-bidi-font-size:12.0pt;font-family:"Arial","sans-serif";
mso-fareast-font-family:"Times New Roman"">Chuck Otto,</span></b><span style="mso-bidi-font-size:12.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family:
"Times New Roman""> </span><span style="mso-bidi-font-size:12.0pt;font-family:
"Arial","sans-serif"">Public Relations</span><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman""></span></div>
<div class="MsoNormal"><span style="mso-bidi-font-size:12.0pt;line-height:115%;
font-family:"Arial","sans-serif";color:black">Village League to Save Incline
Assets</span></div>
<div class="MsoNormal"><span style="mso-bidi-font-size:12.0pt;line-height:115%"><a href="http://www.nevadapropertytaxrevolt.org/"><span style="font-family:"Arial","sans-serif";
mso-bidi-font-family:"Times New Roman"">www.NevadaPropertyTaxRevolt.org</span></a></span><b><i><span style="mso-bidi-font-size:12.0pt;line-height:115%;font-family:"Arial","sans-serif";
color:black"></span></i></b></div>
<div class="MsoNormal" style="line-height:normal"><b style="mso-bidi-font-weight:
normal"><i style="mso-bidi-font-style:normal"><span style="mso-bidi-font-size:
12.0pt;font-family:"Times New Roman","serif""> </span></i></b></div>
<div class="MsoNormal" style="text-align:center;line-height:normal" align="center"><span style="mso-bidi-font-size:12.0pt;font-family:"Arial","sans-serif"">---------------------------------</span></div>
<div class="MsoNormal" style="text-align:center;line-height:normal" align="center"><span style="mso-bidi-font-size:12.0pt"> </span></div>
<div class="MsoNormal" style="line-height:normal"><b><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif"">Village League to Save Incline Assets
Board Members:</span></b><span style="mso-bidi-font-size:12.0pt"></span></div>
<div class="MsoNormal" style="line-height:normal"><b><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif"">- Maryanne Ingemanson,</span></b><span style="mso-bidi-font-size:12.0pt;font-family:"Arial","sans-serif""> President</span><span style="mso-bidi-font-size:12.0pt"></span></div>
<div class="MsoNormal" style="line-height:normal"><b><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif"">- Dale Akers</span></b><span style="mso-bidi-font-size:12.0pt;font-family:"Arial","sans-serif"">, Historian</span><span style="mso-bidi-font-size:12.0pt"></span></div>
<div class="MsoNormal" style="line-height:normal"><b><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif"">- Les Barta,</span></b><span style="mso-bidi-font-size:12.0pt;font-family:"Arial","sans-serif""> Law
Research</span><span style="mso-bidi-font-size:12.0pt"></span></div>
<div class="MsoNormal" style="line-height:normal"><b><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif"">- Wayne Fischer</span></b><span style="mso-bidi-font-size:12.0pt;font-family:"Arial","sans-serif"">, Webmaster</span></div>
<div class="MsoNormal" style="line-height:normal"><b><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif"">- Todd Lowe</span></b><span style="mso-bidi-font-size:12.0pt;font-family:"Arial","sans-serif"">, Financial,</span></div>
<div class="MsoNormal" style="line-height:normal"><b><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif"">- Chuck Otto</span></b><span style="mso-bidi-font-size:12.0pt;font-family:"Arial","sans-serif"">, Public
Relations </span></div>
<div class="MsoNormal" style="line-height:normal"><span style="mso-bidi-font-size:
12.0pt;font-family:"Arial","sans-serif""> </span></div>
<div class="MsoNormal" style="text-align:center;line-height:normal" align="center"><b><span style="mso-bidi-font-size:12.0pt;font-family:"Arial","sans-serif"">Village
League to Save Incline Assets, Inc.<br>
</span></b><span style="mso-bidi-font-size:12.0pt;font-family:"Arial","sans-serif"">Non-Profit
Corporation - FEIN 88-0399029<br>
1165 Vivian Lane, Incline Village, NV 89451<br>
Phone: 775-831-4011, Fax 775-831-0325</span></div>
<div class="MsoNormal" style="text-align:center;line-height:normal" align="center"><span style="mso-bidi-font-size:12.0pt;font-family:"Arial","sans-serif"">www.NevadaPropertyTaxRevolt.org</span></div>
<div class="MsoNormal" style="text-align:center;line-height:normal" align="center"><span style="mso-bidi-font-size:12.0pt;font-family:"Arial","sans-serif""> </span></div>
<div class="MsoNormal" style="text-align:center;line-height:normal" align="center"><span style="mso-bidi-font-size:12.0pt;font-family:"Arial","sans-serif"">#<span style="mso-spacerun:yes"> </span>#<span style="mso-spacerun:yes"> </span>#</span></div>
<div class="MsoNormal" style="text-align:center;line-height:normal" align="center"><span style="mso-bidi-font-size:12.0pt;font-family:"Arial","sans-serif""> </span></div>
<div class="MsoNormal" style="text-align:center;line-height:normal" align="center"><span style="font-size:11.0pt;font-family:"Arial","sans-serif""> </span></div>
<div class="MsoNormal" style="line-height:normal"> </div>
</div></div></body></html>