9LOODUG6WUHHW0+/'   <br />0LGGOH+RXVLQJ/DQG'LYLVLRQ7HQWDWLYH3ODQ:ULWWHQ6WDWHPHQW <br />0DUFK <br /> <br /> <br />6FKLUPHU&RQVXOWLQJ//&•32%R[(XJHQH25•   <br />/DQGVFDSH$UFKLWHFWXUH/DQG8VH3ODQQLQJ <br /> <br />+RXVLQJ/RW 3DUFHO  <br /> <br /> F  (DVHPHQWVQHFHVVDU\IRUDQ\FRPPRQDUHDVRUVKDUHGEXLOGLQJHOHPHQWV <br />1RWDSSOLFDEOH <br /> <br /> G  (DVHPHQWVQHFHVVDU\IRUDQ\VKDUHGGULYHZD\VRUSDUNLQJ <br />1RWDSSOLFDEOH1RVKDUHGGULYHZD\VRUSDUNLQJ <br /> <br />   6HSDUDWHXWLOLWLHVDUHSURYLGHGIRUHDFKGZHOOLQJXQLW <br />6HH7HQWDWLYH0LGGOH+RXVLQJ/DQG'LYLVLRQSODQIRUORFDWLRQRIWKHVHXWLOLWLHV <br /> <br />   7KHPLGGOHKRXVLQJODQGGLYLVLRQUHVXOWVLQRQHGZHOOLQJXQLWRQHDFKPLGGOHKRXVLQJORWH[FHSW <br />ORWVSDUFHOVRUWUDFWVWKDWLQFOXGHDFRPPRQDUHD/RWVSDUFHOVRUWUDFWVWKDWLQFOXGHDFRPPRQ <br />DUHDEXWGRQRWLQFOXGHDGZHOOLQJXQLWDUHSHUPLWWHG <br />(DFK0LGGOH+RXVLQJ/RWKDVRUZLOOKDYHRQHXQLW <br /> <br />   7KHDSSOLFDWLRQGHPRQVWUDWHVWKDWEXLOGLQJVRUVWUXFWXUHVRQWKHPLGGOHKRXVLQJORWVFUHDWHGE\ <br />WKHPLGGOHKRXVLQJODQGGLYLVLRQZLOOFRPSO\ZLWKDSSOLFDEOHEXLOGLQJFRGHSURYLVLRQVUHODWHGWR <br />QHZSURSHUW\OLQHVDQGQRWZLWKVWDQGLQJWKHFUHDWLRQRIQHZORWVRUSDUFHOVWKDWVWUXFWXUHVRU <br />EXLOGLQJVORFDWHGRQWKHPLGGOHKRXVLQJORWVZLOOFRPSO\ZLWKWKH2UHJRQ5HVLGHQWLDO6SHFLDOW\ <br />&RGH <br />7KHH[LVWLQJEXLOGLQJVPHHWUHTXLUHGVHWEDFNVWDQGDUGVWRWKHSURSRVHGSURSHUW\OLQH <br /> <br />   7KHIROORZLQJQRWHVDUHLQFOXGHGRQWKHWHQWDWLYHSODQ <br /> <br /> D  7KHPLGGOHKRXVLQJORWVVKRZQRQWKHWHQWDWLYHSODQZHUHFUHDWHGSXUVXDQWWRDPLGGOH <br />KRXVLQJODQGGLYLVLRQDQGPD\QRWEHIXUWKHUGLYLGHG <br />6HH7HQWDWLYH0LGGOH+RXVLQJ/DQG'LYLVLRQSODQIRUWKLVQRWH <br /> <br /> E  7KHPLGGOHKRXVLQJGHYHORSHGRQWKHPLGGOHKRXVLQJORWVVKRZQRQWKHWHQWDWLYHSODQVKDOO <br />UHPDLQPLGGOHKRXVLQJDQGVKDOOQRWEHFRQVLGHUHGWREHDQ\RWKHUKRXVLQJW\SHDVDUHVXOW <br />RIWKHPLGGOHKRXVLQJODQGGLYLVLRQ <br />6HH7HQWDWLYH0LGGOH+RXVLQJ/DQG'LYLVLRQSODQIRUWKLVQRWH <br /> <br />   7KHSURSRVHGPLGGOHKRXVLQJODQGGLYLVLRQZLOOQRWFDXVHDQ\H[LVWLQJLPSURYHPHQWVRQWKH <br />PLGGOHKRXVLQJORWVWREHLQFRQVLVWHQWZLWKDSSOLFDEOHVWDQGDUGVLQWKLVODQGXVHFRGH <br />7KHSURSRVHGPLGGOHKRXVLQJODQGGLYLVLRQZLOOQRWFDXVHDQ\H[LVWLQJLPSURYHPHQWVRQWKH <br />PLGGOHKRXVLQJORWVWREHLQFRQVLVWHQWZLWKDSSOLFDEOHVWDQGDUGVLQWKLVODQGXVHFRGH <br /> <br />&RQFOXVLRQ <br /> <br />:HORRNIRUZDUGWR\RXUUHYLHZDQGDSSURYDORIWKH9LOODUG6WUHHW0LGGOH+RXVLQJ/DQG'LYLVLRQDQGWKH <br />DGGLWLRQRIPRUHKRXVLQJRZQHUVKLSRSSRUWXQLWLHVIRUWKHFLW\RI(XJHQH <br /> <br />6LQFHUHO\ <br />6FKLUPHU&RQVXOWLQJ//& <br />&DURO6FKLUPHU <br />3ULQFLSDO