macon ridge economic development region, c. financial report
Transcription
macon ridge economic development region, c. financial report
ECONOMICDM EA VEC LOON PR MI ED NGTEREGION,~C. FIE NC AL NM CB IAE L3 RL EP2 O0 R[ T D R ~ MACONRt DGI~ECONOMICI )EVF ~LOPMENTRE(i lON,INC NE NC AENM CB [E AR L3 ~I, P2 O(g R) T D t CONTENTS I, ~ A~enc lentAudi tor'Repo~ FINANCIALSTATEMEN~ |N S~ atC ,h mea ng t~ ~s fS~ , ~F t pm p~ od n,B Ra el vi e~ ne us e,E.xpe nse~~nd ~ n a c S~te~ ,v e~tofFunct iona lExpenses S a Nt ol te em se t~ ot Fof nC i ac ~a :s ah i tF Sl to a~ emer t tt ~ e~ . : e I. 6511 , 3ea iAVC' rl N,HARRtSON~S~b~_ LLWOOD,L.L,P. ~80~KILPAT RI GK[ ~LVr L; .P. O.BOX'~ 0~,MONROE~LA71 ~|] ~~, $-{ 3t~}3~-G 500 Audit o~ Apri ~30,' 00~ . , ~ Ta heo BoaR rdd ofE Dc irm c~m e or . :e sDevei M opmenl tRegh' n,h~ ~ e Fec rin da ~i ,g .e l ~ui . ~lo an) ai W a d g h c m ) m ' , n i l s t o e m e pm n n I a Nx ie ~h _ rv )e ~ ia f t~ Ci o~ r~ p~ )t c ae v de oa n~ )a af sp ty f e Dg ~ab ea ma bn ec :e 3h 1e ,e 2o ~f ' i JM 1x ,a ac nn dR ti hd eg rE le e a~ eu t do sl ai i t' eD me ev ne th g) ofe tt s pR l De 'g ri ~ . to ,n e, r vc e. e. r )( e, c ~ e s n a d ~ l a . n g ~ i n m ~ d a b l n c s e , ~ f n e t o i l e d b o e The " ex ~p . .i fs ns i aa nn cio lpi a ti ~ _ ao en t mon ent ses t ae ef r ln t ea , ' rc s~ e pl os ~l bm i i~ ie l :~ l ~m ol~ 'e he t ep Cm on re ps oa at r i~ t od nc '~ ss maf m~w , gs anf e cr ntt .h Oy ue ra rr es~ xe l ~n ~s t ie bn id Wed. l s ~ m v n h i n b a e ~ b ~ e d o o ~ a u i t . W e a ~ d u c e t d ~ t a ~ d i t n i a c c o d r a n c e w i b f a v t . 0 t i a i g s a t n d a ' ~ d ~ g m ~ e r l a y l ~ a ~ : e p e t d n : i ~ h e U n t i d e S t a e t s o f M ~ n e i r c a . i ~ ~ o s e t ~ a n d a d r s r q e u k e h t a t w e p a l n m ~ e p f r o m r t e h m , d i t ~ t o b t a n i r e a o s i m b l e s a m r a c ~ bte a ms{ c ~b wa hs ei h, t ee rvi hd t ee ~z nas . gu cp a~ i l~r ai t mg mt eh ne ta sm ar eot ~r e~ em o~ ft nd mi ~~ e: ~~a r ~~ r ssi at ~ ed m~ e/ mi .ar ~~ . u. ~a au~ dt tt i nce i tn l ~t e. d ~A ex~ na a .u rd d ~i \t : ga ~l oe n a s a ~ e . t n m e ~ . n e ~ n z i ~ a e m s s ms ee h. ia dl ea st ai sg est s se ngov i her t el al e~ xt . t )m mr~ : ii t ~l r g: p~ ra mt i pn i et l . spm uss de~ e a: ~~i i. s g~W ie f ab c te tli ~ mv te mr. J aa et : so mu~ aa dt et b~ ytp ~r ro ~vi a ge a es na ~mre ,so t st a wb eo l a v u n h a a s e m e : a o n e h d d a ~ e I b as is for oe a op ira o ~:. n I i l ~m k~ d a e e s e d p r . y n l a . e p s he ie f ~o mu ~r , eu ao i Ip lh xf so ? im i~ t o. nf o~ ff Mi a~ <~. ~ Rs kt gt l em ~n ot ~or , : me if cm~ Dz e, vt eo oh ~ pa mbo . ev ~e t Rr ee gs ie nnt o ~f la m~ .: ,, an . si oe f.a ~l t xm ea : nt h~ : ei rli 3~ 1~ ,s 2e ~c Yt I, ~ ,mt d ~ % s k d sE h l o b r e ~ e n ~ e d : ~ i i o f ~ o rm i y t w l f ~ a ~ e a ' . m m Rg i pri nr cm pll i et ss go ef nei '' a ao Dpe I ar ca c* em pms dmi n~ hi t e~ gc na is e~ t lf Sw ate t sf o. fAt mee> i' r ca ar ,tl MACONR[~EECONOM1CDEVELOPMENTREGION,I~C, BC AIEM ANB CER E3 St . H, E2! E] TI DE 0 ASS E T S C .e . ~ ~ ~ C ~ t i ] a c m s o f d p e s o it ~ G a r n t s r e e v i a b l e C r s e b e I. mo en gt ea sc t* rc er cc ie e vi av ba e.l l -lo~ O ~ h t e r r e : . , c v i a b l . e ~ , ho ~t ea r f u r d ~ r e c d v a h l e s L n s r c e e i v a b e l In ta e rl m e ~ i l ~ ' R er t e ~a r t n i g Ps rs o r m a , n e, l o f l o w a n e o l n D s e 3 r l F u i s ic n ef ~ . s E mo r e p r s i Gg ro af n$ t1 P7 m0 . g3 a6 r m6 ,,~ et a c r os s e s o f $ 72 , 1 3 PloR pu eo ra ?f t ,a al no dw qn e ie u pf mo et mo ,a nu ee tl TOTALASSETS L L T NDFUNDBALANCES LI [A AB BI MI I TI IE ES SpA A c c o u n s g y a a l e AI c e e r . e d it l a b ib k f i e ~ C a ~ e, s no tm ep ft r u~ nR d~ p~ yl a bb a l, ee s~c N o t e p ~ a ' b e } TomIcurren: tl iabi li ti~ e e tpor ti on TON To A~ Lep [a Jy Aab Bl [, LIl Ts Esc I Surmr~ F TU ON TD ALBLAL A, I BM~ LCIE I TS ESANDFUNDBALANCES I 3,291 391. 843 11 2, ,5 67 09 0 14.179 14,179 23 4 , 1 7 , 9 2 _8 9, 60 , 64 l 42gg0 42, 380 8,281 4< K). 89. , _9 Th. ea~ -~ ompanyi t~gt ~om~sm'eani megr alpartofthesef inm~ eials tat ement s. 2 L~3 OR AANMS TOTAL PR( 3 8, 8 9 9 33 71 0, ,9 N7 )3 3 3 ' , 34 7 ~ ~ . d 0 40 8, ,3 13 59 1 133,4 5 6 13 3 4 , 5 6 2 8 0 5 , 4 6 22,261 22.269 1 1, 5 1 7 , t 4 0 1 , I 5 7 , I 4 0 457 2,~ ~3 4 ( . 35 97 7, .4 16 34 7 3 , 4 1 8 566 2 2 , t 5 2 9 29 2, ,2 2: 64 : 1 6 5 l , 5 ) 4 6 5 , 0 5 4 6 5 6 , 2 0 1 2 2 o 1 7 L7 95, 578 1. 795.579 8 L8 6 t, 1 9 8 1, 917o757 6 3 1 3 . 7 9 2,47 4&. 7. 7, ..2. ' ~40,3t. ~.. MAC. ONRIDGEECONOMICDEVELOPMFa N' TREGION,I NC, STA M ED TYH O FAN S UF P ON R , R V E N U E ,E XE ~E I A FT OERA TN lN I EC E[ RG E~ NP DI ET DFU DN EED CFB JA IL V BIA RN ~ i 3C ,S 1 0N 2 0~ IES OI aERATINGFLI~S SUP PO R T A N D R E VmE N E G a n t : a ~ e t r p i r s eC o m u nU D i ' Pr o g a r m 85, 302 Cr ~ oE a ~ r c a t s : L ~i ~ . r ~ D e p a r m t n e t o f E c o n o m i c Dtd eb ~, Jt e ~k pm ms eaa ~:Cooper ati veEudeavo~ , s 63 5, 45 ~ 1 4 C o n u 50 2 6 20 5 2 55 1 : I n e t r e ~ h c ~ o m c i t , _ ~ n n i t e m s ~ P ~ : , o c n l e Lo oa n er s vi i b ~ ~ . g { na c~ od mo erigi I~56 L p l a o nat ionf ees an ge da ~p | ac l lt ti en i si 70 2 Ma s i c la n e o u s i ~ i o : ~ e 1 7 5 T o a t l s u p p o t r ~ d r e v n e a e 2 . 3 3 2 EXP PE ~N ogS rE ~S a e~p :ogram: G r n a t r 97 7~ 67 , 93 4E ~t r . p r s l e C o mit T 1 4 R e e n we a l C o m , m ur ~mn yt t L o r g a r ~ Ot ha e~ rp po o r g rm a m g 2 7 9 5 . 2 ~_. T o d u p r o g r m a s 3 9 4 7 ~ 3 Manage mentar gtget, era! 497 O T e ~ l e v ; p e & e ~ ~ 2 6 , 5 1 4 3 9 5 2 , 2 7 EXO CV EE SR S{E DX EP FE IN CIS Tt )8 OI 3SUPPORTANDREVEN' UE ( ' 2 4 . 18 ) 2 ( I 7 3 , 2 0) F U N D B A L A N C E S B E G N I N E N G O F Y E A R 3 2 A 6 3 4 f 8 2 , 1 FUNDBA. IANCES-ENDOFYEAR 8,28. 1. 4C ~8~ '9 9 It : ~ea. ccompawingn~x ~eg~i ~anint egralpar tof~f inanc/a ls tat eme nt~ PROLO OA R~N M~, IS IOTAL 85. 3{) 2 6 5 A ~ 4 t , 5 . 5 26 7, 05 , 92 2 2 24 7 1 , ~ 18 4 12 8 6 A 5 2 5 I2, 652 11 2, 76 , 20 4 3 6 ~ 6 q 226, 195 6~A3~ 5 9 7 6 , g _ 4 . 1 7 4 , 7 3 185~ 369 t 8 5 3 . 6 9 2 8 G 9 3 7 185 3 , 6 9 5 g l A 7 3. 612 29, 243 9 188. 981 610F? 22 ( 2 53 77 62 ,1 65 1 4. 1. a0 24 6, 88 , 47 6) - MACONR D GEMEC ONO MI CDE VE LO PM EN TR EG IONI NC tI A ' ~ FS O' RTTE HEF YET AO RF EF NDUN EC DT DIO EN CE& /L lBE v EX RPE 3N 1S 2E 0S 01 PROGRAMSERVICES E C~ XN )T MER MUPR NI IS TE YCR OE MNE MW UA NIL TY LO A B a d d e b t e x p e n s e ,N 5 8 2 C o m p u t e r e x ~ . e s 2 1 9 2 8 5 C o n m t c t , l b a o r 3 ( 3 ~ 9( 1 8) 4 3 5 I C o n g . u i f l n g e ' t e ~ I 0 2 , 1 3 I G 6~ D e p r e ~ . c a i t o n 8 5 , 5 I 8 3 9 D u e s a n d u s b s c r p i t o i n s 1 6 6 E q u p i m e m a q c t i ~ s t i o i n s 1 ( u r d e r $ 1 ~ K i . q 3 2 0 E q u p i m e ~ l t a a d b u i d l i n g m a n i t n e n a c e 8 { 8 ) 1 , 9 3 2 Cri [ ngebei~f its _5, ~ 4(1 4 2 0 , 8 9 4 1 , 9 6 1 8 , 2 : 2 6 m I e e r s t 2 1 5 8 8 O t ~ e r 2 ) J 2 5 40 t 6 8 64 09 3 P o s a t g e 3 4 4 ~ t n i t n i g 7 2 4 t 8 P r o e f s s o l n a ~ f e s 3 0 , t 2 1 9 , 7 8 t h } ' o m o ~ o i n a | 5 0 2 7 7 P r o v s i o i n b f r o t ~ o l a s e s 3 1 . 6 t l R e ~ t b ~ ~ i d | i n g a ~ e u q i p m e n t 1 , 4 0 3 S ~ ~ l r e i s n a d w ~ g e s 6 5 , 0 4 5 S e n a o t s r 3 6 1 S u p p i l e s 2 8 I 3 0 1 : 5 T r a v e l 5 9 , 6 0 3 , 6 8 Uti li tie s 2: 3 8 ,453 8 Thea c~ompmving~te~areani at egralpar toft hesef in ancia ls tat ements SUS EP R C I EN S NP AO GVR ET MI EG NT OTItEL R MA GEA NN ED P~. ~L 1 I , 8 3 015 1 8 5 0 2o 7 , 6 7 3, ,6 8 5 0 9 7 7 1 2 5 1 0 7 0 1 7 6 316 41 09 3 24 26 9 7. , 4 3 5 0 , 7 2 2 8 2 . 1 4 , 5 6 12 2 5 4 2 9 3 0 7 t 25 25 .6 47 6 8 8 3 ~ 4 6 7 I0I, ~ 5 6 5 9 , 1 7 3 5 2 4 5 2 1 4 , 3 2 11 3 0 9, 77 , 61 1 3 1, .5 12 3 2 2 : s o 9 , 3 7 ~3 4 9 TOTA4L .2 5 8 2 4. 4 7 9 O 9 2 t 6 3 26 .. .6 5 7 3 7 2 , 4 50 ~8 3 . 8 2 5 64 / 8 ~ 2 g , 4 7 3 18 , 8 5 , 0 8 5 9 5 1 6 , 4 7 . 1 5 5 7 2 5 , 4 6 6 8 9 5 3 , I 6 . I t 2 , 2 7 7 22; 2 , I 6 8 , 1 9 7 5 5 , 9 . 1 8 2 7 , 3 5 20,741 8 6I o ~ MACONRIDGE EAC ONO M. CDFEV T ELO PMLE NTSREGI ON,INC. FORTHST EY~EAM REEN NTDO EDC DAS ECH EF MBO EW R32,2{K~ 4, ( 287} Adj u i s t m e ~ ~ t o e r c o n l e e c e f t: ~ e ' o e ~ p e 1 ~ . , ~t n l c ac si h p ox r v ds es do bg yu (~ up so dr e hi )d ot xv ~ me t~ ing: t av ce ir vige i s D e p r e c ~ i t o i ~ 2 , P r o v s i o i n f o r t i ~ o l ~ , : si 35 ,7 1 63 t7 i B d e b l s 4 , 5 8 2 (a nd I . ' k t . e s a e ) d e c r ~ s a e i n ~ G a r ~ t s r e c i e v a b e l 2 4 , 6 2 3 C o m ~ a c s l r c c e v i ~ b t e 2 ( , 1 0 3 7 ) O B ~ e r r e c e v i a b e l s 2 { a , 6 ; 3 ) L o a h t ~ e r ~ e t ~ ~ i . v a b e l 4 < 8 ~ [ 8 8 ) In cr e a e s d ( ~ r e a e s ) i n : A~ c~ or . c u( n, tsI pa af yi at be es l ( 3 1 0 9 A . ~ ~ i . b l i 3 . 2 7 Netcas~pmvkl egby(usc ~R0c ~t x~ ra~ng~m~i ~, tm~ i 2~ 1 545 4) t M r e h a s e o f c e i t r i f c t a e o f d I e ~ s i t R d e e mem p i t o n o f c e r ir f i f a p i 43 (4 X, }7 I4 , 45 7) L s ( 7 Po ao ym ms na ~d : re et co eo vt i eh de nc o 1m ~n c to sfd t m~ oo ls f . et l rl ~mpr 8 4 2 5 2 0 P n m has e s p m r e l 1 No ef ~e cq au ~i pre ova d~dl ' i ba ys (e uh sa ~dhi e )i ~ na ~v ve sm . ie f grt ~ t as tivi c tes 3< 1 6, ,, 73 8~ 9> L ~ m p r ~ t e e & s l , a m m r e d a i r y R e l e ~ , d ~ i g P ~ g n , m ~ 8 1 3 ~ 6 2 Payme~tN oe ft oc I aa as .p , Ir mo ev ri Te ~ ed ~ di ab ry y( Ru e~ e~m { d) tk i gf Pa mc ' mn g ma 11 9.025 5 h d e ~ , i n n i g ~ i : l v t i i ~ . e N E T N I C R EA E S I NEC AUS HA D C AS H E Q W A L NT 26 8 C A S H A N D C A S H Q ~ A ' LN E N T S A T B E GU NO I N IE N G OS t aYEAR 88 0,3 55 . 4 1. C A S H A N D C A S H E Q U I V A L E N T S A T E N D F Y E A R ~ : % ~ SUPPLEMENTALDISCI .DSURE CaI ~~ ht . pr ae is ddurh~ gt , heyea ri br e t 2. L o~! 8, 0 F ~ si he al ~ m t ~ s l l n m i g l y. iqui l dd eg~ Xo l lr c~ r ~ar gp *o . ; dg we to hf a~ ma* ut t ii f ~t 'on fto rf l cc eq mhof no hw t ss, of r~ ee t sC so : tm .~pa ~ cy ~sc , h~ e~ Ts .d ie ~ vs a[ ~a nl sh t .ighl T~eate c. ompawte ~gnoR~ .sar eanint egra lpa rtofthes ef ii l~o ial~a~ emenr s MACONRID O V I l CND ON,tNC NOGE TEE SCO TON FII N A CE LV &E LI. SO TP AM T1E EN MT Ea NR TEG SI J M NOTEt-SUMMARYOFS| GN1FD 1E CACI N~ TB AE CR C3 O1 U, N2 T00 NGI I :~ DLICI ES NATU~OFOPERATIONS M n i o ~ e v n o n h i f s a o i z i m wma h~ oo s: ea mR ed mg be eE r. sc h~ pt i cm o} ne sD s( i se t ol fo rp mm mte ot i i" pR ae ig l ii t en si a, nI dc ee m( ne om mC ko ,r dp eo vr ea lc om p) mm ei nn ta o, ~t a, np ir af z ai t ot ro sr t oa l cn al ta ef d~ in n t h s t L ~ u s i a a n , T h J o ~ o r a o i n s m s i s n o i. s ct c x ~ i x . c d e e v l o p e t ix x ~ l ~ s r t a l eg r v r u ~ i m e m a n d' re e d a { h e s s ,i n a d j ~3 t c re a e t . ~ i a n , . I n ~ e e m b e t , 9 t 9 4 , h t e C o r p o a r t o l ~ ~ a p p t c i a t o i ~ o f r a r u r l a E m e a a 2 r s i e C o m m u n i y t w ~ a p p r o v e d b y t h e U ~ i x z t S a t e t s D e p a r m t a e ~ t o f A g r c i n t } u ~ J ( U S D A L A p e r v a t a s a n E a e r p r s i g C o n m n m ~ t i y w a s e o t p ~ t e d w t i h a h t r e e y e a r U S D A p a n t i n h t e a m o u n t o f $ 2 , 9 5 0 i . ~ 3 . n ~ 1 9 9 8 ~ s i o c n t r c ,vo a~un ~e newt ep Io c for rmani ao dd~ th i o~~e i le .: t mes ~ ' , yt ea ae rg sc ofI opn ero au 'k t mul sa .t ho err pe uv ri pol sz ei ofth hee t eco Fl n~ em t rpy . ra st i e C edTf m i ~g o f pon ti r o~uni oy ff ivr eg pa ar ish es st wit hiv ntm heCmoa lx} r rr att oni i 'sp doa mf inr a .: U S D A a s l o a p p o r v e d a 2 $ 0 , 0 0 , 0 0 0 J o a n t o 2 ~ e ~ C o r p o r i t a o n o t e s t b a i l ~ a e r v c l ~ v n i g l v c a n f m ~ d b { bo sr u it n~ em st an n' ds ee ai c xr ~ ma ~ . cr i de. veI opM l ma ey n, t2 wf t1 i i, h na hn t ea Ed ni tt ,< e pm r ra il sS e7 C5 t0 m~ ~I m( u3 M' t~ yn ,~w %a ws ea lp ~ ~r %v [e hd ~~t r go hoi ur tt lr a t e C x o i m e a e ~ . 3 d a R k p o ~ h e h t d s v oanprogr am.TheseI om~swe~~t aine dtN-ou#USDA' sDtermedt arr y Rr e~ e~~ l uh ii l ~gr [e hv (o ' gl ~ ri an mg .l n I A u u g s t , 1 9 9 5 , h ~ e U S D A a p p r o v e d a $ 3 X t , l 0 0 0 R m ~ a l B u s ~ i , ~ s ~ n e t ' , ~ p i f s e G r a n t t o t ~ e p r a e . ' , a m s a ~ l b u s n i e s s o l a n p , ~ e g a r m s o e l l y o g t h t e E m e r p i r s e C o m m u n t i y . T w o a d d i t o i n a l $ ( 3 ~ ( : , ' , ~ 9 gr ~m~. ~wereaprovedi nMarch~t998aMApr il,2I X): .lo~u ! ~n~i !~eN~sprogra . m, . P e k r ~ ' ca lb , ' h t e C o rp o ra i t o n r i a p e l me e t n s , o nt a ~ m r t aet ~albasis ,e nt erprogr amsdesigmt~d* or ' e c o n o m c i a ~ i M u m a i l e d v e k ~ p m e m m d j o b r a h t n i g . BASISOFACCOUNTINGANDPRESENL%TION T ~ l e f im m c N s a t te m n s t of {h eC o r o r at i o n h a v e ~on p m ~ w t ont th e a c c u r a b as iso fa cc o mtt t h k g F o r i f ~ t a ti r i . c af r e o ie i l n g u e s ,p h t e p r o v s i i m o f G o vl e r n m a t A ~ a o u nl d t g a t d d r s k a ~ r d S a t t e o r o m N , 2p 9 , T h ep U sr e~ o, f N o t b f r P r o i f ~ Ao ~ o . u n i f n g a n d~ F i n a n c a: i l R e ~~ o tS r n i l ln P ra i n c pe i l e s N G o v e r n m e n toE n . t ~ i e i s G ( A S B N o , 2 9 . ) a p p l y t ~ C o p r o r a i f o m G A S B N o . 2 9 ~ e q u r i ~ h t e C o r p o a r t o i n o t f o l o I w ~ i f n n a c i a l s t t a e o r o m p r s e e n t a g o n g u d i a n c e o f A C i P A S a t e t m e n t o f P o s t i o i n 7 8 I 0 o A c z o m t t n i g P N . c ~ p i l e s a n d R ~ o m n g P r a c i t c e s o f r C e r a t i n N o n p o r i f t O g r a n z i a t o i n s S ( O P 7 8 0 1 ) . A c c x , d n i g l y , t h e a c c m ~ n a t o f h * ~ C o r p o r t a k m a ~ l e n ~ n t a t L ~ n i a c c o ~ t m c ~ e w i h t h , pp io r nr ct pi i lg sp e ou frp fo ms ~e ai cn g. ouf }u ' l mnd q l gs .e R~t es ot u~ re cd ~a [e oc ' ro vN ari kg x~ st put re xi l ~s en sat ar ee: ca le ~d sip iu f or lpo : os f rs. ~coT uh ne ina f g. at ne d ~ n s o t s h i n o ~ l ~ u e ~ e s il al b~ !v i :s , i e: i sandf ir edbNaneesof~heCo~r at io n~~ ,at mr mdi nm, os elf. baIa ne inggrc ,upaL o f c 7 MAC.ONRID N~OM C I DCE V EL O PM E NG OE TF~ SCTO . O N A N I AL S T A T EMNT ENRI T~ SGION,INC, D E C E M B E R 3 I , 2 0 0 t NOTEt-SUMMARYOFS~GNWIC.ANTACCOUNTINGPOLICIES( CONTINUED) ,C Oo pr e[ a3 r ta nt S gi xs f mo dp ser ia nt do un e~rest ri ctedar idr ~a' ict e~lresot ~r cesav~il ahl ef orsupl x~toft he ~ r on* i ,s ,Lo nProgram| a ;~r~ d~incl uder esourcesres tri cte di brt heCorpc~at 2o~'sl e~xt ingpr ograms. F E R V A S I V E N ~ S S O P E S T I M A T E S Ti he re pa at r o ll f f .na i n c i al s mt e me n ~ n i x ; o f m t i w t ht ~~ a m > t l m g p l i c lpl e s en g e r ll y c a c e pt d e n tp h U n ~i t x . i So t t a e o f ~ . n e t i a : r el ~ q r i e sm . a nr a g e~ m es n~ t o a k e ~ ~ _ t mr i a~ ~ t a ~ ~ a s ~ _ ua m p i t ~ n s d i t a l ~ c t p e r t a e d l b a t i c e f n t a lf iu be a le i tt i eh i se ai tr heo t dc a6 es l 0m fo hn t enL is f r, mo mf :a :a i ls a tt s a~ ea t mn nm e si t ri a dl i ~e * , ra tn e xd mmd .i e ds ~l uo ns ou mr t so os fc ro en vt ei mg r ee sn ana ds ee xt ts ~nt sx ei s d r in g h t e r ei m rt i n g pe r K ~ . A c u t l re s t ~ t l c ou td d i[ t ~rf g o r m h ~ o s e . ~ . e i f mt al e s . ALLOW. ~NCEFORLOANLOSSES 3 I ' w a J I o w a ~ . e e f a t l o a n o t s s e ~ _ i s g r ~ i ~ r a ' i n e d a t ~ e i v e J w b i r ~ h , J ~ M ~ a a g e m e . } z F s ~ ) d m g e n l , J s d a e q u a * , e t o a b s r o b c r e d t i o l s ~ s i n h e e r n t ~ n ~ e ~ o l a ~ p o r t 0 f ~ t i ~ . T h e m a o m t ~ o f h t e a l o l w a n e c i bof ~t a eh ~eop no Mrt ao nl ao g, emcr ex nl 't t sc eo vn ac le un tm a iot nk om fs, Ne( .u c od l~ eci ibi t lh ts i yt oi fc ~a el lo es as ne px ap re tr ~i tn oce i ,, ncs i lp ue tc z ii ac g~i hm ep na ai ure t e~ r f i e i fe n i o r l e f d o l e n c t s ~ t e n h o b t o o n i i d oa l an ns s, rc a eo go em n{ ei aw r lc lo yn dd ei ti eo mn r n, i ea dd be ~o sh ee dr ori as t ck os ,i . ' an l th ee ar r int vr ai ~l h et sn oe rp tr et ~ l pl ri es. nA e tl vl aw uc l ea oc fe es sf to mr i am ep t da cr ae he a l f o w s . T h e a o l a n c e i s i ~ r c r a e s d b y a p r o v i i s o n o f o a l e s e s ~ , w i f ~ ~ c i s h a r g e d m e x p e ~ a~ ~ dl r er de u c eh da b yd e to mr ' rc g e~ .t oi ft ' t sd ,n et oe fp rr eo ov c vi eo ia r e sl ,l Cl ta mn? ~ gt e ~ . ~s i s. NsB e la a l o wao nf ce ee r le a ia t ni o os t i md pa aa i' e r d I m s a c g r e r . e ~ I .t ~ ~ o ' : o o ~e ec u e s un ~ nt e i ~ i e e n ~ n e s i i ~ c sN i es d e r ~ h r t ~ o , ai nr dh ts he e. rf em al l ta el do at tp kr wo ~ ~e t ns . cs e, mM aa yn ca tg me nm ge em n' i he e~t nm ea at "e t mof mc r ,r ti ot f wlo evs es r,i h' t eer ae mn ot mir tt~ ~ oe ftl ho ea cn h. am nr gf e~_ ~i t at s i ea o n a b y p o s N b le c a n n ot b e e s i t m at dt e . PROPERTY,EQUIPMENT. MNDDP. * PRECIATI , ON P o r e r t y a n d e qe u pa m e m hm a v ne i g ei m s n a ~ t x us e a i f l v i e gd e r a t r. h t e m n e y e a ra a ~n e o eo r d e~ lu a at x~ c. ou ss ti on r, f ~ t p r u l h ? e t o i i k ~ e ~ g hd t epo ~m s ra Je a gd a, l ta It ~ ~t i eh mi Npr e xo t lx oi ea v rt hf t ea es tv ma ~l ae el t da u~ se ~ld e Ia lt vs i eo sf oo fm he ~ e~ pn r. peo o rD te yp ar ne de qt e ar pr i mi e. mt ,m M, at int en nane cen nd a da rec pm ai rt saa xe ed cha~ rp g' es d. ta ol W~ eraf ti o~s ;5 sie gi ir f r ican, f tio mh pr or vei mens s[x t r, a es cam p' ta i le zl i ei d.i he o c e z w : ) :d e e m ~Twd ' , rs f oma amnf aci ct oe unt sc anu dt hai ert esud te l ngl i gJ ai nio oro losas set i ncr i : t~t d~ed i~: inct ome ew .~dl M~ ,CONRIDGEECONOI * VI !CDEYELOPMENTREGION,INC NOTESTO N E NTS DEF CI EA MN BC EI RA 3L 1S ,T 2A 8T ( tME NOTEICS U M M A R Y O F S G I N I F I C A N T N vO c 2 I U et rt t: ic a n. pl opa r er te r yem me ~r~ ls q~ e ui pme ata rT eA eC r sC tr iO cU edN t ~I oG t u~I ai r. dC dE sS i p~( sC tO i oN i nT bI yN grE nD a t) greeme a nmandby co l a R al g EXPENSEALLOG%TION l " ~ e c o t s s o f p o ~ v d i i ~ E g v m S o n s p o v g r m n s a a d e t ~ t . e r a . c i t v ~ i e i s h v a e ~ t ' . e n s u m m a r z i e d o n ~ R mc t ot i n ae l h a s . s i n i t h e S a t e t m e n t o f h ~ l p x ~ t r , R v e n e u e , E x m l n e s ~ . a n d C ~ b a n g ~ e i n F u ~ B a a t ~ c e s , S ta em t ntao e fF mc l kx t na lEx p d \gl y~c~ :ndm~os~ .~N~vebeenalocat e. ta ~ an md ri o g~ a Nh e p a ~ ~ g ~ ve kn -s ee ss b. enA et Sc ec t dor ,ir Ir No Cgt Or Mas En Td As X~p Sp To Ar Tn' US~er T i e ~ C o r o p r a t o i n i s e x e m p ~ o r f m ~ f d e ~ a : ~ i n c o m e R a n a r t d e r S . e g c n o 5 0 t c ~ ) ( ) 6 o f l f ~ e n I t e n r a l R )O: N Te Ove Tn ~ue LC( Le, UMNS T o a r ~ c o l u m n s a ~ p r e m s ~ : . e d t o a f c i i l a t t e i f n a n c i a l a a a y l s s i . D m a n i h ~ e s e c o u l m ~ d o n o t p r e e s n t f n i ~ m i a t p o s i i t o n a n d e r ~ . u l s ~ o f o c n e : t o i r s t . ~ n t x n ~ f o m i ~ y t w ~ J h a c o c u i t n n g p i r m l p i l e s g r e a g r a l y accept ~~ti nt heUni mdSt at esofAme rica. NOTE2 -S H A N DbC E R T I F C I AT E S O F D E P O S I T C. sC a hA a t D c e e m e r M , 2 f ~ I } c o n s i t s e d o f t h e f o l o l w n i g l Gn et ne er rr ai !s uC I ~om .om pt em t[ a~ h~P t grogram-o~r I3 0, ,0 92 56 4 E p e a~ Ng [ a e t m e d i a y r R t e n d n ~ gk P o g a m ( o l a n p o g a m . ) 10 1 , 7 25 8 R ~ s E e ~ ~ o ( ~ o a 2 4 Ru um rt at lB Bu u~ si it ~e , ss e se Ea ~t mr qp mr .e ~ .r .O G~ rr an tP : Pr og r gr ra am mr (! br um l~p i vr 4grr em o) n alio v nNn4)~._3 2. ,2 ~. . 6 Cer ti fl i. ae c tr et sx o> fi Dr ey pR oe si te i ar td Di eeP mr e ~g rm 31( ,] 2a {a 00p ~ ,r eg c mr is) s edoft t hef ell owi r~ g: 36 0 , 0 R ( ~ r l d a * n g o a r o o a m t0 0, ,0 00 ~) ( ? RuralBusine ssEnte rpri ~G,antPr ogr am(k~progr am) 37 0 C s ~ i f i e t s f m . m a e n i o a o s e a e c d l n g ma l ph r oa sn ed s~ ,c be t rf hc t ea p. ri oo gi rd ae mD '~ ssh ai dn mt [h ~e r su i ~l ai te vr i ese cd oi sr sy t aR ne dt bd t rn ,g ~P par . yg mr enm tma oc fc hu ent dc ea br tu mr Ur Sa De Aet ~b Cr ae ~nd mi d ~ c r e d f ~ a t ' s o f d e p o s t n : S o R t ~ u I B s n ~ E s t e p r i f e s ( k a n t P o r g a r o l a a a c , < n ~t t mi ' e r s r t t o i e : a d i n g p t r ~ p o s e s a n d 0 ~ r h t e N o : g . a m ' s ~ d m i i f : t s a r i f v e c o s s t , C a s h n i h t e R u r a l B u s i e n s E n m t p ri sc i eed }rf ( ar t n Pr ogr ambaiJ di ngr enova6onf ir edi sr es tri ct edforre nov ati onpua po se~. MACONRI M C NO L M T E ION,INC, 9 NOE TEE STO FM NMI t MC , ND CE IV A3 LE SO T0 AP TEE MN ENR TSG DO EC E B E ; 1 I 1, 2 0: 1 NOTE3. E S M M T O GrG aR tA ~ srN t rT ec e~ io vm aC b~ emV l in~ cy tL dP ~ eE umE ~N mT i bR mP eR lI ~ cE ~e sC sO t ns i tt mUN mI a xYn c mP tR og fG gR 3t 3A 9M ie ~iv ure! di i: ndo ope rat te ngt i Nme E e s t og [ h p t a ~ ~nt . l ur sp i ic ai ne agC Dg epam ry m~ t ni e t,h ofr Sr ~a ap i l, S" e' ve r io cE en st ,. Or fi ce i e,C og fo Cm onu mi ty a re a dS gr ,n St ert v: cL i eo ~u~ (s Oe Cna Ss ,we ) hii cl ~m stt i he o r o em t a is f e C m m u ~r t i y P o r rm a m n i * , ~ t t a e o f i a i , NOTE4c ~n Lt Oa Ati Nn Sa REen Cc EIVf Art BLe EEn: D u r ~ . i g 1 9 ~ i , t l i e C o r ~ l ~ r a k ~ ~ n b e g a ~ r n t a k u . i g ~ l t , ~ ~ b u s i n e s n e t i i t e s l . t ~ o r u N ~ U S D A ' ~ n I ~ e m m d ~ r a y R ~ t n e d N ~ i P o r g a r m , t , J d ~ e r h t k : ~ p r o g r a m , o I ~ o f u p t o $ t 5 0 ( , X X ) m a y b e m a d e ~ bur me s et ~( e5 n% it) t eo i sf nh i ht t et Cl ol ro pa o~ rp ao ir ot nf 'l si ei em vea n-b pe aI io r ~a oo ef p rau ti ot no a$ ' l; a5 r0 ea, ,0 At mm _c a ii ~ mp um m~ ow fth wo eq nu ~a ii f vo e ~ c n . 2 t e o a o o y N p 2 D ( o m fy . L ml e s e q r . t , ? n e S ~ ~ 2 o l ~ o d o e s s ~l Ac t~ ei ar sd tp si le x~ Dt '? pa er r~ cr ae e ~u te (i 6e 0d %m )~ ofl tl h{ ev nt i iy it a, lv $e 2w ,r Yr ( Xc . )e tt , Xt X( )5 mg d) ~ sf ea vt ee ni yr t -a ip f vp er te el r re cp er ne tj (c 7t 5c %e )t o. fs hes t e a d d k o n ~ ! $ 7 ~ . , O 2 ) n I t , r m e d a i : D , " R e e l m ~ l ~ r g P ' a o g a m N m l $ a v a l i b e l m s u t e b a n r d ~ o N s ' , i e n s w i h t i n t h e : E ~ e t r p r s l e C m < u n u n i y t , ~ d a m m x i m f t m o f f o r y t x ~ ~ c r e : r t ~ , 4 ( 0 % ) a s d ~ w t e a y t ' i f v e p e c r e m 2om ( 5%m )~ ,N ret s, pe ct ive ly,ofl i~ eNr ~d~a~ '~t iabl ema y~l eafedmbmi ,mssesr~ umideoftheEnt erpr ise C y D u r n i g 1 9 9 6 , h ~ e C ~ o o r a t o i ~ J l e g , a ] m a k n i g I o a s n t o b . ~ t i a ~ e s e ~ t . t i e i g m t e d r t ~ t e R u ~ . l f B ~ , ~ n i e ~ E" ~t e} l rt pt rh se i eGn rt a~ ~p tr Pi re ogro mn munu Tn hi i~, , program~towsl oa~sofupi n$2 3, 0gu. )tobemadembtt ~i ne sses v i i ~ e g , ~ P r h e ~ i p lsE a pa y m e ~ ~C . a n d i nt e r sf. e t ec r e v i e da~ on lo a n ~ * ~ t t g ett ld t r i f e;[ l n e mee r au i ~ R e e t ~ iag l P r ~ g a r m c a nc: t e i s ~ t ~ lt u . o l n y o r t m y m t o f t h ep, d eb t o Ue S D A pt y a m nd t o far e ~l o ! ~ a d m i n s i t a r i t v e o s s t o f h e p r o g a r m s ; a ~ l a e e l n d n i g m p ' t s ~ e s , P r n i e i ~ N p a y m e n s l n d n i t eN eh r s~ t e r c e i v ~ o a | a o ~ s u a d e ~ ~ e R u r N , ~ . s ~ . i m t : ~ s E t e l ~ ~ r s i e r C c a m , P ~ g a ~ m s ~ m a b e u i t t i ~ z o n l y t b r t e paymemofr easo~ mbl ead mi~ is~af f ivee osr ~sm~dr den di ngpur po ses, NO' rE5T P R O P E R T Y , E Q U P I M E N T A N D D E P R E C A I T I O N hl ewm: ajorcl ass .e sofownedpr oper tyandequ! pmematDecem~~~ r3t,200t.arest unmm' ize~ l be o CLASS P a i f t d ~ i g 27 0 5 , 9 9 l a . m d 8 2 5 , ( N _ F u m i t t e r , g a d e i f x u t r s e 9 0 . N ~n ti ud pN i mgei ntprove I9 06 6, 56 . 76 4 B l m sne n~ 8 5 6 5 5 , 7 3 I. ~ ,c m a a o (1 4 Nes _pa t oc r pe rn tu yl at ne ddd ee qp ur pe i mci et ni tn 36 98 7, .3 36 1 7) MACONRII X3EECONOMICDE. VFLOPMI , Ea NTREGION,INC NOI TESTO ~ DEF CIN EA MN BC Ef RA3L 1S .T 2(A DT~ 1MENI\ NOTE6T~ N O T E P A Y A B L E h e v y x e t N y a b e l e r p r e s t e t ~ ~ t h e b a l a ~ r e e d t e ~ m U S D A a t D ec em b er 31 2~ Ifor~etomiamaum o u e m U t em , ! ~ ! g a ! if nf an cd cs rb o do ar nr co ew wdl t~ i ho hi t eS iD f sA r tpu In od me ~r ah ge eh r e~ m, es n~ ,nt t ua p~ tR oe $e 2! ,d . ~i ( X! ' )s dP ~ro ; )g mr a~ y, bi eho xp I ~e mr r wi dna!a e yrea b he t C r i b f t r u e o b n i t s h t ~ e e Ie no ep t ro er sa tt ao tn at ar r ~e~ oe fe 1d 0~ , 0m %p sr i ao cs rs c ue~ dm ou ~s he u es ue o sp k ai t Nie i~ ~~ gq bt ai f~ ar ni et c ,el B, en ge np i na ir ns gf n8 i T. I ea c0 eo m. bea rd ,t 9%. 1 t e C o r p o a v . o i ~ b g a ~ a i k n g a l t a u I a p ~ n i c i a l a N l i ~ e t e s p a m y n t o $ 2 2 ) n h s i a m ~ a a ! N y m p h ti e st o c~ : m ~m i e u m it N e no e t m a tu e r s r i ~ De c em b e r . 2 0 2 5, I n a c c o d r a n c e w t ~ h t h e e s c o r ~ l o a . n a a g e e m e n , t u p , ~ e $ 7 5 0 . 0 X ( ? m a y ~ x : ~ ~ t d r o w ~ B y Cn rr o pe os rt aa it t oa nr i~ f re , _ eo r Jf en1 d. nX l g% pui rpa oc ec s sr md ~o I gi a~ ee ~so au mt b~ ea l sd w~ it hb ia nl tc i se e, le' ef v n~ pC aro sr i hf oa ~t an r iow f ti al ~ !t am ra ek ae , I e t ( 3 s u e n h s t h a n 2 e ~ r o ~ a r~ m in e t e ta s n yp a mem sf r o he t ir f tt s h re ey ea r s, an dt he nb eg in m ak n i g~a nn~a l pr in ei p a !~ md i e eN yr m s my t . , X a n i h m . r o 2 0 Tn tt er ~ ns ot ep t sa pk ae yn bt a ebe l rg a ei o~ c l, tg aO er t rc l~ a ib ee z dr b2 yI ~B n, An sd se gc i mo nt en nu te ot fm St ei ct ua re ~n i ,o It me rt e ea st t~ te a~ rm eaO cy hc lt ob ae nr m, a, d3 e1 h. t at t i s c N ( a e r a l e d b y W r o s p N p o p e r y t . M ~ , h t n x t e ~ p . ~ a y b ~ l e r e c o [ a t e a ~ l z i b a n A K s g i a m e n o % o o h a e i n ~ If nM e, t ~or st tg eg xe ~f i ~r a ee b~ f rht hl e~n ye am rad ee ~d r et xa l~ Di es ec eo mll et k , rra 3l 1z ,e 2d ~by 3 1 1tr oe at t le es dt $a Ie 8o ,226 NOTE7-FINANCIALI NSTRUN~NTS C O C A ~OpN O~ F CR EDtI Tt RI S KCt~: T eN h oE ~N ~ i ~T rR a io ~ i s yP ~ r : rei mbu e a w cC h s st nno i ame or ua me. ~dk us eEn fr oe mpr O. Ce Satvm at rm ki ~t ' ir t mo eg ~rm d~ a, 6u ~n ~de 4 hea~ t po es f~ ~e ers . om fte hn et ac <o en r tt a~ r cc tt . Seh ei Nor te eu 3l .t G e e n a r l y l , t h e C o p r t ~ ~ t o ~ t o p e a r t s e t i s o f ~ l e r c o ~ r t a e m a t p t o g m r ~ s o ~ a c : o s t r e m i b a s r e m n e t b ~ i s s l ' t e ~ C o r o p a r i f o r t m a l i t i a n i s c a h s a b , ~ ~ a c s e a ~ ~ e v K : f ~ i [ n m x i ' a / i ~ i / a P t o i ~ s l o c t a e d , i n N ~ t ~ , h e ~ . g . l ~ . i f a i m . ~ A o t m t sc a t e a c ~ t h s . ~ i I u t i ~ o ar . e i ne ~ . u e d y h t e F e d , m i e x l ~ ' i s I nh s a r n e C o pa or a~ ti oo rt ~ t p o X a , r e h d n i s h r s t ~ h e f $~ 5x 0t 8s ,$ 5I 30 40 ,.( AD tc L~ kp ' ~l eu c ms ;e l et rl 3~ 1e : ,a 2I f[ Xt ln ~ ,b hy t en Ct oe pp r ol ag r tr oi i fgb ~ sb aa ~t .k as ao rr et de ce ai sD ha bg ae ln at ~tw . si e Ru ta ~ am ec t ra lr $k 0e ,rw COLI. ~, %TERAMZATIONPOLICY U a ~ e l s s o t h e w r s i e d s i c o l s e d , [ g e C ( n T ) x v a J t o n d o e s o n t o b a t n i c o l a e r a l n o o t h e r s e u c r i ~ o t s u p o t r i~r~ f ciali nsrmme. at ss ubjectt oer edltr isk. MACON~D O NG OE TEE SCO TON FIM NI ACND CEI AVE LLSO TP AM TEEN MT ER NTE SGION,INC. NOTE8-EMPLOYEEPENSI OND PE LACE NMBER3t,201 T p ti o i t i ~ ~ ot a s o a d la ce t .t l 4h 0e iI (C k)o or f~r Ia t e: , ' In nt el ra es r de Rs ea vb el ns ul edCa odP . ee ~rk Ti ~n eP Cl on ixf r ro ~ ar ti ot i ne em 0np rl t iy be me es di $2a 8c 0co 8r 3: an t hewPi t ~h ar iS de n~ i io ' nn S 2 0 0 , NOTE9-RELATEDPARTI ES Ta hr e~ Ct oc r, ~, . f aw r te kr me :r am h se eni te at eh ' deo hr toi ~ rr t ay ns~ a~ cr i, t on s.of wb iu ~si the es ro i an ~it ie a~s i sam e (Re elt ar km ~ ,s. Pm al ti r ec so . )~ ~li Sr u, ch m s a e i , ~ ~ o n d n a o ~ n s h e a m f o s N c ua l d i ~ t g m ~ r ~ e r ar e t s a n dm c o i t aa e t r L a l ~ e s pe r v ai ln i nk i go tfm a Na eag ae s m. 0t mi . evo fl rve o c: om to Nr ~e at al r bi~ e t i s f h s . d o r , n h m n meer i , n m nm o~ ms mc lt ~o rn x. ~ tw tei i i~ r st ko ot re pc o: r su . et ea r oe hr t e~ r, mM ~a a, f vd oi rs at bt et l ,f ei at ut ee r so ,p T e ~ , t l d i m i uc i ~ o o b e m , : g e s> MB ar cl oo na R~ im dga ed Ce ~o mR t ne ua at te i ymP Ia ~v~ ee ~s oa pr me e. ai tie ~ Cr om ri pc oo an r is f ~u ~' : sg ~o . * uh . ~l r xa tm apo pf rr o~ va af lo fr od ra pI er nh ~; ar ns ei n~ tfp nr i a~ nj cc n* i g p r o i m h e C o r p a r o t o i n ~ n i g t h e ~ m . e r m l o a m . T e C r x i a r t o i n h a s o t t a ~ i w i r t e x', I rmiss kmf rom~UNte dSmt ~Depart me ntofA~i ealmremmakeNoseRe tat edPar~'l oa~..n T ~ e a . n a l i e r r 3 2 3 a 8 ~ d g 2h {e )D ~ !a ,K n. er wg lt oe aa mm to om s~ u0 co hf : rl . eo la vs a ~m pf as r~ te eh i sm to: at t le ddp e $a 4r 0~ ,e 3s 6a 8~ aI rX dx i hm t en rb ee w. e1 e~ r et r p3 a1 y. mw es nt s$ ~1 f, $y ~8, oa , 1D 2t 5~ ,a An s o f e c ~ n b e r . 3 t , 2 0 I , t h r e o h t s e S t v e o l a s ~ w e r e e ~ e t d c d p a s t N e r t m t a m t i n e r s n ce or nm ta nn i ue in nt gf ~n oan cc a ch u~g r ewi ni e] t r~ e~ ss te ae it r dr~ al l eby t fen s? e .in tt tr it ~h , . aa nn ii t cu a~e p i , t4 ed, t2 hi a1 t2 c, oo. st ruct lonwilbecomplet eand d p i t x l . o e X . NOTEI 0 S U t S K E Q U G N T E V E N T S Tn hk ei Ci o, rmw 3h ui tc r hh yi Ra enn ee ww lk a Tn Kd ~o Rep l~ ie fn Ar ch ti ofa 2o 1n ~ 0g 0F e t s a b i l s h ~ h t e R e ~ m w l a C o m m , m u t y R ( C ) i a v e s i f m e s p m , x l r e a i , S t a e t a n d o i e a ~ g o v e n m e ~ N , 3 , k c ~ a li ms ~g ne i es se ~dsc ,m aMmcu tn ~i . mi ns m.~ ityorg' ani za~i onsms imt~ f lat eeomemi ~deve aopmemi nNeNat km'smos! t d t o t e ~nit ' sn Aua c, t, auo Df2 t d00 ) z2 x, e lL tho eu di ei si gm mr ti i oc niv oe "d f ff o} rt y~ 4. 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Ni evi de thefer tm a ,mMaconRidge~ T h e C ~ p r o a r t o i n ~ i p a r i t n g a s ~ e n o f h t e e r v o l v e d f u ~ t n i t o C r e t f i c a t s e o f D e p o s t i r a h t e r t an n e r q n e i d g t h e N n ~ u n d e c a e r d t h a t t i i s d / s u r Nd eh t , c : M v e a ~ m ap i l m . ~ ~ t o m y s w ~ h e d n s a ' i . a o y e ~ , o h , Uh So De Adr ,e He o, wn ed ef v ro ,r mt yd ea am -W r ei ne di ,~ h. t et r~ el wo af st $h 4e 6p 0~ : ,o 0g 0r 0m ie ns Ca Dn st ' de sa e in gn nu aa el t dl aa sn na I ta em mo r ea dt ~{ i rf y~ R ~ n oe g i x d w c m c h r e h m ~ s " s i o n d d ee b* se et ve r ir cei .g T. hP er Cr ~a Tm ' ,~ ~ rf aa tt os i n, BI s o~ ui ih di ms keu a es vm re e y, ft e oe tc r tn oe tc ee n. dD th, et ao dr 4~ fd i om ti Nni ~ Ntr ~f r sn toa c u s o t m e . r " e r d d r e h ~ m h e l d n i g h t e s e N ~ d ~ n C e r i t i f a e t s o f e p o i s ; t 4 c ~ o i n 7 a " : ~ , e n : W e c e n u c r w t i h t h e m d ~ t i o r s ' r e c o . m m e n d a k t m a W e g ~ e c r u r e m l y ,e r endingNe l seNnds~Wearecashi ngi nCer Ai fc m: esofDepositonanasneededba sis. L o ~ P og r r a m si S ia n c i e i c n e v o o f h t e o l a ~, v g, ~ t m, c t : o u d i e g h a sh a d a n nf o m al p ol i eyo w o ke r i nh g w i t ~ l l o mn ~ c u s o t m ~ e sn ,p o ~ a e s bM y e a s eR b a i s s , c ~ , l e p t h , ei m i t rr e u h i f ~ if ~l d i N u c t l e i s , T h e C o r ~ r a t o i }n s o , . ~ ! d ce m _ ~ d i e r m N ~ i n g ~ h .h s a k a m ' a , t ~x i ,g + t e n pu _ ~ l c i y Te ,~ " l sd i p o l c i y w n u d i d a i e r a o i s , n w ~ k c m , I hn ol wl l. od n. gI an nt ah ce cl o. ul nw tS ia st l~ a lh on wC do e ~p oo sr at ~ yn ds ei ia ! ~b ql ae n~ e t~ bd eo ~. bi ei t oo f rr eM ca og t s~ t, ~l pe o~ r eh c dg e is n~ g~ s. me er ~ i t a ~ e s i w ~ y , h ~ t e C o r o p r N i o n c o u t d c o n t n i u e l o h e l p l e ~ c u t s o m e r s w h n e a e c e s a s ~ , b u t h t e p o i l y c w o u l d e n x u r e h t a a l l u s c h u c s t o m e r s a e r r t e a e t d e q t a i ~ i , ' A c t o ~ ~ T a k e * , : W e c o n c r u w i h t h t e a u d i o t F s r c e o n n n e n d a i t o ~ s , W e ~ i l i s e t a b i l s h a forr na ~L~, ri tt enpc! le y,AIir v equestw~tt_ ~dea ltwit hcaaca seby-ca seba si. ~. fh ~a hp ee Ln et . gi ir la s ~t i( t v3 e1 .8 X) ' , u5 d7 ti e3 r0 s3 ' O3, f' ceha i sque sti or~ . sr , egar dingthes eha ns,pl easec&t !R. oNnN, C r e 7 S(i I; Ce% l d I~ P~. ,.f ~f. . ~ 7 L o l y d S . 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