2024-01-16 - Ordinance 2024-012 - APPROVING A REDEVELOPMENT AGREEMENT BETWEEN THE VILLAGE OF BUFFALO GROVE AND SDG DUNDEE DEVELOPMENT, LLC, FOR THE PROPERTY LOCATED AT 915-945 DUNDEE ROAD, BUFFALO GROVE, IL 60089 ORDINANCE NO.2024-012
AN ORDINANCE APPROVING A REDEVELOPMENT AGREEMENT BETWEEN THE VILLAGE OF BUFFALO
GROVE AND SDG DUNDEE DEVELOPMENT.LLC.FOR THE PROPERTY LOCATED AT 915-945 DUNDEE
ROAD,BUFFALO GROVE,IL 60089
WHEREAS,the Village of Buffalo Grove is a Home Rule Unit by virtue of the Illinois Constitution
of 1970; and
WHEREAS,the Village is a home rule unit of government in accordance with Article VII,Section
6,of the Constitution of the State of Illinois, 1970;and
WHEREAS,the Village has the authority, pursuant to the laws of the State of Illinois,to promote
the health,safety and welfare of the Village and its inhabitants,to prevent the presence of blight,to
encourage private development in order to enhance the local tax base,to increase additional tax
revenues realized by the Village,foster increased economic activity within the Village,to increase
employment opportunities within the Village,and to enter into contractual agreements with third
parties for the purpose of achieving the aforesaid purpose,and otherwise be in the best interests of the
Village; and
WHEREAS,the Village has the power and authority to enter into the Redevelopment Agreement
(the"Agreement"), attached as Exhibit A,pursuant to,but not by way of limitation,the home rule
powers of the Village under Section 6,Article VII of the 1970 Constitution of the State of Illinois;and
WHEREAS,the Village is authorized under the provisions of the Tax Increment Allocation
Redevelopment Act,65 ILCS 5/11-74.4-1,et seq.,as amended (the"TIF Act"),to finance redevelopment
in accordance with the conditions and requirements set forth in the TIF Act;and
WHEREAS,915-945 Dundee Road is approximately 16.69 acres and is located in the 2023
Buffalo Grove Dundee Road TIF District Redevelopment Project Area; and
WHEREAS,the Village,on March 20,2023,adopted an Inducement Resolution (the
"Inducement Resolution") relating to the proposed development of the Property;and
WHEREAS,as part of the eligibility study of the development of the Property,the Village found
that the TIF District,which includes the Property,suffers from the following factors:deterioration,
excessive vacancy, presence of structures below minimum code standards,and inadequate utilities;and
WHEREAS,SDG Dundee Development, LLC(hereinafter referred to as"Petitioner"or
"Developer"),and their Developer Affiliate, has entered into a contract to purchase and redevelop the
existing Property.The development will include a 50,000 square foot new car dealership and service
center,20,000-40,000 square feet of new commercial/retail and an approximately 224-unit luxury
apartment project(collectively,the"Project");and
WHEREAS, it is necessary for the successful completion of the Project that the Village enter into
this Agreement with Developer to provide for the development of the Property,thereby implementing
a
the Redevelopment Plan;and
WHEREAS, Developer has been and continues to be unwilling to undertake the development of
the Property but for certain TIF and other incentives from the Village,which the Village is willing to
provide under the terms and conditions contained in the Agreement;and
WHEREAS,the Village has determined that it is desirable and in the Village's best interests to
assist Developer in the manner set forth in this Agreement.
NOW THEREFORE BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE
VILLAGE OF BUFFALO GROVE,COOK AND LAKE COUNTIES,ILLINOIS:
SECTION 1. The foregoing Whereas clauses are hereby incorporated herein.
SECTION 2. The Village President and Village Clerk are hereby authorized to execute the
Redevelopment Agreement a copy of which is attached hereto as Exhibit"A" and any necessary exhibits
and documents in furtherance thereof,subject to the final review and approval of the Village Attorney.
Village staff is also authorized to implement the terms of the Agreement,subject to the final review and
approval of the Village Attorney.
SECTION 3.This Ordinance shall be in full force and efFect from and after its passage,approval and
publication.This Ordinance may be published in pamphlet form.This Ordinance shall not be codified.
AYES: 6—Johnson,Cesario,Ottenheimer,Stein, Bocek,Weidenfeld
NAYES: 0-None
ABSENT: 0-None
PASSED: January 16.2024
APPROVED: January 16,2024 i
PUBLISHED: January 17,2024 �
ATTEST: APP �l ED:
�,t `P"r�*n..�S�• ' .
Jane . irabian,Village Clerk Eric N.Smith, 'll ge resident
�kr�'�""���s;=�r
``~~�l��'�� '� '��j
��1,� � �___-�`--u �i
i.�'/= � `-_U�„r
`�� "� �
�"�-rw r..�I���'�i`t��
� �
��„`_V �,��
' f��~Ln�� = i�
.� 4� `
i}�1�,,.-_.�t_��{ti'�.�.ti�~,��
sf�{������
L
EXHIBIT A
Redevelopment Agreement
..... .3� .�...- . .... ..... _ :... :,.. ... .-..�r�- ..._. .... .._ . ._.. . .. ...... . .. .. .. .. . . .
REDEVELOPMENT AGREEMENT
THIS REDEVELOPMENT AGREEMENT (this "Agreement'), is made and
entered into as of the 16th day of January, 2024 by and among the VILLAGE OF
BUFFALO GROVE, ILLINOIS, an Illinois municipal home rule corporation, located
in Cook and Lake County, Illinois (the "Village"), and SDG Dundee Development
LLC, an Illinois limited liability company or its assigns ("Developer").
RECITALS
WHEREAS,the Village is a home rule unit of government in accordance with Article
VII, Section 6, of the Constitution of the State of Illinois, 1970;and
WHEREAS,the Village has the authority,pursuant to the laws of the State of Illinois,
to promote the health, safety and welfare of the Village and its inhabitants, to prevent the
presence of blight, to encourage private development in order to enhance the local tax base,
to increase additional tax revenues realized by the Village, foster increased economic activity
within the Village,to increase employment opportunities within the Village, and to enter into
contractual agreements with third parties for the purpose of achieving the aforesaid purpose,
and otherwise be in the best interests of the Village; and
WHEREAS, the Village is authorized under the provisions of the Tax Increment
Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1, et seq., as amended (the "TIFAct'�,
to finance redevelopment in accordance with the conditions and requirements set forth in the
TIF Act; and
WHEREAS, the Village, on March 20, 2023, adopted an Inducement Resolution (the
"Inducement Resolution") relating to the proposed development of the approximately 16.69-
acre parcels of land located at 915-945 Dundee Road in the Cook County portion of the Village,
and legally described and depicted on Exhibit A to this Agreement (the "Property"); and
WHEREAS, pursuant to the TIF Act and all other Illinois statutory requirements, the
Village represents and warrants that it took all steps required by the TIF Act to create a
redevelopment project area that includes the Property including but not limited to authorizing
the preparation of and approving an eligibility study and report entitled "The 2023 Buffalo
Grove Dundee Road TIF District Redevelopment Project Area" dated May 4, 2023 (the
"Redevelopment Plan") which includes the Property, issuing all required legal notices and
newspaper publications, holding a Joint Review Board meeting on June 20, 2023 and a public
hearing by the Corporate Authorities on July 17, 2023, adopting the required ordinances as set
forth below, and thereby creating the 2023 Buffalo Grove Dundee Road TIF District(the"TIF
District"), all pursuant to Illinois statutory requirements; and
WHEREAS, as part of the eligibility study of the development of the Property, the
Village found that the Redevelopment Plan, which includes the Property, suffers from the
. _.,c "r�l.cL+�lln�. .. , ?..- . .,_..,�.:.. .. .
following factors: deterioration, excessive vacancy, presence of structures below minimum I
code standards, and inadequate utilities; and
WHEREAS, to stimulate and induce development of the Property and other
properties in the TIF District pursuant to the TIF Act, the Village, on August 21, 2023,
adopted the following ordinances (collectively, the "TIF Ordinances"), after giving all
notices required and after conducting the public hearings required by applicable law including
the TIF Act:
1. Ordinance No. 2023-107, approving the Redevelopment Plan;
2. Ordinance No. 2023-108, designating the Redevelopment Project Area; and
3. Ordinance No. 2023-109, adopting Tax Increment Financing for the
Redevelopment Project Area; and
WHEREAS, Developer has represented to Village that Developer, and its principals,
are skilled in the development and operation of commercial and residential developments and
are able to develop the Project(as defined in Article Two)with the necessary skill,knowledge,
and expertise as well as input from other experts and consultants in the construction and
operation of such a Project; and
WHEREAS, Developer and/or Developer Affiliate has entered into a Purchase and
Sale Agreement to purchase the Property; and
WHEREAS, Developer desires to develop the Property (as defined in Article Two)
individually or in concert with others to establish both commercial and residential uses; and
WHEREAS, in September 2023, Developer filed an application for a map
amendment and planned unit development and other related relief to develop the Project on
the Property and thereafter the Village approved Ordinance No. 2023-167 granting all
necessary zoning approvals; and
WHEREAS, it is necessary for the successful completion of the Project that the
Village enter into this Agreement with Developer to provide for the development of the
Property, thereby implementing the Redevelopment Plan;and
WHEREAS, Developer has been and continues to be unable to undertake the
development of the Property but for certain financial assistance from the Village, which
the Village is willing to provide under the terms and conditions contained herein; and
WHEREAS, the Village has determined that it is desirable and in the Village's
best interests to provide financial assistance to the Developer in the manner set forth in
this Agreement; and
WHEREAS, this Agreement has been submitted to the appropriate authority of
each respective Party for consideration and review prior to the approval and execution of
, ....T_- f., a�.q. � -..... ...�n .,... .. .. .
this Agreement by each respective Party, and any and all actions precedent to the
execution of this Agreement have been undertaken and performed in the manner required
by law;and
NOW THEREFORE, in consideration of the foregoing and of the mutual
covenants andagreements herein contained, and other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the Parties do hereby agree
as follows:
ARTICLE ONE
INCORPORATION OF RECITALS
The findings, representations, warranties,and agreements set forth in the above
Recitals are material to this Agreement and are hereby incorporated into and made a part
of this Agreement as though fully set out in this Article One, and constitute findings,
representations warranties, and agreements of the Village and Developer according to the
tenor and import of the statements in such Recitals.
ARTICLE TWO
DEFINITIONS
Far the purposes of this Agreement, capitalized words and terms used in this
Agreement shall have the meaning provided in this Article Two, and from place to place in
this Agreement, including in the above Recitals.
"Actual Total Project Costs" means the actual project costs the Developer has
incurred prior to the issuance of the Subordinate Developer Note, excluding the vertical
construction costs for the Residential Project and the vertical construction costs for the Retail
Project on Lot 2, for those items listed on Exhibit D to this Agreement.
"Available TIF Increment" means 85% of the Village TIF Funds generated by the
Project on the Property, which may also include the School and Library Holdback pursuant
to paragraphs 5.3.A.6 and 5.3.B.8.
"Certificate of Substantial Completion"means the certificate, in the form of Exhibit
L to this Agreement that is required to be issued by the Village Manager upon completion
of the Retail Project for the Retail Car Dealer "Substantial Completion — Retail Car
Dealer" as provided in this Agreement.
"Corporate Authorities" means the President and Village Board of Trustees of the
Village of Buffalo Grove, Illinois.
"Day" means a calendar day.
"Developers" means Developer and any Developer assignee.
"Effective Date" means January 16, 2024, as further provided in this Agreement.
�,_ � ,..�:..,. _... _ _ ... ... _
"Eligible Costs" means, with respect to financing provided with proceeds of a tax-
exempt Primary Developer Note or tax-exempt Subordinate Developer Note, TIF Eligible
Expenses that are costs of a type that would be properly chargeable to a capital account under
the Internal Revenue Code (or would be so chargeable with a proper election) under federal
income tax principles.
"Estimated Total Project Costs" means the estimated project costs as of the date
which were provided to and utilized in the SB Friedman Development Advisors, LLC
memorandum dated January 12,2024 and attached as Exhibit M which the Developer intends
to incur prior to the issuance of the Subordinate Developer Note, excluding the vertical
construction costs for the Residential Project and the vertical construction costs for the Retail
Project on Lot 2 that are listed on Exhibit D to this Agreement.
"Final Engineering Plans" means the final engineering plans for the Project to be
approved by the Village Engineer, which include, but are not limited to, final engineering
plans forthe Retail Proj ect(conducted in phases),and final engineering plans forthe Residential
Project.
"Final PUD Plan"means, collectively, the final plans, specifications, and cut sheets
that are set forth and identified for the Planned Unit Development approved by the Village as
Ordinance 2023-167.
"Final Subdivision PIaY' means the final plat of subdivision to be recorded by the
Developer in substantial conformance with the Site Plan, as amended by the Developer and
approved by the Village.
"Funding Certification"means the certification in the form of Exhibit K to this
Agreement, to be delivered by Developer upon satisfaction of each of the Funding
Conditions.
"Gross TIF Increment" means the total Incremental Properly Taxes generated
by the Project on the Property.
"Funding Conditions" means the specific conditions set forth in Article Six of this
Agreement that must be satisfied before the Village is required to issue the Primary Developer
Note or Subordinate Developer Note.
"Incremental Property Taxes" means the ad valorem taxes, if any, arising from the
taxes levied upon the Property,which taxes are attributable to the increases in the then current
equalizedassessed value of each taxable lot, block, tract, or parcel in the Property over and
above the total initial equalized assessed value of each such lot, block, tract, or parcel of
real property, all as determined by the County Clerk of Cook County, Illinois, pursuant to
and in accordance with the TIF Act,the TIF Ordinances and this Agreement
„ _ _ _._ ,
"Note Ordinance” means the ordinance to be adopted by the Corporate
Authorities authorizing the issuance of the Notes.
"Notes"means, together, the Primary Developer Note and the Subordinate Developer
Note.
"On-Site Improvements"means all of those certain public and private improvements
to be constructed on the Property as part of the Project, excluding the Residential Private
Building and the Retail Private Buildings. On-Site Improvements include, without
limitation, the internal roadways, sidewalks, sanitary sewer lines, water lines, storm
sewer lines, utilities (including electricity, phone, fiber optics, and gas), surface parking
lots, and landscaping that are part of the Retail Project and part ofthe Residential Project
respectively.
"Party" or "Parties" means the Village, and Developer, as the context requires.
"Person" means any individual, corporation, partnership, limited liability
company, joint venture, association, trust, or government or any agency or political
subdivision thereof, or any agency or entity created or existing under the compact clause
of the United States Constitution.
"Planned Unit Development" or "PUD" means the special use, to allow
development of the Retail Project and the Residential Project on the Property, pursuant to
Section 17.28.050 and Section 17.44.060 of the Buffalo Grove Zoning Ordinance,
granted by the Corporate Authorities.
"Prohibited Use" means those uses not specifically identified as either a permitted or
special use in the B3 Planned Business Center District and R9 Muli-Family Dwelling District,
except as may be modified by the PUD, as may be amended from time to time.
"Project"means the development and construction of the Retail Project and the
Residential Project. The Project shall include the development of Lots 1, 2 and 3, as
depicted on the Site Plan attached as Exhibit B, as follows:
a. Approximately 50,000 square foot Retail Car Dealer as identified on Lot 1 of
the Preliminary Site Plan. Developer intends that the building remains occupied by a
Retail Car Dealer during the term of the RDA.
b. A minimum 215-unit luxury apartment project as identified on Lot 3 of the
Preliminary Site Plan.
c. A combined minimum 20,000 square foot best-in-class commercial/retail
building(s) as identified on Lot 2 of the Final Plat of Subdivision. The Developer intends
that the building(s)will remain substantially occupied during the term of the RDA,unless
otherwise approved by the Village.
"Primary Developer Note" means the promissory note the Village agrees to issue to
the Developer in accordance with the terms of this Agreement which has a lien on the
Available TIF Increment which is senior to the lien of the Subordinate Developer Note on the
Available TIF Increment as indicated in paragraph 5.3.C.3.
"Redevelopment Project Area" means the area designated by the Corporate
Authorities in the TIF Ordinances.
"Redevelopment Project Costs"means all qualifying costs that are authorized and
definedby section 74.4-3 (q)of the TIF Act.
"Residential Construction Obligation"means as defined in this Agreement.
"Residential Parcel"means that portion of the Property that is approximately five
and one-half(5.5) acres in size and is depicted as Lot 3 on the Final Subdivision Plat.
"Residential Private Building" means the four-story building that is
contemplated to be constructed as part ofthe Residential Project on the Residential Parcel.
"Residential Project" means that portion of the Project to be developed by
Developer or its assignee, on the Residential Parcel that contemplates the construction of
not less than 215 apartments in the Residential Private Building, as depicted on the Site
Plan, as well as the construction of those On-Site Improvements that are located on the
Residential Parcel.
"Retail Car Dealer" means a nationally recognized automotive brand operating on
the Property that is approximately fifty thousand (50,000)gross square feet, with the final
square footage to be determined at the time of issuance of the building permit and that is
consistent with the Site Plan attached as Exhibit B, on Lot 1 of the Final Subdivision
Plat.
"Retail Completion Guaranry" means the guaranty in the form of Exhibit C to this
Agreement to be executed by and on behalf of Retail Developer limited to the completion of
the Retail Car Dealer on Lot 1, and as further described in Article Nine of this Agreement.
"Retail Pa�cel"means that portion of the Property that is approximately 10.5 acres
in size and is depicted as Lot(s) 1&2 on the Final Subdivision Plat.
"Retail Private Buildings" means the buildings that are contemplated to be
constructed aspart of the Retail Project on the Retail Parcel other than the Retail Car
Dealer.
"Retail Project"means that portion of the Project to be developed by Developer
on the Retail Parcel that contemplates a combined retail and commercial development of
approximately seventy thousand (70,000) square feet including of which approximately
fifty thousand(50,000) square feet is anchored by a Retail Car Dealer, as depicted on the
Site Plan, as well as the construction of those On-Site Improvements associated therewith.
"School and Library Holdback" means the Statutorily required school and
library district holdback set forth in the TIF Act which is annually; 27%of the incremental
property taxes from the Residential Project, plus 13% of the incremental property taxes from
the Residential Project and plus the 2% of the incremental property taxes generated from the
Residential Project.
"Senior Lien Account"means the subaccount of the Special Tax Allocation Fund
from which the principal of and interest on the Primary Developer Note shall be paid,
said subaccount to be established in the Note Ordinance.
"Subordinate Developer Note"means the promissory note,the Village agrees to issue
to the Developer in accordance with the terms of this Agreement which has a lien on the
Available Tax Increment which is junior to the lien of the Primary Developer Note on the
Available Tax Increment.
"Subordinance Lien Account" means the subaccount of the Special Tax Allocation
Fund from which the principal of an interest on the Subordinate Developer Note shall be paid,
said subaccount to be established in the Note Ordinance.
"Site Plan" means the SitePlan for the Project prepared by PUD Ordinance and
attached to this Agreement as Exhibit B.
"Special Tax Allocation Fund" means the 2023 Buffalo Grove Dundee Road TIF
District's Special Tax Allocation Fund for the Redevelopment Project Area created by the
Corporate Authorities pursuant to the TIF Act and into which the Incremental Property Taxes
will be deposited.
"State" means the State of Illinois.
"Substantial Completion- Residential" means a temporary or final certificate of
occupancy having been issued for the Residential Project as determined by the process
described in this Agreement.
"Substantial Completion — Retail Car Dealer" means a temporary or final
certificate of occupancy having been issued for the Retail Car Dealer as determined by the
process described in this Agreement.
"Substantial Completion —Retail Lot 2"means a temporary or final certificate of
occupancy having been issued for the Retail Project on Lot 2 as determined by the process
described in this Agreement.
"TIFEligible Expenses" means those expenses related to the Project incurred after
March 20,2023,the date of the Inducement Resolution, and that qualify as "redevelopment
project costs" as defined in Section 74.4-3 (q) of the TIF Act, as restricted pursuant to this
Agreement.
"TIF Funding Escrow" means the escrow account to be created at Chicago Title
InsuranceCompany by the Village and Developer, in substantially the form attached to this
Agreement as Exhibit E, into which Available TIF Increment is deposited to make payments
towards the principal and accrued interest of the Notes, or by another means to process the
payments of the Notes that is mutually agreeable by all Parties.
"Uncontrollable Circumstance" means any event which:
(a) is beyond the reasonable control of and without the fault of the Party
relying thereon; and
(b) is one or more of the following events:
(i) insurrection, riot, civil disturbance, sabotage, act of the public enemy,
explosion, nuclear incident,war,or naval blockade;
(ii) hurricane, tornado, landslide, earthquake, lightning, fire, windstorm,
flooding, other extraordinary weather conditions,pandemic, epidemic,
or other similar Act of God;
Uncontrollable Circumstance shall not include: (1) economic hardship or impracticability of
performance, (2) commercial or economic frustration of purpose, or (3) a failure of
performance by a contractor (except as caused by events (b)(i) or (b)(ii) above which are
Uncontrollable Circumstances as to the contractor).
"Village Manager" means the duly appointed Village Manager of the Village.
"Village Share of the TIF Funds" means 15% of the Village TIF Funds generated
and received each year from the Project on the Property.
"Village TIF Funds" means the Gross TIF Increment less the School and Library
Holdback generated and received each year from the Project on the Property.
ARTICLE THREE
DOCUMENT CONSTRUCTION
This Agreement, except where the context by clear implication shall otherwise
require, shall be construed and applied as follows:
3.1 Vocabulary.
.�. _ _ _ _�,,. ..� � :_ � _ _ _.. _ _.
(a) Definitions mclude both singular and plural.
(b) Pronouns include both singular and plural and cover all genders.
(c) The word "include," "includes" and "including" shall be deemed to
befollowed by the phrase"without limitation."
3.2 Section Headin�s. Headings of sections and subsections herein are solely
for convenience of reference and do not constitute a part hereof and shall not affect the
meaning, construction or effect hereof.
3.3 E�ibits. All e�ibits attached to this Agreement shall be and are operative
provisions of this Agreement and shall be and are incorporated by reference in the context
of use where mentioned and referenced in this Agreement. In the event of a conflict
between any e�ibit and the terms of this Agreement, the Agreement shall control.
3.4 Certificates and Opinions. Any certificate, letter or opinion required to be
given pursuant to this Agreement means a signed document attesting to or acknowledging
the circumstances, representations, opinions of law or other matters therein stated or set
forth. Reference herein to supplemental agreements, certificates, demands, requests,
approvals, consents, notices and the like means that such shall be in writing whether or
not a writing is specifically mentioned in the context of use.
3.5 Authoritv of the Village Mana�. The Village Manager, unless applicable
law requires action by the Corporate Authorities, shall have the power and authority to
make or grant or do those things, certificates, requests, demands, notices, and other
actions described in this Agreement and the PUD for and on behalf of the Village and
with the effect of binding the Village. Developer is entitled to rely on the full power and
authority of the persons executing this Agreement on behalf of the Village as having been
properly and legally given by the Village. As provided in this Agreement, the Village
Manager shall not be personally liable under this Agreement and shall not be subject to
any personal liability or accountability by reason of or in connection with or arising out
of his or her performance under this Agreement.
3.6 Develo�er Authorized Representative. In connection with the foregoing
and other actions to be taken under this Agreement, and unless applicable documents
require action by Developer in a different manner, Developer hereby designates
Shorewood Development Group, LLC, an Illinois limited liability company as its
authorized representative,who shall individually have the power and autharity to make or
grant or do all things, supplemental agreements, certificates, requests, demands,
approvals, consents, notices and other actions required or described in this Agreement for
and on behalf of Developer and with the effect of binding Developer in that connection
(such individual being an "Authorized Developer Representative'). Developer shall have
the right to change its Authorized Developer Representative by providing the Village with
written notice of such change. As provided in this Agreement, the individual designated
as the Authorized Developer Representative shall not be personally liable under this
Agreement and shall not be subject to any personal liability or accountability by reason
of or in connection with or arising out of his or her performance under this Agreement.
3.7 No Personal Liability of officials of the Villa�e, or Developer.No covenant or
agreement contained in. this Agreement shall be deemed to be the covenant or agreement of
the Mayor, a Village Board of Trustee member, the Village Manager, orany official, officer,
partner, member, director, agent, employee or attorney of either (a) the Village, or (b)
Developer, in his or her individual capacity. No official, officer, partner, member, director,
agent, employee, or attorney of either (a) the Village, or (b) Developer, shall be liable
personally under this Agreement or be subject to any personal liability or accountability by
reason of or in connection with or arising out of the execution, delivery and performance of
this Agreement, or any failure in that connection.
ARTICLE FOUR
IMPLEMENTATION OF
PROJECT
The Parties acknowledge and agree that notwithstanding anything in this Agreement
to the contrary, this Agreement is subject to and conditioned upon the execution of this
Agreement by and among the Village and the Developer. The Parties recognize that
Developer is under contract to sell the Residential Parcel and assign the obligations of the
Residential Project to Double Eagle Development LLC, a Missouri limited liability
company and/or 332 North Arlington Heights LLC, a Missouri limited liability company
(hereafter "Double Eagle"). Upon conveyance, Double Eagle shall assume those
obligations of the Residential Project and Developer shall be relieved of the same. The
Village further acknowledges and consents to the assignment of the Subordinate
Developer Note by Developer to Double Eagle should Developer make such an
assignment. The Parties further acknowledge that Developer may convey the Property
or any part thereof and/or assign any part of the Project to a Developer Affiliate.
Assignment of obligations of the Project to parties other than Double Eagle will be subject
to Village approval, not to be unreasonably withheld. No Village Approval is required to
encumber, pledge, lien or otherwise mortgage the Property or part thereof or to pledge or
assign any or both of the Notes, in accordance with the terms of the Notes and the Note
Ordinance and 5.3C 6. The assignees of such assignments must acknowledge that the
assigned projects must conform with the terms of this Agreement applicable to the part
of the Project assigned to them.
ARTICLE FIVE
VILLAGE COVENANTS AND AGREEMENTS
5.1 Village's Obli atg ions. The Village shall have the specific obligations set forth
in this Article Five in connection with the Project,as well as such other obligations as set forth
elsewhere in this Agreement or as otherwise required by law.
5.2 Final En ineering Plans Approval and Building Permit Issuance.
A. Upon submittal by Developer of Final engineering Plans for any part of
the Project, (which is acknowledged will be conducted in multiple phases with the first to be
the Retail Car Dealer), the Village shall cause its Village Engineer to review such plans for
each portion of the Retail Project and for the Residential Project as approval is
sought for each, and cooperate and coordinate with all applicable public agencies, if
needed. Provided that the Final Engineering Plans prepared and submitted to the Village
by the Developers conform substantially to the Planned Unit Development Special Use
Ordinance and Village Codes as varied or modified by the Special Use ordinance, the
Village shall cause its Village Engineer to promptly, but in no event later than 30 days
after the date of submission by the Developers,review and, if the Final Engineering Plans
comply with Village Codes as the same have been varied or modified bythe Final PUD
Plan, approve the Final Engineering Plans. If the Village Engineer believes that the Final
Engineering Plans regarding the partion of the Project then under review, do not conform
substantially in the manner required in this Section or in accordance with all applicable
codes, laws and/or regulations,he shall promptly notify the Developers of any deficiency,
and the Developers shall have the opportunity to resubmit the Final Engineering Plans.
The Village Engineer shall then have the approval requirement set forth in this Section.
B. Upon submittal by Developers of the required application and
information necessary for issuance of building permits for construction of the various
components of the Project each of which may be pursued as separate submittals by
Developer, the Village shall issue building permits in the manner required by applicable
Village Code or ordinances so long as said applications conform with the applicable portion
of the Planned Unit Development, the final PUD plan and the final engineering plans.
5.3 Villa�e Funding.
A. Within ninety (90) days of the Funding Conditions being satisfied for the
Primary Developer Note,the Village will use its best efforts to issue the Primary Developer Note
payable exclusively from Available TIF Increment with a total face amount of$9.5 million and
bearing interest at a rate of eight and one-half percent(8.5%)per annum, in a form and substance
as attached hereto as Exhibit F. The Village agrees to pledge Available TIF Increment to pay
the principal of and interest on the Primary Developer Note. The parties acknowledge the
following:
L It is expressly understood that the Village receives 15% of the Village TIF
Funds generated each year and that the Available TIF Increment represents
85% of the Village TIF Funds; and
2. Developer acknowledges that the Primary Developer Note shall not be a
general obligation of the Village and shall only be supported by the
Available TIF Increment, for TIF Eligible Expenses, during the term of the
I
2023 Buffalo Grove Dundee Road TIF District, or 20-years from the
Primary Developer Note issuance date, whichever comes sooner; and
3. The Village shall have the right, but not the obligation, to redeem the
Primary Developer Note, or any portion thereof, at a redemption price of
par plus accrued interest to the redemption date in accordance with Section
5.3 C 4. In no event shall the Village be required to pay any amounts in
excess of the Primary Developer Note and interest accrued thereon at the
time of the redemption of payment to the Primary Developer Note; and
4. Developer agrees to Substantial Completion-Retail Car Dealer, within three
(3) years of issuance and commencement of demolition of the existing
buildings or site improvements of the Project, but in no event later than
December 31, 2027, as may further be defined and detailed in this
Agreement, and
5. The issuance of the Primary Developer Note shall not occur until all
Funding Conditions have been met and the Developer submits to the Village
all the necessary documents, acceptable to the Village in accordance with
the TIF Act, demonstrating that Developer has TIF Eligible Expenses
incurred and paid equal to or greater than the Primary Developer Note and
that the permit has been issued and building construction has begun for the
Retail Car Dealer, and
6. The School and Library Holdback shall remain in the Special Tax
Allocation Fund pursuant to the TIF Act. Following the required annual
payments to the school and library districts, if any, the remaining School
and Library Holdback shall be deemed Available TIF Increment used to
support the payments on the Notes pursuant to paragraph 5.3.C.3. In the
event that the Retail Car Dealer is not in actual operation and not performing
on-site sales/service/deliveries on Lot 1, and the Developer is unable to
lease the space with a similar user, unless otherwise approved by the
Village, within twelve (12) months, the remaining School and Library
Holdback shall not be deemed Available TIF Increment and may be used
by the Village in accordance with the TIF Act in the Redevelopment Plan
area, until such time that the space is occupied with a similar user.
7. Developer acknowledges that the Available TIF Increment shall be the only
source of Village funding to support the Primary Developer Note.
B. Within ninety (90) days of the Funding Conditions being satisfied for the
Subordinate Developer Note, the Village will use its best efforts to issue the Subordinate
Developer Note payable exclusively from Available TIF Increment with a total face amount of
$1.Smillion and bearing interest at a rate of eight and one-half percent (8.5%) per annum, in a
form and substance as attached hereto as Exhibit H. The face amount of the Subordinate
Developer Note is subject to adjustment prior to issuance pursuant to paragraph 5.3.B.6. below.
The Village agrees to pledge Available TIF Increment to pay the principal of and interest on the
Subordinate Developer Note. The parties acknowledge the following:
1. It is expressly understood that the Village receives the first 15% of the
Village TIF Funds generated each year and that the Available TIF Increment
represents 85%the Village TIF Funds; and
2. Developer acknowledges that the Subordinate Developer Note shall not be
a general obligation of the Village and shall only be supported by the
Available TIF Increment, less the principal and interest for the Primary
Developer Note, for TIF Eligible Expenses, during the term of the 2023
Buffalo Grove Dundee Road TIF District, or 20-years from the Subordinate
Developer Note issuance date, whichever comes sooner; and
3. The Village shall have the right, but not the obligation, to redeem the
Subordinate Developer Note, or any portion thereof, at a redemption price
of par plus accrued interest to the redemption date. In no event shall the
Village be required to pay any amounts in excess of the Subordinate
Developer Note and interest accrued thereon at the time of the redemption
of payment to the Primary Developer Note; and
4. Developer agrees to achieve Substantial Completion-Retail Car Dealer,
occupancy by the Retail Car Dealer and issuance of a building permit with
the commencement of vertical construction of the Residential Private
Building as evidenced by completion of the foundations for the Residential
Private Building within four (4) years of commencement of demolition of
all buildings and site improvements of the Project,but in no event later than
December 31, 2028, as may further be defined and detailed in this
Agreement, and
5. The issuance of the Subordinate Developer Note and any funding
obligations of the Village shall not occur until Substantial Completion-
Retail Car Dealer, occupancy by the Retail Car Dealer and issuance of a
building permit with the commencement of vertical construction of the
Residential Private Building as evidenced by completion of the foundations
for the Residential Private Building, and
6. Prior to the Village issuing the Subordinate Developer Note, the Developer
shall provide evidence of its Actual Total Project Costs, which shall consist
of TIF Eligible Expenses, incurred and paid. In the event that Actual Total
Project Costs which were incurred and paid are less than 92.5% of the
estimated total amount of the Estimated Total Project Costs identified in
Exhibit D, the face amount on the Subordinate Developer Note shall be
reduced proportionately by $0.25 for every dollar below 92%, and
7. The issuance of the Subordinate Developer Note and any funding
obligations of the Village for the Subordinate Developer Note shall not
occur until all Funding Conditions have been met and Substantial
Completion-Retail Car Dealer, and
8. The School and Library Holdback shall remain in the Special Tax
Allocation Fund pursuant to the TIF Act. Following the required annual
payments to the school and library districts, if any, the remaining School
and Library Holdback shall be deemed Available TIF Increment used to
support the payments on the Notes pursuant to paragraph 5.3.C.3. In the
event that the Retail Car Dealer is not in actual operation and not performing
on-site sales/service/deliveries on Lot 1, and the Developer is unable to
lease the space with a similar user, unless otherwise approved by the
Village, within twelve (12) months, the remaining School and Library
Holdback shall not be deemed Available TIF Increment and may be used
by the Village in accordance with the TIF Act in the Redevelopment Plan
area, until such time that the space is occupied with a similar user.
9. Developer acknowledges that the Available TIF Increment shall be the only
source of Village funding to support the Subordinate Developer Note.
C. Terms of the Notes. The following provisions relate to the Notes:
1. Each of the Notes shall mature on the date which is the earlier of(i)the date
which is twenty years from the date of issuance of Primary Developer Note
or the Subordinate Developer Note, respectively, or (ii) December 31 st of
the final year of the 2023 Buffalo Grove Dundee Road TIF District.
2. Interest on each of the Notes shall be due on January 1 of each year,
commencing with January 1 of the year following the respective year in
which each of the Primary Developer Note and the Subordinate Developer
Note are issued.
3. The Village shall deposit the Available TIF Increment into Senior Lien
Account and the Subordinate Lien Account. Payments of principal and
interest on the Primary Developer Note shall be paid solely from Available
TIF Increment on hand in the Senior Lien Account, and payments of
principal and interest on the Subordinate Developer Note shall be paid
solely from Available TIF Increment on hand in the Subordinate Lien
Account. The Available TIF Increment shall be apportioned between the
respective subaccounts of the Special Tax Allocation Fund on December 1
of each year in the following order: (i) first, to the Senior Lien Account an
amount equal to the accrued and unpaid interest on the Primary Developer
Note, (ii) second, to the Subordinate Lien Account an amount equal to the
accrued and unpaid interest on the Subordinate Developer Note, (iii) third,
to the Senior Lien Account an amount equal to the current interest to
become due and payable on the Primary Developer Note on January 1 of
the year following the date of such apportionment, (iv) fourth, to the
Subordinate Lien Account an amount equal to the current interest to become
due and payable on the Subordinate Developer Note on January 1 of the
year following the date of such apportionment, (v) fifth, to the Senior Lien
Account, all remaining Available TIF Increment until the amount on hand
in such account is sufficient to pay the remaining principal amount then
outstanding on the Primary Developer Note on such date, and (vi) sixth, to
the Subordinate Lien Account, all remaining Available TIF Increment until
the amount on hand in such account is sufficient to pay the remaining
principal amount then outstanding on the Subordinate Lien Note. On
January 1 of each year, all amounts on deposit in(i)the Senior Lien Account
shall be paid to the holder of the Senior Lien Note first to pay accrued and
unpaid interest due on the Senior Lien Note, second to pay current interest
due on the Senior Lien Note, and third to reduce the principal amount of the
Senior Lien Note then outstanding, and (ii) the Subordinate Lien Account
shall be paid to the holder of the Subordinate Lien Note first to pay accrued
and unpaid interest due on the Subordinate Lien Note, second to pay current
interest due on the Subordinate Lien Note, and third to reduce the principal
amount of the Subordinate Lien Note then outstanding, all in accordance
with the Note Ordinance.
4. The Notes are subject to redemption prior to maturity on any date at a
redemption price of par plus accrued interest to the redemption date.
5. The Village will use its best efforts to issue a Primary Developer Note
and Subordinate Developer Note as tax-exempt notes as described in
Section 9.2 hereof. If for any reason the Primary Developer Note or the
Subordinate Developer Note may not be issued on a basis such that the
interest thereon is excludible from gross income of the owner thereof for
federal income tax purposes, such notes shall be issued such that the
interest thereon is includible in gross income of the owner thereof for
federal income tax purposes.
6. The assignment, pledge, transfer and sale of the Notes is limited as
described in the forms of the Notes set forth in E�ibit F and Exhibit G
hereof. The parties acknowledge that the sole source of repayment of and
security for the Notes is the Available Incremental Taxes. The Developer
and any party to which such Note is transferred or assigned covenants
that neither it, a related party or an affiliate will add any credit support to
such Note, personally guarantee the repayment of such Note or add any
additional source of repayment to the payment of debt service on such Note.
5.4 Connections. To the extent that the Village owns or controls any storm sewers that
are contemplated to be connected to the Property, the Village hereby agrees to permit the
connection of all storm sewer lines existing or constructed in the Property or near the perimeter
of the Property as set forth on the Final Engineering Plans,provided that Developer complies with
all requirements of general applicability promulgated by the Village and/or Metropolitan Water
Reclamation District ("MWRD") for such connections. The Village shall grant and shall use its
best efforts to support and assist the Developer in obtaining from other entities or jurisdictions,
utility easements as may be necessary or appropriate to accommodate the utilities shown on the
Final Engineering Plans and the construction ofthe Project.
5.5 Cooperation with Other Governments and Authorities. The Village agrees to
cooperate with Developer in Developer's attempts to obtain all necessary approvals for the Project
from any governmental or quasi- governmental entity other than the Village, including but not
limited to the Illinois Department of Transportation ("IDOT') and Cook County, Illinois. The
Village shall process and consider to the extent allowable under applicable law, any reasonable
request of Developer for future zoning and planned unit development approvals and for future
relief or variances authorized by the Village's Zoning Ordinance or the Village's Subdivision
Ordinance necessary for the Project.
5.6 Maintenance of the 2023 Buffalo Grove Dundee Road TIF District. The Village
agrees that for so long as either the Primary Developer Note or the Subordinate Developer Note
have a remaining balance that the Village will not take action to shorten the maximum term of
the TIF District as provided for by the TIF Act.
ARTICLE SIX
VILLAGE FUNDING CONDITIONS
6.1 General.
A. Condition Precedent to Village Funding. The Village's obligation to
issue the Developer's Notes as set forth in this Agreement is expressly contingent upon and
subject to the satisfaction of each and all the Funding Conditions set forth in this Agreement.
Developer shall not deliver to the Village Manager any Certification requests unless and until
Developer can certify that all Funding Conditions have been satisfied. Each Mortgagee Party
(defined below) shall have the right, but not the obligation, to take such action as is necessary
to satisfy all or any of the Funding Conditions, provided however in the event that Mortgagee
Party elects not to satisfy the Funding Conditions, then the Notes shall not issue.
B. Interpretation.
1. Fundin� Conditions Requiring Written Confirmation. For purposes of
this Article Six, "written confirmation" shall be deemed to have been provided to the Village
only upon delivery of the same to the office of the Village Manager in the manner set forth
for the delivery of notices in this Agreement.
2. Funding Conditions Requirin�Opportunity to Review. For purposes of
this Article Six, the "opportunity to review" a document in the possession of Developer
shall require Developer making the document available for inspection, at the office of
Developer at their address set forth in this Agreement,by the Village Manager or his designee,
during the regular business hours of Developer occurring within the 14-day period following
the delivery of notice to the Village Manager.
3. Limitation of Notice. Far purposes of this Article Six, the delivery of
notices or written confirmations to the Village shall not require the delivery of a copy as
otherwise required in this Agreement.
6.2 List of Fundin� Conditions. The Funding Conditions are as follows:
1. Developer shall have secured the necessary funding and/or financing and
provided the necessary Retail Completion Guarantee.
2. Developer shall have closed on its acquisition of the Property and
provided the Village with a copy of the recorded deed to the Property evidencing the sale of the
Property to Developer.
3. Developer shall have provided the Village with a written confirmation
from Developer that, there have been no changes in such party's financial condition which
would adversely impact its ability to purchase the Property and complete construction of the
Retail Car Dealer.
4. Developer shall submit the necessary completion guarantee(s) in a form
acceptable to the Village, in the Village's sole discretion and shall comply with the obligations
identified in Article 5 and this entire agreement.
5. Developer shall have executed and provided the Village or its consultant,SB
Friedma��,with an opportunity to review the executed copy of a lease with the Retail Car Dealer
on the Retail Parcel. Said lease with the Retail Car Dealer shall be a minimum 15-year lease
with no early termination provisions (other than(i)typical Landlord/Tenant default termination
provisions, (ii) terminations as a result of material casualty and/or condemnation, (iii)
terminations as a result of failure to obtain governmental approvals and/or(iv)termination rights
that lapse upon Developer's purchase of the Property).
6. Developer shall have obtained from the Illinois Environmental Protection
Agency ("IEPA"), and provided the Village with copies of, the required permit issued by IEPA
necessary to proceed with commencement of construction of the Retail Car Dealer on Lot 1 and
the underground detention.
7. Developer shall have provided the Village with a written confirmation
from Developer that Developer has entered contract(s) for the construction of the On-Site
Improvements related to Lot 1 for the Retail Car Dealer and the underground detention.
8. Developer shall have provided the Village or its consultant SB
Friedman, with an opportunity to review a detailed budget and scope of work for the Proj ect
based upon reasonable estimates for those costs available, recognizing that funding of the
Primary Developer Note will occur prior to completion of the entire Project. The Village
acknowledges that Developer has satisfied this condition.
9. Developer shall have delivered to the Village the original, fully
executed, letter of credit for all public improvements related to Lot 1.
10. That Developer shall provide the Village with the necessary
documents, acceptable to the Village, demonstrating that Developer has TIF Eligible
Expenses incurred and paid in relation to the Project equal to or greater than the Primary
Developer Note, subject to the limitations and conditions of this Agreement.
11. Developer is not in violation of any requirements of the Planned Unit
Development with the understanding that at the time which the Notes are issued, the Developer
need not have completed the entire Project and therefore some of the conditions specified in the
Planned Unit Development need not be completed at the time of issuance for each of the Notes.
12. The Primary Developer Note is not a general obligation of the Village
and is only payable from Available TIF Increment.
13. Upon satisfaction of the Funding Conditions set forth in this Agreement
and that the permit has been issued and building construction has begun for the Retail Car
Dealer, the Village shall issue to the Developer the Primary Developer Note.
In addition to the above referenced Funding Conditions, the following additional Funding
Conditions shall apply solely to the Subordinate Developer Note:
14. The developer for the Residential Project shall have provided the Village
with a written confirmation that they have entered contract(s) for the construction of the
Residential Project, which third party may include an affiliate of said developer and provided
said contracts to the Village for review.
15. The developer for the Residential Proj ect shall have secured the necessary
funding and/or financing far the Residential Project and shall have provide the Village with
reasonable evidence of the same.
16. The developer for the Residential Project shall have provided written
confirmation to the Village that its architects, engineers, and general contractar have consented
to assignments permitting its lender to use such contracts with such parties to cause the
completion of the Residential Project in the event that said developer defaults.
17. The developer for the Residential Project,upon request, shall provide the
Village or its consultant SB Friedman,with an opportunity to review a detailed budget and scope
of work for the Residential Project
18. Upon satisfaction of the Funding Conditions set forth in this Agreement
and Substantial Completion- Retail Car Dealer, the Retail Car Dealer is open for business,
issuance of a building permit for the Residential Private Building, and completion of the
foundation evidencing the commencement of vertical construction of the Residential Private
Building, the Village shall issue to the Developer the Subordinate Developer Note.
ARTICLE SEVEN
USE OF VILLAGE FUNDS
7.1 Use. The Notes to be issued pursuant to this Agreement shall be used to
reimburse Developer for TIF Eligible Expenses that Developer incurred after the date of
the Inducement Resolution.
7.2 Release of Funds from TIF Funding Escrow. The TIF Funding Escrow
shall receive Available TIF Increment from the Village to administer payments as
required by the Notes.
7.3 Submission of Certification Requests. The Village will issue the Notes in
accordance with this Agreement and the Note Ordinance for the reimbursement of TIF
Eligible Expenses. Those Notes will be paid from Available TIF Increment. In order to
comply with the requirements of paragraphs 5.3.A.5, 5.3.B.6 and 6.2.10, demonstrating
Developer has incurred TIF Eligible Expenses, Developer shall submit to the Village written
requests for certification of such TIF Eligible Expenses in the form attached as Exhibit I to
this Agreement ("Certification Reguest"). Developer may not submit more than one
Certification Request bi-annually. Each Certification Request shall be accompanied by: (i)
evidence that the Developer has actually incurred and paid all TIF Eligible Expenses for
which such Developer seeks reimbursement; and(ii) sworn statements and lien waivers from
the Developer's general contractor for any material, fixtures, apparatus, machinery, services,
or labor provided by any contractor, subcontractor, or other person or entity entitled to file a
lien under the Mechanics Lien Act, 770 ILCS 60/1. If the Developer does not fulfill its
obligations as set forth in the preceding sentence,the Village will have no obligation to certify
or reimburse such Developer for TIF Eligible Expenses that have not been separately
identified as required by this Agreement.
1. Review of Certification Requests. The Village Manager will approve
or disapprove each Certification Request, or, if the Village Manager finds an error or
deficiency in the Certification Request, the Village Manager will give written notice to the
Developer, identifying such error or deficiency in reasonable detail, within 45 days after the
date that the Village receives the Certification Request. The process of submission,
identification or errors or deficiencies and resubmission shall continue in good faith until the
Parties agree on the content of the Certification Request. All undisputed amounts or
undisputed portions of disputed amounts shall be paid without delay.
2. Issuance of Certificates of Expenditure. Upon approval of a
Certification Request, the Village Manager shall issue a Certification of Expenditure in an
amount corresponding to the approved Certification Request
ARTICLE EIGHT
DEVELOPER CONSTRUCTION
OBLIGATIONS
The Developer shall have the specific obligations set forth in this Article Eight in
connection with the Project, as well as such obligations as set forth elsewhere in this
Agreement. In the event Developer conveys any part of the Property, which conveyance
shall be subject to Villa�e approval unless otherwise permitted bv this A�reement, the
grantee of such conveyance shall abide by those requirements of the Project pertaining
to the part of the Property they are conveyed and Developer shall have no further
obligation for that part of the Project located upon the conveyed Property and the Village
shall look solely to the new third party for compliance.
8.1 Develo�er Obli at�i�ons.
A. Commencement of Construction. Developer shall commence site
demolition and construction ofthe Retail Project — Retail Car Dealer on Lot 1, within
180 days of execution of this Agreement by the Village and Developer, but no later than
August 31, 2024, provided that the Village shall have issued the necessary building
permits for such construction as provided in this Agreement. Any delay in the issuance of
building permits by the Village shall extend the Commencement of Construction.
B. Completion of Construction.
1. Substantial Completion- Retail Car Dealer shall occur no later than
December 31, 2027 or as otherwise specified in this Agreement.
2. Substantial Completion-Retail Car Dealer, occupancy by the Retail
Car Dealer and issuance of a building permit with the commencement of vertical
construction of the Residential Private Building as evidenced by completion of the
foundation construction shall occur no later than December 31, 2028 or as otherwise
specified in this Agreement.
3. Removal of Partially Constructed Structures and Improvements. If
Developer fails to diligently pursue all demolition and construction as required in, or
permitted by this Agreement to completion within the time period prescribed in the building
permit or permits issued by the Village for such demolition and construction, as the case
may be, and if a perfected application to renew the building permit or permits is not filed
within 30 days after the expiration of the permit or permits, that Developer shall, within 60
days after notice from the Village: (a) remove any partially constructed or partially
completed Buildings, Structures, or Improvements from that part of the Property owned by
such Developer; and (b) perform Site Restoration on that portion of the Property in which
Developer has failed to complete all such demolition and construction, all in accordance
with plans approved by the Village.
4. Removal and Restoration b.��. In the event Developer fails or
refuses to remove any partially completed Buildings, Structures, and Improvements, or to
perform Site Restoration, as required pursuant to this Agreement,the Village will have, and
is hereby granted, the right, at its option,to: (a) demolish and/or remove any of the partially
completed Buildings, Structures, and Improvements from any and all portions of the
Property owned by Developer; (b)perform Site Restoration; and/or(c) cause the Buildings,
Structures, or Improvements to be completed in accordance with the plans submitted. That
the Developer will fully reimburse the Village for all costs and expenses, including legal
and administrative costs, incurred by the Village for such work. The Village shall have the
right to draw from any available securities, guarantees and/or letters of credit, provided the
affected portion of the Property, as described in and provided pursuant to this Agreement,
an amount of money sufficient to defray the entire cost of the work, including legal fees and
administrative expenses. If the forgoing is insufficient or if otherwise unavailable, for that
portion of the Property, then the Village will have the right seek reimbursement from the
Developer and to place a lien on the Property owned by Developer for all such costs and
expenses in the manner provided by law.
5. Remedies Cumulative. The rights and remedies provided in this Section
8.1, are in addition to, and not in limitation of, the Village's rights and remedies otherwise
available in this Agreement, at law, and/or in equity.
C. As-Built Plans.After completion of construction of any new structure,the Developer that owns
such structure shall submit to the Village Director of Community Development final"as-built"
plans: (1) related to drainage, grading, storm sewer, sanitary sewer and water mains, and
associated Structures; and (2) for other final construction documents (in paper and, for
Improvements, electronic format) as required and approved by the Village Directors of Public
Works and Community Development. The as-built plans shall indicate, without limitation,the
amount, in square feet, of impervious surface area on the Property.
D. Dama�e to Public Property. Developer owning the portion of the Property upon which
construction is occurring shall maintain the Property and all streets, sidewalks,and other public
property in and adjacent to the Property in a good and clean condition at all times during the
development of the Property and construction of the Improvements. Further, such Developer
shall: (1) promptly clean all mud, dirt, or debris deposited on any street, sidewalk, or other
public property in or adjacent to the Property by Developer or any agent of or contractor hired
by,or on behalf of, Developers; and(2)repair any damage that may be caused by the activities
of Developer or any agent of or contractor hired by, or on behalf of, Developer.
E. Containment of Airborne Particles Durin� Construction. Developer shall prepare and
submit, for review and approval by the Village Manager, a plan for containing airborne
particles during construction.
F. Initial Process for Determination of Substantial Completion. Developer
shall notify the Village Manager when Developer determines that it has achieved
Substantial Completion of any portion of construction. If the Village Manager agrees that
Substantial Completion has occurred,then the Village Manager shall,within 30 days after
receipt of the notice from Developer, deliver to Developer a Certificate of Substantial
Completion certifying that Developer has satisfied its obligations pursuant to this
Agreement. The date on which such Certificate of Substantial Completion is delivered
shall, for purposes of this Agreement,be the date of Substantial Completion. If the Village
Manager does not agree that Substantial Completion has occurred, then the Village
Manager, may, within 30 days after receipt of the notice from Developer, deliver to
Developer a notice that the parties will engage in the extended process for determination
of Substantial Completion, as set forth in this Agreement.
G. Extended Process far Determination of Substantial Completion. Within 30
days after the Village Manager notifies Developer that the parties will engage in the
extended process for determination of Substantial Completion,the Village and Developer
shall each select and hire, each at its own cost, a professional architect or engineer
(individually, a "Retail Project Architect/Engineer"). Within 30 days after both Project
Architect/Engineers are hired, they shall inspect, and collectively make a determination
with respect to the achievement of Substantial Completion.
(i) In the event that the two Project Architect/Engineers jointly determine that
Substantial Completion has occurred,then Developer shall so notify the Village Manager.
(ii) In the event that the two Project Architect/Engineers jointly determine that
additional work needs to be done to achieve Substantial Completion,then Developer shall
perform such work, and the process described in this Section shall begin again.
(iii) In the event that the two Proj ect Architect/Engineers cannot agree within the
30-day time period, then, within 14 days after the expiration of the 30-day time period,
the Retail Project Architect/Engineers shall jointly select and hire a third architect or
engineer ("Project Third Party Architect/Engineer"). The Third-Party
Architect/Engineer shall inspect the work and make a determination within 30 days after
beinghired. Developer shall perform any additional work deemed necessary by the Third-
Party Architect/Engineer to achieve Substantial Completion. Any additional work
performed by Developer shall be inspected by the Project Third-Party Architect/Engineer
within seven days of completion by Developer. Once the Project Third-Party
Architect/Engineer determines that Substantial Completion has been achieved, it shall
notify the Village and Developer. This determination shall be final and binding on
Developer and the Village for purposes of this Agreement. Developer and the Village
shall share the cost of the third architect or engineer so selected proportionate to the
difference between each party's determination and the final determination of the third
party.
(iv) Within 15 days after the Project Third-Party Architect/Engineer notifies
the Village Manager that Substantial Completion has been satisfied pursuant to this
Agreement, the Village Manager shall deliver to Developer a Certificate of Substantial
Completion certifying that Developer has satisfied its obligations sufficient to warrant
return of the Retail Completion Guaranty. The date on which such Certificate of
Substantial Completion Retail Car Dealer is delivered, shall, for purposes of the return of
the Retail Completion Guaranty, be the date of Substantial Completion-Retail Car Dealer.
ARTICLE NINE
GUARANTY
9.1 Retail Completion Guaranty.
A. Nature and Delivery of the Retail Completion Guaranty. Prior to the
issuance of the Primary Developer Note, Developer shall deliver to the Village Manager
the original, fully executed, Retail Completion Guaranty.
B. Development Improvement Agreement. The Developer shall enter into a
Development Improvement Agreement, in accordance with Exhibit J, subject to Village
approval. The Developer shall provide the necessary securities and guarantees required by the
Development Improvement Agreement for public improvements in accordance with Village
Code.
C. Beneficiary of Retail Completion Guaranty. The sole guarantee and
beneficiary of the Retail Completion Guaranty will be the Village.
_
9.2. Tax-Exempt Nature of Primary Developer Note and Subordinate Developer
Note. The Village agrees to use its best efforts to issue a tax-exempt Primary Developer
Note and Subordinate Developer Note, subject to the final review and approval from the
Village's Bond Counsel and so long as the requirements of the Code and regulations
thereunder are met in order for the interest on the Note to be excludable from the income
of the holders thereof for federal income tax purposes. The Village and the Developer
agree to use its best efforts to ensure that the requirements of the Code and regulations
thereunder are met in order for the interest on the tax-exempt Primary Developer Note
and Subordinate Developer Note to be excludable from the income of the holders thereof
for federal income tax purposes. All costs for the Village's Bond Counsel shall be the
responsibility of the Developer. The parties acknowledge that a change in law or facts
may preclude the issuance of the Primary Developer Note and Subordinate Developer
Note as a tax-exempt obligation. The Parties will work in good faith to provide any
representations, certifications and information requested by Bond Counsel
9.3 Cancellation of Guaranties.
A. The Retail Completion Guaranty shall be cancelled on the date on
which the Village Manager delivers the Certificate of Substantial Completion Retail
Project—Retail Car Dealer required pursuant to this Agreement.
ARTICLE TEN
REAL ESTATE TAX;CHALLENGES
10.1 Real Estate Tax Pavments. Developer intends to pay all applicable real estate
taxes levied during their respective periods of ownership against their respective interests in
the Project on or prior to the date same become due and do not intend that said taxes will
become delinquent. However, to the extent the Developer fails to pay such taxes or fails to
pay in a timely manner, the Parties agree that the only remedies for such failure are those
allowed under State law and this Agreement shall not provide any additional remedies beyond
what is permitted by State law.
10.2 When Bonds are Tax Exempt. When the Village issues the Notes, the
Developer shall reasonably cooperate with the Village to assure that no actions jeopardize the
tax-exempt nature of Notes. In conjunction therewith, at all times prior to and while any Notes
and any tax-exempt obligations financing or refinancing the Eligible Costs are outstanding,
the Village, and Developer will not enter into or remain subject to or be the beneficiary of any
impermissible agreement under Treas. Reg. Section L 141-4(e)(4), including any agreement
that requires Developer not to contest or protest real estate taxes assessed against the Property
or portions thereof, or that prohibits Developer from seeking a deferral of such property taxes.
10.3 Ri�ht to Protest Real Estate Taxes. It is understood and agreed by the Village
and Developer that, , in no event shall Developer (or any tenant of the Retail Project), or its
assignees, have any limitation on their rights to contest, challenge or protest real estate taxes
assessed or imposed against their respective portions of the Property.
10.4 Conve.�. In recognition of the nature of the Project,and to support the Village's
goal of the development of residential establishments and retail establishments of certain types
within the Village and in accordance with the TIF Act, for so long as the TIF District is in
existence, Developer shall not knowingly undertake to convey or lease any portion of the
Property to the following types of entities without the Village's prior written approval, which
may be granted in its sole discretion (i) the Federal government, (ii) organizations described in
Section 115 of the Internal Revenue Code, (iii) other units of State or local government,
(iv) organizations described in Section 501(c) of the Internal Revenue Code, and (iv) entities
seeking to establish a Prohibited Use on the Property.
ARTICLE ELEVEN
DEVELOPER'S COVENANTS AND AGREEMENTS
11.1 Sale of the Retail Parcels Unless otherwise authorized by this Agreement and
subject to the rights and protections of any Mortgagee Party as provided herein,no portion
of the Retail Project or the Retail Parcel, which is inconsistent with the Final PUD Plan, may
be transferred or conveyed, without prior written approval of the Village, as part of an
amendment to the Ordinance 2023-167, and any conveyance in violation of the foregoing
shall be of no force and effect or be binding on the Village. Upon substantial completion of
the part ofthe Retail Project applicable to any part ofthe Retail Parcel,the Village will provide
written acknowledgement indicating that no further approval is needed from the Village for
transfer or conveyance of said Retail Parcel.
A. Sale of the Retail Parcels Upon any Village approved transfer or conveyance
of any Retail Parcel, the transferee or grantee shall be bound by this Agreement with respect
to all obligations of Developer hereunder, including but not limited to the Retail Completion
Guaranty as may be appropriate to such transferee. By acceptance of such transfer or
conveyance of the Retail Parcel, such transferee or grantee shall be deemed to have assumed
and agrees to perform all obligations of Developer relating to such Retail Project hereunder,
including, without limitation,the Retail Completion Guaranty, if applicable, with the same
force and effect as if such transferee or grantee were the original party hereto as Developer
and thereafter, the Village will look solely to such transferee relieving Developer of any
further obligations hereunder as to the transferred or conveyed portions of the Project.
B. Notwithstanding anything to the contrary contained herein, nothing in this
Agreement shall(i)restrict or otherwise impair the ability of any Mortgagee Party(defined
below) from acquiring ownership of all or a portion of the Property as a result of a
Foreclosure (defined below), (ii) restrict or otherwise impair the ability of any such
Mortgagee Pariy to transfer ownership of all or any portion of the Property to any
transferee following consummation of any such Foreclosure, (iii) following any such
conveyance by a Mortgagee Party, such Mortgagee Party shall be relieved of any and all
obligations under this Agreement, (iv) no Mortgagee Party shall have any obligations of
Developer hereunder unless such Mortgagee Party expressly assumes the Developer's
obligations in writing, and (v) except for the rights, benefits and/or protections granted under
Article 11 and/or Article 17 hereof, a Mortgagee Party who has not assumed the Developer's
obligations under this Agreement shall not be entitled to the rights and benefits afforded to the
Developer hereunder.
11.2 Compliance with Applicable Laws. Developer warrants with respect to its own
actions that it shall at all times acquire, install, construct, operate and maintain the Project in
conformance with all applicable federal, state, and local laws, rules, ordinances, and
regulations affecting the Project. The Village shall not enact any law, ordinance, rule, or
regulation (or amendment thereto) which would have the effect of increasing Developer's
obligations hereunder, including an increase in the cost of the Project, unless said law,
ordinance,rule,or regulation is one ofgeneral applicability to similar properties in the Village
nor will the Village enact any law,ordinance,rule,or regulation(or amendment thereto)which
would have the effect of limiting the Available Tax Increment pledged to payment of the
Primary Developer Note or the Subordinate Developer Note.
113 Pro reg ss Reports and Meetings. Developer shall provide update reports on the
progress of each portion of the Project and shall meet with and make presentations to the
Corporate Authorities and Village staffas reasonably requested by the Village Manager or his
designee in order to keep the Village apprised of the progress of the Project. The Developer
reports relating to the Retail Project shall be made monthly until Substantial Completion —
Retail Car Dealer, and the reports relating to the Residential Project and Retail Project —
Retail Lot 2, quarterly thereafter. The obligations set forth in this Section shall terminate
with respect to Retail Project upon the issuance of the final certificate of occupancy for
construction on Lot 2.
11.4 Developer Existence. Developer and its assignees will do or cause to be done all
thingsnecessary to preserve and keep in full force and effect its existence and standing as a
Illinois Limited Liability Company authorized to do business in Illinois, so long as
Developer maintains an interest in the Retail Parcel or has any other remaining obligations
pursuant to the terms of this Agreement.
ll.5 Open Book Project. The Project shall be an "open book" project meaning that
Developer, or its assignees, and its general contractors will assure continuing access to the
Village's agents for the purpose of reviewing and auditing their respective books and records
relating to any item for which TIF reimbursement is sought.
11.5 Reputable Contractors. Developer shall exercise prudence and good faith
in attempting to contract with persons or entities who are reputable and experienced in
their respective areas for the provision of services or material for the design and
construction of the Project at costs not in excess of market rates. The obligations shall
terminate with respect to Developer for the Retail Project upon the issuance of the
certificate of occupancy for the last Retail Private Building on the Retail Parcel. The
obligations shall terminate with respect to Developer as to the Residential Project upon the
issuance of a final certificate of occupancy for all of the residential units within the
Residential Private Building.
11.6 Desi�nation of General Contractors. The Village agrees that Developer
may designate in its respective discretion the general contractor (or general contractors)
for the Project or any portion thereof. The general contractor (or general contractors),
designated by Developer shall be experienced and reputable. The obligations set forth in
this Section shall terminate with respect to Developer as to the Retail Project upon the
issuance of the certificate of occupancy for the last Retail Private Building on the Retail
Parcel. The obligations set forth in this Section shall terminate with respect to Developer
as to the Residential Project upon the issuance of a final certificate of occupancy for all
of the residential units within the Residential Private Building.
11.7 Development Si na�e for the Pr�ertv. Developer shall have the right to
install "Coming Soon" signage on the Property. Said signage shall be designed, located,
and installed in a manner reasonably acceptable to the Village and in conformance with
the Village sign code.
11.8 Redevelopment Project Area. The Project will be located entirely
within the Property. Notwithstanding the foregoing, all road and public utiliry
improvements required for the Project that are located within the adjacent public
rights-of-way are deemed to be within the Redevelopment Project Area.
ARTICLE TWELVE
REPRESENTATIONS AND WARRANTIES OF DEVELOPER
12.1 To induce the Village to execute this Agreement and perform the
obligations of the Village herein, Developer represents, warrants, and agrees as the
basis for the undertakings on its part herein contained that as of the date that
Developer executesthis Agreement and until the date of Substantial Completion,
the following are true and correct:
A. Or�anization and Authorization. Developer is a duly organized and existing
limited liability company in good standing under the laws of the State of Illinois and is
authorized to and has the power to enter into, and by proper action has been duly authorized
to do business in the State of Illinois and to execute, deliver and perform this Agreement.
Developer is solvent, able to pay its debts as they mature and, with Developer Affiliate, is
financially able to perform all the terms of this Agreement required of Developer which it
does not intend to assign to a third-pariy through sale of part of the Property. There are no
actions at law or similar proceedings which are pending orthreatened against Developer which
would materially and adversely affect the ability of Developer to proceed with the
construction and development of this project. The execution, delivery, and performance by
Developer of this Agreement does not constitute or will not,upon the giving of notice or lapse
of time, or both, constitute a breach or default under any other agreement to which Developer
is a party or may be bound hereunder.
B. Non-Conflict or Breach. Neither the execution or delivery of this Agreement
by Developer, the consummation of the transactions contemplated hereby by Developer, nor
the fulfillment of, or compliance with, the terms and conditions of this Agreement by
Developer conflict with or results in a breach of any of the terms, conditions or provisions of
any offerings or disclosure statement made or to be made on behalf of Developer or any
organizational documents,any restriction,agreement or instrument to which Developer or any
of its partners or joint venturers is now a party or by which Developer or any of its partners or
joint venturers is bound, or constitutes a default under any of the foregoing, or results in the
creation or imposition of any prohibited lien, charge or encumbrance whatsoever upon any of
the assets or rights of Developer, any related party or any of its joint venturers under the terms
of any instrument or agreement to which Developer, any related party or any of its partners or
joint venturers is now a party or by which Developer any related party or any ofits joint
venturers is bound.
C. Financial Resources. Developer, and any of its affiliates or third parties to
which portions of the Property are conveyed, have, or will have at the time of assignment,
sufficient financial and economic resources to implement and complete the portion of the
Project contemplated by this Agreement to be completed upon the portion of the Property
they own or are conveyed.
D. Survival of Representations and Warranties. Developer or its applicable
assign(s) (if any) agrees that all of itsrepresentations and warranties set forth in this Article
are true as of the execution date of this Agreement and shall remain true until the date of
Substantial Completion of the Project.
ARTICLE THIRTEEN
REPRESENTATIONS AND WARRANTIES OF THE VILLAGE
The Village represents, warrants, and agrees as the basis for the undertakings
on its part herein contained that:
13.1 Organization and Authorit_v. The Village is a municipal corporation duly
organized and validly existing under the law of the State of Illinois, is a home rule unit
of government, and has all requisite corporate power and authority to enter into this
Agreement.
13.2 Authorization. The execution, delivery and the performance of this
Agreement andthe consummation by the Village of the transactions provided for herein
and the compliance withthe provisions of this Agreement: (i) have been duly authorized
by all necessary corporate action on the part of the Village including, but not limited to
the proper formation of the TIF;(ii)require no other consents, approvals or authorizations
on the part of the Village in connection with the Village's execution and delivery of this
Agreement; and (iii) shall not, by lapse of time, giving of notice, or otherwise, result
in any breach of any term, condition or provision of any indenture, agreement or other
instrument to which the Village is subject.
13.3 Liti ag tion. To the best of the Village's knowledge, there are no
proceedings pending against or affecting the Village, the TIF District, the Property, the
Retail Project, or the Residential Project in any court or before any governmental
authority which involves the possibility of materially or adversely affecting the ability of the
Village to perform its obligations under this Agreement.
13.4 Establishment of New Tax Code: The Village will request that Cook County
cause the Property, which his located within the 2023 Buffalo Grove Dundee Road TIF
District, to be segregated into a new tax code and for that separate tax code to be maintained
until after the Notes are issued and fully redeemed. The Parties acknowledge that the Village
has made such a request pursuant to Cook County pursuant to the Village's letter dated
November 9, 2023.
13.5 Survival of Representations and Warranties. The Village agrees that all of
its representations and warranties set forth in this Section and elsewhere in this
Agreement are true as of the execution date of this Agreement and shall remain true at
least until the issuance of the Developer's Notes.
ARTICLE FOURTEEN
LIABILITY AND RISK INSURANCE
14.1. Builder's Risk. Prior to commencement of construction of any portion of
the Project, Developer, at its cost and expense, shall procure and maintain, or cause to be
procured and maintained, builder's risk insurance with a deductible not to exceed
$100,000 against risks of physical loss, including collapse, covering the total value of
work performed and equipment, supplies, and materials furnished for each Retail Private
Buildings and for the Residential Private Building. The insurance policies required
pursuant to this Section shall be maintained in full force and effect for each Retail Private
Buildings and for the Residential Private Building until the date on which a certificate of
occupancy is issued for such building.
14.2. Commercial Liabilitv and Other Policies. Developer, or, if Developer has
selected a contractor, then Developer's contractor, shall maintain for the duration of its
contract, the following insurance purchased from a company or companies lawfully
authorized to do business in the State Illinoisand having a rating of at least A-minus and
a class size of at least VIII as rated by A M. Best Ratings, such insurance as will protect
the contractor from claims set forth below which may arise out of or result from the
contractor's operations under the contract and for which the contractor may be legally
liable, whether such operations be by the contractor or by a subcontractor or by anyone
directly or indirectly employed by any of them, or by anyone for whose acts any of them
may be liable:
(a) Workers' Compensation Insurance covering all liability of the contractor
arising under the Warkers' Compensation Act and Occupational Diseases
Act; limits of liability not less than statutory requirements, but not to
exceed $500,000 per injury or policy.
(b) Employers' Liability covering all liability of contractor as employer, with
limits not less than: $1,000,000 per injury - per occurrence; $500,000 per
disease - per employee; and$1,000,000 per disease- policy limit.
(c) Comprehensive General Liability in a broad form on an occurrence basis,to
include but not be limited to, coverage for the following where exposure
exists; Premises/Operations, Contractual Liability, Products/Completed
Operations for 2 years following final payment, Independent Contractor's
coverage to respond to claims for damages because of bodily injury,
sickness or disease, or death of any person other than the contractor's
employees as well as claims for damages insuredby usual personal injury
liability coverage which are sustained: (i) by a person as a result of an
offense directly or indirectly related to employment of such person by the
contractor; or (ii) by another person and claims for damages, other than to
the work itself, because of injury to or destruction of tangible property,
including loss of use there from; Broad Form Properly Damage
Endorsement.
General Aggregate Limit $5,000,000 for Retail Project
$ 5,000,000 for Residential Project
$ 1,000,000
Each Occurrence Limit
(d) Automobile Liability Insurance shall be maintained to respond to claims
for damages because of bodily injury, death of a person or property damage
arising out of ownership,maintenance,or use of a motor vehicle. This policy
shall be written to cover any auto whether owned, leased, hired, or
borrowed.
Each Occurrence Limit $ 1,000,000
(e) Umbrella Insurance. Developer shall maintain an umbrella policy in the
minimum amount of$5,000,000.00 for the Retail Project. Developer shall
maintain an umbrella policy in the minimum amount of$5,000,000.00 for
the Residential Project.
14.3 Developer agrees that with respect to theabove required insurance that
each will require its contractor to:
(a) Have the commercial general liability policy endorsed for the general
aggregate toapply on a"per Project"basis;
(b) Provide separate endorsements: to name the Village of Buffalo Grove as
additional insured;
(c) Provide thirty(30)days' notice, in writing, of cancellation ar material change.
14.4 The contractor's insurance shall be primary in the event of a claim.
14.5 The Village shall be provided with Certificates of Insurance and endorsements
evidencing the above required insurance priar to issuance of any permits to start earth work
or construction of work, and thereafter with certificates evidencing renewals or replacements
of said policies of insurance at least thirty (30) days prior to the expiration or cancellation of
any such policies. Said Notices and Certificates of Insurance shall be provided to: Village of
Buffalo Grove Building Commissioner, 50 Raupp Blvd., Buffalo Grove 60089. Certificates
of Insurance shall be provided only during the time periods set forth in this Section.
14.6 In addition, a Certificate of Insurance that states the Village has been endorsed
as an "additional insured" by the Contractor's insurance carrier shall be provided to the
Village. Specifically, this Certificate must include the following language: "The Village of
Buffalo Grove and its elected and appointed officials, employees, agents, consultants,
attorneys and representatives, are, and have been endorsed, as an additional insured under the
above reference policy number on a primary and non-contributory basis for general liability
and automobile liability coverage for the duration of the contract term."
14.7 Failure to Complv. In the event Developer fails toobtain or maintain any
insurance coverages required under this Agreement, the Village may, after providing
Developer with notice and an opportunity to cure as provided in this Agreement, purchase
such insurance coverages and charge the expense thereof to the applicable Developer.
Developer shallreimbursethe Village within thirty (30) days after receipt of an invoice for the
coverage, or Developer shall stop allwork on its portion of the Project until said Developer
has complied with the requirements of this Article.
ARTICLE FIFTEEN
DEFAULT AND REMEDIES
15.1 Defaults/Remedies.
A. GeneraL In addition to any and all other remedies set forth in this Agreement, a
breach of this Agreement, or if any of the Parties shall fail to perform or keep any term or
condition required to be performed or kept by such party, such party shall, upon notice from
the other party, proceed to cure or remedy such default or breach within forty-five (45) days
after receipt of such notice from the Village (in the event of any such failure by Developer),
or from Developer(in the event of any suchfailure by the Village); provided,however, that if
such default is incapable of being cured within said forty-five (45) day period and the
defaulting party commences to cure the default within said forty-five (45) day period and
proceeds with due diligence to cure the same,the forty-five(45)dayperiod shall automatically
be extended as reasonably necessary to complete such cure with due diligence but in no event
longer than one hundred twenty (120) days unless otherwise approved by the Village, and
such partyshall not be deemed to be in default under this Agreement ("Default"). In
the event of an occurrence of a Default, the aggrieved parly or parties may institute
such proceedings against thedefaulting party as may be necessary or desirable in its
opinion to cure and remedy such default or breach, including seeking damages and/or
specific performance and/or termination of this Agreement.
B. Additional Events ofDefault for Developer. The following events shall
alsobe deemed a Default against Developer under this Agreement up to and including
the date of issuance of the Final Certificate of Occupancy for the last building to be
constructed in the Retail Project, provided that the Village provides the notice and
opportunity to cure in the manner set forth in this Agreement:
(i) The entry of a decree or order for relief by a court having
jurisdiction in the premises with respect to Developer,
respectively, in an involuntary case under the federal bankruptcy
laws, as now or hereafter constituted, or any other applicable
federal or state bankruptcy, insolvency or other similarlaw, or
appointing a receiver, liquidator, assignee, custodian, trustee,
sequestrator(or similar official), of Developer for any substantial
part of its properiy, or ordering the winding-up or liquidation of
its affairs and the continuance of any such decree or order unstayed
and in effect fora period of sixty (60)consecutive days.
(ii) The commencement by Developer of a voluntary case under the federal
bankruptcy laws, as now or hereafter constituted, or any other
applicable federal or state bankruptcy, insolvency or other similar law,
or the consent by Developer to the appointment of or taking possession
by a receiver, liquidator, assignee, trustee, custodian, sequestrator (or
similar official), ofDeveloper.
152 Le ag 1 Fees. In the event legal action or other proceeding is brought for
enforcement of this Agreement or with respect to an alleged breach, default or
misrepresentation, each Party shall pay its own attorneys' fees and related costs.
153 No Waiver b.�Delay. Any delay by either party in instituting or prosecuting
any actions or proceedings or otherwise asserting its rights under this Agreement shall not
operate to act as a waiver of such rights or to deprive it of or limit such rights in any way (it
being the intent of this provision that neither party should be deprived of or limited in the
exercise of the remedies provided in this Agreement because of concepts of waiver, laches or
otherwise);nor shall any waiver in fact made with respect to any specific Default be considered
or treated as a waiver ofthe rights by the waiving party of any future Default hereunder, except
to the extent specifically waived in writing. No waiver made with respect to the performance,
nor the manner or time thereof, of any obligation or any condition under the Agreement shall
be considered a waiver of any rights except if expressly waived in writing.
15.4 Rights and Remedies Cumulative. The rights and remedies of the Parties to this
Agreement, whether provided by law or equity or by this Agreement,shall be cumulative,and
the exercise of any one or more of such remedies shall not preclude or limit the exercise by
such Party, at that time or different times, of any other such remedies for the same Default or
otherwise.
ARTICLE SIXTEEN
EQUAL EMPLOYMENT OPPORTUNITY AND PREVAILING
WAGE
16.1 No Discrimination. Developer will not discriminate against any employee or
applicant for employment on the basis of race, color, religion, sex or national origin. To the
fullest extent permitted by law,Developer will take affirmative action to ensure that applicants
are employed and treated during employment,without regard to their race, color, religion, sex
or national origin. Such action shall include,but not be limited to,the following: employment,
upgrading, demotion,transfer, recruitment, recruitment advertising, layoff, termination, rate
of pay or other forms of compensation and selection for training, including apprenticeship.
Developer agrees to post in conspicuous places, available to employees and applicants for
employment, notices setting forth the provisions of this nondiscrimination clause.
16.2 Advertisements. Developer will, in all solicitations or advertisements for
employees placed by or on behalf of Developer, state that all qualified applicants will receive
consideration for employment without regard to race, color, religion, sex or national origin.
16.3 Contractors. Any contracts made Developer with its general contractor in
connection with the Project, shall contain language similar to that recited in this Sections
above.
16.4 Prevailing Wa�e Act. Developer agrees to comply with the applicable
provisions, if any, ofthe Illinois State law providing for the payment ofthe prevailing rate of
wagewith respect to work on any portion of the Project that is required under the Prevailing
Wage Act to be paid the prevailing rate of wage.
ARTICLE SEVENTEEN
MISCELLANEOUS PROVISIONS
17.1 Notices. All notices, certificates, approvals, consents or other communications
desired or required to be given hereunder shall be given in writing at the addresses set forth
below by the following means: (a) personal service; (b) overnight courier; or (c) registered or
certified first-class mail, postage prepaid, return receipt requested.
If to Village:
Village of Buffalo Grove
50 Raupp Blvd.
Buffalo Grove, IL 60089
ATTN: Village Manager
Email: dbrag�(a�v, bg.org
With a copy to:
Schain Banks
70 W. Madison Street, Suite 5400
Chicago, IL 60602
ATTN: Patrick T. Brankin
Email: pbrankin(a�schainbanks.com
If to Developer:
Shorewood Development Group
860 N. Milwaukee Ave., Suite 100
Buffalo Grove, IL 60089
ATTN: Louis Schriber, III, President
EmaiL• Louis(�a,ShorewoodDevelopmentGroup.com
With a copy to:
Shorewood Development Group
860 N. Milwaukee Ave., Suite 100
Buffalo Grove, IL 60089
ATTN: T. Ryan Fitzgerald
Email: R�(a�ShorewoodDevelopmentGroup.com
The Parties, by notice hereunder, may designate any further or different addresses to
which subsequent notices, certificates, approvals, consents, or other communications
shall be sent. Any notice, demand or request sent pursuant to clause(a) hereof shall be
deemed receivedupon such personal service. Any notice, demand or requestsent pursuant
to cause (b) shall be deemed received on the business day immediately following deposit
with the overnight courier, and any notices, demands or requests sent pursuant to clause
(c) shall be deemed received forty-eight (48) hours following deposit in the mail. In all
instances, any notice sent pursuant to clause (a), (b) or (c) will also require that a copy of
such notice shall be sent by e-mail to the Email referenced in this Section 17.1.
17.2 Time of the Essence. Time is of the essence of this Agreement.
173 Counterparts. This Agreement may be executed in several counterparts,
each of which shall be an original and all of which shall constitute but one and the same
Agreement.
17.4 Recordation of Agreement. The Parties agree to record this Agreement in
the office of the Cook County Recorder of Deeds, and that this agreement shall run with
the land and shall be binding on all successors, assigns and future owners, but subject to
the rights and protections of any Mortgagee Party as provided herein. Upon request, the
Village will record a release of any Developer obligations applicable to any particular lot
in the Final Subdivision Plat upon the issuance of a certificate of occupancy for the
building constructed upon said lot upon substantial completion of said building and
portion of the Project applicable to said lot.
17.5 Severabilitv. If any provision of this Agreement, or any section, sentence,
clause,phrase or word,or the application thereof,in any circumstance, is held to be invalid,
the remainder of this Agreement shall be construed as if such invalid part were never
included herein, and this Agreement shall be and remain valid and enforceable to the
fullest extent permitted by law.
17.6 Choice of Law. This Agreement shall be governed by and construed in
accordancewith the laws of the State of Illinois.
17.7 Entire Contract: Inte�ration. This Agreement (together with the exhibits
attached hereto) is the entire contract between the Village and Developer relating to the
subject matter hereof, supersedes all prior and contemporaneous negotiations,
understandings, and agreements, written or oral, including but not limited to the
Memorandum of Understanding, and is a full integration of the agreement of the Parties.
17.8. Amendments. This Agreement may not be modified or amended except by
a written instrument executed by the parties hereto.
179 Third Parties. Nothing in this Agreement, whether expressed or implied, is
intended to confer any rights or remedies under or by reason of this Agreement on any
other persons other than the Village and Developer. This Agreement is not intended to,
and does not, create any third-party beneficiary rights whatsoever.
17.10 Waiver. Any party to this Agreement may elect to waive any right or
remedy it may enjoy hereunder, provided that no such waiver shall be deemed to exist
unless such waiver is in writing. No such waiver shall obligate the waiver of any other
right or remedy hereunder, or shall be deemed to constitute a waiver of other rights and
remedies provided pursuant to this Agreement.
17.11 Cooperation and Further Assurances. The Village and Developer each
covenants and agrees that each will do, execute, acknowledge and deliver or cause to be
done, executed and delivered, such agreements, instruments and documents supplemental
hereto and such further acts, instruments, pledges and transfers as may be reasonably
required for the better clarifying, assuring,mortgaging, conveying,transferring,pledging,
assigning and confirming unto the Village or Developer or other appropriate persons, all
and singular, the rights, properly and revenues covenanted, agreed, conveyed, assigned,
transferred and pledged under or in respect of this Agreement.
17.12 Nature, Survival, and Transfer of Obligations.
A. Developer. Developer may assign the rights and obligations of this
Agreement pertaining to the Retail Project or parts thereof(before or after completion of
construction), to a Developer Affiliate without further Village approval, who will then
assume all obligations of Developer as to the assigned project, subject to this Agreement
which shall include assignee agreeing to comply with the PUD Ordinance and this
Agreement relieving Developer of any further obligations relating to such assigned
portions, but not altering Developer's reimbursement rights under the Primary Developer
Note or the Subordinate Developer Note. Any other assignment of the rights conferred
by this Agreement to Developer shall require Village approval, which shall not be
unreasonably withheld. So long as an assignment has been completed between Developer
and Developer Affiliate, the obligations of Developer will be deemed to have been
performed by Developer if done so by a Developer Affiliate.
B. Developer Affiliate. "Developer Affiliate" shall mean, with respect to any
Person,
(a) any other Person which directly or indirectly through one or more
intermediaries controls, is controlled by,or is under common control with,(i)
such Person or(ii)any general partner, manager or managing member of such
Person; (b) any other Person 50% or more of the equity interest of which is
held beneficially or of record by (i) such person or (ii) any general partner,
manager or managing member of such Person, or (c) any general partner,
limited partner or member of (i) such Person or (ii) any general partner or
managing member of such Person. As used in the previous sentence, "control"
means the possession, directly or indirectly, of the power to cause thedirection
of the management of a Person,whether through voting securities,by contract,
family relationship or otherwise. For clarity, the Village agrees that SDG
Dundee Development LLC, an Illinois limited liability company and SDG
Dundee LLC, an Illinois limited liability company are deemed to be a
"Developer Affiliate" to each other.
C. Binding Effect. All obligations assumed by Developer under this Agreement
shall be binding upon that Developer, and upon any and all of that Developer's heirs,
successors, and assigns as approved by the Village, as set forth herein.
D. Excluded Assi�nments. This Agreement does not prohibit, nar require the
Village's consent to, the collateral assignment of this Agreement to any Mortgagee Party
(defined below). If any Mortgagee Party shall succeed to Developer's interest in the Property
pursuant to the exercise of remedies under a mortgage or joint venture agreement, whether by
foreclosure or deed in lieu of foreclosure, and in conjunction therewith accepts an assignment
of Developer's interest in this Agreement,the Village hereby agrees to attorn to and recognize
such party as the successor in interest to Developer for all purposes under this Agreement so
long as such parly accepts all of the obligations and liabilities of Developer hereunder and
under the this Agreement and final PUD plan; provided, however, that:
a. If such party accepts an assignment of Developer's interest under this
Agreement, then such party has no liability under this Agreement for any Event
of Default of Developer which accrued prior to the time such party succeeded to
the interest of Developer under this Agreement (a "Pre-Existing Default"),
in which case Developer shall remain solely responsible; but
b. No party who has succeeded to the interest of Developer under this Agreement
shall have any right to any permit or approval from the Village to the extent that
a Pre-Existing Default has resulted in noncompliance under the PUD or this
Agreement unless and until such noncompliance with the PUD ar this
Agreement has been corrected.
If any mortgagee does not expressly accept an assignment developers' interest hereunder,
thensuch party shall be entitled to no rights and benefits under this Agreement.
E. The Villa�e. Notwithstanding anything herein to the contrary, the Village
may not delegate its obligation hereunder or except as provided herein without the express
written approval of Developer.
17.13 Mortga eg e Rights. Notwithstanding the foregoing or anything to the contrary
contained herein or in any of the Redevelopment Documents (defined below), the parties
hereto agree as follows:
A. Developer shall have the right to collaterally assign its rights and interests under
this Agreement and any and all instruments,agreements and documents relating to this Agreement
and/or the Property or Improvements (this Agreement, the Notes and the foregoing instruments,
agreements and documents, each as amended or restated from time to time, are collectively
referred to as the "Redevelopment Documents") to any Person who hold a first mortgage lien
against all or any portion of the Property (such Person, together with (i) its successors and/or
assigns, (ii) any receiver appointed at the request of such Person and (iii) any transferee who
acquires ownership of any portion of the Property from such Person or from such receiver, is
referred to as a"Mortgagee Parry"). "Foreclosure" shall mean and include a foreclosure of any
mortgage by any Mortgagee Party (or its assignees or designees) by judicial action or any
acquisition of the Property pursuant to a deed in lieu of foreclosure.
B. Developer's granting of a mortgage and related liens to Mortgagee Party and any
transfer of title of the Property to Mortgagee Party pursuant to a Foreclosure shall not constitute
a violation of any provision of the Redevelopment Documents. In connection with or following a
Foreclosure, (i) the Village shall not be required to further consent to or approve any proposed
assignment and assumption by Mortgagee Party of rights or obligations under the Redevelopment
Documents, (ii) the Village shall not unreasonably withhold or delay its approval of any
reasonable extensions of time periods up to one hundred twenty (120) days for performance set
forth in the Redevelopment Documents.
C. In the event of a default by Developer under any of the Redevelopment Documents,the
Village (i) shall give a written notice of such default to the Mortgagee Party of record; (ii) such
Mortgagee Party shall have the right (but not the obligation) to cure such default within ninety
(90)days after the expiration of Developer's applicable cure period; and(iii) if such default is not
susceptible of cure within said ninety (90) day period, then Mortgagee Party shall have the right
(but not the obligation) to commence to cure such default within one hundred twenty (120) days
of Mortgagee Party's receipt of the notice of the applicable default and such period shall be
extended thereafter for so long as Mortgagee Pariy diligently prosecutes the cure thereof
(including such period of time as is necessary for Mortgagee Party to obtain appointment of a
receiver for the Property and/or obtain ownership thereof by Foreclosure), but not longer than
additional ninety (90) days beyond the previously referenced one hundred twenty (120) days,
unless otherwise agreed to by the Village and Mortgagee.
D. The initial Mortgagee Party shall be Associated Bank,National Association. All notices
to such initial Mortgagee Party shall be given to the following address (or any other address of
which such Mortgagee Party has notified the Village in writing) by certified mail or a nationally
recognized commercial courier (such as Federal Express), in each case, with proof of delivery
requested:
Associated Bank,National Association
525 W. Monroe Street, 24'h Floor
Chicago, Illinois 60661
Attention: Daniel P. Barrins
E. Prior to a Mortgagee Party delivering writing notice to the Village that such Mortgagee
Party is assuming the rights and obligations of Developer under the Redevelopment Documents,
no Mortgagee Party shall be liable for any costs, expenses, liabilities or obligations arising under
the Redevelopment Documents.
F. If Associated Bank,National Association(or a successor Mortgagee Party)is the owner
of any portion of Property at the time the Funding Conditions are satisfied, then (i) each Note
shall be issued to and made payable to Associated Bank, National Association (or any appliable
successor Mortgagee Party), (ii)all funds on deposit in the TIF Funding Escrow which are payable
on account of any Note shall be held therein for the benefit of Associated Bank, National
Association (or any appliable successor Mortgagee Party), (iii) Associated Bank, National
Association (or any appliable successor Mortgagee Party) shall have the right to sell and/or
otherwise transfer its rights under any such Note, in accordance with the terms of the Notes and
the Note Ordinance.
G. The proceeds of any builder's risk insurance maintained by Developer shall be applied
and administered pursuant to and in accardance with the provisions of the loan documents
between Mortgagee Party and Developer(and/or its affiliates).
17.14 No Joint Venture, A�ency or Partnership Created. Nothing in this
Agreement, or any actions of the Parties to this Agreement, shall be construed by the
Parties or any third person to create the relationship of a partnership, agency, or joint
venture between or among such parties.
17.15 Repealer. To the extent that any ordinance, resolution, rule, order, or
provision of the Village's code of ordinances, or any part thereof, is in conflict with the
provisions of this Agreement, the provisions of this Agreement shall be controlling, to
the extent lawful. Notwithstanding the foregoing, in the event of a conflict between this
Agreement and the PUD, the more restrictive shall apply.
17.16 Term. Except as provided in this Section or as specified in other Sections
of this Agreement, the Parties understand and acknowledge that payment obligations of the
Village to the Developer shall not be longer than the maturity date of the Notes,as established
pursuant to Section 5.3(c)(1) hereof, or the date on which the Notes have been paid in full,
whichever comes sooner, unless the Project is abandoned or otherwise terminated. The
Village agrees not to terminate the TIF early without payment in full of its obligations to
Developer pursuant to this Agreement. Notwithstanding any provision in this Agreement to
the contrary, in the event Developer and/or Developer Affiliate does not close on the
acquisition of the Property prior to March 1, 2024 then this Agreement shall be null and void
and of no force and effect without any further action of the Parties necessary. The date for
completing the acquisition of the Property may be extended for an additional3-month or June
1, 2024 in writing by the Village Manager. Proof of acquisition of the Property shall be
provided by the Developer.
17.17 Estoppel Certificates. Each of the parties hereto agrees to provide the other,
upon not less than fifteen (15) days prior request, an estoppel certificate certifying that
this Agreement is in full force and effect(unless such is not the case, in which such parties
shall specify the basisfor such claim), that the requesting party is not in default of any
term, provision ar condition of this Agreement beyond any applicable notice and cure
provision (or specifying each such claimed default), and certifying such other matters
reasonably requested by the requesting party.
17.17 Drafter Bias. The Parties acknowledge and agree that the terms of this
Agreement are the result of on-going and extensive negotiations between the Parties, all
of which are represented by independent counsel and that this Agreement is a compilation
of said negotiations. As a result, in the event that a court is asked to interpret any portion
of this agreement, none of its parties shall be deemed the drafter hereof and none shall be
given the benefit of such presumption that may be set out by law.
]7.1 S Redevelopment Agreement. In the event that litigation is commenced
against the Village challenging the terms, conditions, or approvals contemplated by or
set forth in, this Agreement, including but not limited to zoning or other entitlements,
the Village and Developers agree to mutually defend such litigation, including the hiring
of attorneys and consultants as deemed necessary and prudent and the splitting of the cost
of such attorneys and consultants.
ARTICLE EIGHTEEN
REIMBURSEMENT OF PROFESSIONAL FEES
Up to a maximum $70,000 Developer shall reimburse Village for all professional fees
incurred far the negotiation and preparation of this Agreement including but not limited to attorney's
and consultant's fees, exclusive of Bond Counsel Costs for issuing the Developer Notes.
ARTICLE NINETEEN
EFFECTIVENESS
Developer shall execute this Agreement not later than 30 days after the Corporate
Authorities' authorization of execution of this Agreement or else this Agreement will be
deemed void.
SIGNATURES ON NEXT PAGE
IN WITNESS WHEREOF the Parties hereto have caused this Agreement to be
executedon or as of the day and year first above written.
VILLAGE OF BUFFALO GROVE
By:
Name: �1'►C �1. S�,,,,; }-�'
Title: V ► ��Gl�e }��''eSider�.�"
�
SDG Dundee Development, LLC
By: �L
Name: ��u�s �l ��_�_,,,
� � �
Title: �"�r�� '� ��� �c
Exhibits
Ea�hibit A - Legal Description of Property
Exhibit B — Site Plan
Exhibit C—Retail Completion Guaranty
Exhibit D—Estimated Total Project Costs and Projected Eligible Expenses
Exhibit E—TIF Funding Escrow
Exhibit F—Primary Developer Note
Exhibit G—Intentionally omitted
Exhibit H— Subordinate Developer Note
E�ibit I—Certification Request—Redevelopment Project Costs
E�ibit J - Development Improvement Agreement
Exhibit K—Funding Certification
Exhibit L—Certificate of Substantial Completion
EXHIBIT A
Map
� Dundee Rd �
- , N
L
m
�-��.� = e v _�
�
�
� 9:5
.........' C �
V
935 �S �
a al5 z ..
'� �
� ^
1_.J i_�.. Z .
� . .
i
9s5 � + P
---- a
�er Dr __ _
x
P
__-��
� �C_
„ 3
A6
�i
9s1 454� a;5... .4t"
� ' '1 ... �._
Oid Arlington Ct c M p y�
< <, e
a _ ... ,� .., ' �m ,
Address
915-945 Dundee Road, Buffalo Grove, IL
Le�al Description
PARCEL 1:
LOT 1 IN THE RESUBDIVISION RECORDED JANUARY 3l, ]980 AS DOCUMENT
25344703, BEING A RESUBDIVISION OF LOT 1 IN GRAND SPAULDING DODGE
SUBDIVISION RECORDED DECEMBER 17, 1976 AS DOCUMENT 23752075, BEING A
SUBDIVISION OF PART OF THE WEST l/2 OF SECTION 8, TOWNSHIP 42 NORTH,
RANGE 1 l EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS.
PARCEL 2:
LOT 1 IN CHRYSLER REALTY SUBDNISION, A RESUBDNISION OF PART OF AN
iJNNUMBERED LOT IN GRAND SPAULDING DODGE SUBDNISION, RECORDED MAY
25, 1988 AS DOCUMENT NUMBER 88224282, IN THE WEST 1/2 OF SECTION 8,
TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN THE
VILLAGE OF BUFFALO GROVE, IN COOK COUNTY, ILLINOIS.
PARCEL 3:
LOT 2 IN THE RESUBDIVISION RECORDED JANUARY 31, 1980 AS DOCUMENT
25344703, BEING A RESUBDNISION OF LOT 1 IN GRAND SPAULDING DODGE
SUBDIVISION, RECORDED DECEMBER 17, 1976 AS DOCUMENT 23752075, BEING A
SUBDNISION OF PART OF THE WEST l/2 OF SECTION 8, TOWNSHIP 42 NORTH,
RANGE 1 l, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COLINTY, ILLINOIS.
PARCEL 4:
THAT PART OF THE WEST 1/2 OF SECTION 8, TOWNSHIP 42 NORTH, RANGE 1 l, EAST
OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS:
BEGINNING AT A ONE INCH OUTSIDE DIAMETER IRON PIPE MARKING THE
NORTHEAST CORNER OF LOT 1 IN CHRYSLER REALTY SUBDNISION, A
SUBDNISION RECORDED MAY 25, 1988 AS DOCUMENT NUMBER 88224282; THENCE
SOUTHWESTERLY, WESTERLY AND NORTHWESTERLY ALONG THE NORTH LINE
OF SAID LOT 1 AS MONUMENTED, BEING A CURVE CONCAVE NORTHERLY,
HAVING A RADIUS OF 430.00 FEET, A CHORD BEARING OF NORTH 84 DEGREES 55
MINUTES 06 SECONDS WEST, A CHORD LENGTH OF 429.89 FEET, AN ARC LENGTH
OF 450.17 FEET TO THE NORTHWEST CORNER OF SAID LOT l, SAID NORTHWEST
CORNER BEING ON THE EASTERLY LINE OF OLD ARLINGTON HEIGHTS ROAD AS
DEDICATED BY DOCUMENT 21043975; THENCE NORTH 02 DEGREES 44 MINUTES 55
SECONDS EAST ALONG SAID EASTERLY LINE, 507.47 FEET TO THE SOUTH LINE OF
EAST DUNDEE ROAD AS DEDICATED BY DOCUMENT 21043975; THENCE SOUTH 89
DEGREES 36 MINUTES 43 SECONDS EAST ALONG SAID SOUTH LINE, 402.65 FEET TO
THE NORTHWEST CORNER OF LOT 1 IN THE RESUBDIVISION OF LOT 1 IN GRAND-
SPAULDING DODGE, ACCORDING TO SA[D PLAT OF RESUBDIVISION RECORDED
JANUARY 31, 1980 AS DOCUMENT 25344703; THENCE SOUTH 00 DEGREES 07
MINUTES 47 SECONDS EAST, ALONG THE WEST LINE OF SAID LOT l, A DISTANCE
OF 542.24 FEET TO THE POINT OF BEGINNING; IN COOK COUNTY, ILLINOIS.
PINS: 03-08-101-020, 03-OS-101-021, 03-08-101-025, & 03-08-101-028
2
__ __
EXHIBIT B
Plan Set '
� shorewood
PROPOSED BISON CROSSING BUFFALO GROVE DEVELOPMENT
Shorewood Development Group is developing the proposed Lot 1 (+/-5.611 acres)with a+/-50,354
square foot Tesla occupied Sales,Service and Delivery Center(SSD). Every Tesla is delivered and
serviced through one of these SSD Centers. This state-of-the-art facility will provide full sales,service
and charging capabilities at this location. The expanded parking lot will make this a regional destination.
Lot 2 (+/-4.891 acres) is planned to be re-subdivided into two parcels upon final determination of end
users.
Lot 3 (+/-5.688 acres) is for residential use.
�
�
� shorewood
PROPOSED BISON CROSSING BUFFALO GROVE DEVELOPMENT
Shorewood Development Group is developing the proposed Lot 1 (+/-5.611 acres)with a+/-50,354
square foot Tesla occupied Sales,Service and Delivery Center(SSD).
Note the following for the SSD facility:
• Store Hours
o Monday(10:00 am—8:00 pm)
o Tuesday(10:00 am—8:00 pm)
o Wednesday(10:00 am—8:00 pm)
o Thursday(10:00 am—8:00 pm)
o Friday(10:00 am—8:00 pm)
o Saturday(10:00 am-8:00 pm)
o Sunday(CLOSED)
• Service Hours
o Monday (10:00 am—5:00 pm)
o Tuesday(10:00 am—5:00 pm)
o Wednesday(10:00 am—5:00 pm)
o Thursday(10:OOam—S:OOpmj
o Friday(10:00 am—5:00 pmJ
o Saturday (10:00 om-5:00 pm)
o Sunday(CLOSED)
• Number of Staff(20-22)
• Charging Stations (4 superchargers and 19 wall chargers)
• Typical number of cars stored on lot (15 loaners, 6 demo, 20 service, 40 delivery)
• Delivery Route. The car hauler delivery location is on the east side of the property at the
enlarged designated loading area (198'x 18'). See truck turn exhibit for reference.
Lot 2 (+/-4.891 acres) is planned to be re-subdivided into two parcels upon final determination of end
users.
Lot 3 (+/-5.688 acres) is for residential use.
�'y��}{
'����*� �a i N ... . _ M
4i}���i'�� . - "".u"'"���°��"'�" 011 7NIA3A1f15`na.s = O
t{ni} �n,�,.�iuiuidul IP +�45 �)\ISSONJ1051N
0��.�0 � SSttd WO� -
.�
��� � a �ag,� � -�; �
O O O O '.W :�= g '�. d� �'�8�.`=sE 8 �'" o
= .Y'z��
�b �o= V "Y"a3�u 8
a'Y�! ;,okE�'� `<5�^�• m S.
� __ e���� - bsS�:Y �I a ga., e m ' - Ya� .�ky: ^
0 0 0 o e'�9 @ s��'�,s':e5��� s�;eo°'s�o�5a�°•` M���e;;�a =
o O O O � ��5�6 :, I II �� `�'e`a:,�8��oagxg ���.28$e. �
- 3 I 8 ez�..,..Y'e 83.,�g a�8
ZL Z.'�Z',Z = • _ I I ilil < o_ze§a:;,,______,._.<.,,,,.�o.s.e _
a.a a..- _�� s� � �
gr� � 8: p a� ' � �
.'�� p€ � ": : � u k g 4 `.�dJ � a k. L S o � C ^
<�� �� a ",� : S �k "ge k'�= _ : � � s dW ' - `' g�
�$� og ^ �' : _ ..S e„ o S,"; s f: 3�a `� ^^ aQ a
B � 3� o^ =g ' y� � €e d� aE�� � ��^ g �. a � g�g : gQ ff. :N r
€�I �e �. � ^ x ' y �s ='x„ s �o� � �� bp ; s = �, �s �o �
�is g_ 8. # "x g ; � �.� h o"s � Q €�; ➢ � �
�. =a e g ' � �" S;i ��s; � e �".��-a s„ i� g � �e� � �� k� �g" $ �
�� �. = � � �� �: ��o� ' = ' "oa s� �� a x a" e ` B; � `
/\J n > . • `� 9 ��'� " Y � a�8 e �� $ �u` N o& .�
I o- _ �. o _ y W g �� ,4�'.�^. tl : � f�Y '� �g �m �ry ' �'8 ¢ � b6 (� � �
�m ae 8� a., $ � ��� a� a��' � " � =�' �; '�. �4 �5 "a, aa= g �` ga a. #
_ ` " a? � " e . 3's �x �_- .; [: 'a 5 ge =� " rs� :'x �9 �$ �_ „ a.p� n� _ %� �� :.� . s .
I �� Zi zg p �R tY ia � : u� s g Yl k�tl y �g C €Rgg g �� tl � tl g§y o$ a �' a �z tl m� ` 3 '" kk8 � � � Vg km � Fq � ¢
� �� .' „ m� „ � e u e s � g E; : � e �€, r tt; ; ;�: „ :
�rc � Ya b' k� � �5 e 5 Y � S .. 8g �' "YY S5 g � Y'^m � _ -
�" g� __._ ..g� � _.� =w _ �.; =�� _g;¢_ _ �� _� . �„s� � .x _ ��� = s�` � _ � �� 3g�� =a �=
�p =o 0 0 �o 0 0 0 0 0 0� vo o� Vo o� a -o-o 0 0 0 0
� p � �
5009J'J'I'x�R)SaS.H(�) mBUf��LO PARN FWND 3/�"O.O.I.P.
. S00'05'32'E IA 545.62'M P .0�-OE-to�-ote _ �HE�7 `o�db o
� b o
I � _ - -- ----------------�-__ \ W C�,���J.�r�(B� f�o�4 0^
I � rya t o
0,59t IF-$u � � \��zj640zs ��
� I /- _1_ \�� �d ab2 P
� y05.-, "'� �/ -_---- _ -_._=\ ���"J�'', '
`"<"a � 8 �� -T ----- ��zsorg r
�3 w� �� - � �'Oa �9
- � �: � s .
� �� �� /i �
�� �q �pl �o
s I ii �
Z �� �s r II o� I � �� // � -
� ("�S� �II L--- —�—Z �� �°���` _�G� �g �
� Z '� � �I�I a= eo �,�� `�� � �rs 3^ -_
�.0� �- \/ 'IB9.9'(H) 1
Q � O � ]BD]5'(M) �j, _ �
/y� �/�O< W95'S�'W(M)]89.]5'(M) �y ao
W yJ � 1.I \ N000]'BTE(R)63.31'(F)
� �m I�.o� i i ��l� � w
v� a� � � � '� >
� W =�6
59i � �
� r��u(Wi � I~ � \� \� � ° a
Q \J 'ds �IIG L� \\ \\ Y10 8^ I � ¢7
E., �j T � � �� `a N �h o F-
Q f-� �i � ! 1I I I �� �6� � � 3� �
..� �- i � � _ �'
0. � �< s�L ��I� � �
a L/� �� � _� I tzmi � �\ �\ mJ� —"8-
Fry--�1 �i o o� I�i � � w�g ��3�n-a.o�- b
'-�- Fil �_ � m I!. -- 1 --�- o� \\� a<�� I �S
�3, �� � � �� ----�-----------1 Haommt(e) xi.so'ce) - --- ------
o.�I '4 3ooBr�TE(IlJ 2srrs'@7 i
zn � y Q 5�3.]�(4) SWbY�]'E(M)2)E.Yt'(M)
�� g o�� �m �� sooro��3rv.CR)ns.:o�(n) a� I
a� € 7�o i I � \\\\ �$
�� �� I w'e.s.� � � \\\ � a�l „�'�'' '
c � � � \ � o so
� � i �� � � \�! �o a .i
b j, \ € $��
>O RRS II I \\\ ¢ ,��3^0 �'.
-.xs �-,._ I �� o� ns o :x
� � I � ,��W� i I �� �€ �^"� `w
g � I-.s9� =�agg �, ts"� ` �m
g^amn � �vvRox. Q'S.'. 'S�i� m . ^ `�'�
� o I RR:� ��zo�i.scor 2�� ��a:o^ �'_ �i - �`_
� � . �1�8� � � . ^.' $�: �j''�°o ��
� � �I m� W I la� ti'�,o �g �� .I
� a � � a I I�s " � g s �' ros
: I I €� �€ rn �,
� _ I W �=oa
I I �n � �� �'o
� � � �- W��,'$ m �b
/ /
.os .� �S� / / `a �aM� r$„r`.
� `��C � a°
I oS bBs o
.t5 i � � ? V d N
� �o u _ n 6
�o�� �/�/ a � ���lo
�Y'B.o �q - �
I 5 0
1 I G io � �
� � s.,o a "' ��y-`b,�
@ I � � (n) os r / )ci�ro� xoon3n-ecn)s,oJs�ca> �oe O 6
w€N� 9 -� � � N t9t19 W3,SS44.ZON (13SSH.ZOH N00'0920'WM 210.36
��� ... � ..... c<ec oa anannu irrewnooa e�a auroima/ ._ ....iam�, ...... _....... . .' ..._..........
V ��..,'`1� xia'�s3w�ur�ros.s�t 'q ^ R
�1N3RlIJ00 tl3d�OLY�i030 e�--�—�'Jr�_'��E}-�0.B/[ONltO] _ m S�. � ...B_� __
[�. � � _ _ _ � _-i+-B�qLLJ35 iJ 1/i 153v.MltpN 3W]0 i/i 15v3 3W f0 3Nf1153v�3HL, _ _ _ _
a ' e
h �g I ovoa sswi3H rvO1DMnm mo io 3Nn ls3v.3�u
V I Q'
x aa w W
a x `� _ C7>
a ' w�
v O❑
z°- m
<_ -
sa
e �e�- - �_
�+.k���{
, -:a ' _ M _
�*��ji�� . . '.�, , dll�N�IA9AMf15`..,a. . ��./
::+����, - dn w.�iwwd I� (1 P ��45 )SI\1�N 1IP
�o,�.�.,.�;�.�o � SSttdWO� N
mb,p �... ��
0 .z�a ei>� � rrMr �
�er—
s
U �
4 Cr
U Cg I _
0. 5�
6
0.' � - 8
c�
£
I � � BuiTnlo vMk
� 500'OS']2"E M 545.62'M
� —— � n f
I —� �_-- \ CEfe` �p
� �
�5�91 I��u �I — � \\���6q�2S
r- _ CJ
� �I "� ��------- 1 --- -- ��'��
T z so.
o I� //� � `�°F�s
� �� �� I ii e ��
o s I�� � �o, // w �I
� 7 s
� �
� �I m� g8 ���/ z�
�.o� gl-IL— ————� �„ \�i �� �
` oovsarc ve..r
—— —g�L�—
��.o� � � ��a�'�� � � --
� \
� �js�si �� Q V A
<a I I ' � \ '"_
wz �_L \ \ W I
� \ \ Qn
- T \ \ I
�� � � � �
z �� � � � �
� � � ��
� �V a� - �i� �� � i --
CJ =� �� szm p � �
� � � r� s00U5']3"E a5�.�3' L l '3'n-d.o�-{
� �� 2� o� � '.----�---�� o� \ \ I n
O � �
�0 Cf] o< �� � �L--------------�----- --���c---------- I
� � mm o� m ����� � �
� �� �� i � ��� F
�. L� �� ; � � �� W
0 U ks � � o
s � � .\ � � ''� F-
� �� I � � � '"�` A � �
¢ z , �p � „ � _
,� Q �� o � „ �oas� � , � �=
p_, �g zs , I ��m �� n�
¢ � �< I „I�-.� ~¢ � � „ ��== � ��
�i c� I I �pvnox. ��_°
�/ � a � ��8_ i--{�a.na+a �KW�:�^' r <`:
f- - i o 1 20'E SE. m�rc �w
� �2 I, � +I � I�� 4 �� ��
�€ � II ^ '� I�
�� - I / i
� I � / /
/ / I
� I / / �
�s / / �
i / /
� / /
I / / I�_
I
_ o�ss. i i
... � ..... ...... ..... W.l9 ll9 ry 3.SS hs.20N ....... ........�S St...... N00'09'20'W M 210.3�M i
�e��-�__��y-�"l`tv _��Q_�,�_ ......... ....... ......... .......�. .................
� — — — _ i.�rer�ao-_ Q _ — — — — _ _—
�
W j�i �_
W�
i 00
m
$
> g
� `��
Y ���
< _ _V�
o�•� a , M -
������ - - � ��. „a. o,��.����no.�, an�x�u3nans`�.N.�, � _ �
� dnw��iu.iwdo�any�puonv��4fl '.)\ISSt1N.]�IJSIP
4�'�. �
a':`•.`���o SSttdWO� M -
e�
8
� W > :F� � w � m � n o� C a
�' k ���f w-�� m��: � S`� g'dW: <E� o� �m��� � �W � <s � ;
gN 3m � r �
� w �'� €�<� =e�p 3 :-.€=m�so��Wpas� ��aae � � �� �8 ao e
< � "g�' a�€� "$�� � g�Q�g��m€<"���8� o�yN� W < <� �°' k p� � "s
� < wk€c �$g5' =€`c : ��`Ye.�����a axa � � K g� o m fii� � m �
p �'6v ��ha � ��;'u'd`€�4<��"6�` ���bW� � f '„� w� F z � 8
o � �ap 9„:� ap � 6�'�•oo'"w^o.�' �,. � : S `� 8
g _oo o Ns<� g iW��seo��oekowo� �;3m� m. ��� �g � ,�
� �'�€ �';m ���� ; sR�mma�`���W<a<$ ��� _ � 8= b �� � e=`o � e'"�o
Y = boo' € W . ` gN � � �'`__ o ��� .. � �or �
d � m m� Qo.� =YiE as eS��onw'5�:;�y bl� gg � oW ��e� '� a ��=R � �� „ �b`R a
00 "�s� �m ;�m� o� a���<€o�z=��=N;� ��<,� W _� <"-� }a � �o�: , � a �? ��aN I � :
= a�a3 � < < aww` = kW � _ � �,=p
`' m� ��mw ��s �9"'" e� W a���k=,J3a�^.� <����a < °� ��_ �F g aA�; c $
'� < _ ` `- ,q�<oosas€og���� ���o�" � �- N �w I o _ @o �a�e o
ag a: 'o�� a�°= �om� a< < e-Rg �W�m���€= �oa��o o �W �W� �� ; o ��'a= � � ��
oa a�� �a�� am �a=s.a��WW� £.<. �` I $��_ �
�� �= s� ��o� ���o gso� a� ���_oe��=ooae8,a= <�y�r= � �� wa= �; � �op� II � ` "os� �
_ "ao =o ��^g �8Y� ��„g _� 3yr���YdgW��oP�.� ogo€_� �� o� ��,2 a� o ry o o r' o� I o �.
= 3� �: _�: ._�� .�: .: �p.�.�g���€ra=wm w=om�� :� $_ = 1 � .� �; � � , ��
il =oY<o=zg^ �J � �_ ��m e �R ., � �� , R
c,l `._. Y� ` " �9:a a°=ao Y� W g _�...o���g < _ b� � � I `. 3�
�Ii yN^ �� ka ���oz �ara ��ao� ka �`��g�g°e���€���� m`�„�Vi <: �€ �a� o� I��S� � 3 ` ��� � ��;
JI, � a 'o �6 � n ��o� � _ � ��W�W�� � �R���y * w- � >., � o ° € �aw
r � � �� �� a �<_m� � ���s' s �<_�� a�a m�o�gxs€�wo�a��� <��vgF o. �� ��� <= 3 loa� , � � ��< a mo '
b
<"a
WJ wb� � �ff<e �"<'� w �<" '" . z
�� � " W ��3��W�p < S���w ��o w�8 �m�:8w'm =� _�
z �� � ������€pW<g€N= � <w���3�3o,��g� �����`�� �a��z �'
� �� w oW�< ag a�w�,�-.��oa �wa��W�o _ I
(Jr � w �<�< <gg�p�,�= w �s��`.� ��£�� <€m;�; s=�'g�
� �-7 � �bo�`w'�o `��"" i .��=p"'&E;Wwmg o�3='"0� �W�eb
� f-� _� �� g��o�E��"$Ww�� p '=�g�o����8=�� w".o�'Oj« g:� I�
f> L/��o &� ��'o�g��W��o<; $ : � o»w�se„3����� �a`:�:*� wW��e s
_ �04 ss �oop�- ��m k=_� � a � <��'��'sm.�os��� �a�wa��=p z�=�> .
ow ����a�W =�<�o� o ��. s�e �; �� g�� �
� O,,/ �� g" a=;�_�€���a<=�m€ _� �o� ao�������sa€N.o �=.���awa� � I ����� � ' �
Gz. Fsi �� �s ;����a��''���-� a< 7�= a�mWw�yo3a� ,b�K��offW o a a ? y �
r � _ ` €w��'"=�t=�� �N �� „ I�"�` �' < II
� `/'ds abl "� ib�Km�oB�'=a aff � d b�gp g�`ff�°3 ff'<. ff�.€ - '�Y �
F �-7 �� =a"`�w�=>w=W<,o am � �og,�� oa ��� �aa�w�;� s I I> I � I���� � I
Q f--+ �� � �w�;o���30����� , $ « ��. �€��z�'w�€ p`o;a��m � ,_
� O�_ z �Y � ��<��w�sr���==� � �� ` ���g�owso�<.=<� eg�;���d� � i s ���� � I I�
a, .� 5 �; � ,=�o a��a �„sap - �� �o�aa�=o=s�Wk=a ='gpmo= � � � ��N�
C/�'�� � �� s g�a�$��„oo�Waos _ �� ���`.�w� ��=Y�e� p'�a��„sy � a � I x Ico3� I I�
" � p �a<=aw � � € 8
� = &� < � i:EB.wp = S �s<aF�W � � a C .- � _ �
zI---I �i r w����a�w`$a�so _ � c�o&b W �m�=3<= ",a<' I� � �w.
Qa �a � wJ � ���o�=�`ss3„�a=� � Wa ��a������"o��m= W<o=;o�:� _ ' .� > 3 � Ime=� � ` I�
€3 � `� < �`.W=.w�<wcoo � �I �' �p`�oa�€��Wo��< iE�;�aJWWh W s� a� a� z � z �W�� a ��
„� ��� - �� 33g IWaW �_ � �
� ` « � �'a<�s.�e=aa€e� _`I .� �$�=s���p°a�<�< < 3�0�� < « <� <� ., � � _o�<za 3_ � I��
��
s€
�€
� �� � �o
€W < � 3 oy � <g�d � o I ;� :
�o ° a 3I = _
�o� �� og � ���= g � < ���� I
€�6 �m a< s�� a < g �� �` $o
���� �� �� <€y<w<:o < < �w �' �a€ �<
���� � �� €p =F� m�a� � � � �F � ��o °s
a�:`"� �'�� <w�d� ` I=„p�k�� � Ew o o I
�¢W N € J � ��a I<}<IN�o= p 8' �� ��s �
i '�6,`��� <�. �a��o o m N �a<W o m� =x3 I
i" €�"`=-y i =g� ��w<` o� I� < �IiN��� '� �= b> W�_ ��
���'p� I :b� ��`�W ` � I=�o €Il�oy'I < o- S�I ,_ �aF �I
o mFko � IK¢< m��;� � I�W ��3„ � .. - �_ s
� sg���r� W€� `�SdF, I Ik'll�>> �E `�$` .= W� < �� � pg� � �6
� ���J€ W �o ��<'"� I Is �bQ� I�` I �� I � �� � �9 �x e�o = p� �
�„� w I<�. `<_" w � " _ q� -_ . w I�
� �w -
� =k�`'�° I"� = �a<� o�°I� I I zl Ig`� �`�<�I�I I <�I I a �o� � I v �F r _<�� _€ I,
� ��> �.� �� < �_ o � � < .. �
a'o�= &a = �m���'=�3 I� � I _ �� �:�I I� l=�' = s`� � ? 3: � - ��< _ 3: �
�oa�5�o 4�' a Fum��o°5 ��o F �_ II Z �w'< bl � y�� I r a< i �� ��� Z s� a
� Y � �_ ��I �u - � �u � �� ^ � � z �
� � �g� ��o�'�=i �� o � _ �' I I��< � ,� ; Ga� _ � w
I � ��� �V„ z � ;£� �� � �� I= � m� ; m� m� �
� - a �ww� � > a � �e�� � � � "< � -
z � � og�ff��g�I�o€ I� � '� � C ��I I I I��I ' S�I IY5 'I� �2 &` s � '��"�i I IY5 � &F �
3 k " Y ``C� . �' ` �� � � 9 'z_� &` = I =
_ � � ��a�F�ga I��a I� < Z „ � _g my�<I I Im I��� I= � <m� 13 <3 _ .� „ � =�o I I� , <� I�
.°°°° SIONI7'II '�nox� o�v,a3na I
«�tz�9 '°,M3�,3a.�3�,�° o
czn�e .3Naa iH3n�s �17 dflON� ,LN3NId0'I3A3Q QOOM82IOHS o � ,..,
a�o��a M3�3d+�3�,�� 'JAIISS021� NOSIH
cz/�Na r.�v,3aiH3n�a � II I
rz/s/s lruirvens�za 6 ��r ��5 3 1[t.'�1�0}5 Q5 tl � �
[Z/6i/fi 1N311J tl3d Ol N�d �Z�S �+�1z���+�+ " �+0��� �.
[i/IL/fi 3�YT1N N3d ll
$ C
� `� Y Y Y � G?G ? h G h G Y Y
_ _ '� � _ ,� . o �, o : h m� m h e _ _ � h
� -- y
a G Y � `�
_ �� �� � � � �
� � g ��¢ �� _ _ _ _
.. � � g°�� �� � � � �
� Y Y � a
� �O �.� — ¢ � ��� yw r r r r
� � � � � �v �� � g � �� 6 � �
I ,I � �, - � �
�
� ' I
� I � i� �
� , �
I �� � � I
-- � �� ---
_T__^�__—__—___r_
� ' —PI.I.-� »1�a„ , ,� ���:.-� ..s,� ��� �
i �
� --- � .,�—.
i' �", I i i j
I � I � - - -� �.�,.,, -- ., f� I
,�.� �e� �
-- �' �
i o v,�,,,,,,.o
— �. , - ------------- �
� � -- - -- -
� -- - -
i
.� �
� — e — i
�- _
— _ &
I "�
' �
� — = 7
�� - -
I '�.. i�i�: ---- - - -s� ,
I I —�,y � — —�csi — xi�la:u:.s�—�&, I
I Op•�¢
i I - _ oi �J,J I - '' _ I��z
mR� I i
I - 6 � �I -- i _ I I
AI� a l; - __
_',
�$��_� I - ' _____
. _ ��.� _'_'
I
-.'��,r '�
M���' _
I _
� - L -
�i
I � gd —:1 " ., _I I_I I_I_� _I__ I I � � i
�,> „��„u " �.4 „� „ ( I
I ��� R ,�
a ca
�,�
i — i
i c
i
� i �i= i- .. ... .. _---.I..I. , �
I . � � I..Is>I_I_ I_. I .. .�
- �. � �
i y �
i I
i O � '
z -
� W
I � - � � �
� � i Q �
� _ �
� � �_.
, �
' � - i i
� �
i �� i w � � �
� �
� � Q -
� i
_ _
� �---
�
i � � � - ;
i � ! � �-
�� �
�
� � �
�
I I F:.
I
I �
i ' I I
I �
i �
il � I
� I �
I � -_�'_�_'�___�__� _'�'_ -�-
i � __-__-__-__-__ - \ ___ _'_-'_-- __ __-
F J.
' avoa S1H�J13H N
� � oi�Nnav aio
' ------------� �--------------------
� � �
i
il il
I II
ow �� v w w v n r aoz o�usUceo,
£Z/9/6
�Nissoa� Nosia � �
o5s� _,�,�`a � _ �
�o, ��"�`�
=s�N;� � � ` ��
� �aa � F = V -
6 , ;s ��� � - ': �
�Z z � �_���� \ � � �$9 � (� -
Za � ¢ ��=xx� � r � ' Q� g
o z �� � � � £: O _,
o> z �" ����€�R. �'S, �� s j�� � ;` �� -
0 0 � �o �� �R R �a� � � �
Za ZZ aa� ,e - "� ��� �� � �ih O � � p l
Q J g� N Nm ?� i � � ��
v�� a� o'"x - .c_e �
S�Z o� ¢Z`•X, �r�a> _
ao� �a wJc� eY���s � � -
wNOa�ZOw z''Q�"Z .' a4 N .....
5 za - v�_ �
N�����Z 3cna�o ��$���^ �.,.
�a z v�z o� ..�.................._.
��
>w N W Q�N�a W��
O>ic������w 3 3
x U O w�C J�w N�('J��
Q Y�
z
— - �mY
� ���� �V (n --:��
z M V NtDI�aDOi i��3"n
U U U U U U U � �¢ry
y � w � � � � � � � � � .
Q o0000000� z �'���
_ �NM V�tDl�000���� O 4�=
� [n UUUUUUUUUUUU U �o'n-�cs'a
a � �
� � � o �� � � _ _ n� � � z
_ _ 4 � � � � �� � , R
� G'3 0 � �� o � m � p� � � � p
� Z v� � Z�}� __ ' � � �� � � � =� y � ` y
Z � o o � , � z ^ � s� � � � �Q ;a W
h a Z z �� � � ` ` � _ _� ; y
_
W 0 J �Cu .. w 6 o a a� �� � _ _"'
� � � L � � „ . ��...__.. . K ., .b b �.g
�
O W W � � `..:..; ' !o � � j� ¢' � �
� W m� . ea s_ g z �
W °C � a p uJ.� �,_ �� n €� z� Q � Q q = � �
' „ � o °e � _-��. � _ � �Q o ��o v = �= i �
C7 W i � � �_ �s ��
O . 0 /: f 1� . � � __ �o
Z 3 � o ; ; '� �- o m
_� �o
� " ,.. ..ry6 `_ �� � °o
O �, a � w� R� � :� Q �„ 53 � �€ �� �� F W
r � � " "§ ����. c Z �5 c �p�' _� o �" � �
� y � � 3 � �---��, ��— � ��� �� �� �o � a� �
� � m �+ <�a aH� Q o�� _� r � W
� m o � �� �� �_� � - �� ¢_ _ �
x - - � _ _��
W y w �_ " �_ � ; �a � .:� =� �
H �
h
,�-�
�
�
� � � 3 T ,
0
� — a�
o d �
� �
O � y d
_ a II
� " • • �—
3<C
� ~ -x = Y ¢ ;u; _ - ; �€� 3V
_ � � ���� s ���_��5�s ¢ g�t�aos�h�;=c c
W w � �����������p�g�����g6��r���g�zao�s�bfr�pa��o x I
� � J �'����;� sm s" e, �3�� d� ' ��$a���$ �i
� � � � � �� �,���
O J
� W L� W � I
� �f� � ' � Z � '
� z �� �I
� o � t ���; .�..e.a.z�o.�t��_�e�.��¢ _ Q �� �
r�TII I ��li � � -
�
�_ _� z��.
"°e °",`•0 SIONI'I'II `3AOfl� 0'IV337H
ti/S/6 O1j 1V111WBl1S JZd l � � ���� '��
anox� ivawao�an�a aooMaaoxs �
o �
9NI5508� I�IOSIH :> m ii c"'.,
S37.VI70SStl �
Hv�a �,c�s ��vx�no 2T3L�t3�I� g0��'� �� �.��;�-. —
8 �
� - �
_ � � � �, < o � o : .,m�, ., e _ _ < �,
� � - - -
� � � �
� � a ym�
` � � s � a<a - - - -
� � � � � � � � - Q gs� Q
a � � � � � � � �� �N � ��o � _ _ _ _
� � � � � �I a � a � � �
� i �
� �� ' � I
' ��I / '�
� '
'� � -- ----�-,�,.�w,o> __ I
� �� _ _ �--�_� ,
a ' � � r � � --- — - � '
�� f � •
f� S { 4 i� — — ,
r — �
� �II� � —
—� . �"'%�
' '€ a� I� � ■ �� �Q �
� �` �� � � o% �
�
i r 9 tI > �I� I _ �,
I �,y ` I I
�
�
4 �` t 1
� /
"7� �:
i� B�xI _ // � I�1 II �ti.I I i i� � I'� I I � — I
� il�� - ----�-- �°� � // _ �� = '.
� ���// � � �'� " �'=
� ��o� � I
s-
' �� ��� � � y�� _ !� `� ���� � ��'�' i
� � I��I � \ %\ \\ '�,
�s ` �
� L�
� I� � n't �� \� - II�=—--- ' I
i � �
i' Ili z:
� � � � _ _
z
_ ,_., - I _ ,� ;I� II
� s_ �� � �
}I I�1
� Y ■ �I� ' I'�I�,. I� la
�' 1 _
\ I �
� �� ��` ��4 � � �� i
- < � i
�I�� ------r i�_�-v� � � I � "
�I;I� — �n,�= 0 k�i.���-IS ,��5��{ I H��WH��——— ——� �
� � --- --
��� � ,aea,,. � �,
�,.i_�a��� �,m.�����. .ti.�Me�� �-�i . ;t ,� ��``� � �a„r������ , ,
� I — —� — �— —i X� ,L3�3HS �8��/� � �'I� H�,LdI� � �� \�� � ... .u.,.� .,.
I t � iy : �i,,'h T�A V ��� �
� I � i � / , 'x4,'rl � \ \ �� iI
� �I �� � J � �' i ���I �\ V ��� �
i � ��' 4 �_�, ��� � 11 1 �� � �s
, �� r � � � � i�ii � � � �� � I�
� � �� �1 �e I I �� i ��
��I I � � ��� � . �, ��, J �� � :�Im `` ��
� I �� 1 I 111 I � r
` I+ =� I
��" � -'� � _��
' P I � - _ l �� ��� � �-� �_
, � ��I I I ga i
i
' � � e � � i�l �I I =�i
' ��`tl � �I � P`i
��
��, � � � �� � I �-
;�s , ', '�,' i
� I�, �
, i i I � � �� ��i � i
� ,ii r _� 1� /ii I
� ��i I—�
� ,� I — - — 1 •i i r I�— �i� � '
�, ------�-'_--._---�-' �!' ��//„� oa>>- — — - � �-
. - _ - .L, �ai,o,siw -�
I -- �— �, ���.- o ---- � _ � _��._::__ ',°;"h"i,—�S�-- p
I —_——--——— ——�_ // y AL�_
—__� � 'OV021 S1H913H NO1JNilaH 6'10__—__—__ _ _____ _ __—__ _-
�I I�-------------� �-- -- -- -- --- --
��N�'saloi�ocstl iau�aH A Vo�of fL02 0146�a1ee�
•'°0 °o"•a SIONI'I'II `3A02I`J 0'IV33Rfl I
CZ/t/6 p1'1V111nBf15 JZd o �� 'i
anox� ivawaoz�naa aooMaxoHs '�
a � o
9NISS08� NOSIH �' ii �
S3SdIJOSSd
Ntl7d NOI,LI70W8Q QNd SNOI,LIQNO� �M,LSIX3 ���3�I� g��dj ' �
B o; _ � �
Yu ' � � g m
s pg: € �� ���� ��a�"=q 'g�� � g � � s��� =� �g��¥ � ��� �¢k �
s ��� � $� �o ag��oax�� �zw �a e�� � ��w= $g �y�o� oN S�k YQ� =w �
�— � =sg � �W ���'� �ae��-eQp aw=��s _ g �?��o � ����� ., �s �Y i� �
Q gp$ : s� o��ms ����s4gp� o��g�� oe� � a���� �� �o��� �� 6m� �oa ¢� �
� =���s �.rw., ,aU�`,� �g� � pcam� � ��o.: o: e� �t�
e � ��:� �� �� �s3s� �'���a��=� �a�"go, �o� o� oa��� ��� �=-�a �� �ca ��o ��
LL s'��-.' �' `� ��� ����`�`a a�"g""' s�` �g ¢=e � a" o'a � '' -� $y. i
o� � ` m � �� �Q`s � W�_ :m� �� � =e � c�
� n � � � -'�� 3� �° �����_ �x�o�=.� 6_ ��`���; �o� � ����� 4�U m��gg �� �c. e;� ffo g
� �o � � € � � ��s= �� �; =go�a ��o���'�g� ��_� s "�W �� �s-oa - �e"s�u �? '�� fc� �� �
� � �o s ' y3 � vmag � g�` ;��zc �=pmo�7 � r § �oe ��3 Ym� � � � '-
{ �Q� a� '� � ���� ����7; . y ��=a33� y�§ �� �:� .� '��a� � Soa �y�� �` �
- � �� �� �� �� �� ¥� �� y� �� ��o; �` � e�" � t��.����g� � ��g ��Y ��g�� ���a � �„ ��� EW �� � �
,. w_ � .._ .._ ,.� _ `'m G ol ���� �� �� ��g��� a�����g?' � ���g ��� �� "a���� �ga �3,�"�� ��� ���� �s�= g�' ��
�� � � C �� � S = �ss�y �` a� �Vm��� ������. �� �==���m ��� r�� ��e�? �� 's=�k� �g� a�.� �"�� �' �'
€s_ �� �� �� �� � � �u¥ � ��� � � „ � �e � "a� � �s ��a �� �
-� � , � , , � Q� ..e�� . . �'� �x 4 B�=< ;?�a ���� �� ..��� �s�' n����s ��� €a�< ���a =c �
i � �----------� �
I /.
�� � �,
I � /�
I I y�q3
/ �:�� a�y
� g��� ��� . _ n _ I
i� ��€� ���� s:=
��Y ��a
�� ::�€� °a��e=-
�oa3»��,s.�..�;» ���,�e�
� I
�--���rr --- -- - -- --�_�r_--�
I I-� -{��, i i i i i i i i- � \� �a`�
� o�-.-z�.._ ,w p �_ �� '\
� � I a ,,,, - -- -----------
��'� ��� o- � i '� ��od�
�' _
� i ��� � 2 :
. ` � s
!, � € .
g'� I -'.�2 eg � 4�,a 'g � � ��a6 `• ���� o �� �
� 't ` G o �� � ��¢,g�P 7_� � 4� �r-w�+�-,«a-��3.«-x�s �s \�� .
Ik �Ihl o�y €� z ' .x�€ :���a#�. � � a���f��3` /,� om� ._�e'' / "� \�
�s
�F 9�II ��� � s� - �� y g� o _,,�tl� w �
�a ��� ���� �� -- I� /�� � aa ��a�a -�-»a �� .a"'�., I I
� *. > � � .�� �-"-"-�� �<'� — _ -"��'i •�` I�{`.
��gs il �.� r»+«-�-�� �� � � �'�'Kk� � e€ � � �. a,..,oF II E '
�s�" � � �f<�"._ �o€ $� �m .
- , i� 3 ., ���A,7o
a � �
� �. aE � -**' �- . a�� �a : " °�` 1 � � y�ayay
�xc,�
�p L�j� a�l._'� / *Y / �� G -..� �� I a 1 a�'�`�2 i.
yy o "
� � e6� I
o I I � 1���-- �_____
a ________ G Q _'__'____�__
�W hJl ,4., . � X « ___" `—.
� «� � I. �
�o I - � � i
o- �� � . �� i a� � I i
�„ � �� \ I..�'� _��r . �>»>. �r�+--.- ��- frd _- I I
d � I �_€, ������ � f . i I
o; � � ., a, � � �€i�€ ��� �� I i
Z' I' -- �� ' \+ � R ���� p"F �
J I � �.I ' .w `y _ � � 1 @ �,.a � � �IL 'J�� I�I
e y
. ( .i .`�..,* loaq a�� e.;�s�� 69,� � j I�I
aa G�:,�+� "� � :9� e � � I I
��a i ' ��.. � �€ � P�`__ ����' � 8 ` � I �.�r
�� i ' �� '3a�� ��,� � �
J p
;� � I i wk�� a�� � � �,.� �
�
- " � � � � �
- --�� — — � ` I � �
,
� , � � �
�
. —
.-�`�` a�L+J�1fI�Ltt�H���" �
-- — (
��y�l a'wlo7 ) a( ��j _� � w��� (c� _�
,�� .szv ,.c .:a m,.,,.s,:.�.�,» ..�.�+ .�rt,w.w.»� ,��r_�ir..s.�.c_.� ^ I � h `\ \ -_'.. , �. ..,. .. ..
. � �
_� . —i
.. ,., _ . ,.�,m 1 ,,w,,... ...��. .,�.. ,., . , �_
�
. v _. . � �
� _
T'E� ,L��HS ��S - 3NI'I H�,Ld11i
'JN�.'s 1. V !aH A W�of fZOZ 0146ii10o�
°,°° •=='a SIOI�;I'I`II '3A02I`J 0'IVd3RH I
rz/s/s iuners oze� -
dRON� ,LNHI1id0'I3A34 QOOM32IOHS �
o .r
9NISS08� NOSIH m u �
ssie�oossa
NV7d NOI,LI70W8Q QNV SNOI,LIQNOJ �NI,LSIXfl ��3�I� g��d� I'i �
�
�
2
� o � Y �o ao �o �� �� k'o Ye �e
- � �� �� m� �� �� g� �� 3� k� 3
Y +t� '�m '2_,. ''I� ''d� '�m *1� Y� �� �
� w - -_ - w_ �_ �_ �. -. �_
jl� � 0 — }, }� Y' %�o W� � - �
� � � � � � o �
0'C� ,L�3HS ��S — �hI'I H�,LVW
o���_ ------------------- � �� ,o. -- ,R ,
mo�orn () ( a „ � : � ' �
..Ms..,, , ,.,... - ._...._... :r,�n,..zar�sa:�sa� ma�arz.�M�.m�,�m �....... .,�.�� a- ,.�—.�..z .,,•—. �d`,�tt urxi.b .v �aw,.w�s�.�azeca.�a�.�.xr..c�.,.r,�.ev._ !�..
� � ��
l� I — _ _.... . � `� ���\ \
_ �
�'� i gg� � �� _ �,.�� � � o� � �� � �V � �
�� I s�ll��ll� ����'e::�.Aw ' � 1 eg�8 sp�§ ' y�� �� \ ,'\1 \`1 \\�� �
1�€�$ §K��.:,.� 5 �y� a "si � \ \ �
y �—*jY� €. �� .4� � �. m �� ; \'�1� I� \\\ \ I
�s. '' ,y e. �i s � r ,
I '�� �r- : � tl-E '�i : 5 �J� =g} `� � � �\___`
. I �Y I . .E.F ; A�� 11�I I � y(_
�6 . . . 1 E?'8 1 I � `31
. .. ; E*_pr I II I.:.ua..e.nn
I I r:C
.�d� I� � �1
. I I: I , e 'f' .y^1
,y ����� � �:�
9�x � I ��y� ik r� i_ �y I�I � �,�
� s:5�I', II a4=: � � ;i
§s� I ��� �.� �a � J �Y / /� �/ I
��� I yp §€ �� -1 �@ /�� �
g +—.� II ,I e9� ;� � y , / ( r
I a �"/ / I
,,,�i I i �c4 �a S: ; J //��/ I:
�
� I I C�\9 . -I e E �/�/ � I-
I � \ �°3�' i�� /j � � I
I ��. � — - . — — — — . ' -'�I �= / /
iega 1 i ��//
--— � �-�-�(a�+,e� �
� --�—--— 'hlerm; M -
i .
_'�_'_�_ . �/
i __— _—i _—__ — _' ,____ �/l�ni�._. i , .
--.... - --� --- .= aslu) -- - - — -T�-��_ ' �oo�ae.e�w,u� rot�i - r .
�(F)
- a� ' � s _� _ 3,t�, �-
I— — __�__ _ __ �.,�... , --- — x--
� ,=3�...._�_.b� - � ',-—- —---- ° �
- - - ° �-y--
ab02i S1HJI3H NO1JNIlJy Q�p �� 1 ��\
�-- -- -- ----- ---%�-----1---�--- -------- -------- -- -
' / __—� gg _—__ __ __ __ __ __
I � /__ _ �'
�� 0=�4� �s�
i'6'�'� '�11w
�^ ��`ea`s' � ('I>
w
� �� ���¢j� i m o �
� Y 6° i
-�Ni'sa�oi,>oscY�au�aH R 9o�of fZOZ O1V6ia(Uo�
- i
•'°0 "°„a"„°0 SIONI7'll `3A021`J O�V33RH
tzisis ,.���nens�zd�
d:1021� 1!V3INd0']3A�Q 400M3230HS �
a d' o
�NISS02I� NOSIH I m u �
ssa.vi�ossv �
vv�a �n��nva ar�v �oaiNo� �tvNots�awta ?T3hi3�I?8 gO��df �
$
B � g o
. � : �Q ff3 ��� � �
� � 4 4 00 �� a�m �
� j� � ��� g o
� - - � z �� �¢�� c
� q �? r e e � b g � w=2 6g :�a� p „
= $ 4� $ G... $ e - �o � Y �E ��� �Y�� � �
x „ r� W � ''"` 4 � E"' o z�s ��� N��g g
g�o=� ���� �sa^� 7;��� � p m � �� � � ��` s��g �pg� g w
�=� �., �5i `_� =y� � 3 m 4�N g¢� �ggY z�
6_m� 7:m�� gg�o �S��o a` ` � � �� '� 6;� '^aS �� � � '"
�"�V� �� �y �''e= � .,�, _ � fr � �� g �� �� ��� �sa� o�
,� .��m� ��3e� �g '� #� 3� �3 = � � °� � � �� ��� ��Y ��
�." _ �� a
$ 'd - �Y �� �o'£' �t8 ���� w� �3
❑ ❑ ❑ ❑ ❑ � I d . .,< «_ ma� .,<.,_ �s �a
I � _ � ., . �, e � m
i � �I__ �__ --�
I /
I /
I � �o �
I p�� �r�
_ �
/ 4��� ��
� ��u sza
/ �3�� � �3¥ '
pa
✓ �xs3� � ✓
' ��ya � soom�r�Male,..�=1 �?�
y� _ p __ �_r _________" �.__ II
mr r— _ — r —..__ . — ——_ —— _—
. �Y I '�ey � _ I L \��� �
, i ��� �,� �s., '9 "1"� -�-I ��,,.�...�
" ;�--\x'�„�. ' � e o w,.,. c �
a .� ,.E,� .,� ._�� � i
� f' I I a
� . �
'� °' _ � � � + �- �,_.,.,�- -- - 6.
& -
-:�:` ��
1- �
� _ � I
, _ �ri r
_ _ ,� � -
, - 8 '�.. Y ' " "
o Ix
�� ' aY_ _ '_' ' . '
�s- I
�€, x€ '�' ' ' '
+$_ m
tl�r I�I I I 1 I �� I I I
�
'i� _��� ,I P ae � . 9e�� �'��' ��' �z _ �_I I_I___I..I_I_._I_I_I_� �
g I � 1 — ��� �y� r s s
� �� � amo- �a�� m" � $ �i �
�y , ; ,�I��a 6 �o �e} — �' _loi._ s:,. . �¢_
�3 Irll� -...p �. Y' �� �i+ d.. ' I v .I i.
(�O ry� -_ -
i, 1—� � � §� — -
a�
- K ,
.d
s @ K - e __
u „ $ "___ ______
�� I 6 y8 '^�I � } �e�$&S — � j I
Q° ��� �I :,€'saes _ � �c"s€vv �
�W i � � J �e i �.
� ` ����.
� /� ----- - ---- � �� I
rn: /�-I �� � � ,�. - _- -»��l � #� �� � �
O� /I I �
z 7 i o � s �� '
—� n s i 'I
J ��� � ��"' .y�el""�"I . �.��_I�-I-I■I-I"II_II_I_I-I-I'"'4 Z I � R� I.a� ':I
,I I I
' �. - v(:' - I F
���� � I I �t�zn rF _ �_1 - I
'��:.. f
� I I
i o�� I I �l I �
�
o. , �e'E , . `%� �
� ���' � � �„� , �
=��� ,
i �. � � '�
�
_ �
e ::,,� :�. ,
� � w>>.�� _�z..�:�.�... ,: x,.t ...:.,,.. M. • � , . _
� . � � � I
i��� ,L33HS 33S — �NI'I H�.LdY�
'JNI's 1� V f H R 9o�of fZOZ p 146ia(Uo� �
i
"°0 SIONI7'II `3A08� 01Vd3.'lfl '
ceivs u�mens oze���. �.
a�ox� sN�wao�an�a aoobaaoxs � ����� loi� �
�NISS02I� [�OSIB '< _ m� n �
saivi�ossv V
Nv�a �wnva aNv �oa,tnto� �tvno�shawia ��3�I�8 gO�df I �
$
$
— -- � s
� Q - k
o =� _
' o= $ ��a � $ � � � ° = v.
'� 'ga � a.-P " ` � s
Ui 4��G� ���,y� ���F� `�ye� 4� � � g '
�i ..�z�� �� i� b' �`rt
i� do �m:, ��a'^ No8�v. 5G � m ,�, � _
�I „�� � � e5 �3: e ¢��..e _ s a e -
`cl � � � � ~ -
��Nsg ���a� �S �� �g '� �� r �
� � �
❑ `-' �I I-' �'
fll
0'�� ,L��HS �3S — 3NI'I H�J.dY1i
� � -
�:
��._ : . - . . ,.; �
_ :�a�.W., - �.� � ._ . . , �,�.,.. '
� m � I
� � � �
� �� i
� — — -- — — — ... — — — 1— I i
i i \ I
� i I i
� , i \ 1
a � ¢ ` �I� � � ! �
' I i ° . '' ' , I
, . . . .. . �x� 1' �', _ r�
I p • .. .. ii i �i -� �I
. �
_- ��
o�� N
, i� . �m I i '�
�� ;`NRS I ' i ��
g$�,
�i I � _
�W , , ' I-
R + ,-�� �
I �
� I �
� I �� � � � �=� ' � �� �
,� ,_
, ,
i I ■��� I �/ I
I
— — � � —/�
i ---�------ — —— � -- ��--+ --- ��s�P� _r �I
.... �� .�stu) _ / e.e'w,v a .o . �fi
� - '� �s.eu - -- "�------------ 3rEco��,s.:_tDi-- - �_% I
� _ �� -
, ; --------_ h-----:�"- ^
, . ¢�w.�,..-,o-.b�,� - � --- A �y--
� - aV02J S1HJI3H NO1JNIl21y Q�p p �
�-- -- ----- -- ----------- -------------------- -- -
�� ---� �> �9'�aa -------- ---
W� ���s
� � O o �' ";a��
, , I m .
I ���
i=
I
i
I
��Ni's 1. tl W H A Vaaof iZOZ @ 146i�(Uo�
•,°0 •==°a °" SIONI'I'II '3A02I9 0'Id33Rfi I
t:isis .,�ne�s�zd� -
d�1023� ,LN3i^Id0'I3A34 QOOM3HOHS �
. .. . ��'d' o
�NISSON� NOSIH m u �
53SVI�OSSd � -
xv�a �nlavx� 2T31�I3�I�8 gO�dl I'I
$
g � �
' � . G �� �'��� �� ���a � �7
��m-- � i . S• o �� Y �,�. `' �\ ��¥W ���`v °�3 �
6W =oi �W
�, C€i�,� I * "k � `W: 3� �s ��� �
� � ;e F°�1 E � I � �� � �� "�� �`� �o�o �E� �g3 g
o '. ' ` I 'W"� � � �oC ��E ���< �5�' '"€_
a . � � q-.�o z�� .�,
04 �o � �g `3N� i� ¢�.,� 3L-`� E
_ _ �� �'z 45 a�3m ilu� c k`�u'3w' �oY 'i�� �
� � z� �s -� r� �� �a� ��y �s��� ��g� ��g ��
o g���� ,s Z� �� �., o� 'oy ��� a=�s s:�� �:- 8=
L s z�' � � aq � �� ��� =�3 u� �`�a ��� '� ��
o Q � �a�a�s'� � � i a� y ��� ��� ��� �N��a �o:a �� ��
� � � e � K��K n� $ � � &x aa &i ;7� a�� ;��� a���� ���� ��� �i
� � � � �g���€�g � � � — �� �� �� 3�g �.o ��o� ��.�r `sa�' ��� ��
� a � _ � � . r � .. m e. _
� � ;i-- -- - �-- --�
j , /
I �"
�
' ' i I �'�
I � ,�� '�
?, �✓�
� �
g
_0 m „ �� � 3� ,� �..,�, � Q R � � ��g,x
' �� � �Ra.
� �---- " — =---�_�. — °��—��
I i /el�� 6 �� - a�y � f e� '�. —— x� � �_ �a«�� a
�i � s� � A . � � = y
�� �eq�/A � �5�5a & g� �� � Qas�� ����Q< a a� �p{ �
E 6 5�- •� p�
� i rc<
� f p q 1 � � � �� ` � �_ ,� e � �
' � 'II 4 'f'�qt� 1 S 8 t � g i}' �R � f sI f f Y �oe
I� �I I S.�.IE& �n �:@ n Q �@ &$@ ,�@�@ @ @ . & �s � §— � � �6 � `� ..�'� I
k _I ` al e I H
�� �� � w s"� — �& . z � � � r � � +°g�— — ,�
.'.¢ � � x, �� ` o � _ 4 f� x ! I G ��
, � e ' ���e . � � �x � � 6 I
$ g � m � � �1 � � �
� �s�i� . on�
�1 � � � �� � s s � R � aFn ��e.
; � e o
�� a � � � � �s ��
�g � �' ^=1III �¢g �e �@� � d „ y/ __ s m. ��,�€ yI
�KI� � 6��. _ v�` 5 F� $ `,� � ves�__tl �3 �"/ I
F� � � I R` �^s��� ''� �� z o
O u $ �} @& & B '�@�f a e a � d K@ k,'s e �3@ g@ s g E � s n � � r� s i
�„� I &8 �E. P� � g 3i se
s � a I
�� I,y g ''ff n � , j `.. k F s � � ���
z� ��I e � b���g� _ �� s . ° � t � � � �� aa� E : ��� � �� = i
a
J��� ,�� 4 g F .. J � • ! " a � Rff �I
E � �'3 Q� � E+ r �.�_ y -e�"a s ��.Z. affi �`� I, ff `;
c� � �R
Y R
. ��I $ S q ` . I' $ �
� ���&� `�' $ p�e"` a $8 e� � �,fi _ �.� e� , �
� " ' �� i
� l, Y I
I �� � ` �
�y i I „ . �� @'`"I E
@.@ � � @ / � ,� i
h s� � a � . { 1
�. ,r �a,.�.., ., ..r..a�.n ,.u:-�.�o-rq:xan��g .r.e.,..,3,, o,..�: � .,,r..... ,. .rl- f�� /}� � rF'��M �_, �w-r .r. .�rw , _�w} °}°� _, . _ i
� �
0
.S � � r F # �' ��F/ �- � � � .. .�
i'S� ,L33HS ��S — �NI7�H�,LVI�
��Ni'6 lo.> y 1 N A W of iZ02 O1V6ia(eo�
-- —�
I
°'•"°0 SIONI'I'II `3A02I� 01d,�3llfl
a�sie uiwens oza� -
d;102i� J,N3N'd0'I3A3Q QOOM32IOHS o � �
9NISS08� NOSIH m u �
SSStl:JO55d �
nv�a �n�iavx� 2T3I�i3�i l8 gO�Kf i -
$
§
��— `� i . -e�
''�a I *
� o I , � 'N``���� I r 1
Y
_ _ g
L � � 4 h L�t h� �t} S
� � 8 �� �G� R § � �
� s$ Vg g �
U � � k � i€8�3 4 4� � o �
I � � z k o �
g 3 �
0'S� ,L��HS ��S - �\I'I H�,LVY1i
o „� � ,F3,� r � � �� .
. r ..._.rs�:.,., �.,_. �.�rr. ,..,i..,e:�:.� a,.,r:.�:„.. . ;�.,._ � `� s. �..s�..:: .. ��.�. z��o3 i
.- � . .u:.�,_.. ) .,,. ,_. .ay.._un.a�,.. .. ..u..^sr«.W^t_.., I
� �$ °t �g • , e/ A �� _ I \
�
� �- -�-�- �— — — � _;�" c � � _ �� i
�
� � e ... ��R`✓ � � ��������� � A �
� \ �
I I -.� �'�¢ D� S z I �$ � -! � 1',II�� 1 I �
� ^� �. `�,� I
i i � `�r V �� l g ��a � �F� � I I� r�1� i
�� �a���� � , g �S "� �-�_ /--�aw� � 1
, - e . � �- r� j fi
I � e
- l - 1
�.1 ��` I
I Rae��� � - � � � ' �� '�i
' � �� � � � � � �ai
'' e�� � i� E S & I��� � '_o�
Rs, �k " j ¢ g �u* �i � I ��i
��� I G ,-� j, i I I� � �I _
4 � A i � I
F � � � r-
a +. a 6�'w I � � I I Y i
i Ii i i - 1 1 � .��� /�
� ' �� � `� �1, ��° / i
� � ! B � / �
� � s, �' / I
� i ��
— — — - i �,�,�� _._ —�/
--'�i` �a�s.,e�
---�---�- —�--r.�.._��a-s ���� a'�.'' �/ �nins��o� r�000�v'(a,so.�ala) i
zon r�
z�'_----�.�-___—__—
�nl,c.eos
� na�c].�'M'�)5�3]6'(uI -- � �— __ - ��� r� r00oe'�ew( 9. (
� ��-v.v�e m ...F -- ___ vflV�]'l)'t(�)li�f.30_(0) � ,
' _—_1_--___ �\w —�-p_ �� __—_ __ _ . __�I—__
- _ �_ ��'
' � ��.OH02i �SSIHJI3H�ai -—-—---- _,,. �¢ � -e� «�Q` - - -��__
. �
.R & R y
�� � NOlJNllad Ql0—- - g. -8—----'�=°.&�
�:'----I------- --- �� e�BE � „�_------------ -
'i J_ � � —__—__ __ __—__—__—__
I � w>
I w�
00
�I I m I
"�Ni'c 1. tl )aH A 9o�of f202 9146ia(aa� I
•,°0 •"•0 SIONI'I'II '3A02I� 0'IV33R9 i�
czisis iiiwens om�
d1102I� ,LN31Nd0'I3A3Q QOOM32IOHS �
o � o
9NISS08� NOSIH i m n �
S 3 1 V I�O 5 S k I V - V
nv�a .�iivin 2I'3[�I3�I a8 gO��f �I
� � m �.� � =.�g, �za ` g � �
w s
Q��� � = €
� �
' ' � �� ���� i�ss�ax� ¢�� �Q�o �N � �� a � py a � 0 4 0
.��-Q y s � � es � g�_���o� ��� s� g �� _� $ o= ' � :c` s o � �� _�
� s �'�: a,.=4� y „ � �$�p ¢a �a � '_ � ��� W = � ��
� Q ¢ �� ?z ���� �����`�a b;k �asr �� 'e � � �o � `�'� o � a �� oN
� e �� �� sg�o ���.���� �m: e�� ¥4 �� e� � 3„ � e m�� �o � � � � Ng ��
� "" �� ���� ����.��� s� �o�g '� � € m �s: �_ � �
x� ,. �oao g _-a c�s � 5� ��£o - �� o m• .. w ' a '8
� s� ��' 8 �`� �����as= �_� ��e� 4 �' �aw� - �� �q w� '°� o` g Q � : ��LL �6
s �� �� ��;4� ���msQ�c zge ���e �� Q3 o a�'� £ o� �K �o� €� � � � m .�� a�,
o�"€ �P��= �:o�.�� �� ��� � :s � ���w g �� 6� �o o�� _ � =a s
g . _ �_� . �a�o 's �°q � " y - ` - �s � g�z � � m e € ' � gen
� �o ��� y3=�� 3��"=�m� �y� �L�� �� �g � ���� � �� �n �� ��g � �� � � m� � 3� ��� ���
�� ��� �;€go N,W���s _'a _��*� "g �� � � � �s=� ` „m � � � � � 4�� � g�= -�w
� `s� - �'�_ � �_���ffi��= io� i�$g� � s � q �_�- �� �; ��� N �� �_ �` i �� �ad -"�
� r Yn `� L-�"� as`s =s`; sW . s Ys� a�� �s � G �..�� -- � $� g ws 3 �- § _ �'.. � �g £��
� ` :� ��Y �Y�� i's�-��Y� ��g` �v.� �a �5 �4�� ��� ; '_ �� �g g�s � �� �� a � G�a��� � o u�� =��
V� "S�5 �E � �F ��i�f� d �� ��Ey £a� �tc'� � � & g Y� 3� 3P 3�a c �� 3� � ��ao"- a� y's �_„ � s
� 'ae � � � a�e_ ,.�C �WS �. €E v �� �"�� a�S C �8 �
� _ ,. ., . �, „ � m a �, a_mE"e& G`_= ��5:$ _ .. ., . � ��, �_ _ 3 .a�o_� _ � " '
�.i ' I _ �__ __ __ ___ �� _ __ __ __ __ __�
/ � P'�� a R$ ge' gP �� ge.e �" �e' �.,,.^ ' _' $$
, i n$P ��,- ',` � ��k� ��z� "�. �_~ "��� "�� „ � ��� "n� en' e o " '
/' G�� '� g�� g`� �G� g`� . P GG� a:� 's°� G"� ;�� g�� s"� sa�
I ���.� o� �Rj.� o� R�.� AS� rL� =S� =A� =�� '_�� m�� =�� _�� Ro�
I hb o$� +^�yy o8"u' ryy `o8'y" o8'u" r"� S8"u' xm� 'bm� he'V" y � 08�
� a�� a ,� a�E C � ��E �yy� � � ohs� �JY 'o'6s7e '6Y5e "6u �oY Eo� �ry'y+ I
� // �' koE k�E k � � � fi ��F E k 6 k E k E E ��
i I ? $_Y $ 5 S$Y $ 5 8gY $ T 8 5' 8g> S Y $g5 $$5 $$Y $$5 8g5 $ 5
� ' � � � �
�/ � g. __ :g d6 _e6g$� �s I
�sR�'� BF��� fi .C,.G]]- . �a'1])� '¢ :a��� '•'� ^�.�Sa ��
_ '_ _ �_____ p��—_ -k.. 8 __ _"—
� ` SS
I „•
. T ..
n — — —�- —. _ �— �(N)T
I Y" � �I � �� �`'e'ar ��
� II �aa :na �,��x�a�� Mu �x.o v � �4 �a
�o� { § _ '
£
I` s
r���
i
� °� -- - � �
°� e� a¢ a. �-��
i� ' .I ;� �Fg��€yo�': g�� �=�a�ffi �V k - _ - sa� �ss� - -�a��
�4 cl_' y 5 6� y ¢sg o 6 6a3c3
_ . - a�
!$_ . i"
i� �1�, 6.�P�$ � � � :� "�a8� ^ --
iF r�" � -_ � �-p��� -' '-F� .
� _ � � 54���e - I
. �". �,¢ ,� „s$
� �n p e.� r
e � x - �
5 0 `�Sy ����� y
I 'I � ' a� - s: a:
�
e % fbI i' _ � a* Q-Rxn �.. �PP.
� xa� I i � - v o " •_ ' 1
a
`° r I � ��; � a� �¢F, �g -----� ---- -- L--
W e ""Q . xas� a'�k:yx � � -_$u I
�5 � � ga� � ��ss �s� `a6> �� � A .�q
7 0 , i _ �� .
O� ' '� _ $ _" i '^§ �as€v4 `� .p$�F ` I
�V �€�A�a $� I
��
�
� - - � G �
- � i
— s = -
.^3a
I _ a
_ �
pa '�.�_' � ' s �=g� , _ ��oe3gH g � i
y ���dd _ • - .3ee �
Z -
1" �s �e
- _ 0 X ' I
J ( . -1 " �.� �� �h.�' " =� 4� �I i
� - _.� . e"a 9"d+; $ . y �
I ^I ( _ �" 2 � 6�' R �.
rJ= � _ \ x� :i
� � i _ �i�:_ 'Re§ i
� i@-.'��s 1�- I � ., � Ba �
�&i"5 I / e wa xi ,vi oMe �.��'e��� .
_ _ I
¢.C� I "6 5 AS'� � .�� R>3� 'a� ' � I .
i a ��8cia 3 _ _ �&i"c"s - �e Kii � I
Ib6$6� 'jF�£afaj� �p�e� : e �''a.... " � I ` � "i�p n
`5 8 I
� _ A§� - 0 3 ..
' - �S' F _ �H� I
v c A � __ vSG ��.r€'
I ` I�'3" g� - . _ 1
e _
.
I .a
^_r _V'y.l r na.'�n I � �`�.:f..._.a._..�.-.:j:..�.. 9.�M'da us C'K rt.nwt��w s,a,r.o s����.,- , - �ix..�. r. w� .wre,�x�. j„... _ .r�.. .. . ... 4f:.. , . �
9��\) �
I I ; I
i'9� ,L��HS ��S — 3NI'I H�,LVNi
��N�..'c�.ocsV.auf�N 8 W�of LZOZ 01�fi:aleo�
°'°0 SIONI'I'II `3A02I� 0'IV33IIfl
re/s/s yO1 iviimens oze� �
anox� ,tuawao��e�a QOOM32[OHS �
'o � _
�NISS02I� HOSIH m u �
5 a S P I J O 5 5 V � -
Nt''id 7�,L1'fl,L;l �I�3��a8 g0��lr II
�
3 �3 g � � � � S�
=� � E '� 80
— y =y z � �� €�
� 3 � > � � ��� _ � � �� zE
� r� � s� �, e ��� 's�� q z � m' ��
4�- � �€ mQ �a� y� � � . �o ��
� to _ �G u�4 �� ��o o£ S p r � �4� �`
. _ ��$� $ �' $� �o ��� �^ � � '3 � 5a� `�s
g y �� � ' �� � gp � ;� � � � � �g '�_� ���
z � g ��.�� � �� �� �'�1�8 ��� � i' � � ��� 3 3� g�a �<�'
€ � � g �c�� =� �� �; ��� 3 '"� �' � s ��" 3 ��, ��� ��s
o � w G � �--- � 8� '" pJ� � �� § _ �' �� s �e� ��V
� �� ���� - =� �� G� ��� �� �� ��3 F■����� �o •��
� � ��J3�� $�$ ^ tM Y� �� Y" - �� �� Yk ¢ 3�av_' 7� Y4 ��� 3 5
� r vi gu.m.�C: g___ ��2� _ .., � � v� �„� �_ _ 3 `s3>Y�� n ..
���
.6:1%
�h�L
� $$5
0'9� ,L3�HS ��S — 3NI'I H�,LVW
_� �� � "' _' s�<�3>��ol�zo(� I
� �,�.s �e:.. .� ,a�—�,✓,.¢, .. , ,,.,m ,� ��:._��,��a
a i t 1 �
�i � — . 1-1 i
, ,.. �
� � � fi�° i . �� , � i
� �. : I ' -
����:g � �
� w
� i ;
� , • I � � I
I I . . e�
� �, �,
. � . . , . .. . ' � 1� i
.. .. x 1
I � d _ � , �.� - �-
i _ �a;��s i'i :�
� i ���
I _o�
�
i�� I ��l i �i ;�
f::1 �
� C�>� • �a I �i� i
t I �
I I
.R ._I.. atl� I , ox$ / //� I
I I I .e . Y Im�FgS . I
d^ I
,e' /� I
i I —_ — — — �� I .. � � �-
I � I
-: �
I � / '
_ __ S _a - -'�7` 'd,�.�++3, .
-� [0, � •
:-� _� E� � �), � ,
, -- -'_� — _— __� J]) .
_ _� IF.S. "�Ifl 35'(P)
cn
___�. . ..��e�c'v.i —" �.. �_ C __ !� _—_' o :..M _ —. _
1
._. _
' 4' noo.�.�'xyr. — q'u,
�_'— —._ ___�— O .:,�..,,,�ay.,.� ! — _'.._ _°) _(6)__ _'A_'
—_——-- I ��
' ` __'-- ..-:-_:_ . .. . '� :
__-1____—�— A .
� � (5liwn�r�-�o-awiW I _ _ i_�__
ob'Oa S1H'JI3H NO1JNIlLIH Q�p � �
�-- ----- -- ----- ---- - --- I ------------ - -- -
_� ��E
ed"i
� -- i, � ' ---- -- �-----
I w� '
w�
� o0
�, �I i m
�JNi'�alo� tl )H A Vc�of f202 01VfiiMEo�
•,°° "`•0 SIOIvI'I'II '3AO2I� 0'IVd3RH I
rz/s/s ii ens oz . .
dnoa� .�Nawao�anaa aooMaaoxs o
`JNISS02I� I�IOSIH � �' o
, ssiv»ossv i m n �
NV'id 7021,LN0� NOISOt13 2I'3hid�-I�8 SO�df � " _
$ = �
s g � �= � � $ � � ��� �
— — � s �4: � � � ;oakag� ���� �� � va � � s � c � � n �o� g
�— � ��8�4 ����ws" �=��„ �4��� a" _ � � �' a 4 � � � �,�� -
� �aa�� x ' aoo��Y� �m��= og�ms �� n � o �� � � � �e� e gm_ o
� ��a�e W � � � r� ��m „�� � � mff a �e � �� �N
�s°sn � � �����_� ���'�� y�„�� 4 gg = a � =o �� � a� �� � �_� ��
s��=a = w �
u< � � �-`�m�G �=��z ��_,.� � „g „ � �4 �� � �� �E � �3° o
`;N �a�=� �W o �ogN��m �m��= g�e�� $ �a ? � � o� �a � Q� �� g �'�" 4s
�� e��,a" a� ��a=��� Y£ixag "'����€ � �� a : = a� �� �� g� �y "s ���� zs
� 4 � �"9�y� � � :� Y� � k � 04 �� k � � -�e' ,yo
o � �� � � ���g�� � � g � �§ �"�p� ���u" ��' o= � �a gg � s� � �� _ �_
� � � �3 � � _ � ����� �� k� �.�����g g���` n ��� v � � §� � �a �� �� �a �� 4 ���� ��
� - � r ��� �� �� g� ��s ��- ..a� ���o� � � � g � Gr yw 3 �R k � y- q�
_ � � __�6 p � ,s�u � e� �� _���€��� �3��yQ���o� =� �g gq� �� �� �� y� o �� g �o�� as
0����8n:J�� o �g���� �� �� e��c��' _ - - m �g ��3 �E m �� �� �� �� o �E � 4�e\9s �Y
w 3� - �• •� . +� .a .� o m _ _ _ _ wl _ « .� .
i �__-__ __ _____ __ __ __ __-__-_____�
I /i
I /
I �
I / I
/i
� —I,� �
0 0 « .�..
y - ,�_ ,�,�. o ..__,
_ _— _ __ -
- -- - - - -_� ___ : �-- _;�
O F - � * -
, �� I � t �,h�_ , A / � w�
ol��-� � - � � s _ a� I � ��� �
, \` .
r— ��� r �� : f S� S f �6 ' ti � �� �
_.�i�I j�a � _i � f I f -� ��
I� � � �� 4 � �� ��
e � � � � ✓E
4 I I
I�
li
I� o�.- - i.�2n
_ . I
iP � :i / `� _ � _ � — .
.. � i I . o �.',�.J I— -�— ��— — , _
i
�'� ' ��;� � � I ti 1 ti---
o ,,(� ��
� Q i� .. �� o" 0 �� 4•� �!� � a�S' _F
,���-� I � o o , 4 f ,. I� ���� L" �
� � �i�, : }N � � 1 O
LL
y. � '�
`°4 O II,,' ti � a� . _- ..---� . .-__ ._..-_ _
-^F .- �'I -a� x. � �- �I i. ��
w� °I�y � x��
j O\, �saaSC ' � � W -..O I
sts"aee �
�W '� �, , .�O +�'„%"s8vr 'S __
�g -ii�Ro
1 3 `�`'"
7
� '/ P`B - I
Q� mO •/I la� ' � O $ . 4�i� � z I
ZY �� I
J - -__� �� ._ . � �X _
J I �
y�� ` �\ y` � TI �
�� '* ! . 1 '- 7- �� m ' '�I
�.� � • .O � I ■O�.- ' � ■ 6 _ � � �I
O �� �`I
O ' �` s%��� . ,� �,� � !,'�� r
_ -� �
' � �� � .�� �
��--, �
0
�` �O i � = r
� ' �
� � .. �—� � ��
o *�� & - soo �
;-
��: �� I .. ,a , u . . .. :� �,�, , ..�-.„ ,,. � . ��,�, �'��� .�.,�_ . , �,. _ �._... . �,. ,,. , ,,
� �i ) �I i �,
� ,...f� �' _. �:
I'L� ,L3�HS 3�S — 3�vI'I H�.LdY1i
�]Ni's 1�. V f N A Co�of iZOZ @�V6uFeo� I
•'°c "°"°""°° ° SIONII'II `3A02I� 0'IV33R8 I
CZ/S/6 1tl111Y1Bf1S J2d l � ' '��' ����'�""'
anox� ivawao�anaa aooMaxoxs �
o �
�NISS08� NOSIH � ii �
S3Stl1�OSSV i
nvTa �oxin�o� no�so�a �T31�i3�i�8 gO�Fll j " —
$
s
'�� �
�
� �
Q � �� u � s � s
� � � �� � � � � �
a =
o OOm,���0�� �, � w �
w �
0'�,� ,L3�HS ��S - �N['[ H�.LdW
� r . _
z �� -��.. �,��.�._�. .,,�. ...... ..... .... .�.��� - _ ._ ._���•u
. ,
.,,,�+ �
_� ,�„,i.�. A�, - +_ ,. ..� �.�. . r _
�_,.
, � �r � ��� �
� � � �' � ��r�-�� i
� �,�� � — —
� i � �`—� I
I _ � `� •� q I i
� e �� � � � � s ���s i
� � i
, ; r ` � '�o ,n�� �
__�-;, ��
� � I ��:O � f '� �
�� � � ������,�i �
� � � �
_ �; �.
��
� 0 O - "- ,r
� � ; ° � - � lo '�I�� > ;,
� � �� ��
o � � �����
�a
I p�� I r � r i ��-i�Q ;;
� `�J I
� � R x� � xO / ����� �-
, �.r i I =� `� �i I��
I I - �� � '��� �
x. i a � �
d= ��� �
y� g-;g � °r�� ������ �
�� i �' ���#~ ' IF
-, �� , �
� -�-� i� _
--— �� � ��i' �
r�..a
--�------- — ��s.�
__— �- , �' ,` � ' ooa>>'� zio�s�F) �
�__ - —� ` ,. eac�(u) ��v.� ;r 5 --_}— o�. E�ul'_�9(�)�__ . .
� _ _ v..,�� - -�-^�
� : ::,
� _,� _. _ . �
. ___ _ ___ , ,
, _
' aeoa «3�.,..._,�_.w�, -—O� -—- - - - �-�—--
S1HJI3H NOl°JNIl2ly Q�p �A
I�-- -------- -- -------------�---------------- - ---�
'� � ------------ --� �W �i� ------
w�
� � w� �
i O❑
i � i
m
I i
il I
��Ni's 1. v �H A Ve�o�LLOZ 0146weo�
•,°° "°°a•'°•° SIONII'II `3A02I`J 0'IV3dRH
cz�ve �ir��inens oze�
anoxa ,LN3i1id0'I3A3Q QOOM3210HS o
`JNISSOH� NOSIB I `" F o�
53StlIJOSSd V Z U
n�v�a voi.tuanaaa not,tnT�oa x�ivMwxois �h3��g���j i
�� �- �m � .
s� �-� ��_ °Y;; �: � ' �
�� �4� $�g � iiii Y9 � � Y
�e 3�.� 34� o
� � �
� �`e �K" �q E �y€Na�i �Z i�e I � E
p � £4� F.,�, ��I �',�'. b' �
� �� �' i. ��,� � ��a�a � �&§&�ka'I�''�, � 4 �s�
P� ��� a _ � &`y a a "3 a �a i������::,��� � � �s�
� �tl Y F ���
� g� $� ��� � ���� YpviiirGi � �
g # 5 •
z b� ��kE ��3$8 @ -,
€�� � � t � a�F� .. 7 " �
� � a a � � g
a �r� $ 5� '��� '�d� '����!�� �7 3 a � �
� `�4 � S� � �&�894�&3 '�yy�� �
`�� ` � � {g���$� � �� § � � � �gry � � � � '� � � � 6 � - Y�'����€����� � � � � ;
"z�� � � � "_�"�� � ���� a a � i d � � a I� 9 S � � & £ff E€aH�si544 � 3 . � � � �
e. ��� ��� 6�: � = 6 � �g =.€a��� -�s� '���- ��e�e'r'� g m° _ �$� i $ � 3 �a �=E
�& � `ei� [�� � � €�'x �4��"i ��€� "�� $� g�a�� �y9 g 3 3� �� �� l� � n ���
'.� �� am '�F � � �� �g; �.��t�% �.�� @���e y ��}x� ��� �� � _�a
i'�g £ q �� �' ggaF��� �e'� � �'� °�a��g'�^�� 3 a�` �� � &� � y � � �� ���
��� o�� ��r k-a � � a ���� � 'es �€�"- a� §� �s������.� ���a= �� �� T � �a %�;a� � � w d� mk_
��� �G�� _� e�� � �� �G::� ������ ¢-s� -��"� �d - -° g; ��� � �-a��� a ° '
i �,� �`e��4= €:;a'-_ �� ° �" 4 � �' �v
� �� p € ; � �€` � �k �-� �� �- �— ;� qi�=e'� � �e�
� e r� ���3 P �� �- �'_s� es� � � � �� ��.��� €a�;r � �� �,��.r-���� � � � ;iq � �� ��
ffi �a �3 BC t � . g � 9�� e��g�-��.,� � g � - �e _ ic[K�x��7Is �� � e I S
£gu � a €�, ���§ , a �,aa7 ��� ��� �ti�tl €i� es? �a���S �[ � �z m
-�a A�� ;'i� g� � ���� �pe�s�Y�°!�� "�g�� �a���p �a�s��'��o � �
�-� � � : ���� � � �s i��� s�'€€�E ��'�� � �'i °s'�c��,�� � a y� � g�
��� ��'i -��� 9" �� � � � �� �` � '-€.ar p��� i g�
q�. �� ; H B -_ ��s s s.
q h ���• !4 �` � ��, ���g �� �g�a ffi3 Y� ��'a-t Y.P�Y��" �.,"g �p � ��
E Y � r � a �s�h �`'3V�Y� d ��S �a 6 1�
��- �`y�a ��G@� ���5 " r� �� � ��� ��e���y a�7e� �ffi�Fr= ;.� _��� d�.p "-�� g�a
��� �°eg� Y^' � 9� �� � €�' " �g ����"s�§� e���' Yy.B� - 99=g9:�e �yVqdY � €i� �45� g�
�u� � � ��is sm r� � M� b���� g; er.� g� ��:� : a�-=d � g �� sa
�g� ��9a �_gg °�m� � � � � a�Sp� €��g�{k ae�o3 � �p8a'��yP..� �€ �� a ��� �o-� ��
i a � q�g� E$EC �j� � �� a3g B �a-c �E$ �4�a � ���y�� 5`���e���� �'S€=� s $ a '`�a ca
i .�a , � r ffi � 08 S ��� � ����� e������� ����� . _. o�S�a�� ���� a�@a
�$
}a�� € r °€ �-�sr s � G 3 ���s `��5�ag� �� � `��'a � �.� as �s��P G��°� � � �:,��a�`�
x �' £ '"x�� �' � � � ��. � g�gY k�o�s��4a �g ° �o"s 5 �=s ���'�� ���a � € �'' �•��_
�� _ � ���� Y � o �a � ���� � �� ��' � e g��� pffi
�4 �� 6 `A� � -€r � @� �`ga� k � h g�'q�_ 2-�'s [� g � ����
�"s". � � � �� � 5 � a° 3a� 6 �� . ie c ��' _a� � €e s � =�a_,',`.:
3 $- _���,� �. � � §�F � 7.. � $s- F��. � 6� � � q�� s `r_ � �
�.�� 4 ��s 9 �p.� _ ;�' � � . a_re��_� b� ��g� ��:_ d � a �' �r'' � g �;���`��g�
� g a �_ a� �i 'gm3 �d ss� g �x ���� �gr�� e' r9 �� � °�
a� E€"� ' t r 65Y:g_r :5� ac° Ye 2 �56 � � �a 5 £
r �� � �� - �� �L � �" gk� bsY��t,as � �,�` � ° � �" � ` a �
Fu � �- � 1`- [9� a% 3 "3' i g`_ � r g�G�: �'
�. 6 �� �� �_$q e � �c�'"� 5 � � � � �����°aE� g �a �Y &m 1,$a #' � ����8 '��a�� �s �� ��'.. � s`'§
� �� s� ; @" �g g g �_�- .��' S�'ga � � a ��:� pa �y r�� d -`�� �����§ � �s ; ;�€��'�ff
' � ���� �o � @ e m� � 4 '�'�_ �� ��A P� �� � ��" �u� . 9 a �g s�a�5g=�e�
p g �� �� 3 � g � �€ �s�.��.€� ��� � n a� c a�° � � � �; s�- �a .� Q �.� � � �
�3�� _ � i �`�5� 1� � � � a� �''�s g.' e n Q e � "s �s � �_ v" �`� "k � � �_ n
E� Y �a � �= � � a � � s�3 � u�'g+`@$ ;�g �� r��� �{ °5�a 5:y �S ze � .��ye �=Y g�f,a $�s
k�� � � br� p�s�Y °����a �a S� �" � g4x� 6�o B � ��y � B 9ka R B Y�i�by� � ���� �� �2 fr� -��`$ 4
s �� � � 3 � � �� � �Y.� k - �_ �e � � �e5� �6 �. � €
Y s � Y�€ �� �� -�: �: �s� � �� � � ���V � ��a�r xg4 �d � z �� e�€ � ����gr� € ��bgx� �� �� � ����a��'��
���� ��f g � y = �� �o � � � � � �" � �' ���
p 3 � �� � a � : _ � Y � �� E 3 y� Yiy� � ,a a�� �� � .�� �� s �� g �� �- r��� � � 'a €� �� �� s � s��' �a ;� � ��„��y�
�4iy `d Y �4 n8 5 � � �m a °� y dE�ei-�5g o G g£t �'3 Y Q % .. � � 35�..b' ��eda�rx:
31 v�' �� �_�§��� a� �� � � �'� � t'��� "� �$��"zE� k�� �� s['r 5 �° a��s �r pagy �j "'�3 n�a ¢ �'E� �a^�"� @ g� � e 9� a a� ° '�'g=g°�P
'�'�^^ m �_ � ati � �� ��yp ��`� � �: �� n r s� �� � ,� �� � g � �r�� � ��� ���� � �. � � b �=s-�E =b q� r �� as = ��° 3e
� y �-� ; =a '�� g � 3g � miV¢��' � € y � g y � ak ��Y� ' � s �� : �� Y� �¢ � e� � g sF a
q� ��'�Y� d � �6 � m�3 r�$gs V oa o � �C Y< � � E�3€�� � _d:�G�eL �.4� �'1 _..�.. E:�S� _..� "a� _..... � �N� ?'e� _ _.... `��$e _ V ��6$44 Y £� � ��8�@k���°
I��d�€ � r� �x�. tt�e � �-��� �o r� x r �� �1 s g���� .
'���s� _ � ..
� � i y n : 7 � 3 � � � � ' � � �4 �
� I P =_ � H n � � � � � � i 'i ' � � a g N § ��
� � � � � � ■ x � : e e � Ep � � �E � � e ,. � � F � � `� �: a
� � � � � . � :�
� 3 # y � Ba 5 � � g � � 3 3 5 3 �s a � 5� � � � s � n v n � a 3 a � `� �� 3� a
� � - � � �n o � _ � � � � � �� �; �� �; .� o � a� � d; � _ � � � _ � s � - � �ff �� �� -�
Ui3Mfitl3d X X X X X X X X X X X X X X X X X X X X X X X X 6 X X X X X X X X �C
HL X X X X X z X X X X X X X X X X X X X X X X X X X X X X X X X X X X X X
� � � �"� �3 �k y � 4 e � � � �' 86 � � � � � � � � n � � 6 E �
�6 � S sW � s a� 6 i i y
� gF� � � $ E E �i p �e b 3 � � E � � �
n � p�`'a a b�> �� g� � � � � � Y5� � -E o �� � � � � �� � g a & � � i
w ..� `bu� .,�Y 'F" �� Y a d� YF � '� � $ Y e e Y � � `4i � � � �
� �q �� s���� � a� �` � � � � �� �a � �� � �s� � � � � y � � � � � � � � � . g �. _ � G
� �` � �y��i � �� �� �� � � � ff � �P � sg� a � � � �� � g a � m � � a � � � � e � �
� �'s Em �a F�� �� �- � � � � �3 �: �> �Se Y s $g. � g � � e g $ � a � Z 8 ; @ '� � o
� �g rs G�aep k �' d' �� E p� k� � - � ii� 3 n � � �� � 9 � ° a ? � I = € y e ' t � �
�� � �� �' � � �' � 4� �� �:: < :c `z_- a o. � y � � g -
8 �s s= �'� aq a �� � �� &ff _ o � &4 e� �� �g c< a � 9 � � s � , 4 � � a
;� �a �r��r� ' ��m����y �a � �z �� �� �� -F �a��� a n� €� Y` �� �e �� e � r � � � � �. g � � � � � � � �
@ � a , e a
�> �� 1v eF� � ����.a�: g� e �� x� s� �" �" ����a � �a �g �a €� �� �€ s �� € � � ' s � �9 � Q s� s � � � s �
^� O O O O O O O O O O O O O O O � O OO O O O O O O O O O O � � O O O O O O OO O O O O@
3,eh�,a� x x x x x x x x x x x x x
� i y y � � � f
� A . $ T Y
� R
� � � � � y � � � �° � � � � � � � � � � � � „ c � � � �€ � � � � � � �
� � & � � 4 � € � � € �e m e - § � �° � e 6 � � � n s � �' ?� � � 3 u d @ a � & n 3 �
�p� �€ �� Q � � "c ;�' w�' �a � �a W�
��� �� '�� � . �� � � W� � �o ��
��rvi�:��. v �H A aoor caoz m ws,�+eo�
•,°0 •"•0 SIONI'I7I `3A02I� 01V33RH
cz/s/s iiWens oze�
iri
anox� ivawaoZanaa aooMaxoxs o �
JNISSON� NOSIH s a i v��o s s v � z °'
Nv�a uot,tN�naxa n�olin�r[oa a�,tvbwxois 2�3t�i3�i�' gO��f '' U
� Y
�� €�� � � 9 � � � � � �F� i
e� 4
'�� ��S 4 g � � � .i I I I EP
��� � '§ � - � t � � � �
� J� I
� � � gg =
E � � � i ``` `\\1 ``� �'� � �� �'� �'
i 5 a i � � �� _� eg
43 y s � L i �
F� � � _ ° ' � 8. � ���r �.
g� i g ��� � r� � ° �� �g'3�"
§� � �� � � ����°3 ��t� �6�8�� ,
y�� � �� � ;��gg �&A xG' ���� ��
s`� �'�,§� 3�� � � . .. �'�t6 � ��
��� ���y��� — �=E a � � � ��€F� =g
� ��� � x
s��„� � ,
�� _ ^ �� � � m � �� � � � I � -
�=G€��€�a �
'p 3 9� '9 3 ' � e 6—I
:���� � � LL �� �n
��o� � ; � �� �, � -`�
�'���� �k � _ � �
��3�€� �� � :�� ; q � w - # s �� ��� ��:
g�� '�.e ..RF�`a� � z d5 E' y _ =[g �" c��. �
- -- - �� ��� '���s�� ���� � �� � V� ¢ �g� �� � ��
� . ,�� � :€���p�a ��W�� ��p �m �€ �°" ��� ��
�g .j j. �8� =�€�:oGr ":F:H og� �& �ff �
° .I j I. �v eu :'c�€�ce ��a � �ye �� Ir—'.:"� ��$ �� .
c',�� �du� ��:�a �ae ��" � _ �Gc s= �� g �6 3
�e�' Ee� ����g= �a���� 3 6E` � $�� q�„ �
��s _ � �=$��s�� ������ � m� � �� � � i
g i ae € ° 2
�P� � -��- � �ee � �
��'t g��$�d s ag"�u�� �e �+�,$ d$ , � € : e6 " � �a §
- -- 6 a #€�as��'e �-�Fin a e;g `s�m 9g � �ei ��� �'c
- � p '
� .hA.s `r �m�
a � - - `� Y� y�� F,
h� . - .
.II�—,,-�I� - ,�Ag° � g��e k e�� ` _Y
:°8� a��,�-. �_�� � _ ��� ;�� =� I
S3y� �F ��-p- rF�nr� � �Ei y'� L ��g�&�: f . ,
59es �zgiyg 36g #_'� [ H'g py tlG's[ p�F-c
I O � ���� M1:S�B�b4 ��d�u8 Y� aE,� �!f O ��YS�u3'r�:O .._ � 6 O
I %-�� � ..• c
` � ' _ soe' r..., i s
� - i— � ' ��.
� °�Ieg �� �(i. a �!
,'? :Z', L� ZI
�
�-- �: 1
�ae � (�J m
., I
IfE / � N i.�.�:k �� _ I; _ ��
/ _ _
�• �t �
5 ��'' I
_ �8% � ui
P�
:i 9
a
_ _ "p,.
I�I G i III
a- g - -
' i^;7i" �
E� z 's�aog — i
�� � ' „ "Y � °:�;�O � ' `�¢_s
pFad
I `t ;E - 'ap is
'�.gF€�" _ _ _ - _ ' u� .o� ug £o �� Pt' Ysa ��tli
_ _ �'� �'M ° �" ^s�`Y` 1
a��i�i� e � o;m ;, :_ �
%e
� .F", Z
I�2z=_ R 4 R R A - _ o�� a� � _ a�i�:g �°,1i �I
e/' � :dY""�" :1� �
_ €6P 1 � ^ �bd,V.6'q�e
_ `�C^ $ • " -. 429 � -:6pa.'�1��� '�,II
b€ E — �x �I Y `•:?t86g�e:
{�_ " _ g e� L - .1 L�e�bY=64
� ��€- - - - � O ;� � Vea �� `�.N�&�mS;l sRdzl
- `= ;L
���=- -
"Jn'i'salo� tl 1 N A 9 of f202��46i�(Eo,�, �
I
l
•,°0 "°"a","0 SIONI'I'II '$A02[`J 0'IVd3IIfl
czisis �r.,��.ens�ze�
dR02I� ,LN3PId07HA3Q QOOM3HOHS o
�NISS02i� NOSIH '� � �
531dIDO55Y � � z �
s�rviaa 2T3Pt3�I IB gO�Kf �
€
r � �Y � g f�� � L�o� s �� � t �E a�
� �� ��� � ���' �— s �a � ` � y� �S� 8 �� � &� ��
`� 9�„ S�a G ����' �� � �� � N ��i € 8� � � 2� d�ff � ��
� �vY �'� a 6�� � $� � e � �& � "uA 3d � y� 3�
a� �: G'�F E�� d � — `�� z �� �a
cs ? �� � r �� � � ,� „� €�
� �� � �� � 3 == I� �E �� —
_ ��nj = _ -----_____�____� - � — � � ���� .��Y� �
� °� � ' � ��� m c, �e� ;� �n���
" �o �sp��� — �� � ���� 0 1 �r�.� —
op - ��a��
~� d�cg � I �§�m d y:g�b
��€� eee° °eva s� a �;���
�" �_ �:--.r ��r�� g � �xe^
� � h; �� � � b� �� �� �� �! �
�4� �� � �� ��� � �� °� �4� �� � �� ���_ � o� °� ��� ��� ��� �� G�� �
��� 5� �_�- � �: �� _ � pp�o a c� _ �� ��� ��: ' _
� . � ��� �8 g� �_� � _ �=fa� �� es �! Q ��� �.. 7'�r a�� � �
—i § �� �� g � - -�a
J���E� ���� 5 �_�E' ����� �¢ 4�� ��� �i
/ ��� �� s� ' -
- � �` w
/ Si "`[
� �
. - ���3 :F`z ����g :fr`a 9 y�
� s � - � � ��
o!i i-8 � bt
� 9��� €�: �"--� g�� a� a�'� _
r � . ���£�5 7ii �
_.. " .E .� � p�� I �"y E :£ — I ��a g�o5a'e� .
y� c� ��3x ��Y i� � ' I �� y���i ��b � I � y�3�-_" �
�_ �� '.y �,�� �8 3g ���_�s f L=s �ya�� �8� �� e�F �3a�ii 3
-4 �8 0 C g
y � �88
� �z�.3� � — �9 :{�5'Sz��3� d �E� S� E
_ _ ���� - �'fy s �� pSy � � g ..
�;,pa ��'�a � �� ��� �� �E �� �
�.�����- �s �y.�� � � - � ��_
- � � ��^€a;�� - � -��a��a�� �y���_, 'I
�
g�� � :� � � e ' �
e § 5= �� �. "€ � � �g- � §` -
e �34 �"t�5 - 3yg& • C
��� ��` y� � e a ``€� I ��
� F
_ 5 � ' �,:r � 6_
Y�ga ��� � � ..= 3 � �a @�
, "§� - � y _ @5� -
e � �,
II - - ------ - �� _ •- ' €'Y
� i �Q� + 1+ �� - 1 �� -
��� e .. �8
= °� ��4s e�'
re g � �'� ��L aii`� � � �€fr ��
� gE.,; �iER g�g � sa e �� g€� _
� `�3�� � 8 �� , '3 e�� ���� a �� i �g� Sg s
� - � �== ��
��� ' �� ����� ��� �p� ��i
- � �
€ � �
' � � � e
� ' ��
f � �
�� ; � ° � �€ '
-- �~ a � � �� � �� � i
� � � �p �
:. . „ I
�� ' � y�� �y � � � �� � ¥ ;
�� I �� ��� �g �
I S �Q �Y i =
� � �n �. r.
d-��-� �
� ���ti�m `t:s `-k',
�� � � a KG �� -
a���; �� $���� �d o
_ � _ �
r „: � ���� �� ���� �� ,,
I ��� �.o-�r ai j e�p� � a��� � w
I ��� �� � � 3
, � � i`� � �
'i __. ; '� 9' s �
� g g �
� 8q W °� f t- °�- � �
��
e� 9 �' ��m � �i � ' ��
E �
�Sg� S �" � i 1�
��� ` �� � e � y � �.� �a"
� o�
x = L' �p
�`tia i ��
� � �' J,I� ��� _
�.tl� � �=�
- a - t_L �" s
� s, - " ���
'JNi'celo� tl IaH A Vo�o�f202 @ lY6�a1Eo�
•,°0 "°"°'•"°o SIONI'ITI `3A02[`J 0'IV33:lfl I
fZ/S/6' 1v111w8f1S�2d�l ��� � ��
anoa� iN�wao�anaa aoo,��xoxs o � ^
�uISSOH� NOSiH ' '� E,; a;
�4, U z �
S7IV,L3Q 2l�fi.'p�."--: �"`r� €�O�Kf '�� �
i
�'1� i ff� b < << '� tt C Y ,� �, ����
4 � �
� i � ' � �
P i 1 � �
� �� �6 t i�ly ,�� � i �,if h 6 } �!� �� i e �
; -t� . _ � • F iN ' E�
j: ` � ! ItSiRt.��. � :_� y�r5� .. ��� —
� � � ' � �I, � �..,F� ...I.' § '�i' . 6 � .t
� s ��� ���:i �� �� �11(il i ��iq �; � ��ilii� � % � � _
Ei �, �.�'4 ��' _-�1 ; .��i,3 '�.�- � _ oe
. i
a .
j� �k �-y t �; ;I ��:l.�� _. -,
.',i ii a J �j :�If I� 3 i�" C, — '+ i � � i
Y�_. �
1=1�� r, I �' E� +� _
_ s t— , - . . . .— —
— J
. ��.'%, k . . I
�I � r, . . . ,f
� � �� .
�� � t .� �� . �� �^� `�J'�' s
I 'f . � ���,; .,,
, � �: ;i' r i
�
,,.
.
. �,
� '
i __ �<,, � �� -- , �—�� _ � ��;, �
_. � ;6�� �- b` i l� ;; II �'r: ii '.,
_ '� " - I :I '; ;
sr
r: ' ,
'� _,.� : tl �. gi, � : � II I t �..
� E ��'��� p;: � �' � ___ 1� —. i �i
_ ��. � � �I� `�l� �� r " , +-i r �F
. �'
1 �i
` °� t I
k. � �
Y.� , � �� � �F � � �� � � �� � � i `����� .� , �
� -' —� � � � ��� : � � t+ � � as �
�� I� � ., it�1
' i f � �� � �t,f� �� . i�' F,i�
'� �f
.: � '
J ,� H.
I
,,'„'3 ���=��� f�';:� .�, f� ,`.i I�°; c
_ - ___ . r;
� __ _ __-=
i , , !
t��� � � It� � �� �s ��' � _ �{ ���'� �,
'�' �� .
'—\� r�, �t II �.l� . � �� � . +I . : � � � �� c & �
� I � _;�� � �� � � � � � �a ���� � �. . �I � g� �
.tis�i '��.� � t €�
(( . s
�,��. ' � � � � � � ,; e
� , — � � �1
�_ � � � � � �:
` �� fi �� ,�'' �� � �� � � , ; ;;�( �
iE { , � _ � �� E t' ta I I� ;.
�
� — � � —
� t�, — i�
I •
—- .I . r� � '.. �, ' � ~`—
� �'� . i k��. Qlq
I r h� � � 3: 4.. !
!. �e: i .o li � " � ' E''�,
Ea t ,� ` � � , �, �Ia
�\
� � ' .� �; sIE� +i;� � ��� �� � � i,� .
�qtc �.i `�� � d7i
\� � { r �' til � , � � � � '. ��
. . �� ' .� 1 �� '� � � __ - t
� �, � � � �� � � � _,.
„'�� � � � , �
., � � , ;; �j � � ,�--,� .. �—
. .� i I ! a .i�ji - 1:�� , . �.-.
��- - ��` _i-�S 14 ;� � E �'�. __ �'r
�,
;,
- _ __ � E� .� ¢ � � '�
t ,d ��
�3 .., -. . ; . . :c a 'a!
�9
i,� �� . � � � .
! � _ _ � ___ � — --- —_ __
_L '� ;,3 �� "s ;;,��� }!:��; �� � ' ����i � ,; �� �� �
i �L ' ,�� 1 `'"�I:I,�se � ,! � ! � �� � �
� � � � 6 � g ;� � �
"��^ �/ ' V�' � 11. i:t: _ � ..., { �4 i�i
I3.\ n \ � � . 1 �� ..- itt I
'� i. r E� � � � € i
�g �-' '�'�� � � i4 t �t #E�I ;Ij , � II �lt� �
�� s
�, l t : a�'�° ;',� El�f '>� `' - _- �, _ , �,�
- �
�`` ' � �� . � '
, �
. . `- ..�� �...... . � f 1; � _ ' _ -__ '�! �
I s� i, �--� � �.� � ��
I�I �'� � Itl �{" t ' i j� f� � 9
. . I . � �i �� i
, , �� S
. 'I
. I ��
. -
�� f � �1
r�_.,_,.._ ; � _ �II '. { ;-' ¢ ._ `�� . : 1! f: '
��If iii . {;f ���,�� � I
�f � {i:
�� � �� '' ,�l . I
�_ ".� I f� ���� i i ;� �. 1 � � � I
�t � '
�
� � 'I �r� .�i �. J: r� rc .� i
T �
� I � � i �}�` �� I r �1i ,sP �� °� ,..- , �
I e � � � '� fl'� . ! t .- i� � � I � i f�
! ���! i,. ^ _j r ., _
,,. p IF�� t ;,' I _ �
� —t € � �!�-�(�{� � � �,- '
' 1 �� � f!t! f� � " � �� � � �
x � �. 1f ,z.,.:n� �� I
' ���� �r �� '� I ��i �:�w � _ ._ , .��'� EE.9'�i.
�
��Ni'ca�o��ocstl�au�eH A Va�ef f202 01�fi�attlo�
•,°0 °""•0 SIONI'I'II `3A02I� 01d33Rfl I
�zisis ���,«��rvaos�zd�
dllOtl� ,LN3T1d0'I3A3Q QOOM32IOHS o �
�NiS5021� I�iOSIH ,�, I m E.: o�,'
I C7 Z U
S7IV,L3Q ��``m� s�P 't ��;���3�
'! €��� ' �� �' � ' � �~ 9
�a � ; , �m � �., a F� �
'' ;. . — =I; � j ��CODJIT, s ��I ,� '
� � ,, � � - a���ono� � ����r'��
�IIt f `i t ��I .-.1 � �' oO�Uo_ - � i � �'?� irl�,�
�t, ;4 � 9Fs= � I{�I� �,I. ft , G�L��" fy`���f `��" � II�:[
��a " �,�
i� � � �
I i� } j i .�i� ; I' � ,�, ��..._
� i���,�s 6„�i�� �I �..: ., '
, x .��I �,�t �
�� � ' �' _ � __.
, , . .
�
_ ,
� _ �, ,:�
,
� , . �— ,
' � � �._� �a ;
:
' � � , ` � ' � ' � � � „ � , -
E�rc.t; ' � t � � �
rt �i��� ,�, .i �� a'' ' i'
� -- ��`��'•_ -- ' �� I �I' � �� ����-
:� .
j
�� i
! � E E
�
I��,l�, �il� � - I ��;
�
III7.� f 4 � I�� .
. ._. y.l Rf al'if� I ,� fl f_
. ..__. --_.____ .
_ _.. . . .___- . , ______--.—_ —'—__ ._ ..
E �' .6
, ��'o �� o � � s
�a Ij �a I — ; ; �
.�: _ �— — ���� � �
' , -�� �_ , ' I �
,� I� � I I � , +� � =/ ; ,
,� : �-+� -;:�' . � � f . �
�, _.� ld
- ' sr f` . : . � � �
' " ,ci � ' � ,:t� :N ,; ,��
;6t: � �,,`
� �
�• � !; ��i
- .�r � � --
r
_ , � r � ,
,�, � , �
� ,*j,- I� �' � t :i . ��' ....._ � ';
' ._ . t. -. �. '„ � '
_� .. � .� . ': I .
i �
✓/� \\ � �`� �< I 1 F �
� ���X' �r ��� ,.y 1 � � ��
=�i! '� �,,�' �� � t
� � I
,r ,
„ �
_ � ,
� . � ,
- .
• •` ^ ' -
, � , ., �
�I �
f; �.�� ; i< �� '', � �'
r�r-: �� — �
� , ,� � - � ,
� ,;.
1�'° ��l a," � � I°c1;
�
� , ;
_._._ 'r�� �� ���:
I —'k � -- � , �y � � , � __ __',-� �s
,,. ' �� � :: ' � �� � � � �'
�_ � �
, , ; �a �� � , �a , �
�E� � � I .E� j'
�� 1: � .i �, . , _ � -.
{' ( ' �. "' � 1 . � _ �
1 t` � . � . �F.� �� � '
'T— . ! . - �g !!':I' � f .f�, �' ii : � 7 i�.'
' � � R 'i ��li i t[ili �r` ��, _1�� g; I rn!i , '�i
�� t I, {' ,rP f ! Fe, ';�Y lal'I�- �L'J�� la
,�` i � �� � P 1� � -f?' ..-�� �` �
i
:/ _
��...� � _ ���
•�1�
„ �j S ���,E
��r. I�T `I\�/ F � 4 i 1�1�! I� �.�\�, �� '� !
;� - - � � ! ��;� s�'� ' � ' ��i` ,..- � '�' T�
_�
P � '
� � _��: e ���.;��' '�,� .E �; � � ,'��«� . �
, — — -�- � (t; �iF I E .,. - " `-"`' � ' � I: 4����,
���.��,G �. �rn. . �t_ �
i;� _ ! � � „ � i� � -- � . , „ �I �� � � ��� �
� ` �
�
0 B,�'� f 0��0 8 [ ? � ��� � V G:9 I�`E z ' � I�� ��, - . . �
I: p S�.� —
t— � ~ 1
i ,� i p �j k
� r— k �� �
I'��� ��'� �� '� �_� --- _ :�'L� ,�,� "'*T. �p�!'.
,
.:':- ,�Y.. ry '^"_w ' .,� ,. i;','
' ____ _•____. _.'-:. . __ ._., . .
. . - ., '�,.. .. i;;
��rvi'sa�oi�ozsy.au�aH q po�o�f20Z m1V6�aiEo�
•'°c °",`•0 SIOAII'I'II `3A02[`J 0'IV.�.$i7fl I
ez/s/s ��iviiiwens oza�
anou� ivawaoZanaa aooMaaoxs o
�NI5508� NOSIH '�' � �
s�1tlI�O55tl � z �
s�iviaa 2T3t�i3�II� gO�F�f 'I
_ _-
� �I � �,; F� � : s ! ` , ���� I �����
�r . g h , : g � ��o� � � ��°
-% � � � r '[ 1 a �e�� �� ;i � $�g�
v1 �iE !�� �� a s��� � . ;�:s f t= �� �€�7� �
��re s � �� ���� � � ' �.�- �o �5����
� � . si i� o � , j � �€
�'���•I � �' ���_ !� � �gs` y 1 � t ,+ _ z k��fr��e
/I€�I00 � ft�il a�i �� "- j� �_ �� m � � ` l ...�� �
�'OOBO�E[I�9������ �i r � "' r� i a;_��i � �� �� , �°�� z i .<��E ��� ��.� o
�OVINdlGI�B0�0�0; . ;� ,.�,� �! �� ��;' z�:� ;S i: ��g� w �. , � � Q
00101�1��' �� ' � �t ?( �s i E r3 � � m
. ..r a. ��r ; �5+� BS �a� ���� �, �'i �i%K a ,
r :;t 1 .r E�" y> �.. - � ,
�} ,, � �^,� t j� ���= d . p = N ,!
,w.;r i°_'�� _T I � � z �o i:
,
; i e
�� g� , � . ; m �°' �
/, �,
\{ —Ci � ' �+��I� � I _
r�� — _
�� —� ; `-.
•'' ` I �{ � I� i ,s� �t � a �� f:
ii � - ,€ � �. � tF If� l f e E �. 6 `. .
- ts � :E t� E'� • 4- `'
� � . ,� . ,.
/ ��
I �,�., :e�� 1P . . t
. � � �s 1 1} � ¢� � t; .� ��
` � SI j$�k E � f t�1 1 O ' �, \
���. � "
1 � a
� � � � i� � - j �� p 1 I)� / �r. r
� I, �?� �I ! � � � i : � � , ���ij� � �� �`, s y � z �� ,�� ��" �w
� � � � q I E � y l S
� �' �I i� t c m ..1 >`f � �.
, �
� �t ��
.� ����(i� � �°�.r!.�,I.��� � �.�.�' � '� w ��� ��� ��7
. � v €;
. X � � "
- - -- " ' r V :
� �\� � �
e I A '�+ . ..F � v i�i�fl��2f.�
J
i � � � 'i �
S y � [ �'�,.,t : } � � � �� .>
�_ � '!I�� ' '�i '� ��t �! s� a
e ., ,
'' �� �
,
:
� % - ' - -- ____ -- -_
� ., � � �
-y'1"`� � / 1 : . , 6 .
/ " .: � ' , �' E�
( , t t � `.�', t
3 F 1� �
�E'� � � � �f �j� f i i� i i i ..T� �o
f � . ' o S i . S i E 4 ! I ,� �
F
�� o.„ �3 x �1` � Pt � � �� �� tt � � � �-,. _ _ w
�4 (- ( �3 il F € .�E ;j �4 Z / ��'i �' ,'�e�,� '��.Z
� � ��� - i.i s � � �� I s , � � ��.-�J� 1 ;Fw a
�� � 3 "� F :�F' ��Fl € t} p Si ; m ��.,� � f
� � "E��a ��y� (a.Elf , ris,�1 �i12'tR�':9i e EatC fEIS.�SSt�. � ... w �J ��j.��'ji ..� w
I��� . ��s - � �� � � �`��+ �'��� �
� � i - !'':t �� j la �, � 3 �� �,'X� I� �,� >
\.. ! ' � �.'.. .. .... ... ... ..F. t . - .�. �g �T r�
iz ¢, ¢
� vQt O
' .' i. i
. �.
; ��'�.. - tt � s s .o
/ e _
/g �a �§`'
u�_ gg "s�
-�� g '
� � �� k I F —� ��.'�
-- � � , r� �
� � � � � I o r�r1 r rr� w
Z "
' � � � I m �C� `�`� o
: � � : �i �� � x ��� ���� E
; _ _ ,,,
; ..
� . ' � o I, w "i�� r i ld ;4_ ' :.: �
4 �
o . � � 4 I { .�i/ W
Tt �
� N N
f.�
` g�� s . g� � oF`-
�T � � ��
�� � -
�,' � - �E �t�� �
���`I� �Y I '
�e�ai �� � ' ;��
� �E �� i �� � ��=
Fvye� � �� I i ��� - i
� '� �:"�� � ��y � I
I I ^���� � I G�F ���
q��� g44�� ���� I �
�a�a ����.�
�g�Y � �¢ . �� � _
�'s
��5 I � �` ����
��a � �I8� �I
C� � 5 J
£ ��� �S`% I
6
�� �e 3S�;9
�
'Jrvi'c 1.ocsb�a�eH A 9a�o�fZOL 01V6u1Co�
°,°` °iac•0 SIONIT'II `3A02I� 0'IV33Rfl
cz/s/s ��iviiiwens oza� � ��� ��
anoa� iu�wao�anaa aooMaxoxs
o �;
9NISSON� NOSIH '�' �
ssirr�ossv �+. � z Q'
S7Id,L3Q ��3�-1� g���r ; "'��M c�
____— __...... ...___ ____ gl -..
. � � -- u ._... ___. ._
�[�e �'�, __ � �.e
3g�t I ��� �`� � � �
���a I �� �
'_'�O��,O
i �
}�F� � �� ,
� ,� = .� ��� «,� i�
„_L�j� I
` � n
;
_ 'Tf I .I -.-�. . -_,.-.�,:.,_F
i 5
I1. � �
{
� �E Y
�Y _ ��kL � p� :'� �
��..4�I I � - _-
o:a �;�� -
o�o .ry�� �
�
+��� ,4_ - _
�
� .
. � �t� .� � � �,
�� ���. ; ` �� _. ,�
_ �
�,,; �
01. °R�'e . .. . le
� � ,���'- �� !
���i: i
��"i:' i ��E E� �
dl` �— I � _
F
f I � �'�
��
r�� ��i. .. . ..
i '����� � �� I� . .
J I'II` I �:��f �� _ . . .. . .
'�'l ���'�il .. . ... _ .
��I� ._� � .. . __. .
„_�
_, �.
��,�..�: . . .. ...__"__".
� �� . . . .. . .....
I I~..i
�� _. � il ��...��� �:�1 . �
�. i �� r'"' o
I i� s ,r o --- cs's
0:� ,� - -� � _ --� � �. I
J�
' ;, . _ o .-�._.
;,; ,� -
Q,Q N- o ` "
; �I ?: <<� m � i
— t— �-Y-� i
_ _
.
� �,
�� �
� �
`�'
� x ' Y :
i i ��� ,�
�,�
' __J`
� '
�
� � i
� � � " I
i � ' ���4 `'j !
I; � ,:�.,�;,., �� I
� I. �
��
I '
I � I�
' II ,, __,
_ �
�
- �.
II __— _ '
�Jrvi'sa�o,a tl )�H A Vo�of fZOZ�1V6�JUo� ,
I
°'°° ""w SIONII'II `3A02[� 0'Id33IIH �
a�s�a i .i ens oze�i . . .. .
d10N� ,LN3YVd0'I3A�4 QOOM32IOHS o �
� �
9NISSOfl� NOSIH s s i v t�o s s e I� v z �
SNOI,LV�I3I�8dS Qf�V S3,LON 'Id2I3:V3� ��3��� $���''f
�����F �g � c °gar € = F#: id �� =� _ � �i ' Fh =�E e�Y�x q$ � s g a - aa � � n� �4�-s� € �g- ag 5s�
���?E� Fy � � 8�� � ` ��a s� e� 1M � y�s ����3 �aga ����� � d S' �� � 3 ° �' �� e ! � � p � g����� � ��� b S��
��o��� ��� � ": -e g4 p �io� �� � '€' ��� ° � � a� ; � $° �� = � � �m�Y� y � � ���
€3���• � i �' � a; �tyg r��- g�eY . �6-�g 3 � F� y � F�4 c�7gr_ � g�
g�a 5 � � 94 ' ��.�, �� 1 �� 6 "���, ,� :�.� � $_e� _ � b y � #.� � � a � � �,do�� � �x� � °-€
,��e ="� � � � "e g F �y �E5i4� �-5 x � �g s � " , �
�, & r a �` �S �ar� S O � � g Y �_� � 8 ¢ � �c `s�s g�
m�' a § � a Y� �_ � � ec 0� _ y=�- � 5,. �4 �' �e" � €�
�n ��� � �� 3 r ��.r 8 '� ��� �P' �� °�� �� ��y=a ���e�V �:� o���a� � � �s � � � ��� �3 � � � & g g���� �� e�� g ��a
¢ � �_ �e . �� . e °� e f � �'�r sEs $�z �»e >9 5 { �_ � ��� y z �� P E- u F $. �' b � �`6I�� ffi� p �=�
W d'�a_� �'��� � ��' m � �� .�9E � bb., �Y �k�9� W �� � 4` � � a�' � 8„��' y � ��-
W �ze��- �� � � ��� u�s� �� . � � :�s � 9a_ �� = ���� � e_ � ��xe s �� � � �� 6 � � � a_ a 4�Y e=�
� §���_�� �€ �� ro � a a `s� ' - e� ° �` �. 3 r�s�� � ��- -� g -� u�� �� � �� �. � � _�� 4��a�o �� ne� � ��
�'F'z�., � � _ Y t �•Y '&� a� ���T �� • € R�' W c� � ��k ' � �o�e Se �- Y
y _d��o-��� �` a - �� � :m� ��� 8� m €_ 'x� e�� 8x N �= 3 a � m� �,��' m =� �.. �4� � €��x��ffi �a �� U��
� � ���@ �. � c� e � a �- s �� ffi � �r� �t � ���s e�p �, o g' � ��� � s� ��� a�� � ' � a� ff � a�`� g � � �
,. =�e;� � � � � �d i � � o� � ;�� s= � @,�s =�-'ro - ��re��
_ ����-q o� e��� ��-� �r � �_ � � �� ;'� p - � Q y� �°� �� � m � ° � 's $� � � ��'�e �= ��N � '�x
� gg g-eb � n„, � � 7 3 � �> �� �� �$S� s
-E�' S�e 's= � E . e e: � � 31 s�# o� e e, �� §e" ' � � ��'� d3E��� z : �5 ��c g � ��, ��u �- g� € s @� g �g.=��'� �ffi � �� �.c
� a����q� �� � �� �� �y ��aat �; � �� �!}�3 $3Y� ��� ��: �m ����� s$���� ��: ������ Q g� �a ��� �� � �� ��r ��� �a@g �$E � �� ��� � �sa���� �� ��s. �� �g�
a�
4� ` � � �M � 8� � E 3� E� � � � �u FY � �� W � B Fy @
�� ��76 § � �� �� � �a� �; � a@ �e �a �� � � "� ��e°�� �[� ab��e � �q � �� �� �� �� k'� '�� � s ' �� ��'� � ���� � °e s�� g° ��i
�_�"_�� �� � g� g ga�� i� � s 6 � sr� � �'� �� a�g6. �na� ��s� � o g �, ��� aa � -e �g � s a �€�> �' � � €_ � ��-.
ag "g�• �.s �� �.� � , �� 5��. �xr �� y � f'�-"� �`��� � 6a g� �a� € ��- �,5� � � �� � � �� e � �E �ae�
e=�ds�� �.a � a� a� g eF�: .s 4 r� �e�6 :T� a�� ��� 4� >ak�� ����1- ���� ��m�.� �� m *65 a� �� r� s�� .�� a� r� � m� .�� � r���s�� :a ���m a� �_��
. � � . r n � e a - _ - - - - - - - - - � � _ h a � e a - - - - - - - - �'"�
� y� � gY� s = 'a € �s� � g � e r : apbr, .Is t_ �
'S 3 � � ! d s `��`s ,� E 5�"x Y�`'g�� �� � a 's � � ,. € C 3 �rr@ �r� � �
-�� ea� m ���� €��� ���: � � �� e. � ��- ss� �-tt � � � � � a 3_�� ��r�.E� � ,� �
� g�� _�� ; �e: y;�� ���� � � �5 a� y � �� ����� f� s �s s�� � "s� � � �. ° a��� ��';a,� ���� Y ���
'�ao :no ��_8 €s@L � r � �� n � Y tis[ ga� � 7� a� �� ` € . ! �' S. s" �s
� ; � � s � - -_ � . s, ��� € e� s � ��� . �? a �� ��a -- g� �� � �o .��'� 5�'� � $,�
W ��. s�� : ��s' ;��c= �'�P � � �� e� �� x j � ����. :� �� :�� � .� �� y � ���� e������ ��6 � ��'�
a g��� "�� � ��mp Y �°�� ��,%� 4a �i � �� �� � = ��✓ ��3'€ �a �� 3� x� �� �_ �f � g � � �� � � ���Y � ���
W Fff � � tY � S 3 �� �. � en� nS�jV .� .. $Z T YY W `� �E � �� � �b:�� �����'ri �
� � �� � s= y ' � . � � ' �� y �-�°e ����
` �g� ��a � £se� � i = p � � � � c .��� �a �` ;o ug �' x 3 ° � a =� � �-s S�gP�'�� �a'��
$ e�� � &8�_ � �' �G � r� @ � it ��FS�g � a- ;� � fu �$ � 8e � '° �� �n& � � 5a-'
o ��� €� �=ps � ��s� ���� � � � �s3 , - � �°� ;�j��e p=g �£ ��' � '� a, � � ���- � ����� ����+ y€ �a��
` �gg� ��� � K�'2�' �+ A � �� g� �� £ 3 � e� Y �a�c�'y. €a �� CY�g �' � z� ^ = S 5 �S4`"3 � i 3 : e
e� 9 n F� �'" i�,� �3 g � 6 � �'. 3 �y�' 30-.
�- � � 9 �y @ � am��a d � ° � �"g£ ro.q ��` m s �' a � �� §� a ��•a s � � � � ���
s :' �.° � � . � �: `��„ �� p 5 �� � 9r c&Y a- � mr _k, 9r � d �' = S � m ,��1€ ��'a
� ��a s ° � p � d ++" �� 9 � _ �' e � �� �� �E 9- s�� €' m �€ P � gi �„ �s ''v'�3 "� "ag�
_� a � ���� e �'um� �g g6 , 8�,�m� � � m � � � ���� �i�3a� � g �x B�� �1 � aP 3� d � ���G4 -� �.t� ��i�� m ��$g�
W d�a$ ��� � f""aa ��i "3�� `y g� ��p� 3g � � �� ' � ' ' i�-` � i���e� ��� g� 's4 �3� � �. '$ g�� �A @ � a@� �'e�m�8er argttS � k�
s di� � y � ' ��a �"h � ° YA � � � � � i.� eyr� .d ,� �E s� § $ � �' � � 1 � P..
x � €� f �e � � � '� i ��.v� _ . - _ �� �, a� � ak� � �_�5s 8 �P'� H
; �..� ��$ y �6� � ���� �� €� °� @� � x �`g �� � `'a4 i =�Y �i. i� .�e�.yo v`s. _ .��"� � �F� �.��-�g$ �� 5 &'nG "�-sx e`s m8�q � �-�f.
�:"s � g � : _ � � .�� .�� :, _ - - _ �s g �F a �g ���r € �`3��� �s��a g �� $
`x"s4� [�e:, €��'��� . :��'f ?'���£ � � anm a�. 3 aae 3: $�� :� 'd ���a� :�$�`s€5� x��Qa : y��s
t� � n� � p � � � ga� ��s s gg �pe•p ��,a� �� � � gn �a��= _�� ����
a r � � 9 g �� a�� �� '� ��� 3p� _ � � T �� �a �3 '-�' o�4k $
3� a y € &�� g � �` �"e �G& n _ �� � a=x � �
A k � g� � 3 ��` � §� BSkt' 8a '� � }y s ,.�;�!'. � 4-ac g�56��'�� I
�£ � 4 e � 3¢ �3 4 $@q ��e� �`3�S E�� � � aa � aR � �� 5�x��` E� I � I
�s �.. e _ 6" �� Y 5`- a g 'g I�
;y � � � � � � �� � � ��� =�� � °i ����� ���� 4� � ;���. � �� �Y�� �tl` �� �
� e e s o h� 5 � $ ee �'� A� :� 7 ° �e" ' �`s3`
�i � a qg [ [� 3 - a��, q [ [`�� � �@�e �C �
�� a � k� � � �� � � °� fi"� d �� g-�" �y�& ` � ��e�� � a� �..g�g ��g#g -��,@ap @zy s=s'°=
F = 8 aa � � a � a5 St d� � n i �y��� �@4 �g$ 3 §oSe"e?%
z °� � a � g ay�� @. € �- e��� ��e, � � Ad��' � �.�m �_ �
� �m 7 � � � �� ' �� �� �� �'E � m� €"�e� �h�m $ ���� �� �:�-� -5 ���,gx p as,,,_
Q ��g � � � � �� � ��6 �� � �g,g ��� � �� ����� �$'d �� � �9�_� � �� ��$�F ��� ����� -
:�g e �� �r n �s
d �� r g $�e s a h-� _ � �e � z. i � _o�g� � � � $ � h" �
a�e � � � P� �� �`6 � � � =3m �� �� �da €�a �Fe� e; �€b � g �� ��€a� �°� '����� �S � t F
i �' e � E E b."c � ! � GE 4� A� � $„ ° '3 ^4�f
� � e � � � � Y � � � b �"�S 6+ �k � ��A � �� $
��� � � � � s � ��� ' ����� §ti€ � am €:�.� gu € �` : � � 3� �i4
� � �a� '� � � � a _ - ��' ��� �- ����� � � � E� � � ��� �
x�� x �� � �� ��� �� e �ee ��r �� �� �° d� �r_�� n k z��g ' � §6a�� ��" �k. � �ni
- � � � _� ��� � a� �o +� �'�� �d � �' � �� m�� a � �� : � � d @ �� ��� '3�� a���a �^- a
€ � �§ C" � � § = g -�' � xa �r G3 �;a ���r ..�i , 55 �'£3 -,�+. €
o B 4 t f� �' 4 � F3. � _ c u�v Q� �_ � - � m qr � q m� � �� �� ��e �r #S €: �-o�'e
� ��� � �S a ���� �6$,.:z�� �. � � n.� m� :8- - o�{ � ��� ���k�y _ �R9a- �
p m ,, o � _ ., . : _ _ ,-I:
sea g� �s��- g��4� ax ���as��� � e " "�� g�=��r� ey9 ���s y n o= g[ � � gr= sm� m
��j �h 6�0� ., �3�' �F ��Y��., p � �� �t ��,3 Yyes[., �i� ..a��'y' § � S� d _ �'� BQ� ��� {
��.3, � YS-� Y �2 '3� V��3� �i � Y �
� � � e�� V-4 m � �� ' � ��� ���4 �� x =�o � � � x ,�� va
� � � �yr1 �L �� ��� o�� � �� r� ;:o���'a $. a-�y� p ne a � �� m ¢� �
g g €��gs ��. �; �_��� � � �n s.� ��yr '< ��o s���� s �g � � a= � �y � �
e � d� � gc gc��� 6' ��s�` e c° �`� - 5 � 'S $ � �� �W
m 5 � $€ �� `s g-H�"'�e �` @ � � 5=ea�' e � 48_� E g - EE � v�� d
7 �-` � d.. .� 6� . 7s.4 §oe�5 K e
_ ��g � �tt� ����� �� � �g� � e g� s�� "�e�� �� "� ��� y� �E � �� ��� �"a ��
F ��p ���a� �_��� �; ��a�,��� i E� s a�� �-- �g� ��� ;��xF �o � �� � p g� � sY� ��� $y
a ���� �n �r��� ��3�� np= ����'�s� a q �n �s ��iE� ���5�{k�� i�� g4"-. �3 ��g g �gg � 5�j �� �a
V �. 8 E� t'�,.�f z� S 83&"�4s� O �� � �eg"� i 44Z-� i5� j"�y� � �9 @ � �g 3 g g�c
_°�e c �gEs�: �§s�-� ��� d�ig�'�'' 3 � r[ a g ��m�`�e i�� - � �'y ' ,�� �� �
g 8m 4 � �rtlA q � s 44" �dd"9 3 ° yW i 1 0�� ��
p �F€g ¢� Es€n� "�pa�' 5a �s�5g�_9 � = d= e,, se:� �Y��.� € � �E�' � �� _e �� �'� � 8a
_ ���� y� �r�� ��m 4 r � �e� z �g ` � �� e, �� � _�,, � �� ;e = �
:e��m a.� W , n e=�� e a�� � a � � a e £' � �� , ��
� � °' �--" g �°��� ��� �g� 5��� o° �€ � y��€ga� ��=� � � = &: �€ �a � �y�� �3� �
� m��= �� � '�yN ��-_ ��� a-���e� �a a��� ..,. d €�°-� ����r 9� �� -m s5 � € � �
z ;a�� �� "�� = � ��' s� � ag� � ; 3g ¢� g.�7 �9es.�� :§�� _ae � 5 a= � � f� y �YS� q�: ��
W � ���a g �� �oe gg�� s�m � � ;9 �� �n�� ��_*g�_� -€.� ;4 �� g F a� �,s �r s� �a 8 � �y g
� '��� �� ���_s �arr� � 6 � � e ;:� a ' ��@� � _ �:� § �� .� �-e � �= � € nYh ��� �
a��� �gK i����� ,��3�� ��� �������y�� � �� �� ��� � ���i a������� ��s� � �h��' � �� �x �;� �� �� �7� p � ���� £�k� g�
�'e.�.� i�� �Ts�Y� E�&�" r5� 3 ?�G4�� . e . ., o .. _ „ e . m „
$Qs �ag � �4�� "'#�'��� *a �yG m° ' � �_ ���y�3 ���� �. g�4m� .x Eg ��o !y°s�= ' � � '�°a' � __ �� � y � € : ����e�
s<. ��� �-s €�� ` ��� t �y- �s� � � 6 � °� �g`� �� €'g�e �° .� �tis Y� � a� �b �_�b �� �� � � � s � ���-_� �
p� .3�' h y �o �r� ��ge � � a� - p �m � €� ��� � � � g�� _ �`g � r� € �r a
�< k e€s � �. ';-e � � � � ��'r � �_ �Y � sY � 8 �r � f a ' �m'� _
3 f [�- � �S o � � a� g�` .�4� � E 5 � � � g � a_�ia
� �up s�� ���� ��_ �,��Y��� s�� ,g� � � �� �=k�� e�"� � o_ qm �- -$ � s s � �� � ����, � � �� a �8 � � �-� s
s��� 33� " � e� 6'G1�-_7€- x�. g e � s� €��� ���r � 6hF ,� � ��m �as�� �� � � as ��� � �° � � gg�-�
��4 s_ s�@ � g` �� � �• e��`6 � ' 8 =�€ L � �_� sa,a� e € s � R e� . �� �;Q
�� @ � ��n �r=� p [ e �� �� ��$a 5 e� E. C �� � �h s�a �� "� 6�� a
�'�' � � 3 �= a� � s�g=e e � ; . � r �9 '� � ' =�� � � � � r �� �G �
-.x� .� �� �� i ��� g ��k_- �, � � Sq ��p k ����� rv��� vy; �_- ��, ft � �h �� � � a
N *�€ �• � � � �a a� � $ � a �s,�� �' � �' �Y � € ��Ys e- �_ � � � '' �r�� �Y� � � �$ h� � �� � �°� o
e� .� � a€�r�� �� n � � r�� � �� ��= .� �_ �a� ��� �' ��� �' °� - a ��€°�e � x; �� �a o � � , ��o
o ��,� � ° �e_ �.5� � ��� as�€ p��� Pea � � � �� a5 g� -g z @• �g �s� a�� � �e���. �@ dP y� �k ��.= E ' �� 7� 5 � ����e� �
_ �6 a �"s� � �� � � $ g� �� � b`zA s �et�u� ��� $ �Y v�Pana °` a s � € e tt� �e� 2 e , � , [ P
� ��-` � � ��� �� s ff� �� ���_'�� �c���� q °s � �_� �"�me §s� �'4 �:' ��= ��€ � �:�� �d �Y a ���s � p � �p �� 9 a��'= 3
� ���� y�� ���� e��:��� � ��§� � �� � �� s9-�s ��-��s'$ ��a�s � ' �-� _ � �����e� �.� - g ;���g , � � � �� : �R� � e� i:�7 �
W ��-- � ���� .€:� ��-�' � � �.�� ���e �. r �= �m�,, p€; ��ogy� � �� s x .�� � �B �F � �a�k =�` �- � •� � ��� ;a�.
� � � a ���g e i s �� y�v � y�.� .fi �rv� s �i � � �= �k � �p� �
a„ S � a z s="� a �� g�- � � ��� g �g � a.a = ��� � a � �#_ � ��' �r� a d� - �� g
_ `'�3 5 s a`r � r�st � 5� y � � �` °4��� �SE. Ye, a�Y "€�r& �r:. �Sz �� �' : �� a ���� �a
W �e 3��" �_ [ ���. � 3' � F.° Y" �� a `a �$ �_ $ � Y . E'" � �'"g x
('J ��. �"_ `��5 E : �S f 8 F �y�.. �� Yde �� Y Z �� , � i m � S: ' �� 9�ylz�� �c
�3�5 �i2 ���� ��Y�d �e"a��ys��.g y �v'� a��� ce g F'� ��a�� ��e��' ��e @ag�e y �is Yd� � a€ �� " S �_� a � 9� �s �., �� �� ffi' 3� � @r�E ��
$ � � � �' �' S o � .� �' S � � �
� �. ,� g a� d`�a� € g �,, a�a. €-o� �x �° s.; � gy�� ; 4k ��� �r �`g-�m � �� . � � s� � �: g_ G w: � ���
� � a ��: � �� � g � � � t� � �� �� � g�� �s�'�_� ��� '�� � �� � � =�E'4
�.� � � � �� ff ° � s �e��e4 € �- '�� g° � ��� � �� se a�� �<�g � g, aY. �Y s� a g � � s � �g a a. `�
i � g; �_� a � ��s ��� •� _n� N � _� _ r° �s � _s �� �� � � ��� ��
���� g��� s�s'. 5.d�' �� d��E�3��� � =��4' ?e�' a.,$ 'a�e�c� C�&so� �� e����,a gg' vee ,.s� �.�m�s g .�e � �e �'� �g mSgs� k-- ��e �.� g' Y� � �' ����k[� gs
� x �_�a AY �a � � �s ��� Y�;�, � � � !-" � � s �� � a tls �
�• � �� � �_ �� - � � s� y � 'sYdk= �-� fi � �r �r �" �� �
�s�� :�:� '€Y� s��s� s� ���a���.� � ,� ;s �z� ; ���, s°s��g �r - �6 ,��s m�� P �9 ��a�.ts ��� r� �� rassy� a��� s�a ;x� :� �€ �s y ;a t,=o�-� ��
'�Ni'sa�eiaocry.a�N;Qoaof fZOZ p 1V6i�(Ee�
I
•,°0 °"„°0 SION171I `3A0219 07d3.�1H I
aisis �",.���nens�zd��
d102i� .LN3N'd013A�Q QOOM3NOHS
o � ,�
�NISS08� NOSIH iD E: -•
S3StlI�OSSd U Z U
SNOi,Ld�i,3I�3dS auv S3.LON TVN3N3� Q2IMW ��3�� gO�Kf
� � ` A E @ "' 3 6 �4 E �C � � � ia "k� �=n�g � e� ° �
� � 5 � � � � �� ���e � � ��s �r " � � � � '���' �Yx�� � ° ��
Z � � � L � $ 3� 3 �� � � 4 aa� � � � �e �'x aY���' r Y� € �s
h & ` ��'' �� � 4S` �y � � a �� � -�
u � � � � � q� �� ��s4 �g �s �� � � �� � � g� �e� =���4� � � rr
r 4 8 '� x€ o� � �_ � � � h a sq.. �.y��3�� f„ T�
� � �F �- x r a k�
W � � A � ;� �� 7� ti��@ �4 a� �� � � " �g � �g �� ��4 �`k�kf ` i� � ��
� � � � �� ..� ��� ��i.�� �� �� � �F � � e� f 'e '��t � s'3 Pg � gt
w §2 '� �3 � ��p �$ �ag Na� � �S � � � �� Y�g ���-� '�� � �`
g � �� F � �� � � � s.=_=` a s g
_ �4 "e €� 8 3 �� e�" Y��� �a �� aa �� �� � $ " �_ s�� ��e ��5-��a e� yd 5 �7
a �� � ��� d �� ��� ���:� �� � r�� � �g € �` d �� ��; ra� -��£�� �` �� �a �
_ �6 � �� �'� a� m��a ��;� @ C�� ��� �� � � :� M g� �s� sqs �s}=�r �z`g �s� a� �m
(l� �g � � ��k� ��3Y �Y yg �� �� � £� V'�a c�aG k ��� �3
y � a� � �� �= gy 5 g ��§ aF �" �k �� dq4 a�� e;age: � ��
W °@ � S � �L� t�d� i3�G� �m f �'� 4" �� �4 d � �� $$� Yk� �e A ���-y ��
W �� �� �a $a �� k� s�� 9�8�� �a 4s ��4 g� �� ¢� �� � §� �s� ���` =h���� �g ��� �� ��
� ��a �� s - �e � ����F ti �� a � • �.�Y���� � � �� x ���bF"- ����
� '�� � � �� �3 �a�a � �� e 3 � � �n�m �� � � �� � `g��egs �����
��� �� � s �� : F �n� � �� � g � y� ��,�.�`� e ;. � 5 �� ��� ���E�
� ��� �� � � �` :, - ee e eeF �� � " " � �m �� n � s �. �..�a�= � �� ,� : �����q� =,���
W � ��� g� � � E � � zn nz z �� a e ��$n c� .� � i � '� �em`��a� .� sG "�� E � �'�5�� �l..g;
€ ` $ 5 n � 77 n7 nn� o� � � � �e $ ' - g SGe. ����
w a �tt� �o €�� � � �x ���a � g� �" 's �¢ ����*'r'� _ �g ��� ;�"��� ���o,
W �Ca � s a � � Ec' : �°� m d �` �..o '�uo �� � �=e�Y�$
;� �� � � °�� .-a i t' S ��#`a`'s3' � � � ' r��cr, �`��-`
e �� � � �� �s q � �� V : ' �. �R : ��" � s ���s : V� �d �� � �� 3r�����o� � � s� � '��.��s �- �'
�. �F m4 �a �'� ' e" ea e@� �� �e�.n ff8 1� �a v �a g€: �a § ,;� m � 81� :�'3r�
�s ' s - � Q •� c � �.. �am��s:m` " s�`. �' cm3:
_ � �� e� . P � e z � § € �n 7� nii § § � F. � a� 3: �€ � �" �'e
� 8- s a> Qe@n-gr„ -a s � 9`�� ��
a : tl'� �° � g g y a�a � �m� � p� �� �� � �� �r� - =sff �� �o_ ar s��� � �€°-a
N �' ia � 3 ! �E=' E a � - �o�_o € � s> �° �
� �S � �= € �� Y=e�i � €� � �7 € � �n� �Y� � r s��zY
o �F s �. � � �� � ,x� i e � ti €x �p_xn�e.� g f� sa- �� ����n��
g'a y..,. � � �ff €� '6 ae ``ry a�'�-�ss,t � � a
�..e a E_ � � # �.m§�= .€.xy-
�€ �� �`� e� � s i � ��� � � � � � � € ��'� a, �` � a� €� �� s=�G�,a�; �, � � � ���E��
� €� 3�g � � �� § �` � - � g �' �a��`„� � �� �' � � x ����°i� �����s
y�� � � � E' � Y4 gp§� s e c' � a9�' g �� � a- g ay
c � 5 E' �A� 4 . § � a �
3a�- �= z 's �i �` � ' �;�.a�� Ys §`� §�b $� go;re�e 6�"�
�4 .� � �s s � a � � €� o � � e S':�� �s ��o s .� � �� �� � �3-. �� 3� a �� s §""� � ��
�� '��r ��� =s N m a� � � � (y§ � �pYa� �,�g �� � v v a�>�� i� _�s i6 = : = C�����<s€ a ai ��� ;§ =�§'§S�€ ��'����
�� �3 � ¢s� � s_:- : x
e� n � e� � a p �=g
� �� ����a �� € 4 � � � g�
h � �� g� � �s @ � . ���m
a � a� ���� �� �p : � � Qg��
� � y �� � � o � e� �
� � � �� �� �� �
M �.� ea G '�,�..
W Y E �8 �b ' � �
O 3 �g �s �s�� � �� � �a ����
� 6 � � � �
� �� gg � � ��� �� � � ��s
� � g� �� ���° r� `� � ae ����
o e �� �� �3�� ��� � � d �� �����
ci a �� �� ���� �6� �� ��� �� "y,�@
� �# � � �` �� ��
� � �� ��� x � �m � �� � 5��
� _$ ��� �`�� ?g� �° �� � �� �����
a s�� ��� ��s� ����:3_ *� e� ���a�a
a � �4�=
N84
' m&��
o ' �Q� �.�p
� R ��� �g�z^
F 8 _'� �
N Y 3 y��'� �yYL"
Z SoY� a s
O ay� �Sgs=
Q y � y�e� YOWk_
LL � s �a�$ y45.1
~ N : �g�° L����
�o'S Y. �e
� � � ��g� �,4�a
��° 6�kc �4u'm
S �e�o 4_6s�
"�"C g� "'t.YdY
;�a x6�� Ydo�b
�S �� � g3
N _- g �a
2 _ '�e �� p� °d
O � "
Q �� ag� �� �� 3�
W .� �a� �' °� �B
V :� Sd. �g �d ��
i
6 �� ga� 8� � �g "s
N ' $��'� � � 'e
pj W g�§ o� �5 .,
V m� ��� �P � �'� �k
Q NE jgW�� y �� �J
W
� 3� � �; m
¢ �a a��ar ; ;g s�
Q � F6`s_ �3 > _s _�
��rv��'s�. v �H A W�e�f20Z O�VS��iao�
•,°° "°"a""°0 SIONI'17I `3A0$`J 0'Id33Rfl I
cz�ve� �ir.,mens oze o . . . ... ..
d702i� ,LN3Y1Id0'I3A34 QOOM32IOHS �
�NISS02I� NOSIH � � .�.
�n
SH.LVI�OSStl II � �� V
iiaiHxa a�v�tvxQ axMw 2T3N3�-I�8 gO�Ft� j
- I ' — � _ � . _ - - e am � _ . . � . W _ � ° e =
�1 � t l � �
� I Y Y Y
I � I A
�
i.—�� y "g� -
3 0 3 g � �� g � = z y� � � 4 � ` ` 3 S ' '
- `� 3 W . 3 �a �' �� � � `� 3 � � _ �3 � � u � d $
� �e � 9 � � � � �i �. �$ md €a �S � � � � � g 4 4 � � � S
� �P �^_ �3 � � 2 g w � a S� E� a_ _ � � 8u � E 9 � �3 �5 � � � � �'
e ' �= � c � a � � � �� g 4 � G � � � � � E 5
6 � � � �`A � � 1 u ' rd' ,.. � �e
B 8 � � ¥ g =� � E � 7` � a `� � � „
� ._ -`1 0 4 4
� I
I I� / I
I I //
I
I I I
I I
I . �; `/� ro�'Y/ _— \__-f .,� _ -____ _ `�. � I I
i .o �� ' � / � ` I
�,' �� � 4� f S 4 � -- _ �� � �1 �
ti
� �,�
' � I
r � I ��.� i
/
i �
- — �I—
� I _� � . .
I �
s � �, .
��I _ � C` 4�
_ ' 1 I
v�A�' \
ti ti
i e
s i
a y� \
�*y
e A� j �� � i -� --
� � . g i� ,r- -- �--- - �� �
�.,
� '. �II4r 2�.¢ ��
� I�... �£3s 1 _ i
O 'I a
¢
� /l I� '
. I ra�v. I
I e
tsa = I
� N � $� I
Z ��� ��:;I �
_,. — I �f
t i �
I ' — � t- . � � R M I
/ � 4
�, �/��� ■ • � f
'�� ` }I
. � 4 t' �p " L�
r �
I� � I
I , � ' - /4� ��_ = `, / r
I . Z � �\�'�I ' \
I � f f ll) � �
1 � �, � i
; { �
� , � � _ �,� �,��,�
� �� t ��� a �� �� �
¢ ,
i � ' rG ,?�,� ' s�� !
� ° � �
� s' ���� ��"° , :, �
, _�
� � ���� ,
I _ `,�i
— _.� 1 �
� 5 P "" � II� �__
I i � __ . .. f }�I �
i
i � �I� �
�
� r
y b �
i 9 V 1
i _ l � �
^- ,��/:: i�l I I
I
��_�_� S
j ,, -____-�-_-- `--�_—_ - - ��_�-- ---_-_-�----
._ ,
� _ _ _ _ _-- _ __- ; -
-x -__
-_-
�
__---_—
� dbOa S1H�JI3H NO1JNIlay Q�p � �
� �_'—__ _ � �__ __—__—__—__—__—__
� i i
i
il I i
��N�'salo��ecstl.auloH q Qo�of tZOZ 01V6�alae�
w o
z J Q
Z�o 4o,v> au�
Q2z - n �
w x¢o �x" �_�
x��F x�o x�-v
¢ =w�p �z� �z•-
_�v�i =�in . d
? 3��= o0o woo � '�
� �LL �ww ��� a
� � } Z��o a a a a a a ' �
z a z x� ¢¢¢ ��� i O
��o a ��c�a aaa aaa
w� po a wzwx 6 Q
Q N p o � �w x w w i
�� �y V Q Cl W 2� �
a �� � ���� c.w'� � (
3I �I '-' z=zzai z` =" z° '
� W c��a¢�� c�^°° N��
LLW K H W C7 W� ��V=- W�ti .
C H��H6m QC7� >C�� �
f7 p J�=Z¢a Z w w W w w . ..
_ . 7. '. y�o�c� �x �x� '.
� _�w Q�0 LL�o o�LL' 0�w ,
c7�a o� wm m wmm �
y3� ��'-oc�m �33 �33
. 4=W Zwz�=w o00 000 .
'�, 3 0 0 ?���m� a a¢ a¢¢ '
`�' �' '�' 6
�• �o �o ,
w_, w
- �o
a�a� oo ;
¢�a� YY
�^�^ �f 1
S 2�I �I �
� p _
_ �
I a �
� �_ rt
J ` I
�� 1
. �� � .9-,
i zz
'�`°:
a�
� ���m � F���� , �.
�" ,o-,z�
Z � � `-- � O
O � 1—�
� �� I -i Q
a
i W -�-rt J
J � W
W
� � o
Q ��� �
_ W ' ��� Z ,
� I N � M
J � � � - �
j a r
�w w c7 � S
w K I Q w a I'� 1 i.
U
Z z �� a o � I i.,�'N..,.
a o � z w I��— i _.
a c� Q
w �
� r�n c>
�'.
\
��
r.C-,L ��-�El �s�;
�`_
.___.i,L-OZ-.. :
��� ,�Z'�4 L
II k'
I a � _
� _
��
o w �
w¢
I z Z �,�.
ao
4.U
�Cd
.�'�Z�
_ �c
(�
I I
T
O -
w
? � t
�Q f
w Q w
Z U
2�a
7�n v�
�
�* ?+ a
�o �o
a� �o
a�+ o0
¢- LL
a t-' �.
3� ¢� �
o j '�
4 a
;�* � � o
— ----- -� �� �� I a
w
a� oo �
`" C
�� LL
Q
o� �� I
i
i E
�
�
i
+ �
Z � Z s
0 * 0 �
� :� �'"'
a
> w
J �� �
W � W i
2 t
F— � � o
� � � �
W
O
� � � �
N �
a ` �
�
� 'I r `
� � �ti
0
o w w� �I
zZ
z z �I a�
ao
d U I
l
I �
i �
pF
� � _
i
{�
t :.
� __'
_ 1
} :
�£ � i:
�
t -
Sk
j :
.�; � a r.,.�f ,,�, ���
�'� yp` " o
.'�� �� ���r ,�,til. _ �� _ A. ��"�
� � F�` � ;y _ I' s�d»c..
�A, e
��.. ,����ia .� �• �,r �,,,a-.�: ..��i
��� t111 " °.
g `�( '': �. � �� �'"�`,+��-�',
��' �,.
�� � 1 C � #��.� ���� b�a
� i �� � � S,.'��'}� . {
i j�;. ���� i�'4�.js •♦.. � '�, n R ��#�.%+�^t
f� ,��\ l��a�� _ .+"� ; ;��� #�{ r'a� �� �3C' .
_ � ♦�� ; �
� '•� .,��,.�� y„ c , '�a�g. *;
a '�. � � '.•�
_ �, �_ .
+i�\ �'�'- ' `s - . — _ �. ��'��
� _ ,^ u ' �__ �, ,.'�� �< 'y
_ . �� ��"*�: ���
- ..s� �'
6i'� `�
- . � ���1.��
i n�n; `� �
�" c `_�'�� ,��
� # `��
1� ;� � ��
-.s' ' ` � �,�
�-.��':�
� ��. ,, , , �.
� �_ .-fi
...��'�_.' 1
����{ .
j y,
. �- _'.`���� �
t51 i�
:
. � ,
� .. . ��r . .�
� ,
a, �
� ¢d �t �
���+ � d� `a�r�. !�'g r�
� .�� E ��a l �
� �-� R �� �
+ ,'b _ �
�;
i� ;
� �a ,��r� �5111
,.�. . ..�:�..�. • �� �
IAlil �I) ;
.' �
� ; �' ;
F �
� tt �
, ' _ .
� � z,, �
��a ; _ .,�'; a
� �
+s.
7 tr
1 _f�r� �
°<} I ��
<t �� � .. � � � �.-�'4 i ¢ .
d,�� �[ Y G I 3
?�,a\'= P . } 1�'*f .
1 �t�
�k � � f P.
. .. . . � � � ��� ��� � � :
i'
. . { ^��;. (; .
. � ,s'i �
p �c
r. ^ E"` ar� .
,'".5, ' ��..�! C � i�: �
. '��� � ��I � .
�
�
�' r �'Y'��� ����
ri�� �`�
,, r �i� �_
z��'y ��.—:
�r,r � �
� � � ���� ��'t���� � �
, �� � � 6� #� I
_ �+ 'i '1 � ' "r W^ ` a `
��, `+ : .
�.- r t � +�� x �; a �S �9t �
� ,� � y.� I �. ' '�L� ,� � • , ti�� r� �"',
���� P I "�,''�V'� � ,(
k, A � �} . '� s * �� '� � 2 F
4 h
� ��'�� -�
t ��
, �,
� � e
' #e�t, ,�
� ., i� �. ; ,
� " �...,� '� �p 1 R pSt 4
�� 1 1` � .. . 1. .{J' C �.
�i1'�I ` � � }� �� e
:'���., ,s�� ; ,,.s : � �4 f� � �, �;a ��'���
. `
,�1%;h` � i �` �` A � `"�' , f� _,�.��"�'s' ���4,,�`'�b'��r�"+ht•
� �' �� �� �
=,..=f '� � R - �L. +} 4x � �..�, �' � '�.
, �`,�� �� � �y �d "� �" '}-�` t.
�. tl �`�y,� t �, �.
� .,d. � � �ir� � �!�: .. . '` �i; �E ��,
�,� I ,� .; �' ;:`�� �,r��,
� � ,� ;� ��, � ,+'�,,, '�� -� _�;
� .�,,�i� ,:�� „
j � �,; fi �*y
�+. ,� �. .
� �� � � f� � � � � �
� i � , �
i 'i ���ry {� Y�- � �•� ;j�t �F1 �� r.
� �� � > �e
�!'_��.�""� '`'.' , F������ _ �',
_ i� � ` ��
��..� �� �.i.� . _. Hi 4 �.
�.1`�� .:�� F ,'�.- _�+ ,.... ��.. }`{'�4 �'�'�Til�t;
�F q 'I s Yr� �1'Sx,>> '
�'� ■ , � �t �
- �'�i % �
� � /�. ��;
-�, ' � � � �
' �� '1
't'� ' �.
r `� � Y�� `� i �����
�. r ��� � y,��,
'�f! !� ±� iA�� ` �".
� 'i_ i, 1"1� �� ,3 !� ' �� �
� �-��—7 � �I, x �� 7 � R �
'�9�!��� ��'!. ���a, ,... ( �'� � . .. _— ��� ,, �� �r.
� .� 7 �
._.�,:. ,' , .
� iS
�. <�;' -' a, � :a``�'' —_ _ �_� � ,
,t�±'. r ; � �, �, ��,��.�, ��;
' ��`<� .�,�„� �,
i >�i� yj.
q�� �{,�+' i�: ' r*.� ��'� �� r:; �
� ��q r��: F�'���;�}•� �}� � � - ,�:-,r �
,� ,, '��. C�a. �
:�.��'�'�:�°; � � ��+,� ` �
�i� �'y� { � �" ar�'4;
� � �� �a �,'� �1„ `" ��s�'�..' . s ��:@'��`;
.�wy'���,� . � � ;�,. .�' »+} _ .+� a ,}=,s `
� e'�r��( . a�—=_ � .�� ��.-�.� .:��
Y��!x#, �C ' 5��� d"�S �+�§ ��y 7,.D a- t�
4
' . �� �- � �� ; i � � .
I !� � �.� �� �7 }� � ����' � �\�
' �i ��. .. ����r � � ��'yµ ��� j�
�'��. I ��t"�1�`�r� �~�
�
h�,ti j,i `� �� . "�� &��,
� _ , - ,
,
Y��'� �'i ���,' ' � � � �� � �� �
�.� �����.� � ��� ��
„
� : �
� � � ':�
� �'I — = `� ��.�s� � ?°�� � �� � 4
."�I .. �. , ,:� �' {�. � ,� �
1 ' t�`�' r� i,
'� � a ��Lt .�:��+rx �� y�:,
i.
�: � � � 'K
� �.�1� � � � ..
�;• y�' 3pk!�,�� +� i���� '
t! Y � /
N� I ,,ttR� ,�'� s .a��x ._._�
;� �, �t � �
n`: i Q� i� %���h�.t�
. a
: �� ��a �' � � �' � �
, _ v �+N �'
f� ; _�a%`�a ��*� I �
s �y � �4
� .� � � 1� 0 � k�, f n-..+. �
� `�. y � � �
y� '; �-r �a` �,
y1
vi � 1�
i �
� �� ��� � �
yk t` }�n�q��,"b� �9�� �
, �'�'S . "�i°t.;� ��r,v:;'
, «
.t+4' � � ��, y.t`u:i, j' ,� M
0
Q
d
�
.� � �
I �
O
' Q
ZOVII �
4
�
.o-,ss�
.o-,z� � — — — — — - — — — — -��� — — — — � '�.o-,z� '�� 4
�
I I � i � I I
I i j o �I I I
0 3
0
w x �'W �
U rn U '
>
� i � � I
w
y O
O j
¢ �
Y
Q
W �
C F
� � ..� �� m ' l: i
\
.L-�6E .9-�9 L l .E-�S£ �
i
I
i
- w
� a
W
U
>
K
W
N
Z II
a a I
� - - � I
O
O
— — J
\ �
— — H o
�
LL �
�
i I
�� �.,
I I
#
sav��
�
0
<
a
>
.�
' �
�
? o
a n
¢ i
¢ o
a m
� a
� � �z a
o �
U .o
~ Z
w a W Q J
�
o � � � E
�LL
a
��
O� N � �
■ � W
� � 0 � � �
/ \ / ° �
� \ � \ ' O
I o ��i
J
J /4 J I j Z
W � W � a � W
W W � I W �
. .o,e N fry I �j
d d i d
� � � o � o
N � . � . � � .
o � , _ ,
� � � 0 � Q �
0
a ogo
U N U � Z �
� ��Z M � N '� oa� r :�
W ��o , / �` aw� m
a ao�m < ma o 0
��w
W�� i
o� o _ +
i i
4
0
0
0
i _
�
I o
/� �I
' I a
\ �
\ .a-.��
I
1� '� „s-,s '� �
� w�
ww
��
y N
a
� w� .11',Ll � _
ao
y t�o �
Q �w g
U ��W U
K z H
a �Ua(7 ��
¢�
�O
U
o Z
�i€�`1 - Pa3o' � f-� W cn ❑ _ dZ o'c '^' � _ I
t:3E['si �' - (nQ �O � �a -OOS °�
pE <9Q FfB�ttF o r j� �Z w o � oZ �� � � �
�� �:� �t '�f� Q _ , _ __ �W U` -' z � J'- Sz J
�g ��- 4���i�� ',�iiieii� G �� O � _ a `$e, �
3._fe� Z Q � � � I�
�
O � � r� I
al h S ,. ,. � s : �I '°I m - �
�3 � a _ _
�� m m m m w a a a a m m a �I 9 9 ��a 3 - tl �o - _��wa U -
- �_
a "� ? _�sK� ��
� W� . � o�Qm� ==g
a
� �� - � �as 30
� ' e • � ° _ � o - �$Wws ��o
� y �4 � 3 . 9 �' a ° o _s N � - � �gm3=' ��
'� } a Y 5 9 f � �3 � : k T..,go�
� `2w a � g ' q � � E ` g w o �y# s o � c �+ z ." �oa
� � § g � � � ; g ; s � � � $ � �_ �mg €' ' = a s z���, =�e
' � W � y � 9 � � 9 ' � � �^ � � � ., =
s � w °€W � 9 y � � � e a a �uWe$ o S° - o��t - " p � o���� �R
} � 9a go �°,0 3 � ° G � � � ` 3 ` 'o I 9 � p } '��g� x o4 - ��€� ' i § � � _$�wi Z o-
� a �� e� �� � 9 o n v � 3 € i � � ����� � wg _ �s � = w ,.�wuy a =�_
g ia a a a i' � a $ ? � � „ � �. � �'g�„� w 8 _ � ��e_ Q �sW
" 3 a� �4 y€ " 3 a � � � � ; " � " o � � " reo�a � m m� o - �="€Q � � - mz,e � ���
6I o o� 3& i8 � � 5 c � "� 3 � � 8 m �4 5 � �', �S�A� W � s vo4 � '- � Z -
m - , e S : & . , e � � e a a B m 4�R _ S gg � � � Q
tA §� � � �"_ � _ `.V7 J - _
aI a ,. .. e o e _ A _ _ _ R oI R . oI . K E o. . � _ c� � (n _ ���o' i � E c � - _
� I � o . 3 � 4 2 2 u . . > � : a 3I 3 C � � s 2 ° E�o H _ �'�� 35a N - G o�rt - U
o � W � 4° � ;� Z _ ��Y �� ` � p 2�¢ �p Z
i yl U oo Y ` '- � � � '�'��� - Q _
� � W o �m �u 2 e Q _ pg� 03 i � � Q oi� w 'e
g nl � � � v a 3 . �I 3 w �I�W� �� w �? g� g � s � w��J� Q ��2s
e����':.��" �('�. � . „ � � . r � ., _ „ � � m � � �x-
�1
i I�I� � �
� I�
I � � � o I
, � �- , �
� - 'r� ��� ' �-,l 1 2 Z,� � _"..= ,.' _ .._ I
_� i
-' �,— ^ �-t _-s,ll ____ _ .
� L��
...---f-r-
1� � �
I I i_4
I '�$ .� -� ;� s 5 " -- � ��
--__ ' C
� , ��� .. i.. y��. I \ z
I J ❑ } \ .. . y� �� I
I
I i �: �.T fi � i m � � ` I
I I I
Io ",� I p���'_
i -
i � 3 i�.. � � �
I , ii 4 �
i
y�..,:
i
i — —
y y' i � j�
I �
.._, '1�{�:.� V� q.� p �} ��.
I [ __
I � 'I j�' _- 1
i I � � �
i I 1 k�
I � i m ` #t 6 fi t , v,
� � I
I w�l���li�l I e
I � !� _
I � _ �
� ��� � �� ��N
� ' _
I �� ❑ ��
k� � �
' '� �� � ��z:�,
� ;'� I:.� -
� � I �� o m
, ,� �
, , ':, ��
� I � �,i� �
I � I —�;
� � ,
�
I � ��Y�� ���
, .
;,I �_, u
� o �� �
� Z
� °� � ' iii� � �
� I ` _,� � � i
i �� L� i
( �� ' � `� � �
� � .� o <<�- � �
�
, � � Z
�
( I z � *�� � �
��o �' � - ��. ,-.� s�^ ° � �
�� � �-�. l � � Q
s�o � �
I ' -- _�.. - ---"----a�tr--b-=-+�`='-�--` - �
_=__ 3�a 3 - O
_—_ _ �,
-- ----��_—_ ---
I �:�.�--------_-----=_------------—
�
'� - - - - - - - -
I �---- -- -- -- ---� �------- -- -- -- —
➢"'E
[',jEpf — g'S3�Do — !—O 111 cn Q _ aZ ='„ _ -
�i g� �� — wQ 1 O O� o .�''�. caia �� � �
`� <$m ;�gt�E� E' �� �-' � w � I Z� N �
:a LS �, - ' _ -- �w c�- Z � ! Sg o
�� �,�`� ��`��31s a :�►iwr� c �p O 'o J' a $en x
s�_sa� Z Q 3 '- g
O ? m io
m
� � �
� 8
� - �
� w � �
a ' y � � o
� < � � � f : s � � � w
s � § � � � o � � �
.,, � a � � � � � � � � � g qg r $ �,�
� 4 �
£ B 3 Y' � � < �do
p ° � 3 �' $ ° � n a � a � �n� I = o€ 3
� � � �"`� °4 g
� n e� sa �o i � � o � � � s � r � � s 4 5 i �a,�g w 3 �` O
'�, m' �� �� � S � � _a � �
� �a ta a � � `R, Y � � � 9 � � � � � ksa�` o Qo „
° ; a� $w gw - � � � c � � � g � : � � � ; ?.„�� W � �'g ° � .
� gs 2 g� �4 � g � g � � $ � � 3`1 � § B +`� a:.�a � � � LL
m � �e 38 �8 m � � � ? 3 g a � s m � � 8 m e66£4 N a �; � �
� ol e . . . ° ' � � - - - R ol R x e - - - al - Z _ a �+m
U � ? � �s �u 2 '°
� W
a �I �g �� � . . !� =3� i 3� "• •. �I�� � . sI..— �I��I� � 0 0
� !�.,-� .,�-�`�>.��..-, �� -`�...-.,, �..-,---� .,-. . ✓-"r�����.�._
� `-y.!�-L�3� ' _.�-'�r_�v_
----------�- - ��=" =���-=='o�'� — - - �'=�� =="'oc`---
,- �`-_— /
— — � --- -���--s -�---E--�--�--�---`-�_, ,-�
. _
III
�,w I e� 3 �, � � [>� ;` \ \ -.-�
' I, a+ � \ �� �a \�z
�, � / Q � __-_
n m
�m
„ � � \
� ��� ; �, � a _
7 � � _� . .,.,�� 'YA'9 ��-'���v�?� 1 a2"sa:�:i�"'��a:�->�13i �
� ,�� - �� � �� � F� _� � � � ,
, ,
�,�� � � �, �
��
, W � � .., _
� - ���� _
_ �
� - � ��
��W � � �
�w I ;i � °" �
I - , o�
� �i� _ � �
�(
> � �° o n
;'•— o� �:�
y�l ' t� � �
` �:' ; : .: s�° —
-� �= � � .� 4 -
i� - �
°� l
- a
P W
I�� �
,.:�� I ;i I �, � \ � � �' W
li i9
I �
I
� I - �
� � - - �a �a &e �m �m _ F Z
�, �� � �e W
I Z
�i � a
� ,� . aa
f,�� •� \ �
r;�� d
� i
s c�
i `�
z
W�r � i I ;s¢Iq _(= f � � z
+ ��
I ^I� -i= �
�
�- %�I
-;
i ��3 --
� �
�?§'P� - s� - �o w� o �� _ wZ fr.; N -
t s fnQ �O o ua
°E a9m F§�kF �2' 2' Z w N I: oz � r
�F" �t;=€f — : _ - �w C7= z � �" 3Z �;' J
gg ��� ��@�•Y� a �`.i�;�. ` p�p Q � J� d gflt
�.fo;`° Z Q 3 X -
- - ' � � m 1'.e =
Q 7 _
m
�
a
� � � Y � �=_
� y 3 � � a g �' � � g a`` � � W
t g & s � w y o � � w 8 LL - - �
S �, � � & � S ` ¢ � a o � 8 m ` -o I W
x g w � � ; a � � � - ' a � � - . � 1 C7
� ¢ W g a� < 3 " � � �F `-� m Y� (ry N �
� g �W s� ow � � � D � � � � � � � � � � � �', s���w J s� o 'LL m QI m i�n U�, ¢m �
y� gw a� 3 � - r � � o � � � �' _ _ � w o � I��� �� m � v z &
� Q w� r � m � o � i � _ � � � � � � g g�'' Y� - � � � s I�,� � W
� o� �a �z l � � Q $ a � � � � _��z � Q <$ � � If� Q
�` � o � � g � N � � �
J x� �� �° � a2 � � � � � _ � y ¥� � � � a w � p � '�� x'/i d
� � oy F� ��'n m t a a �m . . s m z m o a n m dA.,R� � \\ I •� �~,�i C7 ry
� Z I �
_ � U a g' F y y '.�.,,..,y""_`Y.'c.".j�� z
¢ � � � �'` C� � � � � � o w o �m C� � � � " y
a aI��I���h � �I �I �_ � �I r-J 0 0 0 � �
��_
-�.�, -� � � .-��
-� -�--���- -
--=�= -------` .. ��✓-�-----�
r�^c-.r-. .- ------------� ���_ ,��j, -_
<`� ��� \�
1 � ��.� ��� '\� ��:-_ _ ��z°
� I ` ' ,, ���'� ✓���_ �
`�,_, �,'�,��� 5 � ��
7 V ,��J�/J6
� � �
`v 0
, � �
� �� �
� 1
�`�;-� <', s
. I L�J
N c�
/� � � s
a�
/ �� z � a
Q � I
I o �
�
_ � � �
� �
.. _ •., •..� 1, I .,
� 'm
�
H
Z
W
�
W
L`� �
�
a
�
z
W
Z
a
�
d
c�
z
(I ~
z
a
�
�
r� i
i�e�p� � �sa�aa - F-0 w v_� Q ^' - w� °' �- 0 -
c,ii:F - �Q >o 0 or -Oo= °�a
�� <$Q �°¢li� — " w� �Z w m � � ~ N
�� ,�?� `'B�I�� _ '_ �W C7- z � :-'= z? I o
g - ��Y:� a � �w o o — g g: J °
�� �� �1ag�E Z Q 3 a �� �
i Q ? � J e g
m
- - . >� 5 ^s
- ' " - o± ��' e
5�;` - a � e _ a � � a� ¢ g g o x e ���s ge ��-'s E6� ��.
&x- o � " Sc o � yT' ei nx�6 xp ' '.
�3o a � ': � �" �o „g - �%E o (g5' Y - II
u I `ou `� � ': 5� �� "& •�' J _ _:�:�9:,:5��-.�' �E� ' �
&: �n - ¢ 3 �. � b¢ y`� o
� oe
�
� neh�n` g� � K,
� ."_" W ' � h�6 W
z� a — �,�, I
:Y ( � �2^-„
� „
y �i a �i� e:` � �� � _ ��ic >
�
, 0 1 e�„:�':�em g z s�o: Q
. r � ''' ����� ��Ig�^ '"" � �� a — �4Ei K
..�� z ��y V p .. .. Q /� M z — 5�4� a
l�!I
� Z �I>h '�5� > g 4;tlp K
g ��> g _ �7 E w
�� ��o o m9��
� °�e Z
j O � - V � ' �Ry Y .
u=i 4 ¢U' 4 . � � .. —.._ .vPc .c�_-� Ci�'r'S
: ti . , _
r i
£. y.
N t7 �
' g!: -- `Rn`. n
'�° ' ' So` � ` °�°
� W
$ �
N
� F 1 F
' W
� O
2 �
G� �� �.� g „G �E ° $1 Z
�.s � a� a-o _ _ �y„ �u� �� � g„
�3�; _e �G ��; 98 w � Y`3s.-= - wz �&� k
- w _ � ��a-. w �
� Ce'i N,Fo _ ¢ § "p' - _`� -P� `s.•o •�8 F;
���8_._ C�`-�%� �,.9_ �mo .,_ �3o�oz .�.v ��_ ?'8m� B�bd"
V
�"� #`�& � � L'z y,E g ��� a & af
e k`�" e m o� N_0 �e i • � 5&E � `- 3t
�5 ��% �' � � r�E f� S £ � � �E P�
�'° �;Sn Se f £ � ➢ PT �`.! :e
�E �&�� E & e o�a �`�n� a ; € g1r S �� �s
;% �T��i % '" 6 5 ��� �.� gs $ �F sg� � �� ia
`: vC �sii g � 2 E "�g d( °a � P� ¢f� � 5� ec
' �F �[ S � � ` � �" '�� � '� �a? � s ^� .
S ,. SgCB ffi 4F � $c� �fi �. a §� �" �f �� £ R
` "c5 `5Esg ' i " ` ° " f$ s E __ �§r � p! `"a y
3' aY r£spG a - ^5 a5 fi&� � 3p Z _ g8 � y.. eE .
�, - � F` ' s 5E 's£ mE� a� �o �. g& y=�€ w ;g °�e :
� yg 5egse s �g _ aE � .: �� €d �y giea � � i" �€i
' - �v��§€ ' s� � „$ g:ti �; Y� s� ze_� Fe w � e
� se s 'm' � _ a E£ Ed E°< <26 E' �E zY � eF°s = 9 �� 5&
��'� ssEa- d � �- fre fi� ��" �.6 Efi €. �t � sg` ss _ �` i
¢;�e �`s a 's� a: : za� aa� e s^ s za=' a$ �g sg
_ € m!°a: _ m. _ �'r ��`c �a _ �u m�s �a o _ a.,s"z m _ a u�s€ „
� ` �a`� ao aY;.� �x�� � 3. g � � a .X a
e� fr%a eYp�e � s e��B�§ % �.LaX F� a=�g ° `�€E t�y 'oSt�
�c .�• i€i` E s; a a�..� fi 6 �9'"a� 9�i �YR p �SBg �Y Ey:.�
" s�"a � '- :�$ a �f's' pr� �8� s �-n�E = d�==:
€E y^a: +�e£ a zyb i fr3Yy � �a_:hme,� a �s��� S's $� a yg'xe S�E €�€=e
€, ��� �E:s� �� �_` E���y� � e h ; '��a� �b� ���% � ��°e` ��� ����<
��� � x �5 `e� �s 3 "e`"""�"�m § . a s �'
gp �w �k��� �� -> as��.€pe � e� � €e�}g a` ��s; � f���g ;`S f °fs
�e_ Em[g``a € e :`".a^ = e : * ' s 's 'd - .s € ex
�'� € "s G� - �e s " o �'szy �'s Sae � s �� %F ;c
�. e� gSSSe S €3a _ =_: z . � � e �a,� saa` �,y p='
�z a"� 6ggg$ �� >:S = 'xs�� z a c ."s ���m3 x@o va�$ e �s�qz e€ ���a`
`� :� as'eLi o& u �Egos`E Y f �r�Z4„9 5� :Se�o $` bS€ � 9�`s�" � `�s -:af:
�^ �Z o_-. i6 e : ' o$ ons� - " �£a
S; zsy' gs Ss� ��� : � b � a�E¢m e � _ •� _ _`sN'" � -si -�$_�
w€n' &^€: -i. ; �e €€"s- € '�i. �6 'sF:s e `e_e' � %� a�r : -E s :i
L6 "^° �� m di =. ° - ^��9 a s a€�'r � C°:a< . _ .a A :`.e � e$ `�;sf
e€ � ` d8bw_�&a e� � � ° os�,� " € €_ os_
53 �ds _�P:`- - �g � AS tFe�? �s 2sr; $ '��°SI° a^ - -
-. "ea o-�s o€ �'xg � _=`s'PpY :€ �Eae m - oE�a _ :Y=° � o€a :€
esm "€ . s- v - �s a�ei�a ;� sm-� � -��_�s " ?-- _spF
.m% �aa �sr`s Eo e£� -'z£a;a fr - _ ; `5 p-`t� e-."a beF �` ee�s - ' ex �_�€$
�� -`€� r8@si :�e ` �fa� a E ' _ _YE a� �s.o:E fiai ���: : s.�,a4� a �e; �€;;e�
:�� a e$ s . e ?=aag _ � zFF'Ed oasEz �sr aE€� �. .a€;� ;"s� ''segl
. � ��6a s.ei`F z'S asY _ .s?6�d$ m - ^x� e�_ z �al€%s o'� _ �P§:e m ueL3i� _ .�E �Si'R=
e : :;`�a �:@ .€ s p �� € °�p s a_s : �p E � ? ` z� �� n€ a€ s:a �. =a ��PxE ez E� �o 6�€
6PF� Eae ao �g" a S s". �-o ' x '4 % E $¢ €� € g x €€ '� ��`'' °EE c: �� �bE
ig. o € � !s aa� 5, . a �° 6 s.. `s� p eS
e" € X€ 5 ��_ a � EY�4-- Y' � €,Y $`,. p �d��e �
i €» "ZL g I c fr :'$E- FnF 5 �S E ; & � 2� E s°�a� %�e eb' €� .`Ss- iB� SC GE t
x1�i y€� �`s ��y sF c e �� � i�;Ey aE, � &� . � X-=�av, �i y��n �Eq `s° �a "'u�x% 6° �� �- '��@
�a� s ,i8 �xB EF g� � e 'aY g �� � Y '��'S �z �'ae 5HT � � $` a � 4 [� � o� _
7X � io �S £ e lF d Ese ; p'• � f� 'ec
f . u . e g x. � �E ey . �& x §s" a„'
F�`� �E� s�e `z,�8 aa € :� g w� €� ; �E € g �e:�:� .€ E iea �€�3 .. e s€ g°� £i '� F8�
B �. ..a :i =�� € s y �3 , t�»•, �F � g - & � ���` s ex a�€E es_ a �'Q q� s �se #g s =� �E�
g���� g�s� `-'£ i��°s �x i s° "s � E �aE" k�= �. � - G g sCsa�s r�fi s£E` sN� �s� �� P3. y'e,� an: `� �z
€ s �a �'� Eg �e �°{� o •--eE � z�. �€ c ' gs ;c sa;.s= E� .� _�� r�s p' sF sea„= `'�^ �r �nr
E96ti �FEE ^�6 $eoa F� : � £�€ E ee��9 �Sa� r$ c E e' E4 5s,.8m 55: ��E $^ 6 � o �
� ' '€e ao : C= :a. " �= ' ��•' "sL�� : : " � �5 :�`o� s:p r r €gs €�g �p g� s s �a
s � �, .ao u.e � s �a fi:� ua��e ° i "s �€ ��" os s 3B. ge �s a € �. $�`zs
�� � �skd €`x p^Ei ofC - "' ' 8d= F
gF - , a E�°xb `€ ;$ � °�," Sa;F � g" p€Ep �a e6 a�' Sa- 3ao � 'e�s
s 3� oy a€'€ _ a��5 ¥s€ Ay ��• -`°Is �€�€ §u'� xe - _a� p �sSE�;` x�� ga�� s£a aa3 �s �s � �'d��` QF �� u�,_ :�s
Ts(Er"° 6 � E � �X � b>� � :"°%" :'eg Ea E` 6F 6 kv �a � � 5 ��OT : i=� 'Y ea6�ps vo �m F B €
¢a3a5 fi5 5�ag� � q E��. C�aS a6 � g _� £g 1ps�`y �y� a � c . sFa � 8. �
gsaQz - � �e F � €a s �$ee s s,�e - aa - �� � '� �y _y€e s.` �&zg Peg __ � rP e�ai° ��E E;s e�Y
6. ES ��sE g`6 0��- - �E aE ca°e ' � " �g§' F° s5 3 _ gE e8s °:s ��i "s - �� -�g`� zs= - s _
g e;$o� _^�� sm�a ' e€ �a €=_ �` g ia°e a�"- -_ '3r�€ � - Cx - Ez- syg a-- =z: t£� es 3� --„i= _ E� - ,a
�._ _ ia�.F szz: sa�, ��� _ fi. { .� �Tco:z -�'�o ' F� fis _�26ga' ' ' §gae -' oz §x�i €Eg - "- :sma
� gfs :Gk� tE e :So = oE - - Bc6b -- la�.sE € E� 3 -@2E�.S °sE lEs6 f��i ��F� �5Y <k� _YEa �o� �� v
� _ .e€�. _ ae., ma„� „�?:a o.,a wc �a o�G ='� _ ��9E�E m%iE _ <'s m".��`� �C og €E _ ai`s. 'P mse �es' � wE �.� W E ,. � e a , �% �fi mE�� y
_ s oSE` �s 4� _ia�u �� _ ,�%y
•,°0 "°'°",•°0 SIONI'I7] '�A021� 0'IV,�,�RB
fi/LZ/9 M3N3N 1N311]I '�� �� O
ci�z�a M3i�3a ix3ro s �77 dR02I`J ,LN3I1d073A3Q QOOM32IOHS o � ,.,
a�o��e 3�3a i�3,�< �JNISSON� NOSI9
a�e��e Man3e,e3u e �_ .., ... <<- � m u G,
iZ/S/6 ll✓�9�5 JZd 6
aisys ,N3�,d3do� N'd'Id '3J.I5 �"'�:a�l-; '� �'�} .�.��rr c� v�
Ci/�2/6 3�YTlin b3a l�
8 G
'�q � � � � v��� � y v� � a� �a
H�n� _
_ _ � � _ �n + o n o � n m im m � e _ � ♦ v�
� as G � u
Y
� � ��� v� � d a
� � �
g�G �
� � = m,� o 0 0 0
� i � Q $ �°�� �� � � � � �
� � _ � � G�� Y � 7 �
/ � �� €� & 8 Y �� 6 _ . _ .
II ', i N � � � � I
� / �
I � � �'� I
I �� ` � I
� �
' _�_ �_ �
I � :� - ,�-- — ------ .�� �.,, _ � ��� I
' �� "� q—' � - ------- I
� I � - : - -- -- ,,.�, -- -�-�- F. . �
� �,
I ..
—: �� � — �
� . ,,.�,,,,�.,.,
— a� _ ,
� a. - - -------------- �
� } - —
� --� ---- �
� — �
-�
�� —
� �: . �
� � � ��_ � �� � � � _ „�,.s, ---- --- - -9_ _
' � _:�� � -=- — �I :`;;;,�.>� — „
' _- a'��f =_ r9 � - ' � I
� A- -- I
� � _=g I _i¢'�; — ----- -----J
' g� - � — -
�
� �' e� 1 a
, �
� � _ _ � _ �
�,� !.!.�„�,�. -- - _t_ ,.�, _
� —�---, � � I
I _
— �
�
�
� � I �
w _ ,
�� . . .
� � , _ -� ,ll, , ;-��.. --- -„ 9; - _ I—
o , ,�.,., -- -
, � :w�,:�-,-,-,—,�::9�::,-,-,_v:,_=w::�--
I �
� � e
— ,.
�
0
I =
�
� � � I �
, i ,
j � I
� � �
� �
' ' � � I
I I ¢ � � �
� � � =
�
'� I
, _ �---
� �� � �
, � � �
� �
li ' I �
� �
, , �
� � �
� � i �
� �
, , i �
, �
i �� �
� �
I 3 ry �__�_'.��"�__�__� I
� _-'_____"_.__ �___
� II � - - — -- --------�—
--------- __--�— - ------ -------- --------
� e � �
� � ovoa S1H'J13H Noi�Nnav Qio
,I � ——� � ---------
, � �
� i i
"�Ni'caloi�os[y�aulaN A Voao�f2Di 01�6µtEaJ I
�
0
Q
w
0
N ���
_
��w aaa >
o�� ui � �
Z O O O
Z�� wuiw �'
�z� � o00 �,
�— � N N tn
���o w 2 2 S �
�Z w i n O D U V Q
waa
omLL�� ww
�� o w
�o¢w� Q o in cnin�
a�z 3 o z o
ow�oLL c��� �
W��¢U ��_� Z Z Z Z
¢ � �-Z Z 2�S (7 U(�C�
y a��C�H ��Z� fil�n[n�
� ��OSO Z S��i VJ inNLL
y �> ��O O O O O �.
O X�Jj�W w Nh(w/J [n ytW/JV�
= a W W�2� O O O O O O �
0 �O¢x� �O O O O O O�
� =a a�¢ a a a a a a a�
�� :� 5*t � . �'.
.ia'*��� <'`i,��'.:
,t`. f
����'`#�-� � :�
r t . � �t�
� �� (
t.�`'�` .,ti',�� .
�:'�H
� k,
$` , .k ,
� ` ^ V
} t$
._..,.. , .,.„o.�._ - . . '��
.� I .. ' `, � . } � ,
� �y ��/
, � :<C"=1 LL
. . - - � \ - 'd'.i �
..__ "" F — ,� : •� .
.._. � ---�.::. . .,�,.� �?��.�r.�:, Q ,
-:.- � ',��, Z
� — ;- ; , ��� w ��
� �
_ � � _ � �
Cr � � H
`�- � dy g Z
t ` `d lh W
i
�
�e. "_ � . . � .� C
w �
C :
i . . . ._s ,y� ,
x ...... .- _.....- _ ._ . � .. y �
.__ . . . r: >�.
_ i
__ _ �_ _ -- •�1�"` O
-'- _._ � _- z.
.= y
_._�__ ._......_ 1
.__— .___"__ _... ..__ .
.'— .._ . µ �� . � i
A �
`r = V
i �
��. � _
��n „ , t J
a �� �� �
4 � ti:�. �
'���:�� * �;:, .
c�
z � o �
p w� H Z � ;
U a� J a Z �� �
a ZmO� Q O �-�� 4
� �w¢� � v~i w��cn t
ZB�c� Q �zx�
c� a>z¢ Q wa csi��� a i _.
� �
m F=a�? m a c¢.� ¢��� �
I .D'�E .D'�£ . .0'�E .Y,l'�, .Y,£ .8',Z � .9'�£ � t .
� j ��
I
_ �, I ii
i � I Z
O
I �
�
�
,
, �
_ � W E .
II �
� � Z
�
W
C7 0 -
� �
� .z-,e .a-,� .o-,e � � �
.o-,oz '�
a N
�w�w a a
��Z ti w
��� �� �
�
�_� U a >w
U Z
�UQ� m�U Vld
'
r
0
w ¢
g �J
¢U� N_
�m H Q�
W�U� ��
=o�0 90HIZ �_ �
V N � �� �
Q�p0 v�i3 Z d
� J �
0
d n
.
_I.11l s-,l'I — — —.8-,s — — —,S-�L:.Zll l-�Z , Z
�� �
�
�
I � Z
LJJ
�
�
Z
O
u�� .o�,s .e-,� �
'� .o-,a W i
Z � _
o� Q
w�
toVIZ aN J �
a m
��
¢tn
w a, r
��
C� �
Z w
a Z
o <
c� a
� �
w �
�
�
� "' .Z',B
5 d
m �
\� ;,
�
_ Y `
U
Q
m
.
H
Z
W
� - � � �
�
� Z
1 �
,i �
I , , � -
J
i
� .z,e� .a-,s .e-,z .s-,e _
Z .
a Z
O Q �� Q U s
o¢ a � a �o N N
�
� Ca7w¢ w�o ¢� U c�rx .
ti w Q y �U�
��� Z�K Q =Z�� .
U �U� 2 O Z � w U��� Q �
m �¢� rw-a� � a a��� c�7 .
� ':
�
Z Z w w O
2 Y
O O a �
U Q U d a Q U
}
H �?Z a a H Hmtn
f C7wa g � g �¢Fw- .. .
�
��- � �-z x¢ w . - .
U �U� V j U S o U o � Q �..
Q ��w Q Q U VJ�� Q �.
m U Q� m t/J i i��OD U' '^
I V!
I\ `
I �
1 �C
C _
�
�
OC
C
W
.a-,s .s-,s .a-,� .s-,� . .e-z .s-,s � � `
i
J �
M
�
_ �w � �
U O LL Z m Q
¢
w Z a � ¢ ...__.......... �.
� C7 w Z Q
O vi J � r
O .
W j� �' d 0
� �v o a . . ' _ �
,r.O � E a
w = >
U' U ��
w a o 3 o a` a
a p¢ �o�w . ' ' '. � Q�
N � :
z�w�gaU �_�"? .. V.Iv � O
viw aa o=t=7� �wwLL �;,� e �( Q
�p d��U_� �S�� e !
Z��LL Q S O Z O O O �,.Im �
VJ�W�}W -
r O W W W �I = � �
Z�apQ�oj�W �tntntn ;
O w w w a���� o O o . � _ + .
z Z w x�� ���� - ' ` . {
Uoo�a'3�¢� �naaa � �" -
O i
o , ,
� ' � �Ir, �, ;
o M -- --
� �
w w a cn
yo w a
mo az w � a
¢ a
¢a � Z —T`�
Z z O j
C7(7 w Z �
�� � i � f
�L 6
. �
Z Z
C9 � C9
I�� �o� � fA N �
� � �
�
I�` o�o w W
��, a � �
I � Z Z
.9-,6 � �
.0-,Ol � �
a � � Q �o
� a � � �
Nm � fA �
M ' � i
w
�� Z w
N LL ��
w a Z W� Z
¢ Z
� �� a N Q
�" am J
cn �� �• a
. �� �� �
�`— Z Z
.o-,ot
f, � — — aovie �
1 .e-,s ,y N cA
`!� Z —I Z
W � W
� � a � �
'�� � > > �
� z Z
w w � O - - - - - � O
o � a
wo �Q� � � � .o-,v �
�a �� � w J J
zz �mw z a J o SOVIE J o
�� Q � a �
�� ��o � �
� � � � -
� N ' `-�'
w o
zwLL a
=rjo V o,�n - aw
Q== - ,�,� ._
w x¢o �_� '-_�
��U� �(7r �U' � �
w
z ���a =�'in =�w >
w
s 3wxu+ o00 000 �
3 �c�7LL� ��vwi uwi�� . p,
� � r i o�o a a a a a a �
O O O o o O
= Q 2 2 J ��K ¢�¢ �
�c ��o a c~.o c9�¢ aaa a aa ,
W � �,i d W=W=J y n
Q�`+ �o U �W=W W
Q� �^ p �W�O= w C�
3� �� c=i Z z Z Z¢= Z. "> z. 9 :
o a c��aa�� c�^ao c��� �
w "' u�u,�
O W ��W�W� �~� U~�
K Q m U' U'
� a a w�x=¢¢ Z w Z �w z :
..__- J N�O (:J W=� W S W
(� V- VJ
2 J W a W p LL p ��w ��� .
JQ O ��2 O 2 J tn Q Q �Q Q
3� ���a c�m �3 3 �3 3
a=w Z w i��w o 0 0 �o o ;
3 O o ?���m� a¢¢ a¢¢
I � 4 �
�• �•
w` o o i
a io a N �o �
Q� Q f LL t
a 3I �I`
x
� o
x
a ,.£-Ol
� i
�� I `
�� I .9' i
I ZZ m i
a� �5 '
1 m � @ 1 �
,
,
�- .0-ZL : �
I 1
Z C� I N O
� N z ��
�
I Q �
� � �o �� �
� w
� � r,- w
; w
,� � � � _
� rn �`'f',}- � -
_ w � .F�� z _ �
a
--,�--
� N
,.
, �
r - �
� I! I
� ��
J � 5 ' ��
�� z " Q
z z I a o � ��� ,
a� , ¢ z w �—: _ .
' u' a J �. — ..
i,i � r�n o ''-��.
i �
� ��
1 �
� .L•L El ,
� �� �',L'OZ �� .
�. �II .,Z',4L ,
3' I �
i -t
� a __
" �
�
��
o w
ti�
I ?U
2
I ¢a O
I f
i �Z�,-,�.. � ' ...
f
� 6
.P
'� �
# � s
O -
Z � t
w w��
w a U
Z
J�a
��
I
v'°0 "°"°""°0 SIONI'I'II '3A02I`J 0'Itl33RH �s�cs iM �� ado�.�.00,v ss�
uI EZE�E'98L-Z9Z � Q
�Tt anox� iN�wao��n�a aooe�axoxs a,�.,,��,�6„�,0,,,,�,,, F o
BNISSOZI� NOSIB '�NI'S31tlI00SStl R INOtlNtiON o '�
z � w
NV'Id �,LIS 'IV�I2I.L��'I� �� '" .�,� ,'-� "''a Y e �
R, � .Es��EER;;
�� 9 q _ �:���
== 'cy �: s
�� � x ,.' -x �:`� ;�
_ _ `°e ��o ;P=1 0-
�� � 3 '.��sy3;,';'' p A
or
W3�
�ag `'s �
9�p �
aw"
2$�
2�� 3 3
E=9 � '
s�eS �tl f
:I ��: __�
- - — - � - - - . . .
- - - - - - - - -
-— -------— -—�--—�----— -----�_
� �- � ,
i � �--�
i ��—�t--� = t 3� Y ?�.
� i '�.
i � - ! ��'�
i !
i i I
i • , �
ie i �
i o Y J I
' � � �--
j _ " : a r----�-------��--�-----�-------- � I
� _ � I
�: � � I
� _ � j I I
i I �
j - - - - I �
I ' � � I
H---�---------------------------------------------�--: --� � g
j Y � I a
i I Y- I �
j �� ' � � � �.t. : I �
� � a
� _ � V
� � ��
� I �`
i i , � W°
, I � : J:
_ I I W 3
i � . . �� .,u� ,..
� ' i ... ,_. I O
i i .............. �� .. �
' ' ' ' ' ' - . .. ,� I
�"_'"_"_'_'_'_'_'_'_ i
�"_"_'"_"'_"�"'i LL ' I
I I �
� �' o � �
� �� I I
� I� �
� / :..... : �
I / � I
j � _i/` � �
i i I
�. � I
-�----------------��-----------------�----��-----�—�------�-------------�--� ------—�—�----—- I
- - - - ---�
']Hi'plo�znv wW�N i Waq'iLOi��Vdl���
nea w,a,.=�oa SIOIZI'I'II '3A02I`J 0'Itl33RH «siM i,ae��+P wss�
z q
- �ezee-oerzsi���
�TI dR02I9 ,LN3NId0'I3A3Q QOOA�32i0H5 5 „�.,,�.�o,�b,.,a�a�,.,,,,, e Fw., o
-� `JNISSOZI� NOSIB '�NI'S31VI�OSSV R IN�tlNtlON z iO c�
c� W
t�IV'Id �,LIS �I2I,L�LHO,LOHd ��'�.'�-��'� �'�;�'� �� "'` �� �' `�
d
,v,���i+Ee"'a'...'.,.
ii: - ��bc`4 Jr c_
o��., - ��$s C` e�
oa� t�;�o
..6 yo
.,O�.SN3��i�#„i'ie
^ C � �
`'� 8 e 3 3
- � # � �
�: _ . _
_ _ : - -
� �
o � ; � ' :
i ;� , F� B ; � � �
,� i �: _ _ _
i �" i
'r e� _
= — — ' i =
�_ � �
� �--�- ---- — --- --�--. ..—�--� --- �
i e
�.�9 P � a
�,�� �` �- � s� �� � �� �� . � -�� ^� \''\ � � � 8 � � �
lo- � � `��*r e� i . i
�'I ��__...�__..�. _.� ._��_ � �� 'r� j '�-" _ _ .. .
I � � �' 1,
;a,� c �� � � � � � � � \���.. ' � �
� � �i
ig { �I j � �ffi8@g � � e
�- � ;a ;
$ �� � � � � � — — — — — - —� j I I �3 : i � � � -
� � � -�—�----.._.._.,_._.._.__..� L..� ��
� r----
` � s C.,..� j { ' W
I�� — " = e
� � �� �_ _�zr.e _ .�_. ,z� �� � � a� � � 8 z
j � ��I I gaass � foe
. � . . :.I� � 33 � � � ` �[
' � � � �:� � I ° . � . . i:
I ?=
: ` � : :
��TiY _ i�� . : :
L-.--- Z
�L_,_ .�._�..:��� I a
,,
' i .� � �
; ',.� I v�
� _. . 1 � � rs . �
� ' I j ° = "`+ �:� : I '� �
� � �° � ' ;� j �
: ' t . : ; �n �
� , o;
I � � � � =e
I a�
i 1 � i ��
� � 4 � I
, ` y I'
� � . � I
` . ' - -.
� --
� --------------•�--•---�•-
, �- � � r�
, .. i _- - ,
�------------------ . .: �
! � � i �
, . : . i
i /�_- � � p'� � � i----..
.i �
� ��`;, � � ! . :.� , . I
i ,�, '
; � 4 I :�� � �. �
� %�; � t � ,�.." �-•---•-
I �� � , � : � � / I
; � t �{al .._� �
� � � -_ ,�� ::�:. 1 � � `�•... I
... _ ., ;
� ' j ' , ; �..—...
� k t �
� .QI... . . . . . i
"—"—"--- ` ' �
--'--'—"--'— '
"—"—•.—.'—' .� . . . .
'—"—.'—" .
� —"—"�.. . . .
—.._.._.._.._.._.._._—.--'----'--.._.. �'—'--
'-_'--'-
_.._..--- —'---'------�., ..—"-- --'--"—'---
._.._.._.._.._.._"_"_"_" �.:cc'_':�.._.._. i—." "_"
— "—"-
r-�-------------------�—�--�-----.._.._.._..------1. . . r'�---•—••—•---�-----------�—•--�-----�-------------�
I I I
I I I
��Ni'u�opoeay muµH A Coaof fL02 m 1u6ir(Eo�
•'°a �a'°"x.° SIONITII '3AO2I`J 0'IV33flH «s iM�,,,ae�N odc�•i,�w ss�
e q
ezee-oec-zsz
�TI dR02IJ .LN3FId0'I3A3Q Q006132IOHS s .,�„��•�,�b,,,a�.,,.,,a,3 FW., o
9NISS02I� NOSIH ; �NI'S31VI�OSStl41H�tlNtlON z M w
NV'Id �I2I,L�T4IO,LOHd �I�iI'I �C,L2��d02Id `"� � �� :�-' �'' Y a �
y,���iNEER"'*Si�� �
epY; - '2':�µ.,n
- _ �-.�'i �_
�� 000 :k��� Yu7
j,�o�. ::�*'� o-
''��sy3-�i�.,;`�� �A
I / I
/ �
� / •
� I
�
� — "�'_ .�h'�: `_i.� .,�5�� �:_b-.-`..-. _.I..�"�"�. ___"
� . •
� 1�1 2� z'i �: �t 7a � � ��`^`� � \� I
o-.� � � ���w��� I
� I
� � � � �� � � +�� I
. , .
, � � '
�'�i� �..� '�1 � � XX � � � ��yl�' � �S� ta
� �°� , � � �rw �o=
��'� � .�..__..____.___..__: � � � i�_ }�
� �, J�a-- --�
l� � � � ` .
�� u zi k ��z �t � ? �� 8�
� �°� � =s �
%
� i � �, ��
3 �t � z� �t � � ? �
�`� �°� �-�—
�--------------=3=-•---�-�---==-�:--.-- .� �
] �a Z
y j \ J
� • �•.� a
� . ' � � :�� . =i ''� �
� p� i � �
F �'
; _ ., . , ,
� � ` ` i o
, " :; o
, i . _
� ,, , � a
i W
, � Z
� . .:, _
J
i � '. �
� Z I ! � F
' ' " ' ' '
;: ' ""
� �..-------------•-----�,j ,�--- a,
�-----------------�"� � <I o T
,
i , �;
� f ,� a.
,- �
� � j7a� �----�� �
0 1
. „
� � ;
� �r ' i '
� ' !r - 3 � � �I-�-----
� � � � / � , -i
�
� Y . i f._.,.✓� �� . �
� �,W�
� .. , 9 ,
� � I-----�-
� ,
, �
� I
-- _..__�
_,_..,.� I
_
;" �
'_'--.-�--
.
�--�- - .._.._. ._.._.._.._.._.._.. ..__ _.._. ,.r_
�- - -_ ._.. _-_
---��---.___. ---
._.._ ._..—._.._.__. .�.._.._.
r------------------.._..-•-----------------"----��1 r---��-----�-�--�------------�---------.._.._..---
I I I
I I I
�oei+.wibe.r wWaX i Goao�CLOE Q 1VM✓�J
uej0ji�° SIONITII '3AO�I� 0'N33RH «s�M����=e�« w:s�
szoe-eebiez� B2 Q
�� anox� in�a�aozan�a aooe�axoxs „�q,��,�6„�,.,,,,�a„ F o
`JNISSO�I� NOSIH �� '�NI'S31tlI�OS5tl91N�tlNtlON O � �
531V IJOSS{' � .Z � W
s�ivi�a �8 S�'If1Q�H�S �taia��gQ��f ' .,� : �� �, �
d
_ . _ _W ..�eH"�HEed....., \
- V� `s. *�f5.',_���
.� =o �ez �� .,, � � ��
� �'� �' °6 �� ��\ S�
�3� �3�3 ���''�rv3���,� �
33'� .� _., .._ �oo
� � _ ..__. . . �.
i:: �
:9 4 �- . � .. — . �� ...�. < '.
��� z I � �
�:: �C
�F� � I Ya
S
t �I
� II
:� �S t II
3e e� �i
m o� o� s s _
Z�. ��....�. u yE 3 W r` = . .
� O - � F ��• _ i �.
t§�~S ;�i S . .
- )��S � 'E
� p � s $��€5� �1 �. .
_. � g��i�� �
<<:a � ``� ,��
, �flR . . �'tii69 i , '
� Q., � I. ��. `� � I ��.
3z �ti _Y � �t
"e F�`�`�°.'. d
_ '� � �f� � � �s
J„� og.R000Qo r' , ... � �.
:K �'o � �E . . k .. , . �.
"� a o 0 5 8 S� ��
g s� _ .
8 :�e p
i 'e � E`� € � 1 : �� p ?s f ' E '
� Is � r �y: �. �]a ti's Ts !. � �j i i ,
� - - � a �es =_� t' cj (c 1 i
q � w # s� a�. 94e : �t: Sa4 !3 k :
. . '.9 I � ' � t�§ ��i 4 �t�iif #i
� �Qo I 4E ia} �j;j �3�scf�Sr If�t � � %� i�€j �L
G : S : 3 ` a�: I E�31y1.� €.; }iF3;� �} �F�j �3E �S� �,� •
_ � � t�k ,+ 4r s
_ . . . .. . �Y s iit � - - - ` 3 ( i � ;
. '` —_ ' - � a }-..
: : : � : � : : i � .=� ° 1 9� {i�a?
- s�s � s�� �e����3�Yi
�
e a { : ,
����. � �# . . � � y i
� _ r �• � ..e _. e _
ra E . F
J � ���atl4 MS�.*r�e�Y�.�_a9'i i�s�a�a� 3 E�
: #�rEf �_
- l � .
�
_ '�
�_
- � �
_ <] ,tl
.{ e+f
i � : " ; p ; �i �.�,s�s{j �S��i °: � � �':
¢ ¢ f � r �
. o .
�� � A � `w i � ' - i Sl � g
� s � x s' � s �1 ��t% �?{�i � g{' I�B� , ��� �
e e Y 8. . . a i- i � -
;' ` � , . ._. .. . . .... . :�E F�v3 t� � -
' Y 7 7 a�.� h �i y ...I _ - ___'_ —- .. .. . .
a " aaa
_ `e
' [ � `e
��� .. Z 5 �W .� �o g� E� � �� � ' _ o _ .
i i } # i 0 2 � :3 9�e ��....3= k� w�`.e W - - 7 '}< �� 2x -
' �3ol.:y �". � "=e=e�a . 'sg'=:9: - .
3 Q �038:€�F6�." ":Vi„q't"o"Y���ae"�>W�wwg::�== W -- S i��:'�_
� :�k��'�33i3�:S � :er:�5��"»>`sC , _
W K i
m 'a-t�lt-.c:34Y"g:: o �'yx�:::-ee=e'=»3Yg _ � � $�s3S
= m W � - � -
`. i : Q g � :f .
g � � oll J � O . g � 'a �u al'-
� '^= E� s
r _ _
. z �-
�_
t z . ......_. . .
w ,
v� _
J ^ ` � : k Na` � __—_-' r
p ��' ` � " �w � - @ s.3t•t .
w ^ a o : Q . : 6 W `-. ; = 0� � � � . � °—__
_ � - _ � "a ^y : � � W� o pe �We: : a5 € � y t t
V _ ' ' .. . � c 83'.� m ,, e' �=830 0 �� L� 7 3
v) c c ? � � � eeW eb y x'��wW_.e:,F c, � ��i .a�s.c..ej �
W ; s ' -s�;��. w "`o��oy.53�``�' q� ., :
K " :FK€: oy�Fe� .: `c's'se §
7 s; ; `s w e i 3 :�. :oa ae "YB=°s�wWW��:- •- . � i- 4.r
�— _ . _ . _ . _ ffcWWWs.Wca=_�� �°aa:s . .. �
; ° � - : ` .c � a �� ,; -
LL �� w ' �y?-tO�I II .:=�.••'o��m9��x£eCW.Ce'.L:.?;e�'�bSa� 8: � i : :# ��l�`•. .. _ � .. . ¢�*, .
'JNi'u1o1w��Y aW�H i OeaN CLOL 61V61+<GO�
DOUBLE EAGLE
DEVELOPMENT
332 North Arlington Heights Road
Proiect Narrative
Double Eagle Development("Double Eagle") has commenced a partnership with Shorewood
Development ("Shorewood")to develop approximately 5.63 acres of land located at 332 North Arlington
Heights Road.Shorewood is under contract to purchase approximately 16 acres of land at the southeast
corner of North Old Arlington Heights Road and East Dundee Road. Shorewood plans to develop 10.5
acres for retail use and sell the remaining 5.63 acres to Double Eagle to develop a multifamily residential
community.
Presently the 16 acres consist of car dealerships that have been vacant for over 10 years.The '
development vision is to revitalize this blighted area with new retail along Dundee Road and luxury
rental housing on the southwest interior portion of the site.
The partnership's goal is to provide high quality redevelopment of the 16 acres that will benefit the
Village of Buffalo Grove and its residents by creating job opportunities,strengthening the Dundee
commercial corridor, enhancing the tax base, and diversifying the housing stock with underrepresented
luxury rental offerings. Double Eagle and Shorewood are committed to delivering thoughtfully designed �
buildings that will reactivate the area and serve the community. I,
Double Eagle's proposed vision for the residential development is to create an elegant and well- I
appointed community that will attract and retain residents to Buffalo Grove and compliment the
surrounding neighborhood. Our goal is to provide much needed new luxury rental offerings that will ,
cater to the needs of today's suburban lifestyle.
The project will consist of approximately 224 residences situated within a four-story luxury buildings.The
building design will reflect the architectural character of the modern homes recently built in the area.
Throughout the community there will be lush landscaping. Residents in the community will enjoy a I
variety of convenient amenities including a fitness center, coworking area, reservable lounge, outdoor
pool,grill stations,fire pits, and a dog park. The building will offer 25 private single car garages with
direct access to the interior corridor. Ground floor units will have outdoor patios. Upper floor units will
have elevator access, balconies or Juliet balconies.
The benefits of the design lie in its balance of proper height, practical density,varied parking options,
and a serene resort-style central courtyard. Residents will be attracted to the community because of its
relatability to sophisticated suburban single-family living combined with white glove professional
management and convenient amenities. I
The proposed project will deliver a type of residential offering that has been ultra successful in like-kind I'
communities such as Deer Park,Vernon Hills, and Wheeling. Double Eagle is honored to have the
opportunity to deliver a beautiful and enduring development to the Buffalo Grove community.
13075 Manchester Road Suite 250 St. Louis MO 63131 I
, � ,
d __ —__—— � I$ O
e r � x----x
■ '\ �
i �8
� . � I
a �t� Q ,
' - - __= I�`� � o ����
I - � � ' � ! �� � ���
i � � ��� �� o ��
z
- - �
� -
> ,
-a---'- I o
; ,ru�o�.��.,--------- - �� �
�, --- ,. c�
� `�
��
� W
- z . �
� a �
� o II � J
I
J
Q
, , �
- ,� � �
�
�
' • - .� , .. �i�_ .
�i, .
� •i_ _
Z i
ww _ i
I ?� �.O. . �i� � •• �y 4 i�
LL> � � O i Q ..� �I
� W . � o
� o 'o� � f� $y :��
i �
�I, o� . �� I�: -
0• � aeaaeaaeal� �, Q
� �� � �� ' �
�_ _I'_ •.- � I F�
. 1 z �� .� _� �• . Z g
� �� � " Oe
i a i
�o .I�� ' i s��ia.� � U o
LL W �--t- ..�i .
>
R ; :
w � _— _
� // � i � .. X 4 �� � • �
J�j� - •
� • �i ���� •
_ .��/� s�, ' '�-
o , , ��� - � „z. — �;, ;
___ �
------° � - - - -' ' - -
-_ i
------------ ---�- - -- ---- --_0��-
__ __—__ __— __—__— - ___ . b
0 1
1 � -' �
l
ovoa iH�i3H No1�Nnav a�o ' �
c Q
—� ��-- -- ----- ----- -- --------------- '�
a
c�� - �
I �-- --------------- mo �-------------- -- �:'o
n �
— o
- �Z
$ Q 5
- LLi
� J'
a - _ � � n�-'_
���u���.::-•�� ^
C� �e
'���s
¢rv�nc�i�F
..nr!
���Y
i � 8 �
I� �_
' � �
� � � � J
� , I o �
�
z ,,�'`� �� y �
a ``" I
J Ir�� �
r . _ _ _ dYJSO_ Zt ___` _ _- ______ ___- .. . . __, � ,M1 Z
� �V9 S 3
I.o - ----- - ,I . c . ' I, I I �'� .. ¢
i NOV913S 0 a
�_________________________________
_______________________________...��I � I �ie
w w � � avnav3a se ' ' ;� W
�F� �I I , I �i I� 'i %' � Q
�i �� U
i �
i ; ii _ p
' � '� g
�, ,, �
a i� ,�
� I ��
�
Z ' , I
a¢ � , �� �i '
¢w � ' ��
U f� i ��
W� ' i�
2 Z � ' I I , 1 'I
W
Q W �i ' i i I i ' I ' � I 'I � 'i
J� . ,. ��� '�� I ,�I
U
y �i
i
� � � I � ���4�� � _ 4 � ' � i i
. �
. i
� � - - � � � o
�
�\
� '� - �M#1�1 st4dF! � � --.
' I � + �
Q Q i ' � � m ��i � �
w� � ' � � I � �i � '
�y � II���,,---- _ ,�,*i �'�
Q tn � �� _, -
za �
r 2 a
1 ��M o oi �
'1t o
z� � �' ' t
oc�� � - - ; � i , z
� � o o �� ��
�a I I � m— I � *►� m � --�.� m m I m � i Q
'�z> � � �� � � — i
a
z�wZ �a _ ���� I �� u� � Ug
ga� �" � ` �
p �I� Z o
m� � ; �� ��"����, �•� �0 ' o�
Z�� Y � .s o' c.�S
�_ �N �� '�� �� � �; I
Q y i m � i
2 N �z �o S �, ��.� �� ry � I , '.
O� m �u � k� 88888888F �� o� � m �.6c .
I
�� �� _ �I �0 i � �
, �`> ,-A�',��- ����� , �
A
I� � � �
� 0° �a �� °0 'w
� �n �m � � I � e
� � Q �I o
�Q
� �° — � "� �> �
+�- � �N o "
'� �0° ry �= ..� �� ��� - ? �,
� �
��' �
, �� #�, -- - � �
� ��uuu uN�
�
� ' ��
� �
, � �
o m � a
m m �
- � — ,J ..�_ 19- m � , �
', - �-- - � -
y i ', � �� �i i �� ' I -. 'o
y i
F I �� �� � `�
i i • - o
ui � '� � _ - i i ( -
w � , ' = i
� � i � i i m
� i i m - I m � i
J _ I - i
Q i i �- ' i I i _'__
F i -_'— - I
W _.L� � � , ``'
� ' � ;� ,� - _ - �',-� ' J
. ��
o w � _
m > ; m
m x
< o ��
� i � - w � �� �_ m �i ii i } �G ;:
¢ �
z
#E # I �
O ', +�'� � �M� i � i � m--
, � F� ��m �A�+� i I a ��;
m
� . .
� � i� --
i .,,.
' � �� i-. - '4��� •�-� ��Y� �'�" U
.'g,d, d ---- d 6 �
i y
�pl
�\ � �
�
' i i Z g' _
` \ i I� J "
i i
� n i
�
i � � d
_� i � a N
_ '_., , , .-- .. _._. ... .. ... . . . . � �v �°�
I%
Q
�'• ' _ -�_i_r -L -- - -H�vei�s�Nia�ineaa ni�o�_s� `� � Z L�Fa�e
�
� :
_ — - ,�
. -- --- - - - - - --- --- ----- ----- ' � . ' � -�„A��
___ ' ' � i. W 8����'
'_ ______' -��.
7 __ _______ __ ___
(� - . % an�`m�
z , N�V813S3 ON �Zl I
a -_-------- ------------- — -
¢ • � �
a ..'�
y T ___"—____'—__—__ � ' '��
� _ __ _. -_'_ _ __ ___.... __� ' �c'1��
O -0
2 z
gW
W
z y a`dOb 1HJI�H NOlJNl�2�b�4�0
� �
a
a
c---7 /
� I , �,8
I C�
I '
_ I � � I •
_ I � I � �
- `� �"� I '�
- -- - - - ---- -- _ _
_____ VB S 3dYJSON_ ,ZL s '� � "
_ __ _ _ __ ' _ __ _______ o 0
- r-. - _ ___ ,� Z
- ,
- -- . ���.�� yoi I Q
i --- NOVB13S021tlA ------ � ' � a
i �__'�_____ _______ _____
______ o ________ r-. ii ,.
� i 21tl32J SE , . li �� �
ii � Q
. O
� � � � � � � � � �
! i� J
J LL
i I� xl �
i I ii i Z
M i � ii �
� � i
O
'i ' � �
�i
i i C7
` ' , = i' ' oiS
) I - �� W
�� F
i�
' i� %i �
� i i
i ,-' -� ��, ��
, i
i.e;9s .s,ezz „a-.�e`� . y
—-- �i
� if I � i � i
� I
4 V 4 � �° � i
�i i
-- e � ii
- I �' �'� � �I c ��� ���� . '�_. P
i
� i ..._. J � �_ I I �
- �i '',� ry ` m I � m ' f ry �I , �
�� � �
�i' � J
_ 'i � _ �i i
i
I �
I
_ I J ' �
_ I � � ' _ �� f j � Q
i
d
i � � m m� I
�
_m� _
� i � I � I
�
�� H m
_ i li
�^'y � d o
i � , I � n
i �" �
_ i ( § . mC 1- I W
� . I �
I
� �l . �� $
_ � �i �'� - ��,, ��� _ -,, _ � U¢
_ ' 0� s{�', .—'� �� � oa
� � .:° Uo
ii�� �i��� �� e � c�7 o
_ �m �� Ce� t�,� o� I
iy
m a
_ '� �� a �� �I ,�� �
1 �Im 0° '� aeeeeaaae�'' � �� ' �'I
�
�� �Q 0� ��'_ - � �� �
� �> — m� !
�►� T�e �
�
-- -- �N �� " �`_ _* �� ' � b
��
,� � , , �I�� o
..L'�EL �eB - ,,;Y,LZ i¢
J �i �� � r�- Ill� /// ��I� I r "� li � � II o
� � \\�� � �� I '�
- i , ��� -/ m��I� i- � '�
_ , i � �`Y^'BBBFI IJlJ�j3�� .
� � �—
_ _ �,— _ _ _
I � �� �i ' � ~N �
I
I o
i �' I.
� ..0'.Z �� �
�� i ' _ ` I'i..0'.9LI� 0'.bL I..0'�9L � .�. �
- ' I I I
I � u
T �. `�
a I
- c � I I m
� i I I
` � I - I
J � I
�
,
i I� _ � _ i ' -
i
� #� 4� � 11F� c:
o-.z o-. � lo-oz ! ' � i��i i
i � " ' �� � �� i " � � � w=
#b M i —
� �
w� �
� . A►
, ' ,o. � � �;
, � #��#k ♦ ' :' *F '��ktl►�
I ,� �� v
� , � �.� �>; , � -...
d 6'
mi d d
.o�
i
. �,� `_ -I�. � i 8
� i
...0'S$ � ..8-.BZZ � �,A-�6L�.. � �. _'
I -
�_ � u '�
i �' __. �� ly `�' '��
- - -- ___ —'_ _ _�__ �B13 �NIO If1842i AgJ021��� _ _ i ��o e
�i . . ��� - - • ', _ _- -_ .. . __ ,�' .
'_ "__ ~__ _ _____ _ _ _____ '__"
___
.: __' __¢ ___N__ ' _______ __ MOtl813S3d 0 ZL___a� _ _ i� any6�F
�
� tzd
_ �'"`� y
t � :��
_ �✓'
_
__ __ _—_ —____—_----_ - - __—__—_�__ � _�
—" "______ ---_ Y-f r Y eS'.9 � ..�
T — ``
¢ _ _"'___ —'_ __ _` _ __ ����!
at102i 1HJ13H NOlJNl�2�b'4�0 �
�
� �� /
- � � ,g N
� � � � , i"
�
- � � � I �
_ � Q
� �
_ , , �
�
- --------� - x - �
_________N�V81353dYJSONVI�ZI____ __�'
_ ___ _______ ___� r
_ r- . . - - -- „i �
i i � � i ' Q
I i � � � � J
- - ' d
r � i�
— --------- I
' i � �-- --- ------------------ -- ii
------------- - �
� � , � Noveiasaav�avaa se -- � -� �
i ii � �
� � ,� �
yy �
p I il J
II I� I � L�
{ it %I �
i� i N
� i i ii J
i 'i �
i
i � I� , �j xi W
i
i ii � J
\ i �I
1 � � ��
` i I I
� e � I
I ��
!! �
1 I �i
1 I I i i� �
_ _ �I
�� � �I
I
�.E��S „B-.BZZ ,.Z',LH��,�� i II
__ �i
i �� � Y 4 I p I � � i i
� i I� �
� �
� � , � i
B
� � I
Y y
� � �� $ S 9 S 8 � ���. i
- - - - - I
��I
- .—_. �I�'_ 1
_ �
i �
i I
_ � � -� I
_ ( i �i � � � I �
$ ' � I Z
- � '
I
i � � $ g j Q
_ i � d
� � H�
_ I a w
i i �
R
� � W
- _ o i
�
S
'� _ _ " � U�
i
Zw
, � i
0
- � ��
t � I �I � � � . � U o
_ ��i� - � � � �
i �� ��', I I I I
- � iz $ li ; „ I � � ' �� j
i5 - I ' , . x I �
1 �m � � I
/ �� � I
<
, �> � g 4
, �w � m � � � � i
0
__ __ � _ . ^ ,. r r __ _ W �-
b �
I P
i � ��C'.E'��� ..8'.86 II ��I�!� � �
i � �
i s � m �� h'
i � � n r � 1
� I I �
I _
$ g i g i
- _ _ _ _ � �
i - -
I � i � � � � -��o
� i i
�. �
i
i
i i � $ $ � �� .�.. o
i - $ I
� ' ' I I I
i ' � � � � .i i ._ m
i i
i g - _ i i
� i _ _ i
i i
i i
� ' i
� W�
� � S I 8 i � � J z.
�� S o � �r � � lJ�...:
� w�
; a ����� � � �;
l ^ I �' W•
/ �
I
/ �i � � ^..�.—.
/ i
� i I P �_
� I r1
� I 1 I i � �.-- � .
,v
I e e a�e , I _ -
_ ,
,
sg�� _� e-.ezz � �,�,e� , ,��� __
� �
_,- � �
�
� m ;d
m �_ , ,�
�_ -- , , —
: - r -----�_ a N_� _� $a
-- --
- -
i ` � i Y�$
� I -- - -1- -- ovei3s��ia ineaa ni o�_s�_ ` , J�E
� - ---
--- - --- - -,s o�
-- ---
�----------------------------- ----------------- �`�, i 4 ��_��>
------------ . __� i a`n��$�
__________________________________ ____ '. __
- N�VB13S 3dVJSONtlI,ZI
___ ___ __--__—__ ___�--__- �—__--_—__ e - ��
T a — ----- - ����
d`dOb 1HJI�H NOlJNl�2�`d 4�0 �
� ��"�
� �� /
:��g'�'�,�� r; i ll �i�' � �� N
��. ,� I ; Q
'�a ',,.. �� , �_ ,, .
_
� i
�, ''� � �� � �.
d.', �
:.y� S
� '-{ >
�..x' i—
� U
� � �, `" �
- ;��,�"����`" ' �
��- � w
- � � � `� a
..� i o; r-
- �� .��� w
- _ � j � � �
� '`'-:
r�i ` ,�- � �� �
,� � x�� �
< ,�;� ' O
��� �k �:A �. �-} ,y '�
� ...�i 2?'ry� '�9EN
� �_- �__ �, i 4�
- M_ _ i ;� i �
� -�
. -- ' -_ ,� ��.: , ''„��
-;f� "+�`" � >a I
,t�.�V z
i
r��� ; g
�--� ��' ° a
��r 4 � � �: ��
� h +-�4 fi � ��; w�
� � � �.,: �
a� �. U
�h "� ��,� �.., �11��:t�,. .�����+ ������� �o
�a� � x � a U o
. ;�y.�_ �
�.�` F �r�v+ �,�
;� < �
��� ;� '
L'�8 i.r" W` ��I
G7
"+ � i s?;,`
�_ � �t �
s� a �f�;.::
� a � ' §:h' ��'Y��U��i'� q, ,,�I�
? 2y��` �� 'a � ,.,:=*:t �'
y � #
:�CI,:� 1 --�� � . "
� ���:•• ' . �
K'�� . ;
, �
�
�
,�,. �� '��� j � � �o
`, ���:� �;'� �. � � m
- ���:�� + w�
,�� .. �¢ w�
� �.. . �����, _ .�
* �'.: m ���-�� Y,`R �= I�
m ..a���� n�
. r
� � `'� '
o =�, �
'' -
� � ',� r -
_ I d� ��
�, �o�o
a �� ��
. �' ��. �' a �F
;��{� �.�
.� � : � �
�, �; � � ,,��'��r. = .
� '� , �?��
� . �.
dx }`� �e �' ` ��� �
�ara,,� ., �a � { � �,�- �4 �
, �,-. �
. r. � � � .
-- -- __ ��-n_ =r-
�R •�, �
�. .����o N
Q
� �
� � � ,;'� � o
r.'���, ' Q
' �' m
�
m� ..... . . . � . �
. � ._..._ . ����..��[r' Q'
,—, , . � ,' :..
� �r� � ` � ¢
i� . ._ , . _. ..
_,
� - ----- -. �
k�: l.. '
I� — —
.
LL �. .___... _._ . _. ... . ... �. . ��,. ;..;�.t<.:.
� ��
O �.
� � �. ap`�=[
J W _ ... p�� �'�1, �'� ,�
aZ ^ � .____ • .�. —�r�_�3 � ` ,
�n= H� 3 E`��, �-
a u� ,>
� — '�" *5 � ��
�`".�`�"�'S0'�;(°� ��V� ���W.:� `�
���, � m
'`,
r <
. � � w � :
��' ��' � __ _ . � .�
����k,�#�� � � F � Z
��� �
. �
a . ,,.
. ,d „ J
v� _- i � .� � •
d
, a� « H m
c� � . � , a R
Y� � � � f� � Ug
wa � _ __ _ _ � �� ,; �
� Zw
s� r o
�N ` � ' i�i ..'1 O o
�� �' -• i� �-��"�� °
�o ,
,.
� � ---- � -� ������� � �.
----
� � ---
r. � �
� y,�si��'Y�y
� G �.!�iY.C��,�
.�
..r._. � � �: .
.. . . �~� � -:..;.,a.5.; ..... �
�
0 } Y
a oZ oo cn � o0
m� �o �a' � � �o � �n �Q w
va ?v ?mZ � <zz� w � zm� ..- 0 I
m U LL J LL J-W U �W_W � LL J Z � �
H Z Q Q�O� d'Y�d' U�❑ Q- .. �
W Z� �w ¢W�S� _��� C71�'i.2z �ijQ � ��
>acn a� a�LLv�v� �mav� =w>3 a�� :.. m
�i � � � �� — '
� � �
,L_
J
u.�
< ;
W�
w=
M=
J
J -
W u W W
� Z Z Z Z
Z a a a a --
� m � t- � � "
w w z z z z -�' �
z z � � � �� "g ��
j � W� W N W M W Z ��S o"�E
w � U� U� U� U O q�s
2 F �O �O �O �� t m�
Q (n W J W J W J W a ¢Ny F
F Q m Q m Q m Q m Q
� U LL U �U u U ��
�' C � � �' � T��
�� z � `"` � � ��
`� � 'i �
,, �
�{ '�� I
� a a_
Z "' �a I I I N
w O J •
� _ z� ; (V
a o ' Q
m '� - �' � _
0 0 � Z ml w� o :
o I
�a � � � �I � �
~ i ailgi wil J N
0 � Z ¢ � w� wi Z
a z p w _ ,,I I J O
0 = i H w � Ji `" � _
m � Q
-''� > � a
v'' Q w � W Z
� x �j � � O
W
> ¢ _ �i��,� � Q
n � I 0 � m �� �, � J
� —_ � W
U' J m J J
Z � wlol J m Q J
O � I� Q � � Q
(n � (7 ��� , � W �'
❑
- ag
W
a g - w�l w,, w�l w��� � W
� � , ,, O [ _ � >
� Y �Ir� O
,W U ~I F�~� I u �
W
U p
� x rn
W w
m
LL � .,��,j��
����,,',,, I v +.a.,��.;.:.
�
�I Im �
� '
o '— --
J
�� �� ,BB IB ��
U ��`
�?
Z �Q �
W =a,
N
.� �Q ,. e I � m
W �¢� w i �-
LL a m . . I_ O B B � Q
'BB mm � J
� o �— a
F-�
� d R
W
� i -- '�i = U�
o z -- �o
p > — ��� U o
U >
U
Z W �_ N
W LL3 , --- oo s
�� w O � Q� -
p rn C9
w =z � . � °i a�g� wi wi wi Y
m � ' � '� w w w w
LL 2� �. '' I a I" Z
d �' � �� .. I~�' O
�
�
�I � � �
�
� _� � �' - .:.. ;
� W
o�W� o '��� �' m �I � ;.- �
v O� � �i (n 'R
Z m� aD W
� J
� �� __'_ I�'. J .. -
w � �
� �Z �� � .�I�� � -o
�� �.. .J LJ -.:.�
� w
W -
m S J I-�,,,� O O
�LL H Q I -� I _. . _
I �—� �
C. � .. �. _" - , m
�W B�I�' .. w._
� I
a �� �I�,'? u G:
_
� �� �`
0 J� �
a �� � t ���� �-
m ��wl � m� � ��
z xLL� Iu�,� ^'"
O v�y� � L—i �`
� Z Z U e
F �,���7 � � —
(n'W J K
Q �Q F
U a m N '
_N �
:� $°�
I�C9 �.,ai '�Fa-ee
Z ,a,'�$
�i p ' o I���,�'.� a�NumF
U
' � � �.ml� �'. .���!
Z I O C ���i
� �
W', Z
Z � `�
� � a
�n a
� �
_ _ _ _
,� O
� � o �
Wi _ �N � l�O l�D l�D O � N �
JG N �
U � �
Q � m
, >
w ,-J m p m m m n^i N C
J � � � X
M I
W `"L' Q
� � o m �
Q ^ � m � � � v N o z
� � 'r 0
J
�
Z w V Cx m
Y a LL O O O M M L
�..4�-�„ ;�, . Q Vai � � M �
� a � N
�
w l7
s a Z
� Y O O O N N
Q �
� na.
l7 m _ o O
\ Q Z _ o 0 0 � a --
� � � �
�
Q O
O
rl Z LL ti ti ti ti N
� � � lD tD tD O N Z
w ~ Q
� � d
` �m
aR
a w w
� rn rn m ry p Ug
X Z a N N N Vl M Z p
p ~ � �p �
� � � Z - O O O M � U o
u Qc � ~
Q G � —
� a
W Q
Vj Q1�
� vt c0 oJ N m .-�
Z ✓1 � Qi T O� p.�
Q N N N N N
� � -..• I� I� I� N �
� � � � � a �
N
�
� �
w �n O O O i�it l!1 : �
Q � � c
O O O
� .� .�
G � C
�>
_�
4�
a �-O
N
�' co c0 cC W �.
Q .--. O� m m rn � ai O -
V N N N N V �-1 lD
� lll V1 Lfl lfl N O .. m
� N
l7 i
W'- i
u. J�%
�n v, J���. �
� Q ul O1 0 o N �-
M N N ry� r M W�.��
,,,+ rt1 �'�1 � ^ W yi�
� Q W W m_
N Z LL ^.-.
w � o 0 0 o O
o LL a ;;'-
�
�
' dg �e
�
-J v ;a°�o
_ �
� � �
W c w a`��`umF
� � -
Q � ` "
� O c � "' a, _�r
� � Y -= Y �° �?�l
o " � � � "
v
a a v � in
u °J �
Q p 'ro w m �` °' `-°° �
yl � � 2
LL � a v m fv ,-, Q in l� a � � m
� �
y J w w w F� � � � a
m a v
= m in "' "' � w � � � r° o � a'
£Z/LZ/6
fi..�
�l�� ��,���`�.,� `� _ -
�0989 _�, _� \�_ � ' �
�sn� _ ,�
��°:n� � �' _
u�i y � ?�_ � F., � �.
�3 J � �a s.a� � � O
zoWew 5 ,ry�'m \ � � ��� V � �
�°C a � �ys�� x" � � ` �� � Q = r
W�6 a 3:..,6-� � �� �R ; ��� M fn I. �r. . .
� Z R s .�� �S� �� � �-�e o � � _.
¢ ` _ .�
m � 'g -
� _ _'@ � � l ' J
z� w $&-5� ��
a o s„ea�„ = —
WUZ Q J����' � �
=N Z�g G ySs3o,� _..
� �Q O Z�� �R R���� � �
._.,.,_.„_._,....._�.....„
� W�w���
O>��r 3
a x - �oo��� o s �
� w =� �.
o w
� Q z -_��� �
� _ ��eK= �� ;�
z � �_� � ��� � �
� w a '� p F'� a e
Z �
� � ������ o �,���pn �� 4�n �
Z W o ���<<. � �
6�"� � b � � - � = �� � Z
� �� 4 o g �� g g
W y = k; n � � � � ¢� � o � p
� Q � � - o ��
� W y Z Z-�}-� � o �' b � �� h �I �/
,
� W " � � � s � � ��
� o � �, o s � _ �� �� W
O L Z g " -
� Z d �� __ ' E: � }a : � y
_ �
� � � o . , �� � a �� _ � -
z � _. _ _ � ;
_ � ��--_ t � = p
y W �� ;o" �� � � w� sa � � � � �
W �j s< so� w �g '� � � � M
� - O W ' g�.� /3 �. 2� _ g` � � � ��
� � � O � �1�;� / ' �: �_ (n � ¢ � � ? � `- < � �
� � v } / � - �� 4 �a
� W '�r ' � o a a� o �z � � �
_ Q � ,�� �--� �� o � � Q = � a- � �
o � c� � , , � � � � _� �� � �� �
� � y O `Q .: � .o� �u o �_ = s ;x €� e m� o �
a ,
. W3
� m a W a� ��; �� Q r� t fi E ��� �� �" _� A^ � W
� H � � �: �� Z 6'v �u d=�, Gy �q �4 `� s� �
�_ m � �� O a�. 55� '�: '� �€ l� �
�
� � Y = -'��P �/SV& a3H.J Q �� � � �� �� ff� �e� �� � �
� � W 0 O $� -_ � ¢- � - �� a`d� �� �
J �
� � _u �, �_ �� ,=� Na �_ N�� , oc
a � ¢£ o
Z � �
� M
� �
� O
�
W J /,_ ��.
� � �
� � �
� 3 T
0
a� °'
� `o
tA �
� � L�
o �-, ���3 5 , $� o � 3 i os o� '� �„� aV
w � �;`�ew'��o:wxsg�'¢��=s�a:L_�P4,�'����o:o' _��� Y
c� ��:��¢�����_ ���os3�y�y�,yg a�� _sxcxda� :
W - �� ., ��C�- > 2�„�p°�uikuoY oo � ��
J -'� �a�3 g�' „� 3���� 3�Y. �gd ' £3ae���pE
x p �� ��,
��}'w�.lo;!! .�..�.o.���.�t�. _���.��a _ , Q ���
� � �
r�1� � I � � I �
�_ � 5-�_�
1
�'°0 ""0 SIONI'I'II '3A02{9 07d33I1H �
fZ/[Z/6 '.x3N3tl 3�vllin�I � �� ��- '�
,LN3NId0'I3A3Q fl'I�V3 3'IflROQ AlNO S3SOdtlnd o �
7dI,LN3QIS321 C71I1iV3I,L7I1W - £ ,L07 M31A3tl tlOd �n
S 4 l V I�O 5 5 V I m I I U
135 A!lVNIWIl3ad c� _
NVTa aa�s �zva�no �I'3[�I39H�8 g0��7r ' I
S
52 ,a, ,� -_
— _ � � „� e o .� .��-,d
9
4 y � _
` y _
g � � < s oo`
� � � � � ��-
� � e � � �m �^ ���
_ . � � � __ d_ _
�
� � � o
� � �
� � I /- ,�
� �_I / ,
��� , '/
__ ,�--_,x=--w.------�-_—_° —_ ,\ I
� �i,� , a � im�e , ,� Me _ _�� _ i
� �Ii — g
I ; s Ma � i
i �
a l I R J�� �
/ ,
� m �
i I
� ���II � �� � '.IV 'r` r,��.- ti i
i� � - // �Il�� I
� �il ----�-- ��oY //� , - ���,
' i� so i� �
l.
��oy
s�
��
� AI a yy�/ w��� � �
� � � �'� � � '�� �� - - - _�
w I - - --- — ---
$�3 �I
, � � � � � v �,
-��
� � �_I � � :m Ij � * - � � II i
Ii �� Ij t� i
o II �
Z � � � •,, (
_ I
- �`•� � , i 18i
1 #�
_ , �i,
, ,�� r� I � j��", �
' il� . . . � ' �,� !I
i
' i -----s i - a `e� ��'aw , a i i ,
� ii,�;' — ----,�— � � S I
- � —�----- ---- � �
�h —— �1 � �� ��`�� .�> >'?oi �' � A
� ` �� i
�
� r i a � `��
� r n `1 � � .
' I � �' i —f — �� �"
� _` _ i g� _ � �, � '��N
I' � 'I I \ 1 ��,J& ''� 'Ir � � � �\ ;�' �"� ;' '
, � � i
, � I S I C '� � �
� I �� ���, r� �� � f e, �' s
�� L li �I� - I I • � lii�',e_
' � � 1 � �
i .� � �I l...J qBBBBBBBB �I .
� k �
�
� � �$
4 �i� �
I w
I i I
�J g? s .�1'`j —
' I�
I � � 1 0 � � $ i. --
J I � � � I �.
�, � � �o _.. 1 � ,k ae ae �� I
' ' s— ��'_ - .
� I� N � 'i_
✓
a�R�ie >o � e ' '� I
� o� .I
I �
' as� `I I /
i��i� I I - � / � S � �—
� � � ����� , � � � _ � ��� � �
� I � 1 I / - i I
�� �I I � �- ` ��'I� - �h�—
a -
�� „ I�, ii. .� f � ' ° � � I
' � � � �-- — -� -- /j�,� �_ � , ,, ,.� �i
� -- F � 1 ' � � � � �-
' I __- ----- -- � - - ���
�- -- 3 =�,_�_��-3 .�, �
'_ _ ;� �.. ��, o- -- — _� ,���S? - ---
� — — ___ f -��� �I
� 1
———�— — — — 1—— —
�avo -
a S1H`JI3H - -
N
O
1`JNII?JV Ql0 Z } �
—"_ . __—�—�—�__—�—__ __—__—_—_-—_-� _—_.-—__ _
I � --- -�, �,- -- -
�JNi's�o� Y �H A V of f202 014fii.leo�
"`°0 SIONI'I'II '3A02i� 0'Id3311H I
�zi�vs �M3N3d 3�
,L[�I3N'd0'I3A3Q 31�V3 3'IHROQ AlNO S3SOdlifld o 0
r
7tlI.LN3aIS32i x7IWV3I,L'If]Ni - E ,LO'I nnalnaa aod �n „ �
63,Ltl]7055V y
NV'Id �NIAVd QNV 'I08.LN0� 7VNOISN3YVIQ I�3�� g���f ''. 13S AtlVNIWll3!!d c5 _
s `\ �
R � � _
_ � � R �. , . ��J���dsr6 I � 4 �g �� o s�� � y
5� r� g
� I , • I `\ roJ g R �u �� ;�� '.
� �I � � �� G 3 �'Y a
o � 'e I x z N -o s§� 4c�w � a
y= � �� ��N �C�'ff �
b g � ' � Q� o � ��� $�s s�o� g :
" �[ �x� ' I i � �" _ � gG� 8�� s��o ��
�� � � " _� s a
- gff :.i `" �� s �� ��� s �a� � o�
� '� � ��� ��� ���„ a� �g
� I � , I I �a- � � p� g,� m� � �� �„
I �� �' & g�� � �� �a
■ iN �p �� o� -w� a��o _s
� , � ■ i � � _ t , . . e _ m
i i �
, �
� ------- ------- - --- - --
�o � -I� � �- � �, I I���� +- � _��-�� - � i ,
"{ i ,,,� „ ,e.� _ _ .,, � ,
o�y I ■' -- -,�.,.�—.,� ,:�, ';i I �
;_ i �, - � � li � �I � � �
��� f-�.. , ,nm,,,.�.n � � a � � � � 6 � �
I _ v.L-3a5a�.n .s�....r _ �
$ ��" ��
� I _ ,�.� �� xi.�W�.,�� � _� ' ��
g : Ir
N-� " i
� � �o � �-r�,�� � � � •� � �t°' ���� € - _
v . � ' I I � I � � � 4� � �Q � -
��� _- I . I . ,,.., -� _.� e . I .'ii I �,� a r w�� �
I Y��� , I m y � � �i s � ���w��, �s �� �s
- c - �B 9' � P . - o � I �a��o �`a�ec �3g��e �`���o
� � ^ y��m� ���o� �m 3� ��•3�
`� 1_.� P u� .�T, �oy q-�� i� a e . .
_¢
- ,
� � ,
I 4_€ i i
n
I I
� ! - �x� scc�m'<,%�e' ;�a.o��ti�. _ _i� � � � �
� . ,, `J
s�o e�si"w�,�z_r„_ -I-
■ � _�� =Cs - , .. � � I
r- _ n i
i ' ` � c� ' „'�_ ' I I
I -- `_'� ' 1 - i
� --�I � � � � I
� I
r - - I� �' \
I � � ' � �'�
.i o , � , ; I � �
t-� n � , ��, —
il
I �` LO � O , � •'
,I _ � �� �� o � �
�, ; � � o -o�� �� � � o; �_ � -
� � i _ �I "� 8 ' '� aaaeaaaea � � � _ ;
I, � � W��� � m � ' �I----
+ �t f � � m 0 : , �
� � - I� �i m / � "� �
; m — _
0 m � �_
im I
dr .��T~ m �I = ;�
g p 1_ ,' � � m ��.I
s� t- _ � m � , ��
�d - �i': I � t� , i
�� �� �� t ��BBAA AB� �3 ---
i
ra,r,, o�
_ ��� �� °�i
- �i
.-1
'��
��
i
_ � ��
iI —
' i
- - S'E
_ � 5 I �
� p�l �� / gv 7 �—__-
.-� �� � w� / *� a e I yl
e , I ��� d 5 c �� � `__ _ 3�€ 31 0�
. I w'.. _ „I i k l
i �' }F / ' ' I{ gl
� �I � �� � ��� �� i �
■ ���I �<.,�,.s� � , , _ ,,� ',�_ o,��.�„u.o� '� '
- / , .,. " s� �
��,�.n, .,, � ,
� i� � �� ,
,.,�=�=.s.
' �——---� � ` � � _��
_
t ------_--- ------_— --
-ii—��r�.�_ -- �_
." _. __ _ nll..S`vt.L�l.� ---�JC_03'3"!'YR 1rL-'=...,.-- _I_
�
'_—_'—_ —_ — —��-I--- � ' ______-_—__ " __-
----_ o � NOC'�B'48"W(MJ 318.OS�N�1 �
c -
_—__ i�r0'0}',]'E� 51 S"�D) � L
__—_-��L_--�—__—__ _'—_�—�_�_'_"'—_
� ' — _— _—_'_
■ ��
-—�b'..a�3n-NBi9PNl?JV-�l6_ _ _a�_ _—
__ _Y-�
A ag
��N's�o.�oc y.a�yaH A 4o�of fZOZ 01�6�aleo� I
�
i
°'°` ""° 5IONI'I'II '3A02I� 01V33RH
CZ/GZ/6 �1'M3Nitl 39vllin t --
iu�wao�anaa a��da a�enoa ��No sasodand o �
�
'IdI,LN3QIS32I C'III1iV3I,L7RY1 - £ .LO'[ ' M31A3tl MOd �n �i �,
52.It'I�OS 5 d � �
NV'Id �I�IQde� I�3L�I3��8 g��dl' 13S AlIVNIWIl3!!d c5 :
�I—
\ / r �
� � �
, V � �
R � ?a� °'�'�`�l� _�� �� '
�� � .R � ...��°r�e c�a Ya �
� °s ��" va�
� Q4 3 rc
� ~� � � P d.@ f � �G$ ��Y }=^
o � � I � _
J ok �'m P
w� III /� e @ �
� - tII-:1I���9„a��l ;I _ 4 _r I � � � i �� e � g�, ' ��-oe s�ag a�
� I I I 'I�ys����l I� �f I I� � $ JII ��40 ��� ��
�� � S H� � I z'z a�� 1�
1� I � � I � _ � ' ���� 4�: ��
�
■ °ie � $ j�m^ I m P _
/ �x ,��
� y6 �
S. $ 3�
m� $ o�X� �u'�
•q � „ G ��
k �� I � �� �''"
@ @ "` @ @ �� ., .,
� ___"_ _ „� � - as � �., �� g T. ���
- T �_rt�� __ �i Y 7� �n yG= £Yz
- �`� __ ___tlti ___ _____ __ __Y_ _____ __ _e___ � - 4� � g= ��b �y8 �i3s
I � j �.l�g---�_ _ `,sL y---�e - i—�&.�'-- i �� �' �£5 ��o s�`� �c_
�_� g �\c ii � z � �k & �S �:� Y�5 �„�:
�d / il�. $ _ a 3"y - e�
r � dr _ � I es �� £� WgLL '
.� _
&I� �`� ,
\`� I" o� s' as c$�
�� . - � - ��� ���
� $ , - _
� � �F 4: �� € _ �_ �� �m - �'
� - �5 � a�_c
ti � � 1 �: I '� �� �g �.� � - �e= �g�
S .,� '-��' $ -�y G.�,� ��L'�
_ �I � , ,� 5�m��a�. .�/ ' . �� �I � -' sF ��� - -
� ��r--f --�---��--r����f-�.`—�--�._ --Ih 1 � Q �� ��� ^�� ��� '�'��o
_ � s IE` e � € E '�§ � �� aL �� o� `"�. dm� "4m ¢Q��$
~ �I � � � �` $£ � 3 tll 'I 1� ? <� �s �� $�� �vgo ���� ��v'...
t � � � I�N�ff �
� � _ y �� ' / �� � � � `� � _ .. ., _ � e "
��...i \ e
i �" ��. �& �e � g � -
�_� . I�_ b �_- ,
;o ° a � � � ' - y,V I
I I I � �-�� �� �
�� g E *
_ _ I" .,cl� §s n� G) — � �1/6 II .. . yQE��� I � 1 �'�
_ `� Y . " — ,Y � �
@
__ °� � I
� �'T'��, - —� g � �. �I n � /I� ' _ I
\ i __ -
• 3 � !g /1\
s `z
�� p � I/ 1 ` � _ _�Z .�.
� ,! � � '/ I I ' � LL� -_ '.
� R & B .f� � I I I« z �L�c` ` p
g� - -..� i'C(M "7F9'�IA� .„ � � ol � � � �i ' s '
� �F I�: �oo 3 wi,3 i��n4c_ � � � a =s � � � �
/ I� n I a � � � � �Y N Q Y � � _
�I � � g ��B� � 8 Q �
�� I6� '� '� S � y �a��� �
_ —� � S l �9 — — 5 �����I�A �. � � � � �. 4�a� a o ,.
� � ��@ ��_ � .,. ; ���
( � � a� e i I ti � I � • � � k �It
/ II I F
\ � / �
�n/ < Ii I� E 11 8 -��A � I g
a �
� " .},$�I _ �� 8� — I � �
� ���� � �� 90 � � � ' �e
� '�I� � � m s � aaaeeeeea � � '�
s � ����,.���_ � � - — --� �I�I �
� �;� � � � - � ---
, ��, � c ��,r
� � � ,� ���.
— -�u ;I ' N� m m ��� �,e�
�� �� � � �� ��
- I� �� �BBBA AB� a I �I=___
�� _�f '��"- � a �, -- �--- '��� ——� �'Y- ;
�
_ �
�i � ��F I�� �q
s �a
� � �
� � � ___
&
' Y
S �IIrL` "��
:� e s z
o I x 8� _
6
.� I ^, as g _._.� I ^gm
s
--- � �i�.
=�, � � , �
� ti � � �
���
� � � , _ _ � L- _ _ '�
� I'
F l�-
�
! � —TC ❑ �
f � I � l�i � st � I m3
■� �II�����/ ` � I � _ k�� t o � .� � � --
_ �/o I �' g � �� . �� �� �`� � � ��� �
� x
��� I
j — I I 1� a &9� / �-f-----g� �--- ---FK �If e �
J J � \ �: ���g-f*e11W�s6+-- / §f ___ f _ n e — _
� - � �
X � ��@ �
� i� Cri;.sivcL
I
- -- .�^ ^ 17..55.s9.Z^ —��'1C�'OSJi'E(R^iL:``- `
'_—'_— �.�_ a ��__ " —__-•� . __—
_—__— �A � 1-'"' � ti !� NOC"�B 8'W(Mi�78.09'�1A)�
,} _g�'_�__—__—'��coroa',.er,c:ss.��(o)Y__�� - a—___—___
� -- - ��j — � # S � E � -
� � 4 tz �t
-----______ f � j
Z-—�voa--s�s+3r+-nefeni�av-�o- -�����_
� t
��ry�,'ca�ei�occy.a��aH T 9o�of fZOZ O 146i�(Oo�
�'°0 "`°0 SION111I `3A02[9 07V33f1H �
cz�ez�e �M�3m3a 3�v„i�o� .. .....
.LN3Wd0'I3AHQ $'I`Jd3 3'IflROQ AlNO S350dklnd � �
'IdI,LN�QIS32i A'III1d3I.L'IRW - E .LO'I M31A3fi FJOd � �
431dI70S5B � II U
Ntl7d x,LI'11,L[1 I�d�� g��dl �', 135 AtlVNIWil3!!d c7 �
$ _ �9' I
R �• ` a � � Y � E '
_ — '" A �0.�6 � � � �z
r6 I o
�, � 'faS 2 `=N' z � o�V" is
� o � `1 � � `\ I o � ns i� ��
��.6 � �-R ;�'•.�t -'&�k I � J o ,"n �= Yv`i
a � Y .`3 '33..•� �� `��7. o � 3 �o �
�
btl..g4�� II �e e �� "8
g3€.e a = F I � �� � 4 g � � `s�'. �3�
� .3 I g$ k� :$ .-4 � .$ _ ._� '� I,,. � � �� � ' i,� a � � �^ „3s
�� pg 4� 5 d YS. _ - , .a� I L Ic y �Y � � �y �g �'1 ¢o
l� $ J6 a• I '�$ i � �W ^ � � ��� �t 3 8F~ 3`.
.I I I � N �� �� � �^ ��� � �" ��� �
:�aa . . . Im. . � �# - �8�' : �o �`oa =��
__ , i ; � � �� G� �� '^� �Y� � k ��E �`��
� . . 1 rv� i - § �$ ` 3>Y�iE�' Y i4 � _
� _ �„
=� � 3�� >fX� � ., �
• -� in. Y_ _ � �
- ____��_-______�____ I\
SK'� �n ^�r __________ ___________ ___ ______________ _I_ _ N� � =�
I �i_ I 7$�- -- _ � S oz � `� Q �
- 1 �� - a. � I W 2e - ���
I ' � �o � �.�.,s
- ~9' r = �'a $ .�.- III n� � �,_•, m�a
-- y.�i ' _� 4� _ 'I � _ �,�_ � �� S �S�
'.p 1-:e _ NR �E � �� _ , _ ' z
- _1_ Iv . � II �� ..�a' _ mr
6'' � �e � ��x$a�� ' I �� 7�� ���_ ''- �� �� m� ��
f p � .�� R�sey� I I " Q s � � �� �o ;��
I6 I; s�l @_d d J��� ' `� �= g��
�?=§ I �R+�3is��8=f3s m o� R �' � 'i;g ' �i � ���"a � ;� a �g -aa
- g.,g Rff :a�saa -g ff� _x S�a_ I i�� a€€ z � d �a�.� �� �� �� ��s�
- ��$,L� '�.5 -- �° '�" � � Y: � . � c$� =� �� �� a��
f �i � �.. __ �. ;�I�``'= w F ��g� �=== � �� �o �� �m�
;� � n � :m�a �.�,_ i , --- x�.��� ���� = - G� ;� ���
a i '�-���.� "� ;� -- I �I �, g�m��s `�&� ��:� �� .. � _
- - �o.���,, �.�.._,.- i
x ew e��ew �aw I
B
-� o
_ _ � ¥ �o
��yW - .
_ �
3
, -H'u o $
'6�� I�s 9 . — F c
--•�� 3 i I I __ :`__ z� � �og� 5 4.
� \ i _i � c��� �� �Q
i:§�e I I$e o-e € ���� ��^ro�'a7°[(M)��A.a��trnj i 'g j � \\ Sogr cff ��
�� - �L soon��3rwt�)zi�.��,,c. »
a��$P'�I�ax_ � :� �� ���� � �.x � -. I �;x�� "ga� `' �€
� _ i -- yo�g ��
�=d.�.6� g�e ��ae�r �A"- �� � _ ��� yo ��
¢�. ��� - e ���5+�-� �� �-
=�`$�g sl �� m �II' �:�5�� =�� �� �#
�° .� : 1 � _; � :�fi� ;o � �� �o
�_ ���� � ��
-= I�eE: � r�F- . - s I ���3 = 5w�o �
- �
-�&_-- .�-- °:� .a$� -
� : — � _�-- ���w ��
. 's^-� s:
�z . s.
-- et.sg. �^ .a, '�� 'g
- _�
� € I �Q.�� � � =j
�
tl�y &s� ��y3g ��3 �a
. I " ��5' ��� ��'
�'� ` �� �� I � ���a: ��� ��
� � �I 1a�x _ { � � I ������� � � _ m �
e I: �- � eaaeaaeea � L� _ ;
� � m m �, �t:�¢ = F _ � ���
� �I �• � � � 3�� q��b��'o �
" � 8i. m m _—__- � a � ... tk.,�. �4
me. m m � Y: �� w
.s � e � . _
�7-u .,a
. 51 � - � a
�s _ m m ��€x I ,. o. �
� � m�
-. , e ��3'
m m - i � m =�S ., _ o
- c p � o `�
m "� $`� s
x��§ - b . o �, � _
I ., � � �
i� � _ e
��Z x _
1 5'a, . o . ��'"
�e � _51 m `' _ a � � ���� �a..s<o�9 Ye
..� a� �*1F� `�_��_��' >��
Q� I I m m I _s¢--"�� � `c� �� =gg". ��}n���� ��_
'�� �' ' -,i� ����. � y� �� �� g = ������ �a
' II iF�s� �GA ��B99B BB�� �y� � I Q �__ , � �o ¥� gr �s i���,��'r �y�
e$ �I"6m s �3s -� � ���4� ���osos� �
-" e §� - '� ` . g � o�Q �P��= : -�<�u ���
� � il °'i _s6 �� �a 3`g�o ��§���� �s�
" � � 1 a .. I : � �� �a` =� w ��i"
� �^�e sll � a F i _� e$ � esa ���`�s 7g���`�4 s��.
"5� %a .A. I _� :�d SY o �� � �m� BS
_sa� _m�a i e�$ �a�� §�e ��i ', € li' - � �� �o= _�s��m�c �e�
' :� -- �a�� S S � _ �4 os�' �ss'x�-�� '
. a�
�S� .,� o � � "��
_ /'f r•M1S__ ., �Y
_ §
Jt �'y&i
2 E
� ' - a sY'^' 4wzw
-- � �a�
�
s .
W ��5 -
' � a
r / � �Qo^_yE� -
3 _ �ops= �
� x� � os=s
i -- - - .,�.
�^ >�e�s-o
Y _ ,. •�
o � :� -�, �.,a � ' �W w �..
$
m � .�., iF� I -
� ra •F� �
� § �
" ra
^ � - `__ __' ��"ss�a: '.� -��O I � _ ,. .. e
1
s
" d ,
h��^L-�.:: ' ' ' . ' _
� „s^" �C I
� � � � ���� -� _ i �___-
� �Raa _ � — s ,"' _ I, I
y _ i:>•_ - � II�
I —'
� I
, - �
_ ' •-E21).M�+�9�- -- - �
_oea
.aa
x � ra.o wo..
.$z , i.-m. �..
. .
P ' ^� �•� __ ___________ ___________ �
-(YiU.Ci4i.i__ + I
I �' __ -�vC UJ'�%'i1R'-2�35'Nr"
.' __ __ __ � �f;�.,SS,vr.L�n - _-
' ��_ _ ______ __-
'
-- — _ � ' 0 �E48"W(M) Itl0 !MJ �
.. '' ' __L__ �'..i"E��;-S1S.0'(D) ..
� —'_ _ __— _—'' ''—_ '_— _ ___
-_ I �
—_ a AR�s���
; �m ir� ����-- —�70tf--S2H9F7H-N9i9PHl�Jb'-8lo ia§-���"y�_ _ _—_
w' $a���� � ��
-�-- -- -- $ ---�V��--- -- -- - '�----- -----
?�-� a�'= _Y
��rvi'c�. v i H A W>e�fZo2 m��6�.teo�
°'°` "`°° SIONI'I'II `3A02I� 0'IV33RH
cx/a/s .V,3N3a 3�v'�N a � '
,LN3Wd0'13A34 3'I9V3 $'IHROQ � � AlNO 53SOdklfld � �
7dI.LN3QIS32i x'IIWV3I,LTf1Ni - E .LO'I s=��,�o s s v M31n3a ao� � �i �
,LIHIHXH 3�VNIVBQ Q2IMW �3�-I�8 $O�Kf 13S AtlVNIWll3ad c� _
I � ,� r ��_� ' y u � � c W
g 1�1 f \ �F 4�' & Y
R i r � o P m = _ _ $ � � � o
_ aP
I �I I
� —
.�a 7 R — ' 1
� �
— I
$
�
k
' I Y
I �
I � : a k
4�
� J�`Y I \ � e� - � €
e o "s �
a=� a _ i � � q a� aqz ' o � a
7 �€ a � i . � t�\I ¢ w � � = 3� 3� � 4 = g `�I� �
� f � � / s � 4 � " 9 o g § � � o
— _ I . � I�f I y _ � � w g €P 8 � � $� �� �¢ 4 � � � .Y 8
i 3 ¢ �' �� �' �,� Sa 8> � �
� � � I ', � � sm & b � E^ �� �r 4 Y 3
� �.v ._ ..., �_ _ � � 4
I
J �� � � j I ■ ..
_ �
I w.
�
� I
w���
`� � ` 0 * 1
aYp %a
� � 1
��� - - - I � � i I
_ _ . � o
a� --�----- ----- ---- = — - �
��� ti ---- ---- - ---
_ �s— � � � � ` �;' -
■ �, • � ■
— j -
, i �
3 3
� o§ — � g 3 � �
` €2S�g'$ � 5 m �o � � 5
- l �� o �
- \ �?g&g'^ \ �a
f
� �
. � & �
l �� .
� _
•.a. €m
a o, �
- � w .. .,
t3 '�
1 3 2_ u� �Y
�' � � i � f ` � 4G� l � : � 'E' � � � � g
�� i � R �� ^ ` �i a � w a � � �
� / \
Y � / 4 // \\ (I�I I
( ��/ � �� � / . ' �TI 1'I
�-�i � I �/ \� V —__
\
�� —
—� J �_�� �-7�
s f +
� � � - - �
I � , -
I ; `\
■ '
I ^ �
r
� ` i
�� � a I � � �
�I
`� e
I � i
g I � I
- � �� � ( h��. � �� �
� `�! �� �11, � �
/ � �' , �
���� � ����� � BBBBaBBBB �� 4l'�
� 8
I rj ���e
\III\ II � I�M ���� � m N � —__—
�� I I
� I
I { I
�
J � � � � 6 m o r�I 1
/z��.-„� '� 1-�� � m I � >
���� I �I II / � � - \ I I� 5 �
_: �I �BABB AA� e � -
���'o a ; �-I ' 4� � � � �,
� , _ \ ii��� � '
�
sLL� lii iY ` iil �" � @ � -
� S � F i -
- 8 �
c . � � I
�
I
., 5
�
o � � 4
m�y �� E -- ���' � 5� � _
� � �— — 'I�j '� �' =
_ �
_ ,
�
� '' � �'�� i 1 � — — - - �z � '�� �"�, � �
. I ��` I � ' ��;�: ��,
/!� /�� -� i� � I� ��� ���� � ��`
„
� I ' , --.----� ; ��—�. ��y i :
,
� ��o � ?,/ �, r \ � , —�� ti— � , � ,��y � ��_ —
,
FY
I e •_ e
��
� ----- � --- � , �9 � �
---- � ��'-�' �-� _ ' �� e.� � �y�� ����
,�
. , ;
---- �-- � �- _ - --;-- ���s ,: ��'Q ,��= I .�
----- � � , p
_ - - � --�--a----- � � �-�-=� ' � ���� �
�
--- — ------ ���� i, � �
� y , � ���� I� -
J � � "��' � �� �
1 1 �€��¢
_'—__—__—__—__ __ __ __ __ __—__ f �'dz . i s9'3 �
��_' i.'_ 'g�
is°'�a
�3 ��� ��g 6��� �
'�Ni'c lo� tl )aH A Ge�ef f202 m 146�.tao�
.,oa �a"a.==aa SIOh[7'II '3A02I� OTV3.�f18
SZ/BZ/6 31tl4 tlBiNx3 lvNi�itlO o
in;awdo�anaa az�va a�anoa � �
,� ..
�viinaaisaa xvwvaii�nw - c io� I ;� u �,
53SVI�OSStl
n�xnio,tnv x�nxi ar��a I 2i�[�i3�I a8 gO��l I I`�'�� ``
g
�
,�_ � �
0 o v a
� � _ _
� O a
x
o �
O E
ry �
O
N
�i .� L �
QI �r�m
I I / -- -� I
; I /�
I � �
� I
� � �
�
�
i ; --- ---- � ------- -`�
� , �
° �
� I �
II � � �
�
� ' I � �
, , ; i , I � , i
(
I A i
�,� � ' -----------�
, -----_- ---i-------i , �
I � r T �'- i
� � Ii I_II�� U II i I
I ���� I
� w� � � I �I�I � � I
i � i II I
I � � VIII III � ���� �� � D
I �= - - I i �
i
i �,� � _ � � j '
o," ° __ I �
I z
_ : � � ,' I1 � i
� � " � �
I ' I�
� � � � `u � �
� n �
� — �
� �
ill ^
�
� I
� � ���� '�_ Pa aZ �' ,��
I �� • � �
I
— BBBBBBBBB� li I
I $ U �
� $
I I I - $ \ � � I
� �Q� m I
I ,�'� I I �,/ —J
I . . 'i; 0 eeae ae � i �
i �
i
i
� I
I ! II � S S �
I i �. . i , '� �i� I I��, I I
I
1
/ I -, I
I
I �
I ���I, _
� �I �� ( i}\' �� �
� � � - ��i
. .
. .
I' I I - . :.
---—
i
-------------- ' ----- - - _--- --
I � - — ------ - _-- - - ___--- — --- — J — --�—
- - —-
i ovoa `siN"siaii' No1�Nnav --____
ai
- �—--—-- --—-- --—-- -- -- --—--__-_--—-- --—-- --
�
------- ---- - r--- ---------------- -
' � �w
>
i �_ �
, � w�
00
m
i I I I
i
��Ni's 1.ocsy.auioH ry 9o�of fZOZ O1V6�.1eo�
w = o h _ a �
e o ry � o
� .` � 9 �o c� • c � �� .o.� .:.
O kcQ' C y�oi.3 Q o a`
o Z
p� . . _� . „ r y� �L c�i L`
C Q) C Q m 4 � ' o h z c O � Q=£ o,a d �L
0 �6 p N�� 4 p p° E o a L C ° '�°;';„ ¢p' �m
1� C acx E :�w .cJ�c E m �°„v ect` �a
� �y R n�'aa � omc YE c � a�£�� oo`_ �a 0
y C � �' � `�� � °o" �_°� � A n�<ma `nu - `mE' �
Y .y. Of� � ' E.'c_��t a Z'e o �Qr` � m°� °°��Q U �o'Q� x e m
G GVl W 01 _jy; Q 'a,3 aw.u�, Q �o o. o un
� 6t � a y C �_ o= e 5�?3 �_ �� e mh �.o��a u°a^� no Q
i � C� OI �, C°'_a ` �o "'a2" ` �m o-cm �j¢ � y`
�� �.1,w G C �ryvn �a mea =ma,-3 uN at oy�1Oc' �`6L �E 4
e�=E e W
� a �0 k 01 Qi mi �_c m° °n?L �Q�� m.5 mU EQm°o� 0000: m� ° .7
WQ 3W N Yl :LL�na` t�iZ CW`:" ¢ hcm W� G1� w�Ec�� t1;��N a� �N y
O � � O � O O ' y
9 — o0
v
; o�
5._8, Q _ _�
-�o
a - -
� �em�
4 Z,g„ 4,,. 3�� . . a ��o 0
a -
� u �
4 1-4 - W ��
m „
, i_..,--� L.�,. __'_ } ,;m
;��,- � } ���' J �e�m�,n
■ ' i I �.�, _ m o '
� �
t �
;, ; '� Q u
� t,� ' i"" I _ �. _ m
.. -._. . . ..___.____ �i��`.. � . - C?1 c �
' _____ e�m ; - I
b�n 2 ' '
Q � _
— - N ��e
�
_ � 7�
- - a 4 0 Q � �o
� .. 3 . 4 Z�� 3,� . �
�,� 3,�„ �,� i I �,_5,. ,! j = O
�� _ _--- -- �� � -�--- _
�s ra izsre f � (i1
� �.
v��'� C
4 , �
� ' � �I��- I
�,
� �;
I�: �� �;'` ' I
V J ��� '.
_ ��,► � � _m
' , _o
W �°
�3���_... 9
R �
� I 7.: a
,�. � � . P�t.-, I a `V°o
�' I ��
��, x �"� i ii e� LL
O �_ � � ;�e
I _
, � �— , � = oh�
- �k ', �.; � � 3 �
1J k� �" !" �. (p1�U N
_ i 1 1� '�
`f p..�
4 f.. ( 4 �'. �^.�.��•
��.m
� � �.
Z ��;-� �.
_, �A; �..
�I 0 � ' � -� ��
�-;, 'i �
;, 0 � ' � �
� �-,' i � i :
� � � I i v
��� � � � � � (- ; � , �
�� �j r � d
� x ;: n +
a
{ � S
��
�� � I },�..€"^ ��_� �� � .
— . �1 �,�., ('� 01 I,,, e
j �a� � � �
�{•. o i >
v , I ��`I��d� -�-- I �
e
4�
U ' _ �'
_ �' �j
��
C
O�^
�` _
��
�`=
wl'rolep�ry r uo746neN lo/q 6lOZm
.__ _
_ � I � 8 p
�
� �
_ , a � I •
�
- � I� � � J
�
- Z � ,-� y �
_ Q `4� -�
- _ � _ � _
— --- -- ---
- � OtlB S3dVJS0 ,Z� �'. .
___ _s _ '__ _________ _ __ _ __ _________'
_ r-. , .- ..-. -- . , . . --- ., - � Z
_ � � i
ul �" � � . �. _ _ �� � � � '' � .. d
__ _ __.__ .__ ` �
F ' ___________________ ____ ___ '
_____________ ___ _
W W '� I' � _________ MOtlfi13S @1VA?JV321 SE -�ii I W
w a �� ' a
��� i � Q
y� p ', i I i i %I U
i T i� O
� i ii %� Z
�i �i �� �
M i 'i
i �i
� � I If I
i� i
I�
� `E il �I
1 � II
I� __
� II_�..
�I ��_ -�� . sE
�__ �� �
� i� I ' , �i, i 9 � 9 p , � ��� I, r
. �\ �\
�
a� $ ! i�
� i
- -'.--. .., : i s.,
� J �#�� ' ��1► +��lNF•
� ,
❑ m • `
� �
i � I — � .r'•,
�a I � � o � a m � � �' � �
�uwi I � m � - ��
a m �! �'
' � ,
ss � � a � � � � o � K
OC9� ' I I ` I ` . � � Q
i
o = o
I
J � m m '� � I fn J
�Q� ; �i $ ��A� , � ;__����,, - � � (� a
Z W 0 �i i �,� � �� � = i i a R
Z w� ' $ ��=� . � � u� I O U g
gao �� ��� • � �0 w po
a t�� _ .� .:o'� 'i , _ LL U o
m i II�
��� �'n �] LL
��I I I�m �� c t�. Ce,y � �� �� m i �
2 � t�
�
i� t W
Q y 'I i w �� a u�� ��
W
2 fn �c� �� r �I i��'. ,Sr-',�'-�. � �� � �..
°� � ', — �� ����� eaaaaeae� �I� �O � � �� !
J ��
',a o� �'m =',�� �o � � � �
� � ��:
� � ��w o� � � �►m -���, � � a o o �:���—- �
--�--- � - � �►o =� � ;�-
, on � ¢ �o
� o
� o� - . �� oo � � a
� ,Y
i 8 i�'= �'''I� S � � �o
-. �
1 � �� � �I►= =;�N � °� z
'\
� � �
' i�� _ = 1° ��' � R
J � � C I ,_�� _ _ °� W .
� � r
- � � � ��+�' ' �
�, ' � ��,� �uyyu uu����a—� � � — � �
- � � - �� - �1�� ��� - ��� u+ �
� I � W I ¢
�' } I �
�
I
� i $ a o
W ' ii ' ` I i I O i � -
W � " i Q
K � � U
~ i m
m 's � 9
� Q ; - I � - I i � � �
�' � � - —
--_— w._
z � o —F
� m s �:
w
� �
� _ _ i
� -� ��
- U__
� � �
�
� .� ' �
� , � � f a ,�'�I_ � < :
' � o , � �� w�
� � ' M � � � � � - � " �� i �-
o ',
�► .'�I tlF '. ��II 9 m �I �-
, � l��� ; �
� .
i �i& . _ . :€ �..�
� - ` ` —` �� ' --- ._-- �. _
-_ �„ I Z n=
�_l � a
�L .o d b� _ 6� A Q �'�"
��v �_ - , �
� o �
� z
v
I ➢ i / J � '
, --_. . __— ".
I � � rn
�
� � `
', I "-��-�- __"._ ____ ____ ___ j5� ___ _Q _� I II R��a�E
.__
�vei3s�ia�ina aa n i o
--- -
. - - - --y-�-, --------- / _ : . .
Z � � �„q�s
--- �-�, � v
Z __�— ___�______ .�__y. _____ y _' _-p� i n„���
_ -5 �N5VB13S 3d ON, ZL � -
__ �� __ _�
__—__ __—__—__—__—_
_ —
__ _ .,.,,, ..
Ua —__ __—_ � . ° _�.nrt
------------
- - —--—-- �- -- -�� -�—- - - � -�
0 A ����
gZ
W
W
z y 4`dOb 1HJI�H NOlJNI�b`d al0 �
Y `
�
Q ___._._._�_
a --—-- —--—-- -- ---
� �—� ii
- .��.�
p:::q
�T_' �� :��,. ♦
�� �
*� �
r �°`�•,.s .r� } :'�
��i-'Jr�'^y� � l�°�.
R ��.��. � �..� A._ I
� �
_ .���°��; �,�
.�.:�.� ,: '� �.
�, � ,
��
M `�F I,
�'� ri1/,��� . ������
'�'� y T'{K�.9 ' �.Y�'�`'. . Z:2. .
�Yy� y�'i
��• �.p H�d' " _ 'a-,.�1
1 .,� .°�„jr 3 �S
� ��.
,�'�' �br= '���' " . �
ta
- � '�'�'M i,. �.,�ny��� .�
� � • Y
� -� { }�Q �T� :�
. .�.k ���� �� � �� �
>,. � � � � �. , �J�'� ��
� ��t,, , �.::,
�`�; �� � "� �
�. � �����;,
F ��� �,
�� � r �
. ; � 4� �,.� ;,��:
�k �;,:��',,r� ' S �
�c �� P�
��^s�,..f�9•���' �� G. 'i � ' +' �
7�i � '�1 ...�,� n'
����s,¢.. ���� y .i` . \
��������; ��-� .
_� , � �. ��
� �°�.
� ;�� ,
�� - �r -
�
xo�, b ;
��4 � �� � � �
.�9 k 4 .� . . rm,,.� �� � y,:,�.s t`��
1 � � r� �.
y, 1' (t^
�.aGl� ..c.�'x. . �i��ti�Aa¢.
tA �?�'�."` "�
LLl :::pc�,;'t,
� "�'� ��; �
F ,,,,� � � -_ !
a ` ��,�;
a >=��'�:
U
f/7 � � �',� �-� i
o �rt.�� �,��
QW � ,�_z�: ,� }�� ���_ �
J , .,1'�tsN.,
� *� �� Z��� � � ;�c�� � �2
W � �` ,a Y S t,� W � 4,�,�. � . ti
Z 9p� 'z
LL W ���' ���'.�1� � � '�.�`"3 .�- °
7 W }
m 2 . v� �'� � �.�.'y „^ �c A� i
W C7 Lt 1=. O � .t„ �� '
J Q' � —
aW ....c Kir,�'ll'�1;�� U � � . .
X
W
, � -
a
m0c=_7 LLoiwi a " _- _
N�w �=a� � .._
+ _ ���w '
+=O=
O
�LL �
N
C
Q
� i LL �
� 3
m m
LL d
O= U
^�� a m
�w �
= c
� aa �
c i� a N � �
�� _ - -.__ - _"i Q
� � �
a �
� � U
LL N� i LL �
I-� �
�_�. m�q _
N� F.Z T
�_ ' n �
; �Q = m
+ - w =
��w �
i a l
m
- o
_� �
� �� � �
� � E
� G >
- o z
w' o�
c
�wU' i ��LL w2 I Q
C�
o -U'
o(7
n - �a- Z
- w -
�¢
w �
+ S +U= M �
p ch m
�
N
W
S
C9
S
I � _
d _
�wF _' _ _
LLc�x LL�o� � o'
mpc9 wwS a
��w �e,�Sa,G � —
: _` �(��w
+=U=
O
L
O
�
N
�~ }�LL
O
!
Q
rv� m� LL �
�W A �
�= aj U
�
J 1 C
m �
Q J
4 3 3
a N UJ
r—� - '----- --� a
a �; ~ o
�' in� ~ a�i
LL� � ;LL y
N w - F 2 LL T
� �Q _ l0
+ - W =
•�W -
'_ "" �
� I _ a
�
O
c� � '
/ - L
"a` o' °'
� °� E
� 2 d
`\ � � >
- O Z
W � —
C
LL�= LL�= Q �
00(7 �aC7 �
Z
��_ �U S N �
+ +U M
O � m
F
y
w
x
c�
x
Exhibit C
GUARANTY OF COMPLETION
THIS GUARANTY OF COMPLETION (the "Guaranty") is made as of ,
2024, by SDG DUNDEE DEVELOPMENT LLC ("Guarantor") to VILLAGE OF BUFFALO
GROVE,ILLINOIS, an Illinois municipal home rule corporation("Village").
WITNESSETH:
WHEREAS,Guarantor and Village have executed that certain Redevelopment Agreement dated of
even date herewith (the "Agreement") for the redevelopment of real property located at 915-945 Dundee
Road,in the Village and the construction of the Project(as defined in the Agreement)on said real property;
WHEREAS, Village is not willing to enter into the Agreement unless Guarantor guarantees
performance to Village of the Guaranteed Obligation(as herein defined); and
NOW, THEREFORE, as an inducement to Village to execute the Agreement, and for other good
and valuable consideration,the receipt and legal sufficiency of which are hereby acknowledged,Guarantor
hereby agree as follows:
ARTICLE 1 �'
DEFINED TERMS ''
Section 1.01 Defined Terms. Capitalized terms used in this Guaranty and not specifically �
defined in this Guaranty have the meaning provided in the Agreement.
ARTICLE 2
NATURE AND SCOPE OF GUARANTY
Section 2.01 Guarantv of Obli a� tion. Guarantor hereby irrevocably covenants and agrees that
Guarantor is liable far the Guaranteed Obligation as primary obligor.
Section 2.02 Definition of Guaranteed Obli a_�. As used herein, the term "Guaranteed
Obligation"means the prompt and complete performance of the obligations of Developer to construct and
complete the Retail Project in accordance with Section 8 of the Agreement as it pertains to Lot 1, free and
clear of all defects and liens and in compliance with all laws, rules, permits, requirements and regulations
of any governmental authority and in accordance with and subject to the requirements, conditions and
limitations of the Agreement.
Section 2.03 Remedies of Villa�e.
(a) Upon the occurrence of an Event of Default by Developer under the Agreement in
connection with the performance of the Guaranteed Obligation, Guarantor shall, on or prior to ten
(l0) days' after such written demand by Village, commence performance of the Guaranteed
Obligation and diligently pursue performance thereof to completion. If Guarantor fails to
commence and pursue diligently the performance of the Guaranteed Obligation within the
applicable period set forth in Section 15.1.A of the Agreement after written demand by Village,
then, either before or after pursuing any other remedy of Village against Guarantor and regardless
of whether Village shall ever pursue any such other remedy,Village shall have the right to complete
the Retail Project, or call upon any other reputable parties to complete the Retail Project in
� _ ._. _ ___ -T,,,�
accordance with the Plans (as may be modified in accordance with the terms of the Agreement)
and shall have the right to expend such sums as Village in its discretion deems proper in order to
complete the Retail Project. During any construction undertaken by Village or by any other party
on behalf of Village pursuant to this Section 2.03(a), Guarantor shall pay on demand all costs and
expenses actually incurred by Village to complete the Retail Project in accordance with this Section
2.03(a). Village may at any time require Guarantor to perform or supervise the performance of
such work in lieu of Village or any party engaged by Village.
(b) Guarantor agrees to indemnify,defend and hold Village harmless from and against
any and all loss,damage,cost,expense,injury or liability Village may suffer or incur in connection
with any claims by any third party brought as a result of the performance of the Guaranteed
Obligation by Guarantor.
(c) For purposes of this Section 2.03, the Retail Project shall be deemed to be
completed upon issuance by Village Manager of a Certificate of Substantial Completion in respect
of Substantial Completion — Retail Car Dealer. The Village shall cause the Village Manager to
issue such certificate as and to the extent provided for in the Agreement.
ARTICLE 3
GENERAL TERMS AND CONDITIONS
Section 3.01 Nature of Guarantv. This Guaranty may not be revoked by Guarantor and shall
continue to be effective with respect to any Guaranteed Obligation existing after any attempted revocation
by Guarantor.
Section 3.02 Enfarcement Costs. Guarantor hereby agrees to pay, on written demand by
Village, all reasonable costs incurred by Village in collecting any amount payable under this Guaranty or
enforcing or protecting its rights under the Guaranty, in each case whether legal proceedings are
commenced. Such fees and expenses shall be in addition to the Guaranteed Obligation and shall include,
without limitation, costs and expenses of counsel, court fees, costs incurred in connection with pre-trial,
trial and appellate level proceedings (including discovery and expert wimesses), costs incurred in post-
judgment collection efforts or in any bankruptcy proceeding to the extent such costs relate to the Guaranteed
Obligations or the enforcement of this Guaranty. Amounts incurred by Village shall be immediately due
and payable upon demand and shall bear interest at a rate of twelve percent(12%)per annum from the date
of disbursement until paid in full upon. Guarantor's obligations under this Section 3.02 shall survive the
performance of the Guaranteed Obligation.
Section 3.03 Cumulative Remedies. Guarantor acknowledges that, following an Event of
Default, Village is entitled to exercise all rights and remedies at law or in equity as have been provided to
Village under the Agreement and this Guaranty. All rights and remedies of Village are cumulative and may
be exercised independently, concurrently or successively in Village's sole discretion and as often as
occasion therefor shall arise. Village's delay or failure to exercise any remedy upon the occurrence of an
Event of Default shall not be deemed a waiver of such right or remedy. No partial exercise by Village of
any right or remedy will preclude further exercise thereof. Notice ar demand given to Guarantor in any
instance will not entitle Guarantor to notice or demand in similar or other circumstances nor constitute
Village's waiver of its right to take any future action in any circumstance without notice or demand. Village
shall not be deemed as a consequence of its delay or failure to act, or any forbearance granted, to have
waived or be estopped from exercising any of its rights or remedies.
2
ARTICLE 4
MISCELLANEOUS
Section 4.01 Continuing Guarantv. This Guaranty shall in all respects be a continuing guaranty,
remaining in full force and effect until all of Guarantor's obligations hereunder have been satisfied in full.
Section 4.02 Successors and Assigns. All obligations under this Guaranty shall be
binding upon Guarantor and Guarantor's legal representatives, successors and assigns.
Section 4.03 Time of Essence. Time is of the essence of this Guaranty.
Section 4.04 Definitions, Captions;Gender. Any capitalized term not defined herein but ,
defined in the Agreement shall have the same meaning herein as such term has in the Agreement. I
With respect to any reference in this Guaranty to any defined term: (a) if such defined term refers
to a Person, or a trust, corporation, partnership or other entity, then such term shall also mean all
heirs, personal representatives, successors and assigns of such Person or entity; and (b) if such
defined term refers to a document, instrument or agreement, then such term shall also include any
replacement, extension or other modification thereof. Captions contained in this Guaranty in no
way define, limit ar extend the scope or intent of their respective provisions. Use of the masculine,
feminine or neuter gender and of singular and plural shall not be given the effect of any exclusion
or limitation herein.
Section 4.05 Including Means without Limitation. The use in this Guaranty of the term
"including", and related terms such as "include", shall in all cases mean "without limitation".
Section 4.06 Notices. Except for any notice required under applicable law to be given in
another manner, any notice that Village or Guarantor may desire or be required to give under this
Guaranty to any other party hereto shall be in writing and shall be deemed to have been properly
given, served and received (i) if delivered by messenger, when delivered, (ii) if deposited in the
United States certified or registered mail, postage prepaid, return receipt requested, on the third
business day after depositing in the mail,or(iii)if delivered by reputable overnight express carrier,
freight prepaid, the next business day after delivery to such carrier, addressed to such party as
follows:
If to Guarantor:
With a copy to:
If to Village: Village of Buffalo Grove
50 Raupp Blvd.
Buffalo Grove, IL 60089
ATTN: Village Manager
With a copy to: Schain Banks
70 W. Madison Street, Suite 5400
Chicago, IL 60602
3
ATTN: Patrick T. Brankin
Any party may change the address to which notices may be sent by notice to the other party or parties as
provided herein.
Section 4.07 Entire Agreement. This Guaranty and the Agreement constitute the entire
agreement of Guarantor and Village and supersede any prior agreement with respect to the subject
matter thereof.
Section 4.08 No Modification without Writin�. This Guaranty may not be terminated or
modified in any way nor can any right of Village or any obligation of Guarantor be waived or
modified, except as provided in Section 4.14 below or by a writing signed by Village and such
Guarantor.
Section 4.09 Severabilitv. Each provision of this Guaranty shall be interpreted so as to
be effective and valid under applicable law, but if any provision of this Guaranty shall in any
respect be ineffective or invalid under such law, such ineffectiveness or invalidity shall not affect
the remainder of such provision or the remaining provisions of this Guaranty.
Section 4.10 Cumulative. The obligations of Guarantor hereunder are in addition to any
other obligations Guarantor may now or hereafter have to Village. All rights and remedies of
Village and all obligations of Guarantor under this Guaranty are cumulative. In addition, Village
shall have all rights and remedies available to Village in law or equity for the enforcement of this
Guaranty.
Section 4.11 Effect of Village's Delav or Action. No delay by Village in the exercise of
any right or remedy shall operate as a waiver thereof, and no single or partial exercise by Village
of any right or remedy shall preclude any other exercise thereof or the exercise of any other right
or remedy. No action of Village permitted hereunder shall in any way impair or otherwise affect
any right of Village or obligation of Guarantor under this Guaranty.
Section 4.12 Governing Law. This Guaranty has been delivered at Buffalo Grove,
Illinois, and shall be construed under and governed by the internal laws of the State of Illinois.
Guarantor acknowledges that Village may be irreparably harmed if required to institute or defend
any action in any jurisdiction other than the United States District Court for the Northern District
of Illinois or Lake County, Illinois. Therefore, Guarantor irrevocably (a) agrees that any suit,
action ar other legal proceeding relating to this Guaranty may be brought only in the Circuit Court
of Lake County or in the United States District Court for Northern District of Illinois, at Village's
option; (b) consents to the jurisdiction of each such court in any such suit, action or proceeding;
(c)waives any objection which Guarantors may have to the laying of venue in any such suit, action
or proceeding in either such court; and (d) agrees to join Village in any petition for removal to
either such court.
Section 4.13 WAIVER OF JURY TRIAL. GUARANTOR WAIVES THE RIGHT TO
A TRIAL BY JURY IN ANY ACTION OR PROCEEDING BASED UPON, OR RELATED TO,
THE SUBJECT MATTER OF THIS GUARANTY. THIS WAIVER IS KNOWINGLY,
INTENTIONALLY, AND VOLUNTARILY MADE BY GUARANTOR AND GUARANTOR
4
ACKNOWLEDGES THAT NEITHER VILLAGE NOR ANY PERSON OR ENTITY ACTING
ON BEHALF OF VILLAGE HAS MADE ANY REPRESENTATIONS OF FACT TO INDUCE
THIS WAIVER OF TRIAL BY JURY OR HAS TAKEN ANY ACTIONS WHICH IN ANY
WAY MODIFY OR NULLIFY ITS EFFECT. GUARANTOR FURTHER ACKNOWLEDGES
THAT GUARANTOR HAS BEEN REPRESENTED (OR HAS HAD THE OPPORTUNITY TO
BE REPRESENTED) IN THE SIGNING OF THIS GUARANTY AND IN THE MAKING OF
THIS WAIVER BY INDEPENDENT LEGAL COUNSEL, SELECTED OF GUARANTOR'S
OWN FREE WILL, AND THAT GUARANTOR HAS HAD THE OPPORTUNITY TO
DISCUSS THIS WANER WITH COUNSEL. GUARANTOR FURTHER ACKNOWLEDGES '
THAT GUARANTOR HAS READ AND UNDERSTANDS THE MEANING AND
RAMIFICATIONS OF THIS WAIVER PROVISION.
Section 4.14 Termination. This Guaranty and the Guaranteed Obligation shall
automatically terminate and be void and of no force or effect upon the earliest to occur of(a) the
date Village Manager delivers the Certificate of Substantial Completion-Retail Car Dealer,and(ii)
the termination of the Agreement.
5
SIGNED AND DELIVERED as of the date first written above.
GUARANTOR:
SDG DUNDEE DEVELOPMENT, LLC
By:
Name:
Title:
6
Exhibit D
Estimated Total Project Costs and Projected TIF Eligible Expenses
ESTIMATED TOTAL PROJECTED TIF ELIGIBLE
PROJECT COSTS PROJECT COSTS* EXPENSES
Land Ac uisition Costs $11,127,253 $6,000,000 ca ed
Site Pre aration Costs
Auto Dealershi $4,250,258 $4,250,258
Retail Parcels $1,800,255 $1,800,255
Multi amil Parcel $3,697,104 $3,697,104
Vertical Costs
Auto Dealershi Buildin $7,911,086 N/A
Hard Cost Contin enc $853,531 853,531
So t Costs $2,501,087 $2,501,087
Financin Costs N/A N/A
Develo er Fees $416,048 0
Total $32,556,622 $19,102,235
*Estimated Total Project Costs the Developer has estimated to incur prior to the issuance of the
Subordinate Developer Note,excluding the vertical construction costs for the Residential Project and the
vertical construction costs for the Retail Project on Lot 2
Exhibit E
Form of TIF Funding Escrow
Owners TIF Escrow Trust and Disbursing Agreement
(No Title Insurance)
Escrow Trust No.: � � '
Chicago Title and Trust Company, Escrow Trustee
ARTICLE 1: General Information
A. Owner: Attorney for Owner:
Name:
Address:
Telephone No.:
Fax No.:
B. Village: VILLAGE OF BUFFALO GROVE
Address: 50 Raupp Boulevard
Buffalo Grove, IL
C. Escrow Trustee:
Name: Chicago Title and Trust Company, a corporation of Illinois (hereinafter known as
CT&T Co.)
Address: 10 S. LaSalle St., Suite 3100
Chicago, IL 60603
Contact Person:
Telephone Number: 312-
D. Project Name: Bison Crossing
Project Location: 915-945 Dundee Road, Buffalo Grove, IL
E. Deposited Funds:
Amount of Deposits, if any, to be made by the Village:
$TBD
F. Billing Instructions:
Title and Construction Escrow Charges are to be billed to: Owner, if not satisfied out of
Deposited Funds or investment earnings.
Article 2: Recitals
A. Owner is acquiring and about to commence or has commenced construction of or
rehabilitation of improvements on certain premises (the Project), described on Exhibit
A , attached hereto and made a part hereof; and
Owner and Village are parties to that certain Redevelopment Agreement of
approximately even date herewith (the Agreement); and
Pursuant to Section 7.2 of the Agreement, the parties have jointly requested CT&T Co. to
act as Escrow Trustee and to provide a disbursing service for the payment of certain
Project acquisition and construction costs and other related development costs. The
Escrow established pursuant to this Escrow Agreement is the "TIF Funding Escrow"
described in the Agreement.
B. The Owner, Village and Escrow Trustee agree as follows:
(l) The Village , will deposit or cause to be deposited Village TIF Funds with Escrow
Trustee by wire transfer(as defined in the Agreement).
(2) Escrow Trustee will disburse the funds to pay for TIF Eligible Expenses as
hereinafter set forth and as defined in the Agreement. However, it is the intention of
the parties named herein and signatory hereto that no person not a party signatory to
this escrow shall have the right to look to the Escrow Trustee for any disbursement
hereunder under a third party beneficiary theory or otherwise, and that the Escrow
Trustee owes no duty to any such third party to make any disbursement.
Article 3: Procedures
A. Not more often than twice each calendar year, Owner shall submit to the Village and
Escrow Trustee written requests for certification of TIF Eligible Expenses in
accordance with the Agreement. The Village shall inform Escrow Trustee from time
to time if such certifications are granted and in what amount(s).
B. The Village shall review and approve all disbursement requests in accordance with
this Escrow Agreement that are for TIF Eligible Expenses.
C. All disbursements pursuant to this Escrow Trust shall be for TIF Eligible Expenses in
connection with the Project and shall be made in accordance with this Escrow
Agreement, but Escrow Trustee shall rely exclusively on the approval by the Village
of certification requests as conclusive evidence that the disbursements are for TIF
Eligible Expenses in accordance with the Agreement. .
D. Owner has established a separate construction loan escrow with Escrow Trustee (the
Construction Loan Escrow) for making additional Project payments over and above
the TIF Eligible Expenses. Escrow Trustee shall inform Construction Loan Escrow of
all disbursements made pursuant to this Escrow Agreement.
E. If Deposited Funds remain and the Village determines that there will be no further
Redevelopment Project Costs, then such remaining Deposited Funds shall be returned
to the Village.
Article 4: Requirements
Prior to each disbursement of Deposited Funds by Escrow Trustee hereunder for payment of a
person or entity entitled to file a lien under the Mechanics Lien Act, 770 ILCS 60/1, it is a
requirement of this Escrow Agreement that the Owner shall furnish or cause to be furnished to
the Escrow Trustee or to the escrow trustee of the Construction Loan Escrow the following:
A. A Sworn Owner's Statement disclosing the various contracts entered into by the
Owner relating to the construction of the Project and setting forth the names of the
contractors, their addresses, the kind of service, work or materials to be furnished, the �
amounts of such contracts, the amounts paid to date, if any, the amounts of current I
payments, if any, and the balance due, if any. ,
B. A Sworn Statement to Owner by the General Contractor setting forth the name and
addresses of such persons furnishing labor, service or materials (i.e., subtrades and
material suppliers), the kind of labor, service or materials to be furnished, the
amounts of the contracts, amounts paid to date, if any, amounts of current payments,
if any, and balance to become due, if any.
C. A written approval by Owner of the requested disbursement.
D. With respect to payment of construction costs:
Statements, waivers, affidavits, supporting waivers, and releases of lien from such
persons and in such form as may be required by CT&T Co. for the purpose of
substantiating payment of the prior construction draw.
Note: CT&T Co. will use the same care and diligence in the collection and
examination of Sworn Statements, waivers, affidavits, supporting waivers and
releases of liens, for the above purpose, as it would use were CT&T Co. required by
this Escrow Agreement to furnish mechanics' lien title insurance coverage to a
construction lender, and no greater.
Note: If the funds are to be disbursed to the General Contractor rather than the
subcontractors, the collection and examination of the required statements, waivers,
etc. by the Escrow Trustee shall be not construed by the Owner as an assurance by
CT&T Co. that the subcontractors have, in fact, been paid by the General Contractor.
E. Sufficient funds to cover the current disbursement request.
Article 5: General Conditions
A. Owner and Village understand and agree that Escrow Trustee's duties are to disburse the
Deposited Funds pursuant to the provisions of this Escrow Agreement, and Escrow
Trustee's liability arising from the performance of those duties regarding the release of
mechanics' lien rights, shall extend only to those persons to whom Escrow Trustee is
making payments, and only for those amounts being paid. Escrow Trustee has no liability
for any lien rights associated with work previously completed, or completed by persons
not receiving direct payments from Escrow Trustee.
B. Owner understands that Escrow Trustee makes no representation that a title insurance
policy insuring over mechanics' lien claim will necessarily issue without additional title
insurance underwriting requirements being met.
C. Escrow Trustee assumes no responsibility concerning the sufficiency of funds deposited
herein to complete the contemplated construction satisfactorily.
D. If the Escrow Trustee discovers a misstatement in an affidavit furnished by the General
Contractor, it may stop disbursements until the misstatement has been corrected. Escrow
Trustee may, at its option, verify information submitted by the General Contractor or may
require the Owner to furnish verification by subcontractors or material suppliers.
E. The functions and duties assumed by Escrow Trustee include only those described in this
Escrow Agreement and Escrow Trustee is not obligated to act except in accordance with
the terms and conditions of this Escrow Agreement. Escrow Trustee does not insure that
the Project will be completed, nor does it insure that the Project, when completed, will be
in accordance with plans and specifications, nor that sufficient funds will be available for
completion, nor does it make the certifications of the Inspector/Architect its own, nor
does it assume any liability for the procurement of such certification as one of the
conditions precedent to each disbursement.
F. Escrow Trustee has no liability for loss caused by any error in the certification furnished
it hereunder as to work in place.
G. Escrow Trustee shall not be responsible for any loss of documents which such documents
are not in its custody. Documents deposited in the United States Mail shall not be
construed as being in custody of Escrow Trustee.
H. Deposited Funds made pursuant to these instructions may be invested on behalf of
Owner; provided, however, that any direction to Escrow Trustee for such investment
shall be expressed in writing and be accompanied by the taxpayer's identification number
and such investment forms as may be required. Escrow Trustee will, upon request,
furnish information concerning procedures and fee schedules for investment. Investment
earnings shall be applied to Escrow Trustee's fees and any surplus shall be paid to
Owner.
I. Except as to deposits of funds for which Escrow Trustee has received express written
direction concerning investment or other handling, the parties hereto agree that the
Escrow Trustee shall be under no duty to invest or reinvest any deposits at any time held
by it hereunder; and, further, that Escrow Trustee may commingle such deposits with
other deposits or with its own funds in the manner provided for the administration of
funds under Section 2-8 of the Illinois Corporate Fiduciary Act (205 ILCS 620/2-8), and
may use any part or all such funds for its own benefit without obligation to any party for
interest or earnings derived thereby, if any. Provided, however, nothing herein shall
diminish Escrow Trustee's obligation to apply the full amount of the Deposited Funds in
accordance with the terms of this Escrow Agreement.
J. In the event the Escrow Trustee is requested to invest deposits hereunder, CT&T Co. is
not to be held responsible for any loss of principal or interest which may be incurred as a
result of making the investments or redeeming said investment for the purposes of this
escrow trust.
K. Escrow Charges are payable thirty (30) days after billing and shall be payable, first, out
of the Deposited Funds, and thereafter out of investment earnings, but Owner shall be
responsible for any balance. In the event escrow charges are not paid as agreed, CT&T
Co. may terminate this Escrow Agreement upon thirty (30) day written notice to Owner
and Village.
L. This Escrow Agreement shall not inure to the benefit of any parties other than the parties
hereto, under a third party beneficiary theory or otherwise; and any liability to such
parties is expressly disclaimed.
M. This Escrow Agreement shall terminate once all Deposited Funds and investment
earnings have been disbursed and all Escrow Trustee fees have been paid.
In Witness Whereof, the undersigned have executed this Escrow Agreement this day
of , 2024
OWNER: SHOREWOOD DEVELOPMENT GROUP LLC,
an Illinois limited liability company
By:
Name:
Title:
VILLAGE: VILLAGE OF BUFFALO GROVE,
By: I
Name:
Title:
ESCROW TRUSTEE: CHICAGO TITLE and TRUST COMPANY,
By:
(Authorized Signatory)
Exhibit F
Primary Developer Note
REGISTERED REGISTERED
No. 1 $
UNITED STATES OF AMERICA
STATE OF ILLINOIS
COUNTIES OF LAKE AND COOK I
VILLAGE OF BUFFALO GROVE
SENIOR LIEN TAX INCREMENT REVENUE NOTE, SERIES 20
(BUFFALO GROVE DUNDEE ROAD PROJECT�
Interest Final Maturity Dated
Rate: 8.500% Date: , 20_ Date: , 20
Registered Owner:
Principal Amount:
KNOW ALL PERSONS BY THESE PRESENTS that the Village of Buffalo Grove, Lake and
Cook Counties, Illinois, a municipality, home rule unit and political subdivision of the State of
Illinois (the "Village"), hereby acknowledges itself to owe and for value received promises to pay
to the Registered Owner identified above, or registered assigns as hereinafter provided, on or
before the Maturity Date identified above, but solely from the sources hereinafter identified, the
Outstanding Principal Amount of this Note in accordance with that certain Ordinance adopted by
the President and Board of Trustees of the Village (the "Corporate Authorities") on the 16th day
of January, 2024, as supplemented by a related Note Order (the "Note Ordinance"), and that
Redevelopment Agreement, dated , 20_ (the "Redevelopment Agreement"), by
and between the Village and SDG Dundee Development LLC (the "Developer"), and interest on
such Outstanding Principal Amount at the Interest Rate set forth above (computed on the basis of
a 360-day year of twelve 30-day months).
Principal and interest on this Note is payable from the Available TIF Increment(as defined
in the Note Ordinance)on deposit in the Senior Lien Note and Interest Account of the Special Tax
Allocation Fund of the Village created pursuant to the Note Ordinance. Interest on the Note is due
annually on of each year (each a "Payment Date"). Principal of the Note is due on
, 20_,provided, however, that principal on the Note shall be paid on each Payment
Date in an amount equal to the amount by which the Available TIF Increment on hand in the Senior
Lien Note and Interest Account exceeds the interest accrued and unpaid on this Note on such date.
On each Payment Date, amounts on hand in the Senior Lien Note and Interest Account shall be
applied first to pay accrued and unpaid interest on the Note, then to pay interest due on this Note
on such Payment Date and third to the payment of principal then outstanding on this Note.
Interest when due shall be paid from the later of the Dated Date or from the most recent
Payment Date to which interest has been paid or duly provided for, until the principal amount of
the Note is paid or duly provided for, from the Senior Lien Note and Interest Account. Payments
shall first be applied to accrued and unpaid interest and then to principal.
The principal of this Note shall be payable by check of draft in lawful money of the United
States of America upon presentation at the principal office maintained for the purpose by
, as note registrar and paying agent (the "Note Registrar"). Interest on
this Note shall be paid to the Registered Owner hereof as shown on the registration books of the
Village maintained by the Note Registrar(the "Register")at the close of business on the 15th day
of the month next preceding the Payment Date. Interest hereon shall be paid by check or draft of
the Note Registrar, payable upon presentation thereof in lawful money of the United States of
America, mailed to the address of such Registered Owner as it appears on the Register or at such
other address furnished to the Note Registrar in writing or as directed by such Registered Owner,
all as provided in the Note Ordinance.The Registered Owner ofthis Note shall note on the payment II
attached hereto as Exhibit A (the `Payment Record'�the amount and the date of any payment of the �
principal of this Note promptly upon receipt of such payment. In the event of any inconsistency ,
between such Payment Record and the records of the Village, the records of the Village shall
control, absent manifest error.
-2-
This Note is issued pursuant to Division 74.4 of Article l l of the Illinois Municipal Code
(the "TIF Act"), and all laws amendatory thereof and supplemental thereto, and specifically as
supplemented by the Local Government Debt Reform Act, as amended, and the other Omnibus
Bond Acts, as amended and as supplemented, and, where necessary, superseded, by the home rule
powers of the Village under Section 6 of Article VII of the 1970 Constitution of Illinois, and the
principal of and interest, and premium, if any, hereon are payable solely and only from the
Available TIF Increment on deposit in the Senior Lien Note and Interest Account,all in accordance
with the provisions of the Note Ordinance and the Redevelopment Agreement. This Note is being
issued for the purposes of paying or reimbursing the Developer for certain TIF Eligible Expenses
as described in the Redevelopment Agreement and as authorized by the TIF Act it has incurred in
acquiring or constructing the Project (as defined in the Redevelopment Agreement). The cost of
such acquisition or construction shall be deemed to be a disbursement ofthe proceeds ofthis Note.
This Note,together with the interest thereon, is a limited obligation of the Village, payable
solely from the Available TIF Increment on deposit in the Senior Lien Note and Interest Account
as defined and described in the Note Ordinance and the Redevelopment Agreement. For the
prompt payment of this Note, both principal and interest, as aforesaid, such Available TIF
IriCrement ls hereby 1rreVOCably pledged. THIS NOTE DOES NOT CONSTITUTE AN INDEBTEDNESS OF
THE VILLAGE WITHIN THE MEANING OF ANY CONSTITUTIONAL OR STATUTORY PROVISION OR
LIMITATION. NO HOLDER OF THIS NOTE SHALL HAVE THE RIGHT TO COMPEL THE EXERCISE OF ANY
TAXING POWER OF THE VILLAGE FOR PAYMENT OF PRINCIPAL HEREOF OR INTEREST HEREON.
FAILURE TO PAY WHEN DUE ANY INSTALLMENT OF INTEREST OR ANY AMOUNT OF OUTSTANDING
PRINCIPAL AMOUNT DUE TO INSUFFICIENCY OF THE AVAILABLE TIF INCREMENT ON DEPOSIT IN THE
SENIOR LIEN NOTE AND INTEREST ACCOUNT, WHETHER AT STATED MATURITY, FINAL MATURITY
-3-
OR OTHERWISE,SHALL IN NO EVENT BE DEEMED TO BE AN EVENT OF DEFAULT ON THIS NOTE UNLESS
CAUSED BY A DEFAULT BY THE VILLAGE UNDER THE REDEVELOPMENT AGREEMENT.
The Note Ordinance and the Redevelopment Agreement authorize the issuance of a
Subordinate Lien Note (as defined in the Note Ordinance) payable from the Available TIF
Increment on a subordinate basis to the payments on the Note as further described in the Note
Ordinance. The Subordinate Lien Note is payable solely from Available TIF Increment on hand
in the Subordinate Lien Note and Interest Account(as defined in the Note Ordinance). The holder
of the Subordinate Lien Note will not have any claim for payment from any moneys on hand in
the Senior Lien Note and Interest Account.
This Note is subject to redemption prior to maturity, at the option of the Village, in whole
or in part, from any available funds,on any date at the redemption price of par plus accrued interest
to the date fixed for redemption,and as further provided in the Note Ordinance.Notice of any such
redemption shall be sent by registered or certified mail not less than twenty (20) days nor more
than sixty (60) days prior to the date fixed for redemption to the registered owner of this Note at
the address shown on the registration books of the Village maintained by the Registrar or at such
other address as is furnished in writing by such Registered Owner to the Registrar.
This Note may not be offered, sold, pledged, assigned or otherwise transferred except to
an affiliate of a Developer, to a Qualified Purchaser (as defined in the Note Ordinance) or to a
Mortgagee Party (as defined in the Redevelopment Agreement). Any offer, sale, pledge,
assignment or transfer to a party other than a Developer, an affiliate of a Developer, a Qualified
Purchaser or a Mortgagee Party is void, provided, however, that the Developer may assign or
pledge this Note to any lender providing financing to the Developer for the Project. By accepting
a transfer or assignment of this Note, any party to which this Note is transferred or assigned
covenants that neither it, a related party or an affiliate will add any credit support to this Note,
-4-
personally guarantee the repayment of this Note or add any additional source of repayment to the
payment of debt service on this Note. This Note may only be transferred in whole.
Upon surrender hereof at the principal office maintained for the purpose by the Note
Registrar, accompanied by a written instrument or instruments of transfer in form satisfactory to
the Note Registrar and duly executed by the Registered Owner or an attorney for such owner duly
authorized in writing,the Note Registrar shall register this Note in the name of the new Registered
Owner on the registration grid provided herein, and shall also enter the name and address of the
new registered owner in the Register.
The person in whose name this Note is registered on the Register shall be deemed and
regarded as the absolute owner hereof for all purposes, and payment of the principal of or interest
hereon shall be made only to or upon the order of the Registered Owner hereof or the owner's
legal representative. All such payments shall be valid and effectual to satisfy and discharge the
liability upon this Note to the extent of the sum or sums so paid.
It is hereby certified and recited that all conditions, acts and things required by law to exist
or to be done precedent to and in the issuance of this Note did exist, have happened, been done ��I
and performed in regular and due form and time as required by law,that Village hereby covenants ��
and agrees that it has made provision for the segregation of the Available TIF Increment and that
it will properly account far said taxes and will comply with all the covenants of and maintain the
funds and accounts as provided by the Note Ordinance and the Redevelopment Agreement.
This Note shall not be valid or become obligatory for any purpose until the certificate of
authentication hereon shall have been signed by the Registrar.
-5-
IN WITNESS WHEREOF the Vl]lage Of BUff1�0 Gl'OVe, Lake and Cook Counties, Illinois,has
caused this Note to be signed by the manual or duly authorized facsimile signatures of its President
and Village Clerk and its corporate seal or a facsimile thereof to be hereunto affixed, all as of the
date of delivery hereof.
President, Village of Buffalo Grove,
Lake and Cook Counties, Illinois
Attest:
Village Clerk, Village of Buffalo Grove �I
Lake and Cook Counties, Illinois I
(SEaL)
-6-
Date of Authentication: , 20
CEUTiFiCATE Note Registrar and Paying Agent:
oF Village Treasurer
AuTxENT�cATlotv Village of Buffalo Grove, Illinois
This Note is the Note described in the
within-mentioned Note Ordinance and is the
Senior Lien Tax Increment Revenue Note,
Series 20_ (Buffalo Grove Dundee Road
Project), of the Village of Buffalo Grove,
Lake and Cook Counties, Illinois.
VILLAGE TREASURER,as Note Registrar
By
Village Treasurer, Village of Buffalo Grove,
Lake and Cook Counties, Illinois
-7-
ASSIGNMENT
Fox VALUE RECE�vED, the undersigned sells, assigns and transfers unto
(Name and Address of Assignee)
the within Note and does hereby irrevocably constitute and appoint as
attorney to transfer the said Note on the books kept for registration thereof with full power of
substitution in the premises.
Dated:
Signature guaranteed:
NoT�cE: The signature to this transfer and assignment must correspond with the name of the 'I
Registered Owner as it appears upon the face of the within Note in every particular,
without alteration or enlargement or any change whatever.
-8-
ExHiBiT A
PAYMENT RECORD
PAYMENT DATE AMOUNT
-9-
Exhibit H
Subordinate Developer Note
REGISTERED REGISTERED
No. 1 $
UNITED STATES OF AMERICA
STATE OF ILLINOIS
COUNTIES OF LAKE AND COOK
VILLAGE OF BUFFALO GROVE
SUBORDINATE LIEN TAX INCREMENT REVENUE NOTE, SERIES 20
(BUFFALO GROVE DUNDEE ROAD PROJECT)
Interest Final Maturity Dated
Rate: 8.500% Date: , 20_ Date: , 20
Registered Owner: �
Principal Amount:
KNOW ALL PERSONS BY THESE PRESENTS that the Village of Buffalo Grove, Lake and
Cook Counties, Illinois, a municipality, home rule unit and political subdivision of the State of
Illinois(the "Village"), hereby acknowledges itself to owe and for value received promises to pay
to the Registered Owner identified above, or registered assigns as hereinafter provided, on or
before the Maturity Date identified above, but solely from the sources hereinafter identified, the
Outstanding Principal Amount of this Note in accordance with that certain Ordinance adopted by
the President and Board of Trustees of the Village (the "Corporate Authorities") on the 16th day
of January, 2024, as supplemented by a related Note Order (the "Note Ordinance"), and that
Redevelopment Agreement, dated , 20_ (the "Redevelopment Agreement"), by
and between the Village and SDG Dundee Development LLC (the `Developer"), and interest on
such Outstanding Principal Amount at the Interest Rate set forth above (computed on the basis of
a 360-day year of twelve 30-day months).
Principal and interest on this Note is payable from the Available TIF Increment(as defined
in the Note Ordinance)on deposit in the Subordinate Lien Note and Interest Account of the Special
Tax Allocation Fund of the Village created pursuant to the Note Ordinance. Interest on the Note
is due annually on of each year(each a "Payment Date"). Principal of the Note is due
on ,20_,provided, however,that principal on the Note shall be paid on each Payment '
Date in an amount equal to the amount by which the Available TIF Increment on hand in the
Subordinate Lien Note and Interest Account exceeds the interest accrued and unpaid on this Note
on such date. On each Payment Date, amounts on hand in the Subordinate Lien Note and Interest
Account shall be applied first to pay accrued and unpaid interest on the Note, then to pay interest
due on this Note on such Payment Date and third to the payment of principal then outstanding on
this Note.
Interest when due shall be paid from the later of the Dated Date or from the most recent
Payment Date to which interest has been paid or duly provided for, until the principal amount of
the Note is paid or duly provided for, from the Subordinate Lien Note and Interest Account.
Payments shall first be applied to accrued and unpaid interest and then to principal.
The principal of this Note shall be payable by check of draft in lawful money of the United
States of America upon presentation at the principal office maintained for the purpose by
, as note registrar and paying agent (the "Note Registrar"). Interest
on this Note shall be paid to the Registered Owner hereof as shown on the registration books of
the Village maintained by the Note Registrar(the "Register") at the close of business on the 15th
day of the month next preceding the Payment Date. Interest hereon shall be paid by check or draft
of the Note Registrar, payable upon presentation thereof in lawful money of the United States of
America, mailed to the address of such Registered Owner as it appears on the Register or at such
other address furnished to the Note Registrar in writing or as directed by such Registered Owner,
all as provided in the Note Ordinance. The Registered Owner ofthis Note shall note on the payment
attached hereto as Exhibit A (the "Paymerrl Record'�the amount and the date of any payment of the
principal of this Note promptly upon receipt of such payment. In the event of any inconsistency
-2-
between such Payment Record and the records of the Village, the records of the Village shall
control, absent manifest error.
This Note is issued pursuant to Division 74.4 of Article 11 of the Illinois Municipal Code
(the "TIF Act"), and all laws amendatory thereof and supplemental thereto, and specifically as
supplemented by the Local Government Debt Reform Act, as amended, and the other Omnibus
Bond Acts, as amended and as supplemented, and,where necessary, superseded, by the home rule
powers of the Village under Section 6 of Article VII of the 1970 Constitution of Illinois, and the
principal of and interest, and premium, if any, hereon are payable solely and only from the
Available TIF Increment on deposit in the Subordinate Lien Note and Interest Account, all in
accordance with the provisions of the Note Ordinance and the Redevelopment Agreement. This
Note is being issued for the purposes of paying or reimbursing the Developer for certain TIF
Eligible Expenses, as described in the Redevelopment Agreement and as authorized by the TIF
Act, it has incurred in acquiring or constructing the Project (as defined in the Redevelopment
Agreement). The cost of such acquisition or construction shall be deemed to be a disbursement of
the proceeds of this Note.
This Note,together with the interest thereon, is a limited obligation of the Village,payable
solely from the Available TIF Increment on deposit in the Subordinate Lien Note and Interest
Account as defined and described in the Note Ordinance and the Redevelopment Agreement. For
the prompt payment of this Note, both principal and interest, as aforesaid, such Available TIF
IriCremerit IS hereby trreVOCably pledged. THIS NOTE DOES NOT CONSTITUTE AN INDEBTEDNESS OF
THE VILLAGE WITHIN THE MEANING OF ANY CONSTITUTIONAL OR STATUTORY PROVISION OR
LIMITATION. NO HOLDER OF THIS NOTE SHALL HAVE THE RIGHT TO COMPEL THE EXERCISE OF ANY
TAXING POWER OF THE VILLAGE FOR PAYMENT OF PRINCIPAL HEREOF OR INTEREST HEREON.
FAILURE TO PAY WHEN DUE ANY INSTALLMENT OF INTEREST OR ANY AMOUNT OF OUTSTANDING
-3-
PRINCIPAL AMOUNT DUE TO INSUFFICIENCY OF THE AVAILABLE TIF INCREMENT ON DEPOSIT IN THE
SUBORDINATE LIEN NOTE AND INTEREST ACCOUNT, WHETHER AT STATED MATURITY, FINAL
MATURITY OR OTHERWISE, SHALL IN NO EVENT BE DEEMED TO BE AN EVENT OF DEFAULT ON THIS
NOTE UNLESS CAUSED BY A DEFAULT BY THE VILLAGE UNDER THE REDEVELOPMENT AGREEMENT.
The Note Ordinance and the Redevelopment Agreement authorize the issuance of a
Subordinate Lien Note (as defined in the Note Ordinance) payable from the Available TIF
Increment on a subordinate basis to the payments on the Note as further described in the Note
Ordinance. The Subordinate Lien Note is payable solely from Available TIF Increment on hand
in the Subordinate Lien Note and Interest Account(as defined in the Note Ordinance). The holder
of the Senior Lien Note will not have any claim for payment from any moneys on hand in the
Subordinate Lien Note and Interest Account.
This Note is subject to redemption prior to maturity, at the option of the Village, in whole
or in part, from any available funds,on any date at the redemption price of par plus accrued interest
to the date fixed for redemption,and as further provided in the Note Ordinance.Notice of any such
redemption shall be sent by registered or certified mail not less than twenty (20) days nor more
than sixty (60) days prior to the date fixed for redemption to the registered owner of this Note at
the address shown on the registration books of the Village maintained by the Registrar or at such
other address as is furnished in writing by such Registered Owner to the Registrar.
This Note may not be offered, sold, pledged, assigned or otherwise transferred except to
an affiliate of a Developer, to Double Eagle Development LLC or its affiliated entity 332 North
Arlington Heights LLC, to any other developer of the Residential Project (as defined in the
Redevelopment Agreement), subject to review and approval ofthe Village as set forth in the Note
Ordinance (a "Residential Developer"), to a Qualified Purchaser (as defined in the Note
Ordinance) or to a Mortgagee Party (as defined in the Redevelopment Agreement). Any offer,
-4-
sale, pledge, assignment or transfer to a party other than a Developer, an affiliate of a Developer,
a Residential Developer, a Qualified Purchaser or a Mortgagee Party is void, provided, however,
that the Developer may assign or pledge this Note to any lender providing financing to the
Developer for the Project. By accepting a transfer or assignment of this Note, any party to which
this Note is transferred or assigned covenants that neither it, a related party or an affiliate will add
any credit support to this Note, personally guarantee the repayment of this Note or add any
additional source of repayment to the payment of debt service on this Note. This Note may only
be transferred in whole.
Upon surrender hereof at the principal office maintained for the purpose by the Note
Registrar, accompanied by a written instrument or instruments of transfer in form satisfactory to
the Note Registrar and duly executed by the Registered Owner or an attorney for such owner duly
authorized in writing,the Note Registrar shall register this Note in the name of the new Registered
Owner on the registration grid provided herein, and shall also enter the name and address of the
new registered owner in the Register.
The person in whose name this Note is registered on the Register shall be deemed and
regarded as the absolute owner hereof for all purposes, and payment of the principal of or interest
hereon shall be made only to or upon the order of the Registered Owner hereof or the owner's
legal representative. All such payments shall be valid and effectual to satisfy and discharge the
liability upon this Note to the extent of the sum or sums so paid.
It is hereby certified and recited that all conditions, acts and things required by law to exist
or to be done precedent to and in the issuance of this Note did exist, have happened, been done
and performed in regular and due form and time as required by law,that Village hereby covenants
and agrees that it has made provision for the segregation of the Available TIF Increment and that
-5-
it will properly account for said taxes and will comply with all the covenants of and maintain the
funds and accounts as provided by the Note Ordinance and the Redevelopment Agreement.
This Note shall not be valid or become obligatory for any purpose until the certificate of
authentication hereon shall have been signed by the Registrar.
-6-
IN WITNESS WHEREOF the Village of Buffalo Grove, Lake and Cook Counties, Illinois,has
caused this Note to be signed by the manual or duly authorized facsimile signatures of its President
and Village Clerk and its corporate seal or a facsimile thereof to be hereunto affixed, all as of the
date of delivery hereof.
President, Village of Buffalo Grove,
Lake and Cook Counties, Illinois
Attest:
Village Clerk, Village of Buffalo Grove
Lake and Cook Counties, Illinois
(SEAL�
-7-
Date of Authentication: , 20
CExTiFiCaTE Note Registrar and Paying Agent:
OF
AUTHENTICATION
This Note is the Note described in the
within-mentioned Note Ordinance and is the
Subardinate Lien Tax Increment Revenue
Note, Series 20_ (Buffalo Grove Dundee
Road Project), of the Village of Buffalo
Grove, Lake and Cook Counties, Illinois.
,as Note Registrar
By
Village Treasurer, Village of Buffalo Grove,
Lake and Cook Counties, Illinois
-8-
ASSIGNMENT
FoR VaLUE RECEivED, the undersigned sells, assigns and transfers unto
(Name and Address of Assignee)
the within Note and does hereby irrevocably constitute and appoint as
attorney to transfer the said Note on the books kept for registration thereof with full power of
substitution in the premises.
Dated:
Signature guaranteed:
NoTicE: The signature to this transfer and assignment must correspond with the name of the
Registered Owner as it appears upon the face of the within Note in every particular,
without alteration or enlargement or any change whatever.
-9-
ExxisiT A
PAYMENT RECORD
PAYMENT DATE AMOUNT
-1 0-
EXHIBIT I
CERTIFICATE REQUEST OF REDEVELOPMENT PROJECTS COSTS
FOR THE [PUBLIC/PRIVATE] IMPROVEMENTS
OF SDG DUNDEE DEVELOPMENT LLC
Village Manager
Village of Buffalo Grove
50 Raupp Blvd
Buffalo Grove, IL 60089
Re: Economic Incentive and Tax Increment Allocation Financing Development
Agreement by,between,and among the Village of Buffalo Grove,IL and SDG Dundee
Development LLC,dated (the"Agreement")
Terms not otherwise defined herein shall have the meanings ascribed to such terms in the Agreement. In
connection with said Agreement,the undersigned hereby states and certifies that:
1. Schedule 1 is incorporated herein by reference. Each listed item for which reimbursement is sought
on Schedule 1 hereto is a Redevelopment Project Cost and was incurred in connection with the
Development. Identified on the attached Schedule 1 are the name of all contractors, subcontractors and/or
suppliers who were paid directly by Developer and for which the amount identified herein shall reimburse
Developer; also included as part of Schedule 1 are all applicable sworn statements,paid invoices and lien
waivers in relation to said contractors, subcontractors and/or suppliers as well as, bills, contracts and
invoices relative to the items for which reimbursement is sought,and proof of payment of any said invoices.
The information and documentation constituting Schedule 1 is accurate, verified and complete.
2. The Redevelopment Project Costs on Schedule 1: (i) were necessary for completion of the
Development and(ii)have been paid by the Developer and are eligible for reimbursement and were incurred
under the TIF Act,the Redevelopment Plan and the Agreement.
3. The Redevelopment Project Costs listed on Schedule 1 have not previously been paid ar
reimbursed from money derived from Incremental Property Taxes or any money derived from any project
fund established pursuant to the Agreement, and no part thereof has been included in any other Certificate
of Redevelopment Project Costs previously filed with the Village.
Developer agrees that if prior to the time of acceptance by Village any matter certified to herein by
it will not be true and correct in all materia] respects at such time as if then made, it will immediately so
notify the Village. Except to the extent, if any, that prior to the time of the Village's approval of
Redevelopment Project Costs for the Development,the Village shall receive written notice to the contrary
from Developer,each matter certified to herein shall be deemed once again to be certified as true and correct
at the date of approval of Redevelopment Project Costs as if then made.
Developer hereby requests that the Village approve this Certification Request in order to
obtain disbursement from the TIF Funding Escrow.
[SIGNATURE PAGE TO FOLLOW]
EXHIBIT I
IN WITNESS WHEREOF, the undersigned has hereunto set his/her hand this _ day of
,20
SDG Dundee Development LLC
By:
Its: Authorized Signatory
Signed and sworn before me by
this_day of , 20_
Notary Public
APPROVED:
VILLAGE OF BUFFALO GROVE,ILLINOIS, an Illinois municipal corporation
By:
Name:
Title:
Exhibit J
Development Improvement Agreement
Bison Crossin�(Tesla)
Development Name
DEVELOPMENT IMPROVEMENTAGREEMENT
THIS AGREEMENT("Agreement"), made and entered into as of this 16th day of Januarv. 2024 by
and between the VILLAGE OF BUFFALO GROVE, an Illinois Municipal Corporation, and having its office at
Village Hall,50 Raupp Boulevard, Buffalo Grove, Illinois(hereinafter called "Village"),and SDG Dundee LLC
and/or its assigns,(hereinafter called"Developer').
WITNESSETH:
WHEREAS,Developer desires to improve the real property described in Exhibit"A"attached hereto
and made a part hereof (the "Property"), and in compliance with the Village's Development Ordinance,
Developer has submitted to the Village certain (i) plans prepared by Jacob & Hefner Associates, who are
registered professional engineers,dated 11/21/23, and (ii)additional plans and specifications prepared by
Dennis J larrard(Landscape Architect)dated 11/21/23 and described in more detail in Exhibit"C"attached
hereto and made a part hereof(the"Site Improvement Plans"and together with the Site Plan,the"Plans");
and,
WHEREAS,the Village is willing to approve said Plans,provided that this Agreement is executed to
insure the completion of certain site improvements, as a condition precedent to the issuance of building
permits for any buildings to be constructed on the Property.
NOW,THEREFORE, it is mutually agreed as follows:
1. Developer shali furnish, or cause to be furnished, at their own cost and expense, all the
necessary material, labor, and equipment to complete the improvements listed on Exhibit "B" attached
hereto, and all other site improvements not specifically set forth, which are required by applicable
ordinances or agreements (collectively, the "Improvements"), all in a good and workmanlike manner and
in accordance with all pertinent ordinances and regulations of the Village and in accordance with the Plans
(including any subsequent revisions requested by the Developer and approved in writing by the Village
pursuant to the Village's Development Ordinance). All utility lines and services to be installed in the street
shall be installed prior to paving.
1
2. Attached hereto as Exhibit "D" is a complete cost estimate for the construction of the
improvement described in Exhibit"B"hereto. No later than three(3)business days following the execution
of this Agreement and prior to the issuance of Village Permits,the Developer shall deposit a Letter of Credit
acceptable to and in a form and substance approved by the Village in the original amount of Three Million
Six Hundred Fortv Five Thousand Two Hundred Fiftv and 00 100 Dollars ($3,645,250.00), as further
described in Paragraph 9 herein (the"Letter of Credit").
3.All work shall be subject to inspection by and the approval of the Village Engineer. It is agreed
that the contractors who are engaged to construct the Improvements are to be approved by the Village
Engineer and that such approval will not be unreasonably withheld.
4. The Developer has paid or will pay the Village a Review and Inspection Fee, as required by
Ordinance.It is understood that said fee is based on the amount of the contracts or cost estimate for those
items in Exhibit"B".
5. Prior to the time the Developer or any of its contractors begin any of the work provided for
herein,the Developer, and/or its contractors shall furnish the Village with evidence of insurance covering
their employees in such amounts and coverage as is acceptable to the Village.
In addition, by its execution of this Agreement, the Developer agrees to protect,
indemnify,save and hold harmless,and defend the Vi�lage and its employees,officials,and agents,against
any and all claims,costs,causes,actions, and expenses, including but not limited to reasonable attorney's
fees incurred by reason of a lawsuit or claim for damages or compensation arising in favor of any person,
corporation or other entity, including the employees or officers or independent contractors or sub-
contractors of the Developer or the Village,on account of personal injuries or death,or damages to property
occurring,growing out of, incident to,or resulting directly or indirectly,from the performance of the work
of the Developer, independent contractors or sub-contractors or their officers,agents,or employees.The
Developer shall have no liability or damages for the costs incident thereto to the extent caused by the sole
negligence or intentional misconduct of the Village,its independent contractors or sub-contractors or their
officers,agents,or employees.
6. Subject to Force Majeure (as defined herein), Developer shall cause the Improvements to be
2
completed within thirty-six (36) months following the date of this Agreement (except any Improvements
for which specified time limits are noted on the Plans,which shall be completed within the specified time
limits shown on the Plans). "Force Majeure"as used herein shall mean a delay in Developer's performance
hereunder caused by a strike or labor problem,energy shortage,governmental pre-emption or prescription,
national emergency,or any other cause of any kind beyond the reasonable control of Developer. If work is
not completed within the time prescribed herein,the Village shall have the right to call upon the Letter of
Credit, in accordance with its terms,for the purpose of completing the Improvements. Upon completion of
the Improvements herein provided for,as evidenced by the certificate or certificates of the Village President
and Board of Trustees,the Village shall be deemed to have accepted said Improvements, and thereupon,
the Letter of Credit shall automatically be reduced to serve as security for the obligations of the Developer
as set forth in Paragraph 7 hereof.The Developer shall cause its consulting engineers to correct drawings
to show work as actually constructed and said engineers shall turn over high quality Mylar reproducible
copies thereof to the Village to become the Village's property prior to acceptance of the Improvements by
the President and Board of Trustees.
7. The Developer, for a period of one year beyond formal acceptance by the Village of any
Improvement,described in Exhibit"B"hereof,shall be responsible for maintenance,repairs and corrections
to such Improvements which may be required due to failures or on account of faulty construction or due to
the Developer's negligence and/or its contractors' negligence. The obligation of the Developer hereunder
shall be secured by the Letter of Credit as further described in Paragraph 9 hereof.
8. It is agreed that no occupancy permit shall be granted by any official for the construction of any
structure until all required utility facilities set forth in the Plans (to include, but not by way of limitation,
sanitary sewer, water and storm sewer systems) have been installed and made ready to service the
Property; and that all parking lots or access drives (to include curbs) set forth in the Plans that provide
access to the Property have been completely constructed, except for the designed surface course. It is
understood and agreed that building permits may be granted for buildings on specific lots to which utility
facilities have been installed and made ready for service and to which parking lots or access drives have
been constructed as described above, notwithstanding the fact that all improvements within the
3
Development may not be completed.
9.A.The obligations of the Developer hereunder as to the deposit of security for the completion
of the Improvements and the one-year maintenance of said Improvements after acceptance by the Vitlage
(Paragraph 7)shall be satisfied upon delivery to the Village of a Letter of Credit in favor of the Village in a
form acceptable to the Village, in the amount set forth in Paragraph 2 above.The Letter of Credit shall be
made subject to this Agreement.The Developer hereby waives its option pursuant to 30 ILCS 550/3 and 65
ILCS 5/11-39-3 to utilize any type of security other than a Letter of Credit.
B. In addition to the terms, conditions, and covenants of the Letter of Credit,the Village
hereby agrees to draw funds or to cail said performance guarantee under such security solely for the
purpose of payment for labor and materials supplied or to be supplied, by engineers, contractors, or
subcontractors, to, or for the benefit of the Developer or the Village, as the case may be, under the
provisions of this Agreement and the said Improvements for which payment is being made shall have been
completed,or will be completed,in substantial accordance with the Plans.
C. The Village further hereby agrees that to the extent that the Developer causes the
commitments of this Agreement to be completed, the outstanding liabi�ity of the issuer of the Letter of
Credit shall during the course of construction of the Improvements,approximate the cost of completing all
Improvements and paying unpaid contract balances for the completion of the Improvements referred to in
this Agreement.
Until ali required tests have been submitted and approved by the Village for each of the
construction elements including,but not limited to,earthwork,street pavements, parking area pavements,
sanitary sewers and water mains(as applicable),a minimum of that portion of the surety for each element
shall be subject to complete retention. All Improvements are subject to a minimum fifteen (15%) percent
retention until final acceptance by the Village.
D. In order to guarantee and warranty the obligations of Paragraph 7 herein, an amount
equal to fifteen (15%) percent of the total amount of the Letter of Credit, or an amount equal to fifteen
(15%)percent of the cost estimate of the individual Improvement(s)shall be retained in the Letter of Credit
for a period of one-year beyond formal acceptance by the Village of the Improvement(s).
4
E. As a portion of the security amount specified in Paragraph 2, the Developer shall
maintain a cash deposit with the Village C�erk in the amount of Thirty Six Thousand Eight Hundred Twentv
Dollars($36,820.001. If roads are not maintained with a smooth and firm surface reasonably adequate for
access of emergency vehicles such as fire trucks and ambulances, or if any condition develops which is
deemed a danger to public health or safety by the Village of Buffalo Grove due to the actions of the
Developer or his failure to act;and after written notice of this condition,the Developer fails to immediately
remedy the condition;then the Village may take action to remedy the situation and charge any expenses
which results from the action to remedy the situation to the cash deposit. Upon notification that the cash
deposit has been drawn upon, the Developer shall immediately deposit sufficient funds to maintain the
deposit in the amount of Thirtv Six Thousand Eight Hundred Twentv Dollars($36,820.00). If the Developer
has not made the additional deposit required to maintain the total cash deposit within five (5) business
days from the date he received notice that such additional deposit was required,it is agreed that the Village
may issue a Stop Work Order or also may revoke all permits which the Developer had been granted. This
cash deposit shall continue to be maintained until the maintenance guarantee period has lapsed. The
deposit may be drawn upon by the Village if the conditions of this Agreement are not met by the Developer
within thirty (30) days after receipt of a written notice of noncompliance with the conditions of this
Agreement, except in cases of danger to public health and safety as determined by the Village, in which
case, the deposit may be drawn upon immediately foliowing notice to the Developer and his failure to
immediately remedy the situation. After termination of the one-year maintenance period and upon receipt
by the Village Clerk of a written request for release ofthe deposit,the Village will either notify the Developer
that the Improvements are not in a proper condition for final release of the deposit, or shall release the
deposit within fifteen(15)days.
F. In addition to the terms, covenants, and conditions of the Letter of Credit, the
Developer hereby agrees that no reduction shall occur in the outstanding liability of the issuer there under,
except on the written approval of the Village; however,in all events,the Village shall permit such Letter of
Credit to expire, either by its terms, or by return of such Letter of Credit to the Developer, upon the
expiration of one-(1)year from the acceptance of the Improvements referred to herein by the Village. To
5
the extent that the provisions of Paragraph 9 herein,and of the Letter of Credit, permit the Village to draw
funds under such Letter of Credit,the Village hereby agrees to reduce the outstanding liability of the issuer
of the Letter of Credit to the extent that funds are disbursed.
10.Any Letter of Credit shall provide that the issuer thereof shall not cancel or otherwise terminate
said security without a written notice being given to the Village between thirty-(30)days and forty-five(45)
days in advance of termination or cancellation.
11.No occupancy permit shall be issued until all exterior lighting specified on Exhibit"C"is instailed
and operational.
12. The Developer acknowledges that he is responsible for the proper control of weeds, grass,
refuse, and junk on all property which he owns within the Village in accordance with Chapter 8.32 of the
Buffalo Grove Municipal Code. It is further agreed that the Developer shall continue to be responsible for
the proper maintenance of any parcels of property for which the Developer transfers ownership to the
Village until such time as the development's Improvements are accepted by the Village in writing in
accordance with the provisions of this Agreement.
Ifthe Developer fails to perform his maintenance responsibilities established in eitherthis
paragraph or Chapter 8.32, the Village may provide a written notice to the Developer of the improper
maintenance condition.If proper maintenance is not completed within ten(10)days after the Developer is
provided this notice,the Viilage may perform the maintenance and deduct the costs of the maintenance
from the cash deposit described in Paragraph 9E.
13.The Developer agrees that no Improvements constructed in conjunction with this project are
sized or located in such a way as to warrant any recapture payment to the Developer pursuant to any
applicable previous agreements.
14.This Agreement shall automatically terminate and be of no further force and effect with respect
to Developer or the Property upon the expiration of the one-year maintenance period, and upon such
termination the parties hereto shall have no further obligations to the other, except for the Village's
obligation to return the Letter of Credit and cash deposit to Developer or otherwise notify the issuer of the
Letter of Credit of the expiration of the Letter of Credit. The period commencing on the date set forth in
6
the preamble to this Agreement and expiring on the expiration of the one-year maintenance period is
referred to herein as the"Term".
15.This Agreement and the obligations contained herein are in addition to, and not in limitation
of, all other agreements between the Parties hereto including,without limitation,the Preliminary Plan or
Annexation Approval Ordinance No.dated ,and the obligations contained therein.
16.Neither party shall cause this Agreement(or any memorandum hereof)to be recorded against
the Property.
17. Neither party shall assign this Agreement or any of its terms without the prior, express and
written consent of the other party. Furthermore, no assignment of the Developer's obligations shall be
effective unless and until the Village approves the language of any proposed assignment and substitute
security in the amounts required by this Agreement.
18. Notwithstanding the foregoing or anything to the contrary contained in this Agreement or in
any other agreement, document or instrument executed or delivered in connection with this Agreement,
each Mortgagee Party (as defined in the Redevelopment Agreement) shall have the same rights, benefits
and protections under and with respect to this Agreement as such Mortgagee Party has under the
Redevelopment Agreement and such rights, benefits and protections are hereby deemed incorporated
herein in their entirety. "Redevelopment Agreement"shall mean the Redevelopment Agreement dated on
or about the date hereof between the Village and SDG Dundee Development LLC, as amended, restated or
otherwise modified from time to time.
7
IN WITNESS WHEREOF,the Village has caused this Agreement to be executed, as has the Developer, all as
of the date first above written.
VILLAGE OF BUFFALO GROVE,an Illinois Municipal Corporation
By
Villase President
DEVELOPER:
SDG Dundee LLC
860 N Milwaukee Ave.,Suite 100
Buffalo Grove,IL 60089
By:
Name:
Title:
8
Bison Crossin�(Tesla)
(Development Name)
DEVELOPMENT IMPROVEMENT AGREEMENT
EXHIBIT A
LEGAL DESCRIPTION
THAT PART OF LOT 1 AND LOT 2 IN THE RESUBDIVISION RECORDED JANUARY 31, 1980 AS DOCUMENT
25344703, BEING A RESUBDIVISION OF LOT 1 IN GRAND SPAULDING DODGE SUBDIVISION RECORDED
DECEMBER 17, 1976 AS DOCUMENT 23752075, SAID RESUBDIVISION BEING IN THE EAST HALF OF THE
NORTHWEST QUARTER OF SECTION 8, TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL
MERIDIAN, DESCRIBED AS FOLLOWS:
BEGINNING AT THE NORTHEAST CORNER OF SAID LOT 2; THENCE SOUTH 0 DEGREES 05 MINUTES 32
SECONDS EAST ALONG THE EAST LINE OF SAID LOT 2,A DISTANCE OF 545.62 FEET TO A CORNER OF SAID
LOT 2 COMMON TO THE NORTH CORNER OF LOT 3 IN SAID RESUBDIVISION;THENCE SOUTH 20 DEGREES
09 MINUTES 12 SECONDS WEST ALONG THE WESTERLY LINE OF SAID LOT 3, A DISTANCE OF 183.33 FEET
TO THE CORNER OF SAID LOT 2 COMMON TO THE SOUTH CORNER OF SAID LOT 3 IN SAID RESUBDIVISION;
THENCE SOUTH 40 DEGREES 30 MINUTES 32 SECONDS WEST ALONG THE SOUTHEASTERLY LINE OF SAID
LOT 2, A DISTANCE OF 13.36 FEET; THENCE SOUTH 89 DEGREES 54 MINUTES 28 SECONDS WEST, 164.77
FEET; THENCE NORTH 0 DEGREES 05 MINUTES 32 SECONDS WEST, 276.47 FEET; THENCE SOUTH 89
DEGREES 54 MINUTES 28 SECONDS WEST, 171.59 FEET; THENCE NORTH 0 DEGREES 05 MINUTES 32
SECONDS WEST, 454.72 FEET TO THE NORTH LINE OF LOT 1 IN SAID RESUBDIVISION; THENCE SOUTH 89
DEGREES 36 MINUTES 43 SECONDS EAST ALONG SAID NORTH LINE AND ALONG THE NORTH LINE OF LOT 2
IN SAID RESUBDIVISION,408.51 FEET TO THE POINT OF BEGINNING, IN COOK COUNTY, ILLINOIS.
AL50 KNOWN AS LOT 1 IN BISON CROSSING, RECORDING STATUS UNKNOWN.
KNOWN AS: , BUFFALO GROVE, ILLINOIS
PERMANENT INDEX NUMBER: 00-00-000-0000
AREA= SQ. FT. OR ACRES
9
Bison Crossing(Tesla)
DEVELOPMENT IMPROVEMENT AGREEMENT
EXHIBIT B
All improvements set forth and depicted in the Plans, both public and private, including (to the extent
applicable) earthwork, grading, roads or streets, parking lots, areas and/or parking facilities, sidewalks,
sanitary and storm sewers,water main,drainage and storm water detention facilities,site grading, private
street lighting, landscaping,survey monuments and benchmarks.
10
Bison Crossin�(Tesla)
DEVELOPMENT IMPROVEMENTAGREEMENT
EXHIBIT C
Final Engineering Plans prepared by: Jacob&Hefner Associates
Entitled: Site Improvement Plans for Bison Crossin�,915 W. Dundee Road
Consisting of:24 sheet(s),last revised 11 21 23
Final Landscaping Plans prepared by: Dennis J Jarrard, Landscape Architect
Entitled: 915 West Dundee Road
Consisting of:4 sheet(s),last revised 11 21 23
(see following pages)
11
EXHIBIT K
FUNDING CERTIFICATION
SDG DUNDEE DEVELOPMENT LLC
Village Manager
Village of Buffalo Grove
50 Raupp Blvd
Buffalo Grove, IL 60089
Re: Economic Incentive and Tax Increment Allocation Financing Development
Agreement by, between,and among the Village of Buffalo Grove,IL and SDG
Dundee Development LLC, dated (the "Agreement")
Terms not otherwise defined herein shall have the meanings ascribed to such terms in the
Agreement. In connection with said Agreement, the undersigned hereby states and certifies that:
PROJECT NAME: Bison Crossing, Buffalo Grove, Illinois (the "Project")
BORROWER NAME: SDG Dundee Development LLC, an Illinois limited liability
company (the "Borrower")
Funding Certification #:
In connection with said Agreement, the undersigned hereby states and certifies that
the following Funding Conditions have been fulfilled [as applicable]: paragraphs
of Section 6.2 of the Agreement have been fulfilled.
[SIGNATURE PAGE TO FOLLOW]
81696556v2
EXHIBIT K
IN WITNESS WHEREOF, the undersigned has hereunto set his/her hand this_day of
, 20_
SDG Dundee Development, LLC, an Illinois
limited liability campany
By:
Its: Authorized Signatory
81696556v2
Exhibit L
Certificate of Substantial Completion
The undersigned, the Village Manager of the Village of Buffalo Grove, Lake and Cook Counties,
Illinois (the "Village"), hereby certifies that [Substantial Completion-Retail Car Dealer], as that
term is used and defined in the Redevelopment Agreement dated , 202_, among the
Village and SDG Dundee Development LLC, has occurred.
, 202
[name]
Village Manager
84469831v.1
EXHIBIT M
SB Friedman Memorandum
�► SB��IEDMAN
MEMO
To: Christopher Stilling,Village of Buffalo Grove
From: Geoff Dickinson, SB Friedman Development Advisors, LLC
312-384-2404,�Cdicklnsor:@sbfiriedman_com
Caitlin Johnson, SB Friedman Development Advisors, LLC
312-384-2403, ciohnson@sbfriedman.com
Date: January 12, 2024
RE: Review of Dundee Road Redevelopment Project—Request for Village Financial Assistance
SB Friedman Development Advisors, LLC ("SB Friedman") was engaged by the Village of Buffalo Grove (the "Village")
to assist the Village in evaluating the proposed redevelopment of four former car dealerships on approximately 16 acres
at the southeast corner of Dundee Road and North Old Arlington Heights Road in the Cook County portion of the
Village (the "Site"). Shorewood Development Group, LLC (the "Land and Retail Developer") is requesting Village tax
increment financing (TIF) assistance to support the proposed redevelopment project (the "Project"). The Site is in the
Dundee Road Tax Increment Financing District,which was established in 2023.
The $45 million Project, to be constructed by the Land and Retail Developer, incorporates site improvements
throughout the Site, and a new-construction luxury auto dealership on approximately six acres of the Site. The overall
development program of the Site includes a luxury auto dealership, a minimum of 20,000 square feet of additional
retail space, and a rental apartment building with a minimum of 215 units to be developed by Double Eagle
Development(the"Residential Developer").The vertical development of the rental apartment building is anticipated to
cost an additional $60 million, resulting in a combined investment that should exceed $100 million.
The Land and Retail Developer has indicated that Project financial feasibility is challenged by extraordinary land
acquisition costs and site preparation costs.Therefore,the Land and Retail Developer requested the following financial
assistance from the Village (collectively,the "Requested Village Assistance"):
• A promissory note with a face value of $11 million (present value in 2025 dollars at 8.5% cost of funds). Village
financial assistance would be funded on a pay-as-you-go basis(PAYGO)with incremental property taxes generated
from the parcels making up the Site,with further details to be negotiated in a redevelopment agreement.
This memorandum includes the following:
. Project Overview
• Pro Forma Analysis
. Incremental Property Tax Revenue Projections
• Conclusions and Recommendations
Village of Buffalo Grove/Review of Dundee Road Redevelopment Project Request for Assistance
Our analysis indicates that the requested financial assistance appears to be required for the Project to move forward.
Our findings are provided in more detail in the Conclusions and Recommendations section of the memo.=,•''
L��� F .�
The Project is located on a 16-acre site at the southeast corner of Dundee Road and North Old Arlington Heights Road
and currently consists of four parcels. The three parcels that front Dundee Road include vacant buildings that were
formerly auto dealerships. One parcel, which fronts Old Arlington Heights Road, is vacant. The site plan dated June
2023 is provided in Appendix A.
The Project includes three components:
• Site Preparation for, and Vertical Construction of a Luxury Auto Dealership Building (the "Auto
Dealership").The Land and Retail Developer plans to construct a new 50,000 square foot building that will be
occupied by a luxury auto dealer tenant ("Auto Dealer Tenant") on the northeastern-most parcel, which is
approximately 5.9 acres. The Land and Retail Developer also plans to complete the necessary horizontal site
improvements .
• Site Preparation for the Multifamily Component. The Land and Retail Developer also plans to complete
horizontal site work for a proposed multifamily building on the southern parcel that fronts North Old Arlington
Heights Road, wnich is 5.5 acres (the"Multifamily Parcel").
• Site Preparation for General Retail Component.The Land and Retail Developer plans to complete horizontal
site work on two retail parcels (the "Retail Parcels") to make them development-ready. These two parcels are
described as follows:
. "Retail Parcel 1" is 2.26 acres and fronts Dundee Road.
• "Retail Parcel 2" is 2.57 acres and sits at the southeast corner of Dundee Road and North Old
Arlington Heights Road.
The Land and Retail Developer anticipates beginning construction on both the Auto Dealership and the site preparation
for the Retail Parcels and the Multifamily Parcel in 2024. The Land and Retail Developer anticipates selling three
improved parcels: the Multifamily Parcel, Retail Parcel 1 and Retail Parcel 2 (collectively the "Disposition Parcels") in
2025, and completing construction of the Auto Dealership in 2025 with the Auto Dealer Tenant scheduled to move in
in that year.
SB Friedman reviewed the Land and Retail Developer's pro forma and supplemental materials and engaged the Land
and Retail Developer in multiple conversations to obtain additional information to better understand underlying Project
assumptions.The Land and Retail Developer provided the following documents for review:
. A 10-year pro forma dated June 21, 2023 including: budget, cash flow, and other key assumptions
• A site plan dated May 25, 2023
. Engineer's estimate of probable costs for site work, dated May 25, 2023 with additional information provided
on October 28, 2023 and November 1, 2023
• Executed letter of interest between the Land and Retail Developer and the Residential Developer including a
site plan for Multifamily Parcel, dated June 28, 2023
SB Friedman Deveiopment Advisors �
Village of Buffalo Grove/Review of Dundee Road Redevelopment Project Request for Assistance
• Fully executed purchase and sale agreement for the acquisition of the Site from the current property owner,
dated February 10, 2023 and amendment to the agreement dated August 31, 2023
• Fully executed purchase and sale agreement and amendment between the Land and Retail Developer and
the Multifamily Developer for the purchase and sale of the Multifamily Parcel, dated October 5, 2023 and
October 16, 2023
• Land sales data of commercial properties leased to the Auto Dealer Tenant, dated June 23, 2023
• Other supporting documentation
• The draft lease for the Luxury Auto Dealer Tenant, executed December 2023
DEVELOPMENT BUDGET
The Project is estimated to cost approximately$45 million.SB Friedman reviewed the full development budget("Project
BudgeY') by cost category, presented in Figure 1.
Fi ure 1. Pro'ect Bud et
• . .
Land Acquisition Costs $11,127,253 $16 25%
Hard Costs $23,867,039 $34 53%
Site Preparation Costs
-Auto Dealership $4,336,998 = $6 10% ""
Retail Parcels $3,614,970 $5 8%
Multifamily Parcel $5,896,499 $8 13%
Vertical Costs
Auto Dealership Building $7,911,086 $11 18°/o
Hard Cost Contingency $2,107,486 $3 5%
Soft Costs $3,081,911 $4 7%
Financing Costs $6,056,212 $9 14%
Developer Fees $512,667 $1 1%
Total Development Costs(TDC) $44,645,082 $63 100%
Source:Shorewood Development Group, SB Friedman
Key findings from SB Friedman's review of the Project Budget include the following:
. Land Acquisition.The Land and Retail Developer is anticipated to acquire the Site for$11,100,000, roughly$16
per land square foot. The Land and Retail Developer and the current property owner entered into a purchase
and sale agreement in 2023 for the property purchase/sale.
. Hard Costs
• Site Preparation Costs. The Land and Retail Developer's Project Budget includes $13.8 million for site
preparation costs for the Auto Dealership and the Disposition Parcels, or approximately $20 per land
square foot. Site preparation costs include demolition of existing buildings and pavement, relocation of
SB Friedman Development Advisors 3
Village of Buffalo Grove/Review of Dundee Road Redevelopment Project Request for Assistance
existing underground utilities,earthwork,erosion control,and new pavement and sidewalks.Sitework costs
in the Project Budget are approximately 31% of TDC. Sitework costs are based on third-party estimates
dated May 25, October 28, and November 1, 2023.
. Vertical Costs.The Project Budget includes approximately$7.9 million in costs for the construction of the
Auto Dealership building,which equates to$158 per building square foot.This cost includes both the costs
of the building shell and tenant improvements. This equates to 18% of total development costs. SB
Friedman reviewed estimated costs for a prototypical new-construction auto dealership building using
Marshall and Swift. Based on that analysis, the Developer's vertical costs appear comparable to
benchmarks.
• Hard Cost Contingency. The Project Budget includes a hard cost contingency of $2.1 million, or
approximately 5% of total hard costs. This appears to be within the benchmark range for hard cost
contingencies.
• Soft Costs.The Project Budget includes approximately$3.1 million in soft costs,approximately 7%of TDC.This
includes Architecture and Engineering ("A&E") fees, Village and other permits and fees, administrative costs,
, such as legal, property taxes, and other holding cos�.s, and brokerage commissions. Additionally, the Project
Budget includes a soft cost contingency of 9%of total soft costs. Soft cost estimates appear to be reasonable
based on estimates for comparable projects.
• Developer Fee. The Project Budget includes a Developer Fee paid to the Retail Developer of approximately
$500,000 or 1% of TDC. 56 Friedman finds the Developer Fee assumption to be reasonable and within the
range benchmarked against comparable projects.
LAND DISPOSITION
Additional detail on the sale of Disposition Parcels is described below:
• Land Disposition of Multifamily Parcel. The Land and Retail Developer has entered into a Letter of Intent
(LOI) to Purchase with the Residential Developer, to purchase/sell the Multifamily Parcel dated June 28, 2023.
The parcel has an accepted offer of$4,500,000, which equates to approximately $19 per land square foot, or
$22,500 per apartment unit,which appears in range per apartment unit in this market.The sale is expected to
close in 2024/2025.
. Land Disposition of Retail Parcel(s). The Land and Retail Developer plans to sell either one or both Retail
Parcels. Based on conversations with the Land and Retail Developer, The Project pro forma assumes the Land
and Retail Developer sells both Retail Parcels in 2025. The Land and Retail Developer estimates that Retail
Parcel 1 will sell for$20 per land square foot, and Retail Parcel 2 for$22 per land square foot. Retail Parcel 2 is
estimated to sell for a higher price because has stronger visibility and accessibility. These sales prices are in
line with the benchmark range of comparable development-ready retail pads in the region.
SB Friedman Development Advisors 4
Village ot Buffalo Grove/Review of Dundee Road Redevelopment Project Request for Assistance
PROJECT FINANCING
The Land and Retail Developer plans to finance construction of the Project with a combination of a construction loan
and cash equity. The Land and Retail Developer plans to take out a construction loan for approximately $25.6 million
to cover the construction phase of the Project with an 8.75%annual interest rate.
In 2025, the Land and Retail Developer plans to refinance the Project into a permanent loan for approximately $19.9
million, upon completion of construction, and after land sale of the Disposition Parcels. The proceeds from the land
sales are anticipated to reduce Project permanent debt and equity. The Land and Retail Developer is anticipating the
permanent loan on the Project will incorporate a 55%/45% debt-to-equity split, will carry a 7.5°/o annual interest rate,
and a 25-year amortization period.SB Friedman recognizes that at this stage financing terms are preliminary but appear
reasonable.
OPERATING ASSUMPTIONS
SB Friedman assessed cash flow assumptions in the pro forma for the operation of the Auto Dealership portion of the
Project. Key assumptions from the Project pro forma are outlined below:
• Auto Dealer Tenant Lease Terms. The Auto Dealer Tenant is anticipated to pay an annual rent of $32 per
building square foot, or $1,620,000 annually starting in 2025. The lease term is expected to be 15 years, with
rent escalating 3% annually. The lease will be triple net, and therefore the Land and Retail Developer did not
include operating expenses associated with the building in the pro forma. Vacancy is assumed to be zero,
given that the Auto Dealer Tenant is leasing 100% of the building. We have accepted the Land and Retail
Developer's assertion about the terms of their pending lease with the Auto Dealer Tenant.
• Terminal Cap Rate and Cost of Sale. The Land and Retail Developer did not initially estimate a terminal cap
rate or include a cost of sale at the end of the analysis period for the Auto Dealership portion of the Project.
After conversations with the Land and Retail Developer, SB Friedman modelled a reversion calculation for Year
10 using a 6.5% terminal cap rate based on benchmark cap rates for similar transactions. SB Friedman also
included a 3%cost of sale, based on the projected terminal value of the Auto Dealership portion of the Project.
For the purposes of sizing the capacity of the Village to provide financial assistance,SB Friedman prepared independent
projections of incremental property taxes using a comparables-based approach. Further information on SB Friedman's
assumptions and detailed TIF revenue projections can be found in Appendix B.
Prf. . ! �� � 9 ,� n-�,�,-.,�
SB Friedman prepared projections of Project financial returns. Returns are evaluated with and without requested
public assistance and are compared to market-appropriate, risk-adjusted rates of return to evaluate the Project's
need for the Requested Village Assistance. SB Friedman analyzed the Project's need for the Requested Village
Assistance under the following scenarios:
SB Friedman Development Advisors 5
Village of Buffalo Grove/Review of Dundee Road Redevelopment Project Request for Assistance
1. No Village Assistance.This scenario assumes the Project receives no financial assistance from the Village.
2. With Requested Village Assistance. This scenario assumes the Project receives the Requested Village
Assistance totaling $11 million (present value in 2025 dollars, assuming the requested 8.5%annual interest rate
on a note).
SB Friedman used an Unleveraged Internal Rate of Return ("Unleveraged IRR") metric to evaluate the return of the
Project as a whole.Unleveraged IRR is the rate of return or discount rate for a project,accounting for initial expenditures
to construct a project (total development costs) and ongoing cash inflows (annual net operating income (NOI) before
debt service), as well as a hypothetical sale of a project at the end of the analysis period. Benchmark return ranges are
based on industry sources, information obtained from active developers and equity providers, and SB Friedman's past
experience.
As presented in Figure 2, SB Friedman estimates that the Project would generate an Unleveraged IRR 4.1% with No
Village Assistance and 8.4%with the Requested Village Assistance. SB Friedman reviewed market data which indicates
an Unleveraged IRR of 8.4%falls within industry benchmarks from PwC and RERC.
Fi ure 2. Pro'ected Financial Returns
� . - -.
. ..-
. , _� .w - .
�.� __. -::�:. �,�..r�.: " .��.��+��_ .s+� .. ,t,"`
Unleveraged IRR 4.1% 8.4%
Present Value of Village Assistance(2025 dollars)[1] $0 $11,000,000
Source: Shorewood Development Group, SB Friedman
[1]Assumes 8.5%discount rate, per Shorewood Development Group and Village of Buffalo Grove
The Project's need for Village financial assistance appears to be driven by relatively high acquisition and horizontal site
preparation costs. Additionally, the Land and Retail Developer anticipates sell the Disposition Parcels for less than the
costs incurred to acquire and improve those parcels. In fact, the Land and Retail Developer's land acquisition and
estimated hard costs associated with the Disposition Parcels are expected to be more than twice the estimated land
sale proceeds.Thus, it appears that Project requires the Requested Village Assistance.
Conclusions and Recommendations
The Project, as presented and described above, appears to require $11 million (2025 dollars) of Requested Village
Assistance to achieve market-acceptable rates of return,and to therefore be financially feasible.As presented in Figure
2,the Project achieves returns in line with industry benchmarks. The Project's need for assistance appears to be driven
by acquisition costs above typical land values and relatively high site preparation costs. SB Friedman finds that the
Requested Village Assistance appears necessary for the Project to achieve risk-adjusted, market-appropriate rates of
return.
The amount, structure and terms of the Requested Village Assistance will be negotiated in the RDA. SB Friedman
recommends that if the actual cost of the Project is materially less than the estimated Project Budget outlined above
there should be some reduction in the amount of Village financial assistance.
SB Friedman recommends that RDA requires the Land and Retail Developer provides the Village with documentation
showing actual expenditures incurred and paid and that those actual costs be compared to the Project Budget to allow
SB Friedman Development Advisors 6
Village of Buffalo Grove/Review of Dundee Road Redevelopment Project Request for Assistance
for a final reconciliation between projected costs and actual costs.Once that reconciliation is complete, an adjustment
to the note face amount can be made. Additionally, the Land and Retail Developer should provide to the Village any
and all back up information and documentation of TIF-eligible costs incurred and paid.
SB Friedman Development Advisors 7
Village of Buffalo Grove/Review of Dundee Road Redevelopment Project Request for Assistance
�K��1'�t1C�IX ,Q
PROJECT SITE PLAN, JUNE 2023
I 55
�
� ' I " .� ._ "—' . ___ . — T —__
—_--�—
, --- � _.��i,ii�t� i���iiit�- i,�, - �+ '-r.
, • • •- �r' �
I�f . -�- . I'g S ji ' ' I. n-�.
, , < ,.. •Ili'i� i^ - : li ,. ,.,.'. ; "�a
,� I x� � -, � ,; � � .�� �., F�
� z _ '' ' � �, :� _!°
' �.�� � E ����. � �— �a, � �� ��� „ '�. . ... ,, w r ��
' '-'°.---�z � I� �� ' :i- ... �� I �I� .`�,, .,. ,. ,� ��
� �� _ —��I • m
,, � , - _ ,_. . . ._
7 IIIL11111 � I4 j ._ _1J(L �II_L_�. IIIIII 1 ii :c ;,• � ti
, _ I
_�� ' l � --- - I =� �----- , � . �� �
-,« ,. —.. . • .. _ — -- � -i ^
� ; - i—r — , � ��
I i��� n� a:
�
' 1 ;i, ��,� ' . ' _ .,1, -n � n , �.
� � s ��t j�; � � - R .
' ��, ._ ; ; ;
' � • " • '� ��� � -,� .� R , �
i i /-,
i� � • �
E�
,
I�t . E ' '�i 1�i ��111ll ��
i
:� � n�a �
, , � _
i '� ,,
� ���� _._�. �.__,._ _._.,.:: :...a. .�. .. l ' � � il __ ..�
�._ -- - - -- - ; --- - -
�.. __
- , � �-�
SB Friedman Development Advisors g
Village of Buffalo Grove/Review of Dundee Road Redevelopment Project Request for Assistance
A��er?clix B
TIF REVENUE PROJECTIONS
1 2024 $0 �0 �0 $0 $0
2 2025 $321,033 ($98,711) $222,321 (�33,348) $188,973
3 2026 $1,102,957 ($z59,184) $843,773 (�126,566) $717,207
4 2027 $1,878,641 ($568,014) $1,310,627 ($196,594) $1,114,033
5 2028 $1,878,641 (�568,014) $1,310,627 ($196,594) $1,114,033
6 2029 $2,031,126 (�605,824) $1,425,302 ($213,795) $1,211,507
7 2030 $2,031,126 (�605,824) $1,425,302 ($213,795) $1,211,507
8 2031 $2,031,126 (�605,824) $1,425,302 ($213,795) $1,211,507
9 2032 $2,192,944 (�645,948) $1,546,997 ($232,049) $1,314,947
10 2033 $2,192,944 !�645,948) $1,546,997 (�232,049) $1,314,947
11 2034 $2,192,944 5645,948) $1,546,997 ($232,049) $1,314,947
12 2035 $2,364,667 (�688,527) $1,676,140 ($251,4Z1) $1,424,719
13 2036 $2,364,667 ($688,527) $1,676,140 ($251,421) $1,424,719
14 2037 $2,364,667 ($688,5z7) $1,676,140 (�251,421) $1,424,719
15 2038 $2,546,901 (�733,713) $1,813,187 ($271,978) $1,541,209
16 2039 $2,546,901 ($733,713) $1,813,187 ($271,978) $1,541,209
17 2040 $2,546,901 ($733,i13) $1,813,187 ($271,978) $1,541,209
18 2041 $2,740,288 ($781,665) $1,958,624 ($293,794) $1,664,830
19 2042 $2,740,288 ($781,665) $1,958,624 ($293,794) $1,664,830
20 2043 $2,740,288 ($781,665) $1,958,624 ($293,794) $1,664,830
21 2044 $2,945,513 ($832,551) $2,112,961 ($316,944) $1,796,017
22 2045 $2,945,513 ($832,551) $2,112,961 ($316,944) $1,796,017
23 2046 $2,945,513 ($832,5�1) $2,112,961 ($316,944) $1,796,017
* 2047 $3,163,299 ($886,553) $2,276,746 ($341,512) $1,935,234
Undiscounted Value $52,810,000 ($15,250,000) $37,560,000 (�5,630,000) $31,930,000
Present Value,2025 $21,600,000 (56,300,000) $15,300,000 (52,300,000) $13,000,000
(8.5% Discount Rate) [1]
[1] Discount rate provided by Shorewood Development Group and Village of Buffalo Grove
[2]These illustrative projections consist of general information and do not constitute advice or recommendations regarding the structure,timing,or
terms of municipal securities pursuant to Section 156 of the Securities Exchange Act of 1934.Atthough SB Friedman is registered with the Municipal
Securities Rulemaking Board as a Municipal Advisor,we are not acting as a municipal advisor to any entity with respect to the subject matter
hereof. We do not owe any fiduciary duty pursuant to Section 15B of the Securities Exchange Act of 1934 to the municipal entity or obligated person
with resped to the information and material contained in our illustrative projections.Our illustrative projections do not constitute advice or
recommendations regarding the structure,timing,or terms of such securities.Prior to taking any action related to the structuring or issuance of
municipal securities or financial products,whether or not related to information provided in SB Friedman's analysis,any municipality,obligated party,
or potential investor in municipal securities should consult with its own financial and/or municipal,legal,tax,accounting,and other advisors to the
extent it deems appropriate.
SB Friedman Development Advisors 9
Village of Buffalo Grove/Review of Dundee Road Redevelopment Project Request for Assistance
TIF REVENUE ASSUMPTIONS
,,�. � .�r, .
Pro ert Value Growth Rate(Annual) 2.0% SB Friedman
Pro ert Value Growth Rate(Triennial) 6.1% SB Friedman
Cook Count 2021 Tax Rate(Code 38077) 10.532% Cook Count Assessor
Next Assessment Year 2025 Cook Count Assessor
�, �.
-'-y �.>�`.�^�"'"ya3��"`�'k�� 4 3 .'3a '` =t!'1,�+'b*i�'4 �:i�.�r
�r.. _ _ t �a:. �d �-. ;�.
Retail - Luxur Auto 50,000 Shorewood Develo ment Grou
Retail-General Retail 20,000 Shorewood Development Group
Multifamil 215 Shorewood Development Group
j r 'F4 ��M�-�:
t � s. — �— _.��'
Retail- Luxu Auto Dealershi $135 Cook Count Assessor
Retail -General Retail $110 Cook Count Assessor
Multifamil $60,000 Cook County Assessor
4Ati , '� ..2k+�,k `�6r �. �,qyG'�tS P�..
n1_` k '
Base Year 2023 SB Friedman
Final Assessment Year 2046 SB Friedman
Total Cook Count Base EAV(2022) $5,816,720 Cook Count Assessor
Total Cook Count Current EAV(2022) $5,816,720 Cook Count Assessor
Residential Base EAV(2022) $1,119,832 Cook Count Assessor
Grade School District Reimbursement 27% SB Friedman; er Illinois TIF Act
Hi h School District Reimbursement 13% SB Friedman; er Illinois TIF Act
Librar District Reimbursement 2% SB Friedman; er Illinois TIF Act
Villa e of Buffalo Grove Hold Back 15% Vilia e of Buffalo Grove
Shorewood Development Group,Village of
Discount Rate Assumption 8.5% Buffalo Grove
SB Friedman Development Advisors 10
Village of Buffalo Grove/Review of Dundee Road Redevelopment Project Request for Assistance
At�r�endix C
LIMITATIONS OF OUR ENGAGEMENT
Our report is based on estimates, assumptions and other information developed from research of the market,
knowledge of the industry, and meetings/teleconferences with the Village of Buffalo Grove, Illinois,the Developer, and
legal counsel during which we obtained certain information.The sources of information and bases of the estimates and
assumptions are stated in the report. Some assumptions inevitably will not materialize, and unanticipated events and
circumstances may occur; therefore, actual results achieved during the period covered by our analysis will necessarily
vary from those described in our report, and the variations may be material.
The terms of this engagement are such that we have no obligation to revise analyses or the report to reflect events or
conditions that occur subsequent to the date of the report. These events or conditions include, without limitation,
economic growth trends,governmental actions,changes in state statute,additional competitive developments, interest
rates, and other market factors. However,we will be available to discuss the necessity for revision in view of changes in
the economic or market factors affecting the proposed project.
Our report is intended solely for your information, for purposes of reviewing a request for financial assistance, and is
not a recommendation to issue bonds or other securities. The report should not be relied upon by any other person,
firm or corporation, or for any other purposes. Neither the report nor its contents, nor any reference to our Firm, may
be included or quoted in any offering circular or registration statement, appraisal, sales brochure, prospectus, loan, or
other agreement or document intended for use in obtaining funds from individual investors without our prior written
consent.
We acknowledge that upon submission to the Village of Buffalo Grove, the report may become a public document.
Nothing in these limitations is intended to block the disclosure of the documents for public information purposes.
SB Friedman Development Advisors 11