IDD Fund

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" colspan=2 height=90 BGCOLOR="#0000FF" TEXT="#080000" bgproperties="fixed" background="050285a1egayea.png"> <div> <FONT SIZE="5" COLOR="#FFCC66" FACE="Arial" ><B>Port of Allyn</B></FONT><B>     |     </B><A HREF="default.htm" TARGET="_top" TITLE="Port of Allyn"><U><B>home</B></U></A></div> <div> <A HREF="id98.htm" TARGET="_top" TITLE="2007 BUDGET"><U>2007 BUDGET</U></A>   |   <A HREF="id99.htm" TARGET="_top" TITLE="Revenue"><U>Revenue</U></A>   |   <B>IDD Fund</B></div> <div> </div> </td> </tr><tr> <td valign="top" width=210 BGCOLOR="#FFFF80" TEXT="#080000" background="026d2c00eoydwl.png"> <div> <A HREF="id99.htm" TARGET="_top" TITLE="Revenue"><U>REVENUE</U></A></div> <bR> <div> <A HREF="id98.htm" TARGET="_top" TITLE="2007 BUDGET"><U>GENERAL FUND EXPENDITURES</U></A></div> <bR> <div> <A HREF="id96.htm" TARGET="_top" TITLE="Port Meetings/Business"><U>MEETINGS/BUSINESS</U></A></div> </td> <td valign="top" height=390 BGCOLOR="#FFFFFF" TEXT="#080000"> <div> <I>IDD Fund</I></div> <div> <TABLE BORDER="2" CELLPADDING="1" CELLSPACING="1" WIDTH="656" BORDERCOLORLIGHT="#C0C0C0" BORDERCOLORDARK="#808080" FRAME="BELOW" RULES="ALL" HSPACE="0" VSPACE="0" > <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><div> <B>Proposed 2007 Budget </B></div> </tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> <B>INDUSTRIAL DEVELOPMENT FUNDS</B></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><div> <B>Approved 11/06</B></div> </tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="407" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 ><NOBR><div> <B>Estimated Cash </B></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="407"><div> <B>Carry Over</B></div> </tD> <tD VALIGN=TOP WIDTH="102"><div> <B>368,385</B></div> </tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="407" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="128"><div> <B>INCOME</B></div> </tD> <tD VALIGN=TOP WIDTH="407"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="407" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><div> <B>General Fund to IDD</B></div> </tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><div> <I>INTERFUND LOAN REPAYMENT</I></div> </tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><div> --Administration Building - Pay off 2007</div> </tD> <tD VALIGN=TOP WIDTH="102"><div> 20,000</div> </tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="407" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><div> Interest</div> </tD> <tD VALIGN=TOP WIDTH="102"><div> 7000</div> </tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="407" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 35 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="35" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> LOCAL Program - Anticipated Loan Proceeds</div> <div> <I>(Payment of contractors directly from Treasurer)</I></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="35" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="35" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="407" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><div> <B>Total Income</B></div> </tD> <tD VALIGN=TOP WIDTH="102"><div> <B>27,000</B></div> </tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="407" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><div> <B>Total Funds Available</B></div> </tD> <tD VALIGN=TOP WIDTH="102"><div> <B> 395,385</B></div> </tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="407" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="407" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 ><NOBR><div> <B>EXPENDITURES</B></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="407"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="407" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> Water System (Primary Costs Covered by LOCAL fund)</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="407" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><div> <B>PROPOSED</B></div> </tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><div> Land Purchase - Industrial Park</div> </tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> Industrial Park Construction - Costs Unknown</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="407" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><div> <B>Total Expenditures</B></div> </tD> <tD VALIGN=TOP WIDTH="102"><div> <B>-0-</B></div> </tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="407" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="128"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="128" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="407"><div> <B>PROJECTED ENDING BALANCE</B></div> </tD> <tD VALIGN=TOP WIDTH="102"><div> <B>395,385</B></div> </tD> <tD VALIGN=TOP WIDTH="0"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="0" HSPACE="0" VSPACE="0"></tD> </tR> </TABLE></div> <bR> </td> </tr></table></body>