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HomeMy WebLinkAbout2008 04 04 Other Distributed by Manager McLemore distributed during item 601Date: Apri14, 2008 The following document was distributed by Manager McLemore at the April 4, 2008 City Commission Special Meeting towards the end of the Special Meeting. A REPORT ' ANALYZING THE IMPACTS OF IMPLEMENTATION OF FIRE ASSESSMENTS IN THE CITY OF WINTER SPRINGS AN 1 1 �iNTE� 1111411111111111l ' U Incorporated lip 1959 1 4 LORtUp' �1 1 1 April 2, 2008 CITY OF WINTER SPRINGS, FLORIDA 1126 EAST STATE ROAD 434 WINTER SPRINGS, FLORIDA 32708-2799 Telephone (407) 327-5957 Facsimile (407) 327-6686 Ronald W. McLemore City Manager ME MORAN~UM TO: Mayor & Commission FROM: Ron McLemore, City Manager DATE: April 2, 2008 SUBJ: Alternative Fire Assessment Rate Impacts As per the direction of the Mayor and City Commission, City staff has prepared the enclosed report to provide more definitive information regarding the impacts of fire assessment rates on property owners in Winter Springs. This report examines the impacts of three alternative levels of fire assessment rates utilizing the second methodology provided to the Commission as follows: 100% of the lawfully assessable recurring costs of fire services, 75% of the lawfully assessable recurring costs of fire services, and 50% of the lawfully assessable recurring costs of fire services. To balance the FY 2008 budget as adopted by the City Commission, the City needs $2,375,000 in fire assessment revenue. In accordance with the revised Commission consensus to pay for the one- time costs of the assessment study ($81,000), assessment notices and bills ($36,000) and fire truck ($208,000) from $325,000 in General Fund Reserves, fire assessments would need to generate $2,050,000 in order to balance the FY 2008 budget as otherwise adopted. With this in mind, one of the three alternatives could be implemented with the following considerations: 100% Alternative. This alternative requires the utilization of $325,000 in General Fund Reserves to balance the FY 2008 budget as otherwise adopted. 75% Alternative. This alternative would reduce fire assessment rates by 25% and requires the utilization of $815,000 in General Fund Reserves to balance the FY 2008 budget as otherwise adopted. 50% Alternative. This alternative would reduce fire assessment rates by 50% and requires the utilization of $1,335,000 in General Fund Reserves to balance the FY 2008 budget as otherwise adopted. A decision by the City Commission to forgo adoption of fire assessments altogether would require utilization of $2,375,000 in General Fund Reserves to balance the FY 2008 budget as otherwise adopted. Use of $2,375,000 in General Fund Reserves reduces the City's restricted General Fund Reserves available as of May 14, 2008 from $5.05 million to $2.675 million. This would reduce the amount of General Fund Reserves required by the City's budget reserve policy from 25%, or 3 months of operating reserves, to 12.5%, or 45 days of operating reserve. TABLE OF CONTENTS Introduction 1 Study Methodology--------------------------------------------------------------------------------------------------------------5 Executive Summary: Overview 7 ------------------------------------------------------------------------------------------------------------------------ Findings-------------------------------------------------------------------------------------------------------------------------- 8 Conclusions 13 Appendices Charts Analyzing Impact of Fire Assessments----------------------------------------------Appendix I Graphical Analysis of Impact of Fire Assessments,_____________________________________ Appendix II Rate Tables under the Rate Alternatives A, B & C_____________________________________Appendix III Florida & Metro Forecast 2008-2010.---------------------------------------------------------Appendix IV City of Winter Springs ~ Fire Assessment Report ~ TOC INTRODUCTION This report is being provided in response to Commission direction to provide a detailed analysis of the fiscal impacts of implementation of a fire assessment program on property owners in the City of Winter Springs. Historical Framework In adopting the City's FY 2008 budget, the Commission voted to reduce the City's millage rate from 4.4019 mills to 3.3518 mills, a 24% reduction, in anticipation of implementation of a fire assessment program to replace the lost revenue from this millage reduction. Accordingly, the level of the millage reduction was derived to equal the amount of revenue estimated to be received from the fire assessment program in FY 2008, less approximately $330,000 to be utilized for various needs to be determined by the Commission at a later date. Environmental Scan Local government revenues and spending are currently under attack by the Governor and some Legislators as well as the Taxation and Budget Reform Commission, a constitutionally mandated committee that meets every 20 years to review Florida's tax structure. Specific legislation and an amendment to the Florida Constitution regarding property taxation have already passed and future legislation and constitutional amendments are likely forthcoming. This recently approved legislation has placed severe restrictions on the amount of revenues local governments may legally generate from property taxes. This has forced many local governments throughout the state to seek alternative revenue sources in order to simply maintain current levels of services its citizens demand. Fire assessments are a common alternative source of revenue to property taxes for funding of local government fire services. Some 60-70 cities and 30 counties in Florida currently utilize assessments for this purpose. In anticipation of challenging fiscal conditions in FY 2008, the Commission took these actions: 1. The Commission took $4.34 million off the table for budget consideration. 2. The Commission adopted a FY 2008 budget that reduced overall spending 8.3% and General Fund spending 2.2% below FY 2007 spending. 3. The Commission reduced the millage by 24%, to be replaced by fire assessments, to fulfill the intent of the Legislature to reduce property taxes. City of Winter Springs ~ Fire Assessment Report ~ 1 Over the past several years, the City has been building its reserves to provide adequate cushion for revenue shortfalls related to downturns in state shared revenues which are highly vulnerable to economic cycles, hurricanes and other natural disasters, to reduce interest expenses related to borrowing for capital outlays, and to provide the flexibility to participate in development partnerships with the County and State to locate or expand high value economic development opportunities in Winter Springs. FY 2007 year ending reserves for the General Fund were $8,934,910 which are distributed as follows: 25% Restricted Operating Reserve $5,349,428 Unrestricted Reserves 3,585,482 Total Reserves $8,934,910 In December 2007, the State Board of Administration Local Government Investment Pool initiated a scheduled release of Pool investments due to a liquidity crisis caused by the fear of default of sub prime market investments. As shown below, as a result of this scheduled drawdown, all of the General Fund Reserves remaining in the SBA Pool are not immediately available. Funds invested in the U. S. Treasury Reserve Fund approved by the Commission to invest City reserves are all immediately available. (Scheduled) (Scheduled) (Available) SBA SBA Reserve General Fund Pool A Pool B Fund Total Current $3.7M $0.75 M $4.OSM $8.SOM May 14, 2008 $2.7M $0.75M $S.OSM $8.SOM As shown, as of today, $4.05 million of the City's General Fund Reserves are available in the Reserve Fund while $4.45 million are held in the SBA Pool. The next scheduled release will result in $5.05 million in General Fund Reserves being available in the Reserve Fund and $3.45 million remaining in the SBA Pool. The scheduled releases from the SBA Pool have been surprisingly orderly. Funds in the Pool are currently earning 3.02% interest. Based upon the expectations to date, the City will recover most if not all its funds within the next 12 to 18 months. Therefore, in making decision regarding the utilization of reserves to offset fire assessments in the FY 2008 budget, the Commission needs to keep in mind that "on- hand" reserves are currently below the $5,349,428 General Fund operating reserve requirement. This fact does not preclude the Commission from utilizing these reserves for a public emergency. However, the City's budget reserve policy as written requires these restricted reserves to be replaced in the fiscal year following the public emergency. Unrestricted reserves are not bound by this requirement. Interestingly enough, a drawdown of the City's restricted reserves could be replaced by the release of funds from City of Winter Springs ~ Fire Assessment Report ~ 2 the SBA Pool in the next fiscal period as required in the budget policy with two caveats as follows: 1. The amount of draws upon the City's restricted reserves does not exceed the amount of releases from the SBA Pool. 2. SBA releases continue on an orderly basis similar to that experienced over the past six months. Nonetheless, the amount of draws should be kept as low as possible for two reasons as follows: 1. We never know what emergencies or economic development opportunities are on the horizon. 2. We can reasonably conclude, but not be assured, that SBA releases will continue at previous rates. As it stands in the FY 2008 fiscal period, there is no fiscal calamity in Winter Springs. The City's reserves have absorbed the reduction in revenues caused by the downturn in the economy. As indicated in the University of Central Florida's Institute for Economic Competitiveness March 2008 Florida & Metro Forecast (Appendix 1V), the economy should begin to rebound in the last half of 2008 and continue on through 2010. Therefore, it would appear that careful budget planning for the FY 2009 fiscal period, which would involve a flat or near flat spending approach, could represent a viable budgetary plan. One or more of the following three dynamics could derail this logic: 1. A Commission decision to forgo adoption of fire assessments. 2. Further actions by the Legislature to reduce local government revenues without local revenue overrides. 3. Reduction in State Revenue Sharing revenues significantly below those already predicted. Although the proposals from the Taxation and Budget Reform Commission could place further pressures on local government to reduce services, the impacts of these proposals, if approved in a state-wide referendum, would not occur until FY 2010. The information that will be needed to appropriately formulate FY 2009 budget decisions is as follows: • The Commission's decision regarding fire assessments. • The impacts of legislation that may be passed during this session of the legislature. This information will not be available until the end of the session in May. • Revenue forecasts by the State Department of Revenue. This information will not be available until mid-June. City of Winter Springs ~ Fire Assessment Report ~ 3 Consequently, as in last year's budget cycle, the lack of information places the City in the position of not having critical information that is needed to make intelligent FY 2009 budget decisions until late June of this year. This will necessitate, again this year, the development of several budget scenarios. Thus, we are in an environment in which four factors, when taken together, begin to articulate the value of fire assessments as a temporary fiscal strategy for balancing the current year budget as opposed to a long term strategy for funding fire services in the City. First is an indication that the Commission may be reversing its preference for fire assessments over property taxes as the more fair and secure strategy for funding fire services in the City. Second is the lack of information that is available for us to fully understand the impacts of legislative actions on the FY 2009 budget. These impacts may be more or less onerous than previously thought. This information will be available at the end of May or first of June. Third is the lack of information that is available to forecast revenues for FY 2009. Again, these revenue forecasts may be more or less onerous than previously thought. This information will be available in mid-June. Fourth, data from the current fire consolidation study appears to be more promising than expected as an alternative for providing fire services in Winter Springs. This report should be available within the next sixty days. With this in mind, the Commission may desire to consider adopting fire assessments as a one time measure to get the City through this period of uncertainty. With better information in hand, the Commission could then decide, as a part of the FY 2009 budget cycle, if fire assessments are needed in additional years to fund fire services in the City. Fiscal Framework Property taxes are assessed based on the value of a property while fire assessments are assessed based upon the cost of the delivery of fire services to property. The cost varies with the size and complexity of buildings and building content. Therefore, although the implementation of the fire assessment program in Winter Springs, as currently proposed, will result in revenue neutrality to the City, there will not be a direct correlation in the amount of millage savings each property owner will realize from the 24% millage reduction and the fire assessment rate each property owner will pay. Thus, a percentage of parcels will realize a net savings and a percentage of parcels will realize a net increase from implementation of the fire assessment program. This report analyses the effect of these net increases and decreases on a parcel by parcel basis. City of Winter Springs ~ Fire Assessment Report ~ 4 STUDY METHODOLOGY Definitions Pay More: When comparing the millage savings for the individual parcel, resulting from the 24% (1.0501 mills) Commission approved FY 2008 reduction in the millage rate, to the fire assessment rate the individual parcel will pay under the fire assessment program, this parcel will realize a net increase in cost, thus "pay more". Pay Less: When comparing the millage savings for the individual parcel, resulting from the 24% (1.0501 mills) Commission approved FY 2008 reduction in the millage rate, to the fire assessment rate the individual parcel will pay under the fire assessment program, this parcel will realize a net savings in cost, thus "pay less". Second Methodology: The methodology presented to the Commission by the fire assessment consultants which utilizes a tiered rate structure based on the size of the building; i.e., the larger the building, the higher the assessment rate. Process Utilizing data provided by the Seminole County Property Appraiser and the City's fire assessment consultant, Government Services Group, Inc. (GSG), a detailed, parcel-by- parcel analysis was performed to ascertain which parcels would pay more and which parcels would pay less utilizing the following process: A detailed listing of each parcel in the City of Winter Springs was prepared to include: A. Parcel ID. B. DOR Code and Category, e.g., Single Family, Townhome, Condo, Commercial, etc. C. Tax Year 2007 (FY 2008) certified taxable value. D. Fire assessment rate required to fund the recurring costs of fire services, under the second methodology, for each parcel under three funding alternatives: a. Alternative A - 100% of assessment rates. b. Alternative B - 75% of assessment rates. c. Alternative C - 50% of assessment rates. 2. Utilizing this data, the amount of savings resulting from the 24% millage reduction, 1.0501 mills, was calculated for each parcel. This savings was compared to the fire assessment rate, under each funding alternative, to derive City of Winter Springs ~ Fire Assessment Report ~ 5 a net savings/increase by parcel for each alternative. This result was then categorized by property type. 3. This data was further analyzed to ascertain what percentage of parcels, by property type, would pay more and what percentage would pay less. 4. Finally, this result was further categorized into tiers of how much more or less (e.g., $0 - $10 more, $10 - $20 more, $0-$ l O less, $10 - $201ess, etc.) each parcel would pay. The assessment rates associated with each of the three alternatives referenced above were derived as follows: • Alternative A utilizes the rate structure previously presented by GSG, under the second methodology, which, for example, levies a rate of $115 for the smallest sized single family property. • Alternative B utilizes a rate of $86 ($115 x 75%) for the same sized single family property. • Alternative C utilizes a rate of $58 ($115 x 50%) for the same sized single family property. City of Winter Springs ~ Fire Assessment Report ~ 6 EXECUTIVE SUMMARY Overview Since assessments are levied on the basis of the fair apportionment of the cost of providing a benefit to property as opposed to the value of property which is inherent in property taxes, the replacement of property taxes with fire assessments in Winter Springs will undeniably cause a percentage of parcel owners to pay more under assessments than they would under property taxes. Correspondingly, assessments will cause a percentage of parcel owners to pay less under assessments than they would under property taxes. The impact on parcel owners paying more is mitigated to the largest extent under Alternative C and to a lesser extent under Alternative B when compared with the impacts under Alternative A. The policy question before the Commission remains, "How do we fund our Fire Department," via assessments or property taxes? There are pros and cons to each approach. Utilization of fire assessments will more fairly distribute the cost of fire services. This will result in parcel owners who have been paying a disproportionately high share of the costs of fire services paying less and those historically paying a disproportionately low share of the costs of fire services paying more. If property taxes continue to be utilized, this disproportionate distribution of costs will continue. Timing has not been kind to this policy debate. Demands for reduced spending and tax relief caused by the economic downturn and the Governor and Legislature's efforts to portray local governments as irresponsible stewards of public funds has clouded and confused the debate over the relative merits of fire assessments in Winter Springs. Historically, however, Winter Springs is a city that values all city services. The fact that all residents want fewer taxes is clearly understood. The assumption, however, that the majority of Winter Springs residents will not in the end support reasonable efforts such as fire assessments to sustain current service levels may or may not be as clear as it appears in public hearings and the media. City of Winter Springs ~ Fire Assessment Report ~ 7 Finding #1 Table 1 below demonstrates the significant reduction in rates between the 100%, 75% and 50% assessment rate alternatives for the various property categories, under Hazard Class 7 (the lowest risk hazard class) and Rate Tier 1 (the lowest rate tier). Table 2 below further demonstrates this reduction for Single Family parcels, expanding the examination to include Rate Tiers 2-5 (up to 6,099 square feet). These reductions are replicated throughout the various tiers as depicted in the detailed rate tables for each alternative in Appendix III. TABLE 1 Tier 1 Rates Hazard Class 7 Property Cate or Alternative A 100% Rates Alternative B 75% Rates Alternative C 50% Rates Sin le Famil Residential $115 $86 $58 Mobile Home $115 $86 $58 Multi Family Residential $218 $167 $109 Commercial $241 $181 $121 Industrial/Warehouse $58 $44 $29 TABLE 2 Single Family Residential Tier 1-5 Rates Rate Tier Associated Square Footage Alternative A 100% Rates Alternative B 75% Rates Alternative C 50% Rates 1 0 - 1,199 $115 $86 $58 2 1,200 - 1,999 $173 $129 $87 3 2,000 - 3,099 $230 $172 $116 4 3,100 - 4,499 $288 $215 $145 5 4,500 - 6,099 $345 $258 $174 City of Winter Springs ~ Fire Assessment Report ~ 8 Finding #2 Tables 3, 4, 5 and 6 below demonstrate the percentage of parcel owners expecting to pay more or pay less when comparing their fire assessment rate to their FY 2008 millage reduction. Amore detailed analysis of this data is provided in Appendix I, and graphically in Appendix II. TABLE 3 Alternative A (100% Rates) Percentage of Single Multi- ParcelOwners Family Family Mobile Industrial/ Who: Residential Residential Home Commercial Warehouse Pa More 79% 71 % 100% 61 % 64% Pay Less 21% 29% 0% 39% 39% • Rates in Alternative A (100% alternative) generate approximately $2,050,000 in net revenue and requires the utilization of $325,000 in General Fund Reserves to balance the FY 2008 budget as otherwise adopted by the City Commission. Of the three scenarios presented, Alternative A results in the largest percentage of parcel owners paying more. TABLE 4 Alternative B (75% Rates) Percentage of Single Multi- ParcelOwners Family Family Mobile Industrial/ Who: Residential Residential Home Commercial Warehouse Pa More 60% 58% 100% 53% 46% Pay Less 40% 42% 0% 47% 54% • Rates in Alternative B (75% alternative) generate approximately $1,560,000 in net revenue requires the utilization of $815,000 in General Fund Reserves to balance the FY 2008 budget as otherwise adopted by the City Commission. City of Winter Springs ~ Fire Assessment Report ~ 9 TABLE 5 Alternative C (50% Rates) Percentage of Single Multi- ParcelOwners Family Family Mobile Industrial/ Who: Residential Residential Home Commercial Warehouse Pay More 33% 46% 100% 34% 18% Pay Less 67% 54% 0% 66% 82% • Rates in Alternative C (50% alternative) generate approximately $1,040,000 in net revenue and requires the utilization of $1,335,000 in General Fund Reserves to balance the FY 2008 budget as otherwise adopted by the City Commission. • Of the three scenarios presented, Alternative C results in the smallest percentage of parcel owners paying more. For example, 33% of Single Family parcels pay more as compared to 79% paying more in Alternative A. A summary of the above stated Tables 3, 4 and 5, comparing the effects of each alternative on parcel owners, is shown in Table 6 below: TABLE 6 Summary of Alternatives Property Scenario A (100%) Scenario B (75%) Scenario C (50%) Category Pay More Pay Less Pay More Pay Less Pay More Pay Less Single Family 79% 21 % 60% 40% 33% 67% Multi Family 71 % 29% 58% 42% 46% 54% Mobile Home 100% 0% 100% 0% 100% 0% Commercial 61 % 39% 53% 47% 34% 66% Industrial 64% 36% 46% 54% 18% 82% • Utilization of the rates under Alternatives B & C serves to reduce the amount of parcel owners who pay more as well as to mitigate the net impacts of fire assessments on all parcel owners. • Alternative C provides the largest distribution of parcel owners paying less and thus mitigates the financial impacts on parcel owners to the greatest extent. Alternatives B and C reduce the rates far below those originally presented to the Commission. They also bring the net impacts of fire assessments down. Consistent with comments from some Commissioners, Alternatives B and C reduce the net impacts of fire assessments to a level more in line with the original expectation of the Commission. City of Winter Springs ~ Fire Assessment Report ~ 10 Finding #3 Tables 3, 4, 5 and 6 above demonstrate the percentage of parcel owners expected to pay more or less when comparing their fire assessment rate to their FY 2008 millage reduction. Tables 7, 8, 9 and 10 below further define these percentages to demonstrate how much more parcel owners will pay when comparing their fire assessment rate to their FY 2008 millage reduction. Amore detailed analysis of this data is provided in Appendix I, and graphically in Appendix II. TABLE 7 Single Family Residential Percentage of Parcel Owners Paying: Alternative A 100% Rates Alternative B 75% Rates Alternative C 50% Rates More than $30 69.0% 47.2% 13.7% More than $60 59.7% 28.6% 1.3% More than $90 46.6% 8.9% 0.5% More than $125 21.4% 0.8% 0.1 More than $150 7.4% 0.5% 0.0% More than $175 1.3% 0.2% 0.0% • Alternative B cuts the percentage of Single Family parcel owners who pay more than $60 ($5 per month) in half, reducing the percentage of parcel owners who pay more than $60 from approximately 60% to less than one third. • Alternative C further reduces the percentage of Single Family parcel owners who pay more than $60 to almost zero. TABLE 8 Multi Family Residential Percentage of Parcel Owners Pa in Alternative A 100% Rates Alternative B 75% Rates Alternative C 50% Rates More than $30 60.1 % 49.3% 30.1 More than $60 50.4% 36.5% 6.5% More than $90 38.5% 13.6% 0.4% More than $125 14.9% 1.6% 0.0% More than $150 12.7% 1.0% 0.0% More than $175 4.6% 0.4% 0.0% • Alternative B reduces the percentage of Multi Family parcel owners who pay more than $60 ($5 per month) from one half to slightly more than one third. Alternative C further reduces the percentage of Multi Family parcel owners who pay more than $60 to only 6.5%. City of Winter Springs ~ Fire Assessment Report ~ 11 TABLE 9 Commercial Percentage of Parcel Owners Paying: Alternative A 100% Rates Alternative B 75% Rates Alternative C 50% Rates More than $30 60.5% 47.3% 28.7% More than $60 58.1 % 45.7% 21.7% More than $90 56.6% 38.8% 20.9% More than $125 51.9% 36.4% 15.5% More than $150 49.6% 33.3% 13.2% More than $175 45.7% 27.9% 11.5% • Alternative B reduces the percentage of Commercial parcel owners who pay more than $60 ($5 per month) approximately 58% to less than one half. • Alternative C further reduces the percentage of Commercial parcel owners who pay more than $60 to slightly more than one fifth. TABLE 10 Industrial/Warehouse Percentage of Parcel Owners Paying: Alternative A 100% Rates Alternative B 75% Rates Alternative C 50% Rates More than $30 60.6% 24.2% 9.1 More than $60 54.5% 24.2% 6.1 More than $90 39.4% 24.2% 3.0% More than $125 33.3% 18.2% 3.0% More than $150 30.3% 18.2% 0.0% More than $175 24.2% 15.2% 0.0% • Alternative B reduces the percentage of Industrial parcel owners who pay more than $60 ($5 per month) from slightly more than one half to less than one fourth. Alternative C further reduces the percentage of Industrial property owners who pay more than $60 to only 6.1% City of Winter Springs ~ Fire Assessment Report ~ 12 Conclusions Reducing the percentage of assessment rates from 100% to 75% and/or 50% of the allowable assessment can offer substantially lower cost impacts on parcel owners as well as dramatic reductions in the number of parcel owners experiencing net increases over the amount of their 24% property tax reduction. 2. Considering that the City has only approximately $5.05 million in available restricted General Fund Reserves (as of May 14, 2008) and no available unrestricted General Fund Reserves, the Commission must approach the utilization of reserves cautiously. If the Commission does not implement fire assessments, it will need to utilize an estimated $2,375,000 in reserves in order to balance the FY 2008 budget as otherwise adopted by the Commission and in order to prevent dramatic cuts in services. The utilization of Alternative B with an estimated $815,000 reduction in available restricted General Fund Reserves is manageable. The utilization of Alternative C with an estimated $1,335,000 reduction in available restricted General Fund Reserves reduces the amount of General Fund Reserves required by the City's budget reserve policy from 25%, or 3 months of operating reserves, to 17.4%, or 63 days of operating reserves. This places the City in a far more vulnerable financial position than Alternative B. The utilization of more than the $1,335,000 in available restricted General Fund reserves would be most unwise and highly inadvisable. Implementation of Alternative A (0% reduction alternative) or Alternative B (25% reduction alternative) would do the following: Allow the City to complete the FY 2008 budget without dramatic reductions in planned services. Afford the Commission time to decide the future of fire assessments in the City with a far better understanding of what new legislation may be adopted, what proposals the Taxation and Budget Reform Commission will be recommending, and what further state shared revenue reductions may occur due to the downturn in the economy in FY 2009. Afford the Commission the option to have an orderly City budget review process for FY 2009, inclusive of a citizen participation component, if desired by the Commission. 4. Implementation of Alternative C (50% reduction alternative) would reduce rates the most. It would offer the other advantages noted above. However, Alternative C places the City in a far more financially vulnerable position than Alternative A or B. City of Winter Springs ~ Fire Assessment Report ~ 13 APPENDIX I O i V ~ 7 ~ 0 ~ ~ N ~ ~ O ~ ~ a o ~ ~ ~ o ccd ~ ~ C ~ `~ N E W L t/1 O LrO V aa~ L ~ ~ ~a~n 0 O r ~~ tp O O N ~ J 0 o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 \° ~ \° ° O N ~ O O O O O O O ~ O O O O O O O O O O O ~ I~ L ~ O ('7 ('7 ('7 ('7 O O (O O O O ('7 0 0 0 0 0 0 ('7 ~ m ~ ~ d ~ ~ L(7 ~ O ~ ~ O _ EA N O o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o \° o o \° ~ -O ~ O O O O O O O O O O O O O O O N O ~ L(7 C ~ O O ('7 ('7 O ('7 (O (O ('7 ('7 ('7 ('7 (O O O O ('7 ('7 ~ O ~ ~ d ~ N O N O o o o o \° ° 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 \ ° ~ N J O ('7 ~ L(7 (O O ('7 00 (O 00 0 0 0 0 0 0 00 O 00 (O ~ O ~ ~ O N ~ 00 ('7 N O O O O O O O O O O O ~ O U d O ~ O O m E N O ~ O ~ U O o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o 0 ~ p ~ O O 00 O ('7 O (O O O ('7 ('7 ('7 O ~ O O N ~ L(7 ('7 N ~ ~ O O O O N O ~ O O N N N ('7 ('7 I~ ~ O V 00 O ~ O d (h EA N O 0 o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o O J O O O O O O O O O O O O O O O O O O O O O ~ d O O O O O O O O O O O O O O O O O O O O O ~ 2 ~ O ~ O ~ O ~ O o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o 0 O 0 o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o 0 O ~ L(7 ~ O O O O O O O O O O O O O O O O O O O O O ~ ~' ~ O O O O O O O O O O O O O O O O O O O O O 00 d ~ ~ *' ~ ° ° ° ° ° ° ° ° ° ° ° ° ° ° ° ° ° ° ° ° o N N ~ O \ 0 \ 0 \ 0 \ 0 \ 0 \ 0 \ 0 \ 0 \ 0 \ 0 \ 0 \ 0 \ 0 \ 0 \ 0 \ 0 \ 0 \ 0 \ 0 \ o V O J L(7 L(7 I~ V O N ('7 O N 00 ~ 00 ('7 0 0 0 0 0 0 0 O O "a . ~ L(7 (O (O ('7 N O O O O O N 0 0 0 0 0 0 0 0 0 N N ~ O d ~ ~ `-' ~ ~ a ~ E N ~ L(7 EA ~ ~ O o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 \° 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 \° ° ~ ~, ~ I~ C7 L(7 O N 00 ('7 I~ O ~ C7 L(7 00 I~ V O O N ~ 7 ~ V ('7 ('7 V ('7 N ('7 L(7 (O ~ N 00 O O O O O ~ O ~ d (7 EA ~ N O _ *' ~ ~ N 0 o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 \° ° O O O J V N N V V ('~ O I~ ~ O N a0 V ~ ~ ('~ N ~ ~ O ~ a0 ~ ('7 ('7 N N O O O O O O O O O O O O O N _ N O d ~ ~ ~ L(7 ~ O ~ O ~ O EA ~ O o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 \° ° \° 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 \° ° O ~ O ~ L(7 (O 00 I~ C7 V O (O (O ~ ~ N I~ L(7 N O O O O O ~ ~ ~ ('7 ('7 N N ('7 ('7 V V V (O ~ ~ (O 0 0 0 0 0 0 0 ~ N a ~ ++ ~ O O O O O O O O 00 N ~ ~ O ~ O O O O 00 C J O_ N ~ ('7 ~ V ~ L(7 ~ (O ~ I~ ~ a0 ~ O ~ ~ ~ ~ N ~ N ~ ('7 ~ V ~ L(7 ~ O O (B N ~ L O O ~ I I I I I I I I ~ I I I I I I I I I ~ I ~ O ~ ~~ I o 0 0 0 0 0 0 0 0 0 ~ o ~ o 0 0 0 0 ~ ~ ~ ~ Q ` o N ch v ~ m ~ ao rn o ~ ~ ~ o ~ o 0 o n p EA EA EA EA EA EA EA EA ~ _ N N (7 V ~ .~ N EA X O Q Q (6 O N O O O O EA T (6 Q N C O N C .~ to .~ H (6 .~ U to 7 N U .~ O rn N O 0 O i V ~ 7 ~ 0 N ~ ~ N ~ ~ O ~ ~ a o ~ ~ ~ O ccN ~ ~ C ~ `~ N E W L t/1 O LrO V aa~ L ~ ~ ~a~n N ca \° 0 ti ~~ ~ ~ O N ~ N ° o ° 0 o 0 ° 0 o 0 o 0 ° 0 ° 0 ° 0 o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 \° 0 ~ 0 ~_ ~ J O O O O O O O O O O O O O O O O ~ V L ~ (O O O (O ('7 O O O ('7 O O ('7 ('7 ('7 O ('7 O O ('7 ~ ~ ~ ~ d Ef) (h ~ N ~ EA N O \° \° o \° \° \° \° \° \° \° \° \° \° \° \° \° \° \° \° \° o ~ - ~ 0 O 0 ~ ~ 0 O 0 O 0 O 0 O 0 O 0 O 0 O 0 ~ 0 O 0 O 0 O 0 O 0 ~ 0 O 0 O 0 O 0 O ~ V O C ~ ('~ (O ~ O O O O O O O (O O ('7 ('7 O (O O ('7 ('7 O ~ ~ d ~ N O N O o o 0 0 0 0 0 0 \° 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 \° ° ~ J O O O ('7 ~ V 00 ('7 (O O I~ O O 00 00 O 00 O O ('7 ('7 N N ~ ~ O O O N ~ L(7 O N O V ('7 O O O O N ~ ~ _ U d O ~ ~ O ~ (7 N O ~ O ~ U O o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ~ p ~ 00 (O (O O O 00 ('7 O O 00 V O O ('7 00 O ('7 ~ ~ ('7 O O O O N ('7 O ('7 L(7 ('7 N I~ C7 I~ N ~ ~ d N EA N O 0 o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o O J O O O O O O O O O O O O O O O O O O O O O ~ E a 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 °~ _ ° o ~ ~ O O o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o O ~ 0 0 0 0 o O o 0 0 0 0 0 0 0 0 0 0 0 0 o O O ~ O O O O O O O O O O O O O O O O O O O O O ~ ~' O O O O O O O O O O O O O O O O O O O O O L(7 ~ ~ d ~ tp C7 *' O \° \° \° \° \° \° \° \° \° \° \° \° \° \° \° \° \° \° \° \° o O I~ ~ O J 0 N 0 O 0 O 0 ('7 0 00 0 O 0 O 0 N 0 O 0 0 V 0 I~ 0 00 0 L(7 0 O 0 O 0 O 0 O 0 O o ~ O O ~ ~ ('7 N V V (O 00 ~ V ~ ~ O N 0 0 0 0 0 0 0 0 ~ ~ .~ d ~ O ~ ` ' Q• - V L(7 >+ O E N O EA ~ ~ O o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 \° 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 \° ~ rj ~, ~ O I~ V (O 00 V L(7 L(7 ~ (O (O ('7 0 0 0 0 0 0 0 ~ O 7 ~ V N N ('7 V V 00 O L(7 ~ 0 0 0 0 0 0 0 0 0 ~ ~ ~ d Ef) ~ N O _ *' ~ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 \° O ~ J o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ° ('7 O O N L(7 V ('7 L(7 (O 00 00 00 O a0 V N N I~ ~ N N O ~ O ~ ('7 ('7 ('7 ('7 ('7 ('7 ('7 N N O O O O O ~ ('7 N ~ d Ef) (h a O . ~ ~ O ~ O o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o o O O ~ L(7 O 00 (O V I~ N C7 N O N N V O ~ O O O O O O L(7 ~ ~ ('7 V V L(7 (O (O I~ O O V ('7 0 0 0 0 0 0 0 0 0 ~ N d Ef) ~ 0 O O O O O 0 ++ O O ' O O O O O O 0 N ~ ~ ~ ' 0 O C J O N 7 ( V L(7 (O I~ a0 O N N ( 7 V L(7 O N ~ L _ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ (B O O ~ I I I I I I I I I I I I I I I I I I O ~ ~~ I o 0 0 0 0 0 0 0 0 0 ~ o ~ o 0 0 0 0 ~ ~ ~ ~ Q ` o N ch v ~ m ~ ao rn o ~ ~ ~ o ~ o 0 o n p EA EA EA EA EA EA EA EA ~ _ N N (7 V ~ .~ N N EA X O Q Q (6 O N O O O L(7 O V EA T (6 Q N C O N C .~ to .~ H (6 .~ (6 U to 7 N U .~ O rn N O 0 O i V ~ 7 ~ 0 ~ ~ N ~ ~ O ~ ~ a o ~ ~ ~ o ccd ~ ~ C ~ `~ N E W L t/1 O LrO V aa~ L ~ ~ ~a~n N O ~~ ~ ~ ~ N ~ ~ ° 0 ° 0 o 0 ° 0 ° 0 ° 0 o 0 ° 0 ° 0 O 0 O 0 O 0 O 0 O 0 o 0 ~ O o O 0 o 0 ~ ° ~ ° "' v ~ J O O O O O O O O O O ~ O O ~ O ~ O O O N ~ N L (~6 ('7 O O ('7 ('7 ('7 O ('7 O ('7 O ('7 ('7 O ('7 ~ ('7 ('7 ('7 ~ ~ O ~ d N Ef) O (6 ~'' L(7 O (7 ~ ~ ~ EA N ~ \° \° \° \° \° \° \° \° \° \° \° \° \° \° \° \° \° \° \° \° o ~ ~ 0 O 0 O 0 ~ 0 O 0 O 0 O 0 O 0 O 0 O 0 O 0 O 0 O 0 O 0 O 0 O 0 O 0 O 0 O 0 O o O N V C ~ ('7 O (O ('7 O O O ('7 O O O ('7 O O O O O O O O ~ ~ d ~ N O ~ N J o o 0 0 0 0 0 0 0 0 0 0 \° ° 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 \° ~ (O (O ('~ (O (O I~ ~ .7 O ('7 O O ('7 a0 ('7 O V ('~ ~ (h ~ ~ N V ~ ('7 N O ('7 N O N ('7 ~ ('7 N ('7 ('7 ~ ('7 ~U d ~ (7 ~ ~ ~ O ~ O ~ U O \° \° \° \° \° \° \° \° \° \° \° \° \° \° \° \° \° \° \° \° o O rj ~ 0 0 ' 0 0 ' 0 0 0 0 0 0 0 ~ 0 0 0 ' 0 0 0 0 0 0 ~ ~ ~ (O ( 7 N (O ( 7 N (O ~ ('7 00 O O O O O 00 O I V C7 N (O 7 ( N 00 O 00 O O ('7 00 O O O m ~ ~? d ~ N ~ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o O J O O O O O O O O O O O O O O O O O O O O O ~ E a 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 °~ 2 ~ O N ~ O ~ O ~ O o o 0 o 0 O 0 o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o 0 O ~ L(7 ~ O O O O O O O O O O O O O O O O O O O O O ~ ~' O O O O O O O O O O O O O O O O O O O O O N ~ ~ d ~ N (7 ~ *' ~ \° o \° 0 \° 0 \° 0 \° 0 \° 0 \° 0 \° 0 \° 0 \° 0 \° 0 \° 0 \° 0 \° 0 \° 0 \° 0 \° 0 \° 0 \° 0 \° 0 o ~ ~ QJ J V 00 I~ ~ O ('7 (O O O (O 00 N O ~ N ~ O O O N ~ O O ~ . ~ ('7 ~ ('7 V N V V ('7 (O (O (O N O N ~ O O O O O ~ ~j ~ d ~ Ef) ~ ~ ~'' ( ~ a O . (7 ~ ~ ~ ~ L O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O ~ ~, ~ ~ I~ O L(7 I~ L(7 O ~ ('7 N N O O O O O O O O O ~ I~ 7 ~ V L(7 L(7 I~ O O ('7 N O O O O O O O O O O O O ~ ~ ~ d Ef) ~ N O _ *' ~ ~ ~ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 \° ° ~_ ~ J V L(7 O N ~ I~ 00 ('7 I~ O L(7 ('7 (O N O (O (O L(7 ('7 O ~ ('7 ~ L(7 L(7 V V V ('7 ('7 ('7 ('7 ('7 I~ L(7 ('7 N ('7 O O O ~ L(7 ~ d Ef) O a (h O .~ ~ ~ ~ O o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o O ~ ~ O 00 I~ 00 V N L(7 O N O V ~ 0 0 0 0 0 0 0 0 L(7 ~ ~ (O (O (O L(7 V N O O O O O O O O O O O O O O m ~ a ~ ~ 0 O O O O O 0 ++ O O ' O O O O O O 0 N ~ ~ ~ ' 0 O C J O N 7 ( V L(7 (O I~ a0 O N N ( 7 V L(7 O N ~ L _ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ (B O O ~ I I I I I I I I I I I I I I I I I I O ~ ~~ I o 0 0 0 0 0 0 0 0 0 ~ o ~ o 0 0 0 0 ~ ~ ~ ~ Q ` o N ch v ~ m ~ ao rn o ~ ~ ~ o ~ o 0 o n p EA EA EA EA EA EA EA EA ~ _ N N (7 V ~ .~ N Q O O V EA X O Q Q (6 O N O O O O f{~ T (6 Q N C O N C .~ to .~ H (6 .~ U to 7 N U .~ O rn N O 0 APPENDIX II OM I • - - - - - ® INN 10.1 i 1.1 MN MO EN - • Single Family Residential 100% Rates 25% 20% J 15% o 2 d 10% - o Q) a 0% - 5 0 /0 $0 - $10 $20 $30 - $40 - $50 - $60 - $70 - $80 - $90 - $100 - $125 - $150 - $175 - $200 - $250 - $300 - $400 - $500 - >$100 $10 $20 $30 $40 $50 $60 $70 $80 $90 $100 $125 $150 $175 $200 $250 $300 $400 $500 $1000 0 • Pay More 3.5% 3.6% 2.8% 2.7% 3.3% 3.4% 4.0% 4.6% 4.6% 6.1% 19.1% 13.9% 6.2% 0.7% 0.5% 0.2% 0.0% 0.0% 0.0% 0.0% • Pay Less -3.4% -3.2% -2.2% -2.4% -1.4% -1.3% -0.9% -0.7% -0.7% -0.6% -1.2% -0.8% -0.4% -0.5% -0.5% -0.3% -0.2% -0.1% -0.1% 0.0% 1.10 Min • • • MB M 1.0 INNI ME Single Family Residential 75% Rates 8% in 4% a� J_ C L L 2% 09 40 - 570 r VA C U L a -2% -4% -6 ° /p $0 - $10 - $20 - $30 - $40 - $50 - $60 - $70 - $80 - $90 - $100 - $125 - $150 - $175 - $200 - $250 - $300 - $400 - $500 - >$100 $10 $20 $30 $40 $50 $60 $70 $80 $90 $100 $125 $150 $175 $200 $250 $300 $400 $500 $1000 0 • Pay More 3.5% 4.0% 4.8% 5.6% 6.4% 6.7% 7.2% 6.3% 6.2% 4.9% 3.2% 0.2% 0.4% 0.0% 0.1% 0.0% 0.0% 0.0% 0.0% 0.0% • Pay Less -3.0% -3.2% -3.5% -3.4% -3.3% -3.5% -3.6% -2.8% -1.8% -1.8% -2.9% -1.8% -1.4% -1.2% -1.2% -0.7% -0.7% -0.2% -0.2% 0.0% OM MN MN in MO I I♦ MI UNII • • NM Single Family Residential 50% Rates 8% r 0:4 F Al $ } d 2/0 � r 4 _ i' ;; L � 3 I cts a -2% ✓ -4% CL -6% -8% -10% $0 - $10 - $20 - $30 - $40 - $50 - $60 - $70 - $80 - $90 - $100 - $125 - $150 - $175 - $200 - $250 - $300 - $400 - $500 - >$100 $10 $20 $30 $40 $50 $60 $70 $80 $90 $100 $125 $150 $175 $200 $250 $300 $400 $500 $1000 0 • Pay More 6.0% 6.8% 6.7% 5.8% 4.4% 2.2% 0.5% 0.0% 0.2% 0.0% 0.4% 0.1% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% • Pay Less -5.4% -5.5% -4.0% -4.2% -4.1% -3.7% -3.8% -3.3% -3.7% -3.6% -7.5% -5.3% -3.6% -2.2% -3.0% -1.6% -1.6% -0.5% -0.3% 0.0% O 1111111 111111 1111. M 1111111 1111. 11111111 N MN NM Multi Family Residential 100% Rates 20% 15% J 10% c o G 5 % v 0% {F. a) o_ -5% -10% $0 - $10 - $20 - $30 - $40 - $50 - $60 - $70 - $80 - $90 - $100 - $125- $150 - $175 - $200 - $250 - $300 - $400 - $500 - >$100 $10 $20 $30 $40 $50 $60 $70 $80 $90 $100 $125 $150 $175 $200 $250 $300 $400 $500 $1000 0 • Pay More 4.7% 3.3% 3.1% 4.5% 1.9% 3.2% 2.8% 3.3% 5.7% 6.0% 17.6% 2.3% 8.1% 1.5% 1.8% 0.7% 0.4% 0.0% 0.0% 0.2% • Pay Less -5.5% -6.5% -6.7% -3.4% -2.0% -0.2% -0.3% 0.0% -0.2% -0.8% -2.1% -0.8% -0.3% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 11111111 11111111 1111111 11.111 I MO IMIN MIN Multi Family Residential 75% Rates 15% 10% m 0 5% 2 co a 0 0% d V L a) a -5% -10% $0 - $10 - $20 - $30 - $40 - $50 - $60 - $70 - $80 - $90 - $100 - $125 - $150 - $175 - $200 - $250 - $300 - $400 - $500 - >$100 $10 $20 $30 $40 $50 $60 $70 $80 $90 $100 $125 $150 $175 $200 $250 $300 $400 $500 $1000 0 • Pay More 4.1% 2.0% 2.7% 3.4% 4.6% 4.8% 8.1% 9.4% 5.5% 1.5% 10.5% 0.6% 0.6% 0.3% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% • Pay Less -3.2% -2.9% -4.0% -4.3% -6.8% -8.0% -1.9% -4.2% -1.0% -1.1% -0.4% -2.7% -0.8% -0.5% 0.0% 0.0% 0.0% 0.0% 0.0% -0.1% - NM MN MN • MB r NM • OM N - - - - - - - • Multi Family Residential 50% Rates 12% 10% - - 8% N 6% a) J 2 2% t O% ■ - U • L d -2% - 4% -6% - 8% $0 - $10 - $20 - $30 - $40 - $50 - $60 - $70 - $80 - $90 - $100 - $125 - $150 - $175 - $200 - $250 - $300 - $400 - $500 - >$100 $10 $20 $30 $40 $50 $60 $70 $80 $90 $100 $125 $150 $175 $200 $250 $300 $400 $500 $1000 0 • Pay More 4.1% 5.7% 5.6% 7.5% 9.7% 6.5% 3.0% 2.7% 0.3% 0.2% 0.2% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% • Pay Less -3.4% -1.8% -3.7% -4.1% -2.6% -4.3% -4.6% -3.9% -6.0% -6.6% -6.8% -2.2% -0.9% -2.1% -1.2% -0.1% 0.0% 0.0% 0.0% -0.2% i Ea N - • M Ma • MN - - - - NM NM lEN Mobile Home 100% Rates 120% 100% - CD 80% C O C a 60% - 0 r c 40% - a 20% - 0% $0 - $10 - $20 - $30 - $40 - $50 - $60 - $70 - $80 - $90 - $100 - $125 - $150 - $175 - $200 - $250 - $300 - $400 - $500 - >$100 $10 $20 $30 $40 $50 $60 $70 $80 $90 $100 $125 $150 $175 $200 $250 $300 $400 $500 $1000 0 • Pay More 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 100.0 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% • Pay Less 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% IIII INS r 1 ■N - r - 1.11 - - • • • Me INN Mobile Home 75% Rates 120% 100% - 80% - C Q C a 60% - 0 t i 40% - - d a 20% 0% $0 - $10 - $20 - $30 - $40 - $50 - $60 - $70 - $80 - $90 - $100 - $125 - $150 - $175 - $200 - $250 - $300 - $400 - $500 - >$100 $10 $20 $30 $40 $50 $60 $70 $80 $90 $100 $125 $150 $175 $200 $250 $300 $400 $500 $1000 0 • Pay More 0.0% 0.0% 0.0% 0.0% 0.0% 100.0 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% • Pay Less 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% i - - - - - - r - - - - - - • - • • Mobile Home 50% Rates 120% 100% J_ 80% L 2 a 60% 0 5 L 40% a) a 20% 0% $0 - $10 - $20 - $30 - $40 - $50 - $60 - $70 - $80 - $90 - $100 - $125 - $150 - $175 - $200 - $250 - $300 - $400 - $500 - >$100 $10 $20 $30 $40 $50 $60 $70 $80 $90 $100 $125 $150 $175 $200 $250 $300 $400 $500 $1000 0 • Pay More 0.0% 0.0% 100.0 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% • Pay Less 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% MI MI I • - - • - • all • • • • • UM MB I • Commercial 100% Rates 15% - 10% - in 5 % _ a) 0% U. .e I 1111.11 Ill f a_ - 5% a) a -10% - 15% - 20% $0 - $10 - $20 - $30 - $40 - $50 - $60 - $70 - $80 - $90 - $100 - $125 - $150 - $175 - $200 - $250 - $300 - $400 - $500 - >$100 $10 $20 $30 $40 $50 $60 $70 $80 $90 $100 $125 $150 $175 $200 $250 $300 $400 $500 $1000 0 • Pay More 0.0% 0.0% 0.8% 0.0% 2.3% 0.0% 1.6% 0.0% 0.0% 2.3% 2.3% 2.3% 3.9% 3.1% 7.0% 7.0% 6.2% 4.7% 8.5% 9.3% • Pay Less 0.0% -2.3% -14.0% -8.5% -1.6% -3.9% -2.3% -0.8% -1.6% -0.8% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% -0.8% 0.0% -0.8% -1.6% IIIIII 111111111 11111111 111111111 1111111 11111. In Commercial 75% Rates 10% - 5% 2 a -5% O t 10% - a> a -15% -20% $0 - $10 - $20 - $30 - $40 - $50 - $60 - $70 - $80 - $90 - $100 - $125 - $150 - $175 - $200 - $250 - $300 - $400 - $500 - >$100 $10 $20 $30 $40 $50 $60 $70 $80 $90 $100 $125 $150 $175 $200 $250 $300 $400 $500 $1000 0 • Pay More 3.1% 0.8% 1.6% 1.6% 0.0% 0.0% 0.8% 2.3% 3.9% 1.6% 0.8% 3.1% 5.4% 3.9% 1.6% 2.3% 7.8% 3.1% 7.0% 2.3% ■ Pa Y Less 0.0% 0.0% 0.0% -2.3% -17.1% -5.4% -0.8% -2.3% -1.6% 0.0% -4.7% -1.6% -3.9% -0.8% -0.8% -1.6% -0.8% -1.6% 0.0% -2.3% i • • • • • • • • • i• • • • • • • • Commercial 50% Rates 10% - 5% 0% d 2 a -5% 0 c -10% Q. -15% -20% $0 - $10 - $20 - $30 - $40 - $50 - $60 - $70 - $80 - $90 - $100 - $125 - $150 - $175 - $200 - $250 - $300 - $400 - $500 - >$100 $10 $20 $30 $40 $50 $60 $70 $80 $90 $100 $125 $150 $175 $200 $250 $300 $400 $500 $1000 0 • Pay More 1.6% 2.3% 1.6% 2.3% 1.6% 3.1% 0.8% 0.0% 0.0% 0.8% 4.7% 2.3% 1.6% 2.3% 0.8% 0.8% 3.9% 0.8% 1.6% 1.6% • Pay Less -1.6% -1.6% -2.3% -1.6% -1.6% -4.7% - 16.3% -3.9% -2.3% 0.0% -3.9% -2.3% -0.8% -2.3% -3.9% -5.4% -3.1% -2.3% -3.1% -3.1% NM a• -••• MN NM • • MI • MI r r- E- Industrial /Warehouse 100% Rates 20% 15% y 10% N J_ 5% 0% 1 116116 a -5% -10% -15% $0 - $10 - $20 - $30 - $40 - $50 - $60 - $70 - $80 - $90 - $100 - $125 - $150 - $175 - $200 - $250 - $300 - $400 - $500 - >$100 $10 $20 $30 $40 $50 $60 $70 $80 $90 $100 $125 $150 $175 $200 $250 $300 $400 $500 $1000 0 •Pay More 0.0% 0.0% 3.0% 3.0% 0.0% 3.0% 6.1% 6.1% 3.0% 3.0% 3.0% 3.0% 6.1% 0.0% 0.0% 0.0% 3.0% 3.0% 18.2% 0.0% •Pay Less 0.0% -3.0% -3.0% -3.0% -3.0% 0.0% 0.0% -6.1% 0.0% 0.0% 0.0% -3.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% -3.0% -12.1% it MI - - MO MB - MN MN - MS - - In - an • OM - i Industrial /Warehouse 75% Rates 15% 10% Ti; N J 5% 2 `o 2 d 0% 0 t L -5% a) a -10% -15% $0 - $10 - $20 - $30 - $40 - $50 - $60 - $70 - $80 - $90 - $100 - $125 - $150 - $175 - $200 - $250 - $300 - $400 - $500 - >$100 $10 $20 $30 $40 $50 $60 $70 $80 $90 $100 $125 $150 $175 $200 $250 $300 $400 $500 $1000 0 • Pay More 3.0% 6.1% 12.1% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 6.1% 0.0% 3.0% 3.0% 0.0% 6.1% 0.0% 3.0% 3.0% 0.0% • Pay Less -6.1% 0.0% 0.0% -6.1% -3.0% 0.0% 0.0% 0.0% -3.0% 0.0% -9.1% -3.0% -3.0% -3.0% 0.0% -3.0% 0.0% 0.0% -3.0% -12.1% OM - • - MN • I• - - - • • • • - i Industrial /Warehouse 50% Rates 10% 5% i co -J 0% - 14 Iii E c o G d -5% 0 c v -10% 5 o_ -15% ° 20 % $0 - $10 - $20 - $30 - $40 - $50 - $60 - $70 - $80 - $90 - $100 - $125 - $150 - $175 - $200 - $250 - $300 - $400 - $500 - >$100 $10 $20 $30 $40 $50 $60 $70 $80 $90 $100 $125 $150 $175 $200 $250 $300 $400 $500 $1000 0 • Pay More 3.0% 0.0% 6.1% 3.0% 0.0% 0.0% 0.0% 3.0% 0.0% 0.0% 0.0% 3.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% • Pay Less -3.0% 0.0% 0.0% -3.0% -3.0% -3.0% 0.0% -3.0% 0.0% -3.0% -9.1% -3.0% -3.0% -9.1% -3.0% -12.1% -3.0% -3.0% -3.0% -15.2% APPENDIX III N L ++ V L ++ N N N N N N N N Qo ~ O O LL r ti N N U N 2 c ~ 00 00 I~ ~ O O ~ ~ ~ ~ M M N N ~ ~ '++ O O I~ ~ ~ M ~ N O O M O ~ ~ ~ M ~ N ~ M ~ O M O M ~ ~ O O N ~ ~ O M ~ M ~ ~ ~ ~ ~ ~ .~ N N N N M M M ~ ~ ~ ~ ~ N C ~ ~ ~ ~ +~+ ~ (O ~ ~ M N ~ O O M ~ O ~ ~ M N ~ to L M ~ ~ ~ ~ O M O O ~ ~ ~ O M O O N ~ ~ ~ ~ M ~ ~ ~ N N N N M M M ~ ~ ~ ~ ~ ~ ~ ~ fA L ~ ~ (O (O I~ ~ 00 00 O O O ~ ~ ~ N N M M ~ ~ 00 O N ~ (O 00 O N ~ (O O ~ M ~ ~ ~ i ~ O N M ~ ~ (O 00 O O ~ N ~ N p p Q' ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N O U a ~ O O M ~ O ~ ~ M N ~ ~ y ao I~ O ~ ~ M N ~ O O O ~ N M ~ ~ O ~ ~ M ~ ~ O ~ M ~ ~ (O I~ M O O ~ N ~ (O 00 O ~ ~ ~ ~ ~+ '~ ~ ~ y ~ M O ao ~ M O ao ~ M O ao ~ M O ao M ~ ~ ~ I~ M M ~ O O ~ ~ M O ~ O O N ~ O O ~ ~ ~ ~ N N M ~ ~ ~ ~ c0 co I~ M M O O ~ ~ ~ ~ ~ ~ _ Q. ~ N *' O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ m ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M M O O ~# X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ M O I~ M ~ ~ O O O ~ (~ ~ ~ O O ~ O O O N ~ I~ O ~ ~ ~ ~ O ~ ~ ~ ~ M ~ O ~ O ~ ~ ~ N N N M M M ~ O O LL cC ~ 0 0 0 0 0 0 0 0 0 0 0 a~ O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ~ O O O O O O O O ~ O 00 O N 00 I~ ~ O CO ~ ~ N O ~ ~ ~ O ~ ~ N M ~ (O 00 O N ~ I~ O ~ ~ ~ O ~ ~ ~ ~ ~ N N N M M ~ ~ N m N L ++ V L ++ N N N N N N N N Q ~ O O LL r ti N N U N 2 c ~ O O O O M M ~ ~ O O ~ ~ ~ ~ M M N N ~++ O O N O O M O ~ ~ ~ M ~ N O O M O ~ ~ M (O O ~ ~ ~ O N ~ M O M O M ~ ~ ~ O '~ ~ ~ ~ O O O ~ ~ ~ ~ M M M M O O O O N C ~ ~ ~ ~ +~+ ~ O O M ~ O ~ ~ M N ~ O O M ~ O ~ ~ ~ to L 00 O M (O O N ~ 00 ~ ~ I~ O N ~ M O O O ~ ~ ~ O O O O ~ ~ ~ M M M M O O O _ _ _ L r r r L N O ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M M O ~ ~ ~ M ~ I~ O ~ M ~ ~ O ~ M ~ ~ O ~ M ~ ~ ~ ~ ~ (O I~ M O ~ N M ~ O ~ M O O N M ~ Q' ~ N N N N N M M M M M M M M M ~ ~ ~ ~ O U a ~ ~ O O M ~ O ~ ~ M N ~ O O M ~ O ~ ~ M y ao ao O O ~ N M ~ ~ (O I~ ~ 00 O O ~ N M ~ ~ ~ N M ~ (O I~ M O O ~ N M ~ ~ ~ M O O ~++ . N N N N N N N N N M M M M M M M M M ~ ~ ~ A '~ fa fC C O 00 ~ M O 00 ~ M O 00 ~ M O 00 ~ M O 00 LL y ~ O (O N 00 M O ~ ~ O N M ~ O ~ ~ ~ N ' 'p ~ N N M M ~ ~ ~ (O (O I~ ~ M M O O O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N ~ ~ _ Q. ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M m ~ r r r r r r r r r r r r r r r r r r ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ m ~ ~ ~ ~ ~ W ~ CO ~ ~ ~ N ~ O N ~ a1 ~ ~ ~ Ln r-I I~ (~ ~ Cfl ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O r-I N (~ ~ Ln Ln CO + + r-I r-I r-I r-I r-I r-I r-I r-I r-I r-I O O LL ~ O O O O O O O O O O O O O ~ O O O ~ ~ O O ~ O O O O 0 ~ ~ ~ ~ ~ 0 ~ -I ~ m r-I W CO ~ N r-I O ~ ~ ~ ~ Ln r I (~ O CO ~ ~ N m ~ Ln ~ Ln Ln CO I~ ti W ~ ~ ~ r -I r -I r -I r -I r -I -I r ~ ~ N N (6 N L ++ V L ++ N N N N N N N Q ~ O O LL r ti N N U N 2 ~ ~ ~ ~ O O O O M M ~ ~ O O ~ ~ ~ ~ M M ~ ~ 00 ~ ~ 00 ~ N O O M O ~ ~ ~ M ~ N ~ N ~ I~ O M ~ M ~ M O O N ~ ~ O N ~ M *' O O O ~ ~ ~ ~ N N N N M M M ~ ~ ~ ~ ~ r r r r r r r r r r r r r r r r r r N C ~ ~ ' i ~ N O ~ M O (O O 00 M ~ ~ ~ O I~ ~ O ~ M M O N O ~ N O ~ O ~ M O ~ M O O ~ O ~ L ~ ~ ~ ~ N N N M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. L r r r r r r r r r r r r r r r r r r L N O O O ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M ~ ~ I~ O N ~ O M O N ~ O M O N ~ O M O N ~ ~ ~ I~ M O O ~ M ~ ~ O ~ O O ~ N M ~ O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O O O U a ~ ~ N ~ O O M ~ O ~ ~ M N ~ O O M ~ O ~ ~ ~ ~ (O (O I~ M O O ~ N M ~ ~ ~ O ~ M O ~ ~ ~ N M ~ ~ (O I~ O O ~ N M ~ ~ O ~ M O ~ ~ A '~ ~ fC C ~ M O 00 ~ M O 00 ~ M O 00 ~ M O 00 ~ M LL y 00 ~ O ~ ~ I~ M M ~ O O ~ ~ M O ~ O O ~ 'p ~ N M M ~ ~ ~ ~ (O I~ ~ M M O O O ~ ~ ~ ~ N N N N N N N N N N N N N N N M M M ~ ~ _ Q. ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ m ~ ~ ~ N N N N N N N N N N N N N N N N ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X I~ Ln Ln ti N O ~ N ti ~ ~ CO r-I 00 I~ ~ ~ r-I ~ ~ ~ ~ I~ ti ti ti W ~ ~ r-I N ~ CO 00 r-I (~ CO ~ (~ I~ 00 ~ O rl N (~ ~ CO ti W ~ O N (~ ~ Ln ti W O r-I r-I N N N N N N N N N (~ (~ (~ (~ (~ (~ (~ O LL ~ ~ O O O O O O O O O O O O O O O O O O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 a ~ (~ W CO CO W (~ r-I O (~ 00 Ln Ln I~ N ~ W O Ln ~ ~ 00 I~ ti ti ti W ~ O r-I N ~ CO 00 r-I (~ CO O (~ I~ W ~ O r-I N (~ Ln CO I~ W ~ O N (~ ~ CO ti rl r-I r-I N N N N N N N N N (~ (~ (~ (~ (~ (~ c~ N (6 N L ++ V L ++ N N N N N N N Q ~ O O LL r ti N N U N 2 ~ ~ N N ~ ~ O O O O M M ~ ~ O O ~ ~ ~ ~ O O M O ~ ~ O ~ ~ ~ M ~ N O O M O ~ +' O M (O O ~ ~ ~ O N ~ ~ O M ~ M ~ ~ O ~ ~ ~ ~ O O O O ~ ~ ~ M M M M O O O ~ r r r r r r r r r r r r r r r r r r N C ~ ~ ' i ~ ~ N M ~ N 00 ~ ~ O ~ O (O M O ~ N O ~ ~ 00 ~ ~ M ~ N I~ ~ O O M O ~ M M ~ ~ ~ L (O (O (O I~ ~ ~ ~ M M M O O O O O O O ~ ~ ~ -a i ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N N N ~ ~ L N M O O O O ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ ~ ~ (O 00 ~ M ~ I~ O ~ M ~ ~ O ~ M ~ ~ O f*C ~ ~ M O ~ N M ~ ~ ~ M O O ~ M ~ ~ O ~ ~ ~ O O O ~ ~ ~ ~ ~ ~ ~ ~ M M M M M M M O U a ~ ~ ~ M N ~ O O M ~ O ~ ~ M N ~ O O M ~ y O ~ N M ~ ~ ~ O ~ M O O ~ N M M ~ ~ ~ ~ ~ N M ~ ~ (O I~ M O O ~ M ~ ~ O ~ M O ~~ ~N O O O O O O O O O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ A '~ ~ fC C O 00 ~ M O 00 ~ M O 00 ~ M O 00 ~ M O 00 LL y N I~ M O ~ O O N M M O ~ ~ O N M ~ O ' 'p N N M M ~ ~ ~ (O (O I~ ~ M O O O O ~ ~ ~ ~ M M M M M M M M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ 00 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O m ~ N N N N M M M M M M M M M M M M M M ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X rl (~ ti ~ (~ Ln ~ Cfl Cfl ti c-I 00 I~ ~ (~ ~ ~ O ~ ~ ~ ~ rl Ln ~ ~ ~ ~ ~ Ln r-I I~ ~ O ti ~ N ~ ti CO O rl N ~ Ln ti W O N (~ Ln ti W O N (~ Ln ti O LL ~ ~ O O O O O O O O O O O O O O O O O O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 a~ N N ~ W Ln ~ CO O ti ti W N ~ W O ~ O O ~ ~ I~ r-I Ln ~ ~ ~ ~ O Ln r-I I~ ~ O ti Ln N O W 00 O rl N ~ Ln ti ~ O N (~ Ln ti W O N ~ Ln (~ ~ ~ ~ ~ ~ ~ ~ Ln Ln Ln Ln Ln Ln CO CO CO CO V N (6 N L ++ V L N~ N ++ N N Q ~ O O LL r ti N U N 2 ~ ~ M M N N ~ ~ O ~ ~ 00 ~ N O O ~ O N ~ I~ O N ~ *' O O O O ~ ~ ~ ~ N N N N N N N C ~ ~ ' i ~ O ~ ~ I~ ~ O M M N O ~ O O N ~ L ~ ~ N N N N M ~ ~ -a N N N N N N N ~ f/I L I~ 00 00 O O O O ~ ~ ~ M ~ I~ O N ~ ~ ~ O O ~ N M ~ (O ~ ~ M O O O O O O O U a ~ ~ (O ~ ~ M N ~ O ~ (O I~ M O O ~ N ~ ~ O ~ N M ~ (O I~ ~~ ~N M M M M M M M ~ ~ A '~ ~ fC C ~ M O 00 ~ M O LL y ~ ~ I~ N M ~ O ~ 'p N M M ~ ~ ~ (O ~ to ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ I~ ~ M M O O O m ~ M M M M M M ~ ~# ~ ~ ~ ~ ~ ~ ~ f~ ~ ~ LL ~ O O O O O O O 0 0 0 0 0 0 0 a~ 0 ~ ~ CO ~ (~ N rl O O I~ ~ r-I (~ Ln ti ~ ~ ~ ti ti ti ti ti N (6 N L ++ V L ++ N N N N N N N Qo ~ O O LL r CO N N U N 2 c ~ 00 00 I~ ~ O O ~ ~ ~ ~ M M N N ~ ~ '++ O O I~ ~ ~ M ~ N O O M O ~ ~ ~ M ~ N ~ M ~ O M O M ~ ~ O O N ~ ~ O M ~ M ~ ~ ~ ~ ~ ~ .~ N N N N M M M ~ ~ ~ ~ ~ N C ~ ~ ~ ~ +~+ ~ O ~ ~ M N ~ O O M ~ O ~ ~ M N ~ to L M ~ ~ ~ I~ O M O O ~ ~ ~ O M O O N ~ ~ ~ ~ M ~ ~ ~ N N N N M M M ~ ~ ~ ~ ~ ~ ~ ~ fA L ~ ~ (O (O I~ ~ 00 00 O O O ~ ~ ~ N N M M ~ ~ 00 O N ~ (O 00 O N ~ (O O ~ M ~ ~ ~ i ~ O N M ~ ~ (O 00 O O ~ N ~ N p p Q' ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a '~ ~ ~ c li m co co co co co co co co co co co co co co co co co co y ~ c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ ~ ~ - ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ ~ ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M M O O m ~# X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ y cC O O O O O O O O O o0 N o0 O (O ~ ~ (O ~ a1 ~ M ~ ~ ~ ~ ~ ~ O ~ M O M ~ ~ ~ ~ ~ M ~ ~ N M ~ (O I~ O ~ ~ ~ ~ N N N M M M O O LL cC ° ° ° ° ° ° ° ° ° a~ 0 0 0 0 0 0 0 0 0 O o o o o o o o o f/1 O O O O O O O O O ~ O M O I~ ~ M N ~ ~ ~ O O ~ ~ M N M ~ ~ M O M ~ ~ ~ ~ ~ ~ N M ~ (O I~ O ~ ~ ~ ~ N N N M M m N L ++ V L ++ N N N N N N N N Q ~ O O LL r CO N N U N 2 c ~ O O O O M M ~ ~ O O ~ ~ ~ ~ M M N N ~++ O O N O O M O ~ ~ ~ M ~ N O O M O ~ ~ M (O O ~ ~ ~ O N ~ M O M O M ~ ~ ~ O '~ ~ ~ ~ O O O ~ ~ ~ ~ M M M M O O O O N C ~ ~ ~ ~ +~+ ~ O O M ~ O ~ ~ M N ~ O O M ~ O ~ ~ ~ to L 00 O M (O O N ~ 00 ~ ~ I~ O N ~ M O O O ~ ~ ~ O O O O ~ ~ ~ M M M M O O O _ _ _ L r r r L N O ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M M O ~ ~ ~ M ~ I~ O ~ M ~ ~ O ~ M ~ ~ O ~ M ~ ~ ~ ~ ~ (O I~ M O ~ N M ~ O ~ M O O N M ~ Q' ~ N N N N N M M M M M M M M M ~ ~ ~ ~ O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ A '~ fa fC C LL y CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO y _ c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M m ~ r r r r r r r r r r r r r r r r r r ~# ~ ~ ~ ~ ~ ~ X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ y cC M ~ ao M O O O M ao ~ M ~ Q1 ~ N (O O ~ O ~ O ~ O (O N 00 ~ ~ ~ ~ ~ M fC ~ ~ ~ ~ (O (O I~ ~ M M O O O ~ ~ N M M a~ O r r r r r r O LL ~ ~ 0 0 0 0 0 0 0 0 0 0 0 0 0 O O O O O 0 0 0 0 0 ~ ~ O O O O O O O O O O O O O ~ N M O O f/1 ~ ~ (O O ~ ~ O ~ ~ O O ~ ~ ~ 00 O ~ O ~ O ~ O 00 ~ ~ ~ ~ ~ N (O (O N O ~ ~ N M M ~ ~ ~ ~ (O (O I~ ~ M M O O N N (6 N L ++ V L ++ N N N N N N N N Q ~ O O LL r CO N N U N 2 ~ ~ ~ ~ O O O O M M ~ ~ O O ~ ~ ~ ~ M M ~ ~ 00 ~ ~ 00 ~ N O O M O ~ ~ ~ M ~ N ~ N ~ I~ O M ~ M ~ M O O N ~ ~ O N ~ M *' O O O ~ ~ ~ ~ N N N N M M M ~ ~ ~ ~ ~ r r r r r r r r r r r r r r r r r r N C ~ ~ ' i ~ N O ~ M O (O O 00 M ~ ~ ~ O I~ ~ O ~ M M O N O ~ N O ~ O ~ M O ~ M O O ~ O ~ L ~ ~ ~ ~ N N N M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. L r r r r r r r r r r r r r r r r r r L N O O O ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M ~ ~ I~ O N ~ O M O N ~ O M O N ~ O M O N ~ ~ ~ I~ M O O ~ M ~ ~ O ~ O O ~ N M ~ O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O O O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a '~ ~ ~ c li m co co co co co co co co co co co co co co co co co co y ~ c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ ~ ~_ o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n ~ O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ m ~ ~ ~ N N N N N N N N N N N N N N N N ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X ~ I~ ~ ~ ~ O O M M ~ ~ N O M O N ~ ~ ~ ~~ (O M ~ O I~ O ~ M N ~ O O O O O O O ~ ~ ~ ~ (O (O I~ M O O ~ N M ~ ~ ~ O M O O +, ~ ~ ~ ~ ~ ~ ~ N N N N N N N N N N M O O LL ~ ~ O O O O O O O O O O O O O O O O O O a 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ~ M N M O O M ~ ~ ~ ~ ~ M M O O O M M _ ~ ~ 00 (O M ~ O I~ O ~ M N ~ O O O O O O O M ~ ~ (O (O I~ M O O ~ N M ~ ~ ~ ~ M O ~ ~ ~ ~ ~ ~ ~ ~ N N N N N N N N N N c~ m N L ++ V L ++ N N N N N N N N Q ~ O O LL r CO N N U N 2 ~ ~ N N ~ ~ O O O O M M ~ ~ O O ~ ~ ~ ~ O O M O ~ ~ O ~ ~ ~ M ~ N O O M O ~ +' O M (O O ~ ~ ~ O N ~ ~ O M ~ M ~ ~ O ~ ~ ~ ~ O O O O ~ ~ ~ M M M M O O O ~ r r r r r r r r r r r r r r r r r r N C ~ ~ ' i ~ ~ N M ~ N 00 ~ ~ O ~ O (O M O ~ N O ~ ~ 00 ~ ~ M ~ N I~ ~ O O M O ~ M M ~ ~ ~ L (O (O (O I~ ~ ~ ~ M M M O O O O O O O ~ ~ ~ -a i ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N N N ~ ~ L N M O O O O ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ ~ ~ (O 00 ~ M ~ I~ O ~ M ~ ~ O ~ M ~ ~ O f*C ~ ~ M O ~ N M ~ ~ ~ M O O ~ M ~ ~ O ~ ~ ~ O O O ~ ~ ~ ~ ~ ~ ~ ~ M M M M M M M O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a '~ ~ ~ c li m co co co co co co co co co co co co co co co co co co y ~ c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ ~ ~_ o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n ~ 00 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O m ~ N N N N M M M M M M M M M M M M M M ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X N M ~ O (O ~ ~ (O O (O ~ ~ (O O ~ N N M ~ ~ ~~ N M ~ (O I~ O ~ M O M ~ ~ ~ O ~ M N O ~ ~ N M ~ ~ (O 00 O O ~ M ~ ~ I~ M O ~ N + + M M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O LL ~ ~ O O O O O O O O O O O O O O O O O O a 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ~ ~ M ~ O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O M M _ ~ ~ ~ N M ~ (O I~ O ~ M O M ~ ~ ~ ~ ~ M N O ~ N M ~ ~ (O 00 O O ~ M ~ ~ I~ M O ~ M M M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ v m N L ++ V L ++ N N N N N N N N Q ~ O O LL r C~ N N U N 2 ~ ~ M M N N ~ ~ O ~ ~ 00 ~ N O O ~ O N ~ I~ O N ~ *' O O O O ~ ~ ~ ~ N N N N N N N C ~ ~ ' i ~ O ~ ~ I~ ~ O M M N O ~ O O N ~ L ~ ~ N N N N M ~ ~ -a N N N N N N N ~ f/I L I~ 00 00 O O O O ~ ~ ~ M ~ I~ O N ~ ~ ~ O O ~ N M ~ (O ~ ~ M O O O O O O O U a . ~ ,~ c c c c c c c +, N ~ m ~ ~ a '~ ~ ~ c li m co co co co co co co y c c c c c c c ~ ~ ~ ~ _ ~ ~ ~ ~ o ~ o ~ o ~ o _ ~ ~ ~ ao ao ai ai o m ~ M M M M M M ~ ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X ~ r 00 I~ 00 ~ ~ f~ ~ ~ ~ ~ O ~ M ~ O ~ ~ O ~ O O O O LL ~ ~ O O O O O O O a 0 0 0 0 0 0 0 ~ ~ ~ N O M O N _ ~ (O O ~ O ~ O ~ N ~ ~ co ao O ~ ~ ~ ~ ~ ~ ~ O m N L ++ V L ++ N N N N N N N Q ~ O O LL r T N N U N 2 c ~ 00 00 I~ ~ O O ~ ~ ~ ~ M M N N ~ ~ '++ O O I~ ~ ~ M ~ N O O M O ~ ~ ~ M ~ N ~ M ~ O M O M ~ ~ O O N ~ ~ O M ~ M ~ ~ ~ ~ ~ ~ .~ N N N N M M M ~ ~ ~ ~ ~ N C ~ ~ ~ ~ +~+ ~ O ~ ~ M N ~ O O M ~ O ~ ~ M N ~ to L M ~ ~ ~ I~ O M O O ~ ~ ~ O M O O N ~ ~ ~ ~ M ~ ~ ~ N N N N M M M ~ ~ ~ ~ ~ ~ ~ ~ fA L ~ ~ (O (O I~ ~ 00 00 O O O ~ ~ ~ N N M M ~ ~ 00 O N ~ (O 00 O N ~ (O O ~ M ~ ~ ~ i ~ O N M ~ ~ (O 00 O O ~ N ~ N p p Q' ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a '~ ~ ~ c li m co co co co co co co co co co co co co co co co co co y ~ c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ ~ ~ - ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ ~ ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M M O O m ~# X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O ~ ~ ~ O O ~ O ~ O ~ ~~ O ~ ~ ~ O O ~ O ~ M ~ ~ O N ~ ~ ~ ~ ~ N M ~ ~ O M O ~ ~ ~ ~ N N N N O O LL cC ° ° ° ° ° ° ° ° a~ 0 0 0 0 0 0 0 0 0 0 O o o o o o o o cn 0 0 0 0 0 0 0 0 0 0 O ~ ~ ~ ~ ~ ~ ~ ~ ~ N 00 ~ ~ ~ I~ O ~ O ~ M ~ I~ O N ~ ~ ~ N M ~ ~ I~ M ~ ~ ~ ~ ~ N N N m N L ++ V L ++ N N N N N N N N Q ~ O O LL r T N N U N 2 c ~ O O O O M M ~ ~ O O ~ ~ ~ ~ M M N N ~++ O O N O O M O ~ ~ ~ M ~ N O O M O ~ ~ M (O O ~ ~ ~ O N ~ M O M O M ~ ~ ~ O '~ ~ ~ ~ O O O ~ ~ ~ ~ M M M M O O O O N C ~ ~ ~ ~ +~+ ~ O O M ~ O ~ ~ M N ~ O O M ~ O ~ ~ ~ to L 00 O M (O O N ~ 00 ~ ~ I~ O N ~ M O O O ~ ~ ~ O O O O ~ ~ ~ M M M M O O O _ _ _ L r r r L N O ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M M O ~ ~ ~ M ~ I~ O ~ M ~ ~ O ~ M ~ ~ O ~ M ~ ~ ~ ~ ~ (O I~ M O ~ N M ~ O ~ M O O N M ~ Q' ~ N N N N N M M M M M M M M M ~ ~ ~ ~ O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ A '~ fa fC C LL y CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO y _ c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M m ~ r r r r r r r r r r r r r r r r r r ~# ~ X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N y cC c0 c0 I~ O ~ O (O ~ ~ ~ ~ ~ (O N O O O Q1 ~ O M O O M O O ~ M N O ~ ~ O ~ O ~ O fC M M M M ~ ~ ~ ~ ~ (O (O I~ ~ M M M O O a~ O ~ O LL cC ~ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 a~ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (n 00 I~ ~ M O ~ O ~ ~ ~ ~ M N ~ M ~ O ~ ~ I~ O M O O M ~ O ~ M N O ~ ~ O ~ O ~ N M M M ~ ~ ~ ~ ~ ~ (O (O I~ ~ M M O O N N (6 N L ++ V L ++ N N N N N N N N Q ~ O O LL r T N N U N 2 ~ ~ ~ ~ O O O O M M ~ ~ O O ~ ~ ~ ~ M M ~ ~ 00 ~ ~ 00 ~ N O O M O ~ ~ ~ M ~ N ~ N ~ I~ O M ~ M ~ M O O N ~ ~ O N ~ M *' O O O ~ ~ ~ ~ N N N N M M M ~ ~ ~ ~ ~ r r r r r r r r r r r r r r r r r r N C ~ ~ ' i ~ N O ~ M O (O O 00 M ~ ~ ~ O I~ ~ O ~ M M O N O ~ N O ~ O ~ M O ~ M O O ~ O ~ L ~ ~ ~ ~ N N N M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. L r r r r r r r r r r r r r r r r r r L N O O O ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M ~ ~ I~ O N ~ O M O N ~ O M O N ~ O M O N ~ ~ ~ I~ M O O ~ M ~ ~ O ~ O O ~ N M ~ O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O O O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a '~ ~ ~ c li m co co co co co co co co co co co co co co co co co co y ~ c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ ~ ~_ o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n ~ O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ m ~ ~ ~ N N N N N N N N N N N N N N N N ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X (O ~ I~ ~ ~ ~ O O ~ O ~ O O ~ O ~ O ~ ~ ~ ~~ ~ ~ (O N 00 ~ O (O M O O M O ~ ~ N O ~ ~ O ~ ~ N N M ~ ~ ~ ~ (O I~ M M O O ~ ~ +, ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N O O LL ~ ~ O O O O O O O O O O O O O O O O O O a 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ~ M ~ N M ~ ~ ~ ~ O ~ O M ~ ~ M ~ ~ ~ _ ~ ~ O ~ ~ (O N 00 ~ O I~ M O O M O ~ ~ N O O O ~ ~ N N M ~ ~ ~ (O (O I~ M M O O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N c~ m N L ++ V L ++ N N N N N N N N Q ~ O O LL r rs~, N N U N 2 ~ ~ N N ~ ~ O O O O M M ~ ~ O O ~ ~ ~ ~ O O M O ~ ~ O ~ ~ ~ M ~ N O O M O ~ +' O M (O O ~ ~ ~ O N ~ ~ O M ~ M ~ ~ O ~ ~ ~ ~ O O O O ~ ~ ~ M M M M O O O ~ r r r r r r r r r r r r r r r r r r N C ~ ~ ' i ~ ~ N M ~ N 00 ~ ~ O ~ O (O M O ~ N O ~ ~ 00 ~ ~ M ~ N I~ ~ O O M O ~ M M ~ ~ ~ L (O (O (O I~ ~ ~ ~ M M M O O O O O O O ~ ~ ~ -a i ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N N N ~ ~ L N M O O O O ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ ~ ~ (O 00 ~ M ~ I~ O ~ M ~ ~ O ~ M ~ ~ O f*C ~ ~ M O ~ N M ~ ~ ~ M O O ~ M ~ ~ O ~ ~ ~ O O O ~ ~ ~ ~ ~ ~ ~ ~ M M M M M M M O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a '~ ~ ~ c li m co co co co co co co co co co co co co co co co co co y ~ c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ ~ ~_ o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n ~ 00 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O m ~ N N N N M M M M M M M M M M M M M M ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X (O (O I~ O ~ O O ~ ~ ~ ~ ~ O N O O O N ~ ~ ~~ ~ M ~ O M O ~ ~ M N ~ ~ O O O O O O ~ N M ~ ~ ~ (O I~ M O O ~ N M ~ ~ ~ ~ M + + N N N N N N N N N M M M M M M M M M O O LL ~ ~ O O O O O O O O O O O O O O O O O O a 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ~ M ~ ~ M O ~ O ~ ~ ~ ~ M N ~ M ~ O ~ _ ~ ~ I~ ~ M ~ O M ~ ~ ~ M N ~ ~ O O O O O ~ N M ~ ~ ~ (O I~ M O O ~ N M ~ ~ O ~ N N N N N N N N N N M M M M M M M M v m N L ++ V L ++ N N N N N N N N Q ~ O O LL r T N N U N 2 ~ ~ M M N N ~ ~ O ~ ~ 00 ~ N O O ~ O N ~ I~ O N ~ *' O O O O ~ ~ ~ ~ N N N N N N N C ~ ~ ' i ~ O ~ ~ I~ ~ O M M N O ~ O O N ~ L ~ ~ N N N N M ~ ~ -a N N N N N N N ~ f/I L I~ 00 00 O O O O ~ ~ ~ M ~ I~ O N ~ ~ ~ O O ~ N M ~ (O ~ ~ M O O O O O O O U a . ~ ,~ c c c c c c c +, N ~ m ~ ~ a '~ ~ ~ c li m co co co co co co co y c c c c c c c ~ ~ ~ ~ _ ~ ~ ~ ~ o ~ o ~ o ~ o _ ~ ~ ~ ao ao ai ai o m ~ M M M M M M ~ ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ r ~ ~ ~ ~ ~ ~~ O ~ ~ N M ~ O O M O ~ ~ ~ N ~ M ~ ~ ~ ~ O O O O LL ~ ~ O O O O O O O a 0 0 0 0 0 0 0 ~ M ~ N M ~ ~ ~ _ ~ ~ O O ~ ~ N M ~ 00 O O ~ N M ~ M M ~ ~ ~ ~ ~ m N L ++ V L ++ N N N N N N N N Q ~ O O LL r N N U N 2 c ~ 00 00 I~ ~ O O ~ ~ ~ ~ M M N N ~ ~ '++ O O I~ ~ ~ M ~ N O O M O ~ ~ ~ M ~ N ~ M ~ O M O M ~ ~ O O N ~ ~ O M ~ M ~ ~ ~ ~ ~ ~ .~ N N N N M M M ~ ~ ~ ~ ~ N C ~ ~ ~ ~ +~+ ~ O ~ ~ M N ~ O O M ~ O ~ ~ M N ~ to L M ~ ~ ~ I~ O M O O ~ ~ ~ O M O O N ~ ~ ~ ~ M ~ ~ ~ N N N N M M M ~ ~ ~ ~ ~ ~ ~ ~ fA L ~ ~ (O (O I~ ~ 00 00 O O O ~ ~ ~ N N M M ~ ~ 00 O N ~ (O 00 O N ~ (O O ~ M ~ ~ ~ i ~ O N M ~ ~ (O 00 O O ~ N ~ N p p Q' ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a '~ ~ ~ c li m co co co co co co co co co co co co co co co co co co y ~ c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ ~ ~ - ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ ~ ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M M O O m ~# X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O O O O O O O N M ~ ~ O O O ~~ ~ M M 00 ~ M N N M ~ 00 ~ ~ ~ N M ~ ~ c0 I~ M ~ ~ ~ ~ ~ ~ N O O LL cC ° ° ° ° ° ° a ~ o 0 0 0 0 0 0 0 0 O o o o o o f/1 O O O O O O O O O O O O M O ~ N ~ O ~ ~ O ~ O O ~ M M ~ O O O ~ M ~ ~ O ~ ~ N M ~ ~ (O I~ M ~ ~ ~ ~ ~ ~ m N L ++ V L ++ ++ N N N N N N N N Q ~ O O LL r N N U N 2 c ~ O O O O M M ~ ~ O O ~ ~ ~ ~ M M N N ~++ O O N O O M O ~ ~ ~ M ~ N O O M O ~ ~ M (O O ~ ~ ~ O N ~ M O M O M ~ ~ ~ O '~ ~ ~ ~ O O O ~ ~ ~ ~ M M M M O O O O N C ~ ~ ~ ~ +~+ ~ O O M ~ O ~ ~ M N ~ O O M ~ O ~ ~ ~ to L 00 O M (O O N ~ 00 ~ ~ I~ O N ~ M O O O ~ ~ ~ O O O O ~ ~ ~ M M M M O O O _ _ _ L r r r L N O ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M M O ~ ~ ~ M ~ I~ O ~ M ~ ~ O ~ M ~ ~ O ~ M ~ ~ ~ ~ ~ (O I~ M O ~ N M ~ O ~ M O O N M ~ Q' ~ N N N N N M M M M M M M M M ~ ~ ~ ~ O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ A '~ fa fC C LL y CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO y _ c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M m ~ r r r r r r r r r r r r r r r r r r ~# X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ y cC ~ ~ I~ N o0 ~ N ~ ~ N ~ ~ ~ ~ M O o0 00 Q1 ~ M ~ ~ O N ~ M ~ ~ ~ O M ~ O ~ M ~ ~ ~ N N N M M M M ~ ~ ~ ~ ~ ~ O O O ~ ~ O O LL cC ~ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 a ~ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 _ (n ~ N ~ 00 M O ~ M N N M ~ M N M ~ ~ O ~ M ~ I~ O N ~ M ~ ~ ~ O M ~ O ~ M ~ N N N N M M M M ~ ~ ~ ~ ~ ~ (O (O (O I~ N N (6 N L ++ V L ++ N N N N N N N N Q ~ O O LL r N N U N 2 ~ ~ ~ ~ O O O O M M ~ ~ O O ~ ~ ~ ~ M M ~ ~ 00 ~ ~ 00 ~ N O O M O ~ ~ ~ M ~ N ~ N ~ I~ O M ~ M ~ M O O N ~ ~ O N ~ M *' O O O ~ ~ ~ ~ N N N N M M M ~ ~ ~ ~ ~ r r r r r r r r r r r r r r r r r r N C ~ ~ ' i ~ N O ~ M O (O O 00 M ~ ~ ~ O I~ ~ O ~ M M O N O ~ N O ~ O ~ M O ~ M O O ~ O ~ L ~ ~ ~ ~ N N N M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. L r r r r r r r r r r r r r r r r r r L N O O O ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M ~ ~ I~ O N ~ O M O N ~ O M O N ~ O M O N ~ ~ ~ I~ M O O ~ M ~ ~ O ~ O O ~ N M ~ O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O O O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a '~ ~ ~ c li m co co co co co co co co co co co co co co co co co co y ~ c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ ~ ~_ o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n ~ O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ m ~ ~ ~ N N N N N N N N N N N N N N N N ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X ~ ~ ~ ~ ~ (~ M ~ O O O N ~ O ~ ~ 00 O y cC ao O N (O O ~~ O ~ M N ~ ~ O ~ ~ O O ~ O ~ ~ M M ~ ~ ~ M M O O O O ~ ~ N N M M ~ ~ ~ ~ (O a~ O r r r r r r r r r r r r r O LL ~ ~ O O O O O O O O O O O O O O O O O O 0 0 0 0 0 0 0 0 0 0 0 0 ~ ~ ~ ~ N O O ~ M (O O ~ N O ~ (~ ~ (~ ~ O ~ O N ~ M M ~ O ~ M N ~ O O ~ ~ N N M M ~ ~ ~ ~ ~ ~ M M O O c~ m N L ++ V L ++ N N N N N N N N Q ~ O O LL r N N U N 2 ~ ~ N N ~ ~ O O O O M M ~ ~ O O ~ ~ ~ ~ O O M O ~ ~ O ~ ~ ~ M ~ N O O M O ~ +' O M (O O ~ ~ ~ O N ~ ~ O M ~ M ~ ~ O ~ ~ ~ ~ O O O O ~ ~ ~ M M M M O O O ~ r r r r r r r r r r r r r r r r r r N C ~ ~ ' i ~ ~ N M ~ N 00 ~ ~ O ~ O (O M O ~ N O ~ ~ 00 ~ ~ M ~ N I~ ~ O O M O ~ M M ~ ~ ~ L (O (O (O I~ ~ ~ ~ M M M O O O O O O O ~ ~ ~ -a i ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N N N ~ ~ L N M O O O O ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ ~ ~ (O 00 ~ M ~ I~ O ~ M ~ ~ O ~ M ~ ~ O f*C ~ ~ M O ~ N M ~ ~ ~ M O O ~ M ~ ~ O ~ ~ ~ O O O ~ ~ ~ ~ ~ ~ ~ ~ M M M M M M M O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a '~ ~ ~ c li m co co co co co co co co co co co co co co co co co co y ~ c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ ~ ~_ o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n ~ 00 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O m ~ N N N N M M M M M M M M M M M M M M ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X (O (O I~ O M M ~ O M ~ ~ M O N ~ N M ~ ~ ~ ~~ O (O N O ~ ~ M ~ ~ M ~ N O ~ ~ N O ~ ~ I~ ~ M M O O O ~ N N M ~ ~ ~ O ~ ~ M +, ~ ~ ~ ~ ~ N N N N N N N N N N N N N O O LL ~ ~ O O O O O O O O O O O O O O O O O O 0 0 0 0 0 0 0 0 0 O 0 0 0 0 0 0 0 0 a ~ ~ ~ ~ M ~ ~ O ~ ~ O M M O O M M M O _ ~ ~ ~ O c0 N O ~ ~ M ~ ~ 00 ~ N O I~ ~ N O (O I~ ~ M M O O O ~ ~ ~ ~ ~ ~ ~ N N N N N N N N N N N N v m N L ++ V L ++ N N N N N N N N Q ~ O O LL r N N U N 2 ~ ~ M M N N ~ ~ O ~ ~ 00 ~ N O O ~ O N ~ I~ O N ~ *' O O O O ~ ~ ~ ~ N N N N N N N C ~ ~ ' i ~ O ~ ~ I~ ~ O M M N O ~ O O N ~ L ~ ~ N N N N M ~ ~ -a N N N N N N N ~ f/I L I~ 00 00 O O O O ~ ~ ~ M ~ I~ O N ~ ~ ~ O O ~ N M ~ (O ~ ~ M O O O O O O O U a . ~ ,~ c c c c c c c +, N ~ m ~ ~ a '~ ~ ~ c li m co co co co co co co y c c c c c c c ~ ~ ~ ~ _ ~ ~ ~ ~ o ~ o ~ o ~ o _ ~ ~ ~ ao ao ai ai o m ~ M M M M M M ~ ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X M N M ~ ~ O O ~ ~ ~ M ~ O I~ O ~ O N O M ~ M ~ M N M M M ~ O O O O LL ~ ~ O O O O O O O a 0 0 0 0 0 0 0 ~ O ~ M ~ ~ M ~ _ ~ ~ I~ ~ M ~ O ~ O 00 O O ~ ~ N M N N M M M M M m N L ++ V L ++ N N N N N N N N Q ~ O O LL r M N N U N 2 c ~ 00 00 I~ ~ O O ~ ~ ~ ~ M M N N ~ ~ '++ O O I~ ~ ~ M ~ N O O M O ~ ~ ~ M ~ N ~ M ~ O M O M ~ ~ O O N ~ ~ O M ~ M ~ ~ ~ ~ ~ ~ .~ N N N N M M M ~ ~ ~ ~ ~ N C ~ ~ ~ ~ +~+ ~ O ~ ~ M N ~ O O M ~ O ~ ~ M N ~ to L M ~ ~ ~ I~ O M O O ~ ~ ~ O M O O N ~ ~ ~ ~ M ~ ~ ~ N N N N M M M ~ ~ ~ ~ ~ ~ ~ ~ fA L ~ ~ (O (O I~ ~ 00 00 O O O ~ ~ ~ N N M M ~ ~ 00 O N ~ (O 00 O N ~ (O O ~ M ~ ~ ~ i ~ O N M ~ ~ (O 00 O O ~ N ~ N p p Q' ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a '~ ~ ~ c li m co co co co co co co co co co co co co co co co co co y ~ c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ ~ ~ - ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ ~ ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M M O O m ~# X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O M M M O ~ ~ M I~ ~ ~ ~ ~ ~ M ~ ~ M M ~ ~ O ~ N N M ~ ~ O ~ M O ~ ~ ~ ~ ~ O O LL cC ° ° ° ° ° a ~ 0 0 0 o 0 0 0 0 0 0 0 0 0 O o o o o ~ 0 0 0 0 0 0 0 0 0 0 ~ ~ ~ ~ N co N O O ~ ~ ~ O M 0 ~ N ~ O ~ ~ N N M ~ ~ c0 I~ M ~ ~ ~ ~ ~ m N L ++ V L ++ ++ N N N N N N N N Q ~ O O LL r M N N U N 2 c ~ O O O O M M ~ ~ O O ~ ~ ~ ~ M M N N ~++ O O N O O M O ~ ~ ~ M ~ N O O M O ~ ~ M (O O ~ ~ ~ O N ~ M O M O M ~ ~ ~ O '~ ~ ~ ~ O O O ~ ~ ~ ~ M M M M O O O O N C ~ ~ ~ ~ +~+ ~ O O M ~ O ~ ~ M N ~ O O M ~ O ~ ~ ~ to L 00 O M (O O N ~ 00 ~ ~ I~ O N ~ M O O O ~ ~ ~ O O O O ~ ~ ~ M M M M O O O _ _ _ L r r r L N O ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M M O ~ ~ ~ M ~ I~ O ~ M ~ ~ O ~ M ~ ~ O ~ M ~ ~ ~ ~ ~ (O I~ M O ~ N M ~ O ~ M O O N M ~ Q' ~ N N N N N M M M M M M M M M ~ ~ ~ ~ O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ A '~ fa fC C LL y CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO y _ c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M m ~ r r r r r r r r r r r r r r r r r r ~# X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ y cC ~ ~ ~ ~ I~ O M 00 M O ~ ~ M M ~ ~ 00 ~ Q1 ~ O ~ M ~ ~ O N ~ ~ O N ~ M ~ ~ ~ O ~ ~ ~ N N N N M M M M M ~ ~ ~ ~ ~ ~ O O O O LL cC ~ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 a~ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 v~ ao co co co co ao ~ ~ rn ~ o ao co ~ ~ ~ co rn ~ I~ ~ ~ M ~ ~ O N ~ ~ O N ~ M ~ ~ ~ O ~ ~ N N N N M M M M ~ ~ ~ ~ ~ ~ ~ (O N N (6 N L ++ V L ++ N N N N N N N N Qo ~ O O LL r M N N U N 2 ~ ~ ~ ~ O O O O M M ~ ~ O O ~ ~ ~ ~ M M ~ ~ 00 ~ ~ 00 ~ N O O M O ~ ~ ~ M ~ N ~ N ~ I~ O M ~ M ~ M O O N ~ ~ O N ~ M *' O O O ~ ~ ~ ~ N N N N M M M ~ ~ ~ ~ ~ r r r r r r r r r r r r r r r r r r N C ~ ~ ' i ~ N O ~ M O (O O 00 M ~ ~ ~ O I~ ~ O ~ M M O N O ~ N O ~ O ~ M O ~ M O O ~ O ~ L ~ ~ ~ ~ N N N M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. L r r r r r r r r r r r r r r r r r r L N O O O ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M ~ ~ I~ O N ~ O M O N ~ O M O N ~ O M O N ~ ~ ~ I~ M O O ~ M ~ ~ O ~ O O ~ N M ~ O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O O O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a '~ ~ ~ c li m co co co co co co co co co co co co co co co co co co y ~ c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ ~ ~_ o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n ~ O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ m ~ ~ ~ N N N N N N N N N N N N N N N N ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ X ~ ~ ~ ~ ~ ~ ~ ~ ~ M ~ ~ ~ ~ 00 ~ ~ M y cC ~ ~ I~ M ~ O O O ~ Q1 ~ I~ ~ ~ M N O O ~ M N O ~ ~ O ~ O ~ O ~ O ~ ~ ~ M M M O O O O ~ ~ N N N M M a~ O r r r r r r r r r O LL ~ ~ O O O O O O O O O O O O O O O O O O 0 0 0 0 0 0 0 0 ~ ~ ~ pp N (O N O O ~ (n N co N ao ~ N ~ O ~ N ~ I~ ~ M C O M N O ~ ~ O ~ O ~ ~ V O ~ O O ~ ~ N N N M O O ~ ~ ~ M M O O O c~ m N L ++ V L ++ N N N N N N N N Q ~ O O LL r M N N U N 2 ~ ~ N N ~ ~ O O O O M M ~ ~ O O ~ ~ ~ ~ O O M O ~ ~ O ~ ~ ~ M ~ N O O M O ~ +' O M (O O ~ ~ ~ O N ~ ~ O M ~ M ~ ~ O ~ ~ ~ ~ O O O O ~ ~ ~ M M M M O O O ~ r r r r r r r r r r r r r r r r r r N C ~ ~ ' i ~ ~ N M ~ N 00 ~ ~ O ~ O (O M O ~ N O ~ ~ 00 ~ ~ M ~ N I~ ~ O O M O ~ M M ~ ~ ~ L (O (O (O I~ ~ ~ ~ M M M O O O O O O O ~ ~ ~ -a i ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N N N ~ ~ L N M O O O O ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ ~ ~ (O 00 ~ M ~ I~ O ~ M ~ ~ O ~ M ~ ~ O f*C ~ ~ M O ~ N M ~ ~ ~ M O O ~ M ~ ~ O ~ ~ ~ O O O ~ ~ ~ ~ ~ ~ ~ ~ M M M M M M M O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a '~ ~ ~ c li m co co co co co co co co co co co co co co co co co co y ~ c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ ~ ~_ o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n ~ 00 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O m ~ N N N N M M M M M M M M M M M M M M ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X M ~ I~ O M M M O ~ ~ ~ ~ ~ ~ O M M M ~ ~ ~~ ~ O ~ O ~ O O N ~ M O ~ ~ ~ ~ O O M ~ ~ ~ ~ ~ (O I~ ~ M M O O O ~ ~ N M M ~ +, ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N N N N N O O LL ~ ~ O O O O O O O O O O O O O O O O O O a 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ~ ~ ~ co 00 0 ~ rn ~ ~ oo co co co co 00 ~ ~ rn _ ~ ~ O ~ O ~ O ~ O O N ~ M O ~ ~ ~ ~ O O M ~ ~ ~ (O (O I~ ~ M M O O O ~ ~ N M M ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N N N N v m N L ++ V L ++ N N N N N N N N Q ~o O LL r M N N U N 2 ~ ~ M M N N ~ ~ O ~ ~ 00 ~ N O O ~ O N ~ I~ O N ~ *' O O O O ~ ~ ~ ~ N N N N N N N C ~ ~ ' i ~ O ~ ~ I~ ~ O M M N O ~ O O N ~ L ~ ~ N N N N M ~ ~ -a N N N N N N N ~ f/I L I~ 00 00 O O O O ~ ~ ~ M ~ I~ O N ~ ~ ~ O O ~ N M ~ (O ~ ~ M O O O O O O O U a . ~ ,~ c c c c c c c +, N ~ m ~ ~ a '~ ~ ~ c li m co co co co co co co y c c c c c c c ~ ~ ~ ~ _ ~ ~ ~ ~ o ~ o ~ o ~ o _ ~ ~ ~ ao ao ai ai o m ~ M M M M M M ~ ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X O ~ ~ M M ~ O ~ ~ ~ (O M O I~ ~ ~ ~ N N N N N N O O O O O LL ~ ~ O O O O O O O a 0 0 0 0 0 0 0 ~ ~ o 0o co ~ ~ ~ ~ ~ ri o co ri o ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N N N N N m N L ++ V L ++ ~ ~ N N N N N N ~ +, U a~~ ~ o ~ LL ti 2 c ~ O N ~ co ao O N ~ co ao O N ~ co ao ~++ ~ O M ~ ~ ~ ~ ~ N N N N N M M M M M ~ ~ ~ ~ O N ~ O M O N ~ O M O N ~ O M '+, ~ ~ ~ ~ ~ N N N N N M M M M M N C ~ ~ ~ ~ +~+ ~ O N ~ co ao O N ~ co ao O N ~ co ao to L ~ O M ~ M ~ ~ O N ~ O M O M ~ ~ O ~ ~ ~ ~ O M ~ ~ ~ ~ ~ N N N N M M M M M ~ ~ ~ (n L O ~ ~ M M O O O ~ ~ ~ N N M M ~ ~ ~ ~ O M ~ O ~ ~ M N N ~ ~ 00 I~ O ~ ~ M N ~ O O O ~ N M ~ ~ (O I~ ~ N M ~ ~ (O I~ M O O ~ ~ r r r r r r r r O U a cC y ~ O M O N ~ O M O N ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ (O ~ N ~ O I~ ~ M N O M O ~ N M M ~ ~ ' ~ N M ~ ~ ~ (O I~ M O O ~ N r r r r r r r ~ ~ A '~ ~ ~ ~ ~ ~ O O N ~ M ~ ~ ~ O M O O N ~ M ~ ~ ~ N I~ ~ ~ O ~ M M ~ ~ ~ O ~ M M ~ ~ ~ ~ M ~ ~ N N M M M ~ ~ ~ ~ O O O ~ ~ M ~ ~ ~ ~ ~ N *' O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M M O O m ~# X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ M O I~ M ~ ~ O O O ~ (~ ~ ~ O O ~ O O O N ~ I~ O ~ ~ ~ ~ O ~ ~ ~ ~ M ~ O ~ O ~ ~ ~ N N N M M M ~ O O LL cC ~ O O O O O O O O O O O a~ O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ~ O O O O O O O O ~ O 00 O N 00 I~ ~ O CO ~ ~ N O ~ ~ ~ O ~ ~ N M ~ (O 00 O N ~ I~ O ~ ~ ~ O ~ ~ ~ ~ ~ N N N M M ~ ~ O r N CO d N L ++ V L ++ N ~ ti N N N N N N ~ +, U a~~ ~ o ~ LL ti 2 c ~ O N ~ co ao O N ~ co ao O N ~ co ao O N ~ '~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O ~ ~ ~ ~ O N ~ co ao O N ~ co ao O N ~ co ao O N ~ '~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O ~ ~ ~ N C ~ ~ ~ ~ +~+ ~ O N ~ co ao O N ~ co ao O N ~ co ao O N ~ to L ~ O M O N ~ ~ O ~ M O M O N ~ ~ O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O ~ ~ ~ ~ ~ M ~ ~ L ~ O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M O ~ ~ ~ O O M ~ O ~ ~ M N ~ O O M ~ O ~ ~ ~ ~ 00 O O O ~ N M ~ ~ (O I~ M M O O ~ N M Q' ~ ~ ~ ~ N N N N N N N N N N N M M M M O U a ~ ~ O N ~ co ao O N ~ co ao O N ~ co ao O N ~ ~ ~ N O 00 (O ~ M ~ O I~ O ~ N O M ~ ~ M ~ ~ (O I~ M M O O ~ N N M ~ ~ O ~ ~ M O O ~+, ' N ~ ~ ~ ~ ~ N N N N N N N N N N N N M ~ ~ ~+ '~ ~ fC C N ~ 00 ~ ~ I~ O M O O N ~ M ~ LL ~ M I~ ~ O O ~ O M ~ ~ O O ~ O 'a (~ O ~ 00 O O ~ ~ N N N M M ~ ~ ~ ~ ~ ~ M O O O .. .. .. .. .. .. .. .. .. .. .. .. .. .. ~ ~ r r r r r r r r r r r r r r ~ ~ ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M m ~ r r r r r r r r r r r r r r r r r r ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ m ~ ~ ~ ~ ~ W ~ CO ~ ~ ~ N ~ O N ~ a1 ~ ~ ~ Ln r-I I~ (~ ~ Cfl ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O r-I N (~ ~ Ln Ln CO + + r-I r-I r-I r-I r-I r-I r-I r-I r-I r-I O O LL ~ O O O O O O O O O O O O O ~ O O O ~ ~ O O ~ O O O O 0 ~ ~ ~ ~ ~ 0 ~ -I ~ m r-I W CO ~ N r-I O ~ ~ ~ ~ Ln r I (~ O CO ~ ~ N m ~ Ln ~ Ln Ln CO I~ ti W ~ ~ ~ r -I r -I r -I r -I r -I -I r ~ ~ O N N CO d N L ++ V L ++ ~ ti N N N N N N ~ N+,U a~~ ~ o ~ LL f~ 2 c ~ (O 00 O N ~ (O 00 O N ~ (O pp O N ~ (O 00 O • O O O O O ~ ~ ~ ~ M M M M M O O O O O ~ M ~ I~ O ~ ~ (O 00 O N ~ (O 00 O N ~ (O 00 *' ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O r O r O r O r O r ~ r N C ~ ~ +~+ ~ (O 00 O N ~ (O 00 O N ~ ~ M (O ~ 00 ~ O O N N ~ ~ (O O 00 M O ~ to L M ~ 00 O N ~ (O O O O O O ~ ~ ~ ~ ~ N ~ ~ M M M O O O O O _ _ _ _ _ _ _ _ _ _ L r r r r r r r r r r L ~ O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M ~ ~ M M N ~ O O M ~ O ~ ~ M N ~ O O M ~ ~ ~ ~ ~ (O I~ M M O O ~ N M ~ ~ O ~ ~ M O Q' ~ M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O U a ~ ~ (O 00 O N ~ (O 00 O N ~ (O 00 O N ~ (O 00 O y ~ O M O ~ N O O ~ ~ M ~ O M O ~ N ~ ~ ~ ~ ~ N M ~ ~ (O (O I~ M O O ~ ~ N M ~ ~ •++ • N M M M M M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ A '~ ~ fC C ~ I~ O M O O N ~ M ~ ~ ~ O M O O N ~ LL y M I~ N O O ~ O M ~ N O O ~ O M ~ N O ' 'p (O (O I~ ~ M M M O O O O ~ ~ ~ N N M M ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N N N N N N N ~ ~ _ Q. ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ m ~ ~ ~ N N N N N N N N N N N N N N N N ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X I~ Ln Ln ti N O ~ N ti ~ ~ CO r-I 00 I~ ~ ~ r-I ~ ~ ~ ~ I~ ti ti ti W ~ ~ r-I N ~ CO 00 r-I (~ CO ~ (~ I~ 00 ~ O rl N (~ ~ CO ti W ~ O N (~ ~ Ln ti W O r-I r-I N N N N N N N N N (~ (~ (~ (~ (~ (~ (~ O LL ~ ~ O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O a ~ (~ W CO CO W (~ r-I O (~ 00 Ln Ln I~ N ~ W O Ln ~ ~ 00 I~ ti ti ti W ~ O r-I N ~ CO 00 r-I (~ CO O (~ I~ W ~ O r-I N (~ Ln CO I~ W ~ O N (~ ~ CO ti rl r-I r-I N N N N N N N N N (~ (~ (~ (~ (~ (~ O M N CO d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ti 2 ~ ~ N ~ co ao O N ~ co ao O N ~ co ao O N ~ co ~ ~ ~ ~ N N N N N M M M M M ~ ~ ~ ~ +' M ~ I~ O ~ M ~ ~ O ~ M ~ ~ O ~ M ~ ~ *' ~ ~ ~ ~ N N N N N M M M M M ~ ~ ~ ~ ~ r r r r r r r r r r r r r r r r r r N C ~ ~ ' ~ ~ N M ~ ~ co I~ ao O O N N ~ ~ O co M ao O O M N ~ ~ ~ co O ao ~ O ~ N O ~ M co O ~ L N N N N M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ (O ~ ~ .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. L r r r r r r r r r r r r r r r r r r L ~ 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ ~ (O ~ ~ ~ M N ~ O O M ~ O ~ ~ M N ~ O ~ ~ O ~ N M ~ ~ (O I~ ~ M O O ~ N M ~ ~ O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O O O O U a ~ ~ N ~ co ao O N ~ co ao O N ~ co ao O N ~ co y O ~ ~ M N O M O ~ M ~ O ~ ~ ~ N O M ~ ~ ~ (O I~ M O O O ~ N M ~ ~ ~ O ~ M O O ~ ~ A '~ ~ fC C 00 ~ ~ I~ O M O O N ~ M ~ ~ ~ O M O O LL y O ~ O M 00 N (O O ~ O M 00 N (O ~ ~ O M ~ 'p ~ ~ ~ ~ ~ (O (O I~ ~ ~ M M O O O O O ~ ~ ~ ~ N N N N N N N N N N N N N N M M M M ~ ~ _ Q. ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ 00 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O m ~ N N N N M M M M M M M M M M M M M M ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X rl (~ ti ~ (~ Ln ~ Cfl Cfl ti c-I 00 I~ ~ (~ ~ ~ O ~ ~ ~ ~ rl Ln ~ ~ ~ ~ ~ Ln r-I I~ ~ O ti ~ N ~ ti CO O rl N ~ Ln ti W O N (~ Ln ti W O N (~ Ln ti O LL ~ ~ O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O a~ N N ~ W Ln ~ CO O ti ti W N ~ W O ~ O O ~ ~ I~ r-I Ln ~ ~ ~ ~ O Ln r-I I~ ~ O ti Ln N O W 00 O rl N ~ Ln ti ~ O N (~ Ln ti W O N ~ Ln (~ ~ ~ ~ ~ ~ ~ ~ Ln Ln Ln Ln Ln Ln CO CO CO CO O N CO d N L ++ V L ~ ~ N ++ N ~ N ~ ~ ~ N+,U a~~ ~ o ~ LL ti 2 ~ ~ 00 O N ~ (O 00 O ~ ~ ~ ~ ~ ~ O }' O ~ M ~ ~ O ~ ~ ~ ~ ~ ~ ~ O ~ r r r r r r r N C ~ ~ ' i ~ M O N ~ O M O ~ L (O (O (O (O I~ ~ ~ ~ ~ _ L r r r r r r r fA L I~ 00 00 O O O O ~ ~ O M ~ O ~ ~ ~ ~ ~ (O I~ M O O ~ N Q' ~ (fl O O O ~ ~ ~ O U a ~ ~ 00 O N ~ (O 00 O ~ (O ~ M ~ O I~ O ~ ~ O ~ N M M ~ ~ ~~ ~N O O O O O O O ~ ~ A '~ ~ fC C N ~ 00 ~ ~ I~ O LL y 00 N co ~ ~ O ~ ~ 'p ~ N N M M M ~ ~ ~ M M M M M M M ~ ~ ~ I~ ~ M M O O O m ~ M M M M M M ~ ~# ~ ~ ~ ~ ~ ~ ~ f~ ~ ~ LL ~ O O O O O O O 0 0 0 0 0 0 0 a~ 0 ~ ~ CO ~ (~ N rl O O I~ ~ r-I (~ Ln ti ~ ~ ~ ti ti ti ti ti O N CO d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ti 2 c ~ O N ~ co ao O N ~ co ao O N ~ co ao ~++ ~ O M ~ ~ ~ ~ ~ N N N N N M M M M M ~ ~ ~ ~ O N ~ O M O N ~ O M O N ~ O M '+, ~ ~ ~ ~ ~ N N N N N M M M M M N C ~ ~ ~ ~ +~+ ~ O N ~ co ao O N ~ co ao O N ~ co ao to L ~ O M ~ M ~ ~ O N ~ O M O M ~ ~ O ~ ~ ~ ~ O M ~ ~ ~ ~ ~ N N N N M M M M M ~ ~ ~ (n L O ~ ~ M M O O O ~ ~ ~ N N M M ~ ~ ~ ~ O M ~ O ~ ~ M N N ~ ~ 00 I~ O ~ ~ M N ~ O O O ~ N M ~ ~ (O I~ ~ N M ~ ~ (O I~ M O O ~ ~ r r r r r r r r O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a •~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ y ' c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ in ~ ~ - ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ ~ ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M M O O m ~# X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ y cC O O O O O O O O O o0 N o0 O (O ~ ~ (O ~ a1 ~ M ~ ~ ~ ~ ~ ~ O ~ M O M ~ ~ ~ ~ ~ M ~ ~ N M ~ (O I~ O ~ ~ ~ ~ N N N M M M O O LL cC a ~ O O O O O O O O O O O O O O O O O O f/1 O O O O O O O O O ~ O M O I~ ~ M N ~ ~ ~ O O ~ ~ M N M ~ ~ M O M ~ ~ ~ ~ ~ ~ N M ~ (O I~ O ~ ~ ~ ~ N N N M M 0 a~ c~ d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ti 2 c ~ O N ~ co ao O N ~ co ao O N ~ co ao O N ~ '~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O ~ ~ ~ ~ O N ~ co ao O N ~ co ao O N ~ co ao O N ~ '~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O ~ ~ ~ N C ~ ~ ~ ~ +~+ ~ O N ~ co ao O N ~ co ao O N ~ co ao O N ~ to L ~ O M O N ~ ~ O ~ M O M O N ~ ~ O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O ~ ~ ~ ~ ~ M ~ ~ L ~ O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M O ~ ~ ~ O O M ~ O ~ ~ M N ~ O O M ~ O ~ ~ ~ ~ 00 O O O ~ N M ~ ~ (O I~ M M O O ~ N M Q' ~ ~ ~ ~ N N N N N N N N N N N M M M M O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ ~+ '~ ~ cC C LL y CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO y c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ Q. ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M m ~ r r r r r r r r r r r r r r r r r r ~# ~ ~ ~ ~ ~ ~ X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ y cC M ~ ao M O O O M ao ~ M ~ Q1 ~ N (O O ~ O ~ O ~ O (O N 00 ~ ~ ~ ~ ~ M fC ~ ~ ~ ~ (O (O I~ ~ M M O O O ~ ~ N M M a~ O r r r r r r O LL ~ ~ O O O O O O O O O O O O O O O O O O O O O O O ~ ~ O O O O O O O O O O O O O ~ N M O O f/1 ~ ~ (O O ~ ~ O ~ ~ O O ~ ~ ~ 00 O ~ O ~ O ~ O 00 ~ ~ ~ ~ ~ N (O (O N O ~ ~ N M M ~ ~ ~ ~ (O (O I~ ~ M M O O 0 N N CO d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL f~ 2 c ~ (O 00 O N ~ (O 00 O N ~ (O pp O N ~ (O 00 O • O O O O O ~ ~ ~ ~ M M M M M O O O O O ~ M ~ I~ O ~ ~ (O 00 O N ~ (O 00 O N ~ (O 00 *' ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O ~ ~ r r r r r r N C ~ ~ +~+ ~ (O 00 O N ~ (O 00 O N ~ ~ M (O ~ 00 ~ O O N N ~ ~ (O O 00 M O ~ to L M ~ 00 O N ~ (O O O O O O ~ ~ ~ ~ ~ N ~ ~ M M M O O O O O _ _ _ _ _ _ _ _ _ _ L r r r r r r r r r r L ~ O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M ~ ~ M M N ~ O O M ~ O ~ ~ M N ~ O O M ~ ~ ~ ~ ~ (O I~ M M O O ~ N M ~ ~ O ~ ~ M O Q' ~ M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O U a . ~ •~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ A '~ ~ cC C LL y CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO y _ c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ m ~ ~ ~ N N N N N N N N N N N N N N N N ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X ~ I~ ~ ~ ~ O O M M ~ ~ N O M O N ~ ~ ~ ~~ (O M ~ O I~ O ~ M N ~ O O O O O O O ~ ~ ~ ~ (O (O I~ M O O ~ N M ~ ~ ~ O M O O +, ~ ~ ~ ~ ~ ~ ~ N N N N N N N N N N M O O LL ~ ~ O O O O O O O O O O O O O O O O O O a O O O O O O O O O O O O O O O O O O ~ M N M O O M ~ ~ ~ ~ ~ M M O O O M M _ ~ ~ 00 (O M ~ O I~ O ~ M N ~ O O O O O O O M ~ ~ (O (O I~ M O O ~ N M ~ ~ ~ ~ M O ~ ~ ~ ~ ~ ~ ~ ~ N N N N N N N N N N 0 M N CO d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL f~ 2 ~ ~ N ~ co ao O N ~ co ao O N ~ co ao O N ~ co ~ ~ ~ ~ N N N N N M M M M M ~ ~ ~ ~ +' M ~ I~ O ~ M ~ ~ O ~ M ~ ~ O ~ M ~ ~ *' ~ ~ ~ ~ N N N N N M M M M M ~ ~ ~ ~ ~ r r r r r r r r r r r r r r r r r r N C ~ ~ ' ~ ~ N M ~ ~ co I~ ao O O N N ~ ~ O co M ao O O M N ~ ~ ~ co O ao ~ O ~ N O ~ M co O ~ L N N N N M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ (O ~ ~ .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. L r r r r r r r r r r r r r r r r r r L ~ 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ ~ (O ~ ~ ~ M N ~ O O M ~ O ~ ~ M N ~ O ~ ~ O ~ N M ~ ~ (O I~ ~ M O O ~ N M ~ ~ O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O O O O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a '~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ y ' c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ in ~ ~_ o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n ~ 00 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O m ~ N N N N M M M M M M M M M M M M M M ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X N M ~ O (O ~ ~ (O O (O ~ ~ (O O ~ N N M ~ ~ ~~ N M ~ (O I~ O ~ M O M ~ ~ ~ O ~ M N O ~ ~ N M ~ ~ (O 00 O O ~ M ~ ~ I~ M O ~ N + + M M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O LL ~ ~ O O O O O O O O O O O O O O O O O O a O O O O O O O O O O O O O O O O O O ~ ~ M ~ O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O M M _ ~ ~ ~ N M ~ (O I~ O ~ M O M ~ ~ ~ ~ ~ M N O ~ N M ~ ~ (O 00 O O ~ M ~ ~ I~ M O ~ M M M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ 0 a~ c~ d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ti 2 ~ ~ 00 O N ~ (O 00 O ~ ~ ~ ~ ~ ~ O }' O ~ M ~ ~ O ~ ~ ~ ~ ~ ~ ~ O ~ r r r r r r r N C ~ ~ ' i ~ M O N ~ O M O ~ L (O (O (O (O I~ ~ ~ ~ ~ _ L r r r r r r r fA L I~ 00 00 O O O O ~ ~ O M ~ O ~ ~ ~ ~ ~ (O I~ M O O ~ N O U a . ~ ,~ c c c c c c c +, N ~ m ~ ~ a '~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ y c c c c c c c a ~' ~ ~ ~ _ ~ in ~ ~ ~ o ~ o ~ o ~ o _ ~ ~ ~ ao ao ai ai o m ~ M M M M M M ~ ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X ~ r 00 I~ 00 ~ ~ f~ ~ ~ ~ ~ O ~ M ~ O ~ ~ O ~ O O O O LL ~ ~ O O O O O O O a O O O O O O O ~ ~ ~ N O M O N _ ~ N ~ d ~ ~ ~ co a o ~ ~ ~ ~ ~ ~ O 0 a~ c~ d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ti 2 c ~ O N ~ co ao O N ~ co ao O N ~ co ao ~++ ~ O M ~ ~ ~ ~ ~ N N N N N M M M M M ~ ~ ~ ~ O N ~ O M O N ~ O M O N ~ O M '+, ~ ~ ~ ~ ~ N N N N N M M M M M N C ~ ~ ~ ~ +~+ ~ O N ~ co ao O N ~ co ao O N ~ co ao to L ~ O M ~ M ~ ~ O N ~ O M O M ~ ~ O ~ ~ ~ ~ O M ~ ~ ~ ~ ~ N N N N M M M M M ~ ~ ~ (n L O ~ ~ M M O O O ~ ~ ~ N N M M ~ ~ ~ ~ O M ~ O ~ ~ M N N ~ ~ 00 I~ O ~ ~ M N ~ O O O ~ N M ~ ~ (O I~ ~ N M ~ ~ (O I~ M O O ~ ~ r r r r r r r r O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a •~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ y ' c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ in ~ ~ - ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ ~ m ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M M O O ~# X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O ~ ~ ~ O O ~ O ~ O ~ ~~ O ~ ~ ~ O O ~ O ~ M ~ ~ O N ~ ~ ~ ~ ~ N M ~ ~ O M O ~ ~ ~ ~ N N N N O O LL cC a ~ O O O O O O O O O O O O O O O O O O cn 0 0 0 0 0 0 0 0 0 0 O ~ ~ ~ ~ ~ ~ ~ ~ ~ N 00 ~ ~ ~ I~ O ~ O ~ M ~ I~ O N ~ ~ ~ N M ~ ~ I~ M ~ ~ ~ ~ ~ N N N 0 a~ c~ d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ti 2 c ~ O N ~ co ao O N ~ co ao O N ~ co ao O N ~ '~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O ~ ~ ~ ~ O N ~ co ao O N ~ co ao O N ~ co ao O N ~ '~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O ~ ~ ~ N C ~ ~ ~ ~ +~+ ~ O N ~ co ao O N ~ co ao O N ~ co ao O N ~ to L ~ O M O N ~ ~ O ~ M O M O N ~ ~ O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O ~ ~ ~ ~ ~ M ~ ~ L ~ O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M O ~ ~ ~ O O M ~ O ~ ~ M N ~ O O M ~ O ~ ~ ~ ~ 00 O O O ~ N M ~ ~ (O I~ M M O O ~ N M Q' ~ ~ ~ ~ N N N N N N N N N N N M M M M O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ ~+ '~ ~ cC C LL y CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO y c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ Q. ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M m ~ r r r r r r r r r r r r r r r r r r ~# ~ X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N y cC c0 c0 I~ O ~ O (O ~ ~ ~ ~ ~ (O N O O O Q1 ~ O M O O M O O ~ M N O ~ ~ O ~ O ~ O fC M M M M ~ ~ ~ ~ ~ (O (O I~ ~ M M M O O a~ O ~ O LL cC ~ O O O O O O O O O O O O O O O O O O a~ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (n 00 I~ ~ M O ~ O ~ ~ ~ ~ M N ~ M ~ O ~ ~ I~ O M O O M ~ O ~ M N O ~ ~ O ~ O ~ N M M M ~ ~ ~ ~ ~ ~ (O (O I~ ~ M M O O 0 N N CO d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL f~ 2 c ~ (O 00 O N ~ (O 00 O N ~ (O pp O N ~ (O 00 O • O O O O O ~ ~ ~ ~ M M M M M O O O O O ~ M ~ I~ O ~ ~ (O 00 O N ~ (O 00 O N ~ (O 00 *' ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O ~ ~ r r r r r r N C ~ ~ +~+ ~ (O 00 O N ~ (O 00 O N ~ ~ M (O ~ 00 ~ O O N N ~ ~ (O O 00 M O ~ to L M ~ 00 O N ~ (O O O O O O ~ ~ ~ ~ ~ N ~ ~ M M M O O O O O _ _ _ _ _ _ _ _ _ _ L r r r r r r r r r r L ~ O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M ~ ~ M M N ~ O O M ~ O ~ ~ M N ~ O O M ~ ~ ~ ~ ~ (O I~ M M O O ~ N M ~ ~ O ~ ~ M O Q' ~ M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O U a . ~ •~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ A '~ ~ cC C LL y CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO y _ c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ m ~ ~ ~ N N N N N N N N N N N N N N N N ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X (O ~ I~ ~ ~ ~ O O ~ O ~ O O ~ O ~ O ~ ~ ~ ~~ ~ ~ (O N 00 ~ O (O M O O M O ~ ~ N O ~ ~ O ~ ~ N N M ~ ~ ~ ~ (O I~ M M O O ~ ~ +, ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N O O LL ~ ~ O O O O O O O O O O O O O O O O O O a O O O O O O O O O O O O O O O O O O ~ M ~ N M ~ ~ ~ ~ O ~ O M ~ ~ M ~ ~ ~ _ ~ ~ O ~ ~ (O N 00 ~ O I~ M O O M O ~ ~ N O O O ~ ~ N N M ~ ~ ~ (O (O I~ M M O O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N 0 M N CO d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL f~ 2 ~ ~ N ~ co ao O N ~ co ao O N ~ co ao O N ~ co ~ ~ ~ ~ N N N N N M M M M M ~ ~ ~ ~ +' M ~ I~ O ~ M ~ ~ O ~ M ~ ~ O ~ M ~ ~ *' ~ ~ ~ ~ N N N N N M M M M M ~ ~ ~ ~ ~ r r r r r r r r r r r r r r r r r r N C ~ ~ ' ~ ~ N M ~ ~ co I~ ao O O N N ~ ~ O co M ao O O M N ~ ~ ~ co O ao ~ O ~ N O ~ M co O ~ L N N N N M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ (O ~ ~ .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. L r r r r r r r r r r r r r r r r r r L ~ 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ ~ (O ~ ~ ~ M N ~ O O M ~ O ~ ~ M N ~ O ~ ~ O ~ N M ~ ~ (O I~ ~ M O O ~ N M ~ ~ O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O O O O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a '~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ y ' c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ in ~ ~_ o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n ~ 00 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O m ~ N N N N M M M M M M M M M M M M M M ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X (O (O I~ O ~ O O ~ ~ ~ ~ ~ O N O O O N ~ ~ ~~ ~ M ~ O M O ~ ~ M N ~ ~ O O O O O O ~ N M ~ ~ ~ (O I~ M O O ~ N M ~ ~ ~ ~ M + + N N N N N N N N N M M M M M M M M M O O LL ~ ~ O O O O O O O O O O O O O O O O O O a O O O O O O O O O O O O O O O O O O ~ M ~ ~ M O ~ O ~ ~ ~ ~ M N ~ M ~ O ~ _ ~ ~ I~ ~ M ~ O M ~ ~ ~ M N ~ ~ O O O O O ~ N M ~ ~ ~ (O I~ M O O ~ N M ~ ~ O ~ N N N N N N N N N N M M M M M M M M 0 a~ c~ d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ti 2 ~ ~ 00 O N ~ (O 00 O ~ ~ ~ ~ ~ ~ O }' O ~ M ~ ~ O ~ ~ ~ ~ ~ ~ ~ O ~ r r r r r r r N C ~ ~ ' i ~ M O N ~ O M O ~ L (O (O (O (O I~ ~ ~ ~ ~ _ L r r r r r r r fA L I~ 00 00 O O O O ~ ~ O M ~ O ~ ~ ~ ~ ~ (O I~ M O O ~ N O U a . ~ ,~ c c c c c c c +, N ~ m ~ ~ a '~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ y c c c c c c c a ~' ~ ~ ~ _ ~ in ~ ~ ~ o ~ o ~ o ~ o _ ~ ~ ~ ao ao ai ai o m ~ M M M M M M ~ ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ r ~ ~ ~ ~ ~ ~~ O ~ ~ N M ~ O O M O ~ ~ ~ N ~ M ~ ~ ~ ~ O O O O LL ~ ~ O O O O O O O a O O O O O O O ~ M ~ N M ~ ~ ~ _ ~ ~ O O ~ ~ N M ~ ~ ~ M M ~ ~ ~ 0 a~ c~ d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ti 2 c ~ O N ~ co ao O N ~ co ao O N ~ co ao ~++ ~ O M ~ ~ ~ ~ ~ N N N N N M M M M M ~ ~ ~ ~ O N ~ O M O N ~ O M O N ~ O M '+, ~ ~ ~ ~ ~ N N N N N M M M M M N C ~ ~ ~ ~ +~+ ~ O N ~ co ao O N ~ co ao O N ~ co ao to L ~ O M ~ M ~ ~ O N ~ O M O M ~ ~ O ~ ~ ~ ~ O M ~ ~ ~ ~ ~ N N N N M M M M M ~ ~ ~ (n L O ~ ~ M M O O O ~ ~ ~ N N M M ~ ~ ~ ~ O M ~ O ~ ~ M N N ~ ~ 00 I~ O ~ ~ M N ~ O O O ~ N M ~ ~ (O I~ ~ N M ~ ~ (O I~ M O O ~ ~ r r r r r r r r O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a •~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ y ' c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ in ~ ~ - ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ ~ ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M M O O m ~# X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O O O O O O O N M ~ ~ O O O ~~ ~ M M 00 ~ M N N M ~ 00 ~ ~ ~ N M ~ ~ c0 I~ M ~ ~ ~ ~ ~ ~ N O O LL cC a ~ O O O O O O O O O O O O O O O f/1 O O O O O O O O O O O O M O ~ N ~ O ~ ~ O ~ O O ~ M M ~ O O O ~ M ~ ~ O ~ ~ N M ~ ~ (O I~ M ~ ~ ~ ~ ~ ~ 0 a~ c~ d N L ++ V L ++ N N N N N N ~ N+,U a~~ ~ o ~ LL ti 2 c ~ O N ~ co ao O N ~ co ao O N ~ co ao O N ~ '~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O ~ ~ ~ ~ O N ~ co ao O N ~ co ao O N ~ co ao O N ~ '~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O ~ ~ ~ N C ~ ~ ~ ~ +~+ ~ O N ~ co ao O N ~ co ao O N ~ co ao O N ~ to L ~ O M O N ~ ~ O ~ M O M O N ~ ~ O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O ~ ~ ~ ~ ~ M ~ ~ L ~ O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M O ~ ~ ~ O O M ~ O ~ ~ M N ~ O O M ~ O ~ ~ ~ ~ 00 O O O ~ N M ~ ~ (O I~ M M O O ~ N M Q' ~ ~ ~ ~ N N N N N N N N N N N M M M M O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ ~+ '~ ~ cC C LL y CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO y c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ Q. ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M m ~ r r r r r r r r r r r r r r r r r r ~# X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ fC ~ ~ I~ N M ~ N ~ ~ N ~ ~ ~ ~ M O M M Q1 ~ M ~ ~ O N ~ M ~ ~ ~ O M ~ O ~ M ~ ~ ~ N N N M M M M ~ ~ ~ ~ ~ ~ O O O ~ ~ O O LL cC ~ O O O O O O O O O O O O O O O O O O a ~ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 _ (n ~ N ~ 00 M O ~ M N N M ~ M N M ~ ~ O ~ M ~ I~ O N ~ M ~ ~ ~ O M ~ O ~ M ~ N N N N M M M M ~ ~ ~ ~ ~ ~ (O (O (O I~ 0 N N CO d N L ++ V L ++ ~ ~ N N N N N N ~ +, U a~~ ~ o ~ LL ti 2 c ~ (O 00 O N ~ (O 00 O N ~ (O pp O N ~ (O 00 O • O O O O O ~ ~ ~ ~ M M M M M O O O O O ~ M ~ I~ O ~ ~ (O 00 O N ~ (O 00 O N ~ (O 00 *' ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O ~ ~ r r r r r r N C ~ ~ +~+ ~ (O 00 O N ~ (O 00 O N ~ ~ M (O ~ 00 ~ O O N N ~ ~ (O O 00 M O ~ to L M ~ 00 O N ~ (O O O O O O ~ ~ ~ ~ ~ N ~ ~ M M M O O O O O _ _ _ _ _ _ _ _ _ _ L r r r r r r r r r r L ~ O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M ~ ~ M M N ~ O O M ~ O ~ ~ M N ~ O O M ~ ~ ~ ~ ~ (O I~ M M O O ~ N M ~ ~ O ~ ~ M O Q' ~ M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O U a . ~ •~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ A '~ ~ cC C LL y CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO y _ c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ m ~ ~ ~ N N N N N N N N N N N N N N N N ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X ~ ~ ~ ~ ~ (~ M ~ O O O N ~ O ~ ~ 00 O y cC ao O N (O O ~~ O ~ M N ~ ~ O ~ ~ O O ~ O ~ ~ M M ~ ~ ~ M M O O O O ~ ~ N N M M ~ ~ ~ ~ (O a~ O r r r r r r r r r r r r r O LL ~ ~ O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O ~ ~ ~ ~ N O O ~ M (O O ~ N O ~ O M ~ ~ (~ ~ (~ ~ O ~ O N ~ M M ~ N O O ~ ~ N N M M ~ ~ ~ ~ ~ ~ M M O O 0 M N CO d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ti 2 ~ ~ N ~ co ao O N ~ co ao O N ~ co ao O N ~ co ~ ~ ~ ~ N N N N N M M M M M ~ ~ ~ ~ +' M ~ I~ O ~ M ~ ~ O ~ M ~ ~ O ~ M ~ ~ *' ~ ~ ~ ~ N N N N N M M M M M ~ ~ ~ ~ ~ r r r r r r r r r r r r r r r r r r N C ~ ~ ' ~ ~ N M ~ ~ co I~ ao O O N N ~ ~ O co M ao O O M N ~ ~ ~ co O ao ~ O ~ N O ~ M co O ~ L N N N N M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ (O ~ ~ .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. L r r r r r r r r r r r r r r r r r r L ~ 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ ~ (O ~ ~ ~ M N ~ O O M ~ O ~ ~ M N ~ O ~ ~ O ~ N M ~ ~ (O I~ ~ M O O ~ N M ~ ~ O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O O O O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a '~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ y ' c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ in ~ ~_ o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n ~ 00 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O m ~ N N N N M M M M M M M M M M M M M M ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X (O (O I~ O M M ~ O M ~ ~ M O N ~ N M ~ ~ ~ ~~ O (O N O ~ ~ M ~ ~ M ~ N O ~ ~ N O ~ ~ I~ ~ M M O O O ~ N N M ~ ~ ~ O ~ ~ M +, ~ ~ ~ ~ ~ N N N N N N N N N N N N N O O LL ~ ~ O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O a ~ ~ ~ ~ M ~ ~ O ~ ~ O M M O O M M M O _ ~ ~ ~ O c0 N O ~ ~ M ~ ~ 00 ~ N O I~ ~ N O (O I~ ~ M M O O O ~ ~ ~ ~ ~ ~ ~ N N N N N N N N N N N N 0 a~ c~ d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL f~ 2 ~ ~ 00 O N ~ (O 00 O ~ ~ ~ ~ ~ ~ O }' O ~ M ~ ~ O ~ ~ ~ ~ ~ ~ ~ O ~ r r r r r r r N C ~ ~ ' i ~ M O N ~ O M O ~ L (O (O (O (O I~ ~ ~ ~ ~ _ L r r r r r r r fA L I~ 00 00 O O O O ~ ~ O M ~ O ~ ~ ~ ~ ~ (O I~ M O O ~ N O U a . ~ ,~ c c c c c c c +, N ~ m ~ ~ a '~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ y c c c c c c c a ~' ~ ~ ~ _ ~ in ~ ~ ~ o ~ o ~ o ~ o _ ~ ~ ~ ao ao ai ai o m ~ M M M M M M ~ ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X M N M ~ ~ O O ~ ~ ~ M ~ O I~ O ~ O N O M ~ M ~ M N M M M ~ O O O O LL ~ ~ O O O O O O O a O O O O O O O ~ O ~ M ~ ~ M ~ _ ~ ~ I~ ~ M ~ O ~ O 00 O O ~ ~ N M N N M M M M M 0 a~ c~ d N L ++ V L ++ ~ M N N N N N N ~ N+,U a~~ ~ o ~ LL ti 2 c ~ O N ~ co ao O N ~ co ao O N ~ co ao ~++ ~ O M ~ ~ ~ ~ ~ N N N N N M M M M M ~ ~ ~ ~ O N ~ O M O N ~ O M O N ~ O M '+, ~ ~ ~ ~ ~ N N N N N M M M M M N C ~ ~ ~ ~ +~+ ~ O N ~ co ao O N ~ co ao O N ~ co ao to L ~ O M ~ M ~ ~ O N ~ O M O M ~ ~ O ~ ~ ~ ~ O M ~ ~ ~ ~ ~ N N N N M M M M M ~ ~ ~ (n L O ~ ~ M M O O O ~ ~ ~ N N M M ~ ~ ~ ~ O M ~ O ~ ~ M N N ~ ~ 00 I~ O ~ ~ M N ~ O O O ~ N M ~ ~ (O I~ ~ N M ~ ~ (O I~ M O O ~ ~ r r r r r r r r O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a •~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ y ' c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ in ~ ~ - ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ ~ ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M M O O m ~# X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O M M M O ~ ~ M I~ ~ ~ ~ ~ ~ M ~ ~ M M ~ ~ O ~ N N M ~ ~ O ~ M O ~ ~ ~ ~ ~ O O LL cC a ~ 0 0 0 O O O O O O O O O O O O O O O ~ ~ 0 N 0 co 0 N 0 O 0 O 0 ~ 0 ~ 0 ~ 0 O 0 M _ ~ ~ ~ 0 ~ N ~ O ~ ~ N N M ~ ~ c0 I~ M ~ ~ ~ ~ ~ 0 a~ c~ d N L ++ V L ++ ~ M N N N N N N ~ N+,U a~~ ~ o ~ LL ti 2 c ~ O N ~ co ao O N ~ co ao O N ~ co ao O N ~ '~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O ~ ~ ~ ~ O N ~ co ao O N ~ co ao O N ~ co ao O N ~ '~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O ~ ~ ~ N C ~ ~ ~ ~ +~+ ~ O N ~ co ao O N ~ co ao O N ~ co ao O N ~ to L ~ O M O N ~ ~ O ~ M O M O N ~ ~ O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O ~ ~ ~ ~ ~ M ~ ~ L ~ O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M O ~ ~ ~ O O M ~ O ~ ~ M N ~ O O M ~ O ~ ~ ~ ~ 00 O O O ~ N M ~ ~ (O I~ M M O O ~ N M Q' ~ ~ ~ ~ N N N N N N N N N N N M M M M O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ ~+ '~ ~ cC C LL y CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO y c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ Q. ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M m ~ r r r r r r r r r r r r r r r r r r ~# X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ fC ~ ~ ~ ~ I~ O M M M O ~ ~ M M ~ ~ M ~ Q1 ~ O ~ M ~ ~ O N ~ ~ O N ~ M ~ ~ ~ O ~ ~ ~ N N N N M M M M M ~ ~ ~ ~ ~ ~ O O O O LL cC ~ O O O O O O O O O O O O O O O O O O a~ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 v~ ao co co co co ao ~ ~ rn ~ o ao co ~ ~ ~ co rn ~ I~ ~ ~ M ~ ~ O N ~ ~ O N ~ M ~ ~ ~ O ~ ~ N N N N M M M M ~ ~ ~ ~ ~ ~ ~ (O 0 N N CO d N L ++ V L ++ ~ M N N N N N N ~ +, U a~~ ~ o ~ LL ti 2 c ~ (O 00 O N ~ (O 00 O N ~ (O pp O N ~ (O 00 O • O O O O O ~ ~ ~ ~ M M M M M O O O O O ~ M ~ I~ O ~ ~ (O 00 O N ~ (O 00 O N ~ (O 00 *' ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O ~ ~ r r r r r r N C ~ ~ +~+ ~ (O 00 O N ~ (O 00 O N ~ ~ M (O ~ 00 ~ O O N N ~ ~ (O O 00 M O ~ to L M ~ 00 O N ~ (O O O O O O ~ ~ ~ ~ ~ N ~ ~ M M M O O O O O _ _ _ _ _ _ _ _ _ _ L r r r r r r r r r r L ~ O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M ~ ~ M M N ~ O O M ~ O ~ ~ M N ~ O O M ~ ~ ~ ~ ~ (O I~ M M O O ~ N M ~ ~ O ~ ~ M O Q' ~ M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O U a . ~ •~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ A '~ ~ cC C LL y CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO y _ c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ m ~ ~ ~ N N N N N N N N N N N N N N N N ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ X ~ ~ ~ ~ ~ ~ ~ ~ ~ M ~ ~ ~ ~ 00 ~ ~ M y cC ~ ~ I~ M ~ O O O ~ Q1 ~ I~ ~ ~ M N O O ~ M N O ~ ~ O ~ O ~ O ~ O ~ ~ ~ M M M O O O O ~ ~ N N N M M a~ O r r r r r r r r r O LL ~ ~ O O O O O O O O O O O O O O O O O O O O O O O O O O ~ ~ ~ pp N (O N O O ~ (n N co N ao ~ N ~ O ~ N ~ I~ ~ M C O M N O ~ ~ O ~ O ~ ~ V O ~ O O ~ ~ N N N M O O ~ ~ ~ M M O O O 0 M N CO d N L ++ V L ++ ~ M N N N N N N ~ N+,U a~~ ~ o ~ LL f~ 2 ~ ~ N ~ co ao O N ~ co ao O N ~ co ao O N ~ co ~ ~ ~ ~ N N N N N M M M M M ~ ~ ~ ~ +' M ~ I~ O ~ M ~ ~ O ~ M ~ ~ O ~ M ~ ~ *' ~ ~ ~ ~ N N N N N M M M M M ~ ~ ~ ~ ~ r r r r r r r r r r r r r r r r r r N C ~ ~ ' ~ ~ N M ~ ~ co I~ ao O O N N ~ ~ O co M ao O O M N ~ ~ ~ co O ao ~ O ~ N O ~ M co O ~ L N N N N M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ (O ~ ~ .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. L r r r r r r r r r r r r r r r r r r L ~ 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ ~ (O ~ ~ ~ M N ~ O O M ~ O ~ ~ M N ~ O ~ ~ O ~ N M ~ ~ (O I~ ~ M O O ~ N M ~ ~ O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O O O O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a '~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ y ' c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ in ~ ~_ o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n ~ 00 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O m ~ N N N N M M M M M M M M M M M M M M ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X M ~ I~ O M M M O ~ ~ ~ ~ ~ ~ O M M M ~ ~ ~~ ~ O ~ O ~ O O N ~ M O ~ ~ ~ ~ O O M ~ ~ ~ ~ ~ (O I~ ~ M M O O O ~ ~ N M M ~ +, ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N N N N N O O LL ~ ~ O O O O O O O O O O O O O O O O O O a O O O O O O O O O O O O O O O O O O ~ ~ ~ co 00 0 ~ rn ~ ~ oo co co co co 00 ~ ~ rn _ ~ ~ O ~ O ~ O ~ O O N ~ M O ~ ~ ~ ~ O O M ~ ~ ~ (O (O I~ ~ M M O O O ~ ~ N M M ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N N N N 0 a~ c~ d N L ++ V L ++ ~ M N N N N N N ~ N+,U a~~ ~ o ~ LL ti 2 ~ ~ 00 O N ~ (O 00 O ~ ~ ~ ~ ~ ~ O }' O ~ M ~ ~ O ~ ~ ~ ~ ~ ~ ~ O ~ r r r r r r r N C ~ ~ ' i ~ M O N ~ O M O ~ L (O (O (O (O I~ ~ ~ ~ ~ _ L r r r r r r r fA L I~ 00 00 O O O O ~ ~ O M ~ O ~ ~ ~ ~ ~ (O I~ M O O ~ N O U a . ~ ,~ c c c c c c c +, N ~ m ~ ~ a '~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ y c c c c c c c a ~' ~ ~ ~ _ ~ in ~ ~ ~ o ~ o ~ o ~ o _ ~ ~ ~ ao ao ai ai o m ~ M M M M M M ~ ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X O ~ ~ M M ~ O tC ~ ~ ~ (O M O I~ ~ ~ ~ N N N N N N O O O O O LL ~ ~ O O O O O O O a O O O O O O O ~ ~ o 0o co ~ ~ ~ ~ ~ ri o co ri o ~ ~ N N N N N N N 0 a~ c~ d N L ++ V L ++ ~ ~ N N N N N N ~ +, U a~~ ~ o ~ LL ~ 2 c g o ~n o ~n o ~n o ~n o ~n o ~n '+, O ~ O ~ O ~ 00 ~ ~ 00 N ~ O N (O O M (O ~ ~ ~ ~ ~ ~ ~ O N M ~ O ~ M O ~ N ~ ~ N .~ ~ ~ ~ ~ ~ ~ ~ N N N N N N C ~ ~ ~ ~ +~+ ~ N (O ~ ~ O ~ O M 00 N I~ ~ O to L O ~ M M ~ O ~ M ~ O ~ M O ~ M ~ O ~ ~ ~ N ~ ~ ~ M ~ ~ ~ ~ ~ ~ ~ N N N N N N ~ ~ fA L O O O ~ ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M N M ~ ~ ~ N 00 ~ O (O N 00 ~ O (O N 00 ~ O (O O O ~ ~ ~ N M M ~ ~ ~ (O (O I~ ~ M O O ~ ~ r r r O U a . ~ ,~ cC y O ~ M M ~ N O ~ ~ O ~ O M M N ~ ~ M ~ ~ O (O ~ I~ N M M O ~ O ~ O O ~ ~ N M O ' . ~ ~ N N M M ~ ~ ~ (O (O I~ ~ M M O O ++ N ~ ~ ~ A '~ ~ ~ ~ ~ ~ M ~ (O ~ ~ M N ~ O O M ~ O ~ ~ M N ~ ~ ~ ~ O M O O ~ ~ ~ O M O O N ~ ~ ~ ~ M ~ ~ ~ N N N N M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N *' O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M M O O m ~# X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ M O I~ M ~ ~ O O O ~ (~ ~ ~ O O ~ O O O N ~ I~ O ~ ~ ~ ~ O ~ ~ ~ ~ M ~ O ~ O ~ ~ ~ N N N M M M ~ O O LL cC ~ O O O O O O O O O O O a~ O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ~ O O O O O O O O ~ O 00 O N 00 I~ ~ O CO ~ ~ N O ~ ~ ~ O ~ ~ N M ~ (O 00 O N ~ I~ O ~ ~ ~ O ~ ~ ~ ~ ~ N N N M M ~ ~ O r N CO d N L ++ V L ++ N ~ ti N N N N N N ~ +, U a~~ ~ o ~ LL ~ 2 c 0 0 ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ '++ O M I~ O ~ ~ ~ ~ M ~ ~ M N ~ O N O O ~ I~ M O ~ N M ~ O ~ O O ~ M ~ ~ ~ M O '+, N N N M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ N C ~ ~ ~ ~ +~+ ~ O ~ O ~ M M ~ N O ~ ~ O ~ O M M N ~ to L O O ~ M ~ (O I~ O O N M ~ O ~ O O N M ~ ~ N M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ L ~ O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M O ~ ~ ~ I~ M O ~ ~ ~ M O ~ ~ ~ M O ~ ~ ~ M ~ ~ N N M M ~ ~ ~ (O (O I~ M M O O O ~ ~ N Q' ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N N O U a ~ ~ O ~ O ~ M M ~ N O ~ ~ O ~ O M M N ~ y O ~ O ~ O O ~ ~ N M M O ~ O ~ O O ~ ~ ~ O ~ ~ N M M ~ ~ ~ ~ (O (O I~ ~ M O O O ~ ~ ~+ '~ ~ LL y O O M ~ O ~ ~ M N ~ O O M ~ O ~ ~ ~ ~ 00 O M (O O N ~ 00 ~ ~ I~ O N ~ M O O O ~ ~ ~ O O O O ~ ~ ~ M M M M O O O ~ ~ r r r ~ ~ ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M m ~ r r r r r r r r r r r r r r r r r r ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ m ~ ~ ~ ~ ~ W ~ CO ~ ~ ~ N ~ O N ~ a1 ~ ~ ~ Ln r-I I~ (~ ~ Cfl ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O r-I N (~ ~ Ln Ln CO + + r-I r-I r-I r-I r-I r-I r-I r-I r-I r-I O O LL ~ O O O O O O O O O O O O O ~ O O O ~ ~ O O ~ O O O O 0 ~ ~ ~ ~ ~ 0 ~ -I ~ m r-I W CO ~ N r-I O ~ ~ ~ ~ Ln r I (~ O CO ~ ~ N m ~ Ln ~ Ln Ln CO I~ ti W ~ ~ ~ r -I r -I r -I r -I r -I -I r ~ ~ O N N CO d N L ++ V L ++ ~ ti N N N N N N ~ N+,U a~~ ~ o ~ LL ~ 2 c O o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ '++ M (O O M I~ O ~ ~ ~ ~ M ~ ~ M N ~ O N ~ ~ N ~ ~ (O 00 O O N M ~ (O I~ M O ~ N ~ '~ ~ ~ ~ ~ ~ ~ ~ O O O O O O O ~ ~ ~ ~ N C ~ ~ ~ ~ +~+ O ~ O O ~ O ~ M M ~ N O ~ ~ O ~ O M M to L ~ O M O O N M ~ O M O ~ N ~ ~ O M O ~ ~ ~ ~ ~ ~ O O O O O O O ~ ~ ~ ~ ~ ~ ~ ~ ~ L ~ O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M O O O O N M ~ O O N M ~ O O N M ~ O O N ~ ~ N M ~ ~ ~ (O (O I~ ~ M O O O O ~ N N M Q' ~ N N N N N N N N N N N N M M M M M M O U a ~ ~ ~ (O O ~ O ~ M M ~ N O ~ ~ O ~ O M M O ~ N M M M ~ O ~ O O ~ ~ N M M M ~ O ~ ~ O ~ ~ N N M M ~ ~ ~ (O (O I~ ~ M M O O '+, ' N N N N N N N N N N N N N N N N N N N O O A '~ ~ fC C N ~ O O M ~ O ~ ~ M N ~ O O M ~ O ~ LL y O M (O 00 ~ ~ I~ O M O O N ~ ~ O M O O ' 'p ~ ~ ~ ~ N N N M M M M ~ ~ ~ ~ ~ ~ ~ O ~ ~ r r r r r r r r r r r r r r r r r r O O ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ m ~ ~ ~ N N N N N N N N N N N N N N N N ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X ti Ln Ln ti N O ~ N ti ~ ~ CO r-I 00 I~ ~ ~ r-I O ~ ~ ~ I~ ti ti ti W ~ ~ r-I N ~ CO 00 r-I (~ CO ~ (~ I~ 00 ~ O rl N (~ ~ CO ti W ~ O N (~ ~ Ln ti W O r-I r-I N N N N N N N N N (~ (~ (~ (~ (~ (~ (~ O LL O ~ O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O a ~ (~ W CO CO W (~ r-I O (~ 00 Ln Ln I~ N ~ W O Ln ~ ~ 00 I~ ti ti ti W ~ O r-I N ~ CO 00 r-I (~ CO O (~ I~ W ~ O r-I N (~ Ln CO I~ W ~ O N (~ ~ CO ti rl r-I r-I N N N N N N N N N (~ (~ (~ (~ (~ (~ O M N O) CO d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ~ 2 c 0 0 ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ '++ (O O M (O O M I~ O ~ ~ ~ ~ M ~ ~ M N ~ ~ ~ (O 00 O ~ N M ~ O ~ O O ~ M ~ ~ ~ M '~ ~ ~ ~ ~ M M M M M M M O O O O O O O N C ~ ~ ~ ~ +~+ ~ N I~ ~ O O ~ O ~ M M ~ N (O O ~ OM ~ ~ to L ~ N ~ ~ I~ M O ~ N ~ ~ ~ M O O O O O ~ ~ M M M M M M M O O O O O O _ _ _ _ _ L r r r r r L ~ 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ ~ 00 ~ O I~ M O ~ ~ ~ M O ~ ~ ~ M O ~ ~ ~ ~ M ~ ~ ~ (O (O I~ M M O O O ~ ~ N N M ~ Q' ~ M M M M M M M M M M M ~ ~ ~ ~ ~ ~ ~ O U a ~ ~ N I~ ~ O O ~ O ~ M M ~ N O ~ ~ O ~ O y ~ O O ~ ~ N ~ M M ~ O ~ O O ~ ~ N ~ ~ ~ O ~ ~ N N M M ~ ~ ~ ~ (O I~ ~ M M O O '++ ' N M M M M M M M M M M M M M M M M M M ~ ~ A '~ ~ fC C ~ M N ~ O O M ~ O ~ ~ M N ~ O O M ~ LL y N ~ 00 ~ ~ (O O N ~ 00 ~ ~ I~ O M ~ M ~ ~ 'p (O (O (O I~ ~ ~ ~ M M M O O O O O O O ~ ._ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N N N ~ ~ _ Q. ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ 00 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O m ~ N N N N M M M M M M M M M M M M M M ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X rl (~ ti ~ (~ Ln ~ Cfl Cfl ti c-I 00 I~ ~ (~ ~ ~ O ~ ~ ~ ~ rl Ln ~ ~ ~ ~ ~ Ln r-I I~ ~ O ti ~ N ~ ti CO O rl N ~ Ln ti W O N (~ Ln ti W O N (~ Ln ti O LL ~ ~ O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O a~ N N ~ W Ln ~ CO O ti ti W N ~ W O ~ O O ~ ~ I~ r-I Ln ~ ~ ~ ~ O Ln r-I I~ ~ O ti Ln N O W 00 O rl N ~ Ln ti ~ O N (~ Ln ti W O N ~ Ln (~ ~ ~ ~ ~ ~ ~ ~ Ln Ln Ln Ln Ln Ln CO CO CO CO O N CO d N L ++ V L ~ ~ N ++ N ~ N ~ ~ ~ N+,U a~~ ~ o ~ LL ~ 2 ~ ~ O ~n o ~n o ~n o N (O O M (O O ~ ~ ~ N M ~ (O 00 *' O O O O O O +~ O r r r r r r N C ~ ~ ' i ~ M I~ M M N O ~ ~ ~ M O ~ O O ~ L L r r r r r r r fA L I~ 00 00 O O O O ~ ~ I~ M O ~ ~ M ~ O U a ~ ~ M 00 N I~ ~ O O y M M ~ O ~ O O ~ ~ O O ~ ~ N M M ~ ~ A '~ ~ fC C c0 ~ ~ M N ~ O ~ ~ ~ N M ~ N N N ~~ N N N N N N N ~ ~ _ Q. ~ I~ ~ M M O O O m ~ M M M M M M ~ ~# ~ ~ ~ ~ ~ ~ ~ f~ ~ ~ LL ~ O O O O O O O 0 0 0 0 0 0 0 a~ 0 ~ ~ CO ~ (~ N rl O O I~ ~ r-I (~ Ln ti ~ ~ ~ ti ti ti ti ti O N CO d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ~ 2 c g o ~n o ~n o ~n o ~n o ~n o ~n '+, O ~ O ~ O ~ 00 ~ ~ 00 N ~ O N (O O M (O ~ ~ ~ ~ ~ ~ ~ O N M ~ O ~ M O ~ N ~ ~ N .~ ~ ~ ~ ~ ~ ~ ~ N N N N N N C ~ ~ ~ ~ }' ~ N O ~ ~ O ~ O M M N ~ ~ O to L O ~ M M ~ O ~ M ~ (O I~ M O ~ M ~ O ~ ~ ~ N ~ ~ ~ M ~ ~ ~ ~ ~ ~ ~ N N N N N N ~ ~ fA L O O O ~ ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M N M ~ ~ ~ N 00 ~ O (O N 00 ~ O (O N 00 ~ O (O O O ~ ~ ~ N M M ~ ~ ~ (O (O I~ ~ M O O ~ ~ r r r O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a •~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ y ' c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ in ~ ~ - ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ ~ ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M M O O m ~# X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ y cC O O O O O O O O O o0 N o0 O (O ~ ~ (O ~ a1 ~ M ~ ~ ~ ~ ~ ~ O ~ M O M ~ ~ ~ ~ ~ M ~ ~ N M ~ (O I~ O ~ ~ ~ ~ N N N M M M O O LL cC a ~ O O O O O O O O O O O O O O O O O O f/1 O O O O O O O O O ~ O M O ~ ~ M N ~ ~ ~ O O ~ ~ M N M ~ ~ M O M ~ ~ ~ ~ ~ ~ N M ~ (O I~ O ~ ~ ~ ~ N N N M M 0 a~ c~ d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ~ 2 c 0 0 ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ '++ O M I~ O ~ ~ ~ ~ M ~ ~ M N ~ O N O O ~ I~ M O ~ N M ~ O ~ O O ~ M ~ ~ ~ M O '+, N N N M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ N C ~ ~ ~ ~ +~+ ~ O ~ O ~ M M ~ N O ~ ~ O ~ O M M N ~ to L O O ~ M ~ (O I~ O O N M ~ O ~ O O N M ~ ~ N M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ L ~ O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M O ~ ~ ~ I~ M O ~ ~ ~ M O ~ ~ ~ M O ~ ~ ~ M ~ ~ N N M M ~ ~ ~ (O (O I~ M M O O O ~ ~ N Q' ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N N O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ ~+ '~ ~ cC C LL y CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO y c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ Q. ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M m ~ r r r r r r r r r r r r r r r r r r ~# ~ ~ ~ ~ ~ ~ X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ y cC M ~ ao M O O O M ao ~ M ~ Q1 ~ N (O O ~ O ~ O ~ O (O N 00 ~ ~ ~ ~ ~ M fC ~ ~ ~ ~ (O (O I~ ~ M M O O O ~ ~ N M M a~ O r r r r r r O LL ~ ~ O O O O O O O O O O O O O O O O O O O O O O O ~ ~ O O O O O O O O O O O O O ~ N M O O f/1 ~ ~ (O O ~ ~ O ~ ~ O O ~ ~ ~ 00 O ~ O ~ O ~ O 00 ~ ~ ~ ~ ~ N (O (O N O ~ ~ N M M ~ ~ ~ ~ (O (O I~ ~ M M O O 0 N N CO d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ~ 2 c O o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ '++ M (O O M I~ O ~ ~ ~ ~ M ~ ~ M N ~ O N ~ ~ N ~ ~ (O 00 O O N M ~ (O I~ M O ~ N ~ '~ ~ ~ ~ ~ ~ ~ ~ O O O O O O O ~ ~ ~ ~ N C ~ ~ ~ ~ +~+ O ~ O O ~ O ~ M M ~ N O ~ ~ O ~ O M M to L ~ O M O O N M ~ O M O ~ N ~ ~ O M O ~ ~ ~ ~ ~ ~ O O O O O O O ~ ~ ~ ~ ~ ~ ~ ~ ~ L ~ O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M O O O O N M ~ O O N M ~ O O N M ~ O O N ~ ~ N M ~ ~ ~ (O (O I~ ~ M O O O O ~ N N M Q' ~ N N N N N N N N N N N N M M M M M M O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ A '~ ~ cC C LL y CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO y _ c c c c c c c c c c c c c c c c c c ~ ~ O O ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ m ~ ~ ~ N N N N N N N N N N N N N N N N ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X ~ I~ ~ ~ ~ O O M M ~ ~ N O M O N ~ ~ ~ ~~ (O M ~ O I~ O ~ M N ~ O O O O O O O ~ ~ ~ ~ (O (O I~ M O O ~ N M ~ ~ ~ O M O O +, ~ ~ ~ ~ ~ ~ ~ N N N N N N N N N N M O O LL O ~ O O O O O O O O O O O O O O O O O O O a O O O O O O O O O O O O O O O O O O O M N M O O M ~ ~ ~ ~ ~ M M O O O M M ~ ~ 00 (O M ~ O I~ O ~ M N ~ O O O O O O O M ~ ~ (O (O I~ M O O ~ N M ~ ~ ~ ~ M O ~ ~ ~ ~ ~ ~ ~ ~ N N N N N N N N N N 0 M N O) CO d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ~ 2 c 0 0 ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ '++ (O O M (O O M I~ O ~ ~ ~ ~ M ~ ~ M N ~ ~ ~ (O 00 O ~ N M ~ O ~ O O ~ M ~ ~ ~ M '~ ~ ~ ~ ~ M M M M M M M O O O O O O O N C ~ ~ ~ ~ +~+ ~ N I~ ~ O O ~ O ~ M M ~ N (O O ~ OM ~ ~ to L ~ N ~ ~ I~ M O ~ N ~ ~ ~ M O O O O O ~ ~ M M M M M M M O O O O O O _ _ _ _ _ L r r r r r L ~ 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ ~ 00 ~ O I~ M O ~ ~ ~ M O ~ ~ ~ M O ~ ~ ~ ~ M ~ ~ ~ (O (O I~ M M O O O ~ ~ N N M ~ Q' ~ M M M M M M M M M M M ~ ~ ~ ~ ~ ~ ~ O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a •~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ y ' c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ in ~ ~_ o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n ~ 00 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O m ~ N N N N M M M M M M M M M M M M M M ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X N M ~ O (O ~ ~ (O O (O ~ ~ (O O ~ N N M ~ ~ ~~ N M ~ (O I~ O ~ M O M ~ ~ ~ O ~ M N O ~ ~ N M ~ ~ (O 00 O O ~ M ~ ~ I~ M O ~ N + + M M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O LL ~ ~ O O O O O O O O O O O O O O O O O O a O O O O O O O O O O O O O O O O O O ~ ~ M ~ O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O M M _ ~ ~ ~ N M ~ (O I~ O ~ M O M ~ ~ ~ ~ ~ M N O ~ N M ~ ~ (O 00 O O ~ M ~ ~ I~ M O ~ M M M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ 0 a~ c~ d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ~ 2 ~ ~ O ~n o ~n o ~n o N (O O M (O O ~ ~ ~ N M ~ (O 00 *' O O O O O O +~ O r r r r r r N C ~ ~ ' i ~ M I~ M M N O ~ ~ ~ M O ~ O O ~ L L r r r r r r r fA L I~ 00 00 O O O O ~ ~ I~ M O ~ ~ M ~ O U a . ~ ,~ c c c c c c c +, N ~ m ~ ~ a '~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ y c c c c c c c a ~' ~ ~ ~ _ ~ in ~ ~ ~ o ~ o ~ o ~ o _ ~ ~ ~ ao ao ai ai o m ~ M M M M M M ~ ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X ~ r 00 I~ 00 ~ ~ f~ ~ ~ ~ ~ O ~ M ~ O ~ ~ O ~ O O O O LL ~ ~ O O O O O O O a O O O O O O O ~ ~ ~ N O M O N _ ~ N ~ d ~ ~ ~ co a o ~ ~ ~ ~ ~ ~ O 0 a~ c~ d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ~ 2 c g o ~n o ~n o ~n o ~n o ~n o ~n '+, O ~ O ~ O ~ 00 ~ ~ 00 N ~ O N (O O M (O ~ ~ ~ ~ ~ ~ ~ O N M ~ O ~ M O ~ N ~ ~ N .~ ~ ~ ~ ~ ~ ~ ~ N N N N N N C ~ ~ ~ ~ }' ~ N O ~ ~ O ~ O M M N ~ ~ O to L O ~ M M ~ O ~ M ~ (O I~ M O ~ M ~ O ~ ~ ~ N ~ ~ ~ M ~ ~ ~ ~ ~ ~ ~ N N N N N N ~ ~ fA L O O O ~ ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M N M ~ ~ ~ N 00 ~ O (O N 00 ~ O (O N 00 ~ O (O O O ~ ~ ~ N M M ~ ~ ~ (O (O I~ ~ M O O ~ ~ r r r O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a •~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ y ' c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ in ~ ~ - ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ ~ m ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M M O O ~# X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O ~ ~ ~ O O ~ O ~ O ~ ~~ O ~ ~ ~ O O ~ O ~ M ~ ~ O N ~ ~ ~ ~ ~ N M ~ ~ O M O ~ ~ ~ ~ N N N N O O LL cC a ~ O O O O O O O O O O O O O O O O O O cn 0 0 0 0 0 0 0 0 0 0 O ~ ~ ~ ~ ~ ~ ~ ~ ~ N 00 ~ ~ ~ I~ O ~ O ~ M ~ I~ O N ~ ~ ~ N M ~ ~ I~ M ~ ~ ~ ~ ~ N N N 0 a~ c~ d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ~ 2 c 0 0 ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ '++ O M I~ O ~ ~ ~ ~ M ~ ~ M N ~ O N O O ~ I~ M O ~ N M ~ O ~ O O ~ M ~ ~ ~ M O '+, N N N M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ N C ~ ~ ~ ~ +~+ ~ O ~ O ~ M M ~ N O ~ ~ O ~ O M M N ~ to L O O ~ M ~ (O I~ O O N M ~ O ~ O O N M ~ ~ N M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ L ~ O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M O ~ ~ ~ I~ M O ~ ~ ~ M O ~ ~ ~ M O ~ ~ ~ M ~ ~ N N M M ~ ~ ~ (O (O I~ M M O O O ~ ~ N Q' ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N N O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ ~+ '~ ~ cC C LL y CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO y c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ Q. ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M m ~ r r r r r r r r r r r r r r r r r r ~# ~ X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N y cC c0 c0 I~ O ~ O (O ~ ~ ~ ~ ~ (O N O O O Q1 ~ O M O O M O O ~ M N O ~ ~ O ~ O ~ O fC M M M M ~ ~ ~ ~ ~ (O (O I~ ~ M M M O O a~ O ~ O LL cC ~ O O O O O O O O O O O O O O O O O O a~ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (n 00 I~ ~ M O ~ O ~ ~ ~ ~ M N ~ M ~ O ~ ~ I~ O M O O M ~ O ~ M N O ~ ~ O ~ O ~ N M M M ~ ~ ~ ~ ~ ~ (O (O I~ ~ M M O O 0 N N CO d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ~ 2 c O o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ '++ M (O O M I~ O ~ ~ ~ ~ M ~ ~ M N ~ O N ~ ~ N ~ ~ (O 00 O O N M ~ (O I~ M O ~ N ~ '~ ~ ~ ~ ~ ~ ~ ~ O O O O O O O ~ ~ ~ ~ N C ~ ~ ~ ~ +~+ O ~ O O ~ O ~ M M ~ N O ~ ~ O ~ O M M to L ~ O M O O N M ~ O M O ~ N ~ ~ O M O ~ ~ ~ ~ ~ ~ O O O O O O O ~ ~ ~ ~ ~ ~ ~ ~ ~ L ~ O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M O O O O N M ~ O O N M ~ O O N M ~ O O N ~ ~ N M ~ ~ ~ (O (O I~ ~ M O O O O ~ N N M Q' ~ N N N N N N N N N N N N M M M M M M O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ A '~ ~ cC C LL y CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO y _ c c c c c c c c c c c c c c c c c c ~ ~ O O ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ m ~ ~ ~ N N N N N N N N N N N N N N N N ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X O ~ ~ ~ ~ ~ O O ~ O ~ O O ~ O ~ O ~ O ~ ~~ ~ ~ (O N 00 ~ O (O M O O M O ~ ~ N O ~ ~ O ~ ~ N N M ~ ~ ~ ~ (O I~ M M O O ~ ~ +, ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N O O LL O ~ O O O O O O O O O O O O O O O O O O O a O O O O O O O O O O O O O O O O O O O M ~ N M ~ ~ ~ ~ O ~ O M ~ ~ M ~ ~ ~ ~ ~ O ~ ~ (O N 00 ~ O I~ M O O M O ~ ~ N O O O ~ ~ N N M ~ ~ ~ (O (O I~ M M O O ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N 0 M N O) CO d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ~ 2 c 0 0 ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ '++ (O O M (O O M I~ O ~ ~ ~ ~ M ~ ~ M N ~ ~ ~ (O 00 O ~ N M ~ O ~ O O ~ M ~ ~ ~ M '~ ~ ~ ~ ~ M M M M M M M O O O O O O O N C ~ ~ ~ ~ +~+ ~ N I~ ~ O O ~ O ~ M M ~ N (O O ~ OM ~ ~ to L ~ N ~ ~ I~ M O ~ N ~ ~ ~ M O O O O O ~ ~ M M M M M M M O O O O O O _ _ _ _ _ L r r r r r L ~ 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ ~ 00 ~ O I~ M O ~ ~ ~ M O ~ ~ ~ M O ~ ~ ~ ~ M ~ ~ ~ (O (O I~ M M O O O ~ ~ N N M ~ Q' ~ M M M M M M M M M M M ~ ~ ~ ~ ~ ~ ~ O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a •~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ y ' c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ in ~ ~_ o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n ~ 00 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O m ~ N N N N M M M M M M M M M M M M M M ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X (O (O I~ O ~ O O ~ ~ ~ ~ ~ O N O O O N ~ ~ ~~ ~ M ~ O M O ~ ~ M N ~ ~ O O O O O O ~ N M ~ ~ ~ (O I~ M O O ~ N M ~ ~ ~ ~ M + + N N N N N N N N N M M M M M M M M M O O LL ~ ~ O O O O O O O O O O O O O O O O O O a O O O O O O O O O O O O O O O O O O ~ M ~ ~ M O ~ O ~ ~ ~ ~ M N ~ M ~ O ~ _ ~ ~ I~ ~ M ~ O M ~ ~ ~ M N ~ ~ O O O O O ~ N M ~ ~ ~ (O I~ M O O ~ N M ~ ~ O ~ N N N N N N N N N N M M M M M M M M 0 a~ c~ d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ~ 2 ~ ~ O ~n o ~n o ~n o N (O O M (O O ~ ~ ~ N M ~ (O 00 *' O O O O O O +~ O r r r r r r N C ~ ~ ' i ~ M I~ M M N O ~ ~ ~ M O ~ O O ~ L L r r r r r r r fA L I~ 00 00 O O O O ~ ~ I~ M O ~ ~ M ~ O U a . ~ ,~ c c c c c c c +, N ~ m ~ ~ a '~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ y c c c c c c c a ~' ~ ~ ~ _ ~ in ~ ~ ~ o ~ o ~ o ~ o _ ~ ~ ~ ao ao ai ai o m ~ M M M M M M ~ ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ r ~ ~ ~ ~ ~ ~~ O ~ ~ N M ~ O O M O ~ ~ ~ N ~ M ~ ~ ~ ~ O O O O LL ~ ~ O O O O O O O a O O O O O O O ~ M ~ N M ~ ~ ~ _ ~ ~ O O ~ ~ N M ~ ~ ~ M M ~ ~ ~ 0 a~ c~ d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ~ 2 c g o ~n o ~n o ~n o ~n o ~n o ~n '+, O ~ O ~ O ~ 00 ~ ~ 00 N ~ O N (O O M (O ~ ~ ~ ~ ~ ~ ~ O N M ~ O ~ M O ~ N ~ ~ N .~ ~ ~ ~ ~ ~ ~ ~ N N N N N N C ~ ~ ~ ~ }' ~ N O ~ ~ O ~ O M M N ~ ~ O to L O ~ M M ~ O ~ M ~ (O I~ M O ~ M ~ O ~ ~ ~ N ~ ~ ~ M ~ ~ ~ ~ ~ ~ ~ N N N N N N ~ ~ fA L O O O ~ ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M N M ~ ~ ~ N 00 ~ O (O N 00 ~ O (O N 00 ~ O (O O O ~ ~ ~ N M M ~ ~ ~ (O (O I~ ~ M O O ~ ~ r r r O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a •~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ y ' c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ in ~ ~ - ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ ~ m ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M M O O ~# X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O O O O O O O O O O N M ~ ~ O O O ~~ ~ M M 00 ~ M N N M ~ 00 ~ ~ ~ N M ~ ~ c0 I~ M ~ ~ ~ ~ ~ ~ N O O LL cC a ~ O O O O O O O O O O O O O O O f/1 O O O O O O O O O O O O M O ~ N ~ O ~ ~ O ~ O O ~ M M ~ O O O ~ M ~ ~ O ~ ~ N M ~ ~ (O I~ M ~ ~ ~ ~ ~ ~ 0 a~ c~ d N L ++ V L ++ N N N N N N ~ N+,U a~~ ~ o ~ LL ~ 2 c 0 0 ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ '++ O M I~ O ~ ~ ~ ~ M ~ ~ M N ~ O N O O ~ I~ M O ~ N M ~ O ~ O O ~ M ~ ~ ~ M O '+, N N N M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ N C ~ ~ ~ ~ +~+ ~ O ~ O ~ M M ~ N O ~ ~ O ~ O M M N ~ to L O O ~ M ~ (O I~ O O N M ~ O ~ O O N M ~ ~ N M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ L ~ O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M O ~ ~ ~ I~ M O ~ ~ ~ M O ~ ~ ~ M O ~ ~ ~ M ~ ~ N N M M ~ ~ ~ (O (O I~ M M O O O ~ ~ N Q' ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N N O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ ~+ '~ ~ cC C LL y CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO y c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ Q. ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M m ~ r r r r r r r r r r r r r r r r r r ~# X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ fC ~ ~ I~ N M ~ N ~ ~ N ~ ~ ~ ~ M O M M Q1 ~ M ~ ~ O N ~ M ~ ~ ~ O M ~ O ~ M ~ ~ ~ N N N M M M M ~ ~ ~ ~ ~ ~ O O O ~ ~ O O LL cC ~ O O O O O O O O O O O O O O O O O O a ~ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 _ (n ~ N ~ 00 M O ~ M N N M ~ M N M ~ ~ O ~ M ~ I~ O N ~ M ~ ~ ~ O M ~ O ~ M ~ N N N N M M M M ~ ~ ~ ~ ~ ~ (O (O (O I~ 0 N N CO d N L ++ V L ++ ~ ~ N N N N N N ~ +, U a~~ ~ o ~ LL ~ 2 c O o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ '++ M (O O M I~ O ~ ~ ~ ~ M ~ ~ M N ~ O N ~ ~ N ~ ~ (O 00 O O N M ~ (O I~ M O ~ N ~ '~ ~ ~ ~ ~ ~ ~ ~ O O O O O O O ~ ~ ~ ~ N C ~ ~ ~ ~ +~+ O ~ O O ~ O ~ M M ~ N O ~ ~ O ~ O M M to L ~ O M O O N M ~ O M O ~ N ~ ~ O M O ~ ~ ~ ~ ~ ~ O O O O O O O ~ ~ ~ ~ ~ ~ ~ ~ ~ L ~ O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M O O O O N M ~ O O N M ~ O O N M ~ O O N ~ ~ N M ~ ~ ~ (O (O I~ ~ M O O O O ~ N N M Q' ~ N N N N N N N N N N N N M M M M M M O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ A '~ ~ cC C LL y CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO y _ c c c c c c c c c c c c c c c c c c ~ ~ O O ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ m ~ ~ ~ N N N N N N N N N N N N N N N N ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X ~ ~ ~ ~ ~ O M ~ O O O N ~ O ~ ~ 00 O y cC ao O N (O O ~~ O ~ M N ~ ~ O ~ ~ O O ~ O ~ ~ M M ~ ~ ~ M M O O O O ~ ~ N N M M ~ ~ ~ ~ (O a~ O r r r r r r r r r r r r r O LL O ~ O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O ~ O ~ ~ N O O ~ M (O O ~ N O ~ O M ~ ~ O ~ O ~ O ~ O N ~ M M ~ N O O ~ ~ N N M M ~ ~ ~ ~ ~ ~ M M O O 0 M N O) CO d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ~ 2 c 0 0 ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ '++ (O O M (O O M I~ O ~ ~ ~ ~ M ~ ~ M N ~ ~ ~ (O 00 O ~ N M ~ O ~ O O ~ M ~ ~ ~ M '~ ~ ~ ~ ~ M M M M M M M O O O O O O O N C ~ ~ ~ ~ +~+ ~ N I~ ~ O O ~ O ~ M M ~ N (O O ~ OM ~ ~ to L ~ N ~ ~ I~ M O ~ N ~ ~ ~ M O O O O O ~ ~ M M M M M M M O O O O O O _ _ _ _ _ L r r r r r L ~ 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ ~ 00 ~ O I~ M O ~ ~ ~ M O ~ ~ ~ M O ~ ~ ~ ~ M ~ ~ ~ (O (O I~ M M O O O ~ ~ N N M ~ Q' ~ M M M M M M M M M M M ~ ~ ~ ~ ~ ~ ~ O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a •~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ y ' c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ in ~ ~_ o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n ~ 00 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O m ~ N N N N M M M M M M M M M M M M M M ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X (O (O I~ O M M ~ O M ~ ~ M O N ~ N M ~ ~ ~ ~~ O (O N O ~ ~ M ~ ~ M ~ N O ~ ~ N O ~ ~ I~ ~ M M O O O ~ N N M ~ ~ ~ O ~ ~ M +, ~ ~ ~ ~ ~ N N N N N N N N N N N N N O O LL ~ ~ O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O a ~ ~ ~ ~ M ~ ~ O ~ ~ O M M O O M M M O _ ~ ~ ~ O c0 N O ~ ~ M ~ ~ 00 ~ N O I~ ~ N O (O I~ ~ M M O O O ~ ~ ~ ~ ~ ~ ~ N N N N N N N N N N N N 0 a~ c~ d N L ++ V L ++ ~ ~ N N N N N N ~ N+,U a~~ ~ o ~ LL ~ 2 ~ ~ O ~n o ~n o ~n o N (O O M (O O ~ ~ ~ N M ~ (O 00 *' O O O O O O +~ O r r r r r r N C ~ ~ ' i ~ M I~ M M N O ~ ~ ~ M O ~ O O ~ L L r r r r r r r fA L I~ 00 00 O O O O ~ ~ I~ M O ~ ~ M ~ O U a . ~ ,~ c c c c c c c +, N ~ m ~ ~ a '~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ y c c c c c c c a ~' ~ ~ ~ _ ~ in ~ ~ ~ o ~ o ~ o ~ o _ ~ ~ ~ ao ao ai ai o m ~ M M M M M M ~ ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X M N M ~ ~ O O ~ ~ ~ M ~ O I~ O ~ O N O M ~ M ~ M N M M M ~ O O O O LL ~ ~ O O O O O O O a O O O O O O O ~ O ~ M ~ ~ M ~ _ ~ ~ I~ ~ M ~ O ~ O 00 O O ~ ~ N M N N M M M M M 0 a~ c~ d N L ++ V L ++ ~ M N N N N N N ~ N+,U a~~ ~ o ~ LL ~ 2 c g o ~n o ~n o ~n o ~n o ~n o ~n '+, O ~ O ~ O ~ 00 ~ ~ 00 N ~ O N (O O M (O ~ ~ ~ ~ ~ ~ ~ O N M ~ O ~ M O ~ N ~ ~ N .~ ~ ~ ~ ~ ~ ~ ~ N N N N N N C ~ ~ ~ ~ }' ~ N O ~ ~ O ~ O M M N ~ ~ O to L O ~ M M ~ O ~ M ~ (O I~ M O ~ M ~ O ~ ~ ~ N ~ ~ ~ M ~ ~ ~ ~ ~ ~ ~ N N N N N N ~ ~ fA L O O O ~ ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M N M ~ ~ ~ N 00 ~ O (O N 00 ~ O (O N 00 ~ O (O O O ~ ~ ~ N M M ~ ~ ~ (O (O I~ ~ M O O ~ ~ r r r O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a •~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ y ' c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ in ~ ~ - ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ ~ ~ ~ N N M M ~ ~ ~ ~ O O ~ ~ M M O O m ~# X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O O M M M O ~ ~ M I~ ~ ~ ~ ~ ~ M ~ ~ M M ~ ~ O ~ N N M ~ ~ O ~ M O ~ ~ ~ ~ ~ O O LL cC a ~ 0 0 0 O O O O O O O O O O O O O O O ~ ~ 0 N 0 co 0 N 0 O 0 O 0 ~ 0 ~ 0 ~ 0 O 0 M _ ~ ~ ~ 0 ~ N ~ O ~ ~ N N M ~ ~ c0 I~ M ~ ~ ~ ~ ~ 0 a~ c~ d N L ++ V L ++ ~ M N N N N N N ~ N+,U a~~ ~ o ~ LL ~ 2 c 0 0 ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ '++ O M I~ O ~ ~ ~ ~ M ~ ~ M N ~ O N O O ~ I~ M O ~ N M ~ O ~ O O ~ M ~ ~ ~ M O '+, N N N M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ N C ~ ~ ~ ~ +~+ ~ O ~ O ~ M M ~ N O ~ ~ O ~ O M M N ~ to L O O ~ M ~ (O I~ O O N M ~ O ~ O O N M ~ ~ N M M M M M M M ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ L ~ O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M O ~ ~ ~ I~ M O ~ ~ ~ M O ~ ~ ~ M O ~ ~ ~ M ~ ~ N N M M ~ ~ ~ (O (O I~ M M O O O ~ ~ N Q' ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N N O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ ~+ '~ ~ cC C LL y CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO y c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ Q. ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ ~ O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M M m ~ r r r r r r r r r r r r r r r r r r ~# X ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ fC ~ ~ ~ ~ I~ O M M M O ~ ~ M M ~ ~ M ~ Q1 ~ O ~ M ~ ~ O N ~ ~ O N ~ M ~ ~ ~ O ~ ~ ~ N N N N M M M M M ~ ~ ~ ~ ~ ~ O O O O LL cC ~ O O O O O O O O O O O O O O O O O O a~ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 v~ ao co co co co ao ~ ~ rn ~ o ao co ~ ~ ~ co rn ~ I~ ~ ~ M ~ ~ O N ~ ~ O N ~ M ~ ~ ~ O ~ ~ N N N N M M M M ~ ~ ~ ~ ~ ~ ~ (O 0 N N CO d N L ++ V L ++ ~ M N N N N N N ~ +, U a~~ ~ o ~ LL ~ 2 c O o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ '++ M (O O M I~ O ~ ~ ~ ~ M ~ ~ M N ~ O N ~ ~ N ~ ~ (O 00 O O N M ~ (O I~ M O ~ N ~ '~ ~ ~ ~ ~ ~ ~ ~ O O O O O O O ~ ~ ~ ~ N C ~ ~ ~ ~ +~+ O ~ O O ~ O ~ M M ~ N O ~ ~ O ~ O M M to L ~ O M O O N M ~ O M O ~ N ~ ~ O M O ~ ~ ~ ~ ~ ~ O O O O O O O ~ ~ ~ ~ ~ ~ ~ ~ ~ L ~ O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ M O O O O N M ~ O O N M ~ O O N M ~ O O N ~ ~ N M ~ ~ ~ (O (O I~ ~ M O O O O ~ N N M Q' ~ N N N N N N N N N N N N M M M M M M O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ A '~ ~ cC C LL y CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO y _ c c c c c c c c c c c c c c c c c c ~ ~ O O ~ ~_ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O ~ O O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ m ~ ~ ~ N N N N N N N N N N N N N N N N ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ X ~ ~ ~ ~ ~ ~ ~ ~ ~ M ~ ~ ~ ~ 00 ~ ~ M y cC ~ ~ I~ M ~ O O O ~ Q1 ~ I~ ~ ~ M N O O ~ M N O ~ ~ O ~ O ~ O ~ O ~ ~ ~ M M M O O O O ~ ~ N N N M M a~ O r r r r r r r r r O LL O ~ O O O O O O O O O O O O O O O O O O O O O O O O O O O ~ O ~ pp N (O N O O ~ (n N co N ao ~ N ~ O ~ N ~ I~ ~ M C O M N O ~ ~ O ~ O ~ ~ V O ~ O O ~ ~ N N N M O O ~ ~ ~ M M O O O 0 M N O) CO d N L ++ V L ++ ~ M N N N N N N ~ N+,U a~~ ~ o ~ LL ~ 2 c 0 0 ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ o ~ '++ (O O M (O O M I~ O ~ ~ ~ ~ M ~ ~ M N ~ ~ ~ (O 00 O ~ N M ~ O ~ O O ~ M ~ ~ ~ M '~ ~ ~ ~ ~ M M M M M M M O O O O O O O N C ~ ~ ~ ~ +~+ ~ N I~ ~ O O ~ O ~ M M ~ N (O O ~ OM ~ ~ to L ~ N ~ ~ I~ M O ~ N ~ ~ ~ M O O O O O ~ ~ M M M M M M M O O O O O O _ _ _ _ _ L r r r r r L ~ 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O I~ ~ ~ 00 ~ O I~ M O ~ ~ ~ M O ~ ~ ~ M O ~ ~ ~ ~ M ~ ~ ~ (O (O I~ M M O O O ~ ~ N N M ~ Q' ~ M M M M M M M M M M M ~ ~ ~ ~ ~ ~ ~ O U a . ~ ,~ . . c c c c c c c c c c c c c c c c c c ~ N ~ m ~ ~ a •~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ c~ y ' c c c c c c c c c c c c c c c c c c ~ ~ ~ ~ _ ~ in ~ ~_ o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n o ~n ~ 00 00 O O O O ~ ~ N N M M ~ ~ ~ ~ (O (O m ~ N N N N M M M M M M M M M M M M M M ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X M ~ I~ O M M M O ~ ~ ~ ~ ~ ~ O M M M ~ ~ ~~ ~ O ~ O ~ O O N ~ M O ~ ~ ~ ~ O O M ~ ~ ~ ~ ~ (O I~ ~ M M O O O ~ ~ N M M ~ +, ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N N N N N O O LL ~ ~ O O O O O O O O O O O O O O O O O O a O O O O O O O O O O O O O O O O O O ~ ~ ~ co 00 0 ~ rn ~ ~ oo co co co co 00 ~ ~ rn _ ~ ~ O ~ O ~ O ~ O O N ~ M O ~ ~ ~ ~ O O M ~ ~ ~ (O (O I~ ~ M M O O O ~ ~ N M M ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N N N N 0 a~ c~ d N L ++ V L ++ ~ M N N N N N N ~ N+,U a~~ ~ o ~ LL ~ 2 ~ ~ O ~n o ~n o ~n o N (O O M (O O ~ ~ ~ N M ~ (O 00 *' O O O O O O +~ O r r r r r r N C ~ ~ ' i ~ M I~ M M N O ~ ~ ~ M O ~ O O ~ L L r r r r r r r fA L I~ 00 00 O O O O ~ ~ I~ M O ~ ~ M ~ O U a . ~ ,~ c c c c c c c +, N ~ m ~ ~ a '~ ~ ~ c ~ m c~ c~ c~ c~ c~ c~ c~ y c c c c c c c a ~' ~ ~ ~ _ ~ in ~ ~ ~ o ~ o ~ o ~ o _ ~ ~ ~ ao ao ai ai o m ~ M M M M M M ~ ~# ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ X O ~ ~ M M ~ O tC ~ ~ ~ (O M O I~ ~ ~ ~ N N N N N N O O O O O LL ~ ~ O O O O O O O a O O O O O O O ~ ~ o 0o co ~ ~ ~ ~ ~ ri o co ri o ~ ~ N N N N N N N 0 a~ c~ d APPENDIX IV Florida ,..,...., „, + „,,,,..,, Metro 1 � - 200 -2010 I �;' , q�, a s a s _ s ray t 3' a )) <. , f x a _ �"' Y t , F in 7 �stt F y y `?' . S x .t mn f, , i�hL • k am, tai F z� • ,_v soaso ,.. 1. . i'?",,,N ' i - ..f.try' - .. ;,, , I _ 1 ., ._ �- Nu, m Institute for Economic Competitiveness . W,-! 12 ". 'ii g - ) -' . - ' - -:-.- ''''. . '--- College of Business Administration University of Central Florida Published March 2008 I Published quarterly by the Institute for Economic Competitiveness, College of Business Administration, University of Central Florida I Copyright © 2008 Institute for Economic Competitiveness. All rights reserved. I Publications of the Institute for Economic Competitiveness are made possible by the following staff: Dr. Sean Snaith, Director Barbie Barontini, Editor I Jeff Slanker, Researcher Amanda Silvestri, Researcher Jennifer Reid, Researcher I Nathan Goldschlag, Researcher Trina Banerji, Marketing Intern I I I I I I I I I ! Ill This forecast was prepared based upon assumptions reflecting the Institute for Economic Competitiveness' judgments as of the date it bears. Actual results could vary materially from the forecast. Neither the Institute for Economic Competitiveness nor the University of Central Florida shall be held responsible as a consequence of any such variance. Unless approved by the Institute for Economic Competitiveness, the publication or distribution of this forecast and the preparation, publication or distribution of any excerpts from this forecast are prohibited. Institute for Economic Competitiveness ' College of Business Administration University of Central Florida FLORIDA FORECAST 2008 - 2010 I March 2008 Report 1 _ J s? � &., l 6 I TABLE OF CONTENTS �' .® •�� I =`. ne/ I Florida Summary 6 -10 o °► ' 12 -17 1 Florida Forecast Tables I Florida Forecast Charts 19 -26 I Florida News Summaries 27 29 -33 Deltona- Daytona Beach - Ormond Beach I Gainesville 34 -38 t Jacksonville 39 -43 I Lakeland 49 -53 44 -48 � Miami -Fort Lauderdale -Miami Beach I 54 -58 a Naples -Marco Island I Ocala 59 -63 , �„ I 64 -b8 Orlando- Kissimmee Palm Bay - Melbourne - Titusville 69 -73 li I Pensacola -Ferry Pass -Brent 74 -78 ', ' I 79 -83 Tallahassee 84 -88 I Tampa -St. Petersburg - Clearwater I icy Industry Location Quotient 89 90 Definitions I I FLORIDA SUMMARY U .S. ECONOMY CURRENTLY I UNDERGOING A MILD RECESSION The housing bust has been compounded by a credit ■ crunch, or the unwillingness of lenders to make 4 1 loans, that was precipitated by the sub -prime related I.. :.._ ti f meltdown of mortgage - backed securities. This credit i, l .-` "'" ' crunch has worsened the housing situation and I vs A '.:3. prolonged the time that it is going to take for the housing sector to get back into balance. As if this were i not enough for the economy to bear, throw in record prices for energy, and you have a very toxic potion in I - I a � ' � , . � ;,- the ca that is the U.S. economy. l _ �._ Something wicked this way comes indeed — a K. 7 ' :,: recession for the U.S. economy. The U.S. economy has slipped into a mild recession that will encompass the first six or seven months of 2008. I The Fed has already taken fairly dramatic action DOUBLE, DOUBLE TOIL AND TROUBLE to stimulate the economy, to free seized -up credit I FIRST THERE CAME THE HOUSING BUBBLE markets, and to avert a stock market crash — and it doesn't appear that they are done cutting interest rates MORTGAGES OF SUB -PRIME AND LIAR'S LOANS, or pumping liquidity (bank reserves) into the system. This will not start to affect spending until the third CONDO FLIPPING AND PRODUCTION HOMES. quarter of 2008 along with the fiscal stimulus package that will put tax rebates in consumer's hands starting ' OIL BY BARREL AT DIZZYING HEIGHT in May or June. These policies were the correct moves CONSUMER CONFIDENCE HAS TAKEN FLIGHT to stimulate the economy but did not come in time to avert a recession, but they should ensure that this I recession is short and shallow. BILLIONS IN CDO'S DEFAULT The Bernanke Fed does not have the leisure of I CENTRAL BANK'S OPENED VAULT cutting short -term interest rates to 1.0% and leaving them there for a year like Greenspan's Fed (it was 2.0% TOO LITTLE, TOO LATE SOME MAY SAY or lower for four years). Greenspan had the luxury I of only having to worry about economic growth. THE WORST IS CURRENTLY UNDERWAY Bernanke has a two - headed hydra to slay: one head being recession and the other (the real threat) being I SIX MONTHS OF DECLINE IS THE RULE OF THUMB inflation. The Fed is currently erring on the side of stimulating growth, but it may very well have to make SOMETHING WICKED THIS WAY COMES an abrupt about face and start raising interest rates I once the recession has ended. Hannah Montana may have the "best of both worlds," but Ben Bernanke has the worst of both right now. I I 6 Florida & Metro Forecast - March 2008 I FLORIDA SUMMARY I THROUGH A GLASS DARKLY A TAXING APPROACH TO I POLICYMAKING The housing market was in freefall for virtually all of I 2007, but monthly Florida employment data painted Amendment I passed, and it jumpstarted the a consistent picture. It showed an economy that was housing sector, right? Right? Amendment I was just losing jobs in sectors tied directly to the housing what we needed to get the economy going again, so I industry but, due to job growth in those sectors with we were told. I am not sure how anyone campaigning less direct links to the housing sector, overall payroll for this amendment could have said those things employment growth persisted for the full year. The with a straight face. If you jump -start a car without a I Institute's forecasts of the Florida economy were, of transmission, you still won't be getting very far. The course, built on the best data available at the forecast's housing sector continues to languish in Florida. release date. As it turns out, we were viewing the In the end, it came down to people voting to give I Florida economy through a glass darkly. themselves a small amount of money, which is usually To paraphrase Donald Rurnsfeld, former U.S. popular with most voters. I still believe that portability Secretary of Defense, you forecast with the data you is unconstitutional and understand that it is being have, not the data you wish you had. I say the data you challenged in the courts. I hope these are competent wished you had because, as it turned out... attorneys, but you would think this would be a slam - On the first Friday in March, the State of Florida dunk case. released preliminary job data for January and the The next nugget of economic policy coming out of revised data for 2007 (benchmarked to the full data Tallahassee is courtesy of the once - every- twenty -years !' and available via tax records as opposed to the survey- extremely mysterious Florida Taxation and Budget based monthly estimates) that revealed job losses on Reform Commission. The commission has floated a companies' payrolls had been de rigueur since August proposal to reduce property taxes by eliminating the I 2007. This was again revised from preliminary reports required local effort component of property taxes of job growth that had continued despite the housing that is used to fund schools and replacing it with an slump through the end of 2007. A new picture then additional penny of sales tax. I emerged, not of an economy that was powerin The Commission paid two different consulting firms forward despite the housing correction but, rather, one to do an economic analysis of the proposal, and the I that was struggling mightily under this extraordinary conclusions reached by each of these analyses couldn't burden. have been more different. We will leave an in -depth In light of this revised data, the descent of the analysis of this proposal and the consultants' reports I national economy into recession, albeit a mild one, about this proposal for a future forecast, but this and the extent of the credit crunch revealed by the proposal is another example of Florida's approach to spectacular collapse of Bear Stearns, we have revised policy making that is insufficient for an economy of I downward our forecast for Florida. The burden of this size. the housing bust was always going to be an issue for I Florida, policy is proposed and voted on without Florida, given the extent of the housing boom that the benefit of non partisan, unbiased economic preceded it. However, the credit market problems analysis. Sometimes policy is proposed and voted prolong the misery of this housing hangover as well as on without any economic analysis at all. Florida's prolong the time it will take for Florida to emerge on economy is too big and is growing increasingly more I the other side of this economic slowdown. complex to continue to make economic policy through trial and error. Florida needs an office to provide I budgetary oversight as well as economic analyses and I Institute for Economic Competitiveness 7 FLORIDA SUMMARY I unbiased policy evaluations. At a minimum, this • Real Gross State Product growth slows to just would provide an alternative to the current "hired 1.1% in 2008 before recovering to average 2.6% gun" method of policy scrutiny. growth in 2009 and accelerating to 4.2% in It's time to grow up, Florida; you can run a soon -to- 2010. be trillion - dollar economy like a mom & pop corner • Unemployment rates rise through the first half store. To be continued. of 2009, stabilizing at 5.3% before declining I slightly in 2010. HIGHLIGHTS O F THE • Personal income growth decelerates from 6.2% FLORIDA FORECAST in 2007 to 4.5% in 2008; growth slides further I 2008-2010 in 2009 to 3.0% and drifts upward from there to hit 5.1% in 2010. I • Something wicked this way comes: The U.S. in a mild recession that will last into June or July. • Retail sales to contract in the 2nd quarter of 2008 and then jump up in the 3rd quarter • Payroll employment forecasted to shrink 0.1% of 2008 thanks to tax rebate checks before ' in 2008, with meager growth of 0.8% in 2009 decelerating through the 2nd quarter of 2009. before finally resuming a Florida -like pace of The second half of 2009 will see a pickup in 1 2.1% in 2010. retail spending growth. Over the 2009 -2010 time frame, retail sales will grow at an average • High- growth sectors during 2008 -2010 pace of 5.7 %. forecasted to include Professional and Business II Services (3.0 %), Transportation, Warehousing and Utility (1.2 %), and Education and Health OUTLOOK FOR FLORIDA I Services (2.4%). 2008 -2010 • Florida's housing sector bottoms out in Q3 of 2008. Housing starts have dove to a depth that GROSS STATE PRODUCT will prohibit a rapid ascent. By 2010, starts will The Florida economy will see decelerating growth have recovered but at levels that will be half the through the first three quarters of 2008. Aggregate peak level reached in 2005. output of the state's real Gross State Product (GSP), I . Housing starts hit their nadir in 2008, but by the state -level analogue to real Gross Domestic 2010, housing starts will have returned to the Product, expanded at a rate of 5.0% in 2007. From same levels they were at the start of the decade. 2008 to 2010, real GSP will grow at an average rate of just 2.6 %. During this period, growth will be the • The still surplus of houses and tight credit will strongest in 2010 at 4.2 %, after slowing to 1.1% in conspire to cause further declines in prices in 2008 and rising again to 2.6% in 2009. This predicted most parts of Florida. level of growth is above the real GDP growth rate forecast for the national economy during the same I • The Construction sector continues to shed jobs o time period (2.1 /o). in 2008, but job losses ease in 2009, and for the first time since 2006, this sector will add jobs in Nominal Gross State Product is expected to reach 2010. nearly $858 billion by 2010, as Florida continues closing in on becoming a trillion- dollar economy, a threshold we expect Florida to cross in 2013. I I 8 Florida & Metro Forecast - March 2008 I FLORIDA SUMMARY I PERSONAL INCOME, RETAIL Retail spending will reach $291 billion in 2009 and I SALES, AND AUTO SALES exceed $307 billion the following year Personal income growth will continue to decelerate The persistence of gasoline prices over the $3 -per- I through the rest of 2008, with growth averaging 4.9% gallon level and a general souring of consumer during 2008 -2010. Growth will begin strengthen confidence continue to hamper purchases of trucks in 2009 and then further in 2010. Real disposable and SUVs. Vehicle fuel efficiency remains an income is expected to grow an average of 2.7% per important characteristic in the decision to purchase year from 2008 through 2010 after another spike in new vehicles for consumers. inflation, and the housing slump depresses growth in A large decline in energy prices is not in the cards, 2008 to 2.4% and then to 2.1% in 2009. In 2010, and the general slowing of the economy will conspire receding price inflation and a resurgent economy will, to bring new passenger car and truck registrations once again, power real disposable income growth of down for a third straight year in 2008. Domestic I 3.8 %, which is an above - average growth rate during auto dealers will increasingly have to offer incentives, the previous 10 years. while recent interest rate cuts by the Federal Reserve Record highs for energy prices, coupled with surging Bank will facilitate low- or no- interest financing as property taxes and property insurance rates, will another way to get consumers to purchase vehicles continue to be a drain on Floridian's budgets. This over the next year. After three years of declines, we are year, gasoline prices have rocketed past the $3 -per forecasting new vehicle registrations to grow slowly gallon mark, and, currently, are hovering near all-time again in 2009, but total registrations will only be at highs. Energy prices have behaved in an unusual, 1996 levels. i countercyclical manner. At a time when the U.S. economy has slowed prolifically, energy prices have continued to rise. This rise is occurring, unfortunately, EMPLOYMENT ' before the start of the summer driving season, which Payroll employment growth in the state is expected tends to be a time of peak demand and, thus, peak to shrink by 0.1% for 2008; this figure is compared prices. As this season rolls around, the surge in price to expected national job growth of 0.6% for the same will begin from an already high platform. This makes year. For the next two years of our forecast horizon, the prospect of $4.00 - per - gallon gasoline a real employment growth should continue to outpace possibility. that of the nation overall (0.8% U.S. average payroll I High energy prices, the abysmal housing marke employment growth, 2009 -2010) and will average rising property taxes, and property insurance has 1.5% in Florida. The growth rate will accelerate from worked to erode Florida's consumer confidence and the second half of 2009 through 2010, and new jobs spending to some extent. This will lead to the slowest will be created at an annual rate of just 0.8% in 2009 growth in retail spending since the aftermath of the before growth surges ahead to 2.1% in 2010. 2001 recession, with 2008 growth of just 2.3 %. The The Construction sector, which had experienced II slowdown in spending growth will be pronounced blistering double -digit growth during the housing at the beginning of the year thanks to the downward boom, will continue to show the effects of the pull of the above mentioned factors. Consumers will significant slump in the housing market. Housing begin spending more freely again in the second half starts have fallen dramatically and are expected to of 2008, fueled by tax rebate checks that should start decline further and hit bottom in the latter half of I hitting mailboxes in late May. 2009 -2010 will see a 2008. Cumulative job losses could approach 83,000 by steady acceleration of retail spending, during which, the end of 2009, after which a slow, deliberate recovery the annual average growth of retail sales will be 4.7 %. in homebuilding is expected to begin. Job growth will I I FLORIDA SUMMARY 111 not reappear in this sector until 2010 when growth is U N E M P L O Y M E N T I expected hits just 1.1% in that year. The overall level Unemployment rates in the state averaged of employment in 2010 will be around the same level unsustainable sub -4.0% levels in 2005 and 2006, as the pre- housing boom employment level in 2004. putting Florida's unemployment rate a full percentage III the Professional and Business Services sector is a point below the U.S. unemployment rate. This was sector that, once the economy gets past the recession, driven by the white -hot housing sector, and as housing I will continue to show robust growth in Florida. has continued to slump, the gap between Florida's and 2008 growth will be slightly negative, with job losses the U.S, unemployment levels conrinnes to narrow. through the first three quarters of the year. Growth The unemployment rate will continue to rise gradually I is expected to come in at 2.5% in 2009, and we are rise to 5.0% in 2008. Unemployment rates in the forecasting this growth to accelerate, along with the state will continue to remain below unemployment overall economy, to 6.6% in 2010. rates at the national level, which are expected to rise 1 The Transportation, Warehousing, and Utility to 5.7% and fall back to 5.6% from 2008 to 2010. sector should also see growth in 2008 through 2010, Job losses in a few sectors will put upward pressure with growth rising to 0.4% in 2008 to 0.8% in on unemployment rates, but growth in other sectors I 2009 before further accelerating to 2.4% in 2010. should be able to absorb a portion of this excess labor. The Transportation, Warehousing, and Utility sector Florida's unemployment rate is expected to hit 5.3% in growth has been challenged by record energy prices 2009 before easing slightly in 2010. in the past couple of years. As energy prices settle in the future and as the economy enjoys a rebound from 1 the housing woes, this sector will enjoy a lift. This sector will be further buoyed by continued growth in international trade. I Manufacturing will continue to contract in Florida and throughout the nation as well. Between 2008 and 2009, an additional 10,500 jobs will be lost. The two 1 factors that continue to drive the fall in manufacturing employment are continuing competition from I emerging economies and increasing productivity of labor. The weak dollar is also helping U.S. - manufactured goods to gain some competitiveness overseas in the midst of this sector's contraction. The I hemorrhaging of jobs from this sector will have slowed in 2009, and we are predicting that job losses will not I impact this sector in 2010, as employment remains essentially flat from 2009 levels. In this sector, that is as close as you get to good news. I I I I 10 Florida & Metro Forecast - March 2008