<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40">
<head>
<meta http-equiv="Content-Type" content="text/html; charset=us-ascii">
<meta name="Generator" content="Microsoft Word 15 (filtered medium)">
<!--[if !mso]><style>v\:* {behavior:url(#default#VML);}
o\:* {behavior:url(#default#VML);}
w\:* {behavior:url(#default#VML);}
.shape {behavior:url(#default#VML);}
</style><![endif]--><style><!--
/* Font Definitions */
@font-face
{font-family:Helvetica;
panose-1:2 11 6 4 2 2 2 2 2 4;}
@font-face
{font-family:Wingdings;
panose-1:5 0 0 0 0 0 0 0 0 0;}
@font-face
{font-family:"Cambria Math";
panose-1:2 4 5 3 5 4 6 3 2 4;}
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0in;
margin-bottom:.0001pt;
font-size:11.0pt;
font-family:"Calibri",sans-serif;
color:windowtext;}
a:link, span.MsoHyperlink
{mso-style-priority:99;
color:#0563C1;
text-decoration:underline;}
a:visited, span.MsoHyperlinkFollowed
{mso-style-priority:99;
color:#954F72;
text-decoration:underline;}
span.EmailStyle17
{mso-style-type:personal-compose;
font-family:"Calibri",sans-serif;
color:windowtext;}
.MsoChpDefault
{mso-style-type:export-only;}
@page WordSection1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
{page:WordSection1;}
/* List Definitions */
@list l0
{mso-list-id:632442252;
mso-list-type:hybrid;
mso-list-template-ids:1344595082 67698689 67698691 67698693 67698689 67698691 67698693 67698689 67698691 67698693;}
@list l0:level1
{mso-level-number-format:bullet;
mso-level-text:\F0B7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Symbol;}
@list l0:level2
{mso-level-number-format:bullet;
mso-level-text:o;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:"Courier New";}
@list l0:level3
{mso-level-number-format:bullet;
mso-level-text:\F0A7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Wingdings;}
@list l0:level4
{mso-level-number-format:bullet;
mso-level-text:\F0B7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Symbol;}
@list l0:level5
{mso-level-number-format:bullet;
mso-level-text:o;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:"Courier New";}
@list l0:level6
{mso-level-number-format:bullet;
mso-level-text:\F0A7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Wingdings;}
@list l0:level7
{mso-level-number-format:bullet;
mso-level-text:\F0B7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Symbol;}
@list l0:level8
{mso-level-number-format:bullet;
mso-level-text:o;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:"Courier New";}
@list l0:level9
{mso-level-number-format:bullet;
mso-level-text:\F0A7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Wingdings;}
@list l1
{mso-list-id:1199128615;
mso-list-type:hybrid;
mso-list-template-ids:-829884708 67698689 67698691 67698693 67698689 67698691 67698693 67698689 67698691 67698693;}
@list l1:level1
{mso-level-number-format:bullet;
mso-level-text:\F0B7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Symbol;}
@list l1:level2
{mso-level-number-format:bullet;
mso-level-text:o;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:"Courier New";}
@list l1:level3
{mso-level-number-format:bullet;
mso-level-text:\F0A7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Wingdings;}
@list l1:level4
{mso-level-number-format:bullet;
mso-level-text:\F0B7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Symbol;}
@list l1:level5
{mso-level-number-format:bullet;
mso-level-text:o;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:"Courier New";}
@list l1:level6
{mso-level-number-format:bullet;
mso-level-text:\F0A7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Wingdings;}
@list l1:level7
{mso-level-number-format:bullet;
mso-level-text:\F0B7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Symbol;}
@list l1:level8
{mso-level-number-format:bullet;
mso-level-text:o;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:"Courier New";}
@list l1:level9
{mso-level-number-format:bullet;
mso-level-text:\F0A7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Wingdings;}
@list l2
{mso-list-id:1635257496;
mso-list-type:hybrid;
mso-list-template-ids:-2025845016 67698689 67698691 67698693 67698689 67698691 67698693 67698689 67698691 67698693;}
@list l2:level1
{mso-level-number-format:bullet;
mso-level-text:\F0B7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Symbol;}
@list l2:level2
{mso-level-number-format:bullet;
mso-level-text:o;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:"Courier New";}
@list l2:level3
{mso-level-number-format:bullet;
mso-level-text:\F0A7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Wingdings;}
@list l2:level4
{mso-level-number-format:bullet;
mso-level-text:\F0B7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Symbol;}
@list l2:level5
{mso-level-number-format:bullet;
mso-level-text:o;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:"Courier New";}
@list l2:level6
{mso-level-number-format:bullet;
mso-level-text:\F0A7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Wingdings;}
@list l2:level7
{mso-level-number-format:bullet;
mso-level-text:\F0B7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Symbol;}
@list l2:level8
{mso-level-number-format:bullet;
mso-level-text:o;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:"Courier New";}
@list l2:level9
{mso-level-number-format:bullet;
mso-level-text:\F0A7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Wingdings;}
ol
{margin-bottom:0in;}
ul
{margin-bottom:0in;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1028" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]-->
</head>
<body lang="EN-US" link="#0563C1" vlink="#954F72">
<div class="WordSection1">
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black">I received a couple updates on what’s included in the economic relief bill and the spending bill. It looks like 501c6’s will now be eligible for PPP in addition to 501c3’s. Here’s
a summary I received from Americans for Arts:<o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black">Last night the U.S. House of Representatives and Senate passed a <b>$2.3 trillion</b> combined bill that includes the <b>$900 billion Coronavirus economic relief bill</b> and a <b>$1.4
trillion Omnibus</b> FY21 spending bill to keep the government running through September. The bill now heads to the President’s desk to sign into law.<o:p></o:p></span></p>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black">Extensions of Pandemic Unemployment Benefits:<o:p></o:p></span></p>
<ul type="disc">
<li style="color:black;mso-list:l0 level1 lfo1"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">For salaried/hourly workers, the Pandemic Emergency Unemployment Compensation (PEUC) program has been extended to April 5, 2021, once the applicant
exhausts their state Unemployment Insurance (UI).<o:p></o:p></span></li><li style="color:black;mso-list:l0 level1 lfo1"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">All recipients of unemployment, including qualified self-employed gig works, will receive an extra $300/week in unemployment benefits for 11 weeks,
beginning the week of December 27, 2020 to March 14, 2020. If a PUA recipient has not yet exhausted a full 50 weeks of unemployment benefits, they can continue receiving benefits until April 5th.<o:p></o:p></span></li><li style="color:black;mso-list:l0 level1 lfo1"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">“Mixed earners” with 1099/W2 income who were ineligible for PUA originally will now be eligible if they can show at least $5,000 in self-employment
income in 2019. They will also receive a weekly bonus of $100 (a total of $400 extra weekly benefits) for the duration of their state UI/PEUC benefits.<o:p></o:p></span></li><li style="color:black;mso-list:l0 level1 lfo1"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">States are given the ability to waive collecting overpayments of unemployment in cases where the claimant is not at fault or if repayment would be
contrary to equity and good conscience.<o:p></o:p></span></li></ul>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Pandemic Relief Package Highlights Include:<o:p></o:p></span></p>
<ul type="disc">
<li style="mso-list:l2 level1 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Second round of IRS Direct Stimulus Checks at $600/person (phasing out after $75K AGI for single filers and $150K AGI for joint filers based on your 2019 tax
return). Additional $600/child for eligible dependents. Treasury will process electronic deposits within 7 days of the President signing the bill.<o:p></o:p></span></li><li style="mso-list:l2 level1 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">$284 billion for first and second draw of Paycheck Protection Program forgivable loans. No fee to apply.
<o:p></o:p></span></li><ul type="circle">
<li style="mso-list:l2 level2 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Eligibility: Remains available for Schedule C gig and self-employed workers, Nonprofits & Corporations with a maximum of 300 employees.
<o:p></o:p></span></li><ul type="square">
<li style="mso-list:l2 level3 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Priority given to first time loan applicants, minority businesses, recipients with 10 or fewer employees, businesses located in low and moderate income neighborhoods<o:p></o:p></span></li><li style="mso-list:l2 level3 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Must has proven revenue loss of 25% or more in one of the four quarters in 2020 compared to the same quarter in 2019. Seasonal companies can pick a customized
12-week period.<o:p></o:p></span></li><li style="mso-list:l2 level3 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Maximum loan amount of $2 million.
<o:p></o:p></span></li><li style="mso-list:l2 level3 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Destination marketing firms, news media companies, and 501(c)(6) nonprofit organizations are now eligible to apply.<o:p></o:p></span></li><li style="mso-list:l2 level3 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Must have been in business operation no later than February 15, 2020.<o:p></o:p></span></li><li style="mso-list:l2 level3 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Cannot also receive one of the new Shuttered Live Venue Grants<o:p></o:p></span></li></ul>
<li style="mso-list:l2 level2 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Deadline to apply: March 31, 2021 (Treasury to release guidelines in early January.)
<o:p></o:p></span></li><ul type="square">
<li style="mso-list:l2 level3 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">No need to certify forgiveness of first loan before applying for second loan/draw.<o:p></o:p></span></li></ul>
<li style="mso-list:l2 level2 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Covered Period: 8 to 24 weeks.
<o:p></o:p></span></li><li style="mso-list:l2 level2 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Loan Amount: Avg monthly payroll x 2.5 months. Restaurants & Lodging can multiply by 3.5 months.<o:p></o:p></span></li><li style="mso-list:l2 level2 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Covered Expenses: Still must certify minimum of 60% for payroll & maximum of 40% for non-payroll.<o:p></o:p></span></li><li style="mso-list:l2 level2 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Covered Non-Payroll Cost Categories Expanded for New and Old PPP Loans:
<o:p></o:p></span></li><ul type="square">
<li style="mso-list:l2 level3 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Operations costs for software and cloud servers for accounting, inventory, delivery, etc.<o:p></o:p></span></li><li style="mso-list:l2 level3 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Property damage costs related to vandalism due to public disturbances in 2020<o:p></o:p></span></li><li style="mso-list:l2 level3 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Supply costs of goods that were essential to the business and had pre-existing contracts<o:p></o:p></span></li><li style="mso-list:l2 level3 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Worker protection costs, both operating and capital costs needed to comply with CDC, HHS, OSHA, and/or local and state government health ordinances.<o:p></o:p></span></li><li style="mso-list:l2 level3 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Still includes the original non-payroll covered costs for rent, interest, and utilities.<o:p></o:p></span></li></ul>
<li style="mso-list:l2 level2 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Covered Payroll Costs Expanded for New and Old PPP Loans to include group life, disability, vision, dental & health insurance<o:p></o:p></span></li><li style="mso-list:l2 level2 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">A new one-page Forgiveness Application will be issued within 24 days of enactment to further simplify old and new PPP loans up to $150,000<o:p></o:p></span></li><li style="mso-list:l2 level2 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Tax Bonus applicable to Both New and Old PPP Loans:
<o:p></o:p></span></li><ul type="square">
<li style="mso-list:l2 level3 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Forgiven PPP loans should not be included in the recipient’s gross income<o:p></o:p></span></li><li style="mso-list:l2 level3 lfo2"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">PPP funds used to pay for covered business expenses can still be fully tax deducted<o:p></o:p></span></li></ul>
</ul>
</ul>
<ul type="disc">
<li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">$20 billion to replenish new Economic Industry Disaster Loans (EIDL) Advances through the Small Business Administration
<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">EIDL Advances would not be included in recipient’s taxable gross income<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Extends the Employee Retention Tax Credit through 7/1/2021<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">$7 billion for Broadband Internet access across the country<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">$10 billion for Childcare Assistance<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Funds for speedy, equitable and free Vaccine Distribution<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Paid Sick and Family Leave Employer Tax Credit extended.<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">$25 billion in Rental Assistance for individuals who lost their income due to the pandemic. Additionally, Eviction Protection would be extended to January 31,
2021.<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">$13 billion for SNAP Food Assistance programs<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">$82 billion for Education Financial Aid & expansion of Pell Grants; $10 billion for childcare<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">$28 billion for speedy, equitable and free COVID-19 Vaccinations and distribution.<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">$20 billion for states to expand COVID-19 Testing.<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Re-establishes the $300 above-the-line charitable tax deduction to now allow a $600 deduction for taxpayers filing jointly instead of limiting it to only $300
per tax return.<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">While Economic Relief Block Grants for state, local and tribal governments are not included in this bill, there are several programs that will provide assistance,
including costs for health, transportation, schools, testing.<o:p></o:p></span></li></ul>
<p><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">New Program of Grants for Shuttered Live Venue Operations for live entertainment venues, cultural institutions, and agents<o:p></o:p></span></p>
<ul type="disc">
<li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">$15 billion to support live entertainment venues, agents, cultural institutions such as theaters and museums with 500 or fewer FTE employees and cannot also
apply for a new PPP loan.<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">$2 billion of these funds are reserved for entities with 50 or fewer FTE employees.<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Initial grant can total up to $10 million per eligible business. A supplemental second grant, worth half the amount of the first, may also be available if funds
are available.<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Grant amount based on 45% of recipient’s 2019 gross earned revenue.<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Priority in the first 14 days are given to those businesses who have faced 90% or more of losses of earned revenue between 4/1/20 to 12/31/20, compared to the
same time period in 2019.<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Priority for the next 14 days are given to those companies who faced 70% or more of losses of earned revenue between 4/1/20 to 12/31/20, compared to the same
time period in 2019.<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Special formula allowances available for seasonal businesses.<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">20% Funding reserve for applications after these two 14-day priority periods for the hardest hits companies.<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Funds can be used to cover all the same new covered costs of a PPP loan plus payments to independent contractors (not to exceed $100K annual pay), maintenance
costs, licensing, insurance premiums, advertising, theatrical production costs, and capital expenditures incurred 3/1/20 to 12/31/21.<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Business entity must have been in operation on or before 1/1/19.<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Recipient would not include grant funds in their taxable gross income.<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Grant funds cannot be used to purchase real estate, pay loans taken out after 2/15/20, investment or re-lend, or for electoral activity and lobbying expenditures.<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Applications are made to the SBA and the SBA Administrator to issue guidance within 21 days of bill’s enactment.<o:p></o:p></span></li><li style="mso-list:l1 level1 lfo3"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Specific definitions and formulas for eligibility can be found on page 2124 of the bill pdf.<o:p></o:p></span></li></ul>
<p><o:p> </o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="597" style="width:447.5pt;border-collapse:collapse">
<tbody>
<tr style="height:23.2pt">
<td width="82" style="width:61.55pt;padding:0in .05in 0in .7pt;height:23.2pt">
<p class="MsoNormal" style="margin-right:-.45pt"><!--[if gte vml 1]><v:shapetype id="_x0000_t75" coordsize="21600,21600" o:spt="75" o:preferrelative="t" path="m@4@5l@4@11@9@11@9@5xe" filled="f" stroked="f">
<v:stroke joinstyle="miter" />
<v:formulas>
<v:f eqn="if lineDrawn pixelLineWidth 0" />
<v:f eqn="sum @0 1 0" />
<v:f eqn="sum 0 0 @1" />
<v:f eqn="prod @2 1 2" />
<v:f eqn="prod @3 21600 pixelWidth" />
<v:f eqn="prod @3 21600 pixelHeight" />
<v:f eqn="sum @0 0 1" />
<v:f eqn="prod @6 1 2" />
<v:f eqn="prod @7 21600 pixelWidth" />
<v:f eqn="sum @8 21600 0" />
<v:f eqn="prod @7 21600 pixelHeight" />
<v:f eqn="sum @10 21600 0" />
</v:formulas>
<v:path o:extrusionok="f" gradientshapeok="t" o:connecttype="rect" />
<o:lock v:ext="edit" aspectratio="t" />
</v:shapetype><v:shape id="Picture_x0020_2" o:spid="_x0000_s1027" type="#_x0000_t75" alt="New Picture (1)" style='position:absolute;margin-left:-.7pt;margin-top:-15.9pt;width:57.25pt;height:63.25pt;z-index:-251657216;visibility:visible;mso-wrap-style:square;mso-width-percent:0;mso-height-percent:0;mso-wrap-distance-left:9pt;mso-wrap-distance-top:0;mso-wrap-distance-right:9pt;mso-wrap-distance-bottom:0;mso-position-horizontal:absolute;mso-position-horizontal-relative:text;mso-position-vertical:absolute;mso-position-vertical-relative:text;mso-width-percent:0;mso-height-percent:0;mso-width-relative:page;mso-height-relative:page'>
<v:imagedata src="cid:image001.png@01D6D83B.F2CD28D0" o:title="New Picture (1)" />
<w:wrap type="tight"/>
</v:shape><![endif]--><![if !vml]><img width="76" height="84" style="width:.7916in;height:.875in" src="cid:image001.png@01D6D83B.F2CD28D0" align="left" hspace="12" alt="New Picture (1)" v:shapes="Picture_x0020_2"><![endif]><span style="color:#1F497D"><o:p></o:p></span></p>
</td>
<td width="515" style="width:385.95pt;padding:0in .05in 0in .7pt;height:23.2pt">
<p class="MsoNormal"><span style="font-size:7.0pt;color:#4F6228;letter-spacing:2.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:10.0pt;color:#4F6228"><o:p> </o:p></span></b></p>
<p class="MsoNormal"><b><span style="font-size:10.0pt;color:#4F6228">Sheri Stuart
</span></b><b><span style="font-size:8.0pt;color:#4F6228">(she, her, hers) </span>
</b><span style="font-size:10.0pt;color:gray">| Oregon Main Street Coordinator</span><b><span style="font-size:10.0pt;color:#4F6228"><o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span style="font-size:3.0pt;color:#A6A6A6">___________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:gray">Oregon Heritage, Oregon Parks and Recreation Department<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:gray">Desk: (503)986-0679 cell: (503)551-3705<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:gray">www.oregonmainstreet.org<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:gray">725 Summer St NE, Ste C<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:gray">Salem, Oregon 97301<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
</td>
</tr>
</tbody>
</table>
<p class="MsoNormal" style="margin-bottom:8.0pt;line-height:105%"><!--[if gte vml 1]><v:shape id="Picture_x0020_7" o:spid="_x0000_s1026" type="#_x0000_t75" style='position:absolute;margin-left:60.25pt;margin-top:1.5pt;width:135.3pt;height:66.05pt;z-index:-251656192;visibility:visible;mso-wrap-style:square;mso-width-percent:0;mso-height-percent:0;mso-wrap-distance-left:9pt;mso-wrap-distance-top:0;mso-wrap-distance-right:9pt;mso-wrap-distance-bottom:0;mso-position-horizontal:absolute;mso-position-horizontal-relative:text;mso-position-vertical:absolute;mso-position-vertical-relative:text;mso-width-percent:0;mso-height-percent:0;mso-width-relative:page;mso-height-relative:page'>
<v:imagedata src="cid:image002.jpg@01D6D83B.F2CD28D0" o:title="" />
<w:wrap type="tight"/>
</v:shape><![endif]--><![if !vml]><img width="181" height="88" style="width:1.8833in;height:.9166in" src="cid:image003.jpg@01D6D83B.F2CD28D0" align="left" hspace="12" v:shapes="Picture_x0020_7"><![endif]><o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
</div>
</body>
</html>