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<DIV><SPAN class=254243420-20042011><FONT face=Arial>Here is the point matrix
for the grants over 20%. Please look it over and let me know if you have
any questions by Monday May 2, 2011.</FONT></SPAN></DIV>
<DIV><SPAN class=254243420-20042011><FONT face=Arial></FONT></SPAN> </DIV>
<DIV><SPAN class=254243420-20042011><FONT face=Arial>Also, I got the final
numbers for the spring 2011 funding cycle.</FONT></SPAN></DIV>
<DIV><SPAN class=254243420-20042011></SPAN> </DIV>
<DIV><SPAN class=254243420-20042011><FONT face=Arial>December 2010 Fund
Balance<SPAN style="mso-tab-count: 1"> <SPAN
class=254243420-20042011>
</SPAN></SPAN>$192,277</FONT></SPAN></DIV>
<DIV><SPAN class=254243420-20042011><FONT face=Arial>March 2011 Deposit<SPAN
style="mso-tab-count: 1"> <SPAN
class=254243420-20042011> </SPAN> <SPAN
class=254243420-20042011>$184,408</SPAN></SPAN></FONT></SPAN></DIV>
<DIV><SPAN class=254243420-20042011><SPAN style="mso-tab-count: 1"><SPAN
class=254243420-20042011></SPAN></SPAN><FONT face=Arial>Contract Reversions<SPAN
style="mso-tab-count: 1"> </SPAN><SPAN
style="mso-tab-count: 1"> <SPAN
class=254243420-20042011> </SPAN> <SPAN
class=254243420-20042011> </SPAN></SPAN>$23,855</FONT></SPAN></DIV>
<DIV><SPAN class=254243420-20042011><FONT face=Arial>Funded Contracts<SPAN
style="mso-tab-count: 2"> <SPAN
class=254243420-20042011> </SPAN></SPAN>
$10,800</FONT></SPAN></DIV>
<DIV><SPAN class=254243420-20042011><FONT face=Arial>Tools Group Funding<SPAN
style="mso-tab-count: 2">
</SPAN>$0</FONT></SPAN></DIV>
<DIV><SPAN class=254243420-20042011><FONT face=Arial>Admin Costs<SPAN
style="mso-tab-count: 2"> <SPAN
class=254243420-20042011> </SPAN> <SPAN
class=254243420-20042011>$23,990</SPAN></SPAN></FONT></SPAN></DIV>
<DIV><SPAN class=254243420-20042011><SPAN style="mso-tab-count: 2"><SPAN
class=254243420-20042011></SPAN></SPAN><U><FONT face=Arial>Total Fund
Balance<SPAN
style="mso-tab-count: 2"> <SPAN
class=254243420-20042011> </SPAN><SPAN
class=254243420-20042011>$365,750</SPAN></SPAN></FONT></U></SPAN></DIV>
<DIV><SPAN class=254243420-20042011><SPAN style="mso-tab-count: 2"><SPAN
class=254243420-20042011><FONT
face=Arial></FONT></SPAN></SPAN></SPAN> </DIV>
<DIV><SPAN class=254243420-20042011><SPAN style="mso-tab-count: 2"><SPAN
class=254243420-20042011></SPAN></SPAN><FONT face=Arial>Spring 2011 Grants:<SPAN
style="mso-tab-count: 2">
</SPAN>$703,032</FONT></SPAN></DIV>
<DIV><SPAN class=254243420-20042011><FONT
face=Arial>Difference <SPAN> <STRONG><SPAN
class=254243420-20042011><FONT
color=#ff0000> -$337,282</FONT></SPAN></STRONG></SPAN></FONT></DIV>
<P style="MARGIN: 0in 0in 0pt" class=MsoNormal><?xml:namespace prefix = o ns =
"urn:schemas-microsoft-com:office:office" /><o:p><FONT
face=Arial> </FONT></o:p></P>
<UL style="MARGIN-TOP: 0in" type=disc>
<LI
style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo1; tab-stops: list .5in"
class=MsoNormal><FONT face=Arial>Spring 2011 20% limit <SPAN
style="mso-tab-count: 2">
</SPAN>$7<SPAN class=254243420-20042011>3,150</SPAN></FONT></LI>
<LI
style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo1; tab-stops: list .5in"
class=MsoNormal><FONT face=Arial>Spring 2011 3% limit<SPAN
style="mso-tab-count: 2">
</SPAN>$11,731</FONT></LI></UL>
<DIV style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo1; tab-stops: list .5in"
class=MsoNormal><SPAN class=254243420-20042011><FONT
face=Arial>Thanks,</FONT></SPAN></DIV>
<DIV style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo1; tab-stops: list .5in"
class=MsoNormal><SPAN class=254243420-20042011><FONT
face=Arial>Phil</FONT></SPAN></DIV>
<DIV style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo1; tab-stops: list .5in"
class=MsoNormal><SPAN class=254243420-20042011></SPAN></SPAN> </DIV>
<DIV class=Section1>
<P align=left><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt">***************CONFIDENTIALITY
NOTICE**********************************************************************************************************<o:p></o:p></SPAN></P>
<P><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 10pt">This e-mail may contain
information that is privileged, confidential, or otherwise exempt from
disclosure under applicable law. If you are not the addressee or it appears from
the context or otherwise that you have received this email in error, please
advise me immediately by reply e-mail, keep the contents confidential, and
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style="FONT-FAMILY: Arial; FONT-SIZE: 10pt">**********************************************************************************************************************************************************</SPAN></P>
<P class=MsoNormal align=left><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"><o:p></o:p></SPAN> <SPAN
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</SPAN></DIV>
<P><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 10pt">Philip McClellan<BR>ORMAP
Project Coordinator<BR>Oregon Department of Revenue<BR>Property Tax Division -
CDOT<BR>Tel: 503-586-8128<BR>Fax: 503-945-8737 <BR><A
href="http://www.ormap.org/"><SPAN style="COLOR: black">www.ormap.org</SPAN></A>
</SPAN></P></DIV>
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