AGENDA CLARK COUNTY BOARD OF EQUALIZATION MEETING

Transcription

1 AGENDA CLARK COUNTY BOARD OF EQUALIZATION MEETING CLARK COUNTY GOVERNMENT CENTER 500 S. GRAND CENTRAL PKWY. 1 ST FLOOR COMMISSION CHAMBERS LAS VEGAS, NV March 9, :00 AM This is a public meeting. This Agenda has been posted in the following locations in conformance with the Nevada Open Meeting Law: Clark County Government Center, 500 S. Grand Central Pkwy, Las Vegas NV (Principal Office) Winchester Park and Center, 3130 S. McLeod, Las Vegas, NV Paradise Park, Pool and Center, 4770 Harrison Avenue, Las Vegas, NV Desert Breeze Park and Community Center, 8275 Spring Mountain Rd., Las Vegas, NV We are pleased to make reasonable accommodations for members of the public who are disabled. If special arrangements are necessary, please notify the County Manager s office at (702) Advance notice of twenty-four (24) hours is requested. Items on the agenda may be taken out of order. The Board may combine two or more agenda items for consideration. The Board may remove an item from the agenda or delay discussion relating to an item on the agenda at any time. Periods devoted for the general public to provide comments are limited to matters relevant to the Board s jurisdiction. Public comment is limited to three (3) minutes per speaker and may be reasonably reduced if necessary to accommodate an unusually large number of persons desiring to speak. No vote may be taken on a matter not listed on the posted agenda. For Possible Action 1. Roll Call 2. Adopt Agenda 3. Public Comment 4. Swear in Petitioners and Members of the Assessor s Staff 5. Statement from District Attorney 6. Approve minutes from the December 20, 2012 BOE remand meeting. (See attached) 7. Review of Procedural rules relative to presenting appeals For Possible Action 8. General Administrative Business For Possible Action 9. Discussion and possible action on petitions for Review of Assessed Valuation. 1 1

2 Board ofequalization CLARK COUNTY, NEVADA KATHLEEN M. NYLEN Chairman R. SCOTT DUGAN Vice-Chairman TAMI L. CAMPA MICHAEL CHESHIRE TIO S. DIFEDERJCO COMMISSION CHAMBERS GOVERNMENT CENTER LAS VEGAS, CLARK COUNTY, NEVADA DECEMBER 20, 2012 The Board of Equalization of Clark County, Nevada, met in regular session in full conformity with law and bylaws of said Board at the regular place of meeting in the Commission Chambers, Government Center, Las Vegas, Clark County, Nevada, on Thursday, the 20th day of December, 2012, at the hour of 10:30 a.m. The meeting was called to order at the hour of 10:42 a.m. by Chairman Nylen and, on roll call, the following members were present, constituting a quorum of the members thereof: CHAIRMAN: MEMBERS: Kathleen M. Nylen Tio S. DiFederico Chris Lauger, Alternate Larry Snyder, Alternate Absent: VICE-CHAIRMAN MEMBERS: Also Present: Legal Counsel: Clark County Assessor's Office: Deputy Clerks: R. Scott Dugan Tami Campa Michael Cheshire (entered on page 3) Mark Wood, Deputy District Attorney Rocky Steele, Assistant Director Gary Relyea, Manager, Property Appraisal Brian Lemons, Senior Property Appraiser Jacelyn Yamashita, Property Appraiser B. Koch and K. Dexter -continued- Minutes Dote: 02/29/12 Page: 2 1

3 Board ofequalization CLARK COUNTY, NEVADA KATHLEEN M. NYLEN Chairman R. SCOTT DUGAN Vice-Chairman TAMI L. CAMPA MICHAEL CHESHIRE TIO S. DIFEDERICO Absent: Campa, Dugan AGENDA ADOPTED MEETING PROPERLY NOTICED/POSTED PUBLIC COMMENTS It was moved by Chairman Nylen and carried by unanimous vote of the members present that the agenda be adopted as presented. Chairman Nylen stated that the meeting has been properly noticed and posted. Chairman Nylen asked if there were any persons present in the audience wishing to be heard on any items on the agenda. SPEAKER(S): None MEMBERS OF ASSESSOR'S STAFF/ PETITIONERS SWORN IN STATEMENT OF DISTRICT ATTORNEY ADMINISTRATIVE BUSINESS At the direction of the Chairman, the Clerk swore in the members of the Assessor's staff and petitioners present this date for a hearing. At the request of the Chairman, County Legal Counsel spoke regarding the powers of the Board of Equalization. The Board noted a clerical error regarding parcel no Minutes Date: 12/20/12 Page: 3 2

4 Board ofequalization CLARK COUNTY, NEVADA KATHLEEN M, NYLEN Chairma:1 R SCOTT DUGAN Vice-Chairman TAMI L CAMPA MICf-iAEL CHESHIRE TID S, DIFEDERICO Absent: Campa, Dugan Member Cheshire entered the meeting, LETICA CORP N'v (PETITION NO. 6878) SUBJECT ~~TTER: This being the time set for hearing the petition of LETICA CORP NV for review of assessed valuation On property described as follows (Petition No. 6878): Parcel No(s) ,003; Assessed Valuation: Land Building $ 868,502 $ 5,196,726 Common Element $ o PETITIONER(S) DULY SWORN: Paul Bancroft DOC~lENT(S) SUBMITTED: See P.. t tached DISCUSSION, The Assessor's staff described the subject property as an industrial manufacturing building; located in J'ean, Nevada, approximately fifteen miles south of Las Vegas, consisting of two metal buildings; one built in 1982 and the other built in 1986; the subject is situated between 1-15 and a railroad line with rail access; and advised that the current use is manufacturing plastic products. The Petitioner's representative addressed the Board in protest to the valuation; advised that another sentative previously appeared before the Board in March and requested a value of $5,087,463; from that hearing two numbers were transposed to $5,807,463; from the commen~s and transcript of that hearing the intent was to reduce the value to the $5,087,463. continued- Minutes Dole: Poge: 3 4

5 Board ofequalization CLARK COUNTY, NEVADA KATHLEEN M. NYLEN Chairman R. scon DUGAN Vice-Chairman TAMI LCAMPA MICHAEL CHESHIRE TIO S. DIFEDERICO Absent: Campa, Dugan continued - Page 2 LETICA CORP NV (PETITION NO. 6878) The Petitioner's representative further stated that the case was appealed to the state Board of Equalization to correct the matter, but remanded back to the County Board for review and to take into consideration any supplemental evidence presented by the Petitioner; the State Board of Equalization also expressed concern regarding the allocation of value between the improved and vacant portion of the propertyi and referenced an appraisal that was submitted to the Assessor's Office. Member Nylen advised that she mistakenly transposed the numbers after an eleven-hour meeting and the Board was very confused and frustrated after the Petitioner's representative and the Assessor's Office presented their cases due to the extreme length of the meeting. Member Nylen further stated that she recalled one of the main issues with the case was discrepancy between the 0.35 or 0.38 acres of excess land. Discussion was held between the Board and Legal Counsel regarding the supplemental information submitted by the Petitioner. Legal Counsel further stated that the Petitioner should not be allowed to create a new argument regarding the case. Upon questioning regarding the appraisal, the Petitioner's representative stated that the Petitioner appealed the case in March 2012 for a value of $5,087,000 and the appraisal is consistent with that value and provides the allocation between the excess land and the improved property. -continued- Minules Dole: 12/20/12 Page: 5 4

6 Board ofequalization CLARK COUNTY. NEVADA KATHLEEN M. NYLEN Chairman R scon DUGAN ViGewChairman TAMI L CAMPA MICHAEL CHESHIRE TIO S. OIFEDE.'(lCO Absent: Campa, Dugan Continued - Page 3 LETICA CORP N\l (PETITION NO. 6878) The Peti 's representative further stated that the State Board of Equalization remanded the case so that further evidence can be taken into consideration; the Board asked the Petitioner's representative at the hearing in March if his value included excess land and the Petitioner's, response was; \\Ours inc ludes everything, the acres, the two buildings, everything"; at the County Board the $5,087,000 included both; and the appraisal helps define how much is allocated to the improved and excess land. Staff advised that the case was remanded due to the error of t ing the numbers and that the Board needs to clarify; the remand statute states, "If the State Board finds that there is an inadequate record because an act of omission by the County Assessor, the District Attorney, or the County Board of zation, the State Board of Equalization may remand the case to the County Board with the directions to develop an adequate record within thirty days". Gpon questioning by the Board, the Petitioner's representative stated a value of $5.1 million. Following discussion, Members DiFederico and Snyder stated that the Board transposed two numbers and the intent was a of $5,087,463 and that the appraisal is not Member Lauger questioned if an income approach was necessary to include the excess land to arrive at the same value. -continued Minules Dale: 12/20IJ2 Page, 6 5

7 Board ofequalization CLARK COUNTY. NEVADA KATHLEEN M. NYLEN Chairman R. SCOTT DUGAN Vice-Chairman TAMI L. CAMPA MICHAEL CHESHIRE TID S. DIFEDERICO Absent: Campa, Dugan Continued - Page 4 LETICA CORP NV (PETITION NO. 6878) Further discussion was held among the Board members regarding using a $0.23 rental rate on $174,827, with 3% vacancy, 5% expenses which equated to $4,680,468 minus the $5,087,463 is a difference of $406,995 which equated to $11,369 per acre for the excess land which is less than the Assessor's value. Upon questioning by the Board, staff advised that the Assessor's Office recommended a value of $6,065,227 for all of the land and improvements. Staff further stated that the Assessor's Office recommended a new value using a lease rate of $0.25 instead of $0.28; there was one parcel of excess land admitted so the calculation should include 43.3 acres of excess land and 46 acres of excess land was used in the appraisal that was submitted. Following discussion, Member Nylen accepted the Petitioner's appraisal and allowed the County Assessor's Office to present new evidence. Staff referenced the capitalization summary; advised that $0.25 lease rate was used, with 3% vacancy, 5% expenses, and a 9.5% cap rate; and added $700,000 for excess land; and recommended a value of $5,826,838. Upon questioning, staff advised that the excess land is in line with what is in the appraisal. The Petitioner's appraiser discussed the appraisal report and estimated a value of $25.00 per square foot on the developed portion of land; looked at three sales of vacant sites in determining the estimated value for excess land -continued- Minutes Date: 12120/12 Page: 7 6

8 Board ofequalization CLARK COUNTY, NEVADA KATHLEEN M. NYLEN Chairman R. scon DUGAN Vice-Chairman TAMI L. CAMPA MICHAEL CHESHIRE TIO S. DIFEDERICO Absent: Campa, Dugan Continued - Page 5 LETICA CORP NV (PETITION NO. 6878) at $15,000 per acre or $700,000; on the developed portion of land at $25.00 per square foot equated to $4.4 million; estimated a rental rate of $0.25 per square foot, 15% vacancy, 6.1% expenses, and a 9.25% cap rate which indicated a value of $4,440,000; and concluded a market value opinion of $4.4 million for the developed portion and $700,000 for the excess land for a total of $5.1 million. Staff then commented on the vacancy rate and that the same methodology was used in the direct capitalization as in the Poly-West Plant located in Henderson; referenced six comparable sales and the sales ranged from $29.13 to $58.54 per square foot; the lowest comparable at $29.13 per square foot was equivalent to the value recommended by the Assessor's Officei the average of the six comparable sales is $47.41 per square foot the $25.00 per square selected by the Petitioner's appraiser is a 47.4% discount from the average and in his opinion that degree of a discount is unsupported in the appraisal; and recommended a value of $5,826,838. Member Cheshire commented on various issues, including the vacancy and cap rate. FINAL ACTION: It was moved by Member DiFederico that the Board accept the Appellant's recommended value of $5.1 million which allocates $700,000 for the land and $4.4 million to the improved portion of the property. -continued- Minutes Date: 12/20/12 Page: 8 7

9 Board ofequalization CLARK COUNTY, NEVADA KATHLEEN M. NYLEN Chairman R. SCOTT DUGAN Vice-Chairman TAMI L. CAMPA MICHAEL CHESHIRE TIO S. DIFEDERICO Absent: Campa, Dugan Continued - Page 6 On roll call, motion carried by the following vote: LETICA CORP NV (PETITION NO. 6878) Voting Aye: Members DiFederico, Lauger, Nylen, Snyder Voting Nay: Member Cheshire Abstaining: None Absent: Members Campa, Dugan Chairman Nylen advised the Petitioner's representative of the option to appeal the matter to the State Board of Equalization. Minutes Date: 12120/12 Page: 9 8

10 Board ofequalization CLARK COUNTY, NEVADA K/',THLEEN M, NYLEN Chairman R. SCOTT DUGAN VI!;e~Chairman TAMI L, CAMPA MICHAEL CHESHIRe TID S, DIFEDERICO Absent: Campa, Dugan PUBLIC COMMENTS At this time, Chairman Nylen asked if there were any persons present ir: the audience wishing to be heard on any items not listed on the as posted. SPEAKER(S): Present Timothy Morse thanked the Board for thelr service, There being no further business to come before the Board at this time, at the hour of 11:31 a.m., the meeting was adjourned. ATTEST: APPROVED: DIANA ALBA, COUNTY CLERK By Deputy KATHLEEN NYLEN, CHAIRMAN Mlnules Dole: Poge: 10 9

11 3/9/ CASE NAME PARCEL NUMBER/PPID 1114 (For possible action) BHARGAVA PANKAJ RAJ & LORI A 2567 (For possible action) DESANCTIS DONALD & KAREN 2815 (For possible action) MONGELLI LUCILLE 4278 (For possible action) Q R TOWER 1 16 B3 L L C 4280 (For possible action) Q R TOWER L L C 4289 (For possible action) Q R TOWER L L C 4291 (For possible action) Q R TOWER L L C 4292 (For possible action) Q R TOWER L L C 4294 (For possible action) Q R TOWER L L C 4295 (For possible action) GRACE HOLDINGS NV L L C 4297 (For possible action) Q R TOWER L L C 4299 (For possible action) Q R TOWER L L C 4301 (For possible action) Q R TOWER L L C 4303 (For possible action) Q R TOWER L L C 4305 (For possible action) JEWISH FEDERATION LAS VEGAS 4307 (For possible action) Q R TOWER L L C 4309 (For possible action) Q R TOWER L L C 4310 (For possible action) Q R TOWER L L C

12 4312 (For possible action) Q R TOWER L L C 4314 (For possible action) Q R TOWER L L C 4316 (For possible action) Q R TOWER 1 AAA L L C 4317 (For possible action) V D A 9023 L L C 1031 (For possible action) FIRST MEMPHIS COMPANY L L C 4380 (For possible action) 1151 S BUFFALO DRIVE L L C 5050 (For possible action) HAIKAL EXEMPT TR Agent: Ashraf Ahmed 5105 (For possible action) SAHARA WEST EXECUTIVE PARK L L C 5106 (For possible action) SAHARA WEST EXECUTIVE PARK L L C 5107 (For possible action) SAHARA WEST EXECUTIVE PARK L L C 5112 (For possible action) SAHARA WEST EXECUTIVE PARK L L C 5150 (For possible action) G D & F GROUP L L C 5164 (For possible action) S M P CENTER L L C 5184 (For possible action) BROWN DENNIS & SUZANNE FAMILY TR BROWN DENNIS & SUZANNA B TRS 5188 (For possible action) R & R PLAZA 1 L L C ETAL 5212 (For possible action) 2451 S BUFFALO DRIVE L L C 5271 (For possible action) HIGH VALLEY IV L L C 5366 (For possible action) AMERICAN NEVADA B P H N L L C Supplemental , ,

13 5367 (For possible action) AMERICAN NEVADA B P H N L L C 5423 (For possible action) P-38 PROPERTIES L L C 5424 (For possible action) SIEFERT INVESTMENTS 5425 (For possible action) UNIVERSITY MIDTOWN #1 L L C 5426 (For possible action) HARMON MIDTOWN PARTNERS L L C 5429 (For possible action) PALOMINO TONOPAH ASSOCIATES LLC 5490 (For possible action) HARSCH INVEST RLTY LLC SERIES F 5493 (For possible action) HARSCH INVESTMENT PPTYS-NV L L C 5575 (For possible action) BANK TOWN & COUNTRY 5951 (For possible action) D 2753 L L C Agent: Terry English 4985 (For possible action) B R SUMMERLIN PROPERTY L L C Appraiser: Leon Maj Agent: Guy McCollum 2364 (For possible action) STEGEMANN DANIEL M Appraiser: Leon Maj 3967 (For possible action) BULLOCH FAMILY TRUST ETAL 7-11 LEASE Appraiser: Leon Maj 3968 (For possible action) 7-ELEVEN INC Appraiser: Leon Maj 3969 (For possible action) UNGAR INVESTMENTS L P Appraiser: Leon Maj 3970 (For possible action) 7-ELEVEN INC Appraiser: Leon Maj 3972 (For possible action) 7-ELEVEN INC Appraiser: Leon Maj 3974 (For possible action) 7-ELEVEN INC Appraiser: Leon Maj

14 3778 (For possible action) SPA AT SOUTHERN HIGHLANDS L L C Agent: Stephen M. Sullivan 4471 (For possible action) B 4 L L C 4334 (For possible action) APEX L L C Appraiser: Darrel Prawalsky 4335 (For possible action) APEX L L C Appraiser: Darrel Prawalsky 4338 (For possible action) APEX L L C B E T F H H G P Appraiser: Darrel Prawalsky 5669 (For possible action) BURBANK L L C Appraiser: Darrel Prawalsky 5670 (For possible action) BURBANK L L C Appraiser: Darrel Prawalsky 5671 (For possible action) BURBANK L L C Appraiser: Darrel Prawalsky 5721 (For possible action) BURBANK L L C Appraiser: Darrel Prawalsky 5722 (For possible action) BURBANK L L C Appraiser: Darrel Prawalsky 5118 (For possible action) STANDARD PACIFIC LAS VEGAS INC 5120 (For possible action) STANDARD PACIFIC LAS VEGAS INC 5123 (For possible action) STANDARD PACIFIC LAS VEGAS INC 5125 (For possible action) STANDARD PACIFIC LAS VEGAS INC 5126 (For possible action) STANDARD PACIFIC LAS VEGAS INC 5128 (For possible action) STANDARD PACIFIC LAS VEGAS INC 5130 (For possible action) STANDARD PACIFIC LAS VEGAS INC 5803 (For possible action) PARCEL N L V 1 13 L L C 5804 (For possible action) N L V PARCEL 5 03 L L C , ,

15 3990 (For possible action) J W LOSEE ROAD L L C 3997 (For possible action) 7-ELEVEN INC 4844 (For possible action) HOUSE OF TIME INC ETAL 4850 (For possible action) VEGAS BLVD PROPERTY L L C 4859 (For possible action) 7-ELEVEN INC 4863 (For possible action) 7-ELEVEN INC 2649 (For possible action) OMNI FAMILY L P 2650 (For possible action) OMNI FAMILY L P 2757 (For possible action) OMNI FAMILY L P 2928 (For possible action) A Y B INVESTMENTS L L C ABRISHAMI ENAYAT PROFIT SHR PL 2931 (For possible action) A Y B INVESTMENTS L L C ABRISHAMI ENAYAT PROFIT SHR PL 2934 (For possible action) ABRISHAMI E PEN & PFT SHR PL A Y B INVESTMENTS L L C 2936 (For possible action) A Y B INVESTMENTS L L C ABRISHAMI E PEN & PFT SHR PL 2951 (For possible action) ABRISHAMI E PEN & PFT SHR PL A Y B INVESTMENTS L L C 3528 (For possible action) BANK NEVADA 3529 (For possible action) BANK NEVADA 4096 (For possible action) ZOGOB RICHARD G TRUST ZOGOB RICHARD G TRS Agent: Kent Dawson 4490 (For possible action) RAMS HORN PROPERTIES L L C ,

16 4820 (For possible action) A Y B INVESTMENTS L L C 5539 (For possible action) B D PARCEL HOLDINGS L L C 5918 (For possible action) BLUE DIAMOND PLACE L L C 5919 (For possible action) BLUE DIAMOND PLACE L L C 5920 (For possible action) BLUE DIAMOND PLACE L L C 5948 (For possible action) DAISY MAE LAND HOLDINGS L L C Agent: Karyn Carlton 3988 (For possible action) 7-ELEVEN INC 3999 (For possible action) URBAN LAND NEVADA 4000 (For possible action) STARZYNSKI GENERAL PARTNERSHIP 7-ELEVEN INC LEASE 4004 (For possible action) 7-ELEVEN INC 3572 (For possible action) ELIOT HOLDINGS L L C ETAL 3573 (For possible action) ELIOT HOLDINGS L L C 3580 (For possible action) E A A HOLDINGS L L C 3581 (For possible action) E A A HOLDINGS L L C 3743 (For possible action) BIG NUNZIO L L C Agent: Wes Nichols 3744 (For possible action) BIG NUNZIO L L C Agent: Wes Nichols 3745 (For possible action) BIG NUNZIO L L C Agent: Wes Nichols 3895 (For possible action) SPEARS ROBERT WAYNE LIVING TRUST SPEARS ROBERT WAYNE TRS Agent: Dan Wiedenhoff

17 5206 (For possible action) QUARRY 187 MINING INC 5207 (For possible action) QUARRY 187 MINING INC 5208 (For possible action) QUARRY 187 MINING INC 5209 (For possible action) QUARRY 187 MINING INC 5210 (For possible action) NORTH BROWN PROPERTIES INC 5248 (For possible action) BUDDY'S L P Agent: Karyn Carlton 5614 (For possible action) V F R-J V PROPERTIES L L C 5615 (For possible action) V F R-J V PROPERTIES L L C 5616 (For possible action) V F R-J V PROPERTIES L L C 5617 (For possible action) V F R-J V PROPERTIES L L C 5618 (For possible action) V F R-J V PROPERTIES L L C 5619 (For possible action) V F R-J V PROPERTIES L L C 5620 (For possible action) V F R-J V PROPERTIES L L C 5622 (For possible action) V F R-J V PROPERTIES L L C 5835 (For possible action) SOUTHERN HGHLANDS INVEST PTNRS 3416 (For possible action) NEVADA SOUTH SHORE L L C Agent: Stephen M. Sullivan 5621 (For possible action) V F R-J V PROPERTIES L L C 5623 (For possible action) V F R-J V PROPERTIES L L C 5624 (For possible action) V F R-J V PROPERTIES L L C

18 6077 (For possible action) NEVADA SOUTH SHORE L L C Agent: Stephen M. Sullivan Supplemental 3982 (For possible action) 7-ELEVEN INC 3984 (For possible action) BOULEVARD PEBBLE L L C 3985 (For possible action) 7-ELEVEN INC 3989 (For possible action) 7-ELEVEN INC 3983 (For possible action) WINDMILL BERMUDA PARTNERS 3903 (For possible action) R S R INVESTMENTS L L C 4769 (For possible action) K P & T P L L C ETAL 4521 (For possible action) 3 HAWK RIDGE L L C 5394 (For possible action) SAUVAGE ROSS L L C 3711 (For possible action) RESORT HOLDINGS 6 L L C 5744 (For possible action) C F T LANDS L L C 5747 (For possible action) C F T LANDS L L C 5748 (For possible action) C F T LANDS L L C 5753 (For possible action) C F T LANDS L L C 3443 (For possible action) GOOBER L L C ROOHANI KHUSROW 5728 (For possible action) RHODES RANCH G P 5733 (For possible action) RHODES RANCH G P 5737 (For possible action) RHODES RANCH G P

19 5738 (For possible action) RHODES RANCH G P 5739 (For possible action) RHODES RANCH G P 5740 (For possible action) RHODES RANCH G P 5741 (For possible action) RHODES RANCH G P 5742 (For possible action) RHODES RANCH G P 5749 (For possible action) RHODES RANCH G P 5759 (For possible action) RHODES RANCH G P 5764 (For possible action) RHODES RANCH G P 3445 (For possible action) ROOHANI KHUSROW FAMILY TRUST ROOHANI KHUSROW TRS 3731 (For possible action) ROOHANI KHUSROW FAMILY TRUST ROOHANI KHUSROW TRS 5368 (For possible action) KHUSROW ROOHANI FAMILY TRUST 3449 (For possible action) SUNSET VIEW L L C 5806 (For possible action) HERITAGE 2 INC 5917 (For possible action) C F T LANDS L L C 5822 (For possible action) C F T LANDS L L C 5921 (For possible action) C F T LANDS L L C 5789 (For possible action) RAILROAD ELDORADO L L C 5676 (For possible action) SECTION E PARTNERS L L C ,

20 5677 (For possible action) SECTION E PARTNERS L L C 5805 (For possible action) L H VENTURES L L C 5773 (For possible action) ADAVEN MANAGEMENT INC 5775 (For possible action) CANFAM HOLDINGS L L C 5777 (For possible action) ADAVEN MANAGEMENT INC 5778 (For possible action) ADAVEN MANAGEMENT INC 5779 (For possible action) ADAVEN MANAGEMENT INC 5781 (For possible action) ADAVEN MANAGEMENT INC 5870 (For possible action) C F T LANDS L L C 5871 (For possible action) ADAVEN MANAGEMENT INC 5873 (For possible action) CANFAM HOLDINGS L L C 5723 (For possible action) GLYNDA L P 5725 (For possible action) RHODES RANCH G P 6083 (For possible action) RHODES RANCH G P 5769 (For possible action) RHODES RANCH G P 5774 (For possible action) RHODES RANCH G P 5776 (For possible action) RHODES RANCH G P 4633 (For possible action) BLUE SAND HOLDINGS L L C Agent: Jody Hann 6088 (For possible action) BLUE RAIN PARTNERS L L C , , 004, 087 thru ,

21 6089 (For possible action) BLUE RAIN PARTNERS L L C 6086 (For possible action) BLUE RAIN PARTNERS L L C 6087 (For possible action) BLUE RAIN PARTNERS L L C 6091 (For possible action) BLUE RAIN PARTNERS L L C 6092 (For possible action) BLUE RAIN PARTNERS L L C 3216 (For possible action) BLUE RAIN PARTNERS L L C 6085 (For possible action) BLUE RAIN PARTNERS L L C 6090 (For possible action) BLUE RAIN PARTNERS L L C 3363 (For possible action) MODI LK Agent: Riaz Rohani 3709 (For possible action) MODI LK Agent: Riaz Rohani 5094 (For possible action) P N II INC 5103 (For possible action) P N II INC 5104 (For possible action) P N II INC 4767 (For possible action) K B HOME LV TALAVERA L L C Agent: Cassandra Suarez 3639 (For possible action) S A V W C L III L L C 3640 (For possible action) S A V W C L III L L C 3775 (For possible action) N P TOWN CENTER L L C Agent: Stephen M. Sullivan 5462 (For possible action) TOLL SOUTH L V L L C 5595 (For possible action) HUGHES HOWARD PROPERTIES INC

22 5596 (For possible action) HUGHES HOWARD PROPERTIES INC 5658 (For possible action) HUGHES HOWARD COMPANY L L C 5660 (For possible action) HUGHES HOWARD COMPANY L L C 5661 (For possible action) HUGHES HOWARD COMPANY L L C 5662 (For possible action) HUGHES HOWARD COMPANY L L C 5663 (For possible action) HUGHES HOWARD COMPANY L L C 5664 (For possible action) HUGHES HOWARD PROPERTIES INC 5666 (For possible action) HUGHES HOWARD COMPANY L L C 5667 (For possible action) HUGHES HOWARD COMPANY L L C 6093 (For possible action) HUGHES HOWARD PROPERTIES INC 6094 (For possible action) HUGHES HOWARD PROPERTIES INC 5668 (For possible action) HUGHES HOWARD COMPANY L L C Public Comment 11. Adjourn 22