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C . t k> ' 4 J is a -0 ! I } % N C/1 L k r , Ct 0 � ' 2 °i r r - v) o { r � : .0, E 1. ie... CU C111 p--4 N O p CO i U u • lair p o V p ID N al U -1;: (.4_, t f 1 CO O O ct 4 p '~ O f� a e E 3 1 . -4- , 11.. C _ � ig IWO CD en *..r O ikt ,- . 41111 l IS L C - L y Jr.► MIR a Ei. t Zi 'Opt,. 2 _ . ..„. ,.., ,,.. E aii. = = O lr = O ti mil• 0 r- E O INV O 0 _ O - i N' cn O d o o . ' O l u c + O o p , 1� CY a Lt cs 0 Q = c C l e C1, li � '_ Q. O L=. W } re 0 H z z U uJ D L ei ..1 0 4_1.11111111111111 z ii 1 2 - E ' 1 1 is 1 W4) im G 0 Mill 1 �1 = IMO �..L 1 0 Z 4.i'11 10 VI = . 1 LI- O .11 CC3 CI . 1 E S C6 CD 0) ,.......w,,, . ., . , Pi O t) iM o N CD O o L L OW (/) 0 CZ CI = E L =1 PT- 1 ›N 1� U N b. CO) c ,,, T cuI CD w L._ . CII sr co w ,N. 0_ c (T3 1 CC w L._ m CEI = L... CC al _ 1 o o J 1 l li = o Cu- c/) ,i• � ax E > — co (,3 Li. (1) a s A.. w t) I:3 cm " i Ili I 0 (/) m -0 E ig 0 CI3 C 6 O a) i c L � U C 0 C • O M 2 L- _Q .— = I >, (/) co !... = co 4 5 0 0 CD I- 0) u) 118 C3 -0 O = O c w 44. V 0)% L- o -- - a) c i .- U co a) c - (f) -- . g . - E= E ;2_ L ' o o E (13 7 . 4) a) = - v L v (6 c C �-a V) 1-- as O O co = co 0 = w as L - >N a) L._ — 0 s- -c - 2 co 4 a) 73 E c cii‘ co as = - tij > -I- Li s-, (i) c 0 a. _c a) .— 0 0 • — :ti -0 IC (1) >N co _CD 0 00 ,_ a) -0 A--- V) O c� = O an 0 0 -I— CA 11— 0 2 'f-4 z c 17 cp N 1110 ,., c • . N g O N . or M L �i i 0 c r-- 0 Zi% i` . cu w c iiii.. , 1 c.) cu 0 L— Ei2 O O = W O (/) .c iii O O -0 O O 0 co • O D - o -0 a) ci) 2 tl ( ' � co . O .. t� •— to s • a345mEccS RI Z C ° = 0 a) (/) � 1 co L- _c >, L- = .1 = CT CID o an E L_ 712 cu -c 0 CU E "ff c) 5 u) o E co S.— w — co 2 =I - C3 • — 0 Ca (/) -C3CZ>N-CC i ` y ca c c ct o w O Ch E •4€ o 73 .,c 0) - .S. z PI o cn u) 5 c 0 ° °c13 ° � CDC co 2 t — ,_o libe = c c „ Q) C Q I-LO H c, c En 11,1 O N O o l a ! N H N W cg et 2 N CZ L W �• ^ 0 CO V W T [ Nis H ...c m Li 1 E 0 o - CO N O CO p C CCS r _Q O N C6 Omit - 0 'a N N i ea E v c6 = E ' o ca c 0 1mi o 0 2 co Z emi = L_v ca E o a0 O E O - � -0 E O 4- sr ail 2 ›, 0 (/) � > >, c E = C ° o cu CU co cu 111=1 co CC -o c _a CO C 73 2 0 Ti5 = C6 (l N 06 C3 VD = c - -o E _a 0 . L Ca 0 >, cm , PI , a) •§ . Fs Fi o a) a o o CC f: 0 %.1 %...W %. N 1-L- 1--a -4-4 .. 0 _. Er_ l e j _ o 2a_ ICC _ _ -ow 0 ,1 1 o N 1 1�1�hh . z 4., o o • (1) N la z °1 z co- • o O V jax > • y RS 1L 0) ,. co 1 JAW 1 C .L N J z Q ag -0 0 O N (0 rn L � � C Q) c .o o ca Q 0 W a) V) 0 G) N I• 2 .� ( Q i = o -a ° ......... a) CD- W _ O a) a� o O a) O 0 (0 M Y C., p _ ct `I Ca Ca .O -0 -0 doe ^, Cl E co Q 0_ Q W , a u 6 Q CD C 0 2 V3 U cn O j, L. o _ CD • i O a N , 0) O LL a y Q Q . U = N 0 a 0 a = (13 CL 2 al 1:1 > U 0 0 Q. O Q o en -0 Ca O N 2 k (A * 1n ca 0 ca ' N C E 0 0 0 c• N O V a) ce =O c (� Q) za< w- 0 al U ca Z N 0 a) cn _ >+ — L O " a a) U • c O = a _ 111101111 CD 0 RS CD Z CU 11111C 0 1 2 2 Z = = IL .- .*� * a ,, 1 2 N o O 2 N N l a ; z °' C _ M -o W r , N 111:g oc 03 Q Y as — z a D Um z co ca O U j, O ca J 0 13 N 7 p u J I— = C L L ../1 O — .p a> v a� Q O O L L L ^` Ca � J O O O V v as ale E Ql M M _ !11 N. (Q • 410 . — U Q CA O CD L F p ali C.) L O d CD } fB N N `` CO = Ri clo c c� L U Q Q U O j (13 (B i Q J w Z Z s_ 2 'a CD CA C N ,1 1 lD N LID 111 II) r--. N 1 CA a PI p L L o O p >,- Z (B Y a: c Ct = cti >. a c E o 0 co C • . z o la O r N N Cr) Cg , �� 0 � � y \ n at N > LO V" t co , i, O (o !ill 0 c N _ N co W 13 co - co A. w J . = o N O � 1- co Co ....1 CZ N CD to 'L N = 0 = = 1 0 Oo ti 1 a) �. ,D z owe . ' = - 3 co M a) CO N cn co N v ■ C 02 (/) � o u ) c CO 0 o CO z L Zr) . q 0) _ CA .— 0 CD g a M CO M M LO co CZ IWP C cn D � C o al W in -1-, N (Z a) E ' � , V o 0 v J L >, CA 73 = C 0 Q) 2 ca U y PI 0 L c) F O U 4 o N N N U co W N 0 _ cL 4) ' CU • a c IM c) V 0 -) cf) r- ile 73 1 I :i O N ' l a ll i L W (r) M z C - IA yo rt IL O O 0 leg CC 2 N z C al. C . C13 c•1 1 1!) c a N EA 0 - N co - V-- ° -C _0 N N _C U 2 a - tii ,e C6 co co L 2 Lo , co o 05 O o Q o co L CA 0 4 1 Q r 0- CO o ,.. g at • • an 0 C , N VI cg 2 a ) v U 1 � an CO co Mit •••1 0 0 0 0 0 0 0 0 co 0 co 0 co 0 co co 0 0 0 0 0 0 0 0 0 0 0 10 0 0 0 0 0 0 0 0 0 CU 0 0 0 0 0 0 0 0 0 1 � 0 0 0 0 0 0 0 0 0 al 0 0 0 o 0 0 0 0 0 a ga. Is) o o o o LO co �' M CO N N N En- Ef)- Ef- t} He} (f)- tn. (f) 70 Z CI3 o • , L . V) N co =o _= �\ l a T 0 0 N 1.1 O I= et = W = W r i LN .r. , 3 4••• SI O 'c cp •. Q) MIE/ C != t rn 00 - L 0 Q) CID 2 C� En r !s t ° ' �, 1 L co Ca CO L in CID 0). N C -C O �� N Ca t----- X CO U CO 0') E N O M Co . = N E = o) rn N 1_ .:6 ,:,_ E ..) in U L • • ! o CA CID i L i an 1:6 PI 0 0 0 0 0 0 0 °o CD Efl- Cli o 0 0 0 0 0 0 05 0 Ci 0 0 °o CT o0 o 0 0 0 0 0 0 illile = CO o0 0 0 0 0 0 a , a O O O O O O o N. CO 1-0 '1' CO N T ka Ef} Hc} Ea to cn " :ii z O _ Q 0 Lu m L d) (n o co =o C — O 0 0 0 , ge .,-„, r> • Z a i i maw i g r r o N L O N E 1 U O c , %— O CO cn c L O o = 'W L O .— u) U 0 E I- / a_ O CA 1J N IN 413 s.. , L Ca am p o N = 7 1 1 P i an 0 0 0 0 0 o O o 0 0 C O o 0 0 0 0 0 0 0 0 CO CI o 0 0 0 Of 0 0 0 0 co co ,r (N o cc co 4 CN N = MIC ta te- ea tri ea o CC W SUOIIIiw 0 1,„ ^ O N c W co 0 Z L O lia 1 O N CO pg . (g Ili a N i Q O W O O O i all, . . W In . : N - . - „. _ , ,_ , , - CD CN GO L 0 C/3 CD m 2 CIS co ER m Ili. o L- NMI CD = ci") u) an o� CO MIE c6 NI IMPI N L 1 _ (13 CO CC MC c co 1:6 W E ■■ `m c o I CA CD co 4-1 O O o an 4= 4-11 _ o CD O p CD .= J E 9 7 F, 2 as co CI O- M WM a va O (N Lr) O O LC? O �, co N N N r CO' { f} -a Eft Eft Eft Ef} Eft , W a) Z [ L H T O r . 1 1 d 1 � s II a1 • 1 1 M z ■ I ex M N O CO N N ) M ti E M 0 ID o (n CA I a) O L.L. = , r- a) U • • 1 • O an an N 1 � CA CID , pik I 1 1 as I __ - O 0 0 O O 0 0 I 0 0 0 0 0 0 N CC 12. 0- d ° c N c7 5 0 . i a) L _ _ al O O N a i a) ( _ M o it Id U J it el. 75 a; --c5 r ' W F. i i i =• • • x C) E v- CD L 05 1 CL • (D i U co N 0 CD L co cci CO en E , N- O N 0 .,,.. .. . .,..„,....,_•. • ■ E , co, ala 1 y I ow l- __ o o a o 0 0 0 o a 0 0 0 0 0 O o 0 WEI 0 0 0 0 0 0 0 0 r ° o o °o 0 0 o ° o ° o ° o ✓' CM 0 0 0 0 0 C.") o O co 0 0 0 0 0 0 0 0 IX N CO N- c0 CO N 7 t - ; . TS o N (!) I l a Zo -_ N = . > ag 0 O 4:1) O Z ▪ ,. • a : A161 Z C W CO 1 � CC • 1:E CO N E E : ._ ci) = V' I E T- O N CD ' 2 ills ON O O v. N W O CO GID 1 A-- I- N la 0 1 it El2 . , C; 1 Q ° N = ° c o Pt V) 0 0 CD P• • IN= CO ■ 0 MC w s. tit: 1:2 MillIC 0 CC MI CO ° 0 0 0 0 ° o 7 N N N N N N N N N • ,. L . � o l a O N U) `" eg i r N Z K 0 4fi t' a - >% 0.,(1) ■ . c II L; LL Mill C .. O C C c CD 1� o a- 0 M OM 6 N &IN s CID:, ....„.,,L,..,,:.....,.,. Cl. r CI .. , , . . .., r O :...„....„,........_____......,:. 410 CN • ■ CA E 411 0 1 � , � _l___. _, , , 1 CC C = Cla , 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 e} im 0 CO CO d' N o CO CO lr N Lo CC OM N r = = Ef - E) Ef} 69. Efa to- to to- Eft Eft a) ca L L ' CD a a r 2 0 -J > c ag , . F, E W k ` Q _ t i l t • Mill : • CED , N L 1 — 00 0 la IL 0 CD N w CI oi J CO3 Ca co I 412 , 1 44 ma 5•■ C 4-0 a) , 0 cf) VI 1M O A ( .cn Pi CO E 7 ji .2E2 , , CID a l 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 = 1 0 0 0 0 0 0 0 0 0 0 co CC CO N""" 69- 69- 69- 69- 69- 69- 69- 64 69- O C) 0o ti co In co cN �, • N — C6 CV 2 of 11 O cr ; ::- ?, ;� • • II V.: i = f cu Ilist k -- .0 4 1r a .. 0 co RS so V O ♦♦^^ M LL co PI 0 Cti f+ }+ L J N v i t.. RS R t % 2 0_ 0 CA CU XI 2 cts Ill .E 2 ‘ , J 0 0,- co. cn cn " 1- U) . LC) J L 4 . L Q) CD IIM 6 a) " ,' NOW M a3 1 EL _. 0.. 0 o Vii CA mu 6 co co y = 0 o0 0 0 0 O o 0. Co v cn Tr CD La E ■I di . 5 . N I 0 CL C> > c . I. E . ,,.. D 1 co m E , es 0 00 °o °o °o °o ° ,.. 0 0 0 0 0 a- Ln o LO o CN CX CM CN Eft EA t Eft N , ' h 8 N - 1.1hh.1h! . o O L o I I 2 i5 CO 1 li c — — 1 W> o N lili� I , 1 I1 ! I ! H c , � M rn Lo c5 U = 0, s- c 1 N (L -, N CO U) IWO M O J ■■ 0 0 I Ca lim ' 0 I& CA PI °o ° o ° o ° o ° o o ° o i CA 0 0 0 0 0 0 Cii) O CO O O CD O O Cli O co co cr) = BIN 07 CY) 05 1 co a co . 69- CO N '�.• , g i o (C5 11 1 1 � 0 u) co 1� � y ° O 0 - T i 0 cc x i s 0 J • 1j II < I 1L !1 a ►rr • 41�11l1111�11,1u1 5 Ch CD C 0 O .N L. 1 i Pt 0 LIN -a ( ji Ca F- . 0 s CM a c ..... 0 0 a NNW lal. (IS CL w 0 - c o 43 as = c O t N o CV O Ce ++ co = O 0 m C.9 .E i 64 o — _ 0 1 N CZ CD Q co an MI ‘ I 1 � an i PI a CD , as c ow °o °0 0 0 0 0 0 0 0 0 — I ,,_ ,_ _ a) la Cr) T- N t'� W O III 1 O \ N V 11 li �� 0 N N '-rim i 'i'i a Q) . c O 4) CO t — go/ lik tv 5 CO 0 (0 —O >' 0 L (n N O O j a) 4 ^ L L am ^,, % cu L O i. m L a- -1--- '1 `` = 0 - C . L 4. 0 0 W L }, � _ a) sz sz ai -ra x c U -0) coo 0 ci) 0 E ci) a) " .— c }, a) ? s_ ..1 c a) a) D ° --' cs 03 ,,,, - c 0 c cf) , =a302 0) . a ci 0 • c ca 0 0 0 ._ a) = (L) ca 0 -c 1. 6 413 f " _ -I- _ , a) an - 0 -C 7:3 2 — (13 o _ ' C CD -C E 4-1 2 0 ° JC1 0 0 O (z O O 0 C f D g w - a= ( " c - ( 7) 0 co ,..,_ > " 0 lu _s- CD - u) co co _-5 = u) ca 0 0 + ▪ ° W w O O O 0) _ E cy) 0 a) L.. 4- a) c 1 � Mos . a) o o cn� >c co L 0 5,c8 c i2 E U O y) 8 c or c O can O O cn .. co E .E CA a3 N N 0 C _ 0 . lifi 5 c o li 10 O eg ce F x C O Nis "' > c N _ c i jilt ^ , W O 0 _ 4 W CO ■ O > c +� _c c }, p Ca O O . = U C c co E co Ei2 L_ -0 2 O O O 0— O Q L U O el u) O O 0_ - 0 Z5 0 0 43 N E 11= >, - a - 0 7 q . = a) •- 83 Ow (..) .c) to i O O O— 0 In 0 (D o > _ 0- c . = 0 412 c _c a - c c _ c 2 m CA -1-• L- .-• 0 _c 02 0 ci) 5, 0 412 0 c _c 9 :..- _c) 2 ' ›N O IM CA - L - 4 _c In L go) 00c/) ■ CO 7 U) O in v ca > 0 O 2 .O 2- c 0 em . ii. L 0 >- N I- c me ciz O U O O- 0- "" .c .c i = = N O O O 0 -0 3 -o o 1 r „ tr.. >, a l 0 O Mot 1 _ > _O it = o_ QS 1 7 ' 1 I ;r; i. ig . W O O L E O O O _,�-+ 'N _>+ ' O (/) O N (6 = — O CZ � •_ -0 Fn cu CO _ o � C . -0 - > -- c = Q 1 co .� }' o 0 o x ° U L U }, L 1 O N (6 L = >N = = �) CD `L.°'�' - _c w E Ca dm - 0 — c c0 -C O .- = o 0 (I) co O 412 = c 2 -E 1 c fa' .E i. v o ° -C ° ' (i) '5 NM = (/) 0 0 oo cn � � E-° ca _ 'el o 0 a) c •- L 03 Li c O C6 N O CID lood C C WI an -' Q o 0 C C M O -0 o 0 O X ° ° O N 62 110 CA S O U -C 0 = E EL al o ._ v, vi O o. 0 o U 2 cc �. - w a , -- a ) c - — a ) ci 0 Q > O 1- -0 m C 1 — E 1 Cr 0 = 0 , rt • ..... a) = = = C•1 = 0 7 • 1 s . r �o o CN '� N co z E c 0 rN N--. t � U � > � ! !z - o >, 0) O O = '5 cn u) 2 N - 7 O co O 0 0 CO E c C U - -C o O _ co - O D - X in C CO O O O O > 0 — st L a te + t" C� i 0) all, = - L_ = 0 4 1..w - E = a) O O O O = O O .— O -o WI GO �..r - — � O ♦ „r O O O co .,..• co _c -46 cf) w CA '5 N = = 4— L L CCS 0 413 .= am CA — U � U CI Ca o 0 c c a) L-- .= c, 0 E 0 -- cr) = = N N 0 c 0 m _c) 0 CI CD 73 co ,, , _ a) .— .— tim_ am 0 o)u "r) E 0 2 , a 0 co •_ 0 >, _. O c,„ E _. _. ,__ 0 -V i n, M > ::litaiggi! . i IN 1 3 P. I 1 12 d +- y 1 O o ° 2 > Ma z c , vo cn ex 2 U co (/) — 0 O O C _c) 2 (I) . ..E . m ( C U O (t D - Q- w co > 4) 2 2 - = 0 _c u) co • • -- E .4= .0 .c 2 ( (I), 1 a) O O U > O ) W . - - . r- i CL, 0 0) " > U E > = a) 0 a c c 1:61 ili L }, O O (n ,_ TM Ca CO O -- c c.) } ' > I w "0 Ca 0 Ct3-(:)0§ w . _ 5 c n _ . , 9 0 E 2 -(2._ ET2 ,e --- 2 L S " Q CID n-E (,) co 4) O 0 ° - = >, m D im an 0_ 0 Ti 2 ; 2 0 15 2 MI al L _ CI CID -U c U C/) 8 C D C ct 0 0 0 0 rl CO j CO a 1 M -51? 2 ti5 : 5 2 E ,71- o < § = 0 _c ,_ = = N 0 c • �!i. ~ Z ,^ W O I ° VJ • a N W N C V r Cg 1 NN~ cc G O Q (1) MEI i '' 2 ,._ u) > o ,,, c ci) E 41 a) u) > - ff '22 "— .g- Ca }' O C 6 C6 CZ . c 6 - U C 0 0 E O • O L O U U O ( U 2 0 v O C2 U> -L ° a in 12 co - E‘ a) ' (/) c • a 0 Q g: O p p O u) ala = IE E -'-' 0 L- am 1-. L_ O p -� o 0 . Ci. = p - 0 • - L_ •- . a) 0 c - Ed 0 (/) 0 ID a) . 0 o TM Ca ° ' cl • 2 o - 8 - i u) a) _c cz 5 u) . _c, -0 , v4 0 . = . >1 0 0 >1 L an .�:� - ci ;UadcU CI ai In 4113 � v � O 2 p w .- o a� cy5c co aii. (1) F o 0 0 >1= (1c5 0 (T3 ,, = GI = CD • — — 0 CO CCS - = = U CD- -C -C— N 0 "o N .1.1 .. ., z W 0 o 0 m CO O .; 12 >. • N ti v L`7 P N 1 /�/ T. .. Z Y i. ` J W r r U r 1 — t r- r- ,--- 'G •- - z 3 ,J r r - v. r 1 G O co O v', v, Q by 7 r - , re, re re, re, re; r j r 1 r 1 r 1 1 � . s _ 1 .--. b[ b[ m O • 1•11,1111�� or P� �� a s Q o . LL .., r :f. . r ti H C (n O C h I ■ 6r at =. V 0 i .n u/ • F Z LU _ T , n C. O ,n r, A p v _ :. ,.., C (y ■ PLI O cJ •i ai H (..) w✓ Q a W r- ✓ •! x W C • .� o w D r v , < c - i �, v, -t -t -r -t 1 -r X U ...... E O U L a ~" � :. LL c Z o ...... 0 bl' ` U .n n ✓ . ti W - t O = ,.. J bll - W V• V Cr 1- 0 1— a . r . , -� - . � 0 i co >+ 5 v. E CI CID 4 0_ ..w v a D J Q •' o all = c o O > U Q ° 92 cz �i r 1 rr , --t v, •.. 11 co Gl '-' W > L UL U) aim i■ Om = __ 4....; ,C Q N 112 CA z . , 0) LI) E 0 a) (I) a) . a..) E CID `I U (/) a) Q ) ° ' -•- i v C - Mill an � � �������L�°za'�' 0 412 4..., _ ° I= Ci3 0 IMI CU o�c� °���y Cr) ° mo o° EL CID 4;3 °. ° ° - z Zce; _ C�� v a) E U CO ° 0 as bi. GI 0 ' ' , c0 pp ° CU L CD V (6 U 4.. pU I= Z O ,it) _ = E 0._ -- co • O p M v) ° t C C °° ca co 4...• ° ° U_ N = . (1) (1) 0 (13 "'Z a) 4. ''"' 0 z (13 :: —.4-1 - z U 0 'a ea •= V O E -0 -o (n • r I Q U I'..11 .- r'1.1.1.1.1�r z p a, ri, m G.2. O i 1 . rl rl r1 In rl `Y M 4. 1 O V. Y--. r1 K Y M .-. r 1 co ° y1CJpJr.n3 1; W y 1 ' x • 'I!" ) Ci �, '6'7 NJ !II IS .p r1 •-• -t r .p r1 r1 r 1 -. CO O rl K ^ O K r1 .r .-1 ..., I' a i .JauaINVI � 'l. Y 1 g r 1 -• - 7 -. - .p r 1 r 1 — 'O G •• -t r 1 -. 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N c 73 7 '::: ' - = E •_ LL to _ • _ c o co 1•1 a) a) - Cii a) — ._ c:)._ c CM ..c .... ...., clo 0 c N •— 103 i • — 0 = a) C2 O O p +-• a = 1 • . }, c .,. kii ca. a_ _C c cr _ • _ 0 0 = E C \J X CD C = E (3.) .... .. a . a) ct E •..... Lu c., co iilm • • • • • D C 7 .1m CO C ,Z o (;3„ E...„t L > P — E 03 (I) Pk (..) CO 2 z 0 =I 73 2 0 13.) (T3 (1.) '4 CM CD 0 1 CO 0 L- CD E 0 _c _c --caom I= co ..c co ... . --, L..... , E -0 (1) c r _.0i cL 0 -}-► Z T a= >% (1) Aa SI. .1.6 c) C -o 0 O • ' CD 0 c 0 C r, . .0 C6 L. O O O O c° VI Al . .0 = • NNW.. C a� O z E .../J ---- p _. a= Eo. _ , GID a) 0 73 ti N (f) (i) ■•1 ° L.. Z 2 6 Mil _c D., TD o cL mt g 0 0 CC3 -.0 ii _. a. > U U •,. ( O i=t. a.) 0 2 0 }• = O .z O 0 o_ "Zr) a U ■— u) E _c +� co ° , , - N M .-,-, • cc; C co , , k. 1 - q , ii,..4. a 1... 3 * u) W 'O L C RS O O O CZ O O v >'� 0 2 MIN • W > O • co C n c a) c6 ' = - ter rA n -1-0 CO - E • - O ca E - 73 co 8 v O PI Z - o U 'o.) 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L- (13 — a) CM M u) = ...._ co 0 b. ca 0 L- L. y-- 0 ‘i = g > 78 L_ , o = C115 = 0 0 .— (...) v . ) >, a) 0 w o 2 . - ._ c c O CO CU cn ., u) 1E 92 0 am W i : � 2 •— .— c!3 D ca � N n ° O N ,,,- i , E N C (6 ,_ ,. a a) - o c Ct O powi 10 -1-0 l a aMI CO W _ I _C = ca GI _ ^1 L._. C N W O a� a) N Pi - 0 O O O O V, >, ? N o o IM 0 - � N o J = O ON , z 0 CD O O Q N o .= m O El.sli v I ; 1 co o CI3 US (1.) _CZ N a MI O CO = o CO cn El 4 1 7 . 3 CA = i— ii= M E c) cC1 = O o J L d' � N >, U CI O u' N E I= L Li; cri • E D O CO C G) N 0) M N E a) co 4... C 4 N � _ E o _ a) a) � E N as ,,e. � � 7 O CO CO (n CD = O ,� a N ai m r` CO M D) c� O a) h m a) a) o c o _ ' > 0 0 E ° = 0 - - 00 = as 0 LL. 0 m co CO in c _ 0 G) IWO O = 1 � d 0) 0o 0) • 0 N 0 N v- 00 m- N N O CD > V s cn = N- 0) o c em, Cin ^ {-' o p 0) LC) M o lime O as i. L 01 L O c n rn �n c� o CO f C 0� al t` O N M F PI Ca g N N E 0 O O O ez1 o 0 x= 0 52 . 0 ti N.- CD E r I f} r r r r O MIN a) Cu V O C) C (1) O O N 0) 0) N N O CO J CU CD 0 aD 4 . 0 a l ti O N 00 -� .� O L 0 o n o M o n o O L N 00 't' co m- O co O d' CO O) O 0 = M .i. O . - m co co co N r O) CO N O) al, Cpm: w > E Maw w L CD w 03 t9 Ea Eft Ea 0 00 0) CO N co p ti N N M CO Ad _ = a) 73 O N M CO CO Q L C O u7 CO O ( N Q " 1 .0 I. a) _ 'a J ti c0 N v o) >, �+ li 0 co o m Q. M >% N .- a o O 00 0 N ti a O ff.+ 9 CD O N 0 1 c t om ' uJ = o - CO CO o 0) Lf O 1— �/ O 13 N-- N O O U a. 1 L O Z • 5 • W E IV= CO E =I ■ 0 = E >, i 0 o Lo ♦ ♦ O , N M L I d 41 11 E C as CO , , ,, _ ,,,,_,_ _ ,_ a <.,,,.,.., <, � _ „,..,,,,,,,,..„„,,,,..../.4,„, 6 1 , = �, - lip = O . - ---4- O I i : ;E_; O im O O ”' r CC a) -G .� rim: °U a o-w E � �� M= M C 1 4-- = 0 (.0 U) ''' = CD G 0 = :: E Now 0 " '— N j >, .N� O ca • L Ad 11:2 0 ° E (n N-c o 1... � �/ • o E CA C U N S to C E �a 1 N N el- w 73 = w �, a= M (f) 175 4- CO L U w RS i. 0 fi ° 0 ( n N - o 4 O � � ° • � O O V G� v (1) E 1=1 T.) -1.-, C c 0 O II • E a) c.) c.) - " v C O W � CO CU O O .� o° a, Q Z. N_ E U E. 3= u) 0- 2 ipi F / 0 r O - N s_, a • 1 Ci) Ca a) = = � o O 1 it O J 2 r tT 2 ca CO . Y .. CD C 407 �'[ 0 Mil r = 4/ S aiii 1:15 0 . O O 1= 11= c-- _ . e ,if ' O O mow > • CO .= M �A •,......,, C CD .!� ��� E U M ail f el . c AC 112/ c m ca 7t- o -oo (..) 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Q 0)� E -O 3 0 in o V) N (a v N -1-+ c O . . - o ♦ " . E 7= . 0 .3 g :5 _`c (5 0 D - ° a) t . (n 0 2 0, ..; E 0.115 1-- i .F. i +9 ce > c. u) c,' , 0 0 A 03 O e () (1) W () ,. t iit ' (1) W w E .c o c�� o ,..,,. ,, :., .1*. 1 . O ea co >`. 0 O U U- 1 = .+-� n ' — . E C6 S 7., ' O 0 C O -� V) 2 = o c D 0 C/) co .- .. a Ida E us 22 2 0 to _c . cri = m 2 4-. 0 T w -0 _, o 1-1 w = 0 > ..., ....: . an w , cp (i) •_ w co ' 0 = m U = C6 . _ s,_ 0 c _ s, ,.., e .... 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Q s- LL v = 0) ) _ Rf '}- V -C CZ - 0 - 0 - 0 CO = 0 V) - E im . ._ co Z CO Co S CO N- O W CC C Al Ca .� 4(,)- • a . 0 = � L u) 0 ) a, L Q - c CD 4-D C O iii ", w C O O N O t N 0 0 a)o•• O 0 CI -0 ca = 3.11 - L_ (7) 0 /� A+ ^^++ E I= E_ w =50,7, D 0) c co i.i W W O M O O N N O a) c n0 2 cn = co ° c 2 WIZ U Cn I— ca 2 ca g cu a) W N r i w - -5 CM O V — 1 X 0) 4) -•C73 Sil W C c CO '- CZ _C CU i _ = C6 C) � 5 _ O O • 0 . Is a) cn U 4) L. w v o cze 4 4 0 - 0 0 = -0 C6 = 4) a - o Mili wry C _ . .c 0 I - - § CI3 0) SD if O Am Ca) • 5 } , -s--� oiliS La_C . ' i= ._ O U O C = 0 _c jim: or O i . . _ = 00 ,c '8 V .+ m ca a) a_ sw i O - avi al 7) E c;) � o � ' ITi 2 so 0 La E - (n w c c c -- A d al O L -' ■_ o 2 2 - o ca._ L i o c 1 ,_ = i. O mV N (/) _CD T— O -2 0 = o O oa) cD" ai cO ca U =i O a) -w C= 7) 2 N _ 2 o 0 0 I— to 2cow C § s !■a • • • 2 I . 1 k M r ` . 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CD C L- 4., 0 = 7) i .1= _o 2 o " 0 - ii 0 tal O c� U .— ' 0 =; co Ong (ICS E (I) IMD Ca) E . ,, -c I 0 w 42 O c c — 41-. — E co • —��� O t� .11 2 15 E c -0 > CO O ai '_ O — 4) •– -0 'V -C CD O t� O O c� '•— O -w 0 v 4w al O £ O o ci • 11) X N E I= 1— r a_ u- O N O co ■ E • A o a) cf, CO CO O w cu 7 -o O i c c9 E ca c �cn 0 a) E as 2 .. o w _ co > , U O V = co _o O o) E U c gD) e E -o ,,,0 E -' o V; a) E 4-. n u c w = o .L -c a) 5 2 0: E _a g), = uw . c 2 .> a) 4 5, E >, ' V3 45 m 0 R3 0) 0 s p w - ° = _C "C >9 a E 2 - cli - a= Ca › (13 a) a) 0 0 El ci) 0 ,, si L_ I S 2 : co 0 0 0 c = .- = •- > _ ag CO LE, }' 1.7). • ^ • L O t 0 :=a-- - " 0 0-) D an •• 2 0 C _CD c .2 W L 5 2 1 i CM -i--° E :.. 2 2 0 E = u) , co O = 02 8 4 5 4 f 2 - 0 o 4-• 73 ca c6 n a. S, 0- J 0 co 8 to Q o E 1 — L 0 Mai am had �L �i Q 'ff 4 0) 0 0 — i- — O N O U o Nov , E 0... . — - w 0 al co- r cu 0 0 C cD'(1)2' •4- (7) : • ... 0 C an 0 CO W 0 .. a. E a) •_. „. 415 M ■I • ■ ail Ili= = Sii■ 0 ka , (...) an an > ID C ...u.) == 0 (1.,) _C ai CD Cin A- D 0 1%1 010 C W N III MINIMINI '5 ? , I ft/ 0 0 C • =mon s ■1 0 `= 3 21 , 1 i llOP N D 0) z r._ Cl2 Mill M ■I • ■ 0 C (101) . I • • • 1■• I CD I= CO) a) •._ ...... CO IIIIMg ME 0) CO al all C • MIME CO 0 • ■ CO = I CO (30) CO ..c >' ■ . CO 0 'd.• o_. w as a) (13 CI 1= 0 D CO 6111 CO c\I 0 co 2 o 0 c., CI CD 0 , I= 0 0 0 c's ' D C 0 a) —) 1 V/ { (y) W 0 am, O � f E W (7) I M = C +a � - o C U) C 7 = - � O 0 im O •_ 5 9 U CT o o c� • — 0 Ca o C Ca Q) U ,_ la +. • C> > D • - (/) c '> (I) c O = U O L ois a orD N L_ Lo x co ca. ca U U 0 c o " E uj - — (.., co = c = cy , 0_ — >1 >1 • U 0 2 _114 �— O • L 0 ez O 1 C0 c • U ' i , ca E — a. ca 0. 4.• C0 > + _ C 6 c3 `1– U � 0 i . , C6 X. U O • W C� i o 0 o d1 0 a) - 0 iliml am = >1-o Q -§ - — O CA (CS - 0 O_c o = 7 0 4) — 0) L_ . c -o v = '� U c �-§ 0 CO — CO >, C> cl.) -c) 2 Ca RS O i Cr. = ! U co ' C) O > co = = 0 -0 V co 0 = u) O c) m ♦2 m == m E ._ o 1 _c co I — < M N 0 es �� M \V 2 _ • r_ .4—, 0 4) O U 0 o v = 0- C __0 fti 1 4 0 > = . 4 _, N C i 1� V) t = co > w 0 — 0 O O co U E N 0 CD U to .. as E . ti to s... 0 E _ _C O > > co �- O a) 0 00 s i 0 0 › w _c w V ( 2 mdm c .- - 0 E ° L- 0 > r- 0 -0 w - O �, _ _. ta) CD � � sr 0 C6 Co O c +� CA v a) -..7:-, E 2 0 p a) ,_ ,_ > _ p - ca LL — 0 = 0 CO O i_ L c co =I 7 ocu N— a = 0 a) „ , w (0 L- �, 0 CO 0 C �1■r LL co ,— a) O U L- C Q . (f) -C (/) -C a) D cE$ i CO O (7) 1-- .L i C C) o N • i■ p • • • N c o C P ir fro „ At ,, . , ,,• ti v, , A., , * N v am ,, a> 4) -c o mime CO U) L (1) (13 a) -1-•,, a) a)� o 0 0 - 1 -• CC) - _ -- �. C < IWO u) C . ._ .1=1 am (f) o (1) Tr) CD c $3) E3 ii. 0_ a5 2 co 0 = = ti C 13 E 2 (/) ,..., u3 —. L._ w c o 0 -- 0 CL) c 1 2 = em, 0 4- ■••••■ -0 ,„ O O c L _ all ,a , 0 Ma 0 2 (I) 4- ( o -1,-,5 CC am D a) 0) n 'Z. c ( i ) C - C E ° ° C1D 1 c — - 0 ,, (13 E _.0 co I= am ..., D . a) 0 -._, ......_ cn - 0 0 c - rD i all, _ 06 r..) 0 = Cim CC3 il X ° ›N " Ci) .-S,■■ Cr 1 CIM &..... a) ..., _,_, (73 E 0 1 • ._... w m a) - — 0 co CD Ilmi S. . .161-• • -I-. - CO (..0 'O O �0 ,..... = Cr VD E ,, _c o _,_, 0 _ -c 2, (73 a) ,c7) c, c,-- c 0 L k 14. it # E 1i a _ co co AM = CO 4_ U Ca O !ilI E O , ' 31111 ' O 0 mC5 a) co 80 aa +� (1) N O cn = D Ca 6 cz u) -C a) cn .� C3 L _ — O O CD (13 4- •� o (a Q. to LL iliMI 4—. E 0 . c .(L) ..... „._ im Q `� � D� Qom Fli x CD n c u) u >, .a) cn . (1) o a = = 0 -,., __, . cl, ca p co X O cn L O O u) U L 0 (i) u) — a) m 0 >, a �■■� � - — O v • i ca u) O N la) CD 0 � _ . ± c a n o O O O Ct ■ C? o o 0 C CU Is. - 140 e T 02 CO a5 o 1 z O (Lii a) 4 . .� Co L E _c >, c dm. 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Ell_ z, _ , M MOM= al ca E • • x oi:5 c3 (1) t• C': E I as O � CO L. in O 2 c u. sr O 0 CA C.2 • .• Cn .. 1 _ al ( • ■ O ,... _ c E co N c., .. mil Q 0 O 0 MIII CI 0 a D c as Slav >- IX a S 0 m v W X W `r Windstorm Insurance in Florida Protect Our Economy Executive Summary January 2012 THE PROBLEM o Windstorm risk is not adequately spread throughout the private market in Florida. o Windstorm risk is over - estimated in coastal areas due to inadequacies in risk models. o Citizens Property Insurance, a quasi - governmental entity, bears most of our windstorm risk. o This results in continually escalating and unaffordable premiums that dampen our real estate recovery and create economic instability. o Since 1992, the Legislature has struggled to find a workable solution to this problem. THE SOLUTION - FIVE ESSENTIAL STEPS 1. Improve the methodology that predicts windstorm risk. o Existing risk models are wrong because: • They inaccurately assign all hurricane damage to wind alone and assume it is paid for by windstorm insurance when in fact, especially in coastal areas, a significant portion of all hurricane damage is caused by storm surge and paid by flood insurance. • They assume all structures in Florida are "weak" and do not adequately reflect on -the -ground building strength or improvements made through renovation. o The RMS model has proven that risk is inaccurately distributed between coastal and inland areas. o Improving modeling methodology will result in more profit and less loss. 2. Depopulate Citizens combining its capital with the Cat Fund to create a new reinsurance fund (an "Incentive Fund ") for the private market. o This gets government out of the way of the private market. o It makes Citizens' $7 billion in capital available. o Combined with the Cat Fund, it creates a $15 billion reinsurance fund for the private market. 3. Require all insurance companies to offer multi - peril policies throughout the state. o This spreads risk as insurance is meant to do. o It levels the playing field for all private insurers. 4. Limit Citizens increases to 10% in the interim. o This is necessary to provide market and economic stability during the transition. 5. Extend "file and use" indefinitely. o This is necessary to ensure the private market is utilizing accurate models and adequately tapping the new Incentive Fund. All five steps must be taken together to stabilize the property insurance market and protect our economy. See complete details in the attached PowerPoint presentation prepared by Fair Insurance Rates in Monroe. Contact Annalise Mannix, P.E. (amannixPaol.com, 305 - 797 -0463) or Commissioner Heather Carruthers ( carruthers- heatherPmonroecounty- fl.gov, 305 - 509 -2122) for more information. 3iFIRP/It F... Msuuwct RAns m Mowws .w. nu.•vs