No preview available
HomeMy WebLinkAbout070808 GREEN RIBBON REPORTöËØØÏëÔÛÛÎÏúÎÐÐÔÉÉØØ öËØØÏëÔÛÛÎÏúÎÐÐÔÉÉØØ ôÐÍÑØÐØÏÉÜÉÔÎÏëØÍÎËÉ ôÐÍÑØÐØÏÉÜÉÔÎÏëØÍÎËÉ &LW\&RXQFLO%ULHILQJ &LW\&RXQFLO%ULHILQJ -XO\ -XO\ ûÜÚÒÖËÎÈÏÙ ûÜÚÒÖËÎÈÏÙ *UHHQ5LEERQ *UHHQ5LEERQ &RPPLWWHH *5&  &RPPLWWHH *5&  DSSRLQWHGE\&LW\ DSSRLQWHGE\&LW\ &RXQFLOLQ-XQH &RXQFLOLQ-XQH 0HPEHUV 0HPEHUV *5&5HSRUWDFFHSWHG *5&5HSRUWDFFHSWHG DQG,PSOHPHQWDWLRQ DQG,PSOHPHQWDWLRQ &RPPLWWHHDSSRLQWHG &RPPLWWHHDSSRLQWHG E\&LW\&RXQFLO E\&LW\&RXQFLO 'HFHPEHU öËØØÏëÔÛÛÎÏ öËØØÏëÔÛÛÎÏ ôÐÍÑØÐØÏÉÜÉÔÎÏúÎÐÐÔÉÉØØ ôÐÍÑØÐØÏÉÜÉÔÎÏúÎÐÐÔÉÉØØ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æÎËÒíÑÜÏ æÎËÒíÑÜÏ 5HFRPPHQGDWLRQVKDYH 5HFRPPHQGDWLRQVKDYH EHHQFDWHJRUL]HGLQWR EHHQFDWHJRUL]HGLQWR SKDVHVWREHDGGUHVVHG SKDVHVWREHDGGUHVVHG LQDQPRQWKWLPH LQDQPRQWKWLPH IUDPH IUDPH (DFKSKDVHRIZRUNZLOO (DFKSKDVHRIZRUNZLOO EHEURXJKWIRUZDUGWR EHEURXJKWIRUZDUGWR &LW\&RXQFLOIRUUHYLHZ &LW\&RXQFLOIRUUHYLHZ DSSURYDODQGDGRSWLRQ DSSURYDODQGDGRSWLRQ LIQHFHVVDU\ LIQHFHVVDU\   æÎËÒíÑÜÏ æÎËÒíÑÜÏ $SSUR[LPDWHO\ $SSUR[LPDWHO\ 5HFRPPHQGDWLRQV 5HFRPPHQGDWLRQV 2QHWKLUGDUH&RPSOHWHG 2QHWKLUGDUH&RPSOHWHG RU2QJRLQJ,WHPV RU2QJRLQJ,WHPV 3KDVH±-XO\ 3KDVH±-XO\ 3KDVH±'HFHPEHU 3KDVH±'HFHPEHU 3KDVH±-XO\ 3KDVH±-XO\ 3KDVH±8QUHVROYHGRU 3KDVH±8QUHVROYHGRU 7R%H'HWHUPLQHG 7R%H'HWHUPLQHG 6FKHGXOHLVVXEMHFWWR 6FKHGXOHLVVXEMHFWWR UHVRXUFHVDYDLODELOLW\ UHVRXUFHVDYDLODELOLW\ DQGIXQGLQJ DQGIXQGLQJ   úÎÐÍÑØÉØÙîÏÖÎÔÏÖôÉØÐÊ úÎÐÍÑØÉØÙîÏÖÎÔÏÖôÉØÐÊ )RUPD*UHHQ5LEERQ )RUPD*UHHQ5LEERQ ,PSOHPHQWDWLRQ ,PSOHPHQWDWLRQ &RPPLWWHH &RPPLWWHH âñÜÉâÜÛ¼Æ &LW\SURSHUWLHV &LW\SURSHUWLHV EXLOGLQJVDQGVFKRROV EXLOGLQJVDQGVFKRROV DUHEHLQJH[DPLQHGWR DUHEHLQJH[DPLQHGWR LPSURYHZDWHUTXDOLW\  LPSURYHZDWHUTXDOLW\  HQHUJ\HIILFLHQFLHV HQHUJ\HIILFLHQFLHV &LW\:LGH&OHDQ:DWHUV &LW\:LGH&OHDQ:DWHUV 7DVN)RUFHPHHWV 7DVN)RUFHPHHWV PRQWKO\ PRQWKO\   úÎÐÍÑØÉØÙîÏÖÎÔÏÖôÉØÐÊ úÎÐÍÑØÉØÙîÏÖÎÔÏÖôÉØÐÊ &RPSUHKHQVLYH &RPSUHKHQVLYH 6WRUPZDWHU3ODQQLQJ 6WRUPZDWHU3ODQQLQJ ±$SSURYHGLQ)< ±$SSURYHGLQ)<    úÎÐÍÑØÉØÙîÏÖÎÔÏÖôÉØÐÊ úÎÐÍÑØÉØÙîÏÖÎÔÏÖôÉØÐÊ (QFRXUDJH (QFRXUDJH DSSURSULDWH DSSURSULDWH ODQGVFDSLQJ ODQGVFDSLQJ SUDFWLFHV SUDFWLFHV (QFRXUDJHFOHDQ (QFRXUDJHFOHDQ ERDWLQJ ERDWLQJ SUDFWLFHV SUDFWLFHV   úÎÐÍÑØÉØÙîÏÖÎÔÏÖôÉØÐÊ úÎÐÍÑØÉØÙîÏÖÎÔÏÖôÉØÐÊ 'LVFRXUDJH 'LVFRXUDJH IHHGLQJRI IHHGLQJRI ZLOGOLIH ZLOGOLIH 3URPRWHWKH 3URPRWHWKH ³6FRRSWKH3RRS´ ³6FRRSWKH3RRS´ 3URJUDP 3URJUDP   úÎÐÍÑØÉØÙîÏÖÎÔÏÖôÉØÐÊ úÎÐÍÑØÉØÙîÏÖÎÔÏÖôÉØÐÊ &UHDWHDQGQXUWXUH &UHDWHDQGQXUWXUH SDUWQHUVKLSVZLWKVWDWH SDUWQHUVKLSVZLWKVWDWH IHGHUDOQRQSURILWJURXSV IHGHUDOQRQSURILWJURXSV DQGRWKHUORFDOLWLHV DQGRWKHUORFDOLWLHV +ROGSHULRGLFMRLQWPHHWLQJV +ROGSHULRGLFMRLQWPHHWLQJV DPRQJDOOWKH&LW\¶V DPRQJDOOWKH&LW\¶V GHYHORSPHQWUHJXODWLQJ GHYHORSPHQWUHJXODWLQJ ERDUGV ERDUGV &%3$2UGLQDQFH5HYLVLRQV &%3$2UGLQDQFH5HYLVLRQV &LW\&RQVHUYDWLRQ(DVHPHQW &LW\&RQVHUYDWLRQ(DVHPHQW 3URJUDP 3URJUDP   íÕÜÊØ æÎËÒíÑÜÏ íÕÜÊØ æÎËÒíÑÜÏ îËÙÔÏÜÏÚØÊ îËÙÔÏÜÏÚØÊ 2UGLQDQFHV±'UDIWLQIRUPDWLRQUHYLHZ 2UGLQDQFHV±'UDIWLQIRUPDWLRQUHYLHZ RQO\DWWKLVWLPH RQO\DWWKLVWLPH 5HVLGHQWLDO5LJKWRI:D\ 5HVLGHQWLDO5LJKWRI:D\ 6LWH6WDELOL]DWLRQ 6LWH6WDELOL]DWLRQ 3URKLELWLRQRI)HHGLQJ:LOGOLIH 3URKLELWLRQRI)HHGLQJ:LOGOLIH   íÕÜÊØ æÎËÒíÑÜÏ íÕÜÊØ æÎËÒíÑÜÏ 3ROLFLHV±)RUVWDIILPSOHPHQWDWLRQ&RXQFLO 3ROLFLHV±)RUVWDIILPSOHPHQWDWLRQ&RXQFLO 5HYLHZ 5HYLHZ *UHHQ%XLOGLQJ/(('&HUWLILFDWLRQIRU&LW\%XLOGLQJ&,3 *UHHQ%XLOGLQJ/(('&HUWLILFDWLRQIRU&LW\%XLOGLQJ&,3 6WRUPZDWHU0DQDJHPHQWIRU&LW\5HGHYHORSPHQW 6WRUPZDWHU0DQDJHPHQWIRU&LW\5HGHYHORSPHQW 3URMHFWV 3URMHFWV 9HJHWDWLYH%XIIHUVRQ&LW\3URSHUW\ 9HJHWDWLYH%XIIHUVRQ&LW\3URSHUW\ $OWHUQDWH/DQGVFDSH3ODQ6XEPLWWDO $OWHUQDWH/DQGVFDSH3ODQ6XEPLWWDO %XIIHU3ROLF\IRUUH]RQLQJXVHSHUPLWVDQG %XIIHU3ROLF\IRUUH]RQLQJXVHSHUPLWVDQG HDVHPHQWV HDVHPHQWV   íÑÜÏÏÔÏÖúÎÐÐÔÊÊÔÎÏÜÏÙúÔÉÄúÎÈÏÚÔÑ íÑÜÏÏÔÏÖúÎÐÐÔÊÊÔÎÏÜÏÙúÔÉÄúÎÈÏÚÔÑ üÚÉÔÎÏÊ üÚÉÔÎÏÊ 5HVLGHQWLDO 5HVLGHQWLDO 5LJKWRI:D\ 5LJKWRI:D\ 5HPRYHWKH 5HPRYHWKH UHTXLUHPHQWRI¶ UHTXLUHPHQWRI¶ 52:¶SDYHG 52:¶SDYHG VHFWLRQIRUPLQRU VHFWLRQIRUPLQRU UHVLGHQWLDOVWUHHWV UHVLGHQWLDOVWUHHWV   6LWH6WDELOL]DWLRQ 6LWH6WDELOL]DWLRQ 5HSRUW5HFRPPHQGDWLRQ 5HSRUW5HFRPPHQGDWLRQ ZDVWRUHTXLUHVRGIRUVLWH ZDVWRUHTXLUHVRGIRUVLWH VWDELOL]DWLRQ VWDELOL]DWLRQ 6WDII,PSOHPHQWDWLRQ 6WDII,PSOHPHQWDWLRQ 5HFRPPHQGDWLRQ±QR 5HFRPPHQGDWLRQ±QR RFFXSDQF\SHUPLWZLWKRXW RFFXSDQF\SHUPLWZLWKRXW VWDELOL]DWLRQVXFKDVVRG VWDELOL]DWLRQVXFKDVVRG VHHGLQJEODQNHWVDQGRU VHHGLQJEODQNHWVDQGRU PDWWLQJ PDWWLQJ   3URKLELW)HHGLQJ 3URKLELW)HHGLQJ RI:LOGOLIH RI:LOGOLIH 3URKLELWLRQRQ38%/,& 3URKLELWLRQRQ38%/,& SURSHUW\RQO\ SURSHUW\RQO\ 3RVWLQJRIVLJQV 3RVWLQJRIVLJQV UHTXLUHG UHTXLUHG 0D[LPXPILQH 0D[LPXPILQH 3DUWRIDODUJHUORQJ 3DUWRIDODUJHUORQJ WHUPZLOGOLIH WHUPZLOGOLIH PDQDJHPHQWSURJUDP PDQDJHPHQWSURJUDP   ïØÆúÔÉÄöËØØÏíÎÑÔÚÔØÊ ïØÆúÔÉÄöËØØÏíÎÑÔÚÔØÊ ôÏÔÉÔÜÉØÙÛÄêÉÜ×× ôÏÔÉÔÜÉØÙÛÄêÉÜ×× *UHHQ%XLOGLQJ/((' *UHHQ%XLOGLQJ/((' *XLGHOLQHVIRU&LW\ *XLGHOLQHVIRU&LW\ %XLOGLQJV±$GPLQLVWUDWLYH %XLOGLQJV±$GPLQLVWUDWLYH 'LUHFWLYH 'LUHFWLYH )ROORZV)HGHUDODQG6WDWH )ROORZV)HGHUDODQG6WDWH ([DPSOHV ([DPSOHV 5HTXLUHV³&HUWLILFDWLRQ´ 5HTXLUHV³&HUWLILFDWLRQ´ /HYHO 0LQLPXP /HYHO 0LQLPXP   ïØÆúÔÉÄöËØØÏíÎÑÔÚÔØÊ ïØÆúÔÉÄöËØØÏíÎÑÔÚÔØÊ /(('*XLGHOLQHV /(('*XLGHOLQHV ,QFOXGHV³6XVWDLQDEOH ,QFOXGHV³6XVWDLQDEOH 6LWH´JXLGHOLQHVDQG 6LWH´JXLGHOLQHVDQG PHWULFV PHWULFV 6RPHLQFUHDVHGFRVWV 6RPHLQFUHDVHGFRVWV LQGHVLJQDQG LQGHVLJQDQG FRQVWUXFWLRQW\SLFDO FRQVWUXFWLRQW\SLFDO SD\EDFNLQ ïØÆúÔÉÄöËØØÏíÎÑÔÚÔØÊ ïØÆúÔÉÄöËØØÏíÎÑÔÚÔØÊ 6WRUPZDWHU0DQDJHPHQW 6WRUPZDWHU0DQDJHPHQW IRU&LW\5HGHYHORSPHQW IRU&LW\5HGHYHORSPHQW 3URMHFWV 3URMHFWV $GPLQLVWUDWLYH'LUHFWLYH $GPLQLVWUDWLYH'LUHFWLYH 5HTXLUHV6WRUPZDWHU 5HTXLUHV6WRUPZDWHU 0DQDJHPHQWIRUDOO 0DQDJHPHQWIRUDOO LPSHUYLRXVDUHDVRQ LPSHUYLRXVDUHDVRQ 5HGHYHORSPHQW3URMHFWV 5HGHYHORSPHQW3URMHFWV   ïØÆúÔÉÄöËØØÏíÎÑÔÚÔØÊ ïØÆúÔÉÄöËØØÏíÎÑÔÚÔØÊ 9HJHWDWLYH%XIIHUV 9HJHWDWLYH%XIIHUV RQ&LW\3URSHUW\ RQ&LW\3URSHUW\ $GPLQLVWUDWLYH $GPLQLVWUDWLYH 'LUHFWLYH 'LUHFWLYH (QFRXUDJHV (QFRXUDJHV YHJHWDWLYHEXIIHUV YHJHWDWLYHEXIIHUV PLQLPXPRIIHHW PLQLPXPRIIHHW IURPZDWHU IURPZDWHU &LW\3URSHUW\2QO\ &LW\3URSHUW\2QO\   ïØÆúÔÉÄöËØØÏíÎÑÔÚÔØÊ ïØÆúÔÉÄöËØØÏíÎÑÔÚÔØÊ $OWHUQDWLYH/DQGVFDSH $OWHUQDWLYH/DQGVFDSH 3ODQ*XLGHOLQHV 3ODQ*XLGHOLQHV '6&1RWLILFDWLRQ '6&1RWLILFDWLRQ $OORZVIRU%LR± $OORZVIRU%LR± 5HWHQWLRQLQ3DUNLQJ 5HWHQWLRQLQ3DUNLQJ ORWV ORWV 'RHV127UHGXFH 'RHV127UHGXFH FDQRS\RUJUHHQVSDFH FDQRS\RUJUHHQVSDFH UHTXLUHPHQWV UHTXLUHPHQWV   ïØÆúÔÉÄöËØØÏíÎÑÔÚÔØÊ ïØÆúÔÉÄöËØØÏíÎÑÔÚÔØÊ 5HJXODWLRQVIRU%XIIHU 5HJXODWLRQVIRU%XIIHU 5HVWRUDWLRQIRU 5HVWRUDWLRQIRU FRQGLWLRQDO]RQLQJ FRQGLWLRQDO]RQLQJ YDULDQFHVDQG YDULDQFHVDQG HDVHPHQWV HDVHPHQWV   íÕÜÊØ oùØÚØÐÛØË  íÕÜÊØ oùØÚØÐÛØË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úÎÏÉÔÏÈÎÈÊôÐÍËÎÇØÐØÏÉ úÎÏÉÔÏÈÎÈÊôÐÍËÎÇØÐØÏÉ mîÍÍÎËÉÈÏÔÉÔØÊl mîÍÍÎËÉÈÏÔÉÔØÊl 9LUJLQLD%HDFKLVDQH[DPSOHRI³%HVW3UDFWLFHV´ 9LUJLQLD%HDFKLVDQH[DPSOHRI³%HVW3UDFWLFHV´ IRUWKHUHJLRQDQGWKH6WDWH IRUWKHUHJLRQDQGWKH6WDWH 6XSSRUWWKH86&RQIHUHQFHRI0D\RU¶V&OLPPDWH 6XSSRUWWKH86&RQIHUHQFHRI0D\RU¶V&OLPPDWH 3URWHFWLRQ$JUHHPHQW 3URWHFWLRQ$JUHHPHQW &RQVLGHURSSRUWXQLWLHVIRU &RQVLGHURSSRUWXQLWLHVIRU *UHHQ)XQGV *UHHQ)XQGV ,QFHQWLYHVDQG&KDUWHU3URJUDPV ,QFHQWLYHVDQG&KDUWHU3URJUDPV 'HQVLW\%RQXVRURWKHULQFHQWLYHVIRU*UHHQ 'HQVLW\%RQXVRURWKHULQFHQWLYHVIRU*UHHQ %XLOGLQJSURMHFWV %XLOGLQJSURMHFWV   ÷ÈÉÈËØüÚÉÔÎÏÊ ÷ÈÉÈËØüÚÉÔÎÏÊ 2UGLQDQFHV)DOO 2UGLQDQFHV)DOO 4XDUWHUO\5HSRUW6HSWHPEHU 4XDUWHUO\5HSRUW6HSWHPEHU &RXQFLO%ULHILQJ3KDVH'HFHPEHU &RXQFLO%ULHILQJ3KDVH'HFHPEHU 4XDUWHUO\5HSRUW$SULO 4XDUWHUO\5HSRUW$SULO &RXQFLO%ULHILQJ3KDVH-XO\ &RXQFLO%ULHILQJ3KDVH-XO\   ìÈØÊÉÔÎÏÊþ ìÈØÊÉÔÎÏÊþ &LW\&RXQFLO%ULHILQJ &LW\&RXQFLO%ULHILQJ -XO\ -XO\