HomeMy WebLinkAboutItem 4a. 1043 George St. (ARCH-0367-2022)
CULTURAL HERITAGE COMMITTEE AGENDA REPORT
SUBJECT: 1043 GEORGE ST. (ARCH-0367-2022) REVIEW OF AN UPPER-LEVEL
ADDITION TO A CONTRIBUTING LIST HISTORIC RESOURCE
BY: Walter Oetzell, Assistant Planner FROM: Brian Leveille, Senior Planner
Phone Number: (805) 781-7593 Phone Number: (805) 781-7166
Email: woetzell@slocity.org Email: bleveille@slocity.org
APPLICANTS: Peter Gillespie & Cheryl Cathy REPRESENTATIVE: Dana Hunter
RECOMMENDATION
Provide a recommendation to the Community Development Director as to the consistency
of the proposed work with applicable historical preservation policies, standards, and
guidelines.
1.0 BACKGROUND
The applicants propose to construct an addition to a single -family dwelling designated as
a Contributing List Historical Resource. As provided by §§ 14.01.030 (B) (7) & (C) (4) of
the City’s Historic Preservation Ordinance, the application is subject to review by the
Cultural Heritage Committee (CHC).
On December 12, 2022 the Committee reviewed plans for the proposed addition 1 and
continued consideration of the item with direction to the applicant, including that revisions
of the project design be considered that would respond to the concerns raised by the
Committee regarding rhythm and massing, and addressing the significance of alteration
of the primary façade of a listed historical resource, to better conform to the Secretary of
the Interior’s Standards (SOI Standards) and the City’s Historic Preservation Program
Guidelines (HPPG) (see Meeting Minutes, Attachment A).
The applicants have submitted revised plans in response to this direction (see Project
Plans, Attachment B). The Committee will make a recommendation to the Community
Development Director as the consistency of the proposed work with the City’s historical
preservation policies.
2.0 DISCUSSION
1 The Cultural Heritage Committee Agenda Report prepared for the meeting is available in the City’s online
archive: http://opengov.slocity.org/WebLink/DocView.aspx?id=170933
Meeting Date: 3/27/2023
Item Number: 4a
Time Estimate: 30 Minutes
Page 9 of 61
Item 4a
HIST-0616-2022 (1043 George)
Cultural Heritage Committee Report – March 27, 2023
Site and Setting
The property is a residential parcel on the south side of George Street between Henry
and Jennifer Streets, within the East Railroad Area, a neighborhood with a concentration
of architecturally and historically important. The primary dwelling on the property is a four-
bedroom single-family dwelling constructed in 1910.2 This property is one of 25 properties
within the East Railroad Neighborhood that were added to the Contributing Properties List
by the City Council in February 2007 (Resolution 9875) based on its age, architectural
merit, and contribution to the neighborhood’s historical character.
The dwelling is one-and-a-
half stories in height and has
been described as
Vernacular in style, with
Colonial Bungalow
influences, associated with
Craftsman style architecture.
A more detailed description
of the character-defining
features of the dwelling are
provided in the December
12th CHC Agenda Report.
Project Description
The applicant proposes,
along with interior modifications, to construct addition s to the primary dwelling, providing
additional living area at the upper floor level by expanding the existing roof dormer on the
street-facing (front) slope of the building’s roof and adding an upper-floor addition to the
rear elevation of the building (see Project Plans, Attachment A, and Figure 2). Exterior
changes from the proposed work include removal of the existing chimney, and addition
of openings on the dormers for skylights. The addition will accommodate two bedrooms
and one bathroom.
2 Construction date according to City GIS data and San Luis Obispo County Assessor Property Information
Figure 1: 1043 George Street, street (north) elevation
Figure 2: Proposed additions: rear elevation (left), front elevation (right)
Page 10 of 61
Item 4a
HIST-0616-2022 (1043 George)
Cultural Heritage Committee Report – March 27, 2023
On the rear of the building the wall of the addition spans about 27 feet across and rises
as much as six feet above the existing roof surface. At the front, the wall of the addition
will span about 17 feet across and will be up to four and a half feet above the roof slope.
Each of the dormers has overhanging eaves, consistent with the existing roofline, and
exhibits a “2-in-12” slope (the same as the existing front dormer). The existing fascia line
is maintained around the perimeter of the roof , and the walls of the new dormers are set
back from the roof edge at each side by four and a half feet for the rear addition, and ten
feet for the front addition. The existing roof ridge and slope of the remaining existing roof
surfaces are unaltered.
3.0 EVALUATION
The City’s goals, policies, standards, and guidelines for historical and architectural
resources applicable to the proposed work were set out in detail in the December 12 th
CHC Agenda report for this item. The focus of interest with the work proposed under this
application was the magnitude of change in outward appearance under the prior design,
particularly the street appearance of the building, and whether the work could be
considered consistent with guidance provided in the Secretary of the Interior’s Standards
for the Treatment of Historic Properties.3
Prior Design
Under the prior design a larger addition was proposed on the front of the building, a
primary building elevation visible from the public right -of-way. The addition would have
altered the slope and symmetry of the roofline, altered the roof ridge, changing the design
and appearance of the building, particularly as seen from the street. The direction
provided by the CHC included consideration of design revisions that would respond to
concerns regarding rhythm and massing, to more closely match to the building’s original
Craftsman architecture, in a way that would maintain the structure’s original architectural
integrity.
Design Revisions
In response to the Committee’s direction, the applicant modified the desig n to address
the concerns raised regarding rhythm and massing, and the significance of the alteration
of the building’s primary façade. As described by the project architect (see Description of
Revisions, Attachment C) and depicted in Project Plans (Attachment B), the front dormer
addition was reduced to a more modest size and scale, with the existing ridge beam
height maintained. Another dormer addition has been placed on the less visible rear
elevation where its visual impact would be minimized. The chara cteristic rooflines viewed
from the sides of the building were maintained by setting back the dormer from the roof
edge and lower-floor wall plane.
3 Kay D. Weeks and Anne E. Grimmer. The Secretary of the Interior’s Standards for the Treatmen t of
Historic Properties with Guidelines for Preserving, Rehabilitating, Restoring & Reconstructing Historic
Buildings. Washington, D.C.: U.S. Department of the Interior National Park Service; Technical Preservation
Services, 2017
Page 11 of 61
Item 4a
HIST-0616-2022 (1043 George)
Cultural Heritage Committee Report – March 27, 2023
These revisions result in additions that can be considered to be subordinate and
secondary to the building, more closely match its distinctive façade design, better
preserve its roof forms and features, and reduce visible changes in appearance, to avoid
negative impacts to the building’s historic character.
Summary
The applicant has proposed a revised design for additions to the primary dwelling that
appears to address the concerns raised by the Commission at their December 12 th
meeting. Placement of the bulk of proposed additions on the less -visible rear elevation,
reducing the scale of the addition to the front elevation, setting additions back from the
existing roof line and wall plane, and preserving the roof ridge height and characteristic
fascia and rooflines as seen from the public right -of-way provide a basis for finding the
work to be consistent with the Secretary of the Interior’s Standards (SOI Standards) and
the City’s Historic Preservation Program Guidelines (HPPG).
4.0 ENVIRONMENTAL REVIEW
Construction of an addition to an existing structure is categorically exempt from CEQA
environmental review, as Existing Facilities (CEQA Guidelines § 15301 (e)).
Figure 4: Existing Elevations; front (left), east side (right)
Figure 4: Proposed Elevations; front (left), east side (right)
Page 12 of 61
Item 4a
HIST-0616-2022 (1043 George)
Cultural Heritage Committee Report – March 27, 2023
5.0 ACTION ALTERNATIVES
5.1 Recommend that the Community Development Director find the project consistent
with the City's historical preservation policies and standards, with any suggested
conditions of approval necessary to achieve such consistency.
5.2 Continue consideration of the item, with direction to staff and applicant.
5.3 Recommend that the Community Development Director find the project inconsistent
with historical preservation policies, citing specific areas of inconsistency.
6.0 ATTACHMENTS
A - Cultural Heritage Meeting Minutes of December 12, 2022)
B - Project Plans (ARCH-0367-2022)
C - Applicant’s Description Project Revisions (ARCH-0367-2022)
Page 13 of 61
Page 14 of 61
1
Cultural Heritage Committee Minutes
December 12, 2022, 5:30 p.m.
Council Chambers, 990 Palm Street, San Luis Obispo
Cultural Heritage
Committee Members
Present:
Committee Members John Ashbaugh, Chuck Crotser, Sabin
Gray, Leslie Terry, and John Tischler, Vice Chair Karen
Edwards, and Chair Eva Ulz
City Staff Present: Senior Planner Brian Leveille, Deputy City Clerk Kevin Christian
1. CALL TO ORDER
A Special Meeting of the San Luis Obispo Cultural Heritage Committee was
called to order on December 12, 2022 at 5:31 p.m. in the Council Chambers at
City Hall, 990 Palm Street, San Luis Obispo, by Chair Ulz.
2. OATH OF OFFICE
Deputy City Clerk Kevin Christian administered the Oath of Office to newly
appointed Cultural Heritage Committee Member Sabin Gray.
3. PUBLIC COMMENT FOR ITEMS NOT ON THE AGENDA
Public Comment:
None
End of Public Comment—
4. CONSENT
4.a CONSIDERATION OF MINUTES - OCTOBER 24, 2022 CULTURAL
HERITAGE COMMITTEE MINUTES
Motion By Member Crotser
Second By Member Ashbaugh
To approve the Cultural Heritage Committee Minutes of October 24, 2022.
Ayes (6): Members Ashbaugh, Crotser, Terry, and Tischler, Vice Chair
Edwards, and Chair Ulz
Abstained (1): Member Gray (Per the Advisory Body bylaws, abstentions
count as “yes” votes.)
CARRIED (6 to 0)
Page 15 of 61
2
5. PUBLIC HEARINGS
5.a 1043 GEORGE STREET (ARCH-0637-2022) REVIEW OF THE
ADDITION OF AN UPPER-LEVEL ROOF DORMER TO A
CONTRIBUTING LIST HISTORIC RESOURCE
Assistant Planner Walter Oetzell presented the staff report and responded
to Commission inquiries.
Applicant representative, Dana Hunter, Principal Architect, Hunter Smith
Architecture, provided an explanation of the needs that drove the
proposed project design and with assistance from Logan Hunter,
responded to questions raised.
Chair Ulz opened the Public Hearing
Public Comments:
None
End of Public Comment--
Chair Ulz closed the Public Hearing
Motion By Chair Ulz
Second By Member Ashbaugh
Continue the item, with direction that the applicant consider an application
to remove the property from the City's Inventory of Historic Resources, or
changes to the design of the proposed addition that respond to the
concerns raised by the Committee regarding rhythm and massing, and
addressing the significance of alteration of the primary façade of a listed
historical resource, to better conform to the Secretary of the Interior’s
Standards and the City’s Historic Preservation Program Guidelines.
Ayes (7): Member Ashbaugh, Member Crotser, Member Gray, Member
Terry, Member Tischler, Vice Chair Edwards, and Chair Ulz
CARRIED (7 to 0)
Page 16 of 61
3
6. COMMENT AND DISCUSSION
6.a CONTINUED REVIEW OF THE 2023-2025 CULTURAL HERITAGE
COMMITTEE GOALS
Senior Planner Brian Leveille reviewed the draft goals compiled from
feedback given by the Committee at the October 24, 2022, meeting.
Chair Ulz opened Public Comment
Public Comments:
None
End of Public Comment--
Chair Ulz closed Public Comment
By consensus, the Committee provided modifications as included in the
final goals presented below:
1. Historic Inventory & Historic Preservation Ordinance Update –
Allocate funds and resources for a comprehensive update of the
City’s inventory of historic resources and associated updates to the
Historic Preservation Ordinance as recommended by the consultant
led preliminary phase assessment and recommendations
completed by historic consultant Page and Turnbull.
2. City Owned Adobes – Support efforts to improve the structural
condition, historic integrity, and appropriate cultural interpretation of
the four City-owned adobes in light of the City’s Diversity, Equity
and Inclusion goals. In particular, support efforts to stabilize,
restore, and rehabilitate the La Loma Adobe.
3. Public Information: Provide information to increase awareness and
support of the Historic Preservation Program and Historic
Resources Inventory update project including opportunities for
participation; and, pursue opportunities for appropriate cultural
interpretation of historic resources with a focus on including City
goals to advance Diversity, Equity, and inclusion.
Page 17 of 61
4
6.b STAFF UPDATES AND AGENDA FORECAST
Senior Planner Brian Leveille provided an update of upcoming projects.
Deputy City Clerk Kevin Christian reminded the Committee that the annual
Advisory Body recruitment is ongoing and encouraged eligible members to
re-apply for an additional term.
7. ADJOURNMENT
The meeting was adjourned at 6:40 p.m. The next Regular Meeting of the
Cultural Heritage Committee is scheduled for January 23, 2023, at 5:30 p.m. in
the Council Chambers at City Hall, 990 Palm Street, San Luis Obispo. The
Regular Meeting of December 26, 2022 will be canceled due to the Christmas
Holiday.
APPROVED BY CULTURAL HERITAGE COMMITTEE: 02/27/2023
Page 18 of 61
352326('6&23(2):25.,6725(02'(/7+(,17(5,252)7+(35,0$5<5(6,'(1&($1'(;3$1'7+(6(&21')/225675((7)5217'250(5,1:,'7+$1'+(,*+7727+((;,6,71*%('52206,1*/()$0,/<5(6,'(1&($1'$''$1$'',7,21$/'250(5727+(5($5(/(9$7,217+(,17(5,255(02'(/:,//,1&/8'(5(/2&$7,1*7+(67$,5672$&&2002'$7($025()81&7,21$/.,7&+(1 /,9,1*$5($/$<2877+('2:167$,565(675220:,//%(5(&21),*85('72$//2:(48$/$&&(66)520%27+'2:167$,56%('52206)/225602/',1*6$1'27+(5(;7(5,25),1,6+(6&2175,%87,1*727+($5&+,7(&785$/67</(2)7+(+20(:,//%(5(3$,5('727+((;7(173266,%/(:+(15(3$,5,6127)($6,%/($/,.(.,1'5(3/$&(0(17:,//%(86('7+($33/,&$176$5(352326,1*72(/(9$7(%<
$1'(;3$1'7+((;,67,1*'250(572$&&2002'$7(025(&20)257$%/(29(5+($'&/($5$1&(,17+(8367$,562)),&($1'%('52207+(522)67</(3,7&+$1'0$7(5,$/62)7+,6$'',7,21$5(352326('720$7&+7+((;,67,1*'250(5)857+(5025(7+()5217)$&(2)7+('250(5:,//5(0$,121,76(;,67,1*3/$1((1/$5*,1*7+((;,67,1*'250(5:,//,03$&7$3352;,0$7(/<2)7+(%8,/',1*¶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
0$;/27&29(5$*(
'(16,7< 0$;'(16,7< '8$&0$;'(1,67<81,76 '8 ( 5(6,'(17,$/6758&785( %('52206 /(*$//<121&21)250,1* ( 5(6,'(17$,/6758&785( %('52206 /(*$//<121&21)250,1* ( /(*$/121&21)250,1*'(1,67<81,76 '8 /(*$//<121&21)250,1* $5(/(*$//<(67$%/,6+('
(;&(66'(16,7<,6/(*$//<121&21)250,1*%27+6758&785(6 ( %8,/',1*6800$5<86( 5(6,'(17,$/2&&83$1&< 5&216758&7,217<3( 9%12),5(635,1./(5180%(52)6725,(6 ( 180%(52)%('522065(6,'(17,$/6758&785( %('52206)/225 ( %8,/',1*)22735,17 /2:(56)&29(5('325&+ 6) ( 6(&21')/225$77,& 6) ( 6(&21')/225 6)1273$572)6&23( ( 5(6,'(17,$/6758&785( 6)180%(52)%('52206 %('52206 1 %8,/',1*6800$5<86( 5(6,'(17,$/2&&83$1&< 5&216758&7,217<3( 9%12),5(635,1./(5180%(52)6725,(6 ( %8,/',1*)22735,176) 1 180%(52)%('522060$,15(6,'(1&( %('52206&29(5('325&+6) ( 6(&21')/225$77,&6))5217'250(5(;3$16,21 6)5($5'250(5$'',7,21 %('5220 6)+(,*+72)%8,/',1*
*64730,: # 4(?/,0./;.,69.,:;9,,;:(53<0:6)0:76*( 6+((7,1'(;352-(&7'(6&5,37,21),5(+<'5$17/2&$7,217+(7+5((&/26(67),5(+<'5$176)5207+(6,7(,6/2&$7('21 ),5(+<'5$17 )((721+(15<6755(7)520*(25*(675((7),5(+<'5$17 )((721-(11,)(56755(7)520*(25*(675((7&2'(&203/,$1&(&2'(6 $//&216758&7,216+$//&21)250727+()2//2:,1*&2'(6 &$/,)251,$%8,/',1*&2'( &%& %$6('217+(,%& &$/,)251,$0(&+$1,&$/&2'( &0& %$6('217+(80& &$/,)251,$3/80%,1*&2'( &3& %$6('217+(83& &$/,)251,$(/(&75,&$/&2'( &(& %$6('217+(1(& &$/,)251,$*5((1%8,/',1*67$1'$5'6&2'( &$/*5((1 &$/,)251,$(1(5*<&2'( &$/,)251,$),5(&2'( &)& %$6('217+(,)& &$/,)251,$+($/7+$1'6$)(7<&2'( + 6& &$/,)251,$%86,1(66$1'352)(66,216&2'( % 3& 1$7,21$/),5(3527(&7,21$662&,$7,21667$1'$5'6 1)3$ 352-(&7&21',7,2162)$33529$/&,7<2)6$1/8,62%,63267$1'$5'&21',7,216081,&,3$/&2'(6$0(1'0(176$1'6(/(&7('&2'(5(48,5(0(17621),/($77+(&20081,7<'(9(/230(17'(3$570(173/$11,1*$1'%8,/',1*',9,6,21$//27+(5&2'(6$1'25',1$1&(6$'237('%<7+(&,7<2)6$1/8,62%,632$*(1&,(6+$9,1*-85,6',&7,2129(57+,6352-(&77,7/(7 7,7/(6+((77 *(1(5$/5(48,5(0(1767 &$/,)251,$*5((1%8,/',1*67$1'$5'6&2'(7 &$/,)251,$*5((1%8,/',1*67$1'$5'6&2'($5&+,7(&785$/6,7(&$ 7232*5$3+,&$/6859(<&$ 6,7(3/$1/$1'6&$3(/ /$1'6&$3(3/$1$6%8,/7$% $6%8,/7),567)/2253/$1$% $6%8,/76(&21')/2253/$1$% $6%8,/7522)3/$1$% $6%8,/7(/(9$7,216'(02/,7,21' '(02/,7,21),567)/2253/$1' '(02/,7,216(&21')/2253/$1' '(02/,7,21522)3/$1$5&+,7(&785$/$ ',0(16,21$/),567)/2253/$1$ ),567)/2253/$1$ ',0(16,21$/6(&21')/2253/$1$ 6(&21')/2253/$1$ '225$1':,1'2:6&+('8/($ ,17(5,25(/(9$7,216$ 522)3/$1$ 6(&7,216$ 6(&7,216$ (/(9$7,216$ (/(9$7,216$ (/(9$7,215(1'(56$ &203$5,621675((7)5217(/(9$7,21727$/ 6+((76352-(&7',5(&725<3(7(5*,//(63,( &+(5</&$7+(<81,9(56,7<'5,9(0(1/23$5.&$ 3+ (0$,/ SHWHUGJLOOHVSLH#JPDLOFRPFKHU\OFDWKH\#JPDLOFRP2:1(5$33/,&$17$5&+,7(&7+817(560,7+$5&+,7(&785(:$/187675((768,7(
%
6$1/8,62%,632&$ &217$&7 '$1$+817(53+ )$; (0$,/ GDQD#KXQWHUVPLWKDUFKLWHFWXUHFRP1257+)+)+9,&,1,7<0$3 352-(&7/2&$7,21 02552676$1/8,62%,632&$ &,7<2)6$1/8,62%,632$*(1&,(6 87,/,7,(6 3$/0676$1/8,62%,632&$ 3$/0676$1/8,62%,632&$ &2817<2)6$1/8,62%,63238%/,&+($/7+'(3$570(17 -2+1621$9(6$1/8,62%,632&$ &2817<6+(5,))
6'(37.$16$6$9(6$1/8,62%,632&$ 87,/,7,(6'(3$570(17&,7<+$// 3$/0676$1/8,62%,632&$ 3$&,),&*$6 (/(&+,*8(5$675((76$1/8,62%,632&$ &$/),5(6$1/8,62%,632&2817<),5('(3$570(1716$17$526$676$1/8,62%,632&$ 87,/,7<7(/(3+21( 0,//676$1/8,62%,632&$ 7+(62&$/*$6&203$1<(0,/<676$1/8,62%,632&$ 63(&7580&20081,&$7,216%5,'*(676$1/8,62%,632&$ &,7<38%/,&:25.6 3$/0676$1/8,62%,632&$ 6$1/8,62%,63232/,&('(3$570(17:$/187676$1/8,62%,632&$ &,7<3/$11,1*&,7<%8,/',1*77,7/(6+((73(7(5*,//(63,(&+(5</&$7+(<81,9(56,7<'5,9(0(1/23$5.&$ *(25*(675(02'(/ $'',7,21*(25*(675((76$1/8,62%,632&$ 7KHVHGUDZLQJVDUHLQVWUXPHQWVRIVHUYLFHDQGDUHWKHSURSHUW\RI+817(560,7+$5&+,7(&785($OOGHVLJQVDQGRWKHULQIRUPDWLRQRQWKHGUDZLQJVDUHIRUXVHRQWKHVSHFLILHGSURMHFWDQGVKDOOQRWEHXVHGRWKHUZLVHZLWKRXWWKHH[SUHVVHGZULWWHQSHUPLVVLRQRI+817(560,7+$5&+,7(&785(:DOQXW6WUHHW6XLWH%6DQ/XLV2ELVSR&$ +817(560,7+ $662&,$7(6,1&'%$+817(560,7+$5&+,7(&785(&127)25&216758&7,213/27'$7( 0,125$5&+68%-8/0,1$5&+5(95(68% 6(3&+&5(68%)(%125(48,5('3$5.,1*12$'',7,21727+(%8,/',1*)22735,17257+(&5($7,212)1(:%('52206,6%(,1*352326('7+(5()25(7+(+20(:,//&217,18(72%((;,67,1*121&21)250,1*:,7+2877+(1((')25&5($7,1*1(:3$5.,1*'%/2'%_34_2%-/$%,_!$$)4)/.40569 +,=,3674,5; 9,=0,>05=,5;69@ 6- /0:;690* 9,:6<9*,: (: (*65;90)<;05. 30:; 9,:6<9*,)5217'250(5(;3$16,215($5'250(5$'',7,21Page 19 of 61
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
6,7(3/$16&$/( 3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/371/;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
;
;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;(//$675((7&21&&85%$1'*877(5&21&&85%$1'*877(5&21&6,'(:$/.+('*(:$//('*(2)3$9(0(17:$//:$//:$//
:$//&21&:$//
:$//&29(5('325&+7+5(6+2/'(/(9
(/(&0(7(575((:******66666666666666666666666666666666666666666666)(1&(%$<:,1'2:)(1&(('*(2)3$9(0(17&21&6,'(:$/.3$/0&21&(;,67,1*6725<5(6,'(1&(:$//3$/06:$//:$//:$//:$//&21&:$//75((75((6:$//'(&.)(1&()(1&()(1&('(&.(;,67,1*6,1*/(6725<5(6,'(1&(&21&;;;;;;;)(1&()(1&(&21&&21&&85%$1'*877(5&21&6,'(:$/.7+5(6+2/'(/(9
7+5(6+2/'(/(9
(/(&0(7(56'(16(68&&8/(176)(1&($5($2)352326('6&23(2):25.6725<5(6,'(17,$/6758&785(%('%$7+ 6) /'('((;,67,1*6,1*/(6725<5(6,'(1&(7+5(6+2/'(/(9
7+5(6+2/'(/(9
(/(&0(7(561,&%('%$7+5(6,'(17,$/6758&785( 6)
6(7%$&.
6(7%$&.
6(7%$&.
6(7%$&.
6(7%$&.
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
65(63216,%,/,7<729(5,)</27/,1(635,2572)281'$7,21,163(&7,217+(/27&251(566+$//%(67$.('$1'6(7%$&.60$5.('%<$/,&(16('352)(66,21$/ ( /2$'%($5,1*)(1&( ( /2$'%($5,1*:$//6,7(5()(5(1&(127(6 3523(57</,1(6(7%$&./,1(
6,'(6$1'5($5
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
/2:(67(;,67,1**5$'(32,17
/27'(37+
$9(5$*(&52666/23( Page 20 of 61
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
/$1'6&$3(3/$16&$/( *0 :0&2&2&2&21&&85%$1'*877(5&21&&85%&21&6,'(:$/.+('*(:$//('*(2)3$9(0(17:$//:$//:
$
/
/
:
$
/
/&21&:
$
/
/
:
$
/
/&29(5('325&+7+5(6+2/'(/(9
(/(&0(7(575(()(1&(%$<:,1'2:)(1&(('*(2)3$9(0(17&21&6,'(:$/.3$/0&21&(;,67,1*6725<5(6,'(1&(:$//3$/06:$//:$//:$//:$//&21&:$//75((75((6:$//'(&.)(1&()(1&()(1&('(&.(;,67,1*6,1*/(6725<5(6,'(1&(&21&)(1&()(1&(&21&&21&&85%$1'*877(5&21&6,'(:$/.*07+5(6+2/'(/(9
7+5(6+2/'(/(9
(/(&0(7(56'(16(68&&8/(1763/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/3/:$7(5*$6
/$1'6&$3($5($6$5($6 6) 6,7($5($ 6) /$1'6&$3(3(5&(17$*( 0,1 /$1'6&$3(6)6)+$5'6&$3(6)6)%8,/',1* 6)6)6)$//3/$170$7(5,$/6+$//%(&216,67(17:1856(5<67$1'$5'67+(/$1'6&$3('(6,*1,63/$11('72&5($7((526,21&21752//,0,75812))$1'&216(59(:$7(57+(/$1'6&$3('(6,*1,17(1'('72&5($7($%8))(5%(7:((13('(675,$1:$/.:$<6$1'7+(352326('6758&785(63529,'(23(1$5($6)257(1$177286($1'72&5($7($1$785$/&$/,)251,$/$1'6&$3(/2:/(9(//$1'6&$3(/,*+7,1*6+$//%(3529,'('$/21*7+(3('(675,$1:$/.:$<672&5($7($6$)(5287(2)75$9(/$5281'3523(57<)25$'(48$7(6&5((1,1*2)%$&.)/2:685)$&('5$,1$*(6<67(067+$7,1&/8'(%,26:$/(6253/$17('$5($66+$//%('(6,*1(' %,26:$/($1'%,25(7(17,21/(9(/(5:,//&21)250727+(&2817</,',1,7,$7,9(*8,'(/,1(6$1'9(*(7$7,2163(&,),&$7,2172%(9(5,),('7+(/$1'6&$3(6+$//%(&21752//('%</2:)/2:'5,3,55,*$7,21/$1'6&$3(72%(&203/,$17:,7+&,7<2)6$1/8,62%,632/$1'6&$3(67$1'$5'6$1'7+(67$7(02'(/:$7(5()),&,(17/$1'6&$3(25',1$1&($///,*+7,1*),;785(66+$//%(6+,(/'('627+$71(,7+(57+(/$03257+(5(/$7('5()/(&725,17(5,25685)$&(,69,6,%/($1'627+$712/,*+76+,1(6,1727+(%$&.<$5'62)$'-$&(173523(57,(6$///,*+7,1*32/(6),;785(6$1'+22'66+$//%('$5.&2/25('*(1(5$//$1'6&$3(127(6 &21752//(56+$//%(:($7+(52562,/02,6785(%$6('&21752//(567+$7$8720$7,&$//<$'-867,55,*$7,21,15(63216(72&+$1*(6,13/$176
1(('$6:($7+(5&21',7,216&+$1*(,55,*$7,21127(6 :($7+(5%$6('&21752//(56:,7+287,17(*5$/5$,16(1625625&20081,&$7,2166<67(067+$7$&&2817)25/2&$/5$,1)$//6+$//+$9($6(3$5$7(:,5('25:,5(/(665$,16(1625:+,&+&211(&7625&20081,&$7(6:,7+7+(&21752//(5662,/02,6785(%$6('&21752//(56$5(1275(48,5('72+$9(5$,16(1625,1387/2::$7(586,1*,55,*$7,216<67(066+$//%(,167$//(''5,3,55,*$7,216+$//%(86(':+(5()($6,%/(7+(,55,*$7,21'(6,*16+$//127(;&(('2)(727,0(67+(/$1'6&$3($5($$///2::$7(5&2168037,21,55,*$7,216<67(066+$//0,1,0,=($1<86(2)635$<7<3(+($'6,55,*$7,216<67(06)256/23($5($66+$//127$33/<:$7(5$7$35(&,3,7$7,215$7(2)29(5,1&+(63(5+285$//,55,*$7,216+$//,1&/8'(%$&.)/2:35(9(17,2168&+$6$5('8&(35(6685(%$&.)/2:35(9(17(5,55,*$7,216&+('8/(66+$//%($'-867('48$57(5/<720((75(48,5(0(176$1'$'-867)256($6216,55,*$7,216<67(066+$//0,1,0,=(5812))$1'',6&+$5*(2):$7(52172$'-$&(17+$5'6&$3(253523(57,(6,55,*$7,21&/2&.&21752//(56+28/'%(352*5$00('7223(5$7('85,1*/2::$7(5'(0$1'$1'(9$325$7,213(5,2'62)7+('$<,(/$7(1,*+725($5/<0251,1*7+(,55,*$7,216<67(06+$//$33/<:$7(56/2:/<725('8&(5812))$///$1'6&$3($5($66+$//%(6(3$5$7(')520$63+$/7$5($6%<,1&+&21&5(7(&85%3(50$1(173/$17,1*65$7+(57+$16($62121(66+$//%(86('0,1,0803/$176,=(6 6,7(75((6 *$/ 6+58%6 *$/ *5281'&29(5 )/$76 ,55,*$7,216<67(072%(,167$//('$6$3$572)6,7(&216758&7,216<67(06+$//%(81'(5*5281'$8720$7,&'5,3(0,77(57<3(:,7+60$57&21752//(5$1'$8720$7,&5$,16+872))/2:35(&,3,7$7,215$7('(0,77(57<3(72%(86('720,1,0,=(5812))32,172)&211(&7,21)25:$7(56833/<6+$//%(%<$1(:/$1'6&$3(68%0(7(5$//3/$17,1*$5($66+$//5(&(,9($/$<(52)0(',80%$5.08/&+$)7(5,167$//$7,21$//3/$17,1*$1',55,*$7,216+$//%(,167$//('3(57+(&,7<2)6$1/8,62%,63267$1'$5'6$1'$33/,&$%/(&2'(6)256,7(:25.$5&+,7(&785$/$1'*5$',1*'5$,1$*(,1)250$7,216((3/$16$77$&+('$1'255()(5(1&('3/$16$//$5($6%(<21'7+($5($2):25.7+$7$5(',6785%('%<&216758&7,216+$//%(5(7851('7225,*,1$/&21',7,2175((63/$17(',1$1$5($/(667+$1
:,'(6+$//%(,167$//(':,7+$5227%$55,(5723527(&7$*$,167+$5'6&$3('$0$*(5()(5727+(+<'52=21(3/$10$;,080$33/,(':$7(5$//2:$1&(&$/&8/$7,216$1'(67,0$7('727$/:$7(586(7$%/(6)25,55,*$7,21:$7(5,1*7<3(6$1'92/80(5()(5727+($77$&+(':$7(5()),&,(17:25.6+((7)250$;,080$33/,(':$7(5$//2:$1&(67$%/($1'(67,0$7('727$/:$7(586(&$/&8/$7,2167+(/2:,03$&7'(9(/230(177,(56+$//%($³7,(5´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³'(&/$5$7,21´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age 21 of 61
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age 22 of 61
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
+(,*+7,6
$77,&6725$*(6)6,77,1*$5($%('5220%('52205,'*(%067$,56'172,/(7500$,15(6,'(1&(833(5/(9(/6)*5266$77,&$5($$77,&$5($$%%&&''(())**++--Page 23 of 61
$%$6%8,/7522)3/$13(7(5*,//(63,(&+(5</&$7+(<81,9(56,7<'5,9(0(1/23$5.&$ *(25*(675(02'(/ $'',7,21*(25*(675((76$1/8,62%,632&$ 7KHVHGUDZLQJVDUHLQVWUXPHQWVRIVHUYLFHDQGDUHWKHSURSHUW\RI+817(560,7+$5&+,7(&785($OOGHVLJQVDQGRWKHULQIRUPDWLRQRQWKHGUDZLQJVDUHIRUXVHRQWKHVSHFLILHGSURMHFWDQGVKDOOQRWEHXVHGRWKHUZLVHZLWKRXWWKHH[SUHVVHGZULWWHQSHUPLVVLRQRI+817(560,7+$5&+,7(&785(:DOQXW6WUHHW6XLWH%6DQ/XLV2ELVSR&$ +817(560,7+ $662&,$7(6,1&'%$+817(560,7+$5&+,7(&785(&3/27'$7( 0,125$5&+68%-8/0,1$5&+5(95(68% 6(3&+&5(68%)(%
$6%8,/7522)3/$16&$/( 6/23( 6/23( 6/23( 6/23( 6/23( 6/23( ( /2:(5522) ( 522)5,'*(5,'*(9$//(<9$//(< 6/23($%%&&''(())**++--Page 24 of 61
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
($676,'(6FDOH
6287+6,'(6FDOH
1257+6,'(6FDOH
Page 25 of 61
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
&216758&7,21$1''(02/,7,215(&<&/,1*3/$1$1'',6326$/5(3257
6+$//%(&203/(7('%<2:1(525&2175$&725$1'68%0,77('727+(&2817<2)6$1/8,62%,632$65(48,5(' '867&21752/6+$//%(0$,17$,1('727+(6$7,6)$&7,212)7+(&2817<2)6$1/8,62%,632 &216758&7,2112,6(:,//&203/<:,7+7+(081,&,3$/&2'(6(&7,21 $1',6/,0,7('727+(+285663(&,),(',17+(12,6(5(*8/$7,216 7+($33/,&$7,216+$//+$9(7+(6(:(5/$7(5$/7(/(9,6('7+($33/,&$7,216+$//68%0,7$9,'(2,163(&7,212)7+(/$7(5$/ 6 727+(%8,/',1*'(3$570(17)255(9,(: ),5(6$)(7<'85,1*&216758&7,21 %8,/',1*681'(5*2,1*&216758&7,21$/7(5$7,2125'(02/,7,216+$//%(,1$&&25'$1&(:,7+&+$37(52)7+(&)& (;,67,1*75((672%(5(029('$1'6+$//%(9(5,),(':,7+7+(2:1(565(02'(/,1*25'(02/,7,212)$35( 6758&785(6:,7+28786,1*/($'6$)(:25.35$&7,&(6,6$9,2/$7,212)7+(&$/,)251,$+($/7+$1'6$)(7<&2'(6(&7,21&2175$&72565(02'(/(56$1'3$,17(56$5(5(48,5('7286(
/($'6$)(
:25.35$&7,&(638568$17727,7/(&$/,)251,$&2'(2)5(*8/$7,2166(&7,21&216758&7,21'(%5,6.12:172&217$,1/($'%$6('3$,170867%(',6326('$7$1$33529('/2&$7,21'(02/,7,21127(6 '(02/,7,21:$///(*(1' ,17(5,25:$//72%('(02/,6+(''(02/,7,216&23(2):25. (;7(5,253$7,2:$//6 6+('522)6758&785( 6(&7,212)3$5.,1*/27,17(5,25'22572%('(02/,6+(',17(5,2523(1,1*72%(5(3/$&(':,1'2:72%('(02/,6+(''(02/,7,215()(5(1&(127(6 5(029(,17(5,25:$//5(029(,17(5,25'2255(029(,17(5,2567$,5&$6(5(029(%$7+5220),;785(65(029(),5(3/$&(5(029(3,3(5(029(522)9(175(029(:,1'2:5(029(/2)763$&(5(029(6.</,*+7&87287)/225)2567$,5&$6(5(029(:$7(5+($7(55(029((;7(5,25'2255(029(.,7&+(1&$%,1(76 $33/,$1&(65(029(3257,212)522))256.</,*+75(029(522)Page 26 of 61
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
+(,*+7,6
6725$*(6,77,1*$5($%('5220%('52205,'*(%0/2)763$&($%%&&''))++-- 35,2572'(02/,7,21$1<(526,21&21752/0(7+2'65(48,5('6+28/'%(,1,167$//('$1'68)),&,(17/<9(5,),('%<7+(*(1(5$/&2175$&725 +28562)'(02/,7,216+$//%(/,0,7(')520 $072 30021'$<7+528*+)5,'$< 3('(675,$166+$//%(3527(&7(')520&216758&7,21'(02/,7,21$667$7(',1&%&&+$37(56(&7,21 '867&21752/0($685(66+$//%(,1())(&7&217,18286/<'85,1*'(02/,7,21$672/,0,77+($028172)$,5%251('(%5,6$1''867 0$7(5,$/$1'&216758&7,21'(%5,672%(+$8/('2))6,7(6+$//%(68)),&,(17/<&29(5('257$533('$672127$//2:$1<0$7(5,$/72/($9(7+(9(+,&/(:+,/(21$1<38%/,&5,*+72):$< 0$7(5,$/$1'&216758&7,21'(%5,672%(+$8/('2))6,7(6+$//%(5(&<&/('25',6326('2)3523(5/<,1$1$33529('0($16 &$3$//87,/,7,(6$61(&(66$5<35,2572$1<3/80%,1*(/(&75,&$/25*$6',6&211(&7 5(029($//'(%5,6$1'75$6+)52035(0,6(6$1'5(029()5206,7('$,/< &225',1$7(:,7+2:1(535,25725(029$/2)$1<(48,30(17)851,785(256758&785( 6$)(*8$5'6'85,1*&216758&7,21$1''(02/,7,216+$//%(,1$&&25'$1&(:,7+&)&&20%867,%/(&216758&7,21'(%5,66+$//127%(3(50,77('72$&&808/$7(:,7+,17+(%8,/',1*$1'6+$//%(5(029(''$,/< 9(5,)<$//,7(0672%('(02/,6+(':,7+2:1(535,2572&200(1&,1*'(02/,7,21127,)<$5&+,7(&72) $1<',6&5(3$1&,(6)281',00(',$7(/< 9(5,)<$6%8,/7&21',7,21,1),(/'35,2572&216758&7,21'(02/,7,21 127,)<$5&+,7(&7,00(',$7(/<2)$1<',6&5(3$1&,(6)281'%(7:((17+(3/$16$1'7+($6%8,/7&21',7,21 9(5,)<)5$0,1*0(0%(56,=(6$1'',5(&7,21$1'127,)<$5&+,7(&7(1*,1((5:,7+',6&5(3$1&,(6 9(5,)<$//3/80%,1*/2&$7,216:,7+2:1(535,2572&216758&7,21'(02/,7,21$1'127,)<$5&+,7(&72)$1<',6&5(3$1&,(6 &2175$&725729(5,)<$//',0(16,21635,2572&216758&7,21$1'127,)<$5&+,7(&72)$1<',6&5(3$1&,(6 $
&216758&7,21$1''(02/,7,215(&<&/,1*3/$1$1'',6326$/5(3257
6+$//%(&203/(7('%<2:1(525&2175$&725$1'68%0,77('727+(&2817<2)6$1/8,62%,632$65(48,5(' '867&21752/6+$//%(0$,17$,1('727+(6$7,6)$&7,212)7+(&2817<2)6$1/8,62%,632 &216758&7,2112,6(:,//&203/<:,7+7+(081,&,3$/&2'(6(&7,21 $1',6/,0,7('727+(+285663(&,),(',17+(12,6(5(*8/$7,216 7+($33/,&$7,216+$//+$9(7+(6(:(5/$7(5$/7(/(9,6('7+($33/,&$7,216+$//68%0,7$9,'(2,163(&7,212)7+(/$7(5$/ 6 727+(%8,/',1*'(3$570(17)255(9,(: ),5(6$)(7<'85,1*&216758&7,21 %8,/',1*681'(5*2,1*&216758&7,21$/7(5$7,2125'(02/,7,216+$//%(,1$&&25'$1&(:,7+&+$37(52)7+(&)& (;,67,1*75((672%(5(029('$1'6+$//%(9(5,),(':,7+7+(2:1(565(02'(/,1*25'(02/,7,212)$35( 6758&785(6:,7+28786,1*/($'6$)(:25.35$&7,&(6,6$9,2/$7,212)7+(&$/,)251,$+($/7+$1'6$)(7<&2'(6(&7,21&2175$&72565(02'(/(56$1'3$,17(56$5(5(48,5('7286(
/($'6$)(
:25.35$&7,&(638568$17727,7/(&$/,)251,$&2'(2)5(*8/$7,2166(&7,21&216758&7,21'(%5,6.12:172&217$,1/($'%$6('3$,170867%(',6326('$7$1$33529('/2&$7,21'(02/,7,21127(6 '(02/,7,21:$///(*(1' ,17(5,25:$//72%('(02/,6+(''(02/,7,216&23(2):25. (;7(5,253$7,2:$//6 6+('522)6758&785( 6(&7,212)3$5.,1*/27,17(5,25'22572%('(02/,6+(',17(5,2523(1,1*72%(5(3/$&(':,1'2:72%('(02/,6+(''(02/,7,215()(5(1&(127(6 5(029(,17(5,25:$//5(029(,17(5,25'2255(029(,17(5,2567$,5&$6(5(029(%$7+5220),;785(65(029(),5(3/$&(5(029(3,3(5(029(522)9(175(029(:,1'2:5(029(/2)763$&(5(029(6.</,*+7&87287)/225)2567$,5&$6(5(029(:$7(5+($7(55(029((;7(5,25'2255(029(.,7&+(1&$%,1(76 $33/,$1&(65(029(3257,212)522))256.</,*+75(029(522)Page 27 of 61
35,2572'(02/,7,21$1<(526,21&21752/0(7+2'65(48,5('6+28/'%(,1,167$//('$1'68)),&,(17/<9(5,),('%<7+(*(1(5$/&2175$&725 +28562)'(02/,7,216+$//%(/,0,7(')520 $072 30021'$<7+528*+)5,'$< 3('(675,$166+$//%(3527(&7(')520&216758&7,21'(02/,7,21$667$7(',1&%&&+$37(56(&7,21 '867&21752/0($685(66+$//%(,1())(&7&217,18286/<'85,1*'(02/,7,21$672/,0,77+($028172)$,5%251('(%5,6$1''867 0$7(5,$/$1'&216758&7,21'(%5,672%(+$8/('2))6,7(6+$//%(68)),&,(17/<&29(5('257$533('$672127$//2:$1<0$7(5,$/72/($9(7+(9(+,&/(:+,/(21$1<38%/,&5,*+72):$< 0$7(5,$/$1'&216758&7,21'(%5,672%(+$8/('2))6,7(6+$//%(5(&<&/('25',6326('2)3523(5/<,1$1$33529('0($16 &$3$//87,/,7,(6$61(&(66$5<35,2572$1<3/80%,1*(/(&75,&$/25*$6',6&211(&7 5(029($//'(%5,6$1'75$6+)52035(0,6(6$1'5(029()5206,7('$,/< &225',1$7(:,7+2:1(535,25725(029$/2)$1<(48,30(17)851,785(256758&785( 6$)(*8$5'6'85,1*&216758&7,21$1''(02/,7,216+$//%(,1$&&25'$1&(:,7+&)&&20%867,%/(&216758&7,21'(%5,66+$//127%(3(50,77('72$&&808/$7(:,7+,17+(%8,/',1*$1'6+$//%(5(029(''$,/< 9(5,)<$//,7(0672%('(02/,6+(':,7+2:1(535,2572&200(1&,1*'(02/,7,21127,)<$5&+,7(&72) $1<',6&5(3$1&,(6)281',00(',$7(/< 9(5,)<$6%8,/7&21',7,21,1),(/'35,2572&216758&7,21'(02/,7,21 127,)<$5&+,7(&7,00(',$7(/<2)$1<',6&5(3$1&,(6)281'%(7:((17+(3/$16$1'7+($6%8,/7&21',7,21 9(5,)<)5$0,1*0(0%(56,=(6$1'',5(&7,21$1'127,)<$5&+,7(&7(1*,1((5:,7+',6&5(3$1&,(6 9(5,)<$//3/80%,1*/2&$7,216:,7+2:1(535,2572&216758&7,21'(02/,7,21$1'127,)<$5&+,7(&72)$1<',6&5(3$1&,(6 &2175$&725729(5,)<$//',0(16,21635,2572&216758&7,21$1'127,)<$5&+,7(&72)$1<',6&5(3$1&,(6 $
&216758&7,21$1''(02/,7,215(&<&/,1*3/$1$1'',6326$/5(3257
6+$//%(&203/(7('%<2:1(525&2175$&725$1'68%0,77('727+(&2817<2)6$1/8,62%,632$65(48,5(' '867&21752/6+$//%(0$,17$,1('727+(6$7,6)$&7,212)7+(&2817<2)6$1/8,62%,632 &216758&7,2112,6(:,//&203/<:,7+7+(081,&,3$/&2'(6(&7,21 $1',6/,0,7('727+(+285663(&,),(',17+(12,6(5(*8/$7,216 7+($33/,&$7,216+$//+$9(7+(6(:(5/$7(5$/7(/(9,6('7+($33/,&$7,216+$//68%0,7$9,'(2,163(&7,212)7+(/$7(5$/ 6 727+(%8,/',1*'(3$570(17)255(9,(: ),5(6$)(7<'85,1*&216758&7,21 %8,/',1*681'(5*2,1*&216758&7,21$/7(5$7,2125'(02/,7,216+$//%(,1$&&25'$1&(:,7+&+$37(52)7+(&)& (;,67,1*75((672%(5(029('$1'6+$//%(9(5,),(':,7+7+(2:1(565(02'(/,1*25'(02/,7,212)$35( 6758&785(6:,7+28786,1*/($'6$)(:25.35$&7,&(6,6$9,2/$7,212)7+(&$/,)251,$+($/7+$1'6$)(7<&2'(6(&7,21&2175$&72565(02'(/(56$1'3$,17(56$5(5(48,5('7286(
/($'6$)(
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
'(02/,7,21522)3/$16&$/( '(02/,7,215()(5(1&(127(6 5(029(,17(5,25:$//5(029(,17(5,25'2255(029(,17(5,2567$,5&$6(5(029(%$7+5220),;785(65(029(),5(3/$&(5(029(3,3(5(029(522)9(175(029(:,1'2:5(029(/2)763$&(5(029(6.</,*+7&87287)/225)2567$,5&$6(5(029(:$7(5+($7(55(029((;7(5,25'2255(029(.,7&+(1&$%,1(76 $33/,$1&(65(029(3257,212)522))256.</,*+75(029(522)Page 28 of 61
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
8129(5,)<528*+23(1,1*635,2572)5$0,1* $//(;7(5,25'225'225$1':,1'2:+(,*+766+$//%(
8129(5,)<528*+23(1,1*635,2572)5$0,1* $//$1*/(6$5(812 6(7%8,/',1*)22735,170,1$:$<)5207+(%8,/',1*6(7%$&./,1(672$//2:)25),1,6+0$7(5,$/6 $//),1,6+&(,/,1*+(,*+766+$//%(
7<38125()(572)/2253/$16
',0(16,21$//2:(5)/2253/$16&$/( %('5220%('5220',1,1*5220/$81'5<08'5220(175<%$7+5220&/26(7&/26(7&29(5('325&+6)/,9,1*522067$,5683.,7&+(1':5,6( 581 5,6(56&/26(781'(567$,56%8,/7,13$175</,1(1&/26(7%(1&+6+2:(578%%(1&+'(6.,1'8&7,216729(29(1,6/$1'
[
6,1.0:0$,15(6,'(1&(/2:(5/(9(/6):'3'5507$//&$%,1(7
$$%%&&''(())**++--Page 29 of 61
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
8129(5,)<528*+23(1,1*635,2572)5$0,1* $//(;7(5,25'225'225$1':,1'2:+(,*+766+$//%(
8129(5,)<528*+23(1,1*635,2572)5$0,1* $//$1*/(6$5(812 6(7%8,/',1*)22735,170,1$:$<)5207+(%8,/',1*6(7%$&./,1(672$//2:)25),1,6+0$7(5,$/6 $//),1,6+&(,/,1*+(,*+766+$//%(
7<38125()(572)/2253/$16&/26(7%$7+%('5220 6)67$,56'15,6( 581 5,6(56&/2&/26.</,*+76.</,*+76.</,*+76.</,*+70$,15(6,'(1&(833(5/(9(/ 6)5,'*(%0%('52206)+(,*+7,6
&/26(7$77,&$77,&6.</,*+7+(,*+7,6
/,1(1&/26.</,*+76.</,*+7
1
'250(5 1
'250(5
1
'250(5 1
'250(5
&&''**$77,& 1
'250(5$77,&++Page 30 of 61
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
6ZLQJ6LPSOH6TXDUH3DQHO
' 1
6ZLQJ6LPSOH6TXDUH3DQHO
' 1
6ZLQJ%LSDUW6TXDUH3DQHO
' 1
6ZLQJ6LPSOH6ORSHG3DQHO
' 1
6ZLQJ6LPSOH6TXDUH6ROLG
' 1
6ZLQJ6LPSOH6TXDUH*ODVV
'87&+'225723' 1
6ZLQJ6LPSOH6TXDUH3DQHO
'87&+'225%27720:LQGRZ6FKHGXOHZLWK,PDJHV1RPLQDO6L]H:LQGRZ6W\OH6LOO,PDJH0DUN4XDQWLW\2$:LGWK2$+HLJKW&RQILJXUDWLRQ6KDSH0XQWLQ3DWWHUQ52:LGWK52+HLJKW0DV2:LGWK0DV2+HLJKW&RPPHQWV: 1
+RUL]RQWDO6OLGHU5HFWDQJOH&RORQLDO7LPEHU
: 1
+RUL]RQWDO6OLGHU5HFWDQJOH&RORQLDO7LPEHU
: 1
&DVHG2SHQLQJ5HFWDQJOH&RORQLDO7LPEHU
*(1(5$/'225 :,1'2:127(6 $//,17(5,25'22566+$//%(62/,'&25($//,17'22566+$//+$9('22567236$1' 7+5((%877+,1*(63529,'($1',167$//:($7+(5675,33,1*$7$//(;7(5,25'2256 '22566+$//%(6($/(':$1$33529('6($/(5 $//(;,7'2256+$//%(23(1$%/()5207+(,16,'(:,7+2877+(86(2)$.(<25$1<63(&,$/.12:/('*(25())257(;,7'2256)520*5283$2&&83$1&,(66+$//127%(3529,'(':,7+$/$7&+25/2&.81/(66,7,63$1,&+$5':$5(&+$3&%&/2&.,1*'(9,&(6$7(;,7'22566+$//+$9($3/$,1/<0$5.('$1'5($',/<',67,1*8,6+$%/(0(66$*(3$1(/,1',&$7,1*:+(7+(57+(/2&.,6,17+(23(125/2&.('326,7,210$18$//<23(5$7('('*(25685)$&(02817(')/86+%2/76$1'685)$&(%2/76$5(352+,%,7('$7(;,7'2256:+(5((;,7'2256$5(6+2:1,17+(6&+('8/($6$33($56$1'$33529('$8720$7,&)/86+%2/76$5(86('7+('225/($)+$9,1*7+($8720$7,&)/86+%2/766+$//+$9(12'225.12%25685)$&(02817('+$5':$5(7+(81/$7&+,1*2)$1</($)6+$//1275(48,5(025(7+$121(23(5$7,217+(81/$7&+,1*2)$1<(;,7'2256+$//1275(48,5(025(7+$121(23(5$7,21$//(;7(5,25'22566+$//%(:($7+(5675,33(''225+$5':$5(6+$//%(&(17(5('%(7:((1 ,1&+(6+,*+$1'6+$//%(23(5$7(':,7+$6,1*/(386+38//$&7,9$7,21*%$562527+(5+$5':$5('(6,*1('723529,'(3$66$*(:,7+2875(48,5,1*7+($%,/,7<72*5$637+(23(1,1*+$5':$5(,17(5,25$1'(;7(5,257+5(6+2/'6:,//%(5(48,5('72%(12025(7+$1,1&+$%29(7+($'-$&(17)/225/(9(/6($&+(;326('('*(2)7+5(6+2/'6$5(5(48,5('72%(%(9(/('256/23('$7$1$1*/(12772(;&((''(*5((6627+$7129(57,&$/&+$1*(,1(/(9$7,21(;&(('6,1&+21'22567+$7+$9(&/26(567+('225&/26(535(6685(6+$//%(3281'6)25,17(5,25'22563281'6)25(;7(5,25'2256$1'3281'6)25),5((;,7'22567+(%27720,1&+(6 PP 2)$//'2256 (;&(37$8720$7,&$1'6/,',1* 6+$//+$9($60227+81,17(55837('685)$&(72$//2:7+('22572%(23(1('%<$:+((/&+$,5)2275(67:,7+287&5($7,1*$75$325+$=$5'286&21',7,21:+(5(1$552:)5$0('2256$5(86('$,1&+ PP +,*+60227+3$1(/6+$//%(,167$//('217+(386+6,'(2)7+('225:+,&+:,//$//2:7+('22572%(23(1('%<$:+((/&+$,5)2275(67:,7+287&5($7,1*$75$325+$=$5'286&21',7,21$//*/$=,1*,1'22566+$//%(%('8$/7(03(5(' (;&(37:+(5(),5(5$7(''2256$5(6&+('8/(':,5(*/$666+$//%(86(''225'(7$,/65()(5(1&('0$<1271(&(66$5,/<6+2:+$5:$5(602.(6($/6(7&5()(5725$7,1*$1'+$5':$5(*5283)25:($7+(5675,33,1*'225%27720625602.(6($/5(48,5(0(1763529,'(6(76)25.(<6)25$///2&.67$**('$1','(17,),(' '225&/26(56,)35(6(170867%(6(7627+$7,77$.(6$7/($676(&21'672&/26()520$123(1326,7,212)72:,7+,12)/$7&+ $5($',/<9,6,%/('85$%/(6,*1,63267('217+((*5(666,'(2125$'-$&(17727+('22567$7,1* 7+,6'225725(0$,181/2&.(':+(1%8,/',1*,62&&83,('7+(6,*16+$//%(,1/(77(56,1&++,*+21$&2175$67,1*%$&.*5281''225672%(6(/)&/26,1*$1'6(/)/$7&+,1*6,=(
;
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age 31 of 61
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
6/23( 6/23( ( 5,'*( 6/23( 6/23( 6/23( ( /2:(5522) 6/23( 1 522) 6/23( 1 522) ( 5,'*( $$&&))++--$5($$ $77,&5(48,5(' 64)7[64,164)7[ 64,1352326(' *$%/((1'9(1760$18)$&785(5 %5$1'*8$5'9(17602'(/ ;*$%/((1'02'(/*9))64,1/2&[/2& 64,1/2:352),/(522)9(170$18)$&785(5 %5$1'*8$5'9(17602'(/ ;/2:352),/(522)9(1702'(/6%
64,1/2&[/2& 64,162)),7$77,&9(17,/$7,210$18)$&785(5 %5$1'*8$5'9(17602'(/ ;62)),79(1702'(/&6))64,1/2&[/2& 64,1727$/352326(' 64,1 0,1 64,164,1??2.&%& $0,12)2)$,563$&(6+$//%(3529,'('%:17+(,168/$7,21$1'522)6+($7+,1*7+(1(7)5((9(17,/$7,1*$5($6+$//127%(/(667+$12)7+($5($2)7+(63$&(9(17,/$7('9(17,/$72566+$//%(,167$//(',1$&&25'$1&(:,7+0$18)$&785(5
6,167$//$7,21,16758&7,216*(1(5$/522),1*127(6 522)0$7(5,$/ $77,&9(17&$/&8/$7,21 &/$66$<($5&20326,7,21$63+$/76+,1*/(%<(/.25$33529('(48$/,167$//('29(521(/$<(50,1,0807<3( )(/7253(50)5
663(&,),&$7,216522)&29(5,1*$1',167$//$7,21$63(5&%&$//522),1*6+$//&203/<:,7+6(&7,2138%/,&5(6285&(6&2'(522),1*&2175$&7256+$//3529,'(&(57,),&$7,212)522)&29(5,1*&/$66,),&$7,21727+(*29(51,1*-85,6',&7,2135,2572),1$/,163(&7,21&20326,7,216+,1*/(127( ),1$/&2/253(5$33529('&2/25%2$5'21),/(,1$5&+,7(&7
62)),&(522),1*0$7(5,$/6$1',167$//$7,216+$//%(,1$&&25'$1&(:,7+&+$37(5&%&$%81'(5/$<0(17522),1* 522)6/23( 7<3( 5()(572522)127(7+,66+((77<3( 5()(572127(7+,66+((76/23( 9$5,(6&)/$6+&5,&.(76$1'9$//(<6,1$&&25'$1&(:,7+&%&6(&7,21$1')/$6+$1'&2817(5)/$6+-81&7,2162)522)6$1'9(57,&$/685)$&(63(5522),1*0$18)$&785(5
65(&200(1'$7,216$1':+(12)0(7$/6+$//127%(/(667+$1*$*(&25526,215(6,67$170(7$/)/$6+$//3/80%,1*0(&+$1,&$/$1'(/(&75,&$/522)3(1(75$7,2163529,'($77,&&52669(17,/$7,21$6)2//2:6 &%&6(&7,21 1(7)5((9(17,1*$5($ 2)$77,&$5($$%)25$77,&9(17,/$7,21&$/&8/$7,2165()(5727$%/(63527(&7$77,&9(176$*$,167(175$1&(2)5$,1$1'612:$//:($7+(5(;326('685)$&(66+$//+$9($:($7+(55(6,67,9(%$55,(5723527(&77+(,17(5,25:$//&29(5,1*$1'7+$7(;7(5,2523(1,1*66+$//%()/$6+(',168&+$0$11(5$6720$.(7+(0:($7+(53522)$//)/$6+,1*$79$//(<66+$//%(*$*(0,1&25526,215(6,67$170(7$/127( 59$/8(,1$77,& 53(575(3257 522)*877(566+$//%(3529,'(':0($167235(9(17$&&808/$7,212)/($9(6$1''(%5,6,17+(*877(5 9$8/7('&(,/,1*#352&(66,1*6+$//87,/,=(9,1</)$&('%/$1.(7,168/$7,21,1-2,67%$<6$1'256+$//%(,1&203/,$1&(:(1(5*<5(32575(* 9(5,)<$//',0(16,21635,2572&216758&7,21$1'127,)<$5&+,7(&7:,7+$//',6&5(3$1&,(635,2572&216758&7,21-2+160$169,//( 635$ 8/75$*8$5'39&)8//<$'+(5('6,1*/(3/<0(0%5$1(&/$66
$
0,1,167$//3(50$18)$&785(5
663(&,),&$7,216522)&29(5,1*$1',167$//$7,21$63(5&%&7$%/(522),1*&2175$&7256+$//3529,'(&(57,),&$7,212)522)&29(5,1*&/$66,),&$7,21727+(&2817<2)6$17$%$5%$5$35,2572),1$/,163(&7,216,1*/(3/<39&522)522),1*5()(5(1&(127(6 287/,1(2)522) ( $63+$/76+,1*/(522) 6/23( 1 $63+$/7522) 6/23( 720$7&+(;,67,1* 1 5,'*(2)522)%(/2: ( 5,'*(2)522)%(/2:3/80%,1*9(17*$/9$1,=('0(7$/*877(53$,17('720$7&+7+(75,02)7+(+286(&2/25 7%'%<2:1(5$1'$5&+,7(&7*$/9$1,=('0(7$/'2:1632873$,17('720$7&+7+(75,02)7+(+286(&2/25 7%'%<2:1(5$1'$5&+,7(&7522)9(1768%%$6()25/2:352),/(522)9(1767$1'$5')/$1*(:,7+68%)/$6+,1*72%(,167$//(':,7+$/2:352),/('250(59(17',0(16,216 ;1(7)5((9(17,/$7,216$5($ 64,1)75()(572&$/&8/$7,216217+,66+((7*$%/((1'9(176%5$1'*8$5'*$%/((1'9(17)/$1*()5217237,21',0(16,216 ;1(7)5((9(17,/$7,21$5($ 64,1)75()(572&$/&8/$7,216217+,66+((762)),79(176%5$1'*8$5'+27',33('*$/9$1,=('67((/&217,1828662)),79(17',0(16,216 ;1(7)5((9(17,/$7,21$5($ 64,1)75()(572&$/&8/$7,216217+,66+((7,1',&$7(6)22735,172)7+(%8,/',1*6.</,*+77%',)23(5$%/(25),;(' 1 '(&25$7,9(.,&.(5352),/(72%(6,0,/$572325&+$5($Page 32 of 61
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
6725$*(81'(567$,56%$7+5220%$7+5220&/26(7.,7&+(1))7+5(6+2/'
))&29(5('3$7,2
$9(5$*( ( *5$'((/(9
723
))6(&21')/225
3/3/3/3/3/3/3/3/3/3/3/3/
6(7%$&.
6(7%$&.6(&7,216FDOH
2)),&(/,9,1*5220',1,1*5220.,7&+(10$67(5%('5220))7+5(6+2/'
))&29(5('3$7,2
$9(5$*( ( *5$'((/(9
723
))6(&21')/225
29(5$//%/'*+(,*+772 ( 522)5,'*(
72 ( 522)5,'*(
723
6(&7,215()(5(1&(127(6 (;7(5,25:22'678':$//5()(572:$///(*(1',17(5,25:22'678':$//5()(572:$///(*(1'7+,&.62/,'&25()5217'225,17(5,25:22')5$0(67$,56#5,6(5675($'6&29(5('325&+6/23(0,1,080$:$<)5206758&785(:,1'2:5()(572:,1'2:6&+('8/(216+((7$'2255()(572'2256&+('8/(216+((7$&2871(5:,7+&$%,1(76%(/2:%5($.)$67%$5#.,7&+(1,6/$1':,7+6($7,1*$1'
.1((&/($5$1&(/2:)/2:72,/(7 *3) 9$1,7<:,7+'523,16,1. 9(5,)<',0(16,216:,7+0$18)$&785(5 0(7$/*877(55()(572'(7$,/;;$;$77,&6725$*(63$&(6.</,*+765()(572522)3/$1)25025('(7$,/6&20326,7,216+,1*/(621522)6758&785(5()(572522)3/$1216+((7$)25025(,1)250$7,21522)9(1765()(5726+((7$)25025(,1)250$7,21522)%($0'87&+'225%('5220%('5220',1,1*5220/$81'5<08'5220(175<%$7+5220&/26(7&/26(7&29(5('325&+6)/,9,1*522067$,5683.,7&+(1':5,6( 581 5,6(56&/26(781'(567$,56%8,/7,13$175</,1(1&/26(7%(1&+6+2:(578%%(1&+'(6.,1'8&7,216729(29(1,6/$1'
[
6,1.0:0$,15(6,'(1&(/2:(5/(9(/6):'3'5507$//&$%,1(76(&7,21.(<6FDOH
'2256:,1'2:6$1'6725()52176<67(0672%(3(5$33/,&$%/(6&+('8/(5()(572)/2253/$16)25,'(17,),&$7,21 :$//$66(0%/,(672%(3(5)/2253/$1 5()(572522)3/$1)25522)3,7&+ (/(9$7,210($685(')520*5281'),1,6+)/225812*(1(5$/6(&7,21127(6 ),5(%/2&.678':$//6 $7)7,17(59$/6>+25,=217$/ 9(57,&$/@ (1&/26('$1'&21&($/('63$&(6$1'$723(1,1*6$5281'9(1763,3(6'8&76&+,01(<6%(7:((1$77,&$1'&+,01(<&+$6($767$,5675,1*(56$1'6,0,/,$53/$&(6$7&(,/,1*$1')/225/(9(/6:$7(53522),1*2)7+((;7(5,25685)$&(2)7+(5(7$,1,1*:$//672%(%$&.),//('6+$//5(&(,9( &2$763)$48$6($/:$7(53522))281'$7,21&2$7,1* %586+&2$762)7+2526($/($&+&2$76+$//&216,672) 6$&. )281'$7,21&2$762)7+2526($/*5$<:,7+$0,;,1*2) *$/$&5</72 *$/2):$7(5$33/<72&/($1:$//685)$&(:$,1&+%52:1+$1'/(%586+25%($9(5%586+3(57+2526<67(063(&,),&$7,216/(7$33/,('0$7(5,$/6(7)25+56&29(5)281'$7,21:$//:3$576(32;<35,0(5$33/< &2$76 0,/ 2)$48$6($/ %/$&.58%%(5,=('7$5 29(535,0(5: 0,;2) 3$576
$
7221(3$57
%
3/$&(0,5$),0,5$'5$,13527(&7,21%2$5'29(5$48$6($//26$1*(/(65(6($5&+5(32576 %$&.),//:0,1*5$9(/),//127( 7$.(&$5(12772029('$0$*(25'5$*3527(&7,21%2$5'),5(%/2&.,1* 02,6785(%$55,(53527(&7,21 ,168/$7,21127( 5 %$77,168/$7,21#23(1&(,/,1*75866(65 %$77,168/$7,21#&(,/,1*2)$77,&63$&(65 %$77,168/$7,21#:$//6Page 33 of 61
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
%('5220%$7+5220%$7+5220%('52200$67(5%('5220&29(5('325&+$77,&6725$*($5($))7+5(6+2/'
$9(5$*( ( *5$'((/(9
723
))6(&21')/225
29(5$//%/'*+(,*+772 ( 522)5,'*(
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
$
7221(3$57
%
3/$&(0,5$),0,5$'5$,13527(&7,21%2$5'29(5$48$6($//26$1*(/(65(6($5&+5(32576 %$&.),//:0,1*5$9(/),//127( 7$.(&$5(12772029('$0$*(25'5$*3527(&7,21%2$5'),5(%/2&.,1* 02,6785(%$55,(53527(&7,21 ,168/$7,21127( 5 %$77,168/$7,21#23(1&(,/,1*75866(65 %$77,168/$7,21#&(,/,1*2)$77,&63$&(65 %$77,168/$7,21#:$//66(&7,215()(5(1&(127(6 (;7(5,25:22'678':$//5()(572:$///(*(1',17(5,25:22'678':$//5()(572:$///(*(1'7+,&.62/,'&25()5217'225,17(5,25:22')5$0(67$,56#5,6(5675($'6&29(5('325&+6/23(0,1,080$:$<)5206758&785(:,1'2:5()(572:,1'2:6&+('8/(216+((7$'2255()(572'2256&+('8/(216+((7$&2871(5:,7+&$%,1(76%(/2:%5($.)$67%$5#.,7&+(1,6/$1':,7+6($7,1*$1'
.1((&/($5$1&(/2:)/2:72,/(7 *3) 9$1,7<:,7+'523,16,1. 9(5,)<',0(16,216:,7+0$18)$&785(5 0(7$/*877(55()(572'(7$,/;;$;$77,&6725$*(63$&(6.</,*+765()(572522)3/$1)25025('(7$,/6&20326,7,216+,1*/(621522)6758&785(5()(572522)3/$1216+((7$)25025(,1)250$7,21522)9(1765()(5726+((7$)25025(,1)250$7,21522)%($0'87&+'2256(&7,216FDOH
%$7+5220&/26(7',1,1*5220%$7+5220))7+5(6+2/'
))&29(5('3$7,2
$9(5$*( ( *5$'((/(9
723
))6(&21')/225
723
29(5$//%/'*+(,*+73/3/3/3/3/3/3/3/3/3/3/3/
6(7%$&.
6(7%$&.72 ( 522)5,'*(
%('5220%('5220',1,1*5220/$81'5<08'5220(175<%$7+5220&/26(7&/26(7&29(5('325&+6)/,9,1*522067$,5683.,7&+(1':5,6( 581 5,6(56&/26(781'(567$,56%8,/7,13$175</,1(1&/26(7%(1&+6+2:(578%%(1&+'(6.,1'8&7,216729(29(1,6/$1'
[
6,1.0:0$,15(6,'(1&(/2:(5/(9(/6):'3'5507$//&$%,1(76(&7,21.(<6FDOH
6(&7,216&$/( Page 34 of 61
$ (/(9$7,213(7(5*,//(63,(&+(5</&$7+(<81,9(56,7<'5,9(0(1/23$5.&$ *(25*(675(02'(/ $'',7,21*(25*(675((76$1/8,62%,632&$ 7KHVHGUDZLQJVDUHLQVWUXPHQWVRIVHUYLFHDQGDUHWKHSURSHUW\RI+817(560,7+$5&+,7(&785($OOGHVLJQVDQGRWKHULQIRUPDWLRQRQWKHGUDZLQJVDUHIRUXVHRQWKHVSHFLILHGSURMHFWDQGVKDOOQRWEHXVHGRWKHUZLVHZLWKRXWWKHH[SUHVVHGZULWWHQSHUPLVVLRQRI+817(560,7+$5&+,7(&785(:DOQXW6WUHHW6XLWH%6DQ/XLV2ELVSR&$ +817(560,7+ $662&,$7(6,1&'%$+817(560,7+$5&+,7(&785(&3/27'$7( 0,125$5&+68%-8/0,1$5&+5(95(68% 6(3&+&5(68%)(%
(/(9$7,2166&$/( (;7(5,25),1,6+(6$1'&2/256+$//%(9(5,),(':,7+7+(2:1(535,2572$33/,&$7,21:+(7+(563(&,),('217+(3/$1625127(;7(5,25(/(9$7,21*(1(5$/127(6 )/$6+,1* 3529,'()/$6+,1*$1'&2817(5)/$6+,1*3(5&%&$7&+,01(<63$5$3(76%$/&21,(6/$1',1*6(;7(5,2567$,5:$<6522)72:$//,17(56(&7,216$1'$1<27+(59(57,&$/72+25,=217$/,17(56(&7,216723529,'($:($7+(5$1':$7(57,*+7-2%)/$6+,1*$1'&2817(5)/$6+,1*6+$//%(0,1*$*$/90(7$/3$,17$//*$/90(7$/0$7(5,$/720$7&+$'-$&(170$7(5,$/ ,($7522)3(1(75$7,216/289(56(7& /$7+$1'3/$67(5 (;7(5,253/$67(572&203/<:,7+,%&$1'6+$//&216,672)$%$6( 6&5$7&+ &2$7),1,6+ %52:1 &2$7$1'$ ),1$/ &2/25&2$73529,'(*$/9(;7(5,25&251(5%($'6$1',17(5,25&251(55(,1)25&,1*5()(572678&&26(&7,21%(/2:$:((36&5(('6+$//%(,167$//('$77+(%$6(2)$//(;7(5,253/$67(5:$//672$//2:75$33('02,6785(72(6&3$3(6&5(('6+$//%(0,1*$/90(7$/:,7+,102817,1*)/$1*(6&5(('6+$//%(0,1,1&+(6$%29(($57+$1'$0,1,1$%29(3$9,1*3529,'(7:2/$<(562)*5$'('3$3(5%(+,1'(;7(5,253/$67(5 :+(5(,72&&85629(53/<:22'6+($53$1(/6 $6$:($7+(55(6,67,9(%$55,(5$''5(66180%(560,1+,*+21$&2175$67,1*%$&.*5281'6+$//%(3267('217+(%8,/',1*3/$,1/<9,6,%/()5207+(675((7)5217,1*7+(%8,/',1*180%(566+$//%(/$5*(5,)5(48,5('%<7+(%8,/',1*'(3$570(175()(572(/(9$7,21)25/2&$7,21$1'6,=($///,*+7,1*),;785(66+$//%(6+,(/'('627+$71(,7+(57+(/$03257+(5(/$7('5()/(&725,17(5,25685)$&(,69,6,%/($1'627+$712/,*+76+,1(6,1727+(%$&.<$5'62)$'-$&(173523(57,(6$///,*+7,1*32/(6),;785(6$1'+22'66+$//%('$5.&2/25(' (/(9$7,210($685(')520*5281'),1,6+)/225812(;7(5,25),1,6+(6$1'&2/256+$//%(9(5,),(':,7+7+(2:1(535,2572$33/,&$7,21:+(7+(563(&,),('217+(3/$16251275()(572522)3/$1)25522)3,7&+:$//$66(0%/,(672%(3(5)/2253/$1*877(5$1''2:16328766+$//%(,167$//('21$//522)$5($6812$//(;7(5,256,',1*6+$//%(0,181/(6629(56+($7+,1*$//6,',1*-2,1766+$//%(&(17(5('29(5)5$0,1*0(0%(56:,7+&217,18286:22'%$77625-2,1766+$//%(:$7(53522)('1$,/$//6,',1*:,7+*$/91$,/6(/(9$7,215()(5(1&(127(6 1 (;7(5,25/,*+7),;785(6+$//%('$5.6.<&203/,$175()(572(/(9$7,2166+((7)25025(,1)250$7,21 1 &29(5(')5217325&+6+$//6/23(72'5$,1$:$<)5206758&785(127,)<$5&+,7(&7$1'2:1(5,)7+(5(,6$1<'$0$*( 1 *$/9$1,=('0(7$/*877(53$,17('720$7&+75,0&2/25 7%'%<2:1(5$1'$5&+,7(&7 1 *$/9$1,=('0(7$/'2:1632873$,17('720$7&+75,0&2/25 7%'%<2:1(5$1'$5&+,7(&7$''5(6602817('21%8,'/,1*685)$&(+(,*+70,1,0806+$//&203/<72),5('(3$570(175(48,5(0(176 1 6.</,*+765()(572522)3/$1)25/2&$7,21$1'6,=(,167$//3(50$18)63(&$1'9(5,)<23(5$%,/,7<:,7+2:1(56522)9(1765()(572&$/&8/$7,216$1'025(,1)250$7,21216+((7$ 1 (;7(5,25+25,=217$/6,',1*),1,6+2)6(&21')/225(;$16,216+$//0$7&+ ( (;7(,5256,',1*&2/25725(0$,1*5((15()(572&2/25%2$5' 1 $63+$/76+,1*/(522)720$7&+ ( 522)),1,6+ ( (/(&75,&$/0(7(5 ( 62/,':22'(175<)5217'225 1 '87&+'2255()(572'2256&+('8/(216+((7$ 1 :,1'2:$1'75,0720$7&+ ( 5()(572:,1'2:6&+('8/(216+((7$ ( &29(5('325&+:,7+&25%(/'(7$,/352326('6(&21')/225'250(5$'',7,215()(572)/2253/$16'(&25$7,9(.,&.(563$,17('720$7&+75,0&2/25 7%'%<2:1(5$1'$5&+,7(&7$%&'()*+-:(676,'(2)+286(6FDOH
))7+5(6+2/'
))&29(5('3$7,2
$9(5$*( ( *5$'((/(9
723
))6(&21')/225
29(5$//%/'*+(,*+772 ( 522)5,'*(
72 ( 522)5,'*(
))7+5(6+2/'
))&29(5('3$7,2
$9(5$*( ( *5$'((/(9
723
))6(&21')/225
723
72 1 522)5,'*(
29(5$//%/'*+(,*+7
1257+6,'(2)+286(6FDOH
3/3/3/3/3/3/3/3/3/3/3/3/
6(7%$&.
6(7%$&./2:(67(;,67,1**5$'(32,17
+,*+(67(;,67,1**5$'(32,17
$9(5$*(*5$'(32,17
0($685(0(172)6758&785(+(,*+7 )/$7*5281'$1'6/23(62)/(667+$1Page 35 of 61
$ (/(9$7,213(7(5*,//(63,(&+(5</&$7+(<81,9(56,7<'5,9(0(1/23$5.&$ *(25*(675(02'(/ $'',7,21*(25*(675((76$1/8,62%,632&$ 7KHVHGUDZLQJVDUHLQVWUXPHQWVRIVHUYLFHDQGDUHWKHSURSHUW\RI+817(560,7+$5&+,7(&785($OOGHVLJQVDQGRWKHULQIRUPDWLRQRQWKHGUDZLQJVDUHIRUXVHRQWKHVSHFLILHGSURMHFWDQGVKDOOQRWEHXVHGRWKHUZLVHZLWKRXWWKHH[SUHVVHGZULWWHQSHUPLVVLRQRI+817(560,7+$5&+,7(&785(:DOQXW6WUHHW6XLWH%6DQ/XLV2ELVSR&$ +817(560,7+ $662&,$7(6,1&'%$+817(560,7+$5&+,7(&785(&3/27'$7( 0,125$5&+68%-8/0,1$5&+5(95(68% 6(3&+&5(68%)(%
(/(9$7,2166&$/( (;7(5,25),1,6+(6$1'&2/256+$//%(9(5,),(':,7+7+(2:1(535,2572$33/,&$7,21:+(7+(563(&,),('217+(3/$1625127(;7(5,25(/(9$7,21*(1(5$/127(6 )/$6+,1* 3529,'()/$6+,1*$1'&2817(5)/$6+,1*3(5&%&$7&+,01(<63$5$3(76%$/&21,(6/$1',1*6(;7(5,2567$,5:$<6522)72:$//,17(56(&7,216$1'$1<27+(59(57,&$/72+25,=217$/,17(56(&7,216723529,'($:($7+(5$1':$7(57,*+7-2%)/$6+,1*$1'&2817(5)/$6+,1*6+$//%(0,1*$*$/90(7$/3$,17$//*$/90(7$/0$7(5,$/720$7&+$'-$&(170$7(5,$/ ,($7522)3(1(75$7,216/289(56(7& /$7+$1'3/$67(5 (;7(5,253/$67(572&203/<:,7+,%&$1'6+$//&216,672)$%$6( 6&5$7&+ &2$7),1,6+ %52:1 &2$7$1'$ ),1$/ &2/25&2$73529,'(*$/9(;7(5,25&251(5%($'6$1',17(5,25&251(55(,1)25&,1*5()(572678&&26(&7,21%(/2:$:((36&5(('6+$//%(,167$//('$77+(%$6(2)$//(;7(5,253/$67(5:$//672$//2:75$33('02,6785(72(6&3$3(6&5(('6+$//%(0,1*$/90(7$/:,7+,102817,1*)/$1*(6&5(('6+$//%(0,1,1&+(6$%29(($57+$1'$0,1,1$%29(3$9,1*3529,'(7:2/$<(562)*5$'('3$3(5%(+,1'(;7(5,253/$67(5 :+(5(,72&&85629(53/<:22'6+($53$1(/6 $6$:($7+(55(6,67,9(%$55,(5$''5(66180%(560,1+,*+21$&2175$67,1*%$&.*5281'6+$//%(3267('217+(%8,/',1*3/$,1/<9,6,%/()5207+(675((7)5217,1*7+(%8,/',1*180%(566+$//%(/$5*(5,)5(48,5('%<7+(%8,/',1*'(3$570(175()(572(/(9$7,21)25/2&$7,21$1'6,=($///,*+7,1*),;785(66+$//%(6+,(/'('627+$71(,7+(57+(/$03257+(5(/$7('5()/(&725,17(5,25685)$&(,69,6,%/($1'627+$712/,*+76+,1(6,1727+(%$&.<$5'62)$'-$&(173523(57,(6$///,*+7,1*32/(6),;785(6$1'+22'66+$//%('$5.&2/25(' (/(9$7,210($685(')520*5281'),1,6+)/225812(;7(5,25),1,6+(6$1'&2/256+$//%(9(5,),(':,7+7+(2:1(535,2572$33/,&$7,21:+(7+(563(&,),('217+(3/$16251275()(572522)3/$1)25522)3,7&+:$//$66(0%/,(672%(3(5)/2253/$1*877(5$1''2:16328766+$//%(,167$//('21$//522)$5($6812$//(;7(5,256,',1*6+$//%(0,181/(6629(56+($7+,1*$//6,',1*-2,1766+$//%(&(17(5('29(5)5$0,1*0(0%(56:,7+&217,18286:22'%$77625-2,1766+$//%(:$7(53522)('1$,/$//6,',1*:,7+*$/91$,/6(/(9$7,215()(5(1&(127(6 1 (;7(5,25/,*+7),;785(6+$//%('$5.6.<&203/,$175()(572(/(9$7,2166+((7)25025(,1)250$7,21 1 &29(5(')5217325&+6+$//6/23(72'5$,1$:$<)5206758&785(127,)<$5&+,7(&7$1'2:1(5,)7+(5(,6$1<'$0$*( 1 *$/9$1,=('0(7$/*877(53$,17('720$7&+75,0&2/25 7%'%<2:1(5$1'$5&+,7(&7 1 *$/9$1,=('0(7$/'2:1632873$,17('720$7&+75,0&2/25 7%'%<2:1(5$1'$5&+,7(&7$''5(6602817('21%8,'/,1*685)$&(+(,*+70,1,0806+$//&203/<72),5('(3$570(175(48,5(0(176 1 6.</,*+765()(572522)3/$1)25/2&$7,21$1'6,=(,167$//3(50$18)63(&$1'9(5,)<23(5$%,/,7<:,7+2:1(56522)9(1765()(572&$/&8/$7,216$1'025(,1)250$7,21216+((7$ 1 (;7(5,25+25,=217$/6,',1*),1,6+2)6(&21')/225(;$16,216+$//0$7&+ ( (;7(,5256,',1*&2/25725(0$,1*5((15()(572&2/25%2$5' 1 $63+$/76+,1*/(522)720$7&+ ( 522)),1,6+ ( (/(&75,&$/0(7(5 ( 62/,':22'(175<)5217'225 1 '87&+'2255()(572'2256&+('8/(216+((7$ 1 :,1'2:$1'75,0720$7&+ ( 5()(572:,1'2:6&+('8/(216+((7$ ( &29(5('325&+:,7+&25%(/'(7$,/352326('6(&21')/225(;3$16,215()(572)/2253/$16'(&25$7,9(.,&.(563$,17('720$7&+75,0&2/25 7%'%<2:1(5$1'$5&+,7(&7$&+-%'()*($676,'(2)+286(6FDOH
))7+5(6+2/'
))&29(5('3$7,2
$9(5$*( ( *5$'((/(9
723
))6(&21')/225
723
29(5$//%/'*+(,*+772 ( 522)5,'*(
72 ( 522)5,'*(
6287+6,'(2)+286(6FDOH
72 ( 522)5,'*(
))7+5(6+2/'
723
))6(&21')/225
29(5$//%/'*+(,*+73/3/3/3/3/3/
6(7%$&. $9(5$*( ( *5$'((/(9
/2:(67(;,67,1**5$'(32,17
+,*+(67(;,67,1**5$'(32,17
$9(5$*(*5$'(32,17
0($685(0(172)6758&785(+(,*+7 )/$7*5281'$1'6/23(62)/(667+$1Page 36 of 61
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±6+,1*/(625678&&2:$635()(55('±:,7+/$5*(:,1'2:6$1'&+,01(<6:(5(.(376+2577+(352326('6&23(2):25.,6&2175,%87,1*727+($5&+,7(&785$/&+$5$&7(5,67,&2)7+((;,6,71*6758&785(5()(572$%29(5(1'(5,1*6)25352326(':25.6+(5:,1:,//,$066:385(:+,7( 75,0 6+(5:,1:,//,$066:%2/(52 )5217'225 *7250(51*(4 Page 37 of 61
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age 38 of 61
To:Walter Oetzel
Assistant Planner, City of San Luis Obispo
From:Dana Hunter, AIA
Principal Architect, Hunter Smith Architecture
On behalf of: Peter Gillespie & Cheryl Cathey, Applicants
Re:1043 George Street
Second Submittal to the Cultural Heritage Committee
In December 2022,the first iteration of this project was presented to the Cultural Heritage
Committee.The Committee provided direction to the applicant to either pursue de-listing the
property from the Contributing List,or submit a re-design taking into account their feedback.
This feedback was in accordance with the suggestions provided in the Staff Report for the
meeting,specifically to minimize the visual impacts on the building’s historic character by
reducing the scale and size of the dormer addition,and/or by placing the addition on less visible
building elevations.
This design proposes to do both.
Our revised proposal maintains the existing ridge beam height.We have proposed a modest
increase in the size of the front dormer to facilitate two desk spaces at the window.Overhead
clearance at the window is proposed to be 6’-6”, an increase of 1’-0”.
With our revised proposal,the primary addition is on the rear elevation of the building.
Additionally,it is reduced in scale from the previous proposal.Where that proposal featured
overhead clearances upstairs between 9’-0”and 6’-6”on the front elevation,this proposal
suggests overhead clearances upstairs of between 8’-3”and 6’-6”on the rear elevation.This
was done in order to maintain the existing roof ridge height and minimize the visual impact of
the upstairs addition as seen from the primary building elevation,in accordance with the
suggestion provided in the Staff Report and the guidance provided by the Committee.
With this updated proposal,the Owner’s preference was to structure the addition as a second
story,rather than as a dormer as it is presented.Structured as a second story,with a singular
wall plane from the roof to the foundation,would have allowed for significantly larger windows
upstairs in the Master Bedroom.With feedback from City Staff,the Owners have agreed to
860 Walnut Street, Suite B. San Luis Obispo CA 93401 | (O) (805) 544-3380
Page 39 of 61
structure the addition as a dormer to preserve the characteristic roofline visible along the side
elevation, visible as you approach the property from the East.
The size of this addition provides a minimum head height of 6’-6”upstairs while maintaining the
existing roof ridge height.Reducing the size of the dormer by reducing its height is not possible
while maintaining adequate overhead clearance upstairs.Reducing the size of the dormer by
moving its exterior walls further towards the building’s center will have negligible impact on the
visual impact of the addition,and will have significant impact on the Owner ’s ability to utilize this
space.
From the East,the rear addition will be only partially visible while approaching the property
along George St.The existing front dormer is proposed to be only modestly larger,and will be
visible.
From the West,the rear addition will not be visible while approaching the property along George
Street due to a combination of vegetation and the neighboring residence.
From the North (along the front elevation)only a modest increase in the size of the existing
dormer will be visible.
From the South,along Ella Street,no portion of this residence is visible due to a combination of
the secondary residence on the property and the change in elevation.
860 Walnut Street, Suite B. San Luis Obispo CA 93401 | (O) (805) 544-3380
Page 40 of 61
03‐27‐2023 Item 4a ‐ Staff Presentation
1
ARCH-0367-2022 (1043 George)
Architectural Review of an addition to a Contributing List Historic Resource
1
2
03‐27‐2023 Item 4a ‐ Staff Presentation
2
3
4
03‐27‐2023 Item 4a ‐ Staff Presentation
3
5
6
03‐27‐2023 Item 4a ‐ Staff Presentation
4
SOI Standards (Rehabilitation)
Roofs
Not RecommendedRecommended
Removing or substantially changing roofs which
are important in defining the overall historic
character of the building so that, as a result, the
character is diminished.
Identifying, retaining, and preserving roofs and
their functional and decorative features that are
important in defining the overall historic character
of the building. The form of the roof (gable, hipped,
gambrel, flat, or mansard) is significant, as are its
decorative and functional features, roofing
material, and size, color, and patterning.
Changing the configuration or shape of a roof by
adding highly visible new features (such as dormer
windows, vents, skylights, or a penthouse)."
7
8
03‐27‐2023 Item 4a ‐ Staff Presentation
5
SOI Standards (Rehabilitation)
New Exterior Additions
Not RecommendedRecommended
Constructing a new addition on or adjacent to a
primary elevation of the building which negatively
impacts the building’s historic character.
Constructing a new addition on a secondary or
non-character-defining elevation; limiting its size
and scale in relationship to the historic building.
Attaching a new addition in a manner that
obscures, damages, or destroys character-defining
features of the historic building
Constructing a new addition that results in the least
possible loss of historic materials so that character-
defining features are not obscured, damaged, or
destroyed
Constructing a new addition that is as large as or
larger than the historic building, which visually
overwhelms it (i.e., results in the diminution or loss
of its historic character).
Ensuring that the addition is subordinate and
secondary to the historic building and is compatible
in massing, scale, materials, relationship of solids
to voids, and color.
Duplicating the exact form, material, style, and
detailing of the historic building in a new addition
so that the new work appears to be historic.
Using the same forms, materials, and color range
of the historic building in a manner that does not
duplicate it but distinguishes the addition from the
original building.
Historical Preservation Program Guidelines
Additions3.4.1(d)
Additions to listed historic structures should maintain the structure’s original architectural
integrity and closely match the building’s original architecture, or match additions that have
achieved historic significance in their own right, in terms of scale, form, massing, rhythm,
fenestration, materials, color and architectural details
Consistency required3.4.1(f)
Alterations to listed historic resources shall be approved only upon finding that the
proposed work is consistent with the Secretary of the Interior’s Standards for the Treatment
of Historic Properties, any required historic preservation report, General Plan policies, the
Historic Preservation Ordinance, and these Guidelines
9
10
03‐27‐2023 Item 4a ‐ Staff Presentation
6
ARCH-0367-2022 (1043 George)
Architectural Review of an addition to a Contributing List Historic Resource
Action: Forward a recommendation to the Community Development Director regarding the compatibility
of the proposed work with historical preservation policies, standards, and guidelines
11
12
03‐27‐2023 Item 4a ‐ Staff Presentation
7
General Plan – Conservation and Open Space Element
Historic preservation3.3.1.
Significant historic and architectural resources should be identified,
preserved and rehabilitated
Demolitions3.3.2.
Historically or architecturally significant buildings shall not be demolished
or substantially changed in outward appearance […]
Changes to historic buildings3.3.4.
Changes or additions to historically or architecturally significant buildings
should be consistent with the original structure and follow the Secretary of
the Interior’s Standards for the Treatment of Historic Buildings. […] The
street appearance of buildings which contribute to a neighborhood's
architectural character should be maintained
13
14
03‐27‐2023 Item 4a ‐ Staff Presentation
8
1. A property will be used as it was historically or be given a new use that requires minimal
change to its distinctive materials,features, spaces and spatial relationships.
2. The historic character of a property will be retained and preserved. The removal of
distinctive materials or alteration of features, spaces and spatial relationships that
characterize a property will be avoided.
5. Distinctive materials, features, finishes, and construction techniques or examples of
craftsmanship that characterize a property will be preserved.
9. New additions, exterior alterations, or related new construction will not destroy historic
materials, features, and spatial relationships that characterize the property. The new work
will be differentiated from the old and will be compatible with the historic materials,
features, size, scale and proportion, and massing to protect the integrity of the property
and its environment.
SOI Standards (Rehabilitation)
15
03-27-2023 Item 4a - Applicant
Presentation
1
1043 GEORGE STREET
Presentation By: Dana Hunter, AIA
on behalf of Peter Gillespie and Cheryl Cathey
PETER GILLESPIE, CHERYL CATHEY, AND THEIR SON, COLE
1
2
03-27-2023 Item 4a - Applicant
Presentation
2
INITIAL PROPOSAL
December 2022
CURRENT PROPOSAL
3
4
03-27-2023 Item 4a - Applicant
Presentation
3
THE VIEW FROM 1043 GEORGE ST.
*Photo from the property listing,
CURRENT PROPOSAL
5
6
03-27-2023 Item 4a - Applicant
Presentation
4
ROOF PLAN
EXPANDED FRONT
DORMER
NEW SHED ROOF
AT REAR
EAST ELEVATION
7
8
03-27-2023 Item 4a - Applicant
Presentation
5
EAST ELEVATION
2nd STORY vs DORMER
9
10
03-27-2023 Item 4a - Applicant
Presentation
6
EAST ELEVATION
WEST ELEVATION
11
12
03-27-2023 Item 4a - Applicant
Presentation
7
FRONT ELEVATION
UPSTAIRS OVERHEAD CLEARANCE
13
14
03-27-2023 Item 4a - Applicant
Presentation
8
1043 GEORGE ST
15