1. 1 CENTRAL 1 O.C.S.C.C. No. 903 Annual General Meeting – November 18, 2015

2. AGM Agenda Confirmation of QuorumConfirmation of Quorum Introductions: Board of Directors, Property Manager, Auditor, ChairIntroductions: Board of Directors, Property Manager, Auditor, Chair Presentation of Audited Financial Statements: Annette Jensen, WG Chartered AccountantsPresentation of Audited Financial Statements: Annette Jensen, WG Chartered Accountants Appointment of the Auditor for Current Fiscal YearAppointment of the Auditor for Current Fiscal Year Approval of the November 18, 2014 AGM MinuteApproval of the November 18, 2014 AGM Minute President’s ReportPresident’s Report Appointment of ScrutineersAppointment of Scrutineers NominatorsNominators Election of one (1) DirectorElection of one (1) Director –Election of 1 position for a 3 year term Election ResultsElection Results Motion to Destroy BallotsMotion to Destroy Ballots General DiscussionGeneral Discussion AdjournmentAdjournment 2

3. 3 CENTRAL 1 O.C.S.C.C. No. 903 Annual General Meeting – November 18, 2015 President’s Report – A Year in Review

4. A Year in Review IntroductionsIntroductions Performance Audit UpdatePerformance Audit Update Reserve Fund Study UpdateReserve Fund Study Update Financial SummaryFinancial Summary Items of InterestItems of Interest General RemindersGeneral Reminders QuestionsQuestions 4

5. Introductions Board Members Marty van Gaal (term ending Fall 2015) – PresidentMarty van Gaal (term ending Fall 2015) – President Rick Butson (term ending Fall 2017) – SecretaryRick Butson (term ending Fall 2017) – Secretary Krista Nonnenmacher-Biddiscombe (term ending Fall 2016) – DirectorKrista Nonnenmacher-Biddiscombe (term ending Fall 2016) – Director Property Manager (Taggart Realty Management) (1 year contract – May 31, 2016) Michelle Compton (as of June 2, 2015) replacing Mishka Hodorek (email: mcompton@taggart.ca)Michelle Compton (as of June 2, 2015) replacing Mishka Hodorek (email: mcompton@taggart.ca) Viktoriya Neadow (assistant)Viktoriya Neadow (assistant) Concierge (employee of the Condominium Corp) Patrick Lebrun (email: conciege@central1condo.com)Patrick Lebrun (email: conciege@central1condo.com) 5

6. Performance Audit PA Closed - Agreement reached with Urban Capital to repair or provide funding on all reported deficienciesPA Closed - Agreement reached with Urban Capital to repair or provide funding on all reported deficiencies –$23,463.70 received to address Gladstone door issues, deposited in Reserve Fund (future replacement) 6

7. Reserve Fund Study ObjectiveObjective a)Set up a schedule for the anticipated repair and replacement of common element items b)Set up a special account for major repair items and replacement of common elements and assets of the Corporation c)To determine the annual contribution necessary to maintain an adequate balance for the 30 year period of this study d)Satisfy the legislation regarding the Condominium Act, 1998 and related regulations, and e)Update every 3 years (paper followed by full inspection) a)Paper Study - spring of 2016 b)Full Study – spring 2019 c)Study cost is paid from the reserve fund 7

8. Reserve Fund – Plan and Financial Summary 8 Contract issued (paper study) to update 30 year plan (requirements will be addressed in 2016-2017 budget)Contract issued (paper study) to update 30 year plan (requirements will be addressed in 2016-2017 budget) Investment RulesInvestment Rules – All investments must be 100% guaranteed – Federal or Provincial (no limit), Banks ($100,000 CDIC insured) Reserve Fund Study - $732,040 as of May 31, 2015Reserve Fund Study - $732,040 as of May 31, 2015 – did not include initial purchase contributions of $143,630 – assumptions – inflation 2%, interest 3% Current Audited Balance - $894,867 as May 31, 2015Current Audited Balance - $894,867 as May 31, 2015 – includes PA payment of $23,463.70 – investing in 1year to 3 year GICs (rates of 1.3% to 2.15%)

9. Reserve Fund – Investment Plan Current GIC Investments (as of May 31, 2015)Current GIC Investments (as of May 31, 2015) Future Investments - $50,000 GICs (approx. every 2 months)Future Investments - $50,000 GICs (approx. every 2 months) 9 InstitutionAmountInterest RateMaturity Date Home Trust$95,9022.05%June 15/15 Dundee Wealth$95,7611.73%Dec 14/15 Equity Fin Trust$95,8581.95%Dec 14/15 CIBC$95,3651.30%Feb 12/16 MCAN$96,9752.15%June 13/16 Manulife Bank$95,8682.01%Dec 16/16 Home Equity$95,5131.95%Feb 20/17 Equitable NC$96,1312.05%Oct 31/17

10. Contracts 10 ContractContractorTerm ManagementTaggart Realty ManagementMay 31, 2016 (with option for additional 1 year) AuditorWGPCASNovember 18, 2015 ElevatorSchindler ElevatorsAugust 8, 2033 MechanicalOptimum Mechanical SolutionsRequest issued for renewal quote) - check systems once every 2 months Landscaping/RoofEXCEL2015 Exercise EquipmentExer-Tech30 day notice Fire AlarmPyron Fire ProtectionSept 2015 (to be renewed) Co2 DetectionArmstrong Monitoring30 day notice Tri-Sorter (Compactor)WSG (Lease)June 2018 InsuranceSmith Petrie BrokerJune 8, 2016 Snow RemovalMarsden2015-2016 Water TreatmentRochester Midland30 day notice GeneratorGal PowerSept 2016 SecuritySecuritas30 day notice (moving to Shield – notice given) CleaningNorth StarSeptember 31, 2018 (2015 – all cleaning combined into one contract) HydroEnerCare10 year – January 2019 Green LoanLaurentian BankOctober 1, 2017 ($95,042 remaining) Garage DoorsParsons30 day notice – check and lubricate every 2 months

11. Shared Facility Allocation 11 DescriptionAllocation to Commercial Gas20% Electricity20% Generator20% Gladstone and McLeod Garage Doors50% Loading Dock Door (ground level)50% Emergency Monitoring20% Fire System Maintenance20% Insurance20% Garage General Maintenance20% Landscaping20%

12. Financial - Summary 2014-2015 Year End 2014-2015 Year End – Operating Cash Surplus - $239,525 – Reserve Fund - $894,867 2015-2016 Budget 2015-2016 Budget – 5.06% reduction in overall Condo Fees 8.47% reduction in Operating Budget (utilizing $117, 650 from surplus) 8.47% reduction in Operating Budget (utilizing $117, 650 from surplus) 2% increase in Reserve Fund 2% increase in Reserve Fund – 45.3 cents/sq ft/month (previous year was 48.0) – Green Loan Retirement Fund (New) $60,000 from surplus plus $20,000 included in 2015-2016 budget ($95,043 balancing owning on October 1, 2017) $60,000 from surplus plus $20,000 included in 2015-2016 budget ($95,043 balancing owning on October 1, 2017) $80,000 in 1 year cashable GIC @1.55% $80,000 in 1 year cashable GIC @1.55% – Remaining May 31, 2015 surplus of $61,875 $70,000 in a high interest savings account$70,000 in a high interest savings account 12

13. Other Items of Interest Information Session – June 3, 2015Information Session – June 3, 2015 Unsuccessful in proposed By-Law Amendments (insurance deductible, screen door, hook in storage lockers, ring in parking spots)Unsuccessful in proposed By-Law Amendments (insurance deductible, screen door, hook in storage lockers, ring in parking spots) New rule to allow unit owners (at their cost and maintenance) to install a board approved r olling screen door (submit a request form)New rule to allow unit owners (at their cost and maintenance) to install a board approved r olling screen door (submit a request form) Proposed rules coming to:Proposed rules coming to: – allow for Saturday moving ($) and use of McLeod elevator – locking ring (for bikes) in parking spaces – Fitness Room – 5:30am (M-F) Smoking Survey – consideration for possible new ruleSmoking Survey – consideration for possible new rule Inspected all unit door latches – adjustments and replacement as requiredInspected all unit door latches – adjustments and replacement as required New firm hired for regular carpet cleaningNew firm hired for regular carpet cleaning Landscaping Contract Issued (Roof Top, Courtyard and Street)Landscaping Contract Issued (Roof Top, Courtyard and Street) Gladstone Garage Door – issues with noise, failures/damage – resolved for the momentGladstone Garage Door – issues with noise, failures/damage – resolved for the moment Repainting of Gladstone Garage Door (on-hold)Repainting of Gladstone Garage Door (on-hold) No Smoking signs - installed in courtyard, stairwells and outside building entrancesNo Smoking signs - installed in courtyard, stairwells and outside building entrances Floor sink in Gladstone Moving RoomFloor sink in Gladstone Moving Room Gladstone Garage Door coded door entry device (bikes, foot traffic)Gladstone Garage Door coded door entry device (bikes, foot traffic) Standardized warning letters and associated fees (Bylaws and Rules)Standardized warning letters and associated fees (Bylaws and Rules) 13

14. Other Items of Interest (continued) LEED Gold and plaquesLEED Gold and plaques Exterior Building CornerstonesExterior Building Cornerstones Unit owners - issues with mechanical noises within unit (survey)Unit owners - issues with mechanical noises within unit (survey) 10 additional bike racks to be installed in P1/P210 additional bike racks to be installed in P1/P2 Bar for Real Estate lock boxes (Gladstone/McLeod drive through area) – other real estate boxes in and around building will be removedBar for Real Estate lock boxes (Gladstone/McLeod drive through area) – other real estate boxes in and around building will be removed No-Cost bike tagging – to allow for the removal of ghost bikesNo-Cost bike tagging – to allow for the removal of ghost bikes Installation of timer on barbeque gas line Installation of timer on barbeque gas line Installation of 4 th accessibility paddle on McLeod doorInstallation of 4 th accessibility paddle on McLeod door Minimum of 6 Month LeasesMinimum of 6 Month Leases –Short term use of units (e.g. Air bnb) not allowed Gladstone/McLeod/Courtyard – replacement plantsGladstone/McLeod/Courtyard – replacement plants Option for unit owners (at their cost) to change their unit lock cylinder to a more secure key control system (Abloy) – on Condo Master Key systemOption for unit owners (at their cost) to change their unit lock cylinder to a more secure key control system (Abloy) – on Condo Master Key system Installation of Suggestion BoxesInstallation of Suggestion Boxes Winter carpets replacedWinter carpets replaced Vinci - Exterior Signage and Parking Spots in Lieu (unsuccessful)Vinci - Exterior Signage and Parking Spots in Lieu (unsuccessful) Shoppers Loading Dock - CleanupShoppers Loading Dock - Cleanup Garbage ChuteGarbage Chute –Signage (closed 10pm to 8am) –Misuse and Blockage. May need to consider other options such as permanent closing of chutes 14

15. Other Items of Interest (continued) Scheduled Items Scheduled Items o Regular Maintenance (every 2 months) o Garage Doors, Garbage Chute/Compactor, Boilers, Closed Water Loop, Fitness Equipment, Elevators, Landscaping o General Cleaning (7 days per week, 5 days - entire building – 2 days - elevators and lobbies) o Carpet Cleaning (entire building 2 times/yr, 2 nd Floor 4 times/yr) o Spot cleaning between o Window Cleaning (annual) o Garage Floor Cleaning (spring and fall) o Weekend Security (Friday and Saturday – 7:30pm to 2:30am, Sunday 7pm to 11pm) 15

16. Communication Owner to Owner for issues that are impacting each other (e.g. noise, general water leaking/damage, smoke)Owner to Owner for issues that are impacting each other (e.g. noise, general water leaking/damage, smoke) ONLY the owner (except for emergencies) is to communicate with the Property ManagerONLY the owner (except for emergencies) is to communicate with the Property Manager Owner can make a request to communicate with the Board (via Property Manager or Suggestion Box)Owner can make a request to communicate with the Board (via Property Manager or Suggestion Box) Renter – (except for emergencies – e.g. water leaks) report issues/concerns to their LANDLORD ONLYRenter – (except for emergencies – e.g. water leaks) report issues/concerns to their LANDLORD ONLY Owner is responsible to communicate the name (s) and contact information of their tenantOwner is responsible to communicate the name (s) and contact information of their tenant Owner is responsible for the actions of their tenantOwner is responsible for the actions of their tenant Owners are responsible to inform their tenant of declarations, bylaws and rulesOwners are responsible to inform their tenant of declarations, bylaws and rules Serious problems in a unit (e.g. fire, major water spill) that will seriously impact other units are to be reported immediately (911, Concierge, Property Manager, After-Hour Emergency Line)Serious problems in a unit (e.g. fire, major water spill) that will seriously impact other units are to be reported immediately (911, Concierge, Property Manager, After-Hour Emergency Line) 16

17. Communication (Continued) Communication with ConciergeCommunication with Concierge –Booking the Amenity Room and Elevator (for moving) –Reporting possible Declaration, Bylaw and Rule infractions –Parcel pickup –Reporting Common Element Issues (e.g. Garbage Room/Chute, Amenity Room – AV system, Fitness Equipment, Garage Doors) –Changing Unit Lock Cylinder (must stay on building master key system) –Not involved with issues within the unit (e.g HVAC and thermostats, HRV) or issues from other units (unless deemed an emergency) –Hours at Gladstone Desk Monday to Thursday, 8:00am to 8:30am and 4:30pm to 5:00pmMonday to Thursday, 8:00am to 8:30am and 4:30pm to 5:00pm Friday, 8:00am to 8:30am and 2:30pm to 3:00pmFriday, 8:00am to 8:30am and 2:30pm to 3:00pm Central1Condo.Com (continually upgrading)Central1Condo.Com (continually upgrading) –Booking forms (elevator, amenity room) –Abloy cylinder order form –General Information (e.g. programming thermostat) –Declarations, Bylaws, Rules –Amenity Room Booking (must book if 8 or more in attendance) –Contact Information 17

18. Reminders for Owners and Residents Reminder notices will be issued to residents, followed by warnings, administration fees, etc.Reminder notices will be issued to residents, followed by warnings, administration fees, etc. Balconies/TerracesBalconies/Terraces –Permitted: Plants (completed form to property manager), Screen Door (completed form to property manager) quality seasonal furniture, electric barbeques only –Not Permitted: items on hanging on railings, gas/charcoal barbeques, bikes, non-patio items (e.g. tires, picnic coolers, sports equipment, boxes), non-outdoor rugs, dead plants, laundry racks/clothes drying, kitty litter pans, etc. –Weeding of terraces is an owners responsibility (extra strength vinegar) Parking SpotsParking Spots –No storage of any items, only bikes allowed. –Can only be rented to residents and sold to unit owners Noise & Disturbances:Noise & Disturbances: –All residents are entitled to quiet enjoyment of their unit. –Report disturbances to Concierge/Security Guard –Keep Log and Report to Ottawa By-Law (3-1-1) –City Councilor (Catherine McKenny) for issues outside the building (613-580-2424) Bicycles – not allowed on balconies/terraces nor in elevators or lobbiesBicycles – not allowed on balconies/terraces nor in elevators or lobbies 18

19. Reminders for Owners and Residents Smoking:Smoking: –Not permitted in any common area, including 2 nd level courtyard and stairwells –Do not throw cigarette butts from balconies – use disposal receptacles Control Your Pets:Control Your Pets: – Not allowed in Courtyard, Fitness Room, Amenity Room. –Must be on leash in all other common element areas of the building (ingress and egress) – “No dog business” on exterior landscaping beds and exclusive use common element balconies/terraces. Damage & Theft:Damage & Theft: –Residents are responsible for the actions of their guests –Theft and damage of condo assets cost everyone AV System, Damaged Walls, Pool Table, Fire Exit Map, Fire Extinguishers, Glued Door Bolts, Open Fire HoseAV System, Damaged Walls, Pool Table, Fire Exit Map, Fire Extinguishers, Glued Door Bolts, Open Fire Hose 19

20. Reminders for Owners and Residents The Condo Corporations responsibility ends at a unit door. The owner is responsible for all items within their unit, such asThe Condo Corporations responsibility ends at a unit door. The owner is responsible for all items within their unit, such as –Entry Doors - handles/locks –Replacement and/or cleaning of filters –Issues with the HRV (Heat Recovery Ventilator) and HVAC (Heating, Ventilating and Air Conditioning) –Items related to Interior Plumbing and Fixtures –Noises generated from within the unit –Wood Flooring Importance of Unit Owner’s carrying their own personal insuranceImportance of Unit Owner’s carrying their own personal insurance –Provide a copy of the standard unit description and corporation’s updated insurance certificate to their insurance company to ensure that you are properly covered –Included with your purchase and sale documents –Can request documents from our Property Manager 20

21. Backup Slide 21

22. 4 Year Condo Fee Summary 22 Initial Year 1Year 2Year 3Year 4 June 2012- May 2013June 2013-May 2014June 2014 - May 2015June 2015 - May 2016 % Change Total Condo Fees$861,778.72$1,073,377.5024.55%$1,094,845.052.00%$1,033,578.32-5.60% Operational$749,372.80$778,873.503.94%$794,450.462.00%$727,176.32-8.47% Reserve Fund$112,405.92$294,504.00162.00%$300,394.592.00%$306,402.002.00% Price Per Foot37.9 cents47.1 cents 48.0 cents 45.3 cents Green Loan Repayment Fund – ($95,043 remaining on October 1, 2017) $80,000 – invested in a 1yr – 90 day cashable GIC at 1.55% Operating Reserve Fund $70,000 – invested in a 1yr - 24hr cashable GIC at 1.45%

23. June 1, 2015 to May 31, 2016 Budget 23 June 1, 2014 - May 31, 2015 June 1, 2014 - May 31 2015 June 1, 2015- May 31, 2016 Categories Year 3 (Budget) Forecast Year 4 BudgetNotes: Revenue-$ 1,257,433.05-1,263,581.86- 1,155,228.32 Common Element Fees-$ 1,094,845.05-1,094,861.52- 1,033,578.32 5.6% decrease over previous year Miscellaneous Income-$ 8,000.00- 14,132.34- 4,000.00Operating Fund Interest, Amenity Room Rental, Key Fobs Surplus from Previous Year-$ 154,588.00- 154,588.00- 117,650.00 From Surplus Administration $ 116,137.44 112,942.89 108,439.32 Management $ 87,787.44 81,034.56 74,539.32 Based upon new agreement for 2015-2016 Insurance $ 26,500.00 31,004.00 32,550.00 Office Expenses $ 1,500.00 645.98 1,000.00 Bank Charges $ 350.00 258.35 350.00 Utilities $ 270,398.03 213,902.33 244,970.00 Electricity $ 96,306.83 98,857.10 101,970.00 Reduced by 20% for Shared Facility Agreement Water $ 69,284.80 47,775.55 55,000.00 Gas $ 65,206.40 59,693.72 65,000.00 Reduced by 20% for Shared Facility Agreement Utilities Contingency $ 30,000.00 15,000.00 not required Telephones/Wireless/Cable $ 8,000.00 7,575.96 8,000.00 Generator Fuel $ 1,600.00 moved to generator expense Consulting $ 19,500.00 12,998.02 13,500.00 Legal $ 10,000.00 4,820.02 6,000.00 Audit (Financial) $ 6,500.00 6,500.00 7,500.00 Reserve Fund Study $ - - - 2016 update required Performance Audit $ 1,000.00 1,678.00 not required General Consulting $ 2,000.00 - - covered in contingency

24. June 1, 2015 to May 31, 2016 Budget 24 Maintenance & Repairs $ 40,000.00 18,348.22 66,000.00 General Rep. & Main $ 25,000.00 15,696.22 40,000.00 Fitness Equipment 5,000.00 Contingency 15,000.00 Building Supplies $ 15,000.00 2,652.00 6,000.00 Contracts $ 212,250.00 149,667.51 203,700.00 Elevator Maintenance $ 35,000.00 29,666.51 35,000.00 Life Safety Inspections & Monitoring $ 10,000.00 5,671.08 7,000.00 Monthly and annual testing, Carbon monoxide testing, alarm monitoring Fitness Equipment Maintenance $ 2,000.00 2,514.41 3,500.00 Garage Overhead Doors $ 10,000.00 6,944.16 15,000.00 50% of Gladstone Door Costs is Shared Facility Agreement Garage Cleaning $ 13,500.00 3,684.00 4,000.00 Compactor Lease/ Maintenance $ 25,000.00 17,587.38 18,000.00 Lease payment plus maintenance and repairs Waste Removal $ 12,000.00 1,518.79 5,000.00 General Cleaning $ 56,500.00 53,022.33 65,000.00 Carpet Cleaning $ 4,000.00 Included in general cleaning Generator Inspections $ 7,000.00 6,846.82 7,000.00 Maintenance plus fuel HVAC Maintenance $ 15,000.00 1,533.88 15,000.00 increase frequency to semi monthly contract, misc repairs Landscaping $ 3,000.00 2,292.23 10,000.00 planters, EXEL green roof maintenance (1st year for roof, and previously volunteers for rest) Snow Removal $ 2,750.00 3,386.61 2,500.00 Water Treatment System $ 7,000.00 6,999.31 7,400.00 Window Cleaning $ 9,500.00 8,000.00 9,300.00

25. June 1, 2015 to May 31, 2016 Budget 25 Other $ 127,000.00 20,859.88 31,017.00 General Contingency $ 25,000.00 325.00 15,000.00 Website $ 4,000.00 1,661.32 1,500.00 Green Building Cost Recovery Loan (Interest) $ 98,000.00 18,873.56 14,517.00 Total annual cost for Green Loan add Interest and Principal Staff $ 89,800.00 71,791.21 77,200.00 Building Staff $ 45,000.00 40,904.02 45,000.00 Employee Benefits $ 6,300.00 included in payroll acct After-hours On-Call $ 7,500.00 6,153.80 6,200.00 Weekend Security/ Mobile Patrol $ 31,000.00 24,733.39 26,000.00 Total Operating Expenses (excluding Reserve Fund) $ 875,085.47 600,510.06 744,826.32 Decrease over previous year budget Adjustments to Cash Green Loan Principal Payments 78,949.72 84,000.00 5 yr loan expires on Oct 1, 2017, with $95.043 balance remaining Green Load Retirement Fund 20,000.00 RESERVE FUND CONTRIBUTION $ 300,394.59 300,484.56 306,402.00 Total Cash Outflow $ 1,175,480.06 979,944.34 1,155,228.32 Year End Surplus/Deficit $ 81,952.99 (Surplus)/Deficit-$ 81,952.99-$ 283,637.52 $ - Previous Year (Surplus)/Deficit - 165,987.52 TOTAL (excluding Reserve Fund) $ 1,175,480.06- 283,637.52- 165,987.52 Unaudited estimated surplus of $283,637.52 on May 31, 2015. Estimated surplus of $105,987.52 on May 31, 2016 after $60,000 moved to Green Loan Retirement Fund.

26. 30 Year Reserve Fund Cash Flow 26 Year Ending In May 31 Opening Balance Annual Contribution* Percent Increase over Previous Year Other Contribution Estimated Future Inflated Expenditures Projected Interest Earned Closing Balance 2013 112,406 2014112,406294,504162.0% 7,790414,699 2015414,699300,3942.0% 16,947732,040 2016732,040306,4022.0% 6,36726,4621,058,536 20171,058,536312,5302.0% 40,05035,8431,366,859 20181,366,859318,7802.0% 45,7871,731,427 20191,731,427325,1562.0% 70,94855,7562,041,391 20202,041,391331,6592.0% 66,2172,439,266 20212,439,266338,2922.0% 4,68778,1822,851,054 20222,851,054345,0582.0% 69,31589,6683,216,464 20233,216,464351,9592.0% 101,7733,670,197 20243,670,197358,9982.0% 289,706111,1453,850,634 20253,850,634366,1782.0% 12,682120,8214,324,952 20264,324,952373,5022.0% 5,174135,2734,828,553 20274,828,553380,9722.0% 935,510136,5394,410,553 20284,410,553388,5912.0% 161,504135,7234,773,363 20294,773,363396,3632.0% 149,1465,318,873 20305,318,873404,2912.0% 165,6315,888,794 20315,888,794412,3762.0% 19,995182,5506,463,724 20326,463,724420,6242.0% 793,962188,3126,278,698 20336,278,698429,0362.0% 153,053192,5016,747,182 20346,747,182437,6172.0% 1,332,271188,9966,041,524 20356,041,524446,3692.0% 97,397186,4806,576,977 20366,576,977455,2972.0% 567,684195,6246,660,213 20376,660,213464,4032.0% 4,075,780145,6363,194,472 20383,194,472473,6912.0% 1,368,26582,4162,382,313 20392,382,313483,1652.0% 878,54565,5392,052,472 20402,052,472492,8282.0% 3,41468,9152,610,801 20412,610,801502,6842.0% 6,96485,7603,192,281 20423,192,281512,7382.0% 3,599,63749,465154,847

27. 30 Year Reserve Fund Cash Flow 27 Year Ending In May 30 Opening Balance Annual Contribution* Percent Increase over Previous Year Other Contribution Estimated Future Inflated Expenditures Projected Interest Earned Closing Balance 2013 112,406 143,630 256,036 2014256,036294,504162.0% 12,099562,638 2015562,638300,3942.0% 21,385884,417 2016884,417306,4022.0% 6,36731,0331,215,485 20171,215,485312,5302.0% 40,05040,5521,528,516 20181,528,516318,7802.0% 50,6371,897,934 20191,897,934325,1562.0% 70,94860,7512,212,892 20202,212,892331,6592.0% 71,3622,615,913 20212,615,913338,2922.0% 4,68783,4813,033,000 20223,033,000345,0582.0% 69,31595,1263,403,869 20233,403,869351,9592.0% 107,3953,863,224 20243,863,224358,9982.0% 289,706116,9364,049,452 20254,049,452366,1782.0% 12,682126,7864,529,734 20264,529,734373,5022.0% 5,174141,4175,039,478 20275,039,478380,9722.0% 935,510142,8664,627,806 20284,627,806388,5912.0% 161,504142,2404,997,134 20294,997,134396,3632.0% 155,8595,549,357 20305,549,357404,2912.0% 172,5456,126,192 20316,126,192412,3762.0% 19,995189,6716,708,245 20326,708,245420,6242.0% 793,962195,6476,530,554 20336,530,554429,0362.0% 153,053200,0567,006,594 20347,006,594437,6172.0% 1,332,271196,7786,308,718 20356,308,718446,3692.0% 97,397194,4966,852,187 20366,852,187455,2972.0% 567,684203,8806,943,680 20376,943,680464,4032.0% 4,075,780154,1403,486,442 20383,486,442473,6912.0% 1,368,26591,1752,683,042 20392,683,042483,1652.0% 878,54574,5612,362,223 20402,362,223492,8282.0% 3,41478,2082,929,845 20412,929,845502,6842.0% 6,96495,3313,520,896 20423,520,896512,7382.0% 3,599,63759,323493,321