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March 2, 2015 Agenda Packet
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ŝƐƉƌŽƉŽƐŝŶŐƚŽĐŽŶƐƚƌƵĐƚĂŶĂĚĚŝƚŝŽŶƚŽƚŚĞĞdžŝƐƚŝŶŐ'ƌĞĞŬKƌƚŚŽĚŽdžŚƵƌĐŚĐŽŵƉƌŝƐĞĚŽĨĂĐůĂƐƐƌŽŽŵ ĂŶĚĨĞůůŽǁƐŚŝƉŚĂůů͕ŝŶĐůƵĚŝŶŐĚĞŵŽůŝƚŝŽŶŽĨĂďƵŝůĚŝŶŐĂŶĚĞƐƚĂďůŝƐŚŵĞŶƚŽĨĂŶĞǁƉĂƌŬŝŶŐĂƌĞĂ͘dŚĞ ƉƌŽƉŽƐĂůŝŶĐůƵĚĞƐǀĂƌŝĂŶĐĞƐƚŽƐƚƌƵĐƚƵƌĞĂŶĚƉĂƌŬŝŶŐƐĞƚďĂĐŬƐ͕ƉĂƌŬŝŶŐƐƚĂŶĚĂƌĚƐ͕ůĂŶĚƐĐĂƉŝŶŐ ƉƌŽǀŝƐŝŽŶ͕ďƵĨĨĞƌLJĂƌĚƐƚĂŶĚĂƌĚƐ͕ůŝŐŚƚŝŶŐƐƚĂŶĚĂƌĚƐ͕ƌĞƋƵŝƌĞŵĞŶƚƐƌĞůĂƚŝŶŐƚŽŵƵůƚŝƉůĞďƵŝůĚŝŶŐƐŽŶĂ ůŽƚ͕ĂŶĚƉŽƚĞŶƚŝĂůŝŶĐƌĞĂƐĞŽĨŶŽŶͲĐŽŶĨŽƌŵŝƚŝĞƐ͘dŚĞƉƌŽƉĞƌƚLJŝƐůŽĐĂƚĞĚŽŶƚŚĞǁĞƐƚƐŝĚĞŽĨϳƚŚǀĞ EtĂŶĚĂůŽŶŐƚŚĞŶŽƌƚŚƐŝĚĞŽĨtĞƐƚĞŶƚĞƌ^ƚƌĞĞƚ͘ Dƌ͘tŽũĐŚŝŬƉƌĞƐĞŶƚĞĚƚŚĞƐƚĂĨĨƌĞƉŽƌƚ͕ĚĂƚĞĚ&ĞďƌƵĂƌLJϱ͕ϮϬϭϱ͕ƚŽƚŚĞŽŵŵŝƐƐŝŽŶ͘dŚĞƐƚĂĨĨƌĞƉŽƌƚŝƐ ŽŶĨŝůĞĂƚƚŚĞZŽĐŚĞƐƚĞƌͲKůŵƐƚĞĚWůĂŶŶŝŶŐĞƉĂƌƚŵĞŶƚ͘ Dƌ͘'ŽŽĚĞŶďĞƌŐĞƌŽƉĞŶĞĚƚŚĞƉƵďůŝĐŚĞĂƌŝŶŐ͘ 3DFNHW3J )E 3DJH &LW\3ODQQLQJDQG=RQLQJ&RPPLVVLRQ0LQXWHV+HDULQJ'DWH)HEUXDU\ ŶĚ Dƌ͘<ĞǀŝŶŽLJůĞ͕ĂƉƉůŝĐĂŶƚ͛ƐƌĞƉƌĞƐĞŶƚĂƚŝǀĞǁŝƚŚ,ĂŵŵĞů'ƌĞĞŶĂŶĚďƌĂŚĂŵƐŽŶ͕ƌĞƐŝĚĞƐĂƚϭϵϲϱϰϮ ^ƚƌĞĞƚEt͕ZŽĐŚĞƐƚĞƌDEϱϱϵϬϭ͕ĂĚĚƌĞƐƐĞĚƚŚĞŽŵŵŝƐƐŝŽŶ͘,ĞƉƌĞƐĞŶƚĞĚƚŚĞĐŚĂŶŐĞƐƐŝŶĐĞƚŚĞůĂƐƚ ƉƵďůŝĐŚĞĂƌŝŶŐ͘dŚĞĂƉƉůŝĐĂŶƚĂŶĚĚĞǀĞůŽƉĞƌŚĂǀĞŵĞƚǁŝƚŚƚŚĞŶĞŝŐŚďŽƌŚŽŽĚĂƐƐŽĐŝĂƚŝŽŶ͖ƚŚĞLJŚĂǀĞ ƌĞĐĞŝǀĞĚŶŽƚŝĐĞĨƌŽŵƚŚĞ&ŝƌĞĞƉĂƌƚŵĞŶƚĨŽƌĂĚĞƋƵĂƚĞǁĂƚĞƌƐƵƉƉůLJĂŶĚŚLJĚƌĂŶƚĐŽǀĞƌĂŐĞ͖ĂŶĚǁŽƌŬ ĚŽŶĞƚŽƚŚĞĞĂƐƚĞůĞǀĂƚŝŽŶƚƌLJŝŶŐƚŽŝŵƉƌŽǀĞƚŚĞĨĂĐĞŽĨƚŚĞďƵŝůĚŝŶŐ͖ĂƐƵŐŐĞƐƚŝŽŶǁĂƐŵĂĚĞƚŽƉƌŽǀŝĚĞ ĂŶĂůĐŽǀĞĂůŽŶŐƚŚĞŶŽƌƚŚǁĂůůŽĨƚŚĞďƵŝůĚŝŶŐƚŚĂƚǁŽƵůĚĂůůŽǁƚŽƐƚŽƌĞƐŽŵĞƌĞƐŝĚĞŶƚŝĂůƐŝnjĞƚƌĂƐŚďŝŶƐ͖ ƚŚ ĂŶĚůŝŐŚƚŝŶŐĂůŽŶŐϳǀĞŶƵĞŝƐĂĚĞƋƵĂƚĞ͘ ƚŚ Dƌ͘ŶĚLJDĂƐƚĞƌƉŽůĞ͕ƌĞƐŝĚĞƐĂƚϵϭϯǀĞŶƵĞEt͕ZŽĐŚĞƐƚĞƌ͕DEϱϱϵϬϭ͕ĂĚĚƌĞƐƐĞĚƚŚĞŽŵŵŝƐƐŝŽŶ͘ ,ĞƌĞƉƌĞƐĞŶƚĞĚƚŚĞŶĞŝŐŚďŽƌŚŽŽĚĂƐƐŽĐŝĂƚŝŽŶĂŶĚĂĚĚƌĞƐƐĞĚƚŚĞƐƵŐŐĞƐƚŝŽŶƐŵĂĚĞďLJƚŚĞ<ƵƚnjŬLJŐƌŽƵƉ ƚŽƚŚĞĚĞǀĞůŽƉĞƌ͘ Dƌ͘'ŽŽĚĞŶďĞƌŐĞƌĂƐŬĞĚDƌ͘DĂƐƚĞƌƉŽůĞŝĨƚŚĞƉůĂŶŝƐĐŽŶƐŝƐƚĞŶƚǁŝƚŚƚŚĞ<ƵƚnjŬLJůĂŶĚƵƐĞƉůĂŶ͘ Dƌ͘DĂƐƚĞƌƉŽůĞŶŽƚĞĚLJĞƐƚŚĞLJĂƌĞĚĞƚĂŝůƐŽĨƚŚĞƉůĂŶƚŚĂƚĚŽŵĞĞƚƚŚĞŝŶƚĞŶƚ͖ďƵƚŝƚŝƐƵŶĚĞƌƐƚŽŽĚƐŽŵĞ ĨĞĂƚƵƌĞƐŽĨƚŚĞůĂŶĚƵƐĞĂƌĞŶŽƚĨĞĂƐŝďůĞƚŽƚŚĞĂƉƉůŝĐĂŶƚ͘ DƐ͘DĞĞŬĂƐŬĞĚƚŚĞĂƉƉůŝĐĂŶƚ͛ƐƌĞƉƌĞƐĞŶƚĂƚŝǀĞĂďŽƵƚƚŚĞŶĞĞĚĨŽƌĚƌŽƉŽĨĨƉĂƌŬŝŶŐůĂLJŽƵƚŝŶƌĞƐƉĞĐƚƚŽ ƚŚĞƵƌďĂŶĚĞƐŝŐŶ͘ ŶĚ Dƌ͘<ĞǀŝŶŽLJůĞ͕ĂƉƉůŝĐĂŶƚ͛ƐƌĞƉƌĞƐĞŶƚĂƚŝǀĞǁŝƚŚ,ĂŵŵĞů'ƌĞĞŶĂŶĚďƌĂŚĂŵƐŽŶ͕ƌĞƐŝĚĞƐĂƚϭϵϲϱϰϮ ^ƚƌĞĞƚEt͕ZŽĐŚĞƐƚĞƌDEϱϱϵϬϭ͕ĂĚĚƌĞƐƐĞĚƚŚĞŽŵŵŝƐƐŝŽŶ͘,ĞĂĚĚƌĞƐƐĞĚƚŚĞƋƵĞƐƚŝŽŶƚŽDƌ͘<ĞůůLJ͘ Dƌ͘dŝŵ<ĞůůLJ͕ĂƉƉůŝĐĂŶƚ͕ůŽĐĂƚĞĚĂƚƚŚĞ'ƌĞĞŬKƌƚŚŽĚŽdžŚƵƌĐŚ͕ZŽĐŚĞƐƚĞƌ͕DEϱϱϵϬϭ͕ĂĚĚƌĞƐƐĞĚƚŚĞ ĐŽŵŵŝƐƐŝŽŶ͘,ĞƐƚĂƚĞĚƚŚĞƌĞĂƐŽŶƐĨŽƌƚŚĞĨƌŽŶƚƉĂƌŬŝŶŐƐƉŽƚƐĂƌĞĨŽƌƚŚĞĐŽŶǀĞŶŝĞŶĐĞŽĨĞůĚĞƌůLJ ŵĞŵďĞƌƐƚŽĞŶƚĞƌŝŶƚŽƚŚĞďƵŝůĚŝŶŐ͘ tŝƚŚŶŽŽŶĞĞůƐĞǁŝƐŚŝŶŐƚŽďĞŚĞĂƌĚ͕Dƌ͘'ŽŽĚĞŶďĞƌŐĞƌĐůŽƐĞĚƚŚĞƉƵďůŝĐŚĞĂƌŝŶŐ͘ DƐ͘tŝůƐŽŶĂƐŬĞĚŝĨĂĨŝŶĂůƉůĂŶǁŝůůĐŽŵĞďĞĨŽƌĞƚŚĞĐŽŵŵŝƐƐŝŽŶƐŚŽǁŝŶŐĐŽŵƉůŝĂŶĐĞǁŝƚŚƚŚĞ ĐŽŶĚŝƚŝŽŶƐ͘ Dƌ͘'ŽŽĚĞŶďĞƌŐĞƌŶŽƚĞĚLJĞƐĂĨŝŶĂůƉůĂŶǁŝůůĐŽŵĞĨŽƌƚŚ͘ Dƌ͘<ƌĂŝŐŶŽƚĞĚƚŚĞĂƉƉƌĞĐŝĂƚŝŽŶĨŽƌƚŚĞĚĞǀĞůŽƉĞƌĂŶĚƚŚĞŶĞŝŐŚďŽƌŚŽŽĚĂƐƐŽĐŝĂƚŝŽŶŵĞĞƚŝŶŐƚŽĚŝƐĐƵƐƐ ƚŚĞƉƌŽũĞĐƚ͘ DƐ͘DĞĞŬŵŽǀĞĚƚŽƌĞĐŽŵŵĞŶĚĂƉƉƌŽǀĂůŽĨĂǀĂƌŝĂŶĐĞƚŽ^ĞĐƚŝŽŶϲϮ͘ϮϱϮŽĨϮϯĨĞĞƚĨƌŽŵƚŚĞƌĞƋƵŝƌĞĚϯϬĨĞĞƚƚŽ ĂůůŽǁĨŽƌĂϳĨŽŽƚƉƌŽƉĞƌƚLJƐĞƚďĂĐŬƚŽƚŚĞƐŽƵƚŚůŽƚůŝŶĞĂƐƐŚŽǁŶŽŶƚŚĞƉƌŽƉŽƐĞĚ^ŝƚĞWůĂŶǁŝƚŚƚŚĞƐƚĂĨĨͲ ƌĞĐŽŵŵĞŶĚĞĚĨŝŶĚŝŶŐƐ͘Dƌ͘^ŚĞƌǁŽŽĚƐĞĐŽŶĚĞĚƚŚĞŵŽƚŝŽŶ͘dŚĞŵŽƚŝŽŶĐĂƌƌŝĞĚƵŶĂŶŝŵŽƵƐůLJ͘ DƐ͘DĞĞŬŵŽǀĞĚƚŽƌĞĐŽŵŵĞŶĚĂƉƉƌŽǀĂůŽĨĂǀĂƌŝĂŶĐĞƚŽ^ĞĐƚŝŽŶϲϮ͘ϮϱϮŽĨϮϮĨĞĞƚĨƌŽŵƚŚĞƌĞƋƵŝƌĞĚ ϯϬĨĞĞƚƚŽĂůůŽǁĨŽƌĂŶϴĨŽŽƚƉƌŽƉĞƌƚLJƐĞƚďĂĐŬƚŽƚŚĞĞĂƐƚůŽƚůŝŶĞĂƐƐŚŽǁŶƚŚĞƉƌŽƉŽƐĞĚ^ŝƚĞWůĂŶ 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