To: All Shareholders
From: Blue Woods Management Group
Date: 23 January 2013

We wish to advise all shareholders that the City of New York still has not issued the STAR, Veteran and Senior Citizen credits that are normally issued by this time. We are, therefore, unable to apply the credits to the February maintenance bills, as we had hoped. As soon as the information is received, we will apply the credits to your account.

Thank you for your patience while the City processes this information.

For more information about these credits, please see Tax Relief Programs.