Ray Outdoor DCF 3.23.11

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Target Media

Include Unbuilt Faces?

Yes

Income Statement, Valuation, and Inventory Overview


Including Unbuilt Faces
Income Statement
Historical
Estimate
Number of Faces (1)
Occupancy
Monthly Rate per Face (2)
Net Revenue

YEAR
1

242
65.7%
1,332
2,541,160

YEAR
2

YEAR
3

YEAR
4

YEAR
5

YEAR
6

YEAR
17

272
65.7%
1,331
2,854,077

272
65.7%
1,343
2,880,261

272
65.7%
1,393
2,986,607

272
65.7%
1,460
3,130,066

272
65.7%
1,533
3,286,569

272
65.7%
1,609
3,450,897

272
65.7%
2,752
5,902,205

12.3%

0.9%

3.7%

4.8%

5.0%

5.0%

5.0%

152,470

171,245

172,816

179,196

187,804

197,194

207,054

354,132

2,388,690

2,682,833

2,707,445

2,807,411

2,942,262

3,089,375

3,243,843

5,548,073

202,164

226,176

232,961

239,950

247,149

254,563

262,200

362,946

8.0%

7.9%

8.1%

8.0%

7.9%

7.7%

7.6%

6.1%

0
48,400
52,500
50,823
0
353,887

0
49,852
59,637
57,082
0
392,747

0
51,348
61,426
58,794
0
404,529

0
52,888
63,269
60,558
0
416,665

0
54,475
65,167
62,375
0
429,165

0
56,109
67,122
64,246
0
442,040

0
57,792
69,136
66,173
0
455,301

0
79,998
95,700
91,599
0
630,243

2,034,803

2,290,086

2,302,916

2,390,746

2,513,097

2,647,335

2,788,542

4,917,830

80.1%

80.2%

80.0%

80.0%

80.3%

80.6%

80.8%

83.3%

12.5%

0.6%

3.8%

5.1%

5.3%

5.3%

5.3%

70%
9.01x
0.00x
0.00x

80%
7.89x
0.00x
0.00x

9.01x

7.89x

Net Revenue Growth


% of Net Revenue

AE Commissions (3)

6.0%

Contribution Margin
Operating Expenses
Site Lease (4)

Yr. 1 Base Rent


226,176

Rev. Share
0%

Escalator
3%

Site Lease %

Growth Rate
3%
3%
3%
3%
3%

Posting Charges
Rotate Charges (5)
Illumination / Electricity (6)
Maintenance (7)
Property Tax
Total Operating Expenses
Operating Cash Flow (OCF) / EBITDA
% of Net Revenue
% Growth Rate of OCF / EBITDA

Purchase Price Metrics:

Purchase Price
Capex Upgrades
Other
Total

Amount
20,350,000
-

Mult. of Year 1
EBITDA
8.89x
0.00x
0.00x

30%
21.03x
0.00x
0.00x

20,350,000

8.89x

21.03x

Multiple of Target's Proforma EBITDA @ Different Margins


40%
50%
60%
15.77x
12.62x
10.52x
0.00x
0.00x
0.00x
0.00x
0.00x
0.00x
15.77x

12.62x

10.52x

(8)

Notes:
1) 242 built faces. Assume FMG acquires and operates all built and unbuilt structures
a) Applying Target's 65.7% current occupancy to Local FMG GM's rate projections for the built faces results in $2.25 million in annual revenue, 11.4% lower than Target's
$2.54 mm historical estimated revenue.
2) Projections incorporate currently sold faces. Rate and Occupancy projections apply to faces not currently under contract.
3) Per the BKMR, local branch's Selling & Marketing Expenses were 10% of revenue in 2007.
4) Historical and year 1 site lease amounts are from Target. 3% Escalator is an estimated guess at this point.
5) Historical and projected rotate expense is based on each face being rotated 4 times annually at $50 per rotate
6) Historical and year 1 Illumination/Electricity amounts are from info received from Target. Approximately $75 per month per structure
7) Historical and year 1 maintenance expense estimated to be 2% of net revenue
8) Target's EBITDA at various margin levels based on: 1) actual revenue from built structures and 2) estimated revenue from unbuilt structures at 100% occupancy.
Target Historical Revenue Estimate
Revenue from Unbuilt Structures at 100% Occupancy (Target's rates)
Target's Total Potential Internal Revenue Assumption

2,541,160
684,000
$

3,225,160

Target Media

Include Unbuilt Faces?

Yes

Income Statement, Valuation, and Inventory Overview


Including Unbuilt Faces

Inventory Summary by Structure Type:

Structures:

B2B - Stack

Built
% of Total Built Structures

Unbuilt

% of Total Structures

% of Total Built Revenue Potential


Revenue per Structure

Unbuilt

% of Total Unbuilt Revenue Potential


Revenue per Structure

Total

16.4%

13
19.4%

2,036,400 $

Occupancy among Built Faces


Easements under Built Structures
% of Structures with Easements
% of Revenue with Easements (@ 100% occupancy)

Site Lease % (Built Structures)


Site Lease % Excluding Easements (Built Structures)
Wtd. Avg. Years Remaining at Leased structures
Wtd. Avg. Months Remaining on Sales Contracts at Sold Faces
% of Run-rate Revenue under Contract for Greater than 12 months
GM's Rate Projections vs. Target's Existing Rates (wtd. avg.)

13.4%

67

3.0%

285,000 $

100.0%

20,400 $
0.6%

59,894 $

64,440 $

75,100 $

31,667 $

10,200 $

252,000 $

2,288,400 $

432,000 $
63.2%
144,000

1,076,400 $

0.0%

0.0%

#DIV/0!

#DIV/0!

450,600

285,000 $

100.3%

0.0%
#DIV/0!

3,436,800
56,341

684,000
100.0%

20,400 $

114,000

4,120,800

55.5%

26.1%

10.9%

6.9%

0.5%

100.0%

61,849 $

82,800 $

75,100 $

31,667 $

10,200 $

61,504

2,541,160
684,000
3,225,160
202,164
24,012
226,176
$

6
100.0%

8.3%

1) Revenue potential based on branch's projected rates at 100% occupancy

Revenue - Site Lease

0.0%

13.2%

Site Lease - Built structures


Site Lease - Unbuilt structures
Total Site Lease

0.0%

61
100.0%

9.0%

450,600

3.3%

###

0.0%

14.8%

18.8%

36.8%

Summary of Information from Target:


Built
Target's Current Run-Rate Revenue - Built Structures
Target's Current Run-Rate Revenue - Unbuilt Structures
Total Revenue

Total

59.4%

84,000 $

644,400

Single - Stack

9.8%

37

B2B Bulletin

50.0%

55.2%

% of Total Revenue Potential


Revenue per Structure

55.7%
50.0%

Total structures

B2B - 1 Tri-vision
10

% of Total Unbuilt Structures

Revenue (Potential) (1) by Structure Type:


Built

B2B Tri-vision
34

2,998,984
65.7%
20
32.8%
37.5%

8.0%
16.2%
17.8
3.3
9.8%
(4.2%)

Fusion Media Group


Acquisition Analysis
Target
Including Unbuilt Faces
Division:
Date:
Market:
Project Name:
Foreign Currency / USD

Domestic Outdoor
2/27/2008
CCO Market
Target
1.00
Asset Purchase
Assets (% Purchase Price)
0%
Goodwill (% Purchase Price)
100%

PV of Investment
Discount Rate
08 EBITDA Mult.
TTM EBITDA Mult.
08 FCF Mult.
Yr 3 EBITDA Mult.

Historical
Upfront
Yr 0

Net Revenue

20,350,000
15.0%
8.9x
N/A
10.5x
7.7x

2009
Yr 2

2,854,077 $

3,120,283 $

563,991 $

577,345 $

Growth

2,290,086

Margin
Growth

2,542,938

80.2%

D&A
D&A - Capex
EBT
38.0%

3.7%

Unlevered IRR

Revenue Pacings
100%

file:///var/www/apps/conversion/tmp/scratch_6/329529100.xlsx

110%

2,773,936

81.6%
3.8%

2,921,216

81.8%
5.1%

3,076,117

82.0%
5.3%

450,783
735,488

487,526
795,437

538,562
878,707

594,529
970,020

653,391
1,066,059

1,356,667
1,935,387

1,356,667
2,092,155

24.6%

25.9%

1,356,667
###
###
2,152,104

67.1%
8.1%

1,356,667
2,235,373

66.5%
2.9%

27.2%

1,356,667
2,422,726

65.3%
4.1%

64.8%
4.1%

(20,350,000)

1,935,387

2,092,155

2,152,104

2,235,373

2,326,687

2,422,726

32,390,292
32,390,292

1.0000

1.00
0.8696

2.00
0.7561

3.00
0.6575

4.00
0.5718

5.00
0.4972

6.00
0.4323

6.00
0.4323

1,682,945 $

1,581,970 $

1,415,043 $

1,278,082 $

(20,350,000)

0.1700213253
17,350,000
18,350,000
19,350,000
20,350,000
21,350,000
22,350,000
23,350,000

120%

0
80%
90%
100%
110%
120%

8.0x

9.0x

80%

Exit Multiple
10.0x

Revenue Pacings
90%
100%

1,156,775

11.0x

1,047,411 $

12.0x

110%

5.3%

3.2%

3.4%

6.3%

5.7%

4.7%

4.4%

28.5%

1,356,667
2,326,687

65.9%
3.9%

5.7%

82.3%
5.3%

354,699
578,720

23.6%

'08-'17
CAGR

3.6%

-671.3%
771.3%
100.0%

Expense
Pacings

90%

2,639,630

662,355

3.6%

17.0%

80%

639,234 $

3.5%

1,356,667
1,719,451

Purchase Price

$ (12,187,774)
$ 14,003,217
$
1,815,443

616,969 $

'08-'12
CAGR

5.0%

1,356,667
1,564,549

Expense
Pacings

Sum of PV of Cash Flows


PV of Terminal Value
Total PV

3.2%

3,738,472

5.0%

1,356,667
1,417,269

67.8%

3,560,450 $

Terminal Value

1,356,667
1,282,963

Margin
Growth

Discounted FCF

3,390,904 $

2013
Yr 6

1,356,667
1,186,271

20,350,000
(20,350,000)

Discount Back to:


Discount Factor @ 15.0%

2012
Yr 5

4.8%

595,861 $

81.5%
11.0%

20.3%

Terminal Value
Total

1,815,443
771.3%
10.0x
Yr 6

1,356,667
933,419

Margin

(less) Purchase Price/Earnouts


(plus) Tax D&A
(less) Working Capital Needs
(less) Capex
FCF

2011
Yr 4

3,235,491 $

2.4%

EBITDA

1,815,443
80%
90%
100%
110%
120%

2010
Yr 3

9.3%

Total Operating Expenses

Projected
2008
Yr 1

Growth

Taxes
Net Income

NPV of Acquisition
% of TV in PV
Terminal EBITDA Multiple
Terminal Year

120%

14,003,217

Fusion Media Group


Acquisition Analysis
Target
Inputs
2008
Yr 1

2009
Yr 2

2010
Yr 3

2011
Yr 4

2012
Yr 5

2013
Yr 6

2014
Yr 7

2015
Yr 8

2016
Yr 9

2017
Yr 10

2018
Yr 11

272
66%
1,393
3,235,491 $

272
66%
1,460
3,390,904 $

272
66%
1,533
3,560,450 $

272
272
272
272
272
66%
66%
66%
66%
66%
1,609
1,690
1,774
1,863
1,956
3,738,472 $ 3,925,396 $ 4,121,665 $ 4,327,749 $ 4,544,136

187,804
247,149
54,475
65,167
62,375
###
616,969

197,194
254,563
56,109
67,122
64,246
639,234

2019
Yr 12

2020
Yr 13

2021
Yr 14

2022
Yr 15

2023
Yr 16

2024
Yr 17

OIBDAN Projections (Typically linked to support material)

Number of Faces
Occupancy
Monthly Rate
Net Revenue

AE Commissions
Site Lease
Posting Charges
Rotate Charges
Illumination
Maintenance
Property Tax
Operating Expenses

272
272
66%
66%
1,331
1,343
2,854,077 $ 3,120,283 $
171,245
226,176
49,852
59,637
57,082
563,991

OIBDAN

172,816
232,961
51,348
61,426
58,794
###
577,345

179,196
239,950
52,888
63,269
60,558
595,861

207,054
262,200
57,792
69,136
66,173
662,355

217,407
270,066
59,526
71,210
68,158
###
686,366

228,277
278,168
61,312
73,346
70,203
711,306

239,691
286,513
63,151
75,546
72,309
737,210

272
66%
2,054
###

272
66%
2,156
###

272
66%
2,264
###

272
66%
2,377
###

272
66%
2,496
###

272
66%
2,621
###

272
66%
2,752
###

251,675
295,108
65,046
77,813
74,478
764,120

264,259
303,962
66,997
80,147
76,713
###
792,078

277,472
313,080
69,007
82,552
79,014
821,125

291,346
322,473
71,077
85,028
81,385
851,308

305,913
332,147
73,209
87,579
83,826
882,674

321,208
342,111
75,406
90,206
86,341
915,273

337,269
352,375
77,668
92,913
88,931
949,155

354,132
362,946
79,998
95,700
91,599
984,375

###

###

###

###

###

###

###

2,290,086 $ 2,542,938 $

2,639,630 $

2,773,936 $

2,921,216 $

3,076,117 $ 3,239,029 $ 3,410,360 $ 3,590,538 $ 3,780,016

2008
Yr 1

2010
Yr 3

2011
Yr 4

2012
Yr 5

2013
Yr 6

Purchase Price / Earnout Schedule

Upfront
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
Total
PV
Cash
Equity

$ Amount /
# of Shares
20,350,000
20,350,000
20,350,000
Sum
20,350,000
-

Upfront
Yr 0
20,350,000
20,350,000
20,350,000

Cash
Cash
Cash
Cash
Cash
Cash
Cash
Cash
Cash
Cash
Cash

PV
20,350,000
-

D&A Schedule
Asset D&A

Upfront
Upfront
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
Total

Asset $
20,350,000
20,350,000

20,350,000
-

2009
Yr 2
-

2019
Yr 12
-

2020
Yr 13
-

2021
Yr 14
-

2022
Yr 15
-

2023
Yr 16
-

2024
Yr 17
-

D&A - By Year
2008
Yr 1
15 Yrs
1,356,667
99999999 Yrs
10 Yrs
10 Yrs
10 Yrs
10 Yrs
10 Yrs
10 Yrs
10 Yrs
10 Yrs
10 Yrs
10 Yrs
1,356,667
Life

100%

100%

Capex D&A
Capex $
Upfront
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017

D&A - By Year
2008
Yr 1

Life
-

Total

file:///var/www/apps/conversion/tmp/scratch_6/329529100.xlsx

15 Yrs
10 Yrs
10 Yrs
10 Yrs
10 Yrs
10 Yrs
10 Yrs
10 Yrs
10 Yrs
10 Yrs
10 Yrs

2009
Yr 2
1,356,667
1,356,667

2009
Yr 2

2014
Yr 7

2010
Yr 3
1,356,667
1,356,667

2011
Yr 4
1,356,667
1,356,667

2012
Yr 5
1,356,667
1,356,667

2013
Yr 6
1,356,667
1,356,667

2010
Yr 3

2011
Yr 4

2012
Yr 5

2013
Yr 6

2015
Yr 8

2014
Yr 7
1,356,667
1,356,667

2014
Yr 7

2016
Yr 9

2015
Yr 8
1,356,667
1,356,667

2015
Yr 8

2017
Yr 10

2016
Yr 9
1,356,667
1,356,667

2016
Yr 9

2018
Yr 11

2017
Yr 10
1,356,667
1,356,667

2018
Yr 11
###
###

2019
Yr 12
###
###

2020
Yr 13
###
###

2021
Yr 14
###
###

2022
Yr 15
###
###

2023
Yr 16
-

2024
Yr 17
-

2017
Yr 10

2018
Yr 11

2019
Yr 12
-

2020
Yr 13
-

2021
Yr 14
-

2022
Yr 15
-

2023
Yr 16
-

2024
Yr 17
-

Target Media
Inventory Detail

Projected Closing Date

06/30/08

Annualized Totals:

Built
Unbuilt

242
30

Total

272

By Face
By Location
Annual Rev. Vs. Target's Annual Rev.
per Blue **
Rates ***
per Blue ** Electricity
$3,426,600
(4.2%) $3,436,800
$52,500
684,000
684,000
5,400

Annual Rev.
per Target *
$2,541,160
684,000

Faces

3,225,160

4,110,600

* At 65.7% occupancy
Occupancy:
Target Faces Occupied - Built
Total Target Built Faces
Occupancy

Loc.
1
1
1
1
2
2
2
2
2
2
3
3
3
3
4
4
4
4
5
5
5
5
6
6
6
6
7
7
7
7
8
8
9
9
9
9
10
10
10
10
11
11
11
11
11
11
12
12
12
12
13
13
13
13
14
14
14
14
15
15
15
15
16
16
16
16
17
17
17
17
18
18
18
18
19
19
19
19
20

Identification
Structure
Face
FM-1
1-1
FM-1
1-2
FM-1
1-3
FM-1
1-4
FM-2
2-5
FM-2
2-6
FM-2
2-7
FM-2
2-8
FM-2
2-9
FM-2
2-10
FM-3
3-11
FM-3
3-12
FM-3
3-13
FM-3
3-14
FM-4
4-15
FM-4
4-16
FM-4
4-17
FM-4
4-18
FM-5
5-19
FM-5
5-20
FM-5
5-21
FM-5
5-22
FM-6
6-23
FM-6
6-24
FM-6
6-25
FM-6
6-26
FM-7
7-27
FM-7
7-28
FM-7
7-29
FM-7
7-30
FM-8
8-31
FM-8
8-32
FM-9
9-33
FM-9
9-34
FM-9
9-35
FM-9
9-36
FM-10
10-37
FM-10
10-38
FM-10
10-39
FM-10
10-40
FM-CAV1
11-41
FM-CAV1
11-42
FM-CAV1
11-43
FM-CAV1
11-44
FM-CAV1
11-45
FM-CAV1
11-46
L-1
12-47
L-1
12-48
L-1
12-49
L-1
12-50
L-2
13-51
L-2
13-52
L-2
13-53
L-2
13-54
L-3
14-55
L-3
14-56
L-3
14-57
L-3
14-58
L-4
15-59
L-4
15-60
L-4
15-61
L-4
15-62
L-5
16-63
L-5
16-64
L-5
16-65
L-5
16-66
L-6
17-67
L-6
17-68
L-6
17-69
L-6
17-70
L-7
18-71
L-7
18-72
L-7
18-73
L-7
18-74
L-8
19-75
L-8
19-76
L-8
19-77
L-8
19-78
L-9
20-79

159
242
65.7%

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

City
Town #11

Address
2406 CO-OP Dr.

Display
Type
B2B - Stack

Structure
Type
Monopole Steel

Town #1

1528 W. Sunset

B2B Tri-vision

Monopole Steel

Town #1

866 S. 48th Street


(I-540)

B2B - 1 Tri-vision

Monopole Steel

Town #2

Town #2

2506 S. Walton

855 McClain Dr.


(I-540- Exit 88)

B2B - Stack

B2B - Stack

17,500

Monopole Steel

5,000
7,500
1,500

5,500

Lindsey & Associates


Rug Gallery
Outdoor Media / Hershey's
Envoy / Highland Dairy
Kenypoint Church
Cox
Blakeman's
Dr. Taylor
Cox
Kent Dobbs
Super 8
Turner / Taco Bell
McDonalds
Town #7 Enterprises

2,000
2,000
4,000
2,500
2,000
1,445
1,650
3,000
1,700
3,000
425
425
430
350

B2B - Stack

Monopole Steel

Town #7

St. Francis Co.


Mile Marker 241.68 (I-40)
St. Francis Co.
Mile Marker 241.78 (I-40)

Single - Stack

Monopole Steel

B2B - Stack

Monopole Steel

Town #10

Crittenden Co.
Mile Marker 272.20 (I-40)

B2B - Stack

Monopole Steel

Town #1

5001 Kaylee Ave

B2B Tri-vision

Monopole Steel

B2B - Stack

3,250

5,000

3408 S. Moberly Lane


(I-540- Exit 85)

2815 SW 14th St.


(Lamp's)

Cracker Barrel
Motel 6

B2B - Stack

Monopole Steel

Town #8

1659 East Town #8 Blvd.


(Castle Pawn)

B2B - Stack

Monopole Steel

Town #2

112 North Main


(Bruce's Market)

B2B - Stack

Monopole Steel

7878 SW Regional Airport Blvd.


(Evans)

B2B - Stack

Town #2

7942 SW Regional Airport Blvd.


(Klutts)

B2B - Stack

Monopole Steel

Town #5

2844 Town #5 Way


(Abercrombie Prop. Inc.)

B2B - Stack

Monopole Steel

2844b Town #5 Way

B2B - Stack

Town #5

850
780

Midwest SnS

1,500

5,750

Town #2 Honda Powersports


TH Hospitality
Lindsey / The Links

1,500
1,250
1,500
1,400

Farris Insurance

600

Gold's Gym

800

Monopole Steel

3309 SW 14th St.


(Laramore)

9,350

1,513

Monopole Steel

Town #2

9,945

738
775

1,800
Cadbury
GWL (Toyota)

Town #8

750
800

Schering-Plough
Nitro/Kraft
Cox

Town #2

Town #2

3,130

Oberto

Monopole Steel

B2B - Stack

730
680
900

Monopole Steel

B2B - Stack

2799 SW 14th St.


(Church)

Heartland Honda
Cox
Humana
K. Riggins billed thru FNWA
Crye-Leike
Legacy (Cooper Creat.)

1,500
1,750

1010 Phyllis Dr.


(I-540- Exit 86)

Town #2

Marriott

Current Target Contracts


Rates per Target
Face
Location
500
1,230

1st Security
Dr. Bill Pickard

Town #2

Town #7

Client

750
1,050
-

1,650
Woodhouse (Bonus)
Butler / Till Media
Stribling Packaging
Cox

900
750
680

Cyre-Leike

750

Monopole Steel

1,430

1,150
World Gym - Bonus

Monopole Steel

Omni Hospitality Mgmt.


Crossmark
Omni Doubletree
Crye-Leike
Stribling Packaging

1,150
1,250
633
750
1,000

Matthews Mgmt.
Cox
MO Eagle (Bud)
Cherokee Casino

850
765
1,200
1,500

4,120,800

57,900

**At 100% occupancy


*** Weighted average increase over
Target's rates

3,633

2,815

2,900

Months
Expiration
Remaining
08/31/08
2.1
08/31/08
2.1
12/31/07
04/30/08
06/30/08
04/30/08
02/28/08
04/30/08
05/31/08
12/31/08
6.1
02/28/08
10/31/07
03/31/08
07/31/08
1.0
02/28/08
12/31/08
6.1
12/31/08
6.1
12/31/07
03/31/08
02/28/08
12/31/07
04/30/08
MTM
MTM
02/28/08
MTM
03/31/10
21.3
12/31/08
6.1
12/31/07
11/30/07
12/31/11
42.6
02/28/08
10/31/07
10/31/08
4.1
12/31/07
12/31/07
12/31/07
06/30/08
12/31/07
01/31/08
01/31/10
19.3
01/31/08
10/31/08
4.1
01/31/08
06/30/08
04/30/09
10.1
12/31/07
10/31/07
07/31/08
1.0

R. Blue Projections
Incr. /
Rate by
(Decr.)
Location
Electricity
50.0%
3,000
120
0.0%
0.0%
2.7%
17.6%
4,800
100
(11.1%)
0.0%
6.7%
0.0%
0.0%
0.0%
5,550
100
(16.7%)
(28.6%)
0.0%
20.0%
24,000
100
0.0%
20.0%
(20.0%)
20.0%
7,200
100
0.0%
(10.0%)
(10.0%)
(37.5%)
10,000
100
0.0%
25.0%
73.0%
51.5%
10,000
100
(16.7%)
47.1%
(16.7%)
0.0%
850
60
0.0%
(7.0%)
1,600
60
14.3%
0.0%
0.0%
1.6%
2,300
110
(3.2%)
0.0%
0.0%
(16.7%)
7,500
80
0.0%
0.0%
(16.7%)
0.0%
(16.7%)
0.0%
3,000
60
25.0%
0.0%
(6.3%)
0.0%
3,000
60
0.0%
0.0%
(28.6%)
0.0%
2,000
60
0.0%
0.0%
0.0%
0.0%
2,000
60
0.0%
(44.4%)
(33.3%)
(4.4%)
2,600
60
0.0%
0.0%
(13.3%)
0.0%
3,000
60
0.0%
0.0%
(34.8%)
(36.0%)
2,800
60
26.4%
(20.0%)
(40.0%)
0.0%
4,000
60
29.4%
17.6%
(25.0%)
(33.3%)
3,600
60

Rate
750
750
750
750
800
800
800
800
800
800
1,800
1,250
1,250
1,250
6,000
6,000
6,000
6,000
1,800
1,800
1,800
1,800
2,500
2,500
2,500
2,500
2,500
2,500
2,500
2,500
425
425
400
400
400
400
750
750
400
400
1,250
1,250
1,250
1,250
1,250
1,250
750
750
750
750
750
750
750
750
500
500
500
500
500
500
500
500
650
650
650
650
750
750
750
750
800
800
600
600
1,100
1,100
900
900
1,000

Site Lease
Monthly
Annual ****
$178,884
202,164
24,012
24,012
202,896

226,176

**** Includes estimated rev. share payments

Monthly
-

Annual

Start

Site Lease
Yrs. Rem.

Lease Term
Perm. Easement

Lease Comments

542

6,504

06/19/02

23.9

30

733

8,796

03/21/01

42.7

50

400

4,800

12/12/00

17.4

25

583

6,996

12/12/00

17.4

25

733

8,796

11/22/00

42.4

50

744

8,928

12/12/00

12.4

20

140

2,550

12/01/06

8.4

10

25% of Revenue

140

2,340

12/01/06

8.4

10

25% of Revenue

Perm. Easement

Perm. Easement

200

2,400

12/01/04

36.4

40

150

1,800

12/01/04

36.4

40

150

1,800

12/01/04

36.4

40

250

3,000

12/01/04

36.4

40

200

2,400

12/01/04

36.4

40

190

2,280

12/01/04

36.4

40

Perm. Easement

333

3,996

12/01/04

36.4

40

333

3,996

04/01/05

36.7

40

Loc.
20
20
20
21
21
21
21
22
22
22
22
23
23
23
23
24
24
24
24
25
25
25
25
26
26
26
26
26
26
27
27
27
27
28
28
28
28
28
28
29
29
29
29
30
30
30
30
30
30
31
31
31
31
32
32
33
33
33
33
34
34
35
35
35
35
36
36
36
36
37
37
38
38
39
39
39
39
40
40
40
40
41
41
41
41
41
41
42
42
42
42
43
43
43
43
43
43
44
44
44
44
44
44

Identification
Structure
Face
L-9
20-80
L-9
20-81
L-9
20-82
L-10
21-83
L-10
21-84
L-10
21-85
L-10
21-86
L-11
22-87
L-11
22-88
L-11
22-89
L-11
22-90
L-12
23-91
L-12
23-92
L-12
23-93
L-12
23-94
L-13
24-95
L-13
24-96
L-13
24-97
L-13
24-98
L-14
25-99
L-14
25-100
L-14
25-101
L-14
25-102
L-15
26-103
L-15
26-104
L-15
26-105
L-15
26-106
L-15
26-107
L-15
26-108
L-16
27-109
L-16
27-110
L-16
27-111
L-16
27-112
L-17
28-113
L-17
28-114
L-17
28-115
L-17
28-116
L-17
28-117
L-17
28-118
L-18
29-119
L-18
29-120
L-18
29-121
L-18
29-122
L-19
30-123
L-19
30-124
L-19
30-125
L-19
30-126
L-19
30-127
L-19
30-128
L-20
31-129
L-20
31-130
L-20
31-131
L-20
31-132
L-21
32-133
L-21
32-134
L-22
33-135
L-22
33-136
L-22
33-137
L-22
33-138
L-23
34-139
L-23
34-140
L-24
35-141
L-24
35-142
L-24
35-143
L-24
35-144
L-25
36-145
L-25
36-146
L-25
36-147
L-25
36-148
L-26
37-149
L-26
37-150
K-10
38-151
K-10
38-152
K-20
39-153
K-20
39-154
K-20
39-155
K-20
39-156
K-30
40-157
K-30
40-158
K-30
40-159
K-30
40-160
K-40
41-161
K-40
41-162
K-40
41-163
K-40
41-164
K-40
41-165
K-40
41-166
K-50
42-167
K-50
42-168
K-50
42-169
K-50
42-170
FNWA-1
43-171
FNWA-1
43-172
FNWA-1
43-173
FNWA-1
43-174
FNWA-1
43-175
FNWA-1
43-176
FNWA-2
44-177
FNWA-2
44-178
FNWA-2
44-179
FNWA-2
44-180
FNWA-2
44-181
FNWA-2
44-182

Status
Built
Built
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Built

City

Town #1

Town #5

Town #5

Address
(Abercrombie Prop. Inc.)

945 48th Place


(LIVE OAK)

2872 Town #5 Way


(Hutchinson)

2902 Town #5 Way


(Sweet)

Display
Type

B2B - 1 Tri-vision

B2B - Stack

B2B - Stack

Structure
Type

Rates per Target


Face
Location

Monopole Steel

Client
Omni-Doubletree (Bonus)
Town #1 73 LLC
Griffin (Rotary)
Liberty Bank

Monopole Steel

Celebrate Publishing
Lindsey
Woodhouse Spa

1,000
1,800
1,000

2,000

Monopole Steel

Hutchinson Realty
MO Southern Univ.
Trailhead Mktg.

1,000
800

1,700

600
800
1,000

3,800

900
Town #2

13080 N. Hwy. 71
(Kozy Heat)

B2B - Stack

Monopole Steel

Town #2

3706 N Hwy 71
(Bait Shop)

B2B - Stack

Monopole Steel

Town #1

4915 South Thompson


(Lewis and Clark)

B2B Tri-vision

Monopole Steel

Town #1

4774 Elm Springs Rd.


(Hall Farm)

B2B - 1 Tri-vision

Monopole Steel

Town #1

651 Rio Bravo Drive


(Dixie)

B2B Tri-vision

Monopole Steel

Town #2

1015 SW Regional Airport Blvd.


(Hwy 12 and Hwy 112)

B2B - Stack

Monopole Steel

Town #1

7206 West Sunset


(C-store @ Jones Rd.)

B2B Tri-vision

Monopole Steel

Town #2

Town #1
Town #1

Town #1
Town #1

Town #1

3290 SW 14th Street


(Wrona)

B2B - Stack

4298 Wagon Wheel Rd.


(South)
4002 Wagon Wheel Rd.
(North)

B2B Bulletin

Monopole Steel

B2B - 1 Tri-vision

Monopole Steel

4398 Treadco Drive


(Wingfoot)
3268 48th Sreet
(Lane Property)
(One mile south exactly of Hwy412)

B2B Bulletin

Monopole Steel

B2B - 1 Tri-vision

Monopole Steel

B2B - 1 Tri-vision

Monopole Steel

5075 Dearing Road


(Valley Harvest Ministries)
(Most Southern board in NWA)
Elm Springs & 46th

B2B Bulletin

Monopole Steel

Sunset/ I540 Intersection


Town #1, AR
I-540 @ 48th Street
Benton Co.

B2B - Stack

Monopole Steel

B2B - Stack

Monopole Steel

Wagon Wheel/ I540


Benton Co.

B2B - Stack

Monopole Steel

Town #1

Sunset Station- Hwy 412

Town #9

5000 U.S. Hwy 412 East

Town #1

Town #1

BV Comm. Church

850

2,350

2,450
Kaufman & Assoc. / ERA
Ozark Properties
No Cut Grass
Cox
MyFurnitureMyWay
Crye-Leike
Farris Insurance
Lewis and Clark

850
800
800
1,275
1,250
1,000
1,200
700

Advanced Carpet
Town #2 Auto Group
Best Buy Here Pay
York Construction
C3 Carpetsmart
Heartland Honda
TH Hospitality

2,000
1,500
1,500
2,000
1,250
1,387
1,250

Billups Worldwide

1,000

State Farm Insurance


Omni-Doubletree
Arbors @ Deer Crossing
Villages Cross Creek

850
633
850
750

First Sec. Bank

650

Washington Regional
Bill Eddy (Bonus)

800

5,425

7,000

4,887

3,083

1,450

Cameron Smith (Trade)

Town #1

Town #3

750
750

Monopole Steel

Town #1

Town #1

Humana
JVD / Direct Buy
Crye-Leike

B2B - Stack

Monopole Steel

B2B - Stack

Monopole Steel

2201 S. Thompson
Town #1

B2B Tri-vision

Monopole Steel

1120 Mathias Dr.


Town #1

B2B Tri-vision

Monopole Steel

Taco Bell (Williams / Craw)


NW Health (QHG)
Williams Tractor
Waterford Estates - Free

2,500
3,000
3,000

NWA Motorcycles
Laser Skin
Landers McLarty
Cox
Marley Development
Bill Eddy
Cherokee Casino
Washington Regional
Sizzler / WaterTower
ANB Bancshares
ANB Bancshares
Glenstone Condos
Petra Allied Health

2,500
3,000
2,500
1,445
2,000
2,000
3,500
3,000
1,500
1,500
1,500
1,000
750

5,500
5,500

5,500
8,945

7,500

1,750
680

Bressler (Cox)
Applebee's
LaQuinta
JVD / Direct Buy
JVD / Direct Buy

680
1,250
1,250
1,375
1,375

Starbucks
Liberty Bank
Griffin Realtors

3,050
3,000
650

5,250

6,050

Marci Chaves
MyFurnitureMyWay

550
750

Dill Hospitality
Allied Plumbing
Bressler (Cox)
Omni-Doubletree
1st Security
Brighthouse Mktg.
Coldwell Banker
Cadbury Schweppes
Brookhaven Apts.
66 Federal Credit

650
750
723
634
650
750
750
750
750
750

Cox

680

1,950

2,757

4,400

680

Months
Expiration
Remaining
10/31/08
4.1
11/30/09
17.3
03/31/08
02/28/08
05/31/08
01/31/08
08/31/08
2.1
Free
12/31/07
04/07/08
04/30/08
06/30/08
01/31/08
02/29/08
11/30/07
07/31/10
25.4
05/31/09
11.2
12/31/07
07/31/08
1.0
06/30/08
10/31/07
07/31/10
25.4
02/28/08
05/31/08
05/31/08
02/28/08
12/15/08
5.6
12/31/07
12/31/11
42.6
03/31/08
05/31/08
10/31/08
4.1
08/31/08
2.1
11/30/08
5.1
10/31/08
4.1
09/30/07
09/30/08
3.1
01/31/08
09/30/08
3.1
10/31/07
10/31/08
4.1
02/28/08
07/31/08
1.0
05/31/08
12/31/07
01/31/08
09/30/08
3.1
08/31/08
2.1
09/30/07
09/30/08
3.1
11/30/09
17.3
11/30/09
17.3
10/31/08
4.1
09/30/08
3.1
12/31/07
04/30/09
10.1
04/30/09
10.1
06/30/08
06/30/08
05/31/08
02/28/08
03/31/08
02/28/08
07/31/08
1.0
11/30/09
17.3
10/31/08
4.1
12/31/07
10/31/08
4.1
10/31/08
4.1
02/28/08
05/31/08
12/31/07
12/31/07
04/30/08
12/31/07
-

Rate
1,000
800
800
1,250
1,250
1,250
1,800
1,000
1,000
800
800
1,000
1,000
800
800
1,000
1,000
800
800
1,000
1,000
800
800
1,100
1,100
1,100
1,100
1,100
1,100
2,000
1,250
1,250
1,250
1,250
1,250
1,250
1,250
1,250
1,250
800
800
800
800
800
800
800
800
800
800
700
700
600
600
2,000
2,200
1,500
1,500
1,500
2,200
2,000
2,200
1,500
1,500
1,500
2,500
2,500
1,500
1,500
1,500
1,000
750
850
850
1,250
1,250
1,375
1,375
1,800
1,800
3,000
3,000
800
800
800
800
800
800
650
750
750
750
800
800
800
800
800
800
700
700
700
700
700
700

Incr. /
(Decr.)
0.0%
33.3%
0.0%
25.0%
0.0%
25.0%
0.0%
0.0%
0.0%
0.0%
(20.0%)
25.0%
0.0%
(11.1%)
0.0%
33.3%
33.3%
0.0%
(5.9%)
0.0%
17.6%
0.0%
0.0%
(13.7%)
(12.0%)
10.0%
(8.3%)
57.1%
0.0%
0.0%
(16.7%)
(16.7%)
(37.5%)
0.0%
(9.9%)
0.0%
0.0%
25.0%
0.0%
(5.9%)
26.4%
(5.9%)
6.7%
0.0%
23.1%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
(20.0%)
(26.7%)
(50.0%)
0.0%
0.0%
(12.0%)
(33.3%)
(12.0%)
3.8%
(25.0%)
(25.0%)
(28.6%)
(16.7%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
25.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
(1.6%)
0.0%
23.1%
0.0%
0.0%
45.5%
6.7%
0.0%
0.0%
0.0%
3.7%
18.3%
23.1%
6.7%
6.7%
6.7%
6.7%
6.7%
0.0%
0.0%
2.9%
0.0%
0.0%
0.0%

Rate by
Location

Electricity

Monthly

Annual

Start

5,550

60

3,600

60

3,600

60

500

60

3,600

Site Lease
Yrs. Rem.

Lease Term

Lease Comments

Perm. Easement

09/01/05

37.1

40

Trade for Display

6,000

08/01/05

37.1

40

325

3,900

09/01/05

37.1

40

60

375

4,500

09/01/05

37.1

40

6,600

60

09/01/05

37.1

40 Disc Ad Space?

5,750

60

844

01/01/06

37.5

40

7,500

60

Perm. Easement

3,200

60

Perm. Easement

4,800

60

Perm. Easement

2,600

60

300

4,200

60

Perm. Easement

6,700

60

Perm. Easement

4,200

60

500

7,000

60

Perm. Easement

7,000

60

Perm. Easement

1,750

60

1,700

30

400

5,250

60

9,600

60

606

4,800

80

2,900

125

350

4,200

07/01/06

38.0

40

4,800

35

450

5,400

06/01/02

13.9

20

4,200

50

690

8,280

06/01/02

13.9

20

3,600

21,000

3,600

6,000

05/01/06

07/01/06

37.8

38.0

4,800

40

40

Perm. Easement
02/01/05

36.6

18,150

25% of Revenue

40
Perm. Easement

02/01/05

Perm. Easement

Perm. Easement

25% of Revenue

Loc.
45
45
45
45
45
45
46
46
46
46
46
46
47
47
48
48
49
49
50
50
51
51
51
51
51
51
52
52
53
53
54
54
54
54
55
55
55
55
56
56
56
56
57
57
57
57
58
58
58
58
59
59
60
60
60
60
61
61
61
61
62
62
62
62
63
63
63
63
64
64
64
64
65
65
65
65
65
65
66
66
66
66
66
66
67
67
67
67
67
67

Identification
Structure
Face
FNWA-3
45-183
FNWA-3
45-184
FNWA-3
45-185
FNWA-3
45-186
FNWA-3
45-187
FNWA-3
45-188
FNWA-4
46-189
FNWA-4
46-190
FNWA-4
46-191
FNWA-4
46-192
FNWA-4
46-193
FNWA-4
46-194
FNWA-5
47-195
FNWA-5
47-196
FNWA-6
48-197
FNWA-6
48-198
FNWA-7
49-199
FNWA-7
49-200
FNWA-8
50-201
FNWA-8
50-202
FNWA-9
51-203
FNWA-9
51-204
FNWA-9
51-205
FNWA-9
51-206
FNWA-9
51-207
FNWA-9
51-208
FNWA-10
52-209
FNWA-10
52-210
FNWA-11
53-211
FNWA-11
53-212
FNWA-12
54-213
FNWA-12
54-214
FNWA-12
54-215
FNWA-12
54-216
FNWA-13
55-217
FNWA-13
55-218
FNWA-13
55-219
FNWA-13
55-220
FNWA-14
56-221
FNWA-14
56-222
FNWA-14
56-223
FNWA-14
56-224
FOA-1
57-225
FOA-1
57-226
FOA-1
57-227
FOA-1
57-228
FOA-2
58-229
FOA-2
58-230
FOA-2
58-231
FOA-2
58-232
FOA-3
59-233
FOA-3
59-234
FOA-4
60-235
FOA-4
60-236
FOA-4
60-237
FOA-4
60-238
FOA-5
61-239
FOA-5
61-240
FOA-5
61-241
FOA-5
61-242
FNWA-15
62-243
FNWA-15
62-244
FNWA-15
62-245
FNWA-15
62-246
FNWA-16
63-247
FNWA-16
63-248
FNWA-16
63-249
FNWA-16
63-250
FNWA-17
64-251
FNWA-17
64-252
FNWA-17
64-253
FNWA-17
64-254
FNWA-18
65-255
FNWA-18
65-256
FNWA-18
65-257
FNWA-18
65-258
FNWA-18
65-259
FNWA-18
65-260
FNWA-19
66-261
FNWA-19
66-262
FNWA-19
66-263
FNWA-19
66-264
FNWA-19
66-265
FNWA-19
66-266
FNWA-20
66-267
FNWA-20
66-268
FNWA-20
66-269
FNWA-20
66-270
FNWA-20
66-271
FNWA-20
66-272

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt

City
Town #1

Address
965 East Robinson
Town #1

Town #1

1253 East Robinson


Town #1

Town #6

Hwy 412 Town #6


#2 East
Hwy 412 Town #6
#1 West
Hwy 412
Town #9
Missouri Line
Town #12, MO
808 S. Bloomington
Town #3

Town #6
Town #9
Town #12
Town #3

Town #6

Display
Type
B2B Tri-vision

Structure
Type
Monopole Steel

B2B Tri-vision

Monopole Steel

B2B Bulletin

Monopole Steel

Monopole Steel

B2B Bulletin

Monopole Steel

B2B Tri-vision

Monopole Steel

Monopole Steel
Monopole Steel

B2B - Stack

Monopole Steel

I-540 @
1039 Puppy Creek Rd. (South)
MM77.5

B2B - Stack

I-540 @
1039 Puppy Creek Rd. (North)
MM77.5

B2B - Stack

Town #2

301 N. Water Tower Rd.


I-540

B2B - Stack

Monopole Steel

Town #2

190 N. Water Tower Rd


I-540

B2B - Stack

Monopole Steel

Town #3

Town #7
Town #7

Town #10

Mile Marker 236.2


I-40
Mile Marker 236.1
I-40

Mile Marker 272


I-40

Structures
25
16
4
3
4
3
4
2
2
2

Butler / Till Media


Cavenders

900
850

1,000
Liberty Bank
Landers McLarty
Elk River Computers
Crye-Leike
Reiss Painting

750
600

Long John Silvers


Elk River Computers

800
600

Monopole Steel

American National

1,500
2,000

Monopole Steel

Omni-Doubletree
Crye-Leike (Bonus)
Local TV Ark.
Posterscope / Outback
Town #1 73 LLC
Omni Hospitality Mgmt.
Starbucks

2,500
2,000
2,250
2,050

Oak Tree Development

1,000

NWA Motorcycles
Stribling Packaging

2,500
2,000

4 Pole Steel

B2B - Stack

6 Pole Wood

B2B - Stack

Monopole Steel

Town #4

I-540 @
Town #4, AR

B2B - Stack

Monopole Steel

Town #4

I-540 @
Town #4, AR

B2B - Stack

Monopole Steel

Town #4

I-540 @
Town #4, AR

B2B - Stack

Monopole Steel

Town #1

I-540

B2B Tri-vision

Monopole Steel

Town #1

I-540

B2B Tri-vision

Monopole Steel

Town #1

I-540

B2B Tri-vision

Monopole Steel

% of Rev.
43.5%
28.7%
9.1%
6.1%
4.3%
1.5%
1.4%
1.3%
1.3%
1.2%

2,300
2,475

1,400
4,000

4,000
1,500
1,500
1,000

Single - Stack

Proj. Revenue
1,792,200
1,184,400
374,400
252,000
177,600
60,000
57,000
55,200
54,000
50,400

1,000
1,700
600
500
625

Crye-Leike
Ozark Realty

2,500

4,000

3,500

7,000

5,300

5,350

Petro / Outdoor Nation


Super 8 / Best Value
Love's
Love's

450
400
750

1,100

Luxury Inn
McDonald's

350
400

1,500

RAC / Memphis KOA


Petro / Outdoor Nation

% of Total
37.3%
23.9%
6.0%
4.5%
6.0%
4.5%
6.0%
3.0%
3.0%
3.0%

1,750

775

NW Health
Buick Pontiac GMC of Town #2
Town #2 Auto Group
Woodhouse Spa

Revenue by City - (R. Blue projected revenue @ 100% occupancy):


Town #1
Town #2
Town #3
Town #4
Town #5
Town #6
Town #7
Town #8
Town #9
Town #10

680

Buntin Group
B2B Bulletin

B2B Bulletin

Town #3

680

Cox

775

B2B Bulletin

Town #2

Rates per Target


Face
Location
750
3,450
650
750
500
800

B2B Bulletin

Hwy 412 @
Chamber Springs
I-540 @
Oaklawn Dr.
I-540 @
3800 NE A St.

Town #1

Client
Brookhaven Apts.
1st Security
NPC Pizza Hut
Crye-Leike
Legacy (Cooper Creat.)

550
550
2,000
2,000
1,500
1,500
2,000
2,000
1,500
1,500
2,000
2,000
1,500
1,500
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000

7,000

7,000

7,000

12,000

12,000

12,000

Months
Expiration
Remaining
12/31/07
10/31/08
4.1
01/31/08
06/30/08
04/30/08
12/31/07
07/31/08
1.0
10/31/08
4.1
03/31/10
21.3
02/28/08
08/31/08
2.1
07/31/08
1.0
06/30/08
03/31/08
06/30/08
05/31/08
12/31/09
18.3
11/30/09
17.3
10/31/07
06/30/08
06/30/08
08/31/08
2.1
01/15/09
6.6
10/31/08
4.1
03/31/08
09/30/09
15.2
11/30/09
17.3
06/30/10
24.3
06/15/08
04/30/08
12/31/07
06/30/08
06/30/09
12.2
02/28/08
09/30/10
27.4
09/30/10
27.4
02/28/09
8.1
10/31/07
07/31/09
13.2
10/31/08
4.1
-

Rate
750
750
750
750
750
750
750
750
750
750
750
750
900
900
900
900
800
800
1,700
600
750
750
750
750
750
750
800
600
2,200
2,500
1,500
1,500
1,000
1,000
1,800
1,800
2,000
2,000
2,500
2,500
2,500
2,000
2,250
2,200
1,500
1,500
2,200
2,200
1,500
1,500
450
400
375
375
350
350
400
400
550
550
2,000
2,000
1,500
1,500
2,000
2,000
1,500
1,500
2,000
2,000
1,500
1,500
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000

Incr. /
(Decr.)
0.0%
15.4%
0.0%
50.0%
(6.3%)
0.0%
0.0%
0.0%
0.0%
10.3%
0.0%
0.0%
0.0%
5.9%
0.0%
16.1%
0.0%
(20.0%)
0.0%
0.0%
50.0%
20.0%
0.0%
0.0%
25.0%
0.0%
0.0%
0.0%
0.0%
(37.5%)
0.0%
0.0%
0.0%
0.0%
20.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
7.3%
0.0%
50.0%
0.0%
(12.0%)
(25.0%)
0.0%
0.0%
0.0%
(50.0%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

Rate by
Location
Electricity
4,500
35

Monthly
250

Annual
3,000

Start
06/01/02

Site Lease
Yrs. Rem.
23.9

Lease Term

Lease Comments
30

4,500

35

250

3,000

06/01/02

23.9

30

1,800

75

400

4,800

06/01/02

23.9

30

1,800

75

400

4,800

06/01/02

23.9

30

1,600

60

300

3,600

12/01/01

23.4

30

2,300

100

192

2,304

01/01/02

3.5

10

4,500

35

200

2,400

06/01/02

33.9

40

1,400

75

250

3,000

05/01/03

34.8

40

4,700

50

700

8,400

05/01/07

38.8

5,000

125

Perm. Easement

7,600

100

Perm. Easement

9,500

100

Perm. Easement

7,450

90

333

3,996

07/01/06

38.0

40

7/1/2046

8,250

90

333

3,996

07/01/06

38.0

40

7/1/2046

40 % rev or $700

850

100

67

804

10/01/06

28.2

30

10/1/2036

1,450

100

71

852

06/01/06

17.9

20

6/1/2026

1,900

100

7,000

75

667

8,004

02/01/08

Exp. in 2107

7,000

75

667

8,004

02/01/08

Exp. in 2107

7,000

75

667

8,004

02/01/08

Exp. in 2107

12,000

75

Perm. Easement

12,000

75

Perm. Easement

12,000

75

Perm. Easement

Perm. Easement

Identification
Loc. Structure
Face
Town #11
Town #12
Total

1
1

1.5%
1.5%

Display
Type
36,000
27,600

Structure
Type
0.9%
0.7%

67

100.0%

4,120,800

100.0%

Status

City

Address

Client

Rates per Target


Face
Location

Expiration

Months
Remaining

Rate

Incr. /
(Decr.)

Rate by
Location

Electricity

Monthly

Annual

Start

Site Lease
Yrs. Rem.

Lease Term

Lease Comments

Target Media Revenue Projection Detail

Occupancy
Year 1
Year 2
Year 3
Year 4
66%
66%
66%
66%
Rate Growth
Year 1
Year 2
Year 3
Year 4
Year 5 & Beyond
N/A
5%
5%
5%
5%

Identification
Location Structure Face
1
FM-1
1-1
1
FM-1
1-2
1
FM-1
1-3
1
FM-1
1-4
2
FM-2
2-5
2
FM-2
2-6
2
FM-2
2-7
2
FM-2
2-8
2
FM-2
2-9
2
FM-2
2-10
3
FM-3
3-11
3
FM-3
3-12
3
FM-3
3-13
3
FM-3
3-14
4
FM-4
4-15
4
FM-4
4-16
4
FM-4
4-17
4
FM-4
4-18
5
FM-5
5-19
5
FM-5
5-20
5
FM-5
5-21
5
FM-5
5-22
6
FM-6
6-23
6
FM-6
6-24
6
FM-6
6-25
6
FM-6
6-26

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

Year 1
1
2
3
4
5
6
7
8
9
6/30/2008 07/31/08 08/31/08 09/30/08 10/31/08
11/30/08 12/31/08 01/31/09 02/28/09
500 $
500 $
493 $
493 $
493 $
493 $
493 $
493 $
493
493
493
493
493
493
493
493
493
493
493
493
493
493
493
493
493
493
493
730
730
493
493
493
493
493
493
493
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
821
821
821
821
821
821
821
821
821
821
821
821
821
821
821
821
821
821
821
821
821
821
821
821
821
821
821
3,942
3,942
3,942
3,942
3,942
3,942
3,942
3,942
3,942
3,942
3,942
3,942
3,942
3,942
3,942
3,942
3,942
3,942
5,000
5,000
5,000
5,000
5,000
5,000
3,942
3,942
3,942
3,942
3,942
3,942
3,942
3,942
3,942
3,942
3,942
3,942
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
2,000
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,643
1,643
1,643
1,643
1,643
1,643
1,643
1,643
1,643
2,500
2,500
2,500
2,500
2,500
2,500
1,643
1,643
1,643
2,000
2,000
2,000
2,000
2,000
2,000
1,643
1,643
1,643
1,643
1,643
1,643
1,643
1,643
1,643
1,643
1,643
1,643

Identification
Location Structure Face
7
FM-7
7-27
7
FM-7
7-28
7
FM-7
7-29
7
FM-7
7-30
8
FM-8
8-31
8
FM-8
8-32
9
FM-9
9-33
9
FM-9
9-34
9
FM-9
9-35
9
FM-9
9-36
10
FM-10
10-37
10
FM-10
10-38
10
FM-10
10-39
10
FM-10
10-40
11
FM-CAV1 11-41
11
FM-CAV1 11-42
11
FM-CAV1 11-43
11
FM-CAV1 11-44
11
FM-CAV1 11-45
11
FM-CAV1 11-46
12
L-1
12-47
12
L-1
12-48
12
L-1
12-49
12
L-1
12-50
13
L-2
13-51
13
L-2
13-52
13
L-2
13-53
13
L-2
13-54
14
L-3
14-55
14
L-3
14-56
14
L-3
14-57
14
L-3
14-58
15
L-4
15-59
15
L-4
15-60
15
L-4
15-61
15
L-4
15-62
16
L-5
16-63
16
L-5
16-64
16
L-5
16-65

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

1
6/30/2008
1,643
1,643
1,643
1,643
279
279
263
263
263
263
738
775
263
263
821
821
821
821
1,250
821
493
493
493
800
493
493
493
493
329
329
329
329
329
329
329
329
427
427
427

2
07/31/08
1,643
1,643
1,643
1,643
279
279
263
263
263
263
738
775
263
263
821
821
821
821
1,250
821
493
493
493
800
493
493
493
493
329
329
329
329
329
329
329
329
427
427
427

3
08/31/08
1,643
1,643
1,643
1,643
279
279
263
263
263
263
738
775
263
263
821
821
821
821
1,250
821
493
493
493
800
493
493
493
493
329
329
329
329
329
329
329
329
427
427
427

4
09/30/08
1,643
1,643
1,643
1,643
279
279
263
263
263
263
738
775
263
263
821
821
821
821
1,250
821
493
493
493
800
493
493
493
493
329
329
329
329
329
329
329
329
427
427
427

5
10/31/08
1,643
1,643
1,643
1,643
279
279
263
263
263
263
738
775
263
263
821
821
821
821
1,250
821
493
493
493
493
493
493
493
493
329
329
329
329
329
329
329
329
427
427
427

Year 1
6
11/30/08
1,643
1,643
1,643
1,643
279
279
263
263
263
263
738
775
263
263
821
821
821
821
1,250
821
493
493
493
493
493
493
493
493
329
329
329
329
329
329
329
329
427
427
427

7
12/31/08
1,643
1,643
1,643
1,643
279
279
263
263
263
263
738
493
263
263
821
821
821
821
1,250
821
493
493
493
493
493
493
493
493
329
329
329
329
329
329
329
329
427
427
427

8
01/31/09
1,643
1,643
1,643
1,643
279
279
263
263
263
263
738
493
263
263
821
821
821
821
1,250
821
493
493
493
493
493
493
493
493
329
329
329
329
329
329
329
329
427
427
427

9
02/28/09
1,643
1,643
1,643
1,643
279
279
263
263
263
263
738
493
263
263
821
821
821
821
1,250
821
493
493
493
493
493
493
493
493
329
329
329
329
329
329
329
329
427
427
427

Identification
Location Structure Face
16
L-5
16-66
17
L-6
17-67
17
L-6
17-68
17
L-6
17-69
17
L-6
17-70
18
L-7
18-71
18
L-7
18-72
18
L-7
18-73
18
L-7
18-74
19
L-8
19-75
19
L-8
19-76
19
L-8
19-77
19
L-8
19-78
20
L-9
20-79
20
L-9
20-80
20
L-9
20-81
20
L-9
20-82
21
L-10
21-83
21
L-10
21-84
21
L-10
21-85
21
L-10
21-86
22
L-11
22-87
22
L-11
22-88
22
L-11
22-89
22
L-11
22-90
23
L-12
23-91
23
L-12
23-92
23
L-12
23-93
23
L-12
23-94
24
L-13
24-95
24
L-13
24-96
24
L-13
24-97
24
L-13
24-98
25
L-14
25-99
25
L-14
25-100
25
L-14
25-101
25
L-14
25-102

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

1
6/30/2008
427
493
493
493
1,150
526
633
394
394
723
850
591
591
1,500
600
526
821
821
821
1,183
1,000
657
526
526
657
657
526
526
657
657
526
526
657
657
800
800

2
07/31/08
427
493
493
493
1,150
526
633
394
394
723
850
591
591
657
600
526
821
821
821
1,183
1,000
657
526
526
657
657
526
526
657
657
526
526
657
657
800
800

3
08/31/08
427
493
493
493
1,150
526
633
394
394
723
850
591
591
657
600
526
821
821
821
1,183
657
657
526
526
657
657
526
526
657
657
526
526
657
657
800
800

4
09/30/08
427
493
493
493
1,150
526
633
394
394
723
850
591
591
657
600
526
821
821
821
1,183
657
657
526
526
657
657
526
526
657
657
526
526
657
657
800
800

5
10/31/08
427
493
493
493
1,150
526
526
394
394
723
850
591
591
657
657
600
526
821
821
821
1,183
657
657
526
526
657
657
526
526
657
657
526
526
657
657
800
800

Year 1
6
11/30/08
427
493
493
493
1,150
526
526
394
394
723
850
591
591
657
657
600
526
821
821
821
1,183
657
657
526
526
657
657
526
526
657
657
526
526
657
657
800
800

7
12/31/08
427
493
493
493
1,150
526
526
394
394
723
850
591
591
657
657
600
526
821
821
821
1,183
657
657
526
526
657
657
526
526
657
657
526
526
657
657
800
800

8
01/31/09
427
493
493
493
1,150
526
526
394
394
723
850
591
591
657
657
600
526
821
821
821
1,183
657
657
526
526
657
657
526
526
657
657
526
526
657
657
800
800

9
02/28/09
427
493
493
493
1,150
526
526
394
394
723
850
591
591
657
657
600
526
821
821
821
1,183
657
657
526
526
657
657
526
526
657
657
526
526
657
657
800
800

Identification
Location Structure Face
26
L-15
26-103
26
L-15
26-104
26
L-15
26-105
26
L-15
26-106
26
L-15
26-107
26
L-15
26-108
27
L-16
27-109
27
L-16
27-110
27
L-16
27-111
27
L-16
27-112
28
L-17
28-113
28
L-17
28-114
28
L-17
28-115
28
L-17
28-116
28
L-17
28-117
28
L-17
28-118
29
L-18
29-119
29
L-18
29-120
29
L-18
29-121
29
L-18
29-122
30
L-19
30-123
30
L-19
30-124
30
L-19
30-125
30
L-19
30-126
30
L-19
30-127
30
L-19
30-128
31
L-20
31-129
31
L-20
31-130
31
L-20
31-131
31
L-20
31-132
32
L-21
32-133
32
L-21
32-134
33
L-22
33-135
33
L-22
33-136
33
L-22
33-137
33
L-22
33-138
34
L-23
34-139
34
L-23
34-140
35
L-24
35-141

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

1
6/30/2008
723
1,250
723
723
700
723
1,314
821
821
821
1,250
821
1,250
821
821
821
526
633
850
750
526
650
526
526
526
460
460
394
394
2,500
1,445
3,000
986
986
1,445
3,000
1,445
986

2
07/31/08
723
723
723
723
700
723
1,314
821
821
821
1,250
821
1,250
821
821
821
526
633
850
750
526
650
526
526
526
460
460
394
394
2,500
1,445
3,000
986
986
1,445
1,314
1,445
986

3
08/31/08
723
723
723
723
700
723
1,314
821
821
821
1,250
821
1,250
821
821
821
526
633
526
750
526
650
526
526
526
460
460
394
394
2,500
1,445
3,000
986
986
1,445
1,314
1,445
986

4
09/30/08
723
723
723
723
700
723
1,314
821
821
821
1,250
821
1,250
821
821
821
526
633
526
750
526
650
526
526
526
526
460
460
394
394
1,314
1,445
3,000
986
986
1,445
1,314
1,445
986

5
10/31/08
723
723
723
723
700
723
1,314
821
821
821
1,250
821
1,250
821
821
821
526
526
526
750
526
526
526
526
526
526
460
460
394
394
1,314
1,445
986
986
986
1,445
1,314
1,445
986

Year 1
6
11/30/08
723
723
723
723
700
723
1,314
821
821
821
821
821
1,250
821
821
821
526
526
526
526
526
526
526
526
526
526
460
460
394
394
1,314
1,445
986
986
986
1,445
1,314
1,445
986

7
12/31/08
723
723
723
723
700
723
1,314
821
821
821
821
821
1,250
821
821
821
526
526
526
526
526
526
526
526
526
526
460
460
394
394
1,314
1,445
986
986
986
1,445
1,314
1,445
986

8
01/31/09
723
723
723
723
700
723
1,314
821
821
821
821
821
1,250
821
821
821
526
526
526
526
526
526
526
526
526
526
460
460
394
394
1,314
1,445
986
986
986
1,445
1,314
1,445
986

9
02/28/09
723
723
723
723
700
723
1,314
821
821
821
821
821
1,250
821
821
821
526
526
526
526
526
526
526
526
526
526
460
460
394
394
1,314
1,445
986
986
986
1,445
1,314
1,445
986

Identification
Location Structure Face
35
L-24
35-142
35
L-24
35-143
35
L-24
35-144
36
L-25
36-145
36
L-25
36-146
36
L-25
36-147
36
L-25
36-148
37
L-26
37-149
37
L-26
37-150
38
K-10
38-151
38
K-10
38-152
39
K-20
39-153
39
K-20
39-154
39
K-20
39-155
39
K-20
39-156
40
K-30
40-157
40
K-30
40-158
40
K-30
40-159
40
K-30
40-160

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

1
6/30/2008
986
2,000
3,500
1,643
1,500
1,500
1,500
1,000
750
558
558
1,250
1,250
903
903
1,183
1,183
1,971
1,971

2
07/31/08
986
2,000
3,500
1,643
1,500
1,500
1,500
1,000
750
558
558
1,250
1,250
903
903
1,183
1,183
1,971
1,971

3
08/31/08
986
2,000
1,643
1,643
1,500
1,500
1,500
1,000
750
558
558
1,250
1,250
903
903
1,183
1,183
1,971
1,971

4
09/30/08
986
986
1,643
1,643
986
1,500
1,500
1,000
493
558
558
1,250
1,250
903
903
1,183
1,183
1,971
1,971

5
10/31/08
986
986
1,643
1,643
986
1,500
1,500
657
493
558
558
1,250
1,250
903
903
1,183
1,183
1,971
1,971

Year 1
6
11/30/08
986
986
1,643
1,643
986
1,500
1,500
657
493
558
558
1,250
1,250
903
903
1,183
1,183
1,971
1,971

7
12/31/08
986
986
1,643
1,643
986
1,500
1,500
657
493
558
558
1,250
1,250
903
903
1,183
1,183
1,971
1,971

8
01/31/09
986
986
1,643
1,643
986
1,500
1,500
657
493
558
558
1,250
1,250
903
903
1,183
1,183
1,971
1,971

9
02/28/09
986
986
1,643
1,643
986
1,500
1,500
657
493
558
558
1,250
1,250
903
903
1,183
1,183
1,971
1,971

Identification
Location Structure Face
41
K-40
41-161
41
K-40
41-162
41
K-40
41-163
41
K-40
41-164
41
K-40
41-165
41
K-40
41-166
42
K-50
42-167
42
K-50
42-168
42
K-50
42-169
42
K-50
42-170
43
FNWA-1 43-171
43
FNWA-1 43-172
43
FNWA-1 43-173
43
FNWA-1 43-174
43
FNWA-1 43-175
43
FNWA-1 43-176
44
FNWA-2 44-177
44
FNWA-2 44-178
44
FNWA-2 44-179
44
FNWA-2 44-180
44
FNWA-2 44-181
44
FNWA-2 44-182
45
FNWA-3 45-183
45
FNWA-3 45-184
45
FNWA-3 45-185
45
FNWA-3 45-186
45
FNWA-3 45-187
45
FNWA-3 45-188
46
FNWA-4 46-189
46
FNWA-4 46-190
46
FNWA-4 46-191
46
FNWA-4 46-192
46
FNWA-4 46-193
46
FNWA-4 46-194
47
FNWA-5 47-195
47
FNWA-5 47-196
48
FNWA-6 48-197
48
FNWA-6 48-198
49
FNWA-7 49-199

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

1
6/30/2008
526
526
526
526
750
526
650
750
493
634
650
526
526
526
526
526
460
460
460
460
460
460
493
650
493
493
493
493
493
493
493
493
493
493
900
850
591
775
526

2
07/31/08
526
526
526
526
526
526
650
750
493
634
650
526
526
526
526
526
460
460
460
460
460
460
493
650
493
493
493
493
493
493
493
493
493
493
591
850
591
775
526

3
08/31/08
526
526
526
526
526
526
650
750
493
634
650
526
526
526
526
526
460
460
460
460
460
460
493
650
493
493
493
493
493
493
493
493
493
493
591
850
591
775
526

4
09/30/08
526
526
526
526
526
526
650
750
493
634
650
526
526
526
526
526
460
460
460
460
460
460
493
650
493
493
493
493
493
493
493
493
493
493
591
850
591
775
526

5
10/31/08
526
526
526
526
526
526
650
493
493
493
526
526
526
526
526
526
460
460
460
460
460
460
493
493
493
493
493
493
493
493
493
493
493
493
591
591
591
775
526

Year 1
6
11/30/08
526
526
526
526
526
526
650
493
493
493
526
526
526
526
526
526
460
460
460
460
460
460
493
493
493
493
493
493
493
493
493
493
493
493
591
591
591
775
526

7
12/31/08
526
526
526
526
526
526
650
493
493
493
526
526
526
526
526
526
460
460
460
460
460
460
493
493
493
493
493
493
493
493
493
493
493
493
591
591
591
775
526

8
01/31/09
526
526
526
526
526
526
650
493
493
493
526
526
526
526
526
526
460
460
460
460
460
460
493
493
493
493
493
493
493
493
493
493
493
493
591
591
591
775
526

9
02/28/09
526
526
526
526
526
526
650
493
493
493
526
526
526
526
526
526
460
460
460
460
460
460
493
493
493
493
493
493
493
493
493
493
493
493
591
591
591
775
526

Identification
Location Structure Face
49
FNWA-7 49-200
50
FNWA-8 50-201
50
FNWA-8 50-202
51
FNWA-9 51-203
51
FNWA-9 51-204
51
FNWA-9 51-205
51
FNWA-9 51-206
51
FNWA-9 51-207
51
FNWA-9 51-208
52
FNWA-10 52-209
52
FNWA-10 52-210
53
FNWA-11 53-211
53
FNWA-11 53-212
54
FNWA-12 54-213
54
FNWA-12 54-214
54
FNWA-12 54-215
54
FNWA-12 54-216
55
FNWA-13 55-217
55
FNWA-13 55-218
55
FNWA-13 55-219
55
FNWA-13 55-220

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

1
6/30/2008
526
1,700
600
493
493
493
493
493
493
800
600
1,445
1,643
986
986
1,000
657
1,500
1,183
2,000
1,314

2
07/31/08
526
1,700
394
493
493
493
493
493
493
800
600
1,445
1,643
986
986
1,000
657
1,500
1,183
2,000
1,314

3
08/31/08
526
1,117
394
493
493
493
493
493
493
800
600
1,445
1,643
986
986
657
657
1,500
1,183
2,000
1,314

4
09/30/08
526
1,117
394
493
493
493
493
493
493
800
600
1,445
1,643
986
986
657
657
1,500
1,183
2,000
1,314

5
10/31/08
526
1,117
394
493
493
493
493
493
493
800
600
1,445
1,643
986
986
657
657
1,500
1,183
1,314
1,314

Year 1
6
11/30/08
526
1,117
394
493
493
493
493
493
493
800
600
1,445
1,643
986
986
657
657
1,500
1,183
1,314
1,314

7
12/31/08
526
1,117
394
493
493
493
493
493
493
800
600
1,445
1,643
986
986
657
657
1,183
1,183
1,314
1,314

8
01/31/09
526
1,117
394
493
493
493
493
493
493
800
600
1,445
1,643
986
986
657
657
1,183
1,183
1,314
1,314

9
02/28/09
526
1,117
394
493
493
493
493
493
493
800
600
1,445
1,643
986
986
657
657
1,183
1,183
1,314
1,314

Identification
Location Structure Face
56
FNWA-14 56-221
56
FNWA-14 56-222
56
FNWA-14 56-223
56
FNWA-14 56-224
57
FOA-1
57-225
57
FOA-1
57-226
57
FOA-1
57-227
57
FOA-1
57-228
58
FOA-2
58-229
58
FOA-2
58-230
58
FOA-2
58-231
58
FOA-2
58-232
59
FOA-3
59-233
59
FOA-3
59-234
60
FOA-4
60-235
60
FOA-4
60-236
60
FOA-4
60-237
60
FOA-4
60-238
61
FOA-5
61-239
61
FOA-5
61-240
61
FOA-5
61-241
61
FOA-5
61-242
62
FNWA-15 62-243
62
FNWA-15 62-244
62
FNWA-15 62-245
62
FNWA-15 62-246
63
FNWA-16 63-247
63
FNWA-16 63-248
63
FNWA-16 63-249
63
FNWA-16 63-250
64
FNWA-17 64-251
64
FNWA-17 64-252
64
FNWA-17 64-253
64
FNWA-17 64-254
65
FNWA-18 65-255
65
FNWA-18 65-256
65
FNWA-18 65-257
65
FNWA-18 65-258
65
FNWA-18 65-259

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt

1
6/30/2008
1,643
1,643
2,500
2,000
2,250
1,445
986
986
1,445
1,445
986
986
450
263
750
230
350
263
263
550
550
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
1,314
1,314
1,314

2
07/31/08
1,643
1,643
2,500
2,000
2,250
1,445
986
986
1,445
1,445
986
986
450
263
750
230
350
263
263
550
550
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
1,314
1,314
1,314

3
08/31/08
1,643
1,643
2,500
2,000
2,250
1,445
986
986
1,445
1,445
986
986
450
263
750
230
350
263
263
550
550
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
1,314
1,314
1,314

4
09/30/08
1,643
1,643
2,500
2,000
2,250
1,445
986
986
1,445
1,445
986
986
450
263
750
230
350
263
263
550
550
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
1,314
1,314
1,314

5
10/31/08
1,643
1,643
2,500
2,000
2,250
1,445
986
986
1,445
1,445
986
986
450
263
750
230
350
263
263
550
361
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
1,314
1,314
1,314

Year 1
6
11/30/08
1,643
1,643
2,500
2,000
2,250
1,445
986
986
1,445
1,445
986
986
450
263
750
230
350
263
263
550
361
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
1,314
1,314
1,314

7
12/31/08
1,643
1,643
2,500
2,000
2,250
1,445
986
986
1,445
1,445
986
986
450
263
750
230
350
263
263
550
361
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
1,314
1,314
1,314

8
01/31/09
1,643
1,643
2,500
2,000
2,250
1,445
986
986
1,445
1,445
986
986
450
263
750
230
350
263
263
550
361
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
1,314
1,314
1,314

9
02/28/09
1,643
1,643
2,500
2,000
2,250
1,445
986
986
1,445
1,445
986
986
450
263
750
230
230
263
263
550
361
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
1,314
1,314
1,314

Identification
Location Structure Face
65
FNWA-18 65-260
66
FNWA-19 66-261
66
FNWA-19 66-262
66
FNWA-19 66-263
66
FNWA-19 66-264
66
FNWA-19 66-265
66
FNWA-19 66-266
67
FNWA-20 66-267
67
FNWA-20 66-268
67
FNWA-20 66-269
67
FNWA-20 66-270
67
FNWA-20 66-271
67
FNWA-20 66-272

1
6/30/2008
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314

Status
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
$

2
07/31/08
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314

3
08/31/08
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314

4
09/30/08
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314

5
10/31/08
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314

Year 1
6
11/30/08
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314

7
12/31/08
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314

8
01/31/09
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314

9
02/28/09
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314

251,800 $ 247,187 $ 243,492 $ 241,045 $ 236,885 $ 236,232 $ 233,360 $ 233,360 $ 233,240


1
2
3
4
5
6
7
8
9

Target Media Revenue Projection Detail

Occupancy
Year 1
Year 2
Year 3
Year 4
66%
66%
66%
66%
Rate Growth
Year 1
Year 2
Year 3
Year 4
N/A
5%
5%
5%

Year 1
Identification
Location Structure Face
1
FM-1
1-1
1
FM-1
1-2
1
FM-1
1-3
1
FM-1
1-4
2
FM-2
2-5
2
FM-2
2-6
2
FM-2
2-7
2
FM-2
2-8
2
FM-2
2-9
2
FM-2
2-10
3
FM-3
3-11
3
FM-3
3-12
3
FM-3
3-13
3
FM-3
3-14
4
FM-4
4-15
4
FM-4
4-16
4
FM-4
4-17
4
FM-4
4-18
5
FM-5
5-19
5
FM-5
5-20
5
FM-5
5-21
5
FM-5
5-22
6
FM-6
6-23
6
FM-6
6-24
6
FM-6
6-25
6
FM-6
6-26

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

10
11
12
03/31/09 04/30/09 05/31/09
$
493 $
493 $
493
493
493
493
493
493
493
493
493
493
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
526
1,183
1,183
1,183
821
821
821
821
821
821
821
821
821
3,942
3,942
3,942
3,942
3,942
3,942
3,942
3,942
3,942
3,942
3,942
3,942
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,183
1,643
1,643
1,643
1,643
1,643
1,643
1,643
1,643
1,643
1,643
1,643
1,643

Year 1
Identification
Location Structure Face
7
FM-7
7-27
7
FM-7
7-28
7
FM-7
7-29
7
FM-7
7-30
8
FM-8
8-31
8
FM-8
8-32
9
FM-9
9-33
9
FM-9
9-34
9
FM-9
9-35
9
FM-9
9-36
10
FM-10
10-37
10
FM-10
10-38
10
FM-10
10-39
10
FM-10
10-40
11
FM-CAV1 11-41
11
FM-CAV1 11-42
11
FM-CAV1 11-43
11
FM-CAV1 11-44
11
FM-CAV1 11-45
11
FM-CAV1 11-46
12
L-1
12-47
12
L-1
12-48
12
L-1
12-49
12
L-1
12-50
13
L-2
13-51
13
L-2
13-52
13
L-2
13-53
13
L-2
13-54
14
L-3
14-55
14
L-3
14-56
14
L-3
14-57
14
L-3
14-58
15
L-4
15-59
15
L-4
15-60
15
L-4
15-61
15
L-4
15-62
16
L-5
16-63
16
L-5
16-64
16
L-5
16-65

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

10
03/31/09
1,643
1,643
1,643
1,643
279
279
263
263
263
263
738
493
263
263
821
821
821
821
1,250
821
493
493
493
493
493
493
493
493
329
329
329
329
329
329
329
329
427
427
427

11
04/30/09
1,643
1,643
1,643
1,643
279
279
263
263
263
263
738
493
263
263
821
821
821
821
1,250
821
493
493
493
493
493
493
493
493
329
329
329
329
329
329
329
329
427
427
427

12
05/31/09
1,643
1,643
1,643
1,643
279
279
263
263
263
263
738
493
263
263
821
821
821
821
1,250
821
493
493
493
493
493
493
493
493
329
329
329
329
329
329
329
329
427
427
427

Year 1
Identification
Location Structure Face
16
L-5
16-66
17
L-6
17-67
17
L-6
17-68
17
L-6
17-69
17
L-6
17-70
18
L-7
18-71
18
L-7
18-72
18
L-7
18-73
18
L-7
18-74
19
L-8
19-75
19
L-8
19-76
19
L-8
19-77
19
L-8
19-78
20
L-9
20-79
20
L-9
20-80
20
L-9
20-81
20
L-9
20-82
21
L-10
21-83
21
L-10
21-84
21
L-10
21-85
21
L-10
21-86
22
L-11
22-87
22
L-11
22-88
22
L-11
22-89
22
L-11
22-90
23
L-12
23-91
23
L-12
23-92
23
L-12
23-93
23
L-12
23-94
24
L-13
24-95
24
L-13
24-96
24
L-13
24-97
24
L-13
24-98
25
L-14
25-99
25
L-14
25-100
25
L-14
25-101
25
L-14
25-102

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

10
03/31/09
427
493
493
493
1,150
526
526
394
394
723
850
591
591
657
657
600
526
821
821
821
1,183
657
657
526
526
657
657
526
526
657
657
526
526
657
657
800
800

11
04/30/09
427
493
493
493
1,150
526
526
394
394
723
723
591
591
657
657
600
526
821
821
821
1,183
657
657
526
526
657
657
526
526
657
657
526
526
657
657
800
800

12
05/31/09
427
493
493
493
1,150
526
526
394
394
723
723
591
591
657
657
600
526
821
821
821
1,183
657
657
526
526
657
657
526
526
657
657
526
526
657
657
800
526

Year 1
Identification
Location Structure Face
26
L-15
26-103
26
L-15
26-104
26
L-15
26-105
26
L-15
26-106
26
L-15
26-107
26
L-15
26-108
27
L-16
27-109
27
L-16
27-110
27
L-16
27-111
27
L-16
27-112
28
L-17
28-113
28
L-17
28-114
28
L-17
28-115
28
L-17
28-116
28
L-17
28-117
28
L-17
28-118
29
L-18
29-119
29
L-18
29-120
29
L-18
29-121
29
L-18
29-122
30
L-19
30-123
30
L-19
30-124
30
L-19
30-125
30
L-19
30-126
30
L-19
30-127
30
L-19
30-128
31
L-20
31-129
31
L-20
31-130
31
L-20
31-131
31
L-20
31-132
32
L-21
32-133
32
L-21
32-134
33
L-22
33-135
33
L-22
33-136
33
L-22
33-137
33
L-22
33-138
34
L-23
34-139
34
L-23
34-140
35
L-24
35-141

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

10
03/31/09
723
723
723
723
700
723
1,314
821
821
821
821
821
1,250
821
821
821
526
526
526
526
526
526
526
526
526
526
460
460
394
394
1,314
1,445
986
986
986
1,445
1,314
1,445
986

11
04/30/09
723
723
723
723
700
723
1,314
821
821
821
821
821
1,250
821
821
821
526
526
526
526
526
526
526
526
526
526
460
460
394
394
1,314
1,445
986
986
986
1,445
1,314
1,445
986

12
05/31/09
723
723
723
723
700
723
1,314
821
821
821
821
821
1,250
821
821
821
526
526
526
526
526
526
526
526
526
526
460
460
394
394
1,314
1,445
986
986
986
1,445
1,314
1,445
986

Year 1
Identification
Location Structure Face
35
L-24
35-142
35
L-24
35-143
35
L-24
35-144
36
L-25
36-145
36
L-25
36-146
36
L-25
36-147
36
L-25
36-148
37
L-26
37-149
37
L-26
37-150
38
K-10
38-151
38
K-10
38-152
39
K-20
39-153
39
K-20
39-154
39
K-20
39-155
39
K-20
39-156
40
K-30
40-157
40
K-30
40-158
40
K-30
40-159
40
K-30
40-160

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

10
03/31/09
986
986
1,643
1,643
986
1,500
1,500
657
493
558
558
1,250
1,250
903
903
1,183
1,183
1,971
1,971

11
04/30/09
986
986
1,643
1,643
986
1,500
1,500
657
493
558
558
821
821
903
903
1,183
1,183
1,971
1,971

12
05/31/09
986
986
1,643
1,643
986
1,500
1,500
657
493
558
558
821
821
903
903
1,183
1,183
1,971
1,971

Year 1
Identification
Location Structure Face
41
K-40
41-161
41
K-40
41-162
41
K-40
41-163
41
K-40
41-164
41
K-40
41-165
41
K-40
41-166
42
K-50
42-167
42
K-50
42-168
42
K-50
42-169
42
K-50
42-170
43
FNWA-1 43-171
43
FNWA-1 43-172
43
FNWA-1 43-173
43
FNWA-1 43-174
43
FNWA-1 43-175
43
FNWA-1 43-176
44
FNWA-2 44-177
44
FNWA-2 44-178
44
FNWA-2 44-179
44
FNWA-2 44-180
44
FNWA-2 44-181
44
FNWA-2 44-182
45
FNWA-3 45-183
45
FNWA-3 45-184
45
FNWA-3 45-185
45
FNWA-3 45-186
45
FNWA-3 45-187
45
FNWA-3 45-188
46
FNWA-4 46-189
46
FNWA-4 46-190
46
FNWA-4 46-191
46
FNWA-4 46-192
46
FNWA-4 46-193
46
FNWA-4 46-194
47
FNWA-5 47-195
47
FNWA-5 47-196
48
FNWA-6 48-197
48
FNWA-6 48-198
49
FNWA-7 49-199

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

10
03/31/09
526
526
526
526
526
526
650
493
493
493
526
526
526
526
526
526
460
460
460
460
460
460
493
493
493
493
493
493
493
493
493
493
493
493
591
591
591
775
526

11
04/30/09
526
526
526
526
526
526
650
493
493
493
526
526
526
526
526
526
460
460
460
460
460
460
493
493
493
493
493
493
493
493
493
493
493
493
591
591
591
775
526

12
05/31/09
526
526
526
526
526
526
650
493
493
493
526
526
526
526
526
526
460
460
460
460
460
460
493
493
493
493
493
493
493
493
493
493
493
493
591
591
591
775
526

Year 1
Identification
Location Structure Face
49
FNWA-7 49-200
50
FNWA-8 50-201
50
FNWA-8 50-202
51
FNWA-9 51-203
51
FNWA-9 51-204
51
FNWA-9 51-205
51
FNWA-9 51-206
51
FNWA-9 51-207
51
FNWA-9 51-208
52
FNWA-10 52-209
52
FNWA-10 52-210
53
FNWA-11 53-211
53
FNWA-11 53-212
54
FNWA-12 54-213
54
FNWA-12 54-214
54
FNWA-12 54-215
54
FNWA-12 54-216
55
FNWA-13 55-217
55
FNWA-13 55-218
55
FNWA-13 55-219
55
FNWA-13 55-220

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

10
03/31/09
526
1,117
394
493
493
493
493
493
493
800
600
1,445
1,643
986
986
657
657
1,183
1,183
1,314
1,314

11
04/30/09
526
1,117
394
493
493
493
493
493
493
800
600
1,445
1,643
986
986
657
657
1,183
1,183
1,314
1,314

12
05/31/09
526
1,117
394
493
493
493
493
493
493
800
600
1,445
1,643
986
986
657
657
1,183
1,183
1,314
1,314

Year 1
Identification
Location Structure Face
56
FNWA-14 56-221
56
FNWA-14 56-222
56
FNWA-14 56-223
56
FNWA-14 56-224
57
FOA-1
57-225
57
FOA-1
57-226
57
FOA-1
57-227
57
FOA-1
57-228
58
FOA-2
58-229
58
FOA-2
58-230
58
FOA-2
58-231
58
FOA-2
58-232
59
FOA-3
59-233
59
FOA-3
59-234
60
FOA-4
60-235
60
FOA-4
60-236
60
FOA-4
60-237
60
FOA-4
60-238
61
FOA-5
61-239
61
FOA-5
61-240
61
FOA-5
61-241
61
FOA-5
61-242
62
FNWA-15 62-243
62
FNWA-15 62-244
62
FNWA-15 62-245
62
FNWA-15 62-246
63
FNWA-16 63-247
63
FNWA-16 63-248
63
FNWA-16 63-249
63
FNWA-16 63-250
64
FNWA-17 64-251
64
FNWA-17 64-252
64
FNWA-17 64-253
64
FNWA-17 64-254
65
FNWA-18 65-255
65
FNWA-18 65-256
65
FNWA-18 65-257
65
FNWA-18 65-258
65
FNWA-18 65-259

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt

10
03/31/09
1,643
1,643
2,500
2,000
2,250
1,445
986
986
1,445
1,445
986
986
450
263
750
230
230
263
263
550
361
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
1,314
1,314
1,314

11
04/30/09
1,643
1,643
2,500
2,000
2,250
1,445
986
986
1,445
1,445
986
986
450
263
750
230
230
263
263
550
361
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
1,314
1,314
1,314

12
05/31/09
1,643
1,643
2,500
2,000
2,250
1,445
986
986
1,445
1,445
986
986
450
263
750
230
230
263
263
550
361
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
986
986
1,314
1,314
1,314
1,314
1,314

Year 1
Identification
Location Structure Face
65
FNWA-18 65-260
66
FNWA-19 66-261
66
FNWA-19 66-262
66
FNWA-19 66-263
66
FNWA-19 66-264
66
FNWA-19 66-265
66
FNWA-19 66-266
67
FNWA-20 66-267
67
FNWA-20 66-268
67
FNWA-20 66-269
67
FNWA-20 66-270
67
FNWA-20 66-271
67
FNWA-20 66-272

Status
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt

10
03/31/09
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314

11
04/30/09
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314

12
05/31/09
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314
1,314

$ 233,240 $ 232,255 $ 231,981


10
11
12

Target Media Revenue Projection Detail

Occupancy
Year 1
Year 2
Year 3
Year 4
66%
66%
66%
66%
Rate Growth
Year 1
Year 2
Year 3
Year 4
N/A
5%
5%
5%

Identification
Location Structure Face
1
FM-1
1-1
1
FM-1
1-2
1
FM-1
1-3
1
FM-1
1-4
2
FM-2
2-5
2
FM-2
2-6
2
FM-2
2-7
2
FM-2
2-8
2
FM-2
2-9
2
FM-2
2-10
3
FM-3
3-11
3
FM-3
3-12
3
FM-3
3-13
3
FM-3
3-14
4
FM-4
4-15
4
FM-4
4-16
4
FM-4
4-17
4
FM-4
4-18
5
FM-5
5-19
5
FM-5
5-20
5
FM-5
5-21
5
FM-5
5-22
6
FM-6
6-23
6
FM-6
6-24
6
FM-6
6-25
6
FM-6
6-26

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

Year 2
13
14
15
16
17
18
19
20
21
06/30/09 07/31/09 08/31/09 09/30/09 10/31/09
11/30/09 12/31/09 01/31/10 02/28/10
$
517 $
517 $
517 $
517 $
517 $
517 $
517 $
517 $
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
862
862
862
862
862
862
862
862
862
862
862
862
862
862
862
862
862
862
862
862
862
862
862
862
862
862
862
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725

Identification
Location Structure Face
7
FM-7
7-27
7
FM-7
7-28
7
FM-7
7-29
7
FM-7
7-30
8
FM-8
8-31
8
FM-8
8-32
9
FM-9
9-33
9
FM-9
9-34
9
FM-9
9-35
9
FM-9
9-36
10
FM-10
10-37
10
FM-10
10-38
10
FM-10
10-39
10
FM-10
10-40
11
FM-CAV1 11-41
11
FM-CAV1 11-42
11
FM-CAV1 11-43
11
FM-CAV1 11-44
11
FM-CAV1 11-45
11
FM-CAV1 11-46
12
L-1
12-47
12
L-1
12-48
12
L-1
12-49
12
L-1
12-50
13
L-2
13-51
13
L-2
13-52
13
L-2
13-53
13
L-2
13-54
14
L-3
14-55
14
L-3
14-56
14
L-3
14-57
14
L-3
14-58
15
L-4
15-59
15
L-4
15-60
15
L-4
15-61
15
L-4
15-62
16
L-5
16-63
16
L-5
16-64
16
L-5
16-65

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

13
06/30/09
1,725
1,725
1,725
1,725
293
293
276
276
276
276
738
517
276
276
862
862
862
862
1,250
862
517
517
517
517
517
517
517
517
345
345
345
345
345
345
345
345
448
448
448

14
07/31/09
1,725
1,725
1,725
1,725
293
293
276
276
276
276
738
517
276
276
862
862
862
862
1,250
862
517
517
517
517
517
517
517
517
345
345
345
345
345
345
345
345
448
448
448

15
08/31/09
1,725
1,725
1,725
1,725
293
293
276
276
276
276
738
517
276
276
862
862
862
862
1,250
862
517
517
517
517
517
517
517
517
345
345
345
345
345
345
345
345
448
448
448

16
09/30/09
1,725
1,725
1,725
1,725
293
293
276
276
276
276
738
517
276
276
862
862
862
862
1,250
862
517
517
517
517
517
517
517
517
345
345
345
345
345
345
345
345
448
448
448

17
10/31/09
1,725
1,725
1,725
1,725
293
293
276
276
276
276
738
517
276
276
862
862
862
862
1,250
862
517
517
517
517
517
517
517
517
345
345
345
345
345
345
345
345
448
448
448

Year 2
18
19
11/30/09 12/31/09
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
293
293
293
293
276
276
276
276
276
276
276
276
738
738
517
517
276
276
276
276
862
862
862
862
862
862
862
862
1,250
1,250
862
862
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
345
345
345
345
345
345
345
345
345
345
345
345
345
345
345
345
448
448
448
448
448
448

20
01/31/10
1,725
1,725
1,725
1,725
293
293
276
276
276
276
738
517
276
276
862
862
862
862
1,250
862
517
517
517
517
517
517
517
517
345
345
345
345
345
345
345
345
448
448
448

21
02/28/10
1,725
1,725
1,725
1,725
293
293
276
276
276
276
738
517
276
276
862
862
862
862
1,250
862
517
517
517
517
517
517
517
517
345
345
345
345
345
345
345
345
448
448
448

Identification
Location Structure Face
16
L-5
16-66
17
L-6
17-67
17
L-6
17-68
17
L-6
17-69
17
L-6
17-70
18
L-7
18-71
18
L-7
18-72
18
L-7
18-73
18
L-7
18-74
19
L-8
19-75
19
L-8
19-76
19
L-8
19-77
19
L-8
19-78
20
L-9
20-79
20
L-9
20-80
20
L-9
20-81
20
L-9
20-82
21
L-10
21-83
21
L-10
21-84
21
L-10
21-85
21
L-10
21-86
22
L-11
22-87
22
L-11
22-88
22
L-11
22-89
22
L-11
22-90
23
L-12
23-91
23
L-12
23-92
23
L-12
23-93
23
L-12
23-94
24
L-13
24-95
24
L-13
24-96
24
L-13
24-97
24
L-13
24-98
25
L-14
25-99
25
L-14
25-100
25
L-14
25-101
25
L-14
25-102

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

13
06/30/09
448
517
517
517
1,150
552
552
414
414
759
759
621
621
690
690
600
552
862
862
862
1,242
690
690
552
552
690
690
552
552
690
690
552
552
690
690
800
552

14
07/31/09
448
517
517
517
1,150
552
552
414
414
759
759
621
621
690
690
600
552
862
862
862
1,242
690
690
552
552
690
690
552
552
690
690
552
552
690
690
800
552

15
08/31/09
448
517
517
517
1,150
552
552
414
414
759
759
621
621
690
690
600
552
862
862
862
1,242
690
690
552
552
690
690
552
552
690
690
552
552
690
690
800
552

16
09/30/09
448
517
517
517
1,150
552
552
414
414
759
759
621
621
690
690
600
552
862
862
862
1,242
690
690
552
552
690
690
552
552
690
690
552
552
690
690
800
552

17
10/31/09
448
517
517
517
1,150
552
552
414
414
759
759
621
621
690
690
600
552
862
862
862
1,242
690
690
552
552
690
690
552
552
690
690
552
552
690
690
800
552

Year 2
18
19
11/30/09 12/31/09
448
448
517
517
517
517
517
517
1,150
1,150
552
552
552
552
414
414
414
414
759
759
759
759
621
621
621
621
690
690
690
690
552
552
552
552
862
862
862
862
862
862
1,242
1,242
690
690
690
690
552
552
552
552
690
690
690
690
552
552
552
552
690
690
690
690
552
552
552
552
690
690
690
690
800
800
552
552

20
01/31/10
448
517
517
517
517
552
552
414
414
759
759
621
621
690
690
552
552
862
862
862
1,242
690
690
552
552
690
690
552
552
690
690
552
552
690
690
800
552

21
02/28/10
448
517
517
517
517
552
552
414
414
759
759
621
621
690
690
552
552
862
862
862
1,242
690
690
552
552
690
690
552
552
690
690
552
552
690
690
800
552

Identification
Location Structure Face
26
L-15
26-103
26
L-15
26-104
26
L-15
26-105
26
L-15
26-106
26
L-15
26-107
26
L-15
26-108
27
L-16
27-109
27
L-16
27-110
27
L-16
27-111
27
L-16
27-112
28
L-17
28-113
28
L-17
28-114
28
L-17
28-115
28
L-17
28-116
28
L-17
28-117
28
L-17
28-118
29
L-18
29-119
29
L-18
29-120
29
L-18
29-121
29
L-18
29-122
30
L-19
30-123
30
L-19
30-124
30
L-19
30-125
30
L-19
30-126
30
L-19
30-127
30
L-19
30-128
31
L-20
31-129
31
L-20
31-130
31
L-20
31-131
31
L-20
31-132
32
L-21
32-133
32
L-21
32-134
33
L-22
33-135
33
L-22
33-136
33
L-22
33-137
33
L-22
33-138
34
L-23
34-139
34
L-23
34-140
35
L-24
35-141

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

13
06/30/09
759
759
759
759
700
759
1,380
862
862
862
862
862
1,250
862
862
862
552
552
552
552
552
552
552
552
552
552
483
483
414
414
1,380
1,518
1,035
1,035
1,035
1,518
1,380
1,518
1,035

14
07/31/09
759
759
759
759
700
759
1,380
862
862
862
862
862
1,250
862
862
862
552
552
552
552
552
552
552
552
552
552
483
483
414
414
1,380
1,518
1,035
1,035
1,035
1,518
1,380
1,518
1,035

15
08/31/09
759
759
759
759
700
759
1,380
862
862
862
862
862
1,250
862
862
862
552
552
552
552
552
552
552
552
552
552
483
483
414
414
1,380
1,518
1,035
1,035
1,035
1,518
1,380
1,518
1,035

16
09/30/09
759
759
759
759
700
759
1,380
862
862
862
862
862
1,250
862
862
862
552
552
552
552
552
552
552
552
552
552
483
483
414
414
1,380
1,518
1,035
1,035
1,035
1,518
1,380
1,518
1,035

17
10/31/09
759
759
759
759
700
759
1,380
862
862
862
862
862
1,250
862
862
862
552
552
552
552
552
552
552
552
552
552
483
483
414
414
1,380
1,518
1,035
1,035
1,035
1,518
1,380
1,518
1,035

Year 2
18
19
11/30/09 12/31/09
759
759
759
759
759
759
759
759
700
700
759
759
1,380
1,380
862
862
862
862
862
862
862
862
862
862
1,250
1,250
862
862
862
862
862
862
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
483
483
483
483
414
414
414
414
1,380
1,380
1,518
1,518
1,035
1,035
1,035
1,035
1,035
1,035
1,518
1,518
1,380
1,380
1,518
1,518
1,035
1,035

20
01/31/10
759
759
759
759
700
759
1,380
862
862
862
862
862
1,250
862
862
862
552
552
552
552
552
552
552
552
552
552
483
483
414
414
1,380
1,518
1,035
1,035
1,035
1,518
1,380
1,518
1,035

21
02/28/10
759
759
759
759
700
759
1,380
862
862
862
862
862
1,250
862
862
862
552
552
552
552
552
552
552
552
552
552
483
483
414
414
1,380
1,518
1,035
1,035
1,035
1,518
1,380
1,518
1,035

Identification
Location Structure Face
35
L-24
35-142
35
L-24
35-143
35
L-24
35-144
36
L-25
36-145
36
L-25
36-146
36
L-25
36-147
36
L-25
36-148
37
L-26
37-149
37
L-26
37-150
38
K-10
38-151
38
K-10
38-152
39
K-20
39-153
39
K-20
39-154
39
K-20
39-155
39
K-20
39-156
40
K-30
40-157
40
K-30
40-158
40
K-30
40-159
40
K-30
40-160

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

13
06/30/09
1,035
1,035
1,725
1,725
1,035
1,500
1,500
690
517
586
586
862
862
949
949
1,242
1,242
2,070
2,070

14
07/31/09
1,035
1,035
1,725
1,725
1,035
1,500
1,500
690
517
586
586
862
862
949
949
1,242
1,242
2,070
2,070

15
08/31/09
1,035
1,035
1,725
1,725
1,035
1,500
1,500
690
517
586
586
862
862
949
949
1,242
1,242
2,070
2,070

16
09/30/09
1,035
1,035
1,725
1,725
1,035
1,500
1,500
690
517
586
586
862
862
949
949
1,242
1,242
2,070
2,070

17
10/31/09
1,035
1,035
1,725
1,725
1,035
1,500
1,500
690
517
586
586
862
862
949
949
1,242
1,242
2,070
2,070

Year 2
18
19
11/30/09 12/31/09
1,035
1,035
1,035
1,035
1,725
1,725
1,725
1,725
1,035
1,035
1,035
1,035
1,035
1,035
690
690
517
517
586
586
586
586
862
862
862
862
949
949
949
949
1,242
1,242
1,242
1,242
2,070
2,070
2,070
2,070

20
01/31/10
1,035
1,035
1,725
1,725
1,035
1,035
1,035
690
517
586
586
862
862
949
949
1,242
1,242
2,070
2,070

21
02/28/10
1,035
1,035
1,725
1,725
1,035
1,035
1,035
690
517
586
586
862
862
949
949
1,242
1,242
2,070
2,070

Identification
Location Structure Face
41
K-40
41-161
41
K-40
41-162
41
K-40
41-163
41
K-40
41-164
41
K-40
41-165
41
K-40
41-166
42
K-50
42-167
42
K-50
42-168
42
K-50
42-169
42
K-50
42-170
43
FNWA-1 43-171
43
FNWA-1 43-172
43
FNWA-1 43-173
43
FNWA-1 43-174
43
FNWA-1 43-175
43
FNWA-1 43-176
44
FNWA-2 44-177
44
FNWA-2 44-178
44
FNWA-2 44-179
44
FNWA-2 44-180
44
FNWA-2 44-181
44
FNWA-2 44-182
45
FNWA-3 45-183
45
FNWA-3 45-184
45
FNWA-3 45-185
45
FNWA-3 45-186
45
FNWA-3 45-187
45
FNWA-3 45-188
46
FNWA-4 46-189
46
FNWA-4 46-190
46
FNWA-4 46-191
46
FNWA-4 46-192
46
FNWA-4 46-193
46
FNWA-4 46-194
47
FNWA-5 47-195
47
FNWA-5 47-196
48
FNWA-6 48-197
48
FNWA-6 48-198
49
FNWA-7 49-199

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

13
06/30/09
552
552
552
552
552
552
650
517
517
517
552
552
552
552
552
552
483
483
483
483
483
483
517
517
517
517
517
517
517
517
517
517
517
517
621
621
621
775
552

14
07/31/09
552
552
552
552
552
552
650
517
517
517
552
552
552
552
552
552
483
483
483
483
483
483
517
517
517
517
517
517
517
517
517
517
517
517
621
621
621
775
552

15
08/31/09
552
552
552
552
552
552
650
517
517
517
552
552
552
552
552
552
483
483
483
483
483
483
517
517
517
517
517
517
517
517
517
517
517
517
621
621
621
775
552

16
09/30/09
552
552
552
552
552
552
650
517
517
517
552
552
552
552
552
552
483
483
483
483
483
483
517
517
517
517
517
517
517
517
517
517
517
517
621
621
621
775
552

17
10/31/09
552
552
552
552
552
552
650
517
517
517
552
552
552
552
552
552
483
483
483
483
483
483
517
517
517
517
517
517
517
517
517
517
517
517
621
621
621
775
552

Year 2
18
19
11/30/09 12/31/09
552
552
552
552
552
552
552
552
552
552
552
552
448
448
517
517
517
517
517
517
552
552
552
552
552
552
552
552
552
552
552
552
483
483
483
483
483
483
483
483
483
483
483
483
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
517
621
621
621
621
621
621
775
775
552
552

20
01/31/10
552
552
552
552
552
552
448
517
517
517
552
552
552
552
552
552
483
483
483
483
483
483
517
517
517
517
517
517
517
517
517
517
517
517
621
621
621
775
552

21
02/28/10
552
552
552
552
552
552
448
517
517
517
552
552
552
552
552
552
483
483
483
483
483
483
517
517
517
517
517
517
517
517
517
517
517
517
621
621
621
775
552

Identification
Location Structure Face
49
FNWA-7 49-200
50
FNWA-8 50-201
50
FNWA-8 50-202
51
FNWA-9 51-203
51
FNWA-9 51-204
51
FNWA-9 51-205
51
FNWA-9 51-206
51
FNWA-9 51-207
51
FNWA-9 51-208
52
FNWA-10 52-209
52
FNWA-10 52-210
53
FNWA-11 53-211
53
FNWA-11 53-212
54
FNWA-12 54-213
54
FNWA-12 54-214
54
FNWA-12 54-215
54
FNWA-12 54-216
55
FNWA-13 55-217
55
FNWA-13 55-218
55
FNWA-13 55-219
55
FNWA-13 55-220

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

13
06/30/09
552
1,173
414
517
517
517
517
517
517
800
600
1,518
1,725
1,035
1,035
690
690
1,242
1,242
1,380
1,380

14
07/31/09
552
1,173
414
517
517
517
517
517
517
800
600
1,518
1,725
1,035
1,035
690
690
1,242
1,242
1,380
1,380

15
08/31/09
552
1,173
414
517
517
517
517
517
517
800
600
1,518
1,725
1,035
1,035
690
690
1,242
1,242
1,380
1,380

16
09/30/09
552
1,173
414
517
517
517
517
517
517
800
600
1,518
1,725
1,035
1,035
690
690
1,242
1,242
1,380
1,380

17
10/31/09
552
1,173
414
517
517
517
517
517
517
800
600
1,518
1,725
1,035
1,035
690
690
1,242
1,242
1,380
1,380

Year 2
18
19
11/30/09 12/31/09
552
552
1,173
1,173
414
414
517
517
517
517
517
517
517
517
517
517
517
517
800
552
414
414
1,518
1,518
1,725
1,725
1,035
1,035
1,035
1,035
690
690
690
690
1,242
1,242
1,242
1,242
1,380
1,380
1,380
1,380

20
01/31/10
552
1,173
414
517
517
517
517
517
517
552
414
1,518
1,725
1,035
1,035
690
690
1,242
1,242
1,380
1,380

21
02/28/10
552
1,173
414
517
517
517
517
517
517
552
414
1,518
1,725
1,035
1,035
690
690
1,242
1,242
1,380
1,380

Identification
Location Structure Face
56
FNWA-14 56-221
56
FNWA-14 56-222
56
FNWA-14 56-223
56
FNWA-14 56-224
57
FOA-1
57-225
57
FOA-1
57-226
57
FOA-1
57-227
57
FOA-1
57-228
58
FOA-2
58-229
58
FOA-2
58-230
58
FOA-2
58-231
58
FOA-2
58-232
59
FOA-3
59-233
59
FOA-3
59-234
60
FOA-4
60-235
60
FOA-4
60-236
60
FOA-4
60-237
60
FOA-4
60-238
61
FOA-5
61-239
61
FOA-5
61-240
61
FOA-5
61-241
61
FOA-5
61-242
62
FNWA-15 62-243
62
FNWA-15 62-244
62
FNWA-15 62-245
62
FNWA-15 62-246
63
FNWA-16 63-247
63
FNWA-16 63-248
63
FNWA-16 63-249
63
FNWA-16 63-250
64
FNWA-17 64-251
64
FNWA-17 64-252
64
FNWA-17 64-253
64
FNWA-17 64-254
65
FNWA-18 65-255
65
FNWA-18 65-256
65
FNWA-18 65-257
65
FNWA-18 65-258
65
FNWA-18 65-259

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt

13
06/30/09
1,725
1,725
2,500
2,000
2,250
1,518
1,035
1,035
1,518
1,518
1,035
1,035
310
276
750
241
241
276
276
550
379
1,380
1,380
1,035
1,035
1,380
1,380
1,035
1,035
1,380
1,380
1,035
1,035
1,380
1,380
1,380
1,380
1,380

14
07/31/09
1,725
1,725
2,500
2,000
2,250
1,518
1,035
1,035
1,518
1,518
1,035
1,035
310
276
750
241
241
276
276
379
379
1,380
1,380
1,035
1,035
1,380
1,380
1,035
1,035
1,380
1,380
1,035
1,035
1,380
1,380
1,380
1,380
1,380

15
08/31/09
1,725
1,725
2,500
2,000
2,250
1,518
1,035
1,035
1,518
1,518
1,035
1,035
310
276
750
241
241
276
276
379
379
1,380
1,380
1,035
1,035
1,380
1,380
1,035
1,035
1,380
1,380
1,035
1,035
1,380
1,380
1,380
1,380
1,380

16
09/30/09
1,725
1,725
1,725
2,000
2,250
1,518
1,035
1,035
1,518
1,518
1,035
1,035
310
276
750
241
241
276
276
379
379
1,380
1,380
1,035
1,035
1,380
1,380
1,035
1,035
1,380
1,380
1,035
1,035
1,380
1,380
1,380
1,380
1,380

17
10/31/09
1,725
1,725
1,725
2,000
2,250
1,518
1,035
1,035
1,518
1,518
1,035
1,035
310
276
750
241
241
276
276
379
379
1,380
1,380
1,035
1,035
1,380
1,380
1,035
1,035
1,380
1,380
1,035
1,035
1,380
1,380
1,380
1,380
1,380

Year 2
18
19
11/30/09 12/31/09
1,725
1,725
1,725
1,725
1,725
1,725
1,380
1,380
2,250
2,250
1,518
1,518
1,035
1,035
1,035
1,035
1,518
1,518
1,518
1,518
1,035
1,035
1,035
1,035
310
310
276
276
750
750
241
241
241
241
276
276
276
276
379
379
379
379
1,380
1,380
1,380
1,380
1,035
1,035
1,035
1,035
1,380
1,380
1,380
1,380
1,035
1,035
1,035
1,035
1,380
1,380
1,380
1,380
1,035
1,035
1,035
1,035
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380

20
01/31/10
1,725
1,725
1,725
1,380
2,250
1,518
1,035
1,035
1,518
1,518
1,035
1,035
310
276
750
241
241
276
276
379
379
1,380
1,380
1,035
1,035
1,380
1,380
1,035
1,035
1,380
1,380
1,035
1,035
1,380
1,380
1,380
1,380
1,380

21
02/28/10
1,725
1,725
1,725
1,380
2,250
1,518
1,035
1,035
1,518
1,518
1,035
1,035
310
276
750
241
241
276
276
379
379
1,380
1,380
1,035
1,035
1,380
1,380
1,035
1,035
1,380
1,380
1,035
1,035
1,380
1,380
1,380
1,380
1,380

Identification
Location Structure Face
65
FNWA-18 65-260
66
FNWA-19 66-261
66
FNWA-19 66-262
66
FNWA-19 66-263
66
FNWA-19 66-264
66
FNWA-19 66-265
66
FNWA-19 66-266
67
FNWA-20 66-267
67
FNWA-20 66-268
67
FNWA-20 66-269
67
FNWA-20 66-270
67
FNWA-20 66-271
67
FNWA-20 66-272

Status
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt

13
06/30/09
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380

14
07/31/09
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380

15
08/31/09
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380

16
09/30/09
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380

17
10/31/09
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380

Year 2
18
19
11/30/09 12/31/09
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380

20
01/31/10
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380

21
02/28/10
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380

$ 242,400 $ 242,229 $ 242,229 $ 241,454 $ 241,454 $ 239,467 $ 239,219 $ 238,587 $ 238,587


13
14
15
16
17
18
19
20
21

Target Media Revenue Projection Detail

Occupancy
Year 1
Year 2
Year 3
Year 4
66%
66%
66%
66%
Rate Growth
Year 1
Year 2
Year 3
Year 4
N/A
5%
5%
5%

Year 2
Identification
Location Structure Face
1
FM-1
1-1
1
FM-1
1-2
1
FM-1
1-3
1
FM-1
1-4
2
FM-2
2-5
2
FM-2
2-6
2
FM-2
2-7
2
FM-2
2-8
2
FM-2
2-9
2
FM-2
2-10
3
FM-3
3-11
3
FM-3
3-12
3
FM-3
3-13
3
FM-3
3-14
4
FM-4
4-15
4
FM-4
4-16
4
FM-4
4-17
4
FM-4
4-18
5
FM-5
5-19
5
FM-5
5-20
5
FM-5
5-21
5
FM-5
5-22
6
FM-6
6-23
6
FM-6
6-24
6
FM-6
6-25
6
FM-6
6-26

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

22
23
24
03/31/10 04/30/10 05/31/10
$
517 $
517 $
517
517
517
517
517
517
517
517
517
517
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
1,242
1,242
1,242
862
862
862
862
862
862
862
862
862
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
4,139
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,242
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725
1,725

Year 2
Identification
Location Structure Face
7
FM-7
7-27
7
FM-7
7-28
7
FM-7
7-29
7
FM-7
7-30
8
FM-8
8-31
8
FM-8
8-32
9
FM-9
9-33
9
FM-9
9-34
9
FM-9
9-35
9
FM-9
9-36
10
FM-10
10-37
10
FM-10
10-38
10
FM-10
10-39
10
FM-10
10-40
11
FM-CAV1 11-41
11
FM-CAV1 11-42
11
FM-CAV1 11-43
11
FM-CAV1 11-44
11
FM-CAV1 11-45
11
FM-CAV1 11-46
12
L-1
12-47
12
L-1
12-48
12
L-1
12-49
12
L-1
12-50
13
L-2
13-51
13
L-2
13-52
13
L-2
13-53
13
L-2
13-54
14
L-3
14-55
14
L-3
14-56
14
L-3
14-57
14
L-3
14-58
15
L-4
15-59
15
L-4
15-60
15
L-4
15-61
15
L-4
15-62
16
L-5
16-63
16
L-5
16-64
16
L-5
16-65

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

22
03/31/10
1,725
1,725
1,725
1,725
293
293
276
276
276
276
517
517
276
276
862
862
862
862
1,250
862
517
517
517
517
517
517
517
517
345
345
345
345
345
345
345
345
448
448
448

23
04/30/10
1,725
1,725
1,725
1,725
293
293
276
276
276
276
517
517
276
276
862
862
862
862
1,250
862
517
517
517
517
517
517
517
517
345
345
345
345
345
345
345
345
448
448
448

24
05/31/10
1,725
1,725
1,725
1,725
293
293
276
276
276
276
517
517
276
276
862
862
862
862
1,250
862
517
517
517
517
517
517
517
517
345
345
345
345
345
345
345
345
448
448
448

Year 2
Identification
Location Structure Face
16
L-5
16-66
17
L-6
17-67
17
L-6
17-68
17
L-6
17-69
17
L-6
17-70
18
L-7
18-71
18
L-7
18-72
18
L-7
18-73
18
L-7
18-74
19
L-8
19-75
19
L-8
19-76
19
L-8
19-77
19
L-8
19-78
20
L-9
20-79
20
L-9
20-80
20
L-9
20-81
20
L-9
20-82
21
L-10
21-83
21
L-10
21-84
21
L-10
21-85
21
L-10
21-86
22
L-11
22-87
22
L-11
22-88
22
L-11
22-89
22
L-11
22-90
23
L-12
23-91
23
L-12
23-92
23
L-12
23-93
23
L-12
23-94
24
L-13
24-95
24
L-13
24-96
24
L-13
24-97
24
L-13
24-98
25
L-14
25-99
25
L-14
25-100
25
L-14
25-101
25
L-14
25-102

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

22
03/31/10
448
517
517
517
517
552
552
414
414
759
759
621
621
690
690
552
552
862
862
862
1,242
690
690
552
552
690
690
552
552
690
690
552
552
690
690
800
552

23
04/30/10
448
517
517
517
517
552
552
414
414
759
759
621
621
690
690
552
552
862
862
862
1,242
690
690
552
552
690
690
552
552
690
690
552
552
690
690
800
552

24
05/31/10
448
517
517
517
517
552
552
414
414
759
759
621
621
690
690
552
552
862
862
862
1,242
690
690
552
552
690
690
552
552
690
690
552
552
690
690
800
552

Year 2
Identification
Location Structure Face
26
L-15
26-103
26
L-15
26-104
26
L-15
26-105
26
L-15
26-106
26
L-15
26-107
26
L-15
26-108
27
L-16
27-109
27
L-16
27-110
27
L-16
27-111
27
L-16
27-112
28
L-17
28-113
28
L-17
28-114
28
L-17
28-115
28
L-17
28-116
28
L-17
28-117
28
L-17
28-118
29
L-18
29-119
29
L-18
29-120
29
L-18
29-121
29
L-18
29-122
30
L-19
30-123
30
L-19
30-124
30
L-19
30-125
30
L-19
30-126
30
L-19
30-127
30
L-19
30-128
31
L-20
31-129
31
L-20
31-130
31
L-20
31-131
31
L-20
31-132
32
L-21
32-133
32
L-21
32-134
33
L-22
33-135
33
L-22
33-136
33
L-22
33-137
33
L-22
33-138
34
L-23
34-139
34
L-23
34-140
35
L-24
35-141

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

22
03/31/10
759
759
759
759
700
759
1,380
862
862
862
862
862
1,250
862
862
862
552
552
552
552
552
552
552
552
552
552
483
483
414
414
1,380
1,518
1,035
1,035
1,035
1,518
1,380
1,518
1,035

23
04/30/10
759
759
759
759
700
759
1,380
862
862
862
862
862
1,250
862
862
862
552
552
552
552
552
552
552
552
552
552
483
483
414
414
1,380
1,518
1,035
1,035
1,035
1,518
1,380
1,518
1,035

24
05/31/10
759
759
759
759
700
759
1,380
862
862
862
862
862
1,250
862
862
862
552
552
552
552
552
552
552
552
552
552
483
483
414
414
1,380
1,518
1,035
1,035
1,035
1,518
1,380
1,518
1,035

Year 2
Identification
Location Structure Face
35
L-24
35-142
35
L-24
35-143
35
L-24
35-144
36
L-25
36-145
36
L-25
36-146
36
L-25
36-147
36
L-25
36-148
37
L-26
37-149
37
L-26
37-150
38
K-10
38-151
38
K-10
38-152
39
K-20
39-153
39
K-20
39-154
39
K-20
39-155
39
K-20
39-156
40
K-30
40-157
40
K-30
40-158
40
K-30
40-159
40
K-30
40-160

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

22
03/31/10
1,035
1,035
1,725
1,725
1,035
1,035
1,035
690
517
586
586
862
862
949
949
1,242
1,242
2,070
2,070

23
04/30/10
1,035
1,035
1,725
1,725
1,035
1,035
1,035
690
517
586
586
862
862
949
949
1,242
1,242
2,070
2,070

24
05/31/10
1,035
1,035
1,725
1,725
1,035
1,035
1,035
690
517
586
586
862
862
949
949
1,242
1,242
2,070
2,070

Year 2
Identification
Location Structure Face
41
K-40
41-161
41
K-40
41-162
41
K-40
41-163
41
K-40
41-164
41
K-40
41-165
41
K-40
41-166
42
K-50
42-167
42
K-50
42-168
42
K-50
42-169
42
K-50
42-170
43
FNWA-1 43-171
43
FNWA-1 43-172
43
FNWA-1 43-173
43
FNWA-1 43-174
43
FNWA-1 43-175
43
FNWA-1 43-176
44
FNWA-2 44-177
44
FNWA-2 44-178
44
FNWA-2 44-179
44
FNWA-2 44-180
44
FNWA-2 44-181
44
FNWA-2 44-182
45
FNWA-3 45-183
45
FNWA-3 45-184
45
FNWA-3 45-185
45
FNWA-3 45-186
45
FNWA-3 45-187
45
FNWA-3 45-188
46
FNWA-4 46-189
46
FNWA-4 46-190
46
FNWA-4 46-191
46
FNWA-4 46-192
46
FNWA-4 46-193
46
FNWA-4 46-194
47
FNWA-5 47-195
47
FNWA-5 47-196
48
FNWA-6 48-197
48
FNWA-6 48-198
49
FNWA-7 49-199

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

22
03/31/10
552
552
552
552
552
552
448
517
517
517
552
552
552
552
552
552
483
483
483
483
483
483
517
517
517
517
517
517
517
517
517
517
517
517
621
621
621
621
552

23
04/30/10
552
552
552
552
552
552
448
517
517
517
552
552
552
552
552
552
483
483
483
483
483
483
517
517
517
517
517
517
517
517
517
517
517
517
621
621
621
621
552

24
05/31/10
552
552
552
552
552
552
448
517
517
517
552
552
552
552
552
552
483
483
483
483
483
483
517
517
517
517
517
517
517
517
517
517
517
517
621
621
621
621
552

Year 2
Identification
Location Structure Face
49
FNWA-7 49-200
50
FNWA-8 50-201
50
FNWA-8 50-202
51
FNWA-9 51-203
51
FNWA-9 51-204
51
FNWA-9 51-205
51
FNWA-9 51-206
51
FNWA-9 51-207
51
FNWA-9 51-208
52
FNWA-10 52-209
52
FNWA-10 52-210
53
FNWA-11 53-211
53
FNWA-11 53-212
54
FNWA-12 54-213
54
FNWA-12 54-214
54
FNWA-12 54-215
54
FNWA-12 54-216
55
FNWA-13 55-217
55
FNWA-13 55-218
55
FNWA-13 55-219
55
FNWA-13 55-220

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

22
03/31/10
552
1,173
414
517
517
517
517
517
517
552
414
1,518
1,725
1,035
1,035
690
690
1,242
1,242
1,380
1,380

23
04/30/10
552
1,173
414
517
517
517
517
517
517
552
414
1,518
1,725
1,035
1,035
690
690
1,242
1,242
1,380
1,380

24
05/31/10
552
1,173
414
517
517
517
517
517
517
552
414
1,518
1,725
1,035
1,035
690
690
1,242
1,242
1,380
1,380

Year 2
Identification
Location Structure Face
56
FNWA-14 56-221
56
FNWA-14 56-222
56
FNWA-14 56-223
56
FNWA-14 56-224
57
FOA-1
57-225
57
FOA-1
57-226
57
FOA-1
57-227
57
FOA-1
57-228
58
FOA-2
58-229
58
FOA-2
58-230
58
FOA-2
58-231
58
FOA-2
58-232
59
FOA-3
59-233
59
FOA-3
59-234
60
FOA-4
60-235
60
FOA-4
60-236
60
FOA-4
60-237
60
FOA-4
60-238
61
FOA-5
61-239
61
FOA-5
61-240
61
FOA-5
61-241
61
FOA-5
61-242
62
FNWA-15 62-243
62
FNWA-15 62-244
62
FNWA-15 62-245
62
FNWA-15 62-246
63
FNWA-16 63-247
63
FNWA-16 63-248
63
FNWA-16 63-249
63
FNWA-16 63-250
64
FNWA-17 64-251
64
FNWA-17 64-252
64
FNWA-17 64-253
64
FNWA-17 64-254
65
FNWA-18 65-255
65
FNWA-18 65-256
65
FNWA-18 65-257
65
FNWA-18 65-258
65
FNWA-18 65-259

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt

22
03/31/10
1,725
1,725
1,725
1,380
2,250
1,518
1,035
1,035
1,518
1,518
1,035
1,035
310
276
750
241
241
276
276
379
379
1,380
1,380
1,035
1,035
1,380
1,380
1,035
1,035
1,380
1,380
1,035
1,035
1,380
1,380
1,380
1,380
1,380

23
04/30/10
1,725
1,725
1,725
1,380
2,250
1,518
1,035
1,035
1,518
1,518
1,035
1,035
310
276
750
241
241
276
276
379
379
1,380
1,380
1,035
1,035
1,380
1,380
1,035
1,035
1,380
1,380
1,035
1,035
1,380
1,380
1,380
1,380
1,380

24
05/31/10
1,725
1,725
1,725
1,380
2,250
1,518
1,035
1,035
1,518
1,518
1,035
1,035
310
276
750
241
241
276
276
379
379
1,380
1,380
1,035
1,035
1,380
1,380
1,035
1,035
1,380
1,380
1,035
1,035
1,380
1,380
1,380
1,380
1,380

Year 2
Identification
Location Structure Face
65
FNWA-18 65-260
66
FNWA-19 66-261
66
FNWA-19 66-262
66
FNWA-19 66-263
66
FNWA-19 66-264
66
FNWA-19 66-265
66
FNWA-19 66-266
67
FNWA-20 66-267
67
FNWA-20 66-268
67
FNWA-20 66-269
67
FNWA-20 66-270
67
FNWA-20 66-271
67
FNWA-20 66-272

Status
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt

22
03/31/10
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380

23
04/30/10
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380

24
05/31/10
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380
1,380

$ 238,212 $ 238,212 $ 238,212


22
23
24

Target Media Revenue Projection Detail

Occupancy
Year 1
Year 2
Year 3
Year 4
66%
66%
66%
66%
Rate Growth
Year 1
Year 2
Year 3
Year 4
N/A
5%
5%
5%

Identification
Location Structure Face
1
FM-1
1-1
1
FM-1
1-2
1
FM-1
1-3
1
FM-1
1-4
2
FM-2
2-5
2
FM-2
2-6
2
FM-2
2-7
2
FM-2
2-8
2
FM-2
2-9
2
FM-2
2-10
3
FM-3
3-11
3
FM-3
3-12
3
FM-3
3-13
3
FM-3
3-14
4
FM-4
4-15
4
FM-4
4-16
4
FM-4
4-17
4
FM-4
4-18
5
FM-5
5-19
5
FM-5
5-20
5
FM-5
5-21
5
FM-5
5-22
6
FM-6
6-23
6
FM-6
6-24
6
FM-6
6-25
6
FM-6
6-26

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

Year 3
25
26
27
28
29
30
31
32
33
06/30/10 07/31/10 08/31/10 09/30/10 10/31/10
11/30/10 12/31/10
01/31/11
02/28/11
$
543 $
543 $
543 $
543 $
543 $
543 $
543 $
543 $
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
905
905
905
905
905
905
905
905
905
905
905
905
905
905
905
905
905
905
905
905
905
905
905
905
905
905
905
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811

Identification
Location Structure Face
7
FM-7
7-27
7
FM-7
7-28
7
FM-7
7-29
7
FM-7
7-30
8
FM-8
8-31
8
FM-8
8-32
9
FM-9
9-33
9
FM-9
9-34
9
FM-9
9-35
9
FM-9
9-36
10
FM-10
10-37
10
FM-10
10-38
10
FM-10
10-39
10
FM-10
10-40
11
FM-CAV1 11-41
11
FM-CAV1 11-42
11
FM-CAV1 11-43
11
FM-CAV1 11-44
11
FM-CAV1 11-45
11
FM-CAV1 11-46
12
L-1
12-47
12
L-1
12-48
12
L-1
12-49
12
L-1
12-50
13
L-2
13-51
13
L-2
13-52
13
L-2
13-53
13
L-2
13-54
14
L-3
14-55
14
L-3
14-56
14
L-3
14-57
14
L-3
14-58
15
L-4
15-59
15
L-4
15-60
15
L-4
15-61
15
L-4
15-62
16
L-5
16-63
16
L-5
16-64
16
L-5
16-65

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

25
06/30/10
1,811
1,811
1,811
1,811
308
308
290
290
290
290
543
543
290
290
905
905
905
905
1,250
905
543
543
543
543
543
543
543
543
362
362
362
362
362
362
362
362
471
471
471

26
07/31/10
1,811
1,811
1,811
1,811
308
308
290
290
290
290
543
543
290
290
905
905
905
905
1,250
905
543
543
543
543
543
543
543
543
362
362
362
362
362
362
362
362
471
471
471

27
08/31/10
1,811
1,811
1,811
1,811
308
308
290
290
290
290
543
543
290
290
905
905
905
905
1,250
905
543
543
543
543
543
543
543
543
362
362
362
362
362
362
362
362
471
471
471

28
09/30/10
1,811
1,811
1,811
1,811
308
308
290
290
290
290
543
543
290
290
905
905
905
905
1,250
905
543
543
543
543
543
543
543
543
362
362
362
362
362
362
362
362
471
471
471

29
10/31/10
1,811
1,811
1,811
1,811
308
308
290
290
290
290
543
543
290
290
905
905
905
905
1,250
905
543
543
543
543
543
543
543
543
362
362
362
362
362
362
362
362
471
471
471

Year 3
30
31
11/30/10 12/31/10
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
308
308
308
308
290
290
290
290
290
290
290
290
543
543
543
543
290
290
290
290
905
905
905
905
905
905
905
905
1,250
1,250
905
905
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
362
362
362
362
362
362
362
362
362
362
362
362
362
362
362
362
471
471
471
471
471
471

32
01/31/11
1,811
1,811
1,811
1,811
308
308
290
290
290
290
543
543
290
290
905
905
905
905
1,250
905
543
543
543
543
543
543
543
543
362
362
362
362
362
362
362
362
471
471
471

33
02/28/11
1,811
1,811
1,811
1,811
308
308
290
290
290
290
543
543
290
290
905
905
905
905
1,250
905
543
543
543
543
543
543
543
543
362
362
362
362
362
362
362
362
471
471
471

Identification
Location Structure Face
16
L-5
16-66
17
L-6
17-67
17
L-6
17-68
17
L-6
17-69
17
L-6
17-70
18
L-7
18-71
18
L-7
18-72
18
L-7
18-73
18
L-7
18-74
19
L-8
19-75
19
L-8
19-76
19
L-8
19-77
19
L-8
19-78
20
L-9
20-79
20
L-9
20-80
20
L-9
20-81
20
L-9
20-82
21
L-10
21-83
21
L-10
21-84
21
L-10
21-85
21
L-10
21-86
22
L-11
22-87
22
L-11
22-88
22
L-11
22-89
22
L-11
22-90
23
L-12
23-91
23
L-12
23-92
23
L-12
23-93
23
L-12
23-94
24
L-13
24-95
24
L-13
24-96
24
L-13
24-97
24
L-13
24-98
25
L-14
25-99
25
L-14
25-100
25
L-14
25-101
25
L-14
25-102

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

25
06/30/10
471
543
543
543
543
579
579
435
435
797
797
652
652
724
724
579
579
905
905
905
1,304
724
724
579
579
724
724
579
579
724
724
579
579
724
724
800
579

26
07/31/10
471
543
543
543
543
579
579
435
435
797
797
652
652
724
724
579
579
905
905
905
1,304
724
724
579
579
724
724
579
579
724
724
579
579
724
724
579
579

27
08/31/10
471
543
543
543
543
579
579
435
435
797
797
652
652
724
724
579
579
905
905
905
1,304
724
724
579
579
724
724
579
579
724
724
579
579
724
724
579
579

28
09/30/10
471
543
543
543
543
579
579
435
435
797
797
652
652
724
724
579
579
905
905
905
1,304
724
724
579
579
724
724
579
579
724
724
579
579
724
724
579
579

29
10/31/10
471
543
543
543
543
579
579
435
435
797
797
652
652
724
724
579
579
905
905
905
1,304
724
724
579
579
724
724
579
579
724
724
579
579
724
724
579
579

Year 3
30
31
11/30/10 12/31/10
471
471
543
543
543
543
543
543
543
543
579
579
579
579
435
435
435
435
797
797
797
797
652
652
652
652
724
724
724
724
579
579
579
579
905
905
905
905
905
905
1,304
1,304
724
724
724
724
579
579
579
579
724
724
724
724
579
579
579
579
724
724
724
724
579
579
579
579
724
724
724
724
579
579
579
579

32
01/31/11
471
543
543
543
543
579
579
435
435
797
797
652
652
724
724
579
579
905
905
905
1,304
724
724
579
579
724
724
579
579
724
724
579
579
724
724
579
579

33
02/28/11
471
543
543
543
543
579
579
435
435
797
797
652
652
724
724
579
579
905
905
905
1,304
724
724
579
579
724
724
579
579
724
724
579
579
724
724
579
579

Identification
Location Structure Face
26
L-15
26-103
26
L-15
26-104
26
L-15
26-105
26
L-15
26-106
26
L-15
26-107
26
L-15
26-108
27
L-16
27-109
27
L-16
27-110
27
L-16
27-111
27
L-16
27-112
28
L-17
28-113
28
L-17
28-114
28
L-17
28-115
28
L-17
28-116
28
L-17
28-117
28
L-17
28-118
29
L-18
29-119
29
L-18
29-120
29
L-18
29-121
29
L-18
29-122
30
L-19
30-123
30
L-19
30-124
30
L-19
30-125
30
L-19
30-126
30
L-19
30-127
30
L-19
30-128
31
L-20
31-129
31
L-20
31-130
31
L-20
31-131
31
L-20
31-132
32
L-21
32-133
32
L-21
32-134
33
L-22
33-135
33
L-22
33-136
33
L-22
33-137
33
L-22
33-138
34
L-23
34-139
34
L-23
34-140
35
L-24
35-141

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

25
06/30/10
797
797
797
797
700
797
1,449
905
905
905
905
905
1,250
905
905
905
579
579
579
579
579
579
579
579
579
579
507
507
435
435
1,449
1,594
1,087
1,087
1,087
1,594
1,449
1,594
1,087

26
07/31/10
797
797
797
797
797
797
1,449
905
905
905
905
905
1,250
905
905
905
579
579
579
579
579
579
579
579
579
579
507
507
435
435
1,449
1,594
1,087
1,087
1,087
1,594
1,449
1,594
1,087

27
08/31/10
797
797
797
797
797
797
1,449
905
905
905
905
905
1,250
905
905
905
579
579
579
579
579
579
579
579
579
579
507
507
435
435
1,449
1,594
1,087
1,087
1,087
1,594
1,449
1,594
1,087

28
09/30/10
797
797
797
797
797
797
1,449
905
905
905
905
905
1,250
905
905
905
579
579
579
579
579
579
579
579
579
579
507
507
435
435
1,449
1,594
1,087
1,087
1,087
1,594
1,449
1,594
1,087

29
10/31/10
797
797
797
797
797
797
1,449
905
905
905
905
905
1,250
905
905
905
579
579
579
579
579
579
579
579
579
579
507
507
435
435
1,449
1,594
1,087
1,087
1,087
1,594
1,449
1,594
1,087

Year 3
30
31
11/30/10 12/31/10
797
797
797
797
797
797
797
797
797
797
797
797
1,449
1,449
905
905
905
905
905
905
905
905
905
905
1,250
1,250
905
905
905
905
905
905
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
507
507
507
507
435
435
435
435
1,449
1,449
1,594
1,594
1,087
1,087
1,087
1,087
1,087
1,087
1,594
1,594
1,449
1,449
1,594
1,594
1,087
1,087

32
01/31/11
797
797
797
797
797
797
1,449
905
905
905
905
905
1,250
905
905
905
579
579
579
579
579
579
579
579
579
579
507
507
435
435
1,449
1,594
1,087
1,087
1,087
1,594
1,449
1,594
1,087

33
02/28/11
797
797
797
797
797
797
1,449
905
905
905
905
905
1,250
905
905
905
579
579
579
579
579
579
579
579
579
579
507
507
435
435
1,449
1,594
1,087
1,087
1,087
1,594
1,449
1,594
1,087

Identification
Location Structure Face
35
L-24
35-142
35
L-24
35-143
35
L-24
35-144
36
L-25
36-145
36
L-25
36-146
36
L-25
36-147
36
L-25
36-148
37
L-26
37-149
37
L-26
37-150
38
K-10
38-151
38
K-10
38-152
39
K-20
39-153
39
K-20
39-154
39
K-20
39-155
39
K-20
39-156
40
K-30
40-157
40
K-30
40-158
40
K-30
40-159
40
K-30
40-160

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

25
06/30/10
1,087
1,087
1,811
1,811
1,087
1,087
1,087
724
543
616
616
905
905
996
996
1,304
1,304
2,173
2,173

26
07/31/10
1,087
1,087
1,811
1,811
1,087
1,087
1,087
724
543
616
616
905
905
996
996
1,304
1,304
2,173
2,173

27
08/31/10
1,087
1,087
1,811
1,811
1,087
1,087
1,087
724
543
616
616
905
905
996
996
1,304
1,304
2,173
2,173

28
09/30/10
1,087
1,087
1,811
1,811
1,087
1,087
1,087
724
543
616
616
905
905
996
996
1,304
1,304
2,173
2,173

29
10/31/10
1,087
1,087
1,811
1,811
1,087
1,087
1,087
724
543
616
616
905
905
996
996
1,304
1,304
2,173
2,173

Year 3
30
31
11/30/10 12/31/10
1,087
1,087
1,087
1,087
1,811
1,811
1,811
1,811
1,087
1,087
1,087
1,087
1,087
1,087
724
724
543
543
616
616
616
616
905
905
905
905
996
996
996
996
1,304
1,304
1,304
1,304
2,173
2,173
2,173
2,173

32
01/31/11
1,087
1,087
1,811
1,811
1,087
1,087
1,087
724
543
616
616
905
905
996
996
1,304
1,304
2,173
2,173

33
02/28/11
1,087
1,087
1,811
1,811
1,087
1,087
1,087
724
543
616
616
905
905
996
996
1,304
1,304
2,173
2,173

Identification
Location Structure Face
41
K-40
41-161
41
K-40
41-162
41
K-40
41-163
41
K-40
41-164
41
K-40
41-165
41
K-40
41-166
42
K-50
42-167
42
K-50
42-168
42
K-50
42-169
42
K-50
42-170
43
FNWA-1 43-171
43
FNWA-1 43-172
43
FNWA-1 43-173
43
FNWA-1 43-174
43
FNWA-1 43-175
43
FNWA-1 43-176
44
FNWA-2 44-177
44
FNWA-2 44-178
44
FNWA-2 44-179
44
FNWA-2 44-180
44
FNWA-2 44-181
44
FNWA-2 44-182
45
FNWA-3 45-183
45
FNWA-3 45-184
45
FNWA-3 45-185
45
FNWA-3 45-186
45
FNWA-3 45-187
45
FNWA-3 45-188
46
FNWA-4 46-189
46
FNWA-4 46-190
46
FNWA-4 46-191
46
FNWA-4 46-192
46
FNWA-4 46-193
46
FNWA-4 46-194
47
FNWA-5 47-195
47
FNWA-5 47-196
48
FNWA-6 48-197
48
FNWA-6 48-198
49
FNWA-7 49-199

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

25
06/30/10
579
579
579
579
579
579
471
543
543
543
579
579
579
579
579
579
507
507
507
507
507
507
543
543
543
543
543
543
543
543
543
543
543
543
652
652
652
652
579

26
07/31/10
579
579
579
579
579
579
471
543
543
543
579
579
579
579
579
579
507
507
507
507
507
507
543
543
543
543
543
543
543
543
543
543
543
543
652
652
652
652
579

27
08/31/10
579
579
579
579
579
579
471
543
543
543
579
579
579
579
579
579
507
507
507
507
507
507
543
543
543
543
543
543
543
543
543
543
543
543
652
652
652
652
579

28
09/30/10
579
579
579
579
579
579
471
543
543
543
579
579
579
579
579
579
507
507
507
507
507
507
543
543
543
543
543
543
543
543
543
543
543
543
652
652
652
652
579

29
10/31/10
579
579
579
579
579
579
471
543
543
543
579
579
579
579
579
579
507
507
507
507
507
507
543
543
543
543
543
543
543
543
543
543
543
543
652
652
652
652
579

Year 3
30
31
11/30/10 12/31/10
579
579
579
579
579
579
579
579
579
579
579
579
471
471
543
543
543
543
543
543
579
579
579
579
579
579
579
579
579
579
579
579
507
507
507
507
507
507
507
507
507
507
507
507
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
543
652
652
652
652
652
652
652
652
579
579

32
01/31/11
579
579
579
579
579
579
471
543
543
543
579
579
579
579
579
579
507
507
507
507
507
507
543
543
543
543
543
543
543
543
543
543
543
543
652
652
652
652
579

33
02/28/11
579
579
579
579
579
579
471
543
543
543
579
579
579
579
579
579
507
507
507
507
507
507
543
543
543
543
543
543
543
543
543
543
543
543
652
652
652
652
579

Identification
Location Structure Face
49
FNWA-7 49-200
50
FNWA-8 50-201
50
FNWA-8 50-202
51
FNWA-9 51-203
51
FNWA-9 51-204
51
FNWA-9 51-205
51
FNWA-9 51-206
51
FNWA-9 51-207
51
FNWA-9 51-208
52
FNWA-10 52-209
52
FNWA-10 52-210
53
FNWA-11 53-211
53
FNWA-11 53-212
54
FNWA-12 54-213
54
FNWA-12 54-214
54
FNWA-12 54-215
54
FNWA-12 54-216
55
FNWA-13 55-217
55
FNWA-13 55-218
55
FNWA-13 55-219
55
FNWA-13 55-220

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

25
06/30/10
579
1,231
435
543
543
543
543
543
543
579
435
1,594
1,811
1,087
1,087
724
724
1,304
1,304
1,449
1,449

26
07/31/10
579
1,231
435
543
543
543
543
543
543
579
435
1,594
1,811
1,087
1,087
724
724
1,304
1,304
1,449
1,449

27
08/31/10
579
1,231
435
543
543
543
543
543
543
579
435
1,594
1,811
1,087
1,087
724
724
1,304
1,304
1,449
1,449

28
09/30/10
579
1,231
435
543
543
543
543
543
543
579
435
1,594
1,811
1,087
1,087
724
724
1,304
1,304
1,449
1,449

29
10/31/10
579
1,231
435
543
543
543
543
543
543
579
435
1,594
1,811
1,087
1,087
724
724
1,304
1,304
1,449
1,449

Year 3
30
31
11/30/10 12/31/10
579
579
1,231
1,231
435
435
543
543
543
543
543
543
543
543
543
543
543
543
579
579
435
435
1,594
1,594
1,811
1,811
1,087
1,087
1,087
1,087
724
724
724
724
1,304
1,304
1,304
1,304
1,449
1,449
1,449
1,449

32
01/31/11
579
1,231
435
543
543
543
543
543
543
579
435
1,594
1,811
1,087
1,087
724
724
1,304
1,304
1,449
1,449

33
02/28/11
579
1,231
435
543
543
543
543
543
543
579
435
1,594
1,811
1,087
1,087
724
724
1,304
1,304
1,449
1,449

Identification
Location Structure Face
56
FNWA-14 56-221
56
FNWA-14 56-222
56
FNWA-14 56-223
56
FNWA-14 56-224
57
FOA-1
57-225
57
FOA-1
57-226
57
FOA-1
57-227
57
FOA-1
57-228
58
FOA-2
58-229
58
FOA-2
58-230
58
FOA-2
58-231
58
FOA-2
58-232
59
FOA-3
59-233
59
FOA-3
59-234
60
FOA-4
60-235
60
FOA-4
60-236
60
FOA-4
60-237
60
FOA-4
60-238
61
FOA-5
61-239
61
FOA-5
61-240
61
FOA-5
61-241
61
FOA-5
61-242
62
FNWA-15 62-243
62
FNWA-15 62-244
62
FNWA-15 62-245
62
FNWA-15 62-246
63
FNWA-16 63-247
63
FNWA-16 63-248
63
FNWA-16 63-249
63
FNWA-16 63-250
64
FNWA-17 64-251
64
FNWA-17 64-252
64
FNWA-17 64-253
64
FNWA-17 64-254
65
FNWA-18 65-255
65
FNWA-18 65-256
65
FNWA-18 65-257
65
FNWA-18 65-258
65
FNWA-18 65-259

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt

25
06/30/10
1,811
1,811
1,811
1,449
1,630
1,594
1,087
1,087
1,594
1,594
1,087
1,087
326
290
750
254
254
290
290
398
398
1,449
1,449
1,087
1,087
1,449
1,449
1,087
1,087
1,449
1,449
1,087
1,087
1,449
1,449
1,449
1,449
1,449

26
07/31/10
1,811
1,811
1,811
1,449
1,630
1,594
1,087
1,087
1,594
1,594
1,087
1,087
326
290
750
254
254
290
290
398
398
1,449
1,449
1,087
1,087
1,449
1,449
1,087
1,087
1,449
1,449
1,087
1,087
1,449
1,449
1,449
1,449
1,449

27
08/31/10
1,811
1,811
1,811
1,449
1,630
1,594
1,087
1,087
1,594
1,594
1,087
1,087
326
290
750
254
254
290
290
398
398
1,449
1,449
1,087
1,087
1,449
1,449
1,087
1,087
1,449
1,449
1,087
1,087
1,449
1,449
1,449
1,449
1,449

28
09/30/10
1,811
1,811
1,811
1,449
1,630
1,594
1,087
1,087
1,594
1,594
1,087
1,087
326
290
272
272
254
254
290
290
398
398
1,449
1,449
1,087
1,087
1,449
1,449
1,087
1,087
1,449
1,449
1,087
1,087
1,449
1,449
1,449
1,449
1,449

29
10/31/10
1,811
1,811
1,811
1,449
1,630
1,594
1,087
1,087
1,594
1,594
1,087
1,087
326
290
272
272
254
254
290
290
398
398
1,449
1,449
1,087
1,087
1,449
1,449
1,087
1,087
1,449
1,449
1,087
1,087
1,449
1,449
1,449
1,449
1,449

Year 3
30
31
11/30/10 12/31/10
1,811
1,811
1,811
1,811
1,811
1,811
1,449
1,449
1,630
1,630
1,594
1,594
1,087
1,087
1,087
1,087
1,594
1,594
1,594
1,594
1,087
1,087
1,087
1,087
326
326
290
290
272
272
272
272
254
254
254
254
290
290
290
290
398
398
398
398
1,449
1,449
1,449
1,449
1,087
1,087
1,087
1,087
1,449
1,449
1,449
1,449
1,087
1,087
1,087
1,087
1,449
1,449
1,449
1,449
1,087
1,087
1,087
1,087
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449

32
01/31/11
1,811
1,811
1,811
1,449
1,630
1,594
1,087
1,087
1,594
1,594
1,087
1,087
326
290
272
272
254
254
290
290
398
398
1,449
1,449
1,087
1,087
1,449
1,449
1,087
1,087
1,449
1,449
1,087
1,087
1,449
1,449
1,449
1,449
1,449

33
02/28/11
1,811
1,811
1,811
1,449
1,630
1,594
1,087
1,087
1,594
1,594
1,087
1,087
326
290
272
272
254
254
290
290
398
398
1,449
1,449
1,087
1,087
1,449
1,449
1,087
1,087
1,449
1,449
1,087
1,087
1,449
1,449
1,449
1,449
1,449

Identification
Location Structure Face
65
FNWA-18 65-260
66
FNWA-19 66-261
66
FNWA-19 66-262
66
FNWA-19 66-263
66
FNWA-19 66-264
66
FNWA-19 66-265
66
FNWA-19 66-266
67
FNWA-20 66-267
67
FNWA-20 66-268
67
FNWA-20 66-269
67
FNWA-20 66-270
67
FNWA-20 66-271
67
FNWA-20 66-272

Status
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt

25
06/30/10
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449

26
07/31/10
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449

27
08/31/10
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449

28
09/30/10
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449

29
10/31/10
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449

Year 3
30
31
11/30/10 12/31/10
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449

32
01/31/11
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449

33
02/28/11
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449

$ 249,152 $ 249,029 $ 249,029 $ 248,822 $ 248,822 $ 248,822 $ 248,822 $ 248,822 $ 248,822


25
26
27
28
29
30
31
32
33

Target Media Revenue Projection Detail

Occupancy
Year 1
Year 2
Year 3
Year 4
66%
66%
66%
66%
Rate Growth
Year 1
Year 2
Year 3
Year 4
N/A
5%
5%
5%

Year 3
Identification
Location Structure Face
1
FM-1
1-1
1
FM-1
1-2
1
FM-1
1-3
1
FM-1
1-4
2
FM-2
2-5
2
FM-2
2-6
2
FM-2
2-7
2
FM-2
2-8
2
FM-2
2-9
2
FM-2
2-10
3
FM-3
3-11
3
FM-3
3-12
3
FM-3
3-13
3
FM-3
3-14
4
FM-4
4-15
4
FM-4
4-16
4
FM-4
4-17
4
FM-4
4-18
5
FM-5
5-19
5
FM-5
5-20
5
FM-5
5-21
5
FM-5
5-22
6
FM-6
6-23
6
FM-6
6-24
6
FM-6
6-25
6
FM-6
6-26

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

34
35
36
03/31/11
04/30/11
05/31/11
$
543 $
543 $
543
543
543
543
543
543
543
543
543
543
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
579
1,304
1,304
1,304
905
905
905
905
905
905
905
905
905
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
4,346
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,304
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811
1,811

Year 3
Identification
Location Structure Face
7
FM-7
7-27
7
FM-7
7-28
7
FM-7
7-29
7
FM-7
7-30
8
FM-8
8-31
8
FM-8
8-32
9
FM-9
9-33
9
FM-9
9-34
9
FM-9
9-35
9
FM-9
9-36
10
FM-10
10-37
10
FM-10
10-38
10
FM-10
10-39
10
FM-10
10-40
11
FM-CAV1 11-41
11
FM-CAV1 11-42
11
FM-CAV1 11-43
11
FM-CAV1 11-44
11
FM-CAV1 11-45
11
FM-CAV1 11-46
12
L-1
12-47
12
L-1
12-48
12
L-1
12-49
12
L-1
12-50
13
L-2
13-51
13
L-2
13-52
13
L-2
13-53
13
L-2
13-54
14
L-3
14-55
14
L-3
14-56
14
L-3
14-57
14
L-3
14-58
15
L-4
15-59
15
L-4
15-60
15
L-4
15-61
15
L-4
15-62
16
L-5
16-63
16
L-5
16-64
16
L-5
16-65

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

34
03/31/11
1,811
1,811
1,811
1,811
308
308
290
290
290
290
543
543
290
290
905
905
905
905
1,250
905
543
543
543
543
543
543
543
543
362
362
362
362
362
362
362
362
471
471
471

35
04/30/11
1,811
1,811
1,811
1,811
308
308
290
290
290
290
543
543
290
290
905
905
905
905
1,250
905
543
543
543
543
543
543
543
543
362
362
362
362
362
362
362
362
471
471
471

36
05/31/11
1,811
1,811
1,811
1,811
308
308
290
290
290
290
543
543
290
290
905
905
905
905
1,250
905
543
543
543
543
543
543
543
543
362
362
362
362
362
362
362
362
471
471
471

Year 3
Identification
Location Structure Face
16
L-5
16-66
17
L-6
17-67
17
L-6
17-68
17
L-6
17-69
17
L-6
17-70
18
L-7
18-71
18
L-7
18-72
18
L-7
18-73
18
L-7
18-74
19
L-8
19-75
19
L-8
19-76
19
L-8
19-77
19
L-8
19-78
20
L-9
20-79
20
L-9
20-80
20
L-9
20-81
20
L-9
20-82
21
L-10
21-83
21
L-10
21-84
21
L-10
21-85
21
L-10
21-86
22
L-11
22-87
22
L-11
22-88
22
L-11
22-89
22
L-11
22-90
23
L-12
23-91
23
L-12
23-92
23
L-12
23-93
23
L-12
23-94
24
L-13
24-95
24
L-13
24-96
24
L-13
24-97
24
L-13
24-98
25
L-14
25-99
25
L-14
25-100
25
L-14
25-101
25
L-14
25-102

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

34
03/31/11
471
543
543
543
543
579
579
435
435
797
797
652
652
724
724
579
579
905
905
905
1,304
724
724
579
579
724
724
579
579
724
724
579
579
724
724
579
579

35
04/30/11
471
543
543
543
543
579
579
435
435
797
797
652
652
724
724
579
579
905
905
905
1,304
724
724
579
579
724
724
579
579
724
724
579
579
724
724
579
579

36
05/31/11
471
543
543
543
543
579
579
435
435
797
797
652
652
724
724
579
579
905
905
905
1,304
724
724
579
579
724
724
579
579
724
724
579
579
724
724
579
579

Year 3
Identification
Location Structure Face
26
L-15
26-103
26
L-15
26-104
26
L-15
26-105
26
L-15
26-106
26
L-15
26-107
26
L-15
26-108
27
L-16
27-109
27
L-16
27-110
27
L-16
27-111
27
L-16
27-112
28
L-17
28-113
28
L-17
28-114
28
L-17
28-115
28
L-17
28-116
28
L-17
28-117
28
L-17
28-118
29
L-18
29-119
29
L-18
29-120
29
L-18
29-121
29
L-18
29-122
30
L-19
30-123
30
L-19
30-124
30
L-19
30-125
30
L-19
30-126
30
L-19
30-127
30
L-19
30-128
31
L-20
31-129
31
L-20
31-130
31
L-20
31-131
31
L-20
31-132
32
L-21
32-133
32
L-21
32-134
33
L-22
33-135
33
L-22
33-136
33
L-22
33-137
33
L-22
33-138
34
L-23
34-139
34
L-23
34-140
35
L-24
35-141

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

34
03/31/11
797
797
797
797
797
797
1,449
905
905
905
905
905
1,250
905
905
905
579
579
579
579
579
579
579
579
579
579
507
507
435
435
1,449
1,594
1,087
1,087
1,087
1,594
1,449
1,594
1,087

35
04/30/11
797
797
797
797
797
797
1,449
905
905
905
905
905
1,250
905
905
905
579
579
579
579
579
579
579
579
579
579
507
507
435
435
1,449
1,594
1,087
1,087
1,087
1,594
1,449
1,594
1,087

36
05/31/11
797
797
797
797
797
797
1,449
905
905
905
905
905
1,250
905
905
905
579
579
579
579
579
579
579
579
579
579
507
507
435
435
1,449
1,594
1,087
1,087
1,087
1,594
1,449
1,594
1,087

Year 3
Identification
Location Structure Face
35
L-24
35-142
35
L-24
35-143
35
L-24
35-144
36
L-25
36-145
36
L-25
36-146
36
L-25
36-147
36
L-25
36-148
37
L-26
37-149
37
L-26
37-150
38
K-10
38-151
38
K-10
38-152
39
K-20
39-153
39
K-20
39-154
39
K-20
39-155
39
K-20
39-156
40
K-30
40-157
40
K-30
40-158
40
K-30
40-159
40
K-30
40-160

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

34
03/31/11
1,087
1,087
1,811
1,811
1,087
1,087
1,087
724
543
616
616
905
905
996
996
1,304
1,304
2,173
2,173

35
04/30/11
1,087
1,087
1,811
1,811
1,087
1,087
1,087
724
543
616
616
905
905
996
996
1,304
1,304
2,173
2,173

36
05/31/11
1,087
1,087
1,811
1,811
1,087
1,087
1,087
724
543
616
616
905
905
996
996
1,304
1,304
2,173
2,173

Year 3
Identification
Location Structure Face
41
K-40
41-161
41
K-40
41-162
41
K-40
41-163
41
K-40
41-164
41
K-40
41-165
41
K-40
41-166
42
K-50
42-167
42
K-50
42-168
42
K-50
42-169
42
K-50
42-170
43
FNWA-1 43-171
43
FNWA-1 43-172
43
FNWA-1 43-173
43
FNWA-1 43-174
43
FNWA-1 43-175
43
FNWA-1 43-176
44
FNWA-2 44-177
44
FNWA-2 44-178
44
FNWA-2 44-179
44
FNWA-2 44-180
44
FNWA-2 44-181
44
FNWA-2 44-182
45
FNWA-3 45-183
45
FNWA-3 45-184
45
FNWA-3 45-185
45
FNWA-3 45-186
45
FNWA-3 45-187
45
FNWA-3 45-188
46
FNWA-4 46-189
46
FNWA-4 46-190
46
FNWA-4 46-191
46
FNWA-4 46-192
46
FNWA-4 46-193
46
FNWA-4 46-194
47
FNWA-5 47-195
47
FNWA-5 47-196
48
FNWA-6 48-197
48
FNWA-6 48-198
49
FNWA-7 49-199

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

34
03/31/11
579
579
579
579
579
579
471
543
543
543
579
579
579
579
579
579
507
507
507
507
507
507
543
543
543
543
543
543
543
543
543
543
543
543
652
652
652
652
579

35
04/30/11
579
579
579
579
579
579
471
543
543
543
579
579
579
579
579
579
507
507
507
507
507
507
543
543
543
543
543
543
543
543
543
543
543
543
652
652
652
652
579

36
05/31/11
579
579
579
579
579
579
471
543
543
543
579
579
579
579
579
579
507
507
507
507
507
507
543
543
543
543
543
543
543
543
543
543
543
543
652
652
652
652
579

Year 3
Identification
Location Structure Face
49
FNWA-7 49-200
50
FNWA-8 50-201
50
FNWA-8 50-202
51
FNWA-9 51-203
51
FNWA-9 51-204
51
FNWA-9 51-205
51
FNWA-9 51-206
51
FNWA-9 51-207
51
FNWA-9 51-208
52
FNWA-10 52-209
52
FNWA-10 52-210
53
FNWA-11 53-211
53
FNWA-11 53-212
54
FNWA-12 54-213
54
FNWA-12 54-214
54
FNWA-12 54-215
54
FNWA-12 54-216
55
FNWA-13 55-217
55
FNWA-13 55-218
55
FNWA-13 55-219
55
FNWA-13 55-220

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

34
03/31/11
579
1,231
435
543
543
543
543
543
543
579
435
1,594
1,811
1,087
1,087
724
724
1,304
1,304
1,449
1,449

35
04/30/11
579
1,231
435
543
543
543
543
543
543
579
435
1,594
1,811
1,087
1,087
724
724
1,304
1,304
1,449
1,449

36
05/31/11
579
1,231
435
543
543
543
543
543
543
579
435
1,594
1,811
1,087
1,087
724
724
1,304
1,304
1,449
1,449

Year 3
Identification
Location Structure Face
56
FNWA-14 56-221
56
FNWA-14 56-222
56
FNWA-14 56-223
56
FNWA-14 56-224
57
FOA-1
57-225
57
FOA-1
57-226
57
FOA-1
57-227
57
FOA-1
57-228
58
FOA-2
58-229
58
FOA-2
58-230
58
FOA-2
58-231
58
FOA-2
58-232
59
FOA-3
59-233
59
FOA-3
59-234
60
FOA-4
60-235
60
FOA-4
60-236
60
FOA-4
60-237
60
FOA-4
60-238
61
FOA-5
61-239
61
FOA-5
61-240
61
FOA-5
61-241
61
FOA-5
61-242
62
FNWA-15 62-243
62
FNWA-15 62-244
62
FNWA-15 62-245
62
FNWA-15 62-246
63
FNWA-16 63-247
63
FNWA-16 63-248
63
FNWA-16 63-249
63
FNWA-16 63-250
64
FNWA-17 64-251
64
FNWA-17 64-252
64
FNWA-17 64-253
64
FNWA-17 64-254
65
FNWA-18 65-255
65
FNWA-18 65-256
65
FNWA-18 65-257
65
FNWA-18 65-258
65
FNWA-18 65-259

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt

34
03/31/11
1,811
1,811
1,811
1,449
1,630
1,594
1,087
1,087
1,594
1,594
1,087
1,087
326
290
272
272
254
254
290
290
398
398
1,449
1,449
1,087
1,087
1,449
1,449
1,087
1,087
1,449
1,449
1,087
1,087
1,449
1,449
1,449
1,449
1,449

35
04/30/11
1,811
1,811
1,811
1,449
1,630
1,594
1,087
1,087
1,594
1,594
1,087
1,087
326
290
272
272
254
254
290
290
398
398
1,449
1,449
1,087
1,087
1,449
1,449
1,087
1,087
1,449
1,449
1,087
1,087
1,449
1,449
1,449
1,449
1,449

36
05/31/11
1,811
1,811
1,811
1,449
1,630
1,594
1,087
1,087
1,594
1,594
1,087
1,087
326
290
272
272
254
254
290
290
398
398
1,449
1,449
1,087
1,087
1,449
1,449
1,087
1,087
1,449
1,449
1,087
1,087
1,449
1,449
1,449
1,449
1,449

Year 3
Identification
Location Structure Face
65
FNWA-18 65-260
66
FNWA-19 66-261
66
FNWA-19 66-262
66
FNWA-19 66-263
66
FNWA-19 66-264
66
FNWA-19 66-265
66
FNWA-19 66-266
67
FNWA-20 66-267
67
FNWA-20 66-268
67
FNWA-20 66-269
67
FNWA-20 66-270
67
FNWA-20 66-271
67
FNWA-20 66-272

Status
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt

34
03/31/11
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449

35
04/30/11
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449

36
05/31/11
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449
1,449

$ 248,822 $ 248,822 $ 248,822


34
35
36

Target Media Revenue Projection Detail

Occupancy
Year 1
Year 2
Year 3
Year 4
66%
66%
66%
66%
Rate Growth
Year 1
Year 2
Year 3
Year 4
N/A
5%
5%
5%

Identification
Location Structure Face
1
FM-1
1-1
1
FM-1
1-2
1
FM-1
1-3
1
FM-1
1-4
2
FM-2
2-5
2
FM-2
2-6
2
FM-2
2-7
2
FM-2
2-8
2
FM-2
2-9
2
FM-2
2-10
3
FM-3
3-11
3
FM-3
3-12
3
FM-3
3-13
3
FM-3
3-14
4
FM-4
4-15
4
FM-4
4-16
4
FM-4
4-17
4
FM-4
4-18
5
FM-5
5-19
5
FM-5
5-20
5
FM-5
5-21
5
FM-5
5-22
6
FM-6
6-23
6
FM-6
6-24
6
FM-6
6-25
6
FM-6
6-26

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

Year 4
37
38
39
40
41
42
43
44
45
06/30/11
07/31/11
08/31/11
09/30/11
10/31/11
11/30/11
12/31/11 01/31/12 02/29/12
$
570 $
570 $
570 $
570 $
570 $
570 $
570 $
570 $
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
951
951
951
951
951
951
951
951
951
951
951
951
951
951
951
951
951
951
951
951
951
951
951
951
951
951
951
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901

Identification
Location Structure Face
7
FM-7
7-27
7
FM-7
7-28
7
FM-7
7-29
7
FM-7
7-30
8
FM-8
8-31
8
FM-8
8-32
9
FM-9
9-33
9
FM-9
9-34
9
FM-9
9-35
9
FM-9
9-36
10
FM-10
10-37
10
FM-10
10-38
10
FM-10
10-39
10
FM-10
10-40
11
FM-CAV1 11-41
11
FM-CAV1 11-42
11
FM-CAV1 11-43
11
FM-CAV1 11-44
11
FM-CAV1 11-45
11
FM-CAV1 11-46
12
L-1
12-47
12
L-1
12-48
12
L-1
12-49
12
L-1
12-50
13
L-2
13-51
13
L-2
13-52
13
L-2
13-53
13
L-2
13-54
14
L-3
14-55
14
L-3
14-56
14
L-3
14-57
14
L-3
14-58
15
L-4
15-59
15
L-4
15-60
15
L-4
15-61
15
L-4
15-62
16
L-5
16-63
16
L-5
16-64
16
L-5
16-65

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

37
06/30/11
1,901
1,901
1,901
1,901
323
323
304
304
304
304
570
570
304
304
951
951
951
951
1,250
951
570
570
570
570
570
570
570
570
380
380
380
380
380
380
380
380
494
494
494

38
07/31/11
1,901
1,901
1,901
1,901
323
323
304
304
304
304
570
570
304
304
951
951
951
951
1,250
951
570
570
570
570
570
570
570
570
380
380
380
380
380
380
380
380
494
494
494

39
08/31/11
1,901
1,901
1,901
1,901
323
323
304
304
304
304
570
570
304
304
951
951
951
951
1,250
951
570
570
570
570
570
570
570
570
380
380
380
380
380
380
380
380
494
494
494

40
09/30/11
1,901
1,901
1,901
1,901
323
323
304
304
304
304
570
570
304
304
951
951
951
951
1,250
951
570
570
570
570
570
570
570
570
380
380
380
380
380
380
380
380
494
494
494

41
10/31/11
1,901
1,901
1,901
1,901
323
323
304
304
304
304
570
570
304
304
951
951
951
951
1,250
951
570
570
570
570
570
570
570
570
380
380
380
380
380
380
380
380
494
494
494

Year 4
42
43
11/30/11
12/31/11
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
323
323
323
323
304
304
304
304
304
304
304
304
570
570
570
570
304
304
304
304
951
951
951
951
951
951
951
951
1,250
951
951
951
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
380
380
380
380
380
380
380
380
380
380
380
380
380
380
380
380
494
494
494
494
494
494

44
01/31/12
1,901
1,901
1,901
1,901
323
323
304
304
304
304
570
570
304
304
951
951
951
951
951
951
570
570
570
570
570
570
570
570
380
380
380
380
380
380
380
380
494
494
494

45
02/29/12
1,901
1,901
1,901
1,901
323
323
304
304
304
304
570
570
304
304
951
951
951
951
951
951
570
570
570
570
570
570
570
570
380
380
380
380
380
380
380
380
494
494
494

Identification
Location Structure Face
16
L-5
16-66
17
L-6
17-67
17
L-6
17-68
17
L-6
17-69
17
L-6
17-70
18
L-7
18-71
18
L-7
18-72
18
L-7
18-73
18
L-7
18-74
19
L-8
19-75
19
L-8
19-76
19
L-8
19-77
19
L-8
19-78
20
L-9
20-79
20
L-9
20-80
20
L-9
20-81
20
L-9
20-82
21
L-10
21-83
21
L-10
21-84
21
L-10
21-85
21
L-10
21-86
22
L-11
22-87
22
L-11
22-88
22
L-11
22-89
22
L-11
22-90
23
L-12
23-91
23
L-12
23-92
23
L-12
23-93
23
L-12
23-94
24
L-13
24-95
24
L-13
24-96
24
L-13
24-97
24
L-13
24-98
25
L-14
25-99
25
L-14
25-100
25
L-14
25-101
25
L-14
25-102

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

37
06/30/11
494
570
570
570
570
608
608
456
456
837
837
685
685
761
761
608
608
951
951
951
1,369
761
761
608
608
761
761
608
608
761
761
608
608
761
761
608
608

38
07/31/11
494
570
570
570
570
608
608
456
456
837
837
685
685
761
761
608
608
951
951
951
1,369
761
761
608
608
761
761
608
608
761
761
608
608
761
761
608
608

39
08/31/11
494
570
570
570
570
608
608
456
456
837
837
685
685
761
761
608
608
951
951
951
1,369
761
761
608
608
761
761
608
608
761
761
608
608
761
761
608
608

40
09/30/11
494
570
570
570
570
608
608
456
456
837
837
685
685
761
761
608
608
951
951
951
1,369
761
761
608
608
761
761
608
608
761
761
608
608
761
761
608
608

41
10/31/11
494
570
570
570
570
608
608
456
456
837
837
685
685
761
761
608
608
951
951
951
1,369
761
761
608
608
761
761
608
608
761
761
608
608
761
761
608
608

Year 4
42
43
11/30/11
12/31/11
494
494
570
570
570
570
570
570
570
570
608
608
608
608
456
456
456
456
837
837
837
837
685
685
685
685
761
761
761
761
608
608
608
608
951
951
951
951
951
951
1,369
1,369
761
761
761
761
608
608
608
608
761
761
761
761
608
608
608
608
761
761
761
761
608
608
608
608
761
761
761
761
608
608
608
608

44
01/31/12
494
570
570
570
570
608
608
456
456
837
837
685
685
761
761
608
608
951
951
951
1,369
761
761
608
608
761
761
608
608
761
761
608
608
761
761
608
608

45
02/29/12
494
570
570
570
570
608
608
456
456
837
837
685
685
761
761
608
608
951
951
951
1,369
761
761
608
608
761
761
608
608
761
761
608
608
761
761
608
608

Identification
Location Structure Face
26
L-15
26-103
26
L-15
26-104
26
L-15
26-105
26
L-15
26-106
26
L-15
26-107
26
L-15
26-108
27
L-16
27-109
27
L-16
27-110
27
L-16
27-111
27
L-16
27-112
28
L-17
28-113
28
L-17
28-114
28
L-17
28-115
28
L-17
28-116
28
L-17
28-117
28
L-17
28-118
29
L-18
29-119
29
L-18
29-120
29
L-18
29-121
29
L-18
29-122
30
L-19
30-123
30
L-19
30-124
30
L-19
30-125
30
L-19
30-126
30
L-19
30-127
30
L-19
30-128
31
L-20
31-129
31
L-20
31-130
31
L-20
31-131
31
L-20
31-132
32
L-21
32-133
32
L-21
32-134
33
L-22
33-135
33
L-22
33-136
33
L-22
33-137
33
L-22
33-138
34
L-23
34-139
34
L-23
34-140
35
L-24
35-141

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

37
06/30/11
837
837
837
837
837
837
1,521
951
951
951
951
951
1,250
951
951
951
608
608
608
608
608
608
608
608
608
608
532
532
456
456
1,521
1,673
1,141
1,141
1,141
1,673
1,521
1,673
1,141

38
07/31/11
837
837
837
837
837
837
1,521
951
951
951
951
951
1,250
951
951
951
608
608
608
608
608
608
608
608
608
608
532
532
456
456
1,521
1,673
1,141
1,141
1,141
1,673
1,521
1,673
1,141

39
08/31/11
837
837
837
837
837
837
1,521
951
951
951
951
951
1,250
951
951
951
608
608
608
608
608
608
608
608
608
608
532
532
456
456
1,521
1,673
1,141
1,141
1,141
1,673
1,521
1,673
1,141

40
09/30/11
837
837
837
837
837
837
1,521
951
951
951
951
951
1,250
951
951
951
608
608
608
608
608
608
608
608
608
608
532
532
456
456
1,521
1,673
1,141
1,141
1,141
1,673
1,521
1,673
1,141

41
10/31/11
837
837
837
837
837
837
1,521
951
951
951
951
951
1,250
951
951
951
608
608
608
608
608
608
608
608
608
608
532
532
456
456
1,521
1,673
1,141
1,141
1,141
1,673
1,521
1,673
1,141

Year 4
42
43
11/30/11
12/31/11
837
837
837
837
837
837
837
837
837
837
837
837
1,521
1,521
951
951
951
951
951
951
951
951
951
951
1,250
951
951
951
951
951
951
951
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
532
532
532
532
456
456
456
456
1,521
1,521
1,673
1,673
1,141
1,141
1,141
1,141
1,141
1,141
1,673
1,673
1,521
1,521
1,673
1,673
1,141
1,141

44
01/31/12
837
837
837
837
837
837
1,521
951
951
951
951
951
951
951
951
951
608
608
608
608
608
608
608
608
608
608
532
532
456
456
1,521
1,673
1,141
1,141
1,141
1,673
1,521
1,673
1,141

45
02/29/12
837
837
837
837
837
837
1,521
951
951
951
951
951
951
951
951
951
608
608
608
608
608
608
608
608
608
608
532
532
456
456
1,521
1,673
1,141
1,141
1,141
1,673
1,521
1,673
1,141

Identification
Location Structure Face
35
L-24
35-142
35
L-24
35-143
35
L-24
35-144
36
L-25
36-145
36
L-25
36-146
36
L-25
36-147
36
L-25
36-148
37
L-26
37-149
37
L-26
37-150
38
K-10
38-151
38
K-10
38-152
39
K-20
39-153
39
K-20
39-154
39
K-20
39-155
39
K-20
39-156
40
K-30
40-157
40
K-30
40-158
40
K-30
40-159
40
K-30
40-160

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

37
06/30/11
1,141
1,141
1,901
1,901
1,141
1,141
1,141
761
570
647
647
951
951
1,046
1,046
1,369
1,369
2,282
2,282

38
07/31/11
1,141
1,141
1,901
1,901
1,141
1,141
1,141
761
570
647
647
951
951
1,046
1,046
1,369
1,369
2,282
2,282

39
08/31/11
1,141
1,141
1,901
1,901
1,141
1,141
1,141
761
570
647
647
951
951
1,046
1,046
1,369
1,369
2,282
2,282

40
09/30/11
1,141
1,141
1,901
1,901
1,141
1,141
1,141
761
570
647
647
951
951
1,046
1,046
1,369
1,369
2,282
2,282

41
10/31/11
1,141
1,141
1,901
1,901
1,141
1,141
1,141
761
570
647
647
951
951
1,046
1,046
1,369
1,369
2,282
2,282

Year 4
42
43
11/30/11
12/31/11
1,141
1,141
1,141
1,141
1,901
1,901
1,901
1,901
1,141
1,141
1,141
1,141
1,141
1,141
761
761
570
570
647
647
647
647
951
951
951
951
1,046
1,046
1,046
1,046
1,369
1,369
1,369
1,369
2,282
2,282
2,282
2,282

44
01/31/12
1,141
1,141
1,901
1,901
1,141
1,141
1,141
761
570
647
647
951
951
1,046
1,046
1,369
1,369
2,282
2,282

45
02/29/12
1,141
1,141
1,901
1,901
1,141
1,141
1,141
761
570
647
647
951
951
1,046
1,046
1,369
1,369
2,282
2,282

Identification
Location Structure Face
41
K-40
41-161
41
K-40
41-162
41
K-40
41-163
41
K-40
41-164
41
K-40
41-165
41
K-40
41-166
42
K-50
42-167
42
K-50
42-168
42
K-50
42-169
42
K-50
42-170
43
FNWA-1 43-171
43
FNWA-1 43-172
43
FNWA-1 43-173
43
FNWA-1 43-174
43
FNWA-1 43-175
43
FNWA-1 43-176
44
FNWA-2 44-177
44
FNWA-2 44-178
44
FNWA-2 44-179
44
FNWA-2 44-180
44
FNWA-2 44-181
44
FNWA-2 44-182
45
FNWA-3 45-183
45
FNWA-3 45-184
45
FNWA-3 45-185
45
FNWA-3 45-186
45
FNWA-3 45-187
45
FNWA-3 45-188
46
FNWA-4 46-189
46
FNWA-4 46-190
46
FNWA-4 46-191
46
FNWA-4 46-192
46
FNWA-4 46-193
46
FNWA-4 46-194
47
FNWA-5 47-195
47
FNWA-5 47-196
48
FNWA-6 48-197
48
FNWA-6 48-198
49
FNWA-7 49-199

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

37
06/30/11
608
608
608
608
608
608
494
570
570
570
608
608
608
608
608
608
532
532
532
532
532
532
570
570
570
570
570
570
570
570
570
570
570
570
685
685
685
685
608

38
07/31/11
608
608
608
608
608
608
494
570
570
570
608
608
608
608
608
608
532
532
532
532
532
532
570
570
570
570
570
570
570
570
570
570
570
570
685
685
685
685
608

39
08/31/11
608
608
608
608
608
608
494
570
570
570
608
608
608
608
608
608
532
532
532
532
532
532
570
570
570
570
570
570
570
570
570
570
570
570
685
685
685
685
608

40
09/30/11
608
608
608
608
608
608
494
570
570
570
608
608
608
608
608
608
532
532
532
532
532
532
570
570
570
570
570
570
570
570
570
570
570
570
685
685
685
685
608

41
10/31/11
608
608
608
608
608
608
494
570
570
570
608
608
608
608
608
608
532
532
532
532
532
532
570
570
570
570
570
570
570
570
570
570
570
570
685
685
685
685
608

Year 4
42
43
11/30/11
12/31/11
608
608
608
608
608
608
608
608
608
608
608
608
494
494
570
570
570
570
570
570
608
608
608
608
608
608
608
608
608
608
608
608
532
532
532
532
532
532
532
532
532
532
532
532
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
570
685
685
685
685
685
685
685
685
608
608

44
01/31/12
608
608
608
608
608
608
494
570
570
570
608
608
608
608
608
608
532
532
532
532
532
532
570
570
570
570
570
570
570
570
570
570
570
570
685
685
685
685
608

45
02/29/12
608
608
608
608
608
608
494
570
570
570
608
608
608
608
608
608
532
532
532
532
532
532
570
570
570
570
570
570
570
570
570
570
570
570
685
685
685
685
608

Identification
Location Structure Face
49
FNWA-7 49-200
50
FNWA-8 50-201
50
FNWA-8 50-202
51
FNWA-9 51-203
51
FNWA-9 51-204
51
FNWA-9 51-205
51
FNWA-9 51-206
51
FNWA-9 51-207
51
FNWA-9 51-208
52
FNWA-10 52-209
52
FNWA-10 52-210
53
FNWA-11 53-211
53
FNWA-11 53-212
54
FNWA-12 54-213
54
FNWA-12 54-214
54
FNWA-12 54-215
54
FNWA-12 54-216
55
FNWA-13 55-217
55
FNWA-13 55-218
55
FNWA-13 55-219
55
FNWA-13 55-220

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

37
06/30/11
608
1,293
456
570
570
570
570
570
570
608
456
1,673
1,901
1,141
1,141
761
761
1,369
1,369
1,521
1,521

38
07/31/11
608
1,293
456
570
570
570
570
570
570
608
456
1,673
1,901
1,141
1,141
761
761
1,369
1,369
1,521
1,521

39
08/31/11
608
1,293
456
570
570
570
570
570
570
608
456
1,673
1,901
1,141
1,141
761
761
1,369
1,369
1,521
1,521

40
09/30/11
608
1,293
456
570
570
570
570
570
570
608
456
1,673
1,901
1,141
1,141
761
761
1,369
1,369
1,521
1,521

41
10/31/11
608
1,293
456
570
570
570
570
570
570
608
456
1,673
1,901
1,141
1,141
761
761
1,369
1,369
1,521
1,521

Year 4
42
43
11/30/11
12/31/11
608
608
1,293
1,293
456
456
570
570
570
570
570
570
570
570
570
570
570
570
608
608
456
456
1,673
1,673
1,901
1,901
1,141
1,141
1,141
1,141
761
761
761
761
1,369
1,369
1,369
1,369
1,521
1,521
1,521
1,521

44
01/31/12
608
1,293
456
570
570
570
570
570
570
608
456
1,673
1,901
1,141
1,141
761
761
1,369
1,369
1,521
1,521

45
02/29/12
608
1,293
456
570
570
570
570
570
570
608
456
1,673
1,901
1,141
1,141
761
761
1,369
1,369
1,521
1,521

Identification
Location Structure Face
56
FNWA-14 56-221
56
FNWA-14 56-222
56
FNWA-14 56-223
56
FNWA-14 56-224
57
FOA-1
57-225
57
FOA-1
57-226
57
FOA-1
57-227
57
FOA-1
57-228
58
FOA-2
58-229
58
FOA-2
58-230
58
FOA-2
58-231
58
FOA-2
58-232
59
FOA-3
59-233
59
FOA-3
59-234
60
FOA-4
60-235
60
FOA-4
60-236
60
FOA-4
60-237
60
FOA-4
60-238
61
FOA-5
61-239
61
FOA-5
61-240
61
FOA-5
61-241
61
FOA-5
61-242
62
FNWA-15 62-243
62
FNWA-15 62-244
62
FNWA-15 62-245
62
FNWA-15 62-246
63
FNWA-16 63-247
63
FNWA-16 63-248
63
FNWA-16 63-249
63
FNWA-16 63-250
64
FNWA-17 64-251
64
FNWA-17 64-252
64
FNWA-17 64-253
64
FNWA-17 64-254
65
FNWA-18 65-255
65
FNWA-18 65-256
65
FNWA-18 65-257
65
FNWA-18 65-258
65
FNWA-18 65-259

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt

37
06/30/11
1,901
1,901
1,901
1,521
1,711
1,673
1,141
1,141
1,673
1,673
1,141
1,141
342
304
285
285
266
266
304
304
418
418
1,521
1,521
1,141
1,141
1,521
1,521
1,141
1,141
1,521
1,521
1,141
1,141
1,521
1,521
1,521
1,521
1,521

38
07/31/11
1,901
1,901
1,901
1,521
1,711
1,673
1,141
1,141
1,673
1,673
1,141
1,141
342
304
285
285
266
266
304
304
418
418
1,521
1,521
1,141
1,141
1,521
1,521
1,141
1,141
1,521
1,521
1,141
1,141
1,521
1,521
1,521
1,521
1,521

39
08/31/11
1,901
1,901
1,901
1,521
1,711
1,673
1,141
1,141
1,673
1,673
1,141
1,141
342
304
285
285
266
266
304
304
418
418
1,521
1,521
1,141
1,141
1,521
1,521
1,141
1,141
1,521
1,521
1,141
1,141
1,521
1,521
1,521
1,521
1,521

40
09/30/11
1,901
1,901
1,901
1,521
1,711
1,673
1,141
1,141
1,673
1,673
1,141
1,141
342
304
285
285
266
266
304
304
418
418
1,521
1,521
1,141
1,141
1,521
1,521
1,141
1,141
1,521
1,521
1,141
1,141
1,521
1,521
1,521
1,521
1,521

41
10/31/11
1,901
1,901
1,901
1,521
1,711
1,673
1,141
1,141
1,673
1,673
1,141
1,141
342
304
285
285
266
266
304
304
418
418
1,521
1,521
1,141
1,141
1,521
1,521
1,141
1,141
1,521
1,521
1,141
1,141
1,521
1,521
1,521
1,521
1,521

Year 4
42
43
11/30/11
12/31/11
1,901
1,901
1,901
1,901
1,901
1,901
1,521
1,521
1,711
1,711
1,673
1,673
1,141
1,141
1,141
1,141
1,673
1,673
1,673
1,673
1,141
1,141
1,141
1,141
342
342
304
304
285
285
285
285
266
266
266
266
304
304
304
304
418
418
418
418
1,521
1,521
1,521
1,521
1,141
1,141
1,141
1,141
1,521
1,521
1,521
1,521
1,141
1,141
1,141
1,141
1,521
1,521
1,521
1,521
1,141
1,141
1,141
1,141
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521

44
01/31/12
1,901
1,901
1,901
1,521
1,711
1,673
1,141
1,141
1,673
1,673
1,141
1,141
342
304
285
285
266
266
304
304
418
418
1,521
1,521
1,141
1,141
1,521
1,521
1,141
1,141
1,521
1,521
1,141
1,141
1,521
1,521
1,521
1,521
1,521

45
02/29/12
1,901
1,901
1,901
1,521
1,711
1,673
1,141
1,141
1,673
1,673
1,141
1,141
342
304
285
285
266
266
304
304
418
418
1,521
1,521
1,141
1,141
1,521
1,521
1,141
1,141
1,521
1,521
1,141
1,141
1,521
1,521
1,521
1,521
1,521

Identification
Location Structure Face
65
FNWA-18 65-260
66
FNWA-19 66-261
66
FNWA-19 66-262
66
FNWA-19 66-263
66
FNWA-19 66-264
66
FNWA-19 66-265
66
FNWA-19 66-266
67
FNWA-20 66-267
67
FNWA-20 66-268
67
FNWA-20 66-269
67
FNWA-20 66-270
67
FNWA-20 66-271
67
FNWA-20 66-272

Status
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt

37
06/30/11
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521

38
07/31/11
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521

39
08/31/11
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521

40
09/30/11
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521

41
10/31/11
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521

Year 4
42
43
11/30/11
12/31/11
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521

44
01/31/12
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521

45
02/29/12
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521

$ 261,138 $ 261,138 $ 261,138 $ 261,138 $ 261,138 $ 261,138 $ 260,540 $ 260,540 $ 260,540


37
38
39
40
41
42
43
44
45

Target Media Revenue Projection Detail

Occupancy
Year 1
Year 2
Year 3
Year 4
66%
66%
66%
66%
Rate Growth
Year 1
Year 2
Year 3
Year 4
N/A
5%
5%
5%

Year 4
Identification
Location Structure Face
1
FM-1
1-1
1
FM-1
1-2
1
FM-1
1-3
1
FM-1
1-4
2
FM-2
2-5
2
FM-2
2-6
2
FM-2
2-7
2
FM-2
2-8
2
FM-2
2-9
2
FM-2
2-10
3
FM-3
3-11
3
FM-3
3-12
3
FM-3
3-13
3
FM-3
3-14
4
FM-4
4-15
4
FM-4
4-16
4
FM-4
4-17
4
FM-4
4-18
5
FM-5
5-19
5
FM-5
5-20
5
FM-5
5-21
5
FM-5
5-22
6
FM-6
6-23
6
FM-6
6-24
6
FM-6
6-25
6
FM-6
6-26

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

46
47
48
03/31/12 04/30/12 05/31/12
$
570 $
570 $
570
570
570
570
570
570
570
570
570
570
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
608
1,369
1,369
1,369
951
951
951
951
951
951
951
951
951
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
4,564
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,369
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901
1,901

Year 4
Identification
Location Structure Face
7
FM-7
7-27
7
FM-7
7-28
7
FM-7
7-29
7
FM-7
7-30
8
FM-8
8-31
8
FM-8
8-32
9
FM-9
9-33
9
FM-9
9-34
9
FM-9
9-35
9
FM-9
9-36
10
FM-10
10-37
10
FM-10
10-38
10
FM-10
10-39
10
FM-10
10-40
11
FM-CAV1 11-41
11
FM-CAV1 11-42
11
FM-CAV1 11-43
11
FM-CAV1 11-44
11
FM-CAV1 11-45
11
FM-CAV1 11-46
12
L-1
12-47
12
L-1
12-48
12
L-1
12-49
12
L-1
12-50
13
L-2
13-51
13
L-2
13-52
13
L-2
13-53
13
L-2
13-54
14
L-3
14-55
14
L-3
14-56
14
L-3
14-57
14
L-3
14-58
15
L-4
15-59
15
L-4
15-60
15
L-4
15-61
15
L-4
15-62
16
L-5
16-63
16
L-5
16-64
16
L-5
16-65

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

46
03/31/12
1,901
1,901
1,901
1,901
323
323
304
304
304
304
570
570
304
304
951
951
951
951
951
951
570
570
570
570
570
570
570
570
380
380
380
380
380
380
380
380
494
494
494

47
04/30/12
1,901
1,901
1,901
1,901
323
323
304
304
304
304
570
570
304
304
951
951
951
951
951
951
570
570
570
570
570
570
570
570
380
380
380
380
380
380
380
380
494
494
494

48
05/31/12
1,901
1,901
1,901
1,901
323
323
304
304
304
304
570
570
304
304
951
951
951
951
951
951
570
570
570
570
570
570
570
570
380
380
380
380
380
380
380
380
494
494
494

Year 4
Identification
Location Structure Face
16
L-5
16-66
17
L-6
17-67
17
L-6
17-68
17
L-6
17-69
17
L-6
17-70
18
L-7
18-71
18
L-7
18-72
18
L-7
18-73
18
L-7
18-74
19
L-8
19-75
19
L-8
19-76
19
L-8
19-77
19
L-8
19-78
20
L-9
20-79
20
L-9
20-80
20
L-9
20-81
20
L-9
20-82
21
L-10
21-83
21
L-10
21-84
21
L-10
21-85
21
L-10
21-86
22
L-11
22-87
22
L-11
22-88
22
L-11
22-89
22
L-11
22-90
23
L-12
23-91
23
L-12
23-92
23
L-12
23-93
23
L-12
23-94
24
L-13
24-95
24
L-13
24-96
24
L-13
24-97
24
L-13
24-98
25
L-14
25-99
25
L-14
25-100
25
L-14
25-101
25
L-14
25-102

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

46
03/31/12
494
570
570
570
570
608
608
456
456
837
837
685
685
761
761
608
608
951
951
951
1,369
761
761
608
608
761
761
608
608
761
761
608
608
761
761
608
608

47
04/30/12
494
570
570
570
570
608
608
456
456
837
837
685
685
761
761
608
608
951
951
951
1,369
761
761
608
608
761
761
608
608
761
761
608
608
761
761
608
608

48
05/31/12
494
570
570
570
570
608
608
456
456
837
837
685
685
761
761
608
608
951
951
951
1,369
761
761
608
608
761
761
608
608
761
761
608
608
761
761
608
608

Year 4
Identification
Location Structure Face
26
L-15
26-103
26
L-15
26-104
26
L-15
26-105
26
L-15
26-106
26
L-15
26-107
26
L-15
26-108
27
L-16
27-109
27
L-16
27-110
27
L-16
27-111
27
L-16
27-112
28
L-17
28-113
28
L-17
28-114
28
L-17
28-115
28
L-17
28-116
28
L-17
28-117
28
L-17
28-118
29
L-18
29-119
29
L-18
29-120
29
L-18
29-121
29
L-18
29-122
30
L-19
30-123
30
L-19
30-124
30
L-19
30-125
30
L-19
30-126
30
L-19
30-127
30
L-19
30-128
31
L-20
31-129
31
L-20
31-130
31
L-20
31-131
31
L-20
31-132
32
L-21
32-133
32
L-21
32-134
33
L-22
33-135
33
L-22
33-136
33
L-22
33-137
33
L-22
33-138
34
L-23
34-139
34
L-23
34-140
35
L-24
35-141

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

46
03/31/12
837
837
837
837
837
837
1,521
951
951
951
951
951
951
951
951
951
608
608
608
608
608
608
608
608
608
608
532
532
456
456
1,521
1,673
1,141
1,141
1,141
1,673
1,521
1,673
1,141

47
04/30/12
837
837
837
837
837
837
1,521
951
951
951
951
951
951
951
951
951
608
608
608
608
608
608
608
608
608
608
532
532
456
456
1,521
1,673
1,141
1,141
1,141
1,673
1,521
1,673
1,141

48
05/31/12
837
837
837
837
837
837
1,521
951
951
951
951
951
951
951
951
951
608
608
608
608
608
608
608
608
608
608
532
532
456
456
1,521
1,673
1,141
1,141
1,141
1,673
1,521
1,673
1,141

Year 4
Identification
Location Structure Face
35
L-24
35-142
35
L-24
35-143
35
L-24
35-144
36
L-25
36-145
36
L-25
36-146
36
L-25
36-147
36
L-25
36-148
37
L-26
37-149
37
L-26
37-150
38
K-10
38-151
38
K-10
38-152
39
K-20
39-153
39
K-20
39-154
39
K-20
39-155
39
K-20
39-156
40
K-30
40-157
40
K-30
40-158
40
K-30
40-159
40
K-30
40-160

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

46
03/31/12
1,141
1,141
1,901
1,901
1,141
1,141
1,141
761
570
647
647
951
951
1,046
1,046
1,369
1,369
2,282
2,282

47
04/30/12
1,141
1,141
1,901
1,901
1,141
1,141
1,141
761
570
647
647
951
951
1,046
1,046
1,369
1,369
2,282
2,282

48
05/31/12
1,141
1,141
1,901
1,901
1,141
1,141
1,141
761
570
647
647
951
951
1,046
1,046
1,369
1,369
2,282
2,282

Year 4
Identification
Location Structure Face
41
K-40
41-161
41
K-40
41-162
41
K-40
41-163
41
K-40
41-164
41
K-40
41-165
41
K-40
41-166
42
K-50
42-167
42
K-50
42-168
42
K-50
42-169
42
K-50
42-170
43
FNWA-1 43-171
43
FNWA-1 43-172
43
FNWA-1 43-173
43
FNWA-1 43-174
43
FNWA-1 43-175
43
FNWA-1 43-176
44
FNWA-2 44-177
44
FNWA-2 44-178
44
FNWA-2 44-179
44
FNWA-2 44-180
44
FNWA-2 44-181
44
FNWA-2 44-182
45
FNWA-3 45-183
45
FNWA-3 45-184
45
FNWA-3 45-185
45
FNWA-3 45-186
45
FNWA-3 45-187
45
FNWA-3 45-188
46
FNWA-4 46-189
46
FNWA-4 46-190
46
FNWA-4 46-191
46
FNWA-4 46-192
46
FNWA-4 46-193
46
FNWA-4 46-194
47
FNWA-5 47-195
47
FNWA-5 47-196
48
FNWA-6 48-197
48
FNWA-6 48-198
49
FNWA-7 49-199

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

46
03/31/12
608
608
608
608
608
608
494
570
570
570
608
608
608
608
608
608
532
532
532
532
532
532
570
570
570
570
570
570
570
570
570
570
570
570
685
685
685
685
608

47
04/30/12
608
608
608
608
608
608
494
570
570
570
608
608
608
608
608
608
532
532
532
532
532
532
570
570
570
570
570
570
570
570
570
570
570
570
685
685
685
685
608

48
05/31/12
608
608
608
608
608
608
494
570
570
570
608
608
608
608
608
608
532
532
532
532
532
532
570
570
570
570
570
570
570
570
570
570
570
570
685
685
685
685
608

Year 4
Identification
Location Structure Face
49
FNWA-7 49-200
50
FNWA-8 50-201
50
FNWA-8 50-202
51
FNWA-9 51-203
51
FNWA-9 51-204
51
FNWA-9 51-205
51
FNWA-9 51-206
51
FNWA-9 51-207
51
FNWA-9 51-208
52
FNWA-10 52-209
52
FNWA-10 52-210
53
FNWA-11 53-211
53
FNWA-11 53-212
54
FNWA-12 54-213
54
FNWA-12 54-214
54
FNWA-12 54-215
54
FNWA-12 54-216
55
FNWA-13 55-217
55
FNWA-13 55-218
55
FNWA-13 55-219
55
FNWA-13 55-220

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built

46
03/31/12
608
1,293
456
570
570
570
570
570
570
608
456
1,673
1,901
1,141
1,141
761
761
1,369
1,369
1,521
1,521

47
04/30/12
608
1,293
456
570
570
570
570
570
570
608
456
1,673
1,901
1,141
1,141
761
761
1,369
1,369
1,521
1,521

48
05/31/12
608
1,293
456
570
570
570
570
570
570
608
456
1,673
1,901
1,141
1,141
761
761
1,369
1,369
1,521
1,521

Year 4
Identification
Location Structure Face
56
FNWA-14 56-221
56
FNWA-14 56-222
56
FNWA-14 56-223
56
FNWA-14 56-224
57
FOA-1
57-225
57
FOA-1
57-226
57
FOA-1
57-227
57
FOA-1
57-228
58
FOA-2
58-229
58
FOA-2
58-230
58
FOA-2
58-231
58
FOA-2
58-232
59
FOA-3
59-233
59
FOA-3
59-234
60
FOA-4
60-235
60
FOA-4
60-236
60
FOA-4
60-237
60
FOA-4
60-238
61
FOA-5
61-239
61
FOA-5
61-240
61
FOA-5
61-241
61
FOA-5
61-242
62
FNWA-15 62-243
62
FNWA-15 62-244
62
FNWA-15 62-245
62
FNWA-15 62-246
63
FNWA-16 63-247
63
FNWA-16 63-248
63
FNWA-16 63-249
63
FNWA-16 63-250
64
FNWA-17 64-251
64
FNWA-17 64-252
64
FNWA-17 64-253
64
FNWA-17 64-254
65
FNWA-18 65-255
65
FNWA-18 65-256
65
FNWA-18 65-257
65
FNWA-18 65-258
65
FNWA-18 65-259

Status
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Built
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt

46
03/31/12
1,901
1,901
1,901
1,521
1,711
1,673
1,141
1,141
1,673
1,673
1,141
1,141
342
304
285
285
266
266
304
304
418
418
1,521
1,521
1,141
1,141
1,521
1,521
1,141
1,141
1,521
1,521
1,141
1,141
1,521
1,521
1,521
1,521
1,521

47
04/30/12
1,901
1,901
1,901
1,521
1,711
1,673
1,141
1,141
1,673
1,673
1,141
1,141
342
304
285
285
266
266
304
304
418
418
1,521
1,521
1,141
1,141
1,521
1,521
1,141
1,141
1,521
1,521
1,141
1,141
1,521
1,521
1,521
1,521
1,521

48
05/31/12
1,901
1,901
1,901
1,521
1,711
1,673
1,141
1,141
1,673
1,673
1,141
1,141
342
304
285
285
266
266
304
304
418
418
1,521
1,521
1,141
1,141
1,521
1,521
1,141
1,141
1,521
1,521
1,141
1,141
1,521
1,521
1,521
1,521
1,521

Year 4
Identification
Location Structure Face
65
FNWA-18 65-260
66
FNWA-19 66-261
66
FNWA-19 66-262
66
FNWA-19 66-263
66
FNWA-19 66-264
66
FNWA-19 66-265
66
FNWA-19 66-266
67
FNWA-20 66-267
67
FNWA-20 66-268
67
FNWA-20 66-269
67
FNWA-20 66-270
67
FNWA-20 66-271
67
FNWA-20 66-272

Status
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt
Unbuilt

46
03/31/12
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521

47
04/30/12
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521

48
05/31/12
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521
1,521

$ 260,540 $ 260,540 $ 260,540


46
47
48

Fusion Media
DEAL ANALYSIS

Project:
Division:
Market:

Corporate Approval

Analyst
mab

Target
Domestic Outdoor
CCO Market

Type
Asset Purchase

In: February 27, 2008


Out:
Deadline: March 5, 2008

Management Pro Forma


Rev
2,582,564
Exp
547,564

Competitors:

EBITD

2,035,000

DEP

1,356,667

EBITA

Valuation
Cash
Stock
Capex

Total:

$20,350,000
$00
$00

Market/Branch Manager

678,333

Description:

Key Merits

Key Risks

Financial Summary

Net Revenues

Yr 1

Yr 2

$2,854,077

$3,120,283

Growth %

563,991

577,345

2,290,086

2,542,938

Growth %
Margin %

80.2%

Growth %

Recommendation

595,861

5.7%
3.2%
15.0%

Yr 5

$3,390,904

3.7%

2.4%

EBITDA

Yr 4

$3,235,491

9.3%

Operating Expenses

Assumptions
Revenue Growth Rate
Expense Growth
Discount Rate

Yr 3

###
3.2%

2,639,630

$3,560,450

4.8%

5.0%

639,234
3.5%

###

3.6%

2,921,216

81.5%

81.6%

81.8%

82.0%

11.0%

3.8%

5.1%

5.3%

Economics
NPV
IRR

$1,815,443
17.0%

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