2.  Changed Property Ratio (“CPR”) Clackamas County201320122011201020092008200720062005 Residential (1XX)0.8940.90200.82100.7370 0.6500 0.5550 0.5440 0.6000 0.6840 Comm/Local Ind (2XX)0.9030.90300.88600.8110 0.6120 0.5360 0.5630 0.6470 0.6850 State Industrial (3XX)1.0001.00000.96100.8700 0.6880 0.6470 0.6730 0.7000 0.7550 Multifamily (7XX)0.8070.86700.89900.8830 0.7210 0.6700 0.6730 0.7780 0.8150 Multnomah County201320122011201020092008200720062005 Residential (1XX)0.69720.72790.69310.60400.55150.50460.51590.56970.6150 Comm/Local Ind (2XX)0.56990.54130.48830.45490.44250.43450.46600.50910.5353 State Industrial (3XX)1.0000 0.83760.87500.77540.76491.0000 Multifamily (7XX)0.58370.59980.56440.54200.54610.55000.56390.57090.5934 Washington County201320122011201020092008200720062005 Residential (1XX)0.8220.85100.78700.72000.65800.57700.54300.57200.6970 Comm/Local Ind (2XX)0.7410.71800.65500.60700.54700.52900.57500.60600.6510 State Industrial (3XX)1.0000 Multifamily (7XX)0.6300.67100.68500.67700.62800.59000.64900.69400.7540

3.  Washington Multnomah Clackamas Proforma Income $ 2,345,600 Proforma Expenses $ (703,680) Proforma NOI $ 1,641,920 Base cap rate5.50% Effective tax rate1.26%1.41%1.55% Overall cap rate6.76%6.91%7.05% Real Market Value $ 24,288,757 $ 23,772,800 $ 23,278,171 x CPR0.63000.58370.8070 Max. Assessed Value $ 15,301,917 $ 13,876,183 $ 18,785,484 Assessed value $ 15,301,917 $ 13,876,183 $ 18,785,484 x Actual tax rate2.00%2.41%1.93% Projected taxes $ 306,038.34 $ 334,416.02 $ 361,620.57 Impact of CPR on New Construction

5.  Measure 5 Compression Calculator Property:ABC CorporationFile No.:123456 Account No.:R000000Tax Year:2013-14 Assessed ValueSch. TaxRateM 5 RateTrigger RMVCurrent RMV $3,047,280$19,921.800.00653760.005$3,984,360 Assessed ValueGovt. TaxRateM 5 RateTrigger RMVCurrent RMV $3,047,280$39,843.600.01307510.01$3,984,360 Revised RMVRev. Sch.Rev. Govt. Total Savings/Refund $3,500,000$17,500.00$35,000.00=$7,265.40