Resolution:2013-2014 Annual Plan

Resolved, that the Board of Trustees hereby approves management's proposed 2013-14 annual plan, which includes $50.1 million of revenues, $50.1 million of spending, with no increase to financial reserves. If, during the year, management anticipates the reserve at each quarter-end will differ materially from the plan, the Board directs management to consult the Chair of the Audit Committee promptly. Reference: Management's currently anticipated quarterly breakdown of this approved annual plan.