Issuu on Google+

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

&855,&8/803DUHQWVDFURVV0DU\ODQG³DQGHVSHFLDOO\LQDIIOXHQW0RQWJRPHU\&RXQW\³DUH VFUDWFKLQJWKHLUKHDGVDWWKHGLVPDOVWDWHRIPDWKSURJUHVVDPRQJVWXGHQWV-XVWSHUFHQWRIQLQWK JUDGHUVLQWKLVRQHFRXQW\SDVVHGDQ$OJHEUDH[DPZKLFKLVDOOWKHVWDUNHUJLYHQWKDWWKHFRXQW\


SULGHVLWVHOIRQPDWKDQGVFLHQFHLQVWUXFWLRQ$VORFDOERDUGVLQWKHVWDWHDUHFRPLQJXSZLWKZD\VWR ILJXUHRXWZKDWQHZSURJUDPVWREX\WKH\VKRXOGORRNWRZDUGWKHVDJHZLVGRPRIWKHVFLHQWLVWVDW 0DWKHPDWLFDOO\&RUUHFWWRJLYHWKHPFOXHVWRWKHQHHGHGWXUQDURXQG0DU\ODQGLVDZDVKLQIX]]\ PDWKVRLW VQRVXUSULVHWKDWHYHQWKHPRVWOLNHO\KLJKSHUIRUPHUVGLGSRRUO\

7KH&HQWHUIRU(GXFDWLRQ5HIRUP 6HYHQWHHQWK6WUHHW1:6XLWHÂ&#x2021;:DVKLQJWRQ'& Â&#x2021;Â&#x2021;)D[ ZZZHGUHIRUPFRPÂ&#x2021;FHU#HGUHIRUPFRP FRS\ULJKWÂ&#x2039;


newswire-5-11-00