Final Case Study 0506

c


c
 
  

?

O

    
 OO   
 
     
  O

   
  ?

? ? ? ???? ? ? ? ? ? ? ? ?


? ?
??
 ? ?  ?
? ?
 ? ? ? ?  ? ?   ?? ? ? ? ?   ??? ??
???? ? ?   
 ? 
 ?  ?    ? 
 ? ?

c    ?

c c  

c


c
 
  

?

O

  
  

 
OO 
            ! !"#!$  ,'+& &(-.#(!/0   +(3,+O#4

()+,(.&)#!6#4/001 (+6+&(-.#(! ,'+& &/0%2  ((3
.')/00  9
.'(-.#(!

%&'() !#*+&)+ 12",) 200
5"') 02728/ 0( '#..#(! /% /2::9

 r !&+5+ ,()#!$ )(6" ; #!&+5+ #!3)6+ 36#.##+) +).+& #!( &+<+.(-'+!(3).')#!<#()+)(3 ,'+& &  r ,+-(+6+&-(-.#(!(3 ,'+& &#!/0%2#) 0(  '#..#(!)((-+<+! $(=,(3).'!&+, #.#++>#)#!$).')#),+#'(3      T.P. SCHEME MECHANISM:  r   )+) (=! -.!!#!$ )6,+'+ ((. ( -(<#&+ )#6 #!3)6+  )+<#6+) ?)+<#6+&.!&#!&+<+.(-#!$(-+#-,+.+)(3 ,'+& &   r   )6,+'+ $+!+..4 6(!)#)) (3/20 (%00 6+) @(' ,+ (. .!& + 80209(3,+.!&#)+)+<+&3(- .#6--()+  ? r @(',+ +)+<+&.!&7 2-+ 6+!(3.!&#)+)+<+&3((&)72-+6+!3( (-+! )-6+) -.4 $(!&7 $&+!7 -")7 2  -+ 6+! 3( )(6#. #!3)6+ )6,((.)7&#)-+!)#+)73#+)#(!7- .#6#.#4 +6!&,+++.)(!(')3( -(a -+6+!+)+<#(!)3(

,()#!$  EWS HOUSING FOR THE URBAN POOR:

)-+,+O207000&=+..#!$!#)=++-(-()+& #!,++(3  =) -.!!+&(6('-.++ 4/0 /  YEAR

DWELLING UNITS

/001

A000

/00:

/000

/00A

A000

/00B

A000

/0 0

A000

/0 

A000

/0 /

A000

Total in 7 years

5


7-+)+!6(!)6#(!(3A000!#),) ++!"+!- 4    c    ?

c c  

c

 c 



   

?

To ..  7  ouses e een ons uced nd success3u..  ..oedo e ene3#c# #es ÔE

ISÔ

EVE

PÔE

SI

un#s

e een

SE S

 




T

C
ESE
V I     C  eserves ou   9o3. nd#neachT
chemehroughown.ann#ngscheme mechan#sm


T

C P I & ESI  C es#gn#ng; .ann#ngo3un#sdonehroughconsu.a#on hcp



 



-dpm)

C S ESIÔ
E  C  ork#ngouuan##es;coso3heun#s3orenderpurpose
T

   C 
I E IVI
I
E E
 C Torconsruc#ono3un#sw#hconsruc#ono3#nerna.#n3rasrucure3ac#.##es


T




 
C  !I C 3er -b#dender#ngprocedureconsruc#onconrac#sg#venoheapp.#can?deve.oper


T

" C # I $VE
E E %%I &I
S



T

 ISÔ

ÔE


T '

ÔE

E S

I S

E E I I

IES

C PP %I
I  ) + Cene3#c#ar#esapp.(3orheun#sw#ha..hedea#.s.#kencome7 ork7 *am#.(7 #s#ng
he.erandoher.ega.#n3orma#on


T

CE   PP %I
I  ) ous#ng.eparmenkeepsarecordo3app.#cansw#hcaegory C -. 
/0 1 1 d#sr#bu#ono3 enera.7
 7
7
T7 2


T3

C ÔP
EISE 1   6 "777 C 45 makesa ompuer#sed 5raw3orhe va#.ab.e4n#s
ay )7
ucces3u. pp.#cansareaga#n.#sedasperhe#r8aegory


T9

CS E EE  :   C udaarrangesa.ongerm.oan3orhebene3#c#ar#esanda.soakesacera#namoun ahe#meo3a..omeno3un#

;

CI ÔE
I VEII
I  SYS
EÔ CThehumbpr#nso3bene3#c#ar#esareakenasb#omer#cver#3#ca#onsohaa3erwards here#snoprob.emo3#..ega.occupancy

,


T

 c

  

?

c 
 c   

c


c
 
  

?

ADVANTAGES OF THE EWS HOUSING SCHEMES: r 
 ,()#!$ #! ,'+& & ,+.-) #! +&6#!$ ).') !& )(-) ).' $(=, #! ,+6#4  r   -(<#&+) =+..-.!!+& #!3)6+ 36#.##+) .#"+ =+ )--.47 #!$+7  +.+6#6#47 -<+& +7 )6,((.)7 O(''+6#. +)7 #!$ (& 6(!!+6#<#4 ( ,+ +!+3#6##+)  r  -+)(! 3(' +6(!('#6..4 =+"+ )+6#(! 6! ,<+ ,#) (=! ,()+   ) )#&#*+&+?=#,#!33(& .+.#'#)   r   -(<#&+) ,+ -
  --     =#, !( (,+ .+$. -( .+') !& 6(!)6#(!-( .+')  r +(-.+!++&!(('#$+#! #$ 6#4!&.#<+#!).' r 
3'#.#+)6!+!(4,++!#+$((&+$.+&.#3+!&$((&+!<#(!'+!3++ 3('3#.,;&#7+6  r  .)(!$+)36#.#4(33#!!6+3(6(!)6#(!(3,()+),($, !") ,+)+++! .+.(!)#!#!).'+!)(3  24+)7 =#,6(!&##(!, &(=!-4'+!#)'&+ 4 +!+3#6#4,+#'+(3 (("#!$,+.!& 

             c    ?

c c  

c

c 


   

?

IS  Ô ES  SI P E
     

T
cheme oD   oD  .o reaD sqm?   ecare   ecare? Toa. reao3heT
cheme   Toa. oo3 n#s  eserved.and#n9
D  

 cre

i   P 

  

> > á
 <= ?< @??
?   ?  ?

 Toa. o 3u#.d#ngs 




orey ea#.s  roundE  

oo3un#sperbu#.d#ng 



 u#.-Up reao3 neUn#  

arpe reao3heUn# 

 

sqm sqm

 Toa. oo3Un#s#nFr#shnadham -1 



 Toa. oo3Un#s#nFr#shnadham -2 2976

c

   ?

c 
 c   

c

c 


   

?

á
?
?   ?

  rah.adnagarT
cheme ap
ource  UD )

c

   ?

c 
 c   

c


c
 
  

?

Î?? A???  ? !"#" $#8?-2"*? ( -#*'?7(,

& !56-25--*? &"+&?3)

 ! "#$? %"&'? ()

#4'#*&"'?,0

1?-2' "!?3)3 #$&?-..&/ #$? ?,0 #$&?&' *&"+ #$?),

Chart showing % reservation of Land in the T.P. scheme for Public Purpose including SEWS housing as a social Infrastructure.

c    ?

c c  

c

c 


   

?


YPI   P   ES E I I
S

            
ource 

-D )

c

   ?

c 
 c   

c


c
 
  

?

r ,++!#+-(+6#)6(!)6+&#!'(&.+)(38)(#+& #.&#!$)=#,A&=+..#!$ !#)#!+6,3.((6('-#)#!$(3%/&=+..#!$!#)#!+6, #.&#!$   r 6, &=+..#!$ !# 6(!)#)) (3 /0 )5 ' 6(!)#)#!$ (3 #<#!$ (('7 "#6,+! ,((';O+6 AMENITIES:

,+3(..(=#!$'+!##+)+,++#!,+-(+6    -+!++!)-6+  -+!-<+&)-6+) 
6,((.  O(''+6#. 6('-.+> ,()#!$ ),(-) 3( (<#)#(!)7 6(''!#6#(!7 +&6#(! '+.+6  +#$,#!$  +
--.4 
+=+$+ 
('+#)-(). 

c    ?

c c  

c


c
 
  

?

COST ESTIMATE:

@((!+ .(6"(3%/!#)7   ,+6()(3O(!)6#(!=#,#!+!.. ' #!$
4)+'  )%27:27%%/ )-+
 /0010:  (.O()(3#!$+#!+=#,#!,+.(3(%/!#)  )%27820  (.O()(3
('+#!+=#,#!,+-.(3(%/!#)  )27000   (.O()(3+
--.4.#!+=#,#!,+-.(3(%/!#)  ) 7 %7000   (.O()(3O(!)6#(!(3!+!. (&) =#,#!,+.(3(%/!#) 

):27B20  (.O()(3
++.#$,#,#!,+ .(3(%/!#)  ):27B20  ,++3(+7(.O()(3%/!#)=#,..!3)6+36#.##+)  )%A7 07AA/  

&&##(!.%9 &'#!#)#<+;(,+O,$+)  ) 7 87%/1

Total Cost of 32 units = Rs. 39
25
2 . Therefore
Cost/ Unit = Rs. a
22
2. Cost per Sq.m. (without Infrastructure facilities only with internal plumbing) = Rs. 5353.

(.O()(3F#),!&,'(+6  )1/0/O(+) 

c    ?

c c  

c


c
 
  

?

ALLOTTMENT OF SEWS HOUSING: r

 -+)+!   ,) )(--+& &#)# #!$ 3(') 3( 
 ,()#!$ !& !( !+= --.#6#(!)++$#)++&   r ,+ #!6('+ .#'# 3( 
 6+$(4 -+)(! ),.. + .+)) ,! )%07000 -+ !!' ,+)#)#6)(3-+!&#!$--.#6#(!)+.#)+& +.(=  O   +!+.
O
O ,4)#6..4!--+& (.

O 
 /11: /A / /%8  B  A0 

 r 3 3( ,+ 6(!)6#(! (3 
 ,()#!$7 ).') + +'(<+& ,! ,()+ -+(-.+ +)#&#!$#!,+).'&#+6.4$+),+#,()+#!,()#!$)6,+'+(3  7,+4&( !(,<+($(,($,,+6('-+#)+&.(+4-(6+&+ 

c    ?

c c  

c


c
 
  

?

OTHER INITIATIVES BY AUDA: r r

r

r r

 &(-+& .'#!#'@('=(")4)+'3(6(!)6#(!(3 OO!#)   ,+ ,()#!$ !#) + #$#& +#!3(6+) (> )6+) =,#6, ,) !( (#!) !& #) 5#++)#)!()+#)'#66(!&##(!   .'#!#' 3('=(" #) 6()+33+6#<+ !& .+)) #'+ 6(!)'#!$  .)( $#<+) ,+ #.&#!$<+4$((&3#!#),!&!(!++&(-.)+,+=..)   #!+!!6+(3()+#)+)4!&6.+!.#!+))#).)(6,#+<+&   +(.'#!#'3('=(")6+)+6('-.++&,++(33(&4)-+ 3.((

MAINTANENCE OF THE UNITS: r .#+  )+&('#!#!,+6(.(!#+)#)+.3 !(=! &+!+=#!###<+7 '#!+!!6+6()=,#6,#)!('#!.)'#)6(..+6+&3('+)#&+!)   r !+ 6((&#!#!$ (33#6+ #) --(#!+& 3( +6, ,()#!$ 6(.(!#+) !& =,( #) #! 6(!)!6(!6=#,,+(=!+)  r ,+ '#!+!!6+ 3++ #) &&+& #! ,+ #!).'+! !& ,+ 6( (&#!#!$ (33#6+ #) +)-(!)# .+3(#)6(..+6#(! 

SOCIAL BENEFITS: r

 ..(),()+)#!(#!!'+)(3,) !&)!&=#3+7,+3#)!'+ +#!$,+ =#3+G) ,#) &(+) !( ..(= ,+ ,) !& ( )+.. (33 ,+ -(-+4 =#,( ,+ 6(!)+!  r  ,+ #'+ (3 ..('+!   "+)  -,(($-, (3 ,+ 3'#.4 !& #('+#6 & (3 ,+ (=!+) ,+)+ + <+#3#+& &#!$ 6,+6") 6(!&6+& #'+ ( #'+ 4 #!)-+6()64#!$-( .+ #('+#6'6,#!+)       c    ?

c c  

c


c
 
  

?

CASE STUDY ± 2: RAJATHAN STATE EWS/LIG HOUSING THROUGH AFFORDABLE HOUSING POLICY-2 JAIPUR DEVELOPMENT AUTHORITY

9

 r ),!,)6+! !-(-.#(!(3 :B6(+)=,#6,#)+>-+6+&($(=  (//:6(+)-(/0/   r ,+)+,)6+!,()#!$),($+(3 0:.",!#)!&#6!+6,-( :.",#!/0/ #3,+#))+#)!(++&   r
+.!6,+& H
, ,$# <)(!I(-('(+
?,()#!$,($, -#<+-#6#-#(!  r ),! )+ $+) 7 /27000 ,()+) 3( 
7 7  6+$(4 ( + 6(!)6+&=#,#!,+-+#(&(34+)/00B /0 /  AFFORDABLE HOUSING POLICY (PPP MODEL)  r )-+6#.!(&.$+!646..+& H <)#")#'#+&I=)3('+&=,#6,6('-.++.4 .((")(=&)-.!!#!$7&+<+.(-'+! 7 #&&#!$!&+>+6#(!(3
?!#) ,($, 33(& .+()#!$(.#64   ,+-(.#646('-#)+)(32'(&+.)  !&(4(<#)#(!) /#<++<+.(-+)(!.!&(=!+& 4,+ ' %#<++<+.(-+)(!65#+&.!&  8#<++<+.(-+)(!(<+!'+!!&  2
.'()#!$  (&+.(/7%;8#)+>-.#!+&) +.(=   Model No.2 = Private Developers on land owned by them  
+.+6+&+<+.(-+("+-6(!)6#(!(3
??  3.)(!'#!#'' 2/9(3.!&  #.-
?? 3.)( +,!&+&(<+(,+!(&.$+!64-+  &++'#!+&+)7=,#6,#)..(+&(,+ +!+3#6##+),($,.(+4)4)+'   +<+.(-+#)3++(6(!)6?3.)(!+'#!#!$.!&  
+<+.!6+!#<+)(33++&(&+<+.(-+  

'#!#''(326+.!&#)+5#+& 

     c    ?

c c  

c


c
 
  

?

Model no.3 = Private Developers on acquired land  
+.+6+&&+<+.(-+6!"+-6(!)6#(!(3
??  3.) %(! ,+.!&65#+& 4?     !&=(.& +'&+<#. .+(&+<+.(-+(!-4'+!(36('-+!)#(!!& 65#)##(!6()  09 &'#!#)#(!O,$+)   +<+.(-+,)(,!&(<+,+
??  3.)((&.$+!64-+  &++'#!+&6()  Model No. 4 = Private Developers on Government Land    '"+&(<.!&( +(33++&3++(36()(,+&+<+.(-+( +)+.+6+&

,($,(-+! #&&#!$-(6+))   +<+.(-+),.. +3++()+,++'#!#!$.!&)-+,#)6,(#6+3( +)#&+!#. --()+=#, 093(6(''+6#.)+  +<+.(-+5(#!$'>#''!((3
?? !#)3++(36()(  ?=#..$+,+-(+6 %@('   INCENTIVES TO THE DEVELOPER:   @  ( .+(3,+-+'#))# .+@  

&&##(!.@
6! +6(!<++&#!( =,#6,&+<+.(-+6!)+#!,#)(,+ )6,+'+



&&##(!.02@ 3(#'+.46('-.+#(!(3
?!#) 

 >+!.+<+.(-'+!O,$+) J+(   #.&#!$.! --(<.@++) J+(  

$#6..!&O(!<+)#(!O,$+) J+( 

 @)6" --(<.(3,+(+6 K#,#!%04)  4 6"(3,+@.) 4,+!(&. $+!64(3,+
+(<+++'#!+& #6+#+ ):20?)53(!)-+ #.-+3(
?!& ) 000?)53 3(   r 
K%/2)53%0 B)5' O() )/7807000
-+#.- r K200)538182)5' O() )%7:27000 r  K:00)53120%)5'KO() ):7007000   ,+)#&+)?+)+ 6")+.)(+.>+&-('#!#''%'!
? ,()#!$-.(  c    ?

c c  

c


c
 
  

?

ELIGIBILITY OF THE DEVELOPER:

 #!#''%4+)(3+>-+#+!6+)&+<+.(-+#!#.&#!$(")((&+6(&   (.+=(,(3.),++4+) '#! 09(3-(+66()  
,(.&,<++>+6+&/0 6+(3 +)#&+!#.(O(''+6#.+<+.(-'+!   (
#).)(+.#$# .+  CRITERIAS FOR SELECTION OF AFFORDABLE HOUSING SITE   (-+--(6,



<#. #.#4(3(6. .#6!)-(



<#. #.#4(3+;.+6#6#4

 #'4
6,((.( +!+#6#!#4  #'4+.,O+!+36#.#4!+ 4   AGENCIES INVOLVED IN ANY AFFORDABLE HOUSING PROJECT:  

 ? ? ?

 9? 
?

 ? ?

c    ?

c c  

c


c
 
  

?

FLOW CHART FOR MECHANISM OF THE HOUSING DEVELOPMENT   4 3(!<##(!3(-().)     
,(#)#!$(3(-().) 4      !.#)#!$(3
66+))3.+<+.(-+)3(,+  )6,+'+ 4       (-().3(+<+.(-'+!(3,+)6,+'+ 4  )66+))3.&+<+.(-+(      !<##(!3(,+ (("#!$ ))!6+(3--(<. 4,+
+(<  3(
?3.) 4     
6,+'+( +) '#+&(   4,+ +<+.(-+      --(<.(3(-(). 4  =#,#!%0&4)     O(''+!6+'+!(3=(")#+     !&.#!$(<+,+!#)(      

c    ?

c c  

c


c
 
  

?

TRI-PARTY AGREEMENT:  ,++ #) ! $++'+! &(!+ +=++! )+.+6+& &+<+.(-+7   !& <) #") .#'#+& =,#6, &+3#!+) 6(!&##(!)7 +)-(!)# #.##+) (3 ,+ &+<+.(-+7 5.#4 (3 =(" ; 5.#4(3'+#.))+&!&(.+)(3  !& 
F
#!,+-(+6  TIME ALLOWED FOR COMPLETION OF THE PROJECT:  
?@.)/00!()0 + 
?@.)800!()0/+) 
?@.)100!(); ( <+K0%+)  RESPONSE BY THE DEVELOPERS:  ,($,(,+)+  :2+<+.(-+)) '#+&&+#.+&-(-().)3((&+.(/  12+<+.(-+)
 '#+&&+#.+&-(-().)3((&+.(%;8   Details of Registration Received:  O#4




(.@.)  

 

--.#6#(!)+6+#<+& -#./0 0  
    

#-

21 1

% 1A

888

0//A

80 B

::1

BAA

1:A%

O,")

//:/

8B%

88A

8/ %

BA 

8/B

B2

202

,#=&#

B88

%10

28/

%A81

1A:

8 

B%

/B 

F6,'!

8B1

/AA

B1

AA0

%%8

B

/8

8::

'+

/80

B/

/

288

8B 

/ A

B 

A00

)

/0A

/

/A

88A

A:

2 

A

/21

&#-

/21

/A

8A

8%/

A01

1B0

%8 

A%:

!& (.

0%/

1:8 

/A A

/02B 

:/B%

%8BB

110

/82/



c    ?

c c  

c


c
 
  

?

COST OF UNITS:   
F
  O  O+$(4


   


-+ #.- + %/2 200 100

O(!)6#(! 6()-#&( &+<+.(-+ :20 :20 +6#&+& 4 ,+&+<+.(-+ ( +>6++&#!$ 000)?)53

'(! 6) /80 %:2 100


 )#&4'(! $#<+! 4-))+& (!( +!+3#6#4  020 020 


.+<.+ ..(=+&( + 6,$+& B0 %/2 


(6+  33(& .+()#!$(.#64 /00B   @O   O+$(4


.+ .+ 3#>+& 6)


 

B0 %/2


-+ !6('+ 33(& .+ #.- O+$(4 809 + -?'

%/2 200

0%%00 %%0  :200

%/0 %/0%000

809 6+#.#!$)-+ 

%00 /200

( + 6,$+&3+ !++) ) )#&4 4  000 //00


(6+  33(& .+()#!$-(.#64 /00B 

c    ?

c c  

c


c
 
  

?

OTHER INITIATIVES: Stamp Duty Reduction:  r 
!#  0 )?@.  r !# /2 )?@.  Mandatory Environmental Requirements in any Affordable Housing Scheme:  


 #!+<+)#!$  )+=+ +646.#!$; +)+   29")  =(=,++.+"#!$  Participation of NGO¶s:  r &+!#3#6#(!(3 +!+3#6#43(33(& .+,()#!$   r #<#!$ !3('#(! ( ,+ +!+3#6#4  ( $(<+!'+!G) 33(& .+ ,()#!$ #!###<+)  r +.-#!$,#'?,+#!-(6+'+!;3#..#!$--.#6#(!3(')   

c    ?

c c  

c


c
 
  

?

SWARN-VIHAR RESIDENTIAL SCHEME BY JDA   (6#(! +,!+'#!.7J(!+A7 #-  (.
6,+'+ + 2/18+6+ ? %00A6+   AREA DISTRIBUTION  ?? ?  ?  ??  ? ? 1? ?  ??  ?   ? ? ?  ?

 ? :?

0(,33 ? )

3 ? 303770 ? (  <7(? , ()0?

( 37)? 00003, ? ,,0<37? 73(773?

;? ? 7 ? 7(0? 7 ),? ))0? 70

(6+    

Î?$ ? %$ ?? &$ ? % $  ?  7(;

  , ;

 ?   7;

 7;

 C  ?  (;

  7 ;

1?  3;

B CC B ? 70;

  PLOTS FOR SALE (LOTTERY BASES):  4-+(3.(   O  (.


#*+(3.() 2L/2' /L/ ' 0B> A' 0:L 8' 



((3.() A  A1 2B B0 % 1


.+-#6+)+3#>+&1/00)?)5'@(,++)#&+!#.-.((3+6,6+$(4!&# #))(.&,($,.(+4)4)+'  c    ?

c c  

c

   

c 


?

   
S I ÔE ISÔ   P  SI EVE PÔE
  S  VI                                

N

Deve.opmenandp.ann#ngo3res#den#a.schemeongovKand? D 

..res#den#a.p.osobeso.dhrough.oery

I Lrouphous#ng.osEDed#caed
Pous#ngKandobeg#venose.eced deve.operhroughb#dd#ngprocess

Tr#-ary greemen

D

E

G

sper ode. oFDeve.operw#..consrucgrouphous#ngw#hm#n#mum H9 I J 
and H9KLhous#ngEnerna.n3raDev

Deve.operw#..gehe#ncen#ves

I

D

3erMonsruc#onDeve.operw#..handover
?KL? L- un#sasperquoed andoherose..o33ah#sown

N

I

O

D w#..g#ve
?KLun#sasubs#d# edraeobene3#c#ar#es

c

   ?

c 
 c   

c

c 


   

?




ource  D )       c

   ?

c 
 c   

c


c
 
  

?




(6+    Construction Specifications ?  +),+#6..4&+)#$!+&')+-.!=#,++.#!+&<+!+)   (!& % #.&#!$=#, +#3..4.!&)6-+&6(4&)   6(3#+!&.4$++!&+<+.(-'+!   Facilities as per town planning norms:  ()-#.?)6,((.!++& )+&   ))(-!++& )+&  ")?(-+!)-6+) c    ?



c c  

c


c
 
  

?

COMPARITIVE ANALYSIS OF TWO MODELS FOR AFFORDABLE HOUSING  STATE  GUJARAT RAJASTHAN O#+# !& 65#)##(!    9!& +)+<+&3(   
()#!$  #<+!+<+!#(!#!   (+6  (&+.+6,!#)'    +)#$!(3!#)    O(!)6#(!  
-+6#3#6#(!)  ),++!4)-+6#.   !(&.$+!64M  .#$# #.#4(3   +<+.(-+)  '(!(3!#)   ..(+&  ..('+!+,(&(   +!+3#6##+)  '(!(3#'+)-+!&   3(..('+!  ()#!$3#!!6+   '+6,!#)'( +!+3#6##+)  O()(+<+.(-+    O()(    O()(+!+3#6##+)    !+!.!3)6+   @6#.##+)-(<#&+&  !4(,+!###<+)    c    ?

c c  

c


c
 
  

?

@ O
@((&+.    O()33+6#<+()#!$3( !((7    O(!)6#(!(3 !((()#!$#!+#-,+. +)(3    !& +)+<#(!)3(,+ !(( O)+(3(=!.!!#!$
6,+'+)#! ,'+& &7
6,((.(3.!!#!$7O  @( ),!(&+.   33(& .+()#!$(.#647/00B   #-+<+.(-'+! ,(#4   

c    ?

c c