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= CORPORATION ANNUAL REPORT .,(y. •; )l DITAT DEI:.
-- ? & CERTIFICATE OF DISCLOSURE �5.� 2'�0
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DUE ON OR BEFORE
04/18/2004 FYO3-04 FILING FEE $10 .00
The following information is required by A.R.S. §§10-1622 & 10-11622 for all corporations organized pursuant to Arizona Revised
Statutes, Title 10. The Commission's authority to prescribe this form is A.R.S. §§10-121.A. & 10-3121.A.
YOUR REPORT MUST BE SUBMITTED ON THIS ORIGINAL FORM. Make changes or corrections where necessary. Information
for the report should reflect the current status of the corporation. See instructions on page 4 for proper format.
1. -0760926-0
THE TOWN OF ORO VALLEY MUNICIPAL PROPERTY CORPORAT
% KATHRYN E CUVELIER
11000 N LA CANADA
ORO VALLEY AZ 85737 a - IOUfF �.r it•'e�} riE-i �..`g6.iM iffi.
Business Phone: 1 (Business phone is optional.)
State of Domicile: ARIZONA Type of Corporation: NON-PROF
IT
2. Statutory Agent: KATHRYN E CUVELIER Physical Address, If Different.
Mailing Address: 11000 N LA CANADA Physical Address:
City, State, Zip: ORO VALLEY, AZ 85737 City, State, Zip:
Use this box only if appointing a new Statutory Agent
ACC USE ONLY
Fee S If appointing a new statutory agent, the new agent MUST consent to that
appointment by signing below.
Penalty S.
1, (individual)or We, (corporation or limited liability company)having been designated the new Statutory Agent,
Reinstate s do hereby consent to this appointment until my removal or resignation pursuant to law.
Expedite $ -- - -
Signature of new Statutory Agent
Resubmit S
Printed Name of new Statutory Agent
3. Secondary Address:
(Foreign Corporations are
REQUIRED to complete
this section).
4. Check the one category below which best describes the CHARACTER OF BUSINESS of your corporation.
BUSINESS CORPORATIONS NON-PROFIT CORPORATIONS
1.Accounting _20. Manufacturing 1. Charitable
2.Advertising 21. Mining 2. __ Benevolent
_ 3.Aerospace -22. News Media 3. Educational
_ 4.Agriculture _23. Pharmaceutical 4. _ Civic
_ 5.Architecture .^24. Publishing/Printing 5. ._ Political
6.Banking/Finance _25. Ranching/Livestock 6. _ Religious
_ 7.Barbers/Cosmetology . 26. Real Estate 7. _ Social
8.Construction 27. Restaurant/Bar 8. _ Literary
_ 9.Contractor _28. Retail Sales 9. _ Cultural
__10.Credit/Collection _29. Science/Research 10. - Athletic
11.Education _30. Sports/Sporting Events 11. - Science/Research
-12.Engineering __31. Technology(Computers) 12. _ Hospital/Health Care
13.Entertainment __32. Technology(General) 13. _ Agricultural
_14.General Consulting _33. Television/Radio 14. _ Animal Husbandry
_15.Health Care _34. Tourism/Convention Services 15. _ Homeowner's Association
16.Hotel/Motel _35. Transportation 16. - Professional,commercial
__17.Import/Export -36. Utilities industrial or trade association
_ 18.Insurance _37. Veterinary Medicine/Animal Care 17. - Other
19.Legal Services 38. Other
-0760926-0 THE TOWN OF (O VALLEY MUNICIPAL PROPERTY N RPORATION
Page 2
5. CAPITALIZATION: (Business Corporations and Business Trusts are REQUIRED td omtete this section.)
)
Business trusts must indicate the number of transferable certificates held by trustees evidencing their beneficial interest in
the trust estate. Please examine the corporation's original Articles of Incorporation for the amount of shares authorized.
Review all corporation amendments to determine if the original number of shares has changed. Examine the corporation's
minutes for the number of shares issued. Please Print or Type Clearly.
Number of Shares/Certificates Authorized Class Series Within Class (if any)
Number of Shares/Certificates Issued Class Series Within Class (if any)
6. SHAREHOLDERS: (Business Corporations and Business Trusts are REQUIRED to complete this section.)
List shareholders holding more than 20% of any class of shares issued by the corporation, or having more than a 20%
beneficial interest in the corporation. Please Type or Print Clearly.
Name: Name:
NONE 21
Name: Name:
7. OFFICERS Please Type or Print Clearly. You Must List at Least One.
Name: STEVE LUCAS Name: THOMAS VETRANO
Title: PRESIDENT Title: TREASURER
Address: 11000 N. LA CANADA DRIVE Address: 11000 N. LA CANADA DRIVE
ORO VALLEY, ARIZONA 85737 ORO VALLEY, ARIZONA 85737
Date taking office: 12/01/01 Date taking office: 12/01/01
Name: BOB HORN Name:
Title: SECRETARY Title:
Address: 11000 N. LA CANADA DRIVE Address:
ORO VALLEY, ARIZONA 85737
Date taking office: 12/01/03 Date taking office:
8. DIRECTORS Please Type or Print Clearly. You Must List at Least One.
Name: SAME NAMES AS LISTED ABOVE UNDER OFFICEme:
Address: Address:
Date taking office: Date taking office:
Name: Name:
Address: Address:
Date taking office: Date taking office:
Please Enter Corporation Name: MUNI( IL PROPERTY CORPORATION rile number Page 3
9. FINANCIAL DISCLOSURE (A.R.S. §10-11622.A.9)
Nonprofit corporations must attach a financial statement(e.g. income/expense statement, balance sheet including assets, liabilities). All other
forms of corporations are exempt from filing a financial disclosure.
9k MEMBERS (A.R.S. § 10-11622.A.6)
Corporations must answer this question. This corporation DOES T DOES NOT El have members.
Only Nonprofitp
10. CERTIFICATE OF DISCLOSURE (A.R.S. §§10-1622.A.8 & 10-11622.A.7)
Has ANY person serving either by election or appointment as an officer,director,trustee,incorporator and/or person controlling or holding more
than 10%of the issued and outstanding_common shares or 10%of any other proprietary,beneficial or membership interest in the corporation
been: [Underlined portion pertains to business corporations only]
1. Convicted of a felony involving a transaction in securities, consumer fraud or antitrust in any state or federal jurisdiction within the seven
year period immediately preceding the execution of this certificate?
2. Convicted of a felony,the essential elements of which consisted of fraud, misrepresentation,theft by false pretenses or restraint of trade
or monopoly in any state or federal jurisdiction within the seven year period immediately preceding execution of this certificate?
3. Or are subject to an injunction, judgment, decree or permanent order of any state or federal court entered within the seven year period
immediately preceding execution of this certificate where such injunction,judgment,decree or permanent order involved the violation of:
(a) fraud or registration provisions of the securities laws of that jurisdiction, or
(b) the consumer fraud laws of that jurisdiction, or
(c) the antitrust or restraint of trade laws of that jurisdiction?
One box must be marked: YES El NO 7.
If "YES",the following information must be submitted as an attachment to this report for each person subject to one or more
of the actions stated in Items 1. through 3. above.
1. Full name and prior names used. 5. Date and location of birth.
2. Full birth name. 6. Social Security Number
3. Present home address. 7. The nature and description of each conviction or judicial action;
4. Prior addresses (for immediate the date and location;the court and public agency involved,and
preceding 7 year period). the file or cause number of the case.
11. STATEMENT OF BANKRUPTCY, RECEIVERSHIP or CHARTER REVOCATION (A.R.S. §§10-202.D.2, 10-3202.D.2, 10-
1623 & 10-11623)
A) Has the corporation filed a petition for bankruptcy or appointed a receiver? One box must be marked: YES CINO z
B) Has any person serving as an officer, director, trustee or incorporator of the corporation served in any such capacity OR held or controlled
over 20%of the issued and outstanding common shares, or 20%of any other proprietary, beneficial or membership interest in any corporation
which has been placed in bankruptcy, receivership or had its charter revoked, or administratively or judicially dissolved by any state or
jurisdiction?
[Underlinedportion pertains to business corporations only] One box must be marked: YES El NO E
If "YES" to A and/or B, the following information must be submitted as an attachment to this report for each person subject to the
statement above.
1. The names and addresses of each corporation and the person or persons involved. (e.g. officer, director, trustee or major
stockholder)
2. The state in which each corporation was a) incorporated b)transacted business.
3. The dates of corporate operation.
4. If any involved person (listed in #1) has been involved in any other bankruptcy proceeding within the past year, the name and
address of each corporation.
5. Date, Case number and Court where the bankruptcy was filed or receiver appointed.
6. Name and address of court appointed receiver.
12. SIGNATURES: Annual Reports must be signed and dated by at least one duly authorized officer or they will be rejected.
I declare, under penalty of law that all corporate income tax returns required by Title 43 of the Arizona Revised Statutes have been
filed with the Arizona Department of Revenue. I further declare under penalty of law that I (we) have examined this report and the
certificate, including any attachments, and to the best of my(our) knowledge and belief they are true, correct and complete.
Name STEVE LUCAS Date 3 iin-o Name BOB HORN Date z--6-01
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SignatureS-;') g r
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Title PRESIDENT Title SECRETARY
(Signator(s) must be duly authorized corporate officer(s) listed in section 7 of this report.)
Annual Report instruction 5neet-N /-ku Nit! I-'LCHbC I-ULLUVV I I-1C5E UIKL U I IUNb! r-cLY
This is the instruction sheet for the ann -eporting process for all corporations doing siness in Arizona. Every corporation must
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submit an annual report once a year. 1 nis annual report must be correctly filled out and submitted by assigned assi ned due date or
the corporation may be administratively dissolved or have its authority revoked by the State of Arizona. This is the only notice
you will receive. According to A.R.S. §10-1622.F, penalties accrue on business corporation annual reports which are submitted
late (after the due date). Corporations must use the annual report form prescribed by the Corporation Commission. No other
format is allowed.
Please verify the business address and statutory agent and agent address information on page one. Strike out incorrect
information. Correct information should be legibly written above or to the side of struck, incorrect information. Complete the
remainder of the form - use the corporation's original articles of incorporation, amendment documents and corporate minutes as
guides for the stock questions. IMPORTANT:The entirety of this document is public record, including addresses cited.*Use black
or blue ink.
❑ Section 1. All corporations must state their name,address,zip code,domicile state,and type(e.g., non rofit business,sole,
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professional, business trust). Please list a business phone number.
❑ Section 2. All corporations must state the name and address of the current Statutory corporation.Agent for the oration. Correct
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information about the Statutory Agent is vital to the legitimate authority and status of the corporation. The statutory agent
ent
must provide both a physical and mailing address. If statutory agent has a P.O. Box, then they must provide a physical
description of their street address/location. New Statutory Agents must consent to their appointment by signing the
9 g
appropriate line. A corporation must amend their records at the Commission anytime the Statutory Agent is changed or
whenever the Agent's designated mailing address changes. Do not sign in the space provided, unless you area appointing
a new agent.
pp
❑ Section 3. Foreign (out-of-state/country) corporations must state their known place of business in this state and in the
jurisdiction in which they are incorporated. List the primary address in Section 1, and the secondary address in Section 3.
❑ Section 4. All corporations must check the category that best describes the character of their corporation in the applicable
business or nonprofit corporation area.
El Section 5. All business corporations must indicate the number of shares which they have authorized and issued, the class
and series. All business trusts must indicate the number of transferable certificates held by trustees.
❑ Section 6. All business corporations must indicate the list of applicable shareholders.
❑ Section 7. Please list all principal officers. All corporations must have at least one duly authorized officer, with address.
❑ Section 8. Please list all directors. All corporations must have at least one director per A.R.S. §§10-803.A & 10-3803.A.
❑ Section 9. All Nonprofit corporations must file a financial disclosure statement. Nonprofit corporations meet their
obligation by attaching one of the following documents: 1) Their most recent copy of Page 2, Form 99 filed with the Arizona
Department of Revenue; OR 2) A copy of the corporation's Charitable Organization Financial Statement as filed with the
Arizona Secretary of State pursuant to A.R.S. §44-6552; OR 3) A copy of the corporation's Treasurer's Report/Financial
Statement prepared for the current fiscal year; OR 4) A copy of the financial statement prepared for the corporation's
members; OR 5) A statement that the corporation conducted no business in Arizona in the past year. All other types of
corporations are exempt from filing a financial disclosure. All Nonprofit Corporations must also indicate whether or not
the corporation has members.
❑ Section 10. All corporations must check either YES or NO in the Certificate of Disclosure. Those who check the"YES"box
must supply the attachment required as explained in section 10.
❑ Section 11. All corporations must check either YES or NO in the Statement of Bankruptcy, Receivership or Charter
Revocation (both A and B). Those who check the "YES" box must supply the attachment required as explained in section
11.
❑ Section 12. Al! corporations must read the declarations in this section. If they have complied, and if they have completed
the Annual Report, then thea applicable officers listed in section 7 must acknowledge by signing and datingthe report.
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❑ Sign, Date & Mail the Check and Annual Report. Business corporations must send $45, Nonprofit corporations $10.
Credit cards are not accepted. Business/profit corporations are subject to penalties if their report is submitted after its
assigned due date. Contact the Annual Report section at 602-542-3285 (Phoenix)or 520-628-6560 (Tucson)or by FAX
at 602-542-0082 for the penalty amount due.
MAKE:CHECK.PAYABLE TO: ARIZONAiCORPORATION:COMMISSI N.. .:
MAIL OR DELIVER TO: c/o Annual Reports' -Corporations- Divi.�i n :.:
so
1300
West
V1l
�ash
. ...... . .. . .
i ngton or 40011�est Congress
::hoenix, AZ 85007-2929 Tucson, AZ. 85701-1347
Seek professional advice from your accountant, attorney, or other knowledgeable source if you need help with any section. The
Commission's web site (www.cc.state.az.us) has more general information about annual reports and reporting requirements.
The Annual Reports Section of the Corporations Division cannot give legal or tax advice, but you may call them with your other
questions regarding this form at (602) 542-3285.
AR:0046
Rev. 12/2003
TOWN OF ORO VALLEY MUNICIPAL PROPERTY CORPORATION
FILE NUMBER 0760926-0
FISCAL YEAR 2002/2003
BALANCE SHEET
ASSETS
Current Assets:
Cash $ 10,421,989
Trade notes and accounts receivable
(less allowance of bad debts) 1,191,107
Inventories -
Other current assets 4,591,469
Total Current Assets $ 16,204,565
Land, buildings and other fixed assets
(net of accumulated depreciation) 39,287,716
Other assets 6,995,281
Total Assets $ 62,487,562
LIABILITIES
Current Liabilities:
Accounts Payable $ 311,674
Mortgages, notes, bonds (payable in less than 1 year) 1,784,532
Other current liabilities 1,498,560
Total Current Liabilities $ 3,594,766
Mortgages, notes, bonds (payable in more than 1 year) 41,536,630
Fund Balances:
Restricted 3,575,789
Unrestricted 13,780,377
Total Fund Balances 17,356,166
Total Liabilities and Fund Balances $ 62,487,562
Avoid Common Mistakes:
• Don't forget to send in the proper fees. Each annual report must be accompanied by the filing fee of $45.00 for
Business/Profit Corporations, $10.00 for Non-Profit Corporations. Make sure the check is properly completed and signed.
The State does not accept checks drawn from non-U.S. banks.
• Penalty amounts must be attached if the report is overdue. Penalties begin to accrue the day after the due date, at a rate of
$9.00 per month for Business/Profit Corporations. Penalties are dictated by law (A.R.S. § 10.1622.G). Corporations are
responsible for their own tardiness. Non-Profit Corporations are not required to pay penalties after January 1, 1999.
• The Certificate of Disclosure must be complete - One box must be checked for section 10, 11A & 11B. Additionally, an
officer of the corporation must verify the information, sign and date the report. See the instructions(p.4,numbers 7 and 12)
for signature requirements.
• Examine your corporation's stated life/duration to make sure it is not in danger of expiring.
• Make sure the Commission's form indicates the correct corporate information for your entity. Corrections and updates to
the annual report form can be made by striking out incorrect data and neatly writing in corrections. Do not use metallic
address stickers because they do not reproduce properly on our imaging system.
Follow These Suggestions to Keep Your Corporation from Being Revoked or Administratively Dissolved:
1. If You Move,Tell Us:
Notify the Commission, via letter or FAX (602)542-3414 of any change to the corporate address. The letter stating
the address change must be executed(signed)by a duly authorized officer. The Commission is prohibited by law from
taking any instruction about the corporate address from the U.S. Postal Service. Mail from the Commission cannot
be forwarded. A.R.S. §§10-501, 10-1507, 10-3501 & 10-11507 require that all Corporations maintain a current
address with the Commission. Corporations with undeliverable addresses are subject to revocation/administrative
dissolution by the Commission. Letters stating corporate address changes are given top priority by the Commission,
while changes on Annual Reports are subject to review and the Division's backlog.
2. If Your Statutory Agent Moves,Tell Us:
Again, statutes require that all corporation Statutory Agents keep a current address with the Commission.The annual
report form now has spaces for both a physical address and mailing address. Strike incorrect addresses and neatly write
the correct addresses below them.
3. Know Your Corporation's Annual Report Due Date So That You Can Submit The Report in a Timely Manner:
All corporations must file an annual report once each year. The new due date for the corporation is printed on the top,
left side of the annual report form. Corporations should receive their blank forms with the file number, name, and
address preprinted approximately two months prior to the corporation's report due date.Contact the Annual Reports
Section of the Corporations Division at 602-542-3285 if your corporation fails to receive an annual report form
in the proper time period. Limited Liability Companies are not required to file an annual report.
4. Use The Annual Report Form Provided by The Commission. Do Not Create Your Own Form-It's Against The
Law-Never change the corporate name,due date,filing number or fee amount printed on the form. Please note:: There
has been a change to page 3 of the annualreport May.2002).002).
5. Precisely Follow the Directions on Page Four of the Annual Report Form:
Use the checklist.
6. Check our web site regularly (www.cc.state.az.us) for legal updates, instructions, or forms. Additionally, the
Legislature's web site (www.azleg.state.az.us) has the complete text of Title 10 (corporation law) and Title 29
(L.L.C. law). Their site also lists bills being considered that affect these two titles.
COMMISSIONERS �Ao
MARC SPITZER-Chairman BRIAN C.MCNEIL
WILLIAM A.MUNDELL Y_fr`- 2 Executive Secretary
JEFF HATCH-MILLER
MIKE GLEASON JOANNE C.MACDONNELL
19y
KRISTIN K.MAYES ARIZONA CORPORATION COMMISSION Director, Corporations Division
1) QUESTION: Are financial disclosures still required?
ANSWER: Business corporations no longer need to submit a
financial disclosure. Only nonprofit corporations must file financial
disclosure forms. See instructions on page four, section 9 of the
QUESTIONS AND -Annual Report. Note: For the purposes
of the Corporation f
Commission, a corporation's own fiscal year is not relevant if they ( ANSWERS:
are no longer required to file a financial disclosure.
ANNUAL REPORTS
2) QUESTION: Why Can't I Use My Own Form?
ANSWER: Pursuant to A.R.S. §§ 10-121.A & 10-3121.A,
Annual Reports,"...shall be made on the forms that are prescribed
and furnished by the commission." Other forms will not work with
our computerized imaging system. In the past, when the Division tried allowing privately generated forms, too many instances
occurred where the public was illegally manipulating the verbiage on the forms(via various omissions and unauthorized changes).
Staff was forced to scrutinize the privately generated Annual Report form word-by-word looking for illegal substitutions or
additions. Incomplete reports were running at over 50%. The errors,problems and delays resulting from the private forms were
enormous. Recent audits of the Corporations Division cited non-commission forms as a major problem and suggested their
elimination. Extra copies of the annual report form are available. They can be picked up, mailed or faxed to corporations. Please
allow 24 hours to process your request.
3) QUESTION: Does the public have access to copies of the annual report?
ANSWER: Yes. The annual report is part of the official public record, including addresses cited. Do not include your social
security number, unless you answer "yes" on the certificate of disclosure on page three of the annual report.
4) QUESTION: Are there certain parts of the annual report form I am not allowed to update?
ANSWER: Yes,a corporation cannot change its annual report due date, fee,filing number, state of domicile or corporate name
on the annual report form. Contact the Commission if you have a problem with any of these areas.
5) QUESTION: The annual report for our corporation was returned to us for a correction. The notice states we have 30
days to make the correction. What if we previously had an extension? Do we get more than 30 days?
ANSWER: NO,A.R.S. §§ 10-1622.E & 10-11622.D state the corrected reports must be"...delivered to the commission within
thirty days after the effective date of the notice, [if] it is deemed to be timely filed." Extensions are only relevant for the initial
report filing,not subsequent correction notices. Business Corporations begin to accrue penalties pursuant to A.R.S. § 10-1622.G.
if the corrections are not made within the 30 day period.
6) QUESTION: What is the annual reports section's phone number?
ANSWER: Phoenix: (602) 542-3285, or FAX (602) 542-0082. Tucson: (520) 628-6560 or FAX (520) 628-6614.
Corporations Beware! :
The Arizona Corporation Commission is NOT affiliated with"The Corporate Compliance liance Center". Watch
out for their mailing. It will look very similar to the Commission's Annual Report Form. Submitting monies
to them is not advised.
1300 WEST WASHINGTON,PHOENIX.ARIZONA 85007-2929/400 WEST CONGRESS STREET.TUCSON.ARIZONA 85701-1347
www.cc.state.az.us-602-542-3135
ARCVLTR
REV:10/03