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Date
Rule
802.2(c)
Staff
Michael Verne
Response/Comments
Agree only unproductive property adjacent to non-exempt productive property is excluded from this transaction.

Question

From: (redacted)
Sent: Monday, January 10, 2005 3:23 PM
To: Verne, B. Michael
Cc: (redacted)
Subject: Interpretationof 802.2(c)(2)(iii)

Hi Mike - I am hoping for your guidance regarding 802.2(c)(2)(iii):

Our client has several parcels of "unproductive property" that areadjacent to productive property. Can you confirm that unproductive propertyadjacent to productive property that is otherwise exempt (ie unproductiveproperty next to a hotel) would also be exempt.

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