JANUARY REPORT 2007
Contact: Mark Stevens
Wal-Mart Real-Estate Division

RE: RUMORS OF POOR SOIL SAMPLES AT THE NEW WAL-MART LOCATION
-No truth to these rumors, the church is still in the process of moving out, their last agreed upon day of the lease is Feb 15th, therefore no construction will commence until after that date.

RE: TRAFFIC STUDY
-Study came back with no major modifications, everything checks out & we will be provided with a copy of the most recent study if we need however there are no major changes.

RE: ON SITE MODIFICATIONS TO GREEN BELTS LANDSCAPE, ETC.
-One change has been made to the S.E corner of the site in regards to the greenbelt by the ball field, additional landscaping will be added to allow for a more scenic greenbelt in an attempt to minimize the visual & audio effects to this area.
-As for the green belt, officially it is to remain 100 feet; however there are some areas that appear to be wider in variance this does not affect the green belt and are not technically part of it.

RE: BANKING LOCATION ON PAD SITE
-No definite commitments, however with WOODFOREST having their management offices just across the street from the site WOODFOREST BANK is at the top of the list.