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Cadman Article 11 Information Survey
[FOR CADMAN TOWERS RESIDENTS ONLY!]

This anonymous survey is bipartisan and strictly for the purpose of identifying Information Satisfaction in the "Pros and Cons" known to Shareholders regarding the Semi-Privatization of Cadman Towers to "Article 11."  This is a strictly anonymous private survey, and your personal information, identity, or individual answers will not be shared with anyone outside of the Attorney General's Office and the Senators from Districts 25 and 26, who are also hereby requested to keep your personal information private.  Three (3) Security Questions are asked below to confirm that only Cadman Shareholders fill out this survey. (Security scores under 60 at the end of the survey will not be accepted as complete surveys. and you will not be allowed to attempt the survey again.)

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* 1. Security Question:  What are the two (2) street address numbers of our Cadman Community

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* 2. Security Question: What is the First Name of your "Superintendent?"

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* 3. Security (Secret) Question: This survey is limited to one (1) survey per apartment.  What is your Apartment Number and Street Name? (Example "Main St, 1A") [Remember, this is fully anonymous; no one will receive this information outside of the Attorney General and the Senate.]

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* 4. Have you read and understood the 250-page Proxy Statement, and are you always comfortable understanding when reading lengthy "legalese' (formal technical legal documents) without ever needing interpretation to understand fully? (Check all that apply)

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* 5. Do you fully understand how the "Flip Tax" will work to sustain affordability in your monthly Maintenance year after year once we convert to Article 11? I.e., How many apartments will have to vacate each year for the flip tax sustainability? What other factors will be required?  Etc.

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* 6. Are you "OK" with affordability unknowns for Cadman being the "First of its kind" experiment in converting to "Article 11 Semi-Privatization?"

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* 7. Do you agree that Shareholders have been given everything we need to know about affordability when Government Subsidies change by moving forward with Semi-Privatization to Article 11?

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* 8. Do you agree that the Regulatory Agreement (the fine print) should be provided before voting along with the permission to do Financial Projections beyond one year?

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* 9. In your opinion, without having had information-sharing for 1+ years, is reading the 250-page legalese Proxy Statement, the past deficiency letters, and a few upcoming informational meetings sufficient for an informed vote for all shareholders?

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* 10. In your experience and opinion, does Cadman Management and Board create detailed enough "Transparency" and allow non-Board-members Open Discussion on all the "Pros and Cons" of leaving Mitchell-Lama for HDFC Article 11 Semi-Privatization?

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