0000000000-24-010001.txt : 20250305 0000000000-24-010001.hdr.sgml : 20250305 20240904123604 ACCESSION NUMBER: 0000000000-24-010001 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240904 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: CBL & ASSOCIATES PROPERTIES INC CENTRAL INDEX KEY: 0000910612 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 621545718 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD SEC FILE NUMBER: 001-12494 BUSINESS ADDRESS: STREET 1: 2030 HAMILTON PLACE BVLD, SUITE 500 STREET 2: CBL CENTER CITY: CHATTANOOGA STATE: TN ZIP: 37421 BUSINESS PHONE: 4238550001 MAIL ADDRESS: STREET 1: 2030 HAMILTON PLACE BVLD, SUITE 500 STREET 2: CBL CENTER CITY: CHATTANOOGA STATE: TN ZIP: 37421 PUBLIC REFERENCE ACCESSION NUMBER: 0000950170-24-023267 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C<*)>+CS],*-2 P(&]B:@H\/"]&:6QT97(O1FQA=&5$96-O9&4O M3&5N9W1H(#$R-C0^/G-T0"D9"%E 1D@+2B?Z.?V@4@2HILB9K:,_9 !G;?OGW[ #]%:1&# M^RY2,LX@3PG^R',HF^C];4/A2D?_1$_1Y4/T_H8"9? PBY)L'/;&!-=5].:+ M6+2BF0H#Z0A8S-*W#]^CZX>7)_.",#P8%R3U!R^%^LX;J> K@3^Y4++\5YP^ MFTT823)_^,- M., *0OOB>=MRI?4C'\'#)TC&*:.'I]GF-(W'_GB\Y>Y>_'9T2G #0E6B@BM1!C4EU,LI&0H_ MWD*]D34&N!%3TW&S C9Y78^' ;)\/P!\T@3BF+ZC+)TI5AB42O=&22KENH1N*K"7SV! MNJ[UTGU\P$;F?^PTJ#TBU,12T% MLL3/0I(Q$E./9,,C\,4" UA'16"?EZWUY)?2E%UC<0)+-P2+0%TK$ L"7LY7 M(%4X$Z!9,=03EI'DI0HN9H[[H ''[T\A#UHT@J6 AJ^",GA524):);B=;A9GLJ6X"40LM&C MK:0QSE.ROQ>-!&=!!.E42&:M;6<$(%'J4^/4M=MUWZ;SC798V.@9K$/,X@9+/ 0?)9U M;J^&=JG16Z0V^Y<$CIOK,:^M/@\+C7M9'U(@?BQJ+M7.N()L9D8WH,32YT%X M8HFIZ]!@'+*Y+.> MP$PO&0ZBPD=)*3(B#!<6V\/A\-.EK@X(!H-#.UGG6M M WK]HYQSA>VY*-LU[I.ZDB6>6FC3[NSG;$IHD9 X $&;V&?$B$=NJJW3'"$! M_$6PJ6 KE;T"SD.!LMYHU-4[@A-".13):'=#$+C86EV]&JUES]IY(+*L5^II MDM>+_GKTUQ):KZ-.<>/LQ4$VOFM^U':$GH%LP(# @-C$R(#7!E+U!A9V4^/@IE;F1O8FH*,3 @,"!O8FH*/#PO1FEL=&5R M+T9L871E1&5C;V1E+TQE;F=T:" V.3X^WRLT=B-'D&H6 MC@L]#"2J=5K\YX5&+C8>P$LX!:/(61IA3$\EHUG2[6@"<"&T:;D2"/?2;>#U MS044>3'/TODBG1=D]DH'%/C%415]Y,YCA@W?XGDHLN:8-JYHY!:M&ZC5GJ;C M%X'6>E*+]!>(8?R!;Y@> ,^@12N,O(TZ&KG>.%]]'HZT/&;.%W_6DNALJ;'/ M^LB-4S[3GMYH4/13BWO/LS-Z@ ?QI%H_ L3V/P_OHLE87H29^T>O?P@[#C*Z M'V<>B/M;&&(AB=C %27":P7<^!([$@YYVR-TVH02LF\R7.Q^KL !3%6Q*CL8 MT0)O\6ZBTH/$TL##W:>;I+3S@;".SGK2'IC!K<3[67"(4-$I+L*%)S3\UJ)/ MT2DW#E@6&5LV$4ML<;L+A&A>UYU8"8M\P8KJ!U4/5\VO+>H)5^C(T/?B:C-1 MS!WD:3ZGL?."3/& WQEIR4X.[[DQ6N&3,V6^!'D>DXP62[3X>"W@;J*,$RE+ MBJVY"?H=-0/BZHEV-%H)R7M/V6'\S_MBL ]W=."."-"ZC;S.P5(N*Y9%AX\J M7' :9B31NT3X2QM47_43IG6=>S4NM3$2X5_>/Q&BJ>LJ+@;OO_:]S@)"N2^C MO=^U>-;4H@JKNAYD92DDB'W>Q$3;&D[1T)7\JMM"&+'5QH,VH3GT5O M@\YXJE%3L"H"_DB/DY!C>J*1.V^"/? K-576F2FD]7NW;VJR*;@*96YD7!E+U!A9V4^/@IE;F1O8FH*,2 P(&]B:@H\/"]086=E7!E+T-A=&%L;V<^/@IE;F1O8FH*,R P(&]B:@H\/"]!=71H;W(H M;6%R'2N($-O'0@1W)O=7 @3E8I+U1I=&QE*$-"3" F($%34T]#24%415,@ M4%)/4$525$E%4R!)3D,@,3 M2R!,971T97(N<&1F*3X^"F5N9&]B:@HV(# @ M;V)J"CP\+T)A7!E+U1Y<&4Q+U1Y<&4O1F]N=#X^"F5N9&]B:@HW(# @ M;V)J"CP\+T)A7!E+U1Y<&4Q+U1Y<&4O1F]N=#X^"F5N9&]B:@HR(# @ M;V)J"CP\+T-O=6YT(#(O2VED7!E M+TEM86=E+U1Y<&4O6$]B:F5C="]7:61T:" Q-#(X/CYS=')E86T*>)SMG>M5 MXSH41M,"+4P+:6%:H 5:H 5:H 5:H 5:H 5:\#TK>^6L@R0KS@-FAKOW#U9P M9%F6'4OZ?![+(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(O\V M'Q\?[^_O;V]OKZ^O+P>>GY^?#L2'ET(4B&)1.';YTZT6$1$1$1$1D1](RA3/ MS\^/CX_W]_>_#MP=V4W)8NSU^_?OJ.'IZ>GU]55!0T1$1$1$1$0NYNWM[>GI MZ>'A8;_?-P+%KU^_[N_OXZO'U#%$1$1$1$1$9,+' MQP?&%;]__\:L IEBO]_'EMA^$^\/3#B"EY<7A)$\5OR-?],DXX:G)B(B(B(B M(B+_-&]O;X^/C]4H(C['EN?GY^U*!:)$_WG.QX&7EQ>\4;(!^_W^X>$AME]^ M5B(B(B(B(B+RCX-7""XAV#P\/#QLL7F( MAF9$2+_!PU?'Q\W-_?IU=(E(RC MI)M)U32PXJ@UQ[[1@,?'QW148)B(B(B(B(R/^'U]=70FZB/&#AL-U- MX^/C(W9)X8)D(N@5\7_^_T>'0/M(G;!S(-X%\-#1)UQE&PD M&H@*AHB(B(B(B,@/YOW]_?GY.=6 ^_O[/D(FD2C2<"(*#QTW8B_J^?W[]W(0 M0Z)RXE=086RA!HX2'YZ>GMCW\?&1KTBHFBI'U#"44!H1 ^.0+^D@$1$1$1$1 M$?E#?'Q\I'O(KU^_\-U(U8*@$U$@0UZ0^R/^3?VAKY!OHSQ.(@3'B(V(#[$1 M6PN.F#6@8]0ZV1+%HDD4CDIZ=2*JY112>%'!$!$1$1$1$?D!L.3':($L'M70 M LD"XXIJ A&?EZ(_!+WU1=IF/#X^ICI1*X^:TW@CK2FRPAKX(NTW4BU!G2!> M:&,9@ED(,3I4,$1$1$1$1$3^76+)'PO_M+7H@T6\O[^G&0-?1?E,\T&9U!]^ M__[=[%[]2M*.HI:)^C/>)DI%?)O21/4-053![B)M,#)H!I88M3S1,%+!:$* MBHB(B(B(B,C?#\$P6?@WJD5ZBY"<% F"+>_O[RD79)G,6]I8.&2XSMCK_L!R M$#320B.5$&PSJ'^HA)")-,#6HEG.QTH_S3#R*\P;T!:6XK61$D0*"&O:1=03E5!A^IM$82PBTM!B M*=I%'JZ2AAP<*,TP,O[G&GE>T?AA9%$1$1$1$1$1^1O = '#B:$;1:H0Z1C" M2K_F!\E8FBDOI/[0:!>9+H1*")W!O]AOW-_?$\8SBZ7/2-4NR&P2']+ @TBA M>5S$D 9\3)ISQX4D*M^>[U5$1$1$1$1$OH=8R),E9+_?KP5_B 5^QKA(<,>H M$D1&L4#-0*,@!D6M*K6+^)"^&T@BJ! /#P]$"LWM40R[CO@JJXH=L9?(XV:Z MD]J,>NB^$B!/*YV@ 8:(B(B(B(C(WP/F%K%FKZ$M"&D%K)K@/9X?[^/N6+3'%2+3VPCLC*:79*'UA9]%%#\Z12>XF]MO>& MB(B(B(B(B/P1L#1@C=^86V!-T><'60[J!.E'&QL,M(YJ*8%PT1L_Q'%?7U\_ MCDQ:B+%'%"8-*XI*"AK$Q(@C9H81]FH<4O*,4A79??9A:4*2IJ]*DZ!$1$1$ M1$1$1+X3_$3PGN@%!+2+W2C6)>H!JD*J!+MC@H_4+M(EY.3R_V.%25<2DS+ MH7SQ^/@86ZJ&0"#-V!+%JO4"^4_CJ_370#-)B>/ER&N!+;$C*L?=D6P,^^)X MPK%P+>'44J"(+6E346NH@3JK2H-V0?C0_);@G\/$K"(B(B(B(B)R6S+!QY9( M#D@'Z7]1S0]B7_)QD VDV3&V1,DT9N!P4=O3T],U_A=1+8(&65EKY4W.4XJE M:0=*19/<)#L$7:71+G:?O5TXE^')BHB(B(B(B,BM( 0E\2VW9-# 7J*:)>R. M25%)Y!%550V$0)JQ!4N)^(OG2!2X><(.+#KR<#1FO]\_/3UE>Y!0?AU V(T^7JCRA8B(B(B(B,@7$6MM@E>D(0%2QGP-'BMW- J6\$@?=?%.^$W"09!F M]"M,++93VT-8C.?GY^KWD=H%[8P3(6AG:A=/!PCE02*5MP-9"?E*S)TJ(B(B M(B(B-PHL$:H"4/QU\#0HAHY_ W$23T]/54% M@^;%=DX\VLP'3C^U"_0-[#3PKZEV)E2..8K6%R(B(B(B(B(W(=.%I,4%L1WV M^WWF_IC$S\P<'[G\7XXI1?Y^\X-H<#2;.)R-@L'&S)2:V@7R!>I$JA:Q!8^8 M[$.M+T1$1$1$1$1N0BS,FQ@7&BS)X^]P=Y;P&0 33Q.6[==D#/E. MXBS2!B/M1MC8!.=$J2!Z)_^FV4E MM;,M()\05B,/W5J(B(B(B(B(O\Z?7!. M5MS8#]1%_=!_) K7F!A$JJQN(_\6&4VTQNO@*[J%6)T9E33.M)I5T)FQ,;=@ MGK$Q:8N(B(B(B(B(-*!+Q,JZ;GQ[>\OLI?A-5.K"O$+$#$2/?WJ='J>/!PWI M1>KV] ')WF@D&I*QIMD&&]%S:BI5$1$1$1$1$=D":^J,YQ!_TZ8"^X%&LHB- MA+#H;2KPH?A)L1VB<_ *29,)3%#(+9()1U!LT"40/9 [HHNJ\M >D9@-4&V4X)@$(&3Q*:LWZ,P_]:J2!CZKYM;]&32 MV/A;/670+F(C_^(_0I#/QL$D=1ZZMT;&$!&1[^&C<+) 7V;^[+T0,V9+B(B(E<2HRK90W(@QC @@T_FL,L0_%&6Y/%M[H750=WR\R#E"O$Y MV?)Q"$^*O0K?IAE&%DA?F^QD-M:^%1&1K^;C(,7O#ZR%'L)2#AJ%&1$[OQV: MS]5#- 76CA[5$AMJ"]FD6MN<)D9T=<2ICMNAC491T1$1#:"2TA. ML8CD$./OVX'8GM8".(/L#_,QW"C2W@ !Y"?YB:Q!O,T:LR)#DN:$+5UFTEJ# MV0O%Z"+RKIIV1$3D.TEQOE][ DH"9?KGLV5?M!=2=VUL_U"[R )#(\;M]4>K M:OT9?WM.YE_+BUA[M3_]W6%N@#GK]EX5$1&1A'5W3N%P V%$CG$_7PS%!"8V MQLPD9TK5,22^_5^-R @UNX-Q!:<SRZJ06,O(PSKSS&: M9M3ZF_[)UC)>K_5JO8)+T9&B87'*<>+T !.G[!Q]145$1"X#$XOZQH$AF^D* M4Y$,[T $C%RDIXEF?&"D_F.G\2? 6+>9N$9?I7"!U7'.K'(:P[0YYSSQP< 7 M(B+?QFVUBV$]YVH72\E%56L8%JLE&QN2M<@,C?Y0M8O>VR*^Q2%T(L[TI,OD M?B7[&'76PS755K6_Z;>^ 7DXKM2PJ_N]\J1Z7Y[Z;VH7=/[&7IVT9#FZH@PU M%A$1$3G)QS$@9XZS,:G(R1B&G34]*$('JD5ZK6(C^G\3+A)F.#7YR.N!:CI+ MI]'5,5]BVAQ=2@W,(1N#51$1^2)NKEWL.O.Y"[2+AC7M8JVVM7,9,MQ MC3&LLE<*$^NZ#O8B. MA<=*U##,%5+9KEWDL8A^F9.6D\K N=I%M+SOU;6CU+E3AK(B,A7HZ(B'P/-]0NEL]C98X"_T/M8BD90N^Z M'*EU_;XF7VS4+M*XL28BG\>:2+Y4NU@.4Z/>>+5!^4)$1.0L&I.)M[>W.A-+ M:K2N.H'!1%,?ATI.!7-:P@2&+B6PYWSZATF&*\?B8&^FM\1I:+PCXLA][CZ-$M)/*(>NI<8JVVC=H%K:)OWX_DZ<+\E/R@M;M L2B\^9C*%?%ZL3)CV0,3H0)I$Z M2_*.B(B( M#$&(2)/%^#=&<$PNJY$ "5)SERC/0$]8]3JIB'J>#S@6 Y/>G!)'M\3D9[O4 M@_IAT$X1D2\BS4^IZW+Q(KCI':1R_^A.I$F&3665\/U/B--K];! MG4L6IY!91?*FBI+5A-6W/R(B(EM@_I"C-A$["?U-1HSJ/T)VL+098%;6C/@Y MQ.-(\G]3,'#LC=ECG2EEUM2--=1I#&^[-+T0$?DZFA"7^>Z^AF58<_2;:!?+ M*,SUVJ&_(59GTMA.5.WB[I#,-&FTE^T+[4:W(4%JWZL3RX23VD5&$5F3)AH7 MUYZ;Q.I,:N2*ZGZ[*REBF]/?;L0B(B+R/X>Q-?.)Y"L,(,AD8X"Q.\:5PF"C M65/C$Q$;8U]D$&8F_X>A.5_/0;4]S@G8W-PTOJ73HG!T6DZEN"X;7W6)B,BY MQ..:^$*[%3!C&.Z842#65M!U#.U#2-5W^I,6GEML3J]=U.B1/2S,SQJ&,-C( MF<"P2^[6.^[S(6.M8''+_ M#[,C$1&1F\!:.P=TS#NQ;.1O4W)WG)YE!L\U$UGF>/'WX>&!%S>Q_:=:148G MX#N3IBGQ;^,W3>J6NV-*V8;HJ'YZ4Y.,_#[P3>^ M+^K'L-^6@W:1WZXI +5,WV_UK">.F?423R"'2']2^,C0Y_1 NI#,3U]$1$02 MWA:EB6-]A?$\>A7"^PNL59\/,1S6(GJQBF=FPFB.8>?:>ZM_FE1U4"V68P_T M9KUTPOW]?3.WJ:[6NX-A+?'-*,_T!K_=G]=[(B(B/X.?^H)&1$3DCT.DBR;_ M137F;%;*6#_R!F&2%)5<(<\_XX=%U3T]/ST>/&'R- MUV*IT<_5G20#H?>VIF@=Z39"U NSP(N(B(B(B,C_A)>7EQI.@7!8K+ACC=R$ MI:HYR%AKSY6'YT/("SQ "? 5*V[B51)2@PIKWM5_!728E%_P[. L:D3T2=0O MQ(VT6L'Z95@^O7C2-V=B[B(B(B(B(B+RPX@5=$WHE@DR$"58H3?IO8A?L>80 MT9!&%RS B?^ Y0!2!@88><1_@NK?D7&W,ETLZ>0X\8DF0W2+-%Q!N^C[$]D' M?2F_9:,>M2(B(B(B(O+C(21%^C40C")6Q/B,5*^$&HARF8;H[ ^1.\9>N>1O M4K)F!(R_?SU>O5T(1Y+>^2+ MJ)DTZX2YP+"F@EPFM87\UB@(B(B(B(B(O\Z* DI09"%,VARBR2Q?3GZ@)R[9$YO MB#3 @%CO$^R"\!HH)&@=47ZC:<=7@VD$-@_18(PN,G 'YY41,.)TT!FV:SM- MPI'E<"W2 (;0IOE5'((+L1R\>/*SB(B(B(B(R,^#$ KY;UUKO[^_/ST]Y?(< M4!)8:%]P.,)+XBI20UZ@6N!J$0?-N)U_@WQ!V%+,*K!Y( 8%9A5I&H%\@:J0 MT3"V'P4Y*&KC$N"\@Q+2""#Q+RWA7ZQ!_D+_&A$1$1$1$9'K(#$D3$E8A6,Y4--QTD& M$.PE\&A ?#B9/F,-# QB#1[U8+2 ,H!808;6:LR0'[8OS\E5^EJXS"PA+2Z( MQGE_?_]P .$"5XZ,$!+_DD)E>YB+A@P)LASM+C"ZX%QJMS2*4^QBMA$1$1$1 M$1'YD;#FY3.O[VL,"K;'BOC7@5A'HP#@L'#Q2CGC4A+XHMHJ9,B(="4RRP1B7% ;3<*^ E<19!8V1DDZ!Y.,RYQ6 6.S'M[%"Q[2@V@/D7A> W04Y M0/-8^R-1,VOV_ J!)26(M15Z;(^V95/C UX>V(VDW\?V=I+"%?N*3/F!WL(A M2)*2:@::"64N%G80:E*:X%B5J#R%$?*_+$??GXLM841$1$1$1$3^3K 02(<1 M= /<$_I,J:R:EZ/$<U>4D MS2V(:;DQZ2JI8Y%3,@H'8D5^2+L12$'C&NVBNHTLQV CST?(5!L@*^V.J5Z( M0&*F5!$1$1$1$?EAD!V5S^3TQ$IA*3DOJAK *W[\1ZXY;CJG( O4?*E-\I'\ M@+M**A*- M<'$44SJ'"M%8L.5 OL!2I?$?R6.A]ACR0D1$1$1$1'X26 CP.1U&4 _XZNT( ML3J7PZ*>V [7'+?ZC.01,;<@CD2_0B<'*(UDWZP-12*VQ <,$E)VZ'THL*8X M&8P"58=^('-KHZ7LCH$X<&_)#VF5<;&&$#MRN)IM9'?,8]+K,_4*&O)"1$1$ M1$1$?ABY0%Z.02D;8A%-R(A8Q:-7H!Y<%H@RP8PA*L0Y)=U&$"6P-*@F'VGU M@4W"[G- B6HC486%^#L\.EE43C8OPUSD02M86:26@GQ!N$[,2*[I'ZK%H(+H M(B@S\;D)?Y'Q+I:C1XPA+T1$1$1$1.3'P**8I2ZF"SB#].MT0+O +N+*E_L9 MO (9@3HSJT@U_*C^(YA 9'",NDBG&+I'QOE,=Y@&0E5,["*0#M*A)BT?4J9 MR<$Z@I0HT52,1MCK2FT'NQ2TEVAGU(]\5"]-')'TJ;D7/C47Y%(1$1$1$1$1 M^3NI@2MC"1R+;A;"L06+@G24 "P0L'"X\M"LS8ETD;I$9DE+\3K\L/QHLK(B+_!W!M M2+TB%N:]-45\2W2%6"_CL[#['&OB,G#*B+5_'#&6^2D"I$4!A@TUU4AJ$6E6 M,1$?2+JQ5H" $A.W#DPI=L>T'9SU[NB'DF$Y*<._5!A]A=!QI=W%\CE3:GK6 M0)K'I(U*2B6TQ)F,_$'B]Y)Q98&,0G&73NRU>!2\; 9]=4LSD!;3,HH?Z=IO M))I1CS(1(9N2??:BV'+R+(@C-.^6M:.D1=9VXGGR\EGR;0KT#3CKH@3(JFM7 MA +UBM"D&T;I:;I]BXSF3]_^E/>W#(KZX?.C4_(VC,GCS4<&?'@GA^E[]M)^:9))\]=1&0+Y"'E,UX2 MC%GYL,WG4CSH*'FKA7E6E7X6K$2PJ2 9*$8.5=-@J<*R?>ZW,M*6GV-C]*]0BK::.WT]10Q>&A*#V,@S1A^&2. _5/K6:O>';%M;A> M=WWY[.)W,JPT#^VZRT3^K;?'\$S3JW$"5SP.>O&4OJ;R7TJKN:Z<[&: M GV'8*LY;P:GV2]>FA_[Q,^1V-K9;R?G'E'5\*PG/=G\B":[O!QRRE,L;M>) MP+6E9Q"4^ENH'F4+%_NH!85>^ZJ6'R@VJTILD;I>7S/3-LTK#WMFL7:V_$\B&YUM7] M19_\%GJ+W^%(L78AAIU9!=NUN?'V.W--;NK;.9F'5W-E9Z0B23)Q[O M^7A)X^W4@?/AS_+Y)MH%T3:PGTS3LC0V(-5(53.8T^:S]Z2YYJZ;MV"IBXK. M_'82N(-!+=J#579ZB^R.;R)224"OP,:2L[@[I'.]LG_03QA,)V_9$//S9#EQ M+?3D^ZD32U[?8![/#[QYW3.<\]1%1&8.6F.X(&H6H7>'9$885] 28OEF@>'R M\XNTB_L1S>^Z?R*=U"Z:CFK>B_6==HUVT5?80&.:IU]] <=5X\;@BC1OJ*]W M>6ML!K8L>/MWM?M#?O!AX>W:!;??TV>:D,MKOX63U%OK@A\+X^_PTMYW4+IJ1^NZ83&WM^;-6R?ZS M"^W)']VYVD6_P&>>4Z]@?6(/%_5]5]<:&BN"-?FBT2YVZU(#,Z):I;_H]2''-^=)[:+I/5Y*UJ,TC1S^ M\(<:R^1ZY1FI78C(36!^DJ/)Y-D2CZ9M%H_(AR/I)X+- _$N,K%( M/I_7)HW [8?AAA$&&@RO>ED8I.C*@-0?>QCWLS835/W!W<;["=O$BTS9T%< M(X:,_=$1M5\=< 6'HHW(5U.G1I/U A/:M2EB3H:WS'9P+F[:T+Q-GEC^\Z@9 M'N4KM(LHL%9)L]YICCC7+OI?>GWOW#\G8_>F_K.TBRU/ML;;NBXE)HL(GIR7 MO4&N#&7>DZF7AE;Z:ZNML[2+M3NPD0XN2 Z5=\46J;R_[LMGD2=/MG;@,"14 M7;_3"1./ )9=PV[\"NUB:"-T4LD?FGL--;2Y=M&LFB>/05Z@K$VEFI_,2>UE M>''GU!4HZ=N&Q7!D&/XJFYMGK8;Z>!G^_'OM8NU^[E?-&[6+M9(9@[V>R 7: M13V%-1V2WP)&%[W'1]Y4$Y/=],T9WL]S[:)Y*D[<7O93?\DU2\(UM20[3>U" M1&X"S[H,U#EQD>,1Q,,'G[N;-( YR=TQ? 1O(:M2D0H&6Y +>!C.9WIK03DX M8E22$ZKA\[FI9U>T"]YQT%<,9[S5Y74#MB)SH\=S^R=/A!=V6Z8Q\Y,2^0JV MV*P"V86&7YVE74QVWTV%"XA?RMICY(NTBTE[Z@R_F9I.M(LA<^UB?NB;:!=] M>W+W27AD#G1#HXL:*^GD G MPL#0^N(FVL7R6;Z8]\R0L[2+(8W-/TO+W+(V MD-65VF3:D(=8$Z.^0KO(2[,O!D@G?P5KKFK]@#O7+IJ>.1DO<4U4.5>[.)?Z MK)[(B?!QB-;>MZ':8LW#5];NG7=:TD]@AJK4=NUBZ,C6+\,OTR[J(W0R-:4K M^E/;*/LOAPNW5F ^_E:A:7Z(:MO66GJ5V(R$W@65<_[PY34^)D M8F5-4"#F&)B6#>VT+X;'(-%!ZW## ,&["=[2[HYO!WC(3P8(]KH[Q-CL(2H% M!9#!)W.#7KM@+ZQAFV0E[]S">3O?KUW4Z?V_J%VL!:!;.EMEC-,8389!YTXV>$*] M!VIPI/F0L13M C>]YL'>W .WTBZJ='#!]'Z+=K%%ZVY&WOPP',7JW7CE2%>U MB[P9>K8OY/-.HV$G8Q0D>4%_'<* UZO?2! 3[:)Q'+AFL;;QE*\7K"XV<]JN M5"^=)4]S.ODCQ:8T+T1C8)9W'=.VR:%K[]6(S;W/5!ZWW@!7:A?5%Z,?^X:7 MLGE"XGYU[A-R.\DC^K7>P/84SZBT) XV']PU=US8W! M=/WZQV9=C_ PK.\0YR\T.4?L\9H&-^\?;Z5=+)_?AYZ[BFQR'_37I>9%G3!\ MHSWQ89^L0\^B:A>3>!WUJ3*_B'DG(_+7ILY_"/6"QE5HGF/5@FNB7=0(L5?Z MU=;5-V^+^HO+3^;*RB\VZIC8B?7,GV#U-UMOQ?J;>8)%9Y(3+0N\,R-X68X2O*0)( #JY(JF#>K(9PF^#P.L 2[2-T#GQ$,,^C2"_IG#>94#!]]KI-4EG(+ MPRZN-U>^P10YER9&XAHHA\,:MN096=,NMK]D/\E7:!=HI.1.JC2SUKF+\1_7 M+B;7=-)1&S.5L$R[^,'5K%G8N%$J-!>TCPF9\L5$NYCW# 8D&WMF8YZ1 MR[2+[1X*$^H3-67&9< XOV5R[R*^V_&:KUM$\XAKM8ND>'56^4+L0D9O#PY;/ M6#LPO+X>("\ WASYK*[Y++:3CSL>7U%Y?9&1:4939,Y5.9I 9BBH^3Z&0PP+ M@;33^SAX%S*0Q:%YHO*6,$^?93XB>?-TK4,>KSGR.4P[:60&ZDPEX>13FKGQ MEJY+TX[E..5X/L2OAB9Q0X[U2$!J%_+]S#/45X:KJA^L79SDKLL TE?RCVH7 M2PG%>;(?+EY/57DY-\[MU6OSFI&EER_RO>W/TRZ:U?HD!L)?JUWD;5PCAVS\ M+?07M,\FR:3E8NV"VXD)54^SGOT_:Q=5@^+N3?F1WV]=66^QNUC*O<$A&G&C M%KA8NTB;VY-7;>TY?^43\H;:17.'-*?9:!?+,>I^?X)J%R)RZ#JFXO0/+R:&-MC9&VH7\@?Y.$3G(RQ,T!M^YQW;OX$ZZ3/",VIX MW&N6@0U?I%VL6<)C;S )6?#W:!=K/B,$4IX?B"<8#B:(QG1%/UV_3'I:6U1N MB:0W5,77K"]NJ%U4P>U<9\R3/B/#P( ]'Y\C=N:9#@O?9.4+]:!#MXB\NTXZ M_J1"U2PMF]@.:Z87PPO:2W;1RZ7MOF/XF"S-O M? HQ7CP?4F^PFDZ+A3I8\X0GM-'S(?5Y!KA@.R'7>/[3MG39V!V3CSR7X!7I M:9B/368O=X5?)217_4S]&55C=WS;DOVS/R9"S4@4M#G^Y1Q/QG"FVG0#(;+3 M6OE&NVB4G-W1@:5Q%4?_5[N0OX$,R8)-5WV?V,\\M\3J7+NQ&Z_>+?<_#>NW M;]0NJC'SEG@7*+10L]&=/,K?HUU,8G6>/%"_2[TQFJ2-YU98I^Y-\(3&HF#- MXGIHT3>TOL@MUVL7=0UX<;R+"WXLE7H#U+XZN3 \:6R3;9C_RG97YQEI\G6N M7?VUA=N:&-5;7V36L]THC&&==31G1+^EIVHSAVG:LS$DQ65#_,?YT5;[*_B\ M(2MHTJ@EDW@7?/7Q.6=HTTL7:!=+N4-R:E?/_5;:1=]I/-_0-.J]M*62R1.R MOV?F02K.^LW6!T(S.UW3+I:1]<656<-$1'H8/?F<@2SZ 1>)(_7PLYY".4SP MKBU5Z#I^-:\8TKPA T3CEY&##K8'O(MIWEVFLTE^:*@%=BND"\G=T?FZ1B]G MUE'C?@%TYVZFS MNRUOG-$>^^VU&9.?9WTG.%QB?$QC==:NF*S6_PGMXB0GK^;)SIQPEF_.\!PG MWHB]?'&R>S=J%W5-M]'VOG)]CM3E\TV(\4;^.QE?SKK!GH]^F@VWTBXV>EC M\#Z<&-),'*;Z1\+3HA=G1U2^R2-9R47AMKNJ9 MKUTLG^^QW6>=X3+MHK=[J8^RZ[6++8[ -7K>J%C MHETLZP&OU"Y$Y%:P#%^.>>76[ ^9.:3CX;G:13IEY'J?@:P^YYDO$7.#]%*9 MUR--+_KW4[S#)=S$KD3,N(9\TF(:O1S&"YJ-\-(XC.3&*%SM6'HPV[LKF573 M_&/2GXW=!48F:5B8*5EQQJGCOMJ%?#]X[,Z?#W5ZTT]^SM4NFIN\66A, C_B M>\5OL)]SUD9.+*E.+N+FVD53P]KKRW].NUA;7<[CY->CG.N,D(L"!.>>.GST M;WZ7J7:QK,L7UV@739T7B$+G:A=]2X97MM[\PY]A73RRX]K1>=W,KZQ_OW\K M[:):C9Z\^L-+-G<"ZJTOH)\R-<^?2<\LM]8NSM7ZZAE-'+[28*!?LS>)08?V M&]7!:K?RTG^H731Z5/UU7*9=+-,;^WKM C^1^<]P8F2%M#)/PC67_>?:12/= MK-V939*=OIZY=K$<)_/-+T7M0D1N1=4N=NM1&I@Y\!"[0+M@X,.9@J MN\!_DR&@L3W[=?",R#PC3%"7PP,Y&L.P\FL]R=IV=L=DWS2OVG7OCA8@:2^! M;0:GQME-5@K][)=*YNZ'C7:1/=G;G>[*XDCM0OX(_#Q_'<++]$9<\6NJ9J7# M)TG5+IX/H6\FH' V-30O[- 54?QX]8D0VDSDFDJ:T(5$O*D_*!X[C4[2=\A) M[>+C8%*V\W,G]W M5,6;^GJ._4AW$^UB;:&Z5F;H)7$R@,DP#<3P<'W/-$_"CV,XH%_K;A2-8PX> MM?.+>T$4LL:7JK^"S5W:='XC+^04CM;R>J6QAUE;[0[[H7IYU%_'Q=I%7;\W MS_PKM8N\11G[^G3/363U?BRH3\@@)","0S/U5'NVC-J]NP4\MSF[MZ,D M$8 BC5R=ZOS[XGDQ>O]&IJ M'?6@C65I0Z]=S-O/ *%V(=]/;UQ=W;B:'\N:H=>YO^7ACZY1%;(ET&QGKMA/ MTAH-9%>R$O?UK-E=G]0NEL\ZR>*2>UB]WG>Z^_- WG)7"9O=YO5;%G%XY:9:EP]-< M>\$Z/$13FI72PCZXLUJ:1_B$WN]MTH;^997C!P M;J#794606;N"+'7G]TFMI-^RUEUKVD5>]S[RY&7:Q5(F5,V)7*E=-++ ;GK% M>QN5FSPAMX2J;D)23$"C[FO8HETLW<-![4)$;D7U<D56A>T'1G=(P8U1 ?LV)FWYD-^-IH@7P-GUAA]W1_N*]$]A M"UD/4'Z&D@YC*.\@DLTBYHMVL726>)MT2[FH&QO/]_*=NT"4KOX.";A@BUO M:8?K%'S$Y@?%\&!X32_0+GYUD53SJ[GDU8R>39]G2^:W4+/8G[C9#H6='IQ< M^J?']V@7R^&G??(NZDU'FJ;V6G%?P\F@7KN1_0EAS7K[O3S'>QG)OKM22.WIL=V M:AI*;(S3[9\5\+4 G^-?(#S%&58PPZCSKHG!QFY/='WZ5O5S6E-D?;KRATQ-J M_[[\ROAUS$^P:?_DKFY^1'EUFD;.HPTP"1E>N.:Q,[F%FI;,;2:YVVO>M-WQ MY04SD,8O8-+:+1?W,NUB.>;E'%[!:.3&6S2?DVDGL.6!OQSM?_J+F]_VSTS, MZ^^*&ADL&S^_%?&N.GG=Z4GFBOO/C[@MG9G>9!<\(<_Z+?2_V6SD MR9&Q_@3F1ZF7:3_2BT1$+@"UO&YA.I%/L_W12C"?MT_'="0;#\' E&,W(RQ* M BK$OBRQ,W_BKT-65FC>7Q 0@^$#SXA4%7X?N1_!4_HD.<&X.QB3([8@E=3I M!Z<0S<..=!BS B5D?XRAL?N<7BT-,.8AVM N=2*]E>3W-&$QN/YM0NJ&2M_,E&3@Z]UKPYD[>T MR^<;XYJ+,FS\?&DP*;R]AT\>\61WT0.7G>_VHS34'TO_[+-RW M?_N%6[MJP[.8=-<%5W_^.UW;A0<@\YDO>A(2WOQD8S8VE8MX_7-R2_\LY_ST MZE$FE^#''7C&C;2SH=%9&;@.5#O_WCF$YZ M7W*C,^W!+.TLA?^C1&D@/$6NV=$NZ@.0PMAR9[ +M((F+MERL,LE/G::- R= M22\ ,03;#/263-*:K2+H'/K/R8"!NZ.;R>[H8I_MG,^4."[UTSFTJH_F]''P MP6$+,48<+$1$1$1$1.1?!S=#/F-%AF$ QEWOA^16Z2C!1CP--VH7J!\UO6F& MB:AI,AKQ-A-R[8Y^(AA^9PV[8YQ,/J0@D!87U?JBFF$,/]N.+N<_Z1:NV0GU, 62N\7P]A1-0.C$9H/U%# M&W=[G#6R>55:V1VSK^)^4LU(&L^=Y/T8?1KMHH;@6VLDMGEZ%XJ(B(B(B,C/ M &T!Q0#M@OA16" ,@7K=$0&7O1O<=C$Y8'U?J,VX(4!.#LTT9NK1H$+">&D M=D=GC=W1ZV17$AU2.KAES7IY92"^>'7X<(HK61Z1N"?H*64N..-L&3 M:Z3Z7EC H*5&[,QB:_%#,IXVKJP$/N7L./<,"97GB+_/=ML8$1$1$1$1D;\9 MEL;ICT"$S)HSBY!KN)/$OZS36;F?U"YR<8V80)QDO!MV1X\,CIY.(G6Y331C MHD80Y"K#7:9$0)S,]!;)%%&$@YAH%V3KX'--#IL%,B('!\+\ X4D,Z3$49KH M6"G1]/E*:FU5S=A-8W72GE1(UB(3$IR$>*3+T;5D>RX8$1$1$1$1D;\6](IT M+F!%GWF:=L7E(9?YR]$BXF0<8Q;XF7VINDY4DP,L.N*X6&BP;RH/Z3211@7H M%4@'J2$@DJ3R<%*[B//*ST/M IV!C%$XB<17-=]]GYD1_Y>AQ47V0^_J$N4G M?&8*2Y$H9[9/T'-ACI ,%Y:_7+JK/ M"($I.$TVDJ(:0Y$^7WGF.IE38UR0"F2N,.19\V\VE6N!+0H=4HTWZ/EYDFX1 M$1$1$1&1?P52;/ YLX%4L)I(=X_E&#$RC0$FQ,*?E35"Q#![*1$XJ^T$KAE$ MR4CKCDQZLCLF6D48^?CXP$%CHEVDR4?U&9G87:!"Q(ZT@32IM&HMB$0T@R/F M.5:9HF>C0P=N,N@21. ,TG\DCU43P2P'\XP^>XN(B(B(B(C(/PH&#ZQSJXD" MX2-(,A*P-L_NTBC19(])G1*D@F0F.: MRC'5(%AE'ZNSVEW@7G%2N\A8G6G.$75NC!J1:5LG\L7N&']C2X4IAE05(O., M9&UQ7$*%[(Y2$BTQ0:J(B(B(B(C\)'"^X#.K8[2"#'^1I@+(""SG69O/:\8> MH*9)74L5FN#O0#P-;#:(R=G4C"I"V]*>H8_5B32!"'"6W45MS]SZXN- HRHT M9,#2[88<&8H3%0)-B90KI&M!5^':U9($&#%0IXB(B(B(B/PD6.WRF25SQN1L MM L6X-6=Y.1B'$^'E"PR94E=U_-O&E&@2V29WH0@::!>--'%2N\AF$%\"Q: _.X2+M1BDNZ.SS&4R M0A.>-.UAXJRC,=$)L87\++7^^#PT4Q$1$1$1$1'YIXF%<,U,@6BPE#P7A*K( MSZEL8(8Q<4]([:(* D/+A)I5).I\/C T5$!"23<0S#9H238XM0M2;YRK7339 M4?.KV@P$GQI8HS^I[1XB:_W&A>#?Z*+L^2J85"L+(J\:[$)$1$1$1$1^'D31 M9 F<*3_2! *7A'XEC@7%R6PC$"ONMP/QH2H5>:!=2<:1GUF\)[FHK^89^6_* M$:E=$!MSHW:1Z@$F*B>CF,[)Z!GIGI-./226(*R.:5)K M5I2:W14GE\: 9'>,W<$Y7ISIHR9 R7[;':Q!ZN'2W"5M9O EJ3E5141$1$1$ M1'X2]_?W6RPH8F5=TWVR\-\2')( $8@&KP>(VXFI ,82Z0U1%0G4@_CJZ4!= MOZ>JT&@7U18B336:%*CI%5+=0^K?VH#=,=PH;8B6-P8DZ;J2#B87&S^D[05[TEH@S170*WC7?]+, &L$+"@> M'Q\Q%:">J##C9O2!/5F5Q_H]:B ,Q5K S]00&GVCRB"]RI%20.Z"G\@DYVD5 M*^J_: @<8F,,D)XF2BK6=R#7[W3&-:1#%J#]M M%;!_2)L-=AQ*'[G>C]VC/11K(EVP!1,18FO4IA('([[*0!DGNW$-.C- "\JH M'8T[#_U):SD6&48N/JZ(B(B(B(C(/\')2(^Q7D[CAPSCR:HY@TEN@9B66&X0 M^P)S#HP*AI85E&%%__KZBN-&+.W76IOV(;O/#B -=UWRTP27E@#=@ PI4;CF M)TVJPTLT];)@%T0=V14?G'HL%)*U?>DW'49$Y'O G2V9?]L\J*_9=ZTQ1%'F MH1V/RGA6K^U8Z[^@S'SW+2W?>&KQ/,=1D0A.Y WO=^' PC\Y%KW'\#II MV\8+=-85O(;)*=^D?E*MU0MQ<0+T.?UM?/(4ZBYB)9D MP@XRA&Z,(PK5I2))@XIFXQ:I 66@,?GH0<^Y>)Z6 4NY!!DAI&EPSF<^#K O M44\O.ZZ(R+G$,QG[-&S;FN=>^@GR$&N&%>(F\5"-AW\O#M3\4W-)-@IC@=;K MTICDQ;&:)SPIJRBP-FQE,JEH2;\[8T%O$;<*P$RB3%H]G#=_G$J=0^[R!D.!;1( A MT?(:IKN_$ 2_NOXLHGG#VY@1?VTO9F+#"]?/0WCS,K\]HB=/3F#BE.O5'RH2 ML;'O-W[.*A@B(G(K<+48SJ9B8$U+AK1#B)&(B1^?-R;7P+H@QK4J2M1$I522 M 2CB0XRGVS-W((,T435V(\&!B1R:QMKT@XGQ;F2\D7,&G%_J9/(",M)%2A"\ MZZ%S^@@>L26G :@<7SH_%!%IR$&AC[33!$;NE_]W1W>\X6,S-=OYDY]U:_-8 M[A_UC;22>:C[M7R20U(ORZ2!W&Z48ZL^J]=&EDQN-5R6]D_[H12?Y:-_^E-> MHSG?]%*LQZI;UK3]>L1H\- :A$MS]_4&@4V/#3E70LFA?WXAKA]YHWN1 2=7 MH;]/^N8UN_0J!)K;O)=.YEB/;YMXZ?WMP80D"^!O6X.B7QP03$1$I %#B#IX M\88E1I\<*#.,)*X?%&,2NR5!)Q,_Y(LZCXJ!-1..Y#A. $]>+FRQ*Z#]F1"D M>HXTY)":+PCZ22QOCCBO9CI1I8R;B ;--(^(%J]'\%AIWLO<'>U>T':^VBY7 M1*22JZ%^?=HL)YO52B[>AV8/J1M,RC3U\-C_.,)Z,-_\-C5\FW:Q.ZS]^S)K MVD5=&")08\@'&>.H&738*X>\#!F]._I:)@28ZIMZ=S 1P?X?:IBIH7S1+.%[ M^>*/:!=QQ-="AOC.T]P^6-?.28O*O!!I\+ ER=JSNO8WX0Y'ZO7 M[OV0>JS65G?)7VMF;1LRGTCTPEIS;Z2![NXP<4JG$FZJNZ/EJOZM(B)R$Q#, MDG&CU0V2^C,N!;SG:[FY) (K"0!P,IE(Y MN]AU;R72]H.)61XE:V,(KJE4AVE*MAN$3,AWE)F]I7^92(\Q?;T[IFUE]]TV MU4A$Y(:D"+#[K _$]DP;/5Q&Y;?]([TWI9BDG,Z2:V]R68,WC^COU"YVH[7_ MFG:!H\W\C**JH5!0_\V%[61EG8/.VHJ^+D+[%P>]I4:NUWQ$1$2@1NQDH&&4R>D60U+&OLC!D0)71EW S[=."9A!(3), MQKL4'\B1BD4ELS+L*^I<*RT_B2+%J[$J7S0J2A4Q>JZTNZB=R0L7)@:<6_X>[:(^NIN@&4/MHI[.E2N[D]I%%8@F*]E<._?Z0V[O7SVE-NT@-82T\135$R8WYR\(< KN4YP-]3)AA"[-/ M4M?JM8O:MDDE-WGI(R(BLARG58SO"/7-7SRH!UG<]$W/]+=H%HT\-8E#K&6H7^3)]HJALY*1V,;QJ M0ZK_9MW>3 9R8$WUX*_2+I9BHG,RJ'@5.O[@2X%J]]+#!')1AX':;OCN'',< @]VN<5_J) MU-BD#;VM[#7SS,9;9#DZXS1S$B)[][,I^L3W%R+RIVA6RKFT3Z$UU[G8E54S MLZ:J?![R %SS24GJ^FX-'NQUKUKM22ZVN^!==B-?T)*A=L&3?[<2VG28T7+C M%>E)]X&3@_7:,KEJ2C4V8[UV?Y5V,;<'J.0=.PQ$^0T0VZHJ0DUXD[Q[U]Z; MI&E3/[\!&\=""*U]TQ M;U>4H09>'M4@WC6Z>/9#5G5QD,SZ\JLQJ.Y]D,GKUTQW-;H0D3]+M6Q?BOZ0 M3ZKJH)&%AV-$DR=ZZ7P5^UTRB'&O*J^MR!KMXFY$?GN-=K&4YW:M[5SM L?& MAF%VCRQ/5=^C72R?8RPP3*M=7 WK%VL1QG=[CE9H3/-)[I#Y>A M1*OMTT2[6$I7U]]7\Y/\AKM"1$3^/S0Y1&+PPBQA&&"S'T;91,F8PI+,'(S MX<*/@IT/ZJ%[(PW^&-&_:ZZ[;]X%43H:O*(#6.!;HE5,HG6PK?]QJ&V M4W^2C:EMU2Z&IAJ-:1/O6?+G;+P+$1&Y+4Q^MDPYL$*LZ?26 ]=0@U?W MVTD,1]SO=+G-();-G"K%BH"W5WP(F/%R[M7;>L+%$DWO],V$I&DP\4;H6R:W M1KH0D;^*NM)G;5)70/DB.ZTCAD84C75OQ>=TD(B*R#F/]QO&%MT(8/U >L^$8W6XX/#$_:49)Q H&1R8G%& NSTG&?K)8;W^W-:\:/N;D!\+MIU]G;W=1;6ZF1.- M:9HW%,3J3^"&+[9$1$0 @XKY$!.#48:%3^F@!KX8FBQ>!K.=QG"1%3V36SQ! M:N@P=MD=XWS23J8'[,4'A(LX4Z9\=\<,?7F@9N*=\]YFR-[(T X3:^I4@7AA MTW=(>E5?*XQ M+:O5>C,,_1'M8AG)%[T44Z5RQB:B'>(+4QUAUG*O+-NTBUJ,TR17)H9_O!3( MK_H#K6D7R^?(TKN1=D$$JKM#MJ^;R._5'Z0:J,3I--E>F@[GBF#G,.D<+@2= M0YUD/>L[&9V$4]LX\ZF13O&J&-)(*+5YT1ANDN;"-2]Z#.57^'NN%T.A"1$2^ E3W831XR#$W1U4&QPPS/K24N'D+ M&0UQ&R&]*:UB1H%O2#-)PQ476TV8G(P84>@N*B)_#_6%>R^KUO5^'R,HG3O6!HNA]T=OSH&" MW<3M1 IN&O/5VL5:S?5$^J7T\ME(($^JCW:( K\V-.<[]/D(U4@EPV.MR0L3 MWY^E"]W9Q_?.^F^BP-<>N_M,/;O^6'4YWYM/G.P<1(\:/J(*$1O]2='Q$1D5N123>: M[>G4$.-77>-CY%!%>*:(7R>S$T=T=YC0YDL'7DZA8^R._I@9Z"RM+/B,,H!\ MP9QJTEH4#,R8&WUC"SGB3^;,0!S.'.7KW(!&WC84JHC(-?!$94$TU"[RVV9! MG:^J)[9D\1A$T;T[Q%;*YV&^:^[SC+!H:L(=YUZ\;>^=4!(T< [7>QGD,K9_ MC&-1L*7FX=@*))2L*D>>4;[.'NX(V9];1EZ"5/?'JDZ@#7DU^[QC?3]$R8G[ MS/4AFY"P[M9A)!T.N*FQK)E)Y(7HU^-Q:ZUE;-^=$^4C;^PY0YDH0XMOOW#] M+KE7?+5QGL9ITK#F-#%-Z7^2\X:)B(C&R!@9=B/,>Q$G7^_7;_BL,XRN%>-R4&:XQL=/X7J[B^SS(9D)=&WW*#,/,7%NYT1ARFQL M/R:CDU/@:JZ%W< QEJSN\]O^XC/JJ3? FD1#F;,:)B(B'=^15#T M^CKFY;,W2O/":TC**8V4)"(B\L_!2.UZ5D1$1&Y++.W3 C;M*-8RHPWC,.1> M7YK3,V46) @,>M,3A-C7+P?#YOB+$2FV%H@>M.V+U)44*'I#8@*7382+-!;E M1 S1*2(B_R[D!5MSF1$1$1&YF,9SA+4VJ^D^+OKD-0KRQ9?Z.V2B$(Z%42X; MT2ZP#XDV$/T2K6/NGGPE+R7H^II%]'+,>4I@M R']7J [J+E!N@6$9%_%R)C M;_>J$!$1$3F+7/+GPIF$GC5L]5H^^B2M+VZ5&6UX"!*992RI&@T;NPN4BG1O MP??SB[PPTB)EBS:2@3N&DSI.1V\1$1'Y=]D8M4-$1$3D8EB&I\-"DY5LH]%" M9K4;1FB_+82\B,,1SB+6_@2]Q#>$>!=?VH":?VWCR:;_"!$\LH5899A;1$1$ M1$1$1&1.74'7!-]GJ1#I9O(-B_%\N9,A,9L0HU]$#6%Q0?#/%#W8$=\6PUR( MB(B(B(B(G"16_42'0*P@-F:F[SR+=*:(-?[W1!HGD]HW'*@&N+@L/,7;VUN* M%?'YJX.$B(B(B(B(B/PD8BF]/X#@$/_.[0$F*VXBC7^/ <;W0#C0]*/I@ZA' M=Z6-RL1IA:@=R]&XY8O2MHJ(B(B(B(C\5&)9O3'A191,@X%8??<"17R5B_UO M,\#X(JJY17P8J@WI_8%7R,F,L5BY*%R(B(B(B(B(G L>'R?E"_P=]OM]+-(G M$1MRU4^9?T[!P!8E(Y?&*:QU2VQ/?2/#6:R51+CX&18I(B(B(B(B(M_/T]-3 MK*Q/AK[,;*3Q82)*5&^+6-W'@OV?".^ W4B>XWZ_GX?4:+2+^_O[-?F"WNB] M3D1$1$1$1$1D.[&RGH2CS' 6R4D3@IJ> QN,O]9=(AI658M?OWY5G6&8O[X1 M+E+N:"2=U$,4+D1$1$1$1$2N)^,V-$OUFD$UB?7XFEG"Z^MKUE!%CUCL_VT* M1C3O_OZ^VI,\/3VE_D &6$Q'FAWC+*)D] #Z3'3:ZX&FZ["X^)Y7EY&5JAI,7%/'6+B(B(B(B(B)Q+K+778E^\O[\/C1 :$$ (=%FW MO[V]52,'S#!Z6X6O \F%L)FI6D0S7EY>JI!"F3@+DL9&@;G,$H4;$Y1,N:+% MA8B(B(B(B,A7L&9]$?]NB=M0G43Z;W'$B/5^M7F(8ST_/[^]O=UVI1^UO;^_ MO[R\/#P\U"/2MMC8.+"@6E @6Q);SC(1(:M(+]V(B(B(B(B(R TA\\C]_?VY MGAVOKZ\U]49NK'$DEJ-3!E8--=Q$_(N.\?+R$@6&<3+7^#@0QXI]XW /#P^U M\I0LHOXHTS0FMM"8+)G*PWZ_G_B,-!"A5%<1$1$1$1$1D6_@^?DYHUMLW.7C MXR/*IP* D48L_-G"BK[7(H@^D6E5&ZGA]^_?]P<>UHEO?Q_H>]%FA0L1$1$1$1&1[X1T&R0//5F88IF>(Y;S5;AX>'AX?W\G MV 76%'-))!6&I.Z;MA91;2TS"?Z)9A+E:PM3:4D/E^6S?('QR=QU!1N5.-F_ M*@.LB(B(B(B(R/^$3/T-_:&Q,7A^?D9YP'"" MQ7XLY_,SBD?:8]0==\>,'FG\D 524L \(Z-8$,B"?"))6E8@0:17""$O:H)4 M@GC4$!91@!U[WY"TON@5FV@V?B+;LY"(B(B(B(B(R%<32_M*]Y1>M73T]/6%RDMPC&#$/G"X)% MQ+>(&%6[J$I%Z@.YD60EOW[]NK^_QU*B:AU1+*J-?YMF5_FB=P])G61RXG$4 MK$&&OC,B(B(B(B(B\O? *IXTIB00J=^F&4.J!&DC,314($]'U3=JG,S<)8-I MX#Q":-"LI"8'V96H&DEU'HF2545I(G;VP2N(^)'1+32W$!$1$1$1$?DGP' " MV:$J&*ST$0K0+M B8LNPGL?'Q_U^GXI'%(OR[!XU5R4A@V ,_3MP%5G[E@9G M@:BY9@^IEAY-.U]>7E VHH5&MQ 1$1$1$1'YYR#^PYJ"@7:!YE U@=?7UTRZ M&KO'YZH>I$91@VIR+(PKXN_0^"'-)X8Z"2%#:US0: :&%E&>/+"9IS7^HEK$ M]OC[%?E;141$1$1$1.3;>'U]Q7 "!:.:-"P'@P<<3-B.CP;R E_%+JE7(!0, M U,L)6Q%#?N9- )(\VT<)7:/HU>O%GQ/HG!M04",&M2B MRA&()!R71J*9U$/$5X^/C[106PL1$1$1$1&1'TDL]E]?7\GT@<*09A@H YA8 M(#NDF43:6L2'Y1CMLQ7]_)V)G1JB(?XDOD66(*8&@\?;VAH*124:J=D%B5MQ, M:M2+6@"SBCAN%DB)(S;&45(SR5TRH@6&%DT!$1$1$1$1$?GQ8(9!)I$T>WAX M>!@F["!LYM/34RH>OW[]HH84*_#RJ)XC+R\O4:#6CVL)N4OBT'WPC=B(VTA: MAFAH(2(B(B(B(O(_AV@8Z!+5LN+Q\1'QH3=XB"U(')APQ+Y9&%.-^P.Q):KA2/#Y*E7FD%@5B! MN-%();$E#JUD(2(B(B(B(B);^/CXP+@")X[]?D^.C]UG8N/^ ,85E=CR^_=O MOFWVPK@"%Q7L,8QE(2(B(B(B(B(70[ +I(ST$'EX>, 8X]'EYB<]]@4EC7E]?V3<^ M]&V8-"^K/=TUATJB;1RH;V&MK6=87D1$1$1$1$3.(I;8^_W^5\?OW[]CS5Z7 MWJ^OKWP5V^N.]_?WM5A\?GAXB.WQ+?I E&?'J*$>-W:\*U#5\_-SJ@JQ]J]' M3*),5-[L^_3T5)L1E;!O-B.)DASK9,]P(O4HT2WU++*V-=0N1$1$1$1$1*XD M%M>QNM_M=K$J?WQ\?#@0GV.I'AOCVBKL?Q MR$!)R.VQG,?\(+6%W/?IZ2GWC?)1IEH[]-I%?$!_J#+%'Q\K%N:8K0J M:"PQH@ M2<&D:A>-?('D,M(&E(9:(PNEG7M(HT]GIZ>AO$NEDZ[B,:LR0ZH"NG M@G81^]*>*E^J*.VMOJJI'9!FA(:AF1!@Z_4+K(--=[%XY%&@1$1 M$1$1$1&1BYEH%XV#QIIV0<(12J)1- 6&VL6P)1EE(C+IZ>GY^;E)KHIV46MHM(NJD]24(E$;;4M)H=TBVD:;:Z+83#Y2 MU16U"Q$1$1$1$9$OI>9():UG+,PQ+2 /:9:<:!>D3QVF#EE68G4BC! :@H.R MI8;]7#KM8BGR151X?X!#-ZE+>^T"JO/(O&>0+V@2!^+?# <*:AGIZ>Z.Y)(T!PQ MMD?)NN_#P\/0DZ4>M)X%NL?)SHGCHHUDGS2V(LM!XJ"V87 ,$1$1$1$1$;F> MCXZ3Q2;?GKMC%I@?]-P=)]_.ZURK:GX4A0L1$1$1$1$1$1$1$1$1$1$1$1$1 M$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1 M$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$?D9O+V]O1R)SQ\?'_-BKZ^O[^_O M?8'W$7UML658?'Q\>Z_(R5*54U[/?[V+?6%NO6V#@L%JO:VKRH/X[2'#>* M10VUV//S\[#".)&F0HB-^P/UVV@_Y[A&'I33C(;5.F/W85.;17>4H:E-PZ+8 M[P/S1?JPAR&.A5Q ]P95S6#'V-AT792)[7'<_EA9S[ /.=GX-CJ_J9">;Z0) MKE&]S3CNT]-3JAS4.3\[$1$1$1$1^5_!NG6WV[&$C"5J_(U%(DO+7'O&&C:+ MQ0J48K$.C2WQMRY18X',QH<"):.&+!G'C?IC8QPKBT7E'#=7RK%6C8U4&*O: MV!Y'CUUB2Q2K:_#8SL:F0C;V2^^H;7<@3J39SKYT J><6U(*X#2K=M$WE9[L MFYJ'KMK"!)6 S[$4 M'1;+W>O:DR5J(PA$#:Q24T-@<5WED>5H&U K9"7;+(TQ;VBVL\IN5N5982S; MF_9@'=$H*NS2G-W0Y*#7+MC2&QOT34WM@J.G?'&6=M'T<-/XN7;1M'--N^"J MI8%$;PV2VD6CP_3:1?1AK^$LQTM9+QF=,Y1*%"Y$1$1$1$3^A["B;)2!GEAO MQJIS6(ROZAIYJ%W$JG--NQA*#6@7N7;NU8.^PJ%VD>VIZDH0S:.1J!.-RT,> M8KMVP6H]MC1K\V6DVZ2:@7B2J_ZSM(MH0 T$T4?M6-,N."GT'/9:TR[H4@Q. MAGI"RC5Y(ARNUR[6:NBA<^K9K47;$!$1$1$1D?\#+.$;FX1)L6'H1=;@C3/% MT&>D"@OI,T)@!*!8OIW'GV5M+=^H!^DS4H^;3BA54D!,8*']\O*R)LN$@/O<1)]:T"YQ9JO/(FG;!E8T"41M';!K& M>>%#5'681KO(FZ07=GK0+NK9!4,C$Q$1$1$1$?D_\'7:1:X]6=(B*321/]-E M(VEB=5Z@7=0*B ]I=,&R'8&B7QU_@W:Q'$Q??_./7U&\'=(FC:L"0N]CP;:!184 M-)[U?:Q7*0 M+_+<&^TB3Z?1H)I[H&H72]%ALG!>T&'4D3Q6;>0DWH6(B(B(B(C\#R$E*._* MZYHTMI-&A(VU6%UF9HZ2NH[NXUWDF_0J30SC7?2@2/PJR4F7@_Z0[[I\;JQ-+AKZI5%*M5AKM8BFK_J&*TG K[6(IUA>- M=I&!4&HO<:W[\*2UW]+ZHM$N\G+7=*C+,3]OTSEJ%R(B(B(B(E+)Q34K^EA% MQM]\$9_+TI0O8F,68S7:A,$\.N8K;4NS%EN-[$Z M69N?#(:9LD.3<.0L[:)O:O9DT]1>NUB*]<5W:A?+9^N+W(@?4-,,>KB:7O3: MQ5)TF%^?I",&[@&L&R, M+;T/15\L%J1-HI#8&-\VB_I8WC9!%S,DPI;5:!P%R8+C1AOZYL46OFHL0UB& MQ^Z<)F7ZA+ TIN;K1-6I DX]3:PU&MUF8U.Q86BZ*+NN)AL=,NSAANS>K(KZ M^]-!HN&XG#L7J[&368KS2VI0=$*?4V;M1+"RR+RKV'4TMQ!U#CF9$$=$1$1$ M1$1^-H0=V)*/6XX[W.7D<2')E9@HP(#$T"C P,# P,# P,# @-C4U,S4@9B *,# P,# P,C8X M,B P,# P,"!N( HP,# P,# S,C@Q(# P,# P(&X@"C P,# P,#(W,C<@,# P M,# @;B *,# P,# P,3,T-R P,# P,"!N( HP,# P,# P,#$U(# P,# P(&X@ M"C P,# P,#,P,3$@,# P,# @;B *,# P,# P,S$P,2 P,# P,"!N( HP,# P M,# R-3,Q(# P,# P(&X@"C P,# P,#$V-#@@,# P,# @;B *,# P,# P,34Q M,B P,# P,"!N( HP,# P,# S,3DP(# P,# P(&X@"C P,# P,#,S,S@@,# P M,# @;B *,# P,# R.#4Y." P,# P,"!N( ITF4@,30^/@HE:51E>'0M0V]R92TW+C(N- HE:51E>'0M<&1F2%1-3"TT+C N 8- IS=&%R='AR968*,CDQ,C$*)25%3T8* end TEXT-EXTRACT 2 filename2.txt September 4, 2024 Benjamin W. Jaenicke Chief Financial Officer CBL & Associates Properties, Inc.. 2030 Hamilton Place Blvd. Suite 500 Chattanooga, TN 37421 Re: CBL & Associates Properties, Inc.. Form 10-K for the fiscal year ended December 31, 2023 Filed February 29, 2024 File No. 001-12494 Dear Benjamin W. Jaenicke: We have reviewed your filing and have the following comments. Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Form 10-K filed February 29, 2024 Management's Discussion and Analysis of Financial Condition and Results of Operations Leasing , page 50 1. We note your disclosure on page 51 of average annual base rents per square foot (inclusive of the impact of any rent concessions) for the two prior fiscal years, and also your disclosure explaining the results from new and renewal leasing, which is disclosed in terms of gross rent per square foot. In future Exchange Act periodic reports, please also add disclosure regarding your new and renewal leasing in terms of base rent per square foot, inclusive of the impact of rent concessions, or advise. Additionally, in future Exchange Act periodic reports, please revise to add narrative or footnote disclosure describing the rent concessions and any material changes in amount or type. Item 9A. Controls and Procedures Conclusion Regarding Effectiveness of Disclosure Controls and Procedures, page 63 2. Please amend your filing to disclose management's conclusion regarding the effectiveness September 4, 2024 Page 2 of the Company's disclosure controls and procedures. Refer to Item 307 of Regulation S- K. Note 7. Unconsolidated Affiliates, page 87 3. Please disclose the name of, and your percentage ownership in, the common stock of each unconsolidated entity in accordance with ASC 323-10-50-3. To the extent that you have an investment in excess of 50% of the common stock of the entity, describe the rights of the joint venture partner that preclude you from consolidating the entity. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact Peter McPhun at 202-551-3581 or Kristina Marrone at 202-551-3429 if you have questions regarding comments on the financial statements and related matters. Please contact Catherine De Lorenzo at 202-551-3772 or Dorrie Yale at 202-551-8776 with any other questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction