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065-03 BOARD OF SUPERVISORS Resolution Annandale Millwork/Allied System Corporation WHEREAS, Annandale Millwork/Allied System Corporation currently operates in Frederick County, Virginia and has made known its intent to expand its operations by acquiring new real estate and equipment and adding new jobs; and WHEREAS, the company meets the policy guidelines of the Frederick County Economic Development Incentives Fund as established by the Winchester-Frederick County Economic Development Commission in 1995; BE IT RESOLVED, that the Board of Supervisors for the County of Frederick, Virginia does hereby approve the payment of $70,000.00 to the Industrial Development Authority of Frederick County, Virginia from the Frederick County Economic Development Incentive Fund to assist in expanding Annandale Millwork/Allied System Corporation operation to include a manufacturing and distribution center for roof trusses at their Frederick County, Virginia facility. BE IT RESOLVED, that said funds are subject to an executed Memorandum of Understanding outlining the required performance criteria. BE IT FURTHER RESOLVED, that the Board of Supervisors for the County of Frederick, Virginia, does authorize the County Administrator to execute the Memorandum of Understanding on its behalf. Upon motion duly made by Harrington Smith, seconded by Robert M. Sager and on the votes hereafter recorded, ADOPTED, thislJ:.., th day June ,2003. Richard C. Shickle Aye Aye Sidney Reyes ~ Margaret B. Douglas Aye Robert M. Sager Aye Lynda Tyler W. Harrington Smith, Jr. Aye Gina Forrester Aye A COPY TESTE: ~6 Clerk, Board of Supervisors BOS Resolution No.: 065-03 MEMORANDUM OF UNDERSTANDING THIS MEMORANDUM OF UNDERSTANDING, (the "Memorandum") made and dated this _ day of June, 2003, evidences the agreement among the COUNTY OF FREDERICK, VIRGINIA, a political subdivision of the Commonwealth of Virginia (the "County"), the INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF FREDERICK, VIRGINIA, a political subdivision of the Commonwealth of Virginia (the "IDA"), the WINCHESTER-FREDERICK COUNTY ECONOMIC DEVELOPMENT COMMISSION, a joint commission of the City of Winchester and Frederick County, Virginia (the "Commission"), ANNANDALE MILLWORK/ALLIED SYSTEMS CORPORATION ("Annandale"), a Delaware corporation, regarding an expansion in the Commonwealth of Virginia for Annandale's manufacturing and distribution activities related to roof trusses. RECITALS A. Annandale intends to invest Two Million Dollars Seven Hundred and Forty Thousand ($2,740,000.00) in taxable real estate and taxable improvements, to invest One Million Five Hundred Fifty Thousand Dollars ($1 ,550,000.00) in new taxable machinery and tools and to create one hundred (100) net new jobS through the expansion (the "Facility") to be located in Frederick County, Virginia (collectively the "Project"). B. The County agrees to make a cash grant to the IDA in the sum of Seventy Thousand Dollars ($70,000.00), and the IDA agrees, upon receipt of such funds, to make a cash grant to Annandale in an identical amount (the "IDA Grant") to be applied by Annandale in order to complete the Project, as more fully set forth hereinafter. NOW THEREFORE WITNESSETH: That for and in consideration in the sum ofTen Dollars ($10.00), cash in hand paid by each of the parties hereto unto the other, the receipt and sufficiency of which is hereby acknowledged, and other consideration deemed adequate at law, including, but not limited to, the covenants and conditions set forth in this Memorandum, the parties do hereby agree as follows: 1. Recitals: The Recitals are made a material part hereof and incorporated herein by reference as if set out in full. 2. Terms and Conditions of Disbursement: a. The obligations of the IDA to make disbursement of the IDA Grant to Annandale is expressly contingent upon receipt of such funds by the IDA from the County. b. Provided that the IDA receives the IDA Grant in a timely fashion, the IDA shall disburse such funds to Annandale after October 1, 2003, but no later than November 1, 2003. 3) Reimbursement/Default: Annandale agrees to make reimbursement of the IDA Grant as described in Section 4, below, in the event that Annandale fails to satisfy all the following terms and conditions, as reasonably determined by the IDA: a. Annandale acquires and has fully operational taxable real estate in an amount of not less than $2,740,000.00 and taxable machinery and tools in an amount of not less that $1,550,000.00 at the Facility located in Frederick County, Virginia by September 30, 2004; b. Annandale creates one hundred (100) net new jobs associated with the Project by September 30, 2007; c. Annandale employees created by the Project will average an annual salary of not less than $21,000.00 excluding benefits by September 30, 2007; d. Annandale maintains the level of taxable investment, new jobs and wage levels created as part of the Project until September 30,2007; and Annandale maintains and continues the operation of the Project in Frederick County, Virginia for a four (4) year period commencing on September 30,2004. e. Annandale pays all Frederick County taxes in a timely manner; f. Annandale shall, within 30 days of notice of any non-compliance. meet and comply with the provisions of Chapter 165 of the Code of Frederick County, Virginia. MOU: Annandale Millwork/Allied Systems Corporation: June 2003 Frederick County, Virginia page 2 of 5 4. Refund: a) In the event that Annandale fails to meet all of the foregoing conditions setforth in Section 3, above, (the "Conditions") then and in that event Annandale shall refund to the IDA such portion of the IDA Grant as is proportionate to Annandale's shortfall in satisfying the Conditions (the "Annandale Refund"). Upon receipt of the Annandale Refund, the IDA shall return the same, or such proportionate share thereof as called for herein, to the County. b) Notwithstanding the foregoing, if Annandale has met ninety percent (90%) of the investment and employment goals set forth in this Memorandum by June 30, 2004, maintains the level of investment and jobs created through the Project for a periOd of two (2) years beginning on September 30, 2004, and remains fully operational in Frederick County, Virginia for a period of four (4) years until September 30,2008, then and in that event, Annandale shall be deemed to have substantially complied with the terms of this Memorandum and shall no longer be obligated to repay the Annandale Refund or any portion thereof unto the IDA. 5. CooDeration: The County agrees to use its best efforts to "fast track" any building permits required for the construction and installation of the Facility by Annandale so that the appropriate building permits, if otherwise prepared and submitted in proper form, can be issued in a timely manner in order to meet the deadlines set forth above. The County and the Commission agree to reasonably cooperate with Annandale, its equipment suppliers and its equipment contractors, in order to assist Annandale in meeting its operational deadline so that the Facility is equipped by not later than September 30, 2004. Nothing contained in this Section 5 shall be interpreted to in any way require the County to issue any building permits unless and until all applicable terms and conditions as required by law for such building permits have been met and satisfied by Annandale. 6. Time: Time is of the essence as to all matters set forth in this Memorandum. , MOU: Annandale Millwork/Allied Systems Corporation: June 2003 Frederick County, Virginia page 3 of 5 7. Bindina Effect: This Memorandum shall be binding upon and inure to the benefit of the parties hereto and their respective successors upon the date of acceptance of this Memorandum. 8. Construction: This Memorandum and the terms thereof shall be interpreted and construed in accordance with the laws of the Commonwealth of Virginia. 9. Assianment: This Memorandum may not be assigned by any party hereto. 10. Ratification and ImDlementatlon: This Memorandum must be fully ratified by all parties hereto not later than 5:00 p.m. on September 30, 2003, and the implementation by Annandale of the terms of this Memorandum must have commenced by September 30, 2004; otherwise, this Memorandum and the terms hereof shall be deemed withdrawn and of no further force and effect. MOU: Annandale Millwork/Allied Systems Corporation: June 2003 Frederick County, Virginia page 4 of 5 COUNTY OF FREDERICK, VIRGINIA By: John R (SEAL) o nty Administrator INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF FREDERICK, VIRGINIA By: (SEAL) WINCHESTER-FREDERICK COUNTY ECONOMIC DEVELOPMENT COMMISSION By: (SEAL) ANNANDAlE MillWORK/ALLIED SYSTEMS CORPORATION By: (SEAL) MOU: Annandale Millwork/Allied Systems Corporation: June 2003 Frederick County, Virginia page 5 of 5 APPENDIX A NET FISCAL IMPACT PROPOSAL: Annandale Millwork/Allied System Corporation 1 ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR NET DIRECT FISCAL IMPACT Annual Return $44,704 $49,318 $51,195 $52,616 $56,722 Cumulative Return $44,704 $94,022 $145,218 $197,834 $254,555 NET INDIRECT RESIDENTIAL FISCAL IMPACT Annual Return ($6,613) ($7,111) ($7,609) ($8,108) ($8,108) Cumulative Return ($6,613) ($13,724) ($21,333) ($29,441) ($37,549) NET IMPACT Annual Return $38,091 $42,207 $43,586 $44,508 $48,614 Cumulative Return $38,091 $80,299 $123,884 $168,393 $217,006 IThree (3) Year Return $123,8841 $217,0061 lFlve (5) Year Return ASSUMPTIONS Demooraohics Persons per Residential Unit School Children per Residential Unit 2.60 0.70 Investment and Emolovee Plan (totals. 5 Year) Real Estate Machinery & Tools Personal Property Business License $2,740,000 $1,550,000 $0 $0 100 $10.10 APPENDIX B ASSUMPTIONS PROPOSAL: Annandale Millwork/Allied S . SSUMPTIONS NOTE: ALL VALUES ARE FY ANNUAL TOTALS Residential Per Residential Unit Real Estate Tax Revenue Per Residential Unit Other General Fund Revenue Per Residential Unit General Fund Service Per Residential Unit General Fund Service (no educ) $1,220 $1,665 $3,124 $830 Per Capita Fiscal Impact Analysis Model, Frederick County 2002 Per Capita Fiscal Impact Analysis Model, Frederick County 2001 Per Capita Fiscal Impact Analysis Model, Frederick County 2002 Per Capita Fiscal Impact Analysis Model, Frederick County 2001 Capital Facilities Cost per Pupil (Elementary) Capital Facilities Cost per Pupil (Middle) Capital Facilities Cost per Pupil (High) Capital Facilities COsts: Fire & Rescue. Per Residential Uni' Capital Facilities Costs: Public Safety. Per Residential Unit Ca ltal Facilities COsts: Parkland - Per Residential Unit Per Capita Fiscal Impact Analysis Model, Frederick County 2002 Per Caplts Fiscal Impact Analysis Model, Frederick County 2002 Per Capita Fiscal Impact AnalysiS Model, Frederick County 2001 Per Capita Fiscal Impact Analysis Model, Frederick County 2002 Per Capita Fiscal Impact Analysis Model, Frederick County 2002 Par Ca Ita Fiscal Impact Ana sls Model, Frederick Coun 2002 "I-Residentlal See Investment and Employment Plan Sheet See Investment and Employment Plan Sheet $175 . Per Capita Fiscal Impact Analysis Model, Frederick County 2002 Real Estate Tax Return M&T,BPOL,BE,PP.Tax Per Employee Other General Fund Revenue Per Employee General Fund Service Capital Facilities Costs: Public Safety. Per Employee $132 $2 Per Capita Fiscal Impact Analysis Model, Frederick County 2002 Per Capita Fiscal Impact Analysis Model, Frederick County 2002 Average Hourly Wage Employee $10.10 Consultant estimates .~es~ ." .. '." ,10% ,Consu~tantestimates.. ...... :'. .... .... '''''''.: ,\',i,o ~~..~~~~~.~ Taxes Real Estate Machinery and Tools Year 1 (60%) Year 2 (50%) Year 3 (40%) Year 4 (30%) $0.73 $2.00 $1.20 $1.00 $0.80 $0.60 $4.20 $1.26 60% 50% 40% 30% Personal Property property taxed at 30% of original value Weldon Cooper Center, University of Virginia Weldon Cooper Center, Unlvers~y of Virginia Weidon Cooper Center, University of Virginia Weldon Cooper Center, University of Virginia Weldon Cooper Center, University of Virginia Weldon Cooper Center, Unlvarslty of Virginia Weldon Cooper Center, University of Virginia Weldon Cooper Center, University of Virginia Sales Tax 1 % Weldon Cooper Center, University of Virginia Other Assumotions enUe and expenditure (Opereting & Capital) Levels will remain at 1999 - 2000 ievels No change. in any tax rates No slack capacity in any general fund revenue. and operating expenditures No changes In number of persons per residential unit or school children par residential unit APPENDIX C INVESTMENT AND EMPLOYMENT PLAN PROPOSAL: Annandale Millwork/Allied Stem Corporation Projected Plans 1 ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR Value of New Construction Phase 1 Phase 2 Phase 3 Phase 4 2,740,000 Annual Value CumuleJIve Value 2,740,000 2,740,000 2,740,000 2.740,000 ,2,740,000 2,740,000 ~~ 1,550,000 930,000 775,000 620,000 465,000 465,000 Value of Machinery & Tools Phase 1 Phase 2 Phase 3 Phase 4 Annual Value 930,000 775,000 620,000 465,000 465,000 Cumulative Value 930,000 1,705,000 2,325,000 2,790,000 3,255.000 ~..IA1l!~.i~_~~~~ Value of taxable personal property Phase 1 Phase 2 Phase 3 Phase 4 Annum Value Cumulative Velue - '~'. ~~ . - ~_~1_B ~ alo Tax Return from Employees Phase 1 Phase 2 Phase 3 3,193 3,649 6,642 4,105 10,948 4,105 15,053 4,105 19,158 Annual Value 3,1 93 10,492 15,053 19,158 23,264 CumuleJIve Value 3,193 13,685 28,738 47,896 71,160 ~~~~'ii_~.~'_ 1 ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR 70 Projected Employment Phase 1 Phase 2 Phase 3 10 10 10 Annual Vaius 70 10 10 10 CumuleJlve Value 70 80 90 100 100 ~~~~~~~."TSi~_ 1ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR 1,470,000 1,470,000 1,470,000 1,470,000 1,470,000 210,000 210,000 210,000 210,000 210,000 210,000 210,000 Phase 4 Projected Waso Phase 1 Phese 2 Phase 3 Phase 4 Annual Value Cumulative Value 1,470,000 1,470,000 1,680,000 3,150,000 1,890,000 5,040,000 1,890.000 6,930,000 1,890,000 8,820,000 APPENDIX 0 DIRECT FISCAL IMPACT PROPOSAL: Annandale Millwork/Allied System Corporation DIRECT REVENUES Real Estate Tax Return 1ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR Annual RrlVenues $20,002 $20,002 $20,002 $20,002 $20,002 Cumulative Revenues $20,002 $40,004 $60,006 $60,008 $100,010 M&T, BPOL, BE, PP" Tax 1ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR Annual Revenues $18,600 $15,500 $12,400 $9,300 $9,300 Cumuletive Revenues $18,600 $34,100 $46,500 $55,800 $65,100 Sales Tax 1ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR Annuel Revenues $3,193 $10,492 $15,053 $19,158 $23,264 Cumulative Revenues $3,193 $13,685 $28,738 $47,896 $71,160 Local sales tax receIpts ref/ect portion of purchases by new workers (Based on 54,5% of annual payroll spent on taxable purchases. US Chamber 2000) (New taxable sales based on proportion of total taxable sales between Winchester and Frederick County for 1999. Virginia Department of Taxation) Other General Fund Revenue 1ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR Annual Revenues $12,252 $14,003 $15,753 $17,503 $17,503 Cumulative Revenues $12,252 $28,255 $42,008 $59,511 $77,014 DIRECT REVENUES 1 ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR Annual Revenues $54,047 $59,996 $63,208 $65,964 $70,069 Cumulative Revenues $54,047 $114,043 $171,251 $243,215 $313,264 ~- . i! General Fund: Operating Costs 1ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR Annual Costs $9,216 $10,533 $11,850 $13,166 $13,166 Cumulative Costs $9,216 $19,750 $31,599 $44,766 $57,932 Capital Facilities Costs 1ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR Annual Costs $127 $145 $163 $181 $181 Cumulative Costs $127 $271 $434 $615 $796 DIRECT EXPENDITURES 1ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR $10,678 $13,347 $13,347 $20,021 ~ ' , " NET DIRECT FISCAL IMPACT $49,318 $52,616 $56,722 APPENDIX E RESIDENTIAL FISCAL IMPACT PROPOSAL: Annandale Millwork/Allied System Corporation INDIRECT REVENUES Potential New Residential Units 1 ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR Annual Units 7 1 1 1 Cumulative Units 7 8 9 10 10 Real Estate Tax Return 1ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR Annual Revenues $8,540 $9,760 $10,980 $12,200 $12,200 Cumulative Revenues $8,540 $18,300 $29,280 $41,480 $53,680 General Fund Revenue (Other) 1ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR Annual Revenues $11,656 $13,321 $14,986 $16,651 $16,651 Cumulative Revenues $11,656 $24,976 $39,962 $56,613 $73,264 INDIRECT REVENUES 1ST YEAR 2ND YEAR 3RDYEAR 4TH YEAR 5THYEAR Annual Revenues $20,196 $23,081 $25,966 $28,851 $28,851 ~~~~- INDIRECT EXPENDITURES General Fund: Operating Costs 1 ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR Annual Costs $8,933 $9,763 $10,593 $11,422 $11,422 Cumulative Costs $8,933 $18,696 $29,288 $40,711 $52,133 Capital Facilities Costs 1ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR Annuel Costs $17,875 $20,429 $22,983 $25,536 $25,536 Cumulative Costs $17,875 $38,305 $61,287 $86,824 $112,360 INDIRECT EXPENDITURES 1ST YEAR 2ND YEAR 3RDYEAR 4THYEAR 5TH YEAR Annual Costs $26,808 $30,192 $33,575 $36,959 $36,959 .' Cumulative Costs . $26,808 $57,000, . $90,576, $127,534 , $164,,4~3 ~:!!_~----'"~~XI_,,"~_~~~ ~~~~~~~~~~~~~.~~~~~~~~f3! NET INDIRECT RESIDENTIAL FISCAL IMPACT ,,', d. ($7,111) ($7,609) ($8,108) ($8,108) ($13,724) ($21,333) ($29,441) ($37,549) .'.,l':' ;ll"'~~.~~.JI~~~~_ol,!Il\~.~ ..... .,~~~.Jm~~~j~~~~M.~.m~F.tt~~ Annual Return Cumulative Return APPENDIX I INDIRECT RESIDENTIAL CAPITAL FACILITIES COSTS PROPOSAL: Annandale Millwork/Allied System Corporation POTENTIAL NEW STUDENTS Elementary 1 ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR Annual New Public School Studlilnts 3 0 0 0 Cumulative New Public School Student 3 3 4 4 4 Middle 1ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR Annual New Public School Students 0 0 0 Cumulative New Public School Student 1 1 1 High 1ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR Annual New Public School Students 0 0 0 Cumulative New Public School Student 1 2 2 2 ..~- POTENTIAL CAPITAL FACILITIES COSTS Elementary 1ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR Annual Capital Facilities Costs 6,370 7,280 8,190 9,099 9,099 Cumulative Capital Facllllies Costs 6,370 13,649 21,839 30,938 40,038 Middle 1ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR Annual Capital Facilities Costs 3,761 4,298 4,835 5,372 5,372 Cumulative Capital Facilities Costs 3,761 8,058 12,893 18,265 23,638 High 1ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR Annual Capital Facilities Costs 5,464 6,244 7,025 7,805 7,805 Cumulative Capital Facilities Costs 5,464 11,708 18,732 26,537 34,342 l " POTENTIAL OTHER CAPITAL FACILITIES COSTS 1ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR Annual Capital Facll~les Costs 2,282 2,608 2,934 3,260 3,260 Cumulative Capital Facilities Costs 2,282 4,889 7,823 11,083 14,342 ~, '..;, " !ii....~~~'~ TOTAL RESIDENTIAL CAPITAL FACILITIES COSTS 1ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR Annual Cap~al Facilities Costs 17,875 20,429 22,983 25,536 25,536 Cumulative Capital Facilities Costs 17,875 38,305 61,287 86,824 112,360 - - ." 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'Q co Ci) 5 ~ 5 U- = C C '" CD 'jl '" CD :< l- e:> 0 :: :::J :::J I :;: s: :< :IS ::i l- s: I- ~ ~ ~ co ~ ~ ~ .. - '" >- ~I 'Q .. IV II .. .. co co 'Q 'Q ... ~ 'Q 'Q 'Q 'Q '" N '" 0 to <0 .... on N ... .. .. '0 ... I!! 2' .. l:i gj Q. 8' ~ c. 'l' 0 I- en rr. CD I- .... .. co Q) Cl .. D- 'S CI c III '" I!' 0> Z 0> 'l' all iii c c c '" .l:l CD .c:: :g- o. '6 S2 -t!: 'is. ., co t- ~ C 0. :: Il II:: ii: co CD 0.. >< :::J .Sl .. Q III ~ 1i u CIl <( Cii II: II) -< 3: ~ ~ '" ... i .. u = :; Oi c: Q. a: Q ~ .Sl Q .. Gl W W CIl U <( ~ E ~ u ... ..J CIl Z < B ... III .. .. I- ::i ~f:1 m I!J ~~ ) :tit) <.. :::J !::l '" .... It) <0 ... to ~ 0 ... '" M ~ tp- ON N N l:I '" N N M M M M ~;,; -N '" N N N N N N N N N N N eii 0..0 ~~ ~~ WINCHESTERIFREDERICKCOUNTY ~~ Economic Development Commission DATE: TO: June 5, 2003 FROM: John R. Riley, Jr. County Administrator Patrick Barker, AICFflf.1 Executive Director ~ V RE: Local Government Agreements for Annandale Millwork/Allied System Corporation expansion Attached for your review and comments are the Memorandum of Understanding (MOU) and BaS resolution for the manufacturing and distribution expansion of Annandale Millwork/Allied System Corporation (MC). As you recall, BaS seemed favorable in executive session in providing $70,000.00 to secure this expansion. MC is currently headquartered in Frederick County on Millwood Pike. At their Frederick County facility, MC produces wall panels, millwork and pre-hung doors and windows. MC has a premier customer base of residential builders, such as Pulte Home Corporation, Richmond American Homes, Centex Homes and Engle Homes. With the expansion, MC will expand their operations to include the manufacturing and distribution of roof trusses and new office space. The expansion will include several new industrial buildings and one new office building. For your information, attached is a brief building schedule for MC's expansion. I would like to request that the MOU for this project be placed on the BaS's June 11th agenda. Thanks for your help. I am available if you have any questions or comments on these materials on this project. Attachment: o Memorandum of Understanding o BOS Resolution o Net Fiscal Impact Analysis of Project o Building Schedule for Project 45 E. Boscawen Street. Winchester, VA 22601 phone: 540-665-0973. fax 540-722-0604. a-mail info@wininva.com web: http://www.wininva.com