Application for Exemption Under Prohibited Transaction Class Exemption 96-62

This document is about the application by the Mark R. Madura Sole Proprietorship Profit Sharing Plan to purchase a residential property currently owned by the plan. The plan seeks authorization from the Department of Labor under Prohibited Transaction Exemption 96-62 to sell the property to the plan's trustees and participants, Mark and Margaret Madura, at the property's fair market value. The document outlines the details of the proposed transaction, including the plan's purchase and management of the property, the independent appraisal of the property's value, and the rationale for the transaction being in the best interest of the plan and its beneficiaries.