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Honorable Michael J. Murphy Washington State Treasurer P.O. Box 40200 Olympia, WA 98504-0200

Dear Mr. Murphy:

By letter previously acknowledged, you have requested an opinion on several questions concerning a proposed construction project on land in Olympia called the "Wheeler Block." For [original page 2] clarity, we have slightly paraphrased some of the questions. The questions we address are as follows:

1. Does the maximum occupancy cost per square foot provision ofsubsection (8) of the capital budget authorization for the Wheeler Blockdevelopment apply to all or only to some of the…