(1) A Revised POS has been posted to reflect: a new CDA has been included in Appendix C. It has been revised to match the requirements listed on page 22 of the POS.

(2) S&P has assigned an 'A+ (stable outlook)' rating to the Bonds.

(3) In accordance with the "Municipal Bond Insurance and Credit Rating" section of the Invitation to Bid for the Bonds, bidders only have the option to bid for the Bonds without insurance, or with insurance from one of the following insurers at the respective premiums:

  
     Insurer   Premium
     -------   -------
     AGM       $29,000
     BAM       $30,100

The cost of insurance and rating will be paid by the issuer.

^*Preliminary, subject to change