(1) S&P has assigned an AA- (stable outlook) rating to the Bonds.

(2) 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     2019 Bonds  2019 A Bonds   Total 
     -------     ----------  ------------   -------
     AGC         $9,600      $3,250         $12,850
     AGM         $9,600      $3,250         $12,850
     BAM         $7,500      $2,400          $9,900
     MAC         $9,600      $3,250         $12,850

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

^*Preliminary, subject to change