(1) The Bonds have been assigned an S&P rating of: A+ (Stable Outlook).
(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 Premium ------- ------- BAM: $23,800 MAC: $22,500 AGM: $22,500
The cost of insurance and rating will be paid by the issuer.
*Preliminary, subject to change
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