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<div class=Section1>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Now that the closing date has been established and in order
to maximize our investment options and set up the required cash flow it is
necessary to update your cash flow projections. Please send in your
revised cash flow projections, by project, on the attached form. These
forms will be due by November 22<sup>nd</sup>, the Tuesday before
Thanksgiving. <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>The State Treasurer will use these figures to make
investment decisions over the life of the bond project so please give some
thought to your estimated need. Thanks.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
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