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<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>Please indicate your interest in
participating in a second round of the Master Lease equipment program by
returning the attached survey to me by no later than close of business on <u>September
26, 2008</u>, if not earlier. <o:p></o:p></span></font></p>

<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>

<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>If we find sufficient demand, the
following schedule is the approximate timeframe for bond closing and available
proceeds.  The bond oversight application process will be conducted simultaneously,
so those documents are also included as attachments so you may begin the
necessary process to obtain the necessary approvals and required supplemental
documents. <o:p></o:p></span></font></p>

<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><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 <font color=navy><span style='color:navy'>current</span></font>
timeline is as follows:<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 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>September  26th</span></font><font
size=2 face=Arial><span style='font-size:10.0pt;font-family:Arial'>          
Deadline to submit project listing and estimated amounts<font color=navy><span
style='color:navy'><o:p></o:p></span></font></span></font></p>

<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>October 8<sup>th</sup>                  
Deadline to return the BOND OVERSIGHT application with appropriate attachments.<o:p></o:p></span></font></p>

<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>October 23<sup>rd</sup>      </span></font><font
size=2 face=Arial><span style='font-size:10.0pt;font-family:Arial'>          
Approval by the State Regents for submission to Bond Oversight<o:p></o:p></span></font></p>

<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>October 30<sup>th</sup>                 </span></font><font
size=2 face=Arial><span style='font-size:10.0pt;font-family:Arial'>Consideration
by Bond Oversight<o:p></o:p></span></font></p>

<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>December  11th     
</span></font><font size=2 face=Arial><span style='font-size:10.0pt;font-family:
Arial'>      Tentative closing date.<o:p></o:p></span></font></p>

<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>

<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>Please let me know if you have questions.
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;
font-family:Arial'><o:p> </o:p></span></font></p>

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