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<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'><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 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
18, 2009</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 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 18, 2009</span></font><font
size=2 face=Arial><span style='font-size:10.0pt;font-family:Arial'> <font
color=navy><span style='color:navy'>D</span></font>eadline 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 22nd </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 29<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 2<sup>nd</sup>
</span></font><font size=2 face=Arial><span style='font-size:10.0pt;font-family:
Arial'> <font color=navy><span style='color:navy'> </span></font>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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