Item 9 Preliminary Official Statment Dated February 25, 1994

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Auction Rate increases, and increase when such rate decreases. In the event the Auction Rate is equal to a maximum rate determined prior to issuance of the Bonds, the Inverse Rate will equal zero. An owner of a like principal amount of ARS and IRS may combine such securities to form AIRS bearing interest at the Fixed Rate ("Fixed ARS"). An owner of IRS may cause a mandatory tender of ARS for purposes of creating Fixed AIRS. An owner of Fixed AIRS may separate such securities into a like principal amount of ARS and IRS, Such ARS and IRS will no longer bear interest at the Fixed Rate, but will bear interest at the Auction Rate or the Inverse Rate, as the case may be. ESTIMATED SOURCES AND USES OF BOND PROCEEDS The proceeds received from the sale of the Bonds (excluding accrued interest on the Current Interest Bonds which will be deposited into the Interest Account of the Revenue Fund) are estimated to be applied as follows: SOURCES OF FUNDS Principal Amount of Bonds $ Underwriters' Discount Original Issue Discount Total Sources: $ USES OF FUNDS Interest Account(1) $ Reserve Account (2) Cost of Issuance Fund Acquisition Fund $ Total Uses: $ (1) Represents interest on Current Interest Bonds capitalized to , 199 . (2) Equals the Reserve Requirement. DEBT SERVICE The ase s City to e Base on January 1,,11995, and co continuing until l the end eof ttheal ayments on term of the Lease. Each Base Rental I and July 1 of each payment beginning payable by wire transfer on the last Business Day immediately preceding its due date. The interest componentsco be of the Base Rental payable by the City under the Lease shall be paid by the City as, and shall constitute interest paid on the principal components of the Base Rental payable by the City under the Lease. Base Rental payments have been calculated to be at least sufficient to meet debt service on the Bonds due on each Interest Payment Date. 9