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MB, 1 MBIA Insurance Corporation <br /> �/1 113 King Street <br /> Armonk,NY 10504 <br /> 914 273 4545 <br /> VIA COURIER <br /> • <br /> July 29, 1996 <br /> Brian D. Quint, Esq. <br /> Jones Hall Hill & White <br /> Four Embarcadero Center, 19th Floor <br /> San Francisco, California 94111 <br /> RE: $27,725,000 Countywide Public Financing Authority (California), 1996 Revenue <br /> Bonds <br /> Dear Mr. Quint: <br /> Enclosed please find MBIA Insurance Corporation's Policy No. 21618 dated July 31, 1996 and <br /> letter of instruction addressed to U.S. Trust Company of California, N.A., as Paying Agent for <br /> the referenced obligations. <br /> The premium in the amount of$189,000 should be wired to our account number 910-2-721728 <br /> with The Chase Manhattan Bank, New York, New York on the day of closing. The Bank's <br /> number is ABA# 021000021. Please reference Policy No. 21618 in the wire transaction. Please <br /> call me at (914) 765-3936 and notify me when the wiring is completed. We will need the <br /> Federal wire number in order to facilitate verification of the transaction. Once receipt of the <br /> premium has been verified, clearance will be given to release the Policy and letter of instruction <br /> to the Paying Agent. We would appreciate receiving three executed unbound copies of the <br /> closing transcripts within 60 days of the closing. <br /> Thank you for agreeing to act in our behalf at the closing. If you have any questions, please <br /> contact our offices. <br /> Sincerelyy <br /> Ti ,�n'Kilkelly.�� <br /> Associate <br /> Documentation & Closing Department <br /> Direct Dial: 914-765-3936 <br /> Fax Number: 914-765-3161 or 3162 <br />