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Countywide Public Financing Authority <br /> Stone& Youngberg LLC <br /> MBIA Insurance Corporation <br /> U.S. Trust Company of California,N.A. <br /> July 31, 1996 <br /> Page 2 <br /> We have reviewed and are familiar with the provisions of Sections 5.3, 5.4 and 5.5 of the Lease <br /> Agreement and have compared the coverage provided by the City's existing insurance policies, <br /> or the availability thereof (and the City's existing self-insurance coverage, if any) with the <br /> provisions of the Lease Agreement and certify that the City's insurance meets the minimum <br /> requirements set forth in the Lease Agreement, <br /> Very truly yours, <br /> ,cf�C/% <br /> .--- Sharon W.Nash t <br /> Executive Vice President <br /> SWN/stb <br /> Enc. <br /> 2 <br />