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SECTION 8— FINANCIAL RESPONSIBILITY (CAPACITY) I Paget <br />DEMONSTRATED FINANCIAL CAPACITY <br />Central Parking is a wholly owned subsidiary of Standard Parking Corporation. <br />Standard Parking Corporation, a publicly traded company (NASDAQ:STAN), after the <br />successful merger with Central Parking presently operates approximately 4,400 <br />parking facilities and municipal on -street contracts throughout the United States and <br />Canada. Accordingly, our financial statements are public information. <br />Standard Parking Corporation's most recent audited financial statements are being <br />submitted in a separate sealed envelope as an exhibit and are also available from <br />our web site: Outstanding loans/debts are <br />described in the financial statements. Moreover, as a public company, we are <br />subject to stringent requirements of the SEC and the Sarbanes-Oxley Act, which gives <br />the County a sound basis for receiving the highest possible level of accountability. <br />Finally, we manage parking facilities in properties of all kinds (municipal, hospital, <br />university, office, mixed-use, retail, and residential, sports stadium, special event, <br />airport. and commercial). As a combined company, Central and Standard Parking <br />also employs more than 26,000 employees and collects more than $2 billion in <br />annual revenues on behalf of its clients. In total, we oversee more than two million <br />parking spaces in over 335 cities. Therefore. we feel absolutely confident we have <br />the ability to perform any financial obligations the City of Santa Ana has outlined in <br />the scope of services. <br />25A-116 <br />