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Y <br /> as of September 30, 1982, included in the Of�icial Statement; or (ii) for the period from Octo- <br /> ber 1, 1982 to October 3, 1983, there were any decreases, as compared with the corresponding <br /> � period in the preceding year, in the excess of revenues over expenses. On the basis of these in- <br /> quiries and our reading of the minutes as described in paragraph 3, nothing came to our atten- <br /> tion that caused us to believe that there was any such change or decrease, except in all instances <br /> for changes or decreases that the Offcial Statement discloses have occurred or may occur. <br /> 6. This letter is solely for the information of,and assistance to, Smith Barney, Harris Upham <br /> & Co. Incorporated in conducting and documenting their investigation of the affairs of the Cor- <br /> poration in connection with the offering of the securities covered by the Official Statement, and <br /> is not to be used, circulated, quoted or otherwise referred to within or without the underwriting <br /> group for any other purpose, including but not limited to the registration, purchase, or sale of <br /> securities, nor is it to be filed with or refened to in whole or in part in the Official Statement or <br /> any other document, except that reference may be made to it in the underwriting agreement or <br /> in any list of closing documents pertaining to the offering of the securities covered by the O�cial <br /> Statement. <br /> Very truly yours, <br /> II-3 <br />