The rating on Colorado Educational and Cultural Facilities Authority's bonds, issued on behalf of Rocky Mountain Shambala Center Inc., is based on a direct-pay LOC provided by Wells Fargo Bank (AA-/A-1+). The initial LOC will provide for payment for regularly scheduled principal and interest as well as coverage for unremarketed tendered bonds at a maximum of 10% per annum. The scheduled expiration date of the LOC is Jan. 15, 2011. Initially, the bonds bear interest at the weekly rate and can be converted to bear interest at the annual and fixed rates. The weekly rate and annual rate bonds are subject to optional tenders upon bondholders providing adequate notice. The bonds are subject to mandatory tender upon expiration of the
