MAC Disclaimer

DISCLAIMER. The Content includes or may include data contained in one or more Texas Municipal Reports (“TMR”). Each TMR has been prepared or for MAC for informational purposes only, and is not intended to be, and should not be considered as, a recommendation, endorsement or solicitation to buy or sell any security of the issuer to which it applies. The information set forth in the TMR has been obtained from the issuer and from sources believed to be reliable, but the MAC has not independently verified such information. The MAC specifically disclaims any responsibility for, and makes no representations, warranties or guarantees about, the completeness or accuracy of such information. In this connection, the TMR reflects information as of the date referred to in the TMR, as derived from filings received by the MAC from the issuer. The TMR will be updated in the ordinary course as filings are received from the issuer, but the MAC specifically disclaims any responsibility for doing so. The reader of the TMR is advised to obtain current information from other sources before making any investment decision respecting the securities of this issuer.