August 2011

INDEPENDENT CITIES FINANCE AUTHORITY
HOSPITAL REVENUE BONDS SERIES 2011
IN PARTNERSHIP WITH DOWNEY REGIONAL MEDICAL CENTER-HOSPITAL, INC.

Wolf & Company has been selected by the Independent Cities Finance Authority as the Oversight Agent for the Downey Regional Medical Center-Hospital, Downey, California.  The Oversight Agent monitors the performance of the hospital in accordance with the 2011 Bond Documents on behalf of Independent Cities Finance Authority, Hospital and the Bond Investors.  For information on the duties of the Oversight Agent please do not hesitate to contact us 213 744 0437.  For information this Hospital financing please contact Debbie Smith of ICFA at 877 906 0941 or Pam Newcomb of Kinsell, Newcomb & De Dios, Inc at 760 444 1000.