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Get CA Notice of Material Event Under Sec Rule 15c2-12

Series 2005B On behalf of the Redevelopment Agency of the City of San Jose, we would like to inform you of the following material events on the issue captioned above (the “Bonds”). The Bonds and all other issues insured by Financial Guaranty Insurance Company and its subsidiaries (collectively “FGIC”) have had their insured ratings downgraded by the following rating agencies: • On January 30, 2008, Fitch Ratings downgraded FGIC to ‘AA’ from ‘AAA’ with a “Rating Watch Negati.

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