- Quarterly Schedule of Portfolio Holdings of Registered Management Investment Company (N-Q)

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

 

Investment Company Act file number 811-10553

 

Nuveen Arizona Dividend Advantage Municipal Fund 2

(Exact name of registrant as specified in charter)

 

Nuveen Investments

        333 West Wacker Drive, Chicago, Illinois 60606         

(Address of principal executive offices) (Zip code)

 

Kevin J. McCarthy

Vice President and Secretary

        333 West Wacker Drive, Chicago, Illinois 60606         

(Name and address of agent for service)

 

Registrant's telephone number, including area code:         312-917-7700        

 

Date of fiscal year end:             2/28          

 

Date of reporting period:          11/30/11         

 

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

 

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

 

 

 

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Item 1. Schedule of Investments

 

 

		Portfolio of Investments (Unaudited)
		Nuveen Arizona Dividend Advantage Municipal Fund 2 (NKR)
		November 30, 2011
Principal			Optional Call
Amount (000)		Description (1)	Provisions (2)	Ratings (3)	Value
		Education and Civic Organizations – 10.8% (7.3% of Total Investments)
$ 1,130		Arizona Higher Education Loan Authority, Student Loan Revenue Bonds, Series 2007B, Auction	3/12 at 100.00	A	$ 786,446
		Rate Securities, 0.508%, 11/01/41 (Alternative Minimum Tax) (4)
450		Glendale Industrial Development Authority, Arizona, Revenue Bonds, Midwestern University,	5/22 at 100.00	A–	458,991
		Refunding Series 2007, 5.000%, 5/15/31
775		Glendale Industrial Development Authority, Arizona, Revenue Bonds, Midwestern University,	5/20 at 100.00	A–	777,093
		Refunding Series 2010, 5.125%, 5/15/40
485		Pima County Industrial Development Authority, Arizona, Charter School Revenue Bonds, Noah	12/14 at 100.00	BBB–	473,011
		Webster Basic Schools Inc., Series 2004, 6.000%, 12/15/24
210		Pima County Industrial Development Authority, Arizona, Education Revenue Bonds, Paradise	6/19 at 100.00	BBB–	181,919
		Education Center Project, Series 2010, 6.000%, 6/01/40
365		Pima County Industrial Development Authority, Arizona, Educational Revenue Bonds, Valley	7/18 at 100.00	Baa3	341,009
		Academy Charter School Project, Series 2008, 6.500%, 7/01/38
290		Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities	2/12 at 100.00	BBB–	290,099
		Financing Authority, Higher Education Revenue Bonds, Ana G. Mendez University System,
		Series 1999, 5.375%, 2/01/19
480		Tucson Industrial Development Authority, Arizona, Charter School Revenue Bonds, Arizona	9/14 at 100.00	BB+	412,594
		Agribusiness and Equine Center Charter School, Series 2004A, 6.125%, 9/01/34
		University of Arizona, Certificates of Participation, Series 2002A:
65		5.500%, 6/01/18 – AMBAC Insured	6/12 at 100.00	AA–	66,347
40		5.125%, 6/01/22 – AMBAC Insured	6/12 at 100.00	AA–	40,650
4,290		Total Education and Civic Organizations			3,828,159
		Health Care – 30.2% (20.4% of Total Investments)
845		Arizona Health Facilities Authority, Hospital Revenue Bonds, Banner Health Systems, Series	1/17 at 100.00	AA–	883,152
		2007A, 5.000%, 1/01/25
520		Arizona Health Facilities Authority, Hospital Revenue Bonds, Banner Health Systems, Series	1/17 at 100.00	AA–	340,278
		2007B, 1.059%, 1/02/37
1,150		Arizona Health Facilities Authority, Hospital Revenue Bonds, Banner Health Systems, Series	1/18 at 100.00	AA–	1,194,149
		2008D, 5.500%, 1/01/38
600		Arizona Health Facilities Authority, Revenue Bonds, Blood Systems Inc., Series 2004,	4/14 at 100.00	A	618,156
		5.000%, 4/01/20
400		Glendale Industrial Development Authority, Arizona, Revenue Bonds, John C. Lincoln Health	12/15 at 100.00	BBB	344,616
		Network, Series 2005B, 5.000%, 12/01/37
655		Glendale Industrial Development Authority, Arizona, Revenue Bonds, John C. Lincoln Health	12/17 at 100.00	BBB	552,434
		Network, Series 2007, 5.000%, 12/01/42
1,375		Maricopa County Industrial Development Authority, Arizona, Health Facility Revenue Bonds,	7/14 at 100.00	A	1,442,512
		Catholic Healthcare West, Series 2004A, 5.375%, 7/01/23
1,650		Maricopa County Industrial Development Authority, Arizona, Health Facility Revenue Bonds,	7/17 at 100.00	A	1,656,649
		Catholic Healthcare West, Series 2007A, 5.250%, 7/01/32
1,120		Scottsdale Industrial Development Authority, Arizona, Hospital Revenue Bonds, Scottsdale	9/20 at 100.00	AA–	1,109,920
		Healthcare, Series 2006C. Re-offering, 5.000%, 9/01/35 – AGC Insured
		Show Low Industrial Development Authority, Arizona, Hospital Revenue Bonds, Navapache Regional
		Medical Center, Series 2005:
315		5.000%, 12/01/25 – RAAI Insured	12/15 at 100.00	BBB+	299,729
260		5.000%, 12/01/30 – RAAI Insured	12/15 at 100.00	BBB+	238,337
1,050		University Medical Center Corporation, Tucson, Arizona, Hospital Revenue Bonds, Series 2011,	7/21 at 100.00	BBB+	1,063,293
		6.000%, 7/01/39
1,000		Yavapai County Industrial Development Authority, Arizona, Hospital Revenue Bonds, Yavapai	8/13 at 100.00	Baa2	1,003,280
		Regional Medical Center, Series 2003A, 6.000%, 8/01/33
10,940		Total Health Care			10,746,505
		Tax Obligation/General – 30.3% (20.5% of Total Investments)
1,000		Maricopa County Elementary School District 83 Cartwright, Arizona, General Obligation Bonds,	7/21 at 100.00	AA–	1,061,480
		School Improvement, Project 2010, Series 2011A, 5.375%, 7/01/30 – AGM Insured
1,000		Maricopa County School District 6, Arizona, General Obligation Refunding Bonds, Washington	No Opt. Call	Aa2	1,173,290
		Elementary School, Series 2002A, 5.375%, 7/01/16 – AGM Insured
775		Maricopa County School District 79 Litchfield Elementary, Arizona, General Obligation Bonds,	7/21 at 100.00	Aa2	906,797
		Series 2011, 5.000%, 7/01/23
1,165		Maricopa County Unified School District 69, Paradise Valley, Arizona, General Obligation	No Opt. Call	Aa2	1,284,937
		Refunding Bonds, Series 2002A, 5.250%, 7/01/14 – FGIC Insured
1,405		Mesa, Arizona, General Obligation Bonds, Series 2002, 5.375%, 7/01/15 – FGIC Insured	No Opt. Call	AA	1,610,536
		Phoenix, Arizona, Various Purpose General Obligation Bonds, Series 2002B:
985		5.000%, 7/01/22	7/12 at 100.00	AAA	1,006,640
290		5.000%, 7/01/27	7/12 at 100.00	AAA	296,716
310		Pima County Continental Elementary School District 39, Arizona, General Obligation Bonds,	7/21 at 100.00	AA–	340,969
		Series 2011A, 2.000%, 7/01/30 – AGM Insured
500		Pima County Unified School District 08 Flowing Wells, Arizona, General Obligation Bonds,	7/21 at 100.00	A+	531,940
		Series 2011B, 5.375%, 7/01/29
1,000		Pima County Unified School District 6, Marana, Arizona, General Obligation Bonds, School	7/21 at 100.00	A+	1,058,110
		Improvement Project 2010 Series 2011A, 5.000%, 7/01/25
1,360		Scottsdale, Arizona, General Obligation Bonds, Preserve Acquisition Series 1999, 5.000%, 7/01/33	7/21 at 100.00	AAA	1,492,912
9,790		Total Tax Obligation/General			10,764,327
		Tax Obligation/Limited – 47.4% (32.0% of Total Investments)
		Arizona State, Certificates of Participation, Series 2002A:
750		5.000%, 11/01/17 – NPFG Insured	5/12 at 100.00	A+	756,293
1,000		5.000%, 11/01/18 – NPFG Insured	5/12 at 100.00	A+	1,007,940
120		Centerra Community Facilities District, Goodyear, Arizona, General Obligation Bonds, Series	7/15 at 100.00	N/R	100,220
		2005, 5.500%, 7/15/29
337		Estrella Mountain Ranch Community Facilities District, Arizona, Special Assessment Bonds,	1/17 at 100.00	N/R	286,406
		Montecito Assessment District, Series 2007, 5.800%, 7/01/32
197		Estrella Mountain Ranch Community Facilities District, Goodyear, Arizona, Special Assessment	7/12 at 100.00	N/R	198,609
		Lien Bonds, Series 2001A, 7.875%, 7/01/25
990		Marana Municipal Property Corporation, Arizona, Municipal Facilities Revenue Bonds, Series	7/12 at 100.00	AA	990,673
		2008B, 5.125%, 7/01/28
789		Marana, Arizona, Tangerine Farms Road Improvement District Revenue Bonds, Series 2006,	7/16 at 100.00	A2	791,785
		4.600%, 1/01/26
		Maricopa County Stadium District, Arizona, Revenue Refunding Bonds, Series 2002:
840		5.375%, 6/01/18 – AMBAC Insured	6/12 at 100.00	N/R	786,635
2,645		5.375%, 6/01/19 – AMBAC Insured	6/12 at 100.00	N/R	2,493,995
240		Marley Park Community Facilities District, City of Surprise, Arizona, Limited Tax General	7/17 at 100.00	N/R	211,601
		Obligation Bonds, Series 2008 (Bank Qualified), 6.100%, 7/15/32
415		Merrill Ranch Community Facilities District 1, Florence, Arizona, General Obligation Bonds,	7/18 at 100.00	N/R	417,876
		Series 2008A, 7.400%, 7/15/33
530		Palm Valley Community Facility District 3, Goodyear, Arizona, General Obligation Bonds, Series	7/16 at 100.00	N/R	426,889
		2006, 5.300%, 7/15/31
350		Palm Valley Community Facility District 3, Goodyear, Arizona, Limited Tax General Obligation	7/17 at 100.00	N/R	297,402
		Bonds, Series 2007, 5.800%, 7/15/32
140		Parkway Community Facilities District 1, Prescott Valley, Arizona, General Obligation Bonds,	7/16 at 100.00	N/R	113,495
		Series 2006, 5.350%, 7/15/31
1,000		Phoenix Industrial Development Authority, Arizona, Government Bonds, Capitol Mall LLC II,	3/12 at 100.00	A1	1,010,920
		Series 2001, 5.250%, 9/15/16 – AMBAC Insured
1,070		Pinal County Industrial Development Authority, Arizona, Correctional Facilities Contract	No Opt. Call	BBB–	1,071,659
		Revenue Bonds, Florence West Prison LLC, Series 2002A, 5.000%, 10/01/18 – ACA Insured
270		Puerto Rico Public Buildings Authority, Guaranteed Government Facilities Revenue Refunding	7/12 at 100.00	Baa1	270,227
		Bonds, Series 2002D, 5.125%, 7/01/24
250		Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series	2/20 at 100.00	A+	257,813
		2010A, 5.375%, 8/01/39
960		San Luis Civic Improvement Corporation, Arizona, Municipal Facilities Excise Tax Revenue	7/15 at 100.00	A+	993,206
		Bonds, Series 2005, 5.000%, 7/01/25 – SYNCORA GTY Insured
1,000		Scottsdale Municipal Property Corporation, Arizona, Excise Tax Revenue Bonds, Refunding Series	No Opt. Call	AAA	1,218,330
		2006, 5.000%, 7/01/24
1,000		Scottsdale Municipal Property Corporation, Arizona, Excise Tax Revenue Bonds, Water & Sewer	No Opt. Call	AAA	1,063,430
		Improvements Project, Series 2010, 5.000%, 7/01/36
555		Tartesso West Community Facility District, Buckeye, Arizona, Limited Tax General Obligation	7/17 at 100.00	N/R	477,505
		Bonds, Series 2007, 5.900%, 7/15/32
750		Vistancia Community Facilities District, Arizona, Restricted General Obligation Bonds, Series	7/15 at 100.00	A1	787,515
		2005, 5.750%, 7/15/24
637		Watson Road Community Facilities District, Arizona, Special Assessment Revenue Bonds, Series	7/16 at 100.00	N/R	538,042
		2005, 6.000%, 7/01/30
350		Westpark Community Facilities District, Buckeye, Arizona, General Obligation Tax Increment	7/16 at 100.00	N/R	280,081
		Bonds Series 2006, 5.250%, 7/15/31
17,185		Total Tax Obligation/Limited			16,848,547
		Transportation – 2.8% (1.9% of Total Investments)
1,000		Phoenix Civic Improvement Corporation, Arizona, Senior Lien Airport Revenue Bonds, Series	7/12 at 100.00	AA–	1,004,160
		2002B, 5.250%, 7/01/27 – FGIC Insured (Alternative Minimum Tax)
		U.S. Guaranteed – 3.7% (2.5% of Total Investments) (5)
100		Maricopa County Unified School District 89, Dysart, Arizona, General Obligation Bonds, Series	7/14 at 100.00	AA– (5)	111,818
		2004B, 5.250%, 7/01/20 (Pre-refunded 7/01/14) – AGM Insured
375		Maricopa County Union High School District 210 Phoenix, Arizona, General Obligation Bonds,	7/16 at 100.00	AA (5)	438,124
		Series 2006C, 5.000%, 7/01/24 (Pre-refunded 7/01/16) – NPFG Insured
730		Puerto Rico Public Buildings Authority, Guaranteed Government Facilities Revenue Refunding	7/12 at 100.00	Baa1 (5)	750,674
		Bonds, Series 2002D, 5.125%, 7/01/24 (Pre-refunded 7/01/12)
1,205		Total U.S. Guaranteed			1,300,616
		Utilities – 9.4% (6.3% of Total Investments)
900		Maricopa County Pollution Control Corporation, Arizona, Pollution Control Revenue Refunding	6/20 at 100.00	A1	942,183
		Bonds, Southern California Edison Company, Series 2000A, 5.000%, 6/01/35
665		Pima County Industrial Development Authority, Arizona, Revenue Bonds, Tucson Electric Power	1/15 at 100.00	BBB–	678,267
		Company, Refunding Series 2008, 5.750%, 9/01/29
250		Pinal County Electrical District 3, Arizona, Electric System Revenue Bonds, Refunding Series	7/21 at 100.00	A	255,755
		2011, 5.250%, 7/01/36
450		Salt River Project Agricultural Improvement and Power District, Arizona, Electric System	1/18 at 100.00	Aa1	531,972
		Revenue Bonds, Tender Option Bond Trust 09-9W, 18.060%, 1/01/38 (IF) (6)
1,000		Salt Verde Financial Corporation, Arizona, Senior Gas Revenue Bonds, Citigroup Energy Inc	No Opt. Call	A	919,840
		Prepay Contract Obligations, Series 2007, 5.000%, 12/01/37
3,265		Total Utilities			3,328,017
		Water and Sewer – 13.4% (9.1% of Total Investments)
500		City of Goodyear, Arizona, Subordinate Lien Water and Sewer Revenue Obligations, Series 2011,	7/21 at 100.00	AA–	529,575
		5.500%, 7/01/41
490		Maricopa County Industrial Development Authority, Arizona, Water System Improvement Revenue	6/12 at 100.00	N/R	490,137
		Bonds, Chaparral City Water Company, Series 1997A, 5.400%, 12/01/22 – AMBAC Insured
		(Alternative Minimum Tax)
210		Oro Valley Municipal Property Corporation, Arizona, Senior Lien Water Revenue Bonds, Series	7/13 at 100.00	AA–	215,418
		2003, 5.000%, 7/01/23 – NPFG Insured
1,000		Phoenix Civic Improvement Corporation, Arizona, Junior Lien Water System Revenue Refunding	No Opt. Call	AAA	1,266,840
		Bonds, Series 2001, 5.500%, 7/01/22 – FGIC Insured
		Surprise Municipal Property Corporation, Arizona, Wastewater System Revenue Bonds, Series 2007:
350		4.700%, 4/01/22	4/14 at 100.00	N/R	352,163
410		4.900%, 4/01/32	4/17 at 100.00	N/R	388,389
1,000		Tucson, Arizona, Water System Revenue Refunding Bonds, Series 2002, 5.500%, 7/01/18 –	7/12 at 102.00	Aa2	1,045,470
		FGIC Insured
525		Yuma County Industrial Development Authority, Arizona, Exempt Revenue Bonds, Far West Water &	12/17 at 100.00	N/R	476,049
		Sewer Inc. Refunding, Series 2007A, 6.375%, 12/01/37 (Alternative Minimum Tax)
4,485		Total Water and Sewer			4,764,041
$ 52,160		Total Investments (cost $51,540,488) – 148.0%			52,584,372
		MuniFund Term Preferred Shares, at Liquidation Value – (52.7)% (7)			(18,725,000)
		Other Assets Less Liabilities – 4.7%			1,678,920
		Net Assets Applicable to Common Shares – 100%			$ 35,538,292

 

 

 

 

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Fair Value Measurements

 

Fair value is defined as the price that the Fund would receive upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy of inputs is summarized in the three broad levels listed below:

 

Level 1 – Quoted prices in active markets for identical securities.

 

Level 2 – Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

 

Level 3 – Significant unobservable inputs (including management’s assumptions in determining the fair value of investments).

 

The inputs or methodologies used for valuing securities are not an indication of the risk associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of November 30, 2011:

	Level 1	Level 2	Level 3	Total
Investments:
Municipal Bonds	$ —	$51,797,926	$786,446	$52,584,372

 

 

 

The following is a reconciliation of the Fund’s Level 3 investments held at the beginning and end of the measurement period:

	Level 3
	Municipal Bonds
Balance at the beginning of period	$844,223
Gains (losses):
Net realized gains (losses)	—
Net change in unrealized appreciation (depreciation)	(57,777)
Purchases at cost	—
Sales at proceeds	—
Net discounts (premiums)	—
Transfers in to	—
Transfers out of	—
Balance at the end of period	$786,446

 

During the period ended November 30, 2011, the Fund recognized no significant transfers to or from Level 1, Level 2 or Level 3.

 

Income Tax Information

 

The following information is presented on an income tax basis. Differences between amounts for financial statement and federal income tax purposes are primarily due to timing differences in recognizing taxable market discount, timing differences in recognizing certain gains and losses on investment transactions and the treatment of investments in inverse floating rate securities reflected as financing transactions, if any. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts on the Statement of Assets and Liabilities presented in the annual report, based on their federal tax basis treatment; temporary differences do not require reclassification. Temporary and permanent differences do not impact the net asset value of the Fund.

 

At November 30, 2011, the cost of investments was $51,504,620.

 

Gross unrealized appreciation and gross unrealized depreciation of investments at November 30, 2011, were as follows:

Gross unrealized:
Appreciation	$ 2,434,388
Depreciation	(1,354,636)
Net unrealized appreciation (depreciation) of investments	$ 1,079,752

 

 

(1)		All percentages shown in the Portfolio of Investments are based on net assets applicable to Common shares
		unless otherwise noted.
(2)		Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There
		may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be
		subject to periodic principal paydowns.
(3)		Ratings: Using the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc.
		(“Moody’s”) or Fitch, Inc. (“Fitch”) rating. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB
		by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of
		these national rating agencies.
(4)		Investment valued at fair value using methods determined in good faith by, or at the discretion of, the Board
		of Directors. For fair value measurement disclosure purposes, investment categorized as Level 3.
(5)		Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities,
		which ensure the timely payment of principal and interest. Certain bonds backed by U.S. Government or
		agency securities are regarded as having an implied rating equal to the rating of such securities.
(6)		Investment, or portion of investment, has been pledged to collateralize the net payment obligations for

		investments in inverse floating rate transactions.
(7)		MuniFund Term Preferred Shares, at Liquidation Value as a percentage of Total Investments is 35.6%.
N/R		Not rated.
(IF)		Inverse floating rate investment.

 

 

 

 

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Item 2. Controls and Procedures.

a.

The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).

 

 

b.

There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.

 

Item 3. Exhibits.

File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: See EX-99 CERT attached hereto.

 

 

 

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

(Registrant)   Nuveen Arizona Dividend Advantage Municipal Fund 2 

 

By (Signature and Title)     /s/ Kevin J. McCarthy                    

                                                   Kevin J. McCarthy

                                                   Vice President and Secretary

 

Date          January 27, 2012        

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By (Signature and Title)     /s/ Gifford R. Zimmerman                    

                                                    Gifford R. Zimmerman

                                                  Chief Administrative Officer (principal executive officer) 

 

Date          January 27, 2012        

 

By (Signature and Title)     /s/ Stephen D. Foy                              

                                                   Stephen D. Foy

                                                  Vice President and Controller (principal financial officer) 

 

Date          January 27, 2012