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2008 Debt Issuance and Public Investment Seminars and Conferences

Investing Public Funds: Fundamentals of Managing Your Portfolio
November 20-21, 2008, Hilton Pasadena
Pasadena, California

This one and one-half day seminar provides investment officers and their staff with information about the investment of public funds. Topics include investment concept fundamentals, cash flow analysis, the investment of operating funds and bond proceeds, the role of investment advisors and broker/dealers, and the use of benchmarks to manage a portfolio.

• Public Officials’ Responsibilities When Investing Public Funds
  Panel:
  Vic Erganian, Treasurer, City of Pasadena
  Mark Saladino, Treasurer and Tax Collector, Los Angeles County
• Investment Concept Fundamentals
  Brian Perry, Vice President, Chandler Asset Management
• Roles and Responsibilities of Investment Advisors and Broker/Dealers
  Panel:
  • Deborah Higgins, President, Higgins Capital Management, Inc.
  • David Witthohn, Director, MBIA Asset Management
• Cash Flow Analysis in Portfolio Management and Investing Idle Cash
  Annette Kerber, Assistant Treasurer and Tax Collector, San Bernardino County
  John Johnson, Investment Officer, San Bernardino County
• The Day-to-Day Management of Public Funds and Investment Reports
  
  • Lisa Marie Harris, Deputy Treasurer, San Diego County
  • Hank Stern, Treasurer, City of Anaheim
• Benchmarking for Performance
  Deanne Woodring, Managing Director, Davidson Fixed Income Management Inc.
• Public Fund Investment Case Study
  • Facilitator: Nancy Jones, Managing Director, Public Financial Management, Inc.
  • John Johnson, Investment Officer, San Bernardino County

Fundamentals of Debt Financing
October 2-3, 2008, Doubletree Hotel San Diego Mission Valley
San Diego, California

This one and one-half day seminar is the first in a series of three debt issuance courses. Topics include roles and responsibilities of financing team members, types of short- and long-term financings, the decision to use credit enhancement, and the credit rating process. The session will conclude with a discussion of issuer responsibilities for initial and continuing disclosure.

• Introduction to Bond Math
  Matthew Koch, Vice President, Barclays Capital
  Peter Taylor, Managing Director, Barclays Capital
• Municipal Bond Industry Professionals and Their Roles
  • Lisa Greer Quateman, Managing Partner, Quateman LLP
  • Sarah Hollenbeck, Senior Managing Consultant, Public Financial Management, Inc.
  • Russell Goings, Senior Vice President, First Southwest Company
• Roles and Responsibilities of the Issuer in the Debt Issuance Process
  • Don Steuer, Chief Financial Officer, San Diego County
  • Mark Alvarado, Administrative Services Director, City of Monrovia
• Types of Short- and Long-Term Financings
  Rod Carter, Managing Director, RBC Capital Markets
  Christopher Mukai, Director, Citigroup, Inc.
  Dennis Coleman, Finance Director and Treasurer, City of Solana Beach
• The Decision to Use Credit Enhancement
  David Brodsly, Managing Director, KNN Public Finance
• Understanding Credit Ratings
  • Jolene Yee Assistant Vice President/Analyst , Moody’s Investors Service
    • 2007 Medians for California Counties
    • 2007 Medians for California Cities
  • Rebecca Moses, Associate Director, FitchRatings
• Initial and Continuing Disclosure
  • Lester Graves Lennon, Managing Director, Stone and Youngberg LLC
  • Anna Rienhardt Latham & Watkins LLP

Understanding Municipal Securities Regulations
September 19, 2008, Sheraton San Diego Hotel & Marina
San Diego, California

This one-day seminar covers the disclosure of municipal securities information to the market. Topics include federal securities laws and regulations, issuer responsibilities, and continuing disclosure compliance.

• Overview of Federal Laws and Securities and Exchange Commission Rules Governing Disclosure
• Good Disclosure: It's in the Process
• Update on Electronic Municipal Market Access (EMMA)
• Continuing Disclosure Compliance Issues
  • Materiality/Reliance on Professionals/OPEBs Disclosure
  • Material Events

The Bond Buyer California Public Finance Conference
The Future of the Municipal Securities Market
September 15, 2008, Hyatt Regency Embarcadero
San Francisco, California

This half-day seminar preceding The Bond Buyer California Public Finance Conference is intended to make sense of the rapidly evolving municipal securities market. Topics include the state of the bond insurance industry, the use of credit ratings, and the possible future application of a global rating scale to both corporate and municipal bonds. The seminar will conclude with a discussion on whether the municipal market will be able to regulate itself in the future. This pre-conference event is open to both public and private sector representatives of the municipal finance industry.

• The Black Swan:  Did the Bond Insurance Industry Experience a Profound and Business-Altering Change in 2008?
  • Kathleen McDonough, Retired Senior Managing Director, Ambac
  • Thomas McLoughlin, Managing Director, MBIA Insurance Corporation
  • Marcia Maurer, Chief Financial Officer, Sacramento Regional County Sanitation District
• Will the Changing Municipal Market Precipitate a Change in the Bond Rating System?
  • Gail Sussman, Group Managing Director for Public Finance, Moody's Investors Service
  • Gary Breaux, Director of Finance, East Bay Municipal Utility District
• Can Changes to Federal Regulation Help Municipal Finance?
  • Julia H. Cooper, Deputy Director of Finance, City of San Jose

Living with an Issue: On-going Debt Administration
April 10-11, 2008, Burlingame, California

This one and one-half day seminar is the third in a series of three CDIAC debt issuance seminars and is designed to assist issuers with the ongoing administration of their debt instruments. The seminar covers such topics as the roles and responsibilities of trustees and issuers, arbitrage rebate, continuing disclosure, compliance monitoring, refundings, variable rate financings, and interest rate swaps.

• The Roles and Responsibilities of the Trustee
  John Deleray, Vice President, Director of California Sales & Marketing, Wells Fargo Corporate Trust
• Issuer Roles and Responsibilities: Before the Closing & After the Sale
  Moderator: Frank P. Sulzberger, Managing Director, BNY Western Trust Company
  Speaker Panel:
  David Jones, Principal Financial Analyst, City of Oakland
  Marcia S. Maurer, Chief Financial Officer, Sacramento Regional County Sanitation District
  Nadia Sesay, Director, City & County of San Francisco
  Tim Seufert, Managing Director, NBS
• Arbitrage Rebate/Continuing Disclosure Reporting/Compliance Monitoring
  Kevin M. Civale, Shareholder, Stradling Yocca Carlson & Rauth
  Carol Lew, Shareholder, Stradling Yocca Carlson & Rauth
• Refunding an Issue
  Tim Schaefer, President/Chief Operating Officer, Fieldman, Rolapp & Associates
• Introduction to Variable-Rate Financing
  Barbara Lloyd, Senior Vice President, Lehman Brothers
  David Persselin, Debt Administrator, City of San Jose
• Introduction to Interest Rate Swaps
  Peter Shapiro, Managing Director, Swap Financial Group LLC
  Monty Hanks, Chief Investment Analyst, City of Roseville
• Managing Ongoing Responsibilities for Variable-Rate Financings and Interest Rate Swaps
  Peter Shapiro, Managing Director, Swap Financial Group, LLC
  Monty Hanks, Chief Investment Analyst, City of Roseville
  David Persselin, Debt Administrator, City of San Jose

The Mechanics of a Bond Sale
March 13-14, 2008, Oakland, California

This one and one-half day seminar is the second in a series of three CDIAC debt issuance seminars. This seminar covers such topics as structuring the financing, developing a debt management policy, utilizing a plan of finance, approaches to credit enhancement, preparing legal documents, marketing an issuance, understanding federal arbitrage rules and regulations, and investing bond proceeds.

NEW - Keynote Speaker State Treasurer Bill Lockyer

• Developing a Debt Management Policy
  Jocelyn Mortensen, Managing Director, Public Resources Advisory Group
  David Persselin, Debt Administrator, City of San Jose
• The Plan of Finance
  Peter Shellenberger, Senior Managing Consultant, The PFM Group
  Jan Mazyck, Managing Director, The PFM Group
• Structuring the Financing
  Cheryl Hines, Director, Merrill Lynch
  David Johnson, Managing Director, Banc of America Securities LLC
• Approaches to Credit Enhancement
  David Glasser, Public Finance Manager, Bank of the West
• The Legal Documents
  Geoffrey Gibbs, Principal, Gibbs Law Group LLP
  Stephen Walsh, Finance Analyst, County of Alameda
• Marketing and Pricing an Issue
  Joe Yew, Finance Director, San Francisco Public Utilities Commission
  Darlene DeRose, Senior Managing Director, Montague DeRose and Associates LLC
  Gary Kitahata, Principal, Kitahata & Company
• Understanding Arbitrage
  Anne Pelej, Vice President and Division Manager, MuniFinancial
• Investing Bond Proceeds
  Thomas Fox, Managing Director, Bond Logistix LLC

Fundamentals of Land-Secured Financing
February 28, 2008, Ontario, California

This one-day workshop focuses on Mello-Roos Community Facilities District and Assessment District Financings. This workshop covers such topics as financing structures, pre-formation considerations, the district formation process, project implementation, bond issuance mechanics, and the administration of liens and bonds.

Mello Roos Financing Team:
Larry Rolapp, Fieldman Rolapp & Associates
Susan Goodwin, Goodwin Consulting Group
Robert Davison, County of Sacramento

Assessment District Financing Team:
Sam Sperry, Orrick Herrington & Sutcliffe, LLP
Joan Cox, Harris & Associates
Jenine Windeshausen, County of Placer

Foreclosure Counsel:
Susan Feller, Sherman & Feller

• Presentation

CDIAC and the California Association of School Business Officials: ABCs of School Debt Financing
January 24, 2008, Ontario, California

This one-day seminar, held in both Northern and Southern California, is tailored to new school business officials and staff members involved or interested in understanding the mechanics of school debt financing. This seminar covers such topics as sources of financing, school financing techniques, and ongoing administration and accounting issues.

Program Facilitator and Speaker:
Robert Whalen, Stradling Yocca Carlson & Rauth

Panelists:
Ruth Alahydoian, Kelling, Northcross & Norbriga
Geoffrey Kiehl, Chief Business Officer/Associate Superintendent, Fremont Union High School District
Dawn Vincent, Stone & Youngberg LLC

• Basic Considerations Before Assuming Debt
• Basic School Debt: Part 1 – The Mechanics of a General Obligation Bond
• Basic School Debt: Part 2 – Alternative Financing Mechanisms
• Ongoing Administration and Accounting Issues