California Debt and Investment Advisory Commission

2008 Debt Issuance and Public Investment Seminars and Conferences

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