Selection of Finance Team

Underwriter(s) may be designated by Borrower from the State Treasurer's Office (STO) approved Underwriter Pool
Borrower selects its own Counsel
Borrower may select Bond Counsel from the STO approved Bond Counsel Pool with California Educational Facilities Authority (CEFA) consent
Borrower may utilize a financial advisor (FA)
CEFA represented by Attorney General's (AG) Office or a designated outside attorney, acting as issuer counsel
CEFA Municipal Advisors are KNN Public Finance, LLC and Fieldman, Rolapp & Associates, Inc.
CEFA Financial Analyst (evaluates creditworthiness of applicant) is TAP International, Inc.
STO is Agent for Sale (following approval, pricing and bond sale are to be coordinated through CEFA with STO)
Trustee/Paying Agent may be selected by Borrower with CEFA consent
CEFA will designate an Analyst for each Financing as Primary Contact
CEFA Analyst will provide contacts for CEFA/STO/AG participants
Credit or Liquidity Enhancer identified by Borrower