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    • 2013 Municipal Bond Scare: Exits & Opportunities
      2013 Municipal Bond Scare: Exits & Opportunities Matt Fabian, Municipal Market Advisors; Ronald P. Bernardi, Bernardi Securities; Scott Rausch; Rick Gerali (moderator) Recorded: Sep 18 2013 6:00 pm UTC 48 mins
    • The bond market dropped dramatically in the second quarter – arguably the sharpest adjustment since the fall of 2008. For those forced to sell during the tumult, it was just as painful. But for others, it may be an equivalent buying opportunity.

      Please join our municipal bond specialists for a discussion on key 2013 topics:
      • Detroit default in proper perspective. Detroit hasn't been on the Bernardi approved credits list for decades, but its default has renewed municipal debt crisis fears nonetheless. We'll put the largest municipal bankruptcy filing to date in the proper context.
      • The Great Rotation debate. Some pundits claim increasing yields mark the start of the “Great Rotation” from bonds into equities, but no one can be certain at this point. "Mattress money" may rotate more to cash out of fear – or within bonds to new buying opportunities.
      • Laddered portfolios vs. alternatives as bond prices fall, yields rise. Our client’s separate account, laddered portfolios almost universally handled last quarter’s turmoil much better than the broader bond market – a storyline similar to that of the 2008-2009 financial crisis. We'll compare laddered portfolios to alternatives such as bond funds and simply holding cash as ways to prepare for future volatility.

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    • Public Finance Roundtable—Continuing Disclosure & Insurance Reemergence
      Public Finance Roundtable—Continuing Disclosure & Insurance Reemergence John Hallacy, Assured Guaranty; James M. Snyder, Ice Miller; Ronald Bernardi, Bernardi Securities; Robert P. Vail, Bernardi Recorded: Nov 21 2013 7:00 pm UTC 47 mins
    • Continuing our 2013 BDA Conference public finance panel discussion last month, this roundtable webinar dives deeper into municipal disclosure issues, as well the reemergence of bond insurance as a viable option for some issuers.

      Please join our panel of municipal bond specialists to discuss these two timely topics:

      • Disclosure details and suggested strategies. SEC Rule 15c2-12 requires ongoing disclosures by municipal securities issuers. We will provide a brief overview of required disclosures, material event qualifications and what issuers can do to prevent oversights. We'll also touch on recent regulatory penalties and opine on the possible future consequences of failed disclosure.
      • Municipal bond insurance reemergence. As an important credit enhancement, municipal bond insurance almost completely disappeared during the financial crisis of 2008-2009. Are we seeing an insurance reemergence for small to medium issuers? If so, how might bond insurance lower borrowing costs for local governments, benefit investors and help stabilize the market?

      Presenters:

      • John Hallacy, Managing Director, Assured Guaranty
      • James M. Snyder, Partner, Ice Miller LLP
      • Ronald Bernardi, Principal, President and CEO, Bernardi Securities
      • Robert P. Vail, Vice President, Bernardi Securities (moderator)

      Submit questions in advance via the Bernardi Securities website for inclusion in the discussion. Panelists will address questions in the order they are received, as time allows.

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    • Implementing Water Budget Rate Structures for Conservation
      Implementing Water Budget Rate Structures for Conservation Ken Baerenklau, UC Riverside & Tim Barr, Western Municipal Water District Recorded: Mar 24 2015 9:00 pm UTC 71 mins
    • Ken Baerenklau will present the results of a study conducted at UC Riverside that examined the effects of switching from uniform to budget-based rates in the Eastern Municipal Water District of Southern California. The study utilized ten years of monthly water bills for 12,000 customers in EMWD’s service area to calibrate a household water demand model and then estimate the effects of the budget-based rate structure on water demand after controlling for average price level, weather, and income. The rate structure appears to have reduced demand by 10-15% primarily by causing previously inefficient households to become more efficient.

      The second presentation, by Tim Barr, Western’s Deputy Director of Water Resources, will outline the Western Municipal Water District implementation of a water budget-based rate structure for its retail water customers. Western’s unique approach uses real-time, microzone-specific, evapotranspiration data and modified monthly turfgrass coefficients from UC research to calculate accurate landscape water budgets on a daily basis. Western’s finance and water efficiency staff collaborated with rate and horticultural consultants to develop a structure that safeguards the financial integrity of the District, provides each unique customer with the water they need, and sends appropriate pricing signals based on efficient water use with every water service bill. In 2015, Western linked the rate structure and the District’s shortage contingency program in anticipation of reduced water supplies due to statewide drought.

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    • How did the Municipal Bond Market in November Affect Muni ETF's?
      How did the Municipal Bond Market in November Affect Muni ETF's? John B. Cummings, EVP & Portfolio Mgr. & Chris Caltagirone, VP & Portfolio Mgr; PIMCO Recorded: Dec 14 2010 8:30 pm UTC 33 mins
    • Mr. Cummings is an executive vice president and head of the municipal bond desk in the Newport Beach office. Prior to joining PIMCO in 2002, he was vice president, municipal trading at Goldman Sachs and was responsible for a number of municipal sectors, including industrials, airlines, utilities, healthcare and high-yield. He has 29 years of investment experience and holds an MBA, as well as his undergraduate degree, from Rutgers University.

      Mr. Caltagirone is a vice president in the Newport Beach office and a portfolio manager focusing on PIMCO's exchange-traded funds. Prior to joining PIMCO in 2007, he worked as a sales trader in the equity derivatives group at Morgan Stanley. He has six years of investment experience and holds an MBA from the MIT Sloan School of Management, a master's degree in electrical engineering from the University of California, San Diego and is an adjunct professor of mathematics in the California State University system.

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    • Now is the Time for Munis
      Now is the Time for Munis Clark Wagner, CIO and Portfolio Manager, First Investors Funds Recorded: May 24 2017 7:00 pm UTC 28 mins
    • With President Trump's push to slash tax rates on both corporations and high-income individuals, many of your clients may think they don’t need municipal bonds in their investment portfolios anymore. But such thinking belies an understanding of why tax-exempt municipal bonds make sense in any environment.

      Reading past the headlines shows that the tax reforms outlined by the administration so far will likely have little impact on securities issued by state and local governments. The proposal to phase out most deductions might actually boost demand for tax-free munis in states with high taxes. And even if the top rate is cut to 35%, clients can still benefit from reducing their overall tax bill.

      Join Clark Wagner, CIO and Portfolio Manager, in understanding what’s going on in the municipal bond market and why the tax advantages they offer remain valuable, particularly for high-net-worth clients.

      During the webcast, Mr. Wagner, will discuss:

      • Macroeconomic issues and its effects on tax-exempt municipal bonds
      • The state of the municipal bond market
      • How the Tax Exempt Income Fund may benefit portfolios in the current environment

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    • Monetization of Municipal Wireless Cell Sites
      Monetization of Municipal Wireless Cell Sites Paul Nussbaum, Managing Director, APWIP; Chris Miller, Partner, Ice Miller LLP, Acting Counsel, Orange Village, OH Recorded: Jan 25 2012 6:00 pm UTC 64 mins
    • AP Wireless Infrastructure Partners (APWIP) provides expertise in reducing the risk associated with managing cell sites. Whether turning existing leases into cash for immediate use, increasing site revenue, or, helping to manage cell carrier relationships, APWIP brings years of expertise to your municipality.

      Listen in as Orange Village, Ohio's lead counsel talks about the details of why Orange Village chose AP Wireless to manage its tower business resulting in a $231,000 lump sum check to the municipality.

      Learn how monetizing cell site rents protects the municipality from the risks of contract termination, rent reduction, and technology changes. Hear why other cities have decided to monetize their cell sites. Understand the different transaction structures that are available to you and how to evaluate cell site lease buyout offers.

      AP Wireless will share all of this, along with their perspective on the wireless industry and its ongoing evolution in this one-hour webinar.

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    • The Navigator Awards: Sharing Innovation and Best Practices Across the Country
      The Navigator Awards: Sharing Innovation and Best Practices Across the Country Route Fifty | Underwritten by: Grant Thornton Recorded: Dec 7 2016 7:00 pm UTC 58 mins
    • Through its coverage of news, technology, innovation and best practices in state, county and municipal governments across the United States, Route Fifty connects the people and ideas advancing state and local governments and enables them to share best practices and innovative solutions to key challenges. To this end, over the past several months Route Fifty has identified and profiled 50 state and local leaders and teams who have demonstrated their ability to conceive and implement great ideas, announcing the 10 winners at the awards ceremony in November.

      This digital viewcast will feature interviews with Navigator Awards winners about their collaborative skills, leadership styles and innovative programs. We'll highlight what made these leaders, teams and programs so successful, as well as how these lessons can be applied to state, county, and municipal governments across the country.

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    • Route Fifty Navigator Awards 2017 Livestream
      Route Fifty Navigator Awards 2017 Livestream Route Fifty | Underwritten by: Grant Thornton Recorded: May 23 2017 2:15 pm UTC 120 mins
    • The Route Fifty Navigator Awards seeks to identify and highlight individuals and teams of state and local innovators, technologists, leaders, and rising stars who have demonstrated their ability to conceive and implement great ideas. In 2017 we are traveling across the country to talk with exceptional individuals about their collaborative skills, leadership styles, and innovative programs.

      On May 23, Route Fifty will be in Salt Lake City to highlight the innovations driving Utah’s state, county, and municipal governments. We’ll talk with state and local officials about what what makes these leaders, teams, and programs so successful, as well as what lessons can be applied governments across the country.

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    • Secure Storage: Keys to Successful State and Local Data Strategy
      Secure Storage: Keys to Successful State and Local Data Strategy Presented by: Veritas Recorded: Aug 25 2016 6:00 pm UTC 53 mins
    • As citizens increasingly demand faster and more responsive government platforms, harnessing the enormous amounts of data state, county and municipal governments generate is essential to optimizing operations and delivering these services. Left siloed and unattended, big data proves a costly headache; however, when properly managed, this data is a treasure trove that can fundamentally change the way services are delivered.

      In this viewcast, we'll take a look at the results of a recent Government Business Council research survey on how state and local officials are dealing with unstructured data and their strategies for organizing, protecting and leveraging it. Data experts will explore case studies and best practices on managing and processing big data at the state, county and municipal level.

      Join us to hear about the following:
      - Storing data with effective and cost-efficient methods
      - Securing data through the cloud
      - Using data to deliver more services faster and at a higher quality

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    • Benefits of Machine Learning in IT Infrastructure
      Benefits of Machine Learning in IT Infrastructure Dan Ortega - Vice President of Marketing Recorded: Apr 21 2017 11:40 pm UTC 4 mins
    • During the next 5 years, machine learning is poised to play a pivotal and transformational role in how IT Infrastructure is managed. Two key scenarios are possible: transforming infrastructure from a set of under-utilized capital assets to a highly efficient set of operational resources through dynamic provisioning based on consumption; and the identification of configurations, dependencies and the cause/effect of usage patterns through correlation analysis.
      In the world of IT infrastructure, it’s all about efficient use of resources. With on-premise infrastructure (compute, storage and network) utilization rates for most organizations in the low single digits, the cloud has sold the promise of a breakthrough. For those organizations moving to Infrastructure as a Service (IaaS), utilization in the middle to high teens is possible, and for those moving to Platform as a Service (PaaS), utilization in the mid-twenties is within reach.
      Dynamic provisioning driven by demand is essentially the same operational concept as power grids and municipal water systems – capacity allocation driven by where resources are consumed, rather than where they are produced.
      The second part of the breakthrough relates to right-sizing infrastructure. Whether this is network capacity or compute Virtual Machine size – machine learning will enable analysis of the patterns of behavior by users and correlate them to the consumption of infrastructure resources.
      During the near term, these benefits will be much more tactical. Automated discovery combined with behavioral correlation analysis will virtually eliminate the need for manual inventory and mapping of components and configuration items in the IT ecosystem to reveal how the ecosystem is operating.
      Today, IT has the opportunity to automate the mapping of components in their infrastructure to provide a more accurate and actionable picture.

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    • The Route Fifty Navigator Awards: A Look at Top Leaders and Innovators
      The Route Fifty Navigator Awards: A Look at Top Leaders and Innovators Presented by: Route Fifty | Underwritten by: Grant Thornton Recorded: Jul 13 2016 6:00 pm UTC 59 mins
    • Route Fifty recently launched the Navigator Awards program honoring individuals and teams across state, county, and municipal governments who have demonstrated the ability to implement innovative ideas to solve problems and improve public sector services in the communities they serve.

      We'll sit down with key thought leaders to give a sneak peek into the process of choosing the Navigator Award finalists over five different categories. In addition to detailing the award categories, we'll discuss the qualities that make these leaders or teams so successful in driving change and innovation.

      We'll be highlighting the following categories:
      - State and Local Executive Leadership
      - IT and Data Innovators
      - Agency and Department Chiefs
      - The Next Generation
      - Government Allies and Cross-Sector Partners

      Join us on July 13th, as we continue our journey in identifying the state and local innovators and leaders who are turning their in

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    • Designing Strong Cyber Defenses for State and Local Governments
      Designing Strong Cyber Defenses for State and Local Governments Presented by: Route Fifty | Underwritten by: CA Technologies Recorded: Jun 9 2016 6:00 pm UTC 62 mins
    • It's no secret that state, county and municipal governments around the U.S. are vulnerable to cyber assaults. IT security personnel need to be on guard to react to rapidly changing threats from ransomware, data breaches, website vandalism and DDOS attacks to not only protect agency assets, but also sensitive information the public sector is responsible for safeguarding. But in an era of limited resources, how should state and local governments best design their defenses in the face of more and more complex threats?

      In a special Route Fifty viewcast on cybersecurity, we'll interview top IT security professionals and government practitioners about the basics like effective workforce cyber training, incident response planning, two-factor authentication and privileged access systems. We'll examine some of the cybersecurity training programs and new tools and tactics to lower threat exposure and react strategically in what are often complex and rapidly unfolding incidents.

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