Agenda

8:00 am
Registration, Continental Breakfast & Networking

8:30 am
A Water Executive’s Biggest Concerns 
• Regulatory Rates
• Regulatory Compliance
• Access to Capital
• Implementing New Technology
• Security
Speaker: Stephen Jones, CEO, Suffolk County Water Authority

9:00 am
Financing the Build-out of the Water Infrastructure – The Pros and Cons of Various Financing Alternatives
• State Revolving Loan Funds
• Equity Issuance
• Municipal Bond Issuance / Private Activity Bonds
• Project Finance / Structured Finance
Panelists: Maryclair D’Andrea, Assistant Director and CFO, New Jersey Environment Infrastructure Trust
                Steve Montross - Managing Director, Commercial & Industrial Finance, Infrastructure Group, General Electric
                Michael Algranati, Treasurer, United Water
Moderator: Edward J. Tirello, Jr., Managing Director & Strategist, Berenson & Company

10:00 am
Trends in Rate Rulings
• State Developments
• Municipal Developments
• Coordination Among Authorities
• Single Tariff Pricing
• Fixed Price
• Incentive Based
• Structured Competition
Panelists: Walton Hill, VP- Regulations, United Water
                David Silverstone, CEO, South Central Connecticut Regional Water Authority
                Brian Summers, Utility Financial Analyst, New York Public Service Commission
Moderator: David Schanzer, Managing Director, Janney Montgomery and Scott

10:45 am
Coffee Break

11:00 am 
Maximizing Return on Capital Investment - Insights into the Financial Calculus
• Prudent Amount of Capital Invested
• Allowed Rates of Return
• Cost Savings Opportunities
• Optimum Balance Sheet Leverage
• Managing Cash Flow
Speaker: David Schanzer, Managing Director, Janney Montgomery Scott

11:30 am
Water Security Vulnerability Assessments
• Lessons municipalities learned 
• Water quality monitoring measures 
• Challenges of implementing recommendations 
• Financing issues (grants, bonds) 
• How much security is enough? 
• Emergency response planning
Speaker: Robert McDonald, Regional VP, Versar

12:00 pm
Lunch

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1:15 pm
The Risks & Ramifications of Eminent Domain
• Eligibility and bases for condemnation 
• Hearing and Finding requirements 
• Relationship to other environmental reviews 
• Other permitting issues such as rights-of-way 
• Environmental disclosure in financing documents 
• Compensation
Speaker: Stephen L. Kass, Partner; Co-Director, Environmental Practice Group, Carter, Ledyard & 
                Milburn LLP

2:00 pm
The Partnering Option
• When is the Right Time to Partner with Design, Build, Finance, Operate Concerns?
• Budgetary Issues
• ROE Issues
• Regulatory Issues
Speaker: Anton Garnier, Chairman and CEO, Southwest Water Company

2:30 pm 
Coffee Break

2:45 pm
Connecticut's Wastewater Nitrogen Trading Program 
• Objectives 
• Permits 
• Reductions in Total Nitrogen Discharges 
• Trading of Credits 
• Financial Impact on Wastewater / Water Utilities
Speaker: Gary Johnson, Senior Environmental Engineer, Connecticut Department of Environmental Protection

3:30 pm
Developing Non-Traditional Revenue Streams
• Water Treatment
• Contract Services
• Bottled Water
• Growing Importance of Metering Technology

Overview Presentation – Neil D. Berlant, First Vice President & Managing Director - Water Group, The Seidler Companies Incorporated

Panel Discussion: David Benoit, CFO, VP-Fin. & Treasurer, Connecticut Water Service 
                             Richard Meeusen, CEO, Badger Meter

4:30 pm
International Developments: Are Foreign Markets an Opportunity for Revenue Diversification?
• Potential Market Analysis 
• Market Entry Strategies 
• Commercial Loans / Multilateral Backup Support
• Risk of Host Country Reducing Rates 
• Currency Considerations 
• Governments Reneging on Infrastructure Commitments 
• Risk of Appropriation
Speaker: David Freedman, Partner, Baker & McKenzie

5:00 pm
Adjournment & Cocktail Reception

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*agenda subject to change