Michael Kremer

Manager of FirstSouthwest�s Santa Monica office; more than 19 years experience in public financeProvided financial advisory services on more than 70 debt issues totaling in excess of $17.0 billion in par, prepared debt affordability reports and financial feasibility analyses, and developed financing plans for large scale, multi-year capital improvement plansWhile at FirstSouthwest, provided financial advisory services to: the Cities of Big Bear Lake, Imperial Beach, Montebello, Oxnard, South Gate, San Diego, San Francisco, San Jose and Turlock; Los Angeles Unified School District; Los Angeles Community College District; Santa Monica Community College District; Baldwin Park Unified School District; California School Finance Authority; Quantification Settlement Agreement Joint Powers Authority; Modesto Irrigation District; Nevada Irrigation District; South Feather Water and Power Agency; Bay Area Air Quality Management District; Alameda Corridor-East Construction Authority; Unified Port District of San Diego; County of Sacramento; Sacramento County Airport System; Sacramento County Water Agency; Sacramento Area Flood Control Agency; Municipality of Anchorage; and Alaska International Airport SystemWorked previously at PRAG as project manager to the Los Angeles World Airports, Burbank-Glendale-Pasadena Airport Authority, City of Los Angeles Wastewater System, Santa Clara Valley Water District, City of San Jose, Los Angeles County Metropolitan Transportation Authority, Redevelopment Agency of the City of San Diego, City and Redevelopment Agency of Santa Monica, and California School Finance AuthorityPrior to his employment with PRAG, Mr. Kremer was employed by Los Angeles public finance department of RBC Dain Rauscher, formerly Sutro and Co. IncorporatedBegan his public finance career in the New York and Los Angeles offices of the National Westminster Bank Plc.