Banco Popular de Puerto Rico

Tim Williams joined J.P. Morgan as Executive Director in the Public Finance Banking Group in 2007, and leads the Group�s water and sewer and State Revolving Fund (�SRF�) banking efforts. He has over 16 years of public finance experience and has senior managed for $20 billion in financings for water, sewer, SRF, and energy issuers nationwide. He has been involved in senior managed� financings for water and sewer issuers around the country including: Atlanta; Columbus, OH; DC Water; Denver Water; Fulton County, GA; Hampton Roads Sanitation District; Massachusetts Water Resources Authority; Metropolitan District Commission of Hartford CT; Phoenix; San Antonio Water System; St. Louis Metropolitan Sewer District; and Tarrant Regional Water District.In addition, he has senior managed, structured, and run cashflows for numerous SRF issuers nationally including Arizona, California, Colorado, Connecticut, Florida, Illinois, Iowa, Kansas, Maine, Massachusetts, Michigan, Missouri, New York, North Dakota, Ohio, Oklahoma, Rhode Island, South Dakota, Texas, Virginia, and Wisconsin.Prior to joining J.P. Morgan, Tim was a Director in public finance at UBS Securities and then prior to that a vice president in public finance at Merrill Lynch. Tim received a BA from Dartmouth College, an M.A. in Urban Planning from the University of Virginia, and an M.B.A. from the Wharton School.

Wendy Smith has been with the Oklahoma Turnpike Authority�s Finance Division since 1993 and has served as the Finance Director since June 2001. She has been a CPA since 1988 and began her accounting career in the insurance industry. She graduated from the University of Central Oklahoma and earned a Bachelor�s of Science Degree in Accounting as well as a Bachelor of Arts Degree in Psychology.

Mr. Jorge Rodriguez is a Managing Director for Public Finance at Coastal Securities. Mr. Rodriguez is a long time veteran of the Texas capital markets, and coordinates all Public Finance efforts of Coastal Securities. With over 34 years of financial experience, Mr. Rodriguez has represented many of the largest Texas Public Community College Districts as financial advisor. Over the years, Mr. Rodriguez introduced the use of Public Facility Corporation financing to Texas Community College Districts and has structured numerous issues for districts across the state. Mr. Rodriguez� clients include the City of San Antonio as well as the Texas Public Finance Authority. Mr. Rodriguez holds a Bachelor of Arts from St. Mary�s University in San Antonio, Texas as well as a Masters of Public Affairs from the LBJ School at the University of Texas.

Jeff joined Capital One Public Funding, LLC in May 2005 as Vice President/ Director of Business Development. He is responsible for identifying and structuring tax-exempt loan and lease transactions for governmental and nonprofit borrowers throughout the U.S. Jeff primarily works with public finance intermediaries. Mr. Sharp was formerly Senior Vice President covering the Central Region for both Transamerica and ORIX Public Finance, where he originated and structured tax-exempt leases and bond issues. In 2003, Jeff he was promoted to Senior Vice President-Capital Markets where he was responsible for managing the public finance portfolio and syndicating transactions individually and in large portfolio sales. Jeff began his career in local government and eventually became a public finance investment banker for a regional securities firm covering Kansas, Missouri, and New Mexico. He holds a Bachelor of General Studies (Urban Geography) and Master of Public Administration (City Management) from the University of Kansas.

David Unkovic is a public finance lawyer with McNees Wallace & Nurick LLC in Lancaster, Pa.

Certifications / Degrees / AwardsMunicipal Securities RepresentativeMunicipal Securities PrincipalUniform State AgentCertified Public AccountantB.B.A., St. Edward’s UniversityNonprofit BoardsSan Antonio Hispanic Chamber of CommerceThe Witte MuseumSt. George Episcopal SchoolChurch of The Holy Spirit�Mr. Gonzales is Managing Director and Manager of the San Antonio office of Estrada Hinojosa & Company, Inc., and also serves on its Board of Directors.� He is a Certified Public Accountant with over twenty-five years of financial consulting and investment banking experience serving governmental entities.� He has been the Lead Banker in financings throughout Texas for cities, counties, housing finance corporations, schools (both higher education and public education), enterprise fund supported entities such as water, sewer, electric, gas and airport facilities, hospital districts, and mobility projects.� Mr. Gonzales has represented and assisted numerous entities in the preparation of rating agency and insurance company presentations.� He represents numerous governmental entities throughout Texas and is prepared to assist in financings from revenue supported to tax-backed credit issues.His transportation financial advisory and underwriting experience includes Alamo RMA, Donna International Toll Bridge, San Antonio International Airport, VIA Metropolitan Transit Authority, Bexar County Rail District, Central Texas Regional Mobility Authority, Brazoria County Toll Road Authority, Hidalgo County Regional Mobility Authority, and Fort Bend Grand Parkway Toll Road Authority.Mr. Gonzales has testified before Congress as an expert witness as well as the predecessor agency of the Texas Commission on Environmental Quality (TCEQ) regarding utility system finance.� He has completed more than $300 million of projects through the Texas Water Development Board, numerous single-family housing transactions and completed the first North American Development Bank (NADBank) bond transaction.� In the last five years, he has completed municipal bond financings totaling more than $5 billion.Prior to his investment banking career, Mr. Gonzales worked in public accounting and was the Staff Director for the Texas School Performance Review for Texas State Comptroller John Sharp.� While working in public accounting, he has performed tax and management consultant services for various accounting firms.� Mr. Gonzales’ 18+ years of public accounting experience with a concentration in taxation will be of significant value in assisting in the review and analysis of various types of financial and tax-related issues that may be contemplated.

Gary Goldsholle is General Counsel of the Municipal Securities Rulemaking Board (MSRB), where he oversees all legal activities of the MSRB, including market regulation, professional qualifications, enforcement support and corporate governance. Prior to joining the MSRB, Mr. Goldsholle was vice president and associate general counsel for the Financial Industry Regulatory Authority (FINRA), where he was responsible for regulatory policy and rule development. He also worked in the Office of the Chief Counsel, Division of Trading and Markets at the Commodity Futures Trading Commission. Mr. Goldsholle began his legal career as an associate at Steptoe & Johnson.Mr. Goldsholle received a bachelor�s degree from Duke University and a law degree from the University of Chicago Law School.