2010 Port Finance Seminar

June 8, 2010
Norfolk, VA

This is an outstanding opportunity to learn more about the complex issues relating to current economic realities. Topics will include trends and new approaches in port financing; FASB/GASB updates, state funding of ports; customer bankruptcy; personnel administration; risk management and insurance; impact of environmental issues on port facility financing; capital planning and investment; bond issues; trends in tax exempt financing for ports; innovations in sourcing public port funding; and credit and collections issues.

06/08/2010
Welcoming and Opening Remarks

• Kurt Nagle, President & CEO, American Association of Port Authorities
• Jerry A. Bridges, Executive Director, Virginia Port Authority
• Richert L. Self, Director of Administration & Finance, Lake Charles Harbor and Terminal District; Chair, AAPA Finance Committee

06/08/2010
Session 1: Asset Management -- Portfolio Options

Moderator: Mike Macaluso, Chief Financial Officer, Tampa Port Authority

• Nelson Bush, Senior Managing Consultant, Public Financial Management Inc.
• Erik Stromberg, Consultant

06/08/2010
Session 2: Business Valuations, Public vs. Private

Moderator:  Richert L. Self, Director of Administration & Finance, Lake Charles Harbor and Terminal District

• Franc J. Pigna, Managing Director, Aegir LLC Port Property Advisers
• Stephen Shaffer, Managing Director, Tanglin Infrastructure Advisors

06/08/2010
Lunch Presentation--Case Study: Port Everglades’ experience with planning, procuring and implementing a port-wide integrated harbormaster/revenue management system

Mary Meynarez, CPA, Director of Finance, Port Everglades

06/08/2010
Session 3: Operational/Strategic Planning

Moderator:  R. Wayne Byrd, CPA, Director of Finance, Port of Galveston

• M. John Vickerman, Jr., President, Vickerman & Associates, LLC

06/08/2010
Session 4: Roundtable Budget Process

Discussion Leader:  Daniel R. Hodgkins, Chief Financial Officer, Port of Corpus Christi Authority

• Jeff L. Strader, CPA, Chief Financial Officer, North Carolina State Ports Authority
• Richert L. Self, Director of Administration & Finance, Lake Charles Harbor and Terminal District
• Rodney W. Oliver, PPM, CPA, Deputy Executive Director of Administration and CFO, Virginia Port Authority

06/09/2010
Session 5: Trends and New Approaches in Port Financing

Moderator:  Rodney W. Oliver, PPM, CPA, Deputy Executive Director of Administration and CFO, Virginia Port Authority

• Ira Smelkinson, Executive Director, Morgan Stanley
• David Miller, Managing Director, The PFM Group

06/09/2010
Session 6: Insurance Update -- Panel Discussion

Moderator: Cindi J. Heffernan, CPCU, Managing Director, Hugh Wood Inc.

• Insurance Marketplace Update: Cindi J. Heffernan, CPCU, Managing Director, Hugh Wood Inc.
• Loss Control Valuation:  Mike Johnson, Hugh Wood Inc.
• Pre-Loss Contractor Selection: Rob Robbins, BELFOR
• Pre-Loss Business Interruption: Roland A. Hoffman, Partner, Matson, Driscoll & Damico

06/09/2010
Session 7: GASB/FASB and IFRS

Moderator: Regina Brayboy, Treasurer & Director of Financial Services, Virginia International Terminals, Inc.

• John D. Cavanaugh, Partner, Cavanaugh, Nelson, PLC
• Convergence of International Accounting Standards: Dr. John Brozovsky, Dept. of Accounting and Information Systems, Virginia Polytechnic Institute and State University

06/09/2010
Session 8: Dredging Financing

Moderator: Brent R. Leslie, Chief Financial Officer, Cleveland-Cuyahoga County Port Authority

• Richard T. Worthington, Advisor, Steinberg & Associates
• Barry W. Holliday, Executive Director, Dredging Contractors of America

06/10/2010
Session 9: Economic Update

Moderator: Jeff L. Strader, CPA, Chief Financial Officer, North Carolina State Ports Authority

• Walter Kemmsies, Ph.D., Chief Economist, Moffatt & Nichol

06/10/2010
Session 10: Recouping Security Costs

Discussion Leader: Daniel R. Hodgkins, Chief Financial Officer, Port of Corpus Christi Authority

• Mike Macaluso, Chief Financial Officer, Tampa Port Authority
• Mary Meynarez, CPA, Director of Finance, Port Everglades