ERMUSR MISC ISSUES 05-11-2004 - Laserfiche WebLink

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I I 41/I nday, June 21 • ss te Concurrent Sessions •,. 11 a.m.-Noon ? . . v/• lei • The Credit Rating Agencies Assess Public Power Pending Federal Legislative Issues Public power's credit quality has held up well compared to much Impacting Public Power Systems of the investor-owned and merchant sectors of the electric industry_ This session will provide an overmew and status of several important Will this trend continue?A panel from the three bond rating agen- legislative issues pending in Congress, such as the Energy Policy Act cies will discuss the key factors in determining credo quality and and reauthorization of the Clean Air Act, that will have significant how they assess the risks facing utilities impacts on public power systems and their customers. Speakers:Dan Aschenbach, Senior Vice President, Moodys Investors Speakers. Angela Becker-Dippman, Legislative Assistant, Service, New York, NY;Peter Murphy, Director, Corporate and Sen. Marra Cantwell(D-WA), George O'Connor, Energy/Natural Government Ratings Standard&Poor's, New York, N Y and Alan Spen, Resources Counsel, Sen. Larry Craig OP ID), and Valerie West, Managing Director Global Power Group, Fitch Ratings, New York, N.Y Natural Resources Director, Sen. Gordon Smith 03 OR) •thy Public Power Is Right for Our Communities Incorporating Ethics and Sarbanes-Oxley Act Principles n e desire for local control over electric service has dozens into Municipal Utility Governance of communities pursuing the public power option.Three c ty While the Sarbanes-Oxley Act applies directly to torproht companies officials,each at a different stage of setting up a public power with publicly traded securities, more and more non-profits are volun- system, will discuss what public ownership means to their tarily incorporating Act and ethics principles into Board governance communities rules and structures.What changes should municipal utility boards Speakers:Kathleen Gardipee, Policy Aide to City Commissioner Erik adopt? Sten, City of Portland, Ore., Randy Knight,Assistant City Manager, City Speaker:Douglas Wright, Partner Faegre&Benson LLP Denver Colo of Winter Park, Ha and Edward Brookshier, City Manager, City of Hermiston, Ore. Monday evening at 4:30 p.m., registered attendees and guests 2 N are invited to the Public Power Expo opening reception,featuring the top vendors and suppliers to the electrical utility industry. _._. Go to www.APPAnet.org for updated conference information and more details.