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Overview:
The current economy of sub-prime fears and securities failures has added new complications when entering into a public/private agreement (PPA) to finance campus facilities. To assess the viability of a PPA for your institution, you must understand the various financing structures and levels of liability and risk involved.
This on-demand program provides an overview of legal and financial recourse associated with various ownership models. It includes information relevant to various types of higher education projects, including housing, athletics facilities, business incubators, research facilities, convention centers and hotels, and mixed-use developments.
Target Audience:
Business officers, capital planners, and real estate managers considering a public/private partnership to finance campus facilities will get:
- A complete and current look at the legal and tax ramifications of a public/private partnership
- A primer on the different options available for structuring PPAs
Program Agenda:
| ON-DEMAND Presentation |
| Live Session Took Place On Wednesday, June 25, 2008 |
- Accounting treatment for both GASB and FASB institutions
- Rating agencies' evaluation of public/private partnerships
- Direct and indirect debt
- Operating and capital leases
- Taxable vs. tax-exempt bonds
- Availability of credit enhancement
- Bond insurance
- Letter of credit
- Interest rate swaps
- Legal and operational implications of a ground lease and/or referral agreement
- Public/public partnerships
- With municipalities
- With other nonprofits
- Specific challenges regarding retail components
- How the current state of the market affects your ability to finance your next project
- Sub-prime mortgage crisis
- Auction rate securities failure
- Specific case studies
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Instructor:
Kirstin Kraig, Senior Vice President, George K. Baum & Company
Kirstin is a senior vice president in George K. Baum & Company's Education and Nonprofit Finance Group. She began her career in corporate finance at a Wall Street investment banking firm and joined GKB after working on the buy side at Fidelity Investments. Since joining GKB in 1998, Kirstin has financed over $750 million in capital needs for many education institutions. Kirstin is a frequent speaker at conferences for business officers in higher ed, and brings extensive experience with non-recourse financing and the tax implications of public-private agreements.
Ordering Information:
Ordering
Order online using our secure ordering system, or call 720.488.6800. After ordering, you will receive a confirmation of payment or an invoice, depending on method of payment. All audio is streamed on your computer speakers using your computer's sound card. |
Shipping
A CD-ROM version of the archive will be mailed within 3 business days of the time the order is placed. Shipping within the United States and Canada is free of charge. For orders shipped outside the United States and Canada, an additional $35 USD will be charged. |
Order Online:
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