ANNOUNCEMENTS

• I-Bank Executive Director Stan Hazelroth recently traveled to Washington D. C. to participate in ‘A National Infrastructure Bank: The Bank That Won't Need a Bailout -Third Way and Building America', for a discussion on how the creation of a National Infrastructure Bank can help America “get there first” in the global race toward innovation, new jobs and American middle class success. To view the full event video, courtesy of Third Way, please click here. Or read the event transcript here.
• The I-Bank hosted a conference call on May 21st entitled “Utilizing Recovery Zone Economic Development Bonds” to determine local government interest in working through the I-Bank to access the benefits of these bonds through a pooled bond program. To find out more about this new proposed Pooled Bond Program please visit our Programs webpage.
• On June 19th, the I-Bank and CA Debt and Investment Advisory Commission co-sponsored a one-day workshop designed to provide public agencies information on accessing the public financing opportunities resulting from the American Recovery and Reinvestment Act (ARRA) of 2009. Speakers discussed the new taxable and tax-exempt bond programs, increased allocations for existing bond programs, application deadlines, and other changes to the municipal bond market. To access the workshop’s ARRA Guide and speaker presentations, please visit http://www.treasurer.ca.gov/cdiac/seminars.asp.
• The next I-Bank Board meeting will be held on Tuesday, July 28, 2009 at 1:30 PM. Board meetings are typically held in the Conference Center located at 980 9th Street, 2nd Floor, Rooms A, B & C, Sacramento, CA. I-Bank Board Meetings will also be simultaneously audio webcast. The audio webcast is not interactive and does not permit listeners to comment on matter before the Board. It is made available for information only. If you have any questions or wish to be added to the I-Bank's Board Agenda electronic mailing list, please email us at ibank@ibank.ca.gov.

I-Bank in the news

• $10M in Bonds Authorized for Garlic Facility (The Business Journal – Fresno·Kings·Modesto·Tulare)
• Cal ISO Board Approves New Headquarters (Sacramento Business Journal)
• Davis Gets $10M for Water Storage Tank Project (Sacramento Business Journal)
• Building the National Infrastructure Bank, Interview with I-Bank Executive Director Stan Hazelroth (BLUEPRINT AMERICA, PBS Reports on the Infrastructure Crisis)