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REQUEST FOR PROPOSALS FOR PENSION FUNDING STRATEGY FOR EMPLOYEE RETIREMENT <br /> <br />Page 6 <br /> <br />Craig Hill, Managing Principal | Role: Project Oversight <br /> Mr. Hill has been a public finance professional since 1989 and is a founding partner of <br />NHA. Mr. Hill manages the firm’s day-to-day operations as well as NHA’s local <br />government finance group and clean energy practice group. Mr. Hill’s technical <br />experience includes advising on the issuance of general obligation bonds, tax <br />allocation bonds, certificates of participation, tax and revenue anticipation notes, <br />land-secured improvement bonds, and bond anticipation notes. In addition to <br />providing traditional financial advisory expertise on public finance, Mr. Hill’s expertise <br />includes advising on public policies related to financial matters, appropriate reserve levels, and capital <br />finance requirements. Mr. Hill has recently advised on CalPERS pension cost management strategies for <br />the cities of Corte Madera, Walnut Creek, and El Cerrito. Mr. Hill holds a B.S. in Managerial Economics and <br />a B.S. in Agricultural Economics, from the University of California, Davis. He maintains his MSRB Series 50 <br />License. <br /> <br />Matt DeFilippis, Associate | Role: Quantitative Lead <br />Mr. DeFilippis began working in public finance in 2021 when he joined NHA. Since then, <br />he has provided deal support on a variety of California financings totaling over $880 <br />million in par. In addition to providing municipal financial advisory services, Mr. <br />DeFilippis provides expertise in financial forecasting and CalPERS pension cost analysis. <br />Mr. DeFilippis has developed multiple pension cost modeling tools to assist with <br />optimizing Section 115 Trust withdrawals, calculating ADPs towards specific CalPERS <br />amortization bases, and assessing pension obligation bond risk. Mr. DeFilippis holds a <br />B.A. in Applied Mathematics, from the University of California, Berkeley. He maintains his MSRB Series 50 <br />License. <br />3. CONFLICTS OF INTEREST <br />NHA does not have any arrangement of representation, formal or informal, that could potentially conflict <br />with an obligation to provide independent and unbiased services to the City. <br /> <br />4. INSURANCE <br />We have reviewed the City’s form of Professional Services Agreement. We do not have any issues with <br />the terms of the Agreement, but we want to acknowledge that our standard insurance policy includes <br />$1,000,000 of Automobile Liability Insurance (versus $2,000,000 as listed in the Agreement). NHA’s <br />standard insurance coverage fulfills all other insurance requirements set forth in the City’s Agreement. A <br />copy of NHA’s form of Certificate of Insurance is attached as Appendix A. <br /> <br />Coverage Type City Requirements NHA's Insurance Coverage <br />General Liability <br />(per occurrence) $2M $2M ($4M Aggregate) <br />Auto Liability <br />(per accident) $2M $1M <br />Worker's Comp <br />(per occurrence) $1M $1M <br />Professional Liability $2M $1M per occurrence / $2M aggregate <br />Docusign Envelope ID: BB80A86F-2853-4F40-B02D-18F5B9DD615F