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BACKGROUND AND EXPERIENCE OF KEY INDIVIDUALS <br />MICHAEL P. BUSCH, CEO <br />Mr. Busch joined Urban Futures following a successful career in municipal government. Mr. Busch's <br />municipal career consisted primarily of assistant /deputy city manager, CFO, and project manager <br />positions. As such, he has extensive experience in strategic planning and municipal finance. Mr. Busch <br />has served as the President of the Municipal Management Association of Southern California (MMASC), <br />Chair of Cal -ICMA and currently serves as the Treasurer for the California Utility Executives Management <br />Association. <br />Education: Mr. Busch earned a Bachelor of Arts Degree from California State Polytechnic University <br />Pomona in Urban and Regional Planning. In addition, Mr. Busch has earned a Master of Arts Degree in <br />Public Administration from California State University Long Beach with an emphasis in public finance and <br />public works. <br />ED MONACO, Associate — Public Finance <br />Mr. Monaco's duties consist of research, analysis, and administration for the Finance Department. He <br />heads the Finance Department's Continuing Disclosure Division where he is in charge of daily operations <br />as well as the preparation of Issuer's Annual Continuing Disclosure Reports. Mr. Monaco's other <br />contributions include Fiscal Consultant Reports, Tax Increment Projections, bond issuance and refunding <br />scenarios using DBC Financial software, and presentations to Ratings Agencies (S &P, Moody's, Fitch) for <br />initial bond ratings and ratings updates. <br />Education: Mr. Monaco is a graduate of California State University, Fullerton where he earned his <br />Bachelor of Arts degree in Business Administration, with an emphasis in Finance. <br />25J -17 6 <br />