Mark joined KNN Public Finance in 2004 and he currently serves our county, county-wide special district clients, and the State Public Works Board for the State of California (CA SPWB). In addition to managing all aspects of the debt issuance process, Mark also specializes in pre-transaction financial analysis and bond structuring.
Mark’s debt issuance and bond structuring experience includes negotiated and competitive public offerings of certificates of participation, lease revenue bonds, sales tax revenue bonds, tax allocation bonds, pension obligation bonds, solid waste revenue bonds, tobacco settlement asset backed bonds, and refunding bonds. His recent transactions include supporting several lease revenue bond offerings for the CA SPWB, sales tax revenue bonds for Sonoma County Transportation Authority and Sonoma County Agricultural and Open Space District, solid waste revenue bonds for Merced County Regional Waste Management Authority and tax allocation bonds for the Sonoma County Community Redevelopment Agency.
In addition to public offerings, Mark also provides financial advisory services for private placements of debt. These services include determining appropriate interest rates, negotiations of terms, drafting of documents and financial analysis. Recent transactions include a lease agreement for the Sonoma County Comprehensive Energy Efficiency Project and taxable pension obligation adjustable rate refunding bonds for Kern County.
Mark specializes in developing cash-flow models, feasibility studies, financial projections and debt capacity analyses. For several clients dependent on specific revenue streams for capital projects, Mark has developed comprehensive dynamic cash-flow forecasting models. These models and associated analysis are utilized for capital planning, determining the timing and structure of future financings and assessing debt capacity. Recent work includes strategic planning and cash flow models for Sonoma-Marin Area Rail Transit District (SMART) and Sonoma County Water Agency. For general fund clients Mark’s quantitative skills are utilized for debt capacity reviews, debt policies, cost-benefit analysis and asset divestitures.
When not in the office, Mark likes to immerse himself in popular culture, especially television and film. Time permitting, he travels with his wife, Miranda, whose motto is: “Unless we suffer during our travels, we are not really going to enjoy them.”
Prior to joining KNN, Mark served as an investment banking Vice President for Salomon Smith Barney. His work included debt, equity, and mergers and acquisitions in a broad array of industries. In addition, as a Financial Analyst at Ogden Projects, he worked on several municipal waste-to-energy, independent energy and landfill projects. Mark earned an M.B.A. from Carnegie Mellon University in 1992 and a B.S. in Mechanical Engineering from Cornell University in 1987.
