The San Francisco Airport Commission refunds $110 million in fixed-rate revenue bonds with new variable-rate bonds to lower its overall interest cost.  •  The San Dieguito Union High School District responds to the turbulent auction-rate market by converting $90 million in ARS bonds to fixed-rate securities.  •  De La Rosa & Co. generates $41 million of retail orders to reduce yields and save the L.A. County Metropolitan Transportation Authority significant interest costs on a $25-million Sales Tax Revenue Bond issue.  •  The L.A. Community Redevelopment Agency obtains a strong investment-grade rating on a $12.5-million Taxable Tax-Allocation Bond issue for the Westlake Recovery Project.  •  Despite a tough market, Beverly Hills successfully refunds $31 million in water revenue bonds and $17 million in wastewater revenue bonds for economic savings.  •  The Gridley Redevelopment Agency clears various hurdles caused by tightening credit in the municipal market to successfully execute its first tax-allocation bond financing.  •  Riverside issues unenhanced Bond Anticipation Notes to mute the effects of the collapse of auction-rate securities and prudently control interest costs.  •  The Sacramento Regional County Sanitation District restructures $50 million in auction rate securities with better performing, direct pay variable-rate bonds backed by letters of credit.  • 
 
Accomplishing something noteworthy requires vision, talent, dedication and the ability to pursue your goal, even when confronted with roadblocks and setbacks. You may know of someone in your community, your school, your church or your family that achieved something noteworthy in the face of adversity. De La Rosa & Co. invites participants to write an original and creative essay based on the following quote:
"Pain is temporary. Quitting lasts forever."
- Lance Armstrong
CONTEST POLICIES:

De La Rosa & Co. will award $2,000 scholarships to 20 seniors from 20 selected California high schools. One winner will be chosen from each participating school. The deadline for entries is Friday, April 16.

Contestants must be seniors in good academic standing and on track to graduate in 2010 from one of the following 20 high schools:
  1. Arroyo Valley High School
    San Bernardino City Unified School District

  2. Bret Harte High School
    Bret Harte Union School District

  3. Buena High School
    Ventura Unified School District

  4. Burlingame High School
    San Mateo Union High School District

  5. Corning High School
    Corning Union School District

  6. Fowler High School
    Fowler Unified High School District

  7. Grossmont High School
    Grossmont Union High School District

  8. Hawthorne High School
    Centinela Valley Union High School District

  9. Indio High School
    Desert Sands School District

  10. Luther Burbank High School
    Sacramento City Unified School District

  11. Mission High School
    San Francisco Unified School District

  12. Pittsburg High School
    Pittsburg Unified School District

  13. Saddleback High School
    Santa Ana Unified School District

  14. San Dieguito Academy
    San Dieguito Union High School District

  15. San Fernando High School
    Los Angeles Unified School District

  16. San Rafael High School
    San Rafael City Schools District

  17. Santa Paula High School
    Santa Paula Union High School District

  18. Skyline High School
    Oakland Unified School District

  19. South Tahoe High School
    Lake Tahoe Unified School District
Essays must be no fewer than 600 and no more than 800 words in length.

One entry per student, please.

Contestants are encouraged to discuss the essay topic with teachers, parents, friends, and other mentors, but each contestant must write the essay himself or herself, in his or her own words.

De La Rosa & Co. will establish a panel of judges who will look for writing that is clear, articulate and well organized. Essays will be judged on both style and content. Decisions of the judges are final.

Immediate family members of elected or appointed school district officials or employees of De La Rosa & Co. are not eligible for this contest.
All essays must be accompanied by:
  • a cover sheet including the contestant's name, address, phone number, email address, high school, and the name of a parent or guardian;
  • a statement signed by the contestant that the essay submitted is the original work of the contestant
  • a statement signed by the parent or guardian indicating that the parent or guardian approves of the contestant participating in the scholarship essay contest;
  • a statement by the school official confirming that the contestant is a student in good standing, on track to graduate from the 12th grade in 2010.
Click here for an online version of these documents.
E-MAIL SUBMISSIONS:
Essays may be attached as a single-spaced Microsoft Word document or embedded in the message portion of the e-mail. E-mail your essay and accompanying statements to: fabricofsociety@ejdelarosa.com
SURFACE MAIL SUBMISSIONS:
Essays sent by U.S. mail or delivery service must be typewritten double-spaced. Include a word count with the essay. Send your entry to:
The Fabric of Society
De La Rosa & Co.
10866 Wilshire Blvd., Suite 1650
Los Angeles, CA 90024
ONLINE SUBMISSIONS:
Click here for an online submission form.
Essays must be emailed or postmarked no later than April 16, 2010, no later than 11:59 p.m., PST. Winners will be notified by Friday, May 14, 2010.

De La Rosa & Co. is not responsible for lost, late, misdirected, damaged, illegible, or incomplete submissions.

By entering, you agree that your essay will become the property of De La Rosa & Co. and will not be returned. De La Rosa & Co. reserves the right to print and display the essays and photographs of the contest winners.