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The week of June 29, 2009, Stone & Youngberg will manage the sale of municipal bonds for the City of Piedmont, California to fund a utilities undergrounding project.*

This financing will include approximately $3,200,000 of tax-exempt bonds and a small $200,000 taxable bond component.*  Review the Preliminary Official Statement. 

For more information on this bond sale, please contact Stone & Youngberg. 

If you are interested in purchasing these bonds, you will need to have a brokerage 
account with Stone & Youngberg.  If you are currently not a client, here is information 
on how to open an account with us.

Stone & Youngberg is a leading financial services company and offers a comprehensive 
range of products and services to individuals and families.  The firm is one of the leading 
underwriters of municipal bonds in Arizona and California. 

One of the oldest private financial institutions in the country, Stone & Youngberg was 
founded in San Francisco in 1931, and is headquartered in San Francisco's historic
Ferry Building.

Stone & Youngberg home page.

Information on Stone & Youngberg's Private Client Group.

Contact Private Client Group about upcoming Piedmont bonds.

* This is not an offer to sell, a soliciation or an offer to buy these securities.  Actual sales date and par 
amount may vary.  The offer is made only by the Official Statement.  Bonds are subject to availability 
and a change in price.  Market value of bonds is subject to fluctuation if sold prior to maturity.