Mr. Townsend joined Frasca after serving as the Chief Financial Officer of the Houston Airport System. Prior to that, Mr. Townsend was a consultant with LeighFisher where his clients included the operators of airports serving Albuquerque, Atlanta, Baltimore, Dallas/Fort Worth, Denver, Houston, Los Angeles, and Ontario. With expertise in capital program financial planning, airline negotiations, and airline rates and charges, Mr. Townsend developed long-range financial models for four of the five busiest airports in the U.S. For Atlanta, he assisted with capital program financial planning and airline negotiations related to the airport's $1.4 billion international terminal, and for Dallas/Fort Worth, he assisted in preparing feasibility studies for the airport's $3.5 billion capital improvement program. Most recently in Houston, he led financial planning and airline negotiations for HAS's $4.0 billion capital improvement program, including the proposed $1.5 billion international terminal and FIS expansion at IAH. He has prepared passenger facility charge applications and amendments for Albuquerque, Baltimore/Washington, and Houston. At Frasca, Mr. Townsend has conducted various financial consulting and advisory projects, including passenger facility charge applications for Los Angeles; parking and ground transportation studies for Baltimore/Washington, Long Beach, and Orange County; financial modeling for Minneapolis/St. Paul; capital program financial planning for Long Beach, Orlando, San Diego, and Syracuse; rating agency presentations and coordination for Jackson, New Orleans, and San Diego; a management and financial benchmarking study for Louisville; concession program financial analysis for Myrtle Beach; and various air traffic analyses for Jackson, Long Beach, New Orleans, Phoenix, and San Diego. Mr. Townsend has a bachelor's degree in economics and English literature from Texas Christian University and a master's degree in public policy from the University of Maryland. He is an MSRB Municipal Advisor Series 50 Representative.