Effectiveness and efficiency—two qualities in great demand among public servants have distinguished your tenure as Collector-Treasurer of the City of Bolton. Since 1988 you have reduced the size of your department by 25 percent while, at the same time, achieving through new programs, the lowest tax delinquency rate in the city’s history. Despite the recession and the financial ills of the Commonwealth as a whole, you have reached and maintained the highest bond rating in the city’s history. Drawing on your previous experience as an investment banker, you devised an innovative $170 million bond issue to rebuild Boston City Hospital that contrived to keep the debt burden off the city’s books and became the first public hospital financing in the country to obtain federal insurance. Through these and other programs you have freed large sums of money for such other badly needed capital projects as school buildings, roads, and parks. Wedding your technical expertise and your concern for the well being of people of low income, you have developed creative financing programs in support of affordable housing via a project that links large business development with investment in Boston’s poorer areas. You have helped demonstrate in fact that the power of the nation’s financial markets can itself be harnessed in benign and creative ways to advance the public good. In recognition of your distinguished achievement in service of one of our nation’s great cities, Williams is proud to present you with its Bicentennial Medal.