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SA-3 - SA TAX ALLOCATION BONDS
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SA-3 - SA TAX ALLOCATION BONDS
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Last modified
8/16/2018 7:22:27 PM
Creation date
8/16/2018 7:21:39 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
SA-3
Date
8/21/2018
Destruction Year
2023
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Exhibit 1 <br />EXHIBIT"A" <br />SCOPE OF SERVICES <br />The specific tasks to be performed and completed by Consultant in performing the financial advisory and fiscal <br />consultant services are as provided below in this Exhibit "A". Consultant shall complete all services under this <br />Agreement within the Tenn, as described in Section 5.1. <br />1. Assist in the selection of appropriate team members, such as underwriter, bond counsel, and other <br />members of the financing team (depending on method of sale). <br />2. If requested, prepare fee comparables necessary to negotiate professional service fees. <br />3. Coordinate review and approval of financing documents with outside State agencies. <br />4. Evaluate the financing structure, to include debt service schedules; call features; bond security; <br />flow of funds; sources and uses of funds including costs of issuance; underwriters discount and <br />original issue discount; investment of bond proceeds; and estimated positive and negative cash <br />flow to the Client. <br />5. Assist client staff, underwriters and other financing team members in working with credit rating <br />agencies and financial institutions, and prepare any presentation materials and documentation for <br />rating and credit reviews. <br />6. Work with client staff, bond counsel, disclosure counsel, underwriters and other participants, to <br />review, prepare and advise on information contained in the preliminary and final official <br />statements, Indenture of Trust, fiscal agent agreement, investment agreements, and other legal and <br />disclosure documents and materials required to facilitate the sale of the bonds. <br />7. Prepare a pre -pricing book and comparable rates and scales to ensure the client is receiving the <br />best yield in the market. <br />8. Assist in the final closing of the financing and monitor market conditions including interest rate <br />"spreads" between various tax-exempt and taxable securities, up until the actual marketing and <br />pricing of the bonds. <br />8 <br />SA -3-12 <br />
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