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25B - AGMT GAS TAX REFUNDING
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25B - AGMT GAS TAX REFUNDING
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Last modified
8/30/2019 1:21:31 PM
Creation date
8/30/2019 1:17:51 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
25B
Date
9/3/2019
Destruction Year
2024
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EXHIBIT A EXHIBIT 2 <br />M URBAN. FUTURESJ.i -.1virlion.lied <br />August 19,2019 <br />FROM 'Urbanfuturesiltic, <br />Michael Busch, CEO <br />TO: Kathryn, Downs, g)(ecutive Director/ CityTrgasurer <br />City of Santa Ana <br />20 CivIt Center Plaza <br />Santa Ana, Ca 92702 <br />RE Engagement Letter for Gas Tax Refunding Cartiflotes of Participation (COPs), Series <br />:2019 <br />Dear Kathryn: <br />This .letter specifies the terms of tbe:eng@gementb..etween Urban Futures, inc;, located at i7821 <br />E..Street, Suite. .24s.iTti tln.CAW86 and City of Santa Ana lotaedat2QClVitCenter Plaza Santa <br />Ana,,CA92702. <br />This :engagement . between City of - Santa Ana (the "City.") and Urban R1.ture$,JnC. (41.1W <br />) shall <br />become effective as'of the dlate.of.lts acceptance at provided below. <br />Scope of Municipal Advisory. Actl4ltiqs to be'Pqrformed, <br />Assembling a team, that works: for the Municipality Is a[ key part .of the debt issuance process. <br />Among the first to join. the team is the municipal advisor. As municipal advisor, UFI will <br />successfully perform the following duties. <br />• Assist in developing the plan of.fin;Jae and related transaction timetable,, <br />• Identify and analyze financlpg splu(ions and . alternatives. for funding the tapital <br />improvement plan;, <br />q, Advise on the :method of sale, takiing into account. market conclitipffs: and. near -term <br />activityAni, the municipall market; <br />Assist In the, preparation of any rating:agency stnite les and- Presentations; <br />'9 . <br />• <br />Coordinate internal/external accountants, feasibility consultants and'escrow agents, as <br />appropriate, <br />Assistwith'he select <br />ion tion of the financing team Including unclerwrlLu tr <br />ustee; t,r.. ste% bond and <br />disclosure couns <br />el,. <br />• Assist with issues, s' syndicate structure and bond allocations; <br />PrO017 PUNMS, IRC. <br />25B-1 5 <br />
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