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b. Applicable methods of financing the proposed improvements, the advantages and disadvantages of each method and the general financing requirements or restrictions applicable to each method, including the application of State and Federal loans or grants. c. Available sources of revenues which might be used to amor- tize the indebtedness to be incurred for the capital costs of the improvements and to pay their annual maintenance and opera- tion costs. d. The financial effects of the financing program on typical propertyowners, taxpayers or beneficiaries of the im- provements. e. Procedural steps to be taken and timing of actions. 3. Appear at a reasonable number of public meetings to explain the financial aspects of the program and provide factual information regarding the project and the financial program. 4. If the issuance of bonds or other evidences of indebtedness to finance all or part of the costs of the proposed improvements is authorized, recom- mend to City the exact terms and conditions under which bonds are to be issued and sold, including timing and method of sale, final amortization or repayment schedules, call and redemption features, sinking fund requirements, application of revenues and other details. Assist bond counsel in drafting the necessary resolution of issuance and notice of sale. 6. Upon approval by City of final financing details and upon direction by City to do so, prepare the text and other material for an official statement or bond prospectus describing the improvements, the bonds and their security, the economic and financial background of City, and following items concerning the assessment district: a. A copy of the notice of sale. A copy of the assessment diagram showing parcels within the assessment district. c. A discussion of the method used in spreading the assessment. d. A list showing the amount of each individual assessment, the assessed valuation of land and improvements and the lien ratio (the ratio of assessment to full cash value) for each parcel of land. e. Economic and financial background of the assessment district. 7. Arrange for printing and distribution of the bond prospectus and other related material to a comprehensive list of prospective bond underwriters. City shall reimburse Consultant for costs of printing and distributing the official statement and related material. 8. Effect direct personal contact with dealers and investors to stimulate in- terest in any bonds issued and advise on technical questions concerning financing. -2-