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<br />','. ," .~. . <br /> <br />, <br /> <br />8 <br /> <br />Mr. Richard E. Goblirsch <br />Community Redevelopment Agency <br />of the City of Santa Ana <br /> <br />April 18, 1974 <br />Page 6 <br /> <br />. <br /> <br />of is suance, a description of the Agency and its re- <br />development activities, specific information as to the <br />project (its current stage of development, anticipated <br />development, present and anticipated assessed val- <br />uations, tax rates, and such other relevant information <br />as will assist potential bond purchasers in reaching <br />a decision as to the investment merits of thè bond <br />offering). The Official Statement will also contain <br />pertinent economic and financial data normally expec- <br />ted by bond purchasers. <br /> <br />(g) Upon approval of the Official Statement by Agency, <br />arrange for printing and distribution to a compre- <br />hensive list of bond purchasers supplied by Consultant. <br /> <br />(h) Effect direct personal contact with bond dealers and <br />investors to stimulate interest in the bond offering, <br />and advise on any technical questions concerning the <br />financing program. <br /> <br />(i) <br /> <br />If deemed advisable, obtain ratings on the bonds <br />from nationally recognized rating agencies. <br /> <br />(j) Attend bond sale, calculate bond bids, confirm <br />low bid, and recommend award of bonds to best <br />bidder. <br /> <br />(k) Arrange and participate in bond delivery, and ad- <br />vise Agency as to investment of unused bond pro- <br />ceeds, prepare computation and distribution of bond <br />proceeds due at delivery and prepare schedule of actual <br />bond service on basis of the winning bid. <br /> <br />(1) Provide continual information to Agency regarding <br />status of State and Federal legislation pertaining <br />to redevelopment and/or financing activities. <br /> <br />(m) As necessary, revise and update findings and <br />recommendations originally prepared under Task <br />1 and 2. <br /> <br />. <br /> <br />~f <br />