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<br />. <br /> <br />. <br /> <br />',: <br /> <br />10. <br /> <br />11. <br /> <br />12, <br /> <br />13. <br /> <br />14, <br /> <br />15, <br /> <br />16, <br /> <br />I <br /> <br />8 <br /> <br />(c) <br /> <br />Assist bond counsel in drafting the necessary resolu- <br />tion of issuance and notice of sale. <br /> <br />8. <br /> <br />Upon approval by the Agency of final financing details and <br />upon direction by the Agency to do so, prepare the text and <br />other material for an official statement or bond prospectus <br />describing the improvements, the bonds, their security and <br />the economic and financial background of the Community. <br /> <br />Arrange for printing and distribution of the official statement <br />and oth~r related material to a comprehensive list of prospec- <br />tive bond bidders. The Agency shall reimburse Consultant for <br />costs of printing and distributing the official statement and <br />related material. <br /> <br /> ..--- <br /> <br />9. <br /> <br />Effect direct personal contact with dealers and investors to <br />stimulate interest in bonds issued and advise on technical <br />questions concerning financing, <br /> <br />Take such other steps as appear advisable to encourage strong <br />competitive bidding for the bonds. Any charges by bond rating <br />agencies and any charges for debt statement shall be borne by <br />the Agency. <br /> <br />Calculate bids for the bonds, select the lowest bid at the sale <br />and advise as to the award of the bonds, <br /> <br />Advise as to the selection of the bond printer and paying <br />agents whose services would be of greatest benefit to the <br />Agency. <br /> <br />Arrange the bond closing and advise concerning investment of <br />proceeds of bonds pending their expenditure. <br /> <br />During the entire course of employment, Consultant shall make <br />himself available at reasonable times for consultation and <br />advice relating to the financial aspects of the contemplated <br />redevelopment program. During such course of employment, Con- <br />sultant shall advise Agency of pending State and Federal <br />legislation of which Consultant has knowledge, pertaining <br />to redevelopment and/or applicable financing activities. As <br />necessary, Consultant shall also revise and update the findings <br />and information prepared under Paragraphs 1, 2 and 3 above, <br /> <br />The letter proposal dated April 18,1974, addressed to the <br />Executive Director of the Community Redevelopment Agency by <br />Consultant is attached hereto and incorporated by reference <br />and made a part of this Agreement and referred to as Exhibit I. <br /> <br />- 5- <br /> <br />t+& <br />