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DAVID TAUSSIG & ASSOCIATES, INC
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DAVID TAUSSIG & ASSOCIATES, INC
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Last modified
7/13/2015 9:52:19 AM
Creation date
10/7/2005 10:56:58 AM
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Contracts
Company Name
David Taussig & Assoc, Inc
Contract #
A-2005-225
Agency
Finance & Management Services
Council Approval Date
9/19/2005
Insurance Exp Date
12/8/2006
Destruction Year
2011
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<br />used to calculate the annual special tax levy for the CFD. Prepare the Public Report, containing <br />descriptions ofthe proposed public facilities, their estimated costs, projected bonded indebtedness, <br />the anticipated issuance date and proj ected annual special tax rates. <br /> <br />Task 4. <br /> <br />Document Review and Preparation <br /> <br />Assist Bond Counsel and Underwriter's Counsel with the preparation of required documents, <br />including the Resolution of Intention, Resolution of Formation, various tables in the Official <br />Statement and related items. Also provide necessary data and advice to Bond Counsel regarding the <br />implementation of the CFD, including policies which address changes in land uses which occur after <br />district formation, parity bonds tests, integration of reimbursement programs from the State or other <br />public districts or fee programs, and the formation of an advisory board to make decisions regarding <br />the issuance of parity bonds and/or the enrollment of special taxes. <br /> <br />Task 5. <br /> <br />Meetinl!s <br /> <br />DT A shall attend up to a total of five meetings. These meetings may be used to discuss or present <br />the Tax Spread, Rate and Method of Apportionment of Special Tax, Public Report, or other items <br />prepared by DT A. They may also be used for the protest hearing, or other public meetings. After a <br />total of five meetings attended by DT A have been completed, additional meetings will require fees <br />beyond the maximum established in the Fee Schedule lithe budgeted amount has been completely <br />expended based on hourly rates quoted herein. <br /> <br />Task 6. <br /> <br />Bond Sizinl! <br /> <br />Assist Underwriter in sizing of bond issue (e.g., use of increasing debt service, capitalized interest, <br />etc.) to establish an optimal schedule of bond sales to maximize funding capacity and generate the <br />greatest possible benefit to all interested parties, as well as to alleviate cash flow constraints. <br /> <br />Task 7. <br /> <br />Special Tax Consultant Certificate <br /> <br />DT A shall prepare and execute a Special Tax Consultant Certificate confirming the adequacy of <br />special taxes to meet debt service requirements for fust bond issue. If applicable, DT A shall require <br />an executed landowner information certificate from each Project Landowner confirming net taxable <br />acreage and other relevant data prior to executing the Special Tax Consultant Certificate. <br /> <br />Task 8. <br /> <br />Verbal Consultiul! Services <br /> <br />Provide verbal consulting services and advice to Client and Project Landowners regarding the <br />financing during the period in which Tasks I through 7 are being completed. <br /> <br />Task 9. <br /> <br />Additional Consultinl! Services <br /> <br />For additional fees, DTA shall complete other tasks related to financing and administration of the <br />CFD as agreed upon by DTA and the Client. Such tasks may include holding additional meetings <br />with various participants in the formation process, preparing additional computerized Tax Spreads, a <br /> <br />City of Santa Ana <br />Agreement for Consulting Services <br /> <br />Page A.2 <br />July 1, 2005 <br />
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