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FIELDMAN, ROLAPP & ASSOCIATES 2
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FIELDMAN, ROLAPP & ASSOCIATES 2
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Last modified
12/3/2015 4:33:50 PM
Creation date
7/31/2007 6:17:31 AM
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Contracts
Company Name
FIELDMAN, ROLAPP & ASSOCIATES
Contract #
A-2007-177
Agency
PUBLIC WORKS
Council Approval Date
7/16/2007
Insurance Exp Date
4/1/2008
Destruction Year
2013
Notes
Errors & Omissions exp 12/20/11
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Specifically, Consultant will: <br />1. Review the Official Statement <br />a. Generally, SEC, MSRB, and GFOA guidelines encourage full disclosure so that <br />potential investors have sufficient data to analyze each proposed financing. <br />Upon direction of the City, the Consultant shall review the official statement for <br />each debt issue relating to the Project to insure that the City's official statement is <br />compiled in a manner consistent with industry standards, typically including the <br />following matters: <br />• Legal Authority for the Financing <br />• Security for the Financing <br />• Restrictions on Additional Financings <br />• Purpose and Funds for which the Financing is Being Issued <br />• Revenue Sources <br />• Outstanding Financings <br />• Planned Future Financings <br />• Legal Opinions Regarding Tax Exemption <br />• Such Other Matters as the Context May Require. <br />b. The Consultant will post and maintain the final official statement on an internet <br />web site. <br />2. Procure and Coordinate Additional Service Providers. <br />Should the City desire, the Consultant may act as City's representative in procuring <br />the services of financial printers for the official statement and related documents, and <br />for the printing of any securities. In addition, the Consultant may act as the City's <br />representative in procuring the services of trustees, paying agents, fiscal agents, <br />feasibility consultants, redevelopment consultants, or escrow verification agents or <br />other professionals, if the City directs. <br />3. Provide Financial Advice to the City Relating to Financing Documents. <br />Simultaneous with assisting in the preparation of official statements for each debt <br />issue relating to the Project, the Consultant shall assist the managing underwriters, <br />bond counsel and/or other legal advisors in the drafting of the respective financing <br />resolutions, notices and other legal documents. In this regard, the Consultant shall <br />monitor document preparation for a consistent and accurate presentation of the <br />recommended business terms and financing structure of each debt issue relating to <br />the Project, it being specifically understood however that the Consultant's services <br />shall in no manner be construed as the Consultant engaging in the practice of law. <br />4. Compute Sizing and Design Structure of Debt Issue. <br />The Consultant shall work with the City's staff to design a financing structure for <br />each debt issue relating to the Project that is consistent with the City's objectives, that <br />coordinates each transaction with outstanding issues and that reflects current <br />conditions in the capital markets. <br />CITY OF SANTA ANA/FIELDMAN, ROLAPP & ASSOCIATES Exhibit A, Page 2 <br />
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