Agmt16 William Euphrat Municipal Finance, Inc.

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EXHIBIT "A" SCOPE OF SERVICES William Euphrat Municipal Finance, Inc. will: 1. Perform all financial analysis necessary to determine the cost-effectiveness of refunding the 2007A bonds and the size and structure of a refunding bond issue; 2. Assist with the selection of bond counsel and disclosure counsel; 3. Make presentations to the City Council and its finance subcommittee 4. Recommend a plan of finance and provide advice regarding the attendant risks and benefits; 5. Develop an implementation schedule and manage the activities leading to the financing's completion; 6. Attend public meetings relevant to the implementation of the financing program and make presentations as requested; 7. Meet and confer with financing team members as necessary to structure the terms of refunding bonds; 8. Perform bonding capacity, bond structuring, and other relevant financial analysis; 9. Prepare staff reports relating to the financing for committee and Council agenda items; 10. Recommend marketing and security features for the bonds; 11. Assist disclosure counsel with the preparation and distribution of disclosure documentation; 12. Prepare the City's credit profile and organize and prepare materials for credit presentations to the rating agencies; 13. Arrange for a competitive sale of bonds via an internet based platform and verify the winning bid; 14. Restructure the debt as necessary after computing the winning bid to achieve the City's financial objectives; 15. Arrange for all services incidental to the financing, such as escrow agent, trustee, verification agent, printer, bond counsel, disclosure counsel rating services and any other service necessary for the sale of bonds; 16. Coordinate with the escrow agent the purchase of escrow securities in an amount sufficient to defease refunding bonds on their first optional redemption date; 17. Advise staff on material issues throughout the financing; 18. Prepare a post -sale analysis of bond pricing and a transaction summary describing the basic structure of the financing and detailing key continuing administrative duties and, 19. Perform such other duties as are customarily performed by municipal advisors in connection with the sale of bonds and which we are competent to perform. REV: 12-07-16 JS ATTY/AGR/2016.324 EUPHRAT PFA WATER BOND REFUNDING 2017 Page 10 of 14