AgdaPkt 2000-05-22 - Laserfiche WebLink

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~ t>-::> SCOPE OF SERVICES RE FINANCIAL PLAN DEVELOPMENT & IMPLEMENT A nON FOR PUBLIC PARKING REDEVELOPMENT PROJECT No.2 FINANCIAL ADVISORY AGREEMENT In connection with this engagement, William Euphrat MUlÚcipal Finance, Inc. will: . . . . Meet and confer with City staff, councilmembers and consultants to ascertain the scope of the project and the financial objectives of the City; Prepare a recommended plan of finance that will, in our opinion, best achieve City objectives and provide financial analyses in support of our recommendations; Recommend a security structure and relevant marketing features that will achieve the City's objectives and which will, in our opinion, result in the highest compatible rating and associated lowest feasible interest rates; and, Recommend either a competitive or negotiated sale of securities in order to best further the City's objective of obtaining capital on the most advantageous financial terms. In connection with the competitive sale of securities, the William Euphrat MUlÚcipal Finance, Inc. will: . . . . . Assist in the selection of the financing team (e.g., trustee, feasibility consultants, and other necessary consultants or service providers, etc.); Prepare a schedule of events for accomplishing the proposed financing, assign duties to the appropriate parties and manage all details of the financing to assure a successful closing; Prepare memoranda and reports as is necessary on behalf of staff for senior management and council members in connection with the financing; Review the credit profile of the financing to assess the credit strength of the issue and determine the marketability of bonds, the suitability of the credit for a rating request and the strength of the credit for a bond insurance submission; Solicit and negotiate on behalf of the City credit enhancement, if available and cost effective; -->-....¡-.-.