AgdaPkt 2000-05-22 - Laserfiche WebLink

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'5 t;>.. ' J City of Redwood City Financial Advisory Agreement Scope of Services Public Parking for Redevelopment Project No.2 ApriI1?,2000 Page 3 . Prior to the sale, provide estimates of interest rates, prepare bond sizing analyses, total project cost analyses and debt amortization schedules; . Maintain contact with underwriters and major investors during the pre-sale period and answer all questions pertaining to the financial aspects of the offering; . When bids are opened, calculate the winning bid and recommend award of the securities to the rughest bidder if such award will permit the financing program to proceed within acceptable interest rate levels; . Apply for CUSIP numbers and Depository Trust Clearing services to assure the delivery of securities in marketable form to the initial purchaser; . Assist bond counsel in arranging for the printing and timely delivery of securities to the initial purchaser; . Arrange for the investment of any unexpended proceeds in a prudent and cost-effective manner consistent with federal tax limitations and the City's capital expenditure requirements; and, Advise the staff during the structuring of the transaction and during the initial offering and subsequent sale of securities regarding matters related to the City's financial interest; . . Coordinate with bond counsel the timely closing of the bond issue; and, . Perform such other duties as are customarily performed by municipal bond financial advisors in connection with the structuring and sale of municipal bonds and wruch we are competent to perform. In connection with the negotiated sale of securities, the William Euphrat Municipal Finance, Inc. will provide applicable services noted above. Additionally, the firm will: . Assist the City interview and select a suitable underwriter; Evaluate all recommendations and proposed financing structures suggested by the underwriter and assist in the negotiation of underwriter fees; . ._.'_.'.."'-T""~'