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<br />çß"~ <br /> <br />City of Redwood City <br />Financial Advisory Agreement Scope of Services <br />Public Parking for Redevelopment Project No.2 <br />April 17,2000 <br />Page 4 <br /> <br />. <br /> <br />Provide suggestions regarding the best financing structure and the <br />best marketing structure and provide advice regarding the suitability <br />of underwriter proposals; <br /> <br />. <br /> <br />Recommend revisions in the structure or security of the financing <br />proposed by the underwriter that may be in the City's best interests; <br /> <br />Clarify the consequences of any financial decisions requested of staff <br />so that decisions may be made on a fully infonned basis; <br /> <br />. <br /> <br />. <br /> <br />Review all numerical analyses provided by the underwriter for <br />accuracy, reasonableness of assumptions and consistency with the <br />City's financial objectives; <br /> <br />. <br /> <br />Request that the underwriter prepare weekly market analyses during <br />the month prior to the anticipated sale date and independently confinn <br />the accuracy and suitability of the analyses; <br /> <br />. <br /> <br />Prior to the execution of the purchase contract, evaluate and review <br />with representatives of the public agency and representatives of the <br />underwriter the underwriter's pricing proposals, and compare the <br />pricing of the bonds to concurrently marketed issues in order to <br />confinn that the pricing is as efficient as is possible vis-á-vis the market <br />and that the proposed underwriting discount is commensurate with <br />issues of similar tenn to maturity and credit quality; <br /> <br />Advise the staff regarding the underwriter's final pricing proposal; <br />and, <br /> <br />. <br /> <br />Advise the staff regarding matters relating to the City's financial <br />interests during the structuring of the transaction and during the initial <br />offering and subsequent sale of securities. <br /> <br />Upon completion of the bond issue William Euphrat Municipal Finance, <br />Inc. will prepare a post-sale summary report in which it will: <br /> <br />. <br /> <br />. Provide a summary of the City of Redwood City's major duties and <br />responsibilities; <br /> <br />. Provide a summary of the transaction that describes material features so <br />individuals unfamiliar with the issue can become knowledgeable without <br />reading extensive legal documents; <br /> <br />. Review how unexpended bond proceeds were invested, explain <br />conditions regarding the withdrawal of funds for construction <br />