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Attachment IA 6.1 B <br /> Page 6 <br /> SCOPE OF SERVICE5 <br /> In connection with the offering and sale of bonds, William Euphrat Municipal Finance, <br /> Inc. agrees to perform the following public finance consulting services: <br /> 1. Meet and confer with City staff, council meinbers and consultants to ascertain the <br /> scope of the project and the financial objectives of the City; <br /> 2. Recommend a plan of finance that will, in our opinion, best achieve City <br /> objectives and provide financial analyses in support of our recommendations; <br /> 3. Recommend either a competitive or negotiated sale of securities in order to best <br /> further the City's objective of obtaining capital on the most advantageous <br /> financial terms. <br /> 4. Recommend a security structure and relevant marketing features that will achieve <br /> the City's objectives and which will, in our opinion, result in the highest <br /> corrtpatible raling and associated lowest feasible interest rates; <br /> S. Assist ia1 the selection af the financing team (e.g., trustee, feasibility consultants, <br /> and other necessary consultants or service providers, etc.}; <br /> 6. Prepare a schedule of events for accoiilplishing the proposed financing, assign <br /> duties to the appropriate parties and manage all details of the financing to assure a <br /> successful closing; <br /> 7. Prepare rnemora�ida and reports as is necessary on hehalf of staff for senior <br /> management and council members in connection with the financing; <br /> 8. Review the credit profile of the financing to assess the credit strength of the issue <br /> and determine the marketability of bonds, the suitability of the credit for a rating <br /> request and the strength of the credit for a bond insurance submission; <br /> 9. Solicit and negotiate on behalf of the City credit enhancement, if available and <br /> cost effective; <br /> 10. Attend public hearings and participate in meetings and other negotiations which <br /> may bear upon the approval of the financing and the sale af the securities; <br /> 11. Arrange for all services incidental to the financing, such as trustee, registrar and <br /> paying agent, rating, bond printing or book entry services, official statement <br /> printing and distribution, insurance(if cost-effective or otherwise desirable), etc.; <br /> 12. Meet and con.fer with bond counsel and other members of the financing team to <br /> assure appropriate and timely preparation of all financing documentation; <br /> 2 <br /> _._ _ . . <br />