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Agmt07 William Euphrat Municipal Finance, Inc.
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Agmt07 William Euphrat Municipal Finance, Inc.
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Last modified
5/17/2007 4:29:31 PM
Creation date
4/27/2007 3:28:14 PM
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Template:
Agreement
Contractor Name
William Euphrat Municipal Finance, Inc.
PROJECT NAME
Municipal Finance Advisory
RMP File Number
304.5
Date
4/23/2007
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EXHIBIT "A" <br />SCOPE OF SERVICES <br />In connection with the offering and sale of bonds, William Euphrat Municipal Finance, Inc. agrees to <br />perform the following public finance consulting services: <br />1. Meet and confer with City staff, council members and consultants to ascertain the scope of the <br />project and the financial objectives of the City; <br />2. Recommend a plan of finance that will, in our opinion, best achieve City objectives and provide <br />financial analyses in support of our recommendations; <br />3. Recommend either a competitive or negotiated sale of securities in order to best further the City's <br />objective of obtaining capital on the most advantageous financial terms. <br />4. Recommend a security structure and relevant marketing features that will achieve the City's <br />objectives and which will, in our opinion, result in the highest compatible rating and associated <br />lowest feasible interest rates; <br />5. Assist in the selection of the financing team (e.g., trustee, feasibility consultants, and other <br />necessary consultants or service providers, etc.); <br />6. Prepare a schedule of events for accomplishing the proposed financing, assign duties to the <br />appropriate parties and manage all details of the financing to assure a successful closing; <br />7. Prepare memoranda and reports as is necessary on behalf of staff for senior management and <br />council members in connection with the financing; <br />8. Review the credit profile of the financing to assess the credit strength of the issue and determine <br />the marketability of bonds, the suitability of the credit for a rating request and the strength of the <br />credit for a bond insurance submission; <br />9. Solicit and negotiate on behalf of the City credit enhancement, if available and cost effective; <br />10. Attend public hearings and participate in meetings and other negotiations which may bear upon <br />the approval of the financing and the sale of the securities; <br />11. Arrange for all services incidental to the financing, such as trustee, registrar and paying agent, <br />rating, bond printing or book entry services, official statement printing and distribution, insurance <br />(if cost-effective or otherwise desirable), etc.; <br />12. Meet and confer with bond counsel and other members of the financing team to assure <br />appropriate and timely preparation of all financing documentation; <br />13. Review and comment on all documents pertaining to the financing, the security therefor and the <br />project to be financed; <br />14. Prepare the City's credit profile and the credit profile of the security underlying the issue for <br />inclusion in disclosure documents; <br />15. Recommend continuing disclosure that will place the least burden on City staff and still comply <br />with applicable regulations; <br />16. Manage and coordinate the preparation of rating agency presentations and meet and confer with <br />8 <br />
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