Agmt21 William Euphrat Municipal finance, Inc. Finance Dept

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EXHIBIT "A" SCOPE OF SERVICES In connection with the planning for and implementation of a sale of bond, certificates of participation or other securities, William Euphrat Municipal Finance will charge to a fixed fee of $45,000, contingent upon the sale of such bonds or other securities. Such fee shall be inclusive of out of pocket expenses. In connection with the development of financing alternatives, William Euphrat Municipal Finance, Inc., shall: 1. Provide independent financial advice on possible financing alternatives and make suitable recommendations; 2. Identify existing and potential new revenue sources and a way to use such revenue sources to secure debt or lease obligations that may be used to leverage revenue into construction proceeds; 3. Propose financing methods to be considered for accomplishing the City's objectives and identify basic legal requirements for various financing structures. William Euphrat Municipal Finance, Inc., is not a law firm and will not provide legal advice. This task will be completed in consultation with City staff and legal counsel; 4. Evaluate the advantages and disadvantages of each identified financing mechanism; 5. Evaluate the sufficiency of projected cash flows from any revenue source that may constitute security for any obligation incurred; 6. Recommend the most appropriate combination of new and existing revenue sources and any associated borrowing structures that will satisfy the City's need to raise money for the target infrastructure project or projects; 7. Assist with the development of any appropriate resolutions or ordinances that may be required for implementation of the selected plan of finance; 8. Prepare draft staff reports in connection with presentations to the City Council and any required City Council approvals in connection with the selected plan of finance; 9. Recommend the method of sale (competitive or negotiated); In connection with a negotiated sale of bonds or other securities, William Euphrat Municipal Finance, Inc., shall: 10. Meet and confer with City staff, bond counsel and disclosure counsel to ascertain the scope of the (financing) project and the financial objectives of the City; 11. Recommend a plan of finance that will, in our opinion, best achieve City objectives and provide financial analyses in support of our recommendations; Page 10 of 16 REV: 09-11-18 DZ ATTY/AGR.2018.219/WiIlam Euphrat Municipal Finance Advisor - YMCA/Senior Ctr Funding