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51 �=Z3 <br /> Attachment 1 C <br /> Introduction <br /> Jones Hall, A Professionai Law Corporation, is pleased to propose its services <br /> as disclosure counsel to the City of Redwood City (the "Ciry"). <br /> We understand that the City is seeking disclosure counsel services in connection <br /> with issuance of water revenue bonds to finance reclamation and construction <br /> distribution facilities for the City's water enterprise. <br /> Set forth in this proposal is (1) a brief description of Jones Halt, (2) a brief <br /> statement of Jones Hall's qualifications and experience, (3) resumes ofi Steve Melikian <br /> and Scott Ferguson, the two attomeys that would provide disclosure counsel services to <br /> the City, (4) our proposed scope of services, and (5) a proposed fee arrangement. <br /> Attached to the proposal are a list of water financings completed by Jones Hall as bond <br /> counsel, disclosure counsel or underwriter's counsel since January 2001 (Appendix A), <br /> a proposed form of disclosure counsel contract (Appendix B), and a form of due <br /> diligence checklist for the City's proposed water revenue financing (Appendix C). <br /> 1. Description of Jones Hall. <br /> Jones Hall consists of twelve principal attomeys and two associates, all of whom <br /> practice exclusively in the area of municipal finance as bond counsel, underwriter's <br /> counsel, disclosure counsel, and special tax counsel. This specialization allows us to <br /> focus our practice to the unique requirements of public finance, without the need to suit <br /> other, unrelated areas of the legal profession. Support staff is comprised of <br /> approximately 20 individuals, who help to assure smooth closings and timely responses <br /> to the requests of our clients. <br /> All of the firm's attomeys and staff are devoted to the single goal of serving <br /> California local govemments in connection with their financing needs. The result of the <br /> concentration in this area is a highly trained and skilled staff directly responsible to its <br /> municipal clients. Every financing receives the highest level of priority by our entire <br /> staff. Our success has been achieved by providing responsive service to all clients, <br /> whether their issues are very large or v�ry small. <br /> 2. Qualifications and Experience <br /> General Jones Hall is one of the most active municipal finance firms in the <br /> country. During the past fifteen years, more local Califomia agencies have used Jones <br /> Hall as bond counsel on their long-term financings than any other law firm, based upon <br /> statistics compiled by the Califomia Debt Investment and Advisory Commission. Jones <br /> Hall was the second-ranked bond counsel firm, the top ranked disclosure counsel firm <br /> and the fourth ranked underwriter's counsel firm in California in calendar year 2003 in <br /> terms of number of issues, according to Thompson Financial. Based on these statistics, <br /> Jones Hall served, in 2003, as bond counsel on 223 financings with an aggregate <br /> principal amount of over $4.5 billion, as disclosure counsel on 94 financings (the next <br /> highest firm served as disclosure counsel on only 41 financings) with an aggregate <br /> principal amount of over $1.8 billion, and as underwriter's counsel on 40 financings with <br /> an aggregate principal amount of over $1.29 billion. <br /> We represent virtually every type of public agency in Califomia, including cities, <br /> special districts, counties, school districts, redevelopment agencies and housing <br /> Attachment 1 C-1 <br />