Agmt13 William Euphrat Municipal Finance, Inc.-Water Revenue Bonds

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i , , Exhibit A Scope of Services In connection with a negotiated sale of bonds in which William Euphrat Municipal Finance, Inc. serves as financial advisor, the firm will: 1. Meet and confer with City staff, consultants and bond counsel to ascertain the scope of the project and the financial objectives of the City; 2. Recommend a plan of finance that will, in our opinion, best achieve City objectives and provide financial analyses in support of our recommendations; 3. Recommend a security structure and relevant marketing features that will achieve the City's objectives and which will, in our opinion, result in the highest compatible rating and associated lowest feasible interest rates; 4. Assist in the selection of the financing team (e.g., bond counsel, disclosure counsel, underwriter, and other necessary financing professionals); 5. Prepare a schedule of events for accomplishing the proposed financing, assign duties to the appropriate parties and manage all details of the financing to assure a successful closing; 6. Prepare and distribute an underwriting Request for Proposals, evaluate the proposals received, assist with the evaluation of proposals, prepare questions for interviewees, and attend underwriter interviews (this is an alternative to a negotiated selection of underwriters); 7. Evaluate all recommendations and proposed financing structures suggested by the underwriter and assist in the negotiation of underwriter fees; 8. Provide suggestions regarding the best financing structure and the best marketing structure and provide advice regarding the suitability of underwriter proposals; 9. Clarify the consequences of any financial decisions requested of staff so that decisions may be made on a fully informed basis; 10. Recommend revisions in the structure or security of the financing proposed by the underwriter that may be in the City's best interests; 11. Review all numerical analyses provided by the underwriter for accuracy, reasonableness of assumptions and consistency with the City's financial objectives; 12. Provide weekly market new-issue activity analyses during the month prior to the anticipated sale date; 13. Prepare memoranda and reports as is necessary on behalf of staff in connection with the financing; 14. Review the credit profile of the financing to assess the credit strength of the issue and determine the marketability of bonds and the suitability of the credit for a bond insurance submission (bond insurance is not necessary for highly rated credits); Agreement over$10K 10 City Attorney Approved Version 012611