Bond Counsel Services

The Vendor is required to provide to serve as bond counsel for the town to advice in relation to the issuance of its general obligation bonds and other debt obligations.
- Provide to furnish legal services to the Town, including but not limited to, consultation, advice, and document drafting relating to tax-exempt financing and the rendering of legal opinions for bond-related issues that arise.
- Required to render advice to the Town for projects under consideration that may or may not result in the issuance of bonds.
- Required to assist the Town in all matters relating to the issuance of tax-exempt and taxable general obligation bonds and other methods of financing public projects, including, but not limited to, tax anticipation notes, bond anticipation notes and revenue anticipation notes.
- Services include:
• Legal advice related to capital financing for specific capital projects;
• Drafting of town board resolutions related to bonding and capital projects;
• Drafting, advice and general support related to the issuance of bonds including but not limited to official statements and project specific legislation; and
• Verification of the town’s outstanding authorized and unissued amounts prior to the finalization of the issuances.
• Following the issuances, the firm must provide a tax questionnaire in which the town would provide responses for their review to confirm compliance with all applicable laws.
• General advisory services including but not limited to local finance law, previously authorized bond resolutions and capital plan project descriptions.
• Provide assistance to town officials in the execution of closing documents.
• As part of the town’s preparation of its capital plan, counsel shall review the proposed listing of bond resolutions and advise the town on the local finance law section and PPU for the proposed projects, and which of the projects can and cannot be grouped together in each proposed bond resolution.
• Upon the request of town officials, assist commissioner operated special districts with financing from sources such as EFC and DASNY, at the option and expense of the special district.
- Contract Period/Term: 6 years
- Questions/Inquires Deadline: July 31, 2025