General Bond and Co Bond Counsel Services

The Vendor is required to provide to advice, counsel and represent the legal interests of the authority for debt transactions and other financial matters affecting the authority.
- General Bond Counsel
•    Provide advice and counsel concerning changes in federal, state, and local tax laws, and changes in regulations issued pursuant to such laws, affecting or having the potential to affect the power of the authority to issue obligations, the status of previously issued authority tax-exempt obligations or having an impact upon the outstanding or proposed bonds or notes of the authority.
•    Provide advice and counsel concerning changes in federal or state law relating to the power and the manner in which the authority issues obligations or the purposes for which such obligations may be issued or affecting the expenditure of the proceeds of such obligations.
•    Provide advice, counsel and, if necessary, litigation services relating to the resolution of issues arising with respect to the authority’s power to issue obligations and the various bond and note resolutions adopted or proposed to be adopted by the authority, the authority’s obligations there under, and the power of the authority to use revenues to pay operating expenses and to pay debt service on authority obligations.
•    Provide advice and counsel concerning the duties, rights, obligations, limitations and liabilities of the authority and its board members, officers or employees under the terms of the several bond resolutions heretofore or hereafter adopted by the authority.
•    Provide advice and counsel concerning application and interpretation of the terms and conditions of prior bond issuances by the authority and the authority’s obligations thereunder including, but not limited to, arbitrage and use-of-bond-proceeds requirements, and the drafting of documents relating to such prior issuances deemed necessary or desirable by the authority.
•    Provide advice and counsel relating to the powers of the authority or any matter affecting such powers concerning imposition, increase or modification of tolls or other charges imposed by the authority and other revenue generating activities of the authority.
•    Prepare and deliver all necessary documents and opinions for use in the sale of bonds, including closing documents in a timely manner which reserves for the authority the opportunity to review and comment upon such documents and opinions.
•    Timely review of all documents prepared by underwriters and their counsel, financial advisors and all other parties to the sale of bonds, notes or other obligations.
•    Cooperate fully with co-bond counsel, the authority’s staff and its advisors in the preparation of any documents and the performance of any other work related to the legal representation of the authority.
•    Review and/or draft federal, state or local legislation related to the financial obligations or practices of the authority, or such other matters as might affect the authority.
- Co-Bond Counsel
•    Assist in the preparation and delivery of all necessary documents for use in the sale of bonds, including closing documents and bound transcripts in a timely manner, which reserves for the authority the opportunity to review and comment upon these documents and opinions.
•    Assist in the timely review of all documents prepared for sale of the bonds.
•    Assist the authority in preparing requisite resolutions, a preliminary official statement and an official statement for the sale of the bonds.
•    Cooperate fully with general bond counsel, the authority’s staff and its advisors in the preparation of any documents and the performance of any other work related to the issuance and/or payment of such bonds by the authority.
•    Render any opinions as necessary for the sale of the bonds.
•    Perform such other services as co-bond counsel in connection with the sale and/or payment of bonds as the authority may request, including, but not limited to services related to any legal challenge to such issuance and any other ongoing support for such issuance.

- Contract Period/Term: 2 years
- Questions/Inquires Deadline: December 4, 2025