Bond Counsel Services

The Vendor is required to provide bond counsel services to aid with the planning, preparation, and potential issuance of one (1) or more short-term financing instruments for tangible personal property authorized
- This engagement must last until the full amount of the authorized bonds have been issued.
- Bond Counsel shall prepare all required legal documents until the financing issues are closed.
- Bond Counsel shall consult with City representatives regarding structuring of the financing and bond issue(s), timing and method(s) of sale, and other matters that could be economically beneficial to the City.
- In the event of a negotiated sale, Bond Counsel shall prepare agreed upon documentation and coordinate with the underwriter’s counsel, if any. Related expenses will be borne by the City.
- Bond Counsel shall accept responsibility for meeting the required publication deadlines.
- Bond Counsel shall issue an opinion concerning matters relating to the financing as agreed upon with the City.
- Bond Counsel shall provide any material needed for bond rating agency hearings and attend meetings as required.
- The Bond Counsel shall provide counsel to the City on all legal matters pertaining to short-term financing, long-term financing, and/or the issuance of the municipal bonds.
- Bond Counsel shall aid as needed in the selection of a registrar and paying agent, and preparation of any documents required by the registrar.
- Bond Counsel shall participate with the City in any litigation against the short- and or long-term financing and bond issue(s) to the extent determined to be necessary upon the advice of the City Attorney.
- Bond Counsel shall work closely with the Underwriter(s) and City staff to evaluate various funding options which best meet the needs of the City and affect the issuance of the bonds in a cost-effective manner.