The vendor is required to provide the Financial Advisor capital financing and provide assistance with possible loan, grant or disadvantaged funding through the agency.
- Services Include
• Direction and coordination of all programs of financing, specifically including preparation and coordination of filing an application with the agency for loan or grant assistance.
• Advise the city of current bond market conditions.
• Recommend method of sale of debt instruments.
• Advise publications of forthcoming sales.
• Arrange for reports of independent consultants.
• Recommend as to the advisability of obtaining credit ratings and coordinate preparation and submission of information to the rating agency.
• Coordinate, prepare, and submit required information to recognized bond insurance companies for insurance qualification, including for an agency loan.
• Coordinate efforts for delivery of debt instruments and preparation and verification of closing figures.
• Maintain liaison with bond counsel in preparation of all legal documents.
• Counsel in selection of paying agent/registrar.
• draft disclosure documents.
• Provide the schedule of annual debt obligations on debt instruments.
• Attend meetings as requested.
• Advise on changes to federal and state laws and regulations.
• Advice on investment of funds as requested.
• Advise and assist in exercising any call and/or refunding.
• Advise and assist in the development of long-range financing plan.
• Provide all financing planning services as requested.
• Testify in litigation as requested.
• Make recommendations on matters of credit enhancement.
- Contract Period/Term: 3 years
- Questions/Inquires Deadline: March 12, 2025