Services to be Provided: 1. Develop a plan of finance and prepare financing schedules. 2. Evaluate legal approaches permitting various financing structures and propose financing methods, with emphasis on innovation, to be considered for accomplishing the Board's objectives. This will be done in conjunction with the Board's staff and legal counsel. 3. Review legal documents. 4. Analyze and report onthe advantages and disadvantages of each proposed financing. 5. Evaluate the projected cash flow from any revenue sources. 6. Work with the Board's bond counsel and financing team in recommending size structure, specific terms and conditions of a debt issue. Present information regarding methods of sale, including publicly offered and privately negotiated options. 7. Assist the Board in selection of formation of financing team, including preparing a list of services required of underwriter, trustee, verification against and other professionals, as agreed upon. 8. Advise the Board's financing team on areas of industry specific knowledge that affects the financing and marketing of the project's debt. 9. Coordinate applications to the Local Finance Board and communication with the Departmentof Community Affairs. 10. Assist bond counsel in preparing the text of an official statement as required. Official statements will include a description of the securities, the project and pertinent financial and economic data. In the preparation of such an official statement, assist the Board in ascertaining material facts such an official statement, assist the Board in ascertaining material facts and circumstances regarding the project. The official statement will be printed and mailed, together with copies of the official notice of sale and basic legal documents, to a comprehensive list of prospective bidders. 11. Prepare credit profiles to assist Board in making presentations to bond insurance companies and/or rating agencies. Ensure that these agencies are given sufficient information to receive the highest possible rating on any securities prior to the sale of such securities. 12. Prior to the sale of securities, assist in representing the Board at information meetings if such meetings are necessary or desirable.
