Specifications include, but are not limited to: The City of Madison Finance Department (“City”) is soliciting Proposals from qualified vendors for Financial Advisory Services. The Financial Advisor will assist the City in the analysis, structure, issuance and management of debt. The Financial Advisor may also be called upon to provide other financial advisory services. The City will not allow the Financial Advisor to resign and serve as underwriter. 1. Make recommendations to the City for structuring proposed debt issues that consider all relevant factors, such as current indebtedness, available revenue support, anticipated market response and statutory constraints. The recommendations should include a discussion of the term of the debt, amortization schedule, amount of any discount or premium, call provision and credit enhancement. 2. Assist the City in evaluating alternative mechanisms for financing capital improvements and/or economic development projects. 3. Prepare a calendar of events for the issuance of debt instruments. 4. Develop and prepare the preliminary official statement, an official bid form and the final official statement. 5. Prepare and publish an official notice of sale. 6. Assist the City in developing and maintaining strategies that promote the best possible bond rating. Travel to the offices of Moody’s Investors Service to assist the City in rating presentations if necessary. 7. Coordinate the debt issuance process with bond counsel and other participants. 8. Market the debt issue to solicit the maximum number of bids. 9. Act as the agent of the City to accept telephone, written, and electronic bids for each debt issue. 10. Evaluate, verify and make recommendations to the City regarding acceptance or rejection of bids including being available to answer questions raised by City staff, the Finance Committee and the Common Council. 11. Attend meetings, if requested, of both the Finance Committee and the Common Council on the date of each bond sale. 12. Coordinate the steps required to close the debt issue and deliver funds to the City, including, where necessary, the printing of bonds, preparation of closing documents and selection of registrar/paying agent.