Specifications include, but are not limited to: • Develop and recommend financing structures to the Authority and its municipal advisor for each bond issue to meet program and financial goals given current and projected market conditions. • Provide weekly scales to the Authority and its municipal adviser during the analysis and preparation of bond structures. • Provide cost effective financing that would include a structure that achieves lowest costs while limiting risk and providing flexibility to the Authority; • Provide advice on the terms and structure of bonds; • Review and/or assist in the preparation of bond documents and program documents used in connection with the single family and multifamily programs (including but not limited to resolutions, tax documents, closing documents, official statements, etc.); • Manage the process of marketing and selling bonds to a diversified set of investors; • Provide on-going analysis of market conditions leading up to each sale; • Provide price views from the underwriting team, the consensus scale and recommended preliminary wire to be approved by the Authority; • Prepare a final pricing book after each bond sale that includes a summary of the bond sale including pricing wires; sources and uses summary; underwriters spread detail; comparison of interest rates, yields and spreads to recent comparable issues; list of investors who purchased Authority bonds; underwriter team orders and allotments by Iowa retail, national retail, institutional and member; • Commit capital as required to underwrite the Authority’s bond issues; • Provide support for the Authority’s bonds in the secondary market; • Work with rating agencies in connection with each bond issue as necessary;
