Specifications include, but are not limited to: The City of Scottsdale requires the services of a qualified trustee, transfer agent, paying agent, depository trustee, and registrar for future bond issues. It is expected that the bonds will be issued in fully registered form. The bonds will be issued under book-entry only system as one fully registered bond for each maturity. Interest will be paid semiannually. Required Services include: 1. Perform complete trustee functions for one or more future bond issues. 2. Act as registrar, transfer and paying agent and/or depository trustee as appropriate. 3. Establish and administer various funds as required by bond indentures/covenants and in compliance with federal tax law. 4. Act as disbursement agent for requisitions of project or other costs to meet construction requirements. 5. Monitor reserve funds to ensure amounts required by bond indentures are maintained. 6. Provide online web access to account and investment information transactions, balances, reports, statements, etc.