The City is soliciting proposals and statements of qualifications from interested qualified professionals to provide the following services: assist in obtaining loan and/or loan forgiveness funding and to provide legal opinion with respect to validity of any Obligations issued by the City for capital financing or refinancing; preparation of ordinances, orders and/or resolutions authorizing and securing the Obligations (the “Ordinance”) and/or authorizing any principal forgiveness agreements as necessary. This solicitation is intended to cover any financial assistance received by the City from the TWDB for a period of three years following the date of award of any contracts pursuant hereto, including, but not limited to, financial assistance from the Drinking Water State Revolving Fund, Clean Water State Revolving Fund, Development Fund, Rural Water Assistance Fund, Flood Infrastructure Fund, EDAP, or any other financial assistance program administered by the TWDB during said three-year period. The City reserves the right to accept or reject any or all proposals for any reason it finds to be in the best interests of the City. The services to be provided by the Bond Counsel shall include the following duties, as necessary: • Assist in preparing legal documents in connection with the Obligations and/or loan forgiveness funding. • Render an objective legal opinion with respect to validity of any Obligations issued by the City. • Examine applicable law. • Prepare the Ordinance and other documents necessary to authorize any Obligations and/or principal forgiveness agreements with the TWDB. • Consult with the parties to the transaction prior to the issuance of Obligations or entry into principal forgiveness agreements. • Secure TWDB and Texas Attorney General approval of any Obligations and the registration of the Obligations by the Comptroller of Public Accounts of the State of Texas. • Review certified proceedings. • Undertake such additional duties as deemed necessary to render the opinion with respect to each issue of Obligations.
