A. For Bond Transactions, Bond Counsel will, if assigned: (1) Prepare all resolutions, agreements, and other instruments pursuant to which bonds will be authorized, secured, sold, and delivered in consultation with TWDB, Financial Advisor, Underwriters and their counsel, and the officials, staff, and other consultants of TWDB; (2) Represent TWDB in the preparation of any contract that provides for the sale of bonds, ensuring that all participants, including underwriters and investment banking firm(s) retained by or contracting with TWDB, disclose all conflicts of interest to and with TWDB and any parties involved in the bonds; (3) Request and obtain approval of bond issuances from the Attorney General of Texas, and obtain the registration of the bonds by the Comptroller of Public Accounts of the State of Texas; (4) Assist in making presentations and required submissions and obtaining approval of the Bond Review Board, the Legislative Budget Board, and any other State entity with supervisory powers over the issuance of bonds by TWDB, as requested; (5) Attend meetings of the TWDB board, Bond Review Board, legislative committees, or other meetings to the extent required or requested; (6) Attend documents sessions as requested; (7) Assist TWDB by reviewing presentations to prospective bond purchasers to the extent needed or requested; (8) Render a legal opinion concerning the validity and binding nature of the bonds under Texas law, the tax-exempt status of the interest thereon under federal income tax laws, and the status and nature of the security for the bonds; (9) Review proposed bond issues for compliance with federal tax law, and review any IRS filings required by federal tax law; (10) Render such other written opinions of Bond Counsel pertaining to investment earnings and any amounts required to be rebated to the United States as excess arbitrage earnings, if any; and any other written opinions of counsel which may be required under the terms of the Bond Resolution or under the Internal Revenue Code, as amended;
