General Information The Municipalities recognize the value of a Municipal Advisor who is readily available on short notice; therefore, all other things being equal, the Municipalities will give greater consideration to a municipal advisor residing in or doing substantial municipal advisor related business within the State of Minnesota, Minneapolis-St. Paul metro area. The Municipal Financial Advisor must: 1. Be registered with the Minnesota Department of Commerce. 2. Possess and keep in force all licenses and permits required to perform the services of this Agreement. 3. Comply with the Municipal Securities Rulemaking Board (MSRB) Rule G-37 which governs political contributions and prohibitions on municipal securities business. 4. Be precluded from performing any broker/underwriting services associated with any debt issued by a Municipality during the term of this agreement to ensure independence in the municipal advisor. 5. Have systems in place to ensure proper separations between any broker/underwriting services associated with any debt issued by a Municipality during the term of the agreement to ensure independence in the municipal advisor services to the Municipalities. 6. Be aware that Baker Tilly, Ehlers and PFM are the City’s and HRA’s municipal advisor under the current agreement for municipal advisor related services. As listed below, they will be expected to continue to provide municipal advisor related services for these projects commenced during the term of the current agreement until the project has been concluded.
