The Township seeks an Independent Financial Advisor to assist the Township in planning and developing the most economically beneficial and efficient financing strategy for “Township Projects” ("the Project"). It is anticipated that the Financial Advisor will coordinate the financing process through the execution of the financing and provide any necessary follow-up reporting and analysis after the completion of the transaction. It is expected that the Financial advisor will identify and analyze the best available options to finance the project based on cost-benefit and market analysis. It is further expected that the Financial Advisor will provide a range of financial or credit products to accomplish the Township's goals. It is anticipated that the Advisor will be expected to do any or all of the following: 1. set forth the timetable and responsibilities. 2. Coordinate the financing Advise as to the most appropriate credit strategy to complete the project. Advise as to the structure of each financing including, but not limited to, amortization, type of debt, credit enhancements to be considered and recommend a plan of financing that will result in the issuance of obligations under terms most advantageous to the Township; 3. Assist in the preparation of important financing documents; 4. Where official statements are required, the advisor will coordinate with the township to meet investors, insurers and other required professionals needs; 5. Provide a clear and concise presentation to the Municipal officials and the general public where necessary of the finance options available, and make recommendations which are in the Township's best interest; 6. Review terms, conditions and structure of any proposed offerings undertaken, provide suggestions and modifications where appropriate; 7. Advise township in regard to most appropriate and advantageous method of financing project; 8. Advise on the market timing for the transaction. Prepare time schedules and distribution lists for transactions as requested. 9. Review and assist in the development of all documents relevant to the completion of a successful transaction including, but not limited to, necessary bond resolutions, trust indentures, bond agreements, loan agreements, lease agreements, broker-dealer agreements, preliminary and final official statements. 10. Attend all pre-closings and review and comment on all closing documents. 11. For competitively bid bond issues or leases verify all bids, coordinate necessary documents for bid, identify the winning bidder, and prepare final debt service schedules. 12. Provide alternative repayment options based upon analysis of the Township's current and projected debt service. 13. Develop comprehensive tax impact analysis based on debtservice (current and future), debt service aid, changes in the operating budget resulting from the proposed financing of the project. 14. Attending meetings with Municipal officials, and or finance department staff and management, with regard to the financing of the project.
