Specifications include, but are not limited to: 1. Role of the Financial Advisor a. Serve as the City’s consultant on debt financing projects. b. Provide independent financial advice and serve the best interest of the City. c. Manage the bond financing process and negotiate key business points to accomplish the City’s objectives. 2. Services to be Provided The City seeks to utilize the best combination of options available to adequately address the capital needs of the City. The selected Financial Advisor will be required to perform the following: a. Develop a plan of finance and prepare financing schedules for proposed projects. b. Evaluate legal approaches permitting various financing structures and propose financing structures and financing methods to be considered for accomplishing the City’s objectives. This will be done in conjunction with the City’s staff and legal counsel. c. Analyze and report on the advantages and disadvantages of each proposed financing. d. Evaluate the projected cash flow from revenue sources that may constitute security for any obligation incurred. e. Review existing revenue sharing agreements, tax rebate agreements, and debt commitments to determine potential impacts, if any, on the proposed financing and make appropriate recommendations to the City’s financing team. f. Work with bond counsel and financing team in recommending size, structure, specific terms and conditions of a debt issue. Present information regarding methods of sale, including publicly offered and privately negotiated options. g. Assist the City in the selection of the formation of the financing team, including preparing a list of services required of the underwriter, trustee, verification agent, and other professionals, as agreed upon. h. Advise the City’s financing team on areas of industry specific knowledge that affect the financing and marketing of the project’s debt. i. Assist in preparing the text of an official statement as required of the official notice of sale and assist bond counsel with the basic legal documents, so as to make available to a comprehensive list of prospective bidders. j. Prepare credit profiles and assist the City in making presentations to rating agencies and or underwriting agencies. These agencies may require sufficient information to receive the highest possible rating on any securities prior to the sale of such securities. k. Prior to the sale of securities, assist in representing the City at information meetings, if such meetings are necessary or desirable.