Res-2019-192 PSA PFM Financial - Laserfiche WebLink

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• Review the terrns, conditions and structure of any proposed debt offering undertaken by the Client and provide suggestions, modifications and enhancements where ap propriote and necessary to reflect the constraints or current financial policy and fisc :il c:ip nb ility. • Coordim1te \\rj th C li enr's stnff :'Ind other ;i dvlsocs ns respec ts · the fuaush ing of d ata for o ffering docu m ents, i bein g speci6c:il ly un derstood thal Pl· f is n or .1:c~po nsible for th e .in clu sio n or omissio n of any ma teria l in pu blis hed o fferi ng dc:u mc n ts. • As applicable, advise the Client on the condition of the bond market at the time of sale, including volume, timing considerations, competing offerings, and general economic considerations. • Assist and advise the Client in negotiations with investment banking groups regarding fees, pricing of the bonds and final terms of any security offering, and make recommendations regarding a proposed offering to obtain the most favorable financial terms based on existing market conditions. • Arrange for the closing of the transaction including, but not liinited , to bond printing, signing and final delivery of the bonds. • For any competitive sale of bonds or notes, prepare official notice of sale, recommend sale pan1meters, tnke s te ps necessary to ensure broad market exp osure o f th e is sue, throllg h the use o f n ewswire services and official statcmcnr disccibutio n, and perform additional steps necessary and customary for competitive bond sales. • Review (or upon request, prepare, for an additional fee set forth in Section IV above) Preliminary Official Statements and final Official Statements prepared on behalf of the Client for use in marketing any bonds and meeting regulatory requirements. 2. Services related to the Financial Planning and Policy Development which may be subject to hourly fees as set forth in Exhibit B, Section 2, upon request of the Client: • Assist the Client in the fonnulation of Financial and Debt Policies and Administrative Procedures . • Review current debt structure, identifying strengths and weaknesses of structure so that future debt is s u es can be desi gn ed to maximize abili ty ro fin ance future capital needs . This will include, but not be limited to, revi ewi ng ~sting d e bt for the possibility of refunding that debt to provide the Client with s:ivings . • Analyze future debt capacity to determine the Client's ability to raise future debt capital. • Assist the Client in the development of the Client's Capital Improvement Program by identifying sources of capital funding. 7