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Agenda - Council - 08/23/1983
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Agenda - Council - 08/23/1983
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4/15/2025 12:00:41 PM
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4/21/2004 9:42:15 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
08/23/1983
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I <br />II <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> <br />In conjunction with the above, consult with the <br />Client and advise Bond Counsel concerning necessary <br />covenants, and advise on advantageous features such <br />as parity provisions, reserve requirements, sinking <br />fund payments, and redemption provisions. <br /> <br />b. Advise on the timing of the bond sale, taking <br />into consideration such factors as changing economic <br />conditions, current and projected market trends, and <br />convenience to the Client. <br /> <br />c. Coordinate with Bond Counsel the preparation of <br />amendments and distribute the necessary contracts, <br />authorizing resolutions and other documents involved <br />in the sale. <br /> <br />d. Prepare an Official Statement on behalf of the <br />Client and with the cooperation of the Client. <br />Advise the Client on full disclosure requirements and <br />conformance to suggested guidelines. Coordinate <br />review and revision with Client staff and Bond <br />Counsel. The Official Statement shall be subject to <br />final review by the Client. <br /> <br />e. Assist in publicizing the issue with an Official <br />Statement, Notice of Sale, bid forms, and such other <br />means necessary and advisable to develop nationwide <br />public and institutional interest. The Official <br />Statement will be distributed to potential investors <br />and purchasers of the jurisdiction's securities <br />across the nation. Those lead underwriters who are <br />most likely to be syndicate managers will be <br />personally contacted. <br /> <br />f. Advertise the bond sale in nationally prominent <br />financial publications in addition to coordinating <br />local publication requirements. <br /> <br />g. Conduct informational meetings with the <br />investment community including investment bankers <br />(dealers and dealer banks) and institutional <br />investors (banks, bank holding companies, and <br />insurance companies) to establish bidding interest on <br />this offering. <br /> <br />h. Prepare a timetable of events leading to the sale <br />and delivery of an offering. <br /> <br />i. Attend the bid opening to assist with the <br />evaluation of bids, and advise on the acceptability <br />of the best bid. <br /> <br />-3- <br /> <br /> <br />
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