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2012-052 RES APPROVING PROPOSAL WITH SW SECURITIES FOR FINANCIAL ADVISORY SERVICES ASSOCIATED WITH CITY'S APPLICATION TO TX WATER DEVELOPMENT BOARD FOR DRINKING WATER STATE REVOLVING FUND LOAN
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2012-052 RES APPROVING PROPOSAL WITH SW SECURITIES FOR FINANCIAL ADVISORY SERVICES ASSOCIATED WITH CITY'S APPLICATION TO TX WATER DEVELOPMENT BOARD FOR DRINKING WATER STATE REVOLVING FUND LOAN
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8/21/2012 10:49:55 AM
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5/29/2012 2:05:52 PM
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~~RVfCES PROVIDED A~S PART STA~~~~~ <br />~INANC(AL ADViSCZRY CONTR4CT <br />Southwest Securities provides the most comprehensive scope of services as financial advisors to Texas cities. As <br />discussed throughout this document, the services include a high level of experience and expertise on the financings. <br />Listed below is a buflet point summary of reoccurring services we provide to ensure the success of the financing <br />program. <br />* Review Financial Goals of the City <br />o Prepare Tax Rate Impact Analysis <br />* Prepare Revenue Coverage Analysis <br />* Analyze Debt Structure Alternatives <br />I Analyze Debt Capacity <br />~ Analyze Valuation Parameters <br />~ Discuss Financing Alternatives <br />1* Provide Interest Rate Market Analysis <br />6 Prepare a Plan of Finance <br />Q Consult on Sale Timing <br />s Consult on Call Provisions <br />c Select the Most Qualified Service Providers (bond counsel, printer, etc.) <br />~ Negotiate Best Fees for the City <br />c Prepare the Notice of Sale and <br />el Prepare the Official Statement <br />c Provide for the Bidding Process <br />0 Provide Access to Internet Bidding <br />a Ensure Competitive Bidding Process <br />it Ensure Widespread Notification of Upcoming Sale <br />c Represent City's Interest in Establishing Sale Structure <br />c Coordinating Sale information with Investment Community <br />0 Consult on Appropriateness of Bids <br />4; Provide Market Comparisons to City's Bid <br />a Represent the City's Interest in Negotiated Sales <br />a Represent City in the Credit Rating Process <br />6 Develop Plan to Attain Credit Rating Goais <br />4 Prepare Credit Rating Materials on Behalf of City <br />6 Prepare Bond Closing IVlemorandum <br />e Provide Multi-Year Analysis <br />c Assist with Continuing Disclosure Requirements <br />a, Consult on Arbitrage Rebate <br />c Consuit on Investment Strategy <br />Consult on investmenf Alternatives <br />@- Provide Comparative Interest Rates on Investments <br />e Consult on Economic Development Initiatives (TIFs, Freeport, etc.) <br />rv Consult on Refinancing Potential <br />~OUTHtilEST SECUR9Y'dES <br />
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