Specifications include, but are not limited to: The following is a general list of services to be provided by Bond Counsel. It is not intended to be allinclusive as unanticipated situations may require additional assistance. A. The Bond Counsel shall provide counsel to the City on all legal matters pertaining to short-term financing and/or the issuance of the limited tax obligation bonds. B. Bond Counsel shall prepare all required legal documents until the short-term financing issues and are closed. C. Bond Counsel shall prepare all required legal documents until the limited tax general obligation bond issue(s) are closed, including, but not limited to, development with the Attorney of an Ordinance or Ordinances to be referred to the citizens for approval. D. Bond Counsel shall consult with City representatives regarding structuring of the short-term financing and bond issue(s), timing and method(s) of sale, and other matters that could be economically beneficial to the City. E. In the event of a public sale, Bond Counsel shall serve in a joint effort with the City to prepare the Notice of Sale, Official Statement, and other required documents to market the bonds, and to contract with service providers for printing and delivery of bonds. F. In the event of a negotiated sale, Bond Counsel shall prepare agreed upon documentation and coordinate with the underwriter’s counsel, if any. Related expenses will be borne by the City. G. Bond Counsel shall accept responsibility for meeting the required publication deadlines. H. Bond Counsel shall issue an opinion concerning matters relating to the financing as agreed upon with the City. I. Bond Counsel shall provide any materials needed, such as a proposed engagement letter, and attend all City of Little Rock Board of Director meetings as required. J. Bond Counsel shall provide any material needed for bond rating agency hearings and attend meetings as required. K. Bond Counsel shall provide assistance as needed in selection of a registrar and paying agent, and preparation of any documents required by the registrar. L. Bond Counsel shall participate with the City in any litigation against the short-term financing and bond issue(s) to the extent determined to be necessary upon the advice of the Little Rock City Attorney. M. Bond Counsel shall work closely with the Underwriter(s) and City staff to evaluate various funding options which best meet the needs of the City and affect the issuance of the bonds in a cost-effective manner.
