The Financial Adviser(s) will be required to perform professional financial advisor services for the District in connection with pre-sale strategic financial analysis, authorization, on-going quantitative analysis, marketing, preparation of offering documents, issuance, sale, and delivery of debt instruments, as well as provide ongoing service after the successful delivery of a debt issue. Among other things, the Financial Adviser(s) will be required to provide professional services and perform the duties normally expected of such firms, which are generally described below. A. Review and analyze debt structures, tax revenue, cash flows and trends, and current and proposed taxing requirements. The analysis will take into account any outstanding obligations which are payable from the net revenues thereof, additional net revenues from any proposed increases and/or additional net revenues as projected by consultant analysis, evaluation, and pro forma cash flows. Based on such financial findings, the Financial Adviser(s) shall devise and recommend for the district’s approval, a plan of financing under terms and conditions most advantageous to the District, consistent with a minimum effective interest rate. B. Assist the District in the selection of financial underwriting firms including the preparation of the request for proposal to provide financial underwriting services, in-depth evaluation of proposals submitted, oral presentations, and selection of the financial underwriting pool and financial underwriting syndicates for specific transactions. C. Assist the District in all aspects of both competitive and negotiated transactions including (as applicable), but not limited to the following: 1. Assist in the preparation of an Official Statement or Prospectus containing official data and other information ordinarily required in bidding on obligations. 2. Advise the District of current bond market conditions, forthcoming bond issues and other general information and economic data which might normally be expected to influence interest rates or bidding conditions, so that the date for the sale of any obligations in the open market can be set at a time which is viewed to be most favorable. 3. Assist the District with the sale and delivery of bonds and/or certificates, or other debt instruments. 4. Assist the District in securing competitive bids for credit enhancement, paying agent/registrar banks, trustee banks, escrow agents, financial printers, and other services renderred from other parties associated with financial transactions. 5. Consult with the District on the matter of bond ratings for the proposed issue and when so instructed, direct the preparation of such information as is required for submission to the bond rating agencies. In the event it is considered advisable by the District for a personal presentation of information to the bond rating agencies, the Financial Adviser(s) will accompany those representing the District before such bond rating agencies. 6. Assist the District in the compilation and preparation of information, as needed, for submission to the Texas Education Agency/municipal bond insurance companies for consideration to qualify the proposed issue for either the Permanent School Fund Guarantee Program or municipal bond insurance. 7. Assist the District in planning and coordination of other miscellaneous activities in connection with the issuance of debt as necessary. 8. Assist the District with the Commercial Paper Program (including remarketing agent contract renewals.)
