Res 2017-151/approving an agreement with Pidworks, LLC for Public Improvement District Formation and Administrative Services in connection with the Whisper Public Improvement District

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EXHIBIT A SERVICES TO BE PROVIDED i• DISTRICT FORMATION SERVICES Billed at PIDWorks' prevailing hourly rates, which are currently as follows: 'PIDWorks' hourly rates may be adjusted from time to time to reflect Increased costs of labor andlor adding/reclassifying titles. ➢ Review of Service and Assessment Plan and Bond Documents • PIDWorks will prepare or review complete and final Service and Assessment Plan to be adopted by City Council and included in the Official Statement for the Bonds. • PIDWorks will ensure bond documents, including the PID financing agreement, bond indenture, and official statement are all consistent with the Service and Assessment Plan. ➢ Participation in Presentations to City Council or other Public Forums • PIDWorks will prepare and present information as requested to the City Council or any other public forum. {� DISTRICT ADMINISTRATION SETUP SERVICES $7,500 One Time Lump Sum Fee (following PID bond issuance) ➢ Prepare District Administration Manual • PIDWorks will review the full bond transcript and identify all requirements of the City relating to District administration and/or disclosure requirements. • Prepare written summary of all City administration and disclosure requirements. • Prepare calendar of all relevant dates and deadlines for District administration and disclosure requirements. • Meet with County Assessor's office to establish procedure for obtaining parcel information for assessment roll. • Meet with County Tax Office to establish procedure to include District assessment roll on property tax bill. • Meet with City representatives to finalize policies and procedures relating to District Administration.