Res 1979-081 - Laserfiche WebLink

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I I I ./ e. We will submit our written recommendations on the financing. Our plan will include recommendations as to the date of issue, interest payment dates, schedule of principal maturities, options of prior payment, reserve funds, acquisi- tion fund, and any other necessary additional provisions designed to make the issue attractive to investors. All recommendations will be based on our best professional judgment, with the goal of structuring the bond issue so that it can be sold under terms most advantageous to the Corporation, and at the lowest interest cost consistent with all other considerations. f. We will coordinate the preparation of the Official Statement and such other market dOCuments and reports which will be required to effectively market the Bonds. We will submit to you all offering documents, including the Official Statement, for your examination, approval and certification, and will furnish you with a supply of such documents. We shall mail a set of the same to members of the underwriting syndicate to be formed by us (the "Underwriters") and to banks, life, fire and casualty insurance companies, investment counselors and other prospective purchasers of the Bonds. We will arrange for such reports and opinions of recognized consultants which we deem necessary and required in the. successful marketing of the Bonds. g. Subject to your approval, we will organize such information meetings as in our judgment may be necessary, and will arrange for these meetings. h. We will make recommendations to the Corporation on the matter of a credit rating or ratings for the proposed Bonds, and when directed by you, shall coordinate the preparation of such information as in our opinion is required for submission to the rating agency or agencies. In those cases where the advisability of personal presentation of the information to the rating agency or agencies may be indicated, we will arrange for the personal presentation. i. We, as Underwriter, will submit a Bond Purchase Agreement to your Board on behalf of the Underwriters. The Bond Purchase Agreement will specify the aggregate principal amount of the Bonds, the maturities, the interest rates, the underwriting discount and fee and any other terms and conditions which may be necessary to market the Bonds, under the then prevailing market conditions. j. If you approve and accept the Bond Purchase Agreement, we will proceed to coordinate the efforts of all concerned to the end that the Bonds may be delivered and paid for as expeditiously as possible. We shall assist you in the -2-