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2002-08-23 Proposed Right of Way Ordinance Memo
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2002-08-23 Proposed Right of Way Ordinance Memo
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<br />~. <br /> <br />FINANCIAL ADVISORY SERVICE AGREEMENT <br /> <br />BY AND BETWEEN <br /> <br />THE CITY OF CENTERVILLE, MINNESOTA <br /> <br />AND <br /> <br />JURAN & MOODY <br /> <br />This Agreement made and entered into by and between the City of Centerville, Minnesota (hereinafter <br />"City'') and Juran & Moody, a division of Miller Johnson Steichen Kinnard, Incorporated of Minneapolis, <br />Minnesota (hereinafter "JM''). <br /> <br />WITNESSETH <br /> <br />WHEREAS, the City desires to use the services of JM related to the issuance of City debt as described <br />herein ("Debt"), and <br /> <br />WHEREAS, 1M desires to furnish services to the City as hereinafter described, <br /> <br />NOW, THEREFORE, it is agreed by and between the parties as follows: <br /> <br />SERVICES TO BE PROVIDED BY JM <br /> <br />Debt Issuance: <br /> <br />Serve as the City's Financial Advisor for the issuance of Debt For the issuance of the municipal bonds, <br />JM will provide all services necessary to analyze, structure, offer for sale and close the transaction <br />including, but not limited to, the following: <br /> <br />Planning and Development <br /> <br />. Meet with the City officials and others as directed to define the scope and the objectives. <br />. Assemble and analyze relevant statistical infonnation. <br />. Prepare a preliminary feasibility study or discuss with City officials possible funding <br />options and the fiscal implications of each. <br />. Prepare details on the recommended options - information on the issue structure, <br />method of issuance, term, sale timing, call provisions, etc. <br />. Prepare a schedule of events related to the issuance process. <br />. Attend meetings of the City Council and other project and bond issue related meetings as <br />needed and as requested. <br />
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