Contracts & Agreements_32-1971 - Laserfiche WebLink

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1. Assemble, review and analyze available data and information which may have a bearing on a program for financing construc- tion of the proposed public improvements. 2. Based on the foregoing analysis, prepare and submit to City at Consultant's expense a written report containing, in addition to other information, the following: (a) A general review and description of the proposed improve- ments, their purpose and benefits, their estimated capital and annual maintenance and operation costs and other pertinent information based primarily on data and information supplied by City and its engineers. (b) A discussion as to applicable methods of financing such improvements, the advantages and disadvantages of each method and the general financing requirements or restrictions ap- plicable to each method. (c) A discussion as to available sources of revenues which might be used to amortize the indebtedness to be incurred for the capital costs of the improvements and to pay their annual maintenance and operation costs, their sufficiencies and recom- mendations as to alterations that appear to be desirable. (d) Recommendations as to a specific method of financing or alternates thereto if applicable, including tentative debt amortization schedules, estimated interest rates, application of revenues and other pertinent details relating to the indebted- ness to be incurred. (e) Illustrations and examples of the financial effects of the fi- nancing program on typical property owners, taxpayers or beneficiaries of the improvements. (f) Recommendations as to further procedural steps to be taken and timing of actions. 3. Provide financing information and data which may be required in con- nection with any aids or grants which may be available to assist in the financing of the proposed public improvement project. Provide as- sistance in evaluating the financial and implementation aspects of State Water Resources Control Board Bulletin of July 1971 and the Revenue Program Guidelines of August 1971 regarding revenue flows and cash availability requirements. 4. If the issuance of bonds or other evidences of indebtedness to fi- nance all or part of the costs of the proposed improvements is authorized at an election or otherwise, recommend to City the exact terms and conditions under which bonds are to be issued and sold, including timing and method of sale, final amortization or repayment schedules, call -2-