Laserfiche WebLink
�W <br /> 2. Background assumptions, analysis methods and <br /> calculations by the Engineer to develop the <br /> proposed project concepts must be made avail- <br /> able and some additional analysis, <br /> scheduling, and cost estimating may be <br /> required of the Engineers in cooperation with <br /> RMI prior to securing financing. <br /> 3 . Underwriters must provide, in a timely <br /> manner, the applicable interest rates, <br /> reinvestment rates, appropriate maturities <br /> for the short term securities to be sold, and <br /> annual debt service schedules. <br /> 4. Bond counsel and underwriter ' s counsel need <br /> to provide assistance in establishing the <br /> �,. legally allowable costs to be included as <br /> project capital costs, legal limitation on <br /> capitalized interest, terms of the short term <br /> bonds and the flow of funds ( in addition to <br /> preparation of the bond indenture and <br /> Official Statement) based on the proposed <br /> financing approach. <br /> 5 . The City will need to provide available <br /> descriptions of the City demography, audited <br /> financial statements and access to project <br /> files as needed to confirm regulatory status <br /> of the Projects and supporting data. <br /> 6. The City agrees to modify the capacity, plan <br /> and configuration of the Projects, if needed, <br /> (( to prove the Projects feasible for financing, <br /> provided such modification can reasonably be <br /> shown to benefit the City. <br /> -5- <br />