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Municipal Advisory Service Agreement <br />2 <br />service payments, projected revenues, method of issuance, bond rating, sale timing, and call <br />provisions. <br />4. Prepare a schedule of events related to the issuance process. <br />5. Coordinate with bond counsel any actions needed to authorize the issuance of the Debt. <br />6. Attend meetings of the Client and other project and bond issue related meetings as needed and as <br />requested. <br />Bond Sale <br />1. Assist the Client with the preparation, review and approval of the preliminary official statement <br />(POS). <br />2. Assist the Client and bond counsel with preparing and publishing the Official Notice of Sale if <br />required by law. <br />3. Prepare and submit application for bond rating(s) and assist the Client with furnishing the rating <br />agency(s) with any additional information required to conduct the rating review. Assist the Client <br />with preparing and conducting the rating call or other presentation. <br />4. Assist the Client in receiving the bids, compute the accuracy of the bids received, and recommend <br />to the Client the most favorable bid for award. <br />5. Coordinate with bond counsel the preparation of required contracts and resolutions. <br />Post-Sale Support <br />1. Assist the Client with the preparation of final official statement, distribution to the underwriter <br />and posting on EMMA. <br />2. Coordinate the bond issue closing, including making all arrangements for bond printing, <br />registration, and delivery. <br />3. Furnish to the Client a complete transcript of the transaction, if not provided by bond counsel. <br />There are no specific limitations on the scope of this agreement. <br />COMPENSATION <br />For providing these services with respect to the Debt, Northland shall be paid a lump sum of <br />$31,388.50. The fee due to Northland shall be payable by the Client upon the closing of the Bonds. <br />Northland agrees to pay the following expenses from its fee: <br />• Out-of-pocket expenses such as travel, long distance phone, and copy costs. <br />• Production and distribution of material to rating agencies and/or bond insurance companies. <br />• Preparation of the bond transcript. <br />The Client agrees to pay for all other expenses related to the processing of the bond issue(s) including, <br />but not limited to, the following: <br />• Engineering and/or architectural fees. <br />• Publication of legal notices. <br />• Bond counsel and local attorney fees. <br />• Fees for various debt certificates. <br />• The cost of printing Official Statements, if any. <br />• Client staff expenses. <br />• Airfare and lodging expenses of one Northland official and Client officials when and if traveling <br />for rating agency presentations. <br />• Rating agency fees, if any.