(1) Vendor needs to provide bond and tax counsel services to the government authority located in Kalispell, MT. – Provide bond or tax counsel services will be required to perform all services and duties customarily and usually performed by bond or tax counsel preliminary to and accompanying the rendering of an approving opinion as to the legality and tax–exempt status of, and the sale of, city revenue bonds or other debt instruments.– Review the financing programs and funds proposed from time to time by city staff and its financial advisor and provide advice as to compliance of the program with applicable law, pending or proposed revisions in the law.• Services relative to primary debt offerings:A. Serve as a member of the city’s financing team and attend meetings and participate in conference calls of the city and its committees, when so requested;B. Advise as to procedures, required approvals and filings, schedule of events for timely issuance, and other legal matters relative to capital projects, and the issuance of the bonds or other debt instruments, whether the financing is undertaken by competitive bid or negotiated sale.C. Prepare an appropriate resolution and any amendments thereto in order to authorize the issuance of the bonds or other debt instruments.– Review or prepare, as directed by the city, all pleadings for filing in the validation proceedings, if any.– Review the transcript of all proceedings in connection with the foregoing and indicate any necessary corrective action.– Advise the city with respect to matters concerning capital projects, its outstanding senior lien bonds, subordinate debt, other parity indebtedness, and any other financial matters related to the issuance of debt or investments of debt proceeds that may be requested by the city.– Provide assistance with the interpretation of, and preparation of amendments to, the bond resolution as required.– Advise the financing team as to tax matters relative to issuance of debt instruments and determination of tax status of project.– Assist the district in complying with applicable federal and state tax laws and regulations.– Provide general advice and consultation to the city and its financing team related to tax issues.– Educate city staff on applicable tax regulations associated with their debt offerings and assist in establishing guidelines and procedures for monitoring the use of proceeds to comply with all tax regulations.– Proactively advise the city about required filings and other compliance issues, and changes or proposed changes in applicable law and regulations.– Perform such other services related to the foregoing as may be requested by the city from time to time.
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