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2018-293
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2018-293
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Last modified
1/4/2021 3:15:58 PM
Creation date
12/27/2018 4:07:14 PM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
12/18/2018
Control Number
2018-293
Agenda Item Number
8.S.
Entity Name
Masterson Advisors
Subject
Municipal Advisory Agreement
Area
Financial Advisory Services
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Section 2. Other Available Services. In addition to the services set forth and <br />described in Section I herein above, Masterson agrees to make available to Issuer the <br />following services, when so requested by the Issuer and subject to the agreement by <br />Issuer and Masterson regarding the compensation, if any, to be paid for such <br />services, it being understood and agreed that the services set forth in this Section II <br />shall require further agreement as to the compensation to be received by Masterson <br />for such services: <br />A. Exercising Calls and Refunding. Provide advice and assistance with regard to <br />exercising any call and/or refunding of any outstanding Debt Instruments. <br />B. Capital Improvements Programs. Provide advice and assistance in the <br />development of any capital improvements programs of the Issuer. <br />C. Long -Range Planning. Provide advice and assistance in the development of <br />other long-range financing plans of the Issuer. <br />D. Post -Sale Services. Subsequent to the sale and delivery of Debt Instruments, <br />review the transaction and transaction documentation with legal counsel for the <br />Issuer, Bond Counsel, auditors and other experts and consultants retained by the <br />Issuer and assist in developing appropriate responses to legal processes, audit <br />procedures, inquiries, internal reviews and similar matters. <br />Section 3. Term of Agreement. This Agreement shall become effective as of December <br />18, 2018 and, unless sooner terminated by either party pursuant to the terms of this <br />Agreement, shall remain in effect thereafter for a period of five (5) years from such date. <br />Unless Masterson or the Issuer shall notify the other party in writing at least forty-five (45) <br />days in advance of the applicable anniversary date that this Agreement will not be <br />renewed, this Agreement will be automatically renewed on the fifth anniversary of the <br />date hereof for an additional one (1) year period, and thereafter will be automatically <br />renewed on each anniversary date for successive one (1) year periods, for a maximum <br />term, including all renewals, of ten (10) years. <br />Section 4. Termination, This Agreement may be terminated with or without cause by <br />the Issuer or Masterson upon the giving of at least forty-five (45) days prior written notice <br />to the other party of its intention to terminate, specifying in such notice the effective date <br />of such termination. In the event of such termination, it is understood and agreed that <br />only the amounts due Masterson for services provided and expenses incurred to the date <br />of termination will be due and payable. No penalty will be assessed for termination of this <br />Agreement <br />TERMINIATION IN REGARDS TO F.S. 287.135: Contractor certifies that it and those <br />related entities of respondent as defined by Florida law are not on the Scrutinized <br />Companies that Boycott Israel List, created pursuant to s. 215.4725 of the Florida <br />Statutes, and are not engaged in a boycott of Israel. In addition, if this agreement is for <br />goods or services of one million dollars or more, Contractor certifies that it and those <br />C <br />
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