Bond Counsel Services

Project: Bond Counsel Services Ref. #: P23-0078 Type: RFP Status: Open Open Date: Jun 1st 2023, 6:00 PM MST Questions Due Date: Jun 20th 2023, 12:00 PM MST Contact Information: Drew Ashmun, drew.ashmun@peoriaaz.gov Close Date: Jun 22nd 2023, 5:00 PM MST Days Left: < 1 Project Description:The City of Peoria is looking for a qualified firm to provide bond counsel services. Bond Counsel will be expected to provide complete legal representation on all issues of state and federal law, including taxation, with respect to the issuance of General Obligation debt, Special Tax Obligation (Transportation Infrastructure) debt, WIFA Loan debt, Utility Revenue Bond Debt, and the review and creation of new Community Facility District applications and corresponding debt. Important Events:OngoingOpen DateOnline PortalPosting date for the OpportunityJun 1st 2023, 6:00 PM MSTN/AUpcomingClose DateOnline PortalDeadline for SubmissionsJun 22nd

2023, 5:00 PM MSTN/AUpcomingInterviews (If Necessary) Bond Counsel Services - P23-0078 -Virtual: See the description for detailsSelected firms will be notified and given unique Microsoft Teams link to attend meeting.Aug 2nd 2023, 8:00 AM MST - Aug 2nd 2023, 11:00 AM MSTNoPassedQuestions Due DateOnline PortalDeadline to submit QuestionsJun 20th 2023, 12:00 PM MSTN/A Supporting Documentation:P23-0078.pdfDocumentationOriginal Solicitation P23-0078 Bond Counsel ServicesMay 31st 2023, 5:16 PM MST - Commodity Codes: UNSPSC 6413 General agreements and contracts: In common law legal systems, a contract, or informally known as an agreement in some jurisdictions, is an agreement having a lawful object entered into voluntarily by two or more parties, each of whom intends to create one or more legal obligations between them. The elements of a contract are offer and acceptance by competent persons having legal capacity who exchange consideration to create mutuality of obligation. As specified by the United Nations Convention on Contracts for the International Sale of Goods UNCISG of 1988 ratified by 83 countries, an offer to contract must be addressed to a person, be sufficiently definite – that is, describe the goods, quantity, and price – and indicate an intention for the offeror to be bound on acceptance. UNSPSC 641116 Debt based securities: Financial instruments evidencing moneys owed by the issuer to the holder on specified terms UNSPSC 641117 Derivative securities: Financial contracts whose value is derived from the performance of assets, interest rates, currency exchange rates, indexes, environmental phenomena, etc. Derivative transactions include a wide assortment of financial contracts including structured debt obligations and deposits, swaps, futures, options, caps, floors, collars, forwards and various combinations thereof. Derivatives can be used for a number of purposes - including insuring against price movements --hedging--, increasing exposure to price movements for speculation or getting access to otherwise hard to trade assets or markets. UNSPSC 641119 Structured financial products: Financial products that have pre-defined returns and are linked to one or more underlying equities, debt instruments, indices, currencies or rates with payment at one or more future dates UNSPSC 841017 Debt management UNSPSC 64101903 Forfaiting loan: The purchasing of an exporter's receivables --the amount importers owe the exporter-- at a discount by paying cash. The forfaiter, the purchaser of the receivables, becomes the entity to whom the importer is obliged to pay its debt. UNSPSC 64101907 Mortgage loan: A debt instrument, secured by the collateral of specified real estate, that the borrower is obligated to pay back with a predetermined set of payments. Mortgages are used by individuals and businesses to make large real estate purchases without paying the entire value of the purchase up front. UNSPSC 64111601 Bond: Any interest-bearing or discounted security that normally obliges the issuer to pay the bondholder a contracted sum of money and to repay the principal amount of the debt UNSPSC 64111603 Bond with warrant attached: A bond that is issued together with one or more warrants attached as part of the offer, the warrants granting the holder the right to purchase a designated security, often the common stock of the issuer of the debt, at a specified price. UNSPSC 64111604 Medium- term note: Negotiable debt instrument offered under a program agreement through one or more dealers upon request of the issuer. The program defines the terms and conditions of the note UNSPSC 64111606 Asset-backed security: Debt instrument backed by receivables other than those arising out of real estate UNSPSC 64111607 Mortgage-backed security: Debt instrument backed by a pool of mortgages UNSPSC 64111608 Subordinated debt or debenture: A loan or security that ranks below other loans or securities with regard to claims on assets or earnings. UNSPSC 64121512 Surety policy: A type of risk management contract that guarantees the debts of one party by another party. A surety is the organization or person that assumes the responsibility of paying the debt in case the debtor defaults or is unable to make the payments. UNSPSC 64122001 Credit life insurance policy: A type of life insurance policy designed to pay off a borrower's debt if that borrower dies. The face value of a credit life insurance policy decreases proportionately with an outstanding loan amount as the loan is paid off over time until both reach zero value. UNSPSC 80121610 Debt collection law services UNSPSC 84101701 Debt negotiation UNSPSC 84101702 Debt reorganization UNSPSC 84101703 Debt servicing UNSPSC 84101704 Debt collection services UNSPSC 84121803 Government bonds UNSPSC 84121804 Privately issued bonds