Lease Purchases
Provide analytical and support services for financial planning efforts. Review the district's timetable, long‑range operating and capital budget financing strategy.
Equipment Lease
Assist in the development of bid specifications and calculation of project amount
Assist in determining optimal repayment schedule
Solicit proposals for financing, and make recommendation to Board
Capital Lease
Assist in determining if Capital Lease can be used as local share for ROD grant or as sole funding source for “Other” Project, and help document costs
Assist with the planning and presentation for a public hearing if required. Complete Commissioner of Education 101B application for a five-year capital lease purchase, which requires a ground lease.
Prepare timetables and work schedules; monitor the status of security related activities; and coordinate the activities of other professional consultants engaged to assist in the securities issuance process.
Assist in the obtainment of credit enhancement (i.e. municipal bond insurance, letters of credit etc) if determined to be economical.
Advise in regard to an appropriate and advantageous method of selling (competitive, negotiated, private placement) given existing legal constraints, market conditions and credit factors;
Advise in the solicitation, review and evaluation of any investment banking proposal should a negotiated sale be utilized, and provide advice and information necessary to aid in such selection.
Advise as to an advantageous time for issuing debt. Such analysis will review interest rate levels and trends.
Assist and advise in negotiations with investment banking groups regarding pricing and final terms of any security offering and make definitive recommendations regarding any proposed offer to purchase an issue.
ESCO Lease