Agenda - 11-04-1996 - 8l - Laserfiche WebLink

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r 3 6. Provide names and telephone numbers of three(3)additional individuals(local government finance officers or attorneys, underwriters,or investment bankers)with whom the firm has worked on local government finance matters, who may also be contacted as references concerning the firm's qualifications and performance. 7. Describe your methodology in calculating fees for services as bond counsel. Provide a range of the costs estimated for your services for the Southern Village Elementary School financing, and an explanation of factors and variables that would influence those costs. 8. Disclose any known or potential conflicts of interest which would or might exist if your firm were to be selected as Orange County bond counsel for this or future financings. 9. State whether the firm,or any public finance issue in which the firm has been involved, is or has been under investigation or subject to proceedings before any court or regulatory agency having jurisdiction over public finance securities. If the answer is affirmative,provide as many details as are not privileged. ADDITIONAL REQUIREMENTS Interested firms must provide three(3)copies of proposals to Ken Chavious,Finance Director, 208 South Cameron Street,PO Box 8181, Hillsborough,NC,27278. All documentation must be received by 5:00pm on Monday,October 28, 1996. Any response to this Request for Proposals will not be privileged and will be public information upon receipt by Orange County. Orange County may elect to interview one or more of the firms responding to this Request for Proposals. If the County does so, interviews will be conducted on Thursday, October 31,between the hours of 9:00am and 12:00pm. The County will notify any responding firms that it wishes to interview. The successful firm should be prepared to provide rapid review and counsel on a Request for Financing Proposals which Orange County will send to prospective lenders during the business week ending November 8, 1996. Although at this time the County contemplates engagement of bond counsel only for this specific financing,the County may, at its option, retain the law firm selected for a longer period to provide traditional bond counsel services on any financings in which the County is the obligor. The County may unilaterally terminate its arrangement with the firm selected at any time,with or without cause. The County is not responsible for any costs incurred by any firm in connection with the preparation of a proposal,nor for any failure or delivery at the time and place required. Orange County will select bond counsel solely within its discretion. The weight which Orange County lends to specific proposal requirements is also solely within its discretion. The County reserves the right to negotiate with any proposer,and to waive any irregularities and informalities in the proposals received. GENERAL INFORMATION County staff and the County Attorney will evaluate all statements of qualification and proposals that are timely received,and provide recommendations to the Orange County Manager. The Manager's recommendation on selection of bond counsel is expected to be presented to the Orange County Board of Commissioners for a decision on Monday,November 4, 1996. For further information concerning this process,contact Finance Director Ken Chavious at(919) 732-8181,ext 2453,or County Attorney Geof Gledhill at(919)732-2196.