08-27-1984 Council Packet - Laserfiche WebLink

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MILLER & SCNROEDER MUNICIPALS, INC. BACKGROUND Miller & Schroeder Municipals, Inc. (Miller & Schroeder) has specialized in the underwriting and sale of municipal bonds since 1965. In addition to its main office in Wineapolis and an office in St. Paul, Miller & Schroeder maintains offices in Solana Beach, California and Chicago, Illinois, and has grown to become one of the largest municipal bond specialists in Minnesota. Miller & Schroeder provides advisory and underwriting services for municipalities and other issuers to provide financing for health -carp facilities, commercial and industrial projects, municipal facili- INVESTMENT BANKING SERVICES Set forth below is a brief description of the advi- sory and underwriting services offered by Miller & Schroeder: • Assist the municipality and its staff in analyz- ing the long-term financial requirements of the municipality. • Assist in developing a comprehensive financing plan which will meet the long-term objectives of the municipality, and make recommenda- tions relating to the timing and implementation of such financing plan. • Advise and assist the municipality and bond counsel in preparing the necessary legal docu- ments u► insure that the financing structure meets the predetermined objectiv" of the municipality. • Advise the municipality regarding cer:a;n terms of the h onds to he sold, including matur- ties, single and multi -family housing, and virtually any other activity which can be financed on a tax- exempt basis. Miller & Schroeder's staff has the knowledge and experience required to successfully finance a pro- ject, no matter what size. Previous issues have ranged in size from $300,000 to finance general municipal improvements to over $98,000,000 to finance low interest, single-family mortgages for a redevelopment agency. ity schedules, call features, reserve funds and other pertinent terms which will insure the broadest market for, and therefore the lowest interest rate on, the bonds. • Assist the municipality and underwriter's counsel in the preparation of an official state- ment containing all relevant information on the municipality, and the financing plan, for distri- bution to prospective purchasers of the bonds. • Prepare and present to the rating agencies all necessary financial information to obtain the highest rating on the bonds. • Assist in the preparation of all closing docu- ments and the sigr.;ng and delivery of the bonds. • Provide any additional services requested h_v the municipality to fulfill the individual needs of the municipality. If your City is concerned with its future financial needs, and is interested in or has questions regarding the services offered by Miller & Schroeder, contact a Miller & Schroeder representative today at 1612► Hail 15t>rY 4