City of Mt. Pleasant

The buyer seeks a qualified Municipal Advisor to represent and advise on the marketing, issuance and delivery of proposed Revenue Bonds. The bonds will fund improvements to the City's Water Treatment Plant. The anticipated SRF bond issue is approximately $10,480,000. The advisor will provide various services related to bond structuring, sale, and closing.

• 3/11/2025 - Questions Due
• 3/18/2025 - Proposal Due Date
• 3/31/2025 - Interviews of Highest-Scored Firms
• 4/7/2025 - Contract Development
• 4/14/2025 - City Commission Approval

• Registered with SEC and MSRB
• Maintain an office in Michigan
• Experience with Michigan Municipalities, Authorities, and similar tax-exempt organizations
• Experience with bond financing

• Advise on best methods for promotion and sale of Revenue Bonds
• Advise on appropriate structuring and payback of Bonds
• Prepare initial disclosure documents for offering and sale of municipal securities
• Review and draft contracts related to Bond sale
• Prepare RFP/Q for placement agent or underwriting services if needed
• Assist in presenting information to rating organizations and credit enhancement providers
• Evaluate RFP/Q responses and recommend qualified placement agent or underwriter
• Attend City Commission meetings and work sessions as necessary
• Provide written assessment of Bond sale terms under current market conditions
• Advise on $10,480,000 SRF bond issue for Water Treatment Plant Improvements