Title
Municipal Advisory Service Agreement by and between the City of Luverne and Northland Securities, Inc.
Body
Financial advisory services for the City includes the following: advice on the terms, structure and timing of the bond issue, preparation and publishing of the official notice of sale, coordination with the bond counsel, coordinating the bond closing and furnishing the City the complete documentation of the bond issue, etc. Northland Securities is a registered municipal advisor and is listed with the Securities and Exchange Commission and the Municipal Securities Rule Making Board. Northland Securities has assisted the City with many bond issues in the past and has done an excellent job; the fee for this bond issue is $23,225 and is paid in full after the bond sale is closed.