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<br />THIS AGREEMENT made and entered into by and between <br />Cass County, North Dakota <br />hereinafter referred to as "Issuer," and <br /> <br />Dougherty & Company LLC <br /> <br />hereinafter referred to as "Consultants," <br />consists of the following: <br /> <br />WHEREAS Issuer may consider projects that require the issuance of obligations; and <br /> <br />WHEREAS, Consultants are specialists in assisting public entities in the issuance of obligations; <br /> <br />NOW, THEREFORE, IT IS AGREED THAT: <br /> <br />CONSULTANTS WILL: <br /> <br />1. Serve as Issuer's financial consultant; <br /> <br />2. Study existing and potential future financial commitments of Issuer, its economic <br />resources and other pertinent social and economic data; <br /> <br />3. Assist in determining the amount of financing required; <br /> <br />4. Study available financing options for Issuer's projects; <br /> <br />5. Recommend the type or types of obligations to be utilized; <br /> <br />6. Recommend financing or refinancing programs designed to fit the resources and <br />requirements of Issuer; <br /> <br />7. Coordinate financing activities with Issuer, its engineers, accountants, attorneys and <br />other specialists engaged by Issuer; <br /> <br />8. Attend meetings and public hearings to properly explain the financing and assist in the <br />preparation of public information materials, including news releases, relative to the <br />financing; <br /> <br />9. Recommend nationally recognized bond counsel and consult with counsel of your choice <br />relative to minutes, resolutions and proceedings necessary to authorize and issue the <br />obligation; <br /> <br />10. Prepare tentative time tables outlining various actions required to successfully complete <br />the financing including recommending a date or dates for an election, if required, to <br />authorize obligations and/or other questions that require voter approval; <br /> <br />11. Recommend a date or dates for the sale of the obligations, type or types of sale for the <br />obligations and terms on which bids will be received; <br /> <br />12. Research and recommend various covenants, maturity schedules and other details to be <br />included in the proceedings authorizing and issuing the obligations; <br />