Southtowns Record

Board Packet 06.01.2026

Government
Village of Springville
Board
Village Board
Meeting
Jun 1, 2026
Kind
Agenda packet
Topics
Audits and oversight, Zoning and land use, Public safety, Budget and taxes, Water, sewer and drainage

Original document

Same meeting

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Springville, V. / R. Belscher  -3-  June 1, 2026

  4)  Complete a time-frame calendar for all items to be completed in connection with an anticipated
  borrowing.

  5)  Prepare various maturity schedules for Village officials to determine repayment of anticipated
  borrowed funds for planning purposes.

  6)  Advise on the timing, amount, and maturity of an anticipated borrowing.

  7)  Coordinate board adoption of the bond resolution and other legal documents that may be required
  with bond counsel.

  8)  Assist with debt service requirements for budgeting purposes.

  9)  Application to secure CUSIP numbers for borrowings, as required.

  10) Convert financial documents into useable formats for processing, if necessary.

  11) Compliance with IRS, MSRB and SEC regulations, reviews, and updates.

  12) Provide other financial consulting services as may be requested by the Village.

General Financial Services will be billed at the current hourly rate plus reimbursable expenses (see
Appendix B).

Requested services performed prior to contract execution or services beyond the scope of the contract
will be billed at the current hourly rate plus expenses. If the project ceases for any reason, an invoice
for any work completed will be due at the current hourly rate plus expenses.

If there are services performed beyond the scope of the project, or if the project ceases for any reason,
an invoice for work completed will be due at the current hourly rate plus expenses.

The fees may be adjusted annually based on the U.S. Bureau of Labor and Statistics Consumer Price
Index — All Urban Consumers.

Invoices will be submitted periodically. Payment is expected within 45 days of the invoice date,

IV. Conflicts of Interest and Other Required Disclosures

Rule G-42 of the Municipal Securities Rulemaking Board requires us to provide you with certain
disclosures regarding conflicts of interest and other required disclosures (the “Disclosures”). Those
Disclosures are attached hereto in Appendix A. We further covenant and agree to provide to the Village
updated Disclosures as required by Municipal Securities Rulemaking Board Rule G-42 to the extent
any arise after the date of this letter. The Disclosures, and each delivery thereof, as provided from time
to time, shall be incorporated by reference as of the date thereof into this letter to the same extent as if
set forth herein.

We at Municipal Solutions, Inc. operate with a core value of honesty and integrity in all aspects of our
business. We pride ourselves in our competent and friendly staff and our services go above and beyond
what our contracts call for. We do our very best to keep costs down and pass any savings back to our