This contract is for financial advisory services provided by RBC Capital Markets to Hernando County. The services include analyzing financing and structuring alternatives, recommending a plan for the issuance of obligations, and advising on current market conditions. The contract has a term of three years and can be renewed for an additional three years. The compensation for the services is an annual retainer fee of $24,000, plus additional fees for specific services such as bond issuances.
• The contract includes a scope of services that outlines the specific tasks and responsibilities of RBC Capital Markets.
• The contract requires RBC Capital Markets to provide disclosures of potential and actual conflicts of interest.
• The contract includes a waiver of jury trial and a choice of law provision.
• The contract has a termination clause that allows either party to terminate the contract with 30 days' notice.
• The contract includes a fee schedule that outlines the compensation for the services provided by RBC Capital Markets.