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Part 245 PointsAssignment Guidelines/CriteriaOfficial Statement Summary and Cursory AnalysisI. Select a United States municipality debt issuance official statement, preferably one located in the Inland Empire and analyze its contents.  These statements can be located at the following link and then proceed to the instructions (EMMA) and click on them (note: examples are provided in Module #3 but students may not use any of those). Investors wishing to research municipal bonds may access a range of information online free of charge at the Municipal Securities Rulemaking Board’sElectronic Municipal Market Access (EMMA) website. Information available to you includes:a. Disclosure documents going back as early as 1990, including official statements and continuing disclosures.b. Historical and real-time transaction price data, including information relating to a type of municipal bond called a “variable rate demand obligation” that resets its interest rate periodically. Investors should be aware that recent price information may not be available for bonds that do not trade frequently.III. The response should address the following:a. Name of issuer, date of issuance, and amount of issuanceb. Type of bond issue/debt offering (General obligation, revenue, lease, etc.)c. Maturity dated. Weighted average yield or net interest coste. Financing team members – underwriter(s), financial advisor (if applicable), bond counsel, underwriters’ counsel, trusteef. Rating and rating agency(ies) name(s)g. Summary description of issuer (150 to 200 words)h. Security or “coverage” percentage for issuancei. Strengths of issuer (150 to 200 words)j. Weaknesses or challenges of issuer (150 to 200 words)k. Discussion of elected officials and senior management team (150 to 200 words)l. If you were in the market to invest in bonds, would you buy these bonds?  Why or why not?  (150 to 200 words)