Please be advised that the Hampton Roads Transportation Accountability Commission (“HRTAC”) has retained an independent registered municipal advisor.   HRTAC is represented by and will rely on its municipal advisor, PFM Financial Advisors, LLC to provide advice in evaluating recommendations or advice from financial services firms concerning the issuance of municipal securities and certain municipal financial products as such terms are defined in the SEC’s Municipal Advisor Rule. Materials should be addressed to HRTAC as well as PFM Financial Advisors, LLC and David Miller via email at millerd@pfm.com.  If the materials received will be seriously considered by HRTAC, then we will instruct the municipal advisor in writing to prepare an evaluation. 

With respect to investments of bond proceeds and escrow investments, HRTAC is represented by and will rely on its investment advisor, PFM Asset Management, LLC to provide advice in evaluating recommendations or advice from financial services firms.

HRTAC intends for market participants to use this notice for purposes of the independent registered municipal advisor exemption to the SEC Municipal Advisor Rule. This certificate  may be relied upon until June 30, 2023.