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Compensation and Method of Payment
<br />FEESCHEDULE
<br />Set-vices at time of Issuance:
<br />LID bonds only.
<br />General Obligation and Revenue Bonds only.
<br />All bond counsel fees, costs and expenses are included in the fee matrix above. Bond counsel fees
<br />include all of the Contractor's work related to the bond issue (including but not limited to
<br />document preparation, state and federal tax law analysis, attending finance team and City Council
<br />meetings, expenses, costs, delivering the final opinion, answering questions during and between bond
<br />issues, and providing other services as outlined in the Scope of Services), unless another fee
<br />arrangement is agreed to by the City. The fee matrix may be adjusted, not more frequently than annually,
<br />with prior City approval.
<br />In the event the bonds are not issued, no fee will be charged. The fees would be lower if the bond
<br />issue is privately placed, such as with a bank. For bank loans, t he charge would be 65% of the
<br />regular fee schedule. For refunding issues, the charge would be 115% of the regular fee schedule. regular
<br />fee schedule. For refunding issues, the charge would be 115% of the regular fee schedule.
<br />CA Revised 1-2013
<br />Page 7 of 8
<br />9
<br />Local
<br />Issue Size
<br />General Obligation
<br />Revenue
<br />improvement
<br />District
<br />Less than $1,000,00
<br />$8,000 + $0.10 per
<br />$10,000 + $0.10 per
<br />$10,000 + $0.10 per
<br />$1,000 of issue size
<br />$1,000 of issue size
<br />$1,000 of issue size
<br />$1,000,001-
<br />$15,000 + $0.10 per
<br />$18,000 + $0.10 per
<br />$18,000 + $0.10 per
<br />$5,000,000
<br />$1,000 of issue size
<br />$1,000 of issue size
<br />$1,000 of issue size
<br />$5,000,001-
<br />$20,000 + $0.10 per
<br />$24,000 + $0.10 per
<br />$24,000 + $0.10 per
<br />$10,000,000
<br />$ 1,000 of issue size
<br />$ 1,000 of issue size
<br />$1,000 of issue size
<br />$10,000,001-
<br />$24,000 + $0.10 per
<br />$28,000 + $0.10 per
<br />$28,000 + $0.10 per
<br />$15,000,000
<br />$ 1,000 of issue size
<br />$1,000 of issue size
<br />$ 1,000 of issue size
<br />$15,000,001-
<br />$26,000 + $0.10 per
<br />$30,000 + $0.10 per
<br />$30,000 + $0.10 per
<br />$20,000,000
<br />$1,000 of issue size
<br />$1,000 of issue size
<br />$ 1,000 of issue size
<br />$20,000,001 and
<br />$28,000 + $0.10 per
<br />$32,000 + $0.10 per
<br />$32,000 + $0.10 per
<br />above
<br />$1,000 of issue size
<br />$1,000 of issue size
<br />$1,000 of issue size
<br />LID bonds only.
<br />General Obligation and Revenue Bonds only.
<br />All bond counsel fees, costs and expenses are included in the fee matrix above. Bond counsel fees
<br />include all of the Contractor's work related to the bond issue (including but not limited to
<br />document preparation, state and federal tax law analysis, attending finance team and City Council
<br />meetings, expenses, costs, delivering the final opinion, answering questions during and between bond
<br />issues, and providing other services as outlined in the Scope of Services), unless another fee
<br />arrangement is agreed to by the City. The fee matrix may be adjusted, not more frequently than annually,
<br />with prior City approval.
<br />In the event the bonds are not issued, no fee will be charged. The fees would be lower if the bond
<br />issue is privately placed, such as with a bank. For bank loans, t he charge would be 65% of the
<br />regular fee schedule. For refunding issues, the charge would be 115% of the regular fee schedule. regular
<br />fee schedule. For refunding issues, the charge would be 115% of the regular fee schedule.
<br />CA Revised 1-2013
<br />Page 7 of 8
<br />9
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