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6B(1)
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12-22-14 Redevelopment Commission Meeting
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6B(1)
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12/18/2014 3:40:53 PM
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12/18/2014 3:40:51 PM
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I <br /> ;l <br /> a <br /> EXHIBIT B <br /> Fees <br /> The Firm's fees for services set forth in Exhibit A shall be billed at the Firm's standard billing rates, as <br /> follows: <br /> A. For services provided as set forth in Article I, fees shall not exceed Seventy Five <br /> Thousand Dollars ($75,000)without further authorization by the Client. <br /> B. For services provided as set forth in Article II, the fees shall not exceed Five <br /> Thousand Five Hundred Dollars($5,500)per year, as applicable. <br /> C. For services provided as set forth in Article III, the fees shall not exceed Six <br />;l Thousand Dollars($6,000)per applicable bond issue calculation. <br /> The above fees shall include all expenses incurred by the Firm with the exception of expenses incurred <br /> for out of state travel. No such expenses will be incurred without the prior authorization of the Client. <br /> The fees do not include the charges of other entities such as rating agencies, bond and official statement <br /> printers,couriers,newspapers,bond insurance companies, bond counsel and local counsel,and electronic <br /> bidding services, including Parity®. Coordination of the printing and distribution of Official Statements <br /> or any other Offering Document are to be reimbursed by the Client based upon the time and expense for <br /> such services. <br />
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