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EXHIBIT "B" <br />FEES FOR SERVICES <br />A. Fees for all services: <br />For the performance of services in Sections A,, B, C and D of the Scope of Services attached as Exhibit <br />"A "., the Consultant shall be compensated on the basis of the fee schedule shown below, <br />1. Printing Costs. The fee schedule below does not include printing of Official Statements and bond <br />certificates. <br />2. Out- of- Poeket~l menses. The fee schedule below does cover miscellaneous issuance costs and <br />consultant out-of-pocket expenses related to bond issues. <br />B, Nggotiation of Fee. Any specific arrangements regarding fees not covered by this Agreement may be <br />negotiated by the City and Consultant, <br />C. Fee Schedule, <br />1, Upon completion of a bond financing, a bond fee payable to the Consultant would be as follows; <br />Debt Issue Development anti Sales Service <br />GO $1.00/$1,000 from $1 -25 million <br />$ ,75/$1,000 from $25.50 million <br />$ .601$1,000 from $50 -75 trillion <br />$ .401,000 from $75 -100 million <br />Revenue $1.25/$1,000 from $1 -25 million <br />$1.001,000 from $25 -50 million <br />$ .75/$1,000 from $50 -75 million <br />$ .501$1,000 from $75 -100 million <br />Minimurn fee oil Bonds is $30,000. <br />Minimum fee on Bank Loans is $27,500, <br />This fee schedule would apply to all types of financing nlTangelnOntS sold at either competitive or <br />negotiated safe, based upon our proposal to provide.a full range of consulting services under all <br />financing scenarios, <br />t <br />3. keimbursable. expenses. The fee schedule and monthly retainer will include out -of pocket <br />expenses with the exception of out- of -stnte travel wllfch will be rehubursed in accordance with the <br />City's Travel Rperse Policy, <br />4. For Special Services, the Consultant would propose an hourly fee with a not -lo- exceed <br />amount negotiated with the City prior to implementation of the work, based upon the following hour]), <br />fees: <br />President or Senior Vice President $250/hour <br />Vice President, $17511-iotir <br />Assistant Vice President $125 /hoar <br />n For investment services, the Consultant will arrange for the competitive bidding of bond <br />proceeds and will be compensated by the successful bidder in an amount consistent with <br />Federal tax regulations. <br />13 <br />