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<br />. <br /> <br />- <br /> <br />Cd) <br /> <br />Issuance of the Attorneys' customary <br /> <br />legal opinion on the bonds to the Agency and to the <br />purchaser of the bonds. <br /> <br />. <br /> <br />2. <br /> <br />For the services rendered under Section 1, <br /> <br />the Agency agrees to pay the Attorneys a fee determined <br /> <br />by applying the following rates to the total principal <br /> <br />amoUnt of the bonds issued and sold: <br /> <br />Amount <br /> <br />Rate <br /> <br />$150,000 to $1,000,000 <br /> <br />$1,500 plus $2.50 per thousand <br />on excess over $150,000 <br /> <br />$1,000,000 to $5,000,000 <br /> <br />$3,625 plus $1.50 per thousand <br />on excess over $1,000,000 <br /> <br />$5øOOO,000 to $10,000,000 <br /> <br />$9,625 plus 75Ø per thousand <br />on excess over $5,000,000 <br /> <br />Such fee is payable following the delivery of <br /> <br />the bonds to the purchaser thereof and the issuance of <br /> <br />the Attorneys' approving opinion thereon. <br /> <br />In the event <br /> <br />that the Attorneys, a~ the request of the Agency, commence <br /> <br /> <br />services and for any reason the bonds are not issued within <br /> <br />one year after such commencement, or if the proceedings <br /> <br />are abandoned, the Attorneys shall be paid a reasonable <br />, ' <br /> <br />fee for any services performed hereunder, the amount of <br /> <br /> <br />such fee to be suggested by the 'Attorneys but to be subject <br /> <br />. <br /> <br />to the approval and concurrence of the Agency. <br /> <br />In the <br /> <br />event the bonds a,re thereafter issued, the amount of such <br /> <br />fee will be credited against the fee due following such <br />issuance computed under the foregoing schedule. <br /> <br />3. 'In addition to the fee provided in Section <br /> <br /> <br />2, the Attorneys shall be paid a reasonable fee based on <br /> <br />2. <br />