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EDIT B <br />TO <br />FINANCIAL ADVISORY SERVICES AGREEMENT <br />BY AND BETWEEN <br />CITY OF SANTA ANA <br />AND <br />FIELDMAN, ROLAPP & ASSOCIATES <br />Part I -Fees and Expenses <br />Phase I and Phase II Services <br />City agrees to pay at the Consultant's hourly rates per the table provided below; however, the <br />maximum fee to be paid under this agreement for Phase I and Phase II services shall not exceed <br />the amounts advanced under any landowner deposit and reimbursement agreement between the <br />City and any landowner. The City agrees to request funds and pursue funding in advance from <br />the landowner for Consultant's services. Fees earned by Consultant for Phase I and II services <br />will be billed monthly and will be payable within 30 days. <br />Personnel <br />Hourly Rate <br />Executive Officer.............................................................. <br />$300.00 <br />Principal.......................................................... <br />$290.00 <br />Principal/Senior Vice Presidents ....................................... <br />$275.00 <br />Vice Presidents................................................................. <br />$225.00 <br />Assistant Vice Presidents .................................................. <br />$195.00 <br />Senior Associate............................................................... <br />$150.00 <br />Associates......................................................................... <br />$125.00 <br />Analyst................................................................................ <br />$85.00 <br />Administrative Assistants ................................................... <br />$65.00 <br />Clerical (Other)................................................................... <br />$35.00 <br />Part 2 -Fees and Expenses <br />Phase III Services <br />For all services rendered under Phase III resulting in a negotiated sale of bonds, the City shall pay <br />consultant a fee based upon the following schedule for each negotiated sale of bonds. <br />Par Value of Bonds Fees <br />$1 to $5,000,000 $24,500 <br />$5,000,001 to $7,500,000 $36,500 <br />Over $7,500,000 to be negotiated <br />Payment of fees earned by Consultant pursuant to this Phase III shall be contingent on, and <br />payable at the closing of the debt issue(s) undertaken to finance the Project. <br />CITY OF SANTA ANA/FIELDMAN, ROLAPP & ASSOCIATES Exhibit C, Page 1 <br />