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DAVID TAUSSIG & ASSOCIATES, INC
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DAVID TAUSSIG & ASSOCIATES, INC
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Last modified
7/13/2015 9:52:19 AM
Creation date
10/7/2005 10:56:58 AM
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Contracts
Company Name
David Taussig & Assoc, Inc
Contract #
A-2005-225
Agency
Finance & Management Services
Council Approval Date
9/19/2005
Insurance Exp Date
12/8/2006
Destruction Year
2011
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<br />EXHIBIT B <br /> <br />FEE SCHEDULE <br />COMMUNITY FACILITIES DISTRICT <br />SPECIAL TAX CONSULTANT <br />MACARTHUR PLACE SOUTH PROJECT <br /> <br />Fees for First Bond Issue <br /> <br />Total compensation (excluding expenses) for completion of Tasks 1-9 in Exhibit A should a <br />Community Facilities District be formed and a first bond issue be sold shall be based on the size of <br />the bond issue, due to the increased liability risk associated with larger bond issues. DT A's proposed <br />budget for Optional Task 10 is $3,500. The total fee to be charged for Tasks 1-9 shall be based on <br />the following schedule: <br /> <br />First Bond Issue Size <br /> <br />Total Fee (excluding Out-of-pocket <br />Expenses) <br /> <br />Less than $2,000,000 <br />$2,000,000 - $5,000,000 <br />$5,000,001 - $10,000,000 <br />$10,000,001+ <br /> <br />$27,500 <br />$27,500 + .003 of amount over $2,000,000 <br />$36,500 + .002 of amount over $5,000,000 <br />$46,500 + .0008 of amount over $10,000,000 <br /> <br />Prior to the sale of a first bond issue, DT A shall be remunerated for services based on the hourly <br />rates shown in Table I below, with invoices being submitted to the Client on a monthly basis. Upon <br />the sale of a first bond issue, any remaining portion of the total fee shall be paid from the proceeds of <br />the issue. Should no bonds be sold, DT A shall only receive remuneration for hours worked and out- <br />of-pocket expenses. <br /> <br />Should more than one Project Landowner participate in the formation of the CFD, and should one or <br />more ofthese additional Project Landowners desire to be placed in a separate Improvement Area or <br />Zone from the first Project Landowner, additional time and materials may be charged, up to a <br />maximum of $6,000 per Improvement Area or Zone (Optional Task IA). <br /> <br />Table 1 <br />Hourly Rates <br /> <br />President <br />Senior Vice President <br />Vice President <br />Manager <br />Senior Associate <br />Associate <br />Financial Analyst <br />Research Assistant <br /> <br />$225/Hour <br />$210/Hour <br />$210/Hour <br />$180/Hour <br />$160/Hour <br />$140/Hour <br />$120/Hour <br />$IOO/Hour <br /> <br />City of Santa Ana <br />Agreement for Consulting Services <br /> <br />Page B-1 <br />July 1,2005 <br />
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