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<br />Christine Calderon <br />City of Santa Ana <br />Page 14 of 15 <br /> <br />ATTACHMENT 5 <br /> <br />ESTIMATED FIXED FEES <br /> <br />Our estimated fee for this engagement will be $6,000.00. <br /> <br />Provisions for Adjustment in Fee Arrangement <br /> <br />The fee quoted above was estimated based upon the following assumptions: <br /> <br />. Adelphia Communications will complete, sign and return all of our questionnaires, <br />together with all requested documents and Adelphia Communications-prepared <br />schedules. <br /> <br />. Adelphia Communications wiil have personnel available who are knowledgeable <br />regarding franchise fee reporting to work with DE&CO and CSG. <br /> <br />Should Adelphia Communications not provide the requested questionnaires, information or <br />documents, we will communicate these circumstances to the City in writing. This normally <br />will result in additional hours of work. We may request that the City of Santa Ana approve a <br />fee increase to cover any additional services or expenses that may be involved. CSG agrees <br />not to perform any additional work beyond this initial allocation without expressed written <br />consent by the City. <br /> <br />BILLING POLICIES <br /> <br />We will invoice the City of Santa Ana monthly for our services. Invoices are payable on <br />presentation. A finance charge of 1% per month will be added to fees billed but not received <br />before the end of the month following the month of our invoice. This corresponds to an <br />Annual Percentage Rate (APR) of 12%. No interest will be imposed on unpaid finance <br />charges. Also, our fees will be payable in full regardless of findings that result from this <br />engagement.' <br /> <br />. Additionallv Section 9.7(b) of the new franchise aqreement requires Adeiphia to reimburse the City for audit <br />costs if Adelohia's amount of underreoorted franchise fees exceeds 4%. <br />