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Street Rehabilitation Financing Team <br />July 16, 2007 <br />Page 2 <br />transactional documents for a financing. Disclosure counsel will be <br />responsible for preparing the official statement and any other necessary <br />disclosure documents. Quint & Thimmig's compensation will not exceed <br />$50,000 (based on a par bond value of $60 million) and will be contingent <br />upon bond closing. Orrick, Herrington & Sutliffe's compensation will not <br />exceed $90,000 (based on a par bond value of $60 million) and will <br />likewise be contingent upon bond closing. <br />FISCAL IMPACT <br />Funds in the amount of $55,000 (financial advisor) are available in the <br />Non-Departmental Account (11-012-6291) with balance of fees available <br />upon bond closing. <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />~~ > ~~ ~/lam ~~~ ~~-~-~-~-~ <br />Jim oss Francisco Gutierrez <br />Executive Director '~xecutive Director <br />8ublic Works Agency Finance & Management Services Agency <br />25C-2 <br />