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25B - AGMT - FINANCING FIRMS
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25B - AGMT - FINANCING FIRMS
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Last modified
4/1/2014 2:09:27 PM
Creation date
3/27/2014 3:54:00 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
25B
Date
4/1/2014
Destruction Year
2019
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EXHIBIT B <br />TO <br />PROFESSIONAL SERVICES AGREEMENT FOR FINANCIAL ADVISOR <br />BY AND BETWEEN <br />THE CITY OF SANTA ANA <br />AND <br />FIELDMAN, ROLAPP & ASSOCIATES <br />Compensation and Expenses <br />Transaction Based Compensation <br />For Services referenced in Section 1 of this Agreement, the Consultant will be compensated as <br />described in the table below: <br />TYk'OFFINACING PARAMOUNT'; �CONTINGENTFEE... <br />New Money and /ot Refunding: $1 to $15,000,000 $40,000 <br />Lease Revenue Bonds, $15,000,001 to $30,000 000 $50000 <br />Certificates of Participation, $30,000,001 to $60,000"000 $60,000 <br />Enterprise (Revenue Bonds) and <br />I ,» , $60,000,001 and above $70,000 <br />Payment of compensation earned by Consultant pursuant to this Part 1 shall be contingent on, and <br />payable at the closing of the debt issue(s) undertaken to finance the Project, <br />Hourly Compensation <br />For Services and Additional Services referenced in this Agreement, the Consultant will be <br />compensated at the then current hourly rates. The table below reflects the rates in effect as of the <br />date of execution of this Agreement. <br />Personnel <br />Hourly Rate <br />Hxecutive Officers ............................. <br />............................... $300.00 <br />Principals .......................................... <br />............................... $290.00 <br />Senior Vice President ....................... <br />............................... $275.00 <br />Vice Presidents .................................. <br />.............. *................ $225.00 <br />Assistant Vice President ................................................... <br />$1.95.00 <br />Senior Associate ................................ <br />............................... $150.00 <br />Associate............................................ <br />............................... $125.00 <br />Analyst................................................. <br />............................... $85.00 <br />Administrative Assistants <br />.................... ............................... $65.00 <br />Clerical................................................. <br />............................... $35.00 <br />Hourly Compensation will be billed on a monthly basis, <br />CITY OF SANTA ANAlFIFLDMAN, ROLAPP & ASSOCIATES Exhibit B, Page 1 <br />PRA Project No, 1.4123 <br />00087124 <br />25B -23 <br />
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