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25J - AGMT - BOND COMPLIANCE SRVS
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25J - AGMT - BOND COMPLIANCE SRVS
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Last modified
9/11/2014 4:31:11 PM
Creation date
9/11/2014 4:28:52 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
25J
Date
9/16/2014
Destruction Year
2019
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Additional Work (On- "e <br />*Hourly Fees proposed as below <br />CEO /President <br />$245 <br />Managing Principal <br />$225 <br />Principal <br />$195 <br />Associate <br />$175 <br />Analyst <br />$150 <br />Assistant/Clerical <br />$50 <br />No additional cost, if supplemental information /tables are supplied by the City. If <br />Supplemental Reports supplemental information /tables areto besupplied by UFI: $125 per hour, notto <br />exceed amount can be provided when work is requested. Expenses, if applicable, are <br />paid by the City. <br />No additional cost, if amendment information /tables are suppl ied by the City. If <br />Amended Reports amendment information /tables are to be supplied by UFI: $125 per hour, not to <br />exceed amount can be provided when work is requested. Expenses, if applicable, are <br />paid by the City. <br />Urban Futures, Inc. provides real -time monitoring of all bond ratings. This service is <br />included in each bond's annual fee. Notification to the City of all ratings changes is <br />guaranteed to be made prior to the MSRB's "10 Business Day" rule. UFI will draft and <br />post to EM MA on the City's behalf any two material event notices per bond issue free <br />Notice of Material Events of charge each year. A charge of $125 per material event for drafting and posting is <br />incurred thereafter. If one material event affects more tha n one bond issue, the fee <br />will only be $125 total, regardless of number of notices drafted /posted. In the case <br />of a draw on Debt Service Reserves, UFI will contact the Trustee on the City's behalf <br />in order to draft and postthe necessary material event notice. <br />25J -22 11 <br />
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