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proposal for line Cify of Sarita Ana <br />��M� <br />1��� <br />�°.�^,r ua�� <br />& <br />o <br />De�u/u1 �n�//mn/� /owm, �x ,om,cmu � �'xv/o,oh� ',0m 1 1/e'� <br />�u/rpu"o <br />J.P, Morgan charges for the use of daily uncollected funds by applying a variable overdraft rate <br />(based onPhnnn). This iu calculated using the following formula: <br />Avg, Negative Collected Bal. x OD Rate x Actual Days in Cycle / Days in Year <br />Negative Collected Balance Fee <br />Additionally, a daily occurrence fee of $50 is a5sessed on a per-occurrence basis. These ices <br />may be offset by Earnings Credit AUo`mmnter <br />Your Relationship Manager, Arry Rutz, will handle overdrafts caused by funding failures. She will <br />act diligently to contact and work with the City of Santa Ana to help ensure the account is <br />processed appropriately, The calculation above is good for the term of the contract. <br />o�/m/nx,a/�mnyo�um,ummmo��um,mx���ou//��n�4mms/�u,mm,/ <br />J.P. Morgan will prepare an Account Analysis invoice each month, identifying all services <br />provided to the City of Santa Ana, along with any fees or costs incurred by the City, <br />o///uno/ ////' m:'wW� 'vw ,///o/�'x,/*apr�,moo/ow8an��nou/y�.� <br />e�remo`�«xn�mm'ox/'vmn"�no <br />Please refer to Appendix 3 for a copy of our sample account analysis reports. Please refer tc <br />Exhibit B — Consolidated Bid Form for information regarding speclic cost or fees <br />P,omo�m��mu/*n�/o/n,ump <br />�oyxnh/o,o/xo�// <br />pO/C/"mon'm` <br />Qaylight¢verdraffi <br />J.P. Morgan does not charge for either intra-day credit (IDL) or intra-day liquidity (Fed daylight <br />overdraft) usage u1 this time, which i^ current market practice. <br />Overnight Overdraft is calculated as follows: <br />Avg. Negative Collected Bal. x OD Rate x Actual Days in Cycle / Days in Year <br />Negative Collected Balance Fee <br />FDIC insurance fee is calculated as follows: <br />FDiC rate x Monthly Average Positive Ledger Balance x (Days in Cycle / Days in the Year) <br />Deposit Insurance Fee <br />Service Charge Credit is calculated awfollows: <br />Avg, Investable Balance x ECR x Actual Days in Cycle / Actual Days in Year <br />Earnings Credit Allowance <br />page 1 11 <br />��� �� <br />�����U <br />